Cryptocurrency is a digital currency that has a high value and is very popular, and many investors are interested in investing in Cryptocurrencies because they can get higher profits.

CFD is a contract or agreement made by investors and brokers to determine the rise and fall of an asset that they want to trade, so CFD investors will speculate in determining at a certain time on an asset, whether it increases or decreases, if the investor's prediction is correct then they will make a profit, even if the assets he invests have a downside, most of the assets traded are fiat currencies, stocks, and so on.

The conclusion is that Cryptocurrency CFD is an activity carried out by investors in predicting increases and decreases in cryptocurrencies within a certain time, the aim is to take advantage of both conditions of the cryptocurrency, in experiencing increases and decreases in cryptocurrency.

I will write some points about CFD, if those points can be profitable for me, then CFD is suitable for me in cryptocurrency trading strategy.

CFDs have leveraged instruments, what I have to find out first is, I have to figure out how to use leverage, otherwise I will incur big losses, that's because CFDs have high risk.

And what I have to do again, I have to understand about margin, prediction is very important in the CFD method, and I have to be very careful in making very precise predictions.

And I also need to have knowledge of long positions and short positions, this is a very important key in cryptocurrency CFDs, CFDs also provide the opportunity to trade without existing assets.

The cryptocurrency market is very prominent and there are many ups and downs, when we want to trade, of course we have to do careful predictions and research about the market, CFDs can make profits, and if I experience losses, then my predictions are unstable, and that is my mistake.

Therefore I must have the ability to accept losses, if I can consider the above points, then I will know that I am suitable for trading cryptocurrency CFDs.

CFDs are high-risk financial products, cryptocurrencies that are very volatile and move very quickly in all directions, long or short, if the market goes against the trader's forecast, the trader can face huge losses, that's because margin and leverage are wrong.

One part of CFD trading, it will also make it more risky to trade, that's why we have to find out first what CFD is and how it works, otherwise we can lose all our assets, this is why every broker website always displays a warning on the main page, that trading involves high risk, so in conclusion trading cryptocurrency CFDs is very risky.

• Etoro: Famous brokers managed by Ethereum, Ripple, Bitcoin, Dash, CySEC, ASIC, FCA and others.

• Plus500: The best broker and for new users, and very suitable for beginners.

• XTB: Famous broker among other top brokers, but this broker is only for a few Coins such as: Bitcoin, Ethereum, Litecoin, Dash, and Ripple.

• Exness: And finally, brokers who trade with retail traders, which are managed by the FCA and CySEC.