1. Spot Trading = Buy real coin and hold it. Safer for beginners.
2. Futures/Leverage = Borrow money to trade bigger. Risky. Can lose fast.
But here is a Rule for beginners: Start with small money you can afford to lose.
They are what we call Safety Rules in trading
The 1st one is Volatility: Price moves up/down fast. But Don’t panic.
Are we following?
Okay
The 2nd one is Scams: No one will "double your money". If it sounds too good, it’s a lie.
Noted✍️
3rd one Don’t trade with emotions: Have a plan before you enter.
Noted💯
Noted ✍️
Sure 💯
Now here is a Recap of yesterday teaching and today own.
1. Crypto = Digital money on Blockchain
2. Wallet + Keys = You are your own bank
3. Trading = Buy low Sell high. Start small, learn first
Sure
Interesting 👌💯
I hope I have been able to open our eye to the basic of crypto and trading?
so it is possible you trade crypto and not forex and forex and not crypto. And you can trade the both together.
This are just basic things to know about trading.
Yes chief
Yes sir