Quote from: Alisha FR on September 27, 2021, 06:18:08 PM

Quote from: Jawadu on August 11, 2021, 03:26:03 PM

Quote from: ongsy89 on August 11, 2021, 06:45:03 AM

Hello everyone, I just got introduced into crypto by a friend and would like to know how do I go about doing it. Have went through lots of tutorials from different places but did not quite understand how to use them and what to see. That's when I thought a forum would be the next best place to place such a question.

Dear friend, welcome to the crypto world and to the Bitcoin forum.

(1) The first thing that will help you to understand the basics of crypto is patience! You need patience because it will take your time to understand crypto in-depth, without patience it will be hard to understand and you may hate crypto.

(2) The second thing is practice. You need to practice what you have learned so that you can have it on your mind FOREVER. There are many crypto software that will help you with this. You can search on google but I also recommend Trading view.

(3) The last thing is plans! Before start trading, you must know why you trade, what amount of capital you want to start with (I recommend small at the beginning), which coins/tokens do you want to trade, and etc.

There are many basic things you must understand before starting to trade, but for now, you can start with those 3 and later you will become a PRO automatically. Goodluck!

I will add one more thing, namely "Management" traders must have good management in trading. Management is the most important factor in managing profits, if start with a small capital then some of the profits fold for the next trading capital and some are enjoyed as a result of trading. And don't be greedy, because in the next trade we will not be able to ensure the same profit as the trading at the beginning. So at least you have enjoyed the trading results.

Something that I could add but that most do not do, is to choose the platform or exchange to trade, and trade with play money, the reason is simple:

1.- You test the plan.

2.- You learn to react to the market if there is a significant movement.

3.- You learn to use Stop Loss and Take Profit well, as well as many more tools.

And not only this, it is also necessary to learn to handle any Exchange tool so that the trader when making trade does not lose money in unnecessary operations.