Topic: How to learn bitcoin trading? - page 3. (Read 1925 times)

I think real experience is more needed to learn to trade. Because trading without real experience is more likely to suffer losses. Now there are several trading platforms where you can do demo trading. You will be given some free coins so you can start demo trading. I think it's best to learn trading with demo trading first. So try it now.

to trade I think there are many stages. but for beginners the most important thing is to maximize time, trade management, and also maximize existing profits. so you still trade, but small scale will be better because it is for learning and also for training your skills.

People be serious, if you wish to learn about trading you need to be active on many places, this forum is just one of them. As a trader you will need informations, infromations about specific people (whales) and where they hang out and what they wrote, you need to follow some traders that share their trades and insights, you need to be active here on forum, as well on other forum and social networks, you need to know what masses are thinking. When you check all that, compare informations you got from all sides and make your move on exchange, the place where everything is happening in the end.

The best way to learn trading is by using this forum as there will be allot of profit but if you buy at right time. We can read some related posts about trading from this forum. We also should watch videos about it and read stories people use to share with us. Make long time discussions with expert traders they will share experience with us.

Sometimes even though you have the will power and the determination to learn the trading but I have seen guys who are trading wit bitcoins and alts for quite sometime like around 2 years and they still struggle to find which is the best alt to invest and when trading with bitcoins they are always unsure if market will go up or down.

There are some common trends that people follow like price will rise during halving, some events, etc but then no one can actually be confident about it.

So yeah, I am a trader myself at times but I have pretty much accepted that bitcoin trading is not meant for all and not certainly for me.

The most important thing when it comes to getting profits is to always think of the long term, I have watched many traders with profits greater than mine mock me because of the slow growth of my capital, but I concentrate on the long term and I am fine if during the short term I get some losses but then those smiles they had on their faces get erased as they get several losing trades and they find themselves in such a difficult situation they understand they will never recover the money they have lost.

I think this forum is the best place to learn Bitcoin trading. There are many sites in this forum where you can learn good trading later and know how to invest. You can also get a good idea about trading by watching videos of different books. Various places should be practiced and researched before learning to trade.

Yeah to become a good trader we first need to have the best coin that can provide us profit as trading. We should learn trading well because I have seen so many inexperienced people suffering lose for lack of knowledge and then they blame bitcoin or trading for their loss. We have allotted of trading sites that give us knowledge about trading like YouTube and Google.

Sounds like you have zero knowledge in trading which is very risky. Theres a lot of Youtube videos out there that can help you at least on how to trade, but I would suggest that you start with learning the terminologies used in trading. Good source  of information is Investopedia. Another thing that you might want to learn first is reading charts and graphs.

As you express, I realize that you are leaning towards investment, this is a very different approach to market speculation. To do this, you can apply what many do of Hodl.

But as an investor you should be aware of Bitcoin movements, remember that ATH was $ 20k, the next ATH has not happened, but it will surely be very juicy, my advice is not to worry, bitcoin will at some point increase from price, it is not known when it will occur, but it will be safe and there you can get your investment benefits if you decide to sell at the highest price you arrive.

If we rely on classical theory, and according to my personal analysis according to Wyckoff's theory, the accumulation stage has passed, however, a new stage of re-accumulation is not ruled out, but the upward trend is likely It has already begun, it is necessary that the market of more confirmation of it, the volatility is very high and this is being taken advantage of by the Strong Hands or Whales, they are looking to buy cheaper, that is why they sometimes lower the price when making the famous " Shorts ", common practices in the market.

 I recommend that you read some Warren Buffet books, they are excellent tips that you give and can be applied to this crypto market, my personal advice is that you only investment in Bitcoin, I do not recommend for now investing in Altcoins, since they work in different ways according With their projects, and in a fall in the price of Bitcoin, the Altcoins bleed a lot and it would already be a huge concern.

Learn the basic but not to stuck on it, continue enhancing your knowledge and skills to make sure that you'll be able to manifest all those things that you've learned out from this market. Many traders are aiming for short term gains only to find their-selves losing a lots of money, the volatile characteristics of this industry needs to be assess. Take the risk but make it little by little until you fully convinced that you are ready to jumped to this business.

We all have different ways of learning and applying. Some of the people learn through videos, books, or even trial and error. In my case, I always try to gather information from different resources around me in order to maximize the potential knowledge that I can attain through studying and experimenting in the market which is really working for me and it boost both of my progress and capital.

Exactly, well on my experience videos doesn't help me much, i learn trading by experience and by reading then doing a trial and error. You need to spend time and really need to take your time learning. Because even the best strategy will not be always work in your side you have to adjust it and make a better plan day by day.

In fact, there is a lot of trading tutorials on the internet which gives a lot of ideas and information on how it works and how to be done. But the problem is that we can't perfectly make it right, it needs constant practice and experience. Of course, it needs dedication and commitment cause trading isn't just an easy job, it involves money in which for every single mistake it might be at your lose.

Experience would be the best way to start learning in trading. You can start trading with a small amount and since you are still a newbie in trading, don't expect that you will make profits easily, losing is very possible. You might also want to check on google demos about bitcoin trading so you will have first views on bitcoin trading.

My suggestion is that if you know of any offline class where you can go and learn Bitcoin in person and not all these online things, then I will advise you to go for it, they are really helpful as you will get to ask questions and have things broken down to a point you will understand.

If you keep asking questions in the forums and expecting people to start teaching you everything about trading, that's not going to work, the only answers you will keep getting are. - learn to manage risks, use stop loss and answers that are not going to help you much (well it's good to learn that crypto trading is risky, but that doesn't help you learn to trade it, so that's why you need to look for a place to learn.) you can as well check YouTube videos.

But it is not as easy as we think to learn bitcoin trading and we can't focus on trading bitcoin only Because there are many other options to trade. Knowing how to trade starting from the very basic is needed for us to trade it takes time but for the traders who is really willing to learn and to earn must undergo learning.

Bitcoin is the most useful of all coins in cryptocurrency so it has the power to use by exchanging other altcoins at the same time. Learning bitcoin trading is almost good to see the market for buying ang selling with altcoins.

You must know what trading platform are you going to use first, then you must also review the coin you are going to trade for. Once you finally know what it is, of course you need to learn the basic things about in trading, learn how to read candle stick, or reading in the graph between buy and sell method.

reduce fees by using token exchanges, maximize security and many other things that are already in the exchange feature, you just have to explore it.

learn btc trading and focus on collecting it can start with altcoin trading. altcoin profits are faster even though it's only 2%, and then can convert them back to btc at any time. I advise for action. because if you already understand it, then you will be very familiar with what you do with your bitcoin afterwards.