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Topic: I want to know about Crypto Trading - page 4. (Read 660 times)

jr. member
Activity: 1274
Merit: 1
December 05, 2021, 11:32:49 PM
#50
Thank you for your interest. Remember there are many risks involved. If you do not come here with the right knowledge then you can lose all your money. So after gaining the right knowledge, invest in Cryptocurrency.
sr. member
Activity: 958
Merit: 265
December 04, 2021, 06:32:23 PM
#49
First of all welcome to the forum. Remember learning is an important aspect of life. No work can be done without proper learning. So I would suggest you start learning from youtube tutorials and experiences shared by the expert traders.
Also, join forums where you can find the relevant content. which can guide you properly. Also, I would suggest you start working on a small amount. So that the risk of loss would be minimized.
hero member
Activity: 2114
Merit: 603
December 04, 2021, 01:26:35 PM
#48
Hello everyone, anyone can tell me details about crypto currency trading, i am highly interested to learn 🥰🥰🥰
Binance has the academy and tips for beginners like you.

https://academy.binance.com/en/articles/a-complete-guide-to-cryptocurrency-trading-for-beginners

It's quite a long read but it's worth it especially for someone like you who's starting out. Do not get shilled by anyone too with coins you're about to buy.

Quite big read, oh yeah he is gonna need bigger than that if he wanna really trade in the crypto space. The fact that this market is far more complex to control as compared to share market will make him read and understand more than just few pages.

He will definitely need more practical experiences too so that he can understand where they are failing and where they need to improvise. As crypto trader it’s very hard to rely on the fundamentals or TA too because it’s way volatile and can fluctuate crazy enough to confuse someone.

This market surely out rules every aspects that different analysis can apply to the traditional one. It’s better to start fresh, dive in and get the experience by loosing something to earn better profits. At the end they are hugest. 😄
full member
Activity: 868
Merit: 106
December 04, 2021, 12:40:47 PM
#47
There are so many generous people on youtube and Google who always share content about trading and also explain how to trade. It all comes back to you, if you always study hard and can use your time well, I think you will be able to dominate the market. Trading is based on understanding the market and how we manage stable profits.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
December 03, 2021, 10:48:26 AM
#46
Hello everyone, anyone can tell me details about crypto currency trading, i am highly interested to learn 🥰🥰🥰

Just read first about peoples experienced in trading then watch a different youtube tutorial. After a basic knowledge you can try with a small amount of capital and apply what you have learned from others experienced and trading tutorials. Later on you will see if it really helps your trading and also while trading learn or do your own strategy because everything in trading is depends on your knowledge, patience, strategies and your emotion.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
December 03, 2021, 10:33:09 AM
#45
many Udemy lesson needs to pay to learn for the lesson so I think that will not be a good idea for beginners to learn from that place unless he can find a free good lesson from Udemy. I think he can search many videos available on Youtube and by using a combination of the keyword, I think he can get dozen of the good lesson while he can start real trade using his small funds as a start. But it needs time before he can improve his skills and that will depend on how serious he learned the lesson and understand the point. However, my suggestion will be not to use too big money to start trading.
I am always not in favour of paid courses regardless of its effectiveness and recommendations from this community. Because, there are lots of free tutorials and all other resources are available at every part of the internet hence spending for learning cryptocurrency trading is not making any sense to me.

Moreover, learning is just only 20% of whole process of becoming successful in crypto trading and all the remaining are purely depending on how intensively we practice in live environment either with help of demo accounts or with small possible capital.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 03, 2021, 05:29:00 AM
#44
To get the best of crypto trading you should check within your self how distracted are you. If you can enroll in online academies without been distracted then you stick to udemy or shaw academy then if you can't cope with online academies then a physical academy will be recommended. This will mean looking around you for a good option
But many Udemy lesson needs to pay to learn for the lesson so I think that will not be a good idea for beginners to learn from that place unless he can find a free good lesson from Udemy. I think he can search many videos available on Youtube and by using a combination of the keyword, I think he can get dozen of the good lesson while he can start real trade using his small funds as a start. But it needs time before he can improve his skills and that will depend on how serious he learned the lesson and understand the point. However, my suggestion will be not to use too big money to start trading.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
December 03, 2021, 04:34:50 AM
#43
There are a lot of things that you would have to learn about trading, it’s not just about asking people in the forum to teach you, because they are never going to be able to teach you everything here. If you just want to know the basic that you have to do then let’s start with the basic, the first thing that you will have to start with is choosing an exchange.

