Alpha Marine
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December 16, 2023, 09:12:00 PM |
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I was zero knowledge with crypto trading but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.
You're giving people advice on trading which is quite good advice from a certain perspective but at the same time, you're misinforming people. A 90% profit success is so hard to believe. I can even go out on a limb and say it's not true, but I'm going to assume there's some truth in it, what do you feel the impact of this would be on newbie traders? The points you gave are good, but only them can't make you a successful trader. So if a newbie sees such a post he'll believe he can truly have a 90% success rate in trading without proper skills and experience which would only lead them to more losses.
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Kelward
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December 17, 2023, 12:55:08 PM |
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Or do not trade at all with funds you cannot afford to lose if you have zero trading knowledge for a start, until you learn how to trade. How about that? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) One can't use all those techniques if they have zero trading knowledge, or they will make some very serious mistakes. I have been there too when I was a learner. This will be a good advice for newbies to start their trading journey with an amount they can afford to loose as trials, then gradually begin to increase their knowledge about numerous technicalities that comes with the job. Trading is quite difficult because even the professionals with there experiences of fundamental and technical analysis still lose in trades. So what OP said should be in order, traders should avoid greed and cash in when they make relatively small profit, because they might lose everything in the process of waiting for a huge profit, also to wait for negative news that can affect price to go low before trading.
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libert19
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December 17, 2023, 02:01:15 PM |
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>> When you see the price increasing very quickly in a very short period of time and there are posts and discussions everywhere including social media that the price will increase, then refrain from catching any buys and trades and investigate the reasons for the price increase.[/b]
I second that. Have fallen victim to this quite a few times, despite being aware that it's just fomo, sometime emotions just over-rule you. On second note, it's perfect time to sell if you are holding that particular asset.
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tvplus006
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December 17, 2023, 10:33:04 PM |
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...I was zero knowledge with crypto trading but Belive me my 90% trade was successfully profit gainer with just maintenance following technique. ..
Your three recommendations will not be enough for a beginner to trade with profit. Without knowledge and experience that cannot be bought, you will not be able to trade. And even those who have knowledge and experience also make mistakes, since the cryptocurrency market is not predictable with 100% accuracy.
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lombok
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December 17, 2023, 11:23:29 PM |
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I was zero knowledge with crypto trading
This is impossible, you have to learn the basics like how you should buy and sell, different types of trading. Two of your three points seem to direct people to look at coins' performance from the fundamental side. You're inadvertently using this type of analysis, which is good for spot trading with longer time frames. Long term investment type? Maybe this is the most comfortable and relaxed trading, with minimal knowledge as you mentioned, this is more than enough. However, it needs to be emphasized that knowledge or knowledge in the realm of investment, analysis, trading is important to support the smooth running of trading and investment. Lazy or uninformed = loss.
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mirakal
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December 17, 2023, 11:25:14 PM |
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If you have zero knowledge in trading, then you wouldn't be able to know even how to start trading. Once you struggle on your first trades, most likely it will also end up as a failure, and you will definitely lose your capital.
But when you say you have only prior knowledge in trading and still gaining experience how to make a successful trades, most likely there are still chances to make your future trades profitable. That is, if you also learn from your first mistakes and losses in trading.
Trading needs skills and strategies to make it work and succeed. That's why you have to work on it everytime you decide to trade, so that the rate of chance to succeed will continue to grow and increase.
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South Park
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December 22, 2023, 10:56:48 PM |
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...I was zero knowledge with crypto trading but Belive me my 90% trade was successfully profit gainer with just maintenance following technique. ..
Your three recommendations will not be enough for a beginner to trade with profit. Without knowledge and experience that cannot be bought, you will not be able to trade. And even those who have knowledge and experience also make mistakes, since the cryptocurrency market is not predictable with 100% accuracy. Those trying to reduce trading to a few tricks and tips are destined to fail, trading is such a deep subject that there are thousands of books written by experts and I am sure you can always learn something new from each one of those books, so it is too reductionist to think that those that do not know anything about the market can become incredibly successful by just following a few paragraphs worth of instructions, when in fact months or even years of study are needed just to have a chance to become successful.
