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How to start crypto trading and which are the most reliable platforms for new users and traders to sign up and start earning money through crypto trading. Lets read this

Technical analysis: This involves using charts and market data to identify patterns and make predictions about future price movements. Technical traders use tools such as trend lines, candlestick patterns, and indicators to make decisions. 70% people have tried this.

Fundamental analysis: This involves evaluating a cryptocurrency’s underlying technology and potential for growth. This can include evaluating the team behind the project, the use case of the coin, and the level of adoption and acceptance of the coin. You cant get better and more accurate news and updates

News-based trading: This involves keeping up to date with news and announcements related to a particular cryptocurrency or the crypto market as a whole, and making trades based on this information.

HODLING: This refers to holding a cryptocurrency over a longer period, rather than short-term buying and selling. This is a long-term investment strategy that is based on the belief that the value of the currency will increase over time.

Scalping: This technique involves making a large number of trades over a short period of time in order to profit from small price movements. This requires a high level of discipline and a good understanding of the market. Check this and learn today

Arbitrage: This technique involves taking advantage of price differences between different exchanges to buy low and sell high.

It’s important to note that these techniques are not mutually exclusive and can be used in combination. It’s also important to keep in mind that cryptocurrency trading is a speculative and highly volatile market, and it’s important to conduct thorough research and risk management before making any trades.

There are several platforms that can be used for trading cryptocurrencies. Some of the most popular platforms include:

1. Binance: One of the largest and most popular cryptocurrency exchanges, Binance offers a wide variety of coins and tokens for trading. It also has its own native token (BNB) which can be used to pay for trading fees at a discounted rate.
2. Coinbase: A beginner-friendly platform that allows users to buy and sell the most popular cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin.
3. Kraken: A global cryptocurrency exchange that offers a wide variety of coins and tokens for trading. It also offers margin trading and staking options.
4. BitMEX: A platform that offers margin trading and derivatives trading for cryptocurrencies. It is aimed at more advanced traders.
5. Huobi: A Singapore-based cryptocurrency exchange that offers a wide variety of coins and tokens for trading. It also has its own native token (HT) which can be used to pay for trading fees at a discounted rate.
6. Bittrex: A US-based cryptocurrency exchange that offers a wide variety of coins and tokens for trading. It also has a robust security system and compliance with US regulations.
7. Gemini: A US-based cryptocurrency exchange that offers a wide variety of coins and tokens for trading. It also has a robust security system and compliance with US regulations.

It’s important to keep in mind that different platforms may have different fees, security measures, and supported cryptocurrencies. It’s also a good idea to read reviews and compare different platforms before choosing one to trade on.