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Bitcoin Trading for Beginners Puss Pull (A Guide in Plain English)
Bitcoin Trading for Beginners (A Guide in Plain English)
Bitcoin trading is the act of buying low and selling high. Unlike investing, which means holding Bitcoin for the long run, trading deals with trying to predict price movements by studying the industry as a whole and price graphs in particular.
Successful trading requires a lot of time, money and effort before you can actually get good at it.
That’s Bitcoin trading in a nutshell. If you want a really detailed explanation keep on watching here's what I'll cover :
0:55 - Trading vs. Investing
2:40 - Types of trading methods
3:54 - How to predict Bitcoin's price
5:35 - Trading terms explained
7:45 - Types of orders you can place on an exchange
9:28 - Maker-Taker fees
10:58 - Reading price graphs
12:11 - Bull and bear markets
12:34 - Resistance and support levels
14:50 - Common trading mistakes
17:35 - Conclusion + warning
See anything we haven't covered? Leave us a comment in the comment section below
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