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Showing posts from October, 2024

Differences Between Trading Crypto and Other Assets

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Trading cryptocurrencies has become increasingly popular, especially with the rise of major digital assets like Bitcoin, Ethereum, and others. However, trading crypto is distinct from trading more traditional assets such as stocks, forex, commodities, or bonds. Here are some of the key differences that separate cryptocurrency trading from trading other asset classes: 1. Market Hours Cryptocurrency : The cryptocurrency market operates 24/7. Since it is a decentralized market, crypto trading is available all day, every day, including weekends and holidays. This constant availability appeals to traders who want more flexibility in when they can trade. Traditional Assets : Most traditional markets, like stocks, forex, and commodities, have fixed trading hours. Stock exchanges, for example, operate during specific hours on business days and are closed on weekends and public holidays. Forex markets, while generally more flexible, still follow the 24/5 model (open five days a week). 2. Volati...

How to Trade CFDs: A Beginner's Guide

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 CFDs, or Contracts for Difference, are one of the most popular instruments in the world of online trading. They offer a flexible way to speculate on the price movements of a wide range of financial markets, including stocks, commodities, forex, indices, and cryptocurrencies. Unlike traditional trading, where you buy and own the underlying asset, CFD trading allows you to trade on price movements without actually owning the asset. This offers a number of advantages, including the ability to trade both rising and falling markets. In this guide, we’ll break down the basics of how to trade CFDs, the key concepts you need to know, and some strategies to help you get started. What are CFDs? A CFD is a financial derivative product that allows traders to speculate on the price changes of an asset without owning it. When you trade CFDs, you agree to exchange the difference in the price of the asset from the time you open the position to the time you close it. For example, if you think the ...