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Author Topic: Are crypto advisers worth to be looking for?  (Read 529 times)
Mttewndew (OP)
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February 10, 2020, 04:56:59 PM
 #1

Hey. Can you tell the beginner if there are any professional advisers who can teach you how to trade in practice? Crypto courses and general informative articles are great, but I'm having in mind something with more practice included. Does it make sense to look for them and how much scam there might be?
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February 10, 2020, 05:31:28 PM
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 #2

how much scam there might be?

99% would be the best-case scenario.

What you need to learn is "Trading" and not "Crypto", if you are interested in "directly making money", although I would advise you to actually learn about blockchain and cryptocurrencies technical aspects as that could be more rewarding in the long run, should you insist on learning how to trade crypto then simply learn to trade, trading the stock market or forex is no different than trading crypto.

Some people will tell you that trading crypto is different because it's controlled by "whales" and it's manipulated as if all other markets are run by honest people which is bullshit, the psychology of human beings and the skills of the AI (bots) is merely the same, it just appears more obvious in crypto due to the smaller market cap. With that in mind, rest assured that learning how to trade is all you need to trade crypto, and you don't need to pay a dime to learn to trade, everything is available online, just learn the basics Trend lines, Support and Resistance lines, be determined, control your emotions, don't expect to become rich trading and only risk what you can afford to lose.




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February 10, 2020, 05:41:50 PM
 #3

There are professionals that can guide and teach you on how to work on any aspect of crypto even trading. I feel if you are really serious about it, you can get close to a reliable one. There could be scammer too so beware. Asides one on one teaching, here on this forum are professionals who can discuss with you about it, you can also get more from the YouTube, practice and then improve on it.
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February 10, 2020, 05:55:29 PM
 #4



Many of the traders didn't really learn from a mentor but keep trying to learn to trade by learning charts and indicators. There are pages on the internet about it, specially in the forex websites and forums. Tradingview I guess will always be a good platform to learn the charts since available without the need of installation.

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February 10, 2020, 07:20:41 PM
 #5

Hey. Can you tell the beginner if there are any professional advisers who can teach you how to trade in practice?
You can actually learn crypto trading by doing some few search or googling "binance crypto trading for beginner" and watch crypto trading video on YouTube.

Crypto courses and general informative articles are great, but I'm having in mind something with more practice included. Does it make sense to look for them and how much scam there might be?
It make sense and i heard udemy offer some course on crypto trading. In the meantime, you need to understand how crypto scammer operate.

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February 10, 2020, 07:29:38 PM
 #6

Off course, although I won't call them professional but definitely there are quality traders in the cryptocurrency industry you can learn from and probably duplicate their success that's only if you're willing and determine to learn. If Cryptocurrency awareness is very active in your geographical region and you easily find enthusiast hosting seminars you can attend and probably get registered in their training program. If you're very observant, you can easily differentiate the fakes from the genuine ones most especially from the service they offer.

Does it make sense to look for them and how much scam there might be?

It doesn't matter as most successful traders in the industry today are self thought. With experience, a trader consciously learning from his/her mistake can improve on his trading strength without needing any outside help although since all humans aren't the same, it's best advisable to choose the style of learning that best suits you. If you're the practical type then don't hesitate to engage in such.

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February 10, 2020, 07:54:50 PM
 #7

Hey. Can you tell the beginner if there are any professional advisers who can teach you how to trade in practice? Crypto courses and general informative articles are great, but I'm having in mind something with more practice included. Does it make sense to look for them and how much scam there might be?

It doesn't make sense to look for crypto advisors to.my opinion because, many of these self acclaimed crypto advisors are scammers. This has happened to some of my friends and they regretted their actions because I warned them for these guy's. Cryptocurrency as e-currency have no special features than that of the forex, I came into cryptocurrency trading through my knowledge of Forex. Most people online claiming to be expert are just waiting for those vulnerables to feast upon and we should be cautions of them.

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February 11, 2020, 01:38:45 AM
 #8

There's plenty of detailed paid courses and such out there that can help you learn more about trading, but most of them do not go very far outside of what you can learn with free materials available on the internet oriented both towards crypto trading and not towards crypto trading that do the same thing in a different format. Many of the things you learn in trading cryptocurrencies also apply to a certain degree in other more traditional markets, though you'll need to adapt if you change from trading crypto to another market.

That doesn't mean there aren't good people on Twitter and other social media platforms to follow with information about crypto trading. It's just unfortunate that the vast majority of people on those platforms overstate their profits, hide their losses or more.
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February 11, 2020, 01:58:13 AM
 #9

Most crypto advisers are not market speculators, they don't even follow their own advice, the best thing you can do is read the books of market speculators, I recommend Wyckoff, Livermore, and some investors like Warren Buffet, the idea is that learn to understand the market, these authors have based their experiences in the Stock Market, but today it is applicable to the Crypto and Bitcoin market.

And if you want to have experience, I recommend you to trade with fictitious money in any Exchange, most have that version with fictional money, and only face the real market when you feel enough security under the arguments already learned.

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February 11, 2020, 02:21:21 AM
 #10

There's plenty of detailed paid courses and such out there that can help you learn more about trading, but most of them do not go very far outside of what you can learn with free materials available on the internet oriented both towards crypto trading and not towards crypto trading that do the same thing in a different format. Many of the things you learn in trading cryptocurrencies also apply to a certain degree in other more traditional markets, though you'll need to adapt if you change from trading crypto to another market.

That doesn't mean there aren't good people on Twitter and other social media platforms to follow with information about crypto trading. It's just unfortunate that the vast majority of people on those platforms overstate their profits, hide their losses or more.
We should be resourceful mate, I have learning modules that I get for free. You do not need to find a crypto adviser or mentor for you to learn how to trade. Majority of the professional trader are self taught where they learn trading by themselves. There is also disadvantages in finding mentor because there are only few legit mentor who teaching the students right knowledge and information. Avoid those mentor who self proclaimed experts because for sure he will teach garbage information.

