Get Started In Crypto In Full Beginners Guide Part 02
a market order which is this button over here so let's go ahead and do that I'm going to buy $500 worth of bitcoin click buy everything looks good it all checks out we say yes by Bitcoin and that's it I have Bitcoin now if I go through to my assets over here click on spot you can see here are my spot positions right I have Bitcoin uh you can hide the zero balances I've got my Bitcoin position over here 0.
013 Bitcoin if you want to view which accounts have been funded well you'll need to go through to this section over here which says overview underneath that you can see your various different accounts you got funding spot derivatives and usdc derivatives in order to fulfill a spot buy there will actually have to be capital in that account so if you are struggling and you're finding that it's rejecting there's a good chance that there's no uh capital in that spot account and therefore all you need to do is click on that and go through and make a transfer
if you want to move money from one account to another you can have a look at the top right section over here it says transfer your option is either to click that button or you can come through over here and you click this one it says transfer when you hover your cursor above it so I'm going to move some of the spot to the derivatives account so again we're going from spot and we're moving it to derivatives I'm going to move $500 so I'll click all of it over there and then we click confirm
and that will simply move that money across there you go transfer complete that money has now been moved into the derivatives account which is where we do our leverage trading which you'll learn about in whale school next up in this segment of the video I'm going to show you how to choose the best coins when it comes to making your decisions of which ones to get into the market on so if you have a look over here I'm using coin gecko now you can use other platforms another big one is going to be coin
market cap but I just like coin gecko there's not really any real difference it gives you a whole list of different coins over here you're also able to create portfolios so if you want to go through to portfolios you can save coins over there uh on your watch list which you can monitor going into the future now you're actually able to take this platform to the next level and really use it like a professional and this is typically the way that I do it you'll notice that as you progress into this
bull run you're going to pick up a lot of different calls and information from other influences people are going to start to say buy this coin buy that coin it's going to go up a 100 times it's going to go up a thousand times and I want to give you one tool that I wish I knew when I started with crypto which will show you how to prove whether this is going to be a good coin to get into or not and simply put it's by pivoting the chart and looking at it in terms of Bitcoin valuation as well as in terms of
ethereum's evaluation so I'm going to start over here with this coin DEC now deed was a big name coin back in the prior Cycles all the way from 2017 and when you click on that you can see the current price you can go down over here and you can actually see a price chart and surprisingly it actually did pretty well now it went all the way up to $123 in 2018 and then in the next cycle which was 2021 it went all the way up to $233 this is actually not typical of what you expect in a bull market usually
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