With the progress of any market, there come a lot of solutions presented as special software. Today we will talk about automated trading software and how to use it to take profit considering risk management. An auto-trading system, or algorithmic trading software, allows traders to establish specific rules to take profit and stop losing. Once
Cryptocurrency rates are unstable. If you choose gold or any other precious metal as an asset, then you should not be afraid of a collapse in its value. Over many years, the price will slowly but surely rise or standstill. Such an investment, although the safest, is not the most profitable. You will not have
A crypto trading bot is a computer program that contains an algorithm of actions carried out in response to a certain situation on the market. Trading bots were created to free the cryptocurrency trader from repetitive, boring, and tedious work. There are trading and arbitrage bots. With the help of trading programs, traders trade on
When choosing a trading strategy in the cryptocurrency market, a trader should proceed from his trading experience, personal qualities, the size of the deposit, and the availability of free time for trading. The more strategies a trader knows, the richer his experience and the more profitable situations he can see in the market. Swing trading
of 24/7 monitoring prices of coins. There are different trading bot strategies, but today we are going to talk about scalping. What is scalping? Scalping style differs from others by making a large number of trades very quickly, which can be a solution for newbies to multiply their deposit by several times while reducing risk
As you know, cryptocurrency is a great way to invest money now, you can even make a profit after just a couple of days. However, what if we tell you that you can earn money on Bitcoin even when its price is falling? As you know, cryptocurrency trading activity provides two ways to trade: spot
Let us just start by saying that the crypto market is an independent area with tax-free virtual tokens, where anarchy reigns. It means, simply put, that the crypto market is not regulated by any law, which allows it to make its own rules in the game. By the way, understanding the factors under which a
Is crypto trading profitable? Of course, but under the condition of cyber hygiene. What does it mean? Crypto trading caused quite a stir between investors, and scammers also want to make easy money. You should always be prepared, aware, and updated to counteract such unlawful acts by following particular instructions, about which we will talk
As you know, the crypto market is an independent area with tax-free digital coins. Despite the uncontrollable cryptocurrency world, where anarchy reigns, you can surely invest and start your trading activity armed with a risk management strategy. It is one of the essential points of cryptocurrency trading that can be necessary for beginners even at
Cryptocurrency still belongs to the category of new and unexplored ways to make money. Therefore, the more investors learn about cryptocurrency, the more popular trading on cryptocurrency exchanges becomes. Most people have an idea of what a cryptocurrency is. But how do you become a cryptocurrency trader? The difficulty lies in finding out when the