Trading

If you are a novice trader, cryptocurrency trading will be challenging. With little knowledge about the market, you cannot make decisions like an experienced trader. The major problem with cryptocurrency is that you must gather massive amounts of information to learn how to trade. And as you spend more time trading, things will start to clear. You might have heard experienced traders say that with more significant risks come higher rewards. But, it would help if you also considered that…

If you have been in the crypto world for a while, you may have noticed the typical behavior of the market during weekends. With some exceptions, we are used to seeing the price of significant cryptocurrencies drop over the weekend. The phenomenon is known to those who operate in this market, but understanding the causes is rather complex. Therefore, this article will discuss a definitive answer by analyzing the main factors in this market trend. Do we have a definitive…

Trading currencies has always been among the most popular niches in the complex financial universe. History books date the birth of the Forex market back to the late 17th century in Amsterdam. The modern Forex market is a direct descendant of past trading, with a popularity that, over the years, has also involved small investors. The last few years have been characterized by the birth and rise of cryptocurrencies to create a new pole in the currency market. Without a…

The key to making big with cryptos lies in trading them, with a $1T value in market cap value being in the hands of people worldwide. However, the terminologies during trade can be a nightmare for neophyte traders. One such example is Contracts For Difference (CFD) trading. It is beautiful to all types of crypto traders thanks to its lucrative, profitable opportunities. However, the ability to make impressive gains lies in the trader's familiarity with the fundamental concepts behind CFD.  A Brief Description…

Is position trading profitable? The answer to this question is yes. This strategy made the top 25 highest-earning hedge fund managers generate billion in profits in 2022. Position trading involves HODLing positions or crypto assets for an extended period, usually months or years. Position traders ignore short-term price movements to profit from longer-term trends. This trading technique is suitable for various trading markets ranging from cryptocurrencies, stocks, bonds, and commodities to forex. In the crypto-verse, the strategy has seen tremendous…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! THIS WEEK’S SUMMARY The Crypto Market ends the week at a total market capitalization of $1,792 trillion. Bitcoin increased by almost 18% to reach nearly $62,000 and set a new ATH. Ethereum increased by nearly 13% to trade above $1,800 again. XRP lost almost 4% of its value over the week. Binance Coin, Polkadot, and other altcoins continue to increase in value. The DeFi sector added almost $7 billion…

Zignaly is a popular trading bot that introduces a unique fee structure and no minimum investment limits to provide the crypto community with equal access to automated trading tools. The bot has seen considerable growth in usage and capabilities since its launch. Today, Zignaly boasts over $1.2 billion in trading volume with a linked balance of$70.6 million. Benefits of Zignaly Bot Zignaly users gain much from utilizing this autonomous trading bot. The network features 24/7 support to streamline the onboarding…

The Binance Coin has seen an explosive price action this month, leading it past the $300 mark. Currently trading at slightly over $200, the coin can account for its boom due to its parent company's continued advances. Looking behind its success story is the crypto exchange Binance, founded in 2017 by Changpeng Zhao. The exchange ecosystem operates as a centralized exchange to solve low market liquidity, platform insecurity, and many more. The exchange managed to make massive strides ever since…

The trading unicorn, Robinhood, has raised $3.4 billion to its balance sheet from shareholders. The amount seems to reach this magnificent amount from a 1 billion fund support it announced on Friday. Robinhood seeks to support a flood of retail investors looking to inject their capital in individual stocks on its app. The whole decision was spurred by social media investors boosting the shares in GameStop. In its release, Robinhood said that they would build and enhance their products to give…