Best Strategies for Trading.

[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