Altcoin Scalp Trading: The Good, The Bad And The Ugly
Despite the never-ending chaos and shenanigans surrounding big-name exchanges such as Cryptsy, altcoin scalp trading (aka "altcoin scalping") is on the rise. Altcoin scalp trading is a blazing-fast style of cryptocurrency trading specializing in volatile markets: quick momentum trades for small, albeit consistent profits. As compared to the many hours conventional day trading and swing trading take to get in and out of position, altcoin scalping takes only seconds or minutes to get in or out of position. It's no wonder this style of altcoin volatility trading is becoming more popular by....
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In recent weeks there has been a raft of activity in the increasingly popular ICO crypto-funding market, with a large number of successful Altcoin launches. The most successful being Ethereum raising $18 mln, who now holds a market cap of $1 bln, Waves raising $16 mln, Lisk $10 mln and several others currently inflight, including Lykke. With the high profile shenanigans surrounding the DOA that poured cold water over ICOs a few months back, and the odd attempted scam reported in the Blockchain press, the appetite for ICOs seems better than ever. So how do you spot a good opportunity? How....
A scalp pattern has presented itself in the bitcoin price, here's how we are looking to trade it. For this evening’s analysis, we’re going to go at our bitcoin price strategy a little different than normal. A look at the cart below reveals the formation of an upward sloping triangle during the European session, and this has offered up an opportunity to scalp the markets. We can still define a range for the longer term breakout approach, but a few dollar scalp is always a nice quick turnaround position, so as we head into the close of the European session and move into the US afternoon,....
It’s time to turn our heads to the Arabic world. How does the Qatar-based international news station Aljazeera sees El Salvador’s Bitcoin Law? Are they as lost as western media or can they handle themselves in the cryptocurrency space? Well, their journalistic report is balanced and complete. Aljazeera gives you the good and the bad. […]
Scalping focuses on making money off of slight price swings. Crypto scalpers use this method to reap quick gains from reselling assets. Although cryptocurrencies are known for their volatility, they give traders various opportunities to pocket and reinvest the gains. Scalp trading is a crypto strategy that helps scalpers to take risks and make the most of frequent price fluctuations by observing price movements.This article will discuss scalping, how it works in cryptocurrency, the advantages and disadvantages of scalp trading in crypto, whether it is complicated and how much money you....
Here's what we are looking at trading in the markets today, specifically, a bitcoin price scalp strategy. Over the last couple of days, action in the bitcoin price has been relatively flat. We have seen the odd bit of choppy momentum here and there, but nothing sustainable, and this has made it difficult for us to get in and out the markets and draw profits according to our standard intraday breakout strategy. With this in mind, and as we head into the fresh days trading in Europe on Wednesday, we’re going to shuffle things around a bit. Specifically, we’re going to tighten in our intraday....