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Author Topic: How to learn bitcoin trading?  (Read 1857 times)
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November 16, 2019, 12:45:16 PM
 #81

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 trading books and the educational trading forums can help you to understand the basic working mechanism of crypto markets. I suggest starting with the book written by Mark Douglas( "Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude"). I don't advise you to start with the Youtube videos because the biased market reviews will not let you reach the desired level of understanding the markets.
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November 16, 2019, 03:30:57 PM
 #82

If you have basic knowledge about bitcoin trading that's more than enough. Go search in Google about bitcoin trading wiki and you get to know easily about it.

There is YouTube in that also you can find about bitcoin trading.

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November 16, 2019, 04:46:41 PM
 #83

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 being the first cryptocurrency in thw world, most of those who are within the crypto space and even in the financial industry see it as something who would challenge fiat or the traditional currency. Referencing on its price history  there seem to be lots of volatility one will encounter along the way, but you can still trade it successfully.
     Upon trading you need to follow four steps:
 1. Decide how you want to deal bitcoin, there are actually to ways. First is,
buy the cryptocurrency itself and hope to sell it for a profit or speculate it's value and never own one.
2. Learn the factors that moves bitcoin's price, while the latter's volatility makes it attractive, its also highly risky to speculate on.
3. Choose a bitcoin strategy. There are lots of it just do your reasearch about those.
4. Lastly, make your first bitcoin trade.
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November 16, 2019, 05:59:58 PM
 #84

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.

One of the best way for a newbie to learn something like bitcoin trafing is through watching videos that explains the basics and as well as the vital information you will need to consider before, during and after doing a trade, of course before trading make sure you invested money that you can afford to lose because basically you're just a newbie and you are more vulnerable in doing mistakes and you also need to analyze the market whether it is a good time for you trade your btc, sell or just hold, during trading you must be wise on your decions and you need to have strategies that can save you when things don't go the way you expected it, do some research about strategies and by those you can even make your own and after a trade you should continue in looking at the possible things that can happen on the market and think about your next trade, that's all i can share with you and then everything will depends on you.



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November 16, 2019, 07:54:48 PM
 #85

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.
For sure there are a lot of ways to learn about trading because now trading is so famous as people mostly prefer choosing to trade as their source of earning so learning it is now a big deal as we can learn from internet and YouTube as there are so many websites now a day which helps new traders to learn it and make money out of it.
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November 17, 2019, 05:40:05 AM
 #86

learning to trade must be prepared to dare to do too, because learning to trade must practice, if not practice and only theory, I'm sure you will not be able to become a professional trader,
if you are ready for it, then you only need to learn the theory, whether you learn through social media, youtube or from books.
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November 17, 2019, 05:50:48 AM
 #87

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 is loads of information out there. Well before you do trading I would like to highly recommend for you first to DISCIPLINE yourself AVOID unnecessary things out there. Always set a PLAN and stick with it no matter what. Anything else such as tips and techniques you could acquire it in the internet. Best thing is youtube for you to be able watch it on hand.

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November 17, 2019, 05:54:37 AM
 #88

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 is loads of information out there. Well before you do trading I would like to highly recommend for you first to DISCIPLINE yourself AVOID unnecessary things out there. Always set a PLAN and stick with it no matter what. Anything else such as tips and techniques you could acquire it in the internet. Best thing is youtube for you to be able watch it on hand.

It's easy to remember what we learned from the internet or we read on the books of the trading basics and knowledge. The harderst part is the discipline itself and doing trades that always same as the setted plan is almost impossible to do consistantly because the crypto market is too agile and crazy and always unpredictable.
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November 17, 2019, 05:59:00 AM
 #89

There is alot to be learnt in trading bitcoin but watching videos on YouTube will be a good start.  There are many trading videos on YouTube that  will help in shaping your trading knowledge within a short while. So also is enrolling for a crypto course on udemy. I used the platform and i must say its really educative for newbies who wants to go into crypto trading.  When you eventually starts trading bitcoin try to trade it in an exchange with good reputation and user-friendly interface for easy navigation and trade execution

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November 17, 2019, 06:02:34 AM
 #90

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 is loads of information out there. Well before you do trading I would like to highly recommend for you first to DISCIPLINE yourself AVOID unnecessary things out there. Always set a PLAN and stick with it no matter what. Anything else such as tips and techniques you could acquire it in the internet. Best thing is youtube for you to be able watch it on hand.

It's easy to remember what we learned from the internet or we read on the books of the trading basics and knowledge. The harderst part is the discipline itself and doing trades that always same as the setted plan is almost impossible to do consistantly because the crypto market is too agile and crazy and always unpredictable.
most of traders have no dicipline.they always unpatient facing bad condition in market although they have good skills . experience and knowledge didn't guarantee we will success in market,mostly dicipline be the main problem for crypto traders..dicipline in their trading plan or anything else that will influence their trading result.at this moment,beginners have many advantages, they could learn from any free source .different with few years ago when trading booming.

