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Title: Cryptocurrency Trading Basics Post by: Hydrogen on September 25, 2021, 12:02:45 PM https://www.youtube.com/watch?v=DYLvajNBr0Y
Trading Crypto Ep.1: The Basics Crypto Tips Excellent introduction to crypto trading, the best I've seen. She makes a great point on stablecoins being a preferred standard of trading being that they limit volatility to only one side of the trade. Exchanging two crypto assets like bitcoin for doge or ethereum for ripple exposes both sides of the exchange to volatility and price shifts. Exchanging tether for bitcoin exposes only the btc side to volatility. Its a good example of how stablecoins can be useful and what niche role they fill. As a 10 minute video clip, it does a great job if illustrating some of the complexities and angles to trading in a way that is useful, from someone who is both experienced and successful. Which isn't something that happens often. Usually content like this is formatted within a wikipedia approach, containing basic encyclopedia information that isn't particularly useful or relevant. It really helps to have someone experienced who can highlight the key info. I have seen many posts on this forum from people asking for information on crypto trading and never had a good tutorial I could link them to, until now. Hope someone can find this information useful. |