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Starting trading Crypto can be challenging without steps to follow, there are so many avenues you can start down, but following a simple structure such as these 5 steps can fast track your learning. Many beginner and new traders start trading crypto without knowing the basics or they dive in too quickly and make too many mistakes leading to trading losses and liquidations on their exchanges.
Step 1: Crypto exchanges. This is very key as it’s where you’ll be trading crypto whether that be spot or leverage, so it’s important to pick one that has passable KYC as well as low enough fees that they don’t eat into your profits. Coin base is one of the most well known exchanges, however although it offers futures, you have to pass a full KYC to access it, on top of that they have some of the highest trading and withdrawal fees. BingX is my preferred exchange due to it’s easy to pass KYC, high leverage trading opportunities and it also has some of the lowest fees of any exchange.
Step 2: Learn spot trading- First and foremost, spot trading is one of the simplest and most accessible ways to enter the cryptocurrency market. Unlike complex derivatives or futures, spot trading involves buying and selling actual cryptocurrencies, making it ideal for beginners to understand and manage their investments.
Furthermore, mastering spot trading provides a solid foundation for understanding the broader crypto market. It allows beginners to comprehend the dynamics of supply and demand, price charts, and basic technical analysis. These skills are invaluable when it comes to making informed investment decisions.
Step 3: Learn the basics of trading. Before delving into crypto trading it is super important to learn the basics. It provides the fundamental skills needed to navigate various financial markets, make informed investment decisions, and potentially grow wealth. By learning how to trade, beginners can explore opportunities in various asset classes, such as stocks, forex, or cryptocurrencies, which can lead to more advanced trading practices.
Step 4: Sticking to one trading strategy. Maintaining a single strategy streamlines the learning process. Trading can be overwhelming, and new traders often find it challenging to grasp multiple approaches simultaneously. By honing their skills in a specific strategy, they can build confidence and competence. The best traders in the world often only trade one strategy that they use time and time again and it helps to give them better emotional control and more consistent results.
Step 5: Don’t focus on the new, instead focus on becoming better at what you're already doing. By doing this you’ll enable yourself to become a more consistent trader and really understand what is working and what is not within your strategy. This also allows you to fix what is not working and increase both your profitability and consistency with the strategy.
Timecodes:
Intro- 0:00
Crypto Exchanges- 0:07
What to Learn as a Beginner- 0:59
The Basics of Trading- 1:51
Sticking to One Strategy- 2:46
Don’t Focus on the New- 3:06
DISCLAIMER: This video is strictly for educational, informational and entertainment purposes ONLY! Everything in this video is simply our own thoughts and opinions, NOT FINANCIAL ADVICE. Anything you do related to this video is at your own risk. Please do your own research before making any decisions when buying into any cryptocurrencies, securities, or any asset classes. The crypto market is incredibly volatile and risky, so it is essential to thoroughly research before making any decisions. SebCryptoTrades and anything affiliated with SebCryptoTrades is NOT a financial advisor, and we will not be held liable for any losses or gains you may experience.
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https://www.youtube.com/watch?v=Opkg-7ITHC8
Go watch: "20 Kill Fortnite Solo One Shot Sniping Game"
https://www.youtube.com/watch?v=h7Q6Dff3RJk --~--
this video is a video that normal pig 1 talks about the caracters
and heres the link to my channel:http://www.youtube.com/user/luigiseb10?feature=mhee
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https://www.youtube.com/watch?v=o04lGzCq0OU
Go watch: "20 Kill Fortnite Solo One Shot Sniping Game"
https://www.youtube.com/watch?v=h7Q6Dff3RJk --~--
Had to remove 3 effects and adjust some settings since everything was making vegas crash, I took off Film Glow, Shake and Motion Blur.
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I do not take any ownership of music displayed in this video. Ownership belongs to the respected owner(s). Used under fair use policy.* Music used for entertainment purposes only.
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https://www.youtube.com/watch?v=lgeSpanI7Ps
Go watch: "20 Kill Fortnite Solo One Shot Sniping Game"
https://www.youtube.com/watch?v=h7Q6Dff3RJk --~--
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https://www.youtube.com/watch?v=ls2BAVJnfsg
Go watch: "20 Kill Fortnite Solo One Shot Sniping Game"
https://www.youtube.com/watch?v=h7Q6Dff3RJk --~--
▶ Check out my gear on Kit: https://kit.com/SGDPhotography
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https://www.youtube.com/watch?v=ilx0EiAgKq8
Go watch: "20 Kill Fortnite Solo One Shot Sniping Game"
https://www.youtube.com/watch?v=h7Q6Dff3RJk --~--
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https://www.youtube.com/watch?v=3wVjXbOE1aY
Go watch: "20 Kill Fortnite Solo One Shot Sniping Game"
https://www.youtube.com/watch?v=h7Q6Dff3RJk --~--
luigiseb10's Webcam Video from February 24, 2012 12:39 PM
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https://www.youtube.com/watch?v=E_K0px-Y6XU
Go watch: "20 Kill Fortnite Solo One Shot Sniping Game"
https://www.youtube.com/watch?v=h7Q6Dff3RJk --~--
hes real and not a mod
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https://www.youtube.com/watch?v=HAjsAZp7onc