How to day trade cryptocurrency?

Another important aspect to day trading cryptocurrency is that you set yourself a stop loss. A stop-loss is when you enter a price that you want to automatically exit your trade. For example, if you bought Ethereum at a price of $700, you could set yourself a stop loss of 10%.

What happened to crypto?

But the road has been bumpy. When Silicon Valley Bank crashed on March 10, and crypto-friendly lender Signature Bank followed suit shortly after, crypto prices plunged. But by the end of March, both Bitcoin and Ethereum had notched new 2023 highs.

What is crypto trading tutorial?

This crypto trading tutorial has been prepared for professionals aspiring to learn all the essentials of Bitcoins and other crypto assets. In this cryptocurrency guide, you will be able to know the method of buying and selling Bitcoin, Litecoin, Dogecoin, list of best Crypto wallets, Cardano Wallet, Monero Wallet, Dogecoin Wallet.

Will crypto prices go down after a major crash?

Following a major crash, prices could also continue to go down for some time, especially if the event causes financial troubles for other exchanges or currencies. Unlike traditional financial exchanges, crypto markets don't have circuit breakers, which automatically pause trading when prices dive too quickly.