<aside> ⏳ Here you will find basic resources & guides. The best place to start.
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Breakdown Report has onboarded people to the crypto ecosystem & we are proud of that! Most of you may already be familiar with the concept of transacting on-chain & getting off your exchange to have some real fun. For those that aren’t, the guide below is a great place to start.
Beginner’s Guide To Transacting On-Chain.docx
CeFi Lending Report (Celsius) - There are many ways to earn passive income on your crypto tokens, one of them is DeFi or CeFi lending! Generally, CeFi lending platforms offer some form of insurance or security against the assets you lend. While DeFi may be riskier, oftentimes you will also find a higher APY rewards for the added risk. Celsius is a simple & easy place to get started earning interest on your crypto tokens.
DeFi Business Models - While DeFi is a large & ever-changing market environment, I have drafted the following report for those who are unfamiliar. There are many different components to the DeFi market & it’s important to understand the basics before diving in.
Generating Returns in Bearish Market Conditions - This guide covers the basics of a covered call strategy on Solana. However, this strategy may be applied to any underlying asset as covered calls are also common in the stock market & some other crypto networks.
Generating Returns In Bearish Market Conditions - Breakdown.pdf
Technical Analysis 101 - Please watch the video first. You should always start with the basics of support/resistance & trendlines before moving into technical indicators.
https://www.youtube.com/watch?v=mi1Po3gatWE
Technical Analysis 101: The Best Technical Indicators for Crypto and Stocks | CoinMarketCap
Paper Trading - courtesy of @4v1q : "Paper Trading" is trading with fake money. Why is this useful? Because you can test strategies, plays, & signals WITHOUT the risk. Obviously you don't make money either, but if you're trying something new then I'd advise against jumping in with both feet. I've got two places you can do this at, Webull & Bitget - (Bitget may require VPN for certain countries, so double check or use one to help avoid your account/ip being banned/locked, just in case).
Webull you may be familiar with, as it's a popular stock broker. It's simple, but has a lot of powerful tools on top of the simulation trading, my personal choice because you can do TA right in webull! Here, you can paper trade stocks & select cryptos. Bitget is a cryptocurrency trading platform, but what's nice is that you can paper trade with leverage (BTC, ETH & EOS only). While I personally am against leverage due to the high risk, it also has high rewards. If you're looking for a place to practice leverage trading then this is it. Both websites are completely free to sign up to & start practicing your trading. (Both of these also have mobile apps too, practice trades on the from literally anywhere you can connect to the internet.) Of course, you can also do real trading on both of these platforms too. Hope this helps somebody!