What are your suggestions for good trading for me?

[TheUltraElite]

For new people, avoid automation as of now. Learning trading from the spot markets and once you are confident, you can slowly and gradually move towards automation with minimum test funds. Do not trust any random bot though or else that would be the easiest way to lose all your money or possibly compromise the security of your trading account.

Indeed bots are not supposed to make trades always profitable, they will make the process fast and easier to execute, nobody should buy a bot with hopes that they can make profitable trades than a human can, because its not so.

Most of the trading happening is automated nowadays by groups of people which one individual might find difficult to compete against. But solo trading is also possible, becomes easier if you are doing mid-long term trading with buying points being very low and selling points at all time highs.

The process wont make you rich overnight but can add a decent chunk into your existing stash of coins.

[jcojci]

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.

Simply put, if you just want safer trading, try buying coins in the top 20 on CoinMarketCap. The reason is that they have survived various shocks in the trading world over the years. While this doesn't mean there's no risk, it's at least minimal compared to buying coins far below. However, the returns are sometimes lower than those of lower-ranked coins.

Buying the top 20 coins is a good idea but he must analyze one by one to find the coin but most people just buy when the price start moves without analyzing so that make them buying a wrong coin. Experiencing losses and profits is normal but if you can learn from your losses, you will improves your knowledge so that gives you more chances to pick the right coin.

But no safer trading especially if he doesn't have much skills so the first thing he needs to do is learn trading, understand how to analysis and pick the coin. But Bitcoin trading may be safer because he only needs to buy and hold then sell when the price increases and he can rinse and repeat the process and increase his profits.

[Floczy]

Trading is actually hard.

To succeed in trading you have to be in another level (slightly insane)
In my personal journey there came a time I started talking to my self, I even went as far as shouting at my self lol. But today I'm profitable by the grace of God,
Trading is a journey a long one that requires endurance so I will like you to sit and reconsider if your ready to go for forex trading
You can start learning any time even now, but..
Are you ready to take losses ?
Are you ready for to be judged ?
Are your ready to keep going where there seem to be no hope ?
Alot of things to consider man, reason everything over again if your ready then start, if you have even a slight feeling of doubt don't go

[slaman29]

Just the four posts above me tell you everything you need to know. Don't trade first. See how it goes for people. Don't get fooled by short histories. A full cycle can be brutal to traders with all kinds of strategies.

I recommend myself DCA (regular buying at any price to hold for long term) while you observe trading... if you are objective you will come to the same conclusion that trading is not for you.

Good point, let not get fooled or even deceived by other people’s journey and their outcome. Many of this traders we see online are just showing off their good side of trading and hiding the bad outcome from the internet, we shouldn’t go into trading with the mindset of hoping to see good results as others we see online instead let be ready to give trading all it deserves and the patience it also deserves and after that if we see we can’t endure this requirement and pressure then we can easily decide either on starting the journey.

Many? I would say majority, big majority There's always a way to show full absolute history of the totality, but I only seen that a very few times in my lifetime, and that was only in forex. Never crypto. For those who show to try and gain followers or paid subscribers I mean.

@landheer, any comments yet on DCA suggestions? You only responded to one post

[LastKiss]

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.

Simply put, if you just want safer trading, try buying coins in the top 20 on CoinMarketCap. The reason is that they have survived various shocks in the trading world over the years. While this doesn't mean there's no risk, it's at least minimal compared to buying coins far below. However, the returns are sometimes lower than those of lower-ranked coins.

Buying the top 20 coins is a good idea but he must analyze one by one to find the coin but most people just buy when the price start moves without analyzing so that make them buying a wrong coin. Experiencing losses and profits is normal but if you can learn from your losses, you will improves your knowledge so that gives you more chances to pick the right coin.

But no safer trading especially if he doesn't have much skills so the first thing he needs to do is learn trading, understand how to analysis and pick the coin. But Bitcoin trading may be safer because he only needs to buy and hold then sell when the price increases and he can rinse and repeat the process and increase his profits.

It's a good idea if we're not forgot to sell our altcoins bag since it's very volatile and it's also looks good when we're avoid buying at the top. Trading altcoins is one of the trickiest in the crypto even when it comes to the top 20 coins. Since OP is a beginner, I would avoid trading altcoins or buying them at random prices. If he want to buy crypto without worrying too much about timing, it's better to stick with Bitcoin.

To gain more experience OP needs to trade with real money where he will face real lots of uncertainty. That's where he can develop what every trader needs, such like as patience, discipline, self control trading skills, etc.

[bitgolden]

Buying the top 20 coins is a good idea but he must analyze one by one to find the coin but most people just buy when the price start moves without analyzing so that make them buying a wrong coin. Experiencing losses and profits is normal but if you can learn from your losses, you will improves your knowledge so that gives you more chances to pick the right coin.

But no safer trading especially if he doesn't have much skills so the first thing he needs to do is learn trading, understand how to analysis and pick the coin. But Bitcoin trading may be safer because he only needs to buy and hold then sell when the price increases and he can rinse and repeat the process and increase his profits.

That's the problem, I have seen a lot of people who made these mistakes, and while that is expected at this point, it's not really ok because if you just buy without looking at it and just jump on whatever is trending at that point, you might be too late and fail.

This is why we are saying buy right now when it's going down so that you could profit, because if you buy when it's going up, then the going up could stop and it can start going down and you will lose, but if you buy when it's going down, then it's already down, you will profit quicker.