Entering the trading market

[sammark23]

What is the best strategy to prepare oneself before entering the trading market?

[airdata]

Before entering in Crypto market for trading need to proper knowledge about crypto market, also need experience about coin, chart, volume, supply, market condition, what is the good time for buying, what is the best time for selling etc.       

[Oshosondy]

Use very low amount of money, newbies are more likely to definitely lose their starting money. You will need not to be in rush, be doing easy and learn and have more knowledge that will be experience for you later. One year or two years is not bad for learning, do not put the money you can not afford to lose after you have learn how to trade for a year or two with experience, be very careful of shit coins, bitcoin is enough for trading but other coins like ethereum, binance coin, doge, qtum are not also bad.

[passwordnow]

What is the best strategy to prepare oneself before entering the trading market?

Let's all say that you already prepared for the capital and which cryptos that you're going to buy, hold and trade then I think the next important thing you need to prepare is with your mentality. The risk is too high in trading when you're a newbie, your emotion is your enemy first and second the market. Think about it how will you react on the market's volatility and how you can hold your emotion if by the time you start trading, the market isn't on your favor.

[Maus0728]

@Ratimov has given a fair share of trading guides that anyone who started trading should read.

Step-by-Step Guide for Beginner Crypto Traders - while I know that this is a long read, the article points out all the necessary steps on how you can get your feet wet onto trading.

Also, there "best" strategy you are referring to is an umbrella term which means that there are a bunch of existing strategies that has its own pros and cons. You need to develop your own strategy based on a certain number of aspects(e.g, lifestyle, risk apetite).

The link^[1] below is also a good resources that you can use for your trading journey ahead.
[1] https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

[ipanks]

You need to determine your best strategy. We can suggest using small money to start trading while you learn to trade for more. You can try to analyze any coins you want but do not make a buy order. Just watch the price moves to see how the price will move. If you are sure that you can buy at that price, you can place your order buy and wait until it fills. After that, you can determine what price you will sell the coins and predict how much profit you want. Do not expect to make a big profit at first but make yourself familiar with the market movements so when you know how to trade, you can try to make a big profit. Just do it step by step, and you are fine.

[palle11]

Trading the market of cryptocurrency is a highly risky , but you can't run away from it as it is very lucrative if you do the right thing. The time for entering is not determinable for example, with bitcoin yesterday was almost same price it was today morning but has gone ahead with extra $1,000 to $43,000. You see entering time is not stable for any cryptocurrency so you can't wait for enternity, you can make your chances at any time. This is the time many have been saying bitcoin will rise or bullish and others have been entering and taking profit. It is left for the individual who is ready to take the market risk at anytime. Only trade softly with smaller risk.

[tbct_mt2]

What is the best strategy to prepare oneself before entering the trading market?

Think about yourself first.

If you feel that you don't have patience, you are not good for trading.
If you do things emotionally, you are not good for trading.
If you don't have solid income, and have to rely on trading to earn income, don't trade.
If you don't have own capital and have to borrow to trade, don't trade.
If you are not in crypto market a few years, 2 years at least, don't trade.

The best is invest your money and get experience in the market more than 2 years. When you experience the market and understand how it is manipulated, you can use 5% or 10% of your capital for trading.

[Wexnident]

Prepare to lose. A lot. Experience speaks best really on how you would actually trade money, after all, no single person could possibly bear the fact that they could lose all their investments in a single moment, especially since we're talking about the crypto scene here (unless you're a rich kid somewhere who throws it like it's nothing). There's gonna be a roller coaster of emotions, a lot of it and you're probably gonna want to hate yourself or something for losing a trade you could've profited a lot from, but that's pretty normal, so I'd really suggest honing your mental fortitude.

[john_nautica]

What is the best strategy to prepare oneself before entering the trading market?

What do you mean what strategy? or you mean just preparations before entering the market, first of all you should know what you are doing you should know how to read the market and what's the current status of the market.

If you know the status or what is happening on the current market you would be able to formulate your own strategy in order to have profit on that trade. So it depends on the status of the market what kind of strategy you are going to use and it depends on you what kind of strategy you are going to do to once you enter the market.

[tbct_mt2]

Prepare to lose. A lot. Experience speaks best really on how you would actually trade money, after all, no single person could possibly bear the fact that they could lose all their investments in a single moment, especially since we're talking about the crypto scene here (unless you're a rich kid somewhere who throws it like it's nothing).

Trading is not easy if the target is earning net profit, not short term profit. Because short term profit is unsustainable and at the end you can end with loss.

Learning the psychological market cycle is very important but you can not learn it from infographics. You need to have experience in the market and it takes time. 2 to 3 years and the best is more than 4 years in the market.

[Rajamuda]

The important thing that must be fulfilled, basically we are able to read price movements in the market from time to time, and prepare a plan or strategy, even a backup strategy to deal with several possibilities that occur in price developments in the market.
Another one.. controlling emotions is very important when seeing prices are in a downward phase.

[suzanne5223]

Just like some people say (which I'm one of them), cryptocurrency trading is just like gambling and the best strategy to prepare yourself for what may come before entering the trading scheme is to have adequate knowledge about crypto and the risk in crypto trading. After this, you need to understand the historical data, the utility of the coin you want to trade, the exchange platform you want to use, and your level of portfolio management.

[Questat]

Just like some people say (which I'm one of them), cryptocurrency trading is just like gambling and the best strategy to prepare yourself for what may come before entering the trading scheme is to have adequate knowledge about crypto and the risk in crypto trading. After this, you need to understand the historical data, the utility of the coin you want to trade, the exchange platform you want to use, and your level of portfolio management.

Then, anyone who plans to enter trading must have assessed themselves first before stepping in. But somehow, this has been not quite followed but the skip into actual trading. It is literally a mess for them and can't expect that they will be able to survive but expecting their losses.
We should also have to know that even we have enough money to start trading doesn't mean that it all be okay, it should be accompanied by knowledge and skill which is somewhat been missing for most traders. Well, learning something from our mistakes will serve as guidance for a better future.

[The Cryptovator]

If you read a few threads from the trading discussion board you will get a few ideas about trading before entering the trading market. So first of all you have to avoid laziness before entering the trading market. Otherwise, you can't learn anything. Trading isn't soo easy that you are wondering. Before entering on the trading learn more ad much as you can. A lot of things are related to trading. Prepare yourself for loss at the beginning. Because you can't expect profit before learn. So you must start with a small amount to avoid a big loss. Once you think you already gain enough knowledge about trading then start with big funds. Spend time to learn. And there is no alternative of patience on the trading.

[ethereumhunter]

The best strategy before you enter the trading market is to learn as many lessons as possible so you are ready to enter the market and know how to analyze because if you can not do that, you will not make a profit. You need to decide to make bitcoin trade or altcoin trade and try to search for the right time to enter because sometimes when we want to enter the market, the price is high, so we need to wait for a while until the price is down. You do not have to be afraid of losing money in trading because if you can learn from your mistake, you will know what you need to fix and prevent that in the future.

[noorman0]

But the funny thing is, previously you have given trading advice in someone else's thread and now you are asking the same problem.

There are various ways to learn the fundamentals of trading. Videos and lectures, for example, are freely available on the internet. The ideal option, however, is to enrol in a beginners online trading course. That manner, one can obtain a well-informed view on trading while having it handled by professionals. It is usually preferable to register in a course that is tailored to one's degree of knowledge rather than relying on unverified material that would be useless to a rookie.

If I was a novice trading I would avoid paid course services. There are many places to find the best and free trading material on the internet, and this forum is a great 24-hour consulting place to discuss my trading progress.

And I understand now the reason you're asking is this:

Code:

https://trustinst.com

learn trading online

beginners online trading course

investment courses for beginners

Nice disguise, but still predictable

[DarkDays]

What is the best strategy to prepare oneself before entering the trading market?

Entering the market is not rocket science.

All you need is a sound knowledge of the markets, sound knowledge of how crypto works and most of all sound knowledge of common spam strategies which often involves giving money away to somebody.

Then need to start with an amount that you're happy to lose, and then use that to build experience. Once that's done and you see you can get profit you can get to the next level which typically involves moving more money.

But don't start any of this if you're one of those people who say they don't have time to learn.

[RiskySanchez]

What is the best strategy to prepare oneself before entering the trading market?

