What are your suggestions for good trading for me?

[Asiska02]

As a beginner in trading you’ll have to be very patient to learn before taking actions. You don’t just trade aimlessly just because you have capital and can easily click on buy and sell button on your screen. You have to understand how the market works. Even though there is a popular saying that most traders lose money, as long as you know how to trade well, you’ll not be amongst them and you’ll get better at it overtime. Trading is very hard but looks easy, so you have to put in all efforts to make it here.

About choosing the best choice of cryptocurrencies to trade, bitcoin still remains the best option to go with. There are good altcoins that can be spotted to be amongst the best with top market caps, if you decide to go more farther below them, you may be in for a very big gambling that can cost you your whole capital. Trading is very risky, easy, hard and profitable but it all depends on your approach into the trading market.

[Alex077]

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

I don't think there will be any profit without loss if you try to find out which coin will skyrocket in the market. If you can learn risk management and control your emotions instead then it will be more beneficial for long term. I have seen many new traders who fall into the trap of FOMO and revenge trading and want to recover the money they lost in trading overnight. They jump from one strategy to another like a monkey after a while and burn themselves by overtrading nonsense. Not doing such madness is a sign of a decent trader who just twists his hand on a simple and well organized chart. And leave aside all the other shit alts and start trading only spot on big pairs like BTC/USDT, ETH/USDT and mostly big cap alts like SOL or XRP.

[Anthony Bill]

What I will advice you and other newbies toward trading just be patient, when you are confused on what to do at the moment, and you will begin to see what you will do to earn massive income just be patient. As a newbie in crypto trading, there are a lot of challenge you will encounter in the bear that will make you make a wrong decision to trade at loss, but if you settle down to learn and display it in your trading, it will create opportunity for you to make comfortable income in the future.

[uchegod-21]

My advice to traders is that they should treat risk management as important, even more important than the desire to make profits. Yes, every trader wants to make profits, but the truth is that with poor risk control and management, the profits may never come. Risk management is what sustains a trader over a long period of time, not just profits. Traders should take advantage of stop-loss orders and every other risk management tool; otherwise, they will lose their capital while chasing profits.

Secondly, not everyone can be a successful trader. If an individual is consistently not doing well despite putting forth their best strategies, they can choose between being patient and pursuing something more stable and profitable. If trading is affecting their emotions, they can choose the latter.

[passwordnow]

You don't need to trade BTC, what you have to do with your BTC is to hold and if you can accumulate more, do it. Don't what the crowd tells you if that's effective to them because it might not work for you. But you can at least try if it's going to work for you to trade btc but then, if it doesn't. Holding's door is open for you to do it so that you're not going to make a mess for the second time around if trading is hard and unsuccessful.

[Cryptohygenic]

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.
 

Yeah it seems easy never easy at all even though you have  good trading skills. You can never profit at all costs.
I just hope you are not being tempted with how you may have heard of others doing well at it or in the angle that it can outcome profits when you get it right as per the short term the trades may imply.
Trading is not profitable for beginners who had only got basic knowledges but on the high level of professionality. That is why we say here that trading is not recommend able for everyone because it is highly risky.

[maydna]

Not so easy if you don't have skills, that is the important thing to have before start trading. As a beginner, it is normal you experience losses and profits but if you don't stop learning and improving your skills, you have more chances to profits.

I am not daily traders but I guess I am still profits although that can be compare to other traders. I realize that my profits will not be consistently because that depend on my analysis and many times I am wrong in analysis and cause me losses.

Choosing altcoins will not easy because you need to research deeply to finds but perhaps you can search for the top 25 coins and stick to that so you will not feels too difficult analyze the coins.

[suzanne5223]

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 best and most consistently profitable trading is not in the futures or spot markets. It was your knowledge and A+ strategy that would give you the needed consistent profit.
No matter how good you are with your analysis and setup, you shouldn't chase or force a trade; let it come to you, and don't overtrade because everything is working for you doesn't mean you have to take more trades

[Gozie51]

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.

It will be difficult to clearly tell you that a trader is profiting or losing but most traders are losing more than they are profiting because you need to profit consistently before you become a profitable trader. However, there are also some expereiences you still gather as a trader not minding the side of the divide you are in profiting or losing. But what you have to know is that taking higher risk in trading is dangerous, so you have to avoid high leverage. Avoid shit coins because most are pump and dump. Bitcoin is more directional and you can focus on that, if you understand the direction of price movement, you can make profit with that.

[bangjoe]

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.

Before going too far you must first understand the mentality in the market and the principles that must be strong, for profit and loss I think it's natural but if you lose continuously it means there is something wrong in the application of your trading strategy, you must realize before continuing your match, and remember not to be too greedy in the market use stop loss and TF to ensure your position gets the profit you have calculated before, because sometimes we always feel less grateful for something you managed to get and instead want more.
 
If you aim to be consistent like using a $1000 fund to earn $10/day from your trading activities then it will be very healthy for the futures market, don't use too much leverage as a beginner gradually and make sure your strategy before using larger funds.
For assets that are traded it depends on how you find opportunities in your analysis whether it is bitcoin or altcoins and avoid hype coins if you don't know how to play because you will be eaten by other traders or even by the bookie.

[barbara44]

Even for an experienced person, they can still have a difficulty to trade or to successfully make money on it. So we should not be deceived on what we see on the social media, as most are just fakes and just to shill a service.  Can't you notice that they don't show their losses publicly? But to make a loss especially a lot of losses is also normal for a beginner.

You are even lucky as a beginner, as you are still seem balanced in terms of profit and losses. It seems that you are learning already, so what else can this forum teach to you? Lol. To be consistent, only depends on the person and not really about the type of trades they choose, although futures are a bit risky, so one should be easy on it or not haste. The type of coin we pick, may contribute on our frequency too. But in trading, even BTC can be risky as the alts too.

[rat03gopoh]

10x leverage for the absolute majority of altcoins is gambling. even 7x is. that stuff is way too volatile for that.

5x is absolute maximum i would recommend for altcoins although i think the market overall is crazier than ever now and i usually stick with just 2x for altcoins and maybe 5x for BTC

Yeah, that's I think the tolerable leverage risk limit for Bitcoin or other low-volatile assets. The lower the leverage, the harder it is to liquidate. In fact, I don't think you need to set leverage when trading for meme coins.

[Finestream]

Trading is profitable if you are a reliable trader, but if you are trading in randomness and is blindly trading, trading will definitely give you only consistent losses. That's why trading is not for everyone, although anyone can enter trading, but not all of them can stay profitable trading in the market.

Now, spot trading and futures trading definitely bring risk but with different level. So if you are still a beginner and is lack of experience, do not jump into trading. Study first how trading works in the market, analyze the market well, and slowly build your own strategy that you think will work for you. While spot trading is often best for beginners, still it is crucial to learn to read charts and analyze price data first prior to diving in spot trading.

[landheer]

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.

It's true that trading in futures carries a very high risk, and spot trading seems more comfortable, even though the rewards are small. However, I think I'll try spot trading because futures trading is indeed too risky. It's not uncommon to hear of people receiving margin call SMS messages, including myself. 

Indeed, skilled traders always succeed and profit from any trade, but those without trading knowledge in supposedly safe coins always lose. I think I need to continue honing my skills. Thank you for the advice.