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Author Topic: How to learn bitcoin trading?  (Read 1857 times)
Edraket31
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November 10, 2019, 05:18:08 AM
 #61


Knowledge and experience are the two most powerful tools in the realm of trading. If a trader holds good understanding of his asset and profession, his chances of succeeding in his filed increases. The internet is full of such articles. Bitcoin is the right choice for making significant amounts of profit from trading because of high volatility. Before taking any step, predictions of experts should be taken into notice too.

Those who are willing to learn and have the ability to have some patience and loving what they are doing are the ones who are becoming successful one, those impatient always not succeeding. There is no instant in trading, it will take few months or even a  year for you to become familiar and expert in trading, as it needs a lot of experience before you will see and analyze how the market flows.

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November 10, 2019, 08:27:50 AM
 #62

The best way to learn bitcoin trading is by simply asking questions to a professional trader or people you may know who have been doing trading for a long time because you can get great tips and advices from them. But for me i learned bitcoin trading by just watching tutorial videos which it helps me a lot because it makes me realized that trading with bitcoin is actually difficult and fun at the same time.
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November 10, 2019, 12:29:32 PM
 #63

It's better to invest first in the next few months while learning and how to trade properly and make a profit. If you want to maximize your investment by trading, I think you should learn first, and YouTube to learn more easily because there are many its benefits.
Yes, learning while doing the actual trading might just harm you in a sense that you'll lose more. It is like getting a degree first before having the job. The internet has the most aids to learn trading, you can visit youtube, google and forums to learn quickly.

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November 10, 2019, 01:55:34 PM
 #64

Reduce fees, you join pools. That is how you will spend a little with transaction fees instead of using dynamic modes.
For trading though, that is a different story.
It can always go the other way. The path is not that much easy for it.
Risk is there and it is much higher than just keeping bitcoin in a wallet. Somehow, they make more profits than traders do in a bad day.
Even with all different analysis that you will read, technical or whatever analysis they call it, the trade may go wrong for a lot of times.
You better make your own monitoring with the preferred currency that you will be using.

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November 10, 2019, 02:20:09 PM
 #65

If you're really eager to learn about crypto trading, you're on the right track. There are lots of trading tutorials here and you can even ask specific questions. Actual trading without knowledge is a big risk so you have to do your own research through online resources. There are also exchanges like Binance that offers free trading tutorials. Learn to handle your emotions because trading is like a roller coaster ride. You have to deal with every situation.
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November 10, 2019, 03:00:02 PM
 #66

You could find everything you need to know about how to start trading in the forum.
Just like those mentioned above. Piece of advice, you don't have to start with bitcoin, you could start with a cheaper one first such as alts.
You need to fully grasp the idea of trading. Reading articles or videos on youtube might help. Then practice it yourself.
Put this in mind, only invest what you can afford to lose.

Right, you can visit trading discussion section, you can learn something there and also you can search for articles online and videos there are quite a number of helpful videos that you can watch and it is not that hard to understand. It is very important that you know all the things needed in trading for you to succeed and don’t just jump right into it without enough knowledge because it will only stress you out.
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November 12, 2019, 09:45:06 PM
Last edit: November 12, 2019, 10:22:23 PM by Wend
 #67

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.

I'm just found out also and why some traders are using youtube about how to start in trading.
Ill think because of this need more viewers and subscribers, We all know if we are have on that we can get more money in you tube.
But if the tutorial are worth maybe it depends on us if we want to subscribe or not.

I'm just suggest must pick those most basic trading tutorial and then back in a market and try to trade if this works or not.

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November 13, 2019, 01:35:31 AM
 #68

If you're really eager to learn about crypto trading, you're on the right track. There are lots of trading tutorials here and you can even ask specific questions. Actual trading without knowledge is a big risk so you have to do your own research through online resources. There are also exchanges like Binance that offers free trading tutorials. Learn to handle your emotions because trading is like a roller coaster ride. You have to deal with every situation.
Now on the internet there are a lot of lessons about this market analysis and lots of good trading tips that will help you a lot in investing. Most people have different strategies and you should choose the right trader to study. The crypto market is very difficult to predict now and needs a lot of your knowledge to survive this time. You may not analyze exactly when you start but if you have a lot of new experience, you will definitely have better analysis.

I have been studying this market for the past 4 years and have applied the knowledge I learned to be more successful in trading. Of course Not always successful but all of my current analysis can help me minimize a lot of risk.
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November 13, 2019, 01:41:14 AM
 #69

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 learn in bitcoin trading, you must not become greed to earn fast here in cryptocurrency. Don't just easily believe in the pump and dump group were you will usually encounter it at the telegram most of the time. Then, Don't just easily get hype with the sweet words from the team updates about the coins they are promoting it. Never try to attempt to use margin trading if you don't have enough idea about in it. ANd always starts at small capital if you are just a newbie in trading too.
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November 13, 2019, 02:14:18 AM
 #70

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.

I'm just found out also and why some traders are using youtube about how to start in trading.
Ill think because of this need more viewers and subscribers, We all know if we are have on that we can get more money in you tube.
But if the tutorial are worth maybe it depends on us if we want to subscribe or not.

I'm just suggest must pick those most basic trading tutorial and then back in a market and try to trade if this works or not.
In addition you must endeavor to practice the bitcoin trading strategy you had adopted from the internet this can be done by registering with a crypto stimulator site, this will provide an avenue where you can trade using a virtual currency i.e not real crypto provided by the platform just to gain some experience after making profits consistently thereafter you can decide to trade live with a reputable exchange.

