Transcript [EN]: How To Trade & Invest in Crypto as A COMPLETE Beginner (2026 GUIDE)

Crypto is confusing. You have thousands of people telling you to buy this or that altcoin and most of them are actually either pretty useless or just straight out scams. And you know, personally, in my first year in crypto, I lost quite a lot of money. And that was because I had no idea what I was doing. But now, after more than 5 years in crypto, I have figured out what works and what doesn't. So today in this complete crypto trading and investing guide for 2025, I will show you exactly what works, how to invest smart instead of gambling, which apps to use, how to read and understand charts, and we will even take a look at, you know, step by step how to buy your first cryptocurrency. So by the end of the video, you will know how to make real money with crypto instead of just hoping to get lucky. But all right, so let's begin this course by answering the very important question, what is crypto? Because in order to make money with crypto, we of course need to know what crypto is in the first place. And in very simple terms, crypto is a form of digital money. But the key insight here is that this digital money is not controlled by any single company or government. This is at least true for the most popular bitco uh crypto which is bitcoin. When it comes to the smaller coins that we will talk about a lot throughout this course, some coins are actually a bit more uh centralized than others. While a coin like for example, Bitcoin is very decentralized and decentralization is actually a key point here that we will come to really soon. But the second point about crypto is that crypto uses blockchain and a blockchain is basically a secure public record of all transactions. So you can basically think about a blockchain as a list here of transactions. So these transactions might be that let's say I send uh you know one bitcoin to you that could be one transaction and a blockchain is a public transa uh public list of transactions so everyone can see them and they are also very secure because they use as um cryptography to basically make the network secure. But for now all you need to know is that it's digital money. It uses blockchain. And the third very important point here is that most cryptocurrencies are decentralized. So the power are basically distributed across all the members. So for example, when it comes to Bitcoin, there is not you know uh an owner or a CEO of Bitcoin. Uh the power in Bitcoin is spread all across the network and this is true for most cryptocurrencies and this is very unlike for example our current monetary system where almost all power is centralized. For example in the US uh the central bank uh the Federal Reserve has almost all power when it comes to monetary policy and similar things. But now let's take a look at what are the main types of cryptocurrencies and the main uses. And we can't talk about crypto without mentioning the crypto king. Bitcoin is the, you know, a crypto most people have heard about by now. And by the way, as I'm recording this video, as you can see, Bitcoin is trading very close to an all-time high. It actually broke a new all-time high today. Uh so if you are holding Bitcoin, you know, congratulations on the recent moves. By the way, this website you're seeing right here is Trading View. And we will return to Trading View later on. But for now, all you need to know is that Bitcoin is the largest uh cryptocurrency. Many people, including me, see Bitcoin as digital gold. So uh and the reason we're seeing Bitcoin as digital gold is because it acts as a store of value unlike for example uh you know US dollar or the currency here in Sweden. I'm from Sweden. Uh we use we use the Swedish kuna. All of these currencies like USD, euro and other yacht currencies, they lose value over time because the governments and central banks just print more of it. However, the opposite is true for Bitcoin because the rate at which Bitcoin grows actually becomes less and less over time and there were and there will never be more than 21 million Bitcoin. Um, and by the way guys, if you want to learn more about Bitcoin, I do have a video where I go a little bit more into depth about how Bitcoin works. So if you want to you can feel free to check that one out. But now we need to move on here so we don't you know so this course doesn't get too long. H but the next thing I do want to mention real quick here is defy. This stands for decentralized uh decentralized finance. And this is not like Bitcoin which is you know the main uh one of the main use cases of Bitcoin is the store of value aspect. But when it comes to DeFi they focus more on things like borrowing, lending and trading without banks. Some famous examples are Ethereum and Solana. The next very important category I want to talk about is stable coins. And stable coins are cryptocurrencies that tracks uh the US dollar or some even track the euro. But the main goals of the stable coins is to be exactly worth the same as a US dollar. But at the same time they are cryptocurrencies. So they are very commonly used in for example crypto exchanges like for example Bybit and Binance. Um by the way later on in this course I will show you guys step by step uh how you can buy your first cryptocurrency on buy bit. But right so now let's take a look at a very important question and that is of course why would you want to invest in crypto in 2025? Many people are thinking you know maybe you know am I too late is it too late to invest in crypto in 2025 and you might also wonder you know is it any idea to you don't have to invest maybe you want to focus more on trading uh we will don't worry we will talk both about investing and trading in this in this course uh but what are some main reasons well the first obvious reason here is that adoption is rising it feels like every single day if you are following crypto more and more people and even companies are buying Bitcoin. Just recently we got some news here in Sweden that the first public company you know ever actually recently bought Bitcoin in Sweden. So so both on the institutional side but also normal retail traders and investors like me and you are getting more and more into Bitcoin uh and into crypto in general. Another key reason why many people invest in Bitcoin is because Bitcoin has a limited supply. As I talked about earlier, there will never be more than 21 million Bitcoin. So many people are are pretty much fleeing into Bitcoin because they see that their savings in for example the dollar are losing value year over year while they look at the bit the Bitcoin price and see that Bitcoin is going up year over year and one big reason is the limited supply here of Bitcoin. Another big reason of why crypto why to invest in crypto is that many people see you know high growth potential in new projects related to defy. So you might have seen you know some of these altcoin charts uh charts where an altcoin goes up uh you know maybe 10x or even 100x in value in some cases. Many traders and investors are uh looking into crypto because they basically want to get rich quick. And is that realistic? Well, not really. And we will talk about that later on. However, can you make lots of money in crypto? Yes, you definitely can, but you need a systematic approach and yeah, that's probably why you're watching this video. Another reason is that stable coins make moving money worldwide uh much easier in many cases. And here this is actually very interesting and it was a lot of talk about about this before but not as much anymore but it's still relevant and that is that governments are actually both creating and experimenting with their own digital currencies called CBDC's. Uh so even governments are getting into crypto and you know just recently the US government has been starting to get into crypto as well. So we're living in super exciting times. Last but not least here, Bitcoin ETFs are now available in some countries and are growing and growing. If you don't know what an ETF is, don't worry. I do have a video about that and I will make sure to link that video up in the corner as well as the description if you want to learn more about ETFs. But they basically stands for exchange traded funds. So these are funds that are basically traded like stocks on normal markets that you can buy and sell uh easier compared to for example you know maybe Bitcoin itself. So it's a way for people to get exposure to Bitcoin without actually buying uh you know actually signing up for a crypto exchange for example. But right so now the time has come to learn about some very important terms and crypto fundamentals that you know every single beginner needs to know about before you start investing or trading. And the first term is uh very important and that is exchange. What is an exchange? Well, it's simply a place where you buy and sell crypto. This is where you buy Bitcoin. This is where you sell Bitcoin. So, first of all, we have something called a CEX. This basically stands for a centralized exchange. So, these are the normal uh sort of exchanges like you might have heard about Coinbase or Bybit or Binance. Uh by the way uh for both Bybit and Binance here and I also have actually for Coinbase as well but mainly for Bybit and Binance I do have some uh special links that you can find both in the description and the top comment where you can get bonuses the more you trade on Bybit. uh the more you trade, the more uh free money you will get. And on Binance, you will get uh a 10% off on all your trading fees. So, if you want to make sure to check out the links down in the description and here the next term you need to know about is tokconomics. Uh this is basically a play of words between a token, which is basically a cryptocurrency and economics. So tokconomics are basically the rules that make a coin valuable. This is a uh you know simplification but these are rules like you know for example supply. So for example in Bitcoin's case it will never be more than 21 million bitcoin. So that is an example of tokconomics. Uh but in tokconomics you also have things like uh what are actually the use cases of the crypto. So for example, when it comes to Ethereum, you have things like smart contracts and you also have, you know, different kinds of rewards and other rules for the crypto. The next key term very important to understand is the market cap. And the market cap in very simple term is how much is the cryptocurrency worth in total. So to get the total value of the whole cryptocurrency, you take the price times all the coins. So for example, when it comes to Bitcoin, right now it's trading at uh you know 110 million, I mean 110,000. So to get the market cap, you take 110,000 times how many bitcoins there are in supply right now. And right now it's not really 21 million yet because Bitcoin is still growing yearbyear, but it's maybe more something like 20 million here. If you're looking for the exact value of the Bitcoin market cap, you can use a site like for example