Don't forget to read the market situation and news globally because that's how you know market conditions. If you understand technical analysis in general terms such as Bearish, Bullish and sideways you can already try trading in the market, Never guess something you don't know try to read the market more carefully and try trading with low money

[SquallLeonhart]

anyone who plans to enter trading must have assessed themselves first before stepping in. But somehow, this has been not quite followed but the skip into actual trading. It is literally a mess for them and can't expect that they will be able to survive but expecting their losses.
We should also have to know that even we have enough money to start trading doesn't mean that it all be okay, it should be accompanied by knowledge and skill which is somewhat been missing for most traders. Well, learning something from our mistakes will serve as guidance for a better future.

That is because they fear missing out. FOMO is a real thing and people get in as soon as possible because they want to make profit from crypto and they see others do it so they assume they can do it as well. They do not realize that most of those people have been here and learned how to trade and got lucky sometimes as well, like trading during bull market or even investing beforehand means you could make a killing in the market and make a huge profit, as much as 10x in span of half a year, but that is not something veteran traders do constantly, that is something we just do sometimes and not at all times. Newbies do not realize this and they jump in right away thinking they could get rich.

[Zilon]

What is the best strategy to prepare oneself before entering the trading market?

Your emotions and greed. If you can deal with this two no matter what other strategy you deploy it would certainly pay off provided it's worth trading. This two killing trading limitators has made even professional traders with very profitable setups lose out of a trade even to the point of raising down an account. For me no other strategy is more superior to your control over your greed and your emotional approach towards the market

[SyndicateLabs]

What is the best strategy to prepare oneself before entering the trading market?

crypto is a flexible, attractive investment channel that has attracted the attention of many investors. However, not everyone is knowledgeable and ready to trade in this market. From personal experience, I see things that need to be prepared:
1. background knowledge of the market
2. prepare capital
3. devices to serve work such as computers, phones...
4. time
5. source of market information
6. clear plan
That's the theory, but in reality, everyone will have a trading method to suit themselves, and at some point we have to admit the method is drawn from real experience, wish you success soon. 

[TheEconomists]

What is the best strategy to prepare oneself before entering the trading market?

Proper knowledge of what trading is all about and not just because of anxiety of how to make big money in crypto currency trading. You have to learn how to interpret chart and trend and at the same time you have to devote your time in reading news in relation to Bitcoin and crypto currency in general as that will help you make an informed trading decision.

[taufik123]

and in essence, technical analysis and fundamentals are very important to learn. Because prediction is not just guessing where the market will go, but using analysis using some of the indicators provided and seeing the latest news about cryptocurrencies.
The analysis will not be 100% accurate, but it will be helpful to see where the price will go.

[ipanks]

What is the best strategy to prepare oneself before entering the trading market?

When I was new to trading, I just watched the price first before buying a coin. If the red candle comes, I will prepare to buy at another lower price and just wait until my order is filled. If it does not need too long to see the order fills, I will prepare to sell at the high price and if on that day, the price does not increase, I will still wait for more until the price increase. If everything is good, I will be able to make a profit, but I cannot wait for more if it is not.

Trading is not as simple as we think because we need to learn many lessons, including knowing the right time to enter the market. What I describe above is just my experience when I was still new in trading. But soon, after you are familiar with that, you need to learn more about trading.

[Victorycoin]

The market is not stable you have to learn the basics well with research whenever you spend enough time on the market chart, you will have a good idea about the market which will also give you a very good idea about when where, and how the market will be located only by looking at the daily chart will you be able to understand the right trend.

[Kanjeung]

mental health, personal analysis, reliable information or sources about crypto or the market and money. when you have money I give advice, never buy tokens with high prices and 100% of your money (don't spend it). because I have experienced it. prepare mentally strong when your token or coin goes down. Never mix your personal money with cryptocurrency money, because when the price drops and you have no money, your assets will definitely be sold, and you will lose.

[ultrloa]

Before entering the trading market, make sure that you have proper knowledge on it, this is not gambling on which you only need to rely on luck, that is really different in the trading market, you should gain knowledge first before you do trading, expect that you may lose on your first experience but it's alright and its normal for a newbie, just make sure that every training experience you had, there is a lesson that you have gain on it.

Sometimes luck occurs to us especially if we don't expect that the token or coin we bought will pump high as we expected and for sure this occur to us and we tell ourselves that we are lucky to buy that token in perfect time. But this one will never happen always that's why technical analysis is important and that should be learn by newbie so that they can track the possible movement of the market and will not miss out on certain scenario happen in the market.

[chuckweitzman]

The best strategy would be to get a motive to enter the market, set targets or use stop losses, learn risk management. Don’t go just for cheap rates when buying, pick a potential crypto currency to trade and most importantly, trade consistently.

[jaberwock]

What is the best strategy to prepare oneself before entering the trading market?

I don’t think there is anything like a strategy for preparing yourself unless maybe you just talking about what you’re meant to do just to be ready. If you’re going to be talking about a strategy then I guess you mean the skills you need for trading in the crypto currency markets.

But, first of all when it comes to getting yourself ready, you have to be prepared mentally and know that there are risks that are involved in trading crypto currency. You have to understand that it is not all the time that you are going to be making a win in the market, there are times that you can see losses. So, you just have to be ready for all these things. Then after preparing yourself, it’s all about learning the skills that are needed for trading.

[carlfebz2]

What is the best strategy to prepare oneself before entering the trading market?

Before entering the market.

1. Know the basics on how this market behaves
2. Avoid on things which are possible scam
3. Dont make your hope too high which presuming that trading or investing on this market is easy.
4. Be consistent
5. Dont let your losses make you quit directly
6. Proper money management.
7. Experience is the best teacher.

You would really gain up other things through experience along the way.

[huu78]

Mental readiness, ready to take risks, understand crypto market information to get fundamentals, and not greedy in making exchanges. Some of these points may not be very important but they are enough to help you to start trading on the first day. Don't be afraid to lose for a short period of time. All can be large for an indeterminate time.

[suzanne5223]

Just like some people say (which I'm one of them), cryptocurrency trading is just like gambling and the best strategy to prepare yourself for what may come before entering the trading scheme is to have adequate knowledge about crypto and the risk in crypto trading. After this, you need to understand the historical data, the utility of the coin you want to trade, the exchange platform you want to use, and your level of portfolio management.

Then, anyone who plans to enter trading must have assessed themselves first before stepping in. But somehow, this has been not quite followed but the skip into actual trading. It is literally a mess for them and can't expect that they will be able to survive but expecting their losses.

If skipping the important perspective which is having the fundamental knowledge before start trading is what most new traders practise then the number of traders that quit as stats shows will always increase, I thought about this and I finally understand that most newbies traders are thrill by the success of experienced traders with the belief that crypto trading only involves buying low and selling high.

We should also have to know that even we have enough money to start trading doesn't mean that it all be okay, it should be accompanied by knowledge and skill which is somewhat been missing for most traders. Well, learning something from our mistakes will serve as guidance for a better future.

Money is not everything and without knowledge, a folk is still a poor person. However, learning from mistakes don't always serve as guidance in some situation.

[martina14]

What is the best strategy to prepare oneself before entering the trading market?

Here follow this procedure dude,

- Know your target here in this industry of business
- know what type of trader are you, is it short or long term trader?
- Always be update into news about in cryptocurrency or virtual currency
- Study first the basic rules or things that are related into crypto trading.
- Must have a capital to buy in which coin you like to have in the future.
- know what exchange site platform you are going to use.

So this for now I think that you should know dude.
Good day

[amirahmed]

The most critical element is to have a clear understanding of what trading is and the many techniques available. Learning to trade based on unverified articles may be a bad idea because there is a limit to what one can learn from the information available on the internet. There are numerous platforms that provide online trading courses with professional trainers. Even so, it's possible that this isn't always enough. A newbie should most likely opt for personalized training courses on trading, which are offered on a variety of sites. This might be quite beneficial, as it allows people to learn trading at their own pace.

[rhomelmabini]

What is the best strategy to prepare oneself before entering the trading market?

I don't think there something to be called as best strategy because it's really that rare to find one, I'd say it's basically the fundamental knowledge first in regards to trading, the risk awareness, and I think most of all is your behavior to trading. I'd say the latter as the most important element of all, well, this is basically my opinion at all when I started trading and the experience I got.

You may have the knowledge regarding indicators, strategies and the financial aspect but if you're trading behavior or psychology towards it is being shaken, it won't matter. Crypto market isn't for the faint of heart and mind.

[Ararbermas]

What is the best strategy to prepare oneself before entering the trading market?

always seek for specific information so that you are aware what will be real situation in trading field and how it really works before you enter on it. And of course skills is the most important as well so better to give a try first on demo account so you know how does it feel and you can build strategies in order to succeed when you're ready to trade with your own money.. So practice first and make more research to obtain knowledge at the same time because that's the most important.. Just don't rush your situation. 

