Topic: What are the basics of trading? (Read 1861 times)
to be able to trade better and can always get profits, the most basic strategy you must have the expertise to read charts or read price situations and conditions at the exchange place and after that you must be able to control the patience you have so that you will be able to benefit very much if you already have such expertise.
If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.
Although I'm not so very expert in trading I believe that trading is very difficult when it comes to analyzing what is the best cryptocurrency you should purchase or to trade. But I think it is more complicated if you don't know what was the basic idea or the other ways to earn profit on trading. That's why it is important to study how market movements affect the conditions of all cryptocurrency especially on the cryptocurrency that you have.
The important thing to do for beginner cryptocurrency traders is to learn and there is no harm in watching the right trading tutorial on YouTube and after that practice but beforehand you must be ready to accept the loss but have to keep trying until you really can and never give up and control is the emotion when trading.
There are a lot of different places where you can learn about trading. I think that you can start from reading books and watching special youtube channels.
In order to be able to trade properly and safely, you need to have a compelling approach. Electronic money transactions are not a simple thing, so you need basic techniques.First of all, you should start with a small investment to learn the experience. Besides, be careful with pump-dump and FOMO. One important thing is you should diversify your portfolio
in my opinion the basis of trading is that you have to be able to control the patience you have and you must be able to apply to buy at a low price and sell it at an expensive price, don't let you sell at a price that is cheaper than the price you bought.
People in general have a completely mistaken idea of what trading is about, they get the idea that it is like in the movies in which they need to make a trade every minute to make profits but the only ones making profits with that way of trading are the exchanges and the market in general, what you need to do is to wait for the opportunity and only trade when that opportunity presents itself and sometimes you need to wait for weeks for that to happen.
The main rule is to take into account possible risks and correctly deal with unprofitable transactions, I think that it is more correct to close the transaction with minimal losses than to sit for a very long time and wait until the transaction is again relevant
İlk things to do patience must be then experience. This market very challenging and patience who want to a sector. Everyone can not be patient and be awake need to
For a while you should watch the coin that you want to trade. Then you can start trading with a little bit money. So you wont loose big money. Because trading is dangereous. Try hodling..
Before trading on a crypto exchange, you should know everything about trading. What methods of market analysis, and most importantly, to be able to apply correctly. But this is crypto and everything is different here.
The basics of trading are simple, do not start trading if you do not fully understand what you are doing and do not control the situation. Many unsuccessful traders did not understand what they were doing and did not analyze the market.
I think the basics for trading you can learn by yourself and the information is already widely available on the internet, there are articles that teach you how to trade so you can get a profit in trading, or you can see videos on youtube about trading, learning as much as you can and starting trade
It used to be very easy to trade on the exchange. Any news related to the crypto project was reflected on the exchange. The price instantly grew or fell, now this method does not work absolutely.
Basically you have to start research about trading.., follow crypto traders who are expert in this industry..
There's a book titled The Trading Code by Jason Cam really helpful especially like me as newbie to trading. It tackles basic of trading , terminology, charts, strategies and technical analysis as well 
Hey. Cheap to buy, expensive to sell.
If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.
Its very easy to go in trading, easy to watch trading tutorial in youtube, easy to look the charts in the monitor, but all of this was too difficult to understand, that's the reality happened for the common traders whether you are newbies or old trader. But just like what you are asking for on this discussion, well as a trader you need to have capital that's the no. 1 rules, then second you must know what blockchain means, also you must know that what altcoins you are going to buy once you get enter in the exchange platform.
if in my opinion we must have a market area that can be reached by the public and investors and most importantly we have the capital to buy an item that we will sell or if we do not have it all we certainly cannot do a trade so there are many the process to do it all, but if we really do it the key is to be diligent and don't give up, surely in the future we can get success
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If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.
Watching the video on youtube can help you to understand what are the basics of trading, and I am sure that you will understand. Besides youtube, you can read from many sources on the internet. The important is you know if the price is down, that is the right time to buy, and when the price is up, then it's the right time to sell. That is the basic of trading, and you can learn more about trading by reading and watching the video, and I am sure that there is a lot of tutorial in out there that you can use for your lesson.
The main way I learn cryptocurrency trading is through Youtube, because there is a lot of video teaching there, I think it is easier to learn than text teaching!
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