Coin Market Cap, a very suitable name. Just go to coinarketcap.com and you can see the market cap right here. So right now Bitcoin is actually worth $2.2 trillion. So you know adoption has already gone super super far. And here as I mentioned earlier I actually made a good g you can see the total supply of Bitcoin is around 19.86 million. So to get the market cap, you basically take this number and you multiply it with the current price of Bitcoin, which is right now at around uh $111,500. Another term that can be useful to learn about, maybe not the most important one, but it's FDV. And this is basically the total value if all coins were released. So, if we go back here to coin market cap real quick, you can see that you have the F FDV right here, which is around uh 2.32 trillion. And if you go here, uh let me remove that one. But you can see that the fully FDV stands for fully diluted value and it's basically the price times the max supply. So this is when you take this price right here times uh the max supply which is 21 million. Another term that you need to learn about is bullish and bearish. If you are following crypto people on you know maybe X or basically if you're following any kinds of crypto or financial news in general you will probably hear hear about these terms. And in very simple terms, bullish simply means price up. Bearish simply means price down. So if I for example say that I'm bullish on Bitcoin, that means that I think that Bitcoin will go up in price. And if I for example say that I'm bearish on Ethereum, that means that I think that Ethereum will go down in price. So you can just think about it as price up, price down. But right, so now let's take a look at some very useful beginner crypto apps and tools. And let's begin here by Coin Market Cap and Coin Gecko. I already showed you guys the Coin Market Cap. On that one you can find, you know, pretty much uh any cryptocurrency you want to know more about and you can find out things like prices, market cap, FDV and you can learn a lot more about the cryptocurrencies as well. There are some nice news there and you know these are two beginner friendly uh sites that you know I highly recommend. Another site you can check out is D by Llama. Here you can see where money is moving in DeFi. So if you are more interested in DeFi, definitely check that one out. I haven't personally used this one a lot, but it's still a recommended tool in the DeFi space. Now, the next tool I of course have to mention is Trading View. And if you have been following our channel and community for a while, you know that I really really like Trading View. Trading View is basically the app that you will use for all things trading. It doesn't really matter if you're trading cryptocurrency or maybe trading stocks. Trading View is a place where you will find everything you need for trading and technical analysis. So now just to show you guys Trading View super quickly here. Uh right now we are inside the trading view and we are currently looking at a Bitcoin candlestick chart. So on this chart you can see that every single bar here the green bar and the red bars are known as candlesticks and current currently these candlesticks uh each candlestick represents one day. I also have some very simple analysis here on the chart. And you can see here to the left here. I do have some things I'm tracking like Bitcoin, Ethereum, Dogecoin. All of these three uh all of these four uh XRP included or cryptocurrencies, but I also track track all of these are different kinds of stock market indices. Here you have some stocks and so on and so on. And this is just a watch list of things I'm tracking in Trading View right now. Uh, and you can use Trading View for so many things. For example, if you go up here to the indicators tab, you have tons of different indicators you can use to analyze uh, charts. For example, you might have heard about the MACD indicator. The MACD is an indicator you can use to basically help you identify buy and sell signals. So, you know, where should I buy, where should I sell cryptocurrency? All of these things are uh basically things we do inside Trading View. And by the way guys, if you haven't gotten started with Trading View yet, I actually do have a special link for Trading View and I will make sure to leave that link both in the description and the top comment. Uh you can use that link and you can try out Trading View Premium for free for 30 days. And then if you later on decide that you like Trading View enough and want to upgrade, then you will get a $15 bonus and at the same time you will support the channel. So if you're new to Trading View, h make sure to check that link out. Uh but for now, let's jump back into the presentation because we don't really have time to go deep into Trading View. Um I can also just mention real quick that if you want to learn more about Trading View, I do have a full 2hour long Trading View tutorial. uh and I will make sure to pop that video up right here. So, you know, if you have the time and want to learn more about the technical and trading side of crypto, uh I highly recommend to check that one out. But right, so now then the next things we need to know about are exchanges and wallets. This is super super important because without exchanges you you know are not able to buy crypto unless you are buying a thing like an ETF uh that we talked about earlier. But first of all exchanges are where you actually buy and sell your crypto. And as we talked about earlier we have for example centralized exchanges like Bybit, Binance and Coinbase. These are just a few examples and nowadays you have you know at least you you know you have tons of different exchanges and depending on where you live you know uh what fees you want and you know how easy you want the exchanges to use some different exchanges can be good for different purposes but as I already mentioned here uh earlier for buy bit I do have a very nice link that you can use to get more money the more you trade they have a max bonus of $30,000. Uh but most people will not reach it. However, I do think uh around 80% of people will get $100 in bonus or more. So definitely guys, make sure to check that link out. Uh and also later on in this course, I will show you guys step by step how to trade on Bybit. So, you know, if you want to, you can already make an account. If you instead prefer to trade on the largest exchange in the world, as I mentioned earlier, you can also check out Binance. I do have a link for that as well. But now, when it comes to exchanges and wallets, you also have self custody platforms like MetaMask, Phantom, and Ledger. Uh but you know to not make this video way way too long. I don't really have time to dive deep uh dive very deep into self- custody in this video. But let me know in the comments if you want a video about that in the future. Last not least you have some portfolio different kinds of portfolio and tax tools. Some uh some uh some of them are coin ledger coin tracker that helps you track your coins and taxes and there are many alternatives. I out there. Uh, but once again, I don't really have time to go super deep in this video. But right, so now then now to perhaps the most important question in this whole course. And that is of course how do we actually make money in crypto? And when it comes to making money in crypto, we basically have two main ways. The first way to make money in crypto is investing. And this is basically when you buy and you hold for the long term. So for example, you might use something called DCA, which means that you buy a fixed amount of a cryptocurrency like for example, Bitcoin every single month or every single week. Some crazy people even buy, you know, a small amount, a small amount every single day. And this right here, this strategy should not be underestimated. So, for example, if we just quickly jump back here into trading view, uh, by the way, now I'm looking at a weekly time frame. So, every candlestick, every bar you can see here on the chart represents one week. But the reason I'm showing you this uh time frame, this weekly time frame is so you guys can see how profitable uh you know investing in Bitcoin has been. So let's say that you have been a Bitcoin investor for a long time and you use DCA which is dollar cost averaging. Let's say you used to buy every month. So you um and let's say that you actually started on you know the very peak uh let's say the very peak here in 2021 you bought right here uh and you you know you you actually bought on the exact top so your journey started with you losing money but you bought right here and then you bought again down here then you bought again up here again down here again down here again down here and as you can see your purchases here, as long as you keep on buying and as long as Bitcoin is going up, you will make money over time. And especially the, you know, people that started to buy way back uh you know, maybe in 2015 or even earlier, they are super super rich now. So, historically, investing in Bitcoin has been a very, you know, very good strategy to say the least. Um, and the reason I'm showing you guys this is that many people jump into crypto and they want to, you know, become a day trader. Uh, there's definitely nothing wrong about wanting to day trade and you can make a lot of money day trading, but I really feel like I have to show you guys the power of investing. If you invest in the right cryptocurrency and are consistent, there is, you know, you have a great opportunity to make lots of lots of money over time. But now then, as I briefly mentioned, the other way to make money in crypto is trading. And this right here is when you buy and sell much more often for quicker profits. And this right here is much riskier because you have a big risk of actually losing money. Uh if especially if you don't know what you're doing. Uh but don't worry if you're watching this course, you are on the right channel because uh on YouTube I have tons of full courses on how you can be a better trader. However, this is something that takes time. You need a lot of time and practice to become a bet a better trader. So for most people if you are not willing to spend a lot of time I would actually recommend investing but if you have the time and you know are really willing to learn you can make even more money with trading but it's higher reward and it's also higher risk. Last but not least I also do want to mention here just a quick note on taxes and that is that for many people when you trade the taxes can become much worse. For example, here in Sweden, uh if you are trading on exchanges, the taxes are just horrible in Sweden. I don't have time to go over exactly, but they are not good. But there are a few other methods you can use like derivatives of cryptocurrencies, but I'm not going to go into that. But definitely to maximize your gains, you do want to look into the taxes on the country where you are from. Don't underestimate this because if you don't look into this um it can you know