Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: ArtemissxPiggy on July 23, 2020, 05:09:25 PM
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First thing you have to do is to know which coin have a potential. Reading and keeping yourself updated with crypto market. You will require a lot of information and then transforming it to knowledge.
Then after everythig starts
Learn about tech behind cryptocurrencies (mintable coins, non-mintable coins, Blockchain and other tech stuff ).
Learn about cryptocurrencies trends of past year and whats going on currenctly. Select the best crypto coin or coins you are interested to invest in. Research about their tech more and follow the trends for some period. Learn the basics of crypto investments i.e. When to enter and when to exit. Make a plan your investment Goals. Keep following latest news and announcements. If you are done with above, You are ready with basic knowledge to be a professional crypto investor. I hope you have learned about of this and thank you.
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I think experience is the key to becoming a professional trader, the more experience the more knowledge about trading. We can make the right decision.
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The first thing you have to do is to know which coin has potential. Reading and keeping yourself updated with the crypto market. You will require a lot of information and then transforming it into knowledge.
Then after everything starts
Learn about the tech behind cryptocurrencies (mintable coins, non-mintable coins, Blockchain, and other tech stuff ).
Learn about cryptocurrencies trends of the past year and what's going on currently. Select the best crypto coin or coins you are interested to invest in. Research about their tech more and follow the trends for some period. Learn the basics of crypto investments i.e. When to enter and when to exit. Make a plan your investment Goals. Keep following the latest news and announcements. If you are done with the above, You are ready with basic knowledge to be a professional crypto investor. I hope you have learned about this and thank you.
You will never understand what crypto trading is all about unless you have a lot of experience in the actual trade.
It doesn't matter if you are a professional or not, for me as long as you know the basic things about in crypto trading and
you get profit in it even a small amount of it I could say its good anyway.
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First thing you have to do is to know which coin have a potential. Reading and keeping yourself updated with crypto market. You will require a lot of information and then transforming it to knowledge.
Then after everythig starts
Learn about tech behind cryptocurrencies (mintable coins, non-mintable coins, Blockchain and other tech stuff ).
Learn about cryptocurrencies trends of past year and whats going on currenctly. Select the best crypto coin or coins you are interested to invest in. Research about their tech more and follow the trends for some period. Learn the basics of crypto investments i.e. When to enter and when to exit. Make a plan your investment Goals. Keep following latest news and announcements. If you are done with above, You are ready with basic knowledge to be a professional crypto investor. I hope you have learned about of this and thank you.
Yes, this is correct specially those who are very new in trading and become a successful trader. Maximum time we make trade without any news and become a loser there these topics is very essential. Eve of my trading i made many lose because of no updated and trade by shit coin. My friend lose 30eth buying shit coin. So i also suggest eveyone to read more and more before investment with anycoin.
thanks.
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many suggestions circulating about how to become a good trader but the results are not useful.
besides skill and knowledge, the most important thing you have to train is your mentality, your mentality must be trained first before you are ready to trade.
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These are just some of the goal setting shareware that you can use. Most of the time, when we want to read a news item and ban it, this news is very important. The reason why I lost my login at the time of my trading is that I can't get up to date and trade.
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It is really very difficult to become an experienced trader. To do this, you need to read a lot of information and have the level weighed so that in case of a loss you do not start to get nervous and suffer even more losses.
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This is very much difficult to be a professional trader. As far I know that as become a professional trader he should have some qualities or skills. These are Traders need research and analytical skills to monitor broad economic factors and day-to-day chart patterns that impact financial markets.
The ability to focus and concentrate, particularly in a chaotic, fast-moving environment, is an underappreciated but crucial skill for traders. Self-control is crucial, as well as the ability to regulate emotions despite developments that could be upsetting. Accurate record-keeping is important for trader accountability and for learning and improving. Those are the common skills which are required for become a professional trader.
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You've alighted some good points. But in this space experience is the best teacher. I will, personally, say there is no short cut to being an expert trader than been consistent and focused. There will definitely be losing days as much as winning days. And at times your losses can overshadow your wins but you don't have to give up. Persistency pays in trading.
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These are just some of the goal-setting shareware that you can use. Most of the time we spend a lot of money on any news and the damage is done. yeh, want. In my trading position, I have lost a lot of logos because I can't get up to date and trade.
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I think coin analysis is more important factor here. If you are not familiar with crypto currency and the basic rules of it, you won't able to generate good money.
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Knowing the basic only for trading is the main basic point for us to become responsible as individuals trader.
And besides to become a professional will be based I think in the experience of each trader, and this just only based on
own understanding and opinion only.
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Trial and error. Experience will be your guide to be a professional trader or successful trader. It is not always green and easy to be able to spot a good trading coin or the exact timing to make an order. Read and research about the crypto and the latest developments that may affect the price.
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How to become a professional trader one day will usually depend on the individual every job requires knowledge and experience anyone who has such experience in business will be able to rise quickly. Therefore you have to follow the trading signals if you understand the trading signals you can become a professional trader very quickly.
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If you want to be a professional trader, you first need to acquire trading skills and at the same time make yourself more experienced so that you can one day become a professional trader. But being a professional trader requires a lot of care. You can't be a professional trader if you want to.
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Becoming a professional trader is not a day job. It requires time and commitment and a good level of risk bearing ability. You are going to make losses, inevitably, at the start of your trading journey but much profit are ahead of you if you don't give up, and seek to continually improve your skill.
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To be a professional trader, we need two factors in trading: 1. Good knowledge, 2. Good experience.
So, to have both good knowledge and experience we must keep consistent in gaining + updating our knowledge about trading, while continuing to trade regularly. This is the key to be successful in trading and also be a professional trader. If we can do those things consistently, I believe that the dream to be a professional trader can be true someday.
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Obviously we must visit coinmarketcap website 3-4 times in a Day , we must analysis properly in which project we are going to be invest . Only a experienced , fully active person able to generate a good profit from Crypto market . We must purchase some paid cource about Crypto market for a better experience.
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There is no other way but to trade yourself. That is the only way to become a professional trader. But of course, you need to equip yourself the needed knowledge for trading venture. Learn the basic, try them, adjust, try them, adjust and take note of the important factors that affects the market. With experience, oneday a novice trader will become not only a professional trader but a seasoned one.
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I've been learning crypto trading for a long time, but I haven't been able to master it. I still experience frequent losses when trading, therefore I temporarily stopped trading Crypto.
What I feel is that communication between the Crypto community is very important, so that we can share information with each other regarding this Cryptocurrency trading. And it is true what a friend who commented above said, that experience in trading is very important and can make us a reliable trader.
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Professionalism comes with experience, it will take a lot of time. In the beginning, it is better to use trading bots.
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Professionalism comes with experience, it will take a lot of time. In the beginning, it is better to use trading bots.
I've already heard about trading bots, but I still don't understand how it works. How do I choose the right strategy? Profit?
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Professionalism comes with experience, it will take a lot of time. In the beginning, it is better to use trading bots.
I've already heard about trading bots, but I still don't understand how it works. How do I choose the right strategy? Profit?
You only need to purchase bots on proven resources. Setting up the bot is also important, as is the strategy, because it is very difficult to advise something specific. Read it https://tradingbot.info/results/bitsgap/final-bitsgap-bot-report/
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Just watching Youtube videos will not work at all. Im reffering to buy premium courses from udemy.
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Perhaps, you shouldn't think how to become professional, because as long as you do trade in the actual exchange, as time goes by you will never notice that by your experience you learn little by little until you discover to yourself that you are improving when you find out that you are earnings most often in the future.