[michellee]

What is the best strategy to prepare oneself before entering the trading market?

You need to prepare yourself by learning the basic trading lesson so you will not be confused about seeing the market and knowing how to use the button. After you think you can understand the trading method, you can start trading but do not try with too big money, especially if you do not know much about trading. You need to learn many things before entering the trading market, as when you are in the market, many coins can tempt you to buy without you know if that coin can increase or if that will be a good time to buy that coin.

[Kasabus]

What is the best strategy to prepare oneself before entering the trading market?

You need to prepare yourself by learning the basic trading lesson so you will not be confused about seeing the market and knowing how to use the button. After you think you can understand the trading method, you can start trading but do not try with too big money, especially if you do not know much about trading. You need to learn many things before entering the trading market, as when you are in the market, many coins can tempt you to buy without you know if that coin can increase or if that will be a good time to buy that coin.

It's a good thing that after you have learned the basics in trading, you have to indulge in real trading with a minimal amount of capital. Experience will help you further your knowledge and develop your own strategies that will definitely work on you. Having a positive mindset and a long stretch of patience are very important also so you will last longer in trading. Just don't expect that trading itself is a rich quick scheme so you won't be disappointed. You may endure losses in your first attempts but as you keep on trading while learning, you'll eventually learn your own strategies on how to be profitable.

[adzino]

What is the best strategy to prepare oneself before entering the trading market?

Gain knowledge. Get to know the market. Learn about the risks and be prepared to make losses. See how the market was the past few years. Select a good platform. Learn about the platform. Get used to it. Next start small. See how you are doing. You will make a lots of mistakes. Keep learning from them and avoid them in the future. Once you are ready, go big (or slowly increase the amount of time and funds you are investing).

[CryptopreneurBrainboss]

What is the best strategy to prepare oneself before entering the trading market?

The best strategy has to involved getting yourself equiped with the right information and tools for a profitable trade. Already you should be familiarize with the trading environment before wanting the start trying for real and that can be achieve with some demo trading or classes as suggested by users who have written above me when you have gotten the basic tools ready, you can then work on your emotions.

If you don't or can't have control over your emotions than you shouldn't start trading until you have mastered that. Not minding how good you're with the charts and giving accurate predictions of market movement, provided you can't control this basic emotions of the market like fud and fomo, you'll end up losing.

The market place is no play ground for unprofessionalism, you have to be very professional if you want to market profit, having your capital available and having a trading plan is also vital.

[RealMalatesta]

anyone who plans to enter trading must have assessed themselves first before stepping in. But somehow, this has been not quite followed but the skip into actual trading. It is literally a mess for them and can't expect that they will be able to survive but expecting their losses.
We should also have to know that even we have enough money to start trading doesn't mean that it all be okay, it should be accompanied by knowledge and skill which is somewhat been missing for most traders. Well, learning something from our mistakes will serve as guidance for a better future.

That is because they fear missing out. FOMO is a real thing and people get in as soon as possible because they want to make profit from crypto and they see others do it so they assume they can do it as well. They do not realize that most of those people have been here and learned how to trade and got lucky sometimes as well, like trading during bull market or even investing beforehand means you could make a killing in the market and make a huge profit, as much as 10x in span of half a year, but that is not something veteran traders do constantly, that is something we just do sometimes and not at all times. Newbies do not realize this and they jump in right away thinking they could get rich.

Unfortunately there will be a lot of people who will get out just because they fear the market. That is something that would be impossible to stop and the market will always have that type of people. We need to educate people a lot more on the drops and how they are normal part of the market, however it will never be enough and there will be a lot of them, we may drop the amount maybe but not make it zero.

All those people who think they could get rich overnight are the people who run away, so we could find them in anywhere, if we could convince them not everyone makes profit back to back constantly and 10x their profit in half a year every year then we could maybe convince them not to sell as well. Entering the market is a dangerous thing, if you get in and hope for a profit constantly then you will be scared as soon as the prices drop as well.

[kawetsriyanto]

What is the best strategy to prepare oneself before entering the trading market?

Firstly, trading doesn't only need money as capital. Money can be further considered after:
- having enough knowledge about crypto trading, at least the basic and also some knowledge also about trading in certain exchanges.
- Be ready for you emotional because most people are started to attract in trading because of being greedy or willing to be rich very quick
That is why you must be ready that trading is not only about making profits but also some probabilities of losing as the risks.
- Having good knowledge about the trading management
- Considering how much will be for trading, it means that we implement the fund management very well when trading, deciding what kind of trader we are.

[goinmerry]

What is the best strategy to prepare oneself before entering the trading market?

Read the basics, read beginner's advice all over the internet, watch some tutorials on Youtube.

After that, try to apply your knowledge to actual trades to better understand those tutorials and guides you will encounter. Expect losses as it's impossible to learn trading overnight. You really need to prepare yourself to spend more money at first.

Lastly, trade everyday until you will be used to doing it. No need for books and guides now as you can now create your own strategy.

[wxa7115]

What is the best strategy to prepare oneself before entering the trading market?

Gain knowledge. Get to know the market. Learn about the risks and be prepared to make losses. See how the market was the past few years. Select a good platform. Learn about the platform. Get used to it. Next start small. See how you are doing. You will make a lots of mistakes. Keep learning from them and avoid them in the future. Once you are ready, go big (or slowly increase the amount of time and funds you are investing).

One thing that always surprise me is that newbies expect to come to the most competitive profession in the entire world and expect to win with no preparation, most of the time the difference between those that win and the ones that lose is their preparation.

The long term loser does not put a lot of effort into becoming a trader and the few hours they take to work in their strategies to trade the markets are invested in the wrong topics and acquiring wrong information, the ones that become successful not only like to earn money from the markets, they like the activity itself which gives them the possibility to invest more time in it and increase their skills at a faster rate, and if this effort is sustained then soon enough they will become part of the elite which can earn profits in the market consistently.

[Hippocrypto]

What is the best strategy to prepare oneself before entering the trading market?

You don't need strategy, all you need is enough funds to sustain on trading in order to manage your asset sustainably. Skills should be developed in order for us to cope up with different challenges, but that's normal for first timers to panic and worst is they lost a huge amount of money. Seek guidance from friends and peers who could mentor you for a good advice which eventually teach you different ways to deal with trading successfully.

[boyptc]

You don't need strategy, all you need is enough funds to sustain on trading in order to manage your asset sustainably. Skills should be developed in order for us to cope up with different challenges, but that's normal for first timers to panic and worst is they lost a huge amount of money. Seek guidance from friends and peers who could mentor you for a good advice which eventually teach you different ways to deal with trading successfully.

You still need a strategy. It's a plan that must be executed after having the funds that you're going to use as your trade. Without a concrete plan and strategy, your chance of losing it is high because you'll just trade according to your will.

And that's part of the strategy, to hone your trading skill.

[freedomgo]

What is the best strategy to prepare oneself before entering the trading market?

You don't need strategy, all you need is enough funds to sustain on trading in order to manage your asset sustainably. Skills should be developed in order for us to cope up with different challenges, but that's normal for first timers to panic and worst is they lost a huge amount of money. Seek guidance from friends and peers who could mentor you for a good advice which eventually teach you different ways to deal with trading successfully.

Even small funds will do so you can prevent a huge amount of loss when things don't end up as you've planned. Trading is risky so it will need also a very positive mindset that will help you to get up through and through especially that if you're a newbie in trading, you will mostly lose in your first trading experience. Your skills and strategies in trading will just develop along with your various experiences. Just keep your faith in yourself because you won't need to trust others but only yourself.

[michellee]

What is the best strategy to prepare oneself before entering the trading market?

You need to prepare yourself by learning the basic trading lesson so you will not be confused about seeing the market and knowing how to use the button. After you think you can understand the trading method, you can start trading but do not try with too big money, especially if you do not know much about trading. You need to learn many things before entering the trading market, as when you are in the market, many coins can tempt you to buy without you know if that coin can increase or if that will be a good time to buy that coin.

It's a good thing that after you have learned the basics in trading, you have to indulge in real trading with a minimal amount of capital. Experience will help you further your knowledge and develop your own strategies that will definitely work on you. Having a positive mindset and a long stretch of patience are very important also so you will last longer in trading. Just don't expect that trading itself is a rich quick scheme so you won't be disappointed. You may endure losses in your first attempts but as you keep on trading while learning, you'll eventually learn your own strategies on how to be profitable.

