who would you trust?

[Nrcewker]

Different people have different strategies and not all time those strategies work even for you so the ideal is to make your own trading patterns if this is not effective try another until you see the ideal trading strategy in your trading hobby so this makes you more confident at your own risk. Use the paper trading feature in tradeview before executing your positions.

Why to always follow a pattern? This is the main reason for which many traders make mistakes at beginning. You don’t understand the basics and just go after strategies. Whereas, no strategy works the second time. The thing that every trader needs to understand is that, do well research and invest on capacity. Invest what you can afford to lose. Do prior research on the coin, and at last invest in limit. Don’t greed for profits and at start, concentrate on no profit than losses. Hope this helps you mate.

[WatChe]

Different people have different strategies and not all time those strategies work even for you so the ideal is to make your own trading patterns if this is not effective try another until you see the ideal trading strategy in your trading hobby so this makes you more confident at your own risk. Use the paper trading feature in tradeview before executing your positions.

Why to always follow a pattern? This is the main reason for which many traders make mistakes at beginning. You don’t understand the basics and just go after strategies. Whereas, no strategy works the second time. The thing that every trader needs to understand is that, do well research and invest on capacity. Invest what you can afford to lose. Do prior research on the coin, and at last invest in limit. Don’t greed for profits and at start, concentrate on no profit than losses. Hope this helps you mate.

Both of you are correct. Like Peanutswar said, don't go for strategies that are working for others rather make your own decisions. This is the only way to boost your confident. If what is working for others also works for you then everyone will become millionaire by joining the signaling group.
The very common mistake made by new comers is that they jump in the market with huge capital. This is because many think that crypto is a place where you can become rich overnight. if you are new to trading then always jump with capital that you can afford to lose.

[Mahanton]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

Better have not.

Its better that you would be trading on your own and dont tend to be relying into those so called experts and professionals since we are all just the same which we are all speculators.The main difference in here
is about the experience and awareness of the market which it isnt surprising that they would really be able to do better decisions and position making but its not actually that hard to attain those knowledge
for you to make use of your own.I have tested on following someone but it wasnt really that giving good results yet you are really that just relying on them but dont learn something which
isnt i do prefer.So i did trade on my own and do all the things on solo.

[KennyR]

Trading done by someone and trading done by us have got difference. Whenever you prefer to do trading it is good to make your own strategy. The strategy followed by someone doesn't workout for us and the same could lead to loss. So, whenever you're into trading it is good to follow traders, whether it is one who is hot in the market or a traditional trader. Then rather than following them wild taking their suggestions as reference will help to make better trade choices.

[samcoin]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

I see there's no comparison between both of them.
Old reputable traders are supposed to have records of proven successful trades, which is the first thing people look at when they want to follow a trader or want to buy his signals, while new traders will suffer a bit, especially if they have new strategies, because people mostly don't like to be a testing field for a new trader. In addition, new strategies are usually susceptible to losses at the beginning as something might go wrong, because trading for real differs from theoretical trading. We can't compare a man who spent years trading and learning new things with a man who just has a new strategy and needs to test it using other people.

[Bushdark]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

The question her is what does a newbie trader knows about trading? It is just like when two blind persons are following themselves.
We don't have to work with people that have no vision when there are many things we can do to build ourselves and be a better person.
Se persons just think trading is a very easy thing we can start doing and after a while we will start making money just like that. That is not so. Alm I know is that it is beyond our imagination. It is better to follow someone that has experience in trading than to follow those that have to experience.

[GreatArkansas]

(....)
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

This depends but I am more confident about the old trader because this trader will not be able to be still here if they are not a profitable trader at all.
I believe that there are lot of new traders now but the challenge for these new trades are how they will stay to the market especially in cryptocurrency which we all know that cryptocurrency market is very volatile.

[martyns]

Trading done by someone and trading done by us have got difference. Whenever you prefer to do trading it is good to make your own strategy. The strategy followed by someone doesn't workout for us and the same could lead to loss. So, whenever you're into trading it is good to follow traders, whether it is one who is hot in the market or a traditional trader. Then rather than following them wild taking their suggestions as reference will help to make better trade choices.

The only reason why I will follow the traders that are leading is maybe I want to gain experience,but I cannot trust them to the extent of given them my funds to trade for me.Trust is very hard to build this days,because everybody looks likes scam,so it's better to trade by yourselves and see the outcome,than giving it to someone who would not strategies,but to trade anyhow and tell you stories when the money used in the trading will be lost.
But I found out that the main reasons why people give their coin to people to trade for them is because they don't know how to trade.

