I’ve recently been hearing a lot about crypto trading, and it’s got me curious! The hype around it is massive. From what I understand, trading cryptocurrency is about buying and selling digital currency for profit. That seems simple enough, but why are so many people getting into it? What are the real benefits?
Are there any particular advantages to trading digital currency over traditional trading? I know a bit about the stock market. I get that you can make money if the price of what you buy goes up, but usually, you need a broker and there are all sorts of rules and regulations. Also, the market is only open at certain times.
With crypto, it seems like it’s a 24/7 market. But what else? How can crypto trading be more profitable? And are there other benefits like ease of use, speed, and accessibility? Or maybe some risks that are less compared to traditional markets? Would appreciate some insights from the experienced ones here.