Cryptocurrency guides & tips

How to buy the dips in cryptocurrency market – Complete guide

How to buy the dips in cryptocurrency market – Complete guide

Traders can approach the cryptocurrency market with many different strategies. One of the more common ones is „buying the dips“. This refers to the effort of buying a cryptocurrency for a low price rather than buying it when it’s high. While most traders are afraid to practice this, it is generally safer to trade the dips than just buying a coin with everyone else, when it’s trending. To master this technique, firstly we need to establish when it can be said that it is truly safe to “buy the dips”.How to determine the dip levelThe most complicated as well as important key factor in this strategy is determining the dip level. As ...

11 February, 2018

How to short any cryptocurrency without breaking a sweat

How to short any cryptocurrency without breaking a sweat

The rumour is that cryptocurrencies are by far one of the best investments of a decade. And it is actually not far from the truth. The bulls really took over in 2017 and at the beginning of 2018 causing a mass growth of most cryptocurrencies, the market as a whole rose by millions of dollars and is now seen as especially lucrative.The mainstream idea of buying cryptocurrencies crossed many minds, but what about investing in their downfall? Is such an idea sane? By now you probably know that the cryptocurrency market is well known for its instability and when cryptocurrency prices drop, they drop hard. In order to explain how to s...

29 January, 2018

How to day trade cryptocurrencies like a pro

How to day trade cryptocurrencies like a pro

Day trading cryptocurrencies greatly differs from typical long-term investing and one can not approach it the same way. Traders who focus on day trading can earn significantly more since their profits are locked in daily. That means gains are made on prior gains (in addition to the first investment). So theoretically speaking, a trading account can balloon tremendously. As a day trader, a big initial investment is not required from you in order to make a good profit. Whereas in the case of long-term investing, you need to put aside some serious money to make at least something from your investment. Many investors also like the id...

12 December, 2017

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