Most people who own cryptocurrencies bought them and then left them alone. That is not trading, it is investing, and for the vast majority it is the better route. Trading means something else: you try to make a profit from price moves within hours, days or weeks. It is a different activity, with different tools, different risks and a different tax position.
This piece explains the basics without telling you what to do. It sets out which order types exist and what they are for, what a chart actually displays, how position sizes are calculated, and where most beginners lose money. By the end you will know whether trading suits you. Either answer is a good result.
A candlestick chart shows four values per time period: open, high, low and closeWhat is crypto trading and how does it differ from buying?
When you invest, you buy because you believe in the value. When you trade, you buy and sell because you expect a move. ...
English (US)