How To Trade Bitcoin Cryptocurrency for Beginners



Get an additional $10 in Bitcoins from Coinbase when purchasing through my referral link Here is a quick beginner’s guide on …

39 Comments

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  9. … so in this example are you saying that the buy happens once the price goes down to your set price? Then you watch it to see if it goes up to your liking to then sell at a profit… AND I assume for a trader this is done all day, in and out.. But you need the wallet for that particular coin to xfer into cash? Please advise. Landover@Landover.ws Thank you

  10. I have seen couple of posts here about Holding being the best crypto strategy. i have to say this holding on its own is not a strategy; you need an exit point. I am writing this article to raise attention to the belief that BLIND holding of any crypto has risks. Remember, nobody knows what will happen, we only speculate. Bitcoin could have peaked; it may now drop and never see the high prices we have today. I don't think this will happen, but it could.The main issue I have with blind holding is that it often justifies bad trades it's a life gamble example:"I bought Ethereum at $400, I believe it will change the world, and I am holding for the long term". Sure, what you mean is, I had FOMO, I bought more than I should at a stupid entry point, and now it has dropped to $145 I am shitting myself."I sold my house and put it all into Bitcoin; I will be a millionaire in 10 years." Sure, what you mean is, I have gambled your life on a new volatile market. it's also a big you miss out on other opportunities. Ripple is another great example of this. Those who went all in on Ripple with a hold strategy during the May spike had investment locked up during the current market resurgence.The problem with holding rears its ugly head during a bad trade. A great example of this is Ripple, which spiked at over $0.40 earlier this year and has been in decline ever since, dropping to under $0.14 and now sitting at around $0.18. Youtube is full of long term holders who bought high and shooting out their hold memes. While holding with a coin such as Bitcoin can work as it has been setting new highs since it was invented, it does not mean this will work for other coins. This blind belief that every crypto will always go up forever is madness.A perfect example of the stupidity is with posts on YT channels like this:You wake up, and Ripple hits $5So what the person who is posting this is saying is, you go to bed and then wake up and Ripple jumps nearly 3,000% and has a market cap of around $149,512,621,407. Yeah sure. What happens if I go to bed and wake up with Garth brooks in my bed? It would be cool, but it isn't going to happen. Crypto brings in new investors every day, this kind of nonsense can lead to bad trades and losing money. This is then reinforced by the belief that just by holding you will one day be rich. Remember, nobody knows what will happen.Sure, have holding as part of your plan but what is your exit strategy? What are your short term goals? What happens if an investment turns on you? Have you invested more than you can afford to lose? What happens if you make a trade and two years later you are still in negative.

    On a final point, Firstly i would advise investors to trade as their exit plan(Trading bitcoin is new and highly fragmented with huge spreads. It can be extremely profitable for professionals or beginners). Secondly, basic economic rules of supply and demand counter this point. If people hold, they are reducing supply and thus driving up the market price. I would make more money by everyone holding. By encouraging people to Find a trading platform that has at least 98% win rate and after testing, either as strategies or signals, be disciplined enough to stick with it. If you haven’t heard of Mrs Rose Parker, I’d be surprised because She has one of the best trading platform and signals for trading. She actually taught me most of what I know and I made my first $100,000 using the platform she introduced me to in just over a year. You can mail her on roseparker3037@ gmailcom, if you need some help and have questions about being consistently profitable trader.

  11. Instead of wasting my precious time studying bitcoin rate before i can buy , i go for hack and 24hrssoftcyberhack@gmailcom helped me out at cheaper rate. Bitcoin to the moon 100% then i'm gonna be smiling to the bank by then!

  12. As a beginner trading cryptocurrency was not really easy for me until Mrs Michelle philips came through for me, i lost so many trade until i met her, since then i have been making a lot of profits trading bitcoin

  13. i hope you can take some productive critisisem..

    you speek alot wth out saying anything in this video.
    its like me when i try to stay awake, soo its like speek not to fall asleep

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  17. FOMDIM. FATHER. LISTEM. TO. BIT. KOIMS. IM. HOME. OF. VAMPIRE. IM AMERICA. IM. 21. ST. CEMTURY. MIAMI. DEDE. KOMY. PREKIDEMT. GEORGE. BOUCHE. Mou. Bay. Georges. Bouches. Washimgtom. Chita. Koumye. A. Mom. Lomdry. Room. La. Pour. Momkor. Tamde. Bit. Koims. Kokol. Mom. You. Tube. Mom. Vampire. You. Yube. Koims. Based. Dr. Alaim. Framklim. Fr. Marie. Carolime. Pikiom.

  18. FOMDIM. FATHER. LISTEM. TO. BIT. KOIMS. IM. HOME. OF. VAMPIRE. IM AMERICA. IM. 21. ST. CEMTURY. MIAMI. DEDE. KOMY. Mou. Bay. Georges. Bouches. Washimgtom. Chita. Koumye. A. Mom. Lomdry. Room. La. Pour. Momkor. Tamde. Bit. Koims. Kokol. Mom. You. Tube. Mom. Vampire. You. Yube. Koims. Based. Dr. Alaim. Framklim. Fr. Marie. Carolime. Pikiom.

  19. FOMDIM. FATHER. LISTEM. TO. BIT. KOIMS. IM. HOME. OF. VAMPIRE. IM AMERICA. IM. 21. ST. CEMTURY. Mou. Bay. Georges. Bouches. Washimgtom. Chita. Koumye. A. Mom. Lomdry. Room. La. Pour. Momkor. Tamde. Bit. Koims. Kokol. Mom. You. Tube. Mom. Vampire. You. Yube. Koims. Based. Dr. Alaim. Framklim. Dr. Marie. Carolime. Pikiom.

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