Bitcoin Trading for Beginners (A Guide in Plain English)

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  • čas přidán 14. 06. 2024
  • Start trading Bitcoin and cryptocurrency here: bit.ly/3qFbTg2
    Bitcoin trading is the act of buying low and selling high. Unlike investing, which means holding Bitcoin for the long run, trading deals with trying to predict price movements by studying the industry as a whole and price graphs in particular.
    Successful trading requires a lot of time, money and effort before you can actually get good at it.
    That’s Bitcoin trading in a nutshell. If you want a really detailed explanation keep on watching here's what I'll cover :
    0:55 - Trading vs. Investing
    2:40 - Types of trading methods
    3:54 - How to predict Bitcoin's price
    5:35 - Trading terms explained
    7:45 - Types of orders you can place on an exchange
    9:28 - Maker-Taker fees
    10:58 - Reading price graphs
    12:11 - Bull and bear markets
    12:34 - Resistance and support levels
    14:50 - Common trading mistakes
    17:35 - Conclusion + warning
    For the complete text guide and our resource section visit:
    bit.ly/2zZNCtf
    Join our 7-day Bitcoin crash course absolutely free:
    bit.ly/2pB4X5B
    Learn ANYTHING about Bitcoin and cryptocurrencies on our CZcams channel:
    bit.ly/2BVbxeF
    See anything we haven't covered? Leave us a comment in the comment section below
  • Věda a technologie

Komentáře • 1,6K

  • @99Bitcoins
    @99Bitcoins  Před 3 lety +808

    CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers.
    Stay safe 🙏🏻🙏🏻🙏🏻

    • @lesediadams5713
      @lesediadams5713 Před 3 lety +14

      Stay Safe 💯

    • @Piggy648
      @Piggy648 Před 3 lety +24

      You need to let your viewers know that they should always report these scam accounts to you tube it only takes 3 clicks!! If we all did it it would cause them problems ! 👍

    • @shirleythess6136
      @shirleythess6136 Před 3 lety +11

      What makes you feel you are the only honest person trading in crytocurrency,you even went ahead to called Names....anyway that is not fair ..

    • @martinmichael3115
      @martinmichael3115 Před 3 lety +15

      Thank you for sharing. Am one of the victims of being scammed.

    • @emilywilson7517
      @emilywilson7517 Před 3 lety +7

      Play safe

  • @AmbroseSinclair-yn8rl
    @AmbroseSinclair-yn8rl Před 3 dny +822

    What is the best strategy to succeed in the market now for someone with more or less than $5k

    • @OliviaPeterson229
      @OliviaPeterson229 Před 3 dny

      You need a pro or someone good at navigating the market. Someone like Jared Brian Watkins

    • @BenjaminHayes-ok5gn
      @BenjaminHayes-ok5gn Před 3 dny

      Almost gave up due to constant losses, but Jared turned my luck around

    • @EmmaRodriguez-nf7vq
      @EmmaRodriguez-nf7vq Před 3 dny

      Leveraging market changes is a remarkable talent Jared has

    • @phoebejung854
      @phoebejung854 Před 3 dny

      My monthly yield and returns with Jared leaves me speechless

    • @AmbroseSinclair-yn8rl
      @AmbroseSinclair-yn8rl Před 3 dny

      In what way will someone get hisguidance

  • @clintondave3079
    @clintondave3079 Před 2 lety +11

    Job will pay your bills, business will make you rich but investment makes and keep you wealthy, the future is inevitable.

  • @mentarisaputra5049
    @mentarisaputra5049 Před 28 dny +52

    I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America..

    • @justinhudson6561
      @justinhudson6561 Před 28 dny

      That's awesome

    • @justinhudson6561
      @justinhudson6561 Před 28 dny

      Which source/platform did you use to earn such huge sum of money?

    • @justinhudson6561
      @justinhudson6561 Před 28 dny

      As I know it's possible, I'd appreciate it if you showed me how to do it.

    • @mentarisaputra5049
      @mentarisaputra5049 Před 28 dny

      It was with the help of Cassandra Roberts i am who i am today

    • @leonardorossi9097
      @leonardorossi9097 Před 28 dny

      Wow, I'm surprised you also trade with Cassandra Roberts , she's the best at what she does

  • @melissa.randerson7855
    @melissa.randerson7855 Před 2 lety +42

    El mundo realmente está tomando una nueva forma en tecnología, la moneda digital está hablando en todas partes del mundo.

    • @juanjoseluca
      @juanjoseluca Před 2 lety +2

      ¿Cómo puede uno involucrarse invirtiendo en criptomonedas?

