There is much need to know what crypto is all about before venturing into it. At least ,this will prevent loss of money. There is need to know what it is entailed, before starting it. So, what is crypto?
Crypto is.a digital currency that runs on Blockchain network, meaning it is not centralized. This is what distinguished it from the CBDC, which is somehow centralized.
Having been exposed to what crypto is, there is need to know how to identify a prospective coin that will be profitable in the future and capable of yielding high profit. To be honest, it is not possible to know this, but there is tendency of predicting close to perfection especially if there is knowledge of technical and fundamental analysis skills .
Having chosen the right coin, there is need to know whether someone should trade or invest his coins. Thenfsct is that not all coins are tradable neither do all coiks need to be invested on. The volatility knowledge Weill help a lot ik doing this.
A crypto enthusiast that has chosen to either invest or trade needs to know how to control his emotion. There are fear and greediness which serve as bane to a successful trader and investor. So there is need to know how some trading platforms are used to mitigate loss.