But unfortunately, that is not the same as their reality because a new person in trading can become rush while they read many news on social media that suggest them to buy a coin. If they can hold on to that and not trying to buy a coin without analyzing, they will not make a mistake and will still run with their plan. It needs more attention from them and needs more experience to stay calm and have a positive mindset reaching their goals. If they can enjoy the process and still learning, I am sure that will be a matter of time for them to become a pro trader.

[carrigan]

Before you enter into trading you must really understand the basics of trading. Second, learn to control emotions well, because trading will drain your patience. After you have gone through these two things, start trading with a small capital first so that when you experience a loss you will not lose a lot of money. In addition, if you have started small trading, you can also learn to analyze the market and make strategies for dealing with the market.When mistakes and losses occur, you can also learn from these mistakes to be better at the next trade.

[XCANA]

What is the best strategy to prepare oneself before entering the trading market?

One will need nothing a good knowledge of what trading crypto currency is all about and to be a successful one. Some of my colleagues here must have one or two factor that are necessary for you to become a successful and trader which I believe all centered technical analysis and fundamental analysis of the market. If one should asked where can one learn the technical analysis then I will suggest babypips.com will help you to know more about chat, candle stick formation, when to place market and when sell out at profit.

[LUCKMCFLY]

Currently there are many ways to enter the market, in fact it is very fashionable to enter the coins that are in whitelist mode to enter the presales, especially for the NFTs, and once if you can enter the presale when the sale goes out public, you can earn a lot by selling, the only problem is getting into projects that are legitimate and apart from whether or not you are lucky enough to enter the presale.

This is the easiest way I have found outside of the traditional way of trading. Of course, if you want to enter a safer market, it is better to follow the currencies that can give a good return, such as BTC, ETH, and the first ones that are at the top of CMC.

[Peanutswar]

There's no really best strategy when entering the market of trading all you need is depends on your knowledge, experience and understanding of how it works. This is the reason why we need to have a full potential to make it into a trading market, knowledge gives a lot of things we can use in another set of trades. Too hard to give advice to people regarding their different and own strategies because it might not apply to yourself. Base on my experience in trading i just use only one to two trading indicators to give signals, and a limited amount into cross trades. Regarding the con I highly recommend the bitcoin and eth those top coins of course there are different coins but before include on it DYOR.

[hodlvalley]

The first step of entering any type of market is always to educate yourself. Make sure you understand the risks involved, the basics and fundamentals of the asset class, how to interact with assets etc. Without this key information you will be fighting a battle not in your favour.

[sana54210]

There's no really best strategy when entering the market of trading all you need is depends on your knowledge, experience and understanding of how it works. This is the reason why we need to have a full potential to make it into a trading market, knowledge gives a lot of things we can use in another set of trades. Too hard to give advice to people regarding their different and own strategies because it might not apply to yourself. Base on my experience in trading i just use only one to two trading indicators to give signals, and a limited amount into cross trades. Regarding the con I highly recommend the bitcoin and eth those top coins of course there are different coins but before include on it DYOR.

Patience not only beforehand but afterwards as well. I have always said the same thing, study it on your free time for 6 months, learn about it on youtube, on reading, on course and many other things for 6 months and take notes to a clean notebook, fill it with all the information you need, from charts to candles to every single detail, every word that is brand new to you or just trading related, and after that 6 months start trading with demo account somewhere, not real money but the real market, so when bitcoin goes up in real life then it goes up in the demo as well, trade there for another 6 months and you will be ready for your real life trading.

This is just for one full year and you haven't even traded a single coin, you can buy bitcoin and ethereum and put them aside for a whole year during this time if you want, not trade them but just invested because they may go up, they almost always do.

Afterwards start with small amounts, trade and when you profit get out, when you see them go down just DCA and wait long enough so that you do not end up selling for a loss, keep doing this for years and one day you will realize that you are great at trading.

[otundebis]

Cryptocurrency market is unpredictable and filled with surprises, what you need to do before you start trading is to understand your trading objectives,  what do you want to achieve and how long,  in your estimation based on your skills and experience do you think it will take you to achieve your goals! You then need to break down your trading according to your plan!

[PhucS]

What is the best strategy to prepare oneself before entering the trading market?

This market has a lot of risks but it can also be very profitable for you. Before joining, I think you should take some time to learn and understand the knowledge related to crypto, charts, factors that affect value. Do not listen to any group of signals, you should only refer to that information. Because you are a newbie, you should start with a small capital to familiarize with the market. You can increase the capital after you have experience

[Wawa2013]

What is the best strategy to prepare oneself before entering the trading market?

This market has a lot of risks but it can also be very profitable for you. Before joining, I think you should take some time to learn and understand the knowledge related to crypto, charts, factors that affect value. Do not listen to any group of signals, you should only refer to that information. Because you are a newbie, you should start with a small capital to familiarize with the market. You can increase the capital after you have experience

Knowledge is an important thing to have before deciding on crypto trading, if we don't understand how the crypto world works. It only causes us
to lose money if we directly trade crypto, just learn all things related to cryptocurrencies. After that, we can choose a trusted trading place and
choose a top crypto for trading, then for beginners it is better to start with small capital first. So that if we experience a loss it can be considered
as learning money, because the first time trading, we must make some mistakes first. Then slowly we will learn to correct the mistakes we make,
after that usually we will find a very effective strategy.

[sulendra12]

What is the best strategy to prepare oneself before entering the trading market?

Research everything on coins that you want to invest, prepare for any outcome you will face on the market and so on.
There is so much stuff to prepare before entering the trading market. Different user have their own way to prepare stuff to trade. See which one works best for you in this forum and try it yourself before sticking it and use it for your own strategy later, people succeed with their strategy doesn't mean you can follow that easily.

[arbifahrozy]

For newbie this discussion is quite favorable, because he have to learn all the trading strategies before entering the market, the market is volatile now a days, some traders need daily strategies for the day trading, while some other people needs to know about the long term plans, they have long term plans for the trading which they need to fulfil as well.

[rahmatullah9305]

If you are a beginner, use $50 as your first trade. Then trade with the Spot strategy, you have to patiently wait. if you make a profit of the main amount $50 you are allowed to open a sale, this is your first trade so you should enjoy to avoid losses. The spot strategy is suitable for beginners, and I used this when I was new to crypto trading.

[Alisha FR]

Strategy is born when you deepen your knowledge of the market, you have to practice your own skills. When you start trading, it's best to use small amounts of money. There is no fixed strategy for trading, you must have trading experience so that you can apply the strategy according to your trading style.

[DarkDays]

What is the best strategy to prepare oneself before entering the trading market?

Confidence + Skills = Together it Kills.

That's to say, if you're confident and have some skills you can make it. It is a matter of time, learning and dedication.

Nobody starts perfect but this is why practicing, keeping a detailed record and reiterations are for. As long as you're prepared to put the effort in, you should feel ready. Some people learn only juts by doing so start small and scale with time, confidence and a good skill base. Don't be reckless and watch, analyse the markets, then have patience. That's about all there is to it!

[teosanru]

What is the best strategy to prepare oneself before entering the trading market?

Prepare yourself with basics of risk management, very few people realise this but it's the most important skillset that one could have, risk management ensures that you are never going out of the market due to capital crunch, it will ensure you survive in the market until your learn trading and start earning money, if you don't learn money management and just learn technical analysis, you won't really be very profitable and chances are you'll be out of this market in matter of months.

[yhiaali3]

First of all, you have to know the main rules of the market:
Only risk money you can afford to lose.
Do not trade with all the capital, but try to divide it into at least three parts
The market is green = time to sell
The market is red = time to buy
Patience: You have to learn patience and stay away from greed and fear

[Hamphser]

What is the best strategy to prepare oneself before entering the trading market?

Know the risk and be prepared when it comes into your emotion because volatility is something which you would really needed to strengthen up your  emotional aspect and self will when it comes on making out decisions

You shouldnt really make yourself believe that you could make out easy profits on this market because thats not how the market works.Dont anticipate that this would really go to easy.

Proper risk management and good emotion handling is the key but these things wont really be attained unless you do actually had experienced it.

[Smartvirus]

What is the best strategy to prepare oneself before entering the trading market?

When it comes to trading, no method is best. You've got to come up with your own strategy as what is more suitable for A is likely to be the worst strategy for B. Should 9ne strategy be enough, people would monopolies it and no own would be profiting on trades. So, its really up to you on what works more than the other. Trading is a highly professional field so, you've jot yo give it time and work out a personal strategy to trade the market with. Do that with the demo simulators and when your sure, you could try a real account.

[Issa56]

Before you start trading you should understand what cryptocurrency is all about and how it work's then you should know the best strategy that will work for you learn about fundamental analysis, know when to enter the market and when to leave the market and then always invest what you can afford to lose and always start trading with little amount as a beginner.

