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What are the most recommended methods that one could use to Understand trading?

Trading has become fairly popular, as it is now accessible to everyone while also increasing one's income. However, a lack of information can be risky because it might result in losses. This is why, before entering the forex market, one should get a thorough understanding of the subject.

Trading isn't like gambling where you take your games based on probability. For trading you need to gain mastery of how each Market behaves with a grounded knowledge about candle sticks and how the news affect this candle sticks.
For a start you need to

• Get the knowledge
• practice, practice, practice on a demo account
• fund a live account

Mind you to remain profitable in trading business you need to keep your knowledge updated from time to time. Traders are consistent readers

Depends on what you specifically mean by "understanding trading" because that's pretty broad lol.

If you meant understand the concept of trading, then simply just read dozens of articles freely available online.

If you meant understand how to trade specifically, then it's mostly just practice + a bit of psychology(controlling your emotions and all that).

It is true that having little knowledge is dangerous because you'll lean on that knowledge and you'll think that you've got enough.

But this isn't the forex market but a bitcoin or crypto market and a bitcoin forum.

Understanding trading is an umbrella term which could give you a lot of answers and methods on how you could potentially make profits in the long run, this means that you need to do lot of reading, charting and testing multiple strategies to familiarize yourself from the repeating patterns that occurs on graph until you become comfortable in trading the market.

Or if you are looking for some resources to learn the basic concept of trading then I highly suggest to check this --> https://github.com/SpiralDevelopment/Awesome-Crypto-Trading.

why should you start in the forex market? are you a forex player who makes a trhead on bitcointalk inhabited by crypto activists.

if you ask about what method is recommended, you should try it first. There are many technical analysis methods that can be used. Technicals are also combined with fundamentals, and the initial strategy also needs to be determined. and what becomes very important is to do capital management, risk management and train psychology. So there's a lot to understand. The most important thing is to learn the basics first.

I think you are looking for some guide to avoid losses in your future trading plan?

There are many people who already ask the same thing here on the forum or related to this topic but overall, they are all the same.
If you want to learn about trading and understand how it works there are some links that I know could help you start to learn about trading including free and paid tools.

Here's the link "Awesome trading guides and tools (https://github.com/SpiralDevelopment/Awesome-Crypto-Trading)"
Don't forget to use the trading simulator under that link and use the skill that you learn from guides there and apply you don't need to spend money to practice just make sure to think like real trading.

Even if you get a hold with the right information losses will be there. The volatility will rekt you if you are greedy with taking high profits.
It's not like in just a blink of an eye claims will always be there. Traders should be emotionless to make the right choices and some added good luck that it won't go the other way from their prediction.
Volatility is such a mess but if done right it could be really profitable. Safe mode had always been my position with just little profits of income. It's not my daily job so I don't need to hustle.

With limited knowledge, you should avoid trading on Forex. I suggest you pay more attention to the charts which will give you more time to control the trade. In fact, many people closest to me have complained when they started trading but entered the Forex market. Nothing profitable there. Then I introduced crypto to them until now they just said "I regret why I didn't trade crypto in the first place, I regret knowing Forex as the first trading platform known".

From this statement, can you take the point?

I think it's just like any other subject or business, if you are putting in money in any business without proper knowledge or information in that business you are bound to fail, it's just that trading especially margin can be so risky that it can take away your hard-earned savings in just a matter of minutes, just one wrong trade can finish everything for you.
The most recommended method when you start is just do spot trading and only do mid-term trading or longer-term trading, avoid day trading if you want some peace in your life.
I don't know if you know trading or not, but probability is the most important element of a scientific trading system, otherwise, all you are doing is drawing lines and doing some self fulfiling prophecy.

Lots of good articles to understand trading. You can find references from many articles. If you asked 'how to understand market movements' you have already answered, lack of information will cost you. But so far I only use 1 way to follow the market movement, namely with fundamentals. I suggest learning the fundamentals.

Most of the knowledge I got were all from youtube, but as what mk4 mentioned, specify what do you mean by "understanding trading". Learning indicators? Learning the UI of whatever exchange you're using to trade? There's a lot of what should be covered in understanding trading.
It's becoming popular, but it's really hard to learn the ropes if you're expecting to earn in your first day.

