How to trade cryptocurrencies? - page 5.

jostorres

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Quote from: Peanutswar on March 05, 2022, 07:10:18 PM

We have the internet to give you a chance and find the excellent platform or exchange next; we have YouTube or the online video platform used as a guide on how to execute those platforms correctly. Of course, once you are already there, try to apply that knowledge you gain.

I am afraid just because of having all the resources and platform which are needed for getting ready to begin with cryptocurrency trading, no one will be able to make profits from cryptocurrency trading. I mean in-between resources and live trading, there is a big task which is learning and practicing. This is the reason that we have lots of losing traders and very few profitable traders.

Quote from: ?? on ??

Cryptocurrency for work is quite an interesting option. With the right approach, the result can be quite interesting.

Yeah, if you are unable to provide right approach then never think about getting into cryptocurrency trading. Because, there are lots of other methods are available to make money with cryptocurrency and trading is not the just only one option.

King0

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At the moment you can get help from YouTube if you want but if you want to take training from someone personally then you can watch their videos from youtube for this you can contact them then you can know about cryptocurrency and understand how to trade about them. Coins that are not bought and sold, you can understand them well, then you must be able to take a good profit from the online marketplace with cryptocurrency.

Peanutswar

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Top Crypto Casino

To trade your cryptocurrency, you must need to know where is the most ideal and suitable for you. We have the internet to give you a chance and find the excellent platform or exchange next; we have YouTube or the online video platform used as a guide on how to execute those platforms correctly. Of course, once you are already there, try to apply that knowledge you gain. Ideal for sticking to a known reputable platform preventing some issues with hacking or phishing

Bollexz1

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I used to trade crypto based on instinct and that's when I was still new in the space but not anymore.... So these days I base my trade on personal research, them apply my self strategy that best work for me and believe me its the sweetest way to go about it.

Sanitough

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Quote from: khaled0111 on March 05, 2022, 04:05:53 PM

Thank you OP for the link, a well written article indeed!
Clearly it was written for beginners as it covers the basics of trading, difference between cex and dex, known trading strategies... but it also has a lot of links to many other articles and videos which detail each part. So, even advanced traders may find it interesting.
However, just reading articles and watching videos won't make you a successful trader. It requires more than that and you need to practice everything you learn.
Binance academy also have some good articles especially about TA and trading strategies.

Experience will certainly make a big difference in trading. Reading and watching alone maybe less of importance when application will not be done after that. Maybe you can start from demo trading and when you think you are ready for the real world in trading, then start to create your first experience. Trading should be learn in a hard way, that's most of the traders do. But if you have develop the right attitude in trading, aside from your own skill and good strategy, then trading could be easier then that will make you more comfortable in sustaining your profits. But be prepared first for frequent losses in trading before you can achieve trade gains.

khaled0111

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Thank you OP for the link, a well written article indeed!
Clearly it was written for beginners as it covers the basics of trading, difference between cex and dex, known trading strategies... but it also has a lot of links to many other articles and videos which detail each part. So, even advanced traders may find it interesting.
However, just reading articles and watching videos won't make you a successful trader. It requires more than that and you need to practice everything you learn.
Binance academy also have some good articles especially about TA and trading strategies.

clarkt

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How to trade cryptocurrency is to have a strategy of your own with basic knowledge of technicalities of trading which includes charting, plotting graphs to determine the situation of the market and to serve as speculations for future market condition!
In addition to all the aforementioned, you must be discipline, patience and have some control of your emotions!