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February 11, 2020, 02:31:41 AM
 #11

Replies like the one @mikeywith gave as the first one leave little more to be covered in terms of the opinion on crypto advisers. There are a lot of them giving signals on twitter and other social media too. What is unique to crypto trading though is that you have to first decide your end goal. Do you want to increase your holding in terms of BTC or just get more fiat. You also need to decide that if you want to continue trading on the less secure platforms where your money maybe hacked at anytime or would you consider keeping funds safe on your own computer.

There is a lot of things to decide rather than just learning to trade. As far as experience is concerned you can read from experience of other people on the forum. @JetCash had multiple topics where he talked about his personal experiences with trading on exchanges.
There is a website called Niffler.co that claims to teach you trading with experience of fellow traders. Not sure how good it is but maybe you could look at it and share your experience if you are so inclined.
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February 11, 2020, 07:13:36 AM
 #12

No, it is not worth to find crypto advisers because you don't know that person, but you can search for help from your friends who have skills in trading so you can ask him/them to help you. That can prevent you from scamming that you might get, although that is no guarantee for them to scam us or not. If you can find good friends that will help you, then you can learn from them while you can get advice from them too.

But the best thing that you can do is you need to learn by yourself so you can know how to trade with the right, and you don't have to depend on them.

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February 11, 2020, 08:26:08 AM
 #13

~ Does it make sense to look for them and how much scam there might be?
Well, you can learn on your own as others have suggested but that could take you a longer time compared to learning from someone who has been doing it successfully for a longer time. It's harder to find the legit ones though but one person comes to my mind when you want to learn technical analysis. I'm no longer sure if he still accepts students though.

Before considering getting a mentor, consider the thought that if they are really that good, why would they still need to earn from other sources? they should be earning well from trading and wouldn't need subscription/enrollment fees..
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February 11, 2020, 09:17:27 AM
 #14

Hey. Can you tell the beginner if there are any professional advisers who can teach you how to trade in practice?
To learn something that is not yet known is very important and what are the things of crypto trading and with guidance from professional experts.

If you feel that trading in the crypto market, it doesn't have to be learned that it's a "trap", yes, trading by following advice from an adviser regarding trade is good enough, but for beginners who are enthusiastic to get profits in trading you also have to learn the good market and the right trading time.

Crypto trading is also high risk, trading can also make you become a multi-millionaire in a matter of days, but it also needs to be remembered and regretted if it is not based on knowledge you can lose everything you invest in a blink of an eye because of its volatility.

Note: the thing to remember is that if you trade crypto relying solely on the advice of an advisor, maybe your money could be lost more, but if you have the determination to learn and learn the tips of the advisor, it will have a definite and good decision for yourself in assessing the trading market.

R


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February 11, 2020, 10:45:09 AM
 #15

There are many places in the forum where you can easily trade-in crypto. But I think the best you can do is trade with your own merits and abilities and there is no fear of being scammed. If you want to learn how to evaluate trading charts by watching different videos on YouTube then you can easily trade There are many senior members in the forum who will not be able to discuss with them Try to exploit your talents and practice different places.
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February 11, 2020, 11:23:48 AM
 #16

There are professionals that can guide and teach you on how to work on any aspect of crypto even trading. I feel if you are really serious about it, you can get close to a reliable one. There could be scammer too so beware. Asides one on one teaching, here on this forum are professionals who can discuss with you about it, you can also get more from the YouTube, practice and then improve on it.

It is more safe if you really know someone that can help you in trading, it is less hassle for you because you're really familiar with that person. Someone you know will not scam you because you really know where to find them and it is guaranteed that they will not do that to you. Also professionals will not be professionals if they are not trustworthy and an effective trader so it is very rare find a legit professional. Youtube videos aren't enough because you don't have the way to practice it and gain experience so you really need to seek some advice first before doing so. Never practice without prior knowledge or familiarizing the market.

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February 11, 2020, 11:57:19 AM
 #17

There are many crypto trading tutorials out there that you can watch and you will absolutely learn, I also watched trading videos before when I don't know and I don't have a single thing know about crypto trading especially that time is the time that there aren't too many video tutorial about crypto trading but now there are many resources out there and it's basically free. Just don't entrust your funds or your assets to any people because there is a high chance that they would take advantage of you.
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February 11, 2020, 12:31:22 PM
 #18

well, there may be professional traders that might provide you advice relating to trading just the way we have so many people this day that call themselves blockchain experts but I want to believe most of the people that trade crypto learns it themselves. There is much resourceful material on the internet including here on bitcointalk that can provide you all that you need to be a trader and from there you can develop your own strategies as regards profiting from trading. I wish you all the best.
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February 11, 2020, 01:03:09 PM
 #19

There are professionals that can guide and teach you on how to work on any aspect of crypto even trading. I feel if you are really serious about it, you can get close to a reliable one. There could be scammer too so beware. Asides one on one teaching, here on this forum are professionals who can discuss with you about it, you can also get more from the YouTube, practice and then improve on it.

To my opinion they are not worth time or money. It's hard to find a reliable one and the question is how much will they really help and teach you.
I think that all necessary information could be found online, on.YouTube, forums and blogs, specialized web sites. Such advisors will not teach you anything outside this and the real practice you need to make on your own.

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February 11, 2020, 01:05:32 PM
 #20

I believe most of the traders here are just self educating themselves.
We are not in the old era OP, there's a lot of information that you can access online for free, so take advantage on that liberty.

google and youtube, they are commonly the tools we can use to educate ourselves.

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