Forex market or Crypto market it doesnt really matter because you would really be still needing the same thing when it comes to trading.They would really just vary with the volatility you are dealing with but with
overall concept of buying and selling is really just the same.What are the methods? Start up with the basics from simple terms of those indicators or platforms would be used and the rest will really be varying or depending on the experience that you would able to get when you do trade.Dont stop on learning because trading is a never ending learning for someone who do engage with it.

The most important thing that you need to understand before starting to trade is that no matter how well experienced you are in trading something else, here when you start you are at zero. First you need to study the market and the way people trade before you do any trades.

If you come in crypto unprepared and start trading right away then there is a 90% chance that you will lose all of your money. Of course, that 10% is still not about you, just because there is a chance that you may come in during a great bull run and make a good profit from first day if you are lucky but that depends on the market and still not to you. This is why no matter what you should always study and learn trading in the crypto world specifically to make a profit, if you do not do that then you are going to end up losing a lot of money and that is never good for anyone.

knowledge of course, because without such things you cannot understand how trading really works and etc, so must educate your self first before anythings else. In fact all the information can easily find in the internet wherein even you used a simple keywords for it.. Make it as your priority if you really want more information about trading its a big advantage to be honest..

Yes, with advances in technology, one of which is the internet that helps us to make it easier to get information,
it depends on how serious we are in learning to trade,
so basically we don't need to worry because there is a lot of information about how to trade well on the internet

you go deeper into what they say buy low.sell high. this is what you will mostly hear from some traders who are providing tutorials for newbies but its not really that simple. becuase you need to identify how low and when can you consider the price to be low. this goes also for how high the price should be for you to decide to sell.

understanding every aspect can only be acheived when you applied what you learned after some loss.

I take this advise as a good reason to know how to trade. Everyone trader has a strategy to trade but often we make loses and not just loses but huge loses that will take our accounts out from the market. Those times are important times for a review on the reasons to the lose and if we get to understand why we lost, we can correct our mistake. Therefore, a newbie can start somewhere and gradually grow on the strategy.

What do you mean by "understanding trading?" I think trading is an activity to buy and sell. So what you need to understand is how you buy and sell and learn more about trading, such as analysis, how to use indicators, how to search for the info, etc. Besides that, you need to learn when you can enter and stop trading so you do not buy the coin at a high price. You should learn many things about trading and the more lessons you can learn, the more you will understand about trading.

the main point is to increase knowledge about trading, as much as possible multiply and deepen knowledge about trading. if it has been done then we can try it with a little capital first. all of that requires a process and also needs to be trained so it does need more effort. Over time, of course, we can understand and analyze the market well so that we can determine the right time to sell or buy coins. it is necessary so that we can make a profit in trading.

This is a very important aspects with respect to trading, we can't be experts if we don't risk ourselves into something no familiar with. You should experience all the circumstances and consequences in order to achieve all rewards in the end. Understanding trading also involves our emotions and ability to handle pressures by the time of crucial fluctuations in dealing with unpredictable market.

There's a lot if you're willing to learn.

• Video Youtube Tutorial
• Here in the forum, Bitcointalk.org
• Books and ebook
• Copy trading or demo trading platform

These are the only example that how could you learn in trading.  Because trading isn't easy to make money,  it's very risky to jump up without even knowledge or lack of knowledge.  You must understand the market flow before you'll enter either it is forex or in the crypto market.

The concepts and skills of trading can be achieved in a variety of ways. One can always learn trading online (https://trustinst.com/) by reading blogs provided by a range of educational and trading platforms, or by searching the web for seminars and other videos. There are websites that offer courses that can be really beneficial, making them an excellent solution for newbies. Many platforms offer a demo or training account option that can be beneficial to both newbies and experienced traders, as it gives them a feel for dealing with real-life trading circumstances. People can now more easily get into trading than ever before, thanks to the widespread availability of the internet.

A quite interesting topic is discussing people here, i would suggest every trader to know some of the basic strategies of trading and get the main aims on the coins like in trading which coins he want to buy and what are its favorite coins which he always want to trade on, for which he have his own trading strategies that he should follow.

The good thing now is that there are demo accounts everywhere. So you are not just going to be reading about trading, you can also be practicing trading with demo accounts that you will find almost everywhere on every trading platforms.