Captain Corporate

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Quote from: fullhdpixel on March 05, 2022, 02:40:17 PM

This is why you should learn "how" to trade and not "what" to trade. It is definitely not something that you could potentially profit if you keep just getting learning what the coins you should trade, and just listen to someone and buy whatever they keep saying. I personally try to avoid that as much as I can, there is nothing that I could benefit from listenning to someone else, it just doesn't make sense. Instead, learn how you should trade, its alright that X person picked Y token but why? If you know what you are doing then you should be doing it with ease and find your own coins after that.

fullhdpixel

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Quote from: ?? on ??

there are many things on the web that can be easily taken to learn how to trade cryptocurrencies. and as far as I know Binance makes a lot of trading tutorials.
I myself to this day take a lot of trading knowledge from youtube videos but for beginners you have to be very careful because not everything you see and hear is something you should follow, you need to do a lot of research yourself before starting anything.

We need to be careful and not just follow every random tutorial that we see on the web because we don't know if what is their intention but a lot of them are only trying to mislead the people or to pick up a wrong coin but that's nice to know that binance now offers tutorials I think that is because so many newbies are choosing them because they are popular and known to be reputable. Much better if we stick to them if we don't know where to trust.

On our forum, we also have trading sections here and also beginners and help section, we can also rely on it. Youtube and other unknown source can only come next by the time we have learned something.

so98nn

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Honestly my ground zero was my friends when first started with the crypto currencies trading. However, that was really stupid idea. Friends you know? Grin

They gave me lot of ideas and I followed everything however with the least success. So yep its better to have lessons first before we can even enter into the crypto currencies market trading. The first lesson I got is, market is highly volatile and we can not trust the next move with logics or copy professional traders. That is really noob thing to do. So, highly recommended to go for long term hodling of the crypto and then only make your move. Secondly, you can always have good trades if you are putting lot of time in learning day trading. For this one, you particularly need volatility so that you can quickly buy and sell the assets. So this is one of the my learnings and one could take it as lesson at their own pace and experiments.

sou-kou

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You must lose money in real money, or you can't have awe of the market, and you can't form your own discipline system.

antmex

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Maybe some say: trading cryptos is hard. I say: it’s not if you have the right instruments.
I developed my own indicator for tradingview which is easy readable and easy to use. So I think everyone can trade and be a successful trader.
Here is an example: https://www.tradingview.com/x/Zp5dgsf3
Every time Bitcoin failed to break the yellow line and closed below, it’s an sell/short opportunity.
On my opinion, it’s easy to read and use.
Of course you can draw a lot of lines into the chart and overload it with tons of indicators, but most of them makes no sense.

DoublerHunter

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Quote from: ?? on ??

There are some guidelines for trading, if you follow these things you can trade.Although trading may seem easy, it is not easy. Your little mistake can lead to many big losses.So I would say that if you want to trade, you have to know a lot and then you have to trade. There are many guides available for trading সংর save and learn.

^ Trading is not for all, if you did not learn yet, trading is not for you. If you did not have a passion for it and knowledge, trading was not meant for you.
It is very risky in trading, it will probably easy to see and read the guide but if you are in actuality, you may suffer losses. Because in trading there are prey and predator which is you should belong to the predator. Spend your time having research will increase the chances of making a profit, but that is not a guarantee that you will frequently earn money without losing.

barbara44

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Quote from: lelo32 on February 28, 2022, 08:56:29 AM

I came across this useful article which learn how to trade cryptocurrencies?

Thanks for sharing that link but who is the author and what was their track on writing good guides or performances in trading? If you share any good resources from reputed authors or traders then that would be really helpful for many trading aspirants here for sure.

Quote from: lelo32 on February 28, 2022, 08:56:29 AM

What are your other sources of crypto trading education?

This is not a big deal anymore. Yeah, just youtube is more than enough for anyone who tries to get start in crypto trading career. For studying materials also, there are lots of websites are available to for free of cost. But, the catch these days is, how serious you are in pursuing good knowledge on crypto trading.

Most newbie will show interest for one or two weeks after that do get busier on social media; I mean the availability of resources for learning these days not that big deal these days but your efforts and time.

jossiel

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Quote from: Flexystar on February 28, 2022, 12:12:42 PM

Very nice article. If that’s written by you then I applaud for it.

