Trading

Cryptocurrencies are highly volatile, which makes understanding chart patterns a valuable art in crypto trading. The cryptocurrency charts provide a lot of information, so they may not be helpful without proper analysis. Seasoned traders use them to gain insight into current market trends and identify opportunities for entry and signals for an exit. Crypto investors need to dedicate time to understanding particular patterns around the crypto coins in their portfolios. Reversal patterns are common and can be broken into double…

Crypto trading is as huge a hotcake as any other hot stock. Players from the average Joe to the richest individuals and institutions are clamoring for a piece of the action. The massive attention of late paints a very different picture than the nascent 2009 launch of Bitcoin, the first cryptocurrency. It has switched from a geek's part-time occupation to an all-around credible investment, attracting investors in droves. As people venture into crypto trading, terms like bull and bear markets…

A bear market occurs when a progressive downtrend for a specified period exists. Trading cryptos without a plan with your hard-earned money away because of the market's volatility. With bearish markets, trading strategies vary, and they are a new trader's worst nightmare. Bear markets are what differentiate wannabes from experienced crypto traders. They command discipline, knowledge, and profits for resilient traders. This guide seeks to find the best tips on approaching a bearish market to overcome the main obstacles –strategies,…

The Candlestick chart (also known as the Japanese candlestick chart) is a type of financial chart that describes price movements for security, derivative, or currency. The pattern is thought to have originated from a Japanese rice merchant named Munehisa Homma in the 18th century. The pattern was later introduced to the United States by Steve Nison in his book Japanese Candlestick Charting Techniques. A Candlestick's performance varies depending on the type. An analysis done by Thomas Bulkowski, who built performance…

Do you want to invest in the financial and crypto markets but have no idea what trading strategy to use? Unfortunately, thousands of other beginner investors worry about the same every other time. Of course, there are several trading strategies, each with different profit potential. Therefore, when considering the strategy to deploy, a trader needs to understand the different aspects affecting trading, including time/availability, capital, and expected returns, among other factors. Time requires serious consideration since investors should know their…

The financial markets are highly volatile, with prices of currencies in fiat and crypto changing rapidly from time to time. When you look at the market charts, the currency fluctuations for BTC, ETH, USD, and EURO, occur within seconds. Seasoned investors have been taking advantage of the market changes and making fortunes using a trading strategy dubbed scalping. Scalping trading is a type of financial market trading involving opening and closing trades in a minimum duration. The idea behind scalping…

As you become more familiar with the crypto market and trading in general, you will inevitably stumble across the terms leveraged and margin trading. While these terms are interconnected, they don't mean the same thing. Leveraged trading is a broad term for taking on debt to magnify your exposure to a particular asset. Margin is similar to a security deposit that allows you to borrow money plus an interest payment with the expressed goal of investing in other financial instruments.…

Amidst the growth of crypto trading, developers have developed several tools, including portfolio managers, wallets, market watchers, portfolio balances, crypto news aggregators, and exchanges, to make trading specific and profitable, minimizing risk.  The right set of crypto trading tools and a proper mindset is crucial to successful cryptocurrency trading.  Cryptocurrency Exchanges Why You Need Them: To buy or trade cryptocurrencies  Cryptocurrency exchanges offer a gateway to the cryptocurrency world by allowing investors to trade cryptocurrencies for other assets, such as…

At some point, every crypto trader must figure out if they are ready to incorporate crypto trading bots into their strategy. Trading bots are automated protocols that execute trades based on preset market indicators. Bots simplify trading and are an excellent way to ensure you take advantage of trading opportunities.  Recently, there has been an influx of traders onto the popular exchange Coinbase Pro. Coinbase Pro is the advanced version of the largest exchange in North America, Coinbase. It provides…