how do you trade cryptocurrency?

    • 198 posts
    August 30, 2022 1:21 AM EDT

    how do you trade cryptocurrency?

    • 172 posts
    August 31, 2022 8:12 AM EDT

    I can tell you that trading cryptocurrencies can bring a lot of profit - much more than investing, mining and other types of earnings on cryptoassets. However, where there are huge profits, potential losses are also high. If you do not know how to properly analyze financial markets and trade using price action indicators, then trading can become a real disaster. To avoid this, you need to study on the Cryptocurrency Trading Education Platform https://innovationmarkets.com/  and learn to understand how the cryptocurrency market works and what factors act as a price driver

    • 61 posts
    August 31, 2022 8:14 AM EDT

    For me, i think crypto currency trade is better than stocks and forex. It is also good to know exciting projects and get in them early.

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    • 16 posts
    September 6, 2022 9:30 PM EDT

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    • 61 posts
    September 9, 2022 3:18 AM EDT

    Cryptocurrencies let you exchange them for goods and services, just like conventional money, or trade them for profits. However, unlike conventional money which is issued and controlled by governments, digital currencies are decentralized and there is no single entity that controls their issue.

    The first cryptocurrency to be created was bitcoin in 2008 by a mysterious person or group going by the name Satoshi Nakamoto. Bitcoin’s introduction was only the beginning of an influx of a myriad of cryptocurrencies, all launched with the aim of replacing bitcoin. All those other currencies that came after bitcoin are today known as altcoins - alternatives to bitcoin.

    • 61 posts
    September 9, 2022 3:18 AM EDT

    As you learn how to buy and sell these digital assets, you need to differentiate what is cryptocurrency trading and what is investing in cryptocurrencies. Which one is better? No matter the differences, in the end the goal is always the same: making a profit. However, the expected outcome times are quite different: in investing, the outcome time ranges from medium to long term, while in trading, it ranges from the short to medium term.

    Cryptocurrency investors buy and hold their assets for a long time ranging from several months to years. On the other hand, cryptocurrency traders hold their positions ranging from a few seconds, to several weeks.

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    September 13, 2022 2:08 AM EDT

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