Best Strategies for Trading.

[To.Nick]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

[jossiel]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

As for newbies, DCA is the easiest and most basic strategy. But if you want to know more of the strategies, coming from basic to advanced. Here's an article[1] that could give you the idea about it.

[1] https://cointelegraph.com/trading-for-beginners/a-beginners-guide-to-cryptocurrency-trading-strategies

[Tytanowy Janusz]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Go here: https://bitcointalk.org/index.php?topic=4846473.0

But as a complete newbie the best thing you can do is start trading with minimal possible bet. Its like 10$ for binance. Do not make it bigger unless you will end whole year on profit. That way you will make year learning as cheap as possible because 90% of new traders wipe out their savings very fast.

[tranthidung]

Whatever strategy you use, don't forget some protective weapons in trading

• One of the Best Weapons in Trading
• Stop limit order is better than stop loss order

Preventio is better than cure and those order types are helpful for you to avoid liquidations or serious loses. You should not be over confident about yourself and your orders, use those ones to make sure in worst cases, you won't get serious loses.

[palle11]

My advise to you is you still have to be convinced by yourself on the best pattern that is working for you. As they say one man's food may be turned to poison to the other man, meaning work your strategy out using what you have read or watched. You can't be better if you don't practice yourself. Don't always blame yourself on your loses but concentrate on what gives you profit. Good luck.

[YOSHIE]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

@To.Nick, crypto trading is very risky, you can't just rely on the discussion of the topics, as well as the instructions in other topics, if you want to trade crypto, you must be escorted and accompanied by crypto trading experts, it is very important to prevent you from experiencing big losses.

My experience:
I used to trade only based on articles and readings, I thought it was easy enough to make a profit, I wasn't wrong, after I suffered a loss, finally I decided to learn crypto trading for real to the experts, not articles or google, one year I was engaged in trading directly to the experts, the end of the second-third year story and so far I have done it myself, as a result I was able to get a decent profit in crypto trading, I hope what I say, I hope you understand.

[Findingnemo]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

I would like to remind that for newbies using stable coin pairs seems more easy to build their strategies even for the veterans. Yes there is risk involved while we use stable coins because it can reach zero at anytime but for someone to begin trading they should try short ti mid term trades with BTC/USDT and scalpe the profits from time to time is more efficient way to grow the portfolio value with less risk comparing with highly volatile shitcoins.

[cabron]

For strategy that is most effective for newbies is just buy and hold for long term. You can never go wrong with this one. You'd be surprise how much you could have after waiting for several years. This is as long as you hold for a longtime.

Its usually BTC/USD. It could be stablecoin like USDT which mostly are trading. So BTC/USDT in monthly chart for futures market, this could be profitable but you should be careful though. We yet have no idea if the market will really bounce.

[CryptoYar]

The best strategy for newbies is, buy and hold in your personal wallet.

For this, you need two things, [1] a P2P exchange where you buy bitcoin with your bank account. [2] non-custodial. After purchasing bitcoin transfer it to your personal wallet ( non-custodial is recommended so that you have control over your funds)


[1] List of P2P/no-KYC exchanges

[2]
What is a Non-Custodial Crypto Wallet?

It is a type of Blockchain wallet that lets you be your own bank. This implies that users have full control over their funds and on the associated private key.

What is a Custodial Wallet

A Custodial Wallet is defined as a wallet in which the private keys are held by a third party. Meaning, the third party has full control over your funds while you only have to give permission to send or receive payments.

Source

[jackg]

If you've got enough fund in your wallet and a decent investment already to risk only a few percent, you could try making calls on whether you think something will go up or down. Look at how others have traded based on technical analysis, learn how support and resistance works and look at learning how to spot technical patterns yourself (this should take a few months to learn if done right). You can only trade these certain strategies at specific times so it's best to come up with rules at points (ie, one loss makes you stop trading for the day, three days of losses means you take some time to do something else - you could switch to forex or stocks or just give up and find some reading or research to do and return a week or two later to see if the uncertainty has left).

If you don't have a solid investment you can borrow funds from, focus on building that and keeping it. You can add some of the strategies mentioned above to it but you should decide whether you want to focus on accumulation and only buy supports or whether you should sell resistances too (you can do this with a few % and just keep buying if we go lower after reaching a new higher price). DCA can turn out to be more profitible than this, your chances of that being more profitible than this is generally based on the market and fairly random but it can teach you a skill.

[DoublerHunter]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

^This can depend on the knowledge that you have because not all people are suitable for trading and it is based on their skills.
If you don't have enough knowledge, I suggest you not continue trading because it will probably be the reason why your fund will easily wipe out. So don't trade if your lack knowledge, holding is suitable for newbies as they said above. Investing in a DCA way would be the best way for those newbies who did not know how to deal with the market situation.
However for newbies, try your luck on copy trading for practice and gain experience, but don't expect too much profit from this instead, the experience will give you a benefit to learn and give a better strategy and a path to become a good trader.

[South Park]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

The question is not as straightforward as you make it out to be, you say you are a newbie but how much of a newbie you really are? If you do not really know anything about the markets in general then it is better that you take your time and begin to learn for at least a few months, if you do not do this then I can guarantee you that regardless of the trading pair that you select you are not going to make any profits in this market no matter how hard you may try.

[sheenshane]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

• BTC/USDT
• ETH/BUSD

These are very common pairs on exchange and I think as a newbie, I'll prefer the very common pairs over others.
But before picking such trading pairs, you need to know first if this is applicable to an exchange that you use because sometimes trading pairs vary on an exchange that you have used.

Stablecoins pair has more liquidity and that's why have a high market capitalization the potential of seeking profit, it's advisable pair for newbies and even professional traders.

[Mpamaegbu]

• BTC/USDT
• ETH/BUSD

These are very common pairs on exchange and I think as a newbie, I'll prefer the very common pairs over others.

You just took this out of my mouth. You're spot on on that. OP should start with simple pairs like that. Don't cut in more. Grow from one or two pairs. I would specifically suggest BTC/USDT or BTC/BUSD pair. Sticking to a single pair makes it easier to monitor the movement and being able to make evaluation in such a way that picking entries wouldn't be much of a burden. So many traders think that trading many pairs is a recipe for profitability. That's false. There are those who trade single pairs and are profitable doing that.

[GatotKaca]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

OP, the pair BTC/BUSD will be suitable for novice traders. just focus on one pair first. don't think too much about altcoins which will make the pump return bigger.
study the charts and the market on the BTC/BUSD pair. Once you understand and start developing, you can try other altcoins.

[ethereumhunter]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

You need to know that trading is not for everyone and only those who desire to learn can follow the course of trading. You have to find your own trading strategy and can't use someone else's strategy because we have a different points of view about strategy and I'm afraid that if you use or learn strategy from someone else, you will find it difficult to make a profit. But if you can learn on your own from the many strategies out there and develop them so that they work for you, you will be able to profit while trading. Especially if you are a beginner in trading, it is very important to learn about strategy.

[GeorgeJohn]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

I know that it's good to ask of the possible way of trading, i know that many people will give you their own ideas of trading base on their understanding of trading, another thing is that in trading you have to make your own impact by researching of trading by using YouTube video and also searching in Google to know more better of trading strategies, because it's hard for someone to give out it's way of success in trading, it's what i found out

[monineklutak]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

OP, the pair BTC/BUSD will be suitable for novice traders. just focus on one pair first. don't think too much about altcoins which will make the pump return bigger.
study the charts and the market on the BTC/BUSD pair. Once you understand and start developing, you can try other altcoins.

For beginners, they shouldn't be too pushy because it will only make you lose,
what you say is true better focus on just one first and also improve your knowledge and skills,
most importantly enjoy the process

[GreatArkansas]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

The best to use is high market cap coins, Bitcoin and Ethereum pairs are good also check from your exchange using which pair got high trading volume, which means there are a lot of traders trading those pairs recently. And also try to trade with stablecoin pairs first.
Also, avoid using high leverage, less leverage less risk. Practice risk management, don't go all in.

[palle11]

A newbie knows nothing about using strategies so it will better newbies keeps it simple by applying DCA. Buying at intervals an abbreviation for Dollar Cost Averaging. Using strategy outside this will require mastering them and testing them on demo accounts but for DCA there is no much analysis done all the buyer needs to do is wait for price to fall then they buy.

A newbie that has done alot of demo can go on to try real trade by trading gradually on low volume coins so that volatility is reduced. Using low leverage too and the use of proper money management will help such trader not to really feel much difference with demo and real trading but increasing of risk appetite without enough experience is risky. However, DCA is not really trading and also not free from risk because accumulation of coins without profit can be frustrating.

[LUCKMCFLY]

I could not say for sure something that can help you, because you have to be clear about what you want to do, whether in the short term, medium or long term, for this type of trading, you have many strategies, what I think is that there can be many scenarios where obviously you can't trade in the same way in the short term as in the long term so you have to figure out what kind of market speculator you want to be, obviously when you're a short term trader you have to apply a lot of technical analysis, because sometimes it helps a lot in the case of long term things can change and everything will change very fast.

[Bananington]

Whatever strategy you use, don't forget some protective weapons in trading.

Whatever strategy you choose to start with in trading, if it turns out to be strategy that works for you, you should not get too comfortable with it as it can deceitful, there is no assurance that a strategy in trading that works today will work tomorrow. It is necessary that you keep your strategy always dynamic and be able to make changes to it as soon as it starts becoming ineffective.

[The Cryptovator]

All successful trades are the best strategy. Every trader has a different mindset on how they will trade. You have to identify which strategy works for you. For example few traders like short trade, few mid trade, and few traders like long trade. It depends on how you want to handle your trading and which strategy will work. I know you might lose at the beginning. But that's how you will learn. So trade yourself and learn. There are no pills that you take and learn. My strategy is hold for short time and sell when you have profits then buy back on dip.

