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Author Topic: How to learn bitcoin trading?  (Read 1857 times)
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November 19, 2019, 05:54:11 PM
 #101

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.
A lot of people would suggest watch video tutorials in youtube, but i think the best way to learn trading is by asking questions because I learned bitcoin trading by just sending personal messages to professional traders by asking some tips and strategies in how to trade with bitcoin and other cryptocurrencies because i could learn a lot of things from their past experiences in trading, that is why you could already know the things that you should do and don't.



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Rainbot
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November 19, 2019, 06:33:02 PM
 #102

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.

But not all of it, I have basic experience in trading and trading for more than 2 years but until now there are still many things that I cannot understand and often I am still wrong in predicting. Sometimes I get confused because there are many accurate professional analyzes, so it means here I still don't understand the market and I think it's difficult to learn, it might be easy if someone learns it day and night in 3 months.
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November 19, 2019, 09:11:18 PM
 #103

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.









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November 19, 2019, 10:31:10 PM
 #104

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.
A lot of people would suggest watch video tutorials in youtube, but i think the best way to learn trading is by asking questions because I learned bitcoin trading by just sending personal messages to professional traders by asking some tips and strategies in how to trade with bitcoin and other cryptocurrencies because i could learn a lot of things from their past experiences in trading, that is why you could already know the things that you should do and don't.
Well watching tutorial in youtube about trading it must be helpful also for the beginners if they want to learn some basic. Sending message or asking question from professional traders maybe it is good idea but the problem is it will come a days or weeks for the for the reply come to you.

Must better you have a TG to chat to them for easy to give more information about trading.

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November 19, 2019, 11:39:45 PM
 #105

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.
A lot of people would suggest watch video tutorials in youtube, but i think the best way to learn trading is by asking questions because I learned bitcoin trading by just sending personal messages to professional traders by asking some tips and strategies in how to trade with bitcoin and other cryptocurrencies because i could learn a lot of things from their past experiences in trading, that is why you could already know the things that you should do and don't.
Well watching tutorial in youtube about trading it must be helpful also for the beginners if they want to learn some basic. Sending message or asking question from professional traders maybe it is good idea but the problem is it will come a days or weeks for the for the reply come to you.

Must better you have a TG to chat to them for easy to give more information about trading.
We can't just rely on them actually, they also have a busy life in which responding emails are not their priority as well. Yes, youtube tutorials are a way to help but we need to build our own understanding base on experience. We can master everything in trading if we are not able to stop reading and searching. Looking for more trading ideas is more appreciated, then you can see how it affect our life.
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November 19, 2019, 11:50:49 PM
 #106

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.
A lot of people would suggest watch video tutorials in youtube, but i think the best way to learn trading is by asking questions because I learned bitcoin trading by just sending personal messages to professional traders by asking some tips and strategies in how to trade with bitcoin and other cryptocurrencies because i could learn a lot of things from their past experiences in trading, that is why you could already know the things that you should do and don't.
Well watching tutorial in youtube about trading it must be helpful also for the beginners if they want to learn some basic. Sending message or asking question from professional traders maybe it is good idea but the problem is it will come a days or weeks for the for the reply come to you.

Must better you have a TG to chat to them for easy to give more information about trading.
We can't just rely on them actually, they also have a busy life in which responding emails are not their priority as well. Yes, youtube tutorials are a way to help but we need to build our own understanding base on experience. We can master everything in trading if we are not able to stop reading and searching. Looking for more trading ideas is more appreciated, then you can see how it affect our life.
The change has to begin from you, because without experimenting it isn't possible to learn as well as benefit out of it. We doesn't want to go completely on our ideas, initially it is good to get suggestions which shouldn't be implemented directly. We need to analyze and understand how good is to use the same, and the possible outcome of the same. This will get us with better learning about trading without relying on others predictions.

