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Author Topic: Basic trading strategy for newbie to make a profit  (Read 605 times)
adaseb
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November 22, 2021, 02:47:35 AM
 #21

Trading is the most difficult job on the planet. Especially since you want it to be consistent and not lose money. If you really want to make some extra passive income you can try and do some lending.

If you got USD or Tether you can lend this on most exchanges and get around 10% per year. So if you got $1000 you will make $100, which is not bad. However this is risk free pretty much and Unlike trading where you can lose money.

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November 22, 2021, 05:15:17 AM
 #22

It needs time before you can make a profit every day and the key is learning how to analyze the market movements. Like today, if you can analyze and know that the market will go down for a while, you can use the chance to buy at a low price by waiting for a while.

Most telegram channel is about signal trading, which I am hard to recommend for you as we do not know how preferable their signal can give us profit.

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November 22, 2021, 06:12:39 AM
 #23

Basic trading strategy is simple as buy low and sell high. While trying this beginners should have the patience. Because, at the beginning we don't know to what extent the price of respective coin will fall down or rise up. There were more number of applications that help with trading practice. When I was into stocks I used to get suggestions from a friend of mine who has got good technical skills associated with stocks. I used to buy all the stocks that he buy and he used to notify when he's selling. Maybe finding one such person and making it an opportunity to learn at the beginning days is also good.

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November 22, 2021, 10:31:06 AM
 #24

It needs time before you can make a profit every day and the key is learning how to analyze the market movements. Like today, if you can analyze and know that the market will go down for a while, you can use the chance to buy at a low price by waiting for a while.

Most telegram channel is about signal trading, which I am hard to recommend for you as we do not know how preferable their signal can give us profit.
Yes, learning to analyze is the most important thing for sure when talking about trading,
trading is not something easy and not something difficult either so if we are serious about learning I'm sure little by little we will be able to make a profit,
apart from analyzing the market we also need to follow the latest news about crypto

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November 22, 2021, 11:51:23 AM
 #25

Best strategy is to know where to get in and out.
Simple way to doing so is to get in at low price and exit high price under long trade.
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November 22, 2021, 12:13:27 PM
 #26

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Treat both airdrops and bounties as “extras”. Just don’t rely too much on them as your main income source. It’s my mistake too back then and I learned my lesson the hard way despite being lucky for the 2017 glory days. Right now I am maintaining my job and side gigs to sustain myself apart from just joining airdrops and bounty programs.

For the trading part, there’s no such thing as a perfect strategy for newbies except learning to buy low, sell high and only invest and trade an amount that you can afford to lose.

You can find a lot of them on Google and Youtube. I also recommend Newscrypto, which is one of the best platforms for you to learn and educate yourself in trading and it’s free to join and access a lot of content, tools, etc.

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November 22, 2021, 10:25:34 PM
 #27

Learning to trade can be through the web, YouTube, or a trusted tele group. There are many good lessons there to learn about trading. but try to choose a channel that is trusted and helpful because there are also many channels that only harm especially paid channels that are deceptive. so my advice follow the free channel and slowly learn well. increase knowledge about trading not only with theory, but it takes practice and experience as well. so don't be afraid to start and find interesting experiences in it that can be learned in the future.

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November 22, 2021, 10:51:27 PM
 #28

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Actually new people only can participated in the social media bounty or airdrop.But the issue is the payment will be low compared to the signature payments.People should considered of trading for more money compared to social media.But only issue is you need to make an investments.Don't use any channel or signals.it will not help you.You better do of trading on your own.

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November 22, 2021, 11:15:36 PM
 #29

Due to social media bounty and airdrop getting less payment. I decided to make a trade.

