Description: The crypto market is not the same as the stock market; prices here are driven by market sentiment, not dependent on a company’s performance.
Understand The Importance
With Bitcoin prices going through the roof investors are now desperate to add cryptos to their portfolios. But if you are new to crypto investing, there are important things to understand. The crypto market is not the same as the stock market; prices here are driven by market sentiment, not dependent on a company’s performance.
With the Bitcoin having held its ground despite the recent pandemic, would-be crypto investors are hopeful of favorable returns. They are now comparing Bitcoin with gold, giving it the status of a safe asset. But, do you know the basic rules of crypto trading? If not, you should follow these guidelines before diving deep into the crypto waters.