My [ Journey ] trading crypto

[Adam-93]

If you're on high leverage, it will get wiped out
Good luck.

I never trade on "futures" just spot trading mate
Thank you !

 

[cursedbrain]

Trading is a bit more complex than just blindly buying low and selling high. Few people have managed to make a profit regardless of how the market is moving. Things to take into consideration/learn: Indicators (MACD, RSI, others), news, futures trading (gives you leverage of up to 200x and allows you to bet against the market/short). The beauty of it is that once you learn how to trade crypto you'll also know how to trade other assets, like commodities, stocks, and so on. Cheers & good luck!

 

[Adam-93]

Is your amount not to small because of the fees?

Not really the fees are not high on the exchange

 

[Adam-93]

Trading is a bit more complex than just blindly buying low and selling high. Few people have managed to make a profit regardless of how the market is moving. Things to take into consideration/learn: Indicators (MACD, RSI, others), news, futures trading (gives you leverage of up to 200x and allows you to bet against the market/short). The beauty of it is that once you learn how to trade crypto you'll also know how to trade other assets, like commodities, stocks, and so on. Cheers & good luck!

Not blindly buying the "red" , I'm also checking the chart / orders to decide but you got a point... I should learn more about indicators !!
Futures trading is not okay in my religion and don't wanna get liquidated so I'm just trading spot , thank you for your advices mate !!

 

[rimbouaida]

Good luck

 

[cidon]

Trading is very risky one bad trade and you'll loose your profits so be careful about it. Good luck

 

[Adam-93]

Trading is very risky one bad trade and you'll loose your profits so be careful about it. Good luck

Yes it is , I'm trying to be careful by using the stop-limit order to lose 1 to 2% per bad trade , thank you !!

 

[Abselate]

Yes it is , I'm trying to be careful by using the stop-limit order to lose 1 to 2% per bad trade , thank you !!

That's good, always place a stop loss on every trade.

 

[Pikachu09]

Bro! Following mate.. I am really interested in journey!...

 

[india]

What strategy do you follow? Price action? SR? or any indicator?

 

[sportsmen]

Thank you !

At the moment trading on Binance only but with a good capital it's not a good idea to put all the eggs in one basket...
I try to trade daily but sometimes if the price is not moving can wait for 2 days !!

I have like 20 coins on my "favorites" , when I see a good opportunity / "discount" and think that the price will increase again that's the coin I'm buying

Do you use any tool to analyze or predict the price?

 

[Adam-93]

That's good, always place a stop loss on every trade.

Yes stop-loss is very useful !

 

[Adam-93]

What strategy do you follow? Price action? SR? or any indicator?

Do you use any tool to analyze or predict the price?

I'm just analyzing the charts ( patterns ) and orders to predict the price !
For the second week got +5% , now I bought a coin at the lowest price of the year and waiting for the next pump , I'll just hold for a while !

 

[NancyShah]

Hello ,

I want to start this journey to stay motivated on my objectives !!
I started trading again this month with a small capital of 60$ , my first objective is making it 1000 $ capital !!

I'll share my progress in this thread...

Result of the first week : +11% ( 67$ )

Hi mate,

You've already taken a commendable step by diving into your trading journey with determination! Starting with $60 and aiming for $1000 is a bold goal, and your 11% progress in the first week is a clear sign of your dedication and skills. Keep that momentum going! Remember, every gain, big or small, is a step closer to your target.

 

[jonathan101]

Update mate?

 

[Gaitonde]

I'm just analyzing the charts ( patterns ) and orders to predict the price !
For the second week got +5% , now I bought a coin at the lowest price of the year and waiting for the next pump , I'll just hold for a while !

Did you gain on the coin that you are holding? Any updates?

 

[mericomerselli]

Good Luck! But I started with 2k about 5 month ago. Now it's 2.4k.

 

[menSA47]

Any Updates mate??

 

[Mcz88]

How did it go?

 

[seothatranks]

All the best for the journey.