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The idea is to borrow in one currency at a low interest rate and invest in another currency at a higher rate. If the exchange rate behaves, that is, the income you get from the difference in interest rates is called a "carry".
Candlestick charts were invented in Japan 100 years before Western countries developed bar and point-and-figure charts. In the 1700s, a Japanese man named Homa discovered the price of rice when markets were strongly influenced by demand and supply and the emotions of traders.
Financial markets have specific trading hours during which assets are bought and sold. However, there’s more to trading than what happens during official hours. In both traditional and crypto markets, pre-markets offer a space for early trading activity, allowing investors to position themselves ahead of the regular market opening.
Cryptocurrency trading, the buying and selling of digital assets such as Bitcoin (BTC) and Ethereum (ETH), has emerged as an exciting and potentially profitable venture. However, for beginners, understanding the basics is essential before diving into this dynamic market. This guide aims to provide you with the foundational knowledge you need to start trading cryptocurrencies.
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