[AmoreJaz]

Trading done by someone and trading done by us have got difference. Whenever you prefer to do trading it is good to make your own strategy. The strategy followed by someone doesn't workout for us and the same could lead to loss. So, whenever you're into trading it is good to follow traders, whether it is one who is hot in the market or a traditional trader. Then rather than following them wild taking their suggestions as reference will help to make better trade choices.

The only reason why I will follow the traders that are leading is maybe I want to gain experience,but I cannot trust them to the extent of given them my funds to trade for me.Trust is very hard to build this days,because everybody looks likes scam,so it's better to trade by yourselves and see the outcome,than giving it to someone who would not strategies,but to trade anyhow and tell you stories when the money used in the trading will be lost.
But I found out that the main reasons why people give their coin to people to trade for them is because they don't know how to trade.

much better to trust your own instincts. but of course, you can always check the old and new traders' strategies. because those strategies don't mean they are applicable to what you are working on. these days, it is quite hard to trust anyone when it comes to risking your own funds. at the end of the day, they don't care what will happen to your funds. they may give their own techniques or advise something, but it is all up to your discretion if you will follow them or not.

[Xampeuu]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

For me, the one I trust the most is myself, while we can take the trading experience of senior people into consideration for executing trading strategies. but it is from our experience that we can provide a strategy that is suitable for us because it can always be evaluated so that we have knowledge about the will of the market in all conditions. therefore developing your own trading style is very necessary to become a professional trader

[wxa7115]

much better to trust your own instincts. but of course, you can always check the old and new traders' strategies. because those strategies don't mean they are applicable to what you are working on. these days, it is quite hard to trust anyone when it comes to risking your own funds. at the end of the day, they don't care what will happen to your funds. they may give their own techniques or advise something, but it is all up to your discretion if you will follow them or not.

Your instincts can only be trusted if you have demonstrated the ability to trade the markets under pressure and still make profits, too many newbies trust their instincts believing that knowing how to trade will simply come to them once they begin to do it and this never happens.

There is not such a thing as a natural born trader, you need to study, formulate a strategy, test it and once you have a strategy that seems to earn profits you need to try it by actually putting it into practice, and despite how simple it sounds very few newbies go through the trouble of following all of those steps.

[gabbie2010]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

You are in the market to make money regardless of which of the trader you wanted to follow whether it's old or a newbie trader provided that the trading strategy of the hot newbie is consistently making profits just get along with him since his trading strategy is the latest and most updated utilize that opportunity from him and put the strategy in into use to make money as long as the strategy is effective also while learning some skills on the other side from the experienced trader which can very useful in your trading journey in the long run because 'experience is the best teacher'.

[death69]

much better to trust your own instincts. but of course, you can always check the old and new traders' strategies. because those strategies don't mean they are applicable to what you are working on. these days, it is quite hard to trust anyone when it comes to risking your own funds. at the end of the day, they don't care what will happen to your funds. they may give their own techniques or advise something, but it is all up to your discretion if you will follow them or not.

Your instincts can only be trusted if you have demonstrated the ability to trade the markets under pressure and still make profits, too many newbies trust their instincts believing that knowing how to trade will simply come to them once they begin to do it and this never happens.

There is not such a thing as a natural born trader, you need to study, formulate a strategy, test it and once you have a strategy that seems to earn profits you need to try it by actually putting it into practice, and despite how simple it sounds very few newbies go through the trouble of following all of those steps.

Startin out in trading can be a dawnting task, and while instinct can be useful, they should not be the only guide for makin trading decisions. Trust me, I've been in the game for years and know that trading requires a methodical approach that relies on discipline, patienc, and a deep understandin of the market. Rushin in with your gut feelings can lead to disaster. Instead, it's important to develop a solid tradin strategy, test it thoroughly, and refine it over time. Don't let emotions take over, and stay focused even when under pressure. As a pro, I can attest that stickin to these principles is crucial for success in trading. I've made impulsive trades in the past and lost out because of it, but by developing a disciplined approach, I was able to turn things around. Remember, it takes time and practice to become a master trader, but by takin a methodical approach, anyone can succed in the long run.

[Rigon]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

OP answer your question I would say you can consult both. As he is an old man, he has gained market experience for a long time. You can get all information from him. On the other hand, you can also get an idea about trading from a newbie. Remember it never fails to learn something from someone. But learn from there never trade with their given strategy.