    • @kingmacus
      @kingmacus Před 2 lety

      Invertir en criptomonedas requiere muchas habilidades y estudiar muy bien el mercado para evitar pérdidas.

    • @Richard-jb1jc
      @Richard-jb1jc Před 2 lety

      @@juanjoseluca você precisa de uma carteira de moeda criptográfica que você precisa baixar o aplicativo por conta própria e instalá-lo

  • @nabubito
    @nabubito Před 3 lety +17

    Sometimes I don't understand how all these videos are free! Thank you !

  • @selemawitzerimariam7002
    @selemawitzerimariam7002 Před 3 lety +10

    I am living in Europe.
    I have no idea about Bitcoin but I am trying to fellow your teaching .i hope I will start soon .
    God bless you.

  • @aliciadawnschanie232
    @aliciadawnschanie232 Před 2 lety +40

    I'm completely new to this. It's a little difficult to understand

    • @johnwallace681
      @johnwallace681 Před 2 lety

      I could put you through on how to better understand it.

    • @mikewaite1902
      @mikewaite1902 Před 8 měsíci

      Cover your funds every one not all is a sca.

    • @UjunwaogbonnayaHappiness-fw8zn
      @UjunwaogbonnayaHappiness-fw8zn Před 7 měsíci

      ​@@johnwallace681can you teach me

    • @oluwaseun8900
      @oluwaseun8900 Před 5 měsíci

      @@johnwallace681you care putting me through?

    • @LoftLorian
      @LoftLorian Před 4 měsíci

      I just got into this a couple weeks ago.. you can imagine my surprise in finding the truth about our currency through self education that wasn't taught in school

  • @imhatchmantoo
    @imhatchmantoo Před 3 lety +9

    Wow.. Makers and Takers has never been explained so well... Thank you!

  • @peteradeyemi2673
    @peteradeyemi2673 Před 2 lety +17

    How much do I need to start a Bitcoin trade

    • @scottallison4615
      @scottallison4615 Před rokem

      I want in on this too

    • @slfx_trade
      @slfx_trade Před rokem

      We can help you with every info, and teach you everything you need to know for free. Let me know if you're interested

    • @ThisisRubbishlo
      @ThisisRubbishlo Před rokem

      Whatever the minimum is on the App you use, Blockchain app is £5

  • @ernestwilliams6813
    @ernestwilliams6813 Před 3 lety +8

    What is abitcoin and what can i trade it for how much per coin

  • @miraclehattaway
    @miraclehattaway Před 4 měsíci +3

    Omg I'm trying to get on the bitcoin train, I'm such a newbie but this video is very informative, but will have to watch a few times to understand. Thanks

  • @itsrichflow
    @itsrichflow Před měsícem

    So far theee best explanation of the complete overall basic of trading evvverrr!!

  • @Herhighness211
    @Herhighness211 Před 3 lety +21

    I am SUPER grateful for ur videos. If only I had found them 3yrs ago. Thank you, sincerely.

  • @SylvanBugingo
    @SylvanBugingo Před 2 lety +6

    Would you advise me to instead pay and individual or company to trade for me incase i lack the trading experience?

  • @melissaponeka9284
    @melissaponeka9284 Před rokem +3

    This guy is a really good teacher !!

  • @goshinloma6116
    @goshinloma6116 Před 3 lety +9

    Absolutely truth, if you ain't a youtuber who owns a channel I'm not investing with you. There must be a prove😜

  • @patrickmbau5478
    @patrickmbau5478 Před 4 lety +13

    Great lesson....Had to download it to replay it offline just to get the basics right...

  • @IOOHD
    @IOOHD Před 3 měsíci

    So much intelligence in how he breaks the terms down. Great video.

  • @cedrickbusulwa32
    @cedrickbusulwa32 Před rokem +3

    Thnk u i may need more lessons coz i hv jst started abitcoin trading

  • @chercribbs
    @chercribbs Před rokem +3

    He has a nice speaking voice 🙂...

  • @TheMwowner1
    @TheMwowner1 Před 3 lety +3

    my brain is on fire cant process so much info

  • @just_me1985
    @just_me1985 Před rokem +2

    You are a real teacher

  • @martinsamuel9372
    @martinsamuel9372 Před 2 lety +35

    This instruction/introduction to Bitcoin is great and the host does an excellent job of presenting it so clearly and thoroughly.

    • @Mortum_Rex
      @Mortum_Rex Před 2 lety +1

      Except how can I use bitcoin to easily buy bread. If I can't why? What's the real value of it then?

