Individuals who are ready to take their crypto learning and teaching opportunities to the next level can easily do this with a brand-new crypto platform called Earnity. The beta version of the platform is formally launching in Q1 2022.
Offering a new way of exchanging, earning, managing the security of, and learning about crypto. With this novel platform, users can easily take advantage of digital assets like bitcoin and decentralized finance—huge areas of focus for both the platform and bitcoin mining business BitNile, a major investor in the platform. In addition, content creators can find a home on the platform. Specifically, analysts, bloggers, and video producers can become “crypto creatives” who make a living through the marketplace.
There’s no right crypto for beginners to trade, as each type of cryptocurrency is different. Various cryptocurrencies offer some risks as well as benefits to traders. The best crypto for a person ultimately depends on their unique interests, trading aims, and attitude toward risk.
In the same way, multiple crypto trading strategies are available for beginning traders, depending on their particular objectives. For instance, investors could engage in momentum trading. They wouldn’t buy the dip with this approach, then sell high. Instead, they would ride today’s crypto waves, entering trades when cryptocurrencies’ prices have already grown significantly. Then, they would exit your positions at the peaks of the trends.
Another viable strategy for traders is called swing trading. Unlike day-trading cryptocurrency or holding onto crypto long term, investors would strive to make medium-term or short-term profits on cryptocurrency movements in price. Alternatively, traders could try scalping—a high-frequency and straightforward day-trading approach. A trader would try to profit quickly from minor changes in a digital asset’s price. When it comes to investors’ preferred crypto types and strategies, Earnity can ultimately point them in the right direction based on their particular financial goals.