So, I would say that you should give it a try before going into the real thing. Demo accounts are going to help you to understand what trading is all about. And when you start trading with real capital, nothing on these platforms is going to be strange to you, because you’ve already practiced them. Another good thing I think a new trader can do for his or herself, is to look for the guidance of people who have been there before them.

I personally have been practicing on a demo account for a long time such as forex, binomo, but the changes in my characteristics are still far away, because I use a demo account. looks a joke when we use a demo account, my mentality is not shaken. Unlike the case with us practicing using real money from our wallets, my mentality was immediately shaken and very careful, I think a demo account can't change my mentality and is not really recommended for practice, practice and practice.

If you mean understanding trading as learning trading then there is lot to learn before trading.
Trading can be considered as gambling as its not always assured that you will get profits.
So in order to understand or learn trading you need to understand the market.
Analyse the market for a couple of weeks and then use a demo account to trade.
Don’t invest a single penny unless you learn how to trade properly.
At last after gaining experience choose the best coin and invest on that.

Trading Cryptocurrency is an individual endavour, you will have to research and found what information is useful for you and develop your own unique way of trading Cryptocurrency which will lead to a strategy you can always use to maximize gains.  You could start your learning how to trade from Binance Academy and Wikipedia!

As long as you can analyze the market moves, I think you will find the time to enter trading but as always, the more you can learn about trading, you will have a chance to get the right coin and make a profit. If he gets lost in trading, that is normal because every trader will have that experience and more opportunities to recover the losses. I am sure if he can learn more, he will improve his skills, which means he will have the chance to make more profit.

Understanding in trading is very important to all traders here in cryptocurrency. Without this thing, it will be hard for sure to earn in the end.
So, I think being an empty cup is very important for the individual trader, so that every learning that you will get via experience in the actual trade in the exchange will lead us into knowledge about it, just simple as that.

Currently, there are many guides that you can find in various articles, journals, online class books that will teach you how to trade. Plus seminars that you can now find on every social media. You just need to choose one that you can reach and really learn and work on one by one. Then you will find what you are looking for. Everything just needs to start starting from self-motivation.

The first thing a person should do is gain knowledge about the market and how it works. Gaining through reading articles, contents or just watching shouldn't be the only way. In fact, its better not to do that because you might end up being confused. Secondly, choose a platform and learn about the platform. See what features it has and try to feel comfortable using that platform. Finally, you should start trading. Start small. You will end up taking a lot of wrong moves. Learn from those. Eventually you will get better!

an understanding of trading itself is important, such as increasing knowledge about trading and also practicing and gaining experience. Trading is not something that can be done haphazardly, it requires analysis and also a good market understanding in order to decide the right time to sell or buy coins. if we can do that well I think it will be a good provision for trading too. it's just how we can face the crytpo market that sometimes goes up and down and learn to be calm in all situations.

The most suitable trading recommendation for beginners is classic trading.  where someone buys at a low price and sells at a high price.  it's simple, but requires analysis to keep trading running normally

If a newbie would follow your advice they might as well lose those funds first and it would be difficult for them to recover it. There are tons of useful information on the internet and especially the ones that these people posted here that has a link is very, very useful if someone is eager to understand how trading works.

Trading is different from gambling and what you are trying to teach to them is more like of a gamble. Which means they have to practice on the actual market where they don't have a proper knowledge and experience about trading. So I think you know what's the problem if someone actually dive in on a whale market.

I don't think there is anything wrong with what he proposes, even the concept is quite easy to understand, knowledge, learning process and output are profit? Where do I find the type of gambling here?
Do you understand gambling and the concept of betting on luck and also easy to lose? Your logic is actually reversed, so in the trading he mentioned and the point is that's what it is.

Well trading is always considered as a sort of gambling, --though it almost has the same concept, not like gambling that you cannot increase the chance of making a profit if you don't have knowledge about this. We know how risky trading and we should know the possible outcome in the future and learn to move on once we lose on it. Perhaps the best way of learning on trading is to keep a practice on a demo method and then after that, try to trade using copy trading on a trusted exchange platform and the last is do your own trading with your own analysis and skills. These will perhaps will help you to boost your skills in trading.

While since this is a cryptocurency forum letd shift the focus to cryptocurency and not the forex market. The forex market is less volatile and more matured than the cryptocurency market although they aren't that different from each other as they all have to do with reading and understanding charts. Trading is just been over hyped as it doesn't do what its been spread about that it does and that which is making people rich.

