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Topic: How to learn bitcoin trading? - page 4. (Read 1925 times)

sr. member
Activity: 952
Merit: 251
December 01, 2019, 01:22:52 PM
I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.
I agree with this, people always look to the profit that they are getting, not to those learnings that they could get in trading. There are so many ways to learn, there are some videos in youtube that can help you to understand what bitcoin is and how to earn bitcoins, there are also books that you might want to read, also I have seen some short term classes that teaches how to trade bitcoin from scratch to mastery level, but the thing is you will learn more of it when you start to trade, when you experienced everything , whether you lose some money and gain some money it all brings experience to everyone.
Every investor of crypto coin market wants to get profits out of these assets but only those are capable to survive long and earn regular profits who spend time on learning and understanding their asset. In addition to that, the nature and basic rules of profession are also supposed to be learnt. Chasing profits is not a bad thing at all but to make high goals possible, knowledge is indeed required.
full member
Activity: 1582
Merit: 101
December 01, 2019, 12:13:39 AM
I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.

I think Forum is the best place to learn about trading. Here trading section you can learn many thing and get up to date news about trading always. For a good trader in crypto you should learn 3-4 months and after that you can invest.
sr. member
Activity: 700
Merit: 257
November 30, 2019, 03:49:06 AM
I watched many videos in youtube about bitcoin trading and it id the reason why I using now many trading setups. Watch in youtube if you want to learn how to read charts and for you to learn different trading strategies. But not all of videos in youtube are legit, find a good youtube video that can fit your skills.

Better to find some traders with group chats too, such as your friends that you can trust most so that you can help each other lift and inspire each other. I do have common trader friends and that is what we are doing, when someone lose for today, we uplift them and there's an expert with us giving a signal once he's really sure of it so that he can help us to cover our losses.
sr. member
Activity: 952
Merit: 274
November 29, 2019, 07:22:07 PM
I watched many videos in youtube about bitcoin trading and it id the reason why I using now many trading setups. Watch in youtube if you want to learn how to read charts and for you to learn different trading strategies. But not all of videos in youtube are legit, find a good youtube video that can fit your skills.
sr. member
Activity: 1638
Merit: 255
November 29, 2019, 06:09:11 PM
You have invested in crypto meaning you are ready with all the risks and you are also ready to lose, so if you already know when to sell it, you will get profit. It's only a matter of time and you are required to be patient if you invest. In my opinion don't be in a hurry to want to trade, if you really are a beginner then there is a lot to learn and that takes time, so learn a lot on this forum or on YouTube about it, it will be quite helpful. And if you want to plunge directly into trading, use small capital first while looking for your strategic style of trading, you will definitely find it, the most important thing is managing your emotions in trading.
sr. member
Activity: 994
Merit: 257
November 29, 2019, 05:51:04 PM
I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.
I think practice is very important beside reading/ watching. You can learn from many tutorial on the Internet but you should start trading with small amount daily so you will get many important skills that you can not learn from otherwhere.
Learning by doing an activity several times is a great way to learn but like always there are exceptions to that rule and in my opinion trading is one of those exceptions, I say this because in many other activities there are no really bad consequences for making a mistake and that is why you can learn those other activities in such a fast way, but when it comes to trading one single mistake can be enough to make you lose so much money that even the best trader will be unable to recover that money.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
November 29, 2019, 02:21:08 PM
How do you learn anything else? You read about it, you learn some basics and you practice it, more practice will lead you to more knowledge. You can lose some money, maybe trading is not for you, nothing bad about it, just quit and do something else. In life, each of us should try different things, only like that you can find what suits you and your set of skills.
sr. member
Activity: 812
Merit: 310
November 29, 2019, 01:37:55 PM
I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.
keep learning both about technical and fundamental analysis methods, if you have friends around who have experience ask him, but if there is not often often read surely in the future you can by itself.

