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Author: Genx
Inflationary vs. Deflationary Cryptocurrencies
In the world of cryptocurrencies, there are two main types: inflationary and deflationary. Understanding the differences between them is crucial for cryptocurrency investors. This article will explain inflationary and deflationary cryptocurrencies in detail.
(more…)What is Bitcoin Dominance and how it affects Altcoins
Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that is held by Bitcoin. This metric indicates how dominant Bitcoin is in the cryptocurrency market. The higher the Bitcoin dominance, the more Bitcoin is dominating the market.
(more…)“Keep It Simple”: A Stress-Free Strategy for Cryptocurrency Traders
The cryptocurrency market is known for its high volatility and unpredictability. In this environment, traders often find themselves caught up in complex strategies and exhausting market analysis. However, the philosophy of “keeping it simple” may be the key to success in this stressful world.
(more…)[Cryptocurrency Trading] Reducing Trade Frequency Can Lead to Better Results
Introduction
In the world of cryptocurrency, there is often a myth that “the more you trade, the better.” However, the truth is slightly different. In fact, by reducing the number of trades, you can potentially build a more effective trading strategy and ultimately maximize your profits. This article will explain in detail the benefits of reducing trade frequency and the strategies to achieve it.
(more…)Cryptocurrency Trading Strategy: Avoiding Day Trading and Utilizing Daily Charts
Introduction
The world of cryptocurrencies is known for its volatility and endless possibilities. Many traders are drawn to this dynamic market, attempting to make quick profits through day trading. However, day trading is high-risk, and even experienced traders can be overwhelmed by the intense market fluctuations. In this article, we will focus on a more stable approach: utilizing daily charts for a trading strategy.
(more…)The Mindset of “Being Prepared to Lose on Every Trade” in Cryptocurrency Trading
Introduction
The cryptocurrency market is known for its instability and intense price fluctuations. To achieve success, not only strategy but also mindset is crucial. This article focuses on the essential mindset for cryptocurrency traders: the idea of “being prepared to lose on every trade.”
(more…)Understanding Inefficiencies in the Cryptocurrency Market: The Path to Becoming a Savvy Trader
Introduction
The cryptocurrency market has become an attractive trading venue for many traders due to its rapid growth and volatility. However, this market is often described as “inefficient.” In this article, we will delve into what market inefficiency means and how it affects cryptocurrency traders.
(more…)The Importance of Slowly Growing Your Funds in Cryptocurrency Trading
Introduction
Cryptocurrency trading has captivated many traders with its high volatility and unknown potential. However, to succeed, it is essential not only to read the market but also to understand and execute the importance of growing your trading funds over time.
(more…)Understanding Volatility and Liquidity to Enhance Your Crypto Trading
Introduction
The cryptocurrency market is known for its dynamism and abundant opportunities. However, to succeed, it’s crucial to understand the fundamental aspects of the market, namely volatility (the intensity of price fluctuations) and liquidity (the ease of trading in the market), and learn how to incorporate these into your trading strategy.
(more…)Understanding Cryptocurrency Pair Notation
One of the first questions that arises when starting to trade cryptocurrencies is about the “notation of currency pairs”. This article explains the basics of cryptocurrency pair notation and the meaning of each component.
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