Best guide amd step to learn to buy and trade

doomloop

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Quote from: Stable090 on June 22, 2024, 05:13:18 AM

Quote from: Real FB on May 26, 2024, 12:31:02 AM

First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me

If you are planning to be a trader, then you should be ready to learn and risk your money because trading requires constant learning and practice. If you are practicing, then you are going to be losing money, so before you put your money into trading, the first thing you should do is to accumulate more knowledge about trading and discover the strategy that you will want to be using. Also, as a beginner trader, make sure you deposit and trade a small amount of money because you might likely be losing money in the process of learning how to trade, so the more you keep on understanding it, the more you can increase the amount you will be trading with.

It is true that when a person starts trading he learns and in the process of learning he loses a good amount of money as happened to me when I started trading some time ago. There was nowhere to get guidelines on trading because I was new and didn't know much, I bought coins during the learning process which caused me a lot of losses, and some of the coins I have lost money in are still with me and I have nothing but the hope that they will all go to profit someday.

So the best thing for newbies is to understand the market well, determine the time to trade and learn well, and learn how to set stop-losses. Also, learn all the nuances that are important to learn in trading and invest your money only after that. Also, like me, they may also face losses and wait for a long time to return the invested money.

uswa56

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Quote from: Stable090 on June 22, 2024, 05:13:18 AM

If you are planning to be a trader, then you should be ready to learn and risk your money because trading requires constant learning and practice. If you are practicing, then you are going to be losing money, so before you put your money into trading, the first thing you should do is to accumulate more knowledge about trading and discover the strategy that you will want to be using. Also, as a beginner trader, make sure you deposit and trade a small amount of money because you might likely be losing money in the process of learning how to trade, so the more you keep on understanding it, the more you can increase the amount you will be trading with.

Studying trading and continuously practicing will of course be very useful for us when we want to get good results in the trading we do, but we must be patient in every process of learning to trade because in trading we will of course suffer losses due to a lack of understanding about trading and We must correct these mistakes by continuing to learn and try to correct these mistakes so as not to repeat the same mistakes when trading.

Using small capital when first trying to trade will of course be very useful because we will be able to return to trading when we fail at the start because everyone who tries it for the first time will certainly experience losses and with the small capital that we bring of course this It doesn't burden us to try again when we fail on the first try and we must be able to correct this and try again until we become experts in the field of trading.

Stable090

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Quote from: Real FB on May 26, 2024, 12:31:02 AM

First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me

If you are planning to be a trader, then you should be ready to learn and risk your money because trading requires constant learning and practice. If you are practicing, then you are going to be losing money, so before you put your money into trading, the first thing you should do is to accumulate more knowledge about trading and discover the strategy that you will want to be using. Also, as a beginner trader, make sure you deposit and trade a small amount of money because you might likely be losing money in the process of learning how to trade, so the more you keep on understanding it, the more you can increase the amount you will be trading with.

Gaza13

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Quote from: God bless u on June 06, 2024, 08:07:26 AM

The best way to learn trading is by doing some basics coursers from YouTube or any other legit website like Udemy etc and then you have to practise those skills at the trading platforms.

Most of the platforms gives demo accounts where you can easily practice your skills but I'll advise you to put some money and then play with your skills. The more money you'll stake the harder you'll try to convert them into profits. In This way you can easily polish your skills.

Yes, YouTube is a good source for us to learn trading because we can see what they do directly, what indicators they use to predict the future. It does take a lot of sacrifice for this job to make a profit there, what you say is true, the more we try, the harder we learn an indicator to make a profit there.

Adams0001

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Quote from: bettercrypto on June 11, 2024, 06:12:58 AM

Quote from: Real FB on May 26, 2024, 12:31:02 AM

Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best? I understand this is most different from what people think.. but it cant hurt to read it all.
First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me

If you are studying bitcoin and crypto trading right now, what others have said is correct: stay long-term holders. Don't be in a hurry to get your earnings here in bitcoin or crypto. Learning to trade is not really easy. I also advise you not to be like those who came before you who studied and only had a little knowledge of trading; they feel they already know everything about trading.

First, invest time, days, fatigue, and patience before you enter the actual trade itself in crypto trading so that you can get a profit. Even if you start with just a small amount of capital, apply the things you learn little by little until you discover for yourself if you can really do it or not.

