Cryptocurrency trading: https://eaforexacademy.com/courses/cryptocurrency-trading/
As I explained already in some of my outside videos, I'm able to travel because I trade with Expert Advisors or Robots, which are trading right now while I'm talking. But today, I will be talking about cryptocurrency trading, and I will explain to you how it is possible to trade cryptocurrencies, not just on the exchanges, but with Robots as well.
So what usually beginners do, they write cryptocurrency trading how to, or what is cryptocurrency trading, how can I start cryptocurrency trading. And 99% of the time, people end up losing money.
Why is that?
Because they lack information, they lack education, and they don't know what they are doing. So cryptocurrency trading is not just a hobby. It is a hobby to travel, this is what I do right now, but the trading, the Forex trading, the cryptocurrency trading, stocks, this is a serious thing. You might lose your money.
And I can assure you more than 95% of the people are losing their money on the market and 70% of them are blowing their accounts during the first month. Can you imagine what a crash that is for everyone's investments?
This is why money management is essential, and I have recently recorded another video about it, so make sure to have a look at it.
https://www.youtube.com/watch?v=CzavZCwSQXM&list=PLKVhG9CW7OB42xt8bHqtwbHGk57pGuty3&index=4&t=1s
But money management is a key point not to crush your account during the first month or the first year, or if you do it alright, you will never ever crush your account.
And in my newest course about cryptocurrency trading, how to invest actually I show in that course, so it's called Cryptocurrency Investment Strategy. And I called it Never Losing because of the money management that I use.
So having the right money management is so essential in cryptocurrency trading, in Forex trading, in investing, in anything, and in general in life.
Now let's start from there, what is the cryptocurrency trading platform that I use? Most of the time, I use the Meta Trader platform. This is a trading platform, and it allows Expert Advisors, or for the beginners, these are the trading Robots. We can trade cryptocurrencies with Robots.
We cannot do this on the exchanges at least for the moment, but we can trade on Meta Trader using different brokers. So the brokers, these are huge companies that provide us the chance to trade on the value of the asset.
So it's not like we buy cryptocurrencies and we can trade with them, we trade on the value of the asset.
How does this work?
We fund an account with a broker, for example, you fund an account with $1,000, and you can start buying and selling cryptocurrencies. Now, the benefit of that is that we can actually sell without having the crypto previously.
So what that means is that if you fund your account with $1,000, you have no open trades, you can sell the Bitcoin if you see it's going down. If you have a strategy, you always need to have a strategy while you're doing cryptocurrency trading. And if you want to sell the Bitcoin, you can sell it.
Our Trading Packages:
https://eaforexacademy.com/packages/trading-software/
The software that we prefer to use in the Academy:
★ Forex Strategy Builder Pro - 2 weeks trial:
https://eaforexacademy.com/software/forex-strategy-builder-professional/
★ Test EA Studio with 15-days trial and get the FREE course:
https://eaforexacademy.com/software/expert-advisor-studio/
� If you have any questions about Cryptocurrency trading, please, write in our trading Forum.
https://eaforexacademy.com/forums/forum/general/
Our online algorithmic trading courses:
https://eaforexacademy.com/courses/algorithmic-trading/
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