Topic: I think its time to start my crypto trading lessons - page 4. (Read 1051 times)
its a good determination that you have made. you only need to be consistent with the learning and keep practising as much as you can. youtube has a lot of good lessons you can use. check out illya sowic , he is a great guy with lots of tutorials on trading.
As you have rightly said, there’s definitely no one who can learn everything about cryptocurrency in a day or there about. Hence I feel there’s no actual book written that would actually contain the knowledge you so desire towards cryptocurrency and/or trading since it is very vast. I would rather recommend you go on YouTube and watch several good videos, purchase tutorial videos or courses from reputable company that’ deal in that area of concentration.
Even till today, as professional as I think I have gotten, I still pay to get some knowledge and shockingly, times I learn are things I would never have believed I didn’t know! Reading a book about Bitcoin is mostly never my type of advice because books hardly get updated meanwhile things are happening daily in cryptocurrency.
Even till today, as professional as I think I have gotten, I still pay to get some knowledge and shockingly, times I learn are things I would never have believed I didn’t know! Reading a book about Bitcoin is mostly never my type of advice because books hardly get updated meanwhile things are happening daily in cryptocurrency.
when you already know the existence of crypto that's where you have to learn crypto. Talking about time to learn is very easy, you don't need to spend full time studying. on the sidelines or after you finish doing the main work, then you can learn about crypto. Crypto is not in a short time, you have to take it slowly to be able to master trading strategies and become a professional trader.
there are no shortcuts to quickly mastering how to trade. To be able to master the skills in trading you have to study hard, you have to take the time to practice directly with the market. You don't have to spend money to practice, you can use a demo account as your first education. Talking about the courses available are numerous, and there are on youtube and articles that explain a lot about trading and various crypto insights.
I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day, now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading? A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
Wrote about these books in response to a previous post in the feed) I was very interested in reading Mike Bellafiore's book "One Good Deal" and Mark Douglas's book "Zone Trading".
especially if we are in the right community it will really help us to grow in improving the quality of trading. I think we are all the same, which must always study with the market so that the experience of our friends is a valuable lesson, where if it is bad then we as much as possible to be able to prevent it. it's not as easy as reading and memorizing, because what determines the outcome here is trading practice
That's true regardless of what we already have today we still need to always learn,the more experience will also make us better and that's good for development,
Trading is not easy and the risks are big so it is very important to keep learning
actually there's a lot of tutorials around the internet. And for me IMO if you want to learn more i suggest learn it one by one and create a list for it.
for examples how to use indicators, trend line, and other stuff that very useful in trading, so that you can easily understand how it works and what's the important thing to remember when using it.. Just don't rush and remember to practice it using demo account.
Try to be careful about where you are learning them from as well. It is not an easy task to learn things without having any kind of mentor or someone showing you the right path. Sure there are a million resources out there, but which one is telling the right way, and which one is just gibberish trying to gain some reputation and maybe like sell courses?for examples how to use indicators, trend line, and other stuff that very useful in trading, so that you can easily understand how it works and what's the important thing to remember when using it.. Just don't rush and remember to practice it using demo account.
Indicators, charts, all TA types, walls, support, resistance, fear/greed index, many things that matter to crypto trading should be explained very carefully, otherwise a newbie who has no idea will learn it the wrong way and that will end up with something that would be terrible for you in the long term because fixing that in your brain would be hard.
I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day,
Totally agree, as crypto is too vast to grasp all of its information...which means learning about something new everyday is very possible! now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading?
Learning how to read charts is very handy in the crypto a ecosystem and to get started babypips should be a great start 
A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
Use youtube if you don't mind, just search in the lines of forex/crypto trading for beginners .
The basics is the most important if you want to learn trading such price action for example. and if i were you just don't rush your situation coz its not safe, must try to learn the step by step or pay for courses if you want to enhance your skills and for your safety as well especially if you can't afford to lose money while trading. Actually for me It will be a good idea than doing it on your own coz even you use demo it's useless., i mean it still skeptical unlike having couch that always there to fix your mistakes..
Cryptocurrency trading lesson, from my observation before you kick of trading you have to all the elementary rudiments of it, so therefore we have two different ways someone can get acquainted to comprehend the protocols of trading. From my views the knowledge can be get or acquired through online tutorial and manual which is offline lecture of trading.
Some of us due contribute immensely for the low performance of landing into negative impact of cryptocurrency trading. Indecencies of not having enough understanding of trading before going into it, it presume that lack protocols of trading actually course the downgrade of lost in trading. So in the summary take the lesson serious before practicing cryptocurrency investment trading to avoid lost of potential capitals.
Some of us due contribute immensely for the low performance of landing into negative impact of cryptocurrency trading. Indecencies of not having enough understanding of trading before going into it, it presume that lack protocols of trading actually course the downgrade of lost in trading. So in the summary take the lesson serious before practicing cryptocurrency investment trading to avoid lost of potential capitals.
Almost five months in this year not any benefit with cryptocurrency based on my history trading and more dominance with losing than getting profit although still keep holding than use cut loss.
What I think is that you need to stop trading, instead as this never gives you profit but just losses. The more you push yourself, the more you hurt your pocket and yourself. Trading wasn't for you, not even for everyone that is the fact. Don't get jealous to see other people become good at trading and become successful, they are destined to be a trader and you may not. I don't think this is just because of your strategies, knowledge, and skills, or whatsoever, we have to accept the reality that we can't be a trader.