You can learn with any you like, but I have advice for you. Leave trading use bitcoin because market in deep disaster. Try another financial instrument such as gold, currency or index not to scare you but for your safety. You can try use bitcoin next year because new year meaning new life.
you are strange, there is a friend who wants to learn Bitcoin Trading, you actually scare him. then what are you here for? be a smart member who can help a friend can be smart not to fool him.
jr. member
Activity: 80
Merit: 1
November 29, 2019, 07:20:59 AM
Well, it is a complicated task. You can’t learn bitcoin trading just by only reading crypto news or only researching how trading works or only observing price changes. It is important to do it all and even more. Moreover, to be a successful trader, you should always keep on learning. For example, though I am not a newbie, I still using infobot https://t.me/CexIoInfoBot and reading forums like this one. It helps to keep my brain fit for trading.
sr. member
Activity: 882
Merit: 251
November 29, 2019, 06:45:08 AM
You can learn with any you like, but I have advice for you. Leave trading use bitcoin because market in deep disaster. Try another financial instrument such as gold, currency or index not to scare you but for your safety. You can try use bitcoin next year because new year meaning new life.
he asked for advice to learn bitcoin trading, so why would you suggest leaving it? market under normal circumstances, fluctuations are very profitable. the most important thing is knowledge and analysis so that you can use the moment to get profit.
sr. member
Activity: 826
Merit: 252
November 29, 2019, 01:28:57 AM
You can learn with any you like, but I have advice for you. Leave trading use bitcoin because market in deep disaster. Try another financial instrument such as gold, currency or index not to scare you but for your safety. You can try use bitcoin next year because new year meaning new life.
sr. member
Activity: 756
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
November 28, 2019, 10:30:35 PM
I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.
I agree with this, people always look to the profit that they are getting, not to those learnings that they could get in trading. There are so many ways to learn, there are some videos in youtube that can help you to understand what bitcoin is and how to earn bitcoins, there are also books that you might want to read, also I have seen some short term classes that teaches how to trade bitcoin from scratch to mastery level, but the thing is you will learn more of it when you start to trade, when you experienced everything , whether you lose some money and gain some money it all brings experience to everyone.
indeed most people only seek profit, but for me learning or experience must be owned by someone when trading. yes, through internet media like youtube someone can use to get information or knowledge about the basics of trading. one can also learn trade independently by looking at existing trading platforms. so that the experience of yourself will further develop. You can also try from other people's experiences when you feel that someone already has good knowledge in trading. with all that, you will increasingly have a lot of experience. and I think experience will make someone successful in trading.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
November 28, 2019, 09:37:26 AM
I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.
I agree with this, people always look to the profit that they are getting, not to those learnings that they could get in trading. There are so many ways to learn, there are some videos in youtube that can help you to understand what bitcoin is and how to earn bitcoins, there are also books that you might want to read, also I have seen some short term classes that teaches how to trade bitcoin from scratch to mastery level, but the thing is you will learn more of it when you start to trade, when you experienced everything , whether you lose some money and gain some money it all brings experience to everyone.
member
Activity: 459
Merit: 10
November 28, 2019, 04:43:05 AM
There is a lot of information to learn since you are beginning, and i can't share all the links here. I was just like you before i started out trading.
The best resource i would recommend is Youtube.

Search for tutorials about crypto trading for beginners and then check them out. From those Videos or tutorial, you will get to learn the basic tools you may need to use for trading, best exchanges to use, the basic rules in crypto trading, risk management, Technical Analysis etc

As time goes on, you can also start practicing with small amounts of cash to have a fee of real time trading.
I totally agree with your opinions, the internet is a free resource that can help you a lot in the world of cryptocurrencies. Especially among them is Youtube, there are many videos that guide you on trading, technical analysis, how to make a profit ...
myself before really like you, did everything I could find through YouTube and then practiced to gain experience by spending small sums of money that I could lose to learn.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
November 26, 2019, 09:04:36 AM
I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.

When you are just the first time in the world of trading, there are a lot of tips, but here is the most common and necessary. First, you must learn how to trade using your sources to gain knowledge about what is happening in trading. Next is to prepare a little amount of money to buy. just for trial and experience, then gather information about the coins you want to trade all about the stocks and graph it is essential. In trading, it takes a lot of time when the market is good or bad to purchase; still, it depends on your technique you will discover soon. If you already fail in your plan, try and better to stick on your plan, but if it does not give you any profit, it's better to change and ask advice to those people are already experience trading.
sr. member
Activity: 1456
Merit: 359
November 26, 2019, 08:48:02 AM
There are too many informations about trading in the internet and some of them are contradicting. When I was a beginner, finding a reliable information is the problem because there are many fake gurus that keep giving fake advices to other people. This forum can help you to learn bitcoin trading and there are also books that you can buy in order for you to get some tips and strategies.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 26, 2019, 08:00:14 AM
I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.
sr. member
Activity: 1120
Merit: 251
November 25, 2019, 01:05:39 PM
It just like try and try until you get succeed. I have been praticing doing trading since 2018 but im still consider my self as a beginner trader and I always follow some TA here. Watching tutorial video on youtube is a good way to have basic knowledge about trading but after you watch why not try to implement it just like use some trading exchange that has practice trading features so you can do practicing without any lose of money.
Wouldn't it be difficult to learn from YouTube videos? I mean like this, the price of bitcoin doesn't move the same as fiat money trading. So you can say the method for trading is clearly different. I'm not sure if watching videos will make me faster in mastering bitcoin trading. oh yes, do you also follow the news? like subscribing to a newsletter for example about the latest crypto news ??
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
November 25, 2019, 12:54:44 PM
I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.
Since you are a newbie on the world of crypto and you do not know yet what are the fields of cryptocurrency in which you can earn. You are asking about bitcoin trading and you want to learn bitcoin trading, trading is one of the very hard field in crypto to earn. Trading takes a lot of time, focus and knowledge in order for you to learn and be good on trading. I merely suggest to watch some trading tutorials on youtube because you can learn a lot of it when you watch and try it, you can also try to find some department that are offering to study on trading but I think it is quite expensive if you study on some departments on how to trade. I repeat, trading is hard and you really need extra effort to know how to trade  and you really need a lot of time to learn this.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
November 25, 2019, 12:23:50 PM
I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.
I think practice is very important beside reading/ watching. You can learn from many tutorial on the Internet but you should start trading with small amount daily so you will get many important skills that you can not learn from otherwhere.
It just like try and try until you get succeed. I have been praticing doing trading since 2018 but im still consider my self as a beginner trader and I always follow some TA here. Watching tutorial video on youtube is a good way to have basic knowledge about trading but after you watch why not try to implement it just like use some trading exchange that has practice trading features so you can do practicing without any lose of money.
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