What is Crypto Trading How to Earn Crypto Trading Full TutorialFriends,
who doesn't want to earn online? But many of us cannot earn due to lack of proper guidance and necessary skills. Some people work online as faucets, PTC, apps etc. in all these activities, the internet bill becomes more than your income. Due to which you once get frustrated and assume that online income is not possible or online income is not for me. But to be honest, there are a lot of jobs online, just to do them, you need the necessary skills to acquire the skills, it takes a lot of time and patience, but there are also many jobs online that you can learn in a very short time and earn a good amount of money. Trading is one of these jobs.
When you hear about trading, the first name that comes to mind is Forex. Forex trading is a relatively complex subject. But apart from forex trading there is another type of trading which is cryptotrading. Cryptotrading is much easier and much more profitable than forex trading. And today I will discuss with you about this crypto trading. Not at first
What is crypto trading?
Crypto trading is a type of cryptocurrency exchange system. Many of us know that cryptocurrency prices always go up or down and this ups and downs always depends on the cryptomarket. Factors such as market volume, potential, market chain technology of the coin are responsible for reducing the price of cryptocoins. No specific group or organization controls the cryptocurrency market. The price of cryptocoin depends on its market value popularity etc. In special cases, FUD FOMO etc.
factors are also responsible for lowering prices. FUD FOMO I will discuss these later. Now let's talk about crypto trading, we know about cryptocurrency that its price is falling and only through this fall you can profit by trading crypto. There is a saying in crypto trading 'Buy Low, Sell High' means to buy at low price and sell at high price and through this you can profit in cryptotrading. For example, if the price of Bitcoin is currently 8000$+ now, if you buy 1 Bitcoin and sell it after a few days when the price will increase, you will profit. Suppose after some time the price of bitcoin is 10000$ then at that time if you sell bitcoin you will get 2000$ profit.
This is basically how profits can be made in cryptotrading. But Daran, now that the price of Bitcoin has reached 10000$, should you sell all your Bitcoins? The answer is no, because the price of Bitcoin can go higher and lower, and it takes a lot of market analysis to predict this price. , Research and Experience Trading I will discuss these terms in detail later.
Now let's take the previous example when the price of bitcoin is 10000$ then you sold 25% of your bitcoins now if the price of bitcoin goes down then you can earn more bitcoins than your sale and if the price goes up you will still have a profit because your capital is The remaining 75% is with you, so you should always invest 25%-50% of the uninvested capital so that even if your guess is wrong, you will not lose anything. This is basically how cryptotrading works.
How to do cryptotrading?
There are many markets for crypto trading. Such as Binance , Kucoin , Bittrex , Poloniex etc.
Among them I will recommend you to start trading with Binance . Because Binance is one of the largest and most popular crypto markets in the world. They have many coin trading advantages. Its interface, design, support is nothing short of amazing. Moreover, its market graph is very simple compared to other markets, so beginners will not have any difficulty in understanding the market graph. This Binance has different market peers for Basic and Advance users and also Binance has low fees. So Binance is perfect for starting crypto trading.
How to trade in Binance?
Now let's see how to trade in Binance. As mentioned before, income from good trading market is not free at all. To earn here, What is Crypto Trading How to Earn Crypto Trading Full TutorialFriends,
first you need to start trading with at least $100. You can invest more than that if you want, but if you invest less than $100, I don't think you will be able to benefit much. There are many people who believe that the money behind Hyip and other investments is not safe at all. Personally I don't like this kind of investment program at all because it not only wastes your money but also makes your income haram. But there is no chance of losing your money in trading as well as your earnings are valid which is a plus point.
Secondly, you will need a computer for trading on Binance because Binance's web page is not mobile friendly. But you can trade through Binance app but as a newbie it may be difficult to understand market graphs on mobile app. And understanding the market graph is very important for trading.
Now if you can fulfill the above requirements then you can start trading from today.
Hope everyone knows how to register. So today, in the next episode, I will teach you how to trade in Binance. What is Crypto Trading How to Earn Crypto Trading Full TutorialFriends,