Topic: Learning Crypto trading as a beginner (Read 1396 times)

Learning trading is very difficult.  Because trading is not easy to master.  Learning trading requires a lot of patience and dedication.  Many people resort to various types of training.  But most of them are scams.  It is better to master trading on your own rather than relying on others.  Because trading is a practical process.  So the more you get into it, the more you will know about it.  Moreover, one cannot enter trading completely ignorant.  After knowing the basic concepts and all the strategies and rules of trading one should come to trading.  But in the beginning a very small amount of money has to be invested.  The less money can be invested and what.  Then when the trading is fully mastered the amount of money can be increased in parts.

I lost my job due to the covid-19 pandemic, it gave me reasons to think about investing in BTC, I saw a lot of videos & recommendations abt how to invest as a beginner in stock marketing but it all ended up same crab. I lost enough money investing BTC on my own, fortunately my uncle referred me to Mr David Thomsen, a well experienced and smart broker. I reached out to him, I told him abt my challenges in BTC investment & he accepted to manage and complete my trade for me. Ever since I started my investments with him, I've covered all my losses and made massive profits, I'm writing this to all beginners who are confused or having hard times to make a profitable trade to avoid same mistakes I made. reach out to thomsend00 @gmail for guidance

Crypto trading is much easier than the forex trading or stock trading. I learn crypto trading without the help of anyone. Before I started, I watched a lot of video on the YouTube and some basic online tutorial from Tradingview. I equally joined the Tradingview Telegram group and with all this, I was able to learn crypto trading very fast with easy. In forex trading and stock trading, you can't learn it without the help of anybody. They are very complex to learn them. As I was learning, I started taking step by doing some buying and selling. It is by doing you learn fast and become experienced.

This forum was a great help too. I equally read a lot of articles from some expert in this forum. What I discovered is that the more time you spend on the trading of crypto the more experience you become.

In crypto trading, it is difficult to lose money except the crypto cease to exist or lose your coin to hackers. You might be losing at a particular time, but at another time you might be gaining as well. It is good to have patience when trading crypto. Sometimes, holding coin is very important either to gain more profits or regain your capital when there is a price fall for some time.

It is very Important to do a studying of a particular coin before you start trading the coin. This helps you to know more about the coin credibility and how well the coin has been doing in the market.

there are countkess articles on google about this shite. you can search for them and have a better understanding.

Learning is a very important for any kind of business or any kind of hand tactic work. Without learn no one can make a perfect performance because learning is very necessary as a trader. When beginner want to start cryptocurrency trading on that time most of the beginner don’t know about trading so it is most important to learn cryptocurrency trading. If you want to perfect result in your trading so you should learn before then start your crypto trading. 

Exactly this is what I want to say that proceeding for higher investment or buying of coins in large quantity may give you bad experience in your beginning because you do not have practiced trading before. If you have experience of it then you can safely trade with any amount but you will have to take care of any market situations so as to act according to present conditions.

In any case, in the first place, you need to be psychologically ready for the crypto-currency business, because here you need to have a lot of patience and endurance. It is now more than ever that such character traits are required for users of crypto currency.

As a beginner using CRYPTOCURRENCY IN TRADING it takes of alot of time of reading and understanding on how bitcoin flow on the market and how trading to be done. Always make sure to try to use a little amount just for a trial on how you benefited the so called trading in the market. For sure whatever the result, worry no more of lossing or gaining atleast you try in minimal amount.

Theory can never make you a great trader especially when you are a beginner. You have to have so many things on your mind besides the market information and the technological knowledge. These are the things that can make you a good trader. Make sure you invest a little in the start and attain some practical experience as well because this is something that will eventually enable you to play big games.

We should not take for granted those advice's as we also need them for us to step up in the first stage, when I was new in learning cryptocurrency too, at first it really confuse me and thought that it is not meant for me, but as I have seen the opportunity behind it even though I don't have any idea about the technical and now learning from it and loving it much.

Learning to be a trader are need atleast to be take on what are you have to do with like you are on the side of making to be more practical like you've been taking on what are others tell for in a small amount are good when starting but when you have to know more on trading try to take also in the way wherein you are take the risk of the higher amount though of it.

For every school you need money, for every practice you need money, nothing comes free in this world. You need books and teachers for school, you need practice to master some tools that's what practice is. More money you invest in school and practice, better results you can make, we all know that best schools are the most expensive ones. In crypto you need to know that most experts are so called, this is new technology, trading is new for most of the people, so school is reading what others have to say, watch how others do it, don't pah for stupid tutorials, in this case that money from school invest in practice, practice in trading is managing bankroll you have and all you need is internet to start trading. When people ain't sure what to do, they start with small amounts like it's said above, slowly progress and building bankroll, there isn't other way around, you need to lose something to gain something else, have that in mind.

I've experienced with a small capital i can profit consistently, but when using capital is greater irregular maybe this is called trading psychology, we have to trade as comfortably as possible

That's a great advice. Especially relating small amount of trading. You need to learn how to manage small capital first, and to manage your emotions that can ruin any amount if uncontrolled.

I would also suggest to learn tech analysis as well. This is really helpful. Moreover, it is better to create a trading system including m and r management.

for beginners I suggest you learn how to become a good and right trader by reading some info in several international media that discuss cryptocurrency so that you can know the right time to buy and sell coins and can give you profits.

The best training is an independent practice. But I consider it necessary to constantly study theory, as well as fundamental, too.

Yes, sure - start with the minimal sums: it will help you not to lose. Do not be greedy at all - you have to learn the scheme how to trade without the losses (at least the big ones). Start with a hundred or a bit more.

Well thats called being fearless and not tactical. A wise person would not go all in like that while trading because they know how volatile the market is and how big a loss it would incur if they did invest in a big amount. Its the safer bet to place 10% of captial in every altcoin you want to get into. Moreover the capital amount may be just 10% of what you are willing to invest after your savings. That way your money as savings is kind of risk proofed from crypto while you still have money to invest.

When you are having courage in something risky - its going to do downhill soon.

Agreed, that is why if I am teaching someone how to trade,
first is by teaching/enlighten then about the essence and basics
in trading then I will let them try live trading, so that they will
experience the feeling of how to win a trade and lose a trade.