Whether to Buy or Trade Cryptocurrencies in 2019?
If you are considering investing in cryptocurrencies in 2019, decide whether buying or trading will suit your needs best. In this article, we shall analyst buying crypto and trading crypto to guide you on how to make the maximum profits on cryptocurrencies in 2019.
Cryptocurrencies are interesting to investors given their chunky returns. The volatility in crypto also offers lots of opportunities for those interested in trading price movements. Should you wish to start your crypto journey, here are the steps you can take.
Decide Whether You Want To Buy Or Trade?
You can buy cryptocurrencies from an exchange and hold it in your private wallet waiting for prices to increase. Or you can trade cryptocurrencies by speculating on their prices without ever buying them, using derivatives trading instruments called cryptocurrency CFDs. When buying a unit of a cryptocurrency, you pay in full the price of the asset.
Meanwhile, when trading, you would only put up a small proportion of your…