What are your suggestions for good trading for me?

[landheer]

Trading seems easy to make money if you're good at it, but if you're not, you'll inevitably incur significant losses. As a beginner, I sometimes experience losses and profits. In this topic, I'd like to hear about your trading experiences, whether you've always lost or not. In your opinion, the best and most consistently profitable trading is in the futures or spot markets. I'd also like to hear your advice on which altcoins to trade in, or whether it's safer to trade in BTC. Everyone's experience is certainly different.

[Oshosondy]

Trading may look easy but it is very hard to make money from it.

Most traders are losing.

Altcoins trading can be good if you go with altcoins that have high marketcap. Gamble with othernones.
Highly volatile coins are not advisable.

Avoid leverage
Be patient

Trade with the amount of money that you can afford to lose.

[terrific]

Trading seems easy to make money if you're good at it, but if you're not, you'll inevitably incur significant losses.

To tell you, if there are good traders, they're not a lot. And we're the majority who are not even good at it.
We make some but we lose more from what we've earned from it.

As a beginner, I sometimes experience losses and profits. In this topic, I'd like to hear about your trading experiences, whether you've always lost or not. In your opinion, the best and most consistently profitable trading is in the futures or spot markets. I'd also like to hear your advice on which altcoins to trade in, or whether it's safer to trade in BTC. Everyone's experience is certainly different.

Avoid futures, that's my first strategy.
Staying with the spot is the better way to balance it. You can slowly earn from it and learn more about the strategies that you can apply.
But if it still doesn't work, stick to hodling.

[Rruchi man]

As a beginner, I sometimes experience losses and profits. In this topic, I'd like to hear about your trading experiences,

Learn risk management. As a beginner you would never regret it because with risk management you may be able to totally avoid blowing up your account.

Master your strategy and focus on it, and do not try jumping from one trading strategy to another. If while using your strategy you encounter failure, try to always find out the reason why you failed in that trade and refine your strategy to make it sharper and more efficient. That is a better approach than jumping from one strategy to another.

Try to master your psychology and don't overtrade. Psychology is a huge determinant of your success in trading.

[ZAINmalik75]

Trading seems easy to make money if you're good at it, but if you're not, you'll inevitably incur significant losses. As a beginner, I sometimes experience losses and profits. In this topic, I'd like to hear about your trading experiences, whether you've always lost or not. In your opinion, the best and most consistently profitable trading is in the futures or spot markets. I'd also like to hear your advice on which altcoins to trade in, or whether it's safer to trade in BTC. Everyone's experience is certainly different.

Futures trading is way too risky for beginners, which is why I would never advise a beginner to get into futures trading because I know they are only going to lose money in it since it requires a lot of knowledge and experience about the market, and a beginner wouldn't have that. This is why, sticking to spot trading is much better, because in spot trading, if you are trading trustworthy cryptocurrencies, you don't have to be worried even if the market goes down after you make a trade, because you won't lose money unless you sell at a loss, but in futures, you will lose money if the market keeps going against you for long.

I wouldn't give specific altcoin suggestions as to what you should trade, but I would say that mostly the major altcoins are better choices when it comes to short-term trading, because they mostly move with Bitcoin, but maybe you won't make good profits from Bitcoin if your capital is small, so you should rather go with altcoins, but only the major ones so that even if the market goes against you, you shouldn't be worried as you would know they will eventually recover.

[BitMaxz]

Spot and future trading both involve risk; even trading BTC carries risk. Spot trading allows you to profit only when the market is bullish and never during bearish periods; however, futures allow you to profit on both sides.
If you want to know which one can make a consistent profit on futures and spot, it depends on your strategy; however, if the market is heavily bearish, as it is these days, spot trading will no longer yield profits even if you have a perfect spot trading strategy.
In futures, you have a chance of consistently making a profit, but there is no guarantee; you will still lose some money, but this depends on your strategy and how disciplined you are.

For me, I recommend first learning how to read market structure and risk management, then making some mistakes and journaling them, and finally reviewing why you lost that trade.
Mistakes will teach you how to improve your trading skill. You can also join a trading forum and learn from other people's experiences, rather than from gurus, by studying trading systems they discover. Try them and make sure you learn how they create their own rules and conditions to avoid common mistakes.

Also, check this trading source below; it can also help you learn about price actions and patterns. Let's learn together and be positive. Most people nowadays here on the forum have a negative mindset about trading.

