Does someone use trading platforms? | Bitcointalksearch.org

scorpiokk

newbie

Activity: 7

Merit: 0

I don't know about tools, but there are a lot of reputable people that you can learn from.
Youtube has plenty of good resources and people, but even then crypto is way too volatile and even they might be wrong.

Before trusting anyone with this stuff, I'd suggest starting with few smaller trades, learn about projects, learn from reputable people, and definitely dont bet your house on it.

Quote from: xodakovs on October 21, 2021, 01:16:51 PM

Trading cryptocurrencies can bring big profits - much more than investing, mining and other types of earnings on crypto assets.

However, where the profits are huge, the potential losses are also high. If you don't know how to properly analyze financial markets and trade using indicators of price movements, then trading can be a real disaster.

Many people, due to reluctance or lack of time, do not want to go through learning the basics of trading and therefore choose platforms with ready-made trading strategies and plans that can make trading accessible even for people who have just started doing it.

There are good educational resources from Newscrypto that I use in my trading, also this platform can help newbies not lose their money. Do you use such tools? And what do you think about educational platforms in general?

michellee

hero member

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Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: bitterguy28 on October 22, 2021, 12:24:53 AM

you don't need to spend long time learning because availability in exchange for free trial trading is available like Binance , in their platform you can simply use their exchange to your own benefits.
and besides there is no way we can trade without using Trading platform lol.
But good luck to your trading future mate.

Maybe he needs practice after he learns some lessons about trading to have experience in trading. If he can learn more about trading while practising his skills, that can boost his skills. He does not have to be afraid of losing money because that is part of the lessons and almost all traders have that experience. The difference is that they are still learning to minimize the lost amount and change it to get profit from trading.

Bitstar_coin

hero member

Activity: 2478

Merit: 694

SecureShift.io | Crypto-Exchange

I agree with @mexite, there is more to gain as an investor than as a day trader, traders don't have the time and patience to ×20 - x100 in a coin as do investors,
Educational trading resource is good for general understanding of market movement, it is important for traders to have this knowledge to profit otherwise it will be a disaster,
Even investors can also have this knowledge to enhance their views and know the direction which the market is going and also take better decisions on their investment.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

you don't need to spend long time learning because availability in exchange for free trial trading is available like Binance , in their platform you can simply use their exchange to your own benefits.
and besides there is no way we can trade without using Trading platform lol.
But good luck to your trading future mate.

mexite

jr. member

Activity: 706

Merit: 4

Educational resources and platforms are integral to crypto adoption and informed investment/trading. There are a lot of resources out there to use in order to trade or invest in cryptocurrency.

I believe that investors and holders of promising tokens/coins usually gain more in the long run than day traders. Look at Doge, Shiba Inu, Solana, Flow, etc, people who bought the coins early are in insanely high profits while most traders exit coins once their profit margin is hit.

xodakovs

jr. member

Activity: 34

Merit: 11

Trading cryptocurrencies can bring big profits - much more than investing, mining and other types of earnings on crypto assets.

However, where the profits are huge, the potential losses are also high. If you don't know how to properly analyze financial markets and trade using indicators of price movements, then trading can be a real disaster.

Many people, due to reluctance or lack of time, do not want to go through learning the basics of trading and therefore choose platforms with ready-made trading strategies and plans that can make trading accessible even for people who have just started doing it.

There are good educational resources from Newscrypto that I use in my trading, also this platform can help newbies not lose their money. Do you use such tools? And what do you think about educational platforms in general?

Topic: Does someone use trading platforms? (Read 72 times)