[Oshosondy]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

The best currency pair I have used are coins that are not highly volatile, the less volatile ones like bitcoin are the best for me. Some of the strategies I have used:

Using low leverage like 0.5x and going maximum at 3x margin ratio
Trying all possible means to take away emotions while trading, although very difficult at times but it is worth it for professional traders
Never looking for ways to earn what I can not lose
Newbie readers should not use more than an amount they can not afford to lose
Searching more online about the do and don't of trading to see if to gain more knowledge about trading
I use indicators, they can fail at times, but they give good analyses
Manage your risk
Looking for better ways to still maximum profit if indicators fail

As for newbies, DCA is the easiest and most basic strategy. But if you want to know more of the strategies, coming from basic to advanced. Here's an article[1] that could give you the idea about it.

DCA is not a trading strategy, it is not even related to trading at all. DCA is an investment strategy. Trading and investment are not the same or related, they are like a word and an opposite.

[kapalmabur]

All successful trades are the best strategy. Every trader has a different mindset on how they will trade. You have to identify which strategy works for you. For example few traders like short trade, few mid trade, and few traders like long trade. It depends on how you want to handle your trading and which strategy will work. I know you might lose at the beginning. But that's how you will learn. So trade yourself and learn. There are no pills that you take and learn. My strategy is hold for short time and sell when you have profits then buy back on dip.

It is not easy indeed to get a strategy that suits us and it all takes time and a process,
losing at the start is normal and it's part of the process I think we all go through that,
what is clear is that the best strategy cannot be obtained instantly

[tvplus006]

For strategy that is most effective for newbies is just buy and hold for long term. You can never go wrong with this one. You'd be surprise how much you could have after waiting for several years. This is as long as you hold for a longtime...

This is a very boring kind of earnings and it is more suitable for those who occasionally visit the exchange to find out the current price. In addition, it does not allow you to get a profit that allows you to meet current needs. So if you want to make a profit every day, you need to study trading strategies and test them yourself on the cryptocurrency exchange.

[blockman]

My advice is avoid trading what you can not lose
It's doesn't really matter how much you make daily just try at least to get a green
Don't be too greedy
Don't get too attached to any coin

This is for most altcoins, don't be attached on it and when you've seen that you're ready to profit from it, then just take and do it.
Don't be emotionally attached on it because if you're at losses, you won't think about cutting your losses and have to dump it so that you won't have that big loss. Losing is normal as you trade and it can't be avoided and that's why you have to do something for you to mitigate the losses and risk that you're taking. You can't be green at all times no matter what strategy you do. You have to adapt the situation and you need to deal with it.

[Lanatsa]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Everything you could really be able to look upon on the internet.There are lots of types,variations,ways,methods which you could really be able to check it out.

There's no such thing about best strategies because you are the ones who would really be finding out on which strategy would really fit out your style.Even if you do tend to follow up on someones strategies

wont really guarantees out that you would really be able to make profit the same way on what that person been doing.There's lots of factors which would really be affecting yourself
when it comes to trading aspect and outcome where its always been best to make yourself learn on your own way and discover things on your own way.

[Slow death]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

first step you have to choose the pair BTC - USD or BTC - USDT

second you have to learn technical analysis very well and choose the 1h or 2h or 4h or 8h candles and then when you are in a strong support and you see that there is already a trend reversal then you buy and wait even if it is days or weeks or months until the price touches a strong resistance and has a trend reversal to a downtrend and sells, that way you will be able to buy a lot low and you will be able to sell a lot at the top, day trading in very short time periods is something that you will have few profits

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Everything you could really be able to look upon on the internet.There are lots of types,variations,ways,methods which you could really be able to check it out.

There's no such thing about best strategies because you are the ones who would really be finding out on which strategy would really fit out your style.Even if you do tend to follow up on someones strategies

wont really guarantees out that you would really be able to make profit the same way on what that person been doing.There's lots of factors which would really be affecting yourself
when it comes to trading aspect and outcome where its always been best to make yourself learn on your own way and discover things on your own way.

most of the advice on the internet is from people who are more concerned with making money from viewings and selling courses, they don't provide complete information, they give you a part of information and they force you to buy a book or course in order to have access to all information, which in my opinion is something that is not worth paying for these courses, the person needs to take a small amount of money and practice, of course, you should download free courses just to serve as a base

[Sebas.tian]

For strategy that is most effective for newbies is just buy and hold for long term. You can never go wrong with this one. You'd be surprise how much you could have after waiting for several years. This is as long as you hold for a longtime.

Its usually BTC/USD. It could be stablecoin like USDT which mostly are trading. So BTC/USDT in monthly chart for futures market, this could be profitable but you should be careful though. We yet have no idea if the market will really bounce.

I agree with you, because buy and hold for a long  term is a popular strategy many potential traders used to make a huge amount of income from the market. Now that the price of Bitcoin is low for you to buy as much you want in this bearish market and hold, I think it will really help you to be part of those that will celebrate in future when the bullish market appear in the market, which is the best market both long term traders and short term traders will like to sell their coins for profits purpose. BTC, USDT, USD are stable coins you can try and invest and hold for long term before you can sell to smile like the way other traders are smiling with their profits.

[bitzizzix]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Cryptocurrency for some people may sound very profitable and can also be used as a promising additional income, but there are some precautions that may need to be taken before jumping into the crypto world.
And one of them is understanding your own unique strategy or being yourself, because everyone is unique, and so is everyone's strategy. No two strategies will ever be the same. Therefore, taking the time to understand your unique strategy and work to improve it is key, other people's strategies can help you improve or change them, but you can't copy them because everyone's situation is different.

[MainIbem]

If you are asking this question i will like to know how effective research have you made to equipped yourself massively than asking, you know one thing common about newbies is that they want to packed all knowledge instantly than given much attention to study read and get reliable material that could get them prepared. Get me no wrong but i will refer you to search on Youtube which might give the best trading trading guidelines that you wants.

[AakZaki]

My advice is avoid trading what you can not lose
It's doesn't really matter how much you make daily just try at least to get a green
Don't be too greedy
Don't get too attached to any coin

The suitable strategy as you mentioned is of course scalping or day traders. It will be suitable for short term and not tied to any coin.
But to continue to get green (or continue to profit) it is still difficult, there will definitely be some mistakes, but at least the avarage between profit and loss is more profit.
and about being too greedy it becomes self-control. do not trade if mentally not ready and do not trade if the money used is money that is still needed for other purposes and do not trade if you do not have basic trading knowledge.

[justdimin]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

The best to use is high market cap coins, Bitcoin and Ethereum pairs are good also check from your exchange using which pair got high trading volume, which means there are a lot of traders trading those pairs recently. And also try to trade with stablecoin pairs first.
Also, avoid using high leverage, less leverage less risk. Practice risk management, don't go all in.

The problem with trading high cap coins like btc and eth is that their minimum is also high and if you place a low amount it will mostly be ignored. If you are a small trader I think it will be better if you will also choose smaller coins so that you are sure that you can trade on them consistently.

Small coins are also perfect for short term trades and not for hodling because we don't know what the future awaits them. Using stable coins in our trades is also great so that we can protect our profit from the effects of volatility. Leverage trade and other unusual/complicated terms are only for advance traders so they are not advisable for now in the OP.

[TimeTeller]

My advice is avoid trading what you can not lose
It's doesn't really matter how much you make daily just try at least to get a green
Don't be too greedy
Don't get too attached to any coin

The suitable strategy as you mentioned is of course scalping or day traders. It will be suitable for short term and not tied to any coin.
But to continue to get green (or continue to profit) it is still difficult, there will definitely be some mistakes, but at least the avarage between profit and loss is more profit.
and about being too greedy it becomes self-control. do not trade if mentally not ready and do not trade if the money used is money that is still needed for other purposes and do not trade if you do not have basic trading knowledge.

One mistake that you will do while scalping, can wipe out your small profits.
So for me, if you are already doing good, set aside your initial funds after getting profits.
At least, you know for yourself that you already got the return of investments.
And then, just trade top alts as much as possible. Most new alts are very risky to get involved with.

[Mahanton]

My advice is avoid trading what you can not lose
It's doesn't really matter how much you make daily just try at least to get a green
Don't be too greedy
Don't get too attached to any coin

The suitable strategy as you mentioned is of course scalping or day traders. It will be suitable for short term and not tied to any coin.
But to continue to get green (or continue to profit) it is still difficult, there will definitely be some mistakes, but at least the avarage between profit and loss is more profit.
and about being too greedy it becomes self-control. do not trade if mentally not ready and do not trade if the money used is money that is still needed for other purposes and do not trade if you do not have basic trading knowledge.

One mistake that you will do while scalping, can wipe out your small profits.
So for me, if you are already doing good, set aside your initial funds after getting profits.
At least, you know for yourself that you already got the return of investments.
And then, just trade top alts as much as possible. Most new alts are very risky to get involved with.

When scalping then you would really be setting out buy orders amount which would be significant once you do make out some short in price movement which you wouldnt really be just eaten out by the trading fees.
This kind of trading is the most toughest or hardest of all on which you would really be dealing up with moving prices on active manner.Risk management and emotion handling is really that very crucial when it comes to this.Best trading strategies would be entirely depending on you which you are the ones will really be looking out for the most possible strat that would fit out your style and preference.
All of us are speculators, there's no such thing about precise and guaranteed strategy that could make you money.

[GeorgeJohn]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

If newbies wants to elevate in cryptocurrency trading, actually you won't be depending anyone to come and impact knowledge of how to trade, it's your primary function of desperation to observe the methods of people who is into trading analysis the future of trading and basics concept of cryptocurrency and trading in quote, so i believe that learning is basically depends on your interest over it.