you can lose a lot of uh unnecessary money. All right. So this next section is a little bit more for people that want to trade crypto. So perhaps you want to make money quickly. You don't want to wait years to slowly make money over time even though that is more safe. You want to really dive in and start learning about trading. If this is you, you really need to learn about technical analysis basics and you are uh as I mentioned earlier, you are on the right channel uh because I do have a full uh playlist right here on YouTube with tons of, you know, one-hour long trading courses on different technical analysis concepts. And I actually recommend you to really take your time and go over that playlist. uh you know it might take you weeks, it might take you months. Uh you really need to do it in your own pace. But just to in this video go over some super simple just examples of uh tools uh you can use to trade. Uh so one such tool is trend lines. Uh these are basically drawn lines to see uh you know a potential price direction. So for example, if we jump back here into trading view, you can see that this right here, you can see this black line is an example of a trend line. This right here is a trend line that defined the long downtrend that Bitcoin was in all the way back since around, you know, January this year. So Bitcoin was in a downtrend and you can see that when Bitcoin finally broke out, we actually started this move towards the upside. But you can also see that I have some more trend lines drawn. for example, right here and for example, right here. These two uh sort of trend lines together and these two things are what we call chart patterns. And this is yet another example of a technical analysis concept that you can use to, you know, figure out where to buy, where to sell, and where to set your target. I can actually link my full chart pattern course right here on the screen if you want to dive deeper into that. But these are just some examples of tools. Some other examples are for example Fibonacci tools where you can find uh levels where the price is likely to bounce. I have a course about that. Uh another example is moving averages. I have a course about that. Another example are the RSI indicator. Once again, I have a course about that. Last but not least here, uh this is something I don't have a course about, but I wanted to mention that many people talk about Bitcoin mining cost and many see this as a sort of floor where the price is unlikely to go below. But this I have to be honest is not something I have uh you know lots of knowledge about. uh I just know that many people uses this as as a floor and I want to show this as an example that you know people are not only using the traditional technical analysis tools but they can use other tools as well like you know uh and other indicators that are more based on perhaps uh more fundamental aspect but some traders still consider consider this a technical analysis aspect but right so now then now we're going to take a look at three very important aspects of crypto trading and investing and that is how to buy, how to store and how to organize your crypto. So first of all uh you need to know you know how do I buy crypto and as I had mentioned earlier in this uh course multiple times now you can use either buy bit binance coinbase there are other alternatives as well definitely do your own research I personally as you know highly recommend uh both bybit and binance and that is not only because I do have these special links and offers to them Binance is the largest I think I'm pretty sure it's the largest crypto exchange in the world right now. And Bybit has some some of the best bonuses out there. So, if you want to get more money uh when you trade, definitely check out by uh Bybit. Also, Coinbase is known as one of the most trusted exchanges. And a fun fact is that Coinbase actually recently got added to the S&P 500, which is basically the world's largest stock market index. So that brings a lot of legitimacy to the crypto market. So definitely check out uh either some of these exchanges or do your own research. And here this is actually very important when it comes to how do I store my cryptocurrency. And here if you are a beginner and uses small amounts of money, I think it's definitely okay to keep small amounts on the exchange. So if you don't have a lot of money, you can, you know, keep your money on your exchange. Uh but that is a little bit risky. For example, Binance uh buy bit a few months ago actually got hacked. it got hacked and lost uh a pretty big amount of uh their Ethereum reserves. However, in my opinion, by bit handled that super super well and no customers lost anything. So that was very uh very well done by by bit. But there is always a slight risk that things can happen to the exchanges. And that is why many people and this is a safer option recommended to move coins to your own wallet like for example MetaMask, Phantom or Ledger. This is safer but it also means that you have more responsibility. The sort of next step is what we call hardware hardware wallets. So Ledger is an example of this and this is basically the best for very long-term uh storage. So if you plan to hold for multiple years or so that is uh one of the safest methods and here when it comes to tracking your portfolio you can use many you know pre-made apps or spreadsheets nowaday you can use uh many tools like AI for example chatbt to create to basically create your own small apps and spreadsheets too uh so there are lots of options there and you also have specific tools for taxes like coin ledger coin coin tracker and so on and so on. And as I mentioned earlier, make sure to double check uh what taxes uh what the rules are for crypto taxes in your country. All right, so last but not least, here are some regulation and safety uh tips for 2025. Uh here where it comes to regulation, here I just listed some of the things that are coming. uh we do have some more legal uh and rules coming in the US and also Europe and Asia as well. Uh but here it's important that depending on where you live uh you need to do some of your own research on the regulation side because uh you know I have audience uh our YouTube community is from all over the world so I can't really res list out all the relevant regulation. It's very important to do some of your own research here. But here I can definitely mention some general safety tips and these are very important to follow. The first point here is that you should never share your private keys or seed phrase to anyone. Also, you should always watch out for fake sites and scams. So, always double check that the URL is correct. So for example, even in this video, even when I give you links, always, you know, it doesn't matter how trusted you think that the the the one is, you should always double check the link. So for example, when you click on my buy bit link or Binance link, you should double check that it actually says, you know, uh, you know, bybit.com or the correct site. Always double check things. The next one might sound super obvious, but there are still people falling for things like crypto, free crypto offers and so on and so on. They are I don't know why it says usually right here. They are always pretty much always scam. 99.99% of the time these are scams in general. If it sounds too good to be true, it tends to be uh too good to be true. Once again, for example, my buy bit link. Yes, you can get up to $30,000 in bonus, but if you look more closely, you will see that in order to get that full bonus, you need to trade, you know, for I don't remember the exact amount, but you need to trade for so much. So, uh most people will for example not get the full bonus. So, always, you know, double check that uh d basically double check everything is a good rule of thumb. Another uh good safety tips is to use two factor uh authentication 2FA for all accounts. And you should definitely stick to official and trusted apps and platforms. And this right here is a very good segue to the next part of this course. The next part of this course is a Bibbit tutorial that I made a while back. And in this tutorial, I will show you exactly how to set up your buy bit account step by step. I will show you how to buy your first cryptocurrency. And I will even show you guys some methods on how to actually, you know, know where to buy and where to sell your crypto. So I really hope that tutorial will provide some value. All right. So the very first thing we need to do before we can start trading or investing on Bybit is of course that we need to sign up. And for the sign up process, I have actually managed to get a special link from Bybit. You can find the link both in the top of the description as well as the pin comments. And by using this link, you will get free bonuses the more you trade. And as you can see, you can actually get up to $30,000 in rewards by using this link. However, I do want to mention right away that most people will not reach $30,000. As you can see here, most people over 80% will win $100 or more, but not many people will reach all the way to $30,000. But all right, so after clicking on the sign up link, you should be on this page right here. And to double check that you are on the correct page, it should say uh buy bit xmindmath money here at the top. And you should also see this referral code uh 88512. If for some reason you can't see this code, you can type it in uh manually in this box. After you have made sure that you have the right number, you can either sign up here by email or you can sign up by mobile number. It doesn't really matter. So, you simply type in your email right here. And then you choose a password. And here it's highly recommended that you right away try to choose a strong password. And as you can see, you have some requirements here. Uh the password should be 8 to 30 characters. It should have at least one uppercase letter, one lowercase letter, and you also need a number. All of these points is to make sure that the account is secure. And later on in this video, I will show you guys some very important steps uh you can take to make the account even more secure. But for now, uh this is all you need to create your account. After that, you will get a simple email or text message to verify. And then just like that, your account is created. When you first log into Bybit, it should look something like this. If you instead are on another page, you can go up to your profile button right here and go down and click on overview. This should take you to this page because now in order to actually trade or invest in buy bits, you need to do something called KYC. And the KYC is a simple process that can take just around 1 minute if you follow this step-by-step guide. But first of all, what is KYC? Well, KYC is something known as know your customer. And it's a process that Bybit does to improve security and to prevent fraud. So now to start our KYC, we simply click on get verified now. And here for the identity verification, I think