Advice for newbies

[tjtonmoy]

I know the rules of game and i make all the moves according how the big guys and big funds moving.

You are talking about rules, and you are the one not following it. You should never follow others in order to make your own decision. Copying others does not give you success. In the long run, you become dependent on them. In this process, you will lose your own free will, and you are most likely to get emotional in certain situation. Following the big guys is not always a good idea. Let me explain that for you. The key difference between you and the big guys is assets. They use higher value, while a newbie will use less than that. And your and their plan will still remain the same, but the profit/loss value will have a big difference. In order to reach their position, newbies will use higher leverage and eventually lose instead of making profits.
 
Then there's market sentiment. If you follow big coins and stick to it, then it's all good. But the moment you choose other options, you are in a risk. Many people think that all the other ALTS are connected with bitcoin, which is completely false. Some ALTS moves in the same direction as bitcoin because of market sentiments. If you try to make any connection between ALTS and Bitcoin, it's not possible. So choose wisely. There aren't any certain rules when it comes to funds. The market is uncertain and anything could happen at any time. That's a risk you need to keep in mind all the time. Just because you follow some rules, and they have worked for you in the past, doesn't mean that it will work all the time. Depending on the market condition, rules changes, and you need to create your own rules if you really want to succeed in this platform.

[KingsDen]

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

I'm sure it's not that easy, because what you suggest certainly requires an extraordinary focus on media or anything related to your market and assets. it may only be done by those who do day trading. but I still don't really believe merchants will put too much thought into it all.
after all how to see whales with big capital move their money? if the odds find out, I think we'll be too late in following a trading situation that might just go by too fast.

Those information mentioned  above and even more are not easy to get. Most of them are not gotten by reading charts or by fundamental analysis. It requires more efforts which includes financial commitment to be able to have those classified information at your disposal.
You may know how the market moves when the whales join, but then you may wait for ever and the market movers won't enter the market. Maybe, whe  you wish to sleep for some minutes, the manipulation would be done and dusted and you will only see the evidence in the chart.
But anyone with classified information would be informed when likely the market movers will join the market and being preinformed, he will be proactive.

[Fivestar4everMVP]

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

I want to believe this advice is specifically for day traders, well, another thing which I personally think is very important is that, aspiring day traders, that is newbies, should know that day trading is not for everybody, you gotta know if trading is what you really wanna do for the love of it, or whether frustration of live is what is pushing you into day trading solely to earn money - then watch it carefully, day trading can make or break you in matter of seconds, most especially for those trading the futures market, futures market is one reserved for already well established and professional traders, do not as a newbie ever go into trading future, you will get burnt out even before you realize what is going on.

[lalabotax]

in crypto, we don't only learn about crypto and how crypto works, how the market might change, and all aspects related to crypto and trading knowledge. Because trading is actually a complex thing. It's not only about how to take profits, but it's also about things how to manage the risks and your emotions during trading. For newbies, they may not really consider how important the knowledge about risk and emotion management actually is. Trading is high risk, once you cannot manage your emotions, it means ending for all. But, as long as you want to learn about them all, it will be more okay.

[jeraldskie11]

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

You are a equally a newbie as well, so I believe you also need this advice, and your post doesn't seem to be conveying a message; it lacks proper detailed information because it sounds like you are speaking with an experienced trader. It should have been well explained and broken down as if you were demonstrating to novices how to understand the fundamentals of trading, rather than something like Wall Street and the Fed without further explanation.

There are basic rule for every trader, and that is what I think any newbie needs, not this big thing you are calling, is that they can start from there, and when the time comes, as they spend more time in the trading space, they will understand the game better, how to win with the big traders, and likewise, Wall Street's effects on the market.

Wall Street matters on macro scale more but If we talk about shorter time frames like day trading TA indicators needed like moving average specially the sync of YELLOW AND PURPLE LINE Over the chart

Whatever type of trader you are, whether a day trader, scalper, or swing trader, it is always best to study the macro time frame to identify what the trend so that in the lower time frame you will know what position you're searching for, a long position or a short position. Moving averages are useful, but they are a little sluggish in my opinion because they just tell you what happened in the preceding candlesticks. Aside from that, we may alter the color of the moving averages based on your preferences, thus I believe the number of MA is better.

[WhyFhy]

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

Care to elaborate a bit more on what you mean by "knowing their rules of the game" and how you track the movements of big funds and institutions? I'm all ears!

[Tony116]

~snip~
FIRST, do you Even know what exchangers whales use ?
I know and i watch them but off course i don't give out this info for Free.
If i tell everybody what i know then how i can be special anymore ?
If you go to School you pay for it you take course u pay for it.
I did get for free all this knowledge...so off course i cant share this knowledge for Free either.

^I smell not good in here, the weather changed when I was reading this at the end.
So tell me, what are the advantages if we know the trading exchange that is used by the whales? All I know is that an exchange that has high liquidity and is very popular will commonly use by the whale. You are giving advice but you are trying now to sell the information you had that I don't think is important in trading. Remember that whales are different from a pump and dump group which I think you need to clarify first.