[ThemePen]

Everyone know that trading is the name of. Buy at low sell on high.

I like the bot trading. I set the bot and in between my selection whenever btc move to down. Bot buy the orders and sell at high. This is my strategy.

And I don't like Futures trading because it is too much risky. And I only trade in Bitcoin. Because if it will move down and leave my bot range so I can easily hold it. Because definitely it will go up.

[EarnOnVictor]

I've been reading and hearing for more than a decade ago that this and that is the best trading strategy, but all happens to be false. The best trading strategy is what works best personally for you, period! You would have to discover this yourself by trying many trading strategies to know the ones that are best for your timing, trading goals and plans to realize the goals.

Trading is not child's play, it needs mastering which takes a quite lot of years to achieve. Nonetheless, you might practice with price action, trendline, wave theory and with other tools/indicators that work as support and resistance strategies. It is best to combine strategies together for a more effective outcome.

[Strongkored]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

BTC-USD
The right strategy is the one that suits your character, the capital you use to trade, the extent of knowledge you have in trading if you're newbie then BTC-USD is safer while you continue to learn than pairs Altcoin too many unexpected things there.
Don't forget to learn about all the features that your exchange has, those features can help you if you know how to use it

[gabbie2010]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Check YouTube videos there are few crypto trading strategies that are newbie friendly where you will learn and use the strategy to trade, though I recommend practicing with Demo or Stimulation first with consistent profits earned before going Live even when starting real trading, deposit and start trading with the amount of money you can afford to lose because of high risk involved in crypto trading though it's will take time before gaining some experience, however with perseverance and determination it pays in a long run to become a successful trader, checkout this link for a crypto trading strategy which ETH/USDT pair as the reference trading pair https://m.youtube.com/watch?v=-V1m_ansVNs

[Yamifoud]

It is hard to mention which is the best strategy. There are a lot of strategies commonly used by many traders but I was not sure if this will also fit you or if it was convenient for you. After watching online tutorials, researching, and listening to other traders, it was not enough for you to tell which one until the time you tried any of them.
There are things I have to say to you OP,
 - don't be afraid to try and lose money
 - never hesitate to ask traders and friends, but be careful with strangers offering signals
 - make your own strategy if you already understand trading

[deathcode]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Everyone can only suggest what is good according to their experience.
There are many strategies in trading and not necessarily what we say will suit you, it depends on your "condition".
Yourself must determine what strategy is good for yourself.
the most important thing is don't hesitate to start and don't complain or even give up when you fail.
with frequent practice then surely you will find what strategy is good for you.

[AakZaki]

When scalping then you would really be setting out buy orders amount which would be significant once you do make out some short in price movement which you wouldnt really be just eaten out by the trading fees.
This kind of trading is the most toughest or hardest of all on which you would really be dealing up with moving prices on active manner.Risk management and emotion handling is really that very crucial when it comes to this.Best trading strategies would be entirely depending on you which you are the ones will really be looking out for the most possible strat that would fit out your style and preference.
All of us are speculators, there's no such thing about precise and guaranteed strategy that could make you money.

Each trader has his own strategy of scalping, swing trading or others, of course it can be suitable for you and not suitable for others. Scalping is indeed a strategy that has a fairly high risk, because we are required to do quick analysis and decisions. And many orders are made and continue to repeat until little by little the profits will be collected. I don't always use scalping techniques in trading, only at certain moments when the volume is high. But for trading I usually tend to be more relaxed. Whatever strategy is used, the final result will be counted.

[Piesel]

The thing is, trading patterns have to be followed consistently for a while for them to prove effective in trading and it doesn't matter the currency pair you are trading on.

I have seen some that offer promotion trading copy services but even that has not proven to be effective also as the is no guarantee of the success of the outcome of the trading.

[Lanatsa]

The thing is, trading patterns have to be followed consistently for a while for them to prove effective in trading and it doesn't matter the currency pair you are trading on.

I have seen some that offer promotion trading copy services but even that has not proven to be effective also as the is no guarantee of the success of the outcome of the trading.

Copy trading is never been giving out that kind of guarantees on which its never been good on making yourself believe that it would be something sustainable or something that could make profits in long term.

When it comes on trading strategies then you are the ones who would really be finding on which one would suit you in when it comes to those current strategies available, even if you do decide on following

others, it wont really guarantee out that you would make profits on that.You cant determine on which one is the best and which one is not.You are the ones who would be
finding and mix up according to your own preference.

[suzanne5223]

Everyone know that trading is the name of. Buy at low sell on high.

Understand this, trading and investment are not the something. Buying low and selling high are just traditional ways of cryptocurrency short-term investment strategy and it was never trading.

I like the bot trading. I set the bot and in between my selection whenever btc move to down. Bot buy the orders and sell at high. This is my strategy.

The use of bots is an effective way of trading even when offline but the use of it doesn't justify trader profitability because the bot always works based on settings.

And I don't like Futures trading because it is too much risky. And I only trade in Bitcoin. Because if it will move down and leave my bot range so I can easily hold it. Because definitely it will go up.

Agreed with this.

[harizen]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

It's not with the specific trading pairs as almost all pairs need the best approach regardless if you are a newbie or not. There's no such thing as suggested trading pairs that a newbie or starter should pick. As a newbie, maybe pick based on what you really preferred or are somehow already aware of.

The key here is to understand how to work on the strategy to fully achieved the profits by doing the "buy low sell high".

BTC/USD trading pair might be a good start. Just give it a try to feel the real pressure of doing trades.

[_BlackStar]

What are the possible Currency pairs trading strategies that a newbie can follow up.

Do you own a local exchange? If so, then I can also advise you to trade assets with your local currency pairs. But if not, you are also free to choose stablecoin or other altcoin.

As a newbie, I'm not sure if it's necessary for you to care about trading pairs instead of the best assets to own ^{[you buy],} for me it's much more important than thinking about trading pairs because most people probably like commonly used pairs like USDT or other stablecoin.

[ThemePen]

Understand this, trading and investment are not the something. Buying low and selling high are just traditional ways of cryptocurrency short-term investment strategy and it was never trading.

I don't know why you are not considering ir as trading. But it is the trading, buy at low sell at high.

The use of bots is an effective way of trading even when offline but the use of it doesn't justify trader profitability because the bot always works based on settings

Of course it is based on settings and if you have set a good range and you think that is the basich range and any coin will not trade out of this range for a long time. So you can easily set up a range for this. And can make easy and passive income. I mostly like Bitcoin. Because if it goes out of my set range and go down so I can easily hold it.

[Zanab247]

Buy and hold without fear is among the strategies many people use to win big profit from their investment, which you can apply it to your investment as a newbie and start experiencing positive changes in your profits. Since the bear season is still on ground for people to buy stable coins and hold without fear until the price increase higher before they can sell in the market to earn well, and to believe that the best strategy to use in the community is to buy and hold without fear is favourable to investors.

[borovichok]

Buy and hold without fear is among the strategies many people use to win big profit from their investment, which you can apply it to your investment as a newbie and start experiencing positive changes in your profits. Since the bear season is still on ground for people to buy stable coins and hold without fear until the price increase higher before they can sell in the market to earn well, and to believe that the best strategy to use in the community is to buy and hold without fear is favourable to investors.

Buying coins in the bear season is consider risky for both investors and traders, one can buy a coin that's dipping, expecting to see a retest  to start moving in a bullish position, it's contrary against the idea and it still dips, that's when you buy a coin that's dipping, you dipping with the dip. Funny how it sounds, but it takes only the strong and patient ones to withstand the dip and get profits at the end. Buy-in and holding is a regular normal thing people engaged in the market. It's considered a format and people are making money because they buy at the right time and sell while some buy at the wrong time and losses.

[suzanne5223]

Understand this, trading and investment are not the something. Buying low and selling high are just traditional ways of cryptocurrency short-term investment strategy and it was never trading.

I don't know why you are not considering ir as trading. But it is the trading, buy at low sell at high.

Crypto currency trading involve the use and study of indicators anything that have to do with buy low and selling high is consider an old-fashion of way of crypto short term investment.

The use of bots is an effective way of trading even when offline but the use of it doesn't justify trader profitability because the bot always works based on settings

Of course it is based on settings and if you have set a good range and you think that is the basich range and any coin will not trade out of this range for a long time. So you can easily set up a range for this. And can make easy and passive income. I mostly like Bitcoin. Because if it goes out of my set range and go down so I can easily hold it.

I hope you understand the use of bot in crypto trading is not easy as you said it and if it is that easy to make a profit through a bot don't know a lot of crypto trader that would be millionairess as we speak.

[Mauser]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

As a beginner it's very hard to get into trading without any prior knowledge of the crypto market. Sure people can give you their strategy that worked for them in the past, but this no guarantee for you to make any money of it by following it blindly. I would recommend you learn a bit about cryptos first and get slowly in the world of trading to avoid losing a lot of money. Have you done some investing already? In case you hold a crypto portfolio with different alt coins already, it's a good start to trade more actively with them. And if you don't hold any cryptos yet your beginning trades will be Fiat into cryptos. When trading different coins against each other you also need to keep in mind the fiat money you receive your salary in and where you pay all your bills with. For a complete beginner I would recommend to start with the Bitcoin market, it's a good way to get a foothold in the crypto markets and you don't need to worry that prices are going to drop suddenly.

[Hypnosis00]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up.

As I was learning to trade, I used BTC-USD trading pairs. I've been quite trusting stablecoin and BTC but I'd never stop there, yet I move to try also several altcoins and change coins in almost every trade until I've got a good market formula. It can be done as well as long as you are not afraid to take risks. Take the feeling that you are curious about something that will happen after trying new trading pairs as we never know if this will give you more profit unlike just staying BTC-USD pair. And I've noticed that it was good to trade in a highly volatile coin, buy and sell option is too fast to fill where we can generate a profit so fast as well.

