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Topic: Quick way to learn bitcoin trading - page 3. (Read 949 times)

sr. member
Activity: 546
Merit: 274
March 28, 2024, 11:59:11 AM
#70
Never look for a short cut way to trade or make a profit from trading because a short cut way will never be good for your trading and profit from trading. The steps to success are difficult and those difficult steps need to be overcome with a lot of hard work. When you go from a single-story building to a two-story building, you have to climb the stairs in stages, but you cannot go from the bottom step to the top step. 

Those of us who are looking for short cuts must give utmost importance to how to trade properly and how to gain proper understanding of trading without looking for short cuts. If we are looking for short cut way then we will not know many common things which will cause us lot of loss after trading.
sr. member
Activity: 882
Merit: 290
March 28, 2024, 03:58:36 AM
#69
Generally bitcoin trading is simple way buy or invest during have lower price and selling later after price pumping, requirement with mentality before trading in bitcoin because not all trader mindset on pleasure when losing position and most of them panic for selling on lower price
Trading and investing are different and not the same.

Investors have their investing mindset and traders have their trading mindset that determine what they will do with their money in a same market.

I don't expect to see a trader and an investor will do the same in a long time like months and years. Because with different mindset, different risk acceptance, different capital management, they will take different actions in a same market.

Traders are more sensitive with market movements, news, fud and they are more vulnerable to psychological effects and will make their trading orders with more fear, panic and uncertainty.

Investors have less risk factors and they can have less stressful investment life than traders with up and down trading life.
hero member
Activity: 994
Merit: 552
March 28, 2024, 12:01:38 AM
#68
Generally bitcoin trading is simple way buy or invest during have lower price and selling later after price pumping, requirement with mentality before trading in bitcoin because not all trader mindset on pleasure when losing position and most of them panic for selling on lower price. I think make more research and analyze before trading and always braveness for using feature of stop loss how to minimize risk in trading, I am not an expert in trading but have braveness its important thing when investing in bitcoin or altcoin.
Some trader lack mentality after make researching and analyze but scare for entry on lower price and prefer waiting for more lower price, make your self always update with new information about bitcoin and looking for any bad or good news for buying and selling bitcoin. Its important thing in trading and know well right time for selling or investing.
hero member
Activity: 2982
Merit: 678
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March 27, 2024, 06:38:07 PM
#67
Learning even outside crypto takes time. Please don't think that someone can learn trading quickly without the background of trading in other markets.

Those people that have traded before and has been in some other markets can be said to be quick learners because they have the idea on how the market works and have learned strategies on how they can profit from it.

But if a total beginner and came from nothing, it's best to learn it through slow walkthrough.
I believe that the principle of trading that is spot trading to be more specific is just as simple as any other economic principle there's no need to be so over complex that it confuses people but i do agree if we are talking about futures and features that an exchange might be having if we don't carefully learn about the feature we might lose money silly.
in most of exchange though fortunately they always give guidance towards their platform user interface and also giving some free tutorials so that their customers can learn, therefore it only requires to go through certain documentation about trading and derivative then its already sufficient.
if we want to get into more complex scenario though its might be worth learning about trading as a whole, reading about economic principle behind trading might help a lot in some cases.
Yeah, it's not complex at all. Because when we understand how it goes, you just have to sell at high and buy them when they're cheap.

That's it, but most exchanges today have other markets to offer and they're not just all about spot.

So, if you're going to learn them, you need to dedicate time and effort on it because they're too complex and complicated.
hero member
Activity: 2954
Merit: 672
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March 27, 2024, 06:31:28 PM
#66
The funny thing is, I see many of my friends kept saying Bitcoin is a scam for years and maintained their view from 2014 until 2019. Then, when Bitcoin reached its ATH, they experienced super FOMO and bought it without any knowledge about crypto because they were so vehemently against it. But then, when the Bitcoin price suddenly dropped, they reverted back to being anti-crypto people. Lol, it makes me think why they don't accept that they need to learn about crypto carefully first.

You will find such people very often in the world, they would oppose something all the time when they are not supposed to do that, and then when they see that thing gaining a lot of success and attention, they start supporting it but if it faces a temporary decline, they start opposing it again. People have been doing this with Bitcoin for a very long time, even when Bitcoin was priced very low, they never supported or adopted it, and they realize their mistakes now.

