RE: Steemit Crypto Academy Contest / S7W3 - Understanding Crypto Trading By: @aehryanglee
Hi dear friend.
I hope that you will be doing well and enjoying your precious time. You have presented this post in a very beautiful way. Your efforts in expressing the ideas about cryptocurrency trading is highly appreciated.
You have said well that the buying and selling of the Crypto assets is actually called the Crypto trading but I would like to add a bit more in it.
Cryptocurrency trading is actually the process in which we take advantage of the volatility that is present in the market of the cryptocurrency. This advantage could be taken from either side.
Technical analysis and the fundamental analysis both terms are very important for the Crypto traders to understand before investing their money in the highly volatile market of the cryptocurrencies.
Diversification of the portfolio is a very important factor that could be considered specially by the new traders to avoid much losses in the crypto space.
Thanks for sharing and I would like to urge you to do more best in the future so that I could be able to read more quality post from your side, good luck for the contest.
I really appreciate your comment my friend. Thank you very much for visiting my posts.