Post
Topic
Board Trading Discussion
Re: Trading as a newbie - advice?
by
WatChe
on 20/07/2023, 19:31:05 UTC
It’s a great idea to just settle down and learn the basics about trading rather than jumping into it. And once you learn a thing or two I would first advise you to use the Demo account provided by some exchanges. This will also guide you and then start off with your won funds but make sure you start with small amounts to minimize the risk of losing huge amount.

Here is a thread of books about cryptocurrency basics and trading by Ratimov; big library of bitcoin and blockchain books

Here is also a awesome trading tips on GitHub

Cryptocurrency market is not like a gambling industry where anyone can  come in and roll the dice rather it needs proper knowledge and expertise. If you are jumping into cryptocurrency without prior knowledge then chances are that you will lose money (as many  new comers do). Demo account is good for practice but real experience comes from the account that is backed by capital. Make sure you don't invest too much, which you can't afford to lose.