Back in 2017, I was a Bitcoin Miner. Using about 15K I had invested into computer equipment, I steadily grew my mining farm from 15K to 50K over the period of about 8 months. When Bitcoin popped to it's highest value, around 20K, I was making more than 30K a month. I thought I was going to be rich forever. I didn't clearly understand markets. Naturally, when Bitcoin collapsed from 20K to only 3K, I had to shut down my mining farm, sell all of the equipment at a huge loss, and even sold a large amount of personal possessions to avoid debt. If not for some help from family, I would have also lost my home.
The silver lining to my failure is that I can teach others to avoid my same fate. I learned an incredible amount of facts about Bitcoin and the cryptocurrency markets as well, and have been keeping a very weathered eye on Bitcoin since. A good friend of mine who was getting ready to purchase a new home for his ex wife and son told me to take what I learned and apply it to the Forex market. So here I am.
I can learn very quickly as long as I have some good instructions or a good instructor. But I think the best way to start is to get the community together and ask what the best ways to prove to yourself that you can be successful would be.
So I open the floor to the community. What's the best way to get started? I'm not a complete novice, I know that expecting success right off the bat is a farce and a long road into hardship. I have the most schooling out of anyone in my entire family; I know that I can do this. How can I become the best version of myself?
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[–] Baytern 0 points 1 point 1 point (+1|-0) ago
Hello! I have not a very long experience, but anyway I'd like to recommend you to talk to some experts or your personal advisor at any trading platform. I have one at https://everfxglobal.com, for example. Because Forex is not similar to other markets and trading, there is more difficult as far as I know.
[–] sinclair 0 points 1 point 1 point (+1|-0) ago (edited ago)
Maybe start your journey here: big banks no nonsense
His whole channel has a lot of useful information, and it's all technical trading.
This guy is pretty easy to understand. He speaks good.
Edited: Start from the beginning. The original link started 13 minutes in... Sorry about that.
[–] AlexanderMorose13 [S] 0 points 1 point 1 point (+1|-0) ago
Thank you very much. Since you're the first response here, any personal advice you can offer on the subject?
[–] sinclair 0 points 1 point 1 point (+1|-0) ago (edited ago)
It's a personal journey, everyone trades a little differently. This guy provides a good framework. You can take what he gives you to the next level if you're driven. I binge watched/listened to this guy. Go through his playlist (it's on YT). He gives guidance on where to start (go through the beginner section). All of his material is worthwhile, I would consume it all. Then go from there. Watch the Big Banks video first so you know what you're up against, "the game" as it were. He confirmed everything I suspected about Forex from personal research. I cannot state things better than this guy. He's for real.
Key points: Money management, psychology, technical.
Key characteristics: Initiative, discipline, and patience.
We can chat later about it. I'd be happy to compare notes. :-)