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Topic: Education for trading crypto currencies (Read 550 times)

member
Activity: 294
Merit: 10
February 23, 2018, 11:28:25 PM
#27
That's good news when it's approved by the school, it's a great help for them to make money. so it might have come true. but so far many Books regarding trading crypto currencies and google. there you will find a lot. thanks.
member
Activity: 224
Merit: 19
December 20, 2017, 07:45:41 PM
#26
Hello

I know there are thousands of books regarding tradings, in the past when i wanted to learn stock trading I joined a bootcamp and I learnt a little bit about Technican Analysis, supports, resistances and some indicatores like EMA, SMA, and so on.

1.  Does the same TA for stocks apply for crypto trading?

No. Crypto trading is very different from stocks. Even stock investors/traders/brokers already confirmed that bitcoin trading is a different ball game. No amount of TA can "predict" where the price is heading. No one even predicted from the beginning of the year that we are going to hit $9000++. The most I saw is $5000.

2.  Can you recommend me a few best books for TA crypto trading, the bootcamp I took was 5 years ago, so I have forgotten a lot of what I learnt.

Sorry mate, I don't know any books for TA crypto, And as far as I know, there's still none because as I have said TA is not applicable to bitcoin market. I might be wrong though.

3.   Can you recommend me some websites related to crypto currency trading? I would like to follow other people signals and analyze them.

https://coinmarketcap.com/ is a good way to start. Just go around the website and see if for yourself. As for other signals, I have no idea because I don't follow anyone. I make my own decisions.

4. Is there an exchange with demo accounts to try first?
Thank you

I think there is, but again, I can't help you with that because I started my crypto trading from scratch. No demo accounts for me, I just put my hands on the cookie jar and see it for myself. Goodluck though. Hope you because a successful trader.


There are a lot of websites that offers a demo account.

For the first question Yes, although Crypto and stocks are different the Basics of TA is the same. You may actually seek books for Forex because logically Crypto currency trading and Forex are the same. For tutorial videos use youtube.
member
Activity: 154
Merit: 10
December 20, 2017, 04:30:41 PM
#25
in general, there is no special education for trading crypto-currencies, only desire to trade, experience, analysis and a little bit of courage are needed
full member
Activity: 212
Merit: 104
December 20, 2017, 01:32:22 PM
#24
Far as i know there aren't any books related to crypto trading, but there are a lot of about forex and stock markets, they are not the same as the crypto one, but if you have some knowledges about forex you can easily trade with altcoins without any fear. Of course, it is dangerous because the market is working different than forex, altcoins are pure speculation.
full member
Activity: 490
Merit: 102
December 20, 2017, 01:14:56 PM
#23
If one person wants to dig a hole and ask me what to do the answer will be - just go and dig a hole. Do not learn how to dig it 'cause there are so many people trying to teach that you will have no time to dig a hole you will be busy learning all the time. What is TA? Complex of strategies which can lead you to profit. As an example of TA giving profit
1) You can speak about TA on tv and receive money
2) You can speak about TA on radio and receive money
3) You can compose very much clever wow books about TA and receive money
4-400) And so on

You can also buy an inflatable shovel and poke around in foam plastic crumbs in order to learn how to dig a hole (demo account with demo money). It helped anyone? So if you want to dig a hole just dig a hole - go and trade.
full member
Activity: 364
Merit: 100
December 20, 2017, 12:42:46 PM
#22
Education for trading im not sure if its applicable in school for my own view we can find some knowledge about trading in any sites like youtube google  and others .Maybe we can research in books  discussing about trading try  to find  maybe you can find it. Cry
That's seems to be a very idea to make trading as a subject or an elective area of study at the college levels for the students. If students studies the trading then they can apply the knowledge they gained in the college while they trade. Need of the hour topic is making as a subject.
what we already to know about is on how we are able to trade how we should start for so for me this is not as a good to be a subject cause we can learned it in a short period of time how about if this may study and teach by school it takes a short time only so i am not able and suggesting to teach in a school as a subject for.
jr. member
Activity: 48
Merit: 10
December 20, 2017, 12:02:46 PM
#21
I know that many traders, that came from Wall Street, have relative success applying the techniques they learned in the stock market. A good place to learn these techniques is a website called stockcharts.com (go to the section Chart School)
legendary
Activity: 1554
Merit: 1054
December 10, 2017, 07:03:50 AM
#20
I think no one can teach us about the cryotocurrency trading because no one can predict the price of cryto.
So you must try to learn your own way of trading and try to start trading with bitcoin because altcoins price are too volatile so without experience you can't handle altcoin trading but altcoin trading will give more profits than bitcoin.
Try to do small trades initially don't go for big trades try to hold more coins and only trade with a little part of your saving.
There are some trading strategies you can use which can make you to trade safely when it comes to cryptocurrency. I have been trading crypto for a while now and I have never stopped doing some few technical analyses to look for some good buying positions, sometimes they work, sometimes they don't.

