Millennial trading formula

[Tellek Garing]

Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

[palle11]

I don't think anything has changed for now about the trading itself taking about making analysis, entering the market and exit, indicators are still guide to traders and investors are still making money. Newbies need to understand that trading and making profit requires patience. Don't jump into every thing that looks like opportunity but analyse very well before the click.

[AicecreaME]

Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

I'm confused on the formula thing you were saying OP. Exchanges may have been upgraded some features on their platforms but the approach on Trading didn't change. My guess is that you need to study more because it might help you to gain more knowledge that might be the key to your answers, to gain profit again, to start trading like you used to. Sometimes old knowledge about trading is outdated, so don't be afraid to grow more rooms for your Trading experience.

[aquafinewater]

Whales is almost playing games in market like big dump big pump this is the reason of whales in this situation they make good money and almost all whales buy in dip when other people are fear then  they make  buying and make unbelievable profit

[hyudien]

So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

This can be classified into several parts, during the pandemic, many beginners entered crypto trading for economic reasons and incentives that forced them to be able to interact with more vital things and in terms of money management also revolved around the internet. In this case mostly after the economic recovery, crypto trading started to make a lot of changes both ups and downs and stagnant and showed no movement. As a result, novice traders will not get used to this kind of situation. So when they decide to exit the market because they are oversaturated it signifies that they came only to save finances, not to contribute to the overall cryptocurrency trading.

[Jawhead999]

Is there such gen x trading formula, gen y trading formula, gen z trading formula and so on? I don't think so. Scalping and trend from charts aren't accurate for your trading, some moment it may correct but in some moment too it's wrong.

Even you've mastered trading courses, you wouldn't always earn profit everyday... daily trading is very difficult and watching the price everyday isn't good. It could effect your health and your daily activities.

[pawanjain]

Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

You are partially right. What worked back in 2017 might not work now and that's simply because the market has matured and new players have entered the market.
Since many new players have started trading based on charts technical analysis is getting more predictable.
Not that we can easily make out the next move but TA is helping us to get a probability of the next move.
I think as more players enter the market in future TA will become more predictable just like the stocks.

[michellee]

This year will be difficult to analyze since the market can go up and down many times without getting many signs for the coins. But I am still sure that if we can search for the other sign, we can still analyze even if that can not be accurate. We do not have to give up if we are making a mistake in the analysis because we need to keep learning about the analysis and I am sure that we can still get the chance to make a profit. The key is not to stop analyzing the market if we still want to profit.

[SquallLeonhart]

the formula that worked back then in 2018 is no longer accurate at this moment

Could you please enlighten me about the formula/ strategy you are talking about. I am sure only minor part of strategies need enhancement over the time and the basics are always same and you could definitely stick with them even after 100 years from here.

2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.

You sound like you are living in an imaginary world. The upgrades and the advancement with respect to exchanges and trading features got nothing to do with your trading formula. Your technical analysis will be always valid but it might be needing smaller enhancement with respect to new level of market fluctuations. Go study and recollect your old strategies and then paper trade before getting into live market. I guess you will be all fine with your old strategies itself.

[blatchcorn]

I don't think anything has changed for now about the trading itself taking about making analysis, entering the market and exit, indicators are still guide to traders and investors are still making money. Newbies need to understand that trading and making profit requires patience. Don't jump into every thing that looks like opportunity but analyse very well before the click.

Crypto trading is not as easy as it looks, even experienced traders find it difficult to handle the wild fire of crypto at times. If you are new to crypto trading then never jump with huge capital. First try to learn it by investing small capital or preferably doing paper trading. Success here is combination of patience along with knowledge.

[Husires]

Not changes, but an update of concepts:

• In the past, you had to withdraw your money in the form of cash to be able to stable bitcoin price, an intermediate solution appeared, which is the stablecoins. USDT/USDC/BUSD
• Currently, there is a problem with withdrawal fees, and therefore some networks have emerged that are a mediator between centralization and decentralization and second-tier solutions. BSC/MATIC
• Increase the speed of trading and the ease of programming trading bots.
• More p2p options. BISQ/LOCALCRYPTOS

Decentralized platforms have been emerged and addresses the fundamental problems of liquidity.

[tygeade]

I am sure only minor part of strategies need enhancement over the time and the basics are always same and you could definitely stick with them even after 100 years from here.

Probably if we need a new trading strategy for year then definitely we will go run out of them because there are only very few effective trading strategies are available and most others are just supportive things hence you cannot use them for decision making.

Still, I am aware of the fact that trading strategies are getting old which means inefficient for profit making. But, when traders are finding their existing strategies are inefficient then they go fine-tuning it with respect to market's latest conditions but I am seeing really they are switching over to new strategy.

[Dragonfund]

Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

I have just one input for beginners, hold and focus, no matter how bad the condition of the market, it will always be good for everyone.
2018 was a year of bloody Market for everyone who have all hold their portfolio but later early 2020, Q1 particularly was a an Era of redemption for everyone who successfully hold even despite the critics around cryptocurrency lately.
The next halving is going to be a blast fot all, trust me.

[jaberwock]

when traders are finding their existing strategies are inefficient then they go fine-tuning it with respect to market's latest conditions but I am seeing really they are switching over to new strategy.

That must be true. Professional traders are learning and testing new strategies more often but rarely do abandon their longer used strategies. It means they are slow on adopting new strategies because they will take more time to test and evaluate the effectiveness of one new strategy and once find a  strategy is useful then they will definitely stop using it as they keep on improving it by adding extra parameters and conditions to make it more effective for profitable decision making.

Professional traders are having different kind of habits while dealing about strategies and making use of it for decision making. We must need time and experience to slowly learn about those kind of habits.

[suryogandul]

Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

okay, I understand what it means if the formula in 2018 can't be applied in 2021?  Is that true ?  if you really mean like that I will give a little comment.  namely where the 2018 formula is indeed different because in 2021 there are many changes to the trading formula and we must follow the latest formula because the system also enters the latest system.  so it is not suitable if you have to use the 2018 formula in 2021.  I hope this helps

[Ararbermas]

Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

it still as is mate, i mean those old stuffs and techniques still working, in fact it becomes more easier nowadays than before because some exchanges platform provides some important information that can help you to make fundamental and to determined if the project if it's good to trade or not. There are some set ups as well that upgraded but there's no big difference from the old ones wherein they just put a twist in it so that everyone can easily understand how it really works.

[Kimonoe]

A guide for beginners at this time is don't be in a hurry to immediately make money from trading cryptocurrencies, of course learning is a mandatory menu for success. but don't worry for beginners, I think long-term investment can be a solution to make money later

[so98nn]

Change is adaptive. You have to change the way you look at the things as the time is passing on. In case of crypto, everything is impossible to predict all the time with at most perfection. Moreover, we are not having normal times too. Not just you and me individually but the whole world is impacted with pandemic and it’s not just crypto trading but the share market is also hampered.

If you studied or were trading during pandemic then you must have realised that share market was crashing and suddenly going up like crazy and some stocks were off the roof.

So yeah, that time everything failed. Whether it was technical analysis or whether it was fundamental analysis. Everything is just messed up and will take hell lot of undefined time to go on track.

[blockman]

Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

Trend changes so the strategy does too. In 2018, it's much different from today but based on the perspective of the other after comparing that year's trend to this year.
The similarity is almost the same and that's with the ICOs = NFTs. The hype is the same for it and those that have said the same thing about ICOs, they're also seeing the drop of much with the NFTs. In ends with how you will adopt to the changes and trends but the most sure thing is about holding bitcoin.

[MrcMrc]

The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.