Want to learn to trade crypto? With Bitcoin price near $50,000 and the crypto market taking a short pause, there is no better time to pick up new skills or brush up on existing ones. For those that chose to HODL through the recent sell-off – well done, you’ve nearly made it – there is a much better way, however.
Trading might not be cut out for everyone, but it you are new to Bitcoin and just want to learn more, or are considering getting into trading cryptocurrencies to maximize one’s time in the market, then the NewsBTC educational Trading Course is a must-read.
Learn To Trade Crypto With The NewsBTC Trading Course
NewsBTC’s exclusive and original trading education is jam packed with five full individual courses, starting with The Basics of Bitcoin and Crypto, an Introduction to Cryptocurrency Trading, then three Crypto Trading Courses ranging from Beginner, Intermediate, and Advanced.
The basics include how to buy Bitcoin and other cryptocurrencies, how to choose an exchange, set up a wallet, and includes a crypto-focused glossary with the latest community terminology.
The following introduction to trading crypto focuses on things like trading pairs, spot markets versus derivatives, common order types, and much more.
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The Beginner course teaches the building blocks of technical analysis, charts, candlesticks, and more. There is also a dedicated section aimed at explaining support and resistance levels, and how the different types of support and resistance vary.
Intermediate puts the information from previous courses together to introduce chart patterns, volume analysis, indicators, oscillators, and even Bitcoin fundamental tools like the Hash Ribbons, the most profitable buy signal in crypto.
Finally, Advanced concepts such as fundamental analysis, sentiment analysis, risk management strategies, and putting together a trading journal and a sound trading plan are topics that are explored in depth.
Learn To Analyze Cryptocurrency Charts
Cryptocurrency charts don’t need to be confusing to read. The NewsBTC Trading Course uses examples from the industry standard technical analysis software TradingView.
Learn to trade crypto hands-on with NewsBTC | Source: BTCUSD on TradingView.com
The example above includes important information like the trading pair, BTCUSD, the price line, the latest price traded at, and a series of Japanese candlesticks.
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Even if you don’t intend to trade crypto, learning technical analysis tools can give investors or even spectators a more accurate read on the market.
Technical analysis is not a guarantee, yet is a probability based system that’s used to increase the chances of success based on a firm set of conditions and statistics that result from each signal.
To learn to trade crypto, check out the NewsBTC Trading Course.
Featured image from iStockPhoto, Charts from TradingView.com