[sulendra12]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Just do DCA if you are a newbie, it's pretty easy to understand and even if people doesn't know about trading in first place, they can follow up this strategy quite easily if you have capital to do so. Just look up DCA articles in google and you will see lot of the example regarding of this strategy, the experienced traders are also using this strategy, because the potential is really big if you choose the correct investment to begin with.

[Rockstarguy]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

I know that it's good to ask of the possible way of trading, i know that many people will give you their own ideas of trading base on their understanding of trading, another thing is that in trading you have to make your own impact by researching of trading by using YouTube video and also searching in Google to know more better of trading strategies, because it's hard for someone to give out it's way of success in trading, it's what i found out

Watching videos from YouTube concerning trading strategy is good one but sometimes it can be complicated for newbies because they get different experiences from different people.  I think the best thing that will be easy for beginners is to get someone who knows trading very well who will be able to teach strategies that is profitable. It is better to accept different strategies that their are no assurance if it truly works. Having a mentor in trading helps in developing one's trading ability.

[South Park]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

I know that it's good to ask of the possible way of trading, i know that many people will give you their own ideas of trading base on their understanding of trading, another thing is that in trading you have to make your own impact by researching of trading by using YouTube video and also searching in Google to know more better of trading strategies, because it's hard for someone to give out it's way of success in trading, it's what i found out

Watching videos from YouTube concerning trading strategy is good one but sometimes it can be complicated for newbies because they get different experiences from different people.  I think the best thing that will be easy for beginners is to get someone who knows trading very well who will be able to teach strategies that is profitable. It is better to accept different strategies that their are no assurance if it truly works. Having a mentor in trading helps in developing one's trading ability.

Without a doubt having a mentor is the optimal choice as they can help you to identify the information that is accurate from the one that is false, this will speed up your development to an amazing rate and even help you to create your own strategy, however why this is not more common? Because finding a mentor is really hard, even if you knew someone that knew how to trade the markets there is not guarantee they will want to teach you as they will see you as a potential rival.

[milewilda]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

I know that it's good to ask of the possible way of trading, i know that many people will give you their own ideas of trading base on their understanding of trading, another thing is that in trading you have to make your own impact by researching of trading by using YouTube video and also searching in Google to know more better of trading strategies, because it's hard for someone to give out it's way of success in trading, it's what i found out

Watching videos from YouTube concerning trading strategy is good one but sometimes it can be complicated for newbies because they get different experiences from different people.  I think the best thing that will be easy for beginners is to get someone who knows trading very well who will be able to teach strategies that is profitable. It is better to accept different strategies that their are no assurance if it truly works. Having a mentor in trading helps in developing one's trading ability.

Without a doubt having a mentor is the optimal choice as they can help you to identify the information that is accurate from the one that is false, this will speed up your development to an amazing rate and even help you to create your own strategy, however why this is not more common? Because finding a mentor is really hard, even if you knew someone that knew how to trade the markets there is not guarantee they will want to teach you as they will see you as a potential rival.

Not all the times and it would really be depending on the mentor on which you cant really be able to assure that the current ones who had been teaching you are the ones who do give out the best idea.
This is why it would really be just wise on making up some comparison so that at least you would be having the idea which one is really leading you into the right path. Although its not really that not necessary
for you to have a mentor since you could eventually make yourself learn with having the information that you could look around on the internet which it would really be just right or enough
for you to learn up without having some teacher or mentor when it comes to trading.There are lots of strategies around which you could potentially use and this is where
it do ends up on having personal preference or choices along the way.

[qwertyup23]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Study the market and understand both the intrinsic and extrinsic factors that affect its price. Do some research about the market situation and adapt from your decision. Again, there is no ironclad rule that will absolutely make you a successful trader- it is all about adapting and deciding whether it is the best time to sell your cryptocurrencies for profit.

One last thing- avoid getting too greedy. I have personally witnessed some people who refused to sell despite profit due to their hope of reaching a desired price. The conclusion is- they lost majority of their resources due to the volatility of the price of cryptocurrencies.

[ScottAllenTVH]

As a newbie, start with BTC/USD or BTC/USDT. Get to the point you can consistently make money with that. Pretty much everything else is too volatile for beginners.

Bitcoin is now less volatile than the stock market (S&P 500). Its largest single day drop in the current bear market was 16%, back in June. The last time it had a drop that big was March 2020, when Covid hit the US. Its current 30-day daily volatility index is 3.5%. Plenty for making profits, but you won't get rekt in a day or two.

As far as beginning strategies, you might try a swing trading strategy with RSI and Stochastic RSI, 15 minute trading period. with about a 4% stop loss. That's enough to  allow usual fluctuations, but pull you out of big slides.

Depending exactly how you implement it, that strategy over the last 6 months would've done about 36 trades, 75% W/L ratio, total profit of about 12% (24% annually). That's a good starting point to work from. With tuning, you can easily get that up to 30% annually. Just trading BTC, two indicators, fully automated.

Get a feel for the charts first, but then you can automate that on the free plan of 3Commas, CoinRule, CryptoHero, probably some others.

Good luck!

[Kelvinid]

Without a doubt having a mentor is the optimal choice as they can help you to identify the information that is accurate from the one that is false, this will speed up your development to an amazing rate and even help you to create your own strategy, however why this is not more common? Because finding a mentor is really hard, even if you knew someone that knew how to trade the markets there is not guarantee they will want to teach you as they will see you as a potential rival.

There are a lot of trading sources of information online. However, the situation of being in actual trading is different which I think is one reason why even if we look and spend a lot of time doing an online search, many people are still not satisfied enough, and many we're still broke. It could be a reason as well to make important why we should have to create our own rather than following any person (even have a mentor) as to know one day this person will also leave. It is very important that we fully understand trading the way it works in order to succeed, not by relying on others.

[stomachgrowls]

Without a doubt having a mentor is the optimal choice as they can help you to identify the information that is accurate from the one that is false, this will speed up your development to an amazing rate and even help you to create your own strategy, however why this is not more common? Because finding a mentor is really hard, even if you knew someone that knew how to trade the markets there is not guarantee they will want to teach you as they will see you as a potential rival.

There are a lot of trading sources of information online. However, the situation of being in actual trading is different which I think is one reason why even if we look and spend a lot of time doing an online search, many people are still not satisfied enough, and many we're still broke. It could be a reason as well to make important why we should have to create our own rather than following any person (even have a mentor) as to know one day this person will also leave. It is very important that we fully understand trading the way it works in order to succeed, not by relying on others.

It would really be a never ending searching for strategy and ways or methods which this market had always been fucking off everyones strategy via its unpredictable movements and this is why it would really be just

normal for a trader to look for another method or strategies when it comes to technical indicators or analysis which it would really be that normal.We cant really say that there's the best but there are definitely

some strategies which is really that precise nor relevant to be used whenever you do face up certain conditions.It might not 100% assured but at least you do made yourself be wary
on what are the things been going around but of course every step do make out does have corresponding risks ahead.

[bitgolden]

Being calm and not panic when it’s going down, and buying more with the saved stablecoins you have. I know that everyone will talk about macd, weekly ma, and bollinger and all that. But leaving emotions aside and buying as much as you can at every turn is the only path.

Because in the long run it goes up, which means that we are going to keep seeing it go higher and then buying right now means it’s a good decision. Doesn't matter if it goes down, doesn't matter if it’s staying still, doesn't matter if it has been like this for a day or a week or a month or a year. Just buy more, leave emotions aside, and then buy some more. This will be the key to making a big profit.

[ScottAllenTVH]

I hope you understand the use of bot in crypto trading is not easy as you said it and if it is that easy to make a profit through a bot don't know a lot of crypto trader that would be millionairess as we speak.

This is the common criticism of skeptics.

But let's say you could make 3% a month—definitely profitable trading. Then you need to set aside, say, 1/3 of that for taxes, so it's really only 2% a month. And then, you should pay yourself. Take some of the profits and improve your lifestyle. Maybe also invest in some tools, education, memberships, subscriptions, etc. Let's allocate 20% for that. What's left, let's figure compounding it monthly.

And then let's start with $10,000, even—not where most crypto traders are starting, for sure.

You know how long it takes you to accumulate $1M?

27 years

That's how long it takes to become a millionaire, starting with $10K, attainable profits (that are still way better than the stock market), taxes, expenses, etc.

Now, let's start with $1,000 instead, only 25% for taxes, and don't pay yourself—roll everything back in, and compound weekly.

It's still 25.5 years.

So no, most crypto traders wouldn't be millionaires by now, even if they're consistently profitable. People are only going to become millionaires by:
1. Starting with a lot of money (like $100K),
2. Getting way higher returns,
3. Trading on leverage (crazy risky), and/or
4. Trading with other people's money (prop trading or being a lead copy trader)

Not that hard to just be profitable with crypto bots. Making a million? Yeah, very hard.

[Cling18]

Every trader has their own strategies and the usage depends on its effectiveness on their personal journey in trading. As for me, the best strategy is simply having the right mindset and proper management of our emotions.
Trading is a roller coaster ride and it's very challenging to deal with the volatility of the market but if we'll know how to handle our emotions, we will be able to make right decisions which would help in the success of our trading result. We can create our own strategy or even copy the common strategies that professionals use as long as we know the fundamentals of trading.

[Nrcewker]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

To be honest there’s no strategy that works the second time. It all depends on market’s nature. If you follow up a specific trading pattern for multiple times, then definitely you will end of making losses. Rather you should always analyse the market and observe the curves of the coin. Once you feel confident take calculate risk and trade. In this way there are more chances that you make good profit and don’t lose more often.

