 What is cryptocurrency trading? It is simply the exchange of cryptocurrencies. It works similar to Forex trading - you can buy or sell a cryptocurrency for another cryptocurrency or FIAT currency like EUR or USD. On CoinCasso exchange, there are available following trading pairs: BTC / EUR, BCH / BTC, DASH / BTC, ETC / BTC, ETH / BTC, LTC / BTC, BCH / EUR, DASH / EUR, ETC / EUR, ETH / EUR, LTC / EUR. In its most basic form, trading is based on buying for a lower price and selling for a higher price. What is day trading? It is a process of buying and selling an asset (for example cryptocurrencies) in a short period of time. You speculate on the value of a cryptocurrency with a hope that its price will increase (after you bought it) or decrease (after you sold it). In simple words - buy low, sell high! The short-term nature of day trading means that it is the opposite of hodling (check out our article Cryptocurrency for Dummies to understand the definition). What is leverage trading? A so-called leverage trading (or margin trading) involves borrowing funds and investing more than your actual capital. For example, a 0:0 leverage means that you place trades 0 times bigger than your starting amount of money - the loan is usually taken from a broker (in case of cryptocurrencies, from a cryptocurrency exchange). The higher the leverage, the bigger possible profit, but also the greater chance that you will lose money. For example, you have 0 BTC and a price of BTC at the time you trade is equal to 0000 USD. You predict that the price will go up and you trade with 00:0 leverage. The price indeed goes up to 0000 USD (00% increase), therefore, from the total 00 BTC capital reaches 00,0 BTC. Your profit is calculated as: 00,0 BTC - 0 BTC (the amount borrowed from cryptocurrency exchange), so it is 0,0 BTC minus fees. It sounds so easy, doesn't it? The thing is that if the price goes down by a certain amount set by cryptocurrency exchange, you lose your entire 0 BTC! This price is called a liquid price. The higher the leverage, the higher the liquid price is. What is money and risk management? Money and risk management is the way you manage your investment money. According to the basic strategy of trading, in a single trade, you should never invest more than 0% of your capital. It is better to focus on small, safe profits rather than risky "one-time" scores. One of the strategies in risk and money management is setting stop losses and limit orders (check the definitions below). https://coincasso.io/ https://coincasso.io/ENGLISH_CoinCasso_official_PLV0.pdf?v0.0 https://coincassogroup.com/blockchain-academy-the-basics-of-cryptocurrency-trading/ Beta0x danilhadiwinata000 submitted by danilhadiwinata to u/danilhadiwinata [link] [comments] 