📚 Learn Crypto Trading

🔰 What is Cryptocurrency?

Cryptocurrency is digital money that uses cryptography for security and operates on decentralised networks called blockchains. Unlike traditional currencies, no single authority controls it.

📊 Understanding Market Basics

• Market Price — The current price at which a cryptocurrency is trading
• Market Cap — Total value of all coins in circulation (price × supply)
• Volume — How much of a coin has been traded in the last 24 hours
• 24h Change — How much the price has moved in the past 24 hours

🛒 How to Place a Trade

• Buy — You buy a cryptocurrency hoping its price will rise
• Sell — You sell to take profits (or cut losses)
• Entry Price — The price you paid when buying
• Exit Price — The price when you sell
• Profit/Loss — The difference between your entry and exit price

⚠️ Risk Management

• Never invest more than you can afford to lose
• Don't put all your money in one coin — diversify
• Set a maximum loss per trade (e.g. 2% of your portfolio)
• Use demo trading to practise before using real money
• Emotions are your enemy — stick to your strategy

📈 Basic Trading Strategies

• HODLing — Buy and hold for the long term, ignoring short-term volatility
• Dollar Cost Averaging (DCA) — Buy fixed amounts regularly regardless of price
• Swing Trading — Buy dips, sell highs over days or weeks
• Day Trading — Open and close trades within the same day

🔑 Key Terms to Know

• Bull Market — Prices rising, optimistic sentiment
• Bear Market — Prices falling, pessimistic sentiment
• FOMO — Fear Of Missing Out — leads to poor decisions
• FUD — Fear, Uncertainty, Doubt — negative news/sentiment
• ATH — All Time High — highest price ever reached
• Altcoin — Any cryptocurrency other than Bitcoin
• Wallet — Where you store your cryptocurrency