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…)Archives: Crypto
When PEPE Arrived on BitFlyer, It Was Already Hilarious
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[Cryptocurrency Trading] Win Rate Does Not Equate to Profits
In the world of trading, it is often assumed that a high win rate directly translates to securing profits. Particularly in volatile environments like the cryptocurrency market, many traders tend to focus on improving their win rate. However, in reality, a high win rate does not necessarily mean substantial profits. This article aims to explain the relationship between win rate and profits for cryptocurrency traders and provide insights to help construct more effective trading strategies.
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A Strategy to Buy Cryptocurrencies Below Market Price: A Guide for Crypto Users
Introduction
The cryptocurrency market, with its volatility (price fluctuations), offers numerous opportunities. However, leveraging this volatility to purchase cryptocurrencies below market prices is not an easy task. This article introduces specific strategies for cryptocurrency users to buy at prices lower than the market rate.
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[Cryptocurrency Trading] Treating Small and Large Accounts the Same
Introduction:
In the world of cryptocurrency trading, all traders have a chance to succeed regardless of their account size. This article explores the importance of treating small and large accounts the same and how to do so.
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“In Cryptocurrency Trading, Put Down the Machine Gun and Become a Sniper” — A Strategy for Trading Cryptocurrencies
The cryptocurrency market, with its volatility and unpredictability, provides an exciting yet challenging environment for many traders. This blog post focuses on the difference between the “machine gun” style and the “sniper” style in cryptocurrency trading, and explains how to develop a more effective trading strategy.
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A Must-Read for Crypto Traders! The Importance of Money Management and How to Do It
The cryptocurrency market attracts many traders with its high volatility and unknown potential. However, this market’s fluctuations also bring significant risks. The key to success lies in an effective trading strategy, but money management is essential for that. This article explains the importance of money management for cryptocurrency traders and practical methods.
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“The Market Doesn’t Care About Your Convenience” – A Maxim for Cryptocurrency Traders
Introduction
Hello, cryptocurrency traders. Today, I’d like to talk about a principle that is one of the most fundamental in the world of investing, yet often forgotten: “The market doesn’t care about your convenience.” Understanding and accepting this principle is an important step towards success in the cryptocurrency market.
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Coffee Shop Trader: A New Philosophy for Cryptocurrency Trading
Introduction
Hello, cryptocurrency traders. Today, I’d like to talk about a new approach to cryptocurrency trading. It’s called the “Coffee Shop Trader” style. This approach aims for comfortable trading in a relaxed environment.
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The Key to Successful Cryptocurrency Trading: Creating a Trading Plan Before Entry
Introduction:
Cryptocurrency trading is highly attractive due to its high volatility and uncertainty, but it also comes with risks. To succeed in this dynamic market, a systematic approach is necessary. Creating a trading plan before entering a trade is an essential step in managing risk and maximizing potential profits.
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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.
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