    • @amandaelvis8761
      @amandaelvis8761 Před 2 lety

      Hi

  • @graceanything5205
    @graceanything5205 Před 3 lety +4

    Thanks,this is so informative

  • @ikust007
    @ikust007 Před 3 lety +12

    I am astonished by the quality of your videos and how clear they are . Thank you .

  • @raulh5457
    @raulh5457 Před 3 lety

    I learn something new everyday about crypto

  • @mbafamigorji-dinka3953
    @mbafamigorji-dinka3953 Před rokem +1

    You are aver y good teacher.

  • @revicondriz1246
    @revicondriz1246 Před 4 lety +3

    I'm so facinating of this Bitcoin trading I want to learn more

  • @arthurabinhokennedy2026
    @arthurabinhokennedy2026 Před rokem +3

    Hi, pls I need help I 1 to start but need help(guardian, instructor, advisor...) Don't just know how to start. I'm so confused

  • @gabrielbravo4021
    @gabrielbravo4021 Před 3 lety +1

    This guy is my sensei

  • @ellarose423
    @ellarose423 Před 3 lety +10

    Youre such an amazing explainer!! Awesome vids once again, thank you so much!!!!

  • @dionstone3339
    @dionstone3339 Před 2 lety +3

    Bitcoin is the best thing someone can ever think of in the world.

  • @AbdulazizAlAzmi-pu7ns
    @AbdulazizAlAzmi-pu7ns Před 21 dnem

    Thank you so much for this video. Super helpful and well-presented. Your time and effort is most appreciated!

  • @billmartinez315
    @billmartinez315 Před 3 lety +5

    Just want to say thanks for the presentation

  • @REBranchMD
    @REBranchMD Před 3 lety +13

    Looks like a good program. The
    presenter breaks down the basics well.

  • @gregthomas3030
    @gregthomas3030 Před 2 lety +3

    If the cryptocurrency market overall or a digital asset is solving a problem, it's going to drive some value?

    • @gregthomas3030
      @gregthomas3030 Před 2 lety +1

      @Md Surgeon thanks for the advice 🙇‍♂️

  • @samuelmjomba4043
    @samuelmjomba4043 Před 3 lety +2

    Great topic

  • @DragonboltBlastter
    @DragonboltBlastter Před 3 lety +4

    Great explanation! Love this guide!

  • @danielhamer8742
    @danielhamer8742 Před 3 lety +5

    Thanks for the warning, new and a bit Naive..
    Appreciate your time 😃

  • @Imazdadrags
    @Imazdadrags Před 2 lety +4

    Anyone know what program to use to buy and sell during the day or week ?

  • @kojonie7318
    @kojonie7318 Před 4 lety +2

    sir all that u said was crystal clear ,but still finding difficuties in reading the price graphs

  • @delhume2691
    @delhume2691 Před 3 lety +6

    how are taxes accounted for when selling?

  • @maxis724
    @maxis724 Před rokem +5

    Thank you for this, appreciated 😀

  • @aimeeanderson5837
    @aimeeanderson5837 Před 3 lety +4

    great one

  • @durianrambotan4180
    @durianrambotan4180 Před 3 lety +2

    He is super good!!!

  • @douglasemsantos
    @douglasemsantos Před 3 lety +4

    Thank your for the great video!

  • @splendormercy
    @splendormercy Před 9 měsíci +4

    Please, how can I make profitable investment as crypto has become dominant?

  • @arnoldaloisschwarzenegger7960

    Nice video and helpful to me.

  • @collinsdavie5815
    @collinsdavie5815 Před 3 lety +2

    Wow Bitcoin is the greatest trading invest all over the country.

    • @rachaelcopper4912
      @rachaelcopper4912 Před 3 lety

      @@ronniewillis3874 yes definitely you can start with $100

  • @katherinewilliam9156
    @katherinewilliam9156 Před 3 lety +2

    this video is nice, I have not traded on bitcoin before and I want to start trading, how do I start?

  • @iamltmoney
    @iamltmoney Před 3 lety +9

    I'm gonna watch all of your videos... easily my favorite educator 😎👍

  • @yusufmuhammad4999
    @yusufmuhammad4999 Před 3 lety +7

    Well am new too but a good learner, thanks for the guide.