Those who thought Bitcoin is useless and it is going to end when it crashed from $69k to $16k are now regretting why they didn't think positive and bought Bitcoin when it dropped so significantly, they could earn a lot of profit if they did that but unfortunately, their ego was bigger and more important for them.
This is not surprising anymore. Majority are still hesitant when it comes to bitcoin, it’s like they come to appreciate it when the price is high and eventually dump it when the price declines. That only proves that their lack of knowledge and experience with bitcoin makes them responsible of their own actions. In the end, they will only gain nothing but regrets while seeing those who have made excellent profits with bitcoin because of their patience and determination to keep investing in bitcoin despite of such unpredictable price.
legendary
Activity: 3094
Merit: 1127
March 27, 2024, 02:37:21 PM
#65
The funny thing is, I see many of my friends kept saying Bitcoin is a scam for years and maintained their view from 2014 until 2019. Then, when Bitcoin reached its ATH, they experienced super FOMO and bought it without any knowledge about crypto because they were so vehemently against it. But then, when the Bitcoin price suddenly dropped, they reverted back to being anti-crypto people. Lol, it makes me think why they don't accept that they need to learn about crypto carefully first.

You will find such people very often in the world, they would oppose something all the time when they are not supposed to do that, and then when they see that thing gaining a lot of success and attention, they start supporting it but if it faces a temporary decline, they start opposing it again. People have been doing this with Bitcoin for a very long time, even when Bitcoin was priced very low, they never supported or adopted it, and they realize their mistakes now.

Those who thought Bitcoin is useless and it is going to end when it crashed from $69k to $16k are now regretting why they didn't think positive and bought Bitcoin when it dropped so significantly, they could earn a lot of profit if they did that but unfortunately, their ego was bigger and more important for them.
A very normal human being behavior on which you would really be going into the flow on where most people would really be believing into. If you have seen some positive results then you would really be tending to dive in but on the time that you would really be experiencing problems then this is where you would really be making yourself that ended up on having doubts or even blaming up someone just because you have lost money.
Yes, this is something that we cant really be able to control nor be able to predict on where it would be heading. For those who had been able to believe into those earlier years then even just simply holding will really be bringing out that fortune but of course now that the prices are on the peak then holding is a bit useless i would say and this is why people would really be opting out on trading it actively since they do know
that they could really be able to play up with the volatility, but of course this isnt something that anyone could easily pull off.
hero member
Activity: 644
Merit: 591
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March 27, 2024, 01:48:51 PM
#64
The funny thing is, I see many of my friends kept saying Bitcoin is a scam for years and maintained their view from 2014 until 2019. Then, when Bitcoin reached its ATH, they experienced super FOMO and bought it without any knowledge about crypto because they were so vehemently against it. But then, when the Bitcoin price suddenly dropped, they reverted back to being anti-crypto people. Lol, it makes me think why they don't accept that they need to learn about crypto carefully first.

You will find such people very often in the world, they would oppose something all the time when they are not supposed to do that, and then when they see that thing gaining a lot of success and attention, they start supporting it but if it faces a temporary decline, they start opposing it again. People have been doing this with Bitcoin for a very long time, even when Bitcoin was priced very low, they never supported or adopted it, and they realize their mistakes now.

Those who thought Bitcoin is useless and it is going to end when it crashed from $69k to $16k are now regretting why they didn't think positive and bought Bitcoin when it dropped so significantly, they could earn a lot of profit if they did that but unfortunately, their ego was bigger and more important for them.
legendary
Activity: 966
Merit: 1042
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March 27, 2024, 01:37:56 PM
#63
Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started

Not sure replied before or not, but still here is a short glimpse of what I think about it,

Learning solely about the Bitcoin pair for trading in the crypto market is not sufficient, as on different time frames Bitcoin consolidates, and there's always the need for other specific pairs to trade for profit. Although most of the market pairs move with Bitcoin and ETH still we cant ignore the other currencies trading potential.
hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
March 27, 2024, 01:26:19 PM
#62
Im not professional like others, this is my path in taking trading, what are the trading candles suitable with your preferences, there's a different candles with different uses its up to you now which one is you think could help a lot with your trading, next is use the market chart make familiar with the feature of the trading platform you are using with, after with this i tried to analyze different trading patterns even just the basics so I know what are the next possible price movement. If there's an assurance with the help of the indicators this gives you an additional hint if the position you are seeing is good or not, you can practice in paper trading like in trading view with your newly acquired knowledge.
sr. member
Activity: 1400
Merit: 340
March 27, 2024, 10:47:59 AM
#61
Unlike anything we learn for the first time, trading has basics on which it operates and the first step is often to gather enough PDF materials for reading online and offline as well as watching or subscription to a YouTube channel that teaches beginners trading.
Other social media platforms may have tutors, but you got to hit the search button and type in your key word before you find similar interests.

