🔹 Part 1: What is the Crypto Market & How Does It Work?
The cryptocurrency market is a decentralized financial system where digital assets like Bitcoin, Ethereum, and thousands of other cryptocurrencies are traded. Unlike traditional stock markets, the crypto market operates 24/7, meaning you can buy and sell at any time.
📌 Key Features of the Crypto Market:
✅ Decentralization – No central authority (like banks or governments) controls the market. Instead, transactions are verified through blockchain technology.
✅ Volatility – Crypto prices fluctuate rapidly, sometimes gaining or losing double-digit percentages in a single day.
✅ Liquidity – Popular cryptocurrencies have high liquidity, meaning they can be bought or sold quickly without significantly impacting the price.
✅ Supply & Demand – The price of a cryptocurrency is determined by market demand and supply. When demand increases, prices rise; when demand falls, prices drop.
✅ Blockchain Technology – Transactions are recorded on a transparent, immutable ledger called a blockchain, ensuring security and transparency.
💡 Understanding these fundamentals will help you make informed decisions rather than blindly following trends!
📌 Next Topic: How to Start Trading Safely?