Trading instead as regrads to popular opinions are actually making people broke instead of rich, it's no joke that majority of the traders end up losing and when you observe the market you'll realized that this is true. Greed don't allow interested users to learn and understand the skills required for trading, they just right into the market without preparation.

Most of the time the majority of the community who got entered here in the forum particularly newbies they mostly lack of knowledge in trading here in cryptocurrency, even they get a little bit idea this newbies felt they are experts. Therefore, in trading we should learn continuously here in crypto space never stop until we get what we are aiming in the cryptocurrency. 

In deed, Trading has become  very popular now, in particular after crypto emerged as fast growing industry. . People have been trading in stocks and forex since years but crypto created new opportunities in it and early birds in crypto made huge profits which attracted new investment as well as youngster are even greatly enthusiastic to adopt crypto trading as their profession. Like many other professions crypto trading  also requires knowledge of crypto, good understanding of technical indicators as well as skills of money/risk  management to be a successful trader.

Trading is over popular and available to everyone but these cannot be the right reasons for you to get into trading because trading is suitable for only very few people who are finding more free time to analyze the market and to monitor the market movements. So, if you are able to remain committed toward dedicating your time and efforts for learning all the requirements of trading then you may decide to get into trading. Still, your level of capital and risk and money management skills alone will decide your profit levels in trading. So, I guess you must take at least one year of time for preparation of trading.

if you can understand trading then first make a trading account then read some market position that when market crush and when stable and also learn about  analyze the market and coins graph if you learn will about market then make some practice of trading in small amount and keep eyes on market position if you

learn these things then start risk free trading and make good profit.

The major challenge ol newbie is greed and that is the problem that will make many lose their money. leverage trading, martingale and some more are fast ways to gather profit but it is suppose to be a risk taken by experienced traders. Newbie that doesn't want to be patient and learn the ways to trade and also the risk involved in the business may keep having the trading challenge. Learning every bit of trade is important to succeed and patience is key, it is a rise and fall adventure until it gets better.

First get adequate knowledge of the trading pair you want to choose and try to start your trading journey with a small capital and with a single pair in other to be able to concentrate accurately.

For you to trade you need to learn how to trade the market whether Cryptocurrency market or other financial markets. In trading we three perspectives which you can trade the market from. They are:
✓ Fundamental perspective
✓ Technical perspective
✓ Sentimental perspective

Fundamental perspective involve using news and other information that are gotten from the market activities to analyze the market. Fundamental perspective is a very important tools in the market that can give much profits if a trader knows how to play their games well.

Technical Perspective involve data gotten from the market charts based on previous market reactions. They include Candle Sticks, Market Structure, Chart patterns, etc. Technical analysis is the most popular tools that are used in the market to predict future price movement of the market.

Sentimental Perspective involves individual perspectives of the market, how the price movements can be used to analyze the market.

You need to learn at least the fundamental and the Technical perspectives to be able to be good in analysing the market. Trading is risky and treat it with caution.

There are no spesific method in trading, we analyze by ourself or maybe ask for signal and then trade with our own way. Or maybe if there are method is copy trade which nowadays there are some websites that allow people to do copy trading so we can copy what other people order right after they execute it, but there are no guarantee if we will always get profit in there.

Copy trading is very much similar to buying signals and as far as I have watched none of my friends were profitable through copy trading functionalities as they need to pay monthly subscriptions along with losing trades.

I have seen many traders who are buying signals, trading with the help of bots for automated trading and copy trading by following pro traders. But at the end of the day, there are a lot of other criteria we need to consider for making consistent profits from trading. Because, just getting signal alone will not decide our profit/losses in trading but timely decisions and how many positions we are taking and how we are making use of trailing stoploss kind of things are more important even you are getting very good signals from any of above resources.

I think he is referring to the methods/styles of trading (scalping, day trading, swing trading, momentum trading, and position trading. So to say, there should be specific trading methods we can reffer.
I'm not an expert trader, and honestly, I lack experience on trading. I don't know if spot trading is one of the best as it is less risky than position trading.

From every effort that will be made... of course it is necessary to explore many things related to these efforts, especially in terms of trading, the more popular it is... it will be more kinds of trading as well as several ways or strategies that can be done. Not only understand, but precision is also very necessary because in this case... we are playing with risk.

