#. Market Analysis and Choosing the Right Currency

Before buying any cryptocurrency, analyze it using the following tools:

Technical Analysis: Use charts to determine entry and exit points.

Fundamental Analysis: Check news, partnerships, and technical updates for the currency.

Currency Liquidity: Choose currencies with high trading volume to avoid difficulty in execution.

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#. Determine a Trading Strategy

A. Long-Term Trading (HODLing)

It relies on buying cryptocurrencies and holding them for a long period.

Suitable for those who believe in the long-term rise in the value of digital assets.

B. Day Trading

It relies on buying and selling cryptocurrencies during the day to make profits from small price fluctuations.

It requires constant monitoring of the markets.

C. Swing Trading

It relies on taking advantage of average price movements over days or weeks.

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#. Executing the Deal Correctly

When executing a buy or sell deal, you have several options for orders:

A. Market Order

Executes the trade immediately at the current market price.

Used when you want to execute a trade quickly without waiting for a specific price.

B. Limit Order

Allows you to specify a specific price to buy or sell the cryptocurrency.

The trade is executed only when the price reaches the specified limit.

C. Stop-Loss Order

Helps to minimize losses by automatically closing the trade at a price with