[00:01] show you how a beginner can earn their first money on Bbit without any risks first money on Bbit without any risks or hassles. I will show you my actions step by step need to press to achieve the result. Why Bbit? Because it is the [00:14] number one exchange for citizens of the CIS. The exchange does not impose sanctions on Russian citizens. Everything is open, support is in Russian, and you can even issue a debit card linked to crypto. And, of course, this exchange has a very large Russian-speaking [00:27] community. Currently, it is the most advanced exchange where instruments such as cryptocurrency, stocks, we open the exchange ratings on any website, we will see that the Bbit exchange always [00:40] Binance, as we know, doesn't work with Russians , so for us, BYBIIT is exchange using my link, you will receive welcome rewards of up to [00:52] $30,000 for various types of activity. You also get access to my trading channel, trade signals, analytics from my team, access to training Golden Fish indicator, which [01:04] Golden Fish indicator, which highlights interesting trades. highlights interesting trades. [music] probably heard that it's easy to lose money. And yes, unfortunately, [01:18] it is true. 90% of people who come to the market leave their hard-earned you a strategy that will allow you to earn money on BBbit, even if you're a complete newbie to crypto. We will work on the spot market without [01:33] leverage, without complex trading, without nerves. All you need to do is set up this strategy once, and the bot will buy and sell cryptocurrency on its own, even if you're sleeping, working, or just having fun somewhere. By the way, it's free. There is [01:48] pay any exorbitant fees. And now I will explain to you how to set it up need is, of course, registration on the exchange. You need to go through the upload documents there, turn your head like this, and the system [02:02] turn your head like this, and the system will automatically verify you. Yes, this is done automatically, not by hand. So it happens very quickly. Next, authentication and install the Google Authenticator app to ensure your account is [02:15] completely secure. I'll leave detailed registration instructions in will need to top up your balance on the exchange. You have money on your card or cash. You need to have stable coins on your [02:27] balance. A stable coin is essentially an analogue of the dollar, a digital analogue of the dollar. For us, the dollar is USD, and for us, the stable coin is USDT. This is the name of the main stable coin. To buy it, you need to go to the P2P section of the jewelry store and [02:40] perform the following operation. You transfer money from your card to someone, and they send you USDT. In this case, the exchange acts as a guarantor. Detailed instructions will also be in the description, but one important point to remember is that you should [02:54] only buy from merchants with more than a thousand transactions. If you suddenly fall for a super-favorable rate, and the merchant has very few transactions, you will most likely be deceived. Remember that there are a lot of scammers on P2P who [03:09] come up with new schemes every day. Therefore, remember the rules only about .shachi transactions. And transfer it via cards, then in any big city there are now offline exchange offices. You can find them on any aggregator site without change or XNote, [03:23] or you can contact our partner exchanger. There will always be pure So, we registered on the exchange and replenished our balance. Now we need to decide on the asset that we will trade. You can visit the [03:37] Coin Market Cub website. This is the main site that contains all the information about all exchanges and all cryptocurrencies. I recommend you come here and look at information about coins, about Bitcoin, about Ethereum. Well, I should at least look at the top 10 coins. [03:51] For what? Just to understand what it is. You can read most important thing is that at the end it tells about the project. So you go in and read about proof of stake, proof of, how [04:06] operates on its own blockchain, and that's actually very interesting. There is a various infidels are trying to sell you . Why buy courses if everything is available here for free? But at this stage this will be enough for you, believe [04:21] me. Once we have decided what we will trade, we go to the Babit exchange in the spot trading section. What is spot and what are futures? Because you've probably heard this [04:34] number of different tools, but we won't need them for now. This is for more advanced users. But you must understand what SPO and futures are . Look, spot is a deal here and now. So you come to the [04:48] market, for example, to buy apples. Apples cost 100 rubles. You pay money, you