Basic Cryptocurrency Trading

What is
Cryptocurrency?
A cryptocurrency is a digital or virtual
currency designed to work as a
medium of exchange.
Banks close at 5pm., Wall Street closes at 4pm.
Cryptocurrency trading does not close.
Cryptocurrency is money 24x7x365.

In simple terms:
 Cryptocurrency is global
 Cryptocurrency is technology
 Cryptocurrency is open-source software
 Cryptocurrency is an internet protocol
 Cryptocurrency is decentralized database
 Cryptocurrency is a distributed public ledger
Cryptocurrency is many things
to many people.

 Cryptocurrency is peer-to-peer value communication
Cryptocurrency is a payment layer for the Internet
Cryptocurrency is a value transfer system
Cryptocurrency is a speculation platform
Cryptocurrency is a geopolitical hedge
Cryptocurrency is a fiat currency hedge
Cryptocurrency is electronic cash
Cryptocurrency is digital currency
Cryptocurrency is an asset
Crypto currency is a commodity

Cryptocurrency is property
Cryptocurrency is a virtual good
Cryptocurrency is gold 2.0
Cryptocurrency is money
Cryptocurrency is mathematics
Cryptocurrency is innovation
Cryptocurrency is financial inclusion
Cryptocurrency is freedom
Cryptocurrency is ...a revolution!

What is Bitcoin
“Bitcoin is the most important invention in the
history of the world since the Internet.”
- Roger Ver
Bitcoin (BTC) is the first cryptocurrency project
ever created; it is a digital currency, which is
used and distributed electronically.
Bitcoin is a new technology that is unlike
anything we have seen before, so a better way
to think of it is as a combination of a few
different things we are already used to:

Firstly, because it allows you to move money so
easily, Bitcoin functions as a payment system,
similar to bank transfers or credit cards, only a bit
better.
Second, Bitcoin is in some sense similar to gold -
that is why many people even refer to it as ‘digital
gold’ or ‘Gold 2.0’. Think of it as using gold for
money, except it also very easy to move.
Third, Bitcoin is like the internet in that no single
person or entity controls it, so anyone can pretty
much use it as they like. This gives it some very
unique characteristics.
The Unit of Bitcoin is called “Satoshi”

$100 Worth of Bitcoin In August 2010
Would Have Been Worth $25,316,666
In January 2018

Early Adopters
Made Millions
In January 2017, one Bitcoin was
N400,000 in the course of the same year
it rose to N7 Million.
Experts are predicting it's going to
$50,000 by the end of 2018.
Even if it doesn't go that high, people
investing in it now would continue to
make some good money.

What Are Altcoins
“Bitcoin may not be the perfect currency of
the future, but it's the pioneer of a global
currency.... there will be other currencies
like it that may be even better“
-Richard Branson
-"We need things that draw on the
revolution of Bitcoin, but Bitcoin alone is
not good enough."
-- Bill Gates

Altcoins are the alternative cryptocurrencies
launched after the success of Bitcoin.
Generally, the project themselves are better
substitutes to Bitcoin.
The success of Bitcoin as the first peer-to-
peer digital currency paved the way for many
to follow.
Many altcoins are trying to target any
perceived limitations that Bitcoin has and
come up with newer versions with
competitive advantages.
There is a great variety of altcoins.
Examples includes;
Ethereum, Dashcoin, NEO, Litecoin, Ripple

In the Cryptocurrency trading market, altcoin are traded against Bitcoin or any other major
Cryptocurrency to for a PAIR such as (ETH & USDT).
People Who Invested in Altcoins also
Made MILLIONS

Introduction to
Cryptocurrency Trading
The cryptocurrency trading market is very volatile,
even more than the Forex market, the aim of
trading cryptocurrency is to take advantage of the
market volatility and make profit, it is possible for
you to pick 5%, 10% 20% and sometimes 100%
profit daily buying certain coin based on how the
market moves.
If you buy a coin at $0.5 and it's price goes to just
$2, you would have made $1.5 on each. With the
low price, you could buy a million of that coin,
imagine what the profit would translate to, even if
the price rises to not more than $2. That's the
power of cryptocurrency investment and Trading.
The point is that, the future of Cryptocurrencies is
Really and Truly Bright. However, you can either
choose to watch things happen or participate.

Aims
We aim at training you on how to become a
professional cryptocurrency trader and make huge
daily profit.
Here is what you should expect in this brief
Cryptocurrency Trading Course;
How to Open a Bitcoin Wallet
How to fund your Bitcoin wallet
How to Open a Cryptocurrency Trading Account
How to fund your Trading account
How to place a Trade
How to set Stop loss and take profit
Market Analysis Technique
Trading rules and guidelines

How to Open a Bitcoin Wallet
Before you can start trading cryptocurrency, you need to have a Bitcoin wallet, Open a
trading account, Buy some bitcoins, Fund your trading account, Start trading and make
money by adding more satoshis.
Examples of popular Bitcoin wallet includes; Blockchain.com, Coinbase, Paxful, Luno etc.
For this purpose we will make use of www.Blockchain.com
Step 1: Log onto www.blockchain.com and click “Get a free wallet”

Step 2: Complete the form by inserting your
Email, create a solid password, and agree to
terms and “Continue”
Step 3: Get started with your wallet

Step 4: Get into your email and
verify your wallet email.
1. Click to verify your email
2. Anytime you need to login to
your wallet, your wallet ID will be
required since Blockchain does not
require any username.

