Of course, in trading, it is only right that in the beginning, you have to choose an exchange where you will trade well for your future coins. Just for example for BTC and ETH, you can trade it in kucoin, which is also one of the most popular exchanges.

But before anything else, it is best to do some research first and look for reviews about exchanges to avoid frustration.

Because there are instances where there are traders who lose money, so it is really good that you are in a trusted exchange like I mentioned. And you should really choose the biggest and most well-known option.

You must be prepared for the volatile market. There are reliable sources where you can see the price of crypto, whether it is down or up. Because, before putting your money into a coin it is a good idea to study the assets.

Here's my top 3 tips every beginner should understand about Bitcoin
[1] Study about Bitcoin - The first and the foremost thing that every novice should do is the study entirely about bitcoins. Getting to know all the details about cryptocurrency and bitcoins becomes important when you are investing in it for the first time.

[2] Understanding the transaction process - The very first time you create your Bitcoin wallet, you will be given a private key that can be used to access your data. As a beginner, you must understand that all the information related to your money will be available on the public ledger, and nothing is going to be confidential. Only the username and the password of the Bitcoin wallet will be e kept as private information. So, you must not be surprised if the transactions that you are getting displayed on the dashboard of the public ledger.

[3] Do not be surprised if you lose the Bitcoin - Sometimes the price of the BTC can drop down immediately, and you may incur losses, and your Bitcoin wallet can go to negative. Do not be surprised, or do not even panic! This is how Bitcoin works, and as you start mining, the more you get the hang of all these things easily.

What should you do first is you have to make your own rules to trading. As an example, if you are so greedy you cant win this game. And you have to be patient more than a normal person. Coz the thing is This trading field is a device for transferring money from the impatient to the patient.
Then you have to learn technical analysis. You can use the trading view as a chart analyzer. You can learn technical analysis from youtube. There are many. Then you have to be a fundamental analyzer. Simply You have to read the news and understand the effect of the news on the Coin that you trade.
I just simply describe this but you have to work hard for this. And please don't deposit early. At least analyze the market for 6 months and make a sense of it.

I started through shillings that I got in some faucets.

But I didn't trade that suddenly, I am working at that time and when I saw that the price is having a great movement, I started to invest in it and did some small trading to other altcoins. For sure you could do it since all of us started to as a beginner. My only tip is that it is not always a good day so you should not think that it will always be profit since you could also lose in a day.

It has been 7 years for you since you are trading but the thing I don't like is that you called it "fun" to trade. Don't get me wrong and maybe because you are trading small amounts you call it funny but someone like me who trades for living and buy and sell multiple coins a day and stress all night about which coins will pump and which ones will dump. Its not easy being a trader if you are doing it seriously and for living.

I started trading some years ago and can't recall the exact year but I was more of an investor and less of a trader as I used to buy as many bitcoins possible and later when the bull run was going on, I used to sell some and again wait for the market to drop down for buying.

Don't lump your own problems to others, as you are the one who gets stressed by trading. Nobody blames you for doing the trades and nobody blames you for doing it for your own living.

Yeah we can see that you struggle to get a successful trade as your food in the table are in stake for every move you make, but it is not necessary for every one of us. One of the main rules of trading is to not make it as your main source of income. So don't generalize everything as trading is meant for additional income in the first place.

I started Trading in Bitcoin when all of my friends are Trading in Binance Futures. I got curious, and started to do full time trading since then. I do Day Trading when I'm not that busy, and scalping when I'm super busy.



Don't keep on asking if you can, just start Trading already while you're learning how to do the rest.


Don't Trade a huge amount of capital at first, use small amount until you know what you're doing. Then increase your funds, and make profits. Don't be greedy as well, set your goal profit per day.

starting bitcoin trading is very simple, just register on Binance and do deposit with your fiat,
then you can start trading bitcoin on binance, without trading knowledge we can get caught up in the whales game,
therefore learning about TA is very important and don't forget to always try it!

I stated last 2013, where faucet give us free bitcoin and eth, I am using my free time searching for profitable BTC even it will only give you 0.00004 every 15min to an hr, I don't think that it will go up high as the price of it now, so I am very shocked that it is getting near to $43,000 it is very far from what I first see that, and that time people think that bitcoin is only a form of scam and used in some illegal operations, so they are afraid to use and invest on that.

When ai learned about bounties and bitcoin , i really take time to learn how to trade, there were times I didn’t withdraw or put in cash what I earned in bounties I just use it to trade and to learn how to trade, I remember my first few tries where I lose my savings in trading since Im just a newbie, and just move on since it just came from bounties. But thinking of it now those amount is too large if ever I was able just to keep those rewards and simply convert in btc by that time.