Cryptocurrency trading for beginners
Trading for cryptocurrency is not for everyone. It is a very competitive and risky profession. If you have the drive, passion, and experience, you can make money in this market. The first thing you will need to understand is the concept of volatility and risks. This is a complicated concept that takes time to learn. In this article, I will explain what volatility and risk are and why they are important. After learning about these concepts, you will be ready to explore cryptocurrency trading and start trading in the market. Volatility and risks: When you look at stocks, the volatility and risks associated with them are pretty clear. Volatility measures the magnitude of the variation in price. It tells you how much a stock price fluctuates. When you look at stock indices like the Nifty, they show their volatility and risk. The index indicates a general trend in the market. It’s the same with cryptocurrency. You can’t measure the volatility of cryptocurrency market with just one index. It