You can still make some good predictions with them though. However, there are just some market your TA will never be relevant. Definitely have to watch out for news and rumor in every trade, but I would not say cryptocurrency has kicked TA out of the window completely. It still works to some extent as long as you know what you are doing.

There are just some basic things you will need to be familiar with, as cryptocurrency world is totally different from the Forex and stock markets.
full member
Activity: 742
Merit: 100
December 08, 2017, 05:50:38 AM
#19
In This world only Japan Create a school for learning trading. Most of the people know about Japan that is japan create a Candle stick petern and also create a online learning trading school . I'm share with this site name that is babypips you can check and learn here about trading.
member
Activity: 380
Merit: 10
December 08, 2017, 05:11:08 AM
#18
Hello.stock market trading and the cryptocurrency trading is very different.there are mnay books available inrto market related to cryptoworld but i suggest you to read "How I Turned $400 into $100,000 by Trading Cryptocurrency for 6 months".And there are many sites related to crypto trading but i suggest you to bittrex for trading beacause i personally use it and it's very good.you can watch video on YouTube about bittrex and get proper knowledge about it.
member
Activity: 350
Merit: 12
December 08, 2017, 04:56:19 AM
#17
Hello

I know there are thousands of books regarding tradings, in the past when i wanted to learn stock trading I joined a bootcamp and I learnt a little bit about Technican Analysis, supports, resistances and some indicatores like EMA, SMA, and so on.

1.  Does the same TA for stocks apply for crypto trading?
2.  Can you recommend me a few best books for TA crypto trading, the bootcamp I took was 5 years ago, so I have forgotten a lot of what I learnt.
3.   Can you recommend me some websites related to crypto currency trading? I would like to follow other people signals and analyze them.
4. Is there an exchange with demo accounts to try first?


Thank you

In my opinion TA for crypto is just a bit different and should be used together with fundamental analysis. Try no only see the patterns but also a big picture. If you want to follow other traders and check how TA is working for crypto, go to tradingview website. There're dozens of signals from different traders based on TA, you can check yourself and maybe learn something new. Good luck!
full member
Activity: 406
Merit: 100
December 08, 2017, 04:46:50 AM
#16
Education for trading im not sure if its applicable in school for my own view we can find some knowledge about trading in any sites like youtube google  and others .Maybe we can research in books  discussing about trading try  to find  maybe you can find it. Cry
That's seems to be a very idea to make trading as a subject or an elective area of study at the college levels for the students. If students studies the trading then they can apply the knowledge they gained in the college while they trade. Need of the hour topic is making as a subject.
full member
Activity: 251
Merit: 101
December 08, 2017, 04:30:57 AM
#15
Demo accounts were on https://hitbtc.com, but now they are working on a new version, maybe soon you will be able to try there

Here is one of the signal groups in the telegram, you can analyze their signals, but do not put much money https://t.me/dudesignals



full member
Activity: 798
Merit: 109
https://bmy.guide
December 08, 2017, 04:06:46 AM
#14
Well, I did not follow the book of trading i must refer to my own idea and fundamental analysis. I do searched in Google, youtube  and here in forum trading discussion section just to learned more about crypto currency trading. In trading we always look forward for coin that we trade in accurate moving price. High volume and high demand thats what we need to look up coins. Coinsmarket exchange the site your going to exchange your coin in another cpins for trading.
full member
Activity: 574
Merit: 102
https://adonx.one
December 08, 2017, 03:50:43 AM
#13
In my opinion between stock market and crypto really different because volume and market cap of crypto smaller than stock, and also the fluktuasion of crypto more high than stock. I think will more profitable to learn fundamental analysis in crypto and doing swing trading, buy now and hold next a few month. And for the education  of crypto trading you can learn it in this forum, google and youtube.
full member
Activity: 560
Merit: 100
December 08, 2017, 03:40:35 AM
#12
Education for trading im not sure if its applicable in school for my own view we can find some knowledge about trading in any sites like youtube google  and others .Maybe we can research in books  discussing about trading try  to find  maybe you can find it. Cry
sr. member
Activity: 307
Merit: 250
November 29, 2017, 08:05:20 AM
#11
1.  Does the same TA for stocks apply for crypto trading?