this process is actually easier to do on mobile, but you can do this on both your mobile and your desktop. When you are ready to start, you simply go down here and click on verify. And what you need to do is that you need to do two steps. First of all, you need to send some type of identity card to prove your identity. So, this could be a driver's license, an ID card, passport, or anything else that can prove your identity. I think the alternatives here will differ a bit depending on your country, but I'm from Sweden here, so I can choose between driver's license, ID card, and so on and so on. And then after this, you will need to prove that you are you. And this is done using a simple facial recognition process. As I already said, I think this one is easier to do on camera. And what you basically do is that you simply film your face. You will get step-by-step instructions. And just like that, your profile has been verified. But all right, so congratulations. You are now done with the identity verification. To double check that you are done here, it should say right here under your name on the account info tab. Uh so to get to the account info tab, you go to the profile right here. You press on account. And you can see here that under your email address here at the top it should say identity verification level one. And what you can also double check now and this is important is that to the right here it should say affiliated with and then it should say 88512 because that is my affiliate code and that is to make sure that you will get the actual bonus the more you trade here. And we are very soon going to take a look at how you can put money into buy bit to start trading. But before we do this, I want to talk about some very important security related stuff. And the first thing I want to talk about is right now for your account, it might say that your security level is low and it might be a red box uh right here. And that is not a good thing because of course when we trade, especially if we're going to use a lot of money in by bits, we want to have as high security as possible. So now let's take a look at some things we can do to improve your security. And what I recommend is that I recommend to go down and press here where it says security. And here as you can see I have currently enabled all of the two factor authentication uh authentications here for the account. But I don't think you need everything right now. If you used your email you will already have the login and you will have the email. But to improve the security even more you can set up SMS authentication. This will make it so that every time you log in you will get an SMS from bybit and that enhances the security. But in order uh to get the green and the highest security I think you also need to set up this Google two factor authentications. And this is basically a simple app you download on app store or your Google phone. And this app will show you a code that uh regenerates like every 10 seconds or or any 20 seconds or so on and so on. So what you simply do is that you put in your password and email when you log into Bybit. Then you open up the app, you get a code and then you simply log in. It's a very simple process. And after setting all of this up, you should be able to go back to your account info and you should see that the security level is high. But guys, if you have any questions regarding this security process or maybe about the KYC, make sure to drop them down in the comments below. I will try my very best to answer uh as many questions as I possibly can. But now one final thing I want to talk about before we can start funding our account and start trading and make money here on buy bits is that we can actually improve our uh verification even more. If you click identity verification right here you can see that right now we are uh we have done level one verification and this is actually enough to start trading. But what I do recommend here is that you actually complete level two as well. And what you need to do here for level two is uh I can actually show you guys here. You can click here. You see it says proof of address. So you can verify your proof of address by using this uh address verification process right here. Uh the documents that are accepted are things like bank statements, utility bills, internet, uh slash, you know, phone line bills, tax returns. You have many different documents that you can use to verify here. And the address verification just takes a few minutes and it will unlock some more features here on BBIT. So I do recommend to complete this step, too. But as I said, this is not something you have to do. But all right, guys. So now you have a buy bit account and you have done all the security and all the things you need to actually start trading. So now the next thing we of course need to do is that we need to deposit and we need to put money into buy bit. And here there are a few different methods we can use to deposit money right into buy bit. And let's actually start with the easiest method. And the easiest method, at least in my opinion, is to go up here where it says buy crypto and then you go down to where it says oneclick buy. As you can see, buy crypto within seconds. This is a very simple uh process here. The next step you need to do is that you need to choose the currency you want to spend. So uh maybe you want to spend euro then you simply search euro or I'm from Sweden so maybe I want to spend uh the Swedish kuna right here. That's the currency we use. But to make it simple let's choose euro right here. And let's say that we want to deposit €1,000. And the reason it says insufficient balance right here is because right now we have the balance payment method. To change the payment method, you simply click on this button right here. And here, as you can see, you can use Apple Pay, you can use Google Pay, or you can simply use a bank card. And for me, I think the bank card is a very simple method. So, let's use a bank card right here. I have personally already put in my details. But what you need to do, you simply put in your card details and then you click buy with euro. And just like that, you now have money in your buy bit account. But all right, so now I want to show you guys another method to put money into buy bit because even though cards are very cheap to use, uh the fees when you use your card can actually be a little bit higher than this method I will show right now. So the next method you can use now you can go up here uh to buy crypto and then you can go down here where it says fiat deposit and once again here you can first choose the amount and the currency. Let's once again choose euro here and let's choose €1,000. Then you can choose here between payment methods. You have something called sen.com. I have never used this, but you also have uh and you can see it's 0.92% fee. If you want lower fees, you can use the SEA. And this right here is a normal bank transfer. So, you can choose SEA and then press continue right here. Here you get the terms. It's very straightforward. You can see that you deposit €1,000. The fee is around €2. And this right here is what you will receive. You need to then agree right here and press continue. And here and this is important when you use this uh payment method. You want to ensure that your account details actually match the information you provided during when you did your KYC because if this information is inconsistent, this might actually make it so that you can't transfer the money. So just double check that. And you can also make sure here that when you transfer that you don't really mention anything cryptoreated because you know some banks don't really like crypto. So if possible you know just just don't mention anything about crypto here. And you can also see here that the re recommended amount is€ 10 to 20,000 and so on and so on. Make sure to just quickly read through this whole note here before you transfer. Next, you will come to this page right here and you can either scan the QR code right here or you can just look and copy the bank details. These are the details that you need to copy. Then you need to go to your own account and create the payment to these details. So, make sure that when you make the payment that all of the double check that all of these details are correct. One sort of downside with this payment method is that it usually takes like maybe one to maybe up to uh three business days for your money to actually get into the account. So, if you want to, you know, start trading right away, I recommend to use the card method I talked about earlier, uh, by using the one-click buy right here. But now, some of you guys might of course wonder, uh, let's say I want to send crypto from another exchange to Bybit. How do I do this? Well, let's quickly take a look at that. Once again, you want to go up here to where it says buy crypto. And now you want to go down to where it says crypto deposit. Next up, you need to select the crypto you want to send in to buy bit. So you can either search for your crypto right here. Uh but let's keep it simple. Let's say that we want to send uh Bitcoin. And next here you can see that you can choose a chain or choose a network. For Bitcoin is very simple because we only have one chain right here, the BTC. But for some other cryptocurrencies like for example here for Ethereum you can see that we have multiple different chains here with different confirmations. Uh but what you want to make sure is that you send it over that you have the same network on uh where you are sending from. So maybe you are sending from Binance. You want to make sure that you have the same chain on Binance as here on Bybit. For example here, let's say that we want to send USDT. If we choose TRC20 here on Bybit, we need to also choose TRC20 from this sending exchange. As you can read right here, this is a confirmation of this. Please confirm that you are depositing USDT to this address on the TRC20 network. So, we need to acknowledge that. And then you will get your address. You copy your address to where you are sending from. You might have to wait a few minutes, but it's usually a very swift process and the money should arrive into Bybit in a few minutes. Finally, I can also show you this thing called P2P trading. And this is great because it has uh zero fees. So, by clicking on this section right here, you can click okay. Then you need to click confirm here. This is important. You need to make sure that you are the ones uh actually using your account here. Um but here you can see that we actually have other buy bit users that you can buy directly from. So to make it more simple I can just choose to display it in euro right here. Confirm. Here you can see that we have different users that are selling uh USD tether. So if I for example want to buy USD tether from this user right away we can see here that the price is 0.954 uh euro. You can buy USDT by simply pressing right here. You choose how much you will pay. Just make sure that you have uh you know