Learning Crypto trading as a beginner

[9jaflick]

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and  selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If  you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

[Boov]

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and  selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If  you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

 It is right to understand what are the fundamentals of crypto  and how does the price goes up and down . A beginner should know the rule in investment, the higher the risk the higher the return , but Im not necessarily says that take always the risk , there are many ways to reduce this risk  , First is to be educated second is always ask for help . As a beginner you should always be concerned on your surroundings, learn from the old investor. The last thing I can advice is to use the money that  you doesnt need, remember that investment makes you feel better not worst.

[fishball]

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and  selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If  you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

The best thing to do by a beginner is to first improve his/her knowledge about bitcoin. Read an article, watch videos and ask for those who are highly educated on bitcoin to lessen the risk of getting frustrated about bitcoin.

[SUDARMONO]

It's true that trading crypto is easier than forex stocks, bitcoin can be done anytime without holiday time like forex that follows the working day, and bitcoin can be done with small capital without fear of losing spare money like margin forex.

[MintDice]

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and  selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If  you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

For the individuals that still have too much anxiety starting out with even a 'small amount' of money in the market, there are demo accounts that you can make on trading simulators such as: https://cryptospaniards.com/simulator/  --These allow you to use 'fake' funds while you gain confidence applying different trading strategies.

[bill gator]

A lot of what I have learned about Crypto trading mostly makes me believe that it is primarily a gamble, even if you are doing well in this instance. Even if you are good at calling the markets, all it takes is a few bad trades at the wrong time and your capital/coin is severely diminished. I've had highs and I've had lows attempting to trade coin for a profit, catch the reversals, ride the trends and even follow tipsters that were "reputable". All I've come to realize is that it seems like simple HODLing yields tremendous results if you are simple looking for an increase of value. These highs and lows may not play into your favor, but HODLing for a couple of years always has. My suggestion, if you are planning to start trading crypto for a profit is to do some research and practice on dummy accounts or with fake money. There is nobody that knows enough to know what is going to happen next definitively.

[pitiflin]

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

Who said that people learn trading through a hard way? Trading is hard,make no mistake,but learning how to trade is comparatively easy. The protocol here is that people might not always profit(be it for any type of investment).

But the truth is that Crypto trading is very easy compared to forex/stock-market.
You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

Lies. Stock trading is almost just the same as crypto,but with forced regulation and with the involvement of brokers. Don't confuse/mislead people. As it is,they are already way too dumb.

Any trader,should have his own rules/policies and strategies. Its up to that very trader, that me makes the wise decision even in unfortunate circumstances. The trader must know his shit.

[cryptotezi]

I am agreed with you. If one has honest interest and eagerness to learn, he or she can learn crypto within a short time.
Even if it takes time to understand, patience is the best policy. As a newbie, I also face challenges and sometime loose my temper, but after a few period, I understand that I am doing this for mine.

[franky1]

lesson 1. never buy high sell low. (never sell at a loss, ever)

lesson 2 dont ever throw your whole funds on one order.
say you have $10k. split it into 10x $1000 baskets and then buy coin when you see a low using one of them baskets. if the price goes up great your in profit. if the price goes down, dont worry about it leave it as is and know you still have 9x $1000 to take 9 more chances to make orders

lesson 3. dont hold long term hoping for 50%+
instead aim to buy at price X. and sell at X+1% at the moment the price has not risen by 50% in 4 months. but with the daily changes.of 5%-10% there are MANY more chances per day to make 1%.. and all them 1%'s add up.
EG if you can do 20 trades of 1% using all your 10xbaskets twice over)(=2% a day) you can get 60%($6000+ profit) in one month..

yep without risking much and taking little profits often and repeating it often gets you more profit faster

