3 important factors for the trading & trading of cryptic diseases such as Bitcoin, Ethereum.Bitcoin trading, cryptic currency trading and making the big money times shortly afterwards? Sorry, I have to disappoint you, these success stories are stark individual cases. If you want to build up an additional income or a fortune with the trade of cryptic ferrets, you have to do something more than just wildly speculate about it.Crypto-trading or the trading of digital currencies has many parallels to the classic foreign exchange trading or the Forex Trading. The most exciting thing is the trading with a lever or the so-called margin trading. By using a lever it is possible with a fraction of the actual trade volume as security performance on the market.For example. If you would like to run Bitcoin Trading with a lever of 1:20, you only need 5% of the actual value of available capital for a market volume of 1 Positionierung
Here, however, one must say that the higher the leverage the higher the risk increases. In the worst case, this means the total loss in trading!So that you did not happen with the Crypto-Trading I have written you here 3 times trading tips you should pay attention to the Bitcoin Trading or Ethereum Trading.
Knowledge about cryptic currency trading, trading signals and stock exchange trading"Only the stupid learns from experience, the Kluge from the experience of others."Do you know the saying? In trading, however, trading means nothing but "burn money." Even when trading with cryptos, it is essential that you know what you are doing. The knowledge structure is divided into two areas:A) Knowledge about trading, trading strategies, trading of currenciesThe Forex (Forex) market is the largest financial market with a daily trading volume of over five trillion euros. The current market for the new cryptos with a total market capitalization of approximately 70 billion USD rather small. Courses are determined by supply and demand.In contrast to the "normal" financial markets, the trade in cryptic currency is very volatile. Not stable. Although different chart techniques can be applied here as well, the current market capitalization makes it easy to influence the markets.
That is why it is important that you do not enter a high-risk market as a total beginner and gamble all your money through bad trading. These are the Bitcoin Trading experiences which many have already made before you.Reading to build up your knowledge therefore mainly books on the topic of daytrading and event trading.B) Knowledge about cryptic functions, function, application areasDepending on which Bitcoin trading strategy you want to pursue, more or less knowledge about cryptic stimuli is necessary. If you want to run long-term trading, you need more knowledge to find the crypt currencies that have a long-term growth potential.If your strategy is to use short-term trading opportunities, then you need a solid basic knowledge in order to make the best use of the exchange discounts, but no in-depth knowledge.
A major mistake, however, would be to start crypto-trading without any background knowledge about crypto-trading, because the markets are acting according to their own rules or are strongly influenced by certain influences that do not occur in the Forex market.Therefore, you should always be very well informed about the developments within the crypto scene and the cryptoscripts.
