$Are you trading crypto for a living? How can I do so? How long will it take me?

Day trading crypto is often seen as a lucrative source of profits, but it can be challengiing for newer traders. I’m a professional crypto trader for my self and also does who invest with me.

Steps to trading cryptocurrency.

Understand what crypto trading is.

Learn why people trade cryptos.

Pick a cryptocurrency to trade.

Open a CFD trading account.

Identify a crypto trading opportunity.

Decide whether to go long or short.

Take steps to manage your risk and place your trade.

Monitor and close your position.

Cryptocurrency trading is not a get-rich-quick scheme. It takes discipline, practice and skills to succeed in trading. However, even professional traders at times do make mistakes while trading and realize losses.

To understand cryptocurrency, you have to understand blockchain. Blockchain is the technology that makes cryptocurrencies secure and anonymous. Basically, blockchain provides a digital record of transactions, and stores copies on multiple devices across a global network whenever the record is updated. It takes about 1 year to fully understand and learn intraday trading