lentilmental
Regular Member
- Aug 29, 2020
- 232
- 71
Following but honestly, I think the simplest advice here is probably all you need.
How to learn bitcoin trading?
- Thread starter beastkay
- Start date
BabaLoos
Registered Member
- Apr 22, 2019
- 89
- 18
Technical analysis....is what you need to follow..1. candle sticks..2. reversal patterns..3.How to know the trend....4. support resistance...5...Fibonacci...6. Elliot wave....7...Harmonic patterns....Its a lot of information and practice...you have to like it to learn....I have some videos....but like I said ..its alot of dry info if you are not into it....
CryptoMoonFortune
BANNED
- Feb 18, 2021
- 38
- 12
I think you need to read a lot of information about promising coins and tokens. Then form a certain portfolio, buy and wait/hodl for best opportunities.
BabaLoos
Registered Member
- Apr 22, 2019
- 89
- 18
You know whats funny is that ......Buy low Sell High....slogan...people that use it ...as if they know how to trade....but in reality.....they couldnt even recognize Highs/Lows......lol
BabaLoos
Registered Member
- Apr 22, 2019
- 89
- 18
Fundamental analysts are concerned with the difference between a stock's value, and the price at which it is trading. Technical analysis is concerned with price action, which gives clues as to the stock's supply and demand dynamics – which is what ultimately determines the stock price.
So you have two ways to analyze a stock.......
But Fundamental does not apply to crypto......nothing supports its value....
So BTC is traded enough, to use technical analysis...
BabaLoos
Registered Member
- Apr 22, 2019
- 89
- 18
Trade Bull market...go long......Trade Bear market short the crypto.....thats how traders work..........recall a recent short squeeze game stop stock....?
BabaLoos
Registered Member
- Apr 22, 2019
- 89
- 18
Most people dont know that you can trade Bear market....(how can you if prices are dropping) this is when you short....a stock.....which means you are betting against it....say Shit coin is at $9 .and you think its going to go up a little and drop....so you short...by borrowing 1000 shit coins form your broker..sell them on market for 9- 10....and then it drops to 5....so you buy 1000 shit coins for 5000 return coins to your broker and keep the change........that is shorting..
WoyThe2nd
Banned - Inappropriate behavior
- Feb 21, 2021
- 281
- 226
Its simple. Just sell higher than where you bought at. Cant be easier than that. Ez game
BabaLoos
Registered Member
- Apr 22, 2019
- 89
- 18
O OK .....Really...what if you bought it at the top.....or Hight?
WoyThe2nd
Banned - Inappropriate behavior
- Feb 21, 2021
- 281
- 226
Just wait for higher price. Its that simple
jorun
Junior Member
- Sep 15, 2020
- 196
- 178
+1
If you don't want some bullshit moon boy shit and actual good TA, you should check him out.
I have a champion's membership as well and man the amount of actual good TA knowledge in this group is insane.
SocialEyez
Power Member
- Aug 6, 2018
- 746
- 670
That was funny to read i must admit.
i gave up quite quickly on daytrading, specially if you joke about it being like betting.
It will always be betting, its just a gamble that you can become pro at making.
Its somehow like Poker, but with even better odds depending on your knowledge.
Still its odds and bets, and betting on all of my money or on big sums in general is not my thing.
And if you bet small - you earn small, which than just wastes your time.
I would look at it as an investor, yes investing in crypto or even in stocks, can be interesting, if you know what your'e doing.
i gave up quite quickly on daytrading, specially if you joke about it being like betting.
It will always be betting, its just a gamble that you can become pro at making.
Its somehow like Poker, but with even better odds depending on your knowledge.
Still its odds and bets, and betting on all of my money or on big sums in general is not my thing.
And if you bet small - you earn small, which than just wastes your time.
I would look at it as an investor, yes investing in crypto or even in stocks, can be interesting, if you know what your'e doing.
CyberCommander
Power Member
- Dec 30, 2019
- 637
- 735
you cant learn it. The market is manipulated from the big players and miners.
HunterLife
Banned for rules violation.
- Feb 27, 2021
- 1,184
- 669
Instagram and Youtube is Good Place to Learn Anything
chongjasmine
Registered Member
- Jun 3, 2016
- 59
- 4
Search Udemy for some courses you can take.
With a different device than you leverage trade with draw a line through the middle of the ups and downs of green and red using a Tick chart script on trading view the price for that will be on your right. Put a limit buy for that price in a futures leveraged trade to look up that would be like. " xrpusdtperp" perpetual futures contract is what its called so anyways when you have entered in to an active trade after your price came up then if you went long then sell it when the green goes above the line its up to you where a d when you short then sell when its below it. Do some adjusting with your leverage and Mount you buy in with to make sure you can ride out the lows till its up again or set stop losses