Crypto Trading: Simple Strategies for Beginners
Crypto trading involves buying and selling digital money like Bitcoin. There are two main ways:
Spot Trading: This is like buying something in a shop. You buy crypto at the current price and own it directly.
Strategy: Buy low, sell high. Research good projects, and if the price drops, buy more. If it goes up, you can sell to make a profit. It's simpler and generally less risky.
Futures Trading: This is like making a bet on a future price. You agree to buy or sell crypto at a certain price later. You don't own the crypto directly.
Strategy: You can profit if prices go up (long) or down (short). It's more complex and uses "leverage," meaning you can trade with more money than you have, which amplifies both gains and losses. Use "stop-loss" orders to limit potential losses.
Always remember: crypto is risky. Only invest what you can afford to lose.
