Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best? I understand this is most different from what people think.. but it cant hurt to read it all.
First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me
For starters, you can really learn everything about trading itself. And you also have to understand crypto itself in more depth because your trading goal is the crypto market, of course. You just have to remember this, namely Don't be in a hurry to be able to make a lot of money from trading in a short time. Be patient and try to read more, watch more trading guides and watch videos of traders on youtube and such. And try practicing in the market with small capital and don't immediately use large capital. And the steps to understand about trading are quite simple. only limited to technical and fundamental analysis. And someday you will also have to understand sentimental analysis. And then before starting trading you also have to be able to manage your finances well. Because good money management is also needed in trading to minimize the risks taken. Oh yes, you also have to understand psychology in trading, where the mentality in trading also needs to be studied seriously. Because most of those who experience big losses in crypto trading are those who cannot control their psychology when trading. Or people also usually call it emotional management. And the two most important things in emotional management are controlling greed and fear.