RE: Steemit Crypto Academy Contest / S7W3 - Understanding Crypto Trading
A well detail article you have presented here once again my friend. You have explain your understanding of the term crypto trading which is the buying and selling of digital coins such as bitcoin and other altcoins like the steem token. You have also discuss in details the use of technical analysis where you showed an example with the the moving average indicator which helps to tell traders abou the trend reversal whenever there is a cross between the 2 MA lines.
The concepts that should be taking into considerations by traders as explained by you include diversification, setting SL/TP level and hedging. This are key factors that need to be taken into considerations by any crypto trader in other to be successful in their crypto journey. I wish you success in this contest my friend.
You have dropped a very detailed and well constructed comment on this article friend. Crypto trading basically refers to all the aspects a d Concepts related to buying and selling coins.
Thanks for your time and support here boss, I really appreciate ❤️:-)