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November 15, 2019, 02:46:02 AM
 #71

A lot of guys here suggesting watch youtube videos or read articles on how to trade. For me,  same with them but watch only the essentials, the basics! After that, you should start trading with a small amount of money. I believe that to learn how to trade, you need to experience trading fully. Keep on learning by experiencing it.

don't take trading signals, because what they share is not necessarily accurate.

Personally, I am applying some of the trading signals I see here on the web, and mostly they are working. But yeah, you will lose money on some signals. Nothing is accurate in terms of trading. But most of the signals are just based on the trend. For me, following the trend is a good thing with regards to trading because that is my basis when I am making a day trade.

Basically learn from everything. The tips that you'll see here are what works for the people giving out the tips. Videos, books, engaging in forums and discussions, you'll be able to pick up a lot from all these. Though i agree about trading with small amounts. What you'll learn from others won't have any effect if you don't apply and practice. Keep yourself aware of how it feels to lose. I think that's essential in getting your emotions ready for trading.
This is the approach that we should follow, you never know when you are going to learn an invaluable lesson about trading, this forum is a great example of that, I never imagined that I will learn about trading in the forum but you can read so many useful posts that it is opposite, if you pay attention you will learn many things about trading even if that was not your intention, however selecting a few books from which to learn is not a bad idea either.
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November 15, 2019, 02:55:25 AM
 #72

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 learn in bitcoin trading, you must not become greed to earn fast here in cryptocurrency. Don't just easily believe in the pump and dump group were you will usually encounter it at the telegram most of the time. Then, Don't just easily get hype with the sweet words from the team updates about the coins they are promoting it. Never try to attempt to use margin trading if you don't have enough idea about in it. ANd always starts at small capital if you are just a newbie in trading too.
Newbies need not only to invest their money but also the time to keep learning the market. Many newcomers are not ready yet but they've enter the market with so much hypes inside their minds. Forgetting the most important part of this industry, they just trade without any learning some just because of friends influence others are hoping for some luck to have a winning pairs. Make sure to always research before picking your assets.

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November 15, 2019, 03:51:49 AM
 #73

There are many ways for those of you who want to learn bitcoin trading, and you can get it on Google which in my opinion is the best platform to find information about bitcoin trading or whatever you want to know about cryptocurrency or bitcoin and you can also see the crypto trading tutorial
on Youtube.
and before you start trading, you need a few days to learn it well about trade-related knowledge and find as much information as possible and you should also be involved in this forum because here there are many excellent sources of knowledge and many other things that can benefit you , Good luck.

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November 15, 2019, 10:02:33 AM
 #74

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 ressources you can find in the internet. If someone gives you specific links, you might just be limited at it and possibly you won't explore more by yourself. Most of successful traders don't actually pay for traning, seminars, or even books in order for them to acheive what they got today.
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November 15, 2019, 11:49:28 AM
 #75

I learn trading through actual experience. Just the basic concept to buy at low and sell at high. Actual experience will teach you also because it will give you ideas on the spot. Being on the actual trading is so exciting and fun especially in seeing the highs and lows of prices. Just make sure to trade the fund you can afford to loose. You can also learn from other traders and read some reviews and thoughts they will share in the forum.

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November 15, 2019, 09:54:43 PM
 #76

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.
The only aspect that is substantially different than what you will see in other markets is the volatility, this market moves many times faster than any other market I have seen but everything else is the same, my advice is that you find a couple of professional traders that have been successful and read their books and concentrate the most on the techniques needed to secure your capital, that way when the price goes down your losses will be small and you can recover them the next time you trade.
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November 15, 2019, 11:02:11 PM
 #77

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 a lot of  way to learn in trading but the fastest ways to learn trading for the newbies like you want to start in trasing job is google search and watch youtube to get a lot of information and guide how to start in trading.  And do not look exchange with low fees I advise choose exchange have good reputation and have fair treatment for their investor with also a good security system. The pn I give you some point to avoid much risk always analyst mistakes.
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November 16, 2019, 03:32:22 AM
 #78

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.
Bitcoin is a good investment good for to choose your money in bitcoin. Trading bitcoin now is not advisable because the price of bitcoin is so low maybe you can hold your bitcoin for a long term that is the good you can do now hold and wait for the bitcoin price goes up. And i think much better you can have a patience for that.
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November 16, 2019, 09:19:47 AM
 #79

For beginners, there are many things to learn before trading, all information on trading on bitcoin can be seen on Twitter, Telgram, and YouTube on official crytocurrency info. All you need to know is that risking in bitcoin is a big risk, all cannot guarantee our assets, especially for the period. forward, my advice before starting trading should think first and understand the risks that will be faced later
That is right, there are too many websites where we can learn about trading. First, here in the forum, there are too many topics regarding trading advice, tips, guides, and rules. Just keep reading if you are newbie, there's no need to rush to go to in trading if you are not fully knowledgeable enough. When you know the basics steps and technique you can try with a small amount that you can afford. Try and try until you will become to success.

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November 16, 2019, 09:35:27 AM
 #80

You can get tons of research  material in YouTube and other places but it just doesn't end in learning it, you have to know some certain things that could be quite dangerous to trading if you practise them while trading and some of them are impatience, listening to what people has to say about certain projects and allowing their enthusiasm make you invest without making any research of your own and a host of others, you could view some of the high points here: https://bitcointalk.org/index.php?topic=3572889.msg36449251#msg36449251
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