Yeah, this is the reason pro traders are always suggesting about practicing with least capital to gain real-time experience so that it can be more precise while trading. I agree trading is a kind of playing with the risks but people who are skilled enough might be finding it more easier than we could assume about it. Anything could not be possible from the day one itself but practicing and keep on learning will make anyone to be a professional trader over the course of time.

Honestly I'm not into active trading in crypto space right now because I am comfortable with my long-term holding which is getting me good profits to support my living rather than looking for anything from active trading of cryptos.

There is a tiny difference of the trader actually trading what they suggest you as well. Signal groups gives you something but they are not required to do that themselves, they may or they may not but that is not a requirement.

In copy trading, you see what someone does and trade accordingly, so if you lose money that means they lose money as well and that is not something anyone would want to do which is why you have an added pressure of both making others money but also making yourself money there as well.

Buying signals is just building a bot that notifies when BB drops under 20 or something like that, indicator and numbers could change but the idea is very simple and it is understandable when they lose money as well, because it is too simple of a calculation for bitcoin price prediction and if you underestimate bitcoin then you will lose a lot.

Forex is the most risky trade, traders often experience emotional and psychology chaos. if your knowledge of Forex trading is still a little better to trade in Cryptocurrencies. I used to trade in forex and learned some indicators and compensation techniques to open the next trade, but because the risk was too big and have lost many times I quit and stick with crypto.

I think the most effective way for us to understand trading in cryptocurrency is the experience in playing it.
Unlike in theory the adaption of learning is much more faster through experience in the actual trade. This is proven and tested
to me for a couple of years to be honest with you mate. Though, facing loses is just a normal thing for the traders whether you are
a newbie or not.

Understand trading means you learn about analysis when you enter the market, place your order buy or sell and many others. Besides that, you should learn how to manage the risk of trading as we never know when the price will spike to the higher price or vice versa. But if you can analyze the market and the movements, maybe you can get information that you can use for yourself and know what you need to do. It needs patience to learn to trade and you can not become a pro trader in just one night. You need to have more experience becoming a pro trader because the crypto market will always change day by day.

Checkout youtube which is the most favorite and dependable avenue where to learn trading of course their are numerous videos ranging from different trading strategies and methods, of which you can settle with of them and start practicing using a demo or a trading stimulator, there are also videos on how to register and start trading in any of preferred exchanges, more so risk and money management trading psychology etc this will definitely going to take some time for you to be able to master it all, all these are necessary towards becoming a profitable trader.

To understand the whole concept, then it really needs longer patience. Everything that you needed to know about this business is learnable when you already performing your trade. It's not easy but if you really wanted to have more information then by experienced,
you'll be able to catch it up and able to perform what is best for your investment.

There's no rushing at all. Best to start from the scratch and able to enhance your knowledge from time to time.

For anyone that wants to be a good trader I think the number one thing is that they should learn to read.Learning to read is important because for you to become a good trader, you have to be reading books that are written by professionals in this sector.

When you start reading books ,and news, and other articles that has to do with trading they are going to help you as time goes on to understand what trading really is all about, and you will see how good you will become, because they are going to widen your knowledge and help you to understand.Another thing I would like to state out is that some people think fundamental analysis is enough, it might be good to an extent but you also need to learn technical analysis. Finally you have to keep practicing.

first, knowledge is the main thing. trading without sufficient knowledge will harm yourself so first deepen our knowledge about trading. besides that experience also influences the learning process where we can learn from our own experiences so that we can be better in the future. make a strategy in trading by understanding the movement of the crypto market. don't give up easily and be provoked by market conditions that go up and down, stay in your stance that whatever happens in the crypto market stay calm and don't do panic sell.

Do you mean trading forex?

Well, I am not a forex trader, but you may read this article:
https://www.forex.com/en/education/education-themes/trading-concepts/how-to-trade-forex/
At least, you know at first about how to start trading forex, because it may be quite different from trading crypto (although it has actually similarities and also differences).

But basically, if you are asking here, you should ask about trading crypto. Because most people here may probably know more about crypto than forex.
Yes, before trading, whatever it is, you should know what to trade.
I always check on Coin market Cap in order to know what crypto and the lists of cryptos have high trading volume.
Then, there will be also some consideration about the fundamentals and also its analysis.