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mirakal
Legendary
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December 22, 2023, 11:58:56 PM |
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>> When you see the price increasing very quickly in a very short period of time and there are posts and discussions everywhere including social media that the price will increase, then refrain from catching any buys and trades and investigate the reasons for the price increase.[/b]
I second that. Have fallen victim to this quite a few times, despite being aware that it's just fomo, sometime emotions just over-rule you. On second note, it's perfect time to sell if you are holding that particular asset. Sometimes, social media can be very deceiving. Even if you know their intention is to create hype and FOMO, but still a lot of people still fall on their traps. And they will only come to realize that once they end up suffering from losses. I guess people will never stop committing mistakes, knowing a lot of beginner traders are also entering the market trying to ride with the hype every now and then. However, if you see the market is really in bullish, then selling your coins could be the best option. But never sell all in, as there are still chances that the market will get even more bullish in the next days or months.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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libert19
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December 23, 2023, 01:12:33 AM |
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Sometimes, social media can be very deceiving. Even if you know their intention is to create hype and FOMO, but still a lot of people still fall on their traps. And they will only come to realize that once they end up suffering from losses. I guess people will never stop committing mistakes, knowing a lot of beginner traders are also entering the market trying to ride with the hype every now and then. Yea, one learns influencers preying techniques and gets out of it, then new fishes come in the pond that these influencers can prey for. It's never ending cycle. However, if you see the market is really in bullish, then selling your coins could be the best option. But never sell all in, as there are still chances that the market will get even more bullish in the next days or months.
Yea, DCA in to purchase, and DCA out to sell is perfect strategy, since no one can perfectly time the market.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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AicecreaME
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December 23, 2023, 12:12:45 PM |
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If you are know in crypto trading you can follow it. I started trading from 2017
What is the market you started trading in 2017? I was zero knowledge with crypto trading but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.
Zero knowledge about crypto trading and get 90% successful rate for your trading in this market, it's impossible and unbelievable. Because this market is volatile and run by news, by Bitcoin halving cycles and regulations on this market can affect it a lot. If you are not experienced in this market, you will belong to most vulnerable traders and more easily to lose money. I don't say you told lies but if you want to make your claim more convincing, please show proof. At least screenshots that are even hard to verify but with screenshots of your trading history, it's better than nothing. I definitely agree. This is just some pure self-proclaimed trader who makes a lot of profits based his intuition only, unless backed up with some solid proofs like what you have said. Even in spot trading, I don't see him making profits most of the time even though he has zero knowledge, unless he is lucky most of the time, then he's telling lies. Randomly entering a trade and winning a huge profit is a rare kind of event for a newbie trader.
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Etranger
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December 23, 2023, 12:20:14 PM |
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I was zero knowledge with crypto trading but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.
You're giving people advice on trading which is quite good advice from a certain perspective but at the same time, you're misinforming people. A 90% profit success is so hard to believe. I can even go out on a limb and say it's not true, but I'm going to assume there's some truth in it, what do you feel the impact of this would be on newbie traders? The points you gave are good, but only them can't make you a successful trader. So if a newbie sees such a post he'll believe he can truly have a 90% success rate in trading without proper skills and experience which would only lead them to more losses. It is also not clear how exactly those 90% success is gained. OP gives some advice, but his recommendations are rather general, they are more about traders behaviour, than about actual technique. It is not obvious for me from his statements how the trades are being made. I have my own experience in trading, that is why I can assume a lot, but for a newbie it would be impossible to understand how this method has to be implemented.
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Bushdark
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December 23, 2023, 02:41:38 PM |
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>> When you see the price increasing very quickly in a very short period of time and there are posts and discussions everywhere including social media that the price will increase, then refrain from catching any buys and trades and investigate the reasons for the price increase.[/b]
I second that. Have fallen victim to this quite a few times, despite being aware that it's just fomo, sometime emotions just over-rule you. On second note, it's perfect time to sell if you are holding that particular asset. Using appropriate techniques is one of the ways we can make quick profits in the market than trying different strategies that might not work out for us in a long time. It is very important for us to stay safe as we trade in the market by not over trading because this is one of the problems many traders do face. Since our major reasons why we go into trading is to be make profits, we need to be more focus on what we want so that we can at least Concentra and make more money for ourselves.
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bitzizzix
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December 23, 2023, 02:59:59 PM |
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...I was zero knowledge with crypto trading but Belive me my 90% trade was successfully profit gainer with just maintenance following technique. ..
Your three recommendations will not be enough for a beginner to trade with profit. Without knowledge and experience that cannot be bought, you will not be able to trade. And even those who have knowledge and experience also make mistakes, since the cryptocurrency market is not predictable with 100% accuracy. Of course, only unprofitable trades are made without knowledge and skills, and even trades with knowledge and skills do not always bring 100% profit. The market is not easy to predict and it's not just news that can influence the market but everything happens because of many factors, so I don't think OP's method will guarantee 90% success. And the method OP mentioned will always result in losses, because the method OP uses is a method that is not strong enough to generate profits.
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traderethereum
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December 23, 2023, 03:05:42 PM |
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It may work for you but there is no guarantee it will work if used by someone else. There are many things to pay attention to when using what you do. They must have the patience to hold their coins when the price has not moved or even keep holding them if the price slides down. Most beginners in trading will panic when the price slides down, and they don't know what to do, so many of them sell at a loss. But the strategy you use can be tried even though there are still other risks that we don't know for sure. For this reason, we must be able to learn trading well, including understanding everything related to trading. This will be useful for us in analyzing market conditions.
