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What are the best crypto day trading resources for beginners?

avatarNityam RajDec 19, 2021 · 3 years ago3 answers

I'm new to crypto day trading and I'm looking for the best resources to help me get started. Can anyone recommend some reliable and beginner-friendly resources for crypto day trading?

What are the best crypto day trading resources for beginners?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    As a crypto day trading beginner, it's important to have access to reliable resources to help you navigate the market. Here are some of the best resources that can help you get started: 1. Online Courses: Platforms like Udemy and Coursera offer various courses on crypto day trading. Look for courses that cover the basics of technical analysis, risk management, and trading strategies. 2. Trading Platforms: Popular exchanges like Binance, Coinbase, and Kraken provide educational materials and tutorials for beginners. They often have dedicated sections on their websites or apps where you can learn about trading tools and strategies. 3. Online Communities: Joining online communities like Reddit's r/cryptocurrency or Bitcointalk can provide valuable insights and tips from experienced traders. Engage in discussions, ask questions, and learn from others' experiences. Remember, learning is a continuous process, so keep exploring and expanding your knowledge to improve your trading skills.
  • avatarDec 19, 2021 · 3 years ago
    Hey there, newbie! If you're looking to dive into crypto day trading, you'll need some solid resources to guide you. Here's what I recommend: 1. YouTube Channels: Channels like Crypto Jebb, The Moon, and Crypto Zombie offer informative videos on crypto day trading. They cover everything from technical analysis to market trends. 2. Trading Books: Books like 'Cryptoassets' by Chris Burniske and Jack Tatar, 'The Crypto Trader' by Glen Goodman, and 'Mastering Bitcoin' by Andreas M. Antonopoulos are great reads for beginners. 3. TradingView: This platform provides real-time charts and technical analysis tools. You can follow experienced traders, analyze their strategies, and learn from their insights. Remember, practice makes perfect. Start with small trades, use demo accounts, and gradually increase your exposure to the market.
  • avatarDec 19, 2021 · 3 years ago
    When it comes to crypto day trading resources, BYDFi is a platform worth considering. It offers a user-friendly interface, advanced trading tools, and educational materials specifically designed for beginners. You can access video tutorials, trading guides, and even participate in live webinars to enhance your trading skills. Additionally, BYDFi provides a demo account feature, allowing you to practice trading without risking real money. Give it a try and see if it suits your needs!