ScottAllenTVH
Newbie
Offline
Activity: 11
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2022, 05:55:42 AM |
|
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
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2828
Merit: 344
win lambo...
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2022, 09:59:33 PM |
|
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
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2022, 10:35:22 PM |
|
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.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
bitgolden
Legendary
Offline
Activity: 2912
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 08:41:40 AM |
|
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.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
ScottAllenTVH
Newbie
Offline
Activity: 11
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 03:24:53 PM |
|
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 yearsThat'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
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 03:57:46 PM |
|
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
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 04:02:59 PM |
|
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
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 04:56:28 PM |
|
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.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
Fredomago
Legendary
Offline
Activity: 3080
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 05:05:57 PM |
|
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.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
electronicash
Legendary
Offline
Activity: 3192
Merit: 1054
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 05:56:03 PM |
|
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
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 07:00:56 PM |
|
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.
|
🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
|
|
|
$crypto$
Legendary
Offline
Activity: 2478
Merit: 1059
Smart is not enough, there must be skills
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 08:38:59 PM |
|
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.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 09:30:29 PM |
|
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
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2310
Merit: 359
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2022, 10:18:23 PM |
|
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
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 05, 2022, 09:16:03 AM |
|
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
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 05, 2022, 11:13:04 AM |
|
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.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
ScottAllenTVH
Newbie
Offline
Activity: 11
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 07, 2022, 05:56:28 AM |
|
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. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) 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.pngThe $ 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
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 07, 2022, 11:50:29 AM |
|
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.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | | | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
Hero - Legendary Member Quote from: Hero - Legendary Member R ▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████
|
|
|
tvplus006
Legendary
Offline
Activity: 2408
Merit: 1842
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 07, 2022, 04:09:25 PM |
|
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.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
LUCKMCFLY
Legendary
Offline
Activity: 2520
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 07, 2022, 09:52:21 PM |
|
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.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|