How to Do Crypto Trading with ₹500 - Crypto Trading for Beginners

[00:01] want to do crypto trading. But what is important to understand in order to trade cryptos? How to work on the platform ? And people do not know how much understanding of the platform and the market should be there.

[00:14] video I am going to explain to you in detail How should you understand all the things and what is the complete understanding of the entire platform ?

[00:28] ? Look, first of all, if you are a complete beginner, then you should understand that if we talk about crypto trading, then you will see two types of things in crypto trading because many people have this question that there will be 30% tax,

[00:43] not be levied, now I will explain to you how it happens. When you talk about crypto trading, there are how it happens. When you talk about crypto trading, there are spot trading and the other is crypto FNO i.e. futures and options. Ok

[00:57] ? Now you understand the difference in this, what is it? The difference is that when you are doing spot trading in crypto, then the spot trading which is what we call our spot trading, it comes under VDA. Ok? What

[01:10] is VDA? Virtual Digital Asset. Now if any of your transactions is coming under VDA, then if any of your transactions is coming under VDA, then you will be charged 30% tax on that transaction. Ok? And plus you

[01:27] 30% tax on that transaction. Ok? And plus you you bought Bitcoin for ₹1000. I am giving you an example, if you sell it for ₹1100 then the government will take ₹30 from it. If you trade spot within crypto

[01:42] because what happens in spot? You are owning the spot. You You are owning the spot. You take ownership within the spot. Ok? So as soon as you turn it on, it comes under VDA transaction and the

[01:56] government imposes tax on it through VDA transaction. Now the next thing is Future FAO. What happens at FAO now ? First of all, there are perpetual futures within FAO. Ok ? Meaning that futures have no expiry. Now, like if I brought you here to

[02:09] coin D6. You can see it here. So this chart that you are seeing, this chart is my Ethereum chart which is open. And if you look carefully at the chart of Ethereum, you will see that ETH USDT is written here.

[02:22] Meaning, this is the futures chart you are seeing. This is not a chart of the coin. So the futures here are perpetual. Meaning that there is no expiry in it. It is non-expiry. Ok? So first of all you should understand this thing.

[02:35] Secondly, when you transact in FAO , futures, crypto, trade in futures, then these things do not come under VDA then these things do not come under VDA because these are derivatives. Now you understand that

[02:49] when you work on CoinDCX, you can do VDA transactions as well as VDA derivatives on CoinDCX. So if you are trade in futures. If you trade in futures, it is a non-

[03:03] BDA transaction and you will not be charged 30% tax there. Ok? Here, your tax will be levied according to your business income and that too if your annual income is above ₹12 lakh. If it is below ₹12 lakh then

[03:18] you will not have to pay tax on it. But yes, you will have to disclose that you have made a transaction in futures and options. If your tax is due then you will have to pay it. But you will not have to pay 30%. Ok?

[03:30] First of all, you should understand this. Now let's come to the next thing and we understand how when you are choosing the platform, if you want to work on Coin DCX, then it is very important for you to understand what things

[03:43] first. Ok? First of all, you should understand that Coin DCX is a crypto broker.

[03:56] Ok? Now you should understand one thing that you can work in both on a crypto broker. Both in Spot and in FAO. What happens in FAO is that you are not taking any ownership. If you are not taking ownership then you do

[04:09] not have to pay the 30% tax here. Now understand the next thing, when you are working on CoinDCX, then you should understand that any crypto broker which is Indian and you are working sitting in India, that thing becomes 100% legal.

[04:26] If that broker has these two things then first of all first of all FIU registration that broker should be FIU registered and secondly it should be ISO compliant.

[04:41] So if these two things are there like if you come here to Coin DCX. If you can see here then the coin is DCX FIO registered. You can go and check what is their FIU registration license? There is a number in it. You can check everything.

[04:54] Ok? So it should be FIO registered and ISO compliant. If you see both these things in a broker who is Indian and is highly trusted, then it means that he is 100% legal. Your money is 100% safe. Meaning that if you

[05:09] Your money is 100% safe. Meaning that if you deposit or withdraw funds here.

[05:21] account will be blocked, nor your account will be frozen , nor your money will be stopped. You can do everything easily. 100% registered. Ok ? So first of all you should understand this. Now it is very important for you to understand one more thing when you are choosing your broker on Coin DCX.

