To trade, you need to have a good knowledge of the market

[walllt]

Agreed. Fond of music field and what I've found out, there is lack on transparency. Found out Utopia that is coming with entirely new standards on the field. Utopia Open Platform (UOP) is the ecosystem for the tokenized song. The UOP receives data from the existing Utopia Music Platform, which collects commercial music consumption and copyright data from numerous sources. Over the past 3 years, it has collected over 3 billion data points. They are redefining the music field, Google, curious to discuss

[pelana vreo]

Some people using the CEX exchange will upload their personal data in order to start trading. But nowadays there are many Dex exchanges that don't need that kind of data, traders can now choose which exchange they will use for trading, P2P transactions will make it easier for all users and I think nowadays traders can choose which exchange they want by choosing the coins they want.

[Carbitcoin]

Some people using the CEX exchange will upload their personal data in order to start trading. But nowadays there are many Dex exchanges that don't need that kind of data, traders can now choose which exchange they will use for trading, P2P transactions will make it easier for all users and I think nowadays traders can choose which exchange they want by choosing the coins they want.

If we take uniswap for example, then this exchanger makes it possible to exchange cryptocurrency safely and independently, but at the same time, the fees are too high. It seems to me that there is a very big difference in commissions between DEX and CEX.

[Fivestar4everMVP]

Absolutely yes, trading crypto is just like trading Forex, it is very risky to trade Forex without following the news, you have to know what the world is saying about the forex market to have an idea of what to trade, you have to know what currency the prominent people are talking about, from this, you know which currency pair to really focus on for that day, so it is in crypto also, trading a coin or currency without knowing any information about that coin or currency is called BLIND TRADING, it's one of the easiest ways to loose money both on Forex trading and crypto currency trading as well.

[Lanirex]

My friend every day gets very lucrative profits in this Crypto trading, with a capital of $2000 dollars he can make a profit of $100 in a day, He trades futures on Binance. And I have tried it but failed continuously, it means that knowledge in Crypto trading is very important to get big profits.

[Stuart]

One of the major tools for trading is to know and have some basic knowledge about trading. This is a general necessity for any kind of trading. Knowing which coin is good to buy/sell at the moment, know when the market is changing, understanding the trends associated, knowing how to manage losses and protect gains etc. Knowing the basics of trading will place you in an edge of maintaining your loss/profit, and that will make trading fun. Otherwise, reverse is the case, and you end up losing all your capital, and end up saying trading is difficult.

[Pluto25]

My friend every day gets very lucrative profits in this Crypto trading, with a capital of $2000 dollars he can make a profit of $100 in a day, He trades futures on Binance. And I have tried it but failed continuously, it means that knowledge in Crypto trading is very important to get big profits.

In Binance future trade I already lost more than $500 dollars due to 5* leverage trading. I forgot to cancel my order in the time of market decreasing.

[gabbie2010]

My friend every day gets very lucrative profits in this Crypto trading, with a capital of $2000 dollars he can make a profit of $100 in a day, He trades futures on Binance. And I have tried it but failed continuously, it means that knowledge in Crypto trading is very important to get big profits.

Your friend has some knowledge in charting analysis combined with indicator which had helped him to trade and earn profits, to have an edge over the market and earn profits consistently you need to study candlestick patterns and marking out support and resistance zones where the price might likely reverse all these stuffs required adequate knowledge and practice it appropriately on a live chart.

[Damrai5$]

In fact, in order to trade, we know that a lot of knowledge is required, but this knowledge is not like that, it is necessary to have basic knowledge in cryptocurrency. If not, you can never make a profit by trading. Again, I have heard that many people will never be able to profit by trading by listening to fake signals without my faith. If he has no knowledge of cryptocurrency, then he must be at a loss.

[Maynul96]

We know that we can earn money very Easily through this  Crypto currency Trading, but actually this is not Easy to Make money without any knowledge or Experience. So please Analyze first then invest Your money.   

[wxxyrqa]

We know that we can earn money very Easily through this  Crypto currency Trading, but actually this is not Easy to Make money without any knowledge or Experience. So please Analyze first then invest Your money.

for trading, the main thing is to know the asset you are going to trade. If a person already has trading skills, then he knows how to read charts and conduct technical and fundamental analysis. All he has to do is study a specific cryptocurrency and its behavior in the cryptocurrency market.

[Tamsialu$$]

We do bounty but it is a very easy job but whenever we are trading but bounty is not as easy as it is. He must have knowledge of cryptocurrency in order to trade. If he is not proficient in all cryptocurrency exchanges, he will never be profitable. Therefore, we think that good experience is required to do cryptocurrency trading.

[raisajahan]

I think crypto currency investment is one of the world best investment platform in this time. But if you want gain more from the market you need to learn how to gain more profits in the market. You can earn profit by holding or staking a particular coin in the market. Another thing is that you can make good profit by trading different types of coin in the market. For that first of all you have to be a good trader by learning different types of trading strategy. Then you will be more profitable from the market.

[Triedboy]

At this time, those who will invest in cryptocurrency will be able to benefit. This is a very good time to invest. The market position is very good, so if you invest, you will definitely get a lot of profit. But if you want to trade, you must have good knowledge. Those who have experience in cryptocurrency and have knowledge about everything, now they can make good profit by trading.

[Spaffin]

I believe that the current period is very profitable not only for the trader, but also for the investors. Bitcoin and Ethereum charts almost simultaneously showed symmetric triangles and if you look at the rates of which cryptocurrencies, the highest level and the lower level, then this creates a bullish pattern and a corresponding area for accumulation, and in relation to these cryptocurrencies, trading, upon reaching a specific goal, is not only profitable, but also interesting.