[salad daging]

Every trader has their own strategies and the usage depends on its effectiveness on their personal journey in trading. As for me, the best strategy is simply having the right mindset and proper management of our emotions.
Trading is a roller coaster ride and it's very challenging to deal with the volatility of the market but if we'll know how to handle our emotions, we will be able to make right decisions which would help in the success of our trading result. We can create our own strategy or even copy the common strategies that professionals use as long as we know the fundamentals of trading.

The strategy in trading is a lot how we use it well and with other needs such as maintaining the right pattern, managing finances, controlling emotions and also greed, we ourselves control it sometimes this makes us misguided and in the end it becomes a loss because we don't pay attention that pattern.
Many common strategies have been spread on the internet how to trade properly and correctly, it's just that what about our skills are we able to master it or is it only limited to what we can exceed that then it's a lot but it's true that trading is said to be difficult and easy but that must be prepared for the bearish market that is difficult to predict.

[Fredomago]

Every trader has their own strategies and the usage depends on its effectiveness on their personal journey in trading. As for me, the best strategy is simply having the right mindset and proper management of our emotions.
Trading is a roller coaster ride and it's very challenging to deal with the volatility of the market but if we'll know how to handle our emotions, we will be able to make right decisions which would help in the success of our trading result. We can create our own strategy or even copy the common strategies that professionals use as long as we know the fundamentals of trading.

The strategy in trading is a lot how we use it well and with other needs such as maintaining the right pattern, managing finances, controlling emotions and also greed, we ourselves control it sometimes this makes us misguided and in the end it becomes a loss because we don't pay attention that pattern.
Many common strategies have been spread on the internet how to trade properly and correctly, it's just that what about our skills are we able to master it or is it only limited to what we can exceed that then it's a lot but it's true that trading is said to be difficult and easy but that must be prepared for the bearish market that is difficult to predict.

True, trading is something that you needed to excel with your understanding, following patterns and creating your strategy is something will let you to have a much better outcome, but it's not a guarantee that by knowing the basic  fundamentals will simply allow you to esablished a good system, there are many factors that you needed to consider when creating your own patterns.

It's you who can dictate the outcome of your journey, eiterh a postive outcome or negative outcome, it's on your responsibility.

[electronicash]

the upside potential of crypto is always positive when you buy low which is the strategy of newbies are often just holding the coin. but you may start by figuring the low and high is where you might wanna learn in order to have a strategy.

many traders start learning with the tutorials shared by users and then you can learn from them the how indicators work.

[suzanne5223]

I hope you understand the use of bot in crypto trading is not easy as you said it and if it is that easy to make a profit through a bot don't know a lot of crypto trader that would be millionairess as we speak.

This is the common criticism of skeptics.

But let's say you could make 3% a month—definitely profitable trading. Then you need to set aside, say, 1/3 of that for taxes, so it's really only 2% a month. And then, you should pay yourself. Take some of the profits and improve your lifestyle. Maybe also invest in some tools, education, memberships, subscriptions, etc. Let's allocate 20% for that. What's left, let's figure compounding it monthly.

And then let's start with $10,000, even—not where most crypto traders are starting, for sure.

You know how long it takes you to accumulate $1M?
[snip]

I did the calculation and I can see that the 25years you mentioned will actually be $2.7M in total for the $10,000 but that does not stop the fact that the use of crypto trading bots is not always profitable and people shouldn't see it as a lifesaver because everything still depends on the trader basic knowledge about crypto trading.
This is what I am trying to prove here.
I agreed everything I said was just an act of common criticism of skeptics. Lets see the screen shot of your trading bot since January.

[$crypto$]

the upside potential of crypto is always positive when you buy low which is the strategy of newbies are often just holding the coin. but you may start by figuring the low and high is where you might wanna learn in order to have a strategy.

many traders start learning with the tutorials shared by users and then you can learn from them the how indicators work.

In crypto trading, there are many types of analysis and other types if we start learning then it must be able to combine the indicators with our needs because everyone is different in doing analysis, especially when choosing the right coin so from all that we must be able to adjust as long as possible the learning process.
Indeed, there are now many tutorials on trading with good strategies in various versions, but that's how we can do it when we start.

[goinmerry]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Newbies can really choose any currencies they want. But since you are newbies, maybe those who don't fluctuate much are the better to understand first and learn. You might want to try first the Bitcoin against Stablecoin pair like BTC/USDT pair and try your best to apply the BUY LOW SELL HIGH method as much as you can.

If you think you can handle a much volatile pair then you can switch to BTC/ETH or any other top coins next then slowly advance on other altcoins.

[Fatunad]

the upside potential of crypto is always positive when you buy low which is the strategy of newbies are often just holding the coin. but you may start by figuring the low and high is where you might wanna learn in order to have a strategy.

many traders start learning with the tutorials shared by users and then you can learn from them the how indicators work.

In crypto trading, there are many types of analysis and other types if we start learning then it must be able to combine the indicators with our needs because everyone is different in doing analysis, especially when choosing the right coin so from all that we must be able to adjust as long as possible the learning process.
Indeed, there are now many tutorials on trading with good strategies in various versions, but that's how we can do it when we start.

It would really be a combination of all the things that you had encountered along the way when you do make trades.It would really be that normal that you would really be applying those strategies which you had been
used before on a certain condition.Learning would really be a never ending process on a market which is truly unpredictable and totally random.
Strategies couldnt be always precise but at least you do already have the idea on what you are doing rather than making yourself doing trading decisions without any basis.
Its normal that you should really be creating one rather than on making steps randomly or just doing pure gambling or selection.

[justdimin]

Being calm and not panic when it’s going down, and buying more with the saved stablecoins you have. I know that everyone will talk about macd, weekly ma, and bollinger and all that. But leaving emotions aside and buying as much as you can at every turn is the only path.

Because in the long run it goes up, which means that we are going to keep seeing it go higher and then buying right now means it’s a good decision. Doesn't matter if it goes down, doesn't matter if it’s staying still, doesn't matter if it has been like this for a day or a week or a month or a year. Just buy more, leave emotions aside, and then buy some more. This will be the key to making a big profit.

This is such a correct way of approaching things. Many people think that the solution is technical and they are forgetting that it’s mostly about emotions. Technical part of it could help you with futures margin, quick trades and al if you are doing rapid trading, but if you are a good investor then the trading strategies that you do should be based on less and less emotions, and you should not be in panic mode when you are wrong.

Sometimes we are wrong, all humans could be wrong at times, Warren Buffet made a profit by investing and even he has down years, and plenty of them as well. So, it should not come as a shock that sometimes we could be wrong too.

[imamusma]

To be honest there’s no strategy that works the second time. It all depends on market’s nature. If you follow up a specific trading pattern for multiple times, then definitely you will end of making losses. Rather you should always analyse the market and observe the curves of the coin. Once you feel confident take calculate risk and trade. In this way there are more chances that you make good profit and don’t lose more often.

In theory I think your suggestion is really good, but in practice I don't see it at all easy.
The strategy must be adapted to market conditions because we will not be able to expect profit targets to be achieved in every cycle because the market is very unstable. If previously I wanted to TP at a 10% increase since buy, then maybe in the second cycle I should TP with a lower percentage.

After all, market trends are very volatile and traders tend to not always be profitable so greed is never a good thing. Day traders may be more risky, which is why sometimes others prefer investing over trading.

[ScottAllenTVH]

I did the calculation and I can see that the 25years you mentioned will actually be $2.7M in total for the $10,000

That's before you factor in taking out some for taxes every quarter and some to pay yourself. My wife got mad at me for "unrealistic exponential math", so I made a model that included taxes, expenses, and withdrawing some out for pay.

Lets see the screen shot of your trading bot since January.

February 8 will have to do.

https://i.ibb.co/B2kcrnp/3-Commas-DCA-bot-performance.png

The $ amount on it is misleading, because those bots are trading against BTC. Initial investment was 0.3 BTC. The profit on it is 0.0295 BTC, so a little less than 10% - about 13.2% annualized—measured in BTC. So that's 13% alpha against BTC.

I have other more recent stuff doing better than that — that's just the only thing I have to show running that long. And since it's doing so well on the risk management side (pretty smooth curve), I've kept it running.

[Luzin]

After all, market trends are very volatile and traders tend to not always be profitable so greed is never a good thing. Day traders may be more risky, which is why sometimes others prefer investing over trading.

That greed that is difficult to control, it makes us regret it. Because I have been undisciplined and greedy several times. In fact I became a time loss or a loss of money because I mispromised. The trick is discipline, but discipline is also difficult and not everyone can do that.
But not all, I think everyone has their own expertise in how to profit from crypto. Suppose I prefer to trade with fast periods. Although I also invest for the long term.

Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.

The demo account does not give us heavy mental stress, because it is just a demo not a real one. I've done that although it helps a bit but it's very different if using a real account. The most important thing is to use a real account and small funds as a start of practice. Because the best lesson is hands-on experience. 

[tvplus006]

Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.

In any case, using a demo account will allow you to test various trading strategies, assessing the advantages and disadvantages of each of them, as well as on the basis of the acquired knowledge to create your own trading strategy. In this case, you will have an advantage over a beginner, working with real money, which will allow you to save your money.

[LUCKMCFLY]

Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.

In any case, using a demo account will allow you to test various trading strategies, assessing the advantages and disadvantages of each of them, as well as on the basis of the acquired knowledge to create your own trading strategy. In this case, you will have an advantage over a beginner, working with real money, which will allow you to save your money.