But you need to consider that when trading you can lose money constantly and even get frustrated with the bad results every day. trade has many disadvantages

But I'm really confused how to start the trading so that I can make a profit daily.

before starting take away this idea of daily profit, this will prevent you from putting pressure on yourself and be careful with many youtube channels

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GreatArkansas
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November 23, 2021, 01:11:32 AM
 #30

(.....)
Actually new people only can participated in the social media bounty or airdrop.But the issue is the payment will be low compared to the signature payments.People should considered of trading for more money compared to social media.But only issue is you need to make an investments.Don't use any channel or signals.it will not help you.You better do of trading on your own.
There are still some bounty campaigns or airdrops that are still worthy. But you should research first or identify the project you are participating in so your hard work will not waste.
There is some airdrop that you can only use on their platform and they will airdrop some of their tokens in the future.

Speaking of trading, if you are a newbie, you should start from the bottom, no shortcuts. Learn the basics, core of trading and most important is the risk management, you should not forget to apply it to be able to become succesful trader.

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..BUY/ SELL CRYPTO..
adaseb
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November 23, 2021, 03:54:05 AM
 #31

Learning to trade can be through the web, YouTube, or a trusted tele group. There are many good lessons there to learn about trading. but try to choose a channel that is trusted and helpful because there are also many channels that only harm especially paid channels that are deceptive. so my advice follow the free channel and slowly learn well. increase knowledge about trading not only with theory, but it takes practice and experience as well. so don't be afraid to start and find interesting experiences in it that can be learned in the future.

I would avoid Youtube, you won't learn anything following any crypto youtube channels. Most of those are scams and they are trying to get newbies to buy low cap coins which the youtube authors already own and they are all pump and dumps. And most of the Discord or telegram groups which require a membership are also scams.

If someone is a professional trader, why waste your time selling a membership for $20/month having to deal with absolute newbies when you can just make the money yourself trading? Most of the ones which post live trading videos and signals they always hedge their trade in case it doesn't work out.

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MyLottoCoin(MYL)
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November 23, 2021, 04:13:51 AM
 #32

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊
The best you can do is to educate yourself and study any token you chose to go with. Get to know its value, risk management, future roadmap and how you can profit from it even if the price blunted. You may find MyLottoCoin is a good choice for you, because beside MYL Token price in the market, it has a unique reward program that guarantees gaining 10% of their DeFi Crypto lottery ticket sales quarterly if you have in your wallet 100 or more MYL tokens. So you are always gaining regardless of the market volatility.
BuNga_cute
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November 23, 2021, 04:39:19 AM
 #33

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Actually new people only can participated in the social media bounty or airdrop.But the issue is the payment will be low compared to the signature payments.People should considered of trading for more money compared to social media.But only issue is you need to make an investments.Don't use any channel or signals.it will not help you.You better do of trading on your own.

It is indeed the easiest to make money in the crypto world through bounty campaigns or airdrops, but right now the rewards are not that great.
So many people started looking for other alternatives, one of which was through trading. But making profit from trading is not easy, we must
have knowledge and experience. So for newbies, they have to be patient if they want to be a successful trader. Because they have to learn how
to analyze the market, in order to determine when is the best time to enter the market. And sometimes when we start trading, we often make
mistakes and make those mistakes as experience to fix them in the future. So it does take a long process to become a successful trader, if we want
instant results, don't trade. I suggest that newbies can take trading courses that are trusted, so learning to trade will be faster than learning on their own.
Because when we take courses we are usually accompanied by a mentor, that's what causes us to learn faster and can avoid making mistakes.

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lixer
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November 23, 2021, 06:32:52 AM
 #34

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
There are so many videos on YouTube that you can rely on to improve yourself as a newbie trader. Trading is not something that you would be able to master in a very short time, it requires patience and hard work and understanding. As time goes on you get to become highly skilled in it,all takes is just for you to have patience and keep working very hard and learning. As a trader,learning should become part of you,and you shouldn’t stop learning, it should become something that you’re always doing all the time to perfect yourself.

