Learning Crypto trading as a beginner

[jgaspar]

Try to look on the Livestream trading on Youtube channels for me it was really highly insightful and useful, because you can see the principles and advices in real action, while people are trading real time.

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[canadinhano]

You should be up on youtube learning, where there are many people who share the truth and detail. You will quickly learn the best.

[TheUltraElite]

Try to look on the Livestream trading on Youtube channels for me it was really highly insightful and useful, because you can see the principles and advices in real action, while people are trading real time.

Stop going to youtube dude, its filled with shitcoin shills promoting their own coins. If you resistant enough to that and extract the good skills then its good. Otherwise for beginners in crypto, its easy to brainwash them into investing into some shitcoin which is why I dissuade people from watching youtube specially in crypto.

prepare our skill is very important to us.without any skill in trading ,maybe it will be same think put our money into garbage.just spend to useless think,just buy coin that we dont know we buy it.

Its better if you talk about the skills in trading rather than scorning people about it. Dont you think?

[jojowar]

Absolutely correct. Experience is the best teacher and this forum gives a lot of idea on crypto trading for a beginner.

[Sowik]

Learning how to trade is not that hard with the internet. A good place to start is baby pips. There are also a lot of books online.

[sulendra12]

Try to look on the Livestream trading on Youtube channels for me it was really highly insightful and useful, because you can see the principles and advices in real action, while people are trading real time.

Most of the live streams on Youtube just a bunch of people promotes shitton of coins so they could sell their bags after they lure you to buy. I don't know why you said "useful" but in reality it just 50:50 chance where you can't always win.

[Faxmate]

It is better that you make your own personal research in this particular field
because you are the one responsible to nurture yourself in all information or knowledge regarding the cryptocurrency.

In crypto currency your knowledge and your information is the only way which can give you better profit because if you will rely on other to choose a way of making money for you then it will surely a bad idea so it is good to increase your knowledge right on time because the more you will be late the more your profit will get shorter, so be confident and try to improve your learning skills so that higher knowledge will give you better profit at the end.

[Cling18]

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.

Having an eagerness and willingness to learn all the basics and diferrent strategies of trading would be an effective thing for us to learn. It is important that we'll search for an effective tool to learn. Reading topics about trading here would be an effective way to learn more. You could also try watching videos in youtube about cryptocurrency.

[Guideare]

On youtube there are quite a lot of guides to trading. So you should find a reputable person to learn, so you will learn more easily.

Yes that is right that you can take a lot of information from internet but still you need to have good experience in trading and one can only get experience if he will spend a lot of time in trading. I think that trading skills are also too much important for becoming successful in trading.

[Topcarey]

Trading crypto is very risky, because when you do trading, you need patience and time. Trading is not a joke, because you are using your money, hard earned money. So it is really required or MUST to learn first the basics of trading.

Yes that is right, i also think that it is not so easy to do crypto trading. In fact crypto trading need a lot of study and and analysis. You need to study the market regularly and only then you can take a right decision in a right time. Otherwise there are more chances to lose a lot of money in crypto trading.

For beginners it is not easy to trade in bitcoin otherwise they will lose their investment. New investors should spend some time with a cryptocurrency trader expert to learn everything about good and affective trading and also observe the market by themselves regularly which will enable them to take right decisions on the right time then they can trade.

[rickadone]

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

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

The best tip I'd say,
Experience is the best teacher.
Don't be afraid to lose,
You'll grow in no time!

Experience is the best teacher only if you have learned first. If you want to bank on experience first and skipping the learning path, then you are really going to understand that experience you are looking for will make you screw yourself over. You get experience by practicing what you have learned, which means without learning, do not think you can just jump into an en exchange and start doing your thing thinking experience will help you all the way.

After experience, we must develop the habit of reciting our past incidents so that, we may make use of our experience. Not repeating the same mistake must be a very good practice which is possible only through above processes.

[GemmaYoung757]

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.

So besides Bitcoin, I will play some Altcoin at face value and make many transactions with small denominations, can we have more experience?
Thanks!

[MMnoob]

yes it is true if you want to be a successful person to avoid spam and do not make trouble, a successful trader is a patient and diligent trader.

