Brief Guide to Cryptocurrencies

In this episode, you will learn about the differences between FX and cryptocurrency markets and get to know the fundamental concepts of crypto trading, such as liquidity. We will also tell you about different types of crypto exchanges and security rules you should stick to while trading.

In this episode, you will learn about different stages of an initial coin offering (ICO) and the ways to distinguish a worthy ICO project from a scam.

You will learn about the main differences between day trading and long-term investing in this episode.

You will learn why traders use technical analysis, what technical analysis tools are, what kind of trading trends exist and become familiar with other key notions in this episode.

You will learn about a large number of bullish and bearish patterns, which can help crypto traders take more effective decisions, and the most important indicators commonly used by traders in this episode.

You will learn about the difference between speculators and investors, their attitude to market volatility and their preferred strategies in this episode.

You will learn what is a position sizing and what strategies traders use for determining how much of a position they should take in this episode.

You will learn about the risk/reward ratio, one of the most important trading concepts, the ways to calculate potential reward and decide if this investment is worth making.

You will learn about the most common mistakes almost each trader makes in this episode. Do not miss out on the opportunity to learn from mistakes of others.

In this episode, we will give you some valuable tips of advice on how to avoid unreasonable steps, make well-grounded decisions and win.

Cryptocurrency trading is not a walk in the park, but if you feel determined, do not give up, you can reach success. We have some tips for you on how to do it.