So, I was wondering how you do trading?
1. Which exchanges you use and why?
2. Proces... so first you screen the coins, how? You get signals from somewhere? Where? Telegram groups? Is it reliable? You pay? After screening the coins then proceed to technical analysis or chart analysis? You do daily trading, scalping, swing... what is your method and why?
Thanks for answers.
Hello, to choose an exchange, you'll need one with low fees and ample liquidity, plus access to a good variety of coins to trade. Bitget fulfills these criteria for me but sometime I also explore other top 5 centralized exchange particularly if the coin I want to trade isn't available on my preferred exchange. As for the second question, I check the volume profile of coins within the past 24 hours. Then, I proceed to Coingecko/CMC to see if there's any news related to the one that gets my interest. I'm more of a daily trader because I don't have the patience for swings, ahah. Therefore, I use the 1-hour to 15-minute timeframe for analysis.
P.S. Relying on signals can slow your development as a trader. Remember to DYOR.