Cryptocurrency has been making sensational waves in the world in the past few years. For those who want to make an investment and grow their money, this could be one of the options. However, there are many strategies you need to learn when you're trading. Here are reasons why you should consider to trade in Cryptocurrency.

According to a data analysis results of the [Personal Finance Statistics Around the Globe], "the average American saved less than 5% of their disposable income when cryptocurrency trading can significantly change it as long as you take time to learn everything about trading."

So, what to know about Cryptocurrency Trading? There are few things you need to learn before going ahead into the Cryptocurrency Trading.

①The cryptocurrency market is volatile.

There is no perfect strategy in Cryptocurrency trading. However, if you only use Cryptocurrencies such as Bitcoin and Ethereum, your chances of losing all your Cryptocurrencies in one night are meager. Though there are Cryptocurrencies that have lower market caps but have the potential to increase in a short time, yet it is risky.

② Cryptocurrency trading differs from the stock exchange.

If you start trading using Cryptocurrency, you cannot use these coins to trade in a traditional stock exchange. You can't buy shares and bonds using these coins.

③ Short-term trading is possible.

When you buy Cryptocurrency, and you only plan to hold on to it for a short time, and then sell it when the value is higher than when you bought it, its called short-term trading. The advantage of short-term trading is that you will have the chance to earn gains at a high percentage.

④ Many experts in this field prefer Long-term trading.

Many traders in the Cryptocurrency market hold onto their coins for a long time because they know that the price of the coins will eventually increase in large amounts. When you do long-term trading, you don't have to worry about trends and reading charts every single day. All you have to do is buy the coins and hold on to them for a few years.

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