Spot trading techniques

[milewilda]

a lot of people end up with basically nothing because they don't know what they are doing, and because of that they are not really dealing with anything good at all when they are dealing with futures. Even if they are not a newbie (but certainly when they are a newbie) we are seeing how they are getting bad results too, because futures isn't easy and there is also leverage to discuss, which means they could be liquidated very quickly if they are not careful at all. I bet that when you are a veteran and make a wrong move, you still lose your money very quickly anyways.

The best way to start leverage would be just focusing on how to get a greater return on the long run, would make a lot of sense so we shouldn't be considering how to get better results. I believe futures is a risky situation and we can't make any money at all from this, can't be bothered with anything so at the end, just do spot or even better keep holding it.

Yes, long term would be a lot better and focusing on making money gradually is the way to go because if you end up losing money quickly, then you will try to make it back quickly too and that will end up being terrible for you. If you try to make money gradually and slowly, then you are going to not lose too much that quickly, it will be slow to lose as well and recovery will be quicker without much loss.

This is why people focus on accumulating more bitcoin and not really trading wild tokens neither. Look at all dexscreener hyped memecoins, they are not really the things you should be looking at and because of those type of places we end up losing a lot of money. I can't justify making money on those kind of ways, they all feel like they are a wrong way of making money.

Totally really just that depending on a certain trader or investor on which we know that there are really indeed times that we do get bored on just waiting up for too long before we can be able to see up some profits, which is why this will really be that the reason on why people will really be that looking in something else as long they could be able to see profits in a short duration. This is where they will really be making out some investments with other coins/tokens as well on which are available in the market. If you are really that having some capital that could start up then you might likely be ending up with this kind of option on which you will really be that thinking that you cant able to make money with it. When it comes to techniques and other aspects then it will really be that recommended that you should really be sticking into your own plan and never ever make yourself that too positive or optimistic in regarding into your strategies on which we know that it could really be that bringing out that huge disappointment on which it will really be not always having an assurance that you could be ending up with positive results. Therefore, when you do know that this is something that a market which is unpredictable or something that random then always anticipate that results or outcomes will really be that totally random as well. Dont make yourself that expecting on positive results all the time but also expect that loses would come in the way.

[dansus021]

I have just been buying and hodling and now I am interested in learning a simple spot trading strategy to master. Looking for some expert advice..

That is the simple basic trading if you dont have money to put into trading for full time than your strategy is already a good enough it called Dollar Cost Averagin and basically you buy at whenever price and then you hold it when profit you can sold it anytime.

Just learn basic support and resistance zone and combine with your DCA startegY I velieve you gonna be safe

[bettercrypto]

I have just been buying and hodling and now I am interested in learning a simple spot trading strategy to master. Looking for some expert advice..

For me, the strategy I use in futures and spot is that they are both equally useful, the only difference is that in spot, we really have control over our assets, and you don't have to chase after the loser. Unlike in futures, you can really get carried away by your emotions.

But if you look at them both, it seems like there is no difference, although there is still a difference and that is dollars in futures, while in spot, whatever your assets are,
it can be increased if your analysis is correct.

[Strongkored]

I have just been buying and hodling and now I am interested in learning a simple spot trading strategy to master. Looking for some expert advice..

Spot trading may be less risky than futures trading but there is still a risk that you can lose everything when you do not do it with adequate knowledge because there are many choices of coins in the market so there is a chance that you do not make Bitcoin your first choice and when you choose the wrong coin even on the spot you can lose money.

[Ararbermas]

I have just been buying and hodling and now I am interested in learning a simple spot trading strategy to master. Looking for some expert advice..

Spot trading may be less risky than futures trading but there is still a risk that you can lose everything when you do not do it with adequate knowledge because there are many choices of coins in the market so there is a chance that you do not make Bitcoin your first choice and when you choose the wrong coin even on the spot you can lose money.

when trading or even practicing trading i suggest to choose Bitcoin or Ethereum because they're not so volatile unlike other crypto in the market. And for those who cant afford money to lose while learning. I suggest to grab those trading platform that offers demo so you don't need to worry and you can practice very well.  And lastly do your own research if you can afford to hire a mentor as well to enhance your skills ,because infact all information about trading especially strategies can easily found around the internet. Just put efforts.