[samcrypto]

Before you start trading you should understand what cryptocurrency is all about and how it work's then you should know the best strategy that will work for you learn about fundamental analysis, know when to enter the market and when to leave the market and then always invest what you can afford to lose and always start trading with little amount as a beginner.

This is a good start because many are just buying without even knowing what is cryptocurrency and its purpose, that’s why many are easily get panic and lose their money. If you’re newbie that plans to trade, start by knowing the concept and how it works. We analyze based on technical and fundamental, know these two and you can easily understand the next step which is to know the indicators that can help you on your trading. This will be a long journey and not an easy one for you, if you really want to learn trading start sacrificing your time now.

[breathlessz]

Before you start trading you should understand what cryptocurrency is all about and how it work's then you should know the best strategy that will work for you learn about fundamental analysis, know when to enter the market and when to leave the market and then always invest what you can afford to lose and always start trading with little amount as a beginner.

This is a good start because many are just buying without even knowing what is cryptocurrency and its purpose, that’s why many are easily get panic and lose their money. If you’re newbie that plans to trade, start by knowing the concept and how it works. We analyze based on technical and fundamental, know these two and you can easily understand the next step which is to know the indicators that can help you on your trading. This will be a long journey and not an easy one for you, if you really want to learn trading start sacrificing your time now.

but we also have to know how to use the indicator, because as far as I know not every signal from the indicator can work well. so we have to be able to take that risk. Of course, sometimes we will make a profit, but sometimes we have to suffer losses, and I think that is a normal thing

[worle1bm]

You can try to setup demo trading account and trade in real based system that takes all the market predictions and give you some basic experience that how the trade will go on.Then do all the market research and use amount you are willing to loose and then bear them, never be emotional and risk high amounts.Rest you will learn a lot with your journey in the market with experience.Learn a lot and make some strategies and have sound portfolio that will give your profits also.

[Natalim]

You can try to setup demo trading account and trade in real based system that takes all the market predictions and give you some basic experience that how the trade will go on.Then do all the market research and use amount you are willing to loose and then bear them, never be emotional and risk high amounts.Rest you will learn a lot with your journey in the market with experience.Learn a lot and make some strategies and have sound portfolio that will give your profits also.

Keep yourself knowledgeable and updated not just with the basics but definitely more on the strategies and techniques that will make your trading profitable. Its a good idea that you try first with a demo trading account so that you will be aware on the usual scenario in trading and eventually learn how to end up successfully. Although its quite different when you're in real trading, but experience will definitely teach you how to trade with minimal losses. And start trading even with a small amount since you are more prone to losses at first. Eventually, you will develop your own skills and strategies in trading from your various experiences that will help you develop as a good trader.

[awik p]

You can try to setup demo trading account and trade in real based system that takes all the market predictions and give you some basic experience that how the trade will go on.Then do all the market research and use amount you are willing to loose and then bear them, never be emotional and risk high amounts.Rest you will learn a lot with your journey in the market with experience.Learn a lot and make some strategies and have sound portfolio that will give your profits also.

Keep yourself knowledgeable and updated not just with the basics but definitely more on the strategies and techniques that will make your trading profitable. Its a good idea that you try first with a demo trading account so that you will be aware on the usual scenario in trading and eventually learn how to end up successfully. Although its quite different when you're in real trading, but experience will definitely teach you how to trade with minimal losses. And start trading even with a small amount since you are more prone to losses at first. Eventually, you will develop your own skills and strategies in trading from your various experiences that will help you develop as a good trader.

For beginners, demo trading is very helpful to learn the trading strategy to be followed. but by doing a demo, trading psychology usually doesn't work, so after that we have to start using a little capital to train our psychology in trading, until finally we will find the right strategy for ourselves and trading will feel more comfortable to enjoy

[noormcs5]

What is the best strategy to prepare oneself before entering the trading market?

Research everything on coins that you want to invest, prepare for any outcome you will face on the market and so on.
There is so much stuff to prepare before entering the trading market. Different user have their own way to prepare stuff to trade. See which one works best for you in this forum and try it yourself before sticking it and use it for your own strategy later, people succeed with their strategy doesn't mean you can follow that easily.

In short making a portfolio is important in trading. You should have top 10 coins, high risk coins , low volume coins and few meme coins too in your portfolio. Making a diversify portfolio will help that you gain maximum profits and do not miss out on gains.

[Cling18]

Well, trading is a long process of learning, and entering it with capital wouldn't be enough and might only lead you to losses. The best thing for you to do is to learn and study at least about the basics of trading. You could find lots of resources online nowadays. It's better if you would have complete knowledge about what you will do. Try to cope up with the changes and deal with the study of market analysis.

[wxa7115]

What is the best strategy to prepare oneself before entering the trading market?

You don't need strategy, all you need is enough funds to sustain on trading in order to manage your asset sustainably. Skills should be developed in order for us to cope up with different challenges, but that's normal for first timers to panic and worst is they lost a huge amount of money. Seek guidance from friends and peers who could mentor you for a good advice which eventually teach you different ways to deal with trading successfully.

Everyone needs a plan when they are in the market of cryptocurrencies, if you do not have one then you are going to find yourself on situations you could not foresee and just when you need it the most you will get something called paralysis by analysis.

This happens when people receive too much information at the same time and instead of taking a decision they keep delaying taking the decision so they can gather even more information, however if you have a plan you can take decisions in a split of a second and that is critical when it comes to the markets.

[bitgolden]

Everyone needs a plan when they are in the market of cryptocurrencies, if you do not have one then you are going to find yourself on situations you could not foresee and just when you need it the most you will get something called paralysis by analysis.

This happens when people receive too much information at the same time and instead of taking a decision they keep delaying taking the decision so they can gather even more information, however if you have a plan you can take decisions in a split of a second and that is critical when it comes to the markets.

Planning when to buy, at what price, and when to sell, at what price is the first step to becoming a good trader. You need to know when it drops to X price it means this and that is when you should buy and afterwards when it goes up to Y then it means this and you should sell and all of that even before you trade a single satoshi worth. In order to do something like that, you also need to know about trading and study it a lot because that is how you learn what prices are good, it is not just gut feeling, it should mean something.

Resistance and support levels are very important in this case, if you could buy right at the support level then it could bounce back from there, if it goes down even more and break under support then you can buy at the next support, and same goes for selling at the resistance level as well piece by piece instead of all at once.

[imstillthebest]

best strategy could be learning on how trading works so that you will know what to expect , what are things that needs to be done.
 practice or warming up is also good for preparation before the real session begins  
. it prevents you from getting shocked  , thats good because when your calm you can think and act properly . all these are only a basic strategy but creating a real strategy will come once you already entered the trading arena  .

[Botnake]

best strategy could be learning on how trading works so that you will know what to expect , what are things that needs to be done.
 practice or warming up is also good for preparation before the real session begins 
. it prevents you from getting shocked  , thats good because when your calm you can think and act properly . all these are only a basic strategy but creating a real strategy will come once you already entered the trading arena  .

For me, it will be a good start if you set your positive mindset first before taking into the preparations upon entering the market. Crypto trading is never that easy and you'll be able to take risk more often so at least, your mindset is already prepared. After that, maximize your day through deep researches and even watching some trading videos and learn first hand strategies from a reliable trading platform. The rest will only be learn once your into the real scenario in trading. Its kinda tough in the start but you'll definitely overcome it after few months from learning experiences.

[LUCKMCFLY]

What is the best strategy to prepare oneself before entering the trading market?

You don't need strategy, all you need is enough funds to sustain on trading in order to manage your asset sustainably. Skills should be developed in order for us to cope up with different challenges, but that's normal for first timers to panic and worst is they lost a huge amount of money. Seek guidance from friends and peers who could mentor you for a good advice which eventually teach you different ways to deal with trading successfully.

Everyone needs a plan when they are in the market of cryptocurrencies, if you do not have one then you are going to find yourself on situations you could not foresee and just when you need it the most you will get something called paralysis by analysis.

This happens when people receive too much information at the same time and instead of taking a decision they keep delaying taking the decision so they can gather even more information, however if you have a plan you can take decisions in a split of a second and that is critical when it comes to the markets.

For me the best strategy takes a long time, although depending on the desire and interest of the person is what determines the time, in my case I rely on reading books, and the books I recommend are those by Jesse Livermore, Richard Wyckoff, Malkiel Burton, Warren Buffet, to get an idea of how to analyze the market from the point of view of experience of market speculators in the Stock Market whose teachings are fully applicable to the Crypto market.

