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Author Topic: What do you need to learn to make profit in Crypto?  (Read 267 times)
UserU
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May 14, 2021, 04:55:57 AM
 #21



Yes it is! I used to play csgo years ago Tongue

Ayyyy, nice to see someone that plays CSGO here Smiley

Back on topic, price volatility is very high so your 1000% gains today could be 800% losses tomorrow.

Since you're a newbie, go for reputable coins that have use cases. Besides the granddaddy (BTC), ETH, BNB, VET are good choices. If you took advantage of the dip yesterday, you should have made some gains.

HODL is important. You never lose if you don't sell. DCA if you can; i.e. buying more whenever the price drops.

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traderethereum
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May 14, 2021, 11:06:07 AM
 #22

What do you want from crypto?
If you want to make money, you should learn anything about making money from crypto, especially from trading and other ways.
If you want to earn free coins or rewards, you can join with many projects and help the project promote and spread it on many websites.
If you want to learn about blockchain, I guess you need to have a skill because that will be related to coding or something like that.

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May 14, 2021, 01:30:52 PM
 #23

I'm new to crypto still and I was wondering what should I be learning if I want to make profit from crypto? I was thinking just learn how blockchain works then smart contracts then learn PoW and PoS etc. Then maybe I learn some about popular coins then I just learn to use graphs and learn to trade. I already know about wallets and scam attempts phishing etc.

Is my strategy good or is this not good?

Any help is greatly appreciated.


You are on right place already better focus on trading for a while and enhance your skills since from that option you can earn quite decent amount compare to the other options and possible it can give you long term profits if you became a good traders.

If you want to know more infos and ideas you can search a good tutorial as well other explainer video's on youtube.

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May 14, 2021, 07:36:27 PM
 #24

You need to read as much as possible. Join forums like this, telegram groups and discord groups. Understand that it is always supply and demand, which can be manipulated by FUD and fake claims etc. There is always an element of risk.
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May 15, 2021, 09:47:12 PM
 #25

You need to learn not just one crypto but also other crypto. It is also good that you are knowledgeable about other crypto if you want to pay less fee. It really depends on what you want to do like trading, investing and more but first you need to know what you want to do before learning in that field. Good luck.

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May 16, 2021, 03:01:25 PM
 #26

Your strategy is well ok, but making profit in crypto can be done in diverse ways, e.g either by trading, staking, lending, betting and hodling. And this is left for you to choose which one best fits your style. But apart from that, we still have websites which you really need to follow to gets updated on daily happenings in the crypto world, such as coinmarketcap, coingesto, cryptocompare, tradingview and here at bitcointalk, because at this forum, you get to meet experts in cryptocurrency who are ready to offer there advise for free..
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