Bitcoin Trading for Beginners (A Guide in Plain English)
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Bitcoin trading is the act of buying low and selling high. Unlike investing, which means holding Bitcoin for the long run, trading deals with trying to predict price movements by studying the industry as a whole and price graphs in particular.
Successful trading requires a lot of time, money and effort before you can actually get good at it.
That’s Bitcoin trading in a nutshell. If you want a really detailed explanation keep on watching heres what Ill cover:
0:55 — Trading vs. Investing
2:40 — Types of trading methods
3:54 — How to predict Bitcoins price
5:35 — Trading terms explained
7:45 — Types of orders you can place on an exchange
9:28 — Maker-Taker fees
10:58 — Reading price graphs
12:11 — Bull and bear markets
12:34 — Resistance and support levels
14:50 — Common trading mistakes
17:35 — Conclusion warning
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