When I was starting to trade just a while ago, what I want to know is the behavior of the cryptomarket which as we know is quiet different compared to the stock market. What influences the price of the cryptocurrencies in general? Does the price of Bitcoin affect other cryptocurrencies and to what extent? By understanding as how the cryptomarket behaves, then basic strategies would be a trader's next interest i.e. of course assuming that you entered trading with necessary knowledge about Bitcoin.
So to summarize what you think would help you is that
- Emphasize the difference between the stock market and the crypto market
- What is Bitcoin's role in the price of altcoins?
- Basic trading strategies
We can never really know what could happen in the market, that should be another point that should be emphasized. Being too emotional would be hard for people.
Their are so many services who provided paid call trading in cryptocurrency. From my personal experience if you trading by yourself you always being in loss. Because their are whales who accumulated whole crypto market. They liquidate your short and long position so fast.
This is not ideal, IMO if you really want to learn to trade. For those who are busy, it would be nice to have this service for sure. Just don't expect to be the best in it. Most of the signals show their
Best Trades not the losing trades.
Personally, I am not a type of person who likes a lot of introduction, a basic knowledge about bitcoin and how to trade would be enough for me.
I know how to manage my funds and my strategy is that i like to learn more on experience rather than in theory, so basically I don't need more time before I start trading, doing it is just like a continues study or improvement in my actual activity.
I think you should be more specific on the part of
basic knowledge on Bitcoin and
how to trade. Like what aspects of it? The ideal type of introduction that you would like.