I like the use of accounts with fictitious money because not only can you apply trading strategies, but the best of all is that you learn to use the tools offered by the exchange, it is very good because we are always drifting when we operate with real money . money and we don't know how to handle change well and a mistake can mean losing money, and that is something that we must mature, although many people are told not to operate like that, they will, it is impossible the truth, it is only when they lose money that some people really understand and know how to take advice, it's a common thing, but it always happens.

[Sikinkato]

The best trading strategy should be the one that best suits them. Traders should all have effective trading strategies they use. Enhance your understanding of the market and adjust your strategies in a timely manner when problems arise or strategies are found to be unsuitable for current market conditions. Also learn how to manage your money and minimize losses.

[Hamza2424]

Bro i would like to say you are just on the basic Stage then the Movingly Avrage is the best way to Trade daily. Day trading on both loss and profit booking is more safe. Best point is Moving indicator is most easy and most efficient strategy. You can go for the Fear and Greed index too but its not for the day trading.

[Fredomago]

Usually, in order to be confident in the strategy, I first work on a demo account of the AMarkets broker. It really allows me to get more experience.

In any case, using a demo account will allow you to test various trading strategies, assessing the advantages and disadvantages of each of them, as well as on the basis of the acquired knowledge to create your own trading strategy. In this case, you will have an advantage over a beginner, working with real money, which will allow you to save your money.

I like the use of accounts with fictitious money because not only can you apply trading strategies, but the best of all is that you learn to use the tools offered by the exchange, it is very good because we are always drifting when we operate with real money . money and we don't know how to handle change well and a mistake can mean losing money, and that is something that we must mature, although many people are told not to operate like that, they will, it is impossible the truth, it is only when they lose money that some people really understand and know how to take advice, it's a common thing, but it always happens.

When they experienced things, the first hand that will be the turning point that they will seek for more knowledge, if they know how to listen and adjust they will be able to control and have a best practice that will going to fit with the type of traders that they wanted to be, all are good when you start with best practices, using a free account with dummy balance to learn more about how the market works and how will you respond with each market movement is really important for your trading activities.

You should always find time to work with your knowledge and to continue educating yourself with all the factors that may affect how the market will move in the next market seasons.

Changes are always present, but if you have all the tools that you can use to adopt with changes, it won't be hard for you to adjust and continue being profitable from both bear and bull market runs.

[tvplus006]

The best trading strategy should be the one that best suits them. Traders should all have effective trading strategies they use. Enhance your understanding of the market and adjust your strategies in a timely manner when problems arise or strategies are found to be unsuitable for current market conditions. Also learn how to manage your money and minimize losses.

There is no win-win strategy that would allow a market participant to constantly make a profit. Therefore, if some trading strategy brings you profit, you should not completely trust it and you still need to comply with risk management, since at any moment this trading strategy may stop working.

[Fesatmas]

The best trading strategy should be the one that best suits them. Traders should all have effective trading strategies they use. Enhance your understanding of the market and adjust your strategies in a timely manner when problems arise or strategies are found to be unsuitable for current market conditions. Also learn how to manage your money and minimize losses.

There is no win-win strategy that would allow a market participant to constantly make a profit. Therefore, if some trading strategy brings you profit, you should not completely trust it and you still need to comply with risk management, since at any moment this trading strategy may stop working.

True, there are various strategies in trading, I think we have to find a suitable strategy for us to apply ourselves. Because we don't always match the strategies of other people. We have to find our own strategy and understand it for ourselves. There are many people who offer strategies that they use, but not everyone is successful with those strategies. Previously we had to understand the basics of knowledge in the world of trading, as you said risk and financial management we must understand as well as possible.

[South Park]

True, there are various strategies in trading, I think we have to find a suitable strategy for us to apply ourselves. Because we don't always match the strategies of other people. We have to find our own strategy and understand it for ourselves. There are many people who offer strategies that they use, but not everyone is successful with those strategies. Previously we had to understand the basics of knowledge in the world of trading, as you said risk and financial management we must understand as well as possible.

This is a point that is often overlooked by people, just because a strategy is successful in the hands of one trader this does not means the same strategy will be successful in our hands, and this is because even if we can understand why the strategy is the way it is, different strategies have different levels of risk, so if the strategy is too risky for your tastes as a trader then it is going to be almost impossible for you to execute the strategy properly, which will most likely lead you to lose money in the markets.

[martyns]

True, there are various strategies in trading, I think we have to find a suitable strategy for us to apply ourselves. Because we don't always match the strategies of other people. We have to find our own strategy and understand it for ourselves. There are many people who offer strategies that they use, but not everyone is successful with those strategies. Previously we had to understand the basics of knowledge in the world of trading, as you said risk and financial management we must understand as well as possible.

Trading is complex, depending on how one choose to see it, definitely good for the serious ones. In trading, there are several strategies trader can use to implement their trades inother to get gigantic returns on their capital. we should always not copy other people trades because their leverage and lotsize is not what we are going to use for ours, but we can apply their pattern of trade, and execute it when there's still time to open positions. Getting knowledge is also necessary, which where you learn before you earn comes in, there's always time to trade any coin.

[Woodie]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

To be honest, every time this question pops up I usually find it difficult to answer because the word "trading" has several meanings in the world of cryptocurrencies.

In its simplest terms this could simply mean buying low and selling high that's if someone is involved in peer to peer trading of fiat to crypto and vice versa.

Then the other trading that most users refer to involves looking at charts and the alike, & unfortunately there are several strategies out there that can be used and finding your best strategy depends on your character and the alike. And when it comes to trading you can't come in as a half baked trader hoping to be making big profits, it's either you in or you out... Perfect your craft.

[Hamza2424]

Thia topic ia quite old i know that but i have a question on the same topic with current situation as what strategy is going to be now in this panic haha as this is the time to hold hands 22k 18k 22k 18k haha finally this drama is over and now we are 16k 18k 16k 18k lets see how much time to go again to the 22k.

[ShowOff]

Thia topic ia quite old i know that but i have a question on the same topic with current situation as what strategy is going to be now in this panic haha as this is the time to hold hands 22k 18k 22k 18k haha finally this drama is over and now we are 16k 18k 16k 18k lets see how much time to go again to the 22k.

Or maybe $16K - $12K in 2023. In fact the bearish still makes people seem very panicked about releasing their bitcoin. I believe this to be an inner impulse that is not really strong enough to face the market situation so they lose control of their bitcoin. But for anyone who believes, then this is the best opportunity to make a purchase. Make sure DCA is useful, the market will recover.

No drama other than FUD developing, this drop is a bit abnormal for those who are just getting to know bitcoin in the past year.

[jaberwock]

The best trading strategy should be the one that best suits them. Traders should all have effective trading strategies they use. Enhance your understanding of the market and adjust your strategies in a timely manner when problems arise or strategies are found to be unsuitable for current market conditions. Also learn how to manage your money and minimize losses.

There is no win-win strategy that would allow a market participant to constantly make a profit. Therefore, if some trading strategy brings you profit, you should not completely trust it and you still need to comply with risk management, since at any moment this trading strategy may stop working.

Of course, there will be shortcomings of every single project. You cannot just make a profit forever, if that was somehow possible with anything in the world, we would all do it. But as we can guess, it is not really possible and it would require a lot of time and learning and hard times and even losses no matter what you do, just to be a good trader that makes profits most of the time.

That is why it is definitely not something that anyone should aim, accept the losses you get and hope that you will be doing a lot better in the long run. If you can do that, it would be a lot better for you and you could make a lot better results because you would only aim making more profit than the loss you took.

[LUCKMCFLY]

The best method I have used was about hunting pips during news. During volatility you use limit buy and limit sell orders to catch spikes, you can use this strategy for making money in short term but be careful about possible slippage. There is info on forum, just use search function for related threads.

Does that mean you were trading futures? Trading in futures is good, of course I would like to do it with a lot that allows me not to lose much, I only like to trade with the pair of BTC/USD, or BTC/USDT, it seems to me that it is the best, I obviously do any alt / btc when I have the confirmation that Bitcoin is going to go up, very up, at least $100k to get a good leverage, or leverage for my respectable should be 3x up, and 5x down for seeing some profitability is what excites me the most, because when it is like this you can earn a lot, and with the btc market at random when it is fully understood, whoever does not make money is because they really do not like it.

[Fredomago]

The best method I have used was about hunting pips during news. During volatility you use limit buy and limit sell orders to catch spikes, you can use this strategy for making money in short term but be careful about possible slippage. There is info on forum, just use search function for related threads.

Does that mean you were trading futures? Trading in futures is good, of course I would like to do it with a lot that allows me not to lose much, I only like to trade with the pair of BTC/USD, or BTC/USDT, it seems to me that it is the best, I obviously do any alt / btc when I have the confirmation that Bitcoin is going to go up, very up, at least $100k to get a good leverage, or leverage for my respectable should be 3x up, and 5x down for seeing some profitability is what excites me the most, because when it is like this you can earn a lot, and with the btc market at random when it is fully understood, whoever does not make money is because they really do not like it.

Most of those who manage to make money using this strategy invest lots of time in doing their research, we all know how the market works and how risky the market can be in a short span of time, you need to work deep in terms of learning the process and for you to make sure that your anticipated target will be reached after setting your position.

There are investors and traders who are willing to learn and use this pattern though there are also traders who are not a fan of this setup.

[alik111]

Newbies can follow tradingview website to choose correct exchange with a potential pair of crypto to trade and make profits. You can also learn how to analysis by tradingview. Choosing crypto pairs by own is the best way for newbies.

[Rengga Jati]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Hello OP, have you read the various answers from the members here?

What do you mean by trading pairs? It seems, for a beginner, stable coins become an easier choice compared to other trading pairs. You can choose to use USDT, USDC, DAI, or other stablecoins where the value doesn't change much.