They don't hurry into crypto trading instead, they start with long-term holdings to see how things go. People that rush into trading to get rich immediately will never succeed in trading. I prefer to invest for the long term than starting trading once without getting enough knowledge on it. Trading requires focus and learning because it is not an easy task like investing that you will not lose your money on it, but trading is a very difficult task you can become rich once and he can make you lose all your funds, that is why many people like advancing some newbies that are trying to start trading without getting knowledge on the trading, because they hear they will be profitable when they trade and they did't knows is not a simple task you need to face many challenges before you start generating profit.You must devote enough time to trading it is not a one or two-month learning experience, but it is dependent on how your brain functions, as some people learn slowly.

wxa7115

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Quote from: Pandu Geddon on June 20, 2024, 01:13:28 AM

Quote from: Vinaa77 on June 19, 2024, 08:35:59 PM

in learning trading and after we understand it well and also have experience in the field of trading, it will certainly make it easier for us to get profits from the trading we do.

beginners in trading face problems in the process of becoming experienced traders. there is a lot to learn regarding what strategies to use and how to choose coins to trade.
In this process, quite a few beginners end up stopping and deciding not to trade anymore. it's because they are impatient with their learning. they are too hasty to make a profit from their trade. and other factors, they simply don't have the interest to learn better. they trade because they see their friends succeed with trading. found it easy when watching the video tutorial. but they will realize, actually trading really requires hard work to learn it.

That is the problem, they want to trade not because they have a desire to learn more about how this is done, what they want is to make money and trading is just the means they have chosen to achieve their goal.

And it is clear that a person like that, regardless of their knowledge or skill, will not do well in an activity in which they are not really interested, then it is not surprising that the majority of those that begin to trade fail, as they never really had even the most minimal chance to succeed due to their way of thinking.

Pandu Geddon

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Quote from: Vinaa77 on June 19, 2024, 08:35:59 PM

in learning trading and after we understand it well and also have experience in the field of trading, it will certainly make it easier for us to get profits from the trading we do.

beginners in trading face problems in the process of becoming experienced traders. there is a lot to learn regarding what strategies to use and how to choose coins to trade.
In this process, quite a few beginners end up stopping and deciding not to trade anymore. it's because they are impatient with their learning. they are too hasty to make a profit from their trade. and other factors, they simply don't have the interest to learn better. they trade because they see their friends succeed with trading. found it easy when watching the video tutorial. but they will realize, actually trading really requires hard work to learn it.

Vinaa77

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Quote from: bettercrypto on June 11, 2024, 06:12:58 AM

If you are studying bitcoin and crypto trading right now, what others have said is correct: stay long-term holders. Don't be in a hurry to get your earnings here in bitcoin or crypto. Learning to trade is not really easy. I also advise you not to be like those who came before you who studied and only had a little knowledge of trading; they feel they already know everything about trading.

First, invest time, days, fatigue, and patience before you enter the actual trade itself in crypto trading so that you can get a profit. Even if you start with just a small amount of capital, apply the things you learn little by little until you discover for yourself if you can really do it or not.

As a beginner, of course it would be better for them to hold it for a long period of time because they have a slightly lower risk by trading, because to be able to trade requires good knowledge about trading and must really understand well and there are many things we have to prepare. before being able to make a profit from trading, because without having good knowledge it is certainly impossible to make a profit from trading.

Having patience is of course very important in trading because without patience it is certainly difficult for us to properly analyze market conditions to be able to know the right time to trade and start with a little capital to be able to practice the trading skills we have, of course this will really help us. in learning trading and after we understand it well and also have experience in the field of trading, it will certainly make it easier for us to get profits from the trading we do.

$weetne$$

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Quote from: Adbitco on June 10, 2024, 09:58:15 AM

If you must know trading requires lot of time and practice provided you won't get distracted along the line since is always seen as quick get rich scheme it very hard for new beginners to exercise patient to read things about trading. Looking up exchange to start or how you would invest your money, it is better you used exchange that is more friendly with your country to avoid much hassle while doing your kyc or better still you may use p2p service to fund your wallet provided you have a reliable wallet such as electrum or hardware wallet to store your funds, for trading it's good to use Binance and Houbi or Kraken exchange.

