Crypto Trading for Beginners

Book excerpt: How can an investor generate passive income with Bitcoin and other cryptocurrencies? If you have ever struggled in the financial markets before, you were probably striving to find a solution. Essentially, passive income is generated by doing some initial setup work. If done correctly, the setup work will pay off later on, with minimal maintenance.Studying the intrinsic value of a digital coin, and then analyzing the charts from a technical standpoint can be seen as the initial setup work that can set the passive income stream in motion. Once the trade is placed, the investor can then allow the money to come in.This book will focus on the technical analysis information that is most important, as well as how to apply it to become more profitable in the financial markets.It will cover: - How to know if the price is likely to ascend or descend- How to use a chart to see if a trend is likely to reverse- How to identify buy and sell signals on a chart- How to determine how far a price may ascend or decline- How to use candlesticks to avoid losses- How to Buy and Sell Bitcoin- and more