📌 Cryptocurrency Trading — Short Note
Cryptocurrency trading is the process of buying and selling digital currencies like Bitcoin (BTC), Ethereum (ETH), and others on online platforms called exchanges (such as Binance, OKX, Bybit, etc.) to make profit from price changes.
Crypto markets run 24/7, unlike stock markets, and prices can move very fast, which creates both opportunities and risks.
🔹 Types of Crypto Trading
Spot Trading – Buy crypto and hold it, then sell when price increases.
Futures Trading – Trade with leverage (borrowed money) to profit from both rising and falling prices (higher risk).
Day Trading – Open and close trades within the same day.
Swing Trading – Hold trades for several days or weeks.
🔹 Key Concepts
Buy / Sell – Enter or exit a trade
Candlestick Chart – Shows price movement
Support & Resistance – Important price levels
Stop Loss – Limits loss
Take Profit – Locks profit
🔹 Advantages
✅ High profit potential
✅ 24-hour market
✅ Easy online access