Bitcoin Forum
June 10, 2024, 04:28:17 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 6 7 8 »  All
  Print  
Author Topic: What should I study to learn how to trade?  (Read 1569 times)
Hamphser
Sr. Member
****
Offline Offline

Activity: 2506
Merit: 328



View Profile
November 16, 2020, 04:53:36 PM
 #41

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

"BUY LOW SELL HIGH"

Pretty basic eh? but when you are already on the actual situation then its really hard to do such thing.If you are a complete noob even with the basic terms then you can start up on here;

Babypips.com
forexfactory.com

Sounds for forex right? but these places are the best ones on learning up the basics specially for technical aspects even though this market
is highly reactive to fundamental but still you would really be ending up on this kind of way.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?█▀▀▀











█▄▄▄
.
PLAY NOW
▀▀▀█











▄▄▄█
drlukacs
Sr. Member
****
Offline Offline

Activity: 854
Merit: 253


l0tt0.com


View Profile
November 16, 2020, 05:31:21 PM
 #42

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
To become a good trader, you need to learn a lot about economics - finance, and psychology. First, you should read about the example of millionaires to be able to comprehend the idea of trade as well as how they turn $ 100 into $ 1 million. To me, thought is very important throughout your trading process.
In addition, after understanding how to get rich in trading, you need to learn more about psychology. Way to steady psychology and get rid of the temptation "greed", which has made many traders lose a lot. I guarantee that it will take you about a year to master the above skills. The amount you start trading to test your strategies should be only $ 100, subdivide it to make a lot of orders rather than all in slightly bro.

|.
WHIRLWIND
|
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
        ▄▄▄██▀▀▀▀▀▄▄         █
     ▄▄██▀▀▄▄▀▀▀▀▀▄▄▄        █A
    ▄██▀▄██▀▄▀▀▀ ▄▄ ▄▄▄▄     █
   ███ ██▀▄▀     ▄▄▀▄▄ ▀█▄   █
  ███ ███ █        ▀▄ █▄ ██  █
  ███ ███ █         █ ██ ██  █
  ███ ███ █        ▄▀ █▀ ██  █
   ███ ██▄▀▄     ▀▀▄▀▀ ▄█▀   █
    ▀██▄▀██▄▀▄▄▄ ▀▀ ▀▀▀▀     █
     ▀▀██▄▄▀▀▄▄▄▄▄▀▀▀        █
        ▀▀▀██▄▄▄▄▄▀▀         █
█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█
|.
  No Fee    Ultimate Privacy  
|.
ANONYMITY
MINING CAMPAIGN
|.
MIX NOW
|
Renampun
Sr. Member
****
Offline Offline

Activity: 2324
Merit: 363


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
November 16, 2020, 05:48:03 PM
 #43

trading for me is quite easy, you only have to sell and also buy...
buy and sell!! in theory, it is very easy but in reality, it is very complicated because many factors can disrupt the price of an asset that is in the market. btw, You can see videos that are circulating on YouTube, just type how to trade in search, and then you will be given a video recommendation.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
DevilSlayer
Sr. Member
****
Offline Offline

Activity: 1414
Merit: 358


View Profile
November 17, 2020, 12:46:57 AM
 #44

Spend most of your time in studying and analyzing charts. I really mean it when I said spend because you really need to make sacrifices if you want to learn how to trade profitable. You can easily learn how to trade but it doesn't mean that you are going to be profitable already. There are big differences between learning how to trade and learning how to become a profitable trader. There are some information in the internet that for me considered as not good because it doesn't teach you how to become a good trader. There is no talent in trading it is a pure skill where you can learn it by spending most of your time on it. I suggest to others to spend minimum of 5 hours per day on studying about trading. It is all about having persistence to learn and you can become a good trader in the near future. If you are beginner then maybe you should visit investopedia because you can learn technical terms in trading for free. 
Vispilio
Legendary
*
Offline Offline

Activity: 2072
Merit: 1630



View Profile WWW
November 17, 2020, 01:11:19 AM
Last edit: November 17, 2020, 02:44:41 AM by Vispilio
 #45

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

Automated and Algorithmic trading make up the majority of the volume in all exchanges, so a quantitative degree that will expose you to coding and testing trading strategies, like Financial Engineering, Quantitative Finance or even data sciences, statistics or Physics should be a good starting point to understand the bulk of modern financial activity.

Having acknowledged how trading algos and automated scripts operate in financial markets, you can then choose to be either part of that game or take a more discretionary approach to create your own unique edge, good luck.

maydna
Hero Member
*****
Offline Offline

Activity: 2954
Merit: 556


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
November 17, 2020, 03:45:40 AM
 #46

~snip~
In essence, we have to see what trends are happening sometimes it can also affect the price up and down, but if we are smart in choosing and right when buying and selling, whether when it is down we have to buy a lot or only a little because if we are wrong in the analysis then will put us at risk sometimes when the price goes down even further.

