Trading Tool

[SteveKale]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

[GiorgoArm15]

Depends what exactly you need

For charts and TA - TradingView
For on-chain stuff - Glassnode or CryptoQuant
For DeFi - DeFiLlama
For finding new tokens and checking DEX - dexscreener
For portfolio tracking - CoinStats

[OmegaStarScream]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

That's a very vague question, you need to be more specific about what is it you're looking for. Is it arbitrage bots? Grid bots? Something for charts? Are you an advanced user (look into Hummingbot), or you're looking for something that is newbie friendly with a simple UI (like 3Commas, or CryptoHooper)? Although the latter (or similar services) is not really recommended because you would need to give those services access to your trading keys.

[BitBakerr1]

SteveKale you need to ask your question very well by going straight to the point, so that people can give you a straight answer too. Now let me ask you few questions, what type of cryptocurrency trading tools are you looking for is it charting and technical analysis, portfolio tracking, trading bots, arbitrage or market/whale alerts?
Again to help you more if you are confuse, share what you currently use and what you feel is missing, people may be able to recommend some useful alternatives for you.

[liasbaa]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

You should have clarified what you meant by trading tools. I have learned about trading strategies in most discussions or given advice to many. I am not aware of the fact that you asked about trading tools.

If you are interested in learning about cryptocurrency trading strategies, analyze the market. Ask questions in the community and you will easily get many answers. If you were aware of how risky cryptocurrency trading is, you probably wouldn't have searched for trading tools. You would have searched for how to invest sustainably and be successful.

Clarify your search, I am sure you will get the best advice right away.

[Stepstowealth]

Hello everyone
I am looking for new cryptocurrency trading tools.

I am thinking that you need more of a trading knowledge than just trading tools because if you are someone who has trading knowledge, you already know that this your question is unreasonable and quite vague because you would have information already on the trading tools that other traders like yourself use.
Instead of looking for tools to trade with, my advice that you first get knowledge so you understand what to do exactly with those tools for profits because those tools could also be your tools for downfall if you enter into trading without any form of knowledge, you could lose your life's fortune.

[Selaphiel]

It seems like it's hard to guess what tools you mean in the topic you've already made, op, then do you have any knowledge in crypto trading that you're entering in this industry?
Do you have an idea of ​​basic trading here? You know that this is a broad topic or study and it's not easy to learn that you can just get it right away to understand
in just one day of study.

[Gozie51]

For you to ask for trading tools, you need to show if you really understand your question by guiding users more, at least further explanation on the kind of tools you are talking about. Ordinarily, I would think default tools on the trading platform is the basic of what you are asking for. You have to explain yourself on what challenge you are having on the tools you have and to ask for new tools is open that won't give better highlight. RSI, MA are still nice if you understand your strategy with them.

[SteveKale]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

I sincerely apologize for failing to specify the exact trading tool in the article.

As a beginner just starting out in trading, I wanted to learn how to formulate a strategy and where to begin investing

[Fara Chan]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

I sincerely apologize for failing to specify the exact trading tool in the article.

As a beginner just starting out in trading, I wanted to learn how to formulate a strategy and where to begin investing

I don't have any specific trading tools, but if you're new to trading and want to learn more about trading through this forum, I can recommend one article (trading) for you to read to broaden your trading knowledge. Because everyone who wants to trade clearly isn't just concerned with profits; they also think about avoiding losses when they first start out and also in the future, even though profit is the ultimate goal. So, read several articles about trading frequently and practice them with an amount you can afford to lose in the market. In other words, the amount of capital you can use to try trading in the market while learning new methods so you can see the results in the future.

[Alphakilo]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

It's first important to know if you have settled down to develop your trading knowledge by doing some research and learning from already established protocols that you can find on the net, before trading tools would come in handy depending on the style you choose to trade with.
Your execution style matters a lot, as much as if you are interested in using automation and also if you intend to trade across multiple order books or perform deep on-chain and order flow analysis.
 Having decided this, have you tried using a demo account if may ask to know how you would like to proceed having got a feel of the market, or you don't think it is necessary?

[henmark]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

You should have clarified what you meant by trading tools. I have learned about trading strategies in most discussions or given advice to many. I am not aware of the fact that you asked about trading tools.

