Trading, Investments, Finance

Scams That You Should Be Aware Of When You Are Trading In Bitcoins

Mar 14, 2021, at 11:59 am

Since its inception more than one decade earlier, Bitcoin has drawn both capitalist's and charlatans' interest, with the latter outnumbering the former. The world of cryptocurrencies is marked by low liquidity and a scarcity of institutional buyers. However, it is infested with terrorists and con artists. Scammers also capitalized on the waxing and waning of bitcoin's market trends. When the value of Bitcoin grew, so did the amount and volume of such fraud, and much more criminals started to...

Crypto Trading Tips That Will Change Your Life in 2021

Jan 25, 2021, at 11:19 am

Whether you are a professional crypto trader or a beginner, you are not free from risks and challenges. What can save you from these things is to prepare in advance.

As you know, you cannot completely control everything in the cryptocurrency space. The good news is that you can improve your trading while minimizing any risk.

You may be listening to reports on different new platforms that feature crypto trading, from market trends to recent corrections. However, these reports may only point out the problem and not providing solutions. For more information you can go through this site crypto-news-flash.com

In this post, you will discover useful crypto trading tips that can help you avoid costly mistakes.

Whether you are a professional crypto trader or a beginner, you are not free from risks and challenges. What can save you from these things is to prepare in advance.

As you know, you cannot completely control everything in the cryptocurrency space. The good news is that you can improve your trading while minimizing any risk.

You may be listening to reports on different new platforms that feature crypto trading, from market trends to recent corrections. However, these reports may only point...

Things to Know Before Starting Forex Trading in 2021

Jan 21, 2021, at 11:36 am

The financial year gains momentum despite the avalanche of global problems, and the main Forex trends have already become more or less clear. Below is a concise overview of the trends you need to know before you start trading in 2021.

Here Are 5 Reasons Why You Should Not Invest In Altcoins

Dec 22, 2020, at 10:38 am

Introduction

Just search anything about Cryptocurrencies and bitcoin, you will get hundreds of articles explaining why investment in Cryptocurrency is one of the best investment options. And almost every article will contain something related to the following.

— Cryptocurrencies cater to high returns.

Major Currency Pairs in Forex Trading

Nov 10, 2020, at 04:18 pm

Typically, we can tell that the quotation for two diverse types of currencies is known as the currency pairs. It is the actual amount that should pay in one currency for a unit of other currency. For example, when the traders are quoted USD/EUR to 2.25, that means they can exchange 1 dollar and receive 2.25 euro. If one’s value changes, it creates an impact on the overall retail market. If the quotation of USD/EUR goes for 3.25 another day, that shows USD has appreciated relative to the Euro.

Major currency pairs

This definition differs among the traders in Singapore. But most of the professionals often include the popular pairs in their business. These are USD/JPY, USD/CHF, EUR/USD, and GBP/USD. The cross pairs and the commodity currencies are also regarded as the major ones. Here are the major categories of those pairs. These pairs are used widely in Forex business.

GBP/USD- Pound dollar

EUR/USD- Eurodollar

USD/JPY- Dollar yen

USD/CHF- dollar swiss frank

These pairs represent the world’s largest economy. These are used for trading in high volume. Higher volume can tend to lead the smaller spreads. The most popular and widely used currency pair is EUR/USD. Its nickname is ‘Fiber’. From the recent analysis, we found that EUR/USD completes 24% of total transactions. It ensures that it can continue the trade at compact spreads. High volume can often lead to a reduced-price difference between the offer and bids.

Typically, we can tell that the quotation for two diverse types of currencies is known as the currency pairs. It is the actual amount that should pay in one currency for a unit of other currency. For example, when the traders are quoted USD/EUR to 2.25, that means they can exchange 1 dollar and receive 2.25 euro. If one’s value changes, it creates an impact on the overall retail market. If the quotation of USD/EUR goes for 3.25 another day, that shows USD has appreciated relative to the...

Reviews on Platforms Used for Bitcoin Exchanges

Nov 05, 2020, at 12:16 pm

Are you in the process of looking for a decent place where you can do some Bitcoin day trading? Or perhaps you are wondering where Bitcoin Exchanges often take place? If you are new to Bitcoins, reading reviews of Bitcoin trading and exchange platforms can certainly help you make an informed decision. Remember that if you sign up for any of this platform, you are giving them your full trust that they will not steal your Bitcoins and that they will not take your money without giving the...

Types of Automated Cryptocurrency Trading

Oct 22, 2020, at 10:08 pm

Inaccurate and unsecured. These are the terms usually used to describe automated trading. But, here’s the truth:

• You get access to the market around-the-clock, even without you having to check for changes or updates every few minutes or hours

• You have access to multiple markets; therefore, more chances of gaining profits

• You get sophisticated strategies

• You can start trading with 100 dollars or even less

• Advanced traders and inexperienced newbies both can benefit...

How to Make Money with Automated Bitcoin Trading

Oct 22, 2020, at 09:55 pm

Crypto trading bots are a thing these days. They are deemed to be very helpful in earning profits in no time – all with less effort! Perhaps you’ve been enticed to try out this new technology yet don’t know how to get started. This content covers everything you need to know about automated crypto trading. What Is Auto Trading Software? It is simply a trading software that allows automated crypto trading or generate traders automatically. With this, you no longer need to work hard for...

Explanation on Collapsing of Bitcoin Price in 2020

Sep 18, 2020, at 10:57 am

Three weeks prior, Bitcoin moved to over $12,000 just to crash surprisingly fast for $1,500. Financial specialists got chills from such a tremendous dive in a brief timeframe, and many are presently addressing whether Bitcoin can keep up its worth, or if the accident is unavoidable. While the coin was taking a jump, 72,000 individuals chose to rapidly sell their Bitcoins which cut down market capitalization from $214 billion to $208 billion. This may not appear to be a serious deal to...

6 Cryptocurrency Investing Mistakes to Avoid in 2020

Jul 26, 2020, at 09:33 pm

If you are planning to invest in cryptocurrency you are on the right path. It's like digging a gold mine as many people around the become rich by investing in it. You just cannot simply invest in random Bitcoins and wish to become rich. This is the most common misunderstanding which is with the beginners. You must know the mistakes and clear them to become successful investors.

1. Impatience is your number one flaw

The same mistake is done by everyone once in their life as it is very common...

Can Bitcoin or Another Cryptocurrency Beat Down the U.S. Dollar Hegemony?

Jun 20, 2020, at 09:15 am

As it stands today the United States dollars is the world’s reserve currency. When someone in Russia, China, Argentina, Zimbabwe or Thailand wants to store their money safely, they convert their local currency into the dollar. Why? The dollar has attained this lucky status for several reasons. One, it is backed by the power of the United States military. The largest air force in the world is the US air force. The second largest air force in the world is the US navy. That military secures...

Trading, investments