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Author Topic: To trade, you need to have a good knowledge of the market  (Read 11826 times)

Offline Primo1760

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Re: To trade, you need to have a good knowledge of the market
« Reply #30 on: December 26, 2020, 10:39:10 AM »
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.

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Re: To trade, you need to have a good knowledge of the market
« Reply #30 on: December 26, 2020, 10:39:10 AM »

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Re: To trade, you need to have a good knowledge of the market
« Reply #31 on: December 26, 2020, 04:35:07 PM »
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.
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Re: To trade, you need to have a good knowledge of the market
« Reply #32 on: December 26, 2020, 05:52:06 PM »
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.
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Re: To trade, you need to have a good knowledge of the market
« Reply #33 on: December 26, 2020, 06:15:57 PM »
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 .
soon

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Re: To trade, you need to have a good knowledge of the market
« Reply #34 on: December 27, 2020, 07:00:07 PM »
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.

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Re: To trade, you need to have a good knowledge of the market
« Reply #35 on: December 27, 2020, 08:10:38 PM »
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.
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Re: To trade, you need to have a good knowledge of the market
« Reply #36 on: December 27, 2020, 11:39:49 PM »
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.
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Re: To trade, you need to have a good knowledge of the market
« Reply #36 on: December 27, 2020, 11:39:49 PM »


Offline Cinno3

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Re: To trade, you need to have a good knowledge of the market
« Reply #37 on: December 28, 2020, 12:01:14 AM »
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.
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Re: To trade, you need to have a good knowledge of the market
« Reply #38 on: December 28, 2020, 05:18:46 AM »
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.

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Re: To trade, you need to have a good knowledge of the market
« Reply #39 on: December 28, 2020, 07:19:48 AM »
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.
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Re: To trade, you need to have a good knowledge of the market
« Reply #40 on: December 30, 2020, 06:10:49 AM »
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.

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Re: To trade, you need to have a good knowledge of the market
« Reply #41 on: December 30, 2020, 06:38:47 PM »
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!

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Re: To trade, you need to have a good knowledge of the market
« Reply #42 on: December 31, 2020, 11:56:41 AM »
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.
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Re: To trade, you need to have a good knowledge of the market
« Reply #43 on: December 31, 2020, 12:28:28 PM »
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.
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Re: To trade, you need to have a good knowledge of the market
« Reply #44 on: December 31, 2020, 03:17:14 PM »
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.

 

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