In addition, learning the trading strategy is also a basic thing that must be passed, not only regarding what coins to trade but also needing to learn several techniques such as TA and FA. And some other fundamental things such as how to solve problems when dealing with the possibility of the market experiencing sudden changes. Apart from that, one of the most important things is how we are able to control and manage our emotions when carrying out trading activities. We understand that trading carries a very high risk, especially for beginners who don't have much understanding and experience. Therefore, we really need sufficient preparation.

[kzkazu]

As a novice, I have not found a trading strategy that suits me. I am learning and using other people's methods to trade in the forum, but I find that this is not suitable, and I have not made a profit or even a loss from it. So is there a strategy for beginners? What should I pay attention to?

[boyptc]

As a novice, I have not found a trading strategy that suits me. I am learning and using other people's methods to trade in the forum, but I find that this is not suitable, and I have not made a profit or even a loss from it. So is there a strategy for beginners? What should I pay attention to?

As you've said, you haven't found a strategy that suits you. Keep searching and trying other strategies that you may find inside and outside the forum.

I have no other strategy to tell you because I think that it's already the common one and most of us know this strategy. So, if you happen to still in the search for that strategy that will work for you.

Keep on testing and trying it until you find the exact thing that fits you and your style.

[Chainsmokers]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

no strategy is 100% successful because the crypto market is very volatile right now and makes any strategies or indicators seem useless,
I'm sure 99% of whales also didn't think FTX would collapse, let alone ordinary traders would never know about FTX like it is now.
Yes, the best strategy is not to use 100% capital in this crypto world, because of course it will be very risky to be liquidated.

[xSkylarx]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

I am not a professional trader, but I would say that there is no definite answer to this question. as the strategies are very different between you and the one who is advising. You need to have your own strategy that you can easily tweak and understand. This is also my mindset: after I learn the basics, I ask my friends what is the best pair and their strategy. I tried it, but it wasn't working at all. But when I made my own strategy, that is when I started winning my trades.

[carlfebz2]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

I am not a professional trader, but I would say that there is no definite answer to this question. as the strategies are very different between you and the one who is advising. You need to have your own strategy that you can easily tweak and understand. This is also my mindset: after I learn the basics, I ask my friends what is the best pair and their strategy. I tried it, but it wasn't working at all. But when I made my own strategy, that is when I started winning my trades.

There's no indeed answer to this question and with so lots of strategies that we do have or combinations that we could make then there's no such thing about a fix or precise strategy which would really be putting

you at advantage and make you profitable on this market.You cant point out which one because it would be a never ending kind of combination of tools and indicators until you do get a hang of it.

Different strategies on  different conditions and since we know that market does have lots of variations then you would really be need to adjust basing up
into that which means that we do have lots of strategies to be testing out.

[Fredomago]

As a novice, I have not found a trading strategy that suits me. I am learning and using other people's methods to trade in the forum, but I find that this is not suitable, and I have not made a profit or even a loss from it. So is there a strategy for beginners? What should I pay attention to?

As you've said, you haven't found a strategy that suits you. Keep searching and trying other strategies that you may find inside and outside the forum.

I have no other strategy to tell you because I think that it's already the common one and most of us know this strategy. So, if you happen to still in the search for that strategy that will work for you.

Keep on testing and trying it until you find the exact thing that fits you and your style.

The right thing to do is to keep tweaking those known strategy that being shared, what I mean is try to follow the patterns and try to change it in the way that you think you will be compensated, it's not easy as the market is wild, the volatility really gives traders a hard time, even experienced traders can't use a single strategy to fit on this kind of market, though, maybe there are some but not many can predict how the market will behave.

It's a never-ending cycle that you need to adjust yourself, but first, you need to have a good fundamental that you can enhance each time you execute your trade.

[boyptc]

As you've said, you haven't found a strategy that suits you. Keep searching and trying other strategies that you may find inside and outside the forum.

I have no other strategy to tell you because I think that it's already the common one and most of us know this strategy. So, if you happen to still in the search for that strategy that will work for you.

Keep on testing and trying it until you find the exact thing that fits you and your style.

The right thing to do is to keep tweaking those known strategy that being shared, what I mean is try to follow the patterns and try to change it in the way that you think you will be compensated, it's not easy as the market is wild, the volatility really gives traders a hard time, even experienced traders can't use a single strategy to fit on this kind of market, though, maybe there are some but not many can predict how the market will behave.

It's a never-ending cycle that you need to adjust yourself, but first, you need to have a good fundamental that you can enhance each time you execute your trade.

Yes, it's like tests and try all of those strategies until you find the one that's fit for you.

There's always an adjustment and you have to bear with it because it's you that will benefit from it at the end. You don't get discouraged with all of those failures with the trials you do.

But you have to be the most excited person since it is yourself that you're trying to build with all of those strategies until the tweaking is done and you find the best fit.

[maeanne16]

I suggest Qure.Finance (ex. Qooore), where it helps a new generation of investors earn money by following the insights of top-rated financial influencers, allowing them to learn and draw inspiration from their trading styles.
You may subscribe to the best trader in the app.
Some traders also post signals in the discord channel and you can see them without even subscribing.
You may join here https://lnkd.in/gebMVMkE

[BigBos]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Everyone has a trading strategy according to their abilities and understanding of the indicators as a basis for consideration for trading, indeed no strategy guarantees success.
Talking about trading strategy advice will be difficult if you just watch on social media without special guidance or just listen to your friends, even if your friend is successful with the strategy he has created, you may not be able to use your friend's strategy.
This is influenced by factors of knowledge, mentality, targets, and risks taken.
Here I will give you the basic strategy that I usually use:
1. Decide on a strategy to enter
2. Determine the risk/reward ratio
3. Determine the size of the position according to the Stop Loss target
4. Determine the exit strategy or Take Profit
5. Keep journals and notes for evaluation

[bittraffic]

We don't ask about how trustworthy the stablecoin is as long as it's the most used one. The volume of USDT is far bigger than USDC and BUSD, thus we stick to using USDT.

If you have been long enough to notice the Wall Observer thread, the charts have always been in BTC/USDT. This is the currency pair to watch all the time no matter what your trading strategy is.

[QueenVera]

Best strategy for trading is always to have some extra capital in market for crash. When crash happens in market put buying entry and we will have a good profit in future.

This is a very common mistakes that new traders make, there isn't always any reserve to fall back on when the trade didn't go as planned and this is always frustrating. As a trader that wants to make it in the market, you should always have some extra money just sitting around that can come in useful when the trade goes against you.
The market is very volatile and things can swing the opposite direction from your initial prediction as quickly as possible. My best strategy is trading coins when they're still new and hyped. I try not to fomo into the market but also not to miss out on a great opportunities to make some money with new listings..
New projects are very interesting to trade as the price is at its vulnerable moment that can either give you huge profit or send you packing after losing. This project has to be great ones and not the shit coins been hyped all over social media.

[chr1stian12]

Try to learn some trading strategies that will fit for you to get profit and always remember that everytime you make a trade, you'll take risks either you win or lose but that will serve as your own learning .

[sana54210]

Best strategy for trading is always to have some extra capital in market for crash. When crash happens in market put buying entry and we will have a good profit in future.

This is a very common mistakes that new traders make, there isn't always any reserve to fall back on when the trade didn't go as planned and this is always frustrating. As a trader that wants to make it in the market, you should always have some extra money just sitting around that can come in useful when the trade goes against you.
The market is very volatile and things can swing the opposite direction from your initial prediction as quickly as possible. My best strategy is trading coins when they're still new and hyped. I try not to fomo into the market but also not to miss out on a great opportunities to make some money with new listings..
New projects are very interesting to trade as the price is at its vulnerable moment that can either give you huge profit or send you packing after losing. This project has to be great ones and not the shit coins been hyped all over social media.

That’s for "traders" though, that should be emphasized a lot. I mean sure if you are a trader always have a backup cash so that you could fix the things if anything goes wrong. However, if you are a long term investor like me, then it would be wiser if you could end up with something a lot better like investing all of your money into something safe.

Cash is something that loses value due to inflation, obviously if you are trading then you are aiming at trading with a return that is higher than inflation, but if you are investing than you should put all of your cash into investment so that no cash would lose its value to inflation neither, that’s the difference between trading and investing.

[pawanjain]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

From my perspective I think trading on BTC pair is slightly less volatile than trading on stable coin pairs like USDT.
During certain occasions when the volatility is high on USDT pairs I tend to trade on BTC pairs.

[Bhig Daddy]

You still need to be persuaded by yourself that the ideal pattern is the one that works for you, is my advice to you. Work out your approach using what you have read or witnessed, as they say, "One man's food may be turned to poison to the other guy." Without practice, you cannot become better. Don't always hold yourself responsible for your losses; instead, focus on what makes you money. Good fortune.

[martyns]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

From my perspective I think trading on BTC pair is slightly less volatile than trading on stable coin pairs like USDT.
During certain occasions when the volatility is high on USDT pairs I tend to trade on BTC pairs.

To get acquainted with trading also cancel out the test to continue to know the basis of trading. Newbies should pass through the right process, they should be shown the essential PDF that served a very important purpose. The best currency pair is a more stable one to trade with, their volatility doesn't fluctuate like the top coin like Bitcoin in the market. It only takes a very good or a genius to trade on bitcoin with enough courage, and gaining profits daily basis.

[Pandu Geddon]

It only takes a very good or a genius to trade on bitcoin with enough courage, and gaining profits daily basis.

too much if you say that. trading with BTC pairs, usually used for those who know the situation of the BTC market. they want to get more BTC in their trading. not only to profit from trading but also from the pump that BTC will soon do. here you can get more profit. not for someone who is a genius, but for those who are more skilled at trading.
some traders don't like to keep their assets in a stablecoin. While it helps, you should also know that every trader has a plan.

