Hello everyone. Hope you are all fine by the grace of Almighty.
At first I want to say I am not expert in trading. But I want to know about trading. if anyone here who is expert in trading can help me to learning about trade.
I know a little about trading. But I wanna share it.There are several types of trading.
In this kind of trading people stock cryptocurrencies like Bitcoin, litecoin ect when the prices are below then average.when the price increases of those cryptocurrency they sell them or exchange it by which they can make profit.
Many people say that Spot trading is the main trading. In Spot trading we have to make a prediction of any cryptocurrency price. if your prediction is ok then you can make huge profit. but if you prediction goes wrong you have to ready for loss your cryptocurrency on money.
leverage trading is almost like spot trading but there are a difference between leverage trading and spot trading. In leverage trading we can increase our amount of cryptocurrency 1 to 125 times for trading. but we have to be concern about that if you want to take more profit we have to take more risk.
if you find something wrong here then inform me about it. it will be helpful for me🙂