PARIS, FRANCE - FEBRUARY 16: In this photo illustration, a visual representation of digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin is displayed on February 16, 2018 in Paris, France. Digital cryptocurrencies have seen unprecedented growth in 2017, despite remaining extremely volatile.  (Photo Illustration by Chesnot/Getty Images)

How to trade in cryptocurrency? for the beginners

So what is Cryptocurrency???

Everybody knows what is cryptocurrency yes you know what is it!! Crypto means digital or encrypted language and currency means money but digital.

Cryptocurrency means it is digital money. The first cryptocurrency which is appear in mid of 2009 is Bitcoin and the inventor is Satoshi Nakamoto but no one knows who is Satoshi Nakamoto how he looks, may it could be I am😏😏.
When he created this currency he never thinks about to make money or anything he wanted to create a world money yes you read right world money, 
let me explain you when you go USA you need Dollar’s to pay for anything, in Australia you need Australian dollarGreat Britain or United Kingdom you need Pound, in Italy, France, Spain, Germany you Euro and in India you need Rupees.
Every country has its own money system, if you want to go in any country first you convert your money to his money than you can use it for you expanse.
But thinkπŸ€”πŸ€” if Bitcoin is accepted by everyone you don’t need to exchange your money you go anywhere in the world and pay easily for your expanse or goods.

At this time everyone is attracted with cryptocurrency because everyone is thinking that, they make your rich in a few weeks or in a months sometimes you got lucky but not every time when you unlucky you have seen a loss yes my dear loss…😱😱😱

Actually everyone is thinking that cryptocurrency is a way to make money yes you are right but don’t think that you Will be rich in a one night. 
There is difference between rich or make money everyone is make money but everyone is not rich okkk. “You need to invest time, have patience, do analysis, learning always and never fear to loss”.
But i suggest one thing and which never stop walking, do what ever you want and keep walking on your path these kind of simple skills to use to build your empire.

Remember one thing the empire is not make in single night or day you need to spend your countless day or night to build the empire if you don’t do this so please forget about to be what do you want…

To be rich is not the answer’s of your question’s first you have to know what is the question.

Now we learn how to use cryptocurrency in our earnings:

There is a two ways to earn to use cryptocurrency.

First is Investment yes you hear right investment. Investment like you invested in Gold, Land, Company Share or in a market like this you have invested in a one coin or many coins.
But before invest in a any coin you need to check about his team, developer’s, future plan, usages, investor, about his core team, or Supporter first check these thinks and than make an investment.
Please don’t invest blindly in any coin. Investment means long term remember this word you need to have patience after invest in any coin or stocks don’t check on daily basis that it in profit or in loss, If you don’t have patience please don’t make an any investment because investment ask patience.

Warren Buffett a world richest person or great speaker always take a side of investment and he says a good line that “investment is like to grow a plant to make a tree you need to give him a time and have some patience but first you need have to believe on it”.

Second: The second option is trading.

Trading is the basic term to define a word trade. Trade is a main or basic economic concept of buy and selling of goods and services between the buyer and seller. 
The amounts of the goods are paid by the buyer to a seller, or exchange of the product or goods or services between the parties.

It is the reason why an American consumer can pick between a Japanese, German, or American car. 
As a result of international trade, the market contains greater competition and therefore, more competitive prices, which brings a cheaper product home to the consumer.

In trading there are few types of trading like :

SPOT Trading

MARGIN Trading

FUTURE Trading
Click on that links and you go to the page, where you can learn about these types of trading.

So now see how to start investment or trading on crypto platform:

Just like share market each and every country has it’s own crypto platform for trading or investment.
You have to decide where you have to start trading, in your country platform or international platform, every platform has it’s own pros and cons.
So you have to decide which is good according to your prospective and your preferences.
Let’s first we take Asia or Indian Region – In India there are several exchanges that you have been use for trading like – WazirX, Unocoin, Zebpay.
Thses are some of the good exchanges which are working in India in crypto trading Field.
If we are talking about trading in USA there are few exchanges which use for trading purpose like : COinBase, CoinBase ProGemini, Binance US.

In Great Britian or United Kingdom you can use CoinjarCEXChangeNOW, Kraken, Coinburp, Coinfloor exchanges.

In Russia you can use Bitpanda, Coinmama, Matbea, Bitstamp like Exchanges.

Sorry if i miss your country but, In every country who is supporting cryptocurrency they have a good crypto exchange for trading if you want to trade in crypto than go and log in and start trading.
Best of Luck πŸ‘πŸ‘

Add a Comment

Your email address will not be published. Required fields are marked *