CRYPTO SKILL || how to trade Cryptocurrencies || @mohammedsalifu

Good morning to my dear members of @steem-skillshare, I'm honoured to take part in this contest in this community. I hope to we are all doing well today. This contest is organized by @ronindboss. And the focused in this contest is to knowledge on Cryptocurrencies . So I want to share with you all my knowledge on Blockchains.

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Before one can start trading crypto currencies, you have to sign up for a crypto currency exchange. You need to open an account with a crypto exchange or unless you already have an account. There are a lot of brokerage on the market which includes coinbase and others.

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Before you can own an account, you will have to fill your personal details which includes your name,date of birth, address and other details.

After creating your account, you then select a type of crypto you wish to invest in. But a lot of Cryptocurrencies traders either put their funds into BTC and ETH. This is because this two moves predictable than the other currencies.

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Basics of crypto trading

1. Structure of crypto trade

2 Studying the market

3 The market structure

4 Trendiness

5 Moving average

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Types of crypto orders

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1 Market order;

In market order,it's been instructed by a trader to sell or buy a Cryptocurrencies at the best available price in the crypto market. This type is seen as the simplest and basic type of ordering crypto.

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2 Limited order;

With this type,a limited crypto is ordered has been instructed to buy or sell a Crypto currency only at a specific price by the trader..

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3 Stop order;

This order is set to sell or buy a crypto currency of the market price once it has hit the stop price.

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source

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I am inviting @lukman1 and @uoid to take part.

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I will like to end of my post here, Thanks for reading my submission and I hope you enjoy it.