In this way, buying when it goes down, selling when it's high is also commonplace, but how we can analyze and trend when to enter the crypto market is what makes it more difficult for us to understand it.

That is why we need to learn more details about trading, so we can know where trends are now. That can help us to determine which trend that happens in the market. Besides that, we will know what we need to do, and if we don't have more info, we can stay calm watching the price moves, and we don't need to force ourselves to enter the market.

The market analysis will be important to know the trend goes, so you can determine the next step you need to do. Don't forget to learn about the available indicator because that will help you predict the trend, although the trend can go anywhere.

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
 
    CRYPTO WEBNEOBANK    
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
LimLims
Sr. Member
****
Offline Offline

Activity: 1204
Merit: 272


1xbit.com


View Profile WWW
November 17, 2020, 04:05:52 AM
 #47

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

If you are a newbie to trading, then at first i would suggest you to do some research.
Learn the basics of trading at first, then read the backstory of coin that you want to invest on.
Moreover at last just don't be greed, always try to start with getting smaller Profits.

And there is no minimum amount to start trading, if you have the guts to bear losses, then you can go as high as your budget, else always start with smaller amount. I would advise you to start with 100$ for the first few times.

Hope this helps you mate.

████
██
██
██
██
██
██
██
██
██
██
██
████
█████████████████████████████████████████████████████████████████████████████████


████████████████████████▄▄▄█████▄▄▄██████████████████████████████████████████████
████▄█████▄█▄███▄█▄██████████▄██▀▀▀██████████████████████████████████████████████
████████▀████▄████▀██████████████████████████▄█████▄██▄█████▄████▄████▄████▄██
███████████▐█████▌███████████▄█████▀███▀▀████████▀▀▀▀█████▀▀▀██████▀▀███▀▀█████
████████▄████▀████▄██████████████████▄▄▄▄▄███▄▄▄▄█████▄▄▄██████████████████
██████████▀█▀███▀█▀██████████▀███████▀█████████▀█████▀██▀█████▀█████████████████
████████████████████████▀▀▀██████████████████████████████████████████████████████



█████████████████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
.
█▀▀▀











█▄▄▄
.
WELCOME BONUS UP TO 7 BTC!
▀▀▀█











▄▄▄█
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█▀▀▀▀▀











█▄▄▄▄▄
.
BET NOW
▀▀▀▀▀█











▄▄▄▄▄█
JahriMeayer
Sr. Member
****
Offline Offline

Activity: 950
Merit: 253


Vave.com - Crypto Casino


View Profile WWW
November 17, 2020, 11:24:37 PM
 #48

Before start trading You need to understand about the crypto industry first.besides you need to control your greed and emotion.there are many way that are used to manipulate marketing. Spreading fud, panic selling, lack of confidence can makes you weak & unremunerative. Should be careful about those matter.then you can start your trading with a amount that you think perfect for you to learn.

Janation
Hero Member
*****
Offline Offline

Activity: 1722
Merit: 528


View Profile
November 18, 2020, 01:10:07 AM
 #49

Before start trading You need to understand about the crypto industry first.besides you need to control your greed and emotion.there are many way that are used to manipulate marketing. Spreading fud, panic selling, lack of confidence can makes you weak & unremunerative. Should be careful about those matter.then you can start your trading with a amount that you think perfect for you to learn.

I don't think newbies would start about this manipulation.

That could lead them to wrong ideas that might destroy them in the longer term. Just let him feel and experience the volatility of the price and if he can control himself, he can just strike at the right time. Predicting the market is his goal in the long run since, without knowledge and experience about cryptocurrencies, he can't predict possible movements and changes.
fishbonez11
Full Member
***
Offline Offline

Activity: 322
Merit: 116


View Profile
November 18, 2020, 02:18:20 AM
 #50

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

As much as possible take a trading course. It takes a lot of experience to learn more about trading. Do not depend on your impulse, trend demands serious study of what's going on.  Knowing that experience is costly, you can start small when starting. Dont put all your funds at once. As you gain experience, gradually increase your funds.
TitanGEL
Sr. Member
****
Offline Offline

Activity: 1036
Merit: 281



View Profile
November 18, 2020, 07:27:23 AM
 #51

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
To become a good trader, you need to learn a lot about economics - finance, and psychology. First, you should read about the example of millionaires to be able to comprehend the idea of trade as well as how they turn $ 100 into $ 1 million. To me, thought is very important throughout your trading process.
In addition, after understanding how to get rich in trading, you need to learn more about psychology. Way to steady psychology and get rid of the temptation "greed", which has made many traders lose a lot. I guarantee that it will take you about a year to master the above skills. The amount you start trading to test your strategies should be only $ 100, subdivide it to make a lot of orders rather than all in slightly bro.