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November 17, 2019, 06:28:15 AM
 #91

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.

Watching video is not enough, try to seek information in a lot of forums like this. That will give you a broad and variety of ideas about trading bitcoin in your country. It's okay to start because you're only a beginner pathetically. Once you learned those fundamentals in trading, search more on how to apply it little by little.

Don't just apply it before you learn it; search for the rules and regulations to avoid losses in money. I could give you some links if you asked. There are a lot of factors to consider while trading. For example, those charts and how to read it try to learn about technical analysis and risks for you to know how valuable trading and exchange is.

I guarantee you, videos are not enough to an activity like this that includes money and bitcoin. Now that you've adapted everything that you need to absorb, you can now apply and practice those things to gain more experience in trading. That will lead you to a more successful start and continuous progress in crypto trading.

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November 17, 2019, 10:52:28 AM
 #92

There is alot to be learnt in trading bitcoin but watching videos on YouTube will be a good start.  There are many trading videos on YouTube that  will help in shaping your trading knowledge within a short while. So also is enrolling for a crypto course on udemy. I used the platform and i must say its really educative for newbies who wants to go into crypto trading.  When you eventually starts trading bitcoin try to trade it in an exchange with good reputation and user-friendly interface for easy navigation and trade execution
It's kind of difficult to learn trading but it is truly worth it at the end, I also tend to watch videos before and it helps me a lot, it enlighten me for a lot of things and it opened my mind for new learning. It actually takes most of my time and I have to do some effort in researching just to have enough understanding about trading, I know that we can't change the fact that trading is speculative and you need a lot of hard work to be successful. You can't just learn things easily and there will always be a room for improvement and learning. Also, it's not only about the knowledge it is also about making wise decision for yourself so you won't end up feeling remorse about it that is why you need to be in a clear state of mind when making decisions and actions. You also need to be patient because it takes time to learn trading and it depends on you if you wanted to analyze everything because knowledge is one the best tool that can guide you to be successful. You may think that it is a bit laborious because you have to do a lot of things and there are some things that you need to consider but you don't have to worry because it can help you in the future.

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November 17, 2019, 02:18:38 PM
 #93

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.

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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
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/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Mumbeeptind1963
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 568

Sovryn - Brings DeFi to Bitcoin


View Profile WWW
November 18, 2019, 12:04:27 PM
 #94

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.
Yes, you may learn a lot from this forum, aside of having a full time or part time work here in this forum, we should know that you may get tips, strategies and techniques here in our forum, you may get latest news also regarding bitcoin and other altcoin. Some of the traders are here also they will give you signals about the coins that they are hodling whether you need to sell your coin or you need to hold it a little bit more time. You may visit some channel in youtube also, and buy some books, I learn some trading secrets here in bitcointalk forum it helps me a lot, hope it will help you too.

.#1 DeFi for Bitcoin Platform.            ███   ███
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Lanatsa
Hero Member
*****
Offline Offline

Activity: 2842
Merit: 654



View Profile
November 18, 2019, 01:20:49 PM
 #95

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.
Yes, you may learn a lot from this forum, aside of having a full time or part time work here in this forum, we should know that you may get tips, strategies and techniques here in our forum, you may get latest news also regarding bitcoin and other altcoin. Some of the traders are here also they will give you signals about the coins that they are hodling whether you need to sell your coin or you need to hold it a little bit more time. You may visit some channel in youtube also, and buy some books, I learn some trading secrets here in bitcointalk forum it helps me a lot, hope it will help you too.
There were really some good informations or learnings that you can really get into this forum but be careful not to select nor followed
the fake ones because it will just result out into loss of money if you aren't careful enough since we know that there were lots of bag holders
and shillers out of their coins and uses up innocent or newbie traders to buy something which is totally trash.So just keep learning and be sensible
on each step you would make.

R


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Distinctin
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 649


No dream is too big and no dreamer is too small


View Profile
November 18, 2019, 03:45:03 PM
 #96

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.
Yes, you may learn a lot from this forum, aside of having a full time or part time work here in this forum, we should know that you may get tips, strategies and techniques here in our forum, you may get latest news also regarding bitcoin and other altcoin. Some of the traders are here also they will give you signals about the coins that they are hodling whether you need to sell your coin or you need to hold it a little bit more time. You may visit some channel in youtube also, and buy some books, I learn some trading secrets here in bitcointalk forum it helps me a lot, hope it will help you too.
There were really some good informations or learnings that you can really get into this forum but be careful not to select nor followed
the fake ones because it will just result out into loss of money if you aren't careful enough since we know that there were lots of bag holders
and shillers out of their coins and uses up innocent or newbie traders to buy something which is totally trash.So just keep learning and be sensible
on each step you would make.
Most of all, the courage and willingness to learn. Cause it is not all about bringing ourselves at risk without a reason and trading could be that riskier but we never think that it's too hard to learn about it. It is all about how we manage our life.