- https://learn-crypto-trading.github.io/chart-patterns/

[crwth]

No one starts trading goods already. Usually, you will go through multiple experiences like losing money and actually profiting. It's a wild-wild west, and you need to be ready and understand the emotional roller coaster that you are going to go through if you continue to do it.

The best lesson I have learned, IMO, is the importance of position sizing. Making sure I follow a rule per trade, especially when trading futures, would help ensure the long-term survival of your portfolio and possibly increase profits.

Consistency would help you be profitable in trading.

[EarnOnVictor]

In your opinion, the best and most consistently profitable trading is in the futures or spot markets. I'd also like to hear your advice on which altcoins to trade in, or whether it's safer to trade in BTC. Everyone's experience is certainly different.

Trading is sweet if you know much about it, especially if you widen your trading scope and assets to be traded beyond cryptocurrency. I'm one of the tiniest people here who doesn't limit their trading adventures to crypto, and this widens the way we see trading differently.

As for the part quoted, spot trading is almost the same as holding your money in your wallet, but future trading is the real trading in trading sense. Also if you ever have to choose in any asset class, go for the top-rated. And in crypto class, it's Bitcoin.

[Ayers]

In your opinion, the best and most consistently profitable trading is in the futures or spot markets.

For those who are new to trading market and getting on futures board with leverage then it mean digging your own grave. Just one wrong move can result in the account being liquidated in an instant. Other hand if you trade in spot market then you can at least keep the real ownership of that coin or commodity in your custody. No matter how  volatile the market is. You can be patient and not be afraid of forced losses on spot trading. I have seen many new traders have turned their entire account into dust by just one stupid and stubborn move on futures market

Trading may look easy but it is very hard to make money from it.
Most traders are losing.

Trade with the amount of money that you can afford to lose.

I think more than 80% of retail traders fail in long run and end up bankrupt. Seeing those candlestick on trading view chart makes the move seem like a piece of cake and super profitable. But when real cash from your pocket and core emotion are involved it become increasingly difficult to make a move in the field. In my opinion patience and discipline matter more than fancy strategy

[Miles2006]

Trading in bitcoin is more complex for beginners, according to research it takes longer time compared to altcoins though profitable and reliable. I would choose bitcoin as a result of trust most especially risk management, trading depends mainly on your strategy still being overly strategic might not give you the result expected yet don’t give up rather continue patiently because trading is all about endurance and how a person can handle losses, I would suggest you focus on building a good strategy for example every trader has a particular pattern if it doesn’t work out then you take a different turn, trading is all about having the money, strategy and tolerance.

[snowpega]

Trading seems easy to make money if you're good at it, but if you're not, you'll inevitably incur significant losses. As a beginner, I sometimes experience losses and profits. In this topic, I'd like to hear about your trading experiences, whether you've always lost or not. In your opinion, the best and most consistently profitable trading is in the futures or spot markets. I'd also like to hear your advice on which altcoins to trade in, or whether it's safer to trade in BTC. Everyone's experience is certainly different.

The trading space is not that easy; it needs a lot of knowledge and research, in my opinion. You are a newbie, right? Even experienced people make losses in trading space, so you can get an idea from this of how much knowledge is required for a perfect trade. And even knowledge fails due to the unpredictable behavior of the crypto market, and in this case, trades remain at the mercy of luck. CMIIW! This is what I have analysed so far in my four years of experience.

So, for now, if you are looking for a suggestion to start your journey, then you should learn about the best ways of doing research. You should learn about TA (Technical analysis) and FA (Fundamental analysis). You should learn how big hands trap users, and you should learn about risk management strategies. This is some advice for now, and there can be many others, too. And in my point of view, you should keep in mind that for the best survival in trading space, the more knowledge you have, you should always consider it as less and keep focusing on learning more.

[freedomgo]

Trading has always been risky, if you don't trade with knowledge and experience, you will often lose than win when trading.

Now with regards to spot trading and trading in futures, I always say go for spot trading, its the best for beginners. Direct asset ownership, zero liquidation risk and no leverage. However, futures trading is highly risky but it also comes with high rewards as well. Contract speculation, leverage and liquidation danger, all of these could be prone for anyone who trade in futures.

And whether you focus on trading with altcoins or bitcoin, no guaranteed profits there. Everything depends on your trading strategy, high understanding of the market and higher risk tolerance.

