Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: MrSpasybo on December 26, 2023, 12:34:42 AM
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I am using TradingView and am quite satisfied with the default and users' indicators. Thousands of indicators to choose, test and use, it's enough for me to monitor and analyze markets.
Over the past few years, I have also taught myself how to use TradingView's PineScript to create my own indicators according to my ideas. PineScript is not difficult to learn, it is a combination of Pascal, C++ and Python, it takes a few weeks to get used to and use its features :)
TradingView also helps link to exchanges via API so traders can directly place orders through TradingView, but I do not use this feature because I do not trust its security. My Binance, GateIO, KuCoin apps are managed separately on mobile devices.
There are many market tracking tools on the market that compete directly with TradingView such as Coinigy, eToro, Binance but in the end I still cannot leave TradingView (Free TradingView Alternatives (https://alternativeto.net/software/tradingview)).
Recently TradingView has placed more limitations on free users such as only opening maximum of 2 indicators at the same time or adding maximum of 30 trading pairs to the Watchlist. Honestly, this makes me very uncomfortable but I can't give it up. This is understandable when TradingView is highly appreciated by many traders:
TradingView Review – 2023 (https://www.businessexpert.co.uk/investing/tradingview-review-2023/)
TradingView Review 2023: Is It the Best Stock Charting Tool? (https://finmasters.com/tradingview-review/)
Are you using TradingView and what features are you using? Are you satisfied with what TradingView offers? Are you willing to leave TradingView for an alternative market monitoring service? If yes, which service is it?
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I also use tradingview.com, and like you, it's a big thing for me as a source of updates on what's happening in the market. And apart from this, I am also using Fairdesk.com while I am still learning it.
That's why it seems strange that you said that only two indicators can be used when you are a newbie here. I'm just not sure if I understood correctly what you said here. Then, if it's not comfortable, just don't use it.
You should use a platform where you are comfortable and don't think about things that are not fun. Also, even though I didn't use TradingView, there are many top exchanges out there that can be used, like Binance and others, so that we can still be updated on what is happening here in the cryptocurrency trading industry.
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I am gonna be honest, and that is that, I've not being using trading view all through my trading journey, maybe it's because I am not a consistent day trader, but more like a seasoned one.
And this is not to say that trading view is not important, nah, trading view is definitely one the most essential tools for professional day traders, and as such, it's one I believe traders can't really do without.
So let's say, if I was a really serious trader, I probably be using trading view, and in their limitations for free users, if I still find their service very profitable to my trading adventures, I don't mind going for the paid version, instead of switching to other alternative market monitoring services.
This actually is if I am unable to find an alternative market monitoring service offering for free, an important feature trading view is taking a charge for.
I hope this is clear enough to understand.
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At first wasn't using trading view. Recently started using it so I'm still getting used to it and trying to also master are to operate it. And the features are easy to access and all that so its actually a good app, mostly for day traders. And also good for market analysis. And I also love the informations posted there by other experience traders.
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I also use tradingview.com, and like you, it's a big thing for me as a source of updates on what's happening in the market. And apart from this, I am also using Fairdesk.com while I am still learning it.
That's why it seems strange that you said that only two indicators can be used when you are a newbie here. I'm just not sure if I understood correctly what you said here. Then, if it's not comfortable, just don't use it.
You should use a platform where you are comfortable and don't think about things that are not fun. Also, even though I didn't use TradingView, there are many top exchanges out there that can be used, like Binance and others, so that we can still be updated on what is happening here in the cryptocurrency trading industry.
I know that for many traders, 2 indicators at the same time is too much to evaluate the market, especially from the perspective of a Price Action trader. However, I am used to the limit of 3 indicators for free accounts that TradingView has applied, currently, I am forced to change my habits and constantly turn on and off necessary indicators such as RSI, MACD , Ichimoku…
Besides, I am also indicators creator thanks to PineScript, I regularly test to complete my indicators. Limiting from 3 indicators to 2 indicators means a 33% reduction, which is quite inconvenient. I'm looking for another market monitoring platform that supports programming languages so I can continue creating my own indicators.
