The Tentative Steps Into Cryptocurrency Trading

Or… Understanding the value of spreading your investments amongst old and new markets.

Photo by Executium on Unsplash

TL;DR¹

Diversifying your investments into cryptocurrencies provides a unique opportunity, this does not go into trading strategies this is just my journey and some thoughts of their offerings:

1. eToro — long term investment, (HODL as they say) — marke
2. Binance — day trading account
3. FTX — futures day trading account
4. Kraken/Coinspot others — more out of interest and opportunity than anything else
5. 3commas.io — Automation and bots — they do the work for you, however you need to hook up your other accounts, 3commas does not have an account per-se.

Let’s be honest, if you are reading this, you are probably not considered an expert in crypto currency trading, and I do not consider myself to be an expert either. But I am learning, and it is a fascinating journey to learn about the markets and how they work — something that was missing from my school and university education.

Important Information

1. This, in NO WAY, shape, or form is financial advice of any sort, nor is it an endorsement of cryptocurrency trading.
2. Apart from 3commas — none of the exchanges mentioned are referral links to any of the sites.