how to trade short term in crypto,,

[Awan putih yang cantik]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

[Oshosondy]

Learn about trading risk management, it is the most important.

Learn more about trading strategies, they are the most important in trading. Risk management is part of the strategies.

Learn about how to read candle stick, it is simple

Learn about indicators like MA, EMA, RSI, BB and some others that you have interest in

Use only the amount of money you can afford to lose to trade.

Register on site like Kucoin or Binance and check their video trading guides.

[Maus0728]

I apologize for bursting the bubble, but trading will likely cause you more harm than good, given that you are new to cryptocurrency, unless you have prior experience trading forex, stocks, or other speculative markets.

Because if there aren't any, learning about bitcoin and the risks that come with it should be your utmost priority over trading at the moment.

[salad daging]

You have to learn first and be prepared to lose money at first because indeed it will make a lot of mistakes to happen if you start in short term trading and always use small money to start so that when you lose it won't be stressful for you at first.

What @Oshosondy said was enough to get started, but here I will provide a step-by-step guide for novice traders represented by ratimov, maybe this thread will be useful for you as a beginner to start with.

[1] Step-by-Step Guide for Beginner Crypto Traders

[Jody.Drummer]

Learn about trading risk management, it is the most important.

Learn more about trading strategies, they are the most important in trading. Risk management is part of the strategies.

Learn about how to read candle stick, it is simple

Learn about indicators like MA, EMA, RSI, BB and some others that you have interest in

Use only the amount of money you can afford to lose to trade.

Register on site like Kucoin or Binance and check their video trading guides.

Yes, what you said is correct, this is the first step that must be taken if you want to start short-term trading. But I would say don't get your hopes up with this short term trade, especially if you are a beginner it can be really difficult.
To be honest, I prefer to make long-term investments only, and in the meantime you can learn and continue to hone our skills to better understand what short-term trading is all about with all the risks.
Oh yes, you should try it using a demo account first before trying it with real money.

[kamvreto]

Your initial goal is wrong, because you only ask to continue to profit. Meanwhile, you are still new and need to learn how to trade properly. Trading in crypto is not easy and requires continuous learning.
To be able to master crypto trading requires knowledge of technical and fundamental analysis. Then if you ask about how to make short-term trades in order to get big profits, then you need to learn technical knowledge first. Read every candle movement and be able to make market predictions. and besides that the capital you use must be enough to be able to provide many benefits. If you only have $100 capital and want to continue to profit, be aware that trading is not gambling.

[YOSHIE]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

Crypto trading methods such as: Futures, margin is a short-term trading method, you can trade with the open long and close menu or take-profit and stop-loss features.

You should never make short trades, if you do not understand correctly or are accompanied by experts in short trading, otherwise you will incur real losses.

It takes days sometimes months for someone to want to learn and do short term crypto trading, in short trading the risk of loss is huge, remember, trading knowledge is very important.

[palle11]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

Always remember there is no guarantee to profit both in short or long-term trading. Therefore, there is no fast role about making profit in trading. My advise is you need to learn and follow the simple techniques about trading which are:

1.Taking lower risk by using low leverage

2. Don't be greedy

3. Don't over stay in the market especially when you are making profit because taking profit is better than losses.

4. Don't rely on telegram group because they will end up feeding with the fees charged from you.

[Rigon]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

To start trading, first you need to know all the rules and strategies of trading. Must have the ability to lose. If you don't know all these tricks, you can never be profitable from trading platform. Always remember to buy if the market is dumping and sell if there is a little pumping. Thus 5% to 10% profit is sufficient. One should never covet too much. If you make more profit, you are likely to lose your business.

[hugeblack]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

You will listen to a lot of comments and guidance, but you will not achieve profits in the long term, given that you are a beginner and feelings will control you. The best strategy for you is Dollar Cost Averaging (DCA), which means buying bitcoin at a specific price every fixed period of time, thus avoiding the problems of ups and downs, but it is a long-term strategy.
Therefore, learn more, and therefore in demo trading, it is best to gain experience and from which you can trade daily.

[Awan putih yang cantik]

thank you for the comment which made me understand more about short term trading and indeed I have to learn more before starting short term trading.

[Maus0728]

If you're really serious about getting into trading, you can learn the majority of the fundamentals here[1], but that doesn't mean you'll start making money head on; in fact, you'll probably lose more than winning.

