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MarkRoberts
Bronze Bitcoiner
Bronze Bitcoiner
Posts: 483
Joined: Wed Jan 13, 2021 10:19 am

The trader has Complete Control

Fri Jan 15, 2021 9:18 am

An individual investor needs a smartphone, internet connection, and a trading account to start trading crypto. Creating an online account in the various trading platforms is easy as it takes not more than an hour to set up an active account.

The trader has complete control over their crypto and account, unlike in a traditional banking setting where the bank stands in between you and your money or investment. The trader may buy and sell as he/ she willingly wants. The trader makes their careful analysis of the market, buys the crypto when the price is low, and sell it at higher prices when the prices spike.

Blockchain technology makes it possible for transactions to happen immediately, unlike in traditional financial institutions where a set of protocols, which may last for days or even weeks, is to be adhered to to complete a simple transaction. Such shortcomings of institutional trading make trading cryptocurrency a better investment alternative. In crypto trading, the trader has complete freedom to trade and make transactions as he/ she deems fit, and according to his/ her needs.

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