Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Tnoy30 on November 24, 2020, 08:39:39 AM
-
Trading can be profitable now. It is not possible to make a profit by working on earning sites. But if you have the resources or the ability to invest, buy and trade different coins. To trade you need to create an account on any of the authorized exchanges worldwide, plus you can trade there. First you have to have an idea about the coins. To be profitable in trading, you need to have a good idea of the market. What do you think, discuss?
-
Investment is indeed not something easy, there are so many ways of investing today
the most important thing is the determination of our investment, whether it is short term or long term
besides that, capital management and risk management are needed
Investment is not only related to profits but we also have to prepare for the worst conditions, namely loss and collapse
-
If you want to trade, you must have knowledge about the market. It is important to have knowledge about the market. If there is no knowledge about the cryptocurrency market, there is a possibility of loss. So I think a person needs to have knowledge about cryptocurrency in order to trade.
-
This is a must for not just cryptocurrency market, it applies for every business and sector. However, the cryptocurrency market is technical and as such requires a technical approve. One must be properly equipped to handle the pressure as well as emotions that comes with it. It requires careful learning, studying and patience to ensure you possess the proper attributes to be successful.
-
Having knowledge of the market us important. Currently, market has dipped imagine buying btc and eth at the recent top. So, always look at when to buy and don't do it when coins are going up.
-
Trading can be profitable now. It is not possible to make a profit by working on earning sites. But if you have the resources or the ability to invest, buy and trade different coins. To trade you need to create an account on any of the authorized exchanges worldwide, plus you can trade there. First you have to have an idea about the coins. To be profitable in trading, you need to have a good idea of the market. What do you think, discuss?
I think we need to have huge amount of fund to enter in marke. However an experience trader never need to have huge amount.Experience always cam make an impact to your tarding. Without experience it is so tough to earn from trading.
-
Without knowledge of trade, it is not possible to trade. There are lots of people in the market who can't trade or get used to it. I think they should be more careful. Since the future of cryptocurrency is much better. So we need to know about trade. Lots of people are here.
-
Trading is very profitable at the present time. However, if you have overall knowledge about trading, then it is possible to make a profit. I think currently trading is one of the sources of income in the cryptocurrency market. Many people are currently earning this way. Because there is a lot of scamming in the market. Better a poor horse than no horse at all.
-
Trading requires experience and knowledge, having a plan for the long or short term in choosing coins is indispensable. But choosing coins that are already top in my opinion is better, choosing new coins should be able to think about good project prospects or not?
-
Trading is fun and danger. Sometimes you enjoy the fruit of your profit but sometime cry and regrets from unexpected situation. Time consuming to watch intently your trades but if succeeded you will be inspired to do more.
2 faces: win or lose
3 faces: steady, win, or lose
Advantage: you are becoming matured from mistakes and correct dealings.
-
Obviously a trader should have some general knowledge about trading, experienced about trading. He direct should not be successful without experienced. He must know about projects, buy and sell orders variation, fees of trading, withdraw fees and other some criterias...
-
Knowledge is important to do business. Because it is not possible to become proficient in a subject without knowledge. So I think it is important to have knowledge about trade and market to trade.
-
In order to trade, one must have knowledge about the market and monitor the market all the time. Need to know better about a coil. Find out where you can invest and succeed.
-
Cryptocurrencies is not really something easy before you can start making money in Cryptocurrency you will need lots of knowledge how the market moves, you will need to study the coin you are busy, the best time to always buy a coin and when to sell it. There are others things you have to follow which you can check for them on Google. Or you might endup losing your funds
-
Trading can be profitable now. It is not possible to make a profit by working on earning sites. But if you have the resources or the ability to invest, buy and trade different coins. To trade you need to create an account on any of the authorized exchanges worldwide, plus you can trade there. First you have to have an idea about the coins. To be profitable in trading, you need to have a good idea of the market. What do you think, discuss?
I believe that in order to become successful trader you need: Knowledge, which is right informations. Understanding, talks about you really comprehend or understand what really trading is. Lasly is wisdom, which is the right applicationn of knowlede.
-
Yes, knowledge is key factor to be able to trade successfully, if you don't have the knowledge, skills and resources you won't be able to trade well, and it could also result to lose of money, it is always good to have right knowledge, I myself don't engage in trading because I don't understand it well, I don't want to end up losing money.
