The term cryptocurrency can sound something really technical, but it is a pretty straightforward concept at its core. If you are interested in trading cryptocurrencies, you will first have to grasp the idea of digital currencies, how they work, and how you can make money from them.
Now, there are many different places that can teach you cryptocurrency trading. However, you would want to pick the best one because understanding the concept is extremely important for you. You miss one detail at any point and the rest of the course will not make any sense to you.
So, as you read on, you will find a short list of the best tutorials about cryptocurrency trading. However, before you look at that list, you have to know which factors make a tutorial better than others.
The first thing you have to see in an online tutorial is what mode it is using to deliver information to you. So, you have a variety of ways to receive information about cryptocurrency trading. One of the popular ways is through ebooks.
Ebooks are great in that they provide you with as much time as you want to learn the concept of cryptocurrency trading. However, these books can be dry and too technical at times. Newbies might not even understand what cryptocurrencies are all about from these books. That’s where you have videos come in.
Videos have proven to be the best way of learning cryptocurrency trading because of how easily they define cryptocurrencies and any other associated technologies. Last but not least, you would want to be a part of a webinar.
To be a part of online webinars, you have to sign up with online brokers. Yes, there are some cryptocurrency-specific webinars as well. When there is a webinar, you have to enroll yourself for the training. You can even ask the expert who is conducting the webinar to answer your questions.
Another important thing you have to check before you choose a tutorial for learning is the person who has created the tutorial. You have to keep in mind that cryptocurrencies are not an old technology. There are not many people who know about them.
The most reliable sources are people who have spent their money, made millions for cryptocurrency trading, and learned it on the way. These are the people who have experienced what cryptocurrency trading is like. They might not be teachers or trainers by profession but their experience is worth much more than any theoretical knowledge that any trainer shares with you.
So, in many cases, the tutorial or cryptocurrency trading course comes from someone who has already spent a lot of money in trading digital coins. If the person is famous in the cryptocurrency community, you can trust him/her to teach you all about cryptocurrency trading.
Once you start searching online, you will be fully aware of the many types of people who create cryptocurrency trading tutorials. You can recognize the best ones from the language they use, and also the bad one for that matter.
You will always notice that the right tutorial creators, who also happen to be people with investments of their personal money in this market, talk about cryptocurrency trading in the most realistic manner possible. They do not promise what they or the market cannot deliver. Even though the cryptocurrency market has the full potential to make you a millionaire, the person delivering the tutorial will not make such promises.
That’s not the job of the person who has created the tutorial to make such claims. The tutorial creator should only be focused on helping you understand how you can trade cryptocurrencies.
On the other hand, people who are in this game only to make money off of you will make all sorts of promises that you can think of. For example, they will usually keep telling you how you can earn crazy good profits and become a millionaire the next time you open your eyes after blinking.
Here are some of the best tutorials for you to learn cryptocurrency trading before you sign up with an online broker.
Basic Cryptocurrency Trading Course from Udemy’s
This particular course tells you a lot about cryptocurrency if you are new to the market. It is a step by step course that finally lands you in the zone where you learn about automatic trading through bots. Yes, there is a way to make money without even touching the trading platform.
Cryptocurrency Trading Masterclass from Udemy
If you cannot wait to start your trading career, you probably need this particular course. It does not keep you in the basics. Instead, this course will straight away teach you the methods of the experts in the market. It has a high rating of nearly 4.5 stars out of 5. Yes, you do get a certificate when you complete the course.
The Masterclass in Technical Analysis (Available on Amazon)
If you have already learned the basics of cryptocurrency trading and want to move a step further, this particular course is for you. It does not matter what type of trading you want to do because technical analyses will always be the most important part of your trading. That’s where this course shines. It will explain to you many tools and analytical approaches that help you predict the price movements of cryptocurrencies.
You will notice that these particular courses are focused on cryptocurrency trading. When you are online, you will find many other courses helpful even though they are not specifically teaching you cryptocurrency trading. Many of the things remain common in all financial markets. So, if you are starting with the most basics of trading, you should consider other courses as well. For example, you must know the strategies that help you avoid or minimize your loss while trading. These strategies apply in the same manner to cryptocurrency trading as they do to other types of trading.