Trading Guide for Beginners

Cryptocurrency trading involves speculating on the price movements of digital assets like Bitcoin, Ethereum, and others. The goal is to buy low and sell high to make a profit.

Unlike traditional stock markets, crypto markets can be highly volatile and trade 24/7. This presents both opportunities and risks.

There are two main approaches to analyzing the crypto market:

Technical Analysis (TA)

Studying historical price charts and patterns to predict future price movements. Key tools include:

• Support and Resistance Levels
• Moving Averages
• Relative Strength Index (RSI)
• Candlestick Patterns

Fundamental Analysis (FA)

Evaluating the intrinsic value of a cryptocurrency by examining factors such as:

• Project Team and Technology
• Market Cap and Adoption
• News and Regulations
• Tokenomics

Follow these steps to begin trading on our platform:

1. Sign Up: Create an account on Crypteo.
2. Verify Your Identity: Complete the identity verification process.
3. Deposit Funds: Add funds to your account using one of our supported methods.
4. Choose a Cryptocurrency: Research and select a crypto to trade.
5. Place an Order: Use the trading interface to buy or sell crypto.

Trading involves risk. It is crucial to implement risk management strategies:

• Start Small: Don't invest more than you can afford to lose.
• Diversify: Don't put all your funds into one cryptocurrency.
• Set Stop-Loss Orders: Limit potential losses by automatically selling if the price drops to a certain level.
• Do Your Own Research (DYOR): Don't blindly follow tips; understand your investments.
• Stay Informed: Keep up with market news and trends.

• Have a clear trading plan.
• Stay disciplined and avoid emotional decisions.
• Use charts and indicators to inform your decisions.
• Consider long-term investing (HODLing) alongside trading.
• Practice with small amounts before trading larger sums.