Cryptocurrency trading may be a very rentable form of earning money, but it is important to understand the risks involved and the opportunities available. It is necessary to evaluate the possible rewards or contingencies before submerging to operate in this market as unstable. Constantly studying how the cryptocurrency trade works can help you make better decisions on risk management, evaluate reversal opportunities, take credit in time and how to maintain "la head cold" when faced with volatile market conditions.
The cryptocurrency trade refers to the purchase, sale and exchange of digital assets, such as chips and coins, for other cryptocurrencies or coins from other countries. The trade of cryptocurrencies differs from the trade of extra coins in which individual cryptocurrencies are wrapped, in the place of the coins. Merchants can buy and sell digital assets such as coins and tokens on the exchange platform. You can also trade between different coins and chips, interchanging one coin for another.
The trade in cryptocurrencies is an art that requires precision, knowledge and experience, whereby it is necessary to understand both technical and fundamental analysis. It is important to use trusted cryptocurrency trading platforms to ensure that your reversals are safe. Knowing and detecting the market cycles in time can be useful tricks to make the best decisions. If you want to have many options, it is a good idea to consult different platforms to see which works best for you. With adequate knowledge of the trade of cryptocurrencies, you can convert your inversions to money in a very short time.
When it comes to operating with your cryptocurrency, it has a variety of options. There are numerous cryptocurrencies available for you to select, and you can use automated trading platforms to facilitate the process. Also, you must make sure you store your safe form funds in a safe billetera. If necessary, you can also opt for a commercial platform of companies that can offer more secure options. The digital assets sector has experienced a notable growth in the last few years and many interchange platforms have arisen that allow easy access to the trade of cryptocurrencies.
The trade in cryptocurrencies is a complete but exciting exercise. Given that the market for cryptocurrencies continues to grow, so does the value of cryptocurrencies. To be a great trader of cryptocurrencies, it is important to understand the market and know when and how to make your movements. The art of cryptocurrency trading is knowing how to "pin", in the "lienzo" of our strategy, how to keep yourself safe and obtain profits.
You will ask yourself: And if I take a risk and lose...? I will ask you: AND IF YOU RISK AND WIN? Success begins with thought, because sooner or later the man who wins is the one who believes he can do it. Do not be afraid of mistakes or failure, winners are not afraid of losing, losers are, in most cases the risk comes from not knowing what you are doing, so trust yourself, learn, be patient, manage your emotions and above all, enjoy the journey, what the wise man does at the beginning, the fool does at the end | anonymous
Tools, Platforms & Applications:
- CoinMarketCap - The world's most recognized website for monitoring crypto asset prices with several very interesting sections (Indispensable tool for traders).
- TradingView - Charting platform and social network (Indispensable tool for traders).
- StormGain - Cryptocurrency Exchange - Very useful especially for beginners because they can start without investment and without risking their own money. The capital is acquired with the Bitcoin Cloud Miner. Go to the Bitcoin Cloud Miner section, click the green Activate button to get your first mining reward, repeat the operation every 4 hours, withdraw when you reach $10 (in BTC). The capital obtained in mining will be used only to invest in the platform, the profits obtained by the operations if they are withdrawable to the portfolio of your choice.
- QuantFury - Cryptocurrency Exchange - After registering, you receive free cryptocurrencies or a share of a company (such as American Airlines, Uber, Apple or directly Bitcoin or Ethereum) worth up to $250. Use Invitation code: JRRU2593
- CoinInn - Cryptocurrency Exchange - Upon registration you receive a bonus between $500-$750, non-withdrawable, only for trading, valid for 6 days, profits are withdrawable to the portfolio of your choice.
- KuCoin | BingX | CoinEX | MoonXBT | BiBox - Cryptocurrency Exchanges (After registering on the platforms you begin to receive different types of bonuses).
Note: The bonuses offered by different platforms tend to vary over time, I recommend doing your own research.
“Everyone has their own forms of expression. I think we all have a lot to say, but finding ways to say it is more than half the battle" | Criss Jami (existentialist philosopher, poet, essayist, musician, singer, designer and lyricist).
"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth" | Marcus Aurelius (Roman Emperor).
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