Find a good exchange that will be affordable in terms of fees that you will have to pay for transactions, and also one that offers really good features. Binance is an option for a lot of people, it’s quite popular and you must have heard of it. The next one is Coinbase which is very easy to use, because of how simple their platform is, but their fees are much compared to others like Binance.

The next thing is that you need to get a good wallet, if possible a hardware wallet that holds majority of your assets. Then you have to start learning about trading and how everything works. A lot of videos are helpful on YouTube, and you can as well read articles that explains from the basic so that you will be able to start. Learning never stops, and as time goes on you are going to keep on improving.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 03, 2021, 03:48:19 AM
#42
The simple explanation is not really simple to do since if we are in real time doing trade we will struggle to find a good position if we are new that's why as you said there are so many guides we can grab to get better understanding on how market works and we need to invest some time to read all possible information what we can possibly get. I think youtube is more helpful for some certain people since from this we can interact and see the real tutorial by watching the vids what the creators uploaded.
I would say that it is actually quite simple, the hard part is to do that simple thing. You know how school is not actually that hard? I mean you go to school, you listen what the teacher says, you take notes, you go home, do your homework, go over what you wrote down as notes from the classes, and you are done. Do that for every day for 16 years and you will graduate amazingly.

Some people can do it, and yet some people just do not listen in class, do not take notes, do not do their homeworks, do not go over anything, basically it is just being a bad student. This is same with trading, there are few things that you need to do and unfortunately some people can't do it. There are some stuff in the world which look "simple", but unfortunately some people fail to do the very simple thing, it is not unique or uncommon, it is very common for people to not follow the basic steps.
hero member
Activity: 2954
Merit: 796
December 03, 2021, 03:46:12 AM
#41
You can start by reading it online. Crypto is a volatile market, so you should start slow. The knowledge of technical and fundamental analysis is important to make money from crypto trading. Follow the basic rule: buy low and sell high.

Fundamental and Technical analysis is indeed the backbone of trading. The problem is how to apply it by yourself without any background on trading. I believe he needs experience and proper guidance to become a successful trader. Everyone can be a trader by just buying low and selling high but maintaining your portfolio in profit and minimizing the risk is very hard and crucial in trading. I don't think that OP can easily understand the proper way by just reading or watching. He needs someone to mentor him so that he can ask and interact on things that he is still confused.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
December 03, 2021, 03:39:16 AM
#40
To get the best of crypto trading you should check within your self how distracted are you. If you can enroll in online academies without been distracted then you stick to udemy or shaw academy then if you can't cope with online academies then a physical academy will be recommended. This will mean looking around you for a good option
newbie
Activity: 19
Merit: 0
December 03, 2021, 01:31:45 AM
#39
You can start by reading it online. Crypto is a volatile market, so you should start slow. The knowledge of technical and fundamental analysis is important to make money from crypto trading. Follow the basic rule: buy low and sell high.
member
Activity: 770
Merit: 12
Trphy.io
December 02, 2021, 08:35:10 PM
#38
Unless if you are just simply buying, holding, and then selling at high, that is absolutely easy but that is not what we called trading, it was hard and risky that is why it needs to have dip knowledge and market understanding in order to save us from losing.

Well, I'm not going to wonder this will be heard in most of the promotional ads as they need to cover and lie things in the actual scenarios for the sake to gain attraction from the audience and listeners. If that you need to know OP more about trading, they have to make yourself first spend time on the internet and watch videos that could help you.
learning about trading in advance from various sources will indeed be better, than we jump straight into buying and selling activities for real. By having that knowledge, we can only put it into practice, but for that it requires a process, because it is not only technique that must be mastered, we must be mentally established as well.
sr. member
Activity: 1876
Merit: 318
December 02, 2021, 06:17:06 PM
#37
Hello everyone, anyone can tell me details about crypto currency trading, i am highly interested to learn 🥰🥰🥰

That good if you got the desires to learn about trading, but before digging up everything? basics is very important for us to avoid losing a lot of money. Sometimes our decisions would be overpowered by our emotions, even myself got mistake despite of long time trader.
All you need to do is find a popular and secured asset like btc, eth, xrp and bnb. Start your investment with a small amount and do a particular research for every asset you're holding with.