[coinlawyer]

lesson 1. never buy high sell low. (never sell at a loss, ever)

lesson 2 dont ever throw your whole funds on one order.
say you have $10k. split it into 10x $1000 baskets and then buy coin when you see a low using one of them baskets. if the price goes up great your in profit. if the price goes down, dont worry about it leave it as is and know you still have 9x $1000 to take 9 more chances to make orders

lesson 3. dont hold long term hoping for 50%+
instead aim to buy at price X. and sell at X+1% at the moment the price has not risen by 50% in 4 months. but with the daily changes.of 5%-10% there are MANY more chances per day to make 1%.. and all them 1%'s add up.
EG if you can do 20 trades of 1% using all your 10xbaskets twice over)(=2% a day) you can get 60%($6000+ profit) in one month..

yep without risking much and taking little profits often and repeating it often gets you more profit faster

Gold words from the experienced member. I`ll only add not to relay  on the different bots  that usually are only advertizes wtih theaim of make You fool soon. If You want to trade on the exchange with bots, You have to  make the code for such tyrading bot yoursef.

[ManaMan]

I can agree that experience is not needed. Nor you have to be the high expert in the field as sometimes graphs are not so complex. I find it more promising to hang around the community and thus blend in and see how others are trading and trying to see their behavior to be able to pull off  good trades. As a new trader best is to play with little money so you can taste how it feels and looks like, emotions are killer and understanding pumps and dumps can be crucial.

[supelle.born]

The crypto market is not simple and it takes time and effort to succeed. Since I am a long-term investor, I try not to be impressed by the short-term turbulence

[richminded]

It's true that trading crypto is easier than forex stocks, bitcoin can be done anytime without holiday time like forex that follows the working day, and bitcoin can be done with small capital without fear of losing spare money like margin forex.

Forex trading is quiet complicated for me and I think it’s more riskier than trading with cryptocurrency. Learning to trade with cryptocurrency is not easy to be done but if you make a lot of effort for sure it will be worth it and more profitable. Don’t be scared to learn new things especially with cryptocurrency because this is our future and we should be ready for it.

[fatirborju]

Yes, I strongly agree with your perspective that as a beginner it is better to learn alone about crypto trading through the market with a small amount of money, because from there you will understand about the world of crypto by knowing the international market price so that without you being helped by anyone you can know all about crypto world but as a beginner learn self crypto you must be sure and patient, i guess that's key ...

[odb1]

I have just learned forex trading but not much successful in it. I am planing to follow any crypto trader who can teach me as i found crypto is safer then forex trading because with low balance your account can be wash but in crypto there is nothing to worry about account wash. So i am trying to learn crypto with any good crypto trader.

[ivrynx]

It is true that in crypto, is is much easier to invest and trade rather than in forex or stock market, but make sure that you know what you are doing, the same principle still goes, since it is investing, always know when to exit, and to compare crypto from forex/stocks, you do not need anyone to tell you what to do and you don't need to think of paying someone like a broker, you're on your own, just be updated on what is hapoening and read first the company or project before you buy their coins, since there are a lot of projects out there judt hyping that theirs is the best but the charts are not showing any progress.

[jlong187]

It is always more beneficial to learn through your own experience, but as you said, it is harder and longer than anything else.

[Herbert2020]

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

i disagree. trading is not different in that sense. the markets are different. so you need to learn more about the market instead and learn trading in general. you learn what affects cryptocurrencies and what affects currencies and stocks in Forex and Stocks market. then you learn how to trade and the general points about that.

as for the "help" you will learn it a lot better and easier if you have a help but the problem is finding that "help". some random guy on the internet that is promising to help or giving you points or "signals" is not the "help" you want.

[jrrsparkles]

It is always more beneficial to learn through your own experience, but as you said, it is harder and longer than anything else.

Yes,practice makes a man perfect but as a beginner he need to learn trading by investing very little amount on the trial basis.And also we need learn own strategy to be a successful trader and need to be clear that long or short term trading.

[CryptoAssasin]

I agree with your statement. For me, forex is more complicated than trading an altcoin. I started my trades in etherdelta and no one teaches me in person how to do trades. I just watch a video on youtube and after navigating the tools, I realized that it was super easy! All you have to do is apply a simple math when trading. When you started your first trade, it will be applicable to other trading platform. A simple click on color red and green with the math.