Best Strategies for Trading.

[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.

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[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.