Individual strategies should be used first while trading. You should never trade using strategies given by others. Signals given by others are never properly successful. So you will be most successful using your own strategy.

[MFahad]

Individual strategies should be used first while trading. You should never trade using strategies given by others. Signals given by others are never properly successful. So you will be most successful using your own strategy.

You are right that everyone should trade  according to own strategy. while making own strategy if anybody take the help of someone else in basic rules, then I think there is not against learning. One can learn basic learning from old trader because the old Traders has had enough experience and it has been through quite a bit of crypto pump and dump. we cannot ignore new users also because they has some new strategy according to change in market status and by following these strategy one can make a quick profit.
But since every person's earning goal is different and also the money management is different, so making own strategy and trade according to it is much better.

[Kelvinid]

Individual strategies should be used first while trading. You should never trade using strategies given by others. Signals given by others are never properly successful. So you will be most successful using your own strategy.

You are right that everyone should trade  according to own strategy. while making own strategy if anybody take the help of someone else in basic rules, then I think there is not against learning. One can learn basic learning from old trader because the old Traders has had enough experience and it has been through quite a bit of crypto pump and dump. we cannot ignore new users also because they has some new strategy according to change in market status and by following these strategy one can make a quick profit.
But since every person's earning goal is different and also the money management is different, so making own strategy and trade according to it is much better.

That seems true, learning isn't magic but indeed it takes time, and of course, it was easier for us to have someone that could teach us personally. Learning alone is impossible. Like to say that we are learning from YouTube, yet it was still learning from another person. It means that all we have learned is coming from experienced traders and from their strategy, we make our own.

Though we have different strategies applied in trading, still our goal is the same and that is to earn profit.

[Strongkored]

Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

You should not trust anyone in your trading activities except trying to gain knowledge from trading experience from that person, learning from the experiences of people who can be said to be quite experts will add to our knowledge but when it comes to making decisions it is only done based on the knowledge we understand instead of trying to follow the strategy of that person

[inthelongrun]

I don't just simply trust anyone especially those gurus that are asking money for their secret lessons. Most likely these gurus asking for money aren't really earning in the market so they want to milk their trading knowledge which is actually non-guaranteed otherwise they don't waste their time on pay-to-learn schemes. It's been also proven over time that indicators don't work for long. Some indicators work in bullish or bearish periods and then suddenly it will stop working. If an experienced trader and a new hot trader are giving lessons for free then I will listen to both but we should also DYOR.   

[Inwestour]

I don't just simply trust anyone especially those gurus that are asking money for their secret lessons. Most likely these gurus asking for money aren't really earning in the market so they want to milk their trading knowledge which is actually non-guaranteed otherwise they don't waste their time on pay-to-learn schemes. It's been also proven over time that indicators don't work for long. Some indicators work in bullish or bearish periods and then suddenly it will stop working. If an experienced trader and a new hot trader are giving lessons for free then I will listen to both but we should also DYOR.   

The cryptocurrency market is very volatile, and a trader needs to be very careful in order to be able to correctly analyze all the indicators. perhaps these teachers understand something and can teach you some basics, but the ability to quickly respond to the market and make the right decisions in time is a skill that every trader must develop in himself, it is unlikely that you can be taught this.

Now there are a lot of free lessons available, and I see no reason for a beginner to immediately buy paid lessons if they have not yet tried to figure out at least the basics on their own. Perhaps it makes sense to buy a lesson in some area where it is very difficult to figure it out on your own, but a forum where people with experience can share their knowledge can help.

Learning by yourself will be more difficult and possibly longer, someone is not very disciplined and self-education for such people is a difficult task, but if you do not have discipline, then trading will be very difficult for you.

[AbuBhakar]

I don't just simply trust anyone especially those gurus that are asking money for their secret lessons. Most likely these gurus asking for money aren't really earning in the market so they want to milk their trading knowledge which is actually non-guaranteed otherwise they don't waste their time on pay-to-learn schemes. It's been also proven over time that indicators don't work for long. Some indicators work in bullish or bearish periods and then suddenly it will stop working. If an experienced trader and a new hot trader are giving lessons for free then I will listen to both but we should also DYOR.   

I prefer to study alone and watch online tutorials as well read trading books, there are times that I will try their settings and advices and see the outcome by myself and if it’s worth it, we need to try it for ourselves the different method and strategies to see whether it’s working on us or it gives us a good profit. It’s good to seek advice but not to fully trust and rely on it since some strategies may work in them but not in us. We need to find which method suits us well.