Introduction to Trading Cryptocurrencies

This post is also available in: Dutch Language.

Welcome to the Reading section about day-trading and investing in cryptocurrencies. I would like to start by stating that everyone in any market can earn money. The cryptocurrency market is quite similar to the forex or stock markets and at the end of this course, you will have enough knowledge to start earning money by trading in cryptocurrencies. There are plenty of people who provide a wide variety of reasons to explain why they have failed and will keep doing so. As with most things in life: knowledge is power. If we possess and act on knowledge, considerable profits can be achieved.

This course will start with a basic explanation; the blockchain basics. These are the simple principles of cryptocurrencies. Subsequently, we will go deeper into the mining of cryptocurrencies. After the explanation about the mining of cryptocurrencies, we will elaborate on what the platforms are that are being used during the trading in cryptocurrencies. This is where it will become interesting for advanced traders. This because we will then further discuss the actual trading in cryptocurrencies. We start with an explanation of the fundamental analysis we can make in order to evaluate a crypto coin. This way, we will be able to get an idea of a certain project and whether it has any chance of succeeding. Finally, we will deal with the technical analysis, in which we explain the various indicators and how we can use these to achieve price gains. At the end of this course, we will be able to create a well-founded analysis of a certain crypto coin.

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