-
Trading is typically an application of individual intelligence. Trading will become profitable if you'll practice trading charts also as determine its depth. Online trading requires of discipline and may be risky if combined with inexperienced decisions. to form the work trip of the trading market less risky, an individual must have of thematic knowledge and tips. The more confident you're about stocks, the better it's to follow the market.
-
Only those who have ideas and knowledge about cryptocurrency invest in cryptocurrency. Those who do not know about cryptocurrency or do not understand the dignity of the currency, they do not invest. So I think you must have good knowledge to invest.
-
There are many earning sites where you can earn by blogging. Still, if you want to invest in investments or hype sites, then you can earn because they always scam with peoples. Still, if you have time and good writing skills, then you can earn from free earning sites like Steemit, hive, uptrend,publis0x, and some others websites; for trading, you have at least some extra money to invest in trading so that you can suffer loss because through trading you can earn profit and also suffer loss and also you should have had little knowledge about the crypto market.
-
Hey brother , knowledge about cryptocurrencies market, upcoming days coins values and services, future development and others coinditions should be a good criteria in cryptocurrencies market. If you be a good cryptocurrencies traders, you should have enough knowledge about cryptocurrencies market and monitoring the market analysis.
-
Yes mate there is no alternative way to do well in the market. If you have enough knowledge on the market movement then definitely you will make good profit and also be a successful one. It is totally depend on your skill as well as your sufficient knowledge.
-
Yes mate there is no alternative way to do well in the market. If you have enough knowledge on the market movement then definitely you will make good profit and also be a successful one. It is totally depend on your skill as well as your sufficient knowledge.
Enough knowledge and experience about market price speculation, monitoring daily market price and availability liquidity pool(UNISwap) and future value of coins , he must be succed in trading.
-
To trade, one need to be psychological and emotionally fit other wise, you wouldn't last long on the journey. It takes courage for you to be looking your trade go sided ways or sinking with your money. It's only your strategy and your fundamental and technical analysis can work for you.
Its also advice able to always be cautious of stop loss. That auto is very very essential.
Lastly, don't copy other traders move.
-
I think it is very difficult for a beginner without knowledge of the basics of trading to make money in the cryptocurrency market! I myself lost a lot when I started trading, the main thing is to learn and not quit!
-
We know that crypto currency is the greatest risky platform. Here anyone should be very calculative and always have to be very active. Every single news can effect on your business that is why you need to very knowledgeable of that contemporary issues.
-
I believe that at the present time, you not only need to correctly approach the choice of cryptocurrency for trading, thereby relying on your knowledge of technical and fundamental analysis, but also choose the right cryptocurrency exchanges, where commissions may be too high. Of course, everything will depend on what amounts of funds you are operating, but nevertheless, the minimum deposits AND the minimum withdrawal, with a high commission, are of great importance for a simple trader.
-
In cryptocurrencies market, enough knowledge and experience are the most important part of successful trading, investment and holdings process. Many investors have enough knowledge about trading but many a times they also face losses.
-
I personally think that there is no need to know much about tokens for small trading. Of course if you want to make huge profit through big trading then you must have a good idea about your token or you will face loss.
-
Obviously you need to have good knowledge of the market, blockchain and also how to sell coin . In every sector where we invest we have to know about that platform or that site to well knowledge .
-
To invest anywhere is not something matter . If anyone want to invest somewhere must have proper knowledge about that particula subject . Otherwise thousands of dollars could have invested but not feedback a single penny .this is reality and we have learned about these knowledge must .
-
Even if you don't have much knowledge to do small trading. But in my opinion, in order to trade, you must choose the tokens that are most likely to increase your price. For example, trx, ethereum, litecoin, these coins are the most popular. If you invest in these, you can benefit even if it is a small amount.
-
To trade like the topic says, you need to have a good or estensive knowledge of the product. Without knowledge you'll look like a blind man going to the market to get food stuffs, knowledge is the power, set aside funds and time. The most important is to start small not to jump fully in.
-
We know that knowledge is power that will be any of the sector. If you have knowledge you will be successful with out proper knowledge no one can not get success in his life. In crypto currency trading basically depend on the news or events in this platform you have the ability other wise it is not possible for you to get good result in crypto.
-
In every sector where you invest you need minimum knowledge . If I give an example everything will clear to you . Suppose you want to buy a book online shop but you don't know how to order a book in online but you have money . Then what is happened ? You have money but lack of proper knowledge, for this reason you do not buy which could have bought in other way . So we understand that not only in cryptocurrency but every sector you need to have knowledge and idea about that subject .
