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Topic: Education for trading crypto currencies - page 2. (Read 550 times)

member
Activity: 111
Merit: 10
November 28, 2017, 11:02:47 AM
#7
Crypto is impossible to really predict longterm so the books would probably be useless by the time they were read! Just be patient and treat it like homework and read charts/crypto news until your eyes hurt.
hero member
Activity: 658
Merit: 505
November 28, 2017, 10:50:01 AM
#6
So many users are asking about trading education that I think this could be very lucrative business. Someone who would design and offer some e-learning system or live education on bitcoin trading subject would do excellent business.
Still I think besides collecting some basic rules and information that you can best learn on your own experiences that come with time and takes patience but at the end will pay of.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
November 28, 2017, 10:33:06 AM
#5
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.
member
Activity: 252
Merit: 13
CryptoTalk.Org - Get Paid for every Post!
November 28, 2017, 10:25:33 AM
#4
Cryptocurrencies have thrown out TA out the window. This has been proven time and again, just look at Bitcoin. Since cryptocurrencies are gaining massive traction, all those TAs are blown away by news and rumors. You will make much more just doing fundamental analysis and riding the waves. Buy the rumor sell the news.
legendary
Activity: 1582
Merit: 1059
November 28, 2017, 09:03:57 AM
#3
I would say that the technical analysis used for stock markets, like support, resistance walls, etc, would work for crypto markets as well. They follow the same principles and every time I listen to traders explaining their analysis they usually use the same examples. I think the main difference though, is that you must be less conservative when dealing with crypto trading, because the volatility is much bigger. You can't really use the same stop loss percentages etc, otherwise you will close you profits to soon, and you will be facing losses that would turn out to be a profit.

There is one YouTube channel that I really like to watch called TheChartGuys". I think you should google it and watch their videos, I don't know how good you are, but you will probably learn a lot with them.
hero member
Activity: 2870
Merit: 594
November 28, 2017, 08:18:56 AM
#2
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.
newbie
Activity: 12
Merit: 0
November 28, 2017, 07:11:45 AM
#1
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
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