How to fund your
How to Buy & Receive Bitcoin
You need to get some Bitcoin into your wallet,
go to Google and search for “How to buy Bitcoin
in “your country” e.g “How to buy bitcoin in
Nigeria.”
Ultimately, you will get some websites like Luno,
Remitano etc where you can exchange your local
currency to Bitcoin.
You can buy your bitcoin from us. Click here
BUY BITCOIN FROM CRYPTOPRENUER
Once you get a source to purchase some Bitcoin,
follow this step to receive your Bitcoin into your
wallet
1. Click Receive
2. Copy the wallet address and send it to the
exchange company (The wallet address is like
your account number and it changes almost at
every transaction)
Bitcoin wallet

How to send
your Bitcoin
wallet
1. Click Send
2. Input the wallet address of
the recipient
3. Input the amount in BTC or
USD
4. Input description for the
transaction (optional)
5. Set Transaction fee (you
can leave it on default)
6. Click continues and
executes the send at the next
popped page

How to Open a
Cryptocurrency
Trading Account
There are several cryptocurrency trading
platforms among the top and most
popular are: Poloniex, Bittrex, Binance,
Cryptopia, Kucoin, Coinbase etc.
You may need to open more than one
exchange account in case you are
interested in trading a particular coin
and your current exchange does not
offer the cryptocurrency.
Let’s set your trading account up now;
For this purpose, let’s use Bittrex as
example
Step 1: Visit https//:bittrex.com then
click Register

Step 2: Enter the
information required on the
sign up page
1. Enter your active Email
Address
2. Enter Strong Password
3. Repeat the strong
Password
4. Check the Terms of
Service
5. Click Sign up

How to deposit
into your
trading account
Here is where you deposit some bitcoin
from your wallet into your trading account.
When you click “wallet” or “deposit” on
the home page, you will see the list of all
the coins on the platform.
1. Click the green button on Bitcoin, since
we will be using bitcoin for our trades.
2. Generate wallet address from the
platform
3. Use the address generated to pay from
inside your personal bitcoin wallet
4. Then continue, you are good to go.

How to place a
buy order on a
cryptocurrency
trading platform
Step 1. Pick a cryptocurrency you will like to
trade (We picked Lunyr as example)
You can pick from different cryptocurrencies
that are available that you can trade against
bitcoin, ethereum or USDT

Step 2
1. Click on “Buy”
2. Quantity of Coin you want to buy
3. Input the amount of Lunyr you want to
buy
4. Bid Price: You will put the amount in
satoshi that you want as bid price to
enter the trade
5. Total amount you want to spend to
purchase the coin: You will input the
total amount you want to spend to
purchase the coin then click "Buy"
6. Finally click on “Buy Lunyr”

How to set stop loss
Stop loss is a risk management skill, you want to
close the trade at a minimal loss level
incase the market goes against your prediction
1. Click Sell
2. Set the quantity to Sell
3. Set your asking price like 3% to 4% to 10%
BELOW your entry price (Depending on how
much you can risk to lose in case your market
prediction goes against you)
4. The total amount you want to sell in Satoshi
5. Click “sell”

How to take profit
Let’s say the Lunyr you bought has
appreciated by 10% and you will like to close
your trade on profit, this is how to do so.
1. Click Sell
2. Set the quantity to Sell
3. Set your asking price; the target price
you want to sell the coin
4. The total amount you want to sell in
Satoshi
5. Click “sell Lunyr”
6. Note: The trading platform is so wide
with so many features, but we have
tried as much as possible to cover
the basics, make sure you surf the
platform to get familiar with them on
your own.

Start your Cryptocurrency Trading Career
Trading the financial market such as; Forex, Commodities, Stocks and
Cryptocurrency etc. requires 2 major kind of market analysis;
(1) Fundamental Analysis. (2) Technical Analysis
There had been a constantly generated question as to which trading analysis is the best to use. As an
intending professional Cryptocurrency trader, it is important to learn all the skills, both fundamental
and technical to generate the best result. Expert advice traders never to ignore any of them, as it
might be important to combine both sometimes during your trading activities.

Fundamental Analysis:
Fundamental analysis assesses the value of a cryptocurrency by looking at underlying variables and
metrics of the project to evaluate if it‟s a good investment.

Technical Analysis:
Technical analysis looks at historical price data to predict the future price movements of a particular
cryptocurrency. There is a saying in the financial market; “History repeat itself”
Technical analysis represents a method for evaluating investments which involves a statistical analysis
of market activity; it does not attempt to measure a security's underlying value, but rather, utilize
price charts and other fancy indicators to identify patterns that can be used as a
basis for investment decisions.

Professional cryptocurrency traders make use of technical analysis for their trading
Technical analysis will enable you to do a full price analysis of a cryptocurrency and predict where
the price might head to.
Having a grounded knowledge about fundamental and technical analysis can turn you to a
cryptocurrency trading guru.

Introducing
Cryptocurrency
Trading 101
The Ultimate Guide to
Cryptocurrency Trading
Learn Step-by-Step from the Basic; Become a
Pro; Make Consistent Profit
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for good and move on to the abundance provided
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Anyone who want to build a wealthy portfolio
of winning cryptocurrency assets
Anyone who want to take early advantage of a
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Anyone who want to build a career around the
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Anyone who want to invest small and win big
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Anyone who wants to learn all about
Cryptocurrency trading
Anyone who wants to know what
Cryptocurrency is and how it works
Anyone who wants to learn Fundamental
and Technical analysis in cryptocurrency
trading
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Trading Guidelines
“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting
losses. If you can follow these three rules, you may have a chance.” – Ed Seykota
Develop a personal trading techinque
Only invest what you can lose.
Always pay attention to Bitcoin.
 Always learn from your mistakes.
 If you are doing any active trading, set stop losses.
 Categorize your investments and look at the long picture.
Never put all your eggs in one basket, diversify.
 Don’t be greedy.
Don’t invest blindly.
 Don’t FOMO (Fear of Missing Out).

Basic Cryptocurrency Trading

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