sufficient uh money in your account. And just like that, you can trade peer-to-peer with other bybit users. But all right, so now at this point in the course, you have hopefully chosen one of the methods to deposit and put money into your Bybit account. But now you might of course wonder, you know, where can I find my uh money? Where can I find my cryptocurrencies and other assets? Well, to do this, you simply go up here to the upper right where it says assets and you press right here. This will take you to a page where you can see an overview of your buy bit account. You can, for example, see that on this account I have around a total of 96.84 $84 in assets. But what you also can see here is that we have two different accounts. We have one account called funding and we have one account called unified trading. And after you have just recently put money into bybit, uh the money should be here in the funding account. But in order to actually trade on bybit, we need to put the money in the trading account which is called unified trading. So now you might of course wonder how do we transfer money from one account to another? How do we transfer money from funding to unified trading? Well, to do this is very simple. What we want to do, we go up here to the upper right corner. We press on transfer. Then we choose from funding to unified trading. And if you want to put all the money into your unified trading, you simply click all right here. You can also choose a manual number. Let's say I want to just put $90. But here I want to put all the money into our trading account. So we can get started trading here on Bybit very soon. After you have done this, you simply press confirm right here. You need to maybe wait a few seconds and sometimes you need to refresh the site here in order to see. And as you can see guys, just like that, now we have um 96. We have all our money in our unified trading account and we are ready here to trade. If you now want to see exactly what type of assets we have in our our account, you click on it here. And here you can see, you know, what cryptocurrencies we own. You can for example see that on this account I currently have uh $92 or $92 USDT. So this is uh available right now for trading. Uh but I also have a little little bit of ETH right here. Just like $4 of ETH and almost nothing here in Bitcoin. And if you have other assets, you can go down here and check all your assets. This is a great sort of overview where you can see all your assets on the account. All right. Okay. So now when we finally have money in our trading account, now we are ready to start trading on Bybit. And I want to begin here by showing you the easiest way to buy and sell crypto here on Bybit. And to do that, what you want to do is that you want to go up here to where it says buy crypto. And then you want to head down to where it says convert and click right here. This will take you to a very simple trading window. And what you do here is that you first basically show what crypto you want to use for the transaction. In this case, remember we have 92 USDT here. Uh which is pretty much the same thing as US dollar but on but it's a cryptocurrency. So here we want to trade. Let's say we want to trade uh our USDT to uh for example Bitcoin. Then we click on the two button here and we search for the ticker symbol for Bitcoin which is BTC. Uh, by the way, if you want to if you ever want to search for a cryptocurrency, it's much easier if you search for the ticker s ticker symbol and that is basically the three letters here or it can sometimes be four or sometimes be two letters and they are basically used as a way to quickly identify a crypto. If you don't know the ticker symbol, you can just for example Google Bitcoin ticker symbol and it will come up. But now let's choose Bitcoin right here. We want to trade USDT to BTC. We also need to choose the amount here. And in this case, let's just click all. So, we use all our uh USDT uh and convert it to Bitcoin. To then trade, you simply need to click get a quote right here. You will have a few seconds to confirm the transaction because if you wait uh for too long, the price will have moved a bit, right? Uh so we need to click confirm transaction here before the timer is over. It will uh you know process for a little bit and just like that we now have bought bitcoin. To double check that we have bitcoin we can once again go back here to view our assets. And what you now will notice is that in our account we now have bitcoin. It's not a lot. It's 0.00009 0009 Bitcoin, but it's still something here. But now, let's actually go back here to the uh convert. So, we go to buy crypto convert once again because now I want to show you guys that you don't have to use USDT. If you want to, you could, for example, convert uh maybe Bitcoin to Ethereum. And to do that, you simply choose from Bitcoin to Ethereum. And the ticker symbol for E uh Ethereum is just ETH ETH. So from Bitcoin to Ethereum, we can once again choose that we want to use all our Bitcoin. So we want to transform all our Bitcoin here to Ethereum. Then we click get a quote. Once again, you have a timer. You confirm the transaction. And uh it will process for a tiny tiny bit here. And as you can see just like that our conversion is completed. We can click here now on view assets. And now you will see that we have Ethereum here in our account instead of Bitcoin. Last but not least guys, I just want to show you how we can once again convert back to uh USDT. But you really get the point by now. You should now you choose from ETH to U uh to USDT. Uh we choose all here and we convert back to our USDT because we will need the USDT uh for very soon when we will actually go to the buy bit trading platform. But once again to confirm we can click on view assets right here and you will see that the USDT is right here. But all right guys, so now it's finally time to take a look at the buy bit trading platform. And to do that, you want to go up to the trade button right here. And as you can see here, we have a few different markets. We have the spot market, future market, and options market. And in this video, I will show you guys the spot market and also the futures market. And now you might already wonder what is the difference? Well, in very simple terms, the spot market is where you trade real cryptocurrency. So, you trade real Bitcoin, real Ethereum, and so on and so on. While the futures market, you can think about it as uh you are basically trading contracts that are based on the real crypto prices. So, you trade uh contracts. For example, if you trade Bitcoin future, that is a contract that will follow the price of Bitcoin. And the future market will allow you to, for example, trade with more leverage. Leverage is a tool that can uh greatly enhance your profits, but also greatly greatly enhance your losses. And we will talk a little bit uh about futures trader uh futures trading later on. But let's begin here with the real spot market. So we press on spot right here. And as you can see this will take you to the buy bit trading platform. And let's begin here with some basics. You can see up here in the upper left corner you can see what market we are currently looking at. You can see it says right now it says BTC uh/USDT. This means that we are right now looking at Bitcoin measured in USDT. So, Bitcoin measured in it's basically Bitcoin measured in dollar. Uh, and the price you can see right here, you can see Bitcoin is currently at around $95,700. Next, right here, you can see the current price and you can see the change the last 24 hours. Here you have the highest uh price Bitcoin has been in the last 24 hours. And here you have the lowest price. Next right here we have the actual price chart. And this right here is what is known as a candlestick chart where each green and red bar right here on the chart represents one day of trading. You might wonder how do we know that that it's one day of trading? Well, we can see it right here. You see it says 1D. But if we, for example, want to change the time frame. So maybe we want every candle to be 1 hour instead, then we simply press 1H like that. And now you can see that the chart looks a bit different. And that is because now every candlestick on this chart represents one hour instead of one day. And here you might wonder, you know, how do we understand what these candles mean? What does these candles tell us about the price? Well, we have two different candles. We have the green candle and the red candle. A green candle basically means that the price has been going up during the candle. So if you look at this green candle right here, what the green candle tells us is that the price started down here and during the candle it went up all the way up here to this point. So a green candle goes up from this point to this point. Uh and the red candle is opposite. So for the red candle, the price starts right here and ends at the lowest point here of the wide part. So for a red candle, the price decreases during the candle. But what you also can see is that we have these tiny lines. We have a tiny line that ends right here for the red candle and uh right down here um at the lowest point. And what these small lines basically tell us is the highest price during that uh period which remember is right now one hour and the lowest price during that period. So, for example, let's actually zoom in here even more to make a clear example. If we take a look at this green candle, this green candle, since it's green, we know that the price went up during the candle, but it only went up from this point to this point. However, the highest point the price reached during this candle was all the way up here, and the lowest point was all the way down there. So maybe during the green candle, maybe the price moved something like this. It opened here. It went down like that. Then it went all the way up here. But before the candle closed, the price went down all the way down there. So yeah guys, I hope that makes sense. That was just a little short guide on how to read candlesticks. And as I mentioned up here, you can choose uh the time frame of the candles. So if we want to maybe change uh the chart so every candle is 4 hours, we can press right there. But all right. So the next thing I want to show you guys is the order book. And the order book can be found right here. And what you can see here in the order book is basically the buy and sell orders currently on the market. So all of these red orders right here, you can see we have many orders. uh at around 95,700. These are basically people that right now want to sell Bitcoin for these exact prices. And you can see right now it suddenly changed a lot. So now it's 95,693. You can see we have uh orders right here. And you can also see the quantity, so how much uh the people want to uh to sell. And as you can see, this is live. So this changes all the time. And on the other side of the order book, we have the people that want to buy uh Bitcoin. You see the exact prices they want to