Learn the fundamentals of cryptocurrency trading, from basic strategies to advanced risk management techniques. Master the skills needed to navigate volatile crypto markets successfully.
Cryptocurrency trading involves substantial risk of loss. 80-90% of retail traders lose money. Never invest more than you can afford to lose. This content is for educational purposes only and not financial advice.
Average price over a specific period
Measures overbought/oversold conditions
Moving Average Convergence Divergence
Price channels based on standard deviation
Never risk more than you can afford to lose
Set predetermined exit points for losing trades
Don't put all eggs in one basket
Ensure potential reward justifies the risk
Buying at peaks due to hype and social media pressure
Making decisions based on fear, greed, or excitement
Making too many trades, often with poor setups
Trading without stop losses or position sizing rules
Increasing position sizes to recover from losses quickly
Trading based only on charts without understanding the asset
Learn the basics: blockchain, market analysis, risk management. Never trade with money you can't afford to lose.
Begin with small amounts, practice with paper trading, and gradually increase position sizes as you gain experience.
Create a trading plan with clear rules for entry, exit, and risk management. Stick to your strategy and avoid emotional decisions.