As a newbie, having good read about the basic of cryptocurrency is very good starting. Many newbies deny this and don't want to do this. Glad to know you.
First of all, what kind of earning do you want? Trading or investing? Or others?
If you are going to learn trading and investing, it is better to learn also about:
1. Available trusted and reputable exchange in your country, if not, you can go to Binance and register
2. You can learn about lists of crypto here in coinmarketcap and also CoinGecko
3. If you want to start trading or investing, ensure that you already know the risks probably loss
4. Always be aware that you only use money that you can really afford to lose
5. Better to choose top coins, not new coins or tokens moreover the hype coins,
6. Learn about coibs that have good fundamentals, utility, market cap and also trading volume, moreover have been listed on top exchange
And more, I am personally always learning by doing
Topic: What do you need to learn to make profit in Crypto? - page 2. (Read 267 times)
I'm new to crypto still and I was wondering what should I be learning if I want to make profit from crypto? I was thinking just learn how blockchain works then smart contracts then learn PoW and PoS etc. Then maybe I learn some about popular coins then I just learn to use graphs and learn to trade. I already know about wallets and scam attempts phishing etc.
Is my strategy good or is this not good?
Any help is greatly appreciated.
Is my strategy good or is this not good?
Any help is greatly appreciated.
Crypto is just digital assets. Earning profit can still depend on your works. Example: you can be a freelancer yet can accept crypto as a payment hence you earn crypto. But if you want trading, I suggest you should understand the very basics of trading first and be specialize in crypto. Trading itself takes years of both studying, practicing with no funds, and applying it with real trades to master and sometimes wouldn't that be profitable (depending ofcourse if you do leverage trading with high margins). You should also consider having enough money to invest first plus your risk management is a must. There's also pre-sales and shitcoins that creates huge profit but you must be careful as it is prone to rugpulling and not every projects are legit.
Gambling is also profitable and can be more profitable than trading if you start with 1000 usd capital. Both are high risk high reward.
Is my strategy good or is this not good?
I think your strategy is enough good. There has a simple reason what is you are learning first. And i feel soo happy that your first priority is learning. And i feel happy because if you doing like that then when you started your journey you can generate profit easily thats a good sights for your self. In my crypto journey i learn lots of thing but my most useful learning is we have to learn first and also we have to learn in our every day, every moment of our work. Because learning gives us hope, confidence and calm what we badly need for our any work. So i think if you continue like that you can achive a best success. And you can made your own strategy and also you can verify your self your strategy good or not.
Is my strategy good or is this not good?
Any help is greatly appreciated.
Any help is greatly appreciated.
Just lurk everyday in the crypto world reading crypto-related stuff. The fact that you have now learned about wallets and some scam attempts related to crypto, was a great start and you understand well what you read. Try learning the basics of crypto-trading as your next subject.
Take one step at a time and soon you will be used to it. While in the process, try to make small trades along the way to somehow feel the actual pressure of doing trades. Just be serious if you really want to know more about how to profit in crypto.
Is my strategy good or is this not good?
It depends. If you want to join a signature campaign on this forum and profit from bitcoin, you can know more about bitcoin.
If you want to make profit from trading, you will need to learn how to trade, this does not require much knowledge about blockchain, PoW and PoS.
If you want to be a developer, you will need to know more about CSC and programing
Which means it depends. Try to know the part you want to focus on.
You can even just hodl.
I'm new to crypto still and I was wondering what should I be learning if I want to make profit from crypto? I was thinking just learn how blockchain works then smart contracts then learn PoW and PoS etc. Then maybe I learn some about popular coins then I just learn to use graphs and learn to trade. I already know about wallets and scam attempts phishing etc.
Is my strategy good or is this not good?
Any help is greatly appreciated.
Is my strategy good or is this not good?
Any help is greatly appreciated.
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