Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: keerrath29 on September 19, 2018, 01:55:01 PM
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I like this trading field . But i don't know to do this. What are the suggestion for this question ?
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I like this trading field . But i don't know to do this. What are the suggestion for this question ?
I think there are many ways for trading strategies, if I think it's arbitrary for people who like to count and have a lot of free time, because they have to be good at analyzing and calculating price, cost and profit differences. the time needed is also long because you have to wait for the delivery confirmation.
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Trading crypto-currency is potentially very high-yielding activity. Here are 5 rules in my opinion that you can appreciate!
1. Do not trade on signals
2. Do not wait for the highest / low price of a coin
3. Analyze and think ahead
4. Use forks of coins
5. Correct psychology ;)
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How to become a crypto trader that is profitable is by trading wisely and not using dirty methods. Trading is done to see the market situation. If the Crypto market situation falls, that's when you can buy the crypto you want at a low price. Vice versa, if the market goes up, that's where you sell your coins. What is clear, Trading requires high patience to be successful.
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This crypto trade looks simple, even though this is actually not easy. A trader who wants to succeed here must always be active in seeing price movements. The goal is to be a reference when we have to buy and resell. Because from there you will benefit.
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Be a sportsman who is sporty and experienced in trading in this crypto world and has extensive knowledge as well. Basically in that battle we buy when the price of the Token or coin goes down, because it's a chance to buy and get cheap coins bro. After the price goes up, that's when you sell it and make a profit. Simple way. As long as you can be patient.
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I like this trading field . But i don't know to do this. What are the suggestion for this question ?
For now we can't really sure that being a crypto trader will make us profitable because most of the traders today are losing too much of their capital due to continues drops of the market.
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You should observe first and check the volume changes and the graph. i think this will help you to learn more about trading then the next step is to buy in low price then wait it to pump then sell it high
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I am not good at trade. But most of people advises same things.
Only invest what you can lose
Dont be greedy
Dont invest blindly (read, watch, learn)
Dont FOMO
Always learn from your mistakes
Follow news (especially on bitcoin and ethereum)
Diversify your portfolia
Set stop losses
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the key in the world of commerce is to be patient and have sufficient experience.
to be a criptococurrancy trader we have to have free time to see price movements if there is a chance to buy cheap ones, just buy it if we can get enough profit that we just sell
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I like this trading field . But i don't know to do this. What are the suggestion for this question ?
I think to become a profitable trader we need to work hard to study the tips and strategy in order for us to become an expert and can easily understand the movement of crypto currency most especially during bear market season.