Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crypto Trading
Stop Loss or Stop Limit Order: Which Order to Use and When
Trading cryptos is not as easy as it sounds, and most people will tell you that. However, even professionals require some handy tips to ensure they are profiting from the market. These tips include using order techniques to regulate the amount spent during trading. Using such tips, you can be sure to earn a living from trading or even become a crypto millionaire. Each executed trade requires at least two orders to be considered complete: the buy and sell orders.…
4 years ago
A Beginner’s Guide on Head and Shoulder Patterns in Crypto Trading
We are over a decade now, and cryptocurrencies and blockchain technology are entirely in the limelight. However, one thing that remains a puzzle to many is how to maneuver this attractive nightmare. First, blockchain technology presents itself as one complex technology whose features unlock unprecedented capabilities across almost all sectors. Cryptocurrencies then take their place as a global topic for discussion as digital assets carrying the potential for creating overnight dollar millionaires. There's, however, one major downside, volatility, which is…
4 years ago
A Closer Look at an Emerging Crypto Exchange, MEXC
According to the Coinmarketcap platform, more than 366 registered crypto exchanges offer services in different jurisdictions. Every other month, more exchanges join the crypto world with the promise of making things easy for crypto traders and investors. Most of these exchanges prove to be unique by providing top services at affordable rates and fast speeds. This guide will be reviewing one such exchange, MEXC, a one-stop shop for all crypto exchanging services. Keep reading to know what products and features…
4 years ago
TradingView Techniques For Crypto Trading
Cryptocurrency traders spend most of their time searching for the coins with the most exciting prospects. However, well-informed investors also look to various crypto exchange platforms, applications, cryptocurrency price tracker monitors, and services to maximize their earnings. This is why the accuracy of cryptocurrency trackers is so significant in an investor's decision. For this reason, traders need to choose their price trackers carefully. TradingView is an online stock-picking software released in June 2012 as a social platform for active traders. The…
4 years ago
Understanding Double Tops and Bottoms in Crypto 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…
4 years ago
Coin Market Manager Lets You Track Your Net Worth in Real-time
Coin Market Manager is an automated crypto trading journal and market tracker that makes it easy for individuals to monitor their net worth. The platform provides you with an in-depth analysis of your trading strategy and holdings directly from its user-friendly interface. In this way, Coin Market Manager seeks to streamline your trading experience and push your ROIs higher. What Problems Does Coin Market Manager Attempt to Fix? Coin Market Manager attempts to rectify a few common problems encountered by…
4 years ago
4 Signs One Should Stop Hodling
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…
4 years ago
Swing Trading Vs Day Trading; Which One is More Profitable?
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…
4 years ago
Factors to Consider When Scalping Trading
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…
4 years ago