This is part one of what may become a series of brief tutorial snippets. They are meant for absolute beginners, and for those of you here who are considering becoming crypto assets traders.

In trading, like in any other serious undertaking, there are no shortcuts. A series of snippets will not teach you much. But I will try to point your attention in directions that are vital to understanding of how successful trading is done. There is a link at the bottom of the post, for those who are 100% serious and want to study further.

OK. Let's begin.

TRADING

So, what is trading? Trading is a chain of buy and sell transactions executed with any object or concept - post stamps and old coins qualify, but in our case we will talk about buying and selling digital pseudo assets (aka crypto coins and tokens).

Trading is done FOR PROFIT. However, in any series of trades, only some will be profitable - the reminder will be your loss trades. As a beginner, you may find this a temporary mental hurdle. But you will soon overcome it. Do not assume it, at any point, that your target is to win on all your trades. This will never happen. More likely, you will start with anything like 40 - 60% success ratio. Do not waste time on trying to improve your ratio. You can't. In the long run, you will likely see your success ratio tend towards 50%. However, as I will try to explain in this series, this is not what we are striving for.

Before you start trading, just like before going to a dentist, you want to ask yourself WHY. And you want to be sure that the deep answer is always BECAUSE I ENJOY IT. If you do not like getting your teeth drilled, trading is not for you. The shallow answer is always BECAUSE I NEED MONEY. But like any shallow answer, it is best reserved for those who will never become good at anything. Money is the best incentive, and the worst motivator.

if you learn to trade profitably, in the long shot money will become a completely irrelevant concept

So, we trade for profit, and for fun. Not for money. Be sure of one thing though: if you learn to trade profitably, in the long shot money will become a completely irrelevant concept. Making money is easy, you only need a commercial grade printer and some quality inks.

OK. So with the psycho mumbo jumbo off the table, let's look at how things get done. Let's learn something.

Have you ever heard about VOLATILITY?

Volatility is a trader's best friend. Volatility is a trader's best friend. A typo? No, a best friend.

Volatility is the range and the frequency of price changes over time. The more often the price shifts from up to down, the bigger the range of each move, the more volatility.

See the image. Laugh not. I am not a Picasso. You are not an art critic.

What do you see? Some red and green doodles? Good.

Now.

The red line has low volatility. The prices of our selected asset (coin, token, etc) go up and down but not much so.

The green line has plenty of volatility. The price of our asset fluctuates wildly, BTC critics claim this is all scam, and you THRIVE.

The red line is bad for your business.

The green one is good for your business.

The red line is low risk, but offers no profit opportunity.

The green line is high risk, and it offers high profit opportunity.

You want to trade assets with high volatility.

Now run find some. Come back and tell me what you have found.

Stay tuned for part 2 on volatility, if you liked this one enough.