Advantages And Disadvantages Of Crypto Trading
Benefits
- high volatility of the cryptocurrency market, which provides high percentages of profitability on transactions;
- opportunity to start with small investments;
- decentralized and secure trading system;
- large selection of trading pairs;
- the ability to make transactions online at any time;
- the rapidly growing field of cryptocurrencies provides an opportunity to earn high income by investing in new projects;
- a wide variety of trading platforms
Disadvantages
- successful trading is impossible from scratch without learning additional knowledge;
- requires constant monitoring of news reports and market analysis;
- relatively stable trading pairs (bitcoin-dollar) bring modest income;
- traders use professional terminology, which is not easy for a beginner to master
