![businessoffinance.combusinessoffinancepremiumsignalslivetrades.jpg](https://steemitimages.com/DQma7kKDFYiecYuKB9M8NuPrzEzdzGdkhdZ9713nfSmUBNq/businessoffinance.combusinessoffinancepremiumsignalslivetrades.jpg)

This guide is mainly intended for beginners of Cryptocurrency trading. I found some techniques to get profit from trading which i would like to share with those who are just thinking of doing it now.

**Pre-Requisites for Trading**
1- Make your account on any renowned crypto exchange which supports your deposit of fiat currency(Credit card, Bank wire etc) I am recommending some good ones below
 * Coinbase, Gemini,Gdax ( More feasible for USA Users)
* Kraken, Bitfinex (International Users)

2- Above mentioned exchanges don't support all kinds of cryptocurrencies, so below mentioned exchanges are very useful for trading almost all kinds of cryptocurrencies but in these exchanges trade is only possible via Bitcoin. 
* Poloniex
* Bittrex
I mentioned these two specifically because you can easily trade **Steem**  along-with wide range of other cryptocurrencies.

**Main Trading**
3- So crypto trading is not very difficult almost everyone can do trading of famous coins which are in TOP 30. You just have to look for different prediction analysis done by experts and keep yourself updated with major crypto-news which can effect worth of any coin especially Bitcoin. You would find many of these analysis on Steemit.

4- So main technique which i find very useful is  **Tether-Crypto exchange**.
Tether is a kind of cryptocurrency backed by actual fiat currency assets. Its conversion rate mostly remains equal to 1$.
 So for trading, suppose you buy spend 1000$ on Bitcoin when actual rate of  Bitcoin was 4000$ and when you think it has gain enough like Bitcoin value increases to 4500$ then you can convert it into Tether. So when value of Bitcoin drops to something like 4000$ again, you can again buy Bitcoin from Tether but this time in greater amount which will also eventually increase in value. This is approximately 10% increase in your capital investment but only with proper homework. This Tether technique will save you all major cost of withdrawal to fiat currency and fiat currency is usually not available for direct exchange. 

5- You can do trading of other coins like NEO, Ripple, Bitcoin Cash, Ethereum etc. also by above mentioned Tether technique and i have noticed 15-30% increase in capital investment comparing to Bitcoin but i would recommend first exploring the community of that coin to analyze its future potential.


On concluding my post, i just want to mention one special benefit of Cryptotrading comparing to traditional fiat currency  FOREX trading is that you really own the amount of share you invested and it is never going to become zero for example even if you buy Bitcoin at 4000$, it is not going to become zero again unless some major disaster happens like World WAR 3. This is not the case with Fiat Forex exchange, which is greatly influenced by market manipulation .

![poza_bc.jpg](https://steemitimages.com/DQmUq2q6gE61vy4zqTg4shf2xwmHhKvvpJx9kevwDaNQndG/poza_bc.jpg)

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I hope this guide can be of some help to you. This may not be the perfect guide but i have tried my best to share my perfectly working techniques. Any suggestions are always welcomed.
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Image credits: [1](https://www.crypto-news.net/wp-content/uploads/2016/10/businessoffinance.combusinessoffinancepremiumsignalslivetrades.jpg), [2](http://usethebitcoin.com/wp-content/uploads/2017/07/poza_bc.jpg)