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RE: Steemit Crypto Academy Contest / S7W3 - Understanding Crypto Trading
A well detail entry you have presented here my friend. You have define your understanding of crypto trading which is the buying and selling of digital assets, you have also explain your understanding of fundamental and technical analysis. You have stated ways to build your own crypto trading strategy. The 3 concepts every new and old trader should take into consideration include volatility, diversification and SL/TP order according to your article. Indeed, these are essential concepts that all traders needs to take into consideration in other to minimize loss and maximize profit. I wish you success in this contest my friend.
Thank you so much for your kind words and for taking the time to read and respond to my post, @simonnwiwe . I appreciate your feedback and am glad that you found my understanding of crypto trading, fundamental and technical analysis, and building a trading strategy to be well-defined and informative.
I agree that volatility, diversification, and SL/TP orders are essential concepts that all traders need to take into consideration in order to minimize loss and maximize profit. These are key elements of risk management that can help traders navigate the highly volatile and unpredictable crypto market.
I appreciate your support and wish you success in your own crypto trading endeavors as well. Thank you for the encouragement.
Best,
@artist1111