buy for and you also see the uh quantity right here. And you can see uh as I said the order book changes all the time. Um what you also can do is that you can go here and click on recent trades and here you will see all the trades that is happening uh live in the market and you can see that some trades are green and some are red. The green ones are basically when the price goes up. So this is when a buyer uh pushes the price up u while the red uh red trades here are when a seller pushes the price down. But all right guys, so now we are finally ready to start taking a look at how to actually trade in the buy bit trading platform right here. And I think for this section I will remove my camera so you guys can see everything clearly. But first of all to buy and sell here on buy bit you want to look at this panel right here. You can see that we have the convert function. This was the simple function I talked about earlier where you can very simply convert for from for example Bitcoin to USDT. But here we also have something called margin 10x. This right here is when you use leverage. So your wins will be larger and your losses will be larger as well. This can be a great way to make money faster but also as I said lose money faster. And we will talk about leverage trading later, but let's begin here by taking a look at spot trading. So this right here is when you buy actual cryptocurrency. So if you want to buy real Bitcoin or real Ethereum, you want to trade the real thing, the spot market is the way to go. Then you can see we can select here if we want to buy Bitcoin or sell Bitcoin. Uh right now we don't have any Bitcoin. So, we want to buy Bitcoin. Next, here we have some different order types. You can see it says limit, it says market, and it says TPL/SL. This stands for take profit and stop-loss. And now, let's go over these different order types because I think it's very important to know this uh in a very, you know, simple step-by-step manner. And let's begin here with the most simple order and that is the market order or for short market. What a market order basically does is that it allows you to buy or sell right now for the current price. So remember we can see the price of Bitcoin right here. Uh the price is currently at around 95,859. So if we use a buy market order, we will buy for this price. But before we can uh execute this order right here, we need to choose how much Bitcoin do we want to buy. And you can either choose a value. So uh let's say we want to use 90 US dollar. Remember our available balance is 93. Then you can simply type 90 if you want to use 90 or you can use this slider right here. So if you want to use half of your money, you can select 50%. But now let's say I want to use everything. So I want to use all my money or in other words 100%. Then I take take the slider to 100%. And now when we are ready, we simply go down here and press buy BTC. Next, you will get a confirmation window right here. You see the quantity, so how much Bitcoin you get, uh the order value, and then you simply press buy BTC. And just like that, it says your market buy order has been filled. So now we have bought uh bought Bitcoin. If you want to double check your trade, you can go down right here to where it says trade history. So you press on trade history. You scroll down here. And as you can see, here is our trade. Uh we bought Bitcoin measured in USD. You can see that we traded on the spot market. Uh direction buy here. uh and you see for uh you know how much we bought, for what price we bought and so on and so on. You get all the information about the trade right here. But now let's quickly also show how we can sell the position using a market order. It's the exact same way, but now we choose sell up here. Uh we make sure to have market selected. And let's say that we want to now sell all our uh uh all our bitcoin. Then we simply press the slider all the way up to 100%. We press sell bitcoin. Uh we confirmed the sell. And just like that, we have sold bitcoin. To double check, we can once again go down here to the trade history. And as you can see, the sell order can be found down here. But all right. So now let's take a look at the next order type. And that is the limit order. So now you want to go to the limit. You want to select limit right here. And let's start here with a buy limit order. So you select buy right here. And what a limit order basically allow you is to place an order at a certain level. So now you can choose whatever level you want to in this case buy bitcoin. So right here in the order price box, you can choose what level you want to buy Bitcoin for. So remember that Bitcoin is right now at 95,800. But let's say that we have been doing an analysis. Maybe we saw, you know, this is just random, but let's say that we found some support right here. We found some support once again. So maybe we want to place a buy order around this support which is you know around maybe 95,200. Then we can simply place an order right there. So we type in 95,200. This means that if or when Bitcoin goes down to 95,200, we will buy Bitcoin. And then just as with the market order, we can choose how much. Let's say we want to use 100% of our uh uh we want to buy for 100% of what is possible. Then we take the slider to 100%. Um and then uh when we're done, we can simply go and click buy BTC right here. You will once again get uh once again get a confirmation window and then you press buy bitcoin. And now because we used a limit order, we didn't buy bitcoin right away. Instead, our order will be somewhere here in the order book. Right? To check your current orders, you can go down right here where it says uh open orders and you press on this one. Then you can scroll down and you can see that right here we have an open order. So, we want to buy Bitcoin measured in USDT. The order type is a limit order. The price here is 95,200. And here we can see the quantity. Uh and here in the in the open orders, you can see that we can change the order price. Let's say that we when we double check, we actually uh saw that we we don't want to have the buy level at 95,000. We actually want it a bit lower. we want to change it to uh I mean instead of having it at 95,200 we want to change it to 95,000 then we can simply update the order. So just like that I updated the order and that is confirmed. Also if you uh simply want to cancel the order you can go down here you can see where it says cancel. So if you no longer want to use the order you can simply press cancel right there. And just like that, our order is no longer on the market. And as for the sell limit order, it works in the exact same way. Uh, one thing you need to think about when using limit orders is that if you use a sell limit order, uh, you need to place the sell limit above the current price, right? Uh, so right now it's 95,800. If you use a sell limit, you will need to place the limit here somewhere above the current price because if you uh place it lower, then you will automatically sell. And the opposite is of course true here for the buy limit. So if we use the buy limit, we want to press place the price below uh we want to place the limit below the current price because if we don't do that, we will automatically buy. So that is one thing to have in mind. But all right, so last but definitely not least, we want to take a look at the takerit and stop-loss order. And to do this, we want to go over to where it says TPL/SL right here. Uh, and actually, in order to show you that, I actually want to buy Bitcoin once again. Let me just uh make a quick market order where I buy Bitcoin at the current market price because I want to show you guys using the TP/SL option here how we can set a stop loss for Bitcoin. So, uh to set the stop loss, we want to go to the sell um uh button right here. And then you can see that we have something called a trigger price and we have an order price. So the trigger price right here will be the price where our stop loss gets triggered. So right now the price is at around 95,700 and let's say that once again we have been doing an analysis. Let's say that we have been doing an analysis and if the price drops below, you can see we have a wick right here. Let's say that if the price drops below this wick, we actually want to sell because if the price goes below this point, we predict that the the market will continue to crash. So here we can actually set a stop loss around 94,000, right? Because this level is just above uh this wick here is just above 94,000. So here we can set a trigger that when the price goes down to 94,000 we want to uh automatically sell Bitcoin. And then here for the actual order price we can choose to use a limit or a market order. So remember the limit places the stop at a certain level while the market sells at just at the current price to whatever price possible. So if you want to really get out of the market you can use a market order or you can set a limit order but remember that the limit order needs to be below uh the current price or it will sell automatically. So you might set a limit order, you know, maybe at 93,000 uh maybe 93,800. Um so when the price goes down to 94,000, we will place a sell order at 93,800. As for the quantity, once again, you can always choose. Maybe you want to only sell half of the position at this point. But maybe you want to sell everything. If you want to sell everything, uh you can uh take the slider to 100%. Then when you are ready, you simply press sell BTC. Right here you can see you get the information. You can double check the information. You have the trigger price, the order price and the quantity. And here it will be it says time in force good till cancel. This means that the order will be in the order book until you cancel it. And that sounds good to me. So we press sell BTC. And now just like that to check the order you can go to open orders. You scroll down and then you need to go to the takerprofit/stoploss button right here. And here you can see that we have our order. But now let's say that you for some reason don't want to use this order anymore. Then you can simply go down here and press cancel. Or if you want to change anything about the order, you can also uh simply change it by um clicking on any of these buttons. But for now, let's actually cancel uh the order. But all right. So, at this point in the tutorial, you now know how to use the different order types to trade uh crypto here uh in the spot market. Uh but now I actually almost forgot to show you guys. I just want to real quickly uh show you how you can change the market. So, uh so far we have only been looking at Bitcoin measured in USDT. But to change the market, you just go up here to the upper left corner. You hover over this button right here. And here you can see that we can search for any market. Let's say that we want to trade instead of Bitcoin, we want to trade Ethereum. Then we can simply search for ETH. And as you can see down here, we have different ETH markets. Uh you can see it says right here Ethereum