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The 5 Best Resources To Learn How To Trade Crypto – Matthew Bardeleben – Medium

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Use these top guides, easy tutorials & free tools to get started swing trading & day trading cryptocurrency.

Photo Courtesy of Andre Francois

There is no ‘right’ or ‘perfect’ way to trade crypto

Or stocks, or forex, or anything for that matter. No “Ultimate Guide” exists. No shortcuts actually work. No guaranteed ways to make a profit. As commodities trader Roy L. Smith once said,

The perfect strategy works every time until you start using it.

If you’re serious about becoming a professional trader

you’ll want to read the best books (yes, actual books) on the subject(s) you want to master. Mark Andrew Lim’s “The Handbook of Technical Analysis” is (arguably, of course) the go-to source for learning charts, patterns, etc. If you’re really ‘in it for the technology’ then “Mastering Bitcoin: Programming the Open Blockchain” by Andreas Antonopoulos would be your Bitcoin Bible.

As much as I recommend those masterpieces, however, they probably aren’t where you want to start. Both can be overwhelming especially for beginners. Both can easily cause ‘paralysis by analysis’ getting in the way of you actually trading and practicing. They also won’t necessarily give you a strong feel for the crypto market or how cryptocurrency differs from similar markets like forex (foreign exchange). Learning the feel of the cryptocurrency market can be a bit like diving into a Chuck E. Cheese ball pit…

You may expect to grab a yellow ball. You may even find one. But only after you’ve been buried under piles of red ones, a handful of lost shoes and some random kids retainer.

A brand new crypto trader finding CoinMarketCap for the first time

So where do I start learning to trade, then?

With this short-list of course! The Learn. Disrupt. Profit. Repeat. team curated this collection of free online courses, legitimate tutorial videos and useful tools to create a great place to start your trading journey. As most veteran currency traders (both crypto and otherwise) know the wrong path is all too easy to find in this realm. The right path, however, usually starts with…

1.) The Best Free Online Course Overall:

BabyPips’ Forex Trading Course

BabyPips “Beginner’s Guide to FX Trading” is, by far, the best free online course to pick up the basics and a little more. Nearly all the the lessons learned in the interactive forex (foreign exchange market) trading class apply to trading cryptocurrencies as well. Honestly, as popular as it’s become with aspiring crypto traders, I’m surprised (but thankful) it’s still free.

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