Trading crypto is more recommendable for anybody who considered making money online either for a living or side hustle. I can confidently tell you that trading crypto is the most easy online biz which bring much gain with less effort.
Having said that, it very important to also let you know that trading cryto is very volatile, anything can happen in a twinkle of an eye. Therefore, you need to do your research very well before you invest your hard earned money on any coin.
In cryto world, we trade coin against each other just like how they do in forex i.e buy less sell high. In fact anybody that knows the rule of forex need no further explanation before he/she can lays his/her hands on crypto trading and succeed on same.
Since your aim is to make profits, all you need to do is to buy a coin when it is cheap and wait till the coin rise in value to the value it were when you buy it, and sell.
That's how easy crypto can be, you may buy now and in few hours your profit is in front of you smiling or the coin record more lose in value, which is a lose for you too, depends on how well you have done your calculation before you decide to buy or to sell.
Note: The most important thing in trading crypto is patients, patients and patients, because you may choose to buy now and immediately after you make the purchased the coin crash further. On the other hand, you may want to sell at a peanut gain after some day of no improvement, and after you click on sell the coin skyrocket. Such is the story in crpto world, those happened to amateur though. Or let me say, as amateur those are the price you will pay.
To trade bitcoin and it counterpart coin you need:
1. Bitcoin Account & Address: This is just like when you open a bank account which will lead to getting an account number for you automatically. When you signed up for bitcoin account you will be given a bitcoin address. This address serve the purpose of account number, anytime you want to buy, this address will be required. This bitcoin address is the portal which make your bitcoin get to your account. You can sign up for bitcoin here blockchain.info, coinbank.com e.t.c.
2. Local Exchange: This is where you buy your bitcoin or any other coin. As in the case of Nigeria there are many local exchange around where you can buy bitcoin with your Naira MasterCard but I can only recommend one because it is the only one I have transact with. instantgold.com, Nairaex.com.
3. International Exchange: This is where you trade your bitcoin against any other coin and make your way to profit. For this category of exchange I recommend poloniex.com, btc-e.com
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