thomasfullerofficial

Cryptocurrencies are highly volatile speculative assets. Investing comes with substantial risk. Trading amplifies potential profit and therefore losses also. Never invest or trade with more than you can comfortably afford to lose.

Risk management strategies and other advanced concepts learned in later courses will prepare you for the shark-filled waters that isthe cryptocurrency market.

As a primer to more advanced strategies and concepts, the next lesson focuses on the common order types found at most cryptocurrency exchanges and trading platforms that make up the tools traders live and die by.

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thomasfullerofficial

With how volatile each cryptocurrency is, crypto-to-crypto trading pairs can be even more volatile and profitable.

During 2017, Ethereum rallied over 1900% against Bitcoin in just over 6 months. This may seem like it implies poor BTC performance, but on the USD trading pair, BTC rose by well over 2,000%.

At the same time, Ethereum surged 1900% on the ETHBTC pair. Ethereum, on the USD pair, rose over 18,000%.

Trading any of the peaks and troughs in between could lead to life-changing wealth. But things can just as easily turn south and lead to extreme losses if you aren’t careful.

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Thomas Fuller

Thomas Fuller

3 Followers

Thomas Fuller is a Senior Forex, Cryptocurrencies and Financial Market Strategist. He specializes in market strategies and technical analysis.