[alik111]

For newbies best strategy will be entering at the bear market for the lowest price and hold it until the market pumps hard. I think this will be a great option to make a good profit. But other trading strategies need more research and more experience in crypto trading.

[cozytrade]

The best strategy is to buy low sell high. You won't find a practical and simple strategy like this but without proper money management, this strategy can be failed. So learn about the most important part about trading first then you can learn about those advanced staff. You can do a demo trade to get used to crypto market's price volatility. There is many platforms that profits that kind of service.

[darewaller]

The best strategy is to buy low sell high. You won't find a practical and simple strategy like this but without proper money management, this strategy can be failed. So learn about the most important part about trading first then you can learn about those advanced staff. You can do a demo trade to get used to crypto market's price volatility. There is many platforms that profits that kind of service.

It is by far the best one, and yet people are selling even today. Just look at the market and see how much bitcoin was sold just today, some of them let’s assume were sold because people had to pay for some stuff, so they didn't just traded but basically they just ended up focusing on paying for stuff with bitcoin, but even if HALF of all bitcoins sold today were because of that, which we all know is not even close, maybe 5% at most, but still even with that the other half means they sold when the market was at the bare bottom.

Buy low and sell high became sell low and buy when it's already high with hopes of it going even higher. That’s literally what most people do.

[Sebas.tian]

The best strategy is to buy low sell high. You won't find a practical and simple strategy like this but without proper money management, this strategy can be failed. So learn about the most important part about trading first then you can learn about those advanced staff. You can do a demo trade to get used to crypto market's price volatility. There is many platforms that profits that kind of service.

Many newbies has used this strategy to became a successful men in the community, which you can also apply it to yourself to buy low and sell when the price go higher in the future. Crypto trading is different from other trading, because in crypto trading you need to follow the due process to buy potential coins that will add income to your incomes in future. I think, carry out your personal research before trading your coins is another strategy that can make newbies to improve well in crypto trading, because those that used their personal research to know when to buy coins to make income, and when not to buy coins not to experience lost in the future are really doing well.

[Fredomago]

The best strategy is to buy low sell high. You won't find a practical and simple strategy like this but without proper money management, this strategy can be failed. So learn about the most important part about trading first then you can learn about those advanced staff. You can do a demo trade to get used to crypto market's price volatility. There is many platforms that profits that kind of service.

Many newbies has used this strategy to became a successful men in the community, which you can also apply it to yourself to buy low and sell when the price go higher in the future. Crypto trading is different from other trading, because in crypto trading you need to follow the due process to buy potential coins that will add income to your incomes in future. I think, carry out your personal research before trading your coins is another strategy that can make newbies to improve well in crypto trading, because those that used their personal research to know when to buy coins to make income, and when not to buy coins not to experience lost in the future are really doing well.

Doing a deeper research give an investor/trader a good time frame to assess if what project to support, and yes, the chance of making good profits is possible if you research and follow the project that you think will make a good movement in the time frame that you projecting that it will proceed, either you are waiting for the value to dump or to pump, if you do your research you can place your position in the right time and in the right place.

Strategy should be continually developed and not just a onetime base on the luck process.

Buying low and selling high is doable only if you understand the market movement and you do the right anticipations.

[mich]

I understand the desire to trade crypto and play the swings but personally I have lost more money on any short trades than holding. For example, even the wins in my early days would pale in comparison if I had just held long because I would have more BTC today.

I understand the motivation for short gains but if you really believe in the technology and crypto hitting over 100k (which it inevitably will) I would just hold long and be grateful you made the right choice in the end.

[gunhell16]

There's no indeed answer to this question and with so lots of strategies that we do have or combinations that we could make then there's no such thing about a fix or precise strategy which would really be putting

you at advantage and make you profitable on this market.You cant point out which one because it would be a never ending kind of combination of tools and indicators until you do get a hang of it.

Different strategies on  different conditions and since we know that market does have lots of variations then you would really be need to adjust basing up
into that which means that we do have lots of strategies to be testing out.

This is correct and I agree with your answer Sir, because of the number of combinations of crypto assets that can be traded any of them we can get a profit.

In short, as long as you get frequent profits on any crypto pairs on an exchange or dex, maybe I can say that this is the best trading earnings, regardless of what trading pairs we trade. Because as you said, we have our strategy in trading activity.

[Fredomago]

There's no indeed answer to this question and with so lots of strategies that we do have or combinations that we could make then there's no such thing about a fix or precise strategy which would really be putting

you at advantage and make you profitable on this market.You cant point out which one because it would be a never ending kind of combination of tools and indicators until you do get a hang of it.

Different strategies on  different conditions and since we know that market does have lots of variations then you would really be need to adjust basing up
into that which means that we do have lots of strategies to be testing out.

This is correct and I agree with your answer Sir, because of the number of combinations of crypto assets that can be traded any of them we can get a profit.

In short, as long as you get frequent profits on any crypto pairs on an exchange or dex, maybe I can say that this is the best trading earnings, regardless of what trading pairs we trade. Because as you said, we have our strategy in trading activity.

It might not be as easy at it is to create a strategy that will continually give you a profitable outcome but Yes, if you can create one and you manage to keep repeating your profitable position then it's good to your investment, strategy will only be classified as the bet once the users are able to gain good amount of profits.

Maybe it will depend to certain time table that you pick and expect, and how you will execute your plan.

Long or short, there's always a winning chance if you know how to react and adjust in every market movements.

[bitgolden]

If you haven't studied enough and still do not understand what you are looking at when you look at a chart and you do not know how to draw a proper line, then you do not have any chance in making a profit in the crypto world. I understand that some people may imagine they are ready for it, but the reality is that they are not ready for it at all.

I think it’s quite clear that too many people traded when they had absolutely no idea what they were buying and why they were buying it, which obviously resulted with all of them losing a lot of money. Just stop trading like you do not care, and start figuring out how to learn to be a better trader in the long run.

[darewaller]

If you haven't studied enough and still do not understand what you are looking at when you look at a chart and you do not know how to draw a proper line, then you do not have any chance in making a profit in the crypto world. I understand that some people may imagine they are ready for it, but the reality is that they are not ready for it at all.

I think it’s quite clear that too many people traded when they had absolutely no idea what they were buying and why they were buying it, which obviously resulted with all of them losing a lot of money. Just stop trading like you do not care, and start figuring out how to learn to be a better trader in the long run.

You mean in the crypto trading world only and not entirely in the crypto world because there are still ways for him to earn a crypto even if he is weak at trading. He can do trading instead or work as a crypto freelancer, and so on. Imagining things, dreaming or day dreaming is not wrong but we should know our limits.

We shouldn't commit it if we have zero experience/knowledge about it but we can practice first. I think the reason why we imagine our selves to become a trader is because we are inspired of the other pro traders and their earnings so we also want to become one. That's good but we shouldn't rush things. We can also get on that level as long as we trust the process.

[stadus]

If you haven't studied enough and still do not understand what you are looking at when you look at a chart and you do not know how to draw a proper line, then you do not have any chance in making a profit in the crypto world. I understand that some people may imagine they are ready for it, but the reality is that they are not ready for it at all.

Sad to hear but this is come reality for some people who tried to push themselves into trading that they never know even the basics. Even we have a positive mindset but if still have lack if knowledge and skill, absolutely impossible to earn money from here.

I think it’s quite clear that too many people traded when they had absolutely no idea what they were buying and why they were buying it, which obviously resulted with all of them losing a lot of money. Just stop trading like you do not care, and start figuring out how to learn to be a better trader in the long run.

We have to focus on learning first rather than earning. It is a big mistake for many traders to underestimate the market volatility and in consequence, they just lose their money (instantly).
Just hope that these newcomers will be able to see the risk in trading and know what they need to earn.
And they should make themselves aware of the situation that not all the time we earn a profit but also to lose money.

[3CommasBot]

Hello,
If you are just starting in the world of trading, you may find it easier to automate your strategies through an algorithmic bot platform, such as 3commas. They have a school where they teach you how to configure trading bots and the moderators are very nice. There is also a community where strategies are discussed.

[Franctoshi]

Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

What could be best strategy for me might not work for you, it's usually best you study the market behavior, understand it and know the strategy that you gonna use which will work for you.
As newbie note, While trading cryptos ensure you deal with coins that has use cases, else you will be a victim of scam projects like Luna and FTX tokens.

[Captain Corporate]

Obviously, it is not going to be that easy to make a profit from this type of stuff, its easy to mistake the current situation and failure of most strategies as problems of the strategies, but the reality is that we shouldn't be making assumptions of any strategies during a bear period. Things that could make you super rich during the bull run, could very well easily fail during the bear run and that is normal because it is the bear run and that is what you get during bear periods, losses. So do not be hopeless about it, just stick to it and I am sure it will make you money when the bull comes, if it fails even at that point, then you can change it.

[Fredomago]

Obviously, it is not going to be that easy to make a profit from this type of stuff, its easy to mistake the current situation and failure of most strategies as problems of the strategies, but the reality is that we shouldn't be making assumptions of any strategies during a bear period.

During bear season, better to save money and if you have decent amount spare then keep on buying with the assets that you believe that will bounce back and possible to reached a new ATH.

Things that could make you super rich during the bull run, could very well easily fail during the bear run and that is normal because it is the bear run and that is what you get during bear periods, losses.

The very reason to be wise not to be aggressive, observe and assess as the market may go further and keep falling.

So do not be hopeless about it, just stick to it and I am sure it will make you money when the bull comes, if it fails even at that point, then you can change it.

Adjust and not to dwell much if you fail with your attempt, learn from it and try to cope up with a better strategy, but be wise and not to be aggressive.