No. Although some claim that Technical Analysis can help you make reasonably accurate predictions about the future price movements of a cryptocurrency, I don't believe in it. The cryptocurrency market can be traded upon by luck, listening to what your feelings tell you and researching the coin & its community.

2.  Can you recommend me a few best books for TA crypto trading, the bootcamp I took was 5 years ago, so I have forgotten a lot of what I learnt.

I don't know of any and if there are any, I recommend you not to waste your money on them. It's not going to yield you anything useful. It will take a lot of effort to learn it correctly, cost money to buy the book, takes a lot of time and will probably not yield you much more than just trading cryptocurrencies the way they are meant to be traded: By research and redoing.

3.   Can you recommend me some websites related to crypto currency trading? I would like to follow other people signals and analyze them.

There are some reasonable traders at steemit.com . I recommend you to follow the ones you think are pretty decent.
I don't follow any, but I just recommend checking out some tags like crypto, cryptocurrency, trading, bitcoin and more to find some good analysers.
As I said earlier, I don't do these kinds of things and I can't guarantee you any profits.

4. Is there an exchange with demo accounts to try first?

Not that I know of, but I tried "imaginary" trading a while ago. What is that? It's easy:

You create a google document.
You give yourself a certain balance and put that somewhere in the doc.
Then you start imaginary trading. Find a good exchange to buy/sell your cryptos on.

Note down the details of each trade, at both the selling and buying: Price/Coin, Amount of Coins bought/sold, Total Price, time and anything else you think is worth it to add.

I did it too and I figured out: Trading is not my thing.

legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
November 28, 2017, 11:25:04 AM
#10
Hello

I know there are thousands of books regarding tradings, in the past when i wanted to learn stock trading I joined a bootcamp and I learnt a little bit about Technican Analysis, supports, resistances and some indicatores like EMA, SMA, and so on.

1.  Does the same TA for stocks apply for crypto trading?
No. The bitcoin market is far far to opaque to do meaningful TA. You will hear things like "Jamie Dimon just said something to raise the price".  Then you look at the data and find out the buying came from central Asia by people who know nothing about that guy. Son't beleive there are experts, there are only bull shitters in crypto.
 
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2.  Can you recommend me a few best books for TA crypto trading, the bootcamp I took was 5 years ago, so I have forgotten a lot of what I learnt.

I would recommend just setting up a Coinbase account and trading small. This is brand new stuff and once you know the basics of trading stocks, bonds, commodities you will be a pioneer not a student.
Quote
3.   Can you recommend me some websites related to crypto currency trading? I would like to follow other people signals and analyze them.

I do not believe in the "signals" I see people talk about.
Quote
4. Is there an exchange with demo accounts to try first?

Thank you
Hmmm. Well you could just do it on a scrap of paper. Write down your theoretical buys and sells then wait to see how you would have done.
sr. member
Activity: 714
Merit: 261
November 28, 2017, 11:17:03 AM
#9
Your question is general one where you basically want to learn the crypto trading and want to ask whether you should be comparing the real stock market with this one.

Well as per @Yaunfitda he has got all the answers covered pretty well. But for the last question I would suggest you to go with HitBtc exchanger which can help you to provide the demo account and where you can learn different techniques to trade by using real time signals, and analysing them.

Apart from this I would like to suggest that you should really keep the crypto trading as simple as you could because things here are very volatile and everything depends on the volatility itself.
full member
Activity: 210
Merit: 100
November 28, 2017, 11:09:07 AM
#8
Bitcoin Also cryptocurrencies are commodities; they are not stocks. They have prices, However they would Generally diverse. The return might a chance to be those best comparability the middle of the two. We recognize that the underlying innovation powering Bitcoin need possibility will a chance to be embraced for regulate and retail capital indistinguishable.
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