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Author Topic: Quick way to learn bitcoin trading  (Read 942 times)
jayman5 (OP)
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March 22, 2024, 10:09:27 PM
 #1

Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started
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March 22, 2024, 10:36:15 PM
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 #2

How about the Binance Academy? It should be the quickest source to learn about trading. Check the following link

- https://academy.binance.com/en/articles/a-complete-guide-to-cryptocurrency-trading-for-beginners

I also want to suggest for technical analysis if you want to learn how to read candlesticks check this link "CandleStick APP" once you learn you can apply your strategy into a live trading app with paper money check this link "Stock Market Simulator Game".

For more trading guides check the link below
- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

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Bitcoin_Arena
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March 22, 2024, 10:55:37 PM
 #3

Trading has more to do with practice than just theory.

Yes, you will read and watch video but minus practicing and keeping important aspects like your emotions in check, then you will have learned little about trading. Trading material is almost everywhere. YouTube, invest, investopedia.com, fool.com, babypips.com etc

You need to have a demo accounts in one of the exchanges so that you can actually practice trading too after a while.

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March 22, 2024, 11:00:33 PM
 #4

...
I get that you may be in a hurry to learn and start trading, so you can also quickly start making profits. It is not impossible to make profit from trading now if you start, but it may just be beginners luck. If you intend to make profits from trading consistently into the future, you need to invest time into learning because the learning process cannot be shortened or escaped. The only way I know that can help you to learn quickly both knowledge and some experience is learning from someone. Learning from someone can make learning easier, as the person will be able to give a good summary and let you know what you need to know as a beginner, and also what you also need to be doing to improve in knowledge.

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March 22, 2024, 11:28:12 PM
 #5

I want to give you a heads up as you begin your trading journey. The first heads up is to know that whatever information you require to learn to trade is readily available in the public domain for free. Do not seek out any paid courses. Secondly, I want to guess that you are a smart person judging from your finance back. So, you should have no problem being able to find good traders online with verifiable results. Once you have perfected the foundational level of trading, you should spend a lot of time in practicing using demo accounts. A user has recommended using trading view for charts, I second that too.

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March 22, 2024, 11:49:19 PM
 #6

Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started
You watch videos or read blogs about trading in crypto currency not just bitcoin and zi think theres someone who already recommend you binance acedemy, but the thing is you should be ready to spend some money in order to learn many things in trading and also no matter what study you will do if you will not practice to do trading execution then you will nit ge the hang of it, so I recommend that while you are learning about trading practice in demo trading in order to apply what you have learned little by little you will get the hang of it and you may discover ways of how can you earn based on what style you eant. Many bew traders mistakes is that they will practice trading in live account right away, no, you should familiarise first in the market before you can fully execute in live account that will result you money as you are prone to lose without proper experience.

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March 22, 2024, 11:54:13 PM
 #7

Although there are many newbies that just easily get some lucky wins in trading but in a long run the trading journey is not something you can hasten. My first advice to you is to find or identify the pattern in which you wish to learn and perfect it. There are many trading techniques although they might look similar they are different, pick one and constantly Learn about that pattern and perfect it, and not jumping from one strategy to another.

Another important point is under go a risk management class been it free or Paid class. There are traders today that have the substantial knowledge for analyzing the market but they easily go rekt or liquidated due to lack of proper risk management. The knowledge of risk management helps you on how to manage your position and how many size you need to open and lots more

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March 23, 2024, 02:12:36 AM
 #8

You should not learn any work easily because if you do any of these jobs in the government, you will not complete that job well or you will complete it by turns or everything will seem very little by little.  But if you read well or learn well on that subject then you can learn everything well from the beginning but if you want to learn everything about government then you will screw up or you will play a mess.  There is a 99 percent chance that you will learn about Bitcoin very easily because you will lose a lot of money in the case that you learn Bitcoin slowly.
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March 23, 2024, 04:56:06 AM
 #9

Trading crypto is no different than trading stocks. You can even use the same indicators. Just know that with bitcoin or any type of crypto trading you are allowed to withdraw your coins after your purchase them and keep on self custody.

This is important because Bitcoin exchanges aren’t protected in the same way as investment brokerages. Those you got protection if the firm goes under but if the exchange goes bankrupt then all your money is gone. Just like Ftx and MtGox.

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pinggoki
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March 23, 2024, 05:10:58 AM
 #10

Try paper trading OP, there's a website out there that you can practice how you trade, that way you're risking less money and you're getting the experience of trading. The experience you'd get there is definitely a big factor to how you will be able to trade with real money. It would also be a good idea to learn from other people that have been trading, ask questions like what you're doing right now, that's probably the best thing that you can do when it comes to learning how to trade, also don't make the mistake of trading more than what you can afford to lose, that amount of money should be something that you wouldn't mind losing and if the money that you can afford to lose is too small to make a decent trade or a decent win, you'd probably need to look for other ways to make money because you don't want to end up putting a lot in it and losing a lot and then you end up with no money for your basic needs. Don't come into trade expecting that you're a prodigy, that's the wrong attitude even if you did practice, crypto trading is an ever volatile market so keep that in mind.



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March 23, 2024, 06:10:05 AM
 #11

There is no "quick way" to learn bitcoin/crypto trading or trading in general just like how there is no quick "quick way" to learn investing and other things like design/programming and stuff. This crap takes time.

