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Understanding Cryptocurrencies | Bitcoin, Ethereum, and Beyond

Real drivers and realistic setups

Example

A beginner investor might start by researching the basics of Bitcoin. They would then decide whether they want to focus on long-term growth or short-term trading. After choosing an exchange with good reputation and user interface, they would create a secure wallet. To avoid common pitfalls, they would regularly monitor their investments and stay informed about any changes in regulations or technology that could impact their holdings.

Understanding Cryptocurrencies | Bitcoin, Ethereum, and Beyond

Question

What are some key factors to consider when choosing a cryptocurrency?

Consider factors like network size, developer activity, use cases, scalability solutions, community support, and regulatory stance. These elements can significantly influence the future prospects of a cryptocurrency.

Risk management you can actually use

  • Risk per trade = account equity × risk% (e.g., 1%).
  • Position size = risk per trade ÷ (entry − stop).
  • Expectancy (E) = win_rate × avg_win − (1−win_rate) × avg_loss.
  • Cap total portfolio risk; journal every trade.

A quick example

Account $10,000, risk 1% → $100 risk per trade. Entry $50, stop $48 → $2 risk/share → 50 shares. Target $54 (2R). If stopped, −$100; if target hits, +$200 (before costs).

How much capital do I need to start?

Use an amount you can afford to lose while learning a repeatable process.

How do I size positions?

Decide a fixed risk % per trade, then divide by the price distance to your stop.

How often should I review?

Match your timeframe: DAIly/weekly for swing; weekly/monthly for long-term.

What goes into my journal?

Thesis, entry/exit, risk (R), emotions, result, next improvement.

Sources & Signals (add before publish)

  • Earnings or guidance: …
  • MaCRO data or policy: …
  • Sector flows: …
  • Unusual volume/price action: …

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