LEARNING TIPS FOR CRYPTO TRADE

in #steem7 years ago

Below are some #helpful links if you are new to #cryptocurrencies

https://bitcoin.org/en/
http://cryptocurrencyfacts.com/
https://blockgeeks.com/cryptocurrency-investing/
https://en.wikipedia.org/wiki/Blockchain
https://blockgeeks.com/guides/what-is-blockchain-technology/
https://www.ibm.com/…/cl-blockchain-basics-intro…/index.html
http://www.cryptohubcentral.com/guides/

To keep this #group as helpful and #informative as possible for everyone, please read and adhere to the below.

*** #Trading Rules ***

Some basic trading rules to help you get started safely in the cryptocurrency world.

#1 Do your own research
#2 Figure out if you are a trader or investor
#3 Don't trade what you can't afford to lose
#4 Use stop losses that fit within your risk appetite
#5 Trade for satoshis not dollars
#6 Take accountability for your trades
#7 Always trade with a clear head
#8 Trade without emotion
#9 Be patient
#10 Accept your mistakes and learn from them
#11 Never be afraid to take profit

*** #Security ***

!!! NEVER share your private keys or seeds with ANYONE !!!
!!! ALWAYS use 2FA wherever possible !!!
!!! Store your passwords safely and securely - DO NOT reuse the same password !!!
!!! Use bookmarks to browse to frequently visited websites !!!
!!! Beware of phishing scams !!!

*** #Exchanges ***

Some popular and easy to use #exchanges with good volume and coin #diversity are listed below. Of #course there are many others out there - see trading rule #1 😁

https://binance.com
https://bitfinex.com
https://bitstamp.net
https://bittrex.com
https://bithumb.com
https://coinbase.com
https://cryptopia.co.nz
https://hitbtc.com
https://kucoin.com

When #creating an account for an exchange, avoid using an email address that may have been #compromised by a data breach, or is being used for social #media

*** #Wallets ***

#Some of the many wallets out there...DYOR

Ledger - https://www.ledgerwallet.com/
Trezor - https://trezor.io/
Electrum - https://electrum.org/
Jaxx - https://jaxx.io/
MyEtherWallet - https://www.myetherwallet.com/

*** Some Useful #Resources ***

https://www.reddit.com - can be used to find announcements, ICOs, hype etc

#Market/Events

https://coinmarketcap.com/
http://coinmarketcal.com/
http://www.coincalendar.info/

#Analysis/Trading

https://www.tradingview.com/
https://www.coinigy.com/
http://rsihunter.com/
https://www.cryptostat.org/

#YouTube Channels

Some popular crypto based channels that can be entertaining as well as informative

https://www.youtube.com/user/obham001
https://www.youtube.com/channel/UCxODjeUwZHk3p-7TU-IsDOA
https://www.youtube.com/channel/UCCatR7nWbYrkVXdxXb4cGXw
https://www.youtube.com/channel/UCa81HAp1se359Sr5qEMMP7A
https://www.youtube.com/user/Suppoman2011
https://www.youtube.com/channel/UCOvQ2ekK57Vm9d-ScGa13tQ

If you have any #information that will #add value to this post, please let us #know.cryptocurrency-trading-strategies-696x449.jpg

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Solid advice, nothing special, common sense. Scary thing is, this goes wrong too often still despite this being so logical. Thanks for the reminder to all of us here.

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