In this lesson, you’ll learn about the cryptocurrency market. Here are some characteristics to take note of:
– It’s a fairly new market that started to develop in 2009 with the launch of bitcoin
– Open 24/7, 365
– Currently (as of 2020), the market is not yet mainstream, and therefore it goes through periods of high volatility and extended periods of low volatility
– As mainstream adoption of Cryptocurrency picks up, the market should become more stable over time
If you haven’t yet, please start to familiarize yourself with common trading terms & jargon relating to the crypto market - this will provide you with the necessary foundation as we move through the course, and dig into the actual strategies and management techniques.
Cryptocurrency Resources:
Intro Guide: https://www.irekpiekarski.com/guide-crypto-trading/
Crypto Trading Terms: https://www.irekpiekarski.com/crypto-terms/
Many people have their list of favourite cryptocurrencies that they track on a regular basis and add to that list based on their interests. However, scanning the top 10 or top 20 cryptocurrencies based on market capitalization is a good practice and is how Irek personally creates his own cryptocu...
In this lesson, Irek summarizes his thoughts on the various markets and which to start off with (i.e. Irek started off with forex because it is the largest and most consistent of them all with both bearish and bullish opportunities to capitalize on). However, if you already have experience in equ...