[Platinumys]

Technique is very important in every task. If you have your own technique in business, it is possible to do business on your own. I started trading I don't have enough knowledge about trading but if I follow others to do this but my chances of success are less. In the beginning, if I do my own training, there is a chance of losing some money or making a wrong decision, but if I keep trying, it will take some time but I will definitely succeed. Everyone should think about trading this way. There is a big difference between working independently and working independently.

[Cryptmuster]

I have just been buying and hodling and now I am interested in learning a simple spot trading strategy to master. Looking for some expert advice..

If you bought and hold, then you are inclined to medium-term or even long-term trading, which will give you more advantages as a beginner, since day trading requires more skills and most often leads to losses.

As for strategies, do not try to listen to someone's advice, it is better to study several of them yourself, study them thoroughly and as you study, you will be able to determine for yourself which ones seem more acceptable to you. There are many nuances in trading, starting with the choice of a trading pair and entry point, ending with setting goals and exiting a position. At first, this may seem very difficult, but as you study, you will go deeper and understand how everything works. Start with a small budget and pay attention to all the mistakes so as not to repeat them in the future.

[shield132]

I have just been buying and hodling and now I am interested in learning a simple spot trading strategy to master. Looking for some expert advice..

A simple spot trading strategy is to buy low and sell high, it's the basic of trading but I suggest you to be more advanced and use the stop-loss feature. It's recommended to set stop loss on your orders. By doing this, you'll set a limit price where if the price goes down and reaches this limit, your order will be fulfilled and you save yourself from losing more. You can also set a stop-loss limit on a high Bitcoin's price, i.e. you can make an order and sell your Bitcoins at $100K. If Bitcoin reaches 100K, your order will be fulfilled and you'll save yourself from selling it at a lower price.

My personal advice to you is to never trade every day. I trade 4-5 times a year, I always try to catch the best moments. If there isn't a good moment, you shouldn't risk it. Day trading looks amazing because of how volatile Bitcoin's price is but it's very risky, so consider my advice, trade only when you think it's best to trade.

[TheUltraElite]

when trading or even practicing trading i suggest to choose Bitcoin or Ethereum because they're not so volatile unlike other crypto in the market.

Trading should not depend upto the underlying asset, but I guess keeping altcoins out the question is a wise move to make. If your methods are correct both bitcoin and altcoins should give profits, but nobody wants to hold altcoins, for obvious clear reasons.

Indeed, learning how trading works solves a lot of newbie problems like buying at the high and regretting it for not being able to sell. Then selling at the low because you did not have the knowledge backing to hold on to the asset.

But even then trading is not for everyone, those who are not comfortable with it should only buy at the lows.

[hd49728]

Trading should not depend upto the underlying asset, but I guess keeping altcoins out the question is a wise move to make. If your methods are correct both bitcoin and altcoins should give profits, but nobody wants to hold altcoins, for obvious clear reasons.

Altcoins are only good for holding in a bull market, but when you smell that Bitcoin already has its ATH from which it starts to fall, makes a double top, and there are signals of bear market, it's time for exitting all your altcoins.

Holding altcoins in a bear market is like you are living in a nightmare and I'm sure that if you know about it, you will try to avoid a nightmare.

But even then trading is not for everyone, those who are not comfortable with it should only buy at the lows.

Trading is risk and not for everyone, most traders have losses, not profit. Trading in a bull market with Spot, can be easy and can bring profit, but it isn't enough to show that trader is professional and can get profit in a bear market or can defend his capital for avoiding loss in a bear market.

Trading is basically risky and it's more dangerous in a bear market.

[RockBell]

Spot trading may be less risky than futures trading but there is still a risk that you can lose everything when you do not do it with adequate knowledge because there are many choices of coins in the market so there is a chance that you do not make Bitcoin your first choice and when you choose the wrong coin even on the spot you can lose money.

Spot trading as less stress and it is almost like buying and selling at a very easy scale and it been less stressful and that is why, spot have more patronage than futures and I won't even encourage that futures is gambling and it can be very addictive the same time, and it is better to choose a small one for a start and and if it is futures then it's a go ahead I have this feeling always that futures is not for everyone, when they have the proper knowledge that they are suppose to understand.

But spot you just buy and hold you don't need to be scared of anything because no matter how the price goes done it will bounce back even with profit maybe but futures the moment the data predicted failed then just know that the money is gone and this are part of reason why people are complaining that you lose your money in crypto and it's very true.