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Viscore
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December 23, 2023, 04:39:44 PM |
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One who is not knowledgeable in trading cannot follow certain trading techniques correctly. Maybe it's easier being said than done, and any newbie in trading is expected to commit a lot of mistakes first before he tries to improve and come up with better trading results. I guess the best advice is to encourage first those who have no trading knowledge to educate theirselves first before they enter trading.
Trading is not like investing that only needs prior knowledge and is ready to go, because trading itself requires good analysis on the market as well as development of skills and strategies before one decides to take risk in trading.
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tjtonmoy
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December 23, 2023, 04:58:30 PM |
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Don't do something that you have zero knowledge about if it includes money. You can use money to learn it first but don't dive right into it without proper knowledge. This is a very bad way to encourage people into start trading. If they lose following your instruction would you be hold responsible for that? Are you ready to face the consequences? If not, then don't suggest people with your so-called strategy. What you have gained from those trades are called newbie luck. It's like gambling. Share something if you are really confident about it or at least add that you are not a financial advisor and people should do it on their own taking that risk.
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Hamza2424
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December 23, 2023, 07:25:44 PM |
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Are you sure about what you said? What are you basing these things on? It is not possible for anyone to make money from trading or ideas if they don't know anything. That's not true.
an individual trader, even if he has only a little idea of trading here in cryptocurrency, I can still believe that he will get a profit. But what you say is zero knowledge, even if there is no idea; that is big nonsense, and that is really not true.
I can relate to it from a narrower perspective, but given the benefit of the doubt in zero knowledge, he excluded the points on executing a trade, placing an order (Every type), and where to trade. TBH the points OP mentioned are some decent tips & recommendations but that is not at all enough to be a good trader, because on-time sooner or later you need to realize that studying the physiology of the market and having some glimpses of technical analysis with full control over the Fundamental Analysis and Sentimental analysis is necessary to service. Even a newbie can survive and make decent profits in the bull run, the point is that survival should be analyzed by the performance of the trader in the bear market, and in the bull market we can differentiate between an expert and newbies with his existing plans. Becasue a good trader always stay conscious about the exit plan, to save profits.
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Russlenat
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December 23, 2023, 08:58:31 PM |
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I hate to say this but I think following one's technique will never be effective if you know you have no trading knowledge in the first place. You will not even understand how to perform the technique and expect success after trading. If you have zero trading knowledge, then do not rush into trading but know the basics first in trading and increase your knowledge about it. That should always be the first and foremost concern for traders.
Skills and techniques should always go together, aside from knowledge which is the first requirement.
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stomachgrowls
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December 23, 2023, 09:23:15 PM |
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If you are know in crypto trading you can follow it. I started trading from 2017
I was zero knowledge with crypto trading but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.
>> Remember sometimes not trading is part of trading so wait and wait for more bad news to come after the market is bearish and remember that time is the right time to look for buying and trading opportunities.
>> Do not try to gain extra profit. Remember that expecting too much profit can make you addicted to profit and incur huge losses.
>> When you see the price increasing very quickly in a very short period of time and there are posts and discussions everywhere including social media that the price will increase, then refrain from catching any buys and trades and investigate the reasons for the price increase.
There's no such thing about technique or whatsoever because things would really be just that normal to happen as long you would really be putting up yourself to be that realistic and really that just serious on what are the things that you would really gonna tend to do. Everything would really come into place if we do speak about those things that you would really gonna learn along the way. It is really just that there are really indeed people who are really just that liking on making things to be in fast paced without even thinking about those probabilties in speaking about mistakes and errors that they might be able to encounter due to bad decisions Just learn up the things that you would really be able to learn up along the way and just be wary about the risks involved with it. It is really just that impossible that you wont really be able to make those kind of realizations along the way on which even just simply making use of your own common sense would really be just enough for you to tell on which one is really that ideal and which one would really be a disaster. Do on the things on which you do seem that it would be that viable or something that would really be avoided if its not.
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decodx
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December 23, 2023, 09:26:20 PM |
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I was zero knowledge with crypto trading but Belive me my 90% trade was successfully profit gainer with just maintenance following technique.
Hitting winners 9 times out of 10? That kind of hot streak definitely can't last. At some point, your luck will run dry. Maybe it already has. The markets have a way of humbling overly confident beginners. You should brace for some losses or missed opportunities. Can't let yourself get cocky or reckless chasing another rush like that. It's too easy to overtrade when youre used to wins coming easy. Patience and discipline become more important.
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