Cryptocurrency very useful resources !

in #cryptocurrency7 years ago

So this was in a comment on a post and it has a ton of resources so check it out

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How to trade
www.babypips.com/learn

How BTC began
https://m.youtube.com/watch?v=kpD6hMly6_o&feature=youtu.be

Beginner's Guide to Cryptocurrency

Firstly, do not panic with the market fluctuations.
Cryptocurrency is still new and the prices are volatile which can be -20% today and +50% tomorrow(Not always).
This is a long term game

Here's a list of reliable guides, sources and tips for cryptocurrency:

Cryptocurrency Trading terms and meaning

ALTCOIN = Any crypto currency other than bitcoin.

ASHDRAKED = A situation where you lost all your money.

BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.

BEAR/BEARISH = Negative price movement

BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

BULL/BULLISH = Positive price movement

DILDO = Long green or red candles

DUMP = To Sell off a coin

DUMPING = Downward price movement

DYOR = Do Your Own Research

FA = Fundamental Analysis

FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)

FUD = Fear Uncertainty & Doubt

HODL = Hold On for Dear Life

JOMO = Joy Of Missing Out

LONG = Margin bull position

MCAP = Market Capitalization

MOON = Continuous upward movement of price

OTC = Over The Counter

PUMP = Upward price movement

SAJ CANDLE = Huge green candle

SHITCOIN = A coin with no potential value or use

SHORT = Margin bear position

SWING = Zig zag price movement (Upwards and downwards)

TA = Technical Analysis

REKT = When you have a bad loss

REVERSE INDICATOR = Someone who is always wrong predicting price movements.

RSI = Relative Strength Index

WHALE = Very Wealthy trader/Market mover

Youtube videos to help:

Channels:
• Crytpo Charts - Chart analysis and tutorials (Does weekly market analysis videos as well)

• BTC Sessions – Introductory tutorials / crypto basics

• Node Investor – Market analysis and speculation videos

• Crypt0 – Crypto news and talk

• Ameer Rosic – “My mission is to share and grow the knowledge around Blockchain technology.”

• CryptoBud – Crypto news and talk

ClayTrader – Stock Trader, but his Trading Academy videos explain how markets work and apply to crypto

Babypips
Learn How to Trade the Markets
Learn forex trading at BabyPips.com's learning center. We offer online trading courses, interactive quizzes and a forex glossary. https://www.youtube.com/channel/UC4dVJFvNNL_YxYWB71Cp7Ow https://www.youtube.com/channel/UChzLnWVsl3puKQwc5PoO6Zg https://www.youtube.com/channel/UCa81HAp1se359Sr5qEMMP7A https://www.youtube.com/channel/UCdUSSt-IEUg2eq46rD7lu_g https://www.youtube.com/channel/UCaPSoa3hoxgouMd8YdlUwXQ https://www.youtube.com/channel/UCAEktd4wejD_N4aPyDPD3zw (link to relevant playlist) https://www.youtube.com/pl

STAY AWAY FROM THIS TURD
• Suppoman Udemy – This guy is just scamming the noob with bad information and wants your money in his Udemy course
https://www.youtube.com/user/Suppoman2011

Video Links for good tutorials:
• Trading/buying crypto:
o Avoid Coinbase Fees and buy your crypto in GDAX

• Wallets:
o How to make a Bitcoin Paper Wallet


o How to use Ledger Nano S

• Charting:
o How to Use Trading View

o MACD Basics

o Price History, Resistance/Support, Price Level

o How to use Bollinger Bands with MACD + PSAR

• Market Explanations:
o Long vs. Short Positions Explained

o Trading 101: What is a Margin Account?

by Joe Blackburn

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