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Re: How can I earn from cryptocurrency as a starter?
by
YOSHIE
on 24/06/2023, 13:53:10 UTC
I wish to get the needed guide on how and when to start trading Bitcoin and other cryptocurrencies inorder to make some profits to settle some of my needs. I appreciate you all for your kind response in advance.
So here's the story: people who enter the world of crypto / crypto market, there are many things that can be done by someone who wants to be involved in the crypto market, starting from investing, trading in several methods, such as: Futures, Margin, Spot and so on, even if you are a beginner who has long known the crypto market it is difficult to predict the current market.

However, you can still do Spot trading, maybe it's not too difficult for you to understand, it's just that you buy when the market is red and sell when the market is green, no need long term, as it is today, the Spot trading method is that you only monitor the percentage increase when selling, as well as when buying.
Example:
Today, for example, the bitcoin price is 27k, % the condition is down, five or six days later the bitcoin price is 29k, % you can sell it, in spot trading you don't worry about losing if you buy in a bear market, different from futures trading, your margin must have knowledge for that, the risk of losing big, rather than spot.