It is indeed something positive if people want to learn to trade, because trading can indeed be one way to make money in the crypto world.
Most importantly we should not be lazy when learning trading, because trading is not just buying at a low price and selling it at a high price.
There are other factors that make us able to make profit from trading, initially of course we must learn the basic things first. So don't be in
a hurry to jump into the market if we don't have knowledge about the crypto world. After starting to understand how crypto works, we can
start trading with small capital first, and as you said start trading with popular coins. That will make it easier to make a profit, because popular
coins do have a very high demand. So when the price falls, it usually won't take long for the price to rise again. If we can make regular profits
from popular coins, we can increase our trading level by trying trading on new coins.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 02, 2021, 05:35:39 PM
#36
Unless if you are just simply buying, holding, and then selling at high, that is absolutely easy but that is not what we called trading, it was hard and risky that is why it needs to have dip knowledge and market understanding in order to save us from losing.

Well, I'm not going to wonder this will be heard in most of the promotional ads as they need to cover and lie things in the actual scenarios for the sake to gain attraction from the audience and listeners. If that you need to know OP more about trading, they have to make yourself first spend time on the internet and watch videos that could help you.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 02, 2021, 04:41:20 PM
#35
Hello everyone, anyone can tell me details about crypto currency trading, i am highly interested to learn 🥰🥰🥰
I will argue there is not such a thing as crypto trading, you are just trading and as such any book written by an expert about the topic should be more than enough as a starting material, however you need to tell us since you are so interested about trading what books, articles or websites have you read so far? Because it is very easy to say you are interested in something but to actually demonstrate that is the case is something completely different, and there have been many cases of people that say something like that but that had invested no time at all to prove this is the case.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
December 02, 2021, 04:29:20 PM
#34
Hello everyone, anyone can tell me details about crypto currency trading, i am highly interested to learn 🥰🥰🥰

That good if you got the desires to learn about trading, but before digging up everything? basics is very important for us to avoid losing a lot of money. Sometimes our decisions would be overpowered by our emotions, even myself got mistake despite of long time trader.
All you need to do is find a popular and secured asset like btc, eth, xrp and bnb. Start your investment with a small amount and do a particular research for every asset you're holding with.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
December 02, 2021, 04:07:19 PM
#33
Start with a practice account. There are exchanges and platforms that have a demo account, you don't have to spend any single penny using them and it's a simulation of trading.
In that strategy, you're going to have an idea how trading with crypto used to be and that's going to prepare you in taking risk so that you won't be surprised if you're money is already involved in it.
In strengthening the knowledge of crypto trading that has been learned, you should start with the real thing and not be limited to a demo account, I believe novice traders have no investment management and choose to buy any coin without a valid analytical basis, nowadays many exchanges are new hold trading contests on testnet network with high payout prizes and maybe you can participate very seriously in trading.
It's just a start, I'm just telling if a newbie wants to know more about trading. He can do it with a practice account, there's nothing wrong starting with that and then eventually go with the real thing.
Since trading is a real thing, it's a fact that a newbie has to use real money to trade and whatever he has learned with a practice account, that's where he's going to apply what he has learned there.
jr. member
Activity: 210
Merit: 1
December 02, 2021, 11:06:17 AM
#32
While some digital forms of money including bitcoin are accessible for buy with U.S. dollars others necessitate that you pay with bitcoins or another digital money.
To purchase digital forms of money you'll require a wallet an online application that can hold your cash. By and large you make a record on a trade and afterward you can move genuine cash to purchase digital currencies, for example, bitcoin or Ethereum Here additional on the best way to put resources into bitcoin.
sr. member
Activity: 1022
Merit: 252
December 02, 2021, 10:32:21 AM
#31
Hello everyone, anyone can tell me details about crypto currency trading, i am highly interested to learn 🥰🥰🥰

There are a lot of details on this forum especially on trading sections but the threads are not in ordered from the newbie level to the advance, so it's better for you to search a youtube video about the newbie guide about starting a crypto trades.
Start from creating an account in an exchanges then buy your first cryptocurrency, then you can next with decentralized exchanges, different type of wallets and ETC.
Last thing you should learn and you will have your time spent most in it is technical skills, and risk management. good luck.
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