RE: HOMEWORK TASK WEEK 2 SEASON 2 BY PROF. @kouba01 ||CRYPTOCURRENCY CONTRACTS FOR DIFFERENCE (CFDS) TRADING||
There is a double risk in the cryptocurrency difference contracts because the leveraged transactions and sharp changes in the crypto prices cause an extra risk for the traders to lose their product as compared to other financial products.
So it is very necessary for the trader to have sufficient experience in the field
There is a double risk in cryptocurrency difference contracts. Due to the similarity to leveraged transactions and the sharp changes in crypto currency prices, cryptocurrency difference contracts pose an extra risk compared to other financial products.
you need to be sufficiently experienced in this field.
trade on the eToro which is one of the famous brokers to trade contracts for difference. It allows users to make transactions on the demo account. to gain experience.
eToro is one of the most popular difference contract service platforms. It also provides difference contracts for many cryptocurrencies. It allows users to make transactions on the demo account to gain experience.