But here's a decent source as far as I've heard: https://www.youtube.com/playlist?list=PLvkpxFSTppmnQ7A5DP386zEKU0Tv_fatm

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March 23, 2024, 06:18:08 AM
 #12

Yes, of course, I'll explain the best way.

1. Follow the influencer of the moment.
2. Use a demo account and believe that when you trade with real money you will do just as well.
3. Start with little capital believing that you are going to get rich.
4. Use leverage.
5. Make many operations per day.
6. Lose all your money.
7. Realize that trading is a very good way to lose your money.
8. Leave trading for good and dedicate yourself to other ways of making money.

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March 23, 2024, 07:40:44 AM
 #13

Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started
That depends on what you understand by learning to trade quickly, if you are thinking on terms of days or weeks this is impossible, you will need at least a few months, and that is just to grasp the theory.

Then you will need a few more months to device a strategy that works and finally you will need a few more months to put in practice all of what you have learned, so at best we are talking about 6 to 9 months to learn how to trade, and that is if you began now, but a more realistic schedule will be for you to learn how to trade in one to two years.

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March 23, 2024, 08:36:13 AM
 #14

The shortest way is to learn the basics of trading, and cryptocurrency trading is not much different from traditional trading. After you learn the basics, you can create a demo account and delve deeper into testing strategies until you create your own style.
Trading varies depending on the goals, so without specifying your goal and profit margin, trying to imitate or learn quickly from another person will lead to losses.

you can start with ---> https://www.youtube.com/@DaytradeWarrior

How about the Binance Academy? It should be the quickest source to learn about trading. Check the following link 
Binance Academy is good as an article or encyclopedia for looking up vocabulary, but it is bad as a learning tool because the articles are not written by experts or updated regularly.

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March 23, 2024, 08:43:31 AM
 #15

Hi is there a quick free beginner course to learn crypto trading anyone can recommend?

Courses cannot completely improve your skills in trading. I think learning trading is about persistence, no matter how much money you spend on learning, but without persistence and good emotions, you will fall. In my opinion, the course only teaches theory and maybe it is good for knowledge. But you must have  the guts to try it with your own hands.

You may be able to find free courses on major exchanges like Binance and others. You can create a demo account to try out the analyzes that you have learn on the course. After understanding it, you need to try it on a real account. Do it slowly, no need to rush. Here you need to train your emotions well. Maybe it's easy to write it down, but it's not easy to put it into practice. The point is that you have to have persistence to trade.

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March 23, 2024, 09:44:55 AM
 #16

Trading has more to do with practice than just theory.

Yes, you will read and watch video but minus practicing and keeping important aspects like your emotions in check, then you will have learned little about trading. Trading material is almost everywhere. YouTube, invest, investopedia.com, fool.com, babypips.com etc

You need to have a demo accounts in one of the exchanges so that you can actually practice trading too after a while.

Crypto trading learning materials are available at your fingertips in the social media, BitMaxz, has generously provided the OP with informative and educative links for him to get started, and when he's gotten enough theoretical experience, then he'll have to face the real deal, being practical. To minimize loses, let him not be in a hurry to get started, he can take your advice and start with demo trading, then eventually enter the real trading with capital, it's also good if he can get an experienced trader to mentor him practical in the early stage. Trading is hard and not a short cut to riches, that is why newbie traders should trade with the amount that they can afford to loose, till they gain the needful experiences.

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March 23, 2024, 10:21:09 AM
 #17

usually the best courses are the one coming from the exchanges though in my opinion since it sometime also give comprehensive guide to their own UI as well if you used their service so in my opinion try to find the tutorial or atleast article about the trading whether its future or spot from the exchange that you think trusted but be sure to choose a really trusted exchange otherwise you are wasting time.
in this case as many have mentioned binance have quite good resource for learning but i will speak the truth that in knowing how to trade spot you only need to know the basic principle of sell order and buy order then I think you will eventually get a grasp of how to trade later on when you're getting used slowly this is why using demo account is sometime quite effective since you can experience trading by yourself.
only when it comes to something that is more complicated like leveraging with future and so on then you will need resource to not misunderstand some feature and make accident where you might lose your money in the future I think thats already what you need to know.

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March 23, 2024, 10:22:28 AM
 #18

Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started
There is no quick way to learn trading, it takes years to master

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March 23, 2024, 10:26:02 AM
 #19

Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started
There are a lot of free resources so there's no need for you to pay any money for someone that will drop you a link of how to trade bitcoin for beginners (101). These links are from Binance and you're free to read it.



 

 

 

 

 

 


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March 23, 2024, 10:38:25 AM
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 #20

Hi is there a quick free beginner course to learn crypto trading anyone can recommend? (no scam we`ll make you money if you give us money links please)

I have a financial background so its not completely alien to me just looking for something to get started
There is no quick way to learn trading, it takes years to master

In general sense then trading isnt a skill that could really be learnt up on a short period of time or with less effort or hardwork. It would really be taking up time for you to have a good grasps with it.
It is really just that you shouldnt really be rushing up yourself on learning it because it would really be creating that kind of rush which would be ending up on desperation. This is why it would be always best that you do take it slowly and really be able to learn those things along the way. @OP, links given above are precise and on point which its no need for me to repeat it out and i would really be suggesting that it should
be taken up slowly so that  you wont really be that rushing yourself on doing those things.

There's no quick way on which everything comes into line and step by step. As you do go forward then you would really be finding yourself be able to learn
on new things which would really be something beneficial for you in long term.

R


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