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Cryptocurrencies

What Determines the Price of a Single Bitcoin?

Sep 08 2020 @ 03:24
Bitcoin is a currency that was developed in the year 2009 by Satoshi Nakamoto. The name was given to the unknown creator of the currency. Of course, transactions are all recorded in the blockchain and this shows the transaction history for every unit. It’s used to prove ownership in the blockchain. Buying a Bitcoin is […]
 

What is the most important thing in trading?

Aug 26 2020 @ 13:25
Let us face it, the basic reason why people trade is to make profits. Our main goal is to engage the financial markets and end up making money by doing so. Sadly, many traders are too obsessed with making money that they tend to ignore safety of their trading capital. They think of how much […]
 

What Exactly Is DeFi? All You Need to Know

Aug 26 2020 @ 13:10
Decentralized Finance (DeFi) is the fusion of traditional banking services with decentralized technologies like blockchain. DeFi may also be called Open Finance due to its inclusive format. It is important to note that the DeFi community is committed to creating alternatives to every financial service currently available. These services include items such as savings and […]
 

Whether Stocks Rise or Fall, There’s Room for Crypto in Your Portfolio

Aug 26 2020 @ 11:17
The price of Bitcoin and the overall sentiment of the cryptocurrency market has been rising in the last few weeks in sync with U.S. stock markets. Bitcoin started displaying a positive correlation with U.S. tech stocks at the start of Q2 2020, while other asset classes have been struggling in the light of the COVID19 […]
 

New Pattern Suggests That Bitcoin Could Crumble To the $10,000 Level If Bulls Don’t ”Save the Day”

Aug 20 2020 @ 22:26
Bitcoin (BTC) and the rest of the cryptocurrency market have been swept by intense volatility in today’s session, with the benchmark cryptocurrency plunging below the key $12k support. This drop saw BTC drop as far as $11,600 before bulls stepped in to prevent further declines. Many analysts believe that this sharp decline has disrupted Bitcoin’s […]
 

Ethereum Price Analysis: ETH Faces Rejection, May Revisit $400 Support Level

Aug 20 2020 @ 22:16
Key Highlights Ethereum faces rejection at $440, may continue selling presure Ethereum has the chance of reaching its target price of $480 Ethereum ( ETH) Current Statistics The current price: $412.58 Market Capitalization: $46,308,157,897 Trading Volume: $12,328,754,634 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis August 19, […]
 

How do I control my trading risk?

Aug 13 2020 @ 01:21
RISK CONTROL TECHNIQUES IN TRADING Risk is ever present in trading, just as it is in other areas of life. The good news is that the risk inherent in trading can be controlled effectively, thus enabling you to be permanently triumphant. No-one on earth can trade repeatedly without any loss, no matter the trading strategy adopted. […]
 

Battle styles in the war room

Aug 01 2020 @ 05:51
Trading is a highly competitive human endeavor, but it is also highly rewarding. The financial markets can adeptly be compared to a battlefield; therefore a trading room can be likened to “a war room,” where you engage the markets. Victorious soldiers of the financial markets are those who make average gains that are bigger than […]
 

Day Trading or Swing Trading, Which is Preferable?

Jul 22 2020 @ 00:30
Day trading or swing trading? I find that to be a very loaded question. New traders are always curious to know which trading style is preferable. Although both trading styles have their distinct advantages and disadvantages, the important thing to find out is which of the two best suits your personality. In this article, we […]
 

Bitcoin price analysis: BTC has a knack for disappointing unrealistic investors

Jul 19 2020 @ 20:02
Bitcoin (COIN:BTCUSD) went seriously downwards in March 2020 when it moved briefly below the $400 level. Since then, price went upwards gradually until May 20; and it has consolidated till now. ADX period 14 is almost above the level 40, showing a considerable amount of momentum in the market. DM+ is also above DM-, which […]
 
 
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