There are many best guide for trading because we have many books written by different people on trading and they can have their different benefits trading can be done on any centralize exchange with a good step up and if the exchange have very high liquidity meaning you would not have to wait for buyers or sellers before you can trade any enormous sum that you want then the exchange is good for using. Some exchanges do not have enough liquidity and this can cause some challenge for you but for exchange that have very high trading volumes you can use them for trading and you will get a good trading experience. Binance, Houbi, Kraken, Coinbase are some good exchange that you can use for trading using centralized exchanges.

FanEagle

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There isn't any specific one thing that could make it easy for people, not saying that it would be impossible to find one that fits you better, but there isn't a single one that would fit all of us all at the same time, it would be different for everyone. There are many sources to read and learn from, which is fine and if you really want to then you can read as much as you want, that way you would be doing a lot better in the end as well.

I think that the best way to move forward would be just realizing that you are not going to end up with anything worse, just realize that things can be quite easy if you know what you are doing. This is why I believe that we need to just consider how to move forward with what we have.

mirakal

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Well, it all started from doing research. What I did before is I searched it on YouTube and bookmarked videos that are very useful to me. I read books as well and I also tried a demo account. All these things help me a lot but learning never stops just there and the sayings are right - experience is the best teacher. So I could say that trading is not easy work for someone who wants to become a trader as it needs patience and money. Exploring the market and analyzing the situation will never take a day to learn, it is a lot of days. Therefore, don't think that we can make money from trading because other people are saying too, better find it by ourselves if we can really do it just like what they did. In fact, it all begins with losing experience that is why a lot of traders stop because they are hopeless and disappointed.

bettercrypto

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Quote from: Real FB on May 26, 2024, 12:31:02 AM

Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best? I understand this is most different from what people think.. but it cant hurt to read it all.
First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me

If you are studying bitcoin and crypto trading right now, what others have said is correct: stay long-term holders. Don't be in a hurry to get your earnings here in bitcoin or crypto. Learning to trade is not really easy. I also advise you not to be like those who came before you who studied and only had a little knowledge of trading; they feel they already know everything about trading.

First, invest time, days, fatigue, and patience before you enter the actual trade itself in crypto trading so that you can get a profit. Even if you start with just a small amount of capital, apply the things you learn little by little until you discover for yourself if you can really do it or not.

Adbitco

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If you must know trading requires lot of time and practice provided you won't get distracted along the line since is always seen as quick get rich scheme it very hard for new beginners to exercise patient to read things about trading. Looking up exchange to start or how you would invest your money, it is better you used exchange that is more friendly with your country to avoid much hassle while doing your kyc or better still you may use p2p service to fund your wallet provided you have a reliable wallet such as electrum or hardware wallet to store your funds, for trading it's good to use Binance and Houbi or Kraken exchange.

el kaka22

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Easily Binance, without even thinking about it for a second. I understand people could have other preferences, just because I like Binance doesn't mean that everyone has to, I could be the only one. But, the point for me is that Binance is preferred by a lot more people than any other place, which means that world mostly agrees with me on this. My reason for Binance isn't because binance is great or something, my reason is because others prefer it, so I prefer it and we keep growing.

If you want to prefer something that less people use than Binance, then that is your own decision and you are free to do that, I am sure it will be fine, Binance has the risk because it's at the top and being attacked for it, but I do not worry about that.

Dunamisx

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Quote from: Real FB on May 26, 2024, 12:31:02 AM

Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best?

You can follow up by reading some of the informations given to you in learning, but I will have to be frank with you that you also have the task to take on yourself to discover some other things aside the ones being told, while learning through the use of some of the trading strategies you may discover for them by yourself, which i also expect you to give the required time to acquire something tangible about trading.

God bless u

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Quote from: Real FB on May 26, 2024, 12:31:02 AM

Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best? I understand this is most different from what people think.. but it cant hurt to read it all.
First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me

The best way to learn trading is by doing some basics coursers from YouTube or any other legit website like Udemy etc and then you have to practise those skills at the trading platforms.

Most of the platforms gives demo accounts where you can easily practice your skills but I'll advise you to put some money and then play with your skills. The more money you'll stake the harder you'll try to convert them into profits. In This way you can easily polish your skills.