Yes, we may consider that this forum is a big help for those who want to learn about trading but we can't just rely on this alone, we need someone that can be trusted to guide us. We can follow their steps as well but can't take into the way that we don't keep relying on them, we need to stand our feet alone.

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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
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/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
JessicaVL
Member
**
Offline Offline

Activity: 346
Merit: 47


View Profile
November 19, 2019, 07:24:14 AM
 #97

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.

Hi there! Welcome to crypto! When it comes to trading, I think a good option is to trade on a marketplace. Particularly if you want to keep fees low. P2P marketplaces like  Vertex offer much lower fees than traditional exchanges, and are completely secure. Good luck!
Kevondo
Sr. Member
****
Offline Offline

Activity: 742
Merit: 251


View Profile
November 19, 2019, 03:17:44 PM
 #98

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.
Yes, you may learn a lot from this forum, aside of having a full time or part time work here in this forum, we should know that you may get tips, strategies and techniques here in our forum, you may get latest news also regarding bitcoin and other altcoin. Some of the traders are here also they will give you signals about the coins that they are hodling whether you need to sell your coin or you need to hold it a little bit more time. You may visit some channel in youtube also, and buy some books, I learn some trading secrets here in bitcointalk forum it helps me a lot, hope it will help you too.
There were really some good informations or learnings that you can really get into this forum but be careful not to select nor followed
the fake ones because it will just result out into loss of money if you aren't careful enough since we know that there were lots of bag holders
and shillers out of their coins and uses up innocent or newbie traders to buy something which is totally trash.So just keep learning and be sensible
on each step you would make.
Most of all, the courage and willingness to learn. Cause it is not all about bringing ourselves at risk without a reason and trading could be that riskier but we never think that it's too hard to learn about it. It is all about how we manage our life.

Yes, we may consider that this forum is a big help for those who want to learn about trading but we can't just rely on this alone, we need someone that can be trusted to guide us. We can follow their steps as well but can't take into the way that we don't keep relying on them, we need to stand our feet alone.

Perseverance has its own importance for success in every field of life. With the habit of giving up, it is not possible to stand at the top of your domain. The only thing that separates a leader from failure is his courage and determination. He must trust in his own dreams and principles. The best way to learn is by exploring things on your own. Then coming on such forums to discuss and clear doubts, especially when dealing with bitcoin trading.
Yamifoud
Hero Member
*****
Offline Offline

Activity: 2758
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★Bitvest.io★ Play Plinko or Invest!


View Profile
November 19, 2019, 04:05:54 PM
 #99

Then it has something to ask ourselves, are we ready to learn this?
Trading can be easy to learn if we are much interested to know. The only problem if we are able to cope with all the things we need to learn for I have to believe that it requires patience and hard work. Trading can be a process, for we can't be good at first and even suffer losses but somehow we look this as an opportunity to be more prepare for the possible results.

Mistakes are often to experience but the good thing is that it helps to drive us for the better trade in the future, for it is sure that we will have to work on it and so we can't be caught again. And I may think that this will also help you decide https://www.bitdegree.org/tutorials/day-trading-cryptocurrency/



.
.BIG WINNER!.
[15.00000000 BTC]


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November 19, 2019, 05:10:24 PM
 #100

Then it has something to ask ourselves, are we ready to learn this?
Trading can be easy to learn if we are much interested to know. The only problem if we are able to cope with all the things we need to learn for I have to believe that it requires patience and hard work. Trading can be a process, for we can't be good at first and even suffer losses but somehow we look this as an opportunity to be more prepare for the possible results.

Mistakes are often to experience but the good thing is that it helps to drive us for the better trade in the future, for it is sure that we will have to work on it and so we can't be caught again. And I may think that this will also help you decide https://www.bitdegree.org/tutorials/day-trading-cryptocurrency/
In fact, cryptocurrency trading is very easy to master for those people who have at least basic knowledge and the concept of trading and the cryptocurrency market.  But if you take a person who is new to this business, it’s quite difficult even to learn starting knowledge in order to use it in practice.  When I first tried to try to trade, I always had negative results, until I understood the main points of this activity.  Although I am not a professional in trading today, I still have a common understanding.  Today I practice scalping for several cryptocurrencies that are not in the top ten of the cryptocurrency market rating and for some reason it seems to me that Bitcoin cannot be traded using this strategy.

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