#MyTradingStyle Before investing in cryptocurrency, a beginner trader should:
learn to analyze price charts and trading volumes;
learn to analyze past performance and identify patterns from historical quotes;
learn to execute buy and sell transactions and monitor price changes;
master profitable trading strategies.
The quotes of digital currencies are always in motion, which is one of the distinctive features of the market. On one hand, there are many opportunities to earn, on the other hand, there are additional risks. Therefore, beginners need to understand the principles of how exchanges and the market operate, study the basics of cryptocurrency trading and margin trading. Only then should they start trading.
It is not necessary to develop your own trading strategy, especially if you are mastering crypto trading. There are many methods based on fundamental and technical analysis that can be traded immediately.