The Ex-Agora Guru's Cryptocurrency Video Course for Beginners
With the release of this video course, I’m helping everyone – especially my fellow ex-Agora members – to become cryptocurrency traders and investors. I share everything that I learned throughout my time at Agora, including tips on how to get started trading, how to set your targets, how to make sure you’re always making the right decisions and how to avoid mistakes that will cost you money and time. If you don’t know what cryptocurrency trading is yet or have only heard about it in passing, no worries – I explain everything step by step in plain English! What is a blockchain? A blockchain is a digital ledger of all cryptocurrency transactions. It is constantly growing as completed blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Bitcoin nodes use the block chain to differentiate legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
Bitcoin basics Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. Bitcoin is the first decentralized cryptocurrency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain
How do I start trading crypto? Before you start trading cryptocurrency, there are a few things you should know. First, you need to understand the basics of how cryptocurrency works. Second, you need to find a reputable exchange to trade on. Third, you need to set up a wallet to store your coins. Fourth, you need to research the coins you're interested in trading. Fifth, and finally, start small and practice before putting any real money at risk.
The tools I use to trade cryptocurrencies I use a variety of tools to trade cryptocurrencies, but my two favorites are the TradeSanta bot and the 3commas bot. Both of these bots allow me to automate my trades and take some of the emotion out of trading. I also use Coinigy to manage my portfolios and track prices across exchanges.
Advice for new traders If you're thinking about getting into cryptocurrency trading, there are a few things you should know. First, the market is highly volatile, so you need to be prepared for ups and downs. Second, don't put all your eggs in one basket - diversify your portfolio to minimize risk. Third, do your own research before investing in any coin - there are a lot of scams out there. Fourth, use reliable exchanges and wallets to store your coins. And finally, start small and learn as you go.