get apples. We paid 100 rubles and received a kilogram of apples. You have an asset. Even if the price of an apple falls, you will still have an apple, you will not [05:00] lose, right? If the price rises, you can sell these apples further. use them. This is the spot. And futures are when you trade will be in a month, in two months, in six months. In fact, in crypto futures, [05:15] you're trading air, but you're not receiving the asset itself . You are simply trading expectations and being chopped in this meat grinder with the same hamsters as you. Plus there are market makers, plus grown-up uncles who will still beat you. [05:27] Futures trading also carries significant risks because people typically use borrowed funds, meaning they borrow margin or leverage from the exchange . And thanks to this margin, you can quickly increase your deposit, but [05:41] you can also quickly empty it. Therefore, our choice for now is the spot market. So, let's go to the spot section. And what do we see here? Don't be scared right away. Here, in fact, everything is quite simple. Here we have a chart of the asset. As you can see, [05:54] these candles represent price movement. Each candlestick displays the price movement for one day, because here I have selected one day. This is called a four-hour time frame, an hourly time frame. In this case, I suggest [06:09] because we don’t need to do high-frequency trading here. It is enough for us to see information globally. Every candle has a body and a so- called wick. If you look at the top, it says: "Opening price, [06:23] closing price, minimum and maximum value. On the right, we have the buy and sell orders from buyers and sellers are placed. Accordingly, if the buyer's and seller's prices match, the transaction is executed. The exchange charges a [06:38] commission for this. That's how it all works. Quite simple. On the right, we can place buy and sell orders. Here we can buy, here we can sell. And by and large, that's how the exchange works. You place buy orders and [06:51] buy an asset. There are two types of orders, but for now, two types of orders will be enough for you : limit and market. A market order means that we buy directly at the market price. Here is the price at the moment, we buy at it. [07:04] We place, for example, $1,000, at which I want to buy this asset, and click buy. That's it, basically, this is the price. 118195. The asset will be bought at this price. Well, maybe with a little Slippage. And there's a [07:18] limit order. This is when you want to set a price, for example, not $118, but $110,000, and buy at that price. Let's set $110,000 here. You can set the quantity in either Bitcoin or USDT, but I prefer USDT. Click the [07:33] buy button. This order will be triggered when the Bitcoin price reaches $110,000. It will be executed automatically, and I will buy Bitcoin at $110,000. Thus, by buying assets cheaper and selling them more expensive, we [07:46] can profit from the difference in these rates. And to do this automatically, there are bots for this . We'll use a gridbot, that is, a grid bot. It's called a spot gridbot. To [08:00] launch it, we go here, click and select the spot gridbot. You can also do this through the menu, tools, trading bot, and there It will be the same. Spot gridbot. The system immediately offers us its strategy: the [08:14] operating range, the number of grids, the interval, the profit per grid, and so on. Let me show you how we can set this up manually. Look, first can set this up manually. Look, first of all, let's look at the price of Bitcoin. [08:27] For example, right now the price is $118,000. Over the past couple of weeks, the price has fluctuated between $100 and [08:40] that in the near future, for example, the price will fluctuate between $100 and $ suits me. That is, plus or minus 15% from the current one is normal. With an asset like Bitcoin, there are more volatile coins, where the range can [08:53] be significantly narrower. Yes. You should also remember that you can change this range. You can start trading on one range, then expand it or create another one. You can keep this one, add another range. [09:06] That's how it works. Well, let's take Let's say the range is from 100,000 to 128,000. Here you can click the "Smart Fill" button. The system will give you, well, an approximate suitable value. By the way, [09:18] they suit me. That is, we get a price range from $99,000 to 125. Basically, it's roughly as I this range, because Bitcoin has been [09:32] in this corridor for the last three months. So, how will this bot work with these settings? Look, I'll set the hourly timeframe to make it more clear. When the bot starts, we buy the asset at this mark . Then the price [09:45] goes up, it sells, sells, sells, sells, sells. Then the price