how to trade in cryptocurrency

[Deleted member 28873]

Since its electronic inception in 2009, cryptocurrency (including Bitcoin, Ethereum, Litecoin and others) has grown from a largely unnoticed blip on a computer screen to a worldwide phenomenon, making and breaking fortunes through its often-volatile trading patterns and soaring growth trends.
many ways, cryptocurrency trading can be compared to forex tradingThe markets in various fiat currencies from all over the world get traded against each other. In forex trading, U.S. dollars are used to purchase a position or option in euros, Swiss francs or any other currency, then sold again at the time of the investor’s choosing, booking either a profit or a loss on the trade.

Cryptocurrency trading is very similar to forex, allowing traders to purchase cryptocurrency with U.S. dollars. As with forex, cryptocurrency traders can trade with a buy-and-hold strategy or trade the daily or weekly up-and-down volatility. You can profit from cryptocurrency going down in value, inclusing futures contracts and binary options.

With Bitcoin itself trading for thousands, it might seem like the cost is price-prohibitive for most traders to take a position

 

[Ekuvero]

Trading cryptocurrency is quite easy if you are determine and focus with some professional tutorial video concerning trading of Cryptocurrency on youtube would be able to read and analyse signals to an extent. Though I would advise you to get a one on one tutor who will guide you on when to buy and sell crypto with a huge profit margin. And if you are for short-term like buy and sell at a lower price and sell at a higher price on another Bitcoin exchange site irrespective of the market trend and its called crypto arbitrage

 

[Abigael]

Cryptocurrency trading seems so easy unlike forex trading. It is easier to learn and carry out. With so many online tutorials and guides, one can easily learn crypto trading and use it a method of investment for better online earnings. I would love to learn this skill myself soon. That will require one to be very vigilant and analytic so as not to experience bad losses.

 

[Godsplan]

Cryptocurrencies trading is a profitable online business for everyone in the Crypto community.
Once you understand how cryptocurrencies work, then I think trading them won't be anything difficult for you since you how volatile they are and how they work. However, you will require to study or copy some skills from successful cryptocurrencies traders so that you can boost your income with more knowledge and skills. Generally, these skills can be driven from successful cryptocurrencies traders who likes sharing their experiences and skills with their followers. The best place to find such people is on social medias and YouTube.

 

[Prettybabe]

Cryptocurrency trading for me is easier than Forex. If you have people to guide you, you would find it easy. There are also video on YouTube to watch and learn how these things work.

If one doesn't understand cryptocurrency trading, it's better to stay off it. One can just invest in Bitcoin and Etherum and wait for when the price would increase.

 

[Samuel72]

According to my own point of view there are many ways to trade in cryptocurrency it all depends on the one you choose and the one that is more profitable and easy for you to understand as for me I prefer using cryptocurrency app for trading because it is very easy and well understandable for me, I buy directly from the app and wait for some time so that it can appreciate then I sell directly to the app, I'm doing this because I don't want to get any confusion and I don't want anybody to scan me