Crypto trading or why trading cryptocurrencies is easier than trading regular currencies
For a long time I was not a supporter of crypto trading, but after recent events my opinion has changed dramatically.
An experiment with the purchase of several cryptocurrencies brought unexpectedly large profits, and it was possible to make money both on an increase in price and on a downward trend.
With all this, I was surprised by the simplicity with which crypto trading takes place, namely how much easier it is to trade cryptocurrencies than the monetary units we are familiar with.
In just a few weeks, I managed to earn more than on classical assets in several months; now digital currencies have been permanently included in my arsenal of preferences.
So, how does crypto trading differ from the tools we are used to?
First of all, it is a stable trend; if cryptocurrencies begin to rise or fall in price, then with a high probability this movement will last quite a long time.
The second point is a clearly defined price channel, which in most cases is formed by the price. In this channel you can trade in both directions, continuously making profits.
Well, the third point is the speed at which the trend moves; changes per day can be up to several tens of percent:
Thanks to such enormous volatility, there is almost no need to use leverage and you can earn money even intraday without paying for a swap.
In addition to the positive differences from trading standard currencies, there are no less positive similarities:
- The ability to use trading platforms for trading - https://time-forex.com/kriptovaluty/treyding-kriptovaluty , which allows you to analyze and place pending orders.
- The ability to use advisors for automated trading and other scripts that make an investor’s life easier.
That is, we can say that critical trading combines the best opportunities for making money on the exchange. In addition, there are still promising assets for cautious investors, which can bring thousands of percent profit on their growth.
Useful information on crypto trading:
Brokers for trading cryptocurrencies - https://time-forex.com/kriptovaluty/brokery-kriptovalut
Technical indicators - https://time-forex.com/kriptovaluty/ind-kripto
Application of pending orders - https://time-forex.com/kriptovaluty/kripto-otlog-order