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

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)
https://www.youtube.com/channel/UC4dVJFvNNL_YxYWB71Cp7Ow
• BTC Sessions – Introductory tutorials / crypto basics
https://www.youtube.com/channel/UChzLnWVsl3puKQwc5PoO6Zg
• Node Investor – Market analysis and speculation videos
https://www.youtube.com/channel/UCa81HAp1se359Sr5qEMMP7A
• Crypt0 – Crypto news and talk
https://www.youtube.com/channel/UCdUSSt-IEUg2eq46rD7lu_g
• Ameer Rosic – “My mission is to share and grow the knowledge around Blockchain technology.”
https://www.youtube.com/channel/UCaPSoa3hoxgouMd8YdlUwXQ
• CryptoBud – Crypto news and talk
https://www.youtube.com/channel/UCAEktd4wejD_N4aPyDPD3zw
ClayTrader – Stock Trader, but his Trading Academy videos explain how markets work and apply to crypto
(link to relevant playlist) https://www.youtube.com/pl
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.

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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