It walks you through how to trade cryptos, what are the various trading strategies, and what are the risks. This course will provide you with the basic knowledge on crypto currency, trading strategies and how to trade crypto currency on the crypto currency market. We'll show you how to use technical analysis, fundamental analysis and risk management to your advantage.
While Central America is not one of the major cryptocurrency capitals, its importance in the region and beyond should not be underestimated. El Salvador offers a lot of opportunities to those who want to invest in cryptocurrencies.
Bitcoin is the first cryptocurrency and it has so far been successful as a means of payment and as a unit of account. Despite its success, Bitcoin is still too difficult for ordinary people to use as an everyday medium of exchange. That's why many people are now turning to other cryptocurrencies such as Ethereum or Litecoin, which have their own advantages and disadvantages.
El Salvador President Bukele is considering legalizing cryptocurrencies. "One of the advantages that this would have for us is to generate liquidity, generate an instrument for investments, and not have all the money leave to other countries," he said.
Cryptocurrency has been a hot topic in recent months. The price of bitcoin has skyrocketed, and many people are entering the cryptocurrency market in hopes of becoming millionaires overnight.
Last year, El Salvador became the primary country to adopt Bitcoin as medium of exchange under Bukele’s presidency as a countermeasure to the growing inflation within the country. Since legalization, the president acquired 1,370 BTC for the country’s reserve and reinvested its unrealized gains into new infrastructure projects including a hospital and a faculty.
President Bukele predicted that two more countries will join Central American country to adopt Bitcoin as a tender in 2022. within the same year, he expects a Bull Run which will take BTC price to a replacement all-time high of $100,000.
The potential for cryptocurrencies is huge considering the ongoing success of Bitcoin at a global level. The future will show whether these virtual currencies will stay popular or be superseded by newer ones that offer improvements over Bitcoin's design from 2009- 2019
Trading cryptocurrency is a new form of investing that is not without risks. It just requires the right training, knowledge and experience to be successful.
The market for cryptocurrencies has grown exponentially over the past few years. This has led to an increasing demand for people who know how to trade cryptocurrencies online, which in turn has led to a rise in the number of crypto currency trading courses being offered by various institutions.
Bitcoin (BTC) has given positive returns within the first week of January starting from 7% to 36% between 2018 and 2021.
In 2021, BTC grew from $28,653 to $41,441 within the first week of January.
First week of the year effect $BTC returns first week of:
2021 +36%
2020 +13%
2019 +7%
2018 +18%
