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What are some recommended resources for beginners to learn about futures trading in the cryptocurrency industry?

avatarAshish GuptaDec 16, 2021 · 3 years ago2 answers

Can you recommend some reliable resources that beginners can use to learn about futures trading in the cryptocurrency industry? I'm looking for sources that provide comprehensive information and guidance on how to get started with futures trading in the crypto market.

What are some recommended resources for beginners to learn about futures trading in the cryptocurrency industry?

2 answers

  • avatarDec 16, 2021 · 3 years ago
    There are several resources that beginners can use to learn about futures trading in the cryptocurrency industry. One popular option is to join online communities and forums dedicated to cryptocurrency trading. Platforms like Reddit and Bitcointalk have active communities where you can ask questions, learn from experienced traders, and get recommendations for educational resources. Another option is to enroll in online courses or attend webinars. Websites like Udemy and Coursera offer courses on cryptocurrency trading and futures trading specifically. These courses are often taught by industry experts and provide a structured learning experience. If you prefer reading books, there are several titles that cover the topic of futures trading in the cryptocurrency industry. Some recommended books include "Mastering Bitcoin" by Andreas Antonopoulos and "The Basics of Bitcoins and Blockchains" by Antony Lewis. Lastly, don't forget to explore the educational resources provided by cryptocurrency exchanges. Many exchanges have dedicated sections on their websites where you can find tutorials, guides, and articles on futures trading. Just make sure to choose reputable exchanges with a strong track record. With these resources at your disposal, you'll be well-equipped to start your journey into futures trading in the cryptocurrency industry. Happy learning!
  • avatarDec 16, 2021 · 3 years ago
    When it comes to learning about futures trading in the cryptocurrency industry, there are plenty of resources available for beginners. One popular option is to follow reputable cryptocurrency news websites and blogs. These platforms often publish educational articles and guides on various trading topics, including futures trading. Another great resource is online video tutorials. Platforms like YouTube have channels dedicated to teaching cryptocurrency trading, and some of them cover futures trading as well. Watching these videos can give you a visual understanding of how futures trading works in the crypto industry. If you prefer a more interactive learning experience, you can join online trading communities and participate in discussions. These communities often have experienced traders who are willing to share their knowledge and provide guidance to beginners. Lastly, don't forget to practice what you learn. Opening a demo account on a cryptocurrency exchange that offers futures trading can help you get hands-on experience without risking real money. This way, you can test different strategies and gain confidence before diving into live trading. By utilizing these resources, beginners can gain a solid foundation in futures trading and navigate the cryptocurrency industry with more confidence.