For me, this is the best option, and after having read a couple of books by these authors and learning the way they saw the market, learn how the crypto market works, that is, the dependence of altcoins on BTC and to learn to use the tools that the Exchange has to choose very well, for me, that is the correct way to later learn technical analysis, with both analyzes plus the correct use of the Exchange can guarantee greater success.

[nurilham]

the main thing is to make sure our knowledge is enough to start trading, after that we can start with a small capital first. observe every movement made and if you experience failure or difficulty then it can be studied so that it can improve in the future. We also shouldn't be afraid to start trading, don't expect too much profit at the beginning because it's like we are still in the crawling stage, learn well every detail in trading so that in the future it can be even better.

[BruceLee98]

Before entering the market ensure you have done your own research and you have fully gotten important informations needed to help you do your analysis. You have to be well disciplined to make you succeed in the market and remember being patient enough always pays out. Never you try to go against the trend. Do not invest what you cannot afford to lose. Play safe

[Viscore]

Before entering the market ensure you have done your own research and you have fully gotten important informations needed to help you do your analysis. You have to be well disciplined to make you succeed in the market and remember being patient enough always pays out. Never you try to go against the trend. Do not invest what you cannot afford to lose. Play safe

In addition to that, it is also a must that first and foremost, you should prepare yourself to take the risk. Crypto trading is certainly more risky than simply holding so you should develop first trust and confidence so you'll be ready to take the risk. Crypto trading needs more patience and persistency because not all the time things will work out in favor of you. There will always be a market crash every time that is definitely inevitable so you have to deal it more on a positive way. If you think you already developed this, then you can start building your experience.

[Vaculin]

the main thing is to make sure our knowledge is enough to start trading, after that we can start with a small capital first. observe every movement made and if you experience failure or difficulty then it can be studied so that it can improve in the future. We also shouldn't be afraid to start trading, don't expect too much profit at the beginning because it's like we are still in the crawling stage, learn well every detail in trading so that in the future it can be even better.

We can learn more when we are in trading and having the basic knowledge upon entering is somewhat good enough as we can do some adjustment and strategies improvement once we fully engage in trading. A sort of modification will something works and helps to achieve our goal. But of course, it won't be made instantly that is why it is very important to have ample patience in dealing with this as it never works so easily.

[chaser15]

What is the best strategy to prepare oneself before entering the trading market?

Read the basics > Read how to profits > Read the risk

Focus on the risks as that will be your challenge and problem when you enter trading. You won't understand it right away because you need to actually experienced it. Not discouraging you but in newbies days of a trader, mostly lose their money. Without it, they will never learn. That's what you need to take care of. Other lessons can be learned while doing trades regularly.

[TelolettOm]

Hi OP, I see that you have made this post, and you also made another post related to trading.
I suggest you read the suggestions given by the members here, there are many.
The most important thing is that you must learn at first, learning about crypto, the coins that are going to trade, and also other analysis for trading. It is complicated and not easy, that is why you must learn hard for this, then continuing learning by doing after having basic knowledge

[Kimonoe]

Hi OP, I see that you have made this post, and you also made another post related to trading.
I suggest you read the suggestions given by the members here, there are many.
The most important thing is that you must learn at first, learning about crypto, the coins that are going to trade, and also other analysis for trading. It is complicated and not easy, that is why you must learn hard for this, then continuing learning by doing after having basic knowledge

In addition to studying analysis, of course, we must also learn to be disciplined in that analysis. sometimes people find it difficult to accept floating plus, so they are in a hurry to get out of the market, on the other hand, many people are actually resistant when they see a floating minus, with big hopes that the market will rise again

[Finestream]

What is the best strategy to prepare oneself before entering the trading market?

Read the basics > Read how to profits > Read the risk

Focus on the risks as that will be your challenge and problem when you enter trading. You won't understand it right away because you need to actually experienced it. Not discouraging you but in newbies days of a trader, mostly lose their money. Without it, they will never learn. That's what you need to take care of. Other lessons can be learned while doing trades regularly.

Trading will always have its own high risk and you should know how to deal with it. Because if you come into trading without knowing how risky it is, then you will only make frequent losses that is not really good for you, even with anyone else. I suggest that after learning all the basics in trading, start with a demo account first so you will know the reasons why you mostly fail and did not make any profits. In that case, you should start developing your own strategy that will give you an edge. And once you're done with it, then start real trading even with just a small amount of capital at first.

[fullhdpixel]

Your emotions plays big when doing the trade, without good control and discipline you will be moved by the wind inside the market.

Never to act this way, the market is not favorable to traders who don't stand with their decisions, work more harder in reading the flow and make sure to decide only if you are really sure that you completed your study and research. In that way you are saving your investment and you are lowering the risk of your trade.

I guess that picking a lane and going there no matter what is usually something that works great in trading. Of course there are methods which are flexible, just because I said "pick a lane" doesn't mean buy and hold forever or something, it changes from method to method but there are many ones that "if x happens then do y but if z happens then do q" type of situations but at least you know what you have to do. Not knowing what to do and making a decision at that moment is the real killer for traders.

If you do that then you are going to end up with losing so much more money than otherwise, even if your method is wrong that usually means you could recover, but if you act without knowing what you are doing then you are going to lose a ton of money.

[Japinat]

Your emotions plays big when doing the trade, without good control and discipline you will be moved by the wind inside the market.

Never to act this way, the market is not favorable to traders who don't stand with their decisions, work more harder in reading the flow and make sure to decide only if you are really sure that you completed your study and research. In that way you are saving your investment and you are lowering the risk of your trade.

I guess that picking a lane and going there no matter what is usually something that works great in trading. Of course there are methods which are flexible, just because I said "pick a lane" doesn't mean buy and hold forever or something, it changes from method to method but there are many ones that "if x happens then do y but if z happens then do q" type of situations but at least you know what you have to do. Not knowing what to do and making a decision at that moment is the real killer for traders.

There should have an entry plan and exit plan. Once plan A fails, we'll do plan B, otherwise, we have to exit to avoid more losses. And those traders who quite know their plan and executed well, I believe they will succeed, it just to happens that we need to be patient as not all the time the market seems favorable to us (always). If we can't play such a thing, we probably know what will happen to us which I think we should not let happens as our goal is to earn money, not to lose.

[isaac_clarke22]

~

From the bullish market right now, I cannot call that many traders would even call patience in their end. Maybe some experienced ones, but not for all.
Many would kind of be selling right now tbh. 55k rise of Bitcoin is something.

[add1ct3dd]

What is the best strategy to prepare oneself before entering the trading market?

You do not need any strategy if you choose long term holding or investing kind of option in bitcoin markets.

You may need some strategy only if you plan for active trading or day trading. But, you must consider that 95% of active traders are losing money and at the same time, long term holders are easily making 10x profits on every 4 years of holding.

So, if you have plans to start day trading with any of strategy, then you must consider about holding for years for at least 50% of your capital.

[redsun114]

You may need some strategy only if you plan for active trading or day trading. But, you must consider that 95% of active traders are losing money and at the same time, long term holders are easily making 10x profits on every 4 years of holding.

What you are saying is most common suggestion in this forum but still many people are looking for only active trading rather than going by simply easy way of moneymaking. I guess most people are looking for exiting way of moneymaking rather than the lazy way of moneymaking.

But, personally I will prefer long-term holding because I always looking for a sure shot way of profit making rather than risking in something which is profitable only for less than 10% of people.

[milewilda]

~

From the bullish market right now, I cannot call that many traders would even call patience in their end. Maybe some experienced ones, but not for all.
Many would kind of be selling right now tbh. 55k rise of Bitcoin is something.

The price had risen up to 57k which i hadnt anticipated because im expecting for some pullbacks when it did hit 55k and it isnt really bad to make otu some short sell and secure profits as of this moment.
Entering the trading market isnt really just something that you could just be confident because you would just simply lost money if you havent done your thing.
Precision is something always been unknown due to this unpredictable market.You would really be seeing that kind of confusion.

[Xampeuu]

You may need some strategy only if you plan for active trading or day trading. But, you must consider that 95% of active traders are losing money and at the same time, long term holders are easily making 10x profits on every 4 years of holding.

What you are saying is most common suggestion in this forum but still many people are looking for only active trading rather than going by simply easy way of moneymaking. I guess most people are looking for exiting way of moneymaking rather than the lazy way of moneymaking.

