🔹 Things you should know about cryptocurrencies – Part 4

📊 What is cryptocurrency trading? Types of traders and risks

Crypto trading involves buying and selling digital assets seeking profits from changes in their price. Unlike HODL, trading requires analysis, emotional control, and strategy.

👤 Types of traders:

►Day trader: Opens and closes trades on the same day. High activity.

►Swing trader: Trades over days or weeks, taking advantage of trends.

►Scalper: Executes many small trades in minutes.

►Position trader: Invests long-term, but with technical analysis.

⚠️ Main risks:

→Extreme volatility.

→Impulsive decisions (FOMO, FUD).

→Loss due to poor leverage management.

→Not having a clear entry/exit plan.

✅ Key advice: Don’t start trading without prior education. Practice on demo, study technical analysis, and define your rules.

📘 Mini Glossary:

►Volatility: Sudden changes in price.

►FOMO: Fear of missing out on an opportunity.

►FUD: Fear, uncertainty, and doubt that affect decisions.

►Leverage: A tool that amplifies gains... and also losses.

👉 Remember: trading is not for improvisation. If you are going to enter, enter with a clear mind and clear objectives.

#BTC #ETH