by TradingStrategyGuides | Last updated Nov 15, 2019 | All Strategies, Cryptocurrency Strategies, Most Popular | 13 comments
With last week’s price move we updated this article to make sure you take advantage of this price action.
Today’s article is all about a cryptocurrency trading strategy and day trading bitcoin.
You’ve probably been hearing so much about it.
There are tons of cryptocurrency trading strategies that promise to make you rich. Our team at Trading Strategy Guides understands that now everyone wants a piece of the pie. That is the reason why we have put together the best Bitcoin trading strategy PDF.
We also have a complete strategy article with a list of all of the best trading strategies we have created.
The truth is that bitcoin is the hottest trading market right now.
Day trading cryptocurrency has boomed in recent months.
High volatility and trading volume in cryptocurrencies suit day trading very well. Here we provide some tips for day trading crypto, including information on strategy, software and trading bots – as well as specific things new traders need to know, such as taxes or rules in certain markets.
We also list the top crypto brokers in 2019 and show how to compare brokers to find the best one for you.
Scared of missing out? Here is a quick plan to get you trading cryptocurrency quickly;
Congratulations, you are now a cryptocurrency trader! Remember, you can run through the purchase or sale of cryptocurrencies on a broker demo account. Unfortunately, you cannot practise on an exchange.
Trading crypto generally revolves around speculating on it’s price, rather than owning any of the actual coins.
Bitcoin day trading has seen a huge surge.
With plenty of volatility and price movements, it’s an ideal day trading market with huge trading volume per day. This page will outline bitcoin strategies and tips, plus highlight why a day trader looking for profit should delve into the BTC world. Use the broker list to compare the best bitcoin brokers 2019.
Bitcoin is part of the emerging cryptocurrency market.
Whilst cash is made of paper, bitcoins are basically clumps of data.
Scrapping the bank or governmental middle man that act as an intermediary for your money, cryptocurrencies enable the transfer of money directly between individuals, utilising secure blockchain technology.
The blockchain is a secure ledger of transactions. Digital coins can be mined by processing complex mathematical algorithms.
There has been a surge in the number of people day trading Ripple in recent years. But what precisely is it and how does it work, and even more importantly, how do you go about trading Ripple in 2019? This page will answer all those questions, whilst also covering its benefits and drawbacks, including top Ripple brokers, trading platforms, price, volume, analysis, and regional differences to be aware of.
Ripple is both the name of the digital currency (XRP), plus an open payment network where the currency can be transferred. It looks to facilitate quick and easy transactions across the world in a matter of seconds.
The end goal is to enable everyone to smash through the ‘walled gardens’ of financial networks, such as Western Union, who charge access and exchange fees, plus inhibit customers with significant processing delays.
So you’re thinking about leaving your job and becoming a full-time day trading cryptocurrency expert? Well before you do, I think you should read my guide first!
Day trading cryptocurrency isn’t for everyone and there is a lot to consider before you get started. In fact, it is estimated that almost 95% of all day traders eventually fail.
In my “Day Trading Cryptocurrency” guide, I am going to tell you everything you need to know.
Investing in cryptocurrency is unlike investing in any other asset.
It’s new, fresh and exciting.
With the right trading strategy you stand a much better change of generating a return on your investment.
Choose a reliable crypto exchange: A crypto exchange is where you will buy, sell and trade cryptocurrencies – Liquid offers all that and more.
Choose a currency: Or even better, currencies.
Anyone can make big profits from investing in cryptocurrency.
You just have to invest at the right time — like in December 2017, when no one could lose.
But investing at the right time requires luck. Only those who improve their cryptocurrency investment strategy every day, one mistake after another, consistently crush the masses.
Only the most skilled and disciplined investors are running away with big profits over time, while dreamers and noobs end up hodling useless coins.
This is why I have curated the ultimate cryptocurrency investment strategy: a list of common mistakes to avoid when investing in the crazy crypto world.
We’ll start with basic mistakes and progressively move to more advanced ones. So if you are an experienced investor, make sure to read until the end.
But don’t rush it.
This post will cover the basics of Bitcoin trading.
It will help you get familiar with basic terms, understand different ways to “read” the market and its trend, make a trading plan and to learn how to execute that plan on Bitcoin exchanges. Finally I will go over some common trading mistakes.
Bitcoin trading is the act of buying low and selling high. Unlike investing, which means holding Bitcoin for the long run, trading deals with trying to predict price movements by studying the industry as a whole and price graphs in particular. Successful trading requires a lot of time, money and effort before you can actually get good at it.
That’s Bitcoin trading in a nutshell. If you want a really detailed explanation keep on reading.
Get to grips with the basics of how to trade bitcoin with our step-by-step guide.
As the world’s first cryptocurrency, many see bitcoin as the most likely contender to mount a serious challenge to traditional (or ‘fiat’) currencies. Considering its price history, though, it looks like there’s going to be lot of volatility along the way.
There are two ways to deal bitcoin: buy the cryptocurrency itself in the hope of selling it on at a profit, or speculate on its value without ever owning the token.
The latter is how CFDs work.
A CFD enables you to trade a contract based on prices in the underlying market. It is a leveraged product, meaning you can put down a small initial deposit and still gain the exposure of a much larger position. This can magnify your profits, though it can have the same effect on your losses.