You are actually right because psychology is really important in trading wherein a mindset can affect our overall decisions. For me trading is not about technical terms, it is about mindset where you can choose between a winning mindset or a losing mindset. There are also traders that thinking quick rich in trading that makes to lose huge amount of money not knowing that success in trading is a long-term process usually takes years in order to build a good habits and mindset.

By becoming aware on what we feel, then we can become also aware by our thoughts are forming like that. There are a lot of emotions that should be consider before and after trading like greed, fear, uncertainty and doubt.

█████████████████████████████████████████████████████
█████████████▀▀████████▀▀▀▀▀▀▀█▄██████▀▀█████████████
███████████▀  ▄█████▀   ▄▄▄▄ ▄██▀▄████▄  ▀███████████
█████████▀  ▄██████  ▄█████▄██▀▄  ██████▄  ▀█████████
███████▀  ▄███████  ▄████▄██▀███▄  ███████▄  ▀███████
███████▄  ▀███████  ▀██▄██▀█████▀  ███████▀  ▄███████
█████████▄  ▀██████  ▄██▀██████▀  ██████▀  ▄█████████
███████████▄  ▀████▄██▀ ▀▀▀▀▀   ▄█████▀  ▄███████████
█████████████▄▄█████▀██▄▄▄▄▄▄▄████████▄▄█████████████
█████████████████████████████████████████████████████
███████ ██ ████▄ ▄████ ▄▄ ████ ▄▄ ███ ████ ▄▄ ███████
███████ ▀▀ █████ █████ ▀▀ ████ ▄▄▄███ ████ ▄▄ ███████
█████████████████████████████████████████████████████
                      ▄██▄
██████   ██         ▄██████▄
                  ▄██████████▄
  ██████        ▄███████▀▀▀▀███▄
              ▄███████ ▄████▄ ███▄
            ▄████████ ████████ ████▄
           ██████████ ████████ ██████
            ▀███████▀  ▀████▀ █████▀
█████         ▀███▀  ▄██▄▄▄▄█████▀
                ▀██▄███████████▀
  ██ ██████       ▀██████████▀
                    ▀██████▀
                      ▀██▀
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
jaberwock
Legendary
*
Offline Offline

Activity: 2576
Merit: 1073



View Profile
November 18, 2020, 09:09:51 AM
 #52

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
I have seen plenty of beginners ask me this these questions, especially how much they should use for trading or investment. Just like someone that I taught somethings about Bitcoin and crypto as of recent, and after teaching home about it, he was interested in it and wanted to invest, then the next question was how much he should invest in it. My answer to this question has always been ‘how much are you ready to lose?’ lol.

I ask this particular question so that I can remind them that there is risk, so they know how much they have and how much they are ready to risk in it. It will then be up to you to decide since you know the amount that wouldn’t bother you much if you happen to lose it.

crazy-pilot
Sr. Member
****
Offline Offline

Activity: 861
Merit: 253


SmartFi - EARN, LEND & TRADE


View Profile WWW
November 18, 2020, 01:19:34 PM
 #53

First of all, you need to understand what trading is and its specifics. To do this, you first need to invest in your training, buy courses, spend time watching videos, ask for advice from more experienced traders.
You have to invest to understand how it works, and only then start to act yourself. In the process of training, you can create a demo account on which you can hone your basic trading skills.

████
██
██
██
██
██
██
██
██
██
██
██
████
...The Open..............
...Lending Platform...
████
████
████
████
████
████
████
████
████
████
████
████
████
▄▄█████████▄▄
▄█████████████████▄
▄██████████▀▀▀▀███████▄
█████████▀        ███████
████████▀        ▄█████████
█████████       ▄▀▀██████████
█████████     ▄▀   ▀█████████
██████████  ▄▀      █████████
█████████▀▀       ▄████████
███████        ▄█████████
▀███████▄▄▄▄██████████▀
▀█████████████████▀
▀▀█████████▀▀
.SMARTFI..████
████
████
████
████
████
████
████
████
████
████
████
████
...Join the SmartFi.....
...Token Sale...
████
██
██
██
██
██
██
██
██
██
██
██
████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
SquallLeonhart
Legendary
*
Offline Offline

Activity: 2338
Merit: 1101


View Profile
November 18, 2020, 05:16:12 PM
 #54

Do not forget to practice, there are now many places in crypto world where they give you free fake money like you have dollars, and you start trading and you see what to do, after you learn all of these suggested stuff, you should go test your new learned systems with it for a while and see if you actually learned it well.

