Juan Carlos Apitz explains the advantages of cryptocurrency trading

Since 2017, crypto trading has become an increasingly common activity among young people. The barriers that existed to manage an investment account have disappeared to open digital markets to millions of people in the world, who see graphics and invest their money in websites. However, the risks are innumerable as weel as the essential precautions to invest successfully, explains Juan Carlos Apitz Ardizzone, member of the team of professionals from Intelinvest Exchange House.

Although cryptocurrencies have opened an infinite universe to invest money, it is important to consider that you should accept the risk – to some extent – to lose some money. “The traders, professionals of the speculation in periods of very varied times, dedicate years to learn to take risks. In the case of cryptocurrencies, risk management becomes even more relevant, since they are speculative assets with a much higher volatility than other financial market assets,” says the specialist.

For Juan Apitz, the crypto market boom – still having thousands of cryptocurrencies – is determined by Bitcoin movements. “Crypto also has a public offering, called ICOs, and although the regulation is still not very clear, Bitcoin has enough liquidity and interest so that there is enough market for millions of traders in the world.”

Financial market trading is a professional activity that involves a technical and emotional preparation that can be a double-edged sword. While there are many stories of people who have earned a lot of money, it is essential to understand that this is not the script of the vast majority of people who decide to risk their money in digital currency markets. Good habits or practices are essential to learn in the world of speculation and are an essential value for wealth accumulation.

The digital currency market is a great long-term bet. Investments have the characteristic of meeting a deadline, or at least their activity tends to consider a  certain period of time. The speculation that traders do, although it can occur over multiple periods of time, should consider some fundamental characteristics of the particular market, he added.

In the case of cryptocurrencies, it is very important to consider the immense potential of the crypto proposal for hundreds of industries in the global economy. If speculation is an activity that can be complemented using technical analysis or general analysis, indistinctly, it should always be considered – at all times – that such approaches are not exclusive. That is an aspect we have in mind at Intelinvest, when providing support and guidance to our advisors and clients, emphasized Juan Carlos Apitz Ardizzone.

Source: El Sumario