If you are interested in learning about cryptocurrency trading strategies, analyze the market. Ask questions in the community and you will easily get many answers. If you were aware of how risky cryptocurrency trading is, you probably wouldn't have searched for trading tools. You would have searched for how to invest sustainably and be successful.

Clarify your search, I am sure you will get the best advice right away.

I just assume stuff like bots, maybe? That is what he is looking for? He seems like a newbie, but also he has shared a post showing he has known a lot more than he lets on. That is why I think it is basically spamming; I have no idea for what purposes, but nobody talks about the coldcard situation with technical detail on one post and then talks about "newbie traders" seeking help on another post; that is why I think some questionable things are going on.

I have no idea why or what the purpose is, but that does seem like the reason why he has done something like this. In random case, to return to the subject at hand, I would like to say that we are talking about a situation where Bots or any other trading tool doesn't guarantee a profit, and should be avoided. You are not going to find something that will help you so much that you would be making profits and getting rich. If it was that easy and could be found anywhere, then we would all be using it; it would have 100 million members and users, and we would all be getting rich.

[Byebyebtc]

I am looking for new cryptocurrency trading tools.

What do you mean by new?

Meanwhile if your referring to simply cryptocurrency trading tools, you can get trading view for analysis, it has tools you can use for analyzing, you also need a wallet,
But to be honest I'll tell you what you need most if you want to go into trading the most important tool is knowledge man, you need to learn about trading very well, the fact that your asking for tools shows that you haven't learnt alot about trading.

This is a very risky activity and you need very very high level of knowledge to be able to excel in it,  so pauls on your search of tools and rather go for knowledge, you can start watching videos in how to trade and stuffs like that
https://youtu.be/iewxw_p8Umc?si=VNZihj5OVDTduoYM

[Slow death]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

I sincerely apologize for failing to specify the exact trading tool in the article.

As a beginner just starting out in trading, I wanted to learn how to formulate a strategy and where to begin investing

Regarding the issue of formulating a strategy, my advice is this: watch videos on YouTube about trading (support and resistance, candlesticks, volume, technical indicators) and while you're watching the videos, also create an account on Binance.

https://www.binance.com/en/trade/BTC_USDT?theme=dark&type=spot

I purposely placed it on the Bitcoin-USDT pair so you can see the chart and its movement. So, do KYC and deposit $10 or at most $20 and start trading, testing yourself. While you're at it, watch videos and you can even read books on technical analysis online. After a long time trading with small amounts, you'll be able to create your own strategy. Nobody will give you a strategy because most people who give trading advice are losing more than winning. But you can imagine how people are; they always have high egos.

How many people are profiting from trading? Well, that's a number that's unlikely to be exact, and there are many articles discussing this, presenting their own figures and opinions. For example:



source: https://tradethatswing.com/the-day-trading-success-rate-the-real-answer-and-statistics/?srsltid=AfmBOoqJcHtREcJ6Rcyp4rHqm5S5jMpMhq0jgneeki58Dt3DrnSBcUYg

Everyone gives advice, opinions, and posts discouraging numbers, as you can see in this article, but no one will give you a strategy that works. That's why it's always better to practice with small amounts and create your own strategy, and always be very careful in this market. Greed is the path to destruction when you're in this market.

[citywise2]

Hello everyone
I am looking for new cryptocurrency trading tools.
I would appreciate your help.

I sincerely apologize for failing to specify the exact trading tool in the article.

As a beginner just starting out in trading, I wanted to learn how to formulate a strategy and where to begin investing

Welcome on board. Know one thing for sure, trading is an art and can be fun, if you learn it step by step until you are well able to go. Mistake most people do is they want to make all the money before they understand what a live trading account is. Just take your eyes off the money for the time begin and focus on understanding the market -  it is always there and the opportunities never end.

Going forward, you need time, though how much time would depend on your eager and  determination.  You need a  demo account, that is where you will practice everything you are learning and even when you start to trade live , demo account will still be useful for testing new strategies. I think you are good to go when you are well able to double or triple your demo account. These is where I started and it is still a good place for you to start -   https://www.babypips.com/