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November 20, 2019, 12:22:44 AM
 #107

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.
A lot of people would suggest watch video tutorials in youtube, but i think the best way to learn trading is by asking questions because I learned bitcoin trading by just sending personal messages to professional traders by asking some tips and strategies in how to trade with bitcoin and other cryptocurrencies because i could learn a lot of things from their past experiences in trading, that is why you could already know the things that you should do and don't.
Well watching tutorial in youtube about trading it must be helpful also for the beginners if they want to learn some basic. Sending message or asking question from professional traders maybe it is good idea but the problem is it will come a days or weeks for the for the reply come to you.

Must better you have a TG to chat to them for easy to give more information about trading.
We can't just rely on them actually, they also have a busy life in which responding emails are not their priority as well. Yes, youtube tutorials are a way to help but we need to build our own understanding base on experience. We can master everything in trading if we are not able to stop reading and searching. Looking for more trading ideas is more appreciated, then you can see how it affect our life.
Indeed, TG is not a good place to learn mostly it is all about signals and charts. Youtube might be a good help particularly the live tutorials which will let you know the ideas and how to use it however,  keep in mind that it is not all right because every trader has its own way of putting some recipes in the chart or in their own trading and you have to explore otger more videos that will give you a broad range of possible ideas.
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November 20, 2019, 07:19:19 AM
 #108

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.
That’s right it’s good to learn from your mistakes and gain experience. Traders have to be so patient that they provide actual trading profit. Keep exploring Google, YouTube, and other social sites as we to become a good trader. We can learn to trade by trying and those who learn from their own ways they get Diamond trading knowledge as an actual trader must have knowledge about the basics of trading.
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November 20, 2019, 09:28:55 AM
 #109

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.
Since joining this forum I have learned a lot about trading experience and feel more confident before making investment decisions. In fact, forum has all the knowledge you need and if you learn, you will easily become a good trader in this market. In addition, some other knowledge at the internet or youtube is also very popular and should take time to monitor to reduce risk when trading.

I am always busy with my daily work but always take the time to study because I know that without the knowledge it would be very difficult to exist in this market.

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November 20, 2019, 11:09:08 AM
 #110

For start get some basic knowledge about cryptocurrencies at different sites (education).
Read forums and be up to date with news every day.
Start trading with simulators and then get your hands dirty with small money at one of preferred exchanges (binance). It's a way of life.

“If you personalize losses, you can’t trade.” – BK
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November 20, 2019, 12:15:33 PM
 #111

For start get some basic knowledge about cryptocurrencies at different sites (education).
Read forums and be up to date with news every day.
Start trading with simulators and then get your hands dirty with small money at one of preferred exchanges (binance). It's a way of life.

Besides that, you need to practice as many as you can. If you don't have experience in trading, then you don't have to use big money if you are not sure. You can use little money because you need to familiarize yourself with trading and analyzing the market so you can improve your skills. After you think that you can trade with good, then you can use big money to trade. I am sure that you will make a bigger profit.

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Pamadar
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November 20, 2019, 12:39:49 PM
 #112

For start get some basic knowledge about cryptocurrencies at different sites (education).
Read forums and be up to date with news every day.
Start trading with simulators and then get your hands dirty with small money at one of preferred exchanges (binance). It's a way of life.

Besides that, you need to practice as many as you can. If you don't have experience in trading, then you don't have to use big money if you are not sure. You can use little money because you need to familiarize yourself with trading and analyzing the market so you can improve your skills. After you think that you can trade with good, then you can use big money to trade. I am sure that you will make a bigger profit.
That's the purpose of simulators you can keep practicing and try every combination that you think will help you to improve your skills.
There's always a way if you really keen to help yourself before engaging to this business. Keep on reading and watching those related
articles and video shared you will find good information that you can use as basis to enhance your chance of success.
topbitcoin
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November 20, 2019, 01:47:04 PM
 #113

For start get some basic knowledge about cryptocurrencies at different sites (education).
Read forums and be up to date with news every day.
Start trading with simulators and then get your hands dirty with small money at one of preferred exchanges (binance). It's a way of life.