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I think many trader use different indicator but In order to cut through market noise and concentrate on important indications traders that use this technique place a high value on simplicity and clarity in their actions. Those who adopt a "straight bato" mentality aim to reduce uncertainty by depending on distinct indications and criteria for making and breaking deals. In the ever changing world of financial markets where prompt and accurate action can mean the difference between success and failure this strategy might appeal to individuals who value efficiency and decisiveness. But in the dynamic world of trading, traders must find a balance between simplicity and in-depth study in order to make wise decisions and effectively manage risks.
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At first wasn't using trading view. Recently started using it so I'm still getting used to it and trying to also master are to operate it. And the features are easy to access and all that so its actually a good app, mostly for day traders. And also good for market analysis. And I also love the informations posted there by other experience traders.
Am not that good in trading because I mostly uses Buying and Holding that sometimes took me years before selling
but nowdays I am also having thought of using Trading views and windows , Binance is where I usually deal with my
crypto but there are certain mentor that I will first try to reach out before finalizing my plan , and will also take a
look in OP's shared links to make my own trading position now that we are nearing the Bull market like what
mostly expect in this close season.
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Well, when it comes to doing analysis, there are many tools, I use mostly the trading view to do the analysis more quickly, but I don't know if others have been stolen, for example the cao from tensorcharts.com and I like it a lot because they give the volume in real time and the purchases and sales, where the value in green is the purchases and the value in red is the sales, in tradingview it is not like that, it only represents the volume in particular, or that is why I maybe like TensorCharts a little more, but in view of this I have always said that Scuanod things are trying to be done better, it must be made evident by TradingView, which has so many tools, which has very good conditions for analysis.
I am not one to analyze much in a technical way, now there are many things to take into consideration, when I trade futures it is very necessary to do so, because in some cases things do turn out well, but it is necessary to know how to use the right equipment. view with the appropriate tools for good prediction.
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Either we make use of trading view or not, we are still going to speculate well and make the proper research and adequate preparations needed to make our trading an exceptional experience because we need to make use of as many tools in deriving a particular decision on trades, we are also taking risk in trading because not all do eventually work out as planned at the e end.
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I've been a tradingView user since the first time I traded, and it's the most complete trading tool I've ever used.
Professional traders also use tradingView as their desk for technical analysis because there are many indicators that will help in the technical process.
If you are a professional, of course, using premium view trading is a must.
Because free tradingView will only be limited to 2 indicators, and it is not enough to help to do a complete analysis.
Sign up for tradingView premium if it's worth-it with your job and income.
Only about $12-$50 depending on the selected package.
(https://www.talkimg.com/images/2024/01/02/sdDia.png)
https://id.tradingview.com/pricing/#plans
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Besides, I am also indicators creator thanks to PineScript, I regularly test to complete my indicators. Limiting from 3 indicators to 2 indicators means a 33% reduction, which is quite inconvenient. I'm looking for another market monitoring platform that supports programming languages so I can continue creating my own indicators.
Is the paid plan too expensive for you? It is quite competitive compared to other paid products such as Coinigy, if I remember correctly. Do you have a Kraken account? AFAIK, Cryptowatch is now integrated into their platform so you can try them too (no longer free after September 2023, IIRC). Some articles also named Insilico Terminal as one of TradingView alternatives, although I've never used them before. There is also Quadency or Orion Terminal, although it doesn't compete with TradingView. If your workflow uses TradingView API, probably better to buy their plan. Most of these platform requires your exchange API anyway. CMIIW.
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I just heard this, sir, it sounds good to start trading on TradingView, but can you explain more about TradingView because now many trading places are lacking in terms of security... If I still trade on exchanges like Binance, Kucoin, gateio and many others because this exchange has become global in the eyes of traders... perhaps tradingview could also be said to be a good and quality exchange like the exchange above...
