The Trader's Guide to Crypto: A Beginners Guide to Trading Cryptocurrency: Basics of Patterns, Platforms, Coins, and More!

By T. R. Lawson

One of the most common passive income strategies today is crypto trading. You may decide to make it an active income stream. But more often than not, cryptocurrency trading is a way to earn massive amounts of money on the side.

However, you should know that it's not a completely stress-free way to make money. After all, a considerable amount of learning must happen before you make your first trade. This is where The Trader's Guide to Crypto comes to the rescue.

In this book, you'll be equipped with the knowledge you need to come out on top in the world of digital currency trading.

Among the topics discussed in this book are:

How to read charts;

The top trading platforms;

Day trading strategies; and

The top 15 coins to bet on.

This book not only answers your question about how to trade like a winner, but gently guides you to financial fulfillment.

• Language: English
• Publisher: Exodus Publishing Co.
• Release date: Nov 18, 2021
• ISBN: 9798201906900

Book preview

Book Description

One of the most common passive income strategies today is crypto trading. You may decide to make it an active income stream. But more often than not, cryptocurrency trading is a way to earn massive amounts of money on the side.

However, you should know that it's not a completely stress-free way to make money. After all, a considerable amount of learning must happen before you make your first trade. This is where The Trader's Guide to Crypto comes to the rescue.

In this book, you'll be equipped with the knowledge you need to come out on top in the world of digital currency trading.

Among the topics discussed in this book are:

●  How to read charts;

●  The top trading platforms;

●  Day trading strategies; and

●  The top 15 coins to bet on.

This book not only answers your question about how to trade like a winner, but gently guides you to financial fulfillment.

The Trader's Guide to Crypto

A Beginners Guide to Trading Cryptocurrency: Basics of Patterns, Platforms, Coins, and More!

T. R. Lawson

© Copyright 2021 - All rights reserved.

The content contained within this book may not be reproduced, duplicated or transmitted without direct written permission from the author or the publisher.

Under no circumstances will any blame or legal responsibility be held against the publisher, or author, for any damages, reparation, or monetary loss due to the information contained within this book, either directly or indirectly.

Legal Notice:

This book is copyright protected. It is only for personal use. You cannot amend, distribute, sell, use, quote or paraphrase any part, or the content within this book, without the consent of the author or publisher.

Disclaimer Notice:

Please note the information contained within this document is for educational and entertainment purposes only. All effort has been executed to present accurate, up to date, reliable, complete information. No warranties of any kind are declared or implied. Readers acknowledge that the author is not engaged in the rendering of legal, financial, medical or professional advice. The content within this book has been derived from various sources. Please consult a licensed professional before attempting any techniques outlined in this book.

By reading this document, the reader agrees that under no circumstances is the author responsible for any losses, direct or indirect, that are incurred as a result of the use of the information contained within this document, including, but not limited to, errors, omissions, or inaccuracies.

Table of Contents

Introduction

Chapter 1: Chart Reading

Candlestick Chart

Bullish and Bearish Patterns

Bullish Patterns

Bearish Patterns

Chapter 2: Platforms

Top Trading Platforms

Cash App

Binance

eToro

Crypto.com

Ledn

Bitcoin IRA

Kraken

BlockFi

Coinbase

Uphold

Voyager

Hodlnaut

Bisq

Pros and Cons

Chapter 3: Coins, Coins, and More Coins!

Top 15 Coins

Bitcoin (BTC)

Ethereum

Cardano (ADA)

Ripple (XRP)

Dogecoin (DOGE)

Binance Coin (BNB)

Shiba Inu (SHIB)

Polkadot (DOT)

Tether (USDT)

Celsius (CEL)

Aave (AAVE)

Solana (SOL)

Uniswap (UNI)

Basic Attention Token (BAT)

Chainlink (LINK)

How Each Coin Affects the Market

Chapter 4: Passive Income

Day Trading

How Day Trading Works

Strategies in Day Trading

High-Frequency Trading (HFT)

Range Trading

Scalping

Crypto Mining

Types of Crypto Mining

APY Interest Investing

Staking

How Staking Works

Pros and Cons of Staking

To Stake or Not to Stake?

Chapter 5: Advanced Trading Strategies

Top Seven Strategies Used in the Market

Hodling

Smart Trading

Range Trading

Automated Trading

Dollar Cost Averaging (DCA)

RSI Divergence

Golden Cross/Death Cross

Pros and Cons of Each Strategy

Hodling

Range Trading

Automated Trading

Dollar Cost Averaging

RSI Divergence

Golden Cross/Death Cross

Risk Management

Types of Risk

Strategies for Risk Management

Closing Notes

Conclusion

References

Introduction

There hasn't been this much frenzied purchase of cryptocurrencies since Bitcoin was first created in 2009. Even more interesting is the fact that there are more cryptocurrencies today than ever before. The average potential crypto buyer today understands that decentralized currencies like Bitcoin and Ethereum are the future. However, they are also beset by overchoice: this is a common situation where buyers suffer crippling indecision by having too many options.

Sadly, questions like which crypto is the most viable? and when's the right time to purchase a particular crypto? often go unanswered. Also, today's would-be trader has to quickly gain information on the ever-evolving world of crypto and must learn trading strategies.

Truly helpful materials in this regard are quite limited. What exists in surplus are books and tutorials on how to trade created by those who are also inexperienced or just money-grabbing.

The Trader's Guide to Crypto is a well researched and comprehensively written book for any trader who's ready to win. If you're tired of scams like the infamous pump and dump schemes and would like to learn how to become financially free by trading crypto, then this book is for you.

Whichever level you are in your understanding of proper trading methods, chart reading, and passive income, there's something rewarding for you