[05:34] How does something happen now? I'll also give you an overview of the platform as a whole. When you choose your broker, understand one thing. If you are working on the coin DCX. Ok? Or you want to work. So let me give you one added advantage. Let me

[05:48] tell you one thing. When you work in crypto, you incur charges. Ok? The charges seem quite high to you. Your maker fee is and when you close an order, your taker fee is 0.05% of the order value. Now

[06:04] what if you want to save this fee then I will tell you a way. then I will tell you a way. You will find a special link of mine below. If you go to that special link and create your account, you will

[06:17] get two very big benefits. First of all, you will get a discount of 20% on you will get a discount of 20% on your brokerage. So the money you your brokerage. So the money you spend will be 20% less. Secondly, you will get

[06:30] access to our premium community. How to get it? You just have to create your account and when you take the first trade in it, you have to send us the screenshot of that trade. We will add you to the premium community. All the details are

[06:44] given below. Now let me tell you one more thing. In case you already have an account on Coin DC6, what can you do? You can find the Google form below. You should fill that Google form properly.

[07:02] you can send us the screenshot of that form on WhatsApp to our contact and we will still give you access to the premium community. Ok? So first let me tell you that by doing this you will get the benefit of all these things.

[07:16] So if you are new to Coin DCX and you want to do crypto trading , want to understand things then you can create your account from the link given below. If you make it directly from somewhere else or make it in any other way, then you will not get this 20% discount

[07:29] nor will you get access to the premium community. Now I will move ahead. Now the next thing you need to understand is that you should understand the platform. Ok? Now first you should

[07:43] build the understanding within the platform. Ok? Here I will write how you can understand the platform. Now here it is very important for you to understand some things

[07:55] because many people are new. Ok? They do n't even know the basics of the platform and how it works. What and how to do on it. The first thing you need to do is

[08:11] complete your KYC in it. Get your bank verification done. Do everything. After that, your next step is that you have to add funds. Now that you have to add funds. Now when you add funds, you

[08:24] can either add it through UPI or you can do direct NEFT transfer. Keep in mind that the funds you add should go from the same bank account which you have registered. Because if you do it with someone else then

[08:38] your money will stop again and then it will come back. He will not go into this for you. Ok? Your coins will not go into your DCX wallet. When you transfer your funds in this manner, the funds reflect in your IAR wallet. Let me

[08:53] tell you. Ok? Reflects inside your IAR wallet. Reflects inside your IAR wallet. After that your job is to deposit this money After that your job is to deposit this money into the futures wallet. Ok? Now let me

[09:05] explain it to you. For example, suppose you are starting with ₹1 lakh. Ok? For example, you deposited ₹1 lakh in IAR wallet. Now whatever amount you want to trade with , whatever amount you want to take the trade with,

[09:22] transfer that amount from IAR wallet to the futures wallet. So suppose you say that friend I will use 30% then you transfer ₹00 from your IAR wallet to the Futures wallet and both the wallets will be useful to you. So first you have to make your transfer from IAR wallet to Future wallet.

[09:36] And it is not necessary that you invest all the money. As I told you that if you are starting with ₹1 lakh then first deposit ₹00 in the future wallet and then do your trading with ₹00.

[09:48] So first of all you should understand that this is the understanding of the entire platform. Now let us understand the next thing. What happens is that you set out to capture either bullish momentum within the market. Correct? Or you set out to capture bearish momentum. Did

[10:03] you understand this thing ? For example, if I come here in front of you, then right now you look at this market chart here. This is a one hour time frame. Ok? Now on the one hour time frame, if I feel that from here I am

[10:17] seeing an upward momentum and I feel that my price will move like this, then what will I do? My job is to make long trades. And if I feel that the market will move downwards then what is my role? My job is to

[10:33] make the trade of short. Ok? You should understand these two things. So there are two types of orders. And you can do these things from here. If you look here, long is written on one side and short is written on the other side. This is the same thing that I told you. If

[10:46] you are taking an upside trade then you have to go long. If you are taking the downside then you have to short. Ok ? After that you understand this thing. Here you have got complete clear understanding till here. Now understand one thing. If you feel

[10:59] that the market is bullish then you will go long. If you believe the market is bearish, you will short. Ok? What's the next job? The next thing you have to understand is the concept of leverage. Ok? Because you

[11:14] cannot trade crypto without leverage. Reason being because if you look at the price of Ethereum, if the price of Ethereum is around $2000, around $240 , then you can understand an approximation of how much money this is? This

[11:28] is a part of Ethereum worth around ₹2 lakh. So how do you trade? If you don't have that much money , then you will have to use leverage. What does leg leverage do? Leverage magnifies your funds. So, if you

[11:42] if you apply 20x leverage on ₹10,000 to ₹10,000, then your order size will become ₹1 lakh. So you can take a trade of ₹10,000 to ₹1 lakh So you can take a trade of ₹10,000 to ₹1 lakh

[11:58] but it is not required. Why? Because the position you will create will be at ₹2 lakh. So the loss you incur or the profit you make will be based on the order size of ₹2 lakh. Ok? You should understand this thing first. Now you understand the next thing, what is to be

[12:11] understood here? You can select your leverage from here. When you click here, it is written Select Leverage. Now I have it on 1X one. I can take it to pay. 3 4 5 6 As much as you want. I can take it for 40. 45 p.a., 79 p.a., 100 p.a., 20 p.a. So at

[12:27] 20 I will bring it here and confirm it. As soon as I confirm by placing 20, it will tell me my price change i.e. how much difference is there between my price change and my liquidation. This means that if the 3.5% position

[12:41] goes against me, my money will be liquidated. So I have to place my stop loss before that. If you confirm here, your leverage will be selected. What is the next thing after this? You have to select the type of your order.

[12:54] As you can see here, there are three types of order types in front of you. three types of order types in front of you. Market, Limit and Stop Limit. A second market, market, limit and stop limit. Now let me

[13:09] explain to you what is the difference between the three orders. Ok? you have selected the leverage, you have selected the direction. After that you either place a market order. What does market order mean? That

[13:25] your order will be executed at the current price. Ok? First, if you place a limit order, then in the limit order, if I go here, then

[13:38] then I have the option here that the price is currently running at 244. So if I want to buy it at 2004 then I will make it 2044 or I will make it 2043, then what will happen is that

[13:54] when the price reaches 2043 then only my buying order will be executed. So this is the way it is. You can also buy by entering the limit price and selecting your price. Ok ? And this happens in buying. So you can place a market order if you feel

[14:08] that you have to enter immediately at the current price , if the price goes down then you can place a market order immediately. Then you have to select the size here. How does this happen? Look here you can select IAR or USDT. You should

[14:20] select only IAR margin. Ok? After that, let's say for example, whatever funds you have, how much portion of it do you want to use here? For example, suppose you have ₹1 lakh or ₹10,000 in your Futures wallet.

[14:33] You want me to take a trade with ₹5,000 then I will use only 50% of ₹10,000. So I'll bring in the 50% pay slab here. My order will automatically come here for ₹5,000. things here. What is the total available margin amount

[14:46] and what will be my liquidation price on that amount? After that I can execute my order by clicking on Confirm Order here. thing that you have understood is first market order and then limit order.

[15:01] What is the basic difference between market and limit orders ? In limit, you decide the price at which you want to take entry. Ok? Now comes the third stop limit. What is a stop limit order and how can you use it?

[15:17] I will explain this to you now. I will decode it and show you. Ok? You can do all these things on mobile application also. I am showing you on the web. You can is beans. Everything is exactly the same. But you should have the understanding

[15:30] that brother, I am going to trade, so I should know how things work. Now you understand that if you place a stock limit order, then the stock limit order is basically stock limit order is basically for your selling orders at a

[15:43] particular price. Now let me explain the difference. Suppose I opened this market. Ok? I can see 2045. Now I feel that my friend will go up from here. So if I want to buy at 2045, at a particular set price,

[16:00] I want to buy at 2045 only, then I will place a limit order for long. But I ca n't place a limit order to short. Because if I place my limit order for short, it will also be executed immediately. If I'm shorting and I'm

[16:14] execute immediately. So what happens to short pay ? On short, you have to place a stop limit order. for suppose you are deciding that it is at 2045 right now. I want that

[16:32] as soon as the market reaches 2040, my entry plan for short should be ready. My short trade should be executed. So for that trade you will have to use stop limit order and you will have to enter the price here. Then your stop limit order will be placed. This

[16:45] means that as soon as the market reaches 2040, your stop limit order will be executed and your sale will be done. So this is the difference between limit order and stop limit order. So if you want to buy at a particular set price

[17:00] then you can place a limit order. If you feel that the price will go down then you can immediately place a market order. If you want to sell at a particular price point, you can place a stop limit order. That will get you selling. I

[17:12] hope you have completely understood this thing, you have understood what I am trying to tell you. In this way, this entire calculation works for you. Now the most important thing for you is that when you are going to trade and you are a

[17:26] complete beginner, then what should you look at while trading because people come and trade randomly, so you should not trade randomly. I will also give you a simple strategy which you can follow. Ok? And that strategy

[17:40] works quite well. Let me tell you the name of that strategy. You can use the 920 EMA strategy. And you should always use this strategy on one hour time frame. If you want, you can do it in 15 minutes also. But your

[17:55] accuracy is good in one hour. Now how does this strategy work? Basically, we use work? Basically, we use two exponential

[18:07] Ok? Let me show you how this whole thing works. I'll go into the indicators here. I will remove whatever I have put on now. Ok? I'm going to go to the indicator here and first I'm going to type in EMA. So I got the word Moving Average

[18:20] Exponential written. I clicked on it and then my default length is nine. So this blue colored line that you are seeing, this blue colored line of mine is the line of nine EMA. Now I went to the indicators and

[18:33] I clicked on EMA once again and I got another EMA. How much did I change the length of the other one to? I made it 20. And I changed its color. Colour, what have I done? I changed the color to white. Ok? I did ok. Now

[18:47] look here, if you look very carefully, you will see that I have a white line and I have a blue line. Now understand here that your nine understand here that your nine EMA is the average of your price

[19:02] EMA is the average of your price of the last nine candles and your 20 EMA is the average of your price of the last 20 candles. Did you understand this thing? Now you should understand how to trade. What have we done now? Right now we have

[19:17] opened one hour time frame. It is a very simple thing. If you see here, my one hour time frame is open here. On the one hour time frame, you should see that my price is

[19:34] 920, that is, whether it is moving below or above both my EMA lines. First of all understand this. Ok? Now what I see here is that the price is moving below both my 9 and 20 EMAs on the 1 hour time frame. You did this first.

[19:47] What do you have to do in the second step? I am telling this for absolute beginners so that you can do the right thing right from the beginning. Take the right trade in the market. What's the next thing you need to do ? You go here. Open it like this, the side bar and click on it.

[20:00] By clicking on this, this line will appear for you. In this way your one line will be formed like this. You draw a trend line. Now suppose you see that the market is moving below both the EMAs at 920 on 1 hour. So you have decided that

[20:15] friend, I will not make a trade plan on the selling side. I will plan short only. If it is going up then I will plan long term. Understand this first. Now if I am planning to trade short then how will my trend line be formed? Understand that first. Ok

[20:28] line be formed? Understand that first. Ok ? I came up with this line. I ? I came up with this line. I put this line here first. Ok? Go and put this line here first. Ok? Go and see it once. This is my

[20:41] dot below me, okay? Where the wick of this candle is, the wick of the candle on the one hour time frame is. I connected this line on this wiki. Ok? Whenever I am looking at the market on this wick , I connected this candle on this wick, that is, the lower wick of the candle

[20:56] , this is its shadow, and I drew a proper line here. Now I have to wait. What do you have to wait for? I have to wait for my price to reach the target. Now I have already decided that I will

[21:09] plan a short entry. This is my plan for now. Ok? Now I have to wait for This is my plan for now. Ok? Now I have to wait for my price to break this particular point like this here. Ok ? When I see a break here. I will

[21:23] see my price breaking at this point. So what will I do here? I will shorten it. I will make my trade plan for short. My stop loss should be placed at the one hour high, that is, my

[21:37] stop loss will be placed at this place and after that I can carry my trade here. So this is how you have to plan your trade. Using the 920 EMA strategy, you can draw such a trend line on the one-hour time frame. First you see whether the price is going up or

[21:52] down. If the same trend line is moving upwards, then I will also show you a long trade. If it is moving upwards then your trend line will be formed like this. Look, if you want to plan a short trade then the trend line is formed from bottom to top and

[22:05] if you want to plan a long trade then the trend line is formed from top to bottom. Ok? So you can see it here. Let me show you here now. Look here, I drew the trend line here. This is my line. Here I

[22:20] This is my line. Here I drew the trend line. As soon as this candle wick broke. Now look, this is my trend line. As soon as the wick of my candle broke here, it means that this price started forming above this zone of mine.

[22:34] So what did I do here? Planned my entry for a long time. I placed my SL here and I got my target here. Very good. In this way you have to plan your proper trade.

[22:47] So this is the method by which if you are a complete beginner then you can plan your trades using 920 EMA strategy.

[22:59] You should understand one more thing in this. When you come up here, you must definitely see what to set for 24 hours high and what to set for 24 hours low. Ok ? This will improve your understanding of the market a little. You will get a

[23:13] range. Basically if my 24 hour high and low is 2096 and 202. This means that the market has given a movement of 70 points in the last 24 hours. I am can see Bitcoin separately. The Bitcoin

[23:28] chart will also open here. So Ethereum has given a move of 70 points in the last 24 hours. So this is my range of 70 points. You should understand this thing first. Ok? You should understand this whole thing right now. So Ethereum is moving in the 70 point range. This should be

[23:42] your basic understanding. Now I hope you have understood everything that what you see and how on the Coin DCS platform. How you have to take trades, how you have to place orders. How can you select leverage?

[23:54] I have explained everything to you here. I hope you found value in the video. If you join us in our Premium Community this is where I share all my trades. I tell people everything in advance. Ok? So whatever trades I

[24:06] analysis I do in the market, I share it with my community. If you want to join it then I have told you the method. Create and send us a screenshot of your profile details. Please

[24:21] send a screenshot of the first trade. properly and send us the screenshot of the form you have filled. add you to the premium community. And if you create an account using our link

[24:36] , if you are new to Coin DCX, you will get a 20% discount. I hope you have understood after watching the entire video how you can trade using the coin DCX. See you in the next video.