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Every trader has his own strategy in trading and every trader prefers to trade with his own strategy. The trading strategy that seems difficult to you may be found to be very easy to me and what seems easy to you may be very difficult to me.
My trading strategy is to buy DCA method. I have $100 and I feel like I should trade now and I don't trade then but not with $100 but with 70% of it and the rest 30% I take in the next phase of the market I think the risk of trading is high less Many may not like my trading strategy but for me this trading strategy is the best. In taking trades I usually observe the candles well and have a good understanding of the market charts and these help me in trading.
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At first wasn't using trading view. Recently started using it so I'm still getting used to it and trying to also master are to operate it. And the features are easy to access and all that so its actually a good app, mostly for day traders. And also good for market analysis. And I also love the informations posted there by other experience traders.
Most of the time that I do trade, exchange charts suck and they lack the qualities of a trading view. Anytime I want to analyse my chart, I go to Trading view and make the setup and if I'm satisfied by the current trend of the market with the exchange and pair I like, I then proceed to open an order on the exchange while I continue to monitor my activity in the trending view because you are not limited to a single free indicator, unlike in the exchange where you don't have much to play with.
Another cool feature I like about trading view is that it helps you master trading if you have an account with them. You will be given virtual funds to trade any type of assets that you want to trade without using exchange, as a beginner it makes you master trading even as a professional you can master your trading there without making use of the exchange and your own money.
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Besides, I am also indicators creator thanks to PineScript, I regularly test to complete my indicators. Limiting from 3 indicators to 2 indicators means a 33% reduction, which is quite inconvenient. I'm looking for another market monitoring platform that supports programming languages so I can continue creating my own indicators.
Is the paid plan too expensive for you? It is quite competitive compared to other paid products such as Coinigy, if I remember correctly. Do you have a Kraken account? AFAIK, Cryptowatch is now integrated into their platform so you can try them too (no longer free after September 2023, IIRC). Some articles also named Insilico Terminal as one of TradingView alternatives, although I've never used them before. There is also Quadency or Orion Terminal, although it doesn't compete with TradingView. If your workflow uses TradingView API, probably better to buy their plan. Most of these platform requires your exchange API anyway. CMIIW.
I don't have a good enough source of income so paying for a Premium account is impossible for me. Temporarily, I learned to get used to the current inconvenience to continue using TradingView.
I have tried using a few other platforms, for example MT also supports code in the MQL language (quite similar to C++), but they are not friendly and do not have as much data as TradingView. TradingView is truly the best market tracking app out there, at least for me.
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Every trader has his own strategy in trading and every trader prefers to trade with his own strategy. The trading strategy that seems difficult to you may be found to be very easy to me and what seems easy to you may be very difficult to me.
My trading strategy is to buy DCA method. I have $100 and I feel like I should trade now and I don't trade then but not with $100 but with 70% of it and the rest 30% I take in the next phase of the market I think the risk of trading is high less Many may not like my trading strategy but for me this trading strategy is the best. In taking trades I usually observe the candles well and have a good understanding of the market charts and these help me in trading.
If that's what you're doing, DCA tools are a good way, in my opinion. Besides that, they've been proven and tested, to be honest. Honestly, it's really different that we ourselves make a way to the strategy so that we can get a profit in trading.
Though, the trading view is from a different angle; it can still help any traders who have extensive knowledge or even just basic knowledge of trading. It can still produce help for us in terms of getting profit in the crypto trading business.
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Every trader has his own strategy in trading and every trader prefers to trade with his own strategy. The trading strategy that seems difficult to you may be found to be very easy to me and what seems easy to you may be very difficult to me.
