What is trading ?? – Crypto Savage
One of the most complex methods of earning in Bitcoin is Trading. I do not want to know much about it!
That’s always the first thing you hear about people who are negative, because they lack the knowledge and experience.
Trading is studied and given time to make your investment. What should be done first?
Study the decisions carefully before entering Trading, but do not get emotional, you should put it aside. There are people who gamble money on the insecurity that will grow “Feeling Lucky!”. There are also people who become fortune tellers, they threaten the future, all of which is a misnomer. But what is Trading?
If you know the Philippine Stock Exchange (PSE), here are the exchanges of various companies, such as JOLLIBEE, AYALA, BDO, PureGold, Petron, and many others. Every company sells share’s, for example Jollibee, Jollibee sells share’s worth 278 pesos. You can buy at least a share of Jollibee as long as it is in your pocket, and did you know that when you buy Jollibee shares it is one of the owners? How much do I earn when I buy shares?
You will see Jollibee when Jollibee’s market value rises, for example its last price was 278 pesos, after you bought JOLLIBEE’s shares of 10 shares worth 2,780 Php (278X10 = 2,780), after some time it increased of 2 pesos and being 280 Php (280X10 = 2,800) in the market, it earns 20 pesos in just a few hours. But what if Jollibee’s market dropped?
Of course your investment will go down, too, and it’s only right for you to wait for the value to rise. №1 rule is that you will not sell your shares even though you know they are extending. It will be positive to go further and be patient and learn to wait, when you do, you will surely earn.
Bitcoin Trading.
As with Bitcoin, the company is not trading here but digital currency. What is a digital currency?
Bitcoin is not just a digital currency, it is a different currency in digital marketing. See the image below for more information.
https://coinmarketcap.com/
Here I am just showing the Top 10 most active digital currencies, with over 1,500+ digital currencies in the market. But each has its own marketplace or source. As Bitcoin notes, many markets use Bitcoin as its most popular currency right now. Take a look at the image below of what market is using Bitcoin.
https://coinmarketcap.com/currencies/bitcoin/#markets
If you notice most of these are exchange platforms or trading platforms. Millions of people in different countries are using the exhange platform to trade Bitcoin. Not all exhange platforms you can use, because they also have his or her policy. Before you enter a platform you have to see if our Philippines is supported to trade digital currency. Take a look at the image below to see the most popular exchange platform.
https://www.livecoinwatch.com/exchanges
If you notice Binance is the most popular one that people use to trade, because most of the country supports it. And the Philippines is one of its supporters.
Published at Fri, 27 Dec 2019 06:56:23 +0000
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