gabbie2010
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October 26, 2022, 11:37:08 AM Last edit: October 27, 2022, 07:05:12 AM by gabbie2010 |
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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
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Yamifoud
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October 26, 2022, 12:14:21 PM |
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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
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deathcode
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October 26, 2022, 02:31:28 PM |
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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.
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AakZaki
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zknodes.org
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October 26, 2022, 07:11:41 PM |
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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.
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Piesel
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October 26, 2022, 08:39:48 PM |
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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.
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Lanatsa
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October 26, 2022, 09:09:50 PM |
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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.
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suzanne5223
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October 27, 2022, 01:43:38 PM |
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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.
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harizen
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October 27, 2022, 02:33:00 PM |
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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.
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_BlackStar
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October 27, 2022, 07:50:59 PM |
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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.
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ThemePen
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October 28, 2022, 02:06:55 AM |
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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.
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Zanab247
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October 28, 2022, 05:51:48 AM |
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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.
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borovichok
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October 28, 2022, 07:01:20 AM |
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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.
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suzanne5223
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October 28, 2022, 08:54:30 PM |
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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.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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Mauser
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October 29, 2022, 06:16:38 AM |
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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.
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Hypnosis00
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October 29, 2022, 10:12:34 AM |
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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.
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sulendra12
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October 29, 2022, 11:08:42 AM |
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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.
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Rockstarguy
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October 29, 2022, 12:39:36 PM |
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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.
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South Park
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 29, 2022, 10:21:11 PM |
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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.
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milewilda
Legendary
Offline
Activity: 3234
Merit: 1154
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October 30, 2022, 09:31:05 PM |
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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.
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qwertyup23
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2022, 11:59:08 PM |
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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.
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