How to learn bitcoin trading?

[bohr]

One tip that will rule them all is
Explore this forum as much as possible

This will not only clear all your doubts will also provide you additional information on various things.
You will be encouraged to discuss on various topics which will improve your overall knowledge about crypto and blockchain.

This forum is full of useful advice about how to trade the markets the only issue is that the information is not condensed like it would be in a book, so you will need to read a lot before you find the information that you want to obtain, so it is better to complement the forum with a good book or if you do not like to learn from books you could learn from YouTube tutorials which make a good job teaching you the basics about how to become a professional trader.

Learning something can be compared to driving. No matter how many books you read or videos you watch, you will never truly learn until you personally experience it. Same goes with trading that actual experience would definitely support in starting into trading.

You are not incorrect in your statement but learning only by experience does not make sense either, and this is especially true in trading where a few mistakes are enough to lose all your capital, so it is important to learn as much as you can before making a single trade and then when you are finally ready the only things you will have to learn are those things that are not possible to learn except by experience, it will take time but if you persist you will become a good trader

[btc-facebook]

I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.

If you are going to start crypto trading as your career then learn technical analysis which available at cost paid course or you can also get the same tips from other traders on social media platform like youtube with real time example.But don't trust them all there are some scammers or noobs trying to make some money by saying this as tips to be a good trader.

it would be better if for beginners to avoid youtube, because it is difficult for beginners to distinguish whether a YouTuber is a trader or not,
it will be easier to learn paid online classes or study in the real world. because for online classes or direct learning in the real world can directly survey before following it.

[conex]

Would advise you to grasp crypto basics by yourself. There are many sites which offer education such as Crypto School, Newscrypto.io etc.. Use trading simulators in the beginning and get common knowledge and feeling. And it really comes down to do you want to hold btc or trade it?

[Karmakid]

I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.

If you are going to start crypto trading as your career then learn technical analysis which available at cost paid course or you can also get the same tips from other traders on social media platform like youtube with real time example.But don't trust them all there are some scammers or noobs trying to make some money by saying this as tips to be a good trader.

it would be better if for beginners to avoid youtube, because it is difficult for beginners to distinguish whether a YouTuber is a trader or not,
it will be easier to learn paid online classes or study in the real world. because for online classes or direct learning in the real world can directly survey before following it.

You can easily identify if the youtuber is a real trader or not if he can explain the lesson or topic very well. Newbies or beginners should focus in learning how to trade through the youtube platform because it is free and very accessible so they will have no hard time in learning and finding useful videos that might help them to start trading on their own.

[educart]

I’m probably one of those newcomers who consider investing as a way of saving. Of course, I understand that in crypto trading there are a lot of risks and I can lose all the money invested, but hell, I will do it because in my country the dollar is not the main currency, and if I can earn already $ 50 more than I invested , it will be a great gain.

[Waterfull446]

No one will consider you a failure if your investment is small. I would be more worried about those guys who are running to sell a house to invest all their money in bitcoin. My advice, try using trading recommendations on the taklimakan platform. They are created by experienced traders, and we, as beginners, can study their approach to investing. Cryptocurrencies, on the contrary, can be the right way to save money from political or economic problems.

[superman2019]

No one will consider you a failure if your investment is small. I would be more worried about those guys who are running to sell a house to invest all their money in bitcoin. My advice, try using trading recommendations on the taklimakan platform. They are created by experienced traders, and we, as beginners, can study their approach to investing. Cryptocurrencies, on the contrary, can be the right way to save money from political or economic problems.

I went and bought crypto only because banks do not offer favorable conditions at all. Local currencies remain in the shade and may collapse, while dollar deposits are too high. That is why banks have a period of crisis, although outwardly everything may look good. Credit systems cannot work when there is no public confidence in banks. Cryptocurrencies are also full of fraud, but here you act at your own risk and I put the amount that will not bring me any harm if they are lost.

[Aaroenz0r]

I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.

I know that good trading always brings unexpected big profits to everyone. even make us rich faster than the owners who are always waiting for luck. but the newcomers are greedy and want to make a lot of money, when the psychology is unstable and unplanned trading will burn his account. So the first lesson for you is "let's trade but not gamble".
This means you should be alert when trading and always follow the rules when trading. Don't be greedy and command the things you don't understand. Besides, it should also dismiss the expectation. These factors will help a person become a good trader.

[bitzizzix]

If you are a beginner, you must have basic knowledge first and try to start with small capital as a trial strategy and do it right at the right time and to find a strategy that suits you, and over time you will understand and get lessons about trading because You experience it firsthand which will be your lesson to become a good and correct trader for its continuation.
and you also have to learn about the very fluctuating nature of bitcoin where prices can change significantly, and it seems to be less effective to start just by reading or looking at tutorials on You Tube or others if you don't directly experience how to adapt in bitcoin trading.

[tungaqhd]

I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.

I think practice is very important beside reading/ watching. You can learn from many tutorial on the Internet but you should start trading with small amount daily so you will get many important skills that you can not learn from otherwhere.

[julius caesar]

I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.