But, personally I will prefer long-term holding because I always looking for a sure shot way of profit making rather than risking in something which is profitable only for less than 10% of people.

for long-term trading there is less risk and if the market pumps and takes it at the right time, you will get big profits. therefore we must know our trading style so that it is easy to carry out the strategy according to our personal wishes and comfort

[darewaller]

for long-term trading there is less risk and if the market pumps and takes it at the right time, you will get big profits. therefore we must know our trading style so that it is easy to carry out the strategy according to our personal wishes and comfort

I am sure in this crypto space, most people are into long term trading and also enjoying big profits over the time.
Most beginner in trading space, looks for active trading so that they do assume to make quick and massive profits whereas long term holders may make big profits only after years of holding but ending up losing all the capital. So, rather than listening to personal wishes and comfort, I guess listening to experts and pro traders may help.

Precision is something always been unknown due to this unpredictable market.You would really be seeing that kind of confusion.

When we cannot deal against accuracy then we must need to adopt a strategy which is suitable for our skills. I mean if you analytical approach is not helping you to remain precise then you must need to go for long term holding as it does not demand you to be precise.

[beerlover]

The price had risen up to 57k which i hadnt anticipated because im expecting for some pullbacks when it did hit 55k and it isnt really bad to make otu some short sell and secure profits as of this moment.
Entering the trading market isnt really just something that you could just be confident because you would just simply lost money if you havent done your thing.
Precision is something always been unknown due to this unpredictable market.You would really be seeing that kind of confusion.

I did expect an earlier one, even before 55k. It increased way too much, more than what I expected. I expected it to be around 50k or so and then drop a little bit, not that it won't continue to go up, I was just expecting a little correction before it moved on, it could have reached 57k as it did now, but somewhere in middle like at 50k it would drop to 47k and then went to 57k like that.

Apparently it wasn't something like that and it moved directly higher, I am quite happy about what we have right now and I can't think of any other dream scenario that could have been true. Lets hope that we get to see it break ATH and reach even higher places, that would be even better. I believe enter in right now could be very wild, maybe bad or maybe good but definitely something entertaining and thrilling.

[Zanab247]

You must be bold to face risk whenever trading in the market, to enable you to make a reliable profits from the market. Don't be in hurry to sell your coins whenever others traders are rushing to sell their coins without carry out their personal research about that particular price.
Knowledge of Crypto trading is very important to newbies to achieve before entering Crypto trading in the community, for he to stay longer in profit making. Through the Crypto trading knowledge, there are some things you will not involve yourself if you want to maintain to be part of successful traders in the market.
Try to be humble to your facilitators, when entering trading because it will help you to know some strategies you have never see before in trading. With your humble attitude it will make your facilitators to show you all the strategy successful traders used to be successful in the trading system.

[Cornia]

What is the best strategy to prepare oneself before entering the trading market?

I think this strategy is different for each person. The most common thing is that don't be frustrated easily.  Profit or loss in trading can be anything. But if you get frustrated easily, you will make more and more mistakes. In many cases long waits may be required to make a profit. In these cases you have to be patient.

[jossiel]

I think this strategy is different for each person. The most common thing is that don't be frustrated easily.  Profit or loss in trading can be anything. But if you get frustrated easily, you will make more and more mistakes. In many cases long waits may be required to make a profit. In these cases you have to be patient.

It is a mental state.

But you can't just tell it to someone that don't be frustrated easily because we all have our emotions and it can trigger easily based from our thoughts.

If you're losing the first time, that's tolerable but the 2nd, 3rd and so on. You will really become frustrated about it.

[Tessnik]

What is the best strategy to prepare oneself before entering the trading market?

The first thing is to have good analytical skills and developing trading skills this is the two important keys to trading if you can be able to analyze the market properly it will help build your knowledge on the direction that the market will go and when to buy a token and when to place a sell order. And also having working trading skills will help build your confidence and ability to choose the right pair to start trading with.

[Cryptoababe]

What is the best strategy to prepare oneself before entering the trading market?

The best thing to note before to prepare your self before entering the trading market is to make your self understand that you are about to risk some of your money and you are not gonna put in high risk and not gonna risk the amount than can affect you.

[Hobo66]

Before entering the trading market the person should have to know about the timing, kind of trading, planing and other things which are necessary to get profit. They should have to take start by using tiny sum of money. Because the are new in trading so it is hard to get profit without knowing anything. You should choose your way of buying and selling by keep your emotions away.

[Alisha-k]

Every man for himself, my strategy may not favour you and yours to may not favour me. If you're going to go into trading, you should discover the best strategy for yourself, only you knows best how easy it is for you to adapt to changes.

But you should be able to have acquired enough knowledge before you're able to start trading probably.

[LastKiss]

What is the best strategy to prepare oneself before entering the trading market?

Education is one the best to guide you before entering the trading market, if you have a friend who has experience enough to teach you or to guide you before entering the trading market will be great. Also prepare some money that you can afford to lose before starting trading it will help you to prevent any emotion burst 

[fullhdpixel]

Education is one the best to guide you before entering the trading market, if you have a friend who has experience enough to teach you or to guide you before entering the trading market will be great. Also prepare some money that you can afford to lose before starting trading it will help you to prevent any emotion burst  

Gaining knowledge from your friend must be a good idea but you need to be careful because what you could learn from your friend must be comparatively lesser knowledge than your friend's knowledge on crypto trading which is reason we must go for generalized resources rather than depending one or group of people.

Just educating yourself alone will not be sufficient for successful crypto trading. You must go for practical knowledge as well which is possible when you are entering into live market of bitcoin. So, you must need to arrange some capital for live trading experience which is more important for gaining knowledge on all aspects of crypto trading.

[blockman]

Education is one the best to guide you before entering the trading market, if you have a friend who has experience enough to teach you or to guide you before entering the trading market will be great. Also prepare some money that you can afford to lose before starting trading it will help you to prevent any emotion burst 

I think it's better to have that mentor of yours that you know personally. So the chance of fooling and shilling you is quite low and you have someone to go if you don't know what to do. They're likely more honest than those courses and teachers that you might find online. There's the integrity that's very important to know for those type of people because once they fool you, you'll never going back to them and you're already aware of what type of people they are when someone approaches them and asks for help.

[LUCKMCFLY]

Education is one the best to guide you before entering the trading market, if you have a friend who has experience enough to teach you or to guide you before entering the trading market will be great. Also prepare some money that you can afford to lose before starting trading it will help you to prevent any emotion burst 

I think it's better to have that mentor of yours that you know personally. So the chance of fooling and shilling you is quite low and you have someone to go if you don't know what to do. They're likely more honest than those courses and teachers that you might find online. There's the integrity that's very important to know for those type of people because once they fool you, you'll never going back to them and you're already aware of what type of people they are when someone approaches them and asks for help.

I think that in the same way if you educate yourself you will have a very difficult criterion that another comes and tells you lies or tries to sell you smoke, when there is a learning given thanks to books, it is a knowledge that will not be taken from you by anyone, keeping this in mind. The more you know, the brain itself will demand more knowledge and there is something very important in speculative markets and that is that the more you know that translates into making more money, and everyone wants to make money, so the best initial investment is knowledge. to be successful in trading.

[iv4n]

What is the best strategy to prepare oneself before entering the trading market?

Education is one the best to guide you before entering the trading market, if you have a friend who has experience enough to teach you or to guide you before entering the trading market will be great. Also prepare some money that you can afford to lose before starting trading it will help you to prevent any emotion burst 

Of course, it's easier if you have someone close you can learn from... that can save someone from making many mistakes! Also, I agree with the "money part", it's better to prepare some money and to try to practice right away, it's much better than "demo versions"... I think that learning by doing is the best option, people who enter in trading now should just be careful to not trade with some big amounts, don't do that before you are totally sure how to trade!

[Zanab247]

1) Remove fear: Fear is a something you must not use to enter trading no matter how small or big you are in the market. Fear cause people to make little profit from their investment.
2) Facilitator : Having a facilitator before going into trading in the market will be a favourable ideas to such trader because all you need to know about profit making in the market, facilitator are there to make you understand and to make sure you do not experience loss in your trading.
3) learn how to be patient: Patient is another thing you must learn before entering trading in the market. Those traders that in hurry to sell base on the price of a particular coin just increase not knowing that the price will still increase higher before selling. 

[lixer]

Facilitator : Having a facilitator before going into trading in the market will be a favourable ideas to such trader because all you need to know about profit making in the market, facilitator are there to make you understand and to make sure you do not experience loss in your trading.

I have not heard anything like this before. Do you refer mentors? I guess appointing a mentor or subscribing to such a services may not be affordable to all beginners which is the basic hurdle in this. But, you may get such a guidelines from your friend or colleague which must be enough for beginning days of crypto market trading.