Yeah, to be fair. I find his website and article good.

Well, as people would have various sources for trading cryptocurrencies. It's always better to rely on those tutorials and details from the established ones.

Most that have said it on this thread is from known exchange that provides education to their customers. Some low key threads are also helpful, there really are too many materials that one can find if he's researching and wanting to know more deeply in trading.

jaberwock

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Quote from: redsun114 on March 02, 2022, 08:06:56 AM

There are lots of websites that you can learn how to trade cryptocurrency and even videos on YouTube that can as well teach you all that, many of them! It all depends on what you learn and no matter the type of trading that you want to learn, there are always so many places that you get the knowledge.

It’s good to also check out several other websites too that you can through Google, you never know what you may see that might be helpful to you tomorrow when you’re trading. Learning never stops, just keep on doing your research and you will be getting better at it with time. And also learn to have patience and work on your strategies until they are really good.

Binance academy is a place I can suggest on top of that. Searching on google will usually give better results, the way google ranks websites is the clicks, so if the second ranked link on a search starts to get more clicks than the first, then they will switch places.

It means that most clicked will eventually always become the first one. So that means if you do google search, you will see the most clicked ones there. Search around for the things you want to learn, and there will always be great places that will allow you to get the best out of your research as well. This is the way most people learned, and youtube is also another great resource as well, combine those two and you got yourself covered.

SirLancelot

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Quote from: redsun114 on March 02, 2022, 08:06:56 AM

There are lots of websites that you can learn how to trade cryptocurrency and even videos on YouTube that can as well teach you all that, many of them! It all depends on what you learn and no matter the type of trading that you want to learn, there are always so many places that you get the knowledge.

It’s good to also check out several other websites too that you can through Google, you never know what you may see that might be helpful to you tomorrow when you’re trading. Learning never stops, just keep on doing your research and you will be getting better at it with time. And also learn to have patience and work on your strategies until they are really good.

Crypto trading is not new and there are now lots of videos of them in youtube. Youtube is easy to reach on any platform/device and by any people. This can be one of the best medium right now to learn trading because it is a video based. You can easily follow what is instructed on your screen and if there are topics that you cant find in youtube, that must be the time to use your search engine to look for it.

The article that the op shared is also good. It was a long post with pictures so we are sure that it tackles the important part of crypto trading. There's also external links that redirect to their main source. We could find other relevant information there.

Sebas.tian

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Here are some of my sources I learnt my crypto trading:

1- YouTube: The best place from newbies to learn crypto trading from is YouTube because all the tools anyone needs to understand crypto trading are there to see or play to hear the right direction to follow in the community.
2- Telegram: Telegram is another website people easily learn cryptocurrency trading from in the community because all the example you need to understand cryptocurrency trading as a newbie are there for you to view or read to know the right project to invest your money in the future.
3- WhatsApp : WhatsApp is another website you can follow in the community that will help you to differentiate fake project and real project in the community. There are many pictures and videos to watch to understand cryptocurrency trading and how to use it to make a huge amount of money from community.

palle11

sr. member

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To trade cryptocurrency is about determination and with that you can be passionate to search the internet daily until you are satisfied that you have something you hold on to. YouTube videos too are resourceful. Basically I believe in practice. If you keep practicing on your closet that will help you to make your wrongs to be right. You make the mistakes and you adjust on it. Don't always rely on what you see on videos but make sure to practice it by your own first before going live trading.

redsun114

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There are lots of websites that you can learn how to trade cryptocurrency and even videos on YouTube that can as well teach you all that, many of them! It all depends on what you learn and no matter the type of trading that you want to learn, there are always so many places that you get the knowledge.

It’s good to also check out several other websites too that you can through Google, you never know what you may see that might be helpful to you tomorrow when you’re trading. Learning never stops, just keep on doing your research and you will be getting better at it with time. And also learn to have patience and work on your strategies until they are really good.

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