Cryptocurrency

September 23, 2020

Updated:

August 23, 2024

These Are the Top Crypto Traders

Although trading is a "simple" profession if we consider the effort-reward relationship from a physical point of view since you could make thousands of dollars a day sitting from your bed.

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Although trading is a “simple” profession if we consider the effort-reward relationship from a physical point of view since you could make thousands of dollars a day sitting from your bed. However, it is a career that requires a lot of discipline, analytical skills, control over your own emotions and sometimes even sacrificed hours of sleep. The top crypto traders even tend to lead healthy and strict lifestyles to maintain the correct habits to favour their operations.

Disclaimer: this is not investment advice and we are not investment advisors. This should be considered for educational purposes only. Never invest more than what you are able to lose. 

What are the Top crypto traders?

It is known that approximately 90% of traders fail, and this is because they fail to develop an accurate view of the market. Clouded by greed, revenge, and nerves, the vast majority of traders close or mess up their own trades. To be successful in trading, self-control is mandatory, which is why the top crypto traders are so recognized.

A good trader is one who manages their positions around their risk / reward ratio, maintaining good risk management to minimize losses and maximize profits. Even if you lose more trades than you win, you will maintain a positive balance in your account.

In the crypto community many traders have stood out, but if there is one thing we can be sure of, it is that we will continue to see top crypto traders succeed in this market. Among these traders, we can follow the trading tips of:

  • @BTC_JackSparrow
  • @Tradermayne
  • @PhilakoneCrypto

These traders use Twitter to talk about market movements and giving trading advice.

Follow the best Crypto Trading Signals using AltSignals.

How to become a successful trader?

The first thing to understand is that getting rich from trading quickly and without getting tired is a dream.

Of course, with trading you have the possibility to get rich, but not quickly, and not without effort. Well, at least not without effort.

But -as we mentioned earlier- it is not the effort of the miner, the bricklayer, the worker, not even that of the employee who gets up every morning at 6 to spend 8 hours in the office supporting the boss, nor that of the employer who works 14 hours a day, Saturdays and Sundays, and he has to beg the banks to grant him loans.

Don’t stop analyzing the market

Everyday life is what will allow you to detect market patterns that are formed through the trend and how the candles behave in the face of volatility. Stopping looking at the charts for many days will definitely make you lose track of good trading opportunities.

Don’t use all your money

Don’t use money you can’t invest

To trade, you have to invest. Or, better, have a minimum capital that you can afford to lose. I’m not saying you have to lose it, but be prepared so that if you make a series of mistakes and lose your capital, it won’t catch you off guard.

Obviously, if you study, practice and consider trading, you will minimize the possibility of losing your capital. But it can happen, and it shouldn’t be about the money you need to live.

Train your trading psychology

For some, it will come naturally, and for others (most) it will be a long and painful process of acquiring the right attitude to trade. The best way to develop a good mindset and control your psychology is by creating good trading habits and setting parameters for your daily tasks. You trade to earn a daily amount while your capital grows fat, do not try to get rich in one day.

AltSignals Team

Proficient authors guiding you with transparency, integrity and education through the finance international markets

The AltSignals writing team consists of experts dedicated to the world of finance and technology, with a particular focus on cryptocurrencies and forex. Our writers bring a broad range of knowledge and experience, cultivated through years of arduous and direct involvement in financial markets, as well as intense technological collaboration.

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At AltSignals, we believe that transparency and education are the key to empowering our readers. Therefore, our content is meticulously researched to ensure its accuracy and thoroughness. Each of our articles is created with the aim of providing educational insights and in-depth analysis, helping both beginners and experienced traders.

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Integrity is certainly the foundation of our editorial process. The team follows rigorous journalistic standards with careful review, all to ensure that each publication is meticulously researched and exceeds our readers’ expectations.

Our mission is to provide analysis that informs as well as guides users and enthusiasts through the complexities of the cryptocurrency and forex markets. In line with our motto of “quality over quantity”, we guarantee that only the highest quality trading signals are published.

In addition to our commitment, which extends beyond the simple transmission of useful information, our in-depth analysis focuses on profitability and effectiveness squarely, avoiding the common industry habit of prioritizing profit over accuracy. Our traders are strategic experts who offer personalized help to those seeking worthwhile portfolio management tactics.

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Our authors are proficient in a variety of topics across the financial spectrum, from emerging trends in blockchain to the nuances of forex trading. This diverse range of knowledge allows the team to cover several topics, ensuring our content is always comprehensive and deeply specialized.

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We understand that the world of trading can be complex for many. Therefore, alongside producing informative articles, our team is also committed to interacting with the community. Through comment sections, forums and direct support, we encourage our readers to seek clarification and sharpen their understanding, promoting an environment of continuous learning.

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Looking to the future, the AltSignals writing team is imbued with a vision that transcends regular publishing, and continues to dedicate itself to discovering and reporting on the latest innovations and trends available in the market. We are constantly seeking to improve our skills and expand our knowledge, with the ultimate goal of being a reliable and respected source in digital financial journalism.

There is great commitment to discovering and reporting not only the latest news and trends in the market, but also to equipping our readers with the tools they need to navigate volatile markets with confidence. We firmly believe that, with the support of an appropriate platform coupled with accurate guidance, our readers and traders can turn market volatility into a competitive advantage.

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