Tell me I'm wrong, I get the feeling he's trying to sound like a great, wise man and is about to sell some knowledge if anyone is curious about what he's talking about.

OP, I don't care what knowledge you have, where and how you got it. But if you consider yourself someone who knows very well what whales are doing, and how the market works...Can you provide some of the results you got from investing in bitcoin? I don't care much about someone's knowledge and experience, what I care about is the results they achieve. You may know more things than we do, but if your result doesn't make money, or doesn't produce breakthrough results, then all is useless.

[Ricardo11]

First of all you should continue to do good research on trading, until you get a complete understanding of trading. You should exercise utmost caution while trading. Initially you need to start trading with a small amount of Tawhbil so that you can gain full experience of trading. This will make you more alert. And later you will be able to trade better. Which will greatly reduce the risk potential of your trading. But if you can hold it for a long time, it can become more profitable for you.

[Bitcoin_people]

There are many things that beginners need to know when they are first introduced to crypto. To start trading a newbie needs to gain good experience in trading. It is important to know when the market will be hyped and when it will be down this strategy. A new trader can benefit from trading only if he can analyze the market in detail. First of all, there is always risk in trading, in which case you should start investing with a small amount of money so that you do not lose much money if the market position is bad. However, new investors should analyze the market in such a way that they can reach a good position in the future. And it is necessary to take advice from a knowledgeable and experienced person before trying.

[Fuso.hp]

There is no need to take so much pressure from the beginning for those who are new to the forum, they should try to learn and learn slowly over time. To know and learn something from forum one must spend time in forum. If I rush to learn then my learning will never be complete. To learn every task well, time must be spent on that task. Newbies should try to learn the basics of the forum first. Knowing will not be so difficult for newbies as the forum is well organized where each topic is arranged separately so whoever needs to know can easily find the topic. Just as there is a separate section for Bitcoin, there is also a separate section for Gambling or Economics, so anyone who needs to know about it can easily find out about it.

[sysoe]

Just do the "Inverse Cramer" strategy, which is doing the exact opposite of what Jim Cramer says, and you'll be fine.

[MFahad]

First of all you should continue to do good research on trading, until you get a complete understanding of trading. You should exercise utmost caution while trading. Initially you need to start trading with a small amount of Tawhbil so that you can gain full experience of trading. This will make you more alert. And later you will be able to trade better. Which will greatly reduce the risk potential of your trading. But if you can hold it for a long time, it can become more profitable for you.

initiate trading with little amount and not forget that this less amount is just for wisdom not to get profit so in this case if unfortunately you don't get what you wants then you will not be discouraged. Most of the people discouraged at start and stop to continue the journey of success because they cannot bear loss and I think to bear is to get success.

I want to tell you that if you get involved in some field so remember that you will face problems, sometimes you will attain and sometimes you will learn. Learning is not a tough but if person is interested because if someone is telling you each and everything about success and you are not interested then you will never be able to get victory.

[RewFrew]

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

You told appropriate for newbies at first need knowledge about cryptocurrency market. It is most important things for newbies. Newbies are need to know about rules how to buy, sell, trade and play game etc. If anyone who are new in this market follow this things he will be profitable from this market. So my advice for newbies please learn more and more about cryptocurrency market, cryptocurrency exchanger and operate that exchanger. If you follow this properly then you will be successful from this market.

[WatChe]

There is no need to take so much pressure from the beginning for those who are new to the forum, they should try to learn and learn slowly over time. To know and learn something from forum one must spend time in forum. If I rush to learn then my learning will never be complete. To learn every task well, time must be spent on that task. Newbies should try to learn the basics of the forum first. Knowing will not be so difficult for newbies as the forum is well organized where each topic is arranged separately so whoever needs to know can easily find the topic. Just as there is a separate section for Bitcoin, there is also a separate section for Gambling or Economics, so anyone who needs to know about it can easily find out about it.

There is lot of material available on this forum which can help new comers in understanding crypto market from scratch to expert level. To get yourself familiarise with this forum one need to spend time. If you rush you won't be able to get to understand what's going on here. Just stay focused and stay consistent, that's the key to success not only in crypto but in every trading.

[Japinat]

How about keeping it simple, but when there is dip or buy when you have funds for it or buy using the DCA method, hodl for long and sell off when your profits target is reached.

I believe this tips is much easier and safer for newbie coming into cryptocurrency just for investment purposes. The only reason for going into deep crypto learning is when you want to be a regular trader. Because you need those knowledge of technical analysis and fundamental analysis

That is the most basic strategy when it comes to hodling crypto, buy low and sell high. If you stick to it, you will still be profitable in due time. However, if you decide to be more profitable by engaging yourself in trading, well you have to knowledgeable and skillful at the same time. And by being good in technical analysis, which I think is very important when you trade, you will have an advantage in trading aside from those mindset and attitude that a good trader should possess.

[Marykeller]

That's true but you might end up buying the dip of the scam coin.
It takes little education also how the SEC moves their rules and regulations so you can better avoid loss later.
Crypto is not just crypto it has a lot other aspects related to crypto.

