Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.
So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?
what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?
Is there anything like a Trade Satoshi where I can just practice with small amounts?
Thanks for any information
Trading outside of crypto, I guess you mean forex or binary trading, cause thats the two things you can trade outside of crypto trading and they are quite similar to each others. You just need a little training on how it works to be able to understand and trade them.
I have tried forex trading once, but it wasnt really much of what I expected then, so I decided to quit. And like I said, there isnt much difference between them. I believe if I go back to that this time around I will also make good profit from every trade.
We can find a trading platform that fits us, for me I love crypto because it's more profitable here, I am not saying all the time
but based on my experience, I have made a good profit investing during the early days. I should focus on crypto as the more I stay here
I learn something that could help me be more confident.
It means that you have no idea of any other trading apart from cryptos. If you are making good money from crypto trading then there is no need to search other places for trading. Continue in crypto trading, although it is risky but it is also very profitable. You can make big profits in the future when the price raises little bit. Patience and coolness in needed for crypto trading.