[Translation to English] Cryptocurrency trading for beginners, four basic techniques

What do people overseas think about cryptocurrency trading?

There was an article that explained those basic techniques and knowledge, so I tried translating it into Japanese.

Let's see your skills…。

Beginner-friendly Crypto Trading Techniques

Bitcoin, in other words BTC, is a cryptocurrency traded as a product at many online brokerage firms.

BTC has many unique features. First, BTC is not influenced by central bank policies and operates outside regulatory frameworks. BTC transactions are relatively anonymous, and at many online brokerages, showing identification is not required when trading. BTC has revolutionized the relationships among retailers, buyers, and traders, and their relationship with the market.

Many people casually dive into Bitcoin trading with the same sense as trading traditional currency pairs like AUD/USD, GBP/EUR, USD/JPY. Fortunately, the overall mechanism is relatively easy to understand, so you don’t need a lot of trading experience to trade digital currencies.

However, beginners would want to avoid the following pitfalls.