Investing in a fictitious currency is not so simple as one might think, at least you need to be surrounded by experts who will help you make the right choices. For neophytes who do not know much about crypto trading, it is necessary to start with exchanges without major risks in order to imbibe mechanisms. The scams are recurrent and as there are hundreds of so-called promising currencies, some sites take the opportunity to try traders with messages very attractive in order to make you buy some currencies, but behind there is nothing. In general, you should be wary of, or even avoid platforms that promise you huge profits with zero risk.
**Understand all the inherent risks **
Crypto-trading is incredibly unstable in 2018. Whatever the currency, you can make a fortune in a moment and lose it in the next. Consider mitigating risks by trading only on the top 3 (ie Bitcoin, Ethereum and Litecoin). Other crypto-currencies like Riple and Moneo are more risky.
You should only deal with organizations that you know and have an established reputation.
Click here to open your account and enjoy it now. Crypto trading is attracting more and more the currency market.
**Risk-free trading experiment **
If you are new to crypto trading, volatility can make you feel like a gambler. In order to start learning without risking your money, we will give you some ideas:
If you want to experiment with a currency, you can try the market-leading Etoro Broker and the best platform to start crypto-trading. With this Broker, it's easy to check the BTC / USD currency pair using a demo account. The pair is also available on the Spark Profit app, in which you can redeem for free and earn points. If you accumulate a lot of points, you can cash real money.
**Buy and sell crypto currency! **
Once your account opened, click here to open your account, you can make your first purchase. Remember, you do not have to buy parts in complete units. You can buy coins in fractions as low as the hundredth of a millionth, or about a tenth of a cent at current prices. This makes crypto trading an easy target for speculation.
Now all you need to do is find the market in which you are going to trade a certain amount of cryptocurrency. Before placing an order, be sure to properly analyze the market and agree with the current best price. If there are enough tokens available at your eligible price, your order will be immediately taken care of. If this is not the case, your order will be waiting for an exchange at your desired price.
Currencies are volatile and can be traded 24 hours a day, 7 days a week. It's important to keep a close eye on news and understand how crypto trading can interact with certain types of information; you must know the ins and outs. The general business principles apply, and always remember: buy low, sell high.