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...
Trade breakdown by Jonny: IBO - USDCAD (S) 3 JUNE 2019
Trade breakdown by Irek: CBO – AUDNZD (S) 4 JUNE 2019