uh measured in USDT. We also have for example Ethereum measured in USDC which is another stable currency. And we also have a market where we measure e uh ethereum in bitcoin. But let's keep it simple and just choose ethereum measured in USD t. So now instead of a bitcoin chart we have an ethereum chart. And once again if you want to we can change time frame. Right now every candlestick is 4 hour but if we want every candlestick to be 1 hour we can simply press here. Uh but let's say we want to you know now we maybe want to look at XRP instead then we simply search for XRP uh and we go to the XRP USDT chart like that and so on and so on. It is pretty straightforward and easy to find cryptocurrencies. Um but now we already have a pretty good understanding of the spot market. The spot market is where we buy and sell real crypto. But remember guys that I also talked about the futures market. And to go to the futures market, you go up here to where it says trade and then you go down here and press futures. Uh and let's actually do that because I do want to give you guys a quick buy bit futures tutorial. And first of all, when we open the future markets, the first thing you need to know is that as I mentioned earlier, the spot market is where you trade real crypto. And the futures market is where you trade basically contracts that follow the price of crypto. I think that is the easiest way to think about it as a beginner. And here before you watch this futures uh part of the video, I highly recommend that you take a look at the part about the spot market because most things are the same. But one big difference here and what the futures market allow you to do is to use leverage. And you can think about leverage as a tool that will multiply your profits but also multiply your losses. So let me actually once again hide my camera here so you can see more clearly. So and first of all as you can see right here the trading panel is very similar to the spot market. But what you can now do is that you can choose uh leverage right here. So you can see right now it says 5x. That means that we will win five times more than normal, but we will also lose five times more than normal. And to change the leverage, you can go right here. You can, for example, uh adjust it upwards to, you know, 10x or you can choose to drag it down to as low as 1x right here. And here, and this is very important for beginners, I actually recommend to stick with the spot market until you get used to the platform because when it comes to leverage, um, and if you don't know what you're doing, you can easily lose money. Uh, but let's begin here by using not too much leverage. Let's start by using 5x, meaning that we will lose five times more, but also win five times more. So, let's choose uh 5x leverage right here. And let's actually start here with a simple market order. So, we currently have 5x leverage. And let's say that we want to, you know, use all our money. So, we choose 100% right here. And what you can see is that even though remember we only have like 90 US, you can see that now the order value will be more. And this is because we are using leverage. We can also, if we want to, by checking this box right here, we can set an automatic takerit and stop-loss level. So, right now, the price is at around $95,630. So, let's say we want to set an automatic stop-loss uh an automatic uh I mean uh price target at $100,000. So, if the price reaches $100,000, we will automatically lock in profit. And let's say that we want to set our stop loss at 90,000. So, if the price goes down to 90,000, we will automatically sell the position. Then, when we are ready here, we can click buy slash long. And before we continue here, I want to talk about this window because this is very important because here you can see all the information about the order. And the most important part you need to take a look at is this part right here. This is the estimated liquidation price. And this value shows the price at which your position will be automatically liquidated or in other words automatically sold. So even if we didn't use a stop-loss for this for this position, we would automatically be forced to sell here if the price went down to 74,200. So when you are trading using futures, always make sure to double check this liquidation price. And another thing I have to mention is that in this case we set our stop loss at 90,000. So in this case we will automatically sell above the 74,000 point. But let's say that we have done our analysis and let's say that we set our stop loss at 60,000. In this case our stop loss would not matter because the liquidation price is above uh 60,000. So always make sure that you have your stop loss above the liquidation price. If your stop loss is below that means that you need to you know change the leverage uh and change the estimated liquidation price. So always guys uh make sure to double check the liquidation price also double check that the takerit and stop loss is correct. And when you are ready you can click confirm right here. Now, as you can see, this order failed because I waited for too long. So, let's do it again by long. We double check the uh estimated liquidation price. And we click confirm right here. And just like that, our future position is now live in the market. And here on the chart, you can now see that our takerit is at uh 100,000, our stop loss at 90,000, and here you can see our current uh profit or loss of the position. And now to check your futures position, you can just scroll down right here. And as you can see, we have a right here on the positions tab, we have the position. You can see everything you need to know. You can see the leverage. You can see the liquidation price right here. And as you can see right here, you can see the profit or loss. What you will also notice here is that when you go to open orders uh right here, you can see that we have a position here as well. And that and this is basically our uh takerit and stop-loss. Remember that we set a takerit at $100,000. uh so it will automatically sell the position if it goes up there or uh if the price goes down to $90,000 we will also automatically sell. But now let's say that you for some reason don't want to be in the market anymore. Um you want to just get out and take either profit or loss depending on uh depending on how the market has moved right here. And to do that, you simply go to position right here. And then you can see that it says to the right, it says close by. And then we can choose between limit or market. The market order will simply close the position right now at the current price. While the limit order works in the exact same manner that we have been talking about throughout this course. You can choose a specific level. But in this case, let's just choose the market right here. Let's just close the position as it is right now. Uh you can choose how much. Let's choose 100%. And click confirm. And now we are no longer in the futures market. The position is closed. We can double check by going to assets here and see that we have the US dollar right here. All right. So, at this point in the course, you know how to trade in the spot market, but you also know how to trade in the futures market. But what we haven't really talked about yet is, you know, how do we know when to actually buy and sell crypto? And here, when it comes to when to buy or sell, we basically have two broad categories. You can either be trading, which means that you buy and sell pretty frequently, or you can be investing, which basically mean that you buy and plan to hold for a long time. But now I want to show you guys some tools that you can use if you plan to uh, you know, trade. Maybe you plan to day trade, which means that you buy and sell within the same day, or maybe you plan to maybe buy and sell within the same week. When it comes to these short to medium-term trades, the by far most popular technique to use is something called technical analysis. And technical analysis is a very broad topic. And I have tons of videos on my YouTube channel where I go over some different technical analysis techniques and tools uh that you can use to improve your trading. But now I do want to do just a very basic guide on how you can start using technical analysis right here on by bit. And the very first thing we want to do when we analyze the chart is that we first of all want to make the chart bigger. So to make the chart a full screen you want to go to this button you can see right here uh where where these two arrows and you press on this one. So just like that we have the chart in full screen and we are ready to start doing our analysis. And before we start here remember we are still looking at a Bitcoin chart. And right now we're actually on a weekly time frame. So every candlestick here is one week. But if you want to, you know, change the time frame, maybe you are a shortterm trader, uh you might want to go to the five minute chart. uh which means that now every candlestick on this chart will be five minute instead. But let's actually begin here with the weekly time frame because I did see some interesting things right here on the weekly. And the first thing, the very first tool I want to show you guys is the tool you can find right here. So if you go up here to the upper left corner and press on what is called trend line tools, you can see that we have a few different tools. And the first tool I want to show you guys is the trend line. So to use this one, you press on trend line and then you press on one point on the chart and then you can drag the trend line trend line out and then you press on another point on the chart and just like that you have been drawing your trend line. Now you might of course wonder what are the main use cases for trend lines. Well as we can hear on the name we mainly use trend lines to to draw trends. And let's actually zoom in here. Let me delete this one for now. If we zoom in on the chart at this point, one interesting thing we can notice is that during this period right here, we can see that the price printed consecutive lower highs while at the same time we printed consecutive lower lows. So if you look here, you can see that it looks like we have a sort of mini or shortterm downtrend right on the chart. So instead of, you know, doing ugly drawings like I did right now, we can instead of course use our trend line tool. So we drag out the upper bound just like this. We use the trend line tool. And then a trick for you guys is if you want to copy this line with the exact same slope, you can press on it. You press Ctrl C and then you press CtrlV. And just like that you will have a trend line with the exact same slope that we drag down to the lower boundary. And you can see that just like that we have a mini sort of downtrend. And one very interesting thing you can see about the price what happened here when the price broke the upper trend line. Well, what you can see is that after this breakout, we actually saw a big move here towards the upside. So this right