For newer cryptocurrency traders, learning how to successfully time market entries and exits is a fundamental challenge. It’s also often a difficult one, given the considerable volatility of the market.
Technical trading tools help level the playing field, giving traders access to indicators that can help identify developing market trends and opportunities. One of the most popular and useful of these indicators are “Bollinger Bands.”
To help you learn more about technical trading strategy, let’s take a closer look at the ideas behind Bollinger Bands, and how the bands are used in cryptocurrency trading. This article is merely meant to serve as a helpful resource, not advice.
If you’re a new or beginning cryptocurrency trader, you’ve likely noticed there’s a bit of a learning curve. Even if you have experience trading stocks, options, or futures, getting acclimated to the cryptocurrency space can take some time.
Fortunately, you’re not alone — there are a variety of helpful resources you can tap to become a better trader. With that in mind, let’s take a closer look at some of the most relevant crypto trading tools and industry news resources on the market.
All traders — whether in equities or cryptocurrencies — want any edge they can get in their quest for profits. Skillful use of arbitrage is a more advanced skill, but is one of the most tried and true techniques for making money in bull, bear and sideways markets.
To help you better understand how it works, let’s take a closer look at the concept of crypto arbitrage, and some possible strategies to pursue when applying it.
Choosing the best cryptocurrency exchange platform is no small task. There are now more than 100 from which to choose; many of them aren’t available to everyone and, they all vary considerably in terms of features and functionality.
To help you choose the exchange that best suits your needs, let’s review the basics of how exchanges operate, their fundamental differences and why choosing the right one is important to investing success.
If you’re a cryptocurrency trader looking for an edge (and what trader isn’t?), you may have heard about algorithmic trading. If you’re a relatively new trader, you may have dismissed the idea as being too complex.
Here’s the good news: You don’t need to be an advanced or even moderately experienced cryptocurrency trader to develop algorithmic trading strategies. Thanks to the introduction of powerful, yet simple to deploy bots, beginning traders have access to the advantages offered by an algorithmic approach.
To help you better understand how it all works, let’s take a closer look at the basics of trading with algorithms and the benefits it offers.
Cryptocurrency made headlines throughout 2017 for its volatility and the huge profits made by investors. Savvy traders bet that currencies like Bitcoin and Ethereum would continue to rise – and cashed in as brands like Cryptokitties introduced thousands of eager new investors into the marketplace. How can you get involved in cryptocurrency, and is trading the right approach for you?
Discovering what virtual currency is and how it works is essential if you are getting involved in cryptocurrency trading. Like any volatile investment, there are risks involved with cryptocurrency trading; education is vital before you begin trading.
Between the IRS lawsuit against Coinbase and the tax reform that took place in the last few days of 2017, things are shaping up for a complicated tax year. There has been a lot of confusion within the cryptocurrency community regarding how, when, and in what amount they will have to pay taxes this year.
Nothing replaces the wisdom and experience of a trained professional, especially when it comes to taxes. However, before setting up your first meeting, here are some helpful tax tips that can get you started off on the right foot.
Note: We will be doing a live Q&A with Mario Costanz from HappyTax on our YouTube live stream with our chief communications officer, Raynaldo Rivera, on April 14, 2018 @ 10AM PST. Please Join our Telegram if you want to participate in having your questions answered live.