#TradingMistakes101 A crypto trader buys and sells cryptocurrencies like Bitcoin or Ethereum, aiming to profit from their price swings. They analyze market trends using charts and news to predict future price movements.

These traders can either buy and hold actual coins on an exchange or speculate on price differences using derivatives like CFDs. Crypto trading is known for its high volatility, offering potential for big gains but also significant losses. It's a high-risk activity often pursued by those comfortable with market speculation.