Post
Topic
Board Trading Discussion
Re: Best guide amd step to learn to buy and trade
by
BlackBoss_
on 01/06/2024, 02:15:00 UTC
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.
Don't hurry too much, calm down and don't join the market with trading if you don't have understand about it. Use your time to learn about this market, and start when you feel you have good knowledge already.

Awesome Cryptocurrency Trading.

When you finish your learning, start with Spot trading for purchasing your bitcoin, and withdraw it to your non custodial wallet. Hold your bitcoin, you will get good profit next 6 months and longer time even without need to trade daily.

Don't use margin and futures trading as a newbie in this market, you will lose your bitcoin.
Forced Selling (or Forced Liquidation): Definition and Examples

Quote
First i just want to buy bitcoin for around 1000€.
Do as above recommendation and you can buy it with one purchase or do DCA.

An example with $40 DCA each month, do this last 4 years. You can see good ROI.
https://dcabtc.com?sd=2021-06-01&sda=3_years&f=monthly&d=4_years&ac=4000&c=false