Cryptocurrency knows many different trading strategies to execute a successful/profitable trade, one of the easier and common seen strategies that will cover here is ‘swing-trading’.
Swing trading is a style of trading where technical analysis is the most important aspect. Unlike day-trading or hodling your shares, a swing trader keeps hold of his assets for a couple of days to multiple weeks in an attempt to make profits in a short to medium timeframe.
A swing trader makes investments based on the potential risk & reward. The goal is not to wait for your shares to have ten-folded in price. Instead, the idea is to set yourself up for a smaller amount of profit than the predicted price range. When profit has been made and you have successfully executed your trade, continue analysing the charts and look for the next profitable entry.
What is Fundamental analysis ? Fundamental analysis is one of the two primarily used analysing strategies in asset markets. Instead of reading the charts and historical
You might have heard about it before, a trading bot that automatically generates profit and provides a way of earning passive income. But how do you
What is Proof-of-stake? With proof of stake, nodes can verify transactions and create blocks by putting their encrypted coins into the share wallet. These cryptocurrencies must
Not sure what NFTs are or want ot learn more? check out this article Digital art is innovating at a rapid pace and NFTs are likely