goes down, it buys, buys, buys, buys, buys, buys. Then the price goes up and at each of these values, it sells, sells, sells, [09:58] sells, sells, sells. So it It works roughly like that. Accordingly, if we take the daily time frame, the action here seems to be see the entire movement. As I already explained to you, on the daily time frame you [10:14] see the whole picture, but in fact, within this candle, it can move here 10 times. You can change the number of grids, then your profit per grid will change. If you set fewer grids, your profit per [10:27] grid increases, but there will be fewer trades, because the distance, the price range between these grids, will be greater, and accordingly, trades will be concluded less frequently. And the fewer grids, the lower the cost of investment. I [10:40] suggest you try with a small amount, say, $100-200, and see how it goes. For example, it says that the minimum investment is $136. I invest $150 and launch this grid. And you see, it warns me that at [10:54] the moment, when launching this grid, we A certain amount of Bitcoin will be purchased to successfully execute this grid strategy. I buy USDT, and the grid is launched. Now we 'll wait for the price to fluctuate [11:09] the system will buy on the upside and sell on the upside. What happens if the price breaks outside this range? If we break above this range, all your crypto will be sold off. You'll have a profit [11:23] the price falls below the range, you'll still have the asset you bought, well, at a slightly higher price. But the beauty of this is that you won't be liquidated; you won't lose your deposit. In any case, the Bitcoin will grow after [11:36] some time, and you'll be able to work within this grid again. Or you have the Bitcoin in your balance. Yes, you can completely close the grid, delete it, and you'll still have the Bitcoin you bought, and, accordingly, the asset. [11:51] You will have apples. You can keep this asset , you can stake it somewhere , transfer it, store it in wallets. It's an asset in any case; don't have an asset. You just have a puff, some synthetic, and you can [12:07] , as a rule, leverage is used there . This is very dangerous, guys. advanced settings here, a trailing stopper, trailing. Well, if you're just starting out in forex, you don't need this yet. These are [12:22] You can set a loss percentage and stop-loss and take-pro-IT order. What is a stop-loss? It's an order that limits losses. That is, if the price goes below your range, you can set a [12:37] stop-loss, say, at 99. Here. He's offering 600. So, if you're afraid Bitcoin will fall much lower, you can set 99,600 here, and at that price, all your Bitcoin will be sold . Yes, you'll be in the red, but only a [12:54] small one, a controlled one. There's a lot of debate about whether it's worth setting stop-losses on the spot market. Look, if Ethereum, then of course you should set stop-losses. But, as a rule, [13:09] stop-losses aren't particularly common on such serious, large coins . But you need to decide for yourself . Either you're ready to go into long-term investing, in which case you don't set them, or you want to limit your losses, in which case you set stop-losses. [13:22] But there's another thing. The price could go down, you'll get closed, and the price will go up. That's the story. And order take profit. Accordingly, when the token price exceeds the take-profit price, the bot automatically Close the position [13:34] according to the set parameter to lock in your profit. That's how a spot Gritbot works quite simply . Please use it, but be careful. Don't invest all your money at once or take out loans. [13:46] No, you shouldn't do that. Never use your last or borrowed funds in investments. Don't use crypto as a way to increase your deposit. It's a experience. Next, to see how our bots are working, we can go [14:00] to the "Tools" section, then "Trading Bot," and see all our bots there. Here we can view information about the bots and go inside. Look, we have a history here. These are the trades that were open when this bot was launched. [14:13] And, accordingly, we see the orders we have loaded into the bot, and the amount we have in BTC and USDT. As you remember, we bought some Bitcoin with $150. And, accordingly, now we're waiting for [14:26] it to rise. Here's the general The deposit volume is $150. That's the tool we've got Let us know in the comments. Be sure to like it, subscribe to my Telegram channel, and, of course, always use this tool wisely. Don't [14:39] pour all your money into it, don't use, as I already said, credit or borrowed funds, and don't try to make it all at once. Set a small range for the bot to work better, and try it on different [14:52] coins. That's it, guys, hugs to everyone, take care . Until next time.