Besides that, you need to practice as many as you can. If you don't have experience in trading, then you don't have to use big money if you are not sure. You can use little money because you need to familiarize yourself with trading and analyzing the market so you can improve your skills. After you think that you can trade with good, then you can use big money to trade. I am sure that you will make a bigger profit.
That's the purpose of simulators you can keep practicing and try every combination that you think will help you to improve your skills.
There's always a way if you really keen to help yourself before engaging to this business. Keep on reading and watching those related
articles and video shared you will find good information that you can use as basis to enhance your chance of success.
May i ask too which sites that have demo account for trade bitcoin ? and thank you before. Sometime my friend asked me in where to trading crypto with demo account and i don't know about it. What i suggest is like what Ethereumhunter said, to use small amount of money at least he can get experience about trading with it.

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bohr
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November 20, 2019, 09:46:46 PM
 #114

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.
qwertyup23
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November 20, 2019, 10:04:02 PM
 #115

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 best way in order to learn about trading is through experience alone. Even if you read tons of guides, information, and tips about trading, nothing is better than personally experiencing it on the market. You can do this by starting a capital that is low and watch videos on how you could start trading.

As for my experience, I highly recommend that you do trading in intervals and not on day-trading as it would require more experience, time, and skill.

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.

R


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NeironixNV
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November 21, 2019, 11:24:47 AM
 #116

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 would advise you to study the basics of technical analysis, at least trade from horizontal levels of support and resistance.

https://neironix.io/
Kevondo
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November 21, 2019, 11:29:15 AM
 #117

For start get some basic knowledge about cryptocurrencies at different sites (education).
Read forums and be up to date with news every day.
Start trading with simulators and then get your hands dirty with small money at one of preferred exchanges (binance). It's a way of life.

Besides that, you need to practice as many as you can. If you don't have experience in trading, then you don't have to use big money if you are not sure. You can use little money because you need to familiarize yourself with trading and analyzing the market so you can improve your skills. After you think that you can trade with good, then you can use big money to trade. I am sure that you will make a bigger profit.
That's the purpose of simulators you can keep practicing and try every combination that you think will help you to improve your skills.
There's always a way if you really keen to help yourself before engaging to this business. Keep on reading and watching those related
articles and video shared you will find good information that you can use as basis to enhance your chance of success.
May i ask too which sites that have demo account for trade bitcoin ? and thank you before. Sometime my friend asked me in where to trading crypto with demo account and i don't know about it. What i suggest is like what Ethereumhunter said, to use small amount of money at least he can get experience about trading with it.
Bybit, Overbit, Bitmex, Bitsgap, Adss, Itrader are the few ones. The list actually goes on and on. By making demo accounts, you can improve your skills and increase knowledge of trading. Basically, you must understand all the bits of this profession as well as your asset. Choosing a potential coin holds the most significant value. With a weak coin, no matter how much good a trader you are, you cannot make good profits.
rose9696
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November 21, 2019, 12:20:32 PM
 #118

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.
This trading document is available everywhere on social media and youtube, and is divided into many different categories. such as technical analysis, price action analysis, buy and sell by news, ...
  But for bitcoin, the most effective is still Price Action and some necessary trend indicators such as RSI, EMA-MACD, Bollinger Band. You should study and understand more about those types before making a trade.

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November 22, 2019, 02:46:34 PM
 #119

There are many resources to learn on the internet such as forums, youtube or google ... when I first started I often looked up information with this resource, the second thing is that you should find someone who has experience. and succeed in trading try to reach them so that you can go further in a short time, but the best way is still practice, spend some of the idle money you save to invest, that are your own most valuable and experience lessons.

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Capt00
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November 22, 2019, 03:04:57 PM
 #120

There are many resources to learn on the internet such as forums, youtube or google ... when I first started I often looked up information with this resource, the second thing is that you should find someone who has experience. and succeed in trading try to reach them so that you can go further in a short time, but the best way is still practice, spend some of the idle money you save to invest, that are your own most valuable and experience lessons.
Yes, there is a lot of learning sources around particularly on the internet but things can't be enough to be good at. And in terms like this, EXPERIENCE is the best teacher. The more we are exposed to this kind of field, the more we got ideas and strategies. For learning in trading can't be instant, it needs patience and habitual practice and with that, we can assure fast adoption and learnings. 
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