Tag: trading
The trading screen on any cryptocurrency exchange is likely to include a candlestick chart that describes the price movements of the selected currency.
Cryptocurrency transactions have several costs associated with them, which may include a type of expenses that are not directly related to the transaction.
A strategy that can greatly benefit both new and experienced cryptocurrency traders is utilizing profit vs loss ratios.
Apart from bid-ask spreads being part of the implicit (hidden) transaction costs in (crypto)currency trading, traders should also consider so-called impact costs.
Exchange fees are the most explicit costs associated with transacting trades, but less transparent (implicit) costs are often overlooked.
