How to trade crypto safely

Rajarshi Mitra

Anyone who is remotely interested in learning about crypto has taken part in some form of trading. As it gets more and more mainstream attention, newer players want to enter the market and get their slice of the crypto pie. So, to help those people enter this exciting market, we have created this “Cryptocurrency Trading Guide.”

In this guide, we are going to take you through all the steps in order for you to become a crypto-trader. We will be going through the following sections:

So, you have some money that you want to invest. How are you going to go about it? The portals which connect our world to the crypto-worlds are called “exchanges.” There are a lot of exchanges out there, however, before you choose to invest in one, there are certain things you need to look out for.

by
Graham Smith

With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many of the problems plaguing mainstream exchanges currently. The goal of this breakdown is to provide a few best practices for safety and success when trading crypto in person.

For anyone that’s ever had their money frozen on an exchange, this question is a no-brainer.

Although Bitcoin has proven to be the most profitable cryptocurrency currently, investors should aim more towards trading between the various cryptocurrencies available since it seems that it can maximize their profits without having to invest heavily in a single coin. If you’re looking to make the maximum profits from cryptocurrency trading, this article will certainly show you how to do just that.

Regardless of how revolutionary blockchain technology is, tech people and investor’s highest priority is to actually make profits from the distributed ledger, either by building businesses on top of the platform like ICOs or investing in various coins and making profits from trading and exchanges.

Cryptocurrencies are encrypted decentralised digital currencies that are transferred between individuals. These currencies are not tangible and exist only in the electronic from, it is a digital asset that exists and remains as data.  They allow a person to send money just like sending an email, much lower transaction times compared to using a bank, minimal fees, no credit cards and no middleman.

The joint bookkeeping process is called a “Blockchain”, it is public and is distributed across the network of all the people that have the same coin, for example everybody that has Bitcoin has a copy of the ledger and its transactions, which creates a community of trust.

Day trading cryptocurrency has boomed in recent months.

High volatility and trading volume in cryptocurrencies suit day trading very well. Here we provide some tips for day trading crypto, including information on strategy, software and trading bots – as well as specific things new traders need to know, such as taxes or rules in certain markets.

We also list the top crypto brokers in 2019 and show how to compare brokers to find the best one for you.

Scared of missing out? Here is a quick plan to get you trading cryptocurrency quickly;

Congratulations, you are now a cryptocurrency trader! Remember, you can run through the purchase or sale of cryptocurrencies on a broker demo account. Unfortunately, you cannot practise on an exchange.

Trading crypto generally revolves around speculating on it’s price, rather than owning any of the actual coins.

Prices are substantially more volatile than traditional assets, which means the swings are ripe for traders who know what they’re doing – and perilous for those who don’t.

If you are ready to step up and take your crypto trading to the next level, there’s a lot to learn, but it’s nothing you can’t handle.

Remember: Most traders will lose money trading crypto. Position yourself ahead of the pack by learning how to trade like a pro.

If you are just jumping in for the first time, you should start small and scale your exposure over time.

Staying safe should be your top priority.

The ForexBrokers.com annual forex broker review (three years running) is the most cited in the industry. With over 60,000 words of research across the site, we spend hundreds of hours testing forex brokers each year.

This Bitcoin guide provides an overview of cryptocurrency trading today, what blockchain technology is, and the three best ways to buy cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

I first started writing about cryptocurrencies in 2013, and mined Bitcoin from my laptop that year. I also had the pleasure of being quoted by Minyanville for an analysis in my article titled, Bitcoin Arbitrage, Scalping Market Inefficiencies, and Currency Market Share Gradual Shift, which appeared on Yahoo Finance.

Fast-forward to today, and the market for alternative investments has grown exponentially.

SafeTrade is an Exchange that places a high emphasis on privacy and security.

Discord is where we post important announcements, interact with miners and traders, respond to support queries, listen to suggestions, and more.

World’s first Multi-Asset Transactional Consensus Hardening (MATCH) protocol, which introduces SafeNodes. Active on the SafeCoin blockchain, at a small scale.

The SafePay Cryptocurrency Wallet makes your crypto payments and storage safe and easy! For maximum security, your keys are stored on your device, not on a server.

SafeCoin is the main trading pair of the SafeTrade exchange.

One reply on “How to trade crypto safely”