Embarking on my Bitcoin Trading Journey: Learn Basic Technical Analysis
My Trading Experience. I first dabbled with Trading and Technical Analysis back in November 2012, when I first got into Forex Trading. Back then, I was introduced to an Automated Forex Robot that could rake in passive income of about 5-10% a month, and used a Martingale (doubling) strategy for trading. In less than 3 months, half of my account went bust because I was using too high of a risk-reward setting, coupled with a highly volatile GBP/USD market on the 4th of January 2013. I did a fair share of Finance courses during my Business studies, and had a basic understanding of the Equity....
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Surviving the highly volatile crypto market at times can be tricky. Profiting from the enormous price swings in both directions can be even more difficult. However, those that can utilize technical analysis, fundamental analysis, and expertise that only comes through expert experience can be enormously profitable. Now, anyone can learn how to profit like the […]
One Bitcoiner’s journey making it through a major bitcoin crash, going on a quest to learn from others and finding community in the process.
“Out of the 80% of Top 50 hedge funds in the world we’ve spoken to, they all are embarking on some sort of crypto journey,” says Olsson. In an interview with Cointelegraph reporter Joe Hall on April 12, David Olsson, global head of institutional distribution at BlockFi, shared his insight on the state of institutional adoption of cryptocurrencies. BlockFi is a financial services company that offers retail wealth management products such as crypto-backed loans, interest accounts, Bitcoin (BTC) rewards credit cards, etc. Meanwhile, for institutional investors, BlockFi's proprietary platform....
The cryptoverse is vast and there are a lot of things to learn. With so many new parts of the industry popping up, it can seem like a gargantuan task to learn about all of these different parts. While one can never really learn everything there is to know about crypto, absorbing as much as you can is the difference between a highly profitable crypto journey or one filled with losses. Phemex helps to bridge this knowledge gap by providing an educational platform where crypto users can learn about the various parts of the market. This comprehensive solution includes unique features and....
Bitcoin is trading under pressure as the Greek banks are supposed to open to the public today. Down 0.63% since our previous observation, Bitcoin has broken the upward sloping trendline, thereby creating a low-risk, shorting opportunity. Bitcoin is now trading at $276.09. In my analysis Buy, With Caution! I expressed that I expected a swift decline in the price in case the trendline was breached. Even though the support has been pierced and the price remains relatively flat, technicals have undergone a severe deterioration. Take a look at the technical analysis of the daily BTC-USD chart....