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RE: Steemit Crypto Academy Contest / S7W3 - Understanding Crypto Trading

Assalamualaikum dear.

You have presented a very good post and I really some of the parts. Crypto trading is a broad term and we can explain it simply that it is the process of taking advantage from the highly volatile market of cryptocurrency.

Fundamental analysis deals with the study of the events that are taking place in the crypto space. Also, other important things just like the usage and background of that token or coin is also included in the fundamental analysis.

Technical Analysis deals with the study of the crypto chart patterns. It is right that the crypto prices follow some particular cycles or trends that could be studied to make good trading decisions.

For the risk management, you have mentioned good points like the diversification of portfolio, stop loss levels etc. These things are very important for safe crypto journey.

Thanks for sharing and good luck for the contest.

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