Pages:
Author

Topic: How do I educate myself on bitcoin for investing? - page 10. (Read 18898 times)

legendary
Activity: 2282
Merit: 1041


did learn from books but I jsut spend the btc I earned to poloniex, it doesn't  matter to me whether I profit or not so long as my adrenaline to sell high and buy low is tested by my hand. I loss all of it from the first few weeks but gradually learned whtqa they actually mean by  "buy low sell high".

you may understand it like btc/usd so buy btc when the price is low and once the price hits almost the peak, sell for USD. or you can take it like buy altcoin/btc and then sell when its pumped. there are good altcoin such as eth and xmr.
legendary
Activity: 1386
Merit: 1058
To start practising you must need some fundamental knowledge.
I agree those knowledge could be gained from others instead of learning from books. Still, some basic guides are always good which are easily available from books and videos.

When you are not available with these resources and when you are having very good mentor for guiding you for the fundamentals of trading then you need not to learn from books.
I agree when we are having some professional traders to guide us, there would be no need to learn from books, we can simply learn from those professional traders. Still no one will be having enough time to guide you for each and every aspects of trading.

That is the reason we must learn from books. Mentors will guide you to some level, for in-depth knowledge the must need books. You cannot ignore books and internet resources at current lifestyle learning approaches. They are eternal part of our learning processes.
If you are able to "trouble" your mentor so frequently, you need not to learn from books, you can learn from them.

Because while learning fundamentals of trading we will be getting thousands of questions and doubts. How one mentor will afford to spend all his time with us. That is the reason we must need books to learn.

But learning from books is just for fundamental purpose only. After that we need to practice intensively in live market with small capital to gain rest of knowledge.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
Thats not only basing or relying on just speculating purely. Experience does really matter and technical/fundamental analysis.Educate yourself would really takes time because if you dont take it seriously you will not learn nothing.
Rumour and news are giving a lot of the impact for the bitcoin. Experience will be affecting on your analyzation about the charts of the coin.

There's a lot of rumors actually but you need to know which of them are genuine or not, and to be able to know what you need to educate yourself so your decision is based on facts and not just on other people's belief. We have to be responsible for our actions as investing is a serious venture and it requires maturity on our part. That's our money after all so if we do not do it right, we will lose.
Rumors are rumors , The decision is still yours .You are the one who's responsible for the move and the result of what you will done .
Maturity is not enough if you have a are a closed minded person in some things ,Many people are afraid of taking risk of investing especially online we can't blame them .You can do educate yourself by opening your mind in possibilities that may happen .Taking risk involves win or loss but it doesn't mean you will always loss ,then if you loss you learn and when you learn ,apply it next is the time for you to earn.

There are many videos On internet about investing or investments how it works and what are possible outcomes when you try .It may help you to educate yourself how investment works.
hero member
Activity: 826
Merit: 1004
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
Thats not only basing or relying on just speculating purely. Experience does really matter and technical/fundamental analysis.Educate yourself would really takes time because if you dont take it seriously you will not learn nothing.
I agree that education is basic but in order to do trading properly and try to incur profit instead of loss we need experience. Books and guide just tell us all the rules and the basic things, they never explain properly how to earn a profit.
' Books just teaches us the rules , but winner makes rules '
hero member
Activity: 1022
Merit: 511
These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
To start practising you must need some fundamental knowledge.
I agree those knowledge could be gained from others instead of learning from books. Still, some basic guides are always good which are easily available from books and videos.

When you are not available with these resources and when you are having very good mentor for guiding you for the fundamentals of trading then you need not to learn from books.
I agree when we are having some professional traders to guide us, there would be no need to learn from books, we can simply learn from those professional traders. Still no one will be having enough time to guide you for each and every aspects of trading.

That is the reason we must learn from books. Mentors will guide you to some level, for in-depth knowledge the must need books. You cannot ignore books and internet resources at current lifestyle learning approaches. They are eternal part of our learning processes.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
Thats not only basing or relying on just speculating purely. Experience does really matter and technical/fundamental analysis.Educate yourself would really takes time because if you dont take it seriously you will not learn nothing.
Rumour and news are giving a lot of the impact for the bitcoin. Experience will be affecting on your analyzation about the charts of the coin.