-
Trading is very risky platform. Here there is no compromise. If you trade then you can earn a lot or you can loss your assets. It totally depend on you. If you have enough knowledge in crypto trading then you can make good profit on the other hand you will make lose with out your enough knowledge.
-
Trading is not just about knowledge alone, but knowing more about what you want to trade and their past histories. There are many coins in the market that does not move or rise in price when Bitcoin is moving up but rather prefer to stabilize or dump when Bitcoin is making corrections.
Have you notice that Chainlink hasn't really make a significant growth since it price attained a new time high of $19? That's because he coin has been pump.
You see why it's necessary to check previous history of what you want to trade otherwise, one will remain in the dark.
-
To be profitable by trading in the cryptocurrency market, one must have knowledge of the cryptocurrency market. Only then can it be possible to make huge profits by trading in the cryptocurrency market. This means that if you know every currency well, it will be beneficial to be successful in investing.
-
Traders need more than luck to succeed in affiliate business. Many people are constantly joining the cryptocurrency market for business. Not every business can be profitable. Because those who know better about coins benefit.
-
Of course mate, to get big profits and avoid losses when trading, we need to have knowledge and experience in this trading, because there is no way we can continue to gain profits if we are just carelessly trading, it is very dangerous and has risks height will lose.
-
Having sufficient knowledge and skills in trading is a must if you want to be a professional trader. It is also required in order to trade properly. Many people failed in trading because they have lack knowledge /skills in trading, they only have the motivation to take profits. Trading will be risky for you with a lack of knowledge. While if you have good knowledge/skills, it can minimize the risk in trading.
-
Just registering on the exchange and trading is not enough. Without knowledge of the crypto world and experience on the exchange, the profit will be close to 0. It is necessary to trade at least some time on demo exchanges without investments in order to understand the mechanics of trading.
-
Trading can be profitable now. It is not possible to make a profit by working on earning sites. But if you have the resources or the ability to invest, buy and trade different coins. To trade you need to create an account on any of the authorized exchanges worldwide, plus you can trade there. First you have to have an idea about the coins. To be profitable in trading, you need to have a good idea of the market. What do you think, discuss?
That's right mate, in Cryptocurrency trading, we must have qualified knowledge and experience. If not then we will be hard pressed to make a profit!
-
Your right, before anyone should venture into the trading space, it best they have acquired lots of knowledge about it first before they begin trading , cause without a proper knowledge of how the market works they might just end up buying high and selling low, which is a bad choice of trading cause you can get rekt in less than 10 trades, so it's important to get acquire your knowledge about trading and your trading strategies first before you start trading.
-
It's also possible to trade without any proper knowledge. There are some platforms like tychoon that is allowing to use of features called mirror trading. Users can copy and traders they want to and they can also see that traders all trading portfolio and P/L in details.
-
Trading Cryptocurrency is a very difficult trade, but when you first enter Crypto Trading, you will not have knowledge of this trade. But over time these traders will learn slowly if they are serious about pursuing Cryptocurrency trading.
-
The market has to be analyzed before moving forward and moving forward to trade you need to have a good knowledge of the market as well as learn the trade beforehand. Basic things to know before with market analysis this will make the traders profitable.
-
well, to learn how to do well, you should be able to see several places of learning media that can provide a lot of information about the increases and decreases in cryptocurrency prices so that it will allow you to take good and correct steps to trade and know the right position to buy coins and sell it when it makes a profit.
-
well, to learn how to do well, you should be able to see several places of learning media that can provide a lot of information about the increases and decreases in cryptocurrency prices so that it will allow you to take good and correct steps to trade and know the right position to buy coins and sell it when it makes a profit.
It seems to me that in the cryptocurrency market, trading is now better done only by professionals, and those who are not confident in their abilities and do not have experience and knowledge, it is better to bet on long-term investments, especially given the rapid rise in prices for cryptocurrencies.
-
Now a days Knowledge and experience are the big assets of any particular positions. Those who are have these power they will be reach there is no doubt about it. Suppose you are willing to make any trade then defiantly you need to choice in which coins would you like to invest. Here you knowledge and experience can help you to find the good coins or asset to invest.
-
It is impossible to improve without gaining ideas and knowledge about cryptocurrency. In other words, in order to make a profit by investing or trading, one must have knowledge about the cryptocurrency market. Most of the investors in the market have gained ideas, knowledge and experience about the market.
