You are on page 1of 4

This is your Cryptocurrency Starter Guide.

I will give you the breakdown of all that is necessary


to become a profitable cryptocurrency trader through the usage of proper resources and tools.

Turning Your Funds Digital.

The initial step of turning your money digital takes at least a few days to process. Especially if
you’re looking to turn a large amount digital.

For starters, you’ll want to convert whatever FIAT money you have into Cryptocurrencies. This
means cash, or money that exists in the real world. US Dollar, Yuan, Euros, whatever. All that
is considered fiat currencies. These are subject to inflation due to control by central powers that
have the ability to print money whenever they want causing a reduced spending power in your
money. For every $1200 stimulus check a person receives, $120 Billion is injected into the
supply of US dollar, causing the currency to see a sudden spike in inflation.

Here are some places to purchase BTC. Ideally, you’ll want to utilize Gemini or Coinbase if
you’re in the US to make easy transfers for a 1% fee. However, you can utilize Coinbase Pro,
Kraken, or and wire the money directly into their trading exchange to

Generally, you’ll want to start with turning your fiat into Bitcoin first. From there, you can move
your Bitcoin around to any location (exchange or interest bearing company) on the web, hence
why it is currently the “most useful” cryptocurrency and often seen as the standard method of
exchange for now.
Using Digital Money to Make More Digital Money

Once your funds are in Cryptocurrency Form you can now move it to where you’d like to start
trading. Firstly, you’ll need to decide where your edge is in trading. Is it through Altcoins that
are outperforming Bitcoin? Is it through knowing where Bitcoin or Ethereum are headed, and
leveraging those moves? I, as a professional cryptocurrency trader of 8 years, like to split my
money accordingly.

I’ve attached the maximum discount that these exchanges have allowed via the links provided.

20% on ​Bybit​ or​ FTX

highly liquid, large sized market order leveraged trading on Bitcoin, Ethereum, LINK, XRP, as it
is able to withstand my liquidity without impacting the market or market maker decision making.
This is important and why I choose a large-scale exchange for derivatives.

50% on ​Binance.com

This is the most used exchange for trading altcoins, the latest and greatest technologies of
whatever is currently in HYPE. A lot of opportunities on Initial Exchange Offerings through
Binance if the supply is split properly. We’ve seen multiple in a bull market that have allotted us
the opportunity to earn more Bitcoin with our altcoins. In fact, this is where I had my first 7 figure
streak in 2017. It’s dropped down a bit in usage due to the uprise in DEFI
30% on ​Blockfi

Blockfi is my safe haven for either holding USDC or Bitcoin. Here, I am able to generate a
passive income of 6% APY on my Bitcoin and 8.6% APY on USDC when I believe we are no
longer in a bull market. I can continue generating more money than having my dollars sitting
passively in a bank, or at risk in something else. If you think about it, having close to 9% of your
money back in a year is $90K a year on $1M absolutely risk free given it’s coinbase’ USD.

Charting and Technical Analysis

For Browser Charting: ​Tradingview

In order to profitably trade, you must get good at using this tool to chart your trades. It’s
the most robust, and responsive system to date and is used world-wide atm.
Utilizing Trading Resources

Having a community is beneficial when you’re beginning. Later on, it could be more profitable to
trade on your own. The one community I recommend is our own @ ​CryptoTraders.com

Here you’ll find signals for profitable alerts that are made by extremely sharp, and profitable
analysts. Watching these trades take place will allow you to become aware of what a good
entry / exit looks like while you analyze the environment behind the trade.

Good Twitter Resources:

@AngeloBTC
@TheCryptoDog
@SalsaTekila
@AltcoinKevin
@AWice

If you’ve read this guide and are interested in earning high APY interest through decentralized
exchanges / staking - send me a ping in ​Discord @ ​CryptoTraders Discord

You might also like