alright lads this thread is for smart anons that have had success trading and /making it/
post helpful advice for how to make money in bull and bear market (aside from obvious buy low sell high) so other NEETs can make it please I think now is a good time for this thread since there are not many normies on biz atm I think
Calling all chads
Landon Anderson
Tyler Mitchell
>buy low sell high
you're not from here
Dominic Hughes
Learn forex
I did. And it took years of failing but now I’m a success. Avoid this crypto bullshit unless you plan long term holding. I routinely make 2-5k per week...once you figure out your system, it’s like finding Waldo when everyone else can’t see it.
If you want to make money, look at someone that was successful and go with it.
Hunter Cruz
I’m
Looking at you.
Help me.
Joshua James
thanks for the addvice bro but what do you trade is it world currency like USD and euro??
also does anybody still think its possible to make it in crypto if your a poorfag with a couple hundred dollars? I'd imagine for that to happen bitcoin would have to be worth like 500k someday do you guys still think thats possible
Josiah Watson
Aight imma bouta lay down the hard truths. Any 'strategy' that's out there doesn't work. Period. TA, FA, whatever the fuck it is, as long as another person is using the same strategy it's doomed to fail eventually. If you wanna trade successfully, you have to invent your own system that no one has ever thought up of before. I've got my own indicator that, aside from like 2 scientific journals, I'm pretty sure no one else has thought up of yet. I've been living off day/swing trading for just about 7 months now. Not rich at all but it pays the bills. I'll letchu know what my strategy was before it got absolutely rekt by this neural net craze. I used to take a fourier transform of the logs of prices and use that to extrapolate pct swings by reconstructing sine wave periods. It wasn't perfect but it worked at least over half the time which was important. But again, NN's rekt that and I had to find something new, which thankfully I did after some time.
Colton Nguyen
i mean of course no strategy works 100 percent of the time but even with basic understanding of EMA RSI and MACD you can spot opportunities for good and bad times to enter a position
what your saying seems pretty memes not that I doubt what your saying is true
Mason Evans
The issue with all those indicators you put, which I'm sure you're aware, they're lagging indicators. By the time a swing is confirmed it's usually too late for major gains. You absolutely have to find some way to predict the market before it happens if you even want a remote chance of winning.
Brody Gutierrez
I'll also throw in one other bit of advice in general. Most of the 'tips' out there are fucking bullshit designed to leech off of new investors/traders. Classic example - you've probably heard of the saying, 'Never invest more than you're willing to lose.' This is a trap. New investors will get into the mindset of 'Oh well this was lost money anyways i'll hold through the dip.' Oldfags will profit off this. The real saying that should be preached is 'Never lose more than you're willing to lose.' Put everything you have in, lose the ego and set clear and defined exit and entry points.
Repeat ad nauseum to every other 'tip' you can think of.
Tyler Cox
Take your money and divide it up. Watch charts for a while, pick some coins, spend some time accumulating fiat and getting verified on exchanges, research other aspects of crypto like learning to keep your wallet secure or whatever. Make your bed.
Buy into coins at low points. Never sell at a loss unless some real CRUSHING news comes out. And even then the coin might just get rebranded and be worth even more if you're patient enough. So look at crypto as your secret life. Nobody needs to know about it. Develop a 2nd personality and keep it a secret form your other personality. It makes holding a lot easier when you pretend the money doesn't even exist. So you buy into dips a little at a time, not blowing your load all in. Overdiversification is a meme that brokers tell to new traders because they want them to lose, and people parrot it here because they don't know shit. You want to watch at least a dozen coins. At least. Follow some big twitters, telegram groups, and dedicate some time each day to reading forums
So you buy low and then you sell high and try not to go taking everything you hear too seriously. And when your coin bottoms out for no good reason, and you start to think 'wellll maybe it's time to move on' think again and grow some balls and buy more. This is how whales are made