What is Cryptomarket?

[UNIVERSE]

Is it good to invest in the cryptomarket?

Partially yes.

I'm a bit confused by this. In fact, the crypto market is just a platform. However, we invest in coins on cryptoamkret. Even after buying coins for investment, we are advised not to store them in the crypto market. but it is better to withdraw to our non-custodial wallet for higher security. Well, the market is used for trading or buying and selling. What we must pay attention is that we must be careful when choosing the crypto market. Ensure that they are good reputation and also top exchanges. not the new one with small trading volume or market caps. This is too risky.

3. It can be both passive and moderate income for you.

This won't depend on crypto market. But this will depend on what coins you are holding and investing.

[Faisal2202]

Cryptomarket, or known as the cryptocurrency market are decentralized, which means these markets are not backed up by authorities such as the government.

Before adding my POV, I want to ask in simple words that did you mean crypto exchanges by cryptomarket? Because that's what I have understood after reading your post. if that's the case then, there are some crypto markets that are run by some single entity and also by the government but they charge a lot in terms of fees and tax, and they cost you privacy.

2. Knowledge is not enough.

You are right knowledge is not enough the person you are following should be practicing it as well, but if a person is only practicing and has no knowledge then you should also not follow him as well, because that's also not a good way. You have to be both, knowledgeable and expereicend.

3. It can be both passive and moderate income for you.

You are right, trading, investing, staking, and all other types of activities can make us a good amount of income.

PS: I did not get the main point of your post, please shed some light for me thanks.

[Litzki1990]

The crypto market is usually made up of virtual currencies in the market. All other altcoins including bitcoin ethereum bnb but these coins belong to the crypto market. By crypto currency, we generally mean virtual currency that does not exist in reality, but the value of different coins varies considerably from one currency to another. You can never touch these coins but you can accept the value of these coins. There are virtual markets for buying and selling these virtual currencies which we commonly know as exchanges. Generally you can buy and sell all these coins in all these virtual markets and all these exchanges are definitely cryptocurrencies.

[Ember madison]

The cryptomarket is a vast ecosystem that revolves around cryptocurrencies. It includes platforms for buying, selling, and trading digital assets, as well as blockchain networks, wallets, and a wide range of financial products and services associated with digital currencies.