And if it is about trading crypto for beginners, you may check these videos:
https://youtu.be/mQvw5JXXnrQ
https://www.youtube.com/watch?v=tkz90RrnZZA

Yes, that is why not all people succeed in learning to trade because they feel tired to patient. They do not understand the process of learning itself that can not get in a shortly. Well, some people can quickly understand the lesson but not for other people. If you can be patient and not rush to learn every lesson, you will have the information and knowledge to become a pro trader. Every people who want to become a pro trader will face this and that is their way to know the process of learning.

losses will still be there for anyone. but the most priority is how to minimize losses. maybe the best trading technique method can minimize the risk of loss, so in my opinion the most important thing is to find good analytical methods and techniques in the world of trading.

Everything that we need to learn is already available online, you just need to exert an effort to educate yourself.

There are youtube tutorial videos, ebooks and articles that can be a big help to better understand how trading works. You can also try a demo account to practice trading without using real money to become familiar on it. Nevertheless experience is the best teacher so dont be afraid to lose because thats the start of becoming a pro trader.

Number of individuals are increasing day by day in cryptocurrency world. To be successful in trading, understanding of trading is much more important. Awareness of trading is necessary for trading. Without awareness and knowledge, individuals cannot get money in trading. It will result in huge loss. So understanding trading is most important.

If it's all about making sense of charts and strategies I think the most practical way to learn how to trade is using YouTube resources, but it takes time for one to really apply and understand what these guys share on these platforms. If you love to read there are plenty of books accessible online which you could use free of charge or buy a book to expand one's knowledge on this matter.

I believe this is all because people are spending more time online and are trying to find means of making a living off something  and trading happens to be among their solutions.


 

Trading is not for everyone rather its for experts only. Many newbies have tried crypto trading and ended up in loss. You cant just learn trading from YouTube videos and by reading articles. Its a long learning process, you learn from your mistakes.  
AFAIK, acompulsory tool learning for crypto trading is fundamental analysis and technical analysis.  

Are you talking about only forex market because crypto market also must be the same as both are having similar kind of risk levels compared to how they are looking for the beginners. If you're planning to get into crypto trading or any other trading then you must take time to learn all the basics of trading so that you could withstand against the risk levels of trading. People who are getting into trading all of sudden might be losing all their capital in no time.

Yeah, 99% of beginners are loser. Only those people who are not giving up might be getting experience and then start making money out of crypto trading. But, unfortunately most of the bigness are quitting after heavy losses.

For the op or any other person to understand trading, there is need to learn the skill and after learning, try and get a mentor that will mentor you so when you make any mistake in trading, correction can be made and that will not happen again. Trading is just like a career so we don't have e to rush it but to do it steady and slow with forcing it on ourselves.

Well I think everyone knows that before we do trading activities we need to know more first how trading works and how to make profit on it. We need to understand that trading is different from play to earn games or any kinds of crypto gambling that we can see in social media, trading is a kind of work that needs fucos and it needs time don't rush it, make a self study while doing trading for good.

Read? I mean there are so many places to read from and the internet is open to everyone and you still ask a question that is this naive?

True, this can be difficult at times because freely accessible writing can involve a lot of manipulative topics and unverified information. But generally going with the consensus, you can learn a lot from just reading charts and trying to correlate with news.

Crypto is not equal to forex. Maybe crypto does involve exchanging one currency to another but these are also assets and they are not same. Someone who knows forex should stick to forex. Changing the game if often bad for the player.

The first method is to know your investing capacity and how much you're willing to invest. Because whether you have the best strategy in trading but if you don't know how much you can risk, that isn't just right.

Part of the first method that I've said is also DYOR. The new comers that don't do research are investing blindly.

Learn and experience if you want to get into trading, understanding is just one part of it, you need to be empathetic since you're going to think how others might do in the market. Emotions aren't an enemy, contrary to popular belief, you can use emotion to your advantage but don't use it too much though as that's when it becomes a problem or hindrance.

Emotion contribute on how you made your decision since once you feel fear from the market condition happened by the time your holding something provably you will end up dropping what you have and save yourself for huge lose that you think it may occur to you. This is the reason why before you go to trade you must be emotionally prepared on the consequences brought by the market and to be prepared we need to be more educated also be experience on some market scenario so that we can stand or able to hold or do smart move to cut loss then buy at the dip to convert those to possible profit in future.