[Stalker22]

Whoever tells you that trading is easy has no idea what they are talking about!  Stick to the spot market and stay the hell away from futures.  In spot, if a trade goes against you, you can hold the asset and wait it out.  In futures, one sudden 10% wick means you get liquidated and your money vanishes into thin air.  

Turn off the leverage, focus on BTC spot, and learn how to manage your risk before you worry about maximizing your gains

[nara1892]

I don't think there's a market that consistently provides profits to traders. There's always a risk. Even professional traders still experience losses. The difference is that they have good risk management that can mitigate previous losses so that the losses are not too large. All types of assets have their own risks. If you want low risk, the spot market might be an option. However, if you want quick profits, the futures market is the place to be. However, on the other hand, it's still commensurate with the risks.

[Botnake]

For any beginner like you, losses are quite normal because even early traders are still going through undeniable losses. But with more exposure on how trading works in the market, with more knowledge acquired and with better experiences in the coming days, you will learn to adopt some trading skills and strategies that would likely elevate your success trading in the market.

With spot trading or futures trading, you will only know which is safer and best for you if you try it on your own. Just do it with some small amount, and its outcome will determine if you have to do it or avoid it.

But I have to say, spot trading is less risky than futures trading. Both are actually risky, but its safer for beginners to just focus on spot trading first and later on when experience improve, you can start with futures trading, its highly risky yet the rewards are also highly tempting. With trading altcoins or bitcoin, bitcoin is generally best for beginners while altcoins are best for experienced traders.

[Bd officer]

OP, trading is not that easy and you need to gain knowledge and skills to trade. Now it is not possible to make consistent profits by trading, you will see that even professional traders cannot make consistent profits they also make losses sometimes. Personally I have also traded and I have had both profits and losses but the losses were higher. Anyway avoid futures trading because it is like gambling.

My advice is that the price of Bitcoin has dropped a lot at the moment so it may be better to buy BTC and hold.

[Vaculin]

Whoever tells you that trading is easy has no idea what they are talking about!  Stick to the spot market and stay the hell away from futures.  In spot, if a trade goes against you, you can hold the asset and wait it out.  In futures, one sudden 10% wick means you get liquidated and your money vanishes into thin air.  

Turn off the leverage, focus on BTC spot, and learn how to manage your risk before you worry about maximizing your gains

Yeah, there's no easy way with trading. The risk to lose is often high especially if you are still new to it.

While futures trading offer the potentials for massive profits, but it also comes with high risk of losing everything you have and experience massive losses instead, that's the reason while spot trading is safer and more comfortable for any beginner trader. Your maximum loss is only limited from your initial investment so you don't have to worry that much as spot trading is more easy and secure to learn.

[EL MOHA]

OP, trading is not that easy and you need to gain knowledge and skills to trade. Now it is not possible to make consistent profits by trading, you will see that even professional traders cannot make consistent profits they also make losses sometimes. Personally I have also traded and I have had both profits and losses but the losses were higher. Anyway avoid futures trading because it is like gambling.

My advice is that the price of Bitcoin has dropped a lot at the moment so it may be better to buy BTC and hold.

Even if you acquire all the necessary knowledge about bitcoin trading it’s never just enough to make trading that easy because you’re definitely growing as the crypto market is also evolving. There is no distinct knowledge or a certain knowledge said to be enough for trading.

For profit yes you will definitely lose but you can stay overall profitable if only you can actually apply proper risk management. There are people who loses more than their trades are profitable but in a long run they actually profitable because there risk management is usually a minimized loss and maximize profit base.

[jossiel]

In your opinion, the best and most consistently profitable trading is in the futures or spot markets.

Spot market.

Futures will give you better profits but the risk is also higher compared to the spot market.

I'd also like to hear your advice on which altcoins to trade in, or whether it's safer to trade in BTC. Everyone's experience is certainly different.

Whichever you think you are good in trading, stay there.

It doesn't have to be others preference because it might not work for you. You need to know what is better choice for you, have some test and see which one is effective. You don't need to trade a lot to be honest.

[rat03gopoh]

Just 2 things:

• Don't use leverage more than 10x, more than that you are not trading, but gambling;
• Don't make positions that go against the trend on longer time frames, most traders think getting a bottom or top is a jackpot but they ignore how big the chance of getting it is.