The Exchange - Trading

in #cryptocurrency8 years ago (edited)

I am a complete Noob to trading and cryptocurrency in general. However, before I become more knowledgeable, I want to be able to write this in layman's terms for all the new guys (or ladies) like me .

The chart will now show green and red bar (Candlesticks) for that time frame. The color is a representation of its trajectory. Red indicates that the price is declining while green means it is increasing. Most people will suggest to attempt to buy a currency at its lowest price and sell it at the highest possible. I will not speculate as to how to choose what currency to buy and when because I haven't been doing this long but I will say, don't be afraid. You are on there for a reason. Make decision, stick to it and react quickly.

Best piece of advice I can give you. MAKE SURE you have time to monitor the progress of your investment. It can very quickly turn to dust.

To be continued on how to make a transfer coming next.