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Market makers are people or entities who participate in the exchange's trading platform. Their role is to provide liquidity to the market and post tighter spreads. In return, market makers get paid from the transaction fees they generate. Market makers can be any brokerage firm, hedge fund, or private company, but are more likely to be professional traders. These individuals are responsible for facilitating tight order books and efficient price discovery. The spreads they post provide an incentive for the cryptocurrency market making.
In order to succeed in crypto trading 101, you need to have a solid understanding of the basics. It's important to note that 70% of traders will lose money. There is no perfect market and there are many opportunities for profit. However, a major cause of failure is stress, which can lead to poor decisions and poor trading results.