I think practice is very important beside reading/ watching. You can learn from many tutorial on the Internet but you should start trading with small amount daily so you will get many important skills that you can not learn from otherwhere.

It just like try and try until you get succeed. I have been praticing doing trading since 2018 but im still consider my self as a beginner trader and I always follow some TA here. Watching tutorial video on youtube is a good way to have basic knowledge about trading but after you watch why not try to implement it just like use some trading exchange that has practice trading features so you can do practicing without any lose of money.

[White Christmas]

I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.

Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.

Since you are a newbie on the world of crypto and you do not know yet what are the fields of cryptocurrency in which you can earn. You are asking about bitcoin trading and you want to learn bitcoin trading, trading is one of the very hard field in crypto to earn. Trading takes a lot of time, focus and knowledge in order for you to learn and be good on trading. I merely suggest to watch some trading tutorials on youtube because you can learn a lot of it when you watch and try it, you can also try to find some department that are offering to study on trading but I think it is quite expensive if you study on some departments on how to trade. I repeat, trading is hard and you really need extra effort to know how to trade  and you really need a lot of time to learn this.

[akmal1984]

It just like try and try until you get succeed. I have been praticing doing trading since 2018 but im still consider my self as a beginner trader and I always follow some TA here. Watching tutorial video on youtube is a good way to have basic knowledge about trading but after you watch why not try to implement it just like use some trading exchange that has practice trading features so you can do practicing without any lose of money.

Wouldn't it be difficult to learn from YouTube videos? I mean like this, the price of bitcoin doesn't move the same as fiat money trading. So you can say the method for trading is clearly different. I'm not sure if watching videos will make me faster in mastering bitcoin trading. oh yes, do you also follow the news? like subscribing to a newsletter for example about the latest crypto news ??

[yanto@1977]

I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.

[DevilSlayer]

There are too many informations about trading in the internet and some of them are contradicting. When I was a beginner, finding a reliable information is the problem because there are many fake gurus that keep giving fake advices to other people. This forum can help you to learn bitcoin trading and there are also books that you can buy in order for you to get some tips and strategies.

[Lorence.xD]

I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.

When you are just the first time in the world of trading, there are a lot of tips, but here is the most common and necessary. First, you must learn how to trade using your sources to gain knowledge about what is happening in trading. Next is to prepare a little amount of money to buy. just for trial and experience, then gather information about the coins you want to trade all about the stocks and graph it is essential. In trading, it takes a lot of time when the market is good or bad to purchase; still, it depends on your technique you will discover soon. If you already fail in your plan, try and better to stick on your plan, but if it does not give you any profit, it's better to change and ask advice to those people are already experience trading.

[juperos]

There is a lot of information to learn since you are beginning, and i can't share all the links here. I was just like you before i started out trading.
The best resource i would recommend is Youtube.

Search for tutorials about crypto trading for beginners and then check them out. From those Videos or tutorial, you will get to learn the basic tools you may need to use for trading, best exchanges to use, the basic rules in crypto trading, risk management, Technical Analysis etc

As time goes on, you can also start practicing with small amounts of cash to have a fee of real time trading.

I totally agree with your opinions, the internet is a free resource that can help you a lot in the world of cryptocurrencies. Especially among them is Youtube, there are many videos that guide you on trading, technical analysis, how to make a profit ...
myself before really like you, did everything I could find through YouTube and then practiced to gain experience by spending small sums of money that I could lose to learn.

[Mumbeeptind1963]

I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.

I agree with this, people always look to the profit that they are getting, not to those learnings that they could get in trading. There are so many ways to learn, there are some videos in youtube that can help you to understand what bitcoin is and how to earn bitcoins, there are also books that you might want to read, also I have seen some short term classes that teaches how to trade bitcoin from scratch to mastery level, but the thing is you will learn more of it when you start to trade, when you experienced everything , whether you lose some money and gain some money it all brings experience to everyone.

[yulionoo]

I think you already know the answer but let me complete with this, try demo account to test your strategy on real market. Most people will focus on " bitcoin " not with trading, meaning they only see the product not how the market works. Try it to know the field, need time but someday you'll know trading is not easy.

I agree with this, people always look to the profit that they are getting, not to those learnings that they could get in trading. There are so many ways to learn, there are some videos in youtube that can help you to understand what bitcoin is and how to earn bitcoins, there are also books that you might want to read, also I have seen some short term classes that teaches how to trade bitcoin from scratch to mastery level, but the thing is you will learn more of it when you start to trade, when you experienced everything , whether you lose some money and gain some money it all brings experience to everyone.

indeed most people only seek profit, but for me learning or experience must be owned by someone when trading. yes, through internet media like youtube someone can use to get information or knowledge about the basics of trading. one can also learn trade independently by looking at existing trading platforms. so that the experience of yourself will further develop. You can also try from other people's experiences when you feel that someone already has good knowledge in trading. with all that, you will increasingly have a lot of experience. and I think experience will make someone successful in trading.

[nicolas1979]

You can learn with any you like, but I have advice for you. Leave trading use bitcoin because market in deep disaster. Try another financial instrument such as gold, currency or index not to scare you but for your safety. You can try use bitcoin next year because new year meaning new life.