My trading strategy is to buy DCA method. I have $100 and I feel like I should trade now and I don't trade then but not with $100 but with 70% of it and the rest 30% I take in the next phase of the market I think the risk of trading is high less Many may not like my trading strategy but for me this trading strategy is the best. In taking trades I usually observe the candles well and have a good understanding of the market charts and these help me in trading.
If that's what you're doing, DCA tools are a good way, in my opinion. Besides that, they've been proven and tested, to be honest. Honestly, it's really different that we ourselves make a way to the strategy so that we can get a profit in trading.
Though, the trading view is from a different angle; it can still help any traders who have extensive knowledge or even just basic knowledge of trading. It can still produce help for us in terms of getting profit in the crypto trading business.
It's interesting, I've always wanted to do a lot with this tool, but the truth is, the tool I like to use, which is the volume profile pes, is paid and that's what I don't like, however in tensorcharts it's free, I can't deny tadingview has to do many analyzes using some tools and indicators that are level 1 A, but sometimes you can't do many of them in a single analysis unless you have the paid version, but for me it is basically very necessary or basic and the volume profile, because that is when it helps me the most to tell how the volume is moving and for me it is Easier to make Decisions having a defined volume, a consolidated volume because in crypto it is quite difficult to obtain , that is why This tool is essential for me.
I am what they say, that I don't have to read by the form of the graph but by the volume and that is why I then try to understand the movie not from the chart, for me there is no other Way.
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Though, the trading view is from a different angle; it can still help any traders who have extensive knowledge or even just basic knowledge of trading. It can still produce help for us in terms of getting profit in the crypto trading business.
Yeah, what I like most about TradingView is that it has a large community and is always willing to share opinions at Ideas. I always follow the newest and hottest Ideas to get top traders views on the market state as well as future scenarios. I have learned a lot from the pro-traders on TradingView, especially from how they use indicators and trading methods 🤩
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so far its the just the simple ones that i'm using RSI and the Squeeze Momentum. they use to allow 3 but now its just 2. when you have a paid subscription of tradingview which indicators can you add to the free ones you are using?
if one day the metatrader allows us to be used on cryptocurrencies, i would probably go use it. once binance release their own metatrader version, people will likely shift to it. they say its more appropriate in trading. right now i didn't even connect my tradingview on binance.
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so far its the just the simple ones that i'm using RSI and the Squeeze Momentum. they use to allow 3 but now its just 2. when you have a paid subscription of tradingview which indicators can you add to the free ones you are using?
if one day the metatrader allows us to be used on cryptocurrencies, i would probably go use it. once binance release their own metatrader version, people will likely shift to it. they say its more appropriate in trading. right now i didn't even connect my tradingview on binance.
When the developers realize that the product they have is very useful, they will pay additional fees to get money from the product they have, including the possibility of providing support as well, so that their application continues to run for a long time because it provides an appearance like that. with fast responsiveness requires quite expensive costs. Be careful, and don't connect your Binance wallet to multiple sites so that your wallet doesn't get drained.
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so far its the just the simple ones that i'm using RSI and the Squeeze Momentum. they use to allow 3 but now its just 2. when you have a paid subscription of tradingview which indicators can you add to the free ones you are using?
if one day the metatrader allows us to be used on cryptocurrencies, i would probably go use it. once binance release their own metatrader version, people will likely shift to it. they say its more appropriate in trading. right now i didn't even connect my tradingview on binance.
I also often follow the price chart on the Binance app because it's really convenient and has an unlimited number of indicators.
I only use TradingView because it supports PineScript and allows me to create my own indicators. I do not connect TradingView to any CEX, I thinh it is too dangerous to give 3rd parties permission to access my trading account.
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Having Tradingview is part of my daily life as a trader and I think traders can't trade without this. We can't analyze well if we only use the chart provided by the exchanges, it feels different if we used to analyze the market using this site. You can see a lot of indicators and tools that you really need to make a good analysis. One of the best stuff I like in using Tradingview is you can utilize multiple charts in one monitor. That's why there is no trade if there is no Tradingview.
