Hey everyone, I'm pretty new to the crypto world and trying to learn as much as I can. Right now, I only have a small amount of BTC and I bought around 1000 of an altcoin to try trading with it—but it's mostly going down lately, as you probably already know why.

I wanted to ask if someone could explain in the simplest way how to get started with long and short positions. I don’t really understand how it all works. I’ve heard of things like x10 or x5 leverage, but I’m not sure how to actually open a short position, for example. I’m just afraid I’ll mess something up.

I’m currently using Bitget (if I’m even allowed to mention that here).

Hey everyone,

I’m new to the crypto world, and I’ve recently started exploring altcoins as a potential investment. However, I still don’t know much about how everything works, and I want to make sure I start off on the right foot.

I’d really appreciate any advice on:

Which altcoins are good for beginners to invest in?
What’s the best strategy to start investing—should I go for short-term trading or long-term holding?
How do you analyze a coin before deciding to invest?
Are there any common mistakes I should avoid as a beginner?
What are some reliable sources to stay updated on crypto trends?
I’d love to hear your experiences and any recommendations you might have.
 
Also, I’m trying to find some good blogs to learn more about crypto. I came across Crowdwiz.io and a few others like CoinDesk —do you think these are reliable sources for trustworthy information? If you have any other recommendations, I’d love to check them out.

I appreciate any insights you can share. Thanks in advance! 😊