In 2009, 1000 BTC cost 0.003 USD. Funny numbers. Only in November 2021, the price of 1 BTC increased at its peak to 68 thousand USD. Moreover, in the middle of 2020, 12 thousand dollars were given for one #coin on the exchange.
Advantages:
➕ potentially high profit;
➕ deep knowledge in technical analysis is not required.
Disadvantages:
➖ knowledge in the field of fundamental analysis is required.
📉 #Trading
Technically, the algorithm is the same as investing: you buy cryptocurrency when it's worth less and sell it when it's worth more.
But this is only one option, which can also be earned from falling prices. This type of transaction is called a short.
Advantages:
➕ high #profit potential in the short term;
➕ no need for large investments.
Disadvantages:
➖ you need to know the market well;
➖ permanently monitor asset quotes, choosing those on which there is an opportunity to make money now.