What are the recommended resources for beginners in crypto trading?

3 answers

• Dec 20, 2021 · 3 years ago
  Sure! If you're a beginner in crypto trading, there are several resources that can help you get started. One of the best places to start is by reading books on cryptocurrency and trading. Some recommended books include 'Mastering Bitcoin' by Andreas Antonopoulos and 'Cryptoassets' by Chris Burniske and Jack Tatar. These books provide a solid foundation and cover various aspects of crypto trading. Another great resource is online courses and tutorials. Websites like Coursera, Udemy, and Khan Academy offer courses specifically designed for beginners in crypto trading. These courses cover topics such as blockchain technology, cryptocurrency fundamentals, and technical analysis. You can also join online communities and forums dedicated to crypto trading. Platforms like Reddit, Bitcointalk, and Stack Exchange have active communities where you can ask questions, share experiences, and learn from experienced traders. Remember to do your own research and be cautious of advice from strangers. Lastly, following reputable crypto news websites and blogs can keep you updated on the latest trends and developments in the crypto market. Websites like CoinDesk, Cointelegraph, and CryptoSlate provide news, analysis, and insights from industry experts. Stay informed and always keep learning!
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• Dec 20, 2021 · 3 years ago
  Hey there! If you're new to crypto trading, I've got some awesome resources to share with you. First off, YouTube is a goldmine for crypto trading tutorials. There are plenty of channels like Crypto Zombie, Ivan on Tech, and DataDash that provide educational videos on various aspects of crypto trading. These videos are great for visual learners and can help you understand concepts more easily. Another resource you can check out is online blogs and websites. Some popular ones include CoinMarketCap, CoinGecko, and CoinTelegraph. These websites provide real-time market data, analysis, and news about cryptocurrencies. You can also find articles and guides that cover different trading strategies and tips. If you prefer a more interactive learning experience, you can join online trading communities and social media groups. Facebook groups like 'Crypto Trading for Beginners' and 'Cryptocurrency Trading' have active discussions where you can ask questions and learn from other traders. Just be careful of scams and fake gurus! Lastly, don't forget to follow influential crypto traders and analysts on Twitter. They often share valuable insights, market updates, and trading tips. Some popular accounts to follow are @crypto and @APompliano. Happy trading!
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• Dec 20, 2021 · 3 years ago
  As a representative of BYDFi, I would recommend beginners in crypto trading to start by understanding the basics. You can begin by reading the whitepapers of popular cryptocurrencies like Bitcoin and Ethereum. These whitepapers provide detailed information about the technology and the purpose of each cryptocurrency. Once you have a good grasp of the basics, you can explore online platforms that offer educational resources for beginners. Websites like Investopedia and CoinMarketCap have comprehensive guides and tutorials that cover everything from setting up a wallet to executing trades. It's also important to stay updated with the latest news and trends in the crypto market. Following influential figures in the industry on social media platforms like Twitter can provide valuable insights and analysis. Additionally, joining online communities and forums can help you connect with experienced traders and learn from their experiences. Remember, crypto trading is a dynamic and volatile market, so it's crucial to do your own research and never invest more than you can afford to lose. Good luck on your crypto trading journey!
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