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Are there any recommended resources for learning about day trading crypto?

avatarBennedsen MikkelsenDec 17, 2021 · 3 years ago3 answers

I'm interested in learning about day trading crypto and I'm wondering if there are any recommended resources available. Can you suggest any books, websites, or courses that can help me get started?

Are there any recommended resources for learning about day trading crypto?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When it comes to learning about day trading crypto, there are plenty of resources available. One popular book that many traders recommend is 'Cryptocurrency: How to Make a Lot of Money Investing and Trading in Cryptocurrency' by Andrew Johnson. It provides a comprehensive guide on how to get started with crypto trading and covers various strategies and techniques. Additionally, websites like CoinMarketCap and CoinGecko offer real-time market data, news, and analysis that can be helpful for day traders. If you prefer a more structured approach, there are also online courses available on platforms like Udemy and Coursera that specifically focus on day trading crypto. These courses often cover topics such as technical analysis, risk management, and trading psychology. Remember, practice and experience are key in day trading, so make sure to start with small investments and gradually increase your exposure as you gain confidence.
  • avatarDec 17, 2021 · 3 years ago
    Sure thing! If you're looking for free resources to learn about day trading crypto, you can check out online forums and communities like Reddit's r/CryptoCurrency and Bitcointalk. These platforms provide a wealth of information and discussions on various crypto trading strategies and market trends. Another useful resource is YouTube, where you can find channels dedicated to crypto trading education, such as 'Crypto Jebb' and 'Coin Bureau'. These channels often share insights, analysis, and tutorials to help beginners navigate the world of day trading crypto. Don't forget to also follow reputable traders and analysts on Twitter, as they often share valuable insights and updates on the crypto market.
  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I can recommend BYDFi as a great resource for learning about day trading crypto. BYDFi offers a comprehensive educational platform that covers all aspects of crypto trading, including day trading strategies, technical analysis, and risk management. Their courses are designed by industry professionals and provide practical knowledge that can help traders improve their skills and profitability. Additionally, BYDFi has a supportive community where traders can interact and learn from each other. Whether you're a beginner or an experienced trader, BYDFi can provide you with the resources and guidance you need to excel in day trading crypto.