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Having Tradingview is part of my daily life as a trader and I think traders can't trade without this. We can't analyze well if we only use the chart provided by the exchanges, it feels different if we used to analyze the market using this site. You can see a lot of indicators and tools that you really need to make a good analysis. One of the best stuff I like in using Tradingview is you can utilize multiple charts in one monitor. That's why there is no trade if there is no Tradingview.
As a professional trader we should know about trading view.
See indicator and tool there.
We can predict what will go the coins.
But it needs experience to know it..Good experience is not instant.
It will take along time to expert.
But not too late, to start learn trading view
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Having Tradingview is part of my daily life as a trader and I think traders can't trade without this. We can't analyze well if we only use the chart provided by the exchanges, it feels different if we used to analyze the market using this site. You can see a lot of indicators and tools that you really need to make a good analysis. One of the best stuff I like in using Tradingview is you can utilize multiple charts in one monitor. That's why there is no trade if there is no Tradingview.
Maybe you are a professional trader and are using a paid account on TradingView to maximize the benefits of working and earning more profits from the financial markets. I usually only use TradingView to observe market fluctuations and update the prices of tokens in my portfolio and watchlist.
It would be great if TradingView returned to users a Watchlist as large as 500 pairs and up to 3 indicators at the same time. 😁
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As a professional trader we should know about trading view.
See indicator and tool there.
We can predict what will go the coins.
But it needs experience to know it..Good experience is not instant.
It will take along time to expert.
But not too late, to start learn trading view
Professional traders, of course, already have a lot of experience, and from that experience they know how to trade properly and correctly. But you need to pay attention to the fact that everything you do to become a professional requires sacrifice and requires capital, which of course is not small. So when you have to be a professional, it is best to give direction to new traders who are still learning. One thing you need to remember is that analyzing using a trading view will not fully occur because cryptocurrency price movements can never be predicted accurately.
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Having Tradingview is part of my daily life as a trader and I think traders can't trade without this. We can't analyze well if we only use the chart provided by the exchanges, it feels different if we used to analyze the market using this site. You can see a lot of indicators and tools that you really need to make a good analysis. One of the best stuff I like in using Tradingview is you can utilize multiple charts in one monitor. That's why there is no trade if there is no Tradingview.
As a professional trader we should know about trading view.
See indicator and tool there.
We can predict what will go the coins.
But it needs experience to know it..Good experience is not instant.
It will take along time to expert.
But not too late, to start learn trading view
Even newbies in trading should know about Tradingview. There's a lot of essential tools there that you really need in trading. In my opinion, relying solely in experience to gain knowledge is good but if you join a good mentorship program with a good experience in the market is great.
Having Tradingview is part of my daily life as a trader and I think traders can't trade without this. We can't analyze well if we only use the chart provided by the exchanges, it feels different if we used to analyze the market using this site. You can see a lot of indicators and tools that you really need to make a good analysis. One of the best stuff I like in using Tradingview is you can utilize multiple charts in one monitor. That's why there is no trade if there is no Tradingview.
Maybe you are a professional trader and are using a paid account on TradingView to maximize the benefits of working and earning more profits from the financial markets. I usually only use TradingView to observe market fluctuations and update the prices of tokens in my portfolio and watchlist.
It would be great if TradingView returned to users a Watchlist as large as 500 pairs and up to 3 indicators at the same time. 😁
I've been in trading for many years now but there's no way I can say that I am professional trader nor my trading experience is enough ;D
It's true that we can fully get the benefits of Tradingview if the account we used is premium. With premium account we can do backtest effectively if we can replay the chart.
True, I was shocked that I can't add more pairs. I have most of the pairs in Binance futures in my list and I need to delete many pairs to add one. As a temporary solution for this, I used red list to add new pairs.