I think that learning by doing is the best option, people who enter in trading now should just be careful to not trade with some big amounts, don't do that before you are totally sure how to trade!

Demo trading or live trading with small capital kind of practices are always famous as one of the best methods to enter in crypto trading but without learning the basics, this practicing will not help anyone for sure.

[pgbit]

Having the most important in trading is the knowledge about trading, which you need to know from even different websites and YouTube videos of top traders, and another most important to know is the way how a trader behave when the coin he bought is going to loss matters a lot, that's why it needs proper attention.

[sherenikaw]

The first is of course sufficient knowledge about trading, after that new practice and experience. sufficient knowledge about trading includes how we can understand and also analyze the market to be able to determine the right time to sell or buy coins. That's a very important thing so that we don't just make transactions without looking at the market. most of those who fail to trade one of them because of panic with the ups and downs of the crypto market. That's why as I said the importance of knowledge before trading.

[aquafinewater]

Risk is a component of crypto currencies, so investing only what you can afford in case of a loss is suitable, but if you know how the crypto work and what's news affect on market and most important need to know Technicall analysis then we can make money in crypto market

[Dewi Aries]

What is the best strategy to prepare oneself before entering the trading market?

Best strategy for me is what to do when market suddenly move and made us lose. In future then i set stop loss, in spot then i prepare my emotion to not get panic. Although in future is same, but future need us to move faster than usual to execute market before it get worse.

[barbara44]

What is the best strategy to prepare oneself before entering the trading market?

It is simply for you to learn, and nothing else. If you’re going to be a day trader, then you have to learn everything that trading is all about and get yourself prepared. Then the next thing for you to do is to raise funds for it, and have it at the back of your mind that any fund that you’re going to be investing in cryptocurrency should be funds that you are ready to risk in the market.

You should try to understand the risks that are involved and build your mind to be ready to take all these risk, because I’ve seen a lot of people who really freak out because of losing money in trading, and you won’t like to have such experience. So, it’s good that you know about it before you start trading, and as well prepare yourself.

[dimonstration]

Before we get in into trading we need to always open our mind with the possible loss because in trading we can earn or loss anytime of the day. We must gather some information from the market and from the people who are expert on the trading field to avoid lossing. However we can still expect loss because lossing is a part of the traders life specially when you are a newbie.

That is why there is a need to put stop loss so when tge market is not in a good track we can still secure at leadt not to lose alot in trading. We often disregard putting stip loss when we trade especially if our goal is for long term investment butvthere are instances that we can not control or monitor the market every now and then so better be ready and set amstop loss to just have a minimal loss when the market declines. There is always a time though to buy back when price seems going up again.

[JunkieMiner]

In a huge or private company one of the most mind boggling parts of corporate life is the technique of entering another market.
Regardless of whether it is an internationalization undertaking to venture into the unfamiliar market or an expansion project interface with an absolutely new market for the business make a top to bottom examination of the new market to permit the organization to effectively overcome it.

[tygeade]

Before we get in into trading we need to always open our mind with the possible loss because in trading we can earn or loss anytime of the day. We must gather some information from the market and from the people who are expert on the trading field to avoid lossing. However we can still expect loss because lossing is a part of the traders life specially when you are a newbie.

That is why there is a need to put stop loss so when tge market is not in a good track we can still secure at leadt not to lose alot in trading. We often disregard putting stip loss when we trade especially if our goal is for long term investment butvthere are instances that we can not control or monitor the market every now and then so better be ready and set amstop loss to just have a minimal loss when the market declines. There is always a time though to buy back when price seems going up again.

Stop loss is a key factor in every day traders work, but unfortunately there are newbies who do not realize this because they are new, even maybe not even know that it exists which is one of the biggest problems. However, if you are a long term investor like me then you do not need stop loss at all, you could literally just wait for it to recover and you will be fine.

I hope that the best case for all of us would be to reach to a level where we could end up with something similar to this level of patience because we already made enough profit. This is why I keep saying that if you invest any amount, and then do 2x, take out the profit you did and trade with that, and keep the rest in long term, you could even do 10% just to make sure you get good at it first. So, if your 100 dollars stay long enough and turn to 200, keep 180 long term and use 20 to trade. That could look like a small amount but just arrange it according to how much you have.

[Hobo66]

There are lots of things that one have to keep in heart and mind before starting the trading. You people know very well that to be successful you always have some previous experience and also some kind of abilities that can make you wealthier. So if you have to enter in this field then first gather understanding about trading then choose your portfolio after that select the amount which you want to put in trading.

[LastKiss]

There are lots of things that one have to keep in heart and mind before starting the trading. You people know very well that to be successful you always have some previous experience and also some kind of abilities that can make you wealthier. So if you have to enter in this field then first gather understanding about trading then choose your portfolio after that select the amount which you want to put in trading.

Experience is the expensive one here because you need time to get your experience, you need time to get your feelings to this trading market. But dont forget that you should learn the basics before starting to get some experience because if you learn the basics then the next one will be easier. Before we choose our portfolio always do some research about the coin/tokens to prevent any waste losses because our small mistake

[TheListener]

If you want to enter in trading market I recommend you not do any trades without any knowledge because without knowledge trading is risky so better is learn some most important thing about crypto market

[sarmrakib]

There are lots of things that one have to keep in heart and mind before starting the trading. You people know very well that to be successful you always have some previous experience and also some kind of abilities that can make you wealthier. So if you have to enter in this field then first gather understanding about trading then choose your portfolio after that select the amount which you want to put in trading.

Experience is the expensive one here because you need time to get your experience, you need time to get your feelings to this trading market. But dont forget that you should learn the basics before starting to get some experience because if you learn the basics then the next one will be easier. Before we choose our portfolio always do some research about the coin/tokens to prevent any waste losses because our small mistake

Experience helps here you to choose the right coin and also the time when you need to enter on the market .What a new trader do ? he just enter on the market fall into the trap hype at the end he/she make losses .Why actually they too it early .I all want to earn a huge amount and always wanna exit with profit but no one want to learn and research before enter on the market,which is the main key of success on trading .He who research all the side with the fundamental,technical and the latest news he/she will surely can enter with the right project and also can exit with his/her profit .So the main thing of trading, we have to learn first and if new start with the small fund gradually you will have the experience which helps you to earn always .

[Munir575]

To start trading you need to have basic knowledge about the trading, you need to study the market behaviour, price chat of various coins and be able to detect when the market is not doing well. You need to be prepared and expect anything when trading and most importantly you should develop a stop loss strategy to minimise loss.

[zulfi125]

Every work or start a business or enter in investment market you need to learn before investing in the trading market for learning you need to check out videos tutorial on YouTube and Artcieal about trading after learning you should trade in demo market some exchanges provide demo account after that you should start trading with a very small amount from $50 and after some months when you able to earn profit and understand the market then you can invest little more amount.

[xmonkeyx]

Of course, before entering the market trading requires knowledge, it is a very common thing and must be owned.
behind that we also have to prepare ourselves to be able to control emotions well in trading and also experience is very important maybe if we have never traded we can take positive experiences from friends who have traded first.
and for the strategy of course it depends on your desire whether you want to take profit as soon as possible with day trading or you are more patient with long term trading. I think both are the same.

[palle11]

You need to be prepared and expect anything when trading and most importantly you should develop a stop loss strategy to minimise loss.

Most traders and newbie may not be using the stop loss for there trading because they may be looking at the disadvantage of it but in real business plan for trading, you will be advised to set up a stop loss to every trade made and with that you already know the limit of the loss that you will encounter when price goes against your plan. Is always good to adopt the stop loss plan.

[Sihab76]

What is the best strategy to prepare oneself before entering the trading market?

You must have previous experience before entering cryptocurrency. If you want to trade in cryptocurrency, you must be moderate and patient. Never go for trading out of emotion.

[ranaprime]

In my opinion the best way is to acquire as much knowledge as possible. There is no end to the acquisition of knowledge, but the more you achieve, the better for you. This is a must have for a beginner. Even if it takes more time, there is no problem, so you should pay attention to these issues at the beginning of trading.

[Qikiye]

What is the best strategy to prepare oneself before entering the trading market?

You have to do a lot of preparatory work before entering the market.In particular, you need to have different ideas about trading. Moreover, you have to be patient, you have to be able to analyze the project . You must have the mentality of not trading emotionally.

[nhaila]

What is the best strategy to prepare oneself before entering the trading market?

One should adjust oneself as much as possible before entering cryptocurrency trading. One should gain knowledge from different mediums and then enter trading. You can't rush into the cryptocurrency market if you want to, it won't do you any good.