So, you've finally decided to begin your cryptocurrency trading career, and you're already dreaming how you'll spend your millions? There's no denying that cryptocurrency is an exciting market for investors, but success isn't always as straightforward.

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How A Newbie Can Start Learning
Cryptocurrency Trading?
So, you've just decided to start trading cryptocurrencies, and you're already preparing
how you'll invest your millions? There's no doubt that cryptocurrency is a fascinating
market for investors, but getting rich isn't always simple.
In all seriousness, cryptocurrency trading can be a risky business. True, some people have
amassed substantial wealth. Some individuals, on the other hand, have lost a
considerable amount of money.
If you want to learn about cryptocurrency trading, you've come to the right location.
Everything you need to know about the game will be taught in this beginner's guide.
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But first, what is cryptocurrency?
Cryptocurrency is a digital currency in which the production of currency units and the
verification of transactions for the transfer of funds are governed by a cryptographic
code. A cryptocurrency is not backed by the government or central bank of any country.
Accounting is carried out in a decentralised manner. Consider it a distributed ledger with
no way to alter the order of transactions.
In a nutshell, it's the people's money. Money created by the people, by the people, and
under their control.
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Unlike FIAT currencies, such money has a range of advantages. Many banks and
governments are opposed to cryptocurrencies being used for this reason. Governments
and central banks, for example, are losing control as a consequence of cryptocurrencies.
Rather, cryptocurrency trading is a game of calculated and intuitive decisions. On the
internet, there is a wealth of timeless guidance. Here are a few tried-and-true ideas:
● Study cryptocurrencies and blockchain technology.
You should always study the crypto assets you want to invest in as a general rule.
Keep an eye out for any recent outages or coin-related mishaps. This will give you a
clearer picture of the coin if you are new to the crypto world.
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Attempt to understand the mechanics of how a blockchain functions on a regular basis. If
you do so, you will be able to prevent any beginner's mistakes induced by ignorance. The
first steps will be to study blockchain and gain cryptocurrency certification.
● Invest in a high-quality wallet.
If you want to learn how to make money, you must first take the necessary
precautions to safeguard your profits. If you want to exchange or hold your
cryptocurrencies, a good wallet will keep them secure.
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● Keep an eye on the market
Now that you've heard about cryptos and blockchain, it's time to observe the sector.
Take a look at what's been trending lately in the industry. Make a list of which
cryptos are doing well and which are underperforming. While the past success of
cryptos does not guarantee future performance, it can help you develop more
successful strategies.
● Recognize the tax implications and legal implications
Around the world, cryptocurrencies are met with varying degrees of excitement.
While cryptos can be used to purchase utilities in Nigeria, getting them in Bolivia
could have serious consequences. As a result, you'll have a clear idea of where your
home country stands on crypto assets. If cryptos are legal in your country, you
should also be aware of the associated taxes.
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● Seek a mentor.
You may constantly seek out a cryptocurrency expert or guide who can show you
how to trade cryptocurrencies utilising real-world scenarios. Investing a thousand or
even lakhs of rupees could appear to be a large sum of money on the surface. You,
on the other hand, will reap the benefits for many years to come. As a result,
carefully pick your mentor. Courses or live coaching sessions led by seasoned players
and self-made industry experts are a good place to start.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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Any questions?
You can mail us at
hello@blockchain-council.org
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