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I've been in trading for many years now but there's no way I can say that I am professional trader nor my trading experience is enough 
It's true that we can fully get the benefits of Tradingview if the account we used is premium. With premium account we can do backtest effectively if we can replay the chart.
I'm not a professional trader, but sometimes do trading in Binance.
Trading view is useful.
But honestly I didn't have premium account.
I personally prefer in holder.
Buy potential altcoin and hold several months.
When I feel I have made a profit I will sell it.
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I'm not a professional trader, but sometimes do trading in Binance.
Trading view is useful.
But honestly I didn't have premium account.
I personally prefer in holder.
Buy potential altcoin and hold several months.
When I feel I have made a profit I will sell it.
Your trading method is correct because so far, basically, traders will immediately implement long-term investments when the coin price collapses and when the person is unable to monitor the condition of the exchange, so they will buy in the morning and leave it for the next few days and when the price is up. goes up, it will give you a profit because the price changes.
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I've been in trading for many years now but there's no way I can say that I am professional trader nor my trading experience is enough 
It's true that we can fully get the benefits of Tradingview if the account we used is premium. With premium account we can do backtest effectively if we can replay the chart.
I'm not a professional trader, but sometimes do trading in Binance.
Trading view is useful.
But honestly I didn't have premium account.
I personally prefer in holder.
Buy potential altcoin and hold several months.
When I feel I have made a profit I will sell it.
I don't like to hold Altcoins because Altcoins are not trustworthy. I have experienced losses by holding Altcoins that was 2022, in 2022 I was holding some Altcoins 4 to 5 coins. Among them, two coins Luna, FTX, these two Altcoins were very reliable but have completely disappeared from the market and have absorbed the wealth of thousands of investors. But I prefer short term training because it has to be Bitcoin, for me Bitcoin is the only reliable coin with very low chance of losing even if you trade for a long time.
All trades have risks but in comparison Bitcoin is much less risky. Because the Bitcoin halving cycle starts every four years, so the price of Bitcoin is always going up, that's why I want to say that trading Bitcoin is very low risk.
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I've been in trading for many years now but there's no way I can say that I am professional trader nor my trading experience is enough ;D
It's true that we can fully get the benefits of Tradingview if the account we used is premium. With premium account we can do backtest effectively if we can replay the chart.
True, I was shocked that I can't add more pairs. I have most of the pairs in Binance futures in my list and I need to delete many pairs to add one. As a temporary solution for this, I used red list to add new pairs.
I feel much more inconvenient when I can only open 2 indicators at the same time. I'm a PineScript dev, I often need to check my Indicators and the loss of 1/3 indicators = 33% is really quite serious.
List also limits user usage. 30 pairs may be enough for a portfolio but is not enough to monitor the market. We have hundreds of tokens in this crypto market.
I also use Watchlist + Red list = 60 pairs. I don't know if the Deleted list has a limit of 30 pairs or not :)
It would be nice to be able to pay for a Premium account, but $13 per month is quite expensive for me. I want to leverage every $ to DCA BTC.
Thanks to TradingView's stingy policy, I will try to get used to the inconveniences and look for alternative applications. TradingView is about to lose its loyal users and free advertisers 😆
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I don't like to hold Altcoins because Altcoins are not trustworthy. I have experienced losses by holding Altcoins that was 2022, in 2022 I was holding some Altcoins 4 to 5 coins. Among them, two coins Luna, FTX, these two Altcoins were very reliable but have completely disappeared from the market and have absorbed the wealth of thousands of investors. But I prefer short term training because it has to be Bitcoin, for me Bitcoin is the only reliable coin with very low chance of losing even if you trade for a long time.
All trades have risks but in comparison Bitcoin is much less risky. Because the Bitcoin halving cycle starts every four years, so the price of Bitcoin is always going up, that's why I want to say that trading Bitcoin is very low risk.
