I grow to understand why people's had wrong impression about crypto currency and the trading involved.
Many people have lose their asset to online investment, Ponzi etc.
That alone navigate people's thought about crypto currency trading but here I come with a lively and flesh hope, full of life.
Crypto currency is a decentralized system of money, a virtual money used for exchange of good and service.
It's volatility is decentralized and can't be controlled by any Monopoly power.
It's market price exchange determines its value and how influence a particular coins is.A cryptocurrency (or “crypto”) is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. Much of the interest in these unregulated currencies is to trade for profit, with speculators at times driving prices skyward.
In it's trading course,
Once a particular coins deflate, is on a good side to buy and waiting for it to inflate so that it can be sold while making your profit. That is to say,
When buying a particular coins,
There are two things you must check and consider.
(Deflation and Inflation)
In deflation, Is a decrease in the amount of available money or credit in an economy that causes prices to go down.
In this case, when the coins decrease, devalue, deprecate etc, you buy when it's dropping then wait for the next stage of the sphere which is (inflation).
A continual increase in the price of goods and services, continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to the
available goods and services(Inflation)., When this occurs, it's a good time to sell your coins at your profits. When this two factors are not involved,
Then it's not crypto trading.
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