What is Crypto Trading
Crypto trading is the process of buying and selling cryptocurrencies, typically in the form of exchange-traded pairs.
Crypto trading is a
popular way to invest in cryptocurrencies, as it offers a way to speculate on
the price movements of these assets without having to actually own them.
Crypto trading pairs
typically involve the trade of one cryptocurrency for another, or the trade of
a cryptocurrency for a fiat currency.
Crypto trading can be a risky proposition, as
the prices of cryptocurrencies are highly volatile. However, for those who are
willing to take on the risk, crypto trading can be a lucrative activity.
Why do these market values go up and down?
The main reason for this is supply and demand. Imagine that you have a
coconut grove. So you have coconut and you are selling a coconut for 1$.
Suddenly every coconut disappeared from the country. Now you are the only one
who owns coconuts. So now people are searching for coconut and you don't sell a
coconut for 1$ because you know if they don't buy from you, then they can't buy
from anyone else.
This is the simple idea about supply and demand. The same thing goes for crypto
trading. The difference is you have crypto except for coconut.
Market Structure
Market Structure means identifying the direction of the market.
That means whether the price of a coin is going up or down or at the same rate
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