-
If you don't have knowledge then how can it be possible to trade. A first we need to learn then we can acquire knowledge after that we can trade and will be benefited. So i think learning and acquire knowledge is the first priority to trade.
-
In order to profit from trading in the cryptocurrency market, one must have a good knowledge of all the cryptocurrencies of the cryptocurrency market. You have to have an idea about every coin in the market. The idea has to come from someone more experienced. Then it will be possible to benefit.
-
well, I really agree with what you say because until now we can see that many new people find it difficult to get profit because they make mistakes when trading and are too easily affected by uncertain situations that cause them to take wrong positions buy and sell.
-
Now I observe different traders and I understand that even with experience, knowledge and different analysis tools, it is very difficult to determine in which direction the market will go. It seems to me that knowledge is certainly needed, but the whole trading process depends on the analytical mindset, the availability of information and other qualities of the trader himself. It's a bit like sports betting where you choose the footboll team, the odds and place your bet.
-
It is impossible to improve without gaining ideas and knowledge about cryptocurrency. In other words, in order to make a profit by investing or trading, one must have knowledge about the cryptocurrency market. Most of the investors in the market have gained ideas, knowledge and experience about the market.
Not just an idea but mistakes too ;D ;D ;D
I remember how I made some mistakes that could have fetch me cool money back in my early days of trading, I wish I could go back and change that but it's impossible, we also learn from our mistakes.
-
I agree that it is good to better have a good undertstanding of trading environment before you engage to it. Better you fully undertstand the market movements, trading strategies, defense and dicipline. Try to understand about resitance and support so that you will minimize loss in every difficult situation.
-
I agree, swami, you can and should earn money on the stock exchange, if you have brains and you understand the coin and are able to analyze, then your path lies on the stock exchange. Of course, investments are needed, but they can be obtained in all sorts of bounty companies.
-
well, I really agree with what you do because I see many new people who can't trade but are determined to go directly to the exchange which ends up making themselves lose money because many people take the wrong position to buy and are late to sell when the price is high.
-
Obviously in a successful trading system one should have huge knowledge about trading, daily volumes, 24 hours total supplies and signal with difference price chart s...
-
That's true having the knowledge of market is very important I have seen so many people who started with huge money but they lost all of his money because they have no idea that how does market works.so before investing real money we should do demo trading.
-
Trading on the exchange can be both profitable and unprofitable. I advise beginners to first trade on demo accounts, gain experience in trading, then pour in their hard-earned money and earn.
-
Many people have the assumption that trading is gambling. But only a few know the concept of calculated risk. Anyone who wants trade should know what type of trader you are. Trading without knowing your risk appetite is very harmful to your pocket. Before jumping directly everyone should figure out their trading style. Excel is always our friend, write down every single trade, and analyze the data every weekend or every month. Try to figure out ways to reduce your risk and maximize profit. Believe me, even if you have an accuracy of 50% with the right risk to reward you can make a lot. And a piece of advice to everyone who is starting fresh, FOMO is real and if someone invests based on advice without doing any research you will lose all your hard-earned money.
-
Before any one decides to begin his/her trading journey, it's always important to have at least a basic knowledge of how it works, yeah trading can be very profitable but at the same time the risk involved is very high and without a proper trading strategy you could end up losing all your money, so having a good knowledge about trading helps you to make the right decisions.
-
I think that for a really profitable trade, it is more the dispensation and psychology of a person that decides and less the understanding of the market!
-
I think that for a really profitable trade, it is more the dispensation and psychology of a person that decides and less the understanding of the market!
If a person does not have certain knowledge, skills and understanding of trading in the cryptocurrency market, then no emotions and personal characteristics of a person will help him get good results from his activities. Although all these factors work in tandem very effectively.
-
Without basic knowledge in the field of cryptocurrency and trading, it is almost impossible to trade for profit, so you need to first study the market situation and the coins you want to invest in, then you need to make an informed decision.
-
Trading on the exchange can be both profitable and unprofitable. I advise beginners to first trade on demo accounts, gain experience in trading, then pour in their hard-earned money and earn.
Only beginners should trade on their demo account with Bitcoin and Ethereum trading. They also can use Binance wallet because binance exchange wallet is more appropriate for beginners.
-
To invest in any cryptocurrency, you must have knowledge of cryptocurrency to be more profitable. This means that the investor can be happy with the profit only when he invests with full idea.