Sorry I had to generalized it by using the word Cryptocurrency but my suggestions on holding for long and the rest are just on bitcoin. It is very risky to have Alticoins holding for very long, there are more or less just pump and dump coins that are meant for short term trading

Op wasn't even specific in the starting topic. He neither mentioned cryptocurrency nor bitcoin. But when such emphasis are not given, it is safe to assume it is bitcoin. And the most friendly coin for any newbie coming into the crypto space is bitcoin.
Even as old as I have been in the market, I do not bother myself to know when and how the big boys (the market movers) enter the market. I have not interest because I am not a day trader, neither I'm I planning to be a whale .
My best strategy is to buy and continue to buy with DCA until bitcoin is upto $50k, I'll stop and once a new ATH is recorded, I am selling off. I won't be among those who are going to enjoy bitcoin @ $100k

I was hoping to read a thorough explanation of what newcomers should know about the crypto market and what guidance should be given to help them navigate the market. I don't know that the OP had a jargon of words that had no context or understanding.
The situation is made worse by the fact that OP does not know how crypto functions and still wants to offer advice to newbies.

I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

What's OP saying here? This sounds confusing and somehow hilarious at the same time

[BD Crypto]

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.

I think this is just a very poor content which have really nothing much important or valuable to learn but he added title to attract users.

If you really want to advise newbies when you are also a newbie you should make it meaningful by adding some detailed information. This looks funny because a newbie pretending others as a newbie and advising when he need to learn. If you don't know the market situation and all related factors you will not be a able to make your own position strong. So just browse forum posts and constructive articles to get more informative posts or to learn something what you need. This post is just like a very common motivational post to me which should have added more informations.

[mvdheuvel1983]

My best advice for newbies is to understand the importance of a good foundation and learning momentum trading. Everyone has a weakness, and you must identify your weakness, or it will wreak you. Most important your target at the start should be to develope a trading method which is essential to avoid overtrading. If you are able to develop some competence the rewards, you'll reap will be profits. Any day you are experience stress in trading you need to look at your trading psychology and be able to know how to manage your emotions.

[xSkylarx]

How about keeping it simple, but when there is dip or buy when you have funds for it or buy using the DCA method, hodl for long and sell off when your profits target is reached.

I believe this tips is much easier and safer for newbie coming into cryptocurrency just for investment purposes. The only reason for going into deep crypto learning is when you want to be a regular trader. Because you need those knowledge of technical analysis and fundamental analysis

That is the most basic strategy when it comes to hodling crypto, buy low and sell high. If you stick to it, you will still be profitable in due time. However, if you decide to be more profitable by engaging yourself in trading, well you have to knowledgeable and skillful at the same time. And by being good in technical analysis, which I think is very important when you trade, you will have an advantage in trading aside from those mindset and attitude that a good trader should possess.

It seems easy to say buy low, sell high, but a lot of people lost tons of money doing this because others thought that it was already low but it went deeper and they sold off. Others also kept waiting for the lowest price or dip but turned out to be left behind. That is why it is better to be knowledgeable first and not expect that just by buying low and selling high you'll gain more profit. That is why others are engaging more in holding for a longer period of time as they are sure that they can earn profit from it.

[Jody.Drummer]

How about keeping it simple, but when there is dip or buy when you have funds for it or buy using the DCA method, hodl for long and sell off when your profits target is reached.

I believe this tips is much easier and safer for newbie coming into cryptocurrency just for investment purposes. The only reason for going into deep crypto learning is when you want to be a regular trader. Because you need those knowledge of technical analysis and fundamental analysis

That is the most basic strategy when it comes to hodling crypto, buy low and sell high. If you stick to it, you will still be profitable in due time. However, if you decide to be more profitable by engaging yourself in trading, well you have to knowledgeable and skillful at the same time. And by being good in technical analysis, which I think is very important when you trade, you will have an advantage in trading aside from those mindset and attitude that a good trader should possess.

It seems easy to say buy low, sell high, but a lot of people lost tons of money doing this because others thought that it was already low but it went deeper and they sold off. Others also kept waiting for the lowest price or dip but turned out to be left behind. That is why it is better to be knowledgeable first and not expect that just by buying low and selling high you'll gain more profit. That is why others are engaging more in holding for a longer period of time as they are sure that they can earn profit from it.

It seems easier to digest and indeed this is a very general basic trading principle. Now, I see that there are lots of beginners who are fooled by the market when they want to start an open position, when they have made the decision to open a down position but after that the nature of the market is immediately different, they open a down position and then the market moves up, and vice versa when they open a position go on. Under such conditions, many traders experience frustration because they see market movements that they think are always contrary to their predictions, and then after that many of them unconsciously trade based on emotion. Well, in conditions like this, it's important for us to have good psychology, learn to accept the risks of the decisions we make and start correcting the mistakes that made us suffer losses. Problems like this are experienced by many beginners and only a few of them are able to get past it, myself included. I agree, trading using fundamental analysis seems to be able to help a little.