  • @claymable
    @claymable Před 3 lety +1

    great explianation, simple plain , and concise

  • @edidiongwilliams7132
    @edidiongwilliams7132 Před 3 lety +18

    You are a good teacher, your explanation was very simple and understandable. Thank you so much

  • @jonatanroy5151
    @jonatanroy5151 Před 3 lety +7

    How can you know you won't get scam by a trading company

    • @xdragon2k
      @xdragon2k Před rokem +1

      This is a very good question. A reputable company that makes profit will less likely to scam their customer and run because scamming is temporary while running a legitimate business is forever. For reputable company to be reputable, they already expended high amount of effort to get that far. Starting over from scratch is counterproductive. If the company is struggling, however, be wary, as they might be forced to close by bankruptcy and unable to return your investments.
      If you find a "secret" exchange that no body knows about then you must be very wary as there is no reputation to risk. All they need to do is gain your trust and before you know it, you put your entire life savings in it and they close the door or spring a surprise clause in the contract that you cannot meet. Know your contract. Also, if they suggest that you take out a loan to get in on the action, that's a red flag of a scammer.

  • @rossshead2653
    @rossshead2653 Před 3 lety +5

    Very informative video, thanks

  • @brightevans9219
    @brightevans9219 Před 3 lety

    awesome teacher

  • @MaheshSuwanda
    @MaheshSuwanda Před 2 lety +4

    What is the best? Forex or bitcoin?

  • @zapper696969
    @zapper696969 Před 6 lety +8

    Very much appreciate your work Nate and team. Thanks.

    • @philipbreedlove3296
      @philipbreedlove3296 Před 4 lety

      Grow your bitcoin with the best bitching investment platform it's light and secure

  • @kofighana5872
    @kofighana5872 Před 3 lety +12

    So far, you are the only person who made it clear to me and my friend.. Thanks

  • @markfarley8448
    @markfarley8448 Před 3 lety +2

    I have a question , who is the one holding the bag of fiat currency after all these crypto coin are sold . Besides failing monetary vehicles what is acceptable in trade for crypto ?

  • @maryjoseph1838
    @maryjoseph1838 Před 2 lety +2

    Beautiful video here

  • @thompsonlearner2050
    @thompsonlearner2050 Před 3 lety +31

    99Bitcoin, I listen everyday and have been watching the BTC market. Can you do a video on the amount of liquidation that goes on in the bitcoin derivatives market? it looks like it is the major driver of bitcoin price this last week. there is a short squeeze happening right now. it's beautiful ❤️

    • @sulekha3771
      @sulekha3771 Před 3 lety

      Did it take you long to learn Bitcoin and to be able to read the charts effectively to know when to trade/invest?

    • @spiritinthesky572
      @spiritinthesky572 Před 3 lety +2

      @@sulekha3771 I have been "invested" in crypto for about 3 weeks. I think you just have to keep watching tutorials and looking at charts and get in there and do it and you eventually know more than you did at the end of the day than when you woke up.

    • @blackshadexl
      @blackshadexl Před 3 lety

      @@spiritinthesky572 Any good profit so far?

    • @nataliehurla2733
      @nataliehurla2733 Před 2 lety

      Hi

  • @georgewarlb1006
    @georgewarlb1006 Před 2 lety +5

    Trust is built slowly over time, but it can be shattered in an instant. Honor your loved one by acting with integrity at all times. The only engine that power a good relationship is trust and trust is based on integrity and respect we have for each other

  • @udomeprince1625
    @udomeprince1625 Před 3 lety +2

    Nice one brother 💪

  • @sridharva3088
    @sridharva3088 Před 3 lety +1

    How do we value a crypto asset. In stocks there are metrics like PE Ratio, BV, Debt equity ratio. Are there any such metrics to ascertain if a crypto asset is undervalued or overvalued.

    • @jameswinter804
      @jameswinter804 Před 3 lety

      Money needs to be spent carefully, for me choose investing my money properly rather than spending like a fool.

  • @johnjuwell2304
    @johnjuwell2304 Před 3 lety +6

    Knowing about bitcoin is good but getting to invest with the right source is peace of mind

  • @msminervaserrano9189
    @msminervaserrano9189 Před 3 lety +4

    is it possible to contact someone i have some questions i would like clarification on

  • @sackmadhushan4503
    @sackmadhushan4503 Před rokem

    Thanks a lot

  • @lft_0135
    @lft_0135 Před 2 lety +2

    I've learn a lot about bitcoin because of your channel. I salute you guys.

  • @bitdonorssyndicate8253
    @bitdonorssyndicate8253 Před 4 lety +5

    I don't get what you mean by resource section. Where do I find that?

