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First Bitcoin Trade Failure and lessons that every beginner needs to learn about trading bitcoin.
Review of Bitcoin Trade with real time trade that was a drastic failure but well worth the cost in learning tuition fees!
What really happens when you ‘Go Short’ the bitcoin market 3:50. Buying and Selling Bitcoin for Beginners.
Listen to my own comment as I realize a critical mistake about using Rule #1 in my trade: 4:22
Losers Planning 4:48 ‘IF the price does go down, I’ll make…’
Losers Planning 5:00 ‘AND, IF volume does this and that…’
Great to have a recording of the live self-talk
Rule #1 says that I’m wrong: 5:08
That’s not really my trading signal: 5:14
Two hours later – the trade went against me… remember my self talk at 4:22?
In-dept review of this bitcoin trade starts at 5:52
Important lessons learned: 7:46
The money that I’m making or losing right now is not important, following my trading plan and using rule #1 and rule #2 is the most important thing to measure
Second, you need to trade with more than the minimum of 0.01 so that you can reverse your position and apply Rule #1 if the prices do not prove you correct.
this video covers some of the staring basics to getting involved with Bitcoin Trading on the Bitfinex Exchange. Watch a recording of the live trading session and the trade analysis after my first round of trading Bitcoin.
Bitcoin Price Review Channel
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—-Tools And Resources—-
Getting Started With Crypto Currency Trading
Transfer and Convert Altcoins with Shapeshift
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