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What is bitcoin trading?

lens1000

Member
AfriCoin
-3,610
Risk management is very paramount in bitcoin trading and you must understand the tips for setting a stop-loss orders, managing position sizes etc the risk management play a key role in bitcoin trading because it's a very volatile asset.

Understanding the trading strategies to adopt is also very critical. It can either be a day trading, swing trading or long term techniques for wealth building

Understanding the technical analysis by using analysis tools like the indicators, chart patterns are very necessary in making informed decision as a crypto trader.

Trading psychology must also be discussed whenever you want to trade because you must maintain discipline and must not trade with emotions because it could lead to great losses.
 
Risk management is very paramount in bitcoin trading and you must understand the tips for setting a stop-loss orders, managing position sizes etc the risk management play a key role in bitcoin trading because it's a very volatile asset.

Understanding the trading strategies to adopt is also very critical. It can either be a day trading, swing trading or long term techniques for wealth building

Understanding the technical analysis by using analysis tools like the indicators, chart patterns are very necessary in making informed decision as a crypto trader.

Trading psychology must also be discussed whenever you want to trade because you must maintain discipline and must not trade with emotions because it could lead to great losses.
Bitcoin trading means trading bitcoin for another coin and it can be any type of coin or even Fiat currencies but depending on what the owner of the coin wants to do with it. We have so many people who only depend on bitcoin trading
I am also a cryptocurrency trader but not a full time trader
 
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