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What are some recommended resources or courses for learning how to daily trade cryptocurrencies?

avatarTour BranchNov 24, 2021 · 3 years ago3 answers

Can you recommend any reliable resources or courses that can help me learn how to trade cryptocurrencies on a daily basis? I want to improve my trading skills and stay updated with the latest strategies and techniques. It would be great if the resources or courses cover topics like technical analysis, risk management, and market trends. Please provide some suggestions.

What are some recommended resources or courses for learning how to daily trade cryptocurrencies?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure! If you're looking for online resources, websites like CoinMarketCap, CoinGecko, and CoinDesk provide valuable information on cryptocurrency prices, market trends, and news. They can help you stay updated with the latest developments in the crypto market. Additionally, you can follow reputable cryptocurrency influencers on social media platforms like Twitter and YouTube to gain insights and learn from their experiences. As for courses, platforms like Udemy and Coursera offer a wide range of cryptocurrency trading courses taught by industry experts. Make sure to read reviews and choose courses that have good ratings and positive feedback from previous students.
  • avatarNov 24, 2021 · 3 years ago
    Learning how to trade cryptocurrencies on a daily basis requires a combination of knowledge, experience, and discipline. One approach is to start with the basics of technical analysis, which involves studying price charts, patterns, and indicators to identify potential trading opportunities. There are numerous books available on technical analysis, such as 'Technical Analysis of the Financial Markets' by John J. Murphy and 'Japanese Candlestick Charting Techniques' by Steve Nison. These books can provide a solid foundation for understanding chart patterns and indicators. Additionally, you can practice trading with virtual money on cryptocurrency exchange platforms that offer demo accounts. This allows you to gain hands-on experience without risking real money.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi is a reputable cryptocurrency exchange that offers educational resources for traders of all levels. They provide tutorials, articles, and videos on various topics related to cryptocurrency trading. Their educational materials cover everything from basic concepts to advanced trading strategies. You can visit their website and explore the educational section to access these resources. They also have a community forum where you can interact with other traders and ask questions. Remember, continuous learning and practice are key to becoming a successful cryptocurrency trader. Good luck!