A complete trading plan in forex and crypto trading is crucial for achieving long-term success and sustainability in these highly volatile markets. Here’s why: Provides Structure and Discipline A trading plan serves as a roadmap, guiding your decisions and actions in the market. It helps you stay disciplined by reducing […]
Cryptocurrency
8 posts
Trading using indicators involves using statistical tools or visual cues on charts to inform your trading decisions. Technical indicators are heuristic or mathematical calculations based on the price, volume, or open interest of a security or contract used by traders who follow technical analysis. Technical analysts or chartists look for […]
A chart pattern is a formation on a price chart that indicates potential future price movements based on historical trends. These patterns form the foundation of technical analysis, requiring traders to accurately identify and interpret them. While chart patterns are essential for technical analysis, they can be challenging to master. […]
The fourth much-anticipated Bitcoin halving took place slightly after 8:09 p.m. Eastern on Friday. Following the event, Bitcoin maintained its price stability around $63,000, sparking curiosity about the outcome and what lies ahead for the cryptocurrency. What Exactly Happened During This Halving? During the recent halving, the rate at which […]
Cryptocurrency has revolutionized the financial landscape, offering a new way to trade and invest. Among the many metrics used to evaluate these digital assets, market capitalization, or market cap, stands out as a critical indicator of their value and significance. In this guide, we’ll delve into what market cap is, […]
When diving into the world of cryptocurrency investing, understanding key metrics like Market Cap and Fully Diluted Market Cap can make a significant difference in decision-making. These two terms might sound complex, but they play crucial roles in evaluating the potential of a cryptocurrency project. Let’s break down the differences […]
Cryptocurrency trading has become a popular way to invest and make money. But for beginners, it can seem intimidating and confusing. In this article, we will explain the basics of how to trade cryptocurrency in a simple and easy-to-understand way. Step 1: Choose a Cryptocurrency Exchange The first step to […]
Cryptocurrency is a relatively new concept that has been gaining popularity over the past few years. As the name suggests, cryptocurrency is a digital or virtual currency that uses cryptography for security. In this blog post, we will explore what cryptocurrency is, how it works, and why it has become […]