How to learn bitcoin trading? - page 7.

Serco

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Quote from: ajeef on November 17, 2019, 12:54:37 AM

Quote from: alexsandria on November 17, 2019, 12:50:48 AM

Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

There is loads of information out there. Well before you do trading I would like to highly recommend for you first to DISCIPLINE yourself AVOID unnecessary things out there. Always set a PLAN and stick with it no matter what. Anything else such as tips and techniques you could acquire it in the internet. Best thing is youtube for you to be able watch it on hand.

It's easy to remember what we learned from the internet or we read on the books of the trading basics and knowledge. The harderst part is the discipline itself and doing trades that always same as the setted plan is almost impossible to do consistantly because the crypto market is too agile and crazy and always unpredictable.

most of traders have no dicipline.they always unpatient facing bad condition in market although they have good skills . experience and knowledge didn't guarantee we will success in market,mostly dicipline be the main problem for crypto traders..dicipline in their trading plan or anything else that will influence their trading result.at this moment,beginners have many advantages, they could learn from any free source .different with few years ago when trading booming.

DeathProxy

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There is alot to be learnt in trading bitcoin but watching videos on YouTube will be a good start. There are many trading videos on YouTube that will help in shaping your trading knowledge within a short while. So also is enrolling for a crypto course on udemy. I used the platform and i must say its really educative for newbies who wants to go into crypto trading. When you eventually starts trading bitcoin try to trade it in an exchange with good reputation and user-friendly interface for easy navigation and trade execution

ajeef

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Quote from: alexsandria on November 17, 2019, 12:50:48 AM

Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

There is loads of information out there. Well before you do trading I would like to highly recommend for you first to DISCIPLINE yourself AVOID unnecessary things out there. Always set a PLAN and stick with it no matter what. Anything else such as tips and techniques you could acquire it in the internet. Best thing is youtube for you to be able watch it on hand.

It's easy to remember what we learned from the internet or we read on the books of the trading basics and knowledge. The harderst part is the discipline itself and doing trades that always same as the setted plan is almost impossible to do consistantly because the crypto market is too agile and crazy and always unpredictable.

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Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

There is loads of information out there. Well before you do trading I would like to highly recommend for you first to DISCIPLINE yourself AVOID unnecessary things out there. Always set a PLAN and stick with it no matter what. Anything else such as tips and techniques you could acquire it in the internet. Best thing is youtube for you to be able watch it on hand.

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legendary

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learning to trade must be prepared to dare to do too, because learning to trade must practice, if not practice and only theory, I'm sure you will not be able to become a professional trader,
if you are ready for it, then you only need to learn the theory, whether you learn through social media, youtube or from books.

Best Dreams

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Quote from: Polar91 on November 15, 2019, 05:02:33 AM

Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

There are a lot of ressources you can find in the internet. If someone gives you specific links, you might just be limited at it and possibly you won't explore more by yourself. Most of successful traders don't actually pay for traning, seminars, or even books in order for them to acheive what they got today.

For sure there are a lot of ways to learn about trading because now trading is so famous as people mostly prefer choosing to trade as their source of earning so learning it is now a big deal as we can learn from internet and YouTube as there are so many websites now a day which helps new traders to learn it and make money out of it.

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Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

One of the best way for a newbie to learn something like bitcoin trafing is through watching videos that explains the basics and as well as the vital information you will need to consider before, during and after doing a trade, of course before trading make sure you invested money that you can afford to lose because basically you're just a newbie and you are more vulnerable in doing mistakes and you also need to analyze the market whether it is a good time for you trade your btc, sell or just hold, during trading you must be wise on your decions and you need to have strategies that can save you when things don't go the way you expected it, do some research about strategies and by those you can even make your own and after a trade you should continue in looking at the possible things that can happen on the market and think about your next trade, that's all i can share with you and then everything will depends on you.

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Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

Bitcoin being the first cryptocurrency in thw world, most of those who are within the crypto space and even in the financial industry see it as something who would challenge fiat or the traditional currency. Referencing on its price history there seem to be lots of volatility one will encounter along the way, but you can still trade it successfully.
Upon trading you need to follow four steps:
1. Decide how you want to deal bitcoin, there are actually to ways. First is,
buy the cryptocurrency itself and hope to sell it for a profit or speculate it's value and never own one.
2. Learn the factors that moves bitcoin's price, while the latter's volatility makes it attractive, its also highly risky to speculate on.
3. Choose a bitcoin strategy. There are lots of it just do your reasearch about those.
4. Lastly, make your first bitcoin trade.

ragavancoin

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If you have basic knowledge about bitcoin trading that's more than enough. Go search in Google about bitcoin trading wiki and you get to know easily about it.

There is YouTube in that also you can find about bitcoin trading.

