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Author Topic: How to learn bitcoin trading?  (Read 1858 times)
Murat
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November 07, 2019, 09:15:25 AM
 #21

   
No need to ask people for the trading purpose, you just search in this bitcointalk platform and you will get huge information regarding your desire, I think Google is the best platform for getting any help towards learning anything, I can give you some advice which could help you for making your decision whether you could take or not, I think this platform is not stable anymore so as a newcomer you might face a huge difficulties when you trade, so I think if you have invested in Bitcoin then Holding could you make comfortable rather than trading, If the price will high then you may sell your Bitcoin, that's one of the easiest ways to make money. so the decision is yours.

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November 07, 2019, 09:26:53 AM
 #22

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.
There are a lot of simple ways on how to trade bitcoin and you just need to search it in google. If you are newbie in this world it is important to know the basic knowledge about it. Maybe try to watch some trading videos on youtube because it will help you a lot. Just like others I also watch videos on youtube and it totally guides me to lessen my losses. In terms of security you should use major crypto exchange and always remember this quote "Do not put all your eggs in one basket" and I make sure you will diversify your investments.

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jakoylantern
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November 07, 2019, 09:28:23 AM
 #23

   
No need to ask people for the trading purpose, you just search in this bitcointalk platform and you will get huge information regarding your desire, I think Google is the best platform for getting any help towards learning anything, I can give you some advice which could help you for making your decision whether you could take or not, I think this platform is not stable anymore so as a newcomer you might face a huge difficulties when you trade, so I think if you have invested in Bitcoin then Holding could you make comfortable rather than trading, If the price will high then you may sell your Bitcoin, that's one of the easiest ways to make money. so the decision is yours.
Yes, I agree with what you said because in just reading many articles in this forum and outsides to this forum, you can have a piece of massive information that you need to learn. Different personality has a different demand so the only thing that I want to advise to newcomers and advice to me, in the beginning, is to spend so money that you can afford to lose because in this kind of industry the cryptocurrencies price is very fluctuating unlike to other investment/ stock market. Smiley
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November 07, 2019, 10:51:23 AM
 #24

there are many ways to learn crypto trading, you can search for information on the site, video tutorials, ebooks, social media, I myself also often search for techniques on the internet for inspiration, and last but not least is learning from experience, when we make a mistake in trading, we will learn to find a solution.
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November 07, 2019, 11:30:15 AM
 #25

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.
First things first you have to understand trading and the risk involved then practice to predict the market either altcoin or any charts. Learn all the process Fundamentals that wil help you support what you will see in the chart or Technical analysis.
All you need to learn practice and most importantly to have a discipline and control in your emotions
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November 07, 2019, 11:34:56 AM
 #26

I suggest that you take the basic training on trading first, buying an e-book or watching videos on YouTube can be a good reference
then if you already have the knowledge, what you need next is to train your mentality
because trading on Bitcoin will be very much different from trading on commodities or forex
Bitcoin price changes that are very fast will make you surprised.



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November 07, 2019, 11:47:13 AM
Last edit: November 07, 2019, 12:17:05 PM by Cherylstar86
 #27

   
No need to ask people for the trading purpose, you just search in this bitcointalk platform and you will get huge information regarding your desire, I think Google is the best platform for getting any help towards learning anything, I can give you some advice which could help you for making your decision whether you could take or not, I think this platform is not stable anymore so as a newcomer you might face a huge difficulties when you trade, so I think if you have invested in Bitcoin then Holding could you make comfortable rather than trading, If the price will high then you may sell your Bitcoin, that's one of the easiest ways to make money. so the decision is yours.

If you have a close friend of yours much better ask those basic informations about trading process in which I think actual demonstration is easy to understand rather that reading and watching videos. Well, I respect your opinion but for me teaching them while have a demo, they can ask easily many frequent questions as they can and I think its the best way.
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November 08, 2019, 02:45:48 AM
 #28

Personally, I learn it from experience, I would say that I lost a decent money in the beginning but it's all good. I mean the experience you will get is priceless.

Anyways, I searched a few threads here in the community, maybe it can help you out.

How to learn day trading?
Where can I learn trading ?
Where to study trading and technical analysis?
Want to learn basic trading ?
How did you start trading?
Education for Cryptocurrency trading?

Good luck to you and see you on the trading floor,  Smiley

Well this is very steady to learn by beginners who want to learn about Crypto trading. Because Crypto trading should really understand the basic trades so as not to happen the risks that make us lose.

