#TradingTools101

Transaction Execution

Portfolio Monitoring

Sometimes: Automated trading without human intervention

1. Charting and Technical Analysis Platforms

Purpose: To understand market direction and identify entry and exit points

2. Trading Platforms (Exchanges)

Purpose: To buy and sell cryptocurrencies

Tip: Use "Spot trading" only at the beginning, and avoid "Leverage" until you learn well.

3. 🤖 Trading Bots

Purpose: To execute trades automatically on your behalf

4. 🧠 On-chain Data Analysis Tools

Purpose: To understand the movement of "whales" and large investors

5. 🔐 Storage and Wallet Tools

Purpose: To securely store cryptocurrencies