Overtime, you would be bold enough to engage in simpler trading processes like swapping coin for another, spot trading, future trading, leverage,  and one thing is that many exchanges now like Bitget, use bots and AI tech to make trading more swift and seamless for both beginners and expert traders.
legendary
Activity: 3080
Merit: 1144
March 27, 2024, 09:55:42 AM
#60
There is no "quick way" to learn bitcoin/crypto trading or trading in general just like how there is no quick "quick way" to learn investing and other things like design/programming and stuff. This crap takes time.

But here's a decent source as far as I've heard: https://www.youtube.com/playlist?list=PLvkpxFSTppmnQ7A5DP386zEKU0Tv_fatm
Generally, there are no shortcuts in life. If you want to learn and gain, then take time to learn the process and follow step by step. Acquire knowledge and develop skills and good strategies. Most especially in trading where it’s certainly skill and strategic based, and not just through any luck.

However, the more reliable and legit your resources are, the faster you will learn. But the real challenge here is not  actually to learn, but eventually to master your trading style so you can maximize your profits in the market.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
March 27, 2024, 09:35:50 AM
#59
Learning even outside crypto takes time. Please don't think that someone can learn trading quickly without the background of trading in other markets.

Those people that have traded before and has been in some other markets can be said to be quick learners because they have the idea on how the market works and have learned strategies on how they can profit from it.

But if a total beginner and came from nothing, it's best to learn it through slow walkthrough.
I believe that the principle of trading that is spot trading to be more specific is just as simple as any other economic principle there's no need to be so over complex that it confuses people but i do agree if we are talking about futures and features that an exchange might be having if we don't carefully learn about the feature we might lose money silly.
in most of exchange though fortunately they always give guidance towards their platform user interface and also giving some free tutorials so that their customers can learn, therefore it only requires to go through certain documentation about trading and derivative then its already sufficient.
if we want to get into more complex scenario though its might be worth learning about trading as a whole, reading about economic principle behind trading might help a lot in some cases.
hero member
Activity: 2800
Merit: 603
March 27, 2024, 09:01:55 AM
#58
Online research and Videos - there are a lot of them. Some big exchanges have also demos for practice trading.
We can learn it somehow but the truth is that - we can gain additional knowledge and learnings when doing actual rather than just reading theories and tutorials. This only means that in order to learn, we must enroll trading in real life. We lose or earn, that is part of the process. If we want to succeed and continue our journey then we also have to adapt to the situation and face the risk. Things are not easy, we need to struggle first before reaching our goal.
Trading outcome does not matter on how highly knowledgeable you are when it comes to trading theories and tutorials, but it’s more on application and skills development. With this, you need to enter the real scenario in trading and use your real hard earned funds and not just using a demo account. While demo account can be a good beginner’s guide, but it does not help us in carrying and managing our emotions when we are already experiencing real losses and gains from our trades.
That's true because many traders are just good at analyzing the market when are not in actual trade but when they are doing this in real life, they even commit mistakes and lose. This will imply that application is very important to know if we are actually learning from what we read and also to know how effective it was. Many traders assume themselves and are overconfident as they have acquired knowledge about trading not knowing how far doing this in real life. Yes, we can expect a lot of market changes which is why most of the time we act differently from what we read and even far from those tutorials.
sr. member
Activity: 1386
Merit: 326
Eloncoin.org - Mars, here we come!
March 27, 2024, 04:05:17 AM
#57
There are so many ways to learn about trading and you can easily learn with the help of videos and participating in beginners course but your learning will be checked with through visualizing your experience. Without experience just learning cannot give you fruitful outcomes so after learning you will must face some failure but its normal because these failure will provide you a smooth way to perform well in future.

You can learn quickly but you cannot get profit quickly through trading if you posses the same thoughts of quick earning. Give time to your learning because if you are in hurry then you will not learn well and with little knowledge you will dive into trading which is very dangerous thing.
hero member
Activity: 2716
Merit: 904
March 26, 2024, 07:50:15 PM
#56
Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started
Unfortunately, there is no quick methods to learn trading. Although there are different resources available online, but you can’t expect to easily learn all of them and become a good trader. Being a trader requires knowledge and skills, so you have to be more patient in gaining them as it may take a long duration of time. Otherwise, if you take a shortcut, you will never get to learn trading in a more detailed manner which will make you more susceptible to losses when you start real trading.
hero member
Activity: 2828
Merit: 673
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March 26, 2024, 07:09:19 PM
#55
Re: Quick way to learn bitcoin trading
I am not just comfortable with your caption. You could have just asked for ways to learn bitcoin trading and not quick way to learn bitcoin trading. The word quick is making me think you want to steps. And we know that in cryptocurrency trading, the basics are so much important that they are not supposed to be jumped. It is the basics that takes much time to the learnt and when you eventually learn it, you can start implementing every other method from the idea gotten from the basics.
So, if you desire to learn bitcoin trading, just have a permissible time frame at heart but don't go for everything so quick that will make you jump steps. There are alot of articles and journals online and there are offline coaches willing to teach.
You’re right. There is no quick way to learn in trading, because if there is any, majority will definitely be trading at its expertise right now. All should start with its basics first, until one is capable enough to develop his own strategies that will work on his own trading style. Furthermore, all beginner traders should endure consistent losses at first, until they start overcoming their mistakes and losses which may lead them into profitable traders in the end.
hero member
Activity: 2786
Merit: 646
March 26, 2024, 03:48:37 PM
#54
Learning even outside crypto takes time. Please don't think that someone can learn trading quickly without the background of trading in other markets.