PuertoLibre

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Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

The trading books and the educational trading forums can help you to understand the basic working mechanism of crypto markets. I suggest starting with the book written by Mark Douglas( "Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude"). I don't advise you to start with the Youtube videos because the biased market reviews will not let you reach the desired level of understanding the markets.

adjed

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You can get tons of research material in YouTube and other places but it just doesn't end in learning it, you have to know some certain things that could be quite dangerous to trading if you practise them while trading and some of them are impatience, listening to what people has to say about certain projects and allowing their enthusiasm make you invest without making any research of your own and a host of others, you could view some of the high points here: https://bitcointalksearch.org/topic/m.36449251

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For beginners, there are many things to learn before trading, all information on trading on bitcoin can be seen on Twitter, Telgram, and YouTube on official crytocurrency info. All you need to know is that risking in bitcoin is a big risk, all cannot guarantee our assets, especially for the period. forward, my advice before starting trading should think first and understand the risks that will be faced later

That is right, there are too many websites where we can learn about trading. First, here in the forum, there are too many topics regarding trading advice, tips, guides, and rules. Just keep reading if you are newbie, there's no need to rush to go to in trading if you are not fully knowledgeable enough. When you know the basics steps and technique you can try with a small amount that you can afford. Try and try until you will become to success.

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Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

Bitcoin is a good investment good for to choose your money in bitcoin. Trading bitcoin now is not advisable because the price of bitcoin is so low maybe you can hold your bitcoin for a long term that is the good you can do now hold and wait for the bitcoin price goes up. And i think much better you can have a patience for that.

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Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

There a lot of way to learn in trading but the fastest ways to learn trading for the newbies like you want to start in trasing job is google search and watch youtube to get a lot of information and guide how to start in trading. And do not look exchange with low fees I advise choose exchange have good reputation and have fair treatment for their investor with also a good security system. The pn I give you some point to avoid much risk always analyst mistakes.

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Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

The only aspect that is substantially different than what you will see in other markets is the volatility, this market moves many times faster than any other market I have seen but everything else is the same, my advice is that you find a couple of professional traders that have been successful and read their books and concentrate the most on the techniques needed to secure your capital, that way when the price goes down your losses will be small and you can recover them the next time you trade.

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I learn trading through actual experience. Just the basic concept to buy at low and sell at high. Actual experience will teach you also because it will give you ideas on the spot. Being on the actual trading is so exciting and fun especially in seeing the highs and lows of prices. Just make sure to trade the fund you can afford to loose. You can also learn from other traders and read some reviews and thoughts they will share in the forum.

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Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

There are a lot of ressources you can find in the internet. If someone gives you specific links, you might just be limited at it and possibly you won't explore more by yourself. Most of successful traders don't actually pay for traning, seminars, or even books in order for them to acheive what they got today.

bitzizzix

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There are many ways for those of you who want to learn bitcoin trading, and you can get it on Google which in my opinion is the best platform to find information about bitcoin trading or whatever you want to know about cryptocurrency or bitcoin and you can also see the crypto trading tutorial
on Youtube.
and before you start trading, you need a few days to learn it well about trade-related knowledge and find as much information as possible and you should also be involved in this forum because here there are many excellent sources of knowledge and many other things that can benefit you , Good luck.

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Quote from: jcpone on November 12, 2019, 08:41:14 PM

Quote from: Odetta1 on November 06, 2019, 02:19:26 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.

If you want to learn in bitcoin trading, you must not become greed to earn fast here in cryptocurrency. Don't just easily believe in the pump and dump group were you will usually encounter it at the telegram most of the time. Then, Don't just easily get hype with the sweet words from the team updates about the coins they are promoting it. Never try to attempt to use margin trading if you don't have enough idea about in it. ANd always starts at small capital if you are just a newbie in trading too.

Newbies need not only to invest their money but also the time to keep learning the market. Many newcomers are not ready yet but they've enter the market with so much hypes inside their minds. Forgetting the most important part of this industry, they just trade without any learning some just because of friends influence others are hoping for some luck to have a winning pairs. Make sure to always research before picking your assets.

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Quote from: gabmen on November 07, 2019, 02:03:34 AM

Quote from: Yatsan on November 07, 2019, 01:23:06 AM

A lot of guys here suggesting watch youtube videos or read articles on how to trade. For me, same with them but watch only the essentials, the basics! After that, you should start trading with a small amount of money. I believe that to learn how to trade, you need to experience trading fully. Keep on learning by experiencing it.

Quote from: Shasha80 on November 06, 2019, 08:42:09 PM

don't take trading signals, because what they share is not necessarily accurate.

Personally, I am applying some of the trading signals I see here on the web, and mostly they are working. But yeah, you will lose money on some signals. Nothing is accurate in terms of trading. But most of the signals are just based on the trend. For me, following the trend is a good thing with regards to trading because that is my basis when I am making a day trade.

Basically learn from everything. The tips that you'll see here are what works for the people giving out the tips. Videos, books, engaging in forums and discussions, you'll be able to pick up a lot from all these. Though i agree about trading with small amounts. What you'll learn from others won't have any effect if you don't apply and practice. Keep yourself aware of how it feels to lose. I think that's essential in getting your emotions ready for trading.

This is the approach that we should follow, you never know when you are going to learn an invaluable lesson about trading, this forum is a great example of that, I never imagined that I will learn about trading in the forum but you can read so many useful posts that it is opposite, if you pay attention you will learn many things about trading even if that was not your intention, however selecting a few books from which to learn is not a bad idea either.

Topic: How to learn bitcoin trading? - page 7. (Read 1925 times)