A beginner’s guide to trading cryptocurrencies

[marcopolo]

 

Cryptocurrency trading
Cryptocurrency trading is becoming more and more popular and many investors are jumping on the cryptocurrency bandwagon. However, it is essential to understand that trading cryptocurrencies is not necessarily a ‘Get rich quick scheme’. Before you start investing in cryptocurrencies, it is important to do your research. Read our guide and find out all you need to know about trading cryptocurrencies.

What are cryptocurrencies?
Cryptocurrency is a digital or virtual currency that uses cryptographic techniques to secure transactions and control the creation of additional units of the currency. Cryptocurrencies are a digital asset and exist only in an electronic form.

More details : A beginner’s guide to trading cryptocurrencies

[Jo Eshuijs]

Forex4you is the flexible broker because they give long and short both types of trading method to choose the suitable one. In Forex market there are different types of trader. I am a short term trader so I select them to get lowest zero spread and instant market execution system which help to earn good profit within shortest period. I choose this type of trading as a student I need to maintain my study and business both.

[Billy Jury]

Two months ago I started to trade with instaforex. I thought, that this company is a good broker. I made some profit, but i can't withdraw money. I am very angry by reason of this. Support service is constantly asking me to wait for some more time. So I have to wait until they solve my problem. But it seems they are fraudulent one. And I am their one of the victim who lost his money.

[Hanan Öberg]

Cryptocurrency trading is similar to currency trading but market analysis is different. This year the crypto market sinking and maybe it will create a bottom line from where the market will be back. Eurotrader offers the opportunity of crypto trading besides fiat trading.

[maspluto]

For beginners who are new to the forex trading business, they can use the facilities of demo accounts or education from brokers. This will be very useful for learning to deepen their understanding of the forex market, so that later traders will be able to conduct forex trading to the maximum on a real account.

[uncle gober]

Newcomers who are just starting out in forex should never tire of learning and training. By constantly learning, traders can understand everything about forex and be ready to trade on a real account, either with Tickmill or another broker.

 

[Hanan Öberg]

As a synthetic indices trader, it was really difficult to find out a reliable trading broker and finally I found it at the cost of through search and time spent.  FXOpulence, indices broker more than a Forex broker, offers the opportunity of trading both currencies and cryptos. Apart from that they are highly regulated and offers fast cash withdrawal facilities.  Their crypto500 is the best trading instrument for crypto traders.

[maspluto]

For my own broker, I still feel the comfort and security of conducting my trades with Tickmill. Here, I can engage in forex trading to the fullest extent and find profitability with Tickmill as my broker.
 

[Fin_Trader]

First of all, beginners need to understand that cryptocurrencies are a fairly volatile instrument. Here you can make money quickly, but also quickly lose your deposit. Therefore, it is better to trade with risk control and be sure to use stop losses in your trading. For many traders, cryptocurrencies are a more investment instrument, so they trade long-term on higher timeframes, keeping transactions open for a long time and making good money from it.

[uncle gober]

Beginners who are new to forex trading should indeed focus on learning a lot. Personally, I am still learning and attending seminars and webinars provided by Tickmill, which helps me deepen my understanding and knowledge of forex.