    • @99Bitcoins
      @99Bitcoins  Před 4 lety +1

      You can find further information and resources in the description of the video

  • @drakurusrfelicity5445
    @drakurusrfelicity5445 Před 3 lety +2

    Great video forbeginers

  • @oparadesmond8615
    @oparadesmond8615 Před 2 lety

    Wow. This is a very nicely video

  • @victormaxwell2143
    @victormaxwell2143 Před 3 lety +2

    Pls which trusted platform can one trade Bitcoin in Nigeria

  • @alhaax
    @alhaax Před 2 lety +7

    Most underrated CZcams channel for cryptocurrency❣💯

  • @raamk2270
    @raamk2270 Před 3 lety +83

    Now China did ban btc..you accurately predicted the future with an example

    • @ericgrosvenor67
      @ericgrosvenor67 Před 3 lety +5

      There’s a lot more crypto currency than Bitcoin

    • @maxwellnwankwo5972
      @maxwellnwankwo5972 Před 3 lety +2

      Believe what I gonna tell you

    • @mcmerry2846
      @mcmerry2846 Před 3 lety +2

      Lol, it is in China's DNA

    • @haovan1674
      @haovan1674 Před 2 lety +3

      Mostly noises and communists' news. I asked all my traders friends in China and Hong Kong why their government is banning Bitcoin, and all of them laughed at me like I was making a joke.

    • @deepuztrading
      @deepuztrading Před 2 lety +1

      @@haovan1674 I'm from China and take a laugh from me also... Hahahahaha!

  • @arisgolseen2693
    @arisgolseen2693 Před 3 lety +2

    Is it good to join a company trading bitcoins and earn 1% of the trades?

  • @saramukisa4547
    @saramukisa4547 Před 3 lety +3

    Very enlightening. Thank you

  • @user-xf8bj4db9k
    @user-xf8bj4db9k Před 3 lety +7

    Would love to learn about the "Stable coins" that you mentioned some time ago. Make a video on that if possible.

    • @user-og3ll8wr3j
      @user-og3ll8wr3j Před 3 lety +1

      I totally agree. A 99bltcolns level research stable coins would be really helpful and informative. A 99bltcolns , consider this

  • @Mykitchento_yours
    @Mykitchento_yours Před 2 lety +4

    So say a person earns idk like 100k for example can you take money out any time? Or withdraw? Or how does it work? New to this! Trying to learn and make income.

  • @overagain6455
    @overagain6455 Před 3 lety +11

    Clear, informative and went straight to the point A+

  • @butsonboursiquot5662
    @butsonboursiquot5662 Před rokem +3

    Good stuff... overview helpful!

  • @Dbzpain-
    @Dbzpain- Před 2 lety +3

    Thanks was by far the most helpful video I've watched about this

  • @tinajay64
    @tinajay64 Před 3 lety +49

    Excellent Video, this video setup is really very understandable.

  • @TheMindfulDavid
    @TheMindfulDavid Před 3 lety +3

    Thank you for the basic enlightenment

  • @diepreyeseyeifa4450
    @diepreyeseyeifa4450 Před 2 lety +2

    Bitcoin is the future of trade

  • @jolsh
    @jolsh Před 3 lety +5

    Great video. Concise and information only.

  • @marinhinkle6843
    @marinhinkle6843 Před 2 lety +24

    This guy is teaching everyone free. Respect compounded

  • @Best-combat-system
    @Best-combat-system Před 3 lety +3

    Great video and well explained. !! Thanks

  • @batgirlp5561
    @batgirlp5561 Před 3 lety +3

    I bought some so I hope this will explain what I have now

  • @Naaga
    @Naaga Před 3 lety +6

    This is just gold for understanding bitcoin trading, thanks for simplistic explanation on it.

  • @jameswambua7914
    @jameswambua7914 Před 3 lety +5

    Now want invest but have not got any body to guide me correctly I fear taking the risk

  • @varnan1376
    @varnan1376 Před 3 lety +9

    Thank you for your effort. This is so well explained to someone not knowing enough about these terms. Thank you!

  • @tonyagwagu4113
    @tonyagwagu4113 Před 3 lety +5

    Very very clear to understand

  • @OpeLeke
    @OpeLeke Před 3 lety +3

    quality videos

  • @dabigguardian5138
    @dabigguardian5138 Před 3 lety +2

    Thank you,very clear,the real mechanics and abstract of btc

  • @giggshallad482
    @giggshallad482 Před 3 lety +1

    Excellent video

  • @truleyblessed7406
    @truleyblessed7406 Před rokem +1

    Thx bro

  • @tonystork6708
    @tonystork6708 Před 4 lety +35

    Clear as water. Thank u.