If you have been monitoring the crypto markets in the last few weeks, you must have noticed the price increase in bitcoin and respectively in some altcoins. At the beginning of April, there was a surge in the bitcoin price which was a sign of revival after the lows seen in December at a little…
If you are interested in the cryptocurrency market or any other financial system and you want to take action, first you need to understand the concept of trading, as well as investing. When most people are first introduced to financial or cryptocurrency markets, it is through traditional investing. It is a more passive approach to…
October, 31 marks a 10-year anniversary since the release of Satoshi Nakamoto’s whitepaper, which can be considered the birthdate of Bitcoin. An unknown person or entity under the pseudonym Satoshi Nakamoto published the whitepaper called ‘Bitcoin: A Peer-to-Peer Electronic Cash System’ and in doing so, became one of the most influential identities of the past…
Investing and trading are often used interchangeably, but they are essentially two distinct concepts even though they both mean merely to “make money” from a financial market. They are both used to analyze securities and make decisions with the goal to turn a profit; however the timeline is different. The focus of investing is about…
There are different forms of technical analysis with various techniques – some use chart patterns, others employ indicators, and most of them use a combination of tools. Nonetheless, technical analysts use exclusively historical price and volume data in their observations. The central concept they believe in is that price movements are the product of supply…
Having a technical approach can be significant in forming your trading style. As there are various ways of analyzing market information through technical indicators and the variations and combinations of features are endless, understanding how to go through all that data and analyze it is vital for you as a trader. To put it simply,…
Cryptocurrency in broad terms is a digital or virtual asset or simply put – money, as they do not exist in a physical form and are designed to serve as a medium of exchange or store of value. It uses cryptography to secure and confirm transactions, besides to control and manage how many new units…
The price of Bitcoin has been on the rise for the past month or so and it reached its highest rate in two months which is now over 8,100 USD. Since the huge plummet from about 20, 000 USD to just 5,800 USD at the end of 2017, which was disturbing for cryptocurrency traders, it…