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November 08, 2019, 03:42:57 AM
 #29

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.
 watch some tutorials in YouTube for sure you can gain knowledge and information wherein how it really works. And also look for some sort of exchange that offers free trial and demo account so that you can practice your skills while watching tutorials that's the basic moves mate..  I suggest also to put more efforts if you really interested on it because it's useless if you just relying on others without doing anything. bear it on your mind.  Regards
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November 08, 2019, 06:13:06 AM
 #30

I personally started self-taught bitcoin trading. because nobody helped me learn to trade. so first I learned about reading charts, making patterns, looking at RSI, after that I drew patterns of price patterns. and others are looking for information / news about bitcoin. then start trading with small funds (trade according to what you can afford to lose), take only 2-3% profit. do it over and over again, until you are familiar with the bitcoin price movement.
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November 08, 2019, 06:56:32 AM
 #31

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 a lot ot of source that you can use to learn about trading. This forum, youtube, or maybe you can google it how to trading, how to make analysis, how to read chart. I think a lot of information already can be searched in google.

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November 08, 2019, 09:47:41 AM
 #32

Bitcoin and crypto trading is so large that one cant lecture you on it fully in just one sitting,  it involves alot of teaching,  dedication, commitment and discipline to excel as a bitcoin trader. You get prefect with it as you learn overtime.  But first and foremost search for some pdf file on crypto trading so as to get the basics.  Then head over to YouTube to watch videos that can help your trading activities and also try to be updated on crypto market news, they define trading also

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November 08, 2019, 10:20:27 AM
 #33

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.
First, you can start by learning from this forum as a basic because we have so many people that have asked such questions about trading for a beginner and I have seen several articles that is being posted to cover these, although 60 percent of those articles where still picked from Google.

Hence, it is either you get the information that you need form here, or you Google it directly and download some pdf files for the thing you need which Google is too wide not to have series of that doc in it, after you have read the docs to a level where you know the basics of trading, then you can proceed to using YouTube to watching live the explanations for those things you have read, so you have to also download lots of video from YouTube also to get practiced to it before entering the real market.

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NathanJB
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November 08, 2019, 10:58:41 AM
 #34

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 want to trade in crypto, you should try to learn charting first. Learn to use different tools to analyze charts. This is not easy of course. But you are not required to learn to use all the tools. You may use one or two to start with. Aside from this, you should also learn to research about the different coins' fundamentals. And then you go to your chosen exchange platform. Make sure that your exchange platform has a high volume for their trading pairs for liquidity. Explore and try demo trading accounts first before depositing minimum amount of BTC or ETH first for trials purposes. 
jhonjhon
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November 08, 2019, 12:03:10 PM
 #35

There’s a lot of ways to learn bitcoin trading, you can read articles online you just have to search it, and there are also tutorials in youtube that you can watch if you find reading boring. In my case, what I did was I read articles on the web on how to do trading and also I watched multiple videos in youtube to help me understand how it is done and they will also share their strategies that you can try yourself and if you want to practice you can do it on a demo account.
zeze18
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November 08, 2019, 12:11:39 PM
 #36

Just like people said, experience is the best teacher. You have to try the market by yourself but you also need some basic trading strategy that you can learn from many trading knowledge websites such as tradingview. After that you can try to trade a little bit from your assets just for test your talent in trading. After you know the rythm of the market you can determined how much money that you want to trade in a day
bitcoin31
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November 08, 2019, 12:21:28 PM
 #37

Learning trading is just like you learning on how to earn money from it. Many trader when they started in trading they are reading to this forum because all the important details about trading such as tips and strategy or idea is already here and I think this forum is enough for you to lear but if you need other resources just wait for the otherd to give you that..
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November 08, 2019, 12:42:24 PM
 #38

Very simple read some articles or go to YT and follow those who share knowledge and information about doing trading and etc . Because when i was lacks of info like you my first option are those what i have mentioned above before asking something important here in forum. And you know its very helpful indeed . Very basic because after weeks i can manage everything just to make few dollars. So try it bro wherein educate your self first using your own search before asking anything here .. In fact it didn't make sense if you ask something here and you don't have specific information about trading. 
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November 08, 2019, 12:52:20 PM
 #39

When I was a newbie and just starting my journey as a trader youtube videos are a big help for me to understand the basics about trading.

Well there are many tutorial, tips and strategy you can get on the web just do a research. Even here in the forum there are many informative posts that can help you to understand how to trade accordingly.

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November 08, 2019, 01:59:06 PM
 #40

You are in trading discussion so you will find a lot here.
Now for tips, I suggest picking the pair you want to trade it with. Are you going to trade it with USDT? Because there wont be much problem there since the price of it doesn't move at all. It will just be bitcoin which will be your problem when to buy and sell.

You gotta check how you will profit.
Do not calculate it USDT but with how much bitcoin you are making.
That means you will have to remember or make a spreadsheet at how much you traded just so not to forget it.
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