If you start to make a bit of money, maybe keep doing the same method there while also adding some new other methods side with the profited side, after a while you will have few methods that will make you money in different conditions. At that point you could start trading for real with the money you have but never forget that you should never trade with money you do not have, if you take a loan or spend money you need on trading it will end very bad.
illnino
Full Member
***
Offline Offline

Activity: 756
Merit: 100


View Profile
November 18, 2020, 08:17:34 PM
 #55

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

I will begin with the answer to the question about the minimal amount. You can spend less than 100 dollars and start trading already. However, before, you will need to learn everything about cryptocurrencies. It will take you months, but it is worth spending time.
sulendra12
Hero Member
*****
Offline Offline

Activity: 2842
Merit: 526


SOL.BIOKRIPT.COM


View Profile
November 18, 2020, 09:15:35 PM
 #56

Can someone point me to where I should begin?
There are lot of guides in youtube to start with. Learn how to use the candlesticks, learn some indicators to help you achieve your goals and don't be afraid to ask someone whose really good at trading to help you! and the important is how to manage your emotions, that's the crucial part of trading imo.

And one more question: What is the minimum amount of money needed to start?
You can start in any amount of you want.

..B.I.O.K.R.I.P.T..|
  BiokriptX Fair Launch is now live in PINKSALE
|🟣 Twitter
🔵 Facebook
🟣 Telegram
Ridwan Fauzi
Full Member
***
Offline Offline

Activity: 1330
Merit: 147


View Profile
November 19, 2020, 12:58:55 AM
 #57

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
In my experience I start to learn about trading is learning how technical analyst work. There are so many strategy about technical analyst, like support and demand, trend line, candlestick pattern, harmonic pattern, fibbonaci and many more.

After that, if you have known those strategy you have to know about fundamental analyst. Because fundamental analyst is strongly affect to sentiment market. Yeah, you will when you start trading later, there is a situation when uptrend is ongoing but in a few time the price drop a lot and change to downtrend market.

As for a capital that you should spend for the first time, I think it is up to you. You have to spend the money that you can afford to lose so you will be comfortable to trade, you will not have a worry to loss and it is bad when you are trading.
BuNga_cute
Full Member
***
Offline Offline

Activity: 1736
Merit: 116



View Profile
November 19, 2020, 02:41:21 AM
 #58

Learning about trading before starting trading is an important thing to do. Because if we don't have knowledge about trading it will be
difficult to determine a good strategy for trading. We start learning trading from the basics first. Lots of guides for starting trading spread
on the internet, study well. Then we will easily make profit from trading, for capital used, adjust to our financial capabilities.

███████ ███████        R O L L B I T               CRYPTO'S MOST INNOVATIVE CASINO               [ PLAY NOW ]        ███████ ███████
//     WHITEPAPER     //          R L B          //     RLB LOTTERY     //
███████ ███████      |       Twitter       |        ►   S P O R T S B O O K   |   [ N E W ]  C L A N S   ◄        |      Discord      |      ███████ ███████
clickerz
Hero Member
*****
Offline Offline

Activity: 1414
Merit: 505


Backed.Finance


View Profile
November 19, 2020, 05:50:15 AM
 #59

OP, what is important to learn how to trade your curiosity first, which will spark your motivation. Learn the basics of DYOR, or Do Your Own Research starting from each coin. Research their White paper as it all started there. Then start your analysis.

There are 2 kinds of Analysis in trading

1. Fundamental Analysis - (FA) is a method of measuring a security's intrinsic value by examining related economic and financial factors. This is also  pertaining to news about the coins,their updates etc. There are 2 types of this a). Quantitative and b Qualitative.

2. Technical Analysis - is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. There are many tools being used on these by analyzing the trading history. It employs models and trading rules based on price and volume transformations, such as the relative strength index, moving averages, regressions, inter-market, and intra-market price correlations, business cycles, stock market cycles or, classically, through recognition of chart patterns.

I hope this is a good start for you, dyor!

Open for Campaigns
tbterryboy
Sr. Member
****
Offline Offline

Activity: 1946
Merit: 322


View Profile
November 19, 2020, 10:09:28 AM
 #60

Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?

I will begin with the answer to the question about the minimal amount. You can spend less than 100 dollars and start trading already. However, before, you will need to learn everything about cryptocurrencies. It will take you months, but it is worth spending time.
You know what, I will rather suggest to invest the $100 into a new altcoin project maybe and try to earn at least $500-1000 before you get into crypto trading because $100 is too small and a trader might lose all the money in fees and other stuffs.

Yes you can start with $100 but spare a thought how would you feel trading all day and earning like $20 per month because 20% ROI is hard and you cannot expect more than that with a new trader.

I think a lot of traders lose their interest because they do not get sufficient profits and hence I would strongly suggest to at start with $500 if you are serious and consider it as a long term option.
Pages: « 1 2 [3] 4 5 6 7 8 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!