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…
Scalping
5 Best Strategies for Trading with Large Cap Cryptos
Cryptocurrencies have been around for some time, bringing forth a wide array of cryptos. However, according to Statista, Bitcoin is the crown jewel for large cryptos in the market, where it reached an all-time high in January 2021 and grew by over 400 billion U.S. dollars. As a result, many people dived into the crypto craze to invest and trade and have found outstanding opportunities. That's why everybody now wants a piece of the pie. Well, if you haven't, but…
4 years ago
Cryptocurrency Trading Strategies Best for a Bear Market
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,…
4 years ago
Looking to Profit From Crypto? Here are the Best Trading Styles to Use
Several styles of cryptocurrency trading can be distinguished through the time frames within which single trades take place. For instance, you can trade daily to collect smaller profits over time or use a long-term market movement to enter positions instead of holding. The specific trading style to select will depend on your personality, how you like to trade, your lifestyle, the time you can spend on trading, and your goals. That said, different trading styles have certain advantages over others.…
5 years ago