Category: 1. What is cryptocurrency trading?
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Feet on the Ground
Whether Trading or Hodling, you are essentially betting that you will be able to sell a cryptocurrency at a higher than the point at which you bought. You might flinch at use of the word ‘betting’ but trading is a form of gambling. The trick is reducing it to a skill-based decision – through a…
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Trading vs Hodling
Though both Trading and Hodling require you to manage risk, it plays out over different time frames – short term and long term – and the influences on risk – how it manifests as price movement, and the approaches to managing it – are different for each. The umbrella term for analysing short-term asset price…
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Distinguishing Trading From Investing
So cryptocurrency is a risky, novel and volatile asset, but with significant potential upside in both the short and long term. Your challenge is to figure out how to tap into that potential, manage the risk and make money, by learning how to trade cryptocurrency. To keep things simple at this point, let’s assume that…
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What is cryptocurrency trading?
What is Cryptocurrency Trading? What you’ll learn? What cryptocurrency trading is The nature of risk in trading crypto The difference between trading vs hodling The importance of keeping your feet on the ground When we surveyed newcomers to cryptocurrency asking them what aspect they would most like to learn about, one of the most popular answers was…