You can always start with a demo account, especially if it is free and the manager is ready to help you, as with Amarkets, so you can buy it and then go to a real account.

If I was to start all over new, I would start by learning what a trend is, and where to enter a Trend. Classical as: L/H/HL/HH and vice verca. Next would be defining Ranges and how to trade/avoid them. And then, if neccesary, add what ever you feel is missing, besides a solid money management. That goes for BTCUSD (https://de.tradingview.com/symbols/BTCUSD/) as well as everything all

The method I often use in forex is the first to determine support and resistance. Next I use indicators that are easy for me to understand such as RSI and MACD. Although this does not determine a definite profit, but when I open buy and open sell it is easier for me. Often the methods I use provide an advantage.

Its a good start to use demo account but I don’t think any manager will help you because there’s no such thing in crypto exchange and you should not depend to anyone. Understanding trading takes time because you need to consider everything, you have to set up your capital, your goal and your strategy. In trading you should be more responsible, learn the process and don’t think for any easy money here because trading is too risky.

It's not actually about the demo account that he's saying or any manager. He just wants to give that much visibility to that product that he has said.

Mostly in that type of website, they're helping for support concerns not in actual trading.

Apparently, they did not immediately understand what he meant, so this was the answer.

if I personally always look for information about bitcoin, why? because what I know, when the price of bitcoin goes up, surely 85% of other coins must go up and I see from the good side of the coin / token itself. Fundamental analysis of crypto assets requires an in-depth understanding of the information circulating. For example, you might look at the usage model, the number of people using it (volume), or the team behind the project. I always buy top 10 tokens/coins and use top 5 market.

Try to be patient when ever you want to trade in the market. Those that exercise patient in the market, it hard for them to lose profits than to achieve massive profits from their trade. Anytime the price decrease show that there will be many buyers in the market waiting to buy and hold for future purpose. Try to sell when the price of that particular coin increase in the market, that show that there are many sellers in the market waiting to sell their coins to the buyer to earn well in that particular period.

The most important thing a trader needs to understand is that the trader's work process is not very simple. It always requires attention and time.

indeed the main thing in trading we should not think that with trading, we will be easy to get money in a short time. however requires a process that is not easy in my opinion. let alone studying trading psychology, sometimes even though we understand what to do, but we do it like doing a cutloss, therefore we must enjoy the learning process that we live

It is quite difficult to actually get into that mindset in most of the situations. I would hesitate to say that trading is a simply done thing, not the act itself but the idea of becoming a trader is not something that is easily done. This is why I believe that there are so many complications and so many losses in trading by so many people. If we look at it from just the trading itself approach, there is really nothing that too complicated that would make it difficult.

However, if we look at it from the becoming trader part then we realize that it is not really that easy and it becomes a big challenge in the long run and that is why I believe that we should be more careful about becoming a trader and focus on that part instead of just how to trade part, since the first one is a lot harder. Obviously, it could be both done but first is still a lot harder.

Nowadays Crypto trading is Very popular way for money generating, and also many people think that trading is safety and best way for money earning and for this reason they want to Entry on crypto market but not have any knowledge about market and off courses it is bad for them.                   

As for me, before focusing on a certain method, you should first have the proper mindset to do trading so you'll know how to deal with every market situation. Knowing when to sell and when to buy would be an advantage especially if you have set a good target goal. Understanding at least the basics of trading would be a good help.

You want to understand what is trading then its simple buy low and sell high. However predicting the market is the real game which is not going to be 100% for anyone still we can manage to find something based on the technical analysis.

To practice we can use deno account which can be only useful for finding how to make trade order and basic things but we can find the real pressure when we trade with real money.

Trading is not just a prediction with the market movement this consist of different things like technical analysis, market strategy, trading plan, experience, budget and knowledge. Also when making a trade always set a designated time frame when you can focus on one trade you don't need to FOMO, trading always needs to have a risk but having prior knowledge and understanding you can lessen the possible risk and loss of assets.  Always learn from your previous mistakes and the mistakes of others. Always set a limit with your self, not all the time we got a winning trades greed makes us more vulnerable to losses.