I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day, now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading? A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
^ Experience is very important in trading, just keep having experience, and the more you will go to trading, the more experience you will gain. there is no shortcut in trading, you need to learn from the basics until you will become a professional. A trading lesson is very important, and yes, that is a technical analysis that you need to learn like how to predict using the price graph. We have a demo method for trading, you can try and try until you will succeed.
I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day, now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading? A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
Since you are not in a hurry to learn, I will advise you to start with some Youtube videos so that will have pre-experience about trading also you need to go for mentorship classes(onsite lessons for rapid growth and faster understanding but remember not to trade with all your savings, good luck. A mentor can make all the difference in the world when it comes to learning, after all lets take a look at schools, all of them still have a teacher which is there to explain the topic at hand, and while you can read everything they teach in a book only a few people can learn by simply reading the book, a person is needed to guide the students and help them to digest the material they do not understand, so if yo can get someone to teach you how to trade then do not miss the opportunity as very few people get the chance to have a mentor.
"IF" they are good though. There are more bad teachers than there are good ones and that is why I believe that most children do not grow to build the world a better place.There are some great kids, but they are either going to places that have the best available teachers, or the kids are just great themselves and would have been great in any school. That doesn't mean there aren't any great teachers, there are plenty but they are not the majority and that is the cause of lack of good education at least in my nation, probably in all nations. This means that same goes for mentor in crypto, there are plenty of bad ones, you need to find the good one to become good yourself.
I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day, now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading? A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
actually there's a lot of tutorials around the internet. And for me IMO if you want to learn more i suggest learn it one by one and create a list for it. for examples how to use indicators, trend line, and other stuff that very useful in trading, so that you can easily understand how it works and what's the important thing to remember when using it.. Just don't rush and remember to practice it using demo account.
Almost five months in this year not any benefit with cryptocurrency based on my history trading and more dominance with losing than getting profit although still keep holding than use cut loss. I don't know when bitcoin and altcoin price recovery and back learn with trading lesson again because almost loss patience when getting my fund still loss much with several altcoin keep drop. Maybe have good thing on next month with bitcoin could reach on higher price and keep potential for bitcoin back to all time high price.
When you have people who are willing to help you learn, you will get better but when you are among people who will mock you and not take you seriously then you will not be growing a lot. I have been part of both of them, one of them was a trading bot group that basically mocked everyone as idiots when they failed to do something, and basically labelled everyone morons and just spent days like that for years now, got out after a year or so.
The other was friendly place that helped you when you failed, showed you why you failed, where you did wrong and then told you what should you have done to make it a better situation, got better thanks to them.
This is basically just a phase of your life that you have to accept when people mock you. At first they will mock you, but you will get better and you will earn money when you earn money they will stop mocking you because you are now a person who made more money than they earn as a salary.The other was friendly place that helped you when you failed, showed you why you failed, where you did wrong and then told you what should you have done to make it a better situation, got better thanks to them.
This happened to me as well, some people mocked me but in the end I made great returns and showed it to them and that shut them up. However if you want to learn how to trade, these people are definitely not your friends and you should be focusing on more friendly place to get your crypto earnings a bit more better for sure. That will allow you to learn faster.
Even some years are not sufficient enough to learn the market because it's evolving and you need to be updated with it on regular basis and in one day you can't understand what the hell is happening like newbies learning coding.The more you go deep more you learn about it so you need to spend lot of time in trading with loss and practical experience also still you lag at many points.
The other was friendly place that helped you when you failed, showed you why you failed, where you did wrong and then told you what should you have done to make it a better situation, got better thanks to them.
Having someone that takes you through what you don't understand is very important, it will make you grow faster and with ease you will get things done and people will get surprised at your progress in life. A mentor stands in the gap for you and in trading it watches your back and guides you on how to secure your capital, teaching your management skills and guiding you on investment to go with. But if you are on your own, it is difficult. You will get there with alot of personal effort if you are determined.
Glad to know that, unlink other newbies you are really interested in learning about crypto trading.
Now a days most of the newbies without any trading knowledge directly invests in cryptos, for which the face losses and starts crying.
Op if you are looking for some free tutorials, then there is always YouTube from which you can learn.
Else if you are capable of getting a paid course, then yes go for it. Though it’s not recommended.
Moreover as said, before trading any specific coin, do a market research and analysis of the coin.
At last trade and invest in limit.
Hope this helps you OP.
Those newbies who cry because they made the mistake themselves usually end up being hurtful for crypto as well. If they did what they should have done then they would have been a part of the crypto world and that money would keep being in the crypto world and would help us grow, but since they were too impatient and did something wrong that ended up being a bad thing for all of us included.Now a days most of the newbies without any trading knowledge directly invests in cryptos, for which the face losses and starts crying.
Op if you are looking for some free tutorials, then there is always YouTube from which you can learn.
Else if you are capable of getting a paid course, then yes go for it. Though it’s not recommended.
Moreover as said, before trading any specific coin, do a market research and analysis of the coin.
At last trade and invest in limit.
Hope this helps you OP.
This is why I believe that newbies should not be able to trade right away, they should be basically give a month to study crypto, all exchanges should do that but they won't because they are making money from their mistakes and like to take their money.
Jump to: