Introduction to Cryptocurrency Trading
Cryptocurrencies can be traded on an exchange like Bittrex or Binance. You will need to open an account, secure it, and then send some bitcoin to your exchange account.
.png)
Once you have some funds, you can start buying and selling other cryptocurrencies that are listed on the exchange.
You need to be aware that cryptocurrencies are highly volatile and entirely speculative. Do not trade what you can't afford to lose.
3 types of trading analysis
Technical Analysis:
Using charts to study price movements by taking into account past trends.
Fundamental Analysis:
Studying social, economical, and political factors, and making educated predictions on changes in demand and supply.
Sentimental Analysis:
Understanding how the market is feeling and where it is in the structure of the market. You can understand the emotions of the market by studying tweets, news articles etc. Are they positive or negative, for example.
If you enjoyed this post would you please give it an upvote, like, and follow me @cryptoplayer
Informative post.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Mind blowing Bro!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks i really need to go back into crypto trading.. Thanks for these guides
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Once again, Thank Yoiu Very Much sir.
You make me your student.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sir kindly also tell us about other exchangers like yubit and cryptopia. Are they useful as bittrix and binance? Sir I have Account in Binance and also some amount there. But I have no experience in trading. Wich you will teach me well.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@usman93 first you need to know more about cryptocurrency.Then you can decide yourself. Complete my course then you can be a know which is better for you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ok Sir.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 1.75% upvote from @postpromoter courtesy of @cryptoplayer!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
4.71% @pushup from @cryptoplayer
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 13.49% upvote from
thanks to: @cryptoplayer.
For more information, click here!!!!
Send minimum 0.100 SBD to bid for votes.
Do you know, you can also earn daily passive income simply by delegating your Steem Power to @minnowhelper by clicking following links: 10SP, 100SP, 500SP, 1000SP or Another amount
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I once heard that in crypto trading you dont lose money rather your money it tied down, and when the prize goes up you can get ur cash
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah but some times it just goes down a long time but if you got patience it will surely rise again.. But still trade wisely not just any coin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you @cryptoplayer for making a transfer to me for an upvote of 1.26% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great info! If you are new to crypto this is a must read!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have a newbie question. What if you invest in a certain coin and the price drops dramatically like -300%. What will happen to your account? Its already negative?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit