All about cryptocurrency
There are two main techniques to use to analyze and evaluate cryptocurrency. The techniques have existed for generations and have successfully been implemented for traditional financial assets https://kokapandit.net/. These are the Fundamental Analysis (FA) and Technical Analysis (TA). Often they are used complementary to each other, but it is possible to apply either independently.
People often say that cryptocurrencies are decentralized, which is another way of saying that they are not controlled by a centralized entity. Essentially, you own your own digital wallet that gives you more freedom and control over your money.
All about cryptocurrency trading
The difference is that unlike conventional currencies such as the U.S. dollar, cryptocurrencies are often not controlled by a single entity. They are also secured using complex cryptography coupled with a new form of online public ledger called a blockchain. It is distributed to anyone and everyone interested in having a copy. Watch the short video below to understand how blockchain works before we proceed further.
While leverage will magnify your profits, it also brings the risk of amplified losses – including losses that can exceed your margin on an individual trade. Leveraged trading therefore makes it extremely important to learn how to manage your risk.
If you have read our guide so far, you should now have a good understanding of what cryptocurrency trading is, the difference between short-term and long-term trading, and the things you need to be careful of.
All i need to know about cryptocurrency
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Cryptocurrency, or crypto, is a form of digital payment. Unlike traditional currency which represents physical money, cryptocurrencies are purely digital assets. Although people use it primarily for online transactions, you can sometimes use it to purchase physical assets. While traditional payment methods are regulated by central banks and the government, cryptocurrency is decentralized, meaning it isn’t controlled by one central authority.
