Crypto trading is what a lot of people actually want to start looking at the overall hype that has gone around it. But most of the time, the popular question people always ask is how can I start trading crypto from zero. This was also a question I asked myself many years ago actually. I have really consumed that ideology that before you start trading in crypto, you must have a huge capital. But it actually turns out not to be so.
Actually, what people did not understand is that starting crypto trading especially from zero. Probably you did not have any technical skills or the experience, for me I believe with the crypto space now, you can start everywhere and from anywhere as far as you have the discipline to keep going. The first thing I will ask you to do is first understand the basics of cryptocurrency. There are a whole lot of resources for you online most especially on YouTube that can help you understand the basics without not even struggling. You can get a lot of value from it.
The second step you need to consider if you want to start trading crypto is to quickly pick the right crypto exchange you will be using. Thank God we have a lot of them right now, we have coin base, we have binance and we have kucoin. If you are starting as a beginner, I will recommend you pick binance because it will help to with simple interface. Just create your account, verify your identity and start trading. For as low as having $5, you can even start trading. You don't necessarily need to have that much before you start trading.
In fact what I will always recommend to every beginner is that you should start small and have a particular trading strategy. I hate copy trading. Find out your own trading strategy and stick to it. Why I said you should start small especially with a little capital is that, as a beginner which you are just starting, you will still need to learn a lot during the journey. What I use to tell people most especially beginners is that as you are starting, your main target should be on learning and not for profits. When you have master the act of learning, you can now scale to the aspect of trading with huge capital.
The last counsel I will give is that you should practice with demo account. What do I mean by that. There are some platforms that gives you demo account whereby you have some virtual capital to practice trading. But you can not withdraw those capital and even those profits you make. For me, this is the best option because you will be able to learn a lot without not losing money. When you have adequately learn a lot, you can now even fund your account with your real money. There is no excuse again not to start trading even if you are just starting
