This guide will take you from zero knowledge of crypto-currency like Bitcoin, to trading Bitcoin on a popular exchange and with no financial risk! If you are at all curious about learning to trade currency, this is a great way to get your feet wet with real money, albeit pennies.

I will also share with you three powerful tips to help protect you from deception, scams, and bullcrap trading education found online.

Warning: This is very easy and not time consuming but will take about a week to earn the Bitcoin needed to trade. It's good practice. Patience is essential to good trading.

Step 1

Open an account at poloniex.com. All you have to provide is your name, country and email.

Step 2

Once your email is validated, login to Poloniex and click "deposits & withdrawals" under the Balances tab.

Click "Deposit" under the Actions column for Bitcoin.

Highlight and copy the address.

Step 3

Go to moonbit.co.in. Make sure to disable your adblocker or you won't be able to sign in. Scroll down and paste the address where it says "sign in."

Solve the captcha, then claim bitcoin as frequently as every 5 min. If you do this once in the morning and once in the evening, you'll make about 10,000 satoshi(.0001 bitcoin) in a week. Every week on Sat/Sun, if your account is 10,000 or more, the balance will be transferred to your Poloniex account.

Throughout the week, take the time to read the Support Resources, linked at the bottom of poloniex.com

Step 4

If you are patient enough to do this, congratulations! You can now begin trading. Make sure you have read the Support Resources!

If you're ready to put some real skin in the game and want to buy Bitcoin, there is a bit more to learn. I suggest going to bitcoin.com to get started.

Trading Strategy(tips for discernment)

"I agree with orthodox economists that stock prices are probably not predictable in any useful sense of the term."--Benoit Mandelbrot, Misbehavior of Markets

1. Avoid any trading strategy that relies on predicting market behaviour.
Be aware of major news releases, sure, but using them to predict is a dangerous game. The data says you won't be successful for long! If you disagree, I suggest you test your theory for a longer period. I "paper traded" for four years before starting with real money. In the first year I made 1000% profit. In the second I lost it all. Imagine the heartbreak I avoided.

Mandelbrot pioneered the mathematics of fractal geometry. I trust he's smarter than me. Ignore him at your own risk.

"It is easy to see that life is the cumulative effect of a handful of significant shocks."--Nassim Taleb, The Black Swan: the impact of the highly improbable.

2. Try to find a strategy that profits from the rare, unexpected, high impact movements.
At the very least have a strategy that protects against them. If the possibility of catastrophic loss exists, no matter how improbable, dump the strategy. I highly recommend reading Fooled by Randomness or The Black Swan by Nassim Taleb.

3. Avoid automated systems. If a mechanical trading system existed that withstood the test of time, do you really think it would be worth a $1000 or even $5000? It would sell for millions. Along with classical technical analysis, all systems...

"...are still based on the false assumption that the future will be like the past." --Bill Williams, New Trading Dimensions.

Understand, I'm not saying you can't make money at it. Here is a good article about it: Sorry, there is no "proven" automated trading strategy

That's it. Good luck, and most importantly have fun!

Thanks for reading! If you appreciate the article, share it, leave a comment, upvote, or donate some satoshi! 1EF6evd8hfHtPTQ3snv9YzgDqsJUo5H4yP