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Quote from: Xampeuu on June 06, 2024, 02:09:37 AM

Quote from: rhodelmabanal on June 04, 2024, 04:45:48 AM

Quote from: Real FB on May 26, 2024, 12:31:02 AM

Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best? I understand this is most different from what people think.. but it cant hurt to read it all.
First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me

All expert trader are came from newbie but they continue trading and never give up even if they experience lose and now they become expert because of so many bad and good experience from thier trading works, so for me if we don't stop learning or if we just continue we will surely learn on how to trade just don't hurry and you will surely learn, because there is a lot of video tutorial from different social media channels, youtube, facebook, twitter, etc., you can start by looking some video tutorial then get learning.

The concern is that novice traders only see the sweet side of expert traders, so they think that trading is a quick way to get rich. If you think like this, you will definitely regret it later, so cultivating a mindset for beginners is very necessary. and if we take a trading class, the main thing taught is usually psychology, then trading techniques and financial management. and so on is experience in trading, because all of this requires a process

Exactly, we can notice how many influencers in social media are scattered and promoting their services by flexing their luxurious cars, houses, and simple luxurious lives, but in reality, that is just the good side. We all know that those influencers mainly got to that level because they attract many newbie traders that will avail of their services, and by then they are earning from them, but some of those influencers are scams or just copying contents and trading signals to other channels. Notice in Telegeram, that's where most scams lurk. If you join different trading groups in Telegram, you will notice that there will be a channel that has the same and exact details in the signals that they are providing. By then, it will be difficult to distinguish which is the legit group or scam. Anyway, my point is that I felt bad for those newbie traders that got inspired by those scam influencers and will eventually lose money because of the wrong guidance in trading, so wannabe traders should have the traits to become cautious and careful in order to avoid scam groups.

CageMabok

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Quote from: Xampeuu on June 06, 2024, 02:09:37 AM

The concern is that novice traders only see the sweet side of expert traders, so they think that trading is a quick way to get rich. If you think like this, you will definitely regret it later, so cultivating a mindset for beginners is very necessary. and if we take a trading class, the main thing taught is usually psychology, then trading techniques and financial management. and so on is experience in trading, because all of this requires a process

Beginners who don't see the side or process of someone who is an expert in trading to become successful are beginners who never have the feeling of struggling to follow any process. Because they are only interested in seeing the success that experts have achieved without wanting to know what processes these experts have gone through. And I think beginners like that will find it very difficult to develop and become successful through trading, as well as through other things because the main benchmark they see is success, not how to become successful.

AVE5

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Quote from: bettercrypto on June 01, 2024, 03:59:33 PM

Quote from: Real FB on May 27, 2024, 04:42:20 AM

wow, so many good information from everyone posts. thanks i will read everyone closely today.

It's easy to invest if you have money to buy an investment. The difficult part is that you don't have any knowledge of trading or an idea of how successful investors actually operate the crypto they buy and hold long- or short-term.

Do you know which investor category you belong to? You must also know what strategy you will use correctly, and there must be a so-called correct analysis that is done when reading the chart on any exchange site platform.

I urge the Op not to be so overwhelmed my forum members complying to his request otherwise he'd be compromised confusingly.
While going the commended good informations from users, do make your research and document are you're convinced because everyone is relating with you via their differential systems of investing and trading. Just bear it in mind so that you'd always know your left and your right.
bettercrypto has said it all. Better for you to understand that kind enthusiast you're and then you study on the formations on protecting your trading or investment interests in order to achieve your aim.

Xampeuu

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Quote from: rhodelmabanal on June 04, 2024, 04:45:48 AM

Quote from: Real FB on May 26, 2024, 12:31:02 AM

Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best? I understand this is most different from what people think.. but it cant hurt to read it all.
First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me

All expert trader are came from newbie but they continue trading and never give up even if they experience lose and now they become expert because of so many bad and good experience from thier trading works, so for me if we don't stop learning or if we just continue we will surely learn on how to trade just don't hurry and you will surely learn, because there is a lot of video tutorial from different social media channels, youtube, facebook, twitter, etc., you can start by looking some video tutorial then get learning.

The concern is that novice traders only see the sweet side of expert traders, so they think that trading is a quick way to get rich. If you think like this, you will definitely regret it later, so cultivating a mindset for beginners is very necessary. and if we take a trading class, the main thing taught is usually psychology, then trading techniques and financial management. and so on is experience in trading, because all of this requires a process

Topic: Best guide amd step to learn to buy and trade (Read 361 times)