There are so many videos that you can get on YouTube and they’re going to be helpful, or you can even decide to read articles online. But don’t be too fast to leave other jobs that you are doing just because of trading, because you’re not sure how good this one is going to be, trading comes with a lot of risk, so don’t rush out quickly from other jobs you are doing.

traderethereum
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November 23, 2021, 06:56:36 AM
 #35

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊
Maybe you can follow the basic strategy of trading to buy low and sell high.
Whenever you see the price is down deeper, you can start buying but do not buy at once but buy it continuously so you have many low price ranges.
After that, when the price increases, you can sell one by one to many high prices and repeat the process so you will have a chance to make a profit.
I do not have or use the channel to learn to trade, but I search by myself about trading, such as analyzing the market, determining the low price, selling at the right time, etc.
Mpamaegbu
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November 23, 2021, 07:17:49 AM
 #36

You sounded like one who doesn't even have a trading experience yet, OP. I suggest you focus on learning first before earning. That way you will begin to understand the underlying factors in trading. YouTube has a lot of resourceful materials for crypto trading and most of the tutorials are inspiring too. Yeah, I know there are some assholes on YouTube too who know next to nothing and teaching trash. Just type into the YouTube search bar and you will be amazed at the lots of video tutorials you get there. Don't chase signal groups. Signal groups have their shortcomings as none can accurately predict where price is always headed. Most of these groups are even pump and dump and aren't good for someone starting up new. Besides, most of these signal groups are scam groups. Stay away from them. At least, now that you're just starting up.

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Vaculin
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November 23, 2021, 09:05:20 AM
 #37

You sounded like one who doesn't even have a trading experience yet, OP. I suggest you focus on learning first before earning. That way you will begin to understand the underlying factors in trading. YouTube has a lot of resourceful materials for crypto trading and most of the tutorials are inspiring too. Yeah, I know there are some assholes on YouTube too who know next to nothing and teaching trash. Just type into the YouTube search bar and you will be amazed at the lots of video tutorials you get there. Don't chase signal groups. Signal groups have their shortcomings as none can accurately predict where price is always headed. Most of these groups are even pump and dump and aren't good for someone starting up new. Besides, most of these signal groups are scam groups. Stay away from them. At least, now that you're just starting up.
You're right. Newbies should never rely to any signal groups as they tend to make more advantage on us rather than we are the one who will take advantage on them. It's always better to learn from your own research and deep analysis to understand more about trading, all its basics and its fundamentals. And there's a lot of useful resources we can find in the internet, just like watching demo videos in youtube and its alike. It's just a matter of managing your time and knowing your priorities if you really want to learn in crypto trading and build strategies on how to make profits.
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November 23, 2021, 10:29:17 AM
 #38

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊
Maybe you can follow the basic strategy of trading to buy low and sell high.
Whenever you see the price is down deeper, you can start buying but do not buy at once but buy it continuously so you have many low price ranges.
After that, when the price increases, you can sell one by one to many high prices and repeat the process so you will have a chance to make a profit.
I do not have or use the channel to learn to trade, but I search by myself about trading, such as analyzing the market, determining the low price, selling at the right time, etc.
Using basic trading strategies must also be based on knowledge and skills as well,
when we only buy coins whose price is going down without analyzing first I don't think it's the right decision,
it's better for newbies to learn more about everything that has to do with crypto

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November 23, 2021, 08:38:34 PM
 #39

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊
It is important for you to realize that if you begin trading right away you are going to lose your money, take your time, it is never a good idea to begin your trading journey with goals that are impossible to reach due to your goals being too high or because you want to reach them too quickly, take your time as it is the only way you are going to guarantee you can learn enough about the markets so you can obtain some profits with them.
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November 23, 2021, 09:12:53 PM
 #40

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊
Daily profit for a good day trader is possible but for a newbie like you, it will take time and better to trade for long first before you expect for everyday profit. Trading is not easy, you have to understand everything to succeed so better to start from the basic and be more patient as you are still on a learning phase. Youtube and books are my source of knowledge in trading, its worth it.
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