Need more than luck to succeed in affiliate business. If you want to invest, you need to know well about cryptocurrency. You need to know about the existence of every new project in the market. Only then is it possible to succeed in every investment.
Investing without knowledge and experience in the cryptocurrency market is detrimental to any investor. So if you want to know more, you must observe the market.
-
Although trading in cryptocurrency is very profitable at present, the task is not so easy. To do well in trading you need to have a good knowledge of cryptocurrency, know about market movements, choose the right currency. In particular, you need to know about the project in which you want to invest, learn about the current and future plans of the project, the project team, etc.; Only then will you get success otherwise there is a possibility of loss.
-
Although trading in cryptocurrency is very profitable at present, the task is not so easy. To do well in trading you need to have a good knowledge of cryptocurrency, know about market movements, choose the right currency. In particular, you need to know about the project in which you want to invest, learn about the current and future plans of the project, the project team, etc.; Only then will you get success otherwise there is a possibility of loss.
I believe that for safer trading, you can initially choose only those assets that are always in constant demand and have a large daily trading volume. and, of course, with certain skills to conduct a technical analysis of the chart, with monitoring periods, you can get a fairly good income. But nevertheless, this requires experience.
-
Yes of course ,knowledge is very essential for trading. Without knowing anything about it will be very risky.For Trading it is necessary to know about charts,indicators,support and resistance .Along all these we should know about money management, risk reward ratio.
-
Obviously a good trader should have good knowledge about market, coins , price speculation and supply. If he has not enough knowledge about market, he can get possibilities of being losses.
-
For Crypto currency Trading we can easily create a Account without any cost, it is totally free of cost. But for Earning from Crypto trading, we need to more Idea, about crypto market otherwise it is impossible to make money from Crypto trading.
-
Sure, For Trading You have to Good Knowledge About the Market. And you Have to study About cryptocurrency market. Without Proper Knowledge you will be loser. Trading Is no too Earlier. Who are Trading without knowledge about the Market he losing his valuable Money. So i told at first we have to gather knowledge then come to trade.
-
Trading is not a gamble, rather its a professional field. To begin trading, one will definitely need to understand technical analysis, fundamental analysis and sentimental analysis. + One will need a practical experience which will be accrued over and and will contribute in building confidence in trading skills and patterns.
-
That's absolutely true, because trading without good knowledge you will experience losses, especially trading in the cryptocurrency world with high risk. Therefore, before trading, you must understand the market correctly, so that you do not lose but get profit.
-
It is advisable to know the fundamentals of the coin you are going to trade, if you only look at the chart and patterns you risk losing a lot! Trading is quite simple, but not many will understand it!
-
Trading is not a gamble, rather its a professional field. To begin trading, one will definitely need to understand technical analysis, fundamental analysis and sentimental analysis. + One will need a practical experience which will be accrued over and and will contribute in building confidence in trading skills and patterns.
That's right Mate, Cryptocurrency trading has knowledge. Important analysis is done here, good at reading price charts and others. Not as long as you place buy and sell orders, because it is true that this is not gambling.
-
Of course , an investor and trader should have enough knowledge and experienced about market, projects, price analysis and future development of projects and team management activities. He should must need future announcements of projects and investment coins.
-
Having knowledge of the market is very essential also downloading apps that show current price flow of each coin.
-
This is the reality about trading the crypto currency market; there is no short cuts to trading; its either you have good knowledge of the market and are a good trader; or you are simply gambling with your funds.
-
You can never be profitable if you do not have a good knowledge of cryptocurrency trading or if you do not have a good understanding of cryptocurrency trading. Currently we can see that some coins have been pumped abnormally. Those who have been able to analyze the cryptocurrency market have benefited a lot during this time. So if you have a good understanding of cryptocurrency trading then you can definitely benefit.
-
This is the reality about trading the crypto currency market; there is no short cuts to trading; its either you have good knowledge of the market and are a good trader; or you are simply gambling with your funds.
This is absolutely true, without a God knowledge of how trading works the trader is just simply gambling his funds hoping to make profit and in the end they always lose their money cause even when they are in profit, they ont know when to take profits or if it goes against them, they won't know when to cut thair losses, all this are essential to know before venturing into the trading space.
-
For sure trading is much more profitable but one can also lose alot to trading because of lack of knowledge and skills, for trader to be successful he needs to acquire much knowledge about trading and also know the strategies to use when trading because trading isn't gambling which is based on how lucky you are .