Also, there's this subreddit that has the most comprehensive guide when it comes to day trading.
- https://www.reddit.com/r/RealDayTrading

[1] https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

[Fivestar4everMVP]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

As a crypto newbie, if you are looking for ways to become rich overnight through crypto currency trading, you better have a rethink, there are no cutting corners when it comes to trading cryptocurrencies, you either follow the due process to learn how to trade or you end up losing all your money..

If you want to earn profit through trading cryptocurrencies, give yourself the time needed to learn, put in the effort required to gain trading knowledge, all this will not happen in one day to even a month, you to give yourself enough time to learn everything that is important to guarantee good profit from trading, so be ready to sacrifice time and resources to learn, if you don't do it, you will just end up gambling your money away.

[Bobrox]

Short term is my favorite trading and I try how to earn profit consistent every day without have to be long term holding, I don't think easy way how consistency earn profit with short term due need waiting until reached support or drop price for buying. Need extra patience if want to be short term trading in cryptocurrency because up and down drastically not happening in one day.

Usually have extra working and finding new update about new coins listing for potential earn profit trough short term trading, for potential altcoin like BNB, LTC and ETH seems little difficult for earning profit with short term trading.

[Nrcewker]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

Short term trading is always risky. I am not here to frighten you my friend. But whatever I am saying is from personal experience and knowledge. In short term trades, in order to make more profit, you increase the risk in take and therefore the chances of getting loss also increases. As a newbie it’s always advised to get knowledge about trading. Then track the market for some time and at last use the money at right place. As a newbie your first objective should be to avoid losses, not to make profits.

[$crypto$]

Your initial goal is wrong, because you only ask to continue to profit. Meanwhile, you are still new and need to learn how to trade properly. Trading in crypto is not easy and requires continuous learning.
To be able to master crypto trading requires knowledge of technical and fundamental analysis. Then if you ask about how to make short-term trades in order to get big profits, then you need to learn technical knowledge first. Read every candle movement and be able to make market predictions. and besides that the capital you use must be enough to be able to provide many benefits. If you only have $100 capital and want to continue to profit, be aware that trading is not gambling.

A beginner who wants to trade in the short term continues to want continuous profits, so this is clearly greed at the beginning, where the value of the currency is only profits.
Even though many people have given how to trade in the short term plus the techniques are given, that alone is not enough, there must be an experience that makes him understand even more, including analytical and fundamental techniques that must be prepared, I think this learning will take a long time to understand how to take short-term profits with our own techniques and that all must be done alone without looking at others.

[jeraldskie11]

Short term trading is same with day trading, scalping. By the way, I am a day trader, you only take a couple of hours to gain profit. If you want to trade short term, you have to get successful mentor who trade short term, and I suggest to read books on how to use Price Action, Candle Sticks, and Indicator. I didn't suggest to watch YouTube because there's no advance lessons in it and it's incomplete. You should learn also in psychology because it's very important in trading.

[martyns]

Short term trading is same with day trading, scalping. By the way, I am a day trader, you only take a couple of hours to gain profit. If you want to trade short term, you have to get successful mentor who trade short term, and I suggest to read books on how to use Price Action, Candle Sticks, and Indicator. I didn't suggest to watch YouTube because there's no advance lessons in it and it's incomplete. You should learn also in psychology because it's very important in trading.

Trading day to day is only profitable if one hits the day's best entries. Instead of waiting for a lengthy candlestick before making a profit, scalpers take advantage of short candles. Trading in the short term is rewarding, but timing is difficult because trading positions are constantly being opened and closed. Scalping is the ideal strategy for short-term trading; if used improperly, it can result in losses as well as profits. Price movements are only effective on the short-term market, making it possible to profit daily on open bets.

[teosanru]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

Learn trading. That's the only way to earn short term in crypto. Be proper trader by getting grip of good charting patterns and indicators not only this make sure you make one favourite pair and trade on that only, you'll come to know how that coin behaves in particular situation. This is the one and only way to become profitable short term, this also you'll be able to reach after a lots of hit and trials only.

[tvplus006]

I'm still new to crypto, but I want to ask you all, how to trade for the short term in crypto, so that our continue to be profitable..?

Short term trading requires certain skills and knowledge, and is usually used in futures. But futures are exactly what a beginner should not do, since this will necessarily lead to a quick loss of the deposit. And there is no need to rush with spot trading, try to get knowledge first, otherwise it will be difficult for you to make the right decision.