5 things every trader needs to know

Trading is a buzz, especially when trying to figure out strategies. It is tough to stay concentrated with all those traders sharing their own strategies that apparently work wonders. Not being distracted by all the buzz is the key to becoming a profitable trader. Many newcomers think that the more they know, the better. ItContinue reading “5 things every trader needs to know”

Five things I wish I knew before starting trading cryptocurrencies

This blog post is by no means my death note. I am still trading. Cryptocurrencies are very volatile, meaning that their value fluctuates at dramatic rates. These fluctuations can cause you to get kicked out of your trade very quickly and are a good reason why you must endure significant losses. Moreover, seeing your numbersContinue reading “Five things I wish I knew before starting trading cryptocurrencies”

3 reasons why Bitcoin is bull-running

Let us get the terminology straight first, what is a bull run?  A bull-run is an increase in the value of a cryptocurrency over a long period of time. And since the price is rising, direct demand is increasing too. The longer a bull run is, the more people enter the market and join theContinue reading “3 reasons why Bitcoin is bull-running”

The crypto-glossary everyone needs to have

The cryptocurrency vocabulary guide:Digital assets offer a fresh alternative to the traditional markets; however, it is more important than ever to do your due diligence and homework about the coins you want to invest in. To understand cryptocurrencies, it takes a lot of time and effort to find the relevant information that lets you knowContinue reading “The crypto-glossary everyone needs to have”

What is a risk assessment?

Risk assessment describes how hazards are identified and analyzed that may cause a negative outturn in the planned process. Potential negative impacts on individuals, assets, or a company are assessed and eliminated or avoided. Risk assessment while trading is looking for factors that keep you out of a trade. Hazards or unusual movements are quicklyContinue reading “What is a risk assessment?”

Trading and Investing

What is day trading/ swing trading? Yves Hofstetter1 day ago¬∑5 min read Day trading is the selling and buying financial tools and buying or selling them within the same day. Short-term action and lower timeframes are used to execute strategies based on indicators and trigger signals. Whereas swing trading is the buying and selling ofContinue reading “Trading and Investing”

Why using a Stop-Loss is crucial while trading?

The most common misjudgment of volatility always happens when people think using a Stop-Loss is not necessary. A Stoploss is a trigger that takes you out of a trade because the trade outcome is negative. This trigger will take out the value you decide and convert it into your standard currency. Using one effectively meansContinue reading “Why using a Stop-Loss is crucial while trading?”

How to start a business with cryptocurrencies

How to start a business? March 2020. The pandemic was raging through Europe and forced me to go into the home office. Due to the insane amount of extra time, I thought to myself: how to start an online business? The answer is, there are thousands of options. There are many ways to make moneyContinue reading “How to start a business with cryptocurrencies”