-
Actually for trading is easy if you can control your emotion, many people loss because they can't control the emotion. And always do diversification to minimize risk
-
Trading can be profitable now. It is not possible to make a profit by working on earning sites. But if you have the resources or the ability to invest, buy and trade different coins. To trade you need to create an account on any of the authorized exchanges worldwide, plus you can trade there. First you have to have an idea about the coins. To be profitable in trading, you need to have a good idea of the market. What do you think, discuss?
I agree with you, to be succesful in trading; you must have a trading knowledge' trading knowledge lets you the opportunity to know when to enter the market, take profit, exit the market and when to not trade at all. Always learn and be consistent
-
I agree with this, before trading, you need to carefully study the market and have a complete understanding of the risks of moving up or down! Without knowledge about the asset, they should not trade!
-
I don't truly know what you mean good knowledge of the market, all market scheme is same, deposit, withdraw, trade and more feature, you don't need to learn it because you will know it for natural. To make it simple, only using top market like binance
-
It is not possible to be successful in any way without knowledge in the trading market. I think the prerequisite of trading is to acquire knowledge. If you do not have the knowledge then you will not understand where you will invest or what is the best time to invest etc. The more you have knowledge, the more your ability to think will increase.
-
It is not possible to be successful in any way without knowledge in the trading market. I think the prerequisite of trading is to acquire knowledge.
Trading Cryptocurrency without knowledge is tantamount to wasting money for free, Crypto trading is a difficult thing. So we have to learn a lot of trade science, and this I have said since the beginning.
-
Agreed. Fond of music field and what I've found out, there is lack on transparency. Found out Utopia that is coming with entirely new standards on the field. Utopia Open Platform (UOP) is the ecosystem for the tokenized song. The UOP receives data from the existing Utopia Music Platform, which collects commercial music consumption and copyright data from numerous sources. Over the past 3 years, it has collected over 3 billion data points. They are redefining the music field, Google, curious to discuss
-
Some people using the CEX exchange will upload their personal data in order to start trading. But nowadays there are many Dex exchanges that don't need that kind of data, traders can now choose which exchange they will use for trading, P2P transactions will make it easier for all users and I think nowadays traders can choose which exchange they want by choosing the coins they want.
-
Some people using the CEX exchange will upload their personal data in order to start trading. But nowadays there are many Dex exchanges that don't need that kind of data, traders can now choose which exchange they will use for trading, P2P transactions will make it easier for all users and I think nowadays traders can choose which exchange they want by choosing the coins they want.
If we take uniswap for example, then this exchanger makes it possible to exchange cryptocurrency safely and independently, but at the same time, the fees are too high. It seems to me that there is a very big difference in commissions between DEX and CEX.
-
Absolutely yes, trading crypto is just like trading Forex, it is very risky to trade Forex without following the news, you have to know what the world is saying about the forex market to have an idea of what to trade, you have to know what currency the prominent people are talking about, from this, you know which currency pair to really focus on for that day, so it is in crypto also, trading a coin or currency without knowing any information about that coin or currency is called BLIND TRADING, it's one of the easiest ways to loose money both on Forex trading and crypto currency trading as well.
-
My friend every day gets very lucrative profits in this Crypto trading, with a capital of $2000 dollars he can make a profit of $100 in a day, He trades futures on Binance. And I have tried it but failed continuously, it means that knowledge in Crypto trading is very important to get big profits.
-
One of the major tools for trading is to know and have some basic knowledge about trading. This is a general necessity for any kind of trading. Knowing which coin is good to buy/sell at the moment, know when the market is changing, understanding the trends associated, knowing how to manage losses and protect gains etc. Knowing the basics of trading will place you in an edge of maintaining your loss/profit, and that will make trading fun. Otherwise, reverse is the case, and you end up losing all your capital, and end up saying trading is difficult.
-
My friend every day gets very lucrative profits in this Crypto trading, with a capital of $2000 dollars he can make a profit of $100 in a day, He trades futures on Binance. And I have tried it but failed continuously, it means that knowledge in Crypto trading is very important to get big profits.
In Binance future trade I already lost more than $500 dollars due to 5* leverage trading. I forgot to cancel my order in the time of market decreasing.
-
My friend every day gets very lucrative profits in this Crypto trading, with a capital of $2000 dollars he can make a profit of $100 in a day, He trades futures on Binance. And I have tried it but failed continuously, it means that knowledge in Crypto trading is very important to get big profits.
