What is trading in the world of crypto?
Trading is the process of buying and selling digital currencies with the aim of making profits from price changes.
Types of trading:
1. Day trading: Opening and closing positions on the same day.
2. Scalping: Very quick trades targeting small profits.
3. Long-term trading (HODLing): Buying and holding for long periods.
Tips for beginners:
Do not trade with money you cannot afford to lose.
Learn technical and fundamental analysis.
Create a trading plan and stick to it.
Control your emotions; the market does not forgive haste!
Have you started your first trade? Share your experience!