💰 Crypto Trading Operations in USD ($)
1. Buy (Open Position)
Action: Buy crypto using USDT/USD.
Example: Buy 0.01 BTC at $58,000.
Goal: Enter the trade when you expect the price to rise.
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2. Sell (Close Position)
Action: Sell your crypto to realize gains or avoid losses.
Example: Sell 0.01 BTC at $62,000 for profit.
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3. Stop-Loss Order
Action: Auto-sell if price drops to a set level to limit loss.
Example: Bought BTC at $58,000 → stop-loss at $56,000.
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4. Take-Profit Order
Action: Auto-sell at a profit level.
Example: Bought BTC at $58,000 → take-profit at $62,000.
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5. HODL (Long-Term Hold)
Action: Buy and hold coins like BTC, ETH, SOL for months/years.
Example: Buy 2 ETH at $3,000 and hold until it hits $5,000+.
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6. Crypto Swap
Action: Swap one coin for another (e.g., ETH → SOL).
Example: Swap $1,000 worth of ETH for SOL on Binance.
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7. Staking or Earning
Action: Lock your coins to earn yield.
Example: Stake 50 ADA to earn 4% APY.
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8. Leverage Trade (Advanced)
Action: Use borrowed funds to trade more.
Example: 5x leverage on BTC – $500 used as margin to trade $2,500.
⚠️ Risk: Can lose full amount if market moves against you.