Trading

Cryptocurrencies today account for a trillion-dollar ecosystem whereby investors can leverage transparency, anonymity, and security in their financial endeavors. Although, the major downside comes when attempting to analyze the values of digital assets, especially with the volatility tendencies.  Due to this reason, it is necessary to use several indicators which predict the possibilities of upcoming bearish or bullish trends in the market. For example, one indicator traders employ is the death cross pattern, which usually represents the possibility of an…

Crypto enthusiasts can take advantage of several technical indicators in the crypto realm and make a significant profit. One indicator that has proven worthwhile is the resistance level, which can result in huge profits for crypto traders when tweaked correctly. Interestingly, newbie traders can utilize the Fibonacci extensions to forecast potential resistance levels. For example, it can predict a resistance level will advance and reach the 161.8% or 261.8% Fibonacci resistance levels and then retract. The resistance level is a…

Trade mining is a feature in the DeFi space that continues to gain popularity. The concept combines the essence of yield farming with staking and mining in a unique way. As such, it enables users to secure passive rewards securely and in a stress-free manner. What is Trade Mining Trade mining systems operate as incentivization protocols for exchange users. Trade mining tokens mint every time a person conducts a transaction on a participating DEX (decentralized exchange). Like mining, these tokens…

Financial markets, including stock and cryptocurrency exchange platforms, are among the most lucrative investments of today. However, should anyone assume that investing in financial markets is easy? No! Investing in crypto markets is among the most complex investment options today.  Many rookie investors make the mistake of inputting emotions in their investment decision-making in crypto and lose fortunes. However, that has always been a catalyst of business failure, especially when trading cryptocurrency. Fortunately, there are various ways an investor can…

Cryptocurrency trading comes with a lot of uncertainties. Consequently, developers have developed tools to help crypto traders evaluate patterns in trading data. These analysis tools, such as Santiment, prevent traders from making investment decisions based on emotions. This article reviews the Santiment tool, one of the most excellent data analysis tools. The platform has been in use for years and has helped many traders understand crypto markets in depth. Additionally, with this tool, traders can apply the essential analysis concepts…

Cryptocurrency markets are characterized by comparably higher volatility than stock markets. As such, a very robust bullish market may suddenly swing to rapid decline. Conversely, a bearish market may also suddenly get an upswing in prices. Due to the comparatively higher volatility, crypto market corrections may catch many traders completely unaware. An investor may suddenly find himself in a position where a previous cash cow loses money rapidly in hours, prompting a divestment. Consequently, the price may swing back up…

Fourteen years ago, the cost of bitcoin was 6 cents. This year it recorded an all-time high of 60k. Considering the current Bitcoin mainstream adoption, what is the fate of Bitcoin ten years from now? Contrary, there are also competitive coins such as Ether (ETH) with more prominent communities. As mentioned above, the price of Bitcoin has inflated in the past ten years. So what does inflation mean? Contrary to the crypto-space definition, the fiat world defines inflation as a…

As an investor, many benefits are enjoyed following the lead of successful experts from all over the globe. Trading platforms have made it easier with features like the best Trading tool to track top investor moves. Based on this understanding, social trading is an improved way of modern trading that offers instant and constant access to a vast pool of information.  Other users can share their trading strategies, and newbies can benefit from this since they can place trades without…

Making a trade, especially in stock bourse and cryptos, may come across various specialized trade terminologies. The put-call ratio indicator is a relatively common terminology in trading circles. Investors use it to weigh the market's mood, determining if an investor will buy or sell his/her digital assets. It may also use to forecast the market direction when deeply assessed. The article shall highlight what the put-call ratio indicator stands for and the various ways during crypto trading. What is the…