[coinplus]

An actual experience in trading is a good start for us to learn about the simple fundamentals and basics of trading. Aside from having the courage of learning about trading, we must also try it for it will be a helpful tool for us to do better in this field.

The way a lot of you talk about experience makes me wonder if you actually indeed started trading with just experience and learned from it which I can totally disagree with you it is not possible. You cannot become a Doctor or a Lawyer with experience as you have to learn first. It is after learning and as you start practicing all that you have learned gradually that experience then comes to play and you keep getting better and getting professional at what you do.

Learning in trading must be an infinite process hence we cannot definite what to learn and how long that process may go on. We need to trade and learn simultaneously so that we could improve our trading performances. These things may sound like the need of professional traders but unfortunately these are the things should be followed from the beginning days of gambling.

Only those traders who are all focusing on continuous learning while trading, find chances to achieve in their trading career. Other may find some profits but definitely not up to the levels of professional's. 

[TheUltraElite]

Having an eagerness and willingness to learn all the basics and diferrent strategies of trading would be an effective thing for us to learn.

Basics are important no doubt and for that you dont need to follow the market at first. You need to learn the basics of trading on the stock market and then extrapolate the concepts in crypto and see how they work out. Trade with imaginary capital on paper and watch your portfolio to evaluate yourself.

It is important that we'll search for an effective tool to learn.

Nobody is going to give you a tool to learn dude, you have to work on your own.

Reading topics about trading here would be an effective way to learn more. You could also try watching videos in youtube about cryptocurrency.

Try to stay away from youtube videos because they are only shilling shitcoins for their own gains. Same with reddit - its the breeding ground for shills and FUDstars.

[wuvdoll]

I don't believe in investing in only one coin. Diversification is key to spread risk and maximize profit.
Crypto baskets are something worth considering.

That is actually one part of trading and not all part of trading and those are just even some principles one should pay attention to anyway when it comes to trading. To learn, you just need to get in tune with how to do series of analysis as much as you can study and then practice them bit by bit to see which strategy is going to suit you better with experience. The thing though is that if you are ready to learn and dedicated to it, you will indeed get better over time without rushing anything.

But while trading we cannot focus on multiple coins, that is the reason most investors do go only one or two coins. But while investing we may follow multiple coins effectively as per how I do manage more than 25 altcoins along with bitcoins.

[husnanparebok]

Stop going to youtube dude, its filled with shitcoin shills promoting their own coins. If you resistant enough to that and extract the good skills then its good.

Try to stay away from youtube videos because they are only shilling shitcoins for their own gains. Same with reddit - its the breeding ground for shills and FUDstars.

Yes, this is true advice!
My Friend lost $1020 on Bitconnect.
He interested to. Invest in Bitconnect after watching YouTube...
.
Before he lost his money, he asked me to Join Bitconnect

I almost lend my Bitcoin on Bitconnect But, I can seve my BTC after watched and read different review about Bitconnect, I found that some of reviewer think. That Bitconnect was potentially scam.

then I decided to not invest my BTC on Shit Bitconnect Scam.
.
Be careful at YouTube trading tutorial.

You can watch recommendations YouTube channel by trading Master Like :

Here are a couple of links to trading tutorials I find very useful:

1. Crypto Cred: Youtube channel Great in-depth analysis of his trading system and how to properly use a couple of his favorite trading tools.

2. InnerCircleTrader: Youtube channel Tutorials for Forex trading, but very much applicable to Crypto trading. If nothing else, it's worth taking a look at this guy's unique style of trading.

3. Bitcoin Trading Challenge: Youtube channel Some unique tutorials and trading strategies.

Please Correct me if that Channel is not worth

[nhattori27]

In my opinion, the best way to learn trading is to do real trading with a small amount of money, as the time passes you would learn trading. It would be helpful for you, if you watch a few youtube videos.

[Phantomberry]

I agree with that learning crypto trading is not just easy. I learned cryptotrading by learning a mistake first but i develop myself not to do again because learning mistake will make you to be success in the end.

[BitcoinHunt3r]

I agree with that learning crypto trading is not just easy. I learned cryptotrading by learning a mistake first but i develop myself not to do again because learning mistake will make you to be success in the end.

true, mistake can't make us stop to keep learning. and it can give us more experience and we will know how to avoid that. especially for beginner, there is still a long road to be professional trader