Those people that have traded before and has been in some other markets can be said to be quick learners because they have the idea on how the market works and have learned strategies on how they can profit from it.

But if a total beginner and came from nothing, it's best to learn it through slow walkthrough.

To bad for this people they want to rush everything about their bitcoin investment that's why usually they fall on scams since they meet those fake guru that invites them on their scam programs and fall for it as a victim.

If they really want to learn about bitcoin then they must consider to search for lots of information about this and they are ready to read a lot of articles then watch some valuables videos comes from different sources then for sure they can learn by doing that in process. They need to know that there's no easy way on everything and if someone promise them like that then most likely those guy have bad intention to them and they will just trying to lure them on a scam.
They would only realize that they shouldnt really be rushing up things because this is really that prone to tons of mistakes and errors on which this is something that they must avoid.
They should really be taking it slow but surely because if they would really be rushing up things then it would really be something that will really be affecting you out along the way.
Trading isnt a skill that you could really be able to learn up on a short period of time on which it would be not good if you are really that rushing up just because you do want to have that mindset on
wanting to become rich of trading and this is something that we shouldnt really be doing in the first place.

Learning would really be coming into basics until you would really be self wary on the things around or on what must be done and what must be learnt up.
Experience would be your best teacher whereas you would really be able to naturally be able to learn up those things along the way. Not everything would be written
online or those articles on which the rest comes from actual experience.
hero member
Activity: 2982
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March 26, 2024, 02:12:47 PM
#53
To bad for this people they want to rush everything about their bitcoin investment that's why usually they fall on scams since they meet those fake guru that invites them on their scam programs and fall for it as a victim.

If they really want to learn about bitcoin then they must consider to search for lots of information about this and they are ready to read a lot of articles then watch some valuables videos comes from different sources then for sure they can learn by doing that in process. They need to know that there's no easy way on everything and if someone promise them like that then most likely those guy have bad intention to them and they will just trying to lure them on a scam.
Yeah, most of the ones who are rushing are the ones that becomes a victim of fake and scam investments in crypto.

They think that those are going to teach them but I guess and sure it does teaches them but on how to protect themselves to scams once or after they've become a victim of it.

Whatever we learn certainly requires a process so that we can understand it well, even for those who already have a background in trading in different markets, of course they need a process to be able to find out the strategies they will use in trading to be able to generate profits and for an individual. For those who are new to trading, of course they have to learn slowly to really understand it well so that they can trade correctly and not experience a lot of losses on the first try they make.
They have to choose the slow process but if they're a genius and from being a total newbie into being an experienced expert, that's good for them.

Because there are people that has natural born talent into quick adapting and learning.
full member
Activity: 1148
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March 26, 2024, 02:03:01 PM
#52
Learning even outside crypto takes time. Please don't think that someone can learn trading quickly without the background of trading in other markets.

Those people that have traded before and has been in some other markets can be said to be quick learners because they have the idea on how the market works and have learned strategies on how they can profit from it.

But if a total beginner and came from nothing, it's best to learn it through slow walkthrough.
Whatever we learn certainly requires a process so that we can understand it well, even for those who already have a background in trading in different markets, of course they need a process to be able to find out the strategies they will use in trading to be able to generate profits and for an individual. For those who are new to trading, of course they have to learn slowly to really understand it well so that they can trade correctly and not experience a lot of losses on the first try they make.
sr. member
Activity: 1316
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March 26, 2024, 11:18:35 AM
#51
Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started

I think op this will help you https://99bitcoins.com/ try reading that link because i am pretty sure you will get ideas about bitcoin and other things.

Or if you are a bit lacking there op here is a training course on bitcoin that is still free from what I have seen and also discovered and just read it and good luck to you op
Bitcoin course, As long as you don't rush to learn Bitcoin because it is not acquired through quick learning, everything has the right time to learn in everything here.
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