Understand Crypto Trading ||

in Tron Fan Club2 months ago

Assalamu Alaikum


How are you all I hope you are well. Alhamdulillah I am fine too. Today I will discuss in detail what crypto trading actually is. So let's get started without further delay. In short, trading is buying and selling. So suppose a coin is now worth $5. You bought that coin for $5. Then he saw that after a few days the price of the coin was 10 dollars. Then you saved this coin. Then 5 dollars will be your profit.


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Basically this is cryptocurrency trading. If you want, you can buy coins for less money and sell them for more money. When we work on steemit we get trx, steem coin as reward. Then we hold them for some time. If the market is pumped, it can be seen that good income can be made by selling them. In this way, basically people earn by trading crypto.


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Market going down and pumping up again is something you need to understand very well if you want to make good income from trading. All coins fall in value when the market is down. And then the best opportunity to buy coins. And if you sell coins when the market pumps, you will profit.


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The question may come to mind, how to understand if you buy this coin can make a good income? A coin's price increases based on its market value and popularity. When these two increase the price of the coin also increases. Moreover, if the coin is popular, its price increases a lot. So friends this was today's post. Seen in a new post. I am leaving here today. Thanks everyone.

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Thanks for sharing this kind of post, you explained very easily about crypto trading.

Good to know that you understood. Welcome brother.

Nice explanation, indeed the cryptocurrency market is all about ups and downs and as such require experience and a certain skillset to be able to navigate our way through, thanks for educating us properly on this with this article of yours.

Today market is doing well. Hope very soon it will be recovered.

Many of us think crypto trading is easy and don't give much importance but honestly there is a lot to learn and a lot of patience is required.

Thanks for your feedback.

I have absolutely no idea about Crypto Trading. Still I always try to know and learn. But it's much better to learn about Crypto Trading today through your pain. Thanks for sharing with us.

You can read my post regularly I try to share this type of information everyday. Thanks for visiting.

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