Trading Strategies

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…

One of the critical decisions every crypto investor has to make is the coin to include in the portfolio and what to leave. Naturally, most traders focus on well-performing coins and coins with a high cap, like Bitcoin and a few altcoins, and they have good reasons for these choices. Such investors view micro-cap cryptocurrency trading as a high-risk venture. However, they don't understand that there is an immense potential to make exponentially high profits from such coins since there…

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…

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…