Your friend has some knowledge in charting analysis combined with indicator which had helped him to trade and earn profits, to have an edge over the market and earn profits consistently you need to study candlestick patterns and marking out support and resistance zones where the price might likely reverse all these stuffs required adequate knowledge and practice it appropriately on a live chart.
-
In fact, in order to trade, we know that a lot of knowledge is required, but this knowledge is not like that, it is necessary to have basic knowledge in cryptocurrency. If not, you can never make a profit by trading. Again, I have heard that many people will never be able to profit by trading by listening to fake signals without my faith. If he has no knowledge of cryptocurrency, then he must be at a loss.
-
We know that we can earn money very Easily through this Crypto currency Trading, but actually this is not Easy to Make money without any knowledge or Experience. So please Analyze first then invest Your money.
-
We know that we can earn money very Easily through this Crypto currency Trading, but actually this is not Easy to Make money without any knowledge or Experience. So please Analyze first then invest Your money.
for trading, the main thing is to know the asset you are going to trade. If a person already has trading skills, then he knows how to read charts and conduct technical and fundamental analysis. All he has to do is study a specific cryptocurrency and its behavior in the cryptocurrency market.
-
We do bounty but it is a very easy job but whenever we are trading but bounty is not as easy as it is. He must have knowledge of cryptocurrency in order to trade. If he is not proficient in all cryptocurrency exchanges, he will never be profitable. Therefore, we think that good experience is required to do cryptocurrency trading.
-
I think crypto currency investment is one of the world best investment platform in this time. But if you want gain more from the market you need to learn how to gain more profits in the market. You can earn profit by holding or staking a particular coin in the market. Another thing is that you can make good profit by trading different types of coin in the market. For that first of all you have to be a good trader by learning different types of trading strategy. Then you will be more profitable from the market.
-
At this time, those who will invest in cryptocurrency will be able to benefit. This is a very good time to invest. The market position is very good, so if you invest, you will definitely get a lot of profit. But if you want to trade, you must have good knowledge. Those who have experience in cryptocurrency and have knowledge about everything, now they can make good profit by trading.
-
I believe that the current period is very profitable not only for the trader, but also for the investors. Bitcoin and Ethereum charts almost simultaneously showed symmetric triangles and if you look at the rates of which cryptocurrencies, the highest level and the lower level, then this creates a bullish pattern and a corresponding area for accumulation, and in relation to these cryptocurrencies, trading, upon reaching a specific goal, is not only profitable, but also interesting.
-
Crypto currency is the large investment and trading platform in the world right now. Crypto currency price is growing day by day for that reason the number of investor is increasing largely. There are many investors who are willing to go for trading in the crypto market. But crypto trading is not a matter of joke. Its a large volume of trading is happening every moment. So trading is risky for new investor who don't have a large knowledge about trading. First of all every one should need to learn practical knowledge about cryptocurrency market. About which currency is good for short term investment and which one is for long term investment. so if any one wants to trade, you need to have a good practical knowledge about the market.
-
Not just for crypto, but any investment you will make. Anything that involves money, then you should have vast knowledge on the first. Just like on stock market, when I first invested on BTCS, (https://www.btcs.com/) I thought that I know it already since I am into crypto for a while now. But that doesn't seem to be the case. So I did study a lot again on stock market to know more about it.
-
Trading can be profitable now. It is not possible to make a profit by working on earning sites. But if you have the resources or the ability to invest, buy and trade different coins. To trade you need to create an account on any of the authorized exchanges worldwide, plus you can trade there. First you have to have an idea about the coins. To be profitable in trading, you need to have a good idea of the market. What do you think, discuss?
Knowledge is the most important thing in any form of trading whether it is a traditional way or online.
Without this thing, all the profit you are desiring will only become too risky only when you are in the actual trade.
But if you have the right knowledge surely IDEA will only be followed by that.
-
This is indeed very important, because professional traders certainly have high experience and knowledge about the Crypto market. Because with this knowledge they will be easy to choose and analyze which coins will give them a big profit for them to trade.
-
Becoming a trader needs a background in engineering, math, or hard science, rather than just finance or business.
Traders require research and analytical skills to monitor broad economic factors and day-to-day chart patterns that have impacts on financial markets.
The ability to focus and concentrate in a fast-moving environment is an underappreciated but crucial skill.
Also, Keeping an Accurate record of the market is important for trading.