What you are afraid of is true, and as you know, altcoins have very high risks. It's better not to hold altcoins for too long, and it's better to hold bitcoin, which has the certainty that it will provide a lot of profit for those who hold it for a very long time because the price will always rise every year.
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- I also use a trading view, and like you, I am also satisfied because I have been able to practice what I learn every time I trade here in the crypto space in terms of trading, to be honest. It helps me a lot to get a profit from trading, although I know that there are many exchanges out there that can be used.
It can also be used for teaching if we want to teach other people we know, or it can also be used to monitor what is happening in the market from time to time.
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- I also use a trading view, and like you, I am also satisfied because I have been able to practice what I learn every time I trade here in the crypto space in terms of trading, to be honest. It helps me a lot to get a profit from trading, although I know that there are many exchanges out there that can be used.
It can also be used for teaching if we want to teach other people we know, or it can also be used to monitor what is happening in the market from time to time.
Although I don't like TradingView's new limitations for free accounts, I cannot deny that TradingView has many really useful and user-friendly features. Like many other analysts, I also often use TradingView to present my analysis and trading ideas, and we all become free promoters of TradingView, helping TradingView get more users and more income ^^
P/s: it would be better if TradingView allowed free accounts to open more indicators at the same time, adding more trading pairs to the Watchlist ;D
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Although I don't like TradingView's new limitations for free accounts, I cannot deny that TradingView has many really useful and user-friendly features. Like many other analysts, I also often use TradingView to present my analysis and trading ideas, and we all become free promoters of TradingView, helping Trading get more users and more incom
I rarely use trading view, only a few times. Because I prefer to analyze manually. But I don't hate trading views, because trading views are very useful.
I can't do trading every day. I have other things to do , have to work and take care of my family. Maybe when I'm free I will look at the market and start trading.
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I rarely use trading view, only a few times. Because I prefer to analyze manually. But I don't hate trading views, because trading views are very useful.
I can't do trading every day. I have other things to do , have to work and take care of my family. Maybe when I'm free I will look at the market and start trading.
The trading method you use seems very risky because when you want to buy coins in cryptocurrency trading, of course you need proper analysis because if you make a mistake, the capital or money you use could possibly be lost. But when you are busy, as you mentioned above, you can get into coins that are a little safer and can be stored for the long term. Bitcoin is a smart choice for you.
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I rarely use trading view, only a few times. Because I prefer to analyze manually. But I don't hate trading views, because trading views are very useful.
I can't do trading every day. I have other things to do , have to work and take care of my family. Maybe when I'm free I will look at the market and start trading.
TradingView is just a channel for us to update assets price chart, and it provides more technical analysis tools for traders. If you are interested in market conditions and want to approach the market through a technical approach, price charts are extremely necessary, and TradingView or other market tracking tools are necessary.
If you already have a long-term weekly or monthly DCA plan in place, monitoring the markets through tools like TradingView is probably not really necessary.
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The trading method you use seems very risky because when you want to buy coins in cryptocurrency trading, of course you need proper analysis because if you make a mistake, the capital or money you use could possibly be lost. But when you are busy, as you mentioned above, you can get into coins that are a little safer and can be stored for the long term. Bitcoin is a smart choice for you.
I think if you don't have a lot of time, then just doing a system of saving in Bitcoin is good enough for the long term because that way the risk you face will be very small and will probably give you a lot of profit when you hold it for more than five years.
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I think if you don't have a lot of time, then just doing a system of saving in Bitcoin is good enough for the long term because that way the risk you face will be very small and will probably give you a lot of profit when you hold it for more than five years.
BTC is always the safest choice in the crypto market while still ensuring profits for long-term holders. I also focus on BTC, but share a small part of the account with top altcoins to get better profits, thereby being able to buy more BTC during the crypto winter.
The crypto market is not too complicated for long-term investors: cyclicality is working very well and we can buy and sell rationally to optimize profits. I do not advise anyone to hold BTC from the old ATH to the new ATH :)