Handy Tips

Automated trading is a financial investment strategy where an investor uses algorithms to complete trades and make profits. The idea has been used for decades in financial markets, and the results have been great for most traders.  Mostly, autonomous trading aids persons with less trading experience to earn in the markets. Moreover, it helps people who want to trade only part-time, say those who do other day jobs. Among the benefits are less time-consuming and higher prospects of making profits.…

This year has been an exciting one for crypto investors so far. The introduction of new sectors and technologies has reshaped the landscape of the industry. These changes have ushered in exciting opportunities for developers and investors alike. While it may seem impossible to keep track of these developments, some have resin above the competition to become major points of interest. Here are 10 projects to watch in 2021. Avalanche (AVAX) Avalanche can be considered a "platform of platforms." The…

For any person involved in crypto investments, the term hodl has popped up at least once. A misspelling of hold first popped up in an old bitcointalk post, the poster declaring he'd hodl his bitcoins no matter the market situation. The word became an instant hit. For any investor, newbie, or veteran, large or small, knowing when hodling is the right decision is crucial to making money. That calls for more in-depth knowledge of crypto trading, which is quite different…

The term hodling was first coined in the most unexpected of ways. An old bitcointalk post had a user proclaim that he would hodl, a miss-spelling of hold, onto his bitcoins even when prices plummet. Admittedly, he had gobbled a fair share of whiskey before the post. So to hodl or not to hodl, what signs show it's time to sodl? Unfortunately, Sodl is a miss-spelling of the word sold, implying selling one's crypto. Well, the article shall delve deep…

The value of cryptocurrencies is evident in the financial sector as Bitcoin and Ethereum take the lead with the highest dominance level. While digital currencies are still a risky venture to many, enthusiasts believe that cryptos hold more potential as an investment tool. Like any valuable item, cryptocurrencies need a secure wallet to safeguard them from unauthorized entities. However, even with the proper security measures, the possibility of losing the wallet’s passkeys is inevitable. Losing your login information can be…

Cryptocurrencies remain one of the most exciting assets that online traders will ever have. The industry is slightly above a decade old, and there are thousands of crypto-millionaires already. Anyone can get filthy rich through cryptocurrency investments, although it still comes with various risks. Volatility is a significant drawback in the crypto world, and why many people have remained skeptical about cryptocurrencies for a long time. Most people are afraid of holding crypto coins due to price volatility issues and…

Major coins like Bitcoin and Ethereum hit their all-time highs in 2021, with Bitcoin more than tripling its 2017 ATH of $20,000. So the market is a potentially great deal for investors, but it can be unclear when looking for the best coin. There are thousands of crypto coins out there. Whether you are a short-term or long-term investor, the comparison could go beyond the top coins, Bitcoin and Ethereum. Are you wondering what your best cryptocurrency coin for investment…

Derivatives have long been the go-to for large financial institutions seeking to trade on the price movements of Bitcoin without holding the digital asset directly. For these large organizations, derivatives made perfect sense because they could trade cryptocurrency instruments without risking future regulatory bite back. But what about normal traders? How can they trade derivatives and profit like the pros? BYDFI Has the Answer BYDFI is a top-performing cryptocurrency derivatives exchange that integrates some cool features that help you make…

It's no secret that cryptocurrencies have become a lucrative form of investment. As such, governments across the globe have updated their taxation policies to get a piece of the rapidly growing sector. But unfortunately, in most countries with implemented digital asset taxation, cryptocurrencies such as Bitcoin are treated as property for tax purposes and not as a digital currency. This means that capital gains and losses reporting rules that apply to other forms of properties, such as real estate, bonds,…