here could have been a you know good buying opportunity right and if we start to analyze this chart even more we will find some more interesting things. The first thing I want to point out is that before this sort of downtrend we see right here we actually saw a very strong move towards the upside. And this strong move towards the upside together with this sort of mini downtrend right here is actually a specific chart pattern. This right here is a chart pattern that we call a bullish flag. And the bullish flag actually indicates a continuation to the upside. So it indicates that this previous move here will continue to the upside. And that is exactly what happened right here. However, learning about chart patterns take quite some time. And on our channel, I have a full chart patterns training course. So, if you guys are interested in learning more about chart patterns, I highly recommend to check out that course after this video. But this was just a very simple example of how to use chart patterns. And it's very important to um point out already now that not all bullish chart patterns will lead to a move towards the upside. And not all bearish chart patterns will lead to a move towards the downside. We can't predict with certainty anything with technical analysis. The best thing we can do is trying to get the odds in our favor so that we at least win more than we lose or it will be a little bit different depending on our risk-to-reward ratio. But that is a bit outside the scope of this video. But now the next tool I want to show you guys is the volume tool. And what you can see here, the volume tool is actually already on the chart. It is this tool right here. You can see the green and red bars. And now you might wonder, you know, what does these bars tell us? Well, in simple terms, uh the volume bars tell us how much have been traded during that specific candle. So remember, we are currently we're still looking at Bitcoin. So when we see tall bars like for example you see this bar right here this means that during this specific candle and right now we're looking at weekly candles. So it means that during that specific week we saw many bitcoins traded. We saw many bitcoins changing hands basically. While if we look at a uh a candle with low volume maybe some of these candles you can see the volume was very low. That means that we didn't have a lot of trading activity during these candles. So the volume is a very useful tool in my opinion. However, I don't like the sort of uh blue line we have in the middle. So if you want to change the settings of the volume, you can go to this cog wheel right here where it says settings. And I personally like to uncheck the moving average of the volume because I don't really find it to be valuable. You can also customize the volume to however you want, but I like to use these sort of green and red bars just like this. So, I'm going to keep the volume like this. Uh, but just one quick thing I actually want to point out which I'm seeing right now or at least I think I'm seeing uh if we use if we you know just create that pattern once again. One interesting thing here we can see with the sort of move when we broke above this pattern right is that you can see that the volume increased during this per period. You can see during these candles when we broke out we actually saw increased volume and that is actually another bullish sign uh which makes it more likely that the price will continue up here. So that is one way you can use volume in general. When we see uh a move happening and have lots of volume that makes the move more significant. That is a general rule of thumb. But once again I can't go into uh too much detail in this video about uh about volume. However, I do have a full course on volume right here on the channel. So, if you want to learn more about volume, just head over to that course. It's completely for free right here on YouTube. But all right, so now then, now it's finally time for me to show you guys one of my personal favorite indicators. And I will also show you guys how you can change the settings to potentially improve the indicator even further. And to find this indicator, you want to go up to the indicators tab, uh, which you can find right here. And then you want to search for M A C D or for short MACD. This is a very popular indicator and it can be very useful. So let's press on the MACD right here. And as you can see, just like that, the MACD will appear here at the bottom of the screen. And here I think the standard settings for the MACD are already good and they can definitely be used for trading. But one setting I have been experimenting with quite a bit and that I actually find lots of value in is another setting. So let me show you guys how to change the settings of the MACD here to potentially improve it or at least make the MACD respond uh faster to signals. So you once again I can show again you go to the settings tab down here and then you want to head to the inputs and the special setting uh I'm going to use right here has a fast length of three three. So you want to change the fast length from uh 12 to three and a slow length of 10. And the signal length here is actually 16. And here, unfortunately, it doesn't look like we can choose um no, we can't choose the moving average type. I like to actually change the moving average type from an exponential moving average to a simple moving average, but that option doesn't seem to be available here in buy bit. I know that you can do that in trading view. So, yeah, here it unfortunately doesn't look like I can show you guys the complete settings. Uh but if you want to have a sort of better analysis platform, I highly recommend you guys to check out Trading View. And for Trading Trading View, I actually have a special link. Uh I will make sure to leave that link down in the description and the pin comment. And you can use that link to uh try out Trading View Premium for free for 30 days. And you will also get a $15 bonus if you eventually decide to upgrade. So make sure to check out Trading View. It's a sort of more comprehensive and better uh analysis platform. But 31016 can also work for EMA. So let's use that for now. And here there are many different use cases for MACD. Uh when it comes to normal MACD, I like to use it for something called divergences. But uh here with the 31016, one thing I'm I'm I like to look out for here is that I look out for strong momentum spikes. So for example, right here we had a strong spike in momentum. You can see that by looking at either the MACD line or the histogram here below. You can see we had strong momentum uh which basically means that we saw a strong and fast price movement. And after these strong momentum moves, that is when I usually look out for pullbacks. A pullback is basically the move that goes in the opposite direction of the trend. So this right here is the trend. This right here is the pullback. And these sort of spikes in momentum uh is a sign for me to look out to trade these pullbacks. But yeah, guys, once again, I don't have time to dive deep into the MACD indicator here on our YouTube channel. I have a full course. It's almost one hour where I talk about the MACD. So, if you want to dive deep, I highly recommend to check that full course out. All right, guys. So, now I deleted all the indicators we had on the screen so far because it was a bit cluttered. Uh, now, last but definitely not least, I want to show you guys a very popular tool called Fibonacci retracement. To use Fibonacci retracement, you simply head here to the upper left corner once again and you click on this uh you click on this tool right here, GAN and Fibonacci tools and then you press on fib retracement. And to use fib retracement, you press on one point on the chart and then you drag it to another point. And as you guys can see right here, when you do this, you will see multiple numbers appearing on the chart. And in the beginning, you might ask yourself, you know, what does these numbers even mean? Well, these numbers basically stand for percentages. So, for example, the one right here stands for 100%. The 0.786 stands for 78.6%, the 0.618 stands for 61.8% and so on and so on. And these percentages we can actually use to try to find better entry points and also exit points in the market. So a simple way to use the Fibonacci retracement, what you want to do, you want to make sure that you select the fib retracement. Then you want to anchor from a swing high to swing uh I mean I mean in an uptrend, you want to anchor from a swing low to swing high. And once again, if you don't know what a swing high and swing low is, I can only direct you to watch more of my videos here on the channel to learn all about all about it. Here we can only do a quick guide. So swing high to swing low. Then we see the retracement and most pullbacks will actually end somewhere in this area in between the 0.382 to 0.618. This is the most common area for the price to reverse. And no surprise here, take a look. where exactly this price reversed. It reversed exactly at the 0.5 level. Most of the times in real markets, you will not find perfect examples like this. Uh this was just, you know, a random example that reversed exactly at the 0.5 level. But what you will notice here is that good pullbacks often reverse somewhere in this area. So this area you can use as you know a level to pay attention to and a level to look out for entries. However, as with pretty much all technical analysis tools, you don't want to use, you know, only one tool and rely only on one tool. You want to combine multiple technical variables uh at the same time in order to make your decisions. And as always, you always want to have your risk management in check, meaning that you always need to set a stop-loss, whether it's a trailing stop-loss or fixed one. Make sure to set your stop-loss. Make sure to also actually take profits. So, make sure to set a predetermined profit target or at least have an exit strategy. But yeah, guys, this video is actually coming to an end now. I can't really dive too deep into technical analysis, but I really hope this bybit tutorial gave a great sort of foundational understanding on how to use bybit and also got you a little bit interested at least in technical analysis. Before we wrap up here, I want to remind you guys that you, you know, if you want to earn money as you are trading on Biobit, actually up to $30,000, remember to use the link down below before you sign up. It's very important. Also guys, if you want to start using Trading View and dive deeper into technical analysis, I have a special link for that as well. As I mentioned, it will also be in the description. But all right, okay. So, that's pretty much it for this course. Now, you deserve some rest. But I just want to let you know that your trading education is just getting started. When you have the time, I highly recommend to check out this playlist right here. I really think and hope that playlist can, you know, change the way you trade crypto.