There's a lot of rumors actually but you need to know which of them are genuine or not, and to be able to know what you need to educate yourself so your decision is based on facts and not just on other people's belief. We have to be responsible for our actions as investing is a serious venture and it requires maturity on our part. That's our money after all so if we do not do it right, we will lose.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
Thats not only basing or relying on just speculating purely. Experience does really matter and technical/fundamental analysis.Educate yourself would really takes time because if you dont take it seriously you will not learn nothing.
Rumour and news are giving a lot of the impact for the bitcoin. Experience will be affecting on your analyzation about the charts of the coin.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

If you want to do investment, than many sites are here where you could invest your bitcoins.But clear your mind, many and many scam sites are here, and in this way, you could lose your bitcoins easily, And also only few investment sites are trustable, but you do hard work to search than you will be succeed. Better is that choose trading. In trading you could learn many things and make money.
full member
Activity: 140
Merit: 100
I like your understanding on how things work op. In life if you want to be an engineer, you have to learn how engineering works, if you want to be a carpenter you have to developed your skill on how carpentry works. Since you want to learn first I think you are on the right part. Trading is a thing of the mind and the only way you can succeed in it is through your skills and how it works like football and others skills. For your fundamental analysis you can use reddit.com/r/bitcoin and for technical analysis there are there on most of the exchangers sites. Lastly, you will need to develop your skills through demo- you can use samplefx and download metatrade software and open a demo account. Goodluck.

And addition to this while doing your demo trading, start to atuy also how to analyse the graph presentation you need to develop technical analysis. Watch tutorials in youtube.
hero member
Activity: 840
Merit: 500
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
to me i think the best way is to learn from online websites, there are so many online websites thorough which you can learn about trading in a better way. you can also learn about trading from services section where you can visit alt coin section.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

If you really want to learn bitcoin, there is bitcointalk.org where you can everything which you wanna know, its very informative actually when read the different topic that you want to study and learn it.
Agree. This forum is the best place for newbie to earn something new whether it is related in trading,investing,mining or anything else because all the information that you can imagine are here and you just need to search specifically then read a lot and you will able to understand the concept that you are looking for.
hero member
Activity: 1022
Merit: 500
The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

If you really want to learn bitcoin, there is bitcointalk.org where you can everything which you wanna know, its very informative actually when read the different topic that you want to study and learn it.
legendary
Activity: 1512
Merit: 1041
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
The only and only way to educate yourself  is to spend some time there. Start trading with a few and gain some experience first so, that you will be able survive in the trading business. Keep in focus about the new things what are happening and learn from the post of experienced person I think those are the best guide for you many other like you.
hero member
Activity: 826
Merit: 502
Experience itself can teach us everything about bitcoin, because you will encounter ups and down on the road and at the end you will know what will the result of your decisions that you made. At that point , you are actually analyzing and made a better decision on future

Relying solely on experience is a good thing on intuitive stuffs like trading and whatnot but in other things in investment, it's not. When you're an investor in real life and you're not even educated enough to compete with other investors or at least interact with them, you will have serious problems because your reputation will be ruined and you'd labeled as "dumb" in the circle of investors. Basically the same reason why we all went to highschool/college, so when we talk to others that share the same interest, we will not be bullied or seen as a weak specimen.

To me, it's 30% educating yourself about things in general and then 70% experience.
sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
Thats not only basing or relying on just speculating purely. Experience does really matter and technical/fundamental analysis.Educate yourself would really takes time because if you dont take it seriously you will not learn nothing.

Experience itself can teach us everything about bitcoin, because you will encounter ups and down on the road and at the end you will know what will the result of your decisions that you made. At that point , you are actually analyzing and made a better decision on future
legendary
Activity: 1554
Merit: 1054
These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
To start practising you must need some fundamental knowledge.
I agree those knowledge could be gained from others instead of learning from books. Still, some basic guides are always good which are easily available from books and videos.

When you are not available with these resources and when you are having very good mentor for guiding you for the fundamentals of trading then you need not to learn from books.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
Thats not only basing or relying on just speculating purely. Experience does really matter and technical/fundamental analysis.Educate yourself would really takes time because if you dont take it seriously you will not learn nothing.
hero member
Activity: 826
Merit: 1004
There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
legendary
Activity: 2674
Merit: 1048
The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.


before you go a step further to invest in better you should learn first about matters relating to investments, without the experience I believe the risk to fail in investment will be large.
although that is true , you have to know well about the basics of how investment works, but i guess op looking for a specific recommendation , not just to tell learn this and lear it. i personally never read any kind books about bitcoin before .

but i can suggest everybody to be more active searching bitcoin info around the internet, i do educate my self by clicking a lot of crypto related sites like coindesk etc.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.
You just need to moves your eyes at about every topic of the begginers and helps in this forum .
About 80-90% information you will get easily without any problem .
Secondly some things are complicated to understand that will be understood by you as the time spent by you increases time to time . I mean this is all about the experience of use .
All of the informations that you can find here in forum is so easy to understand because there is a lot of people who are discussing it and a lot of them already explain it very well where you can find very easy to understand and very easy to apply to yourself. Learning new things is all about investment of time and hardwork, if you have that two then it will be easier for you to educate your self in investing.
Pages:
Jump to: