cryptocurrency

Day 15: Crypto Trading Basics

Welcome to Day 15 of our Crypto for Beginners series! 🌟

Hey everyone! Today, we’re diving into the exciting world of crypto trading. Whether you're looking to make a quick profit or invest for the long term, understanding the basics of trading is essential. Let's get started! 🪙📈

What is Crypto Trading?
Crypto trading involves buying and selling cryptocurrencies with the goal of making a profit. Unlike traditional markets, crypto markets operate 24/7, providing endless opportunities for traders.

Types of Trading Strategies
1. DAY TRADING:
- Buying and selling assets within the same day.
- Pros: Potential for quick profits.
- Cons: Requires constant monitoring and can be stressful.

2. SWING TRADING:
- Holding assets for days or weeks to capitalize on price swings.
- Pros: Less time-consuming than day trading.
- Cons: Still requires regular monitoring and analysis.

3. HODLing:
- Holding onto your assets for a long period, ignoring short-term fluctuations.
- Pros:…