Trading (233)

As the fascination with blockchain technology and digital assets grows, so too does the threat of cyber attacks. Among these threats, phishing scams have become a considerable challenge for crypto natives.

Introduction In the fast-paced world of cryptocurrency trading, keeping up with ever-changing prices is vital for success. Newcomers can find themselves overwhelmed by cryptocurrencies, trading strategies, and the many tools available. However, technology has brought a solution: automated crypto trading.

Timing the market is no easy feat. However, it can be made more manageable with technical analysis and momentum indicators like the relative strength index (RSI). As one of the more popular trading indicators in a crypto trader's technical analysis arsenal, RSI lets any trader immediately determine if a coin or token is overbought or oversold at a glance. Curious about the RSI indicator and mastering its ins and outs? From learning about what RSI is to understanding how RSI works, let's dive into the world of RSI and uncover how this momentum indicator can help you make more informed crypto trading decisions.

Crypto trading has become a popular way for people to grow their funds, but it's not without its risks. Before you start trading, it's important to understand the potential risks and how to manage them.

Cryptocurrencies have become increasingly popular over the past decade. Crypto assets such as Bitcoin, Ethereum, and other altcoins, have gained widespread adoption and recognition. However, the crypto market is known for being highly volatile. With that being said, trading isn't the only ways you can earn income in the world of crypto. Now, market participants are able to earn passive income with relatively little effort.

Following the excitement of the 2024 arrival of spot Bitcoin ETFs , we're seeing increased speculation about what crypto-themed exchange-traded fund (ETF) will be next. Chief among these rumors is how a spot Ether (ETH) ETF might be next given its popularity among institutions and retail traders. The crypto space didn't need to wait long for an answer.

With both U.S. presidential candidates (especially Republican candidate Donald Trump) going out of their way to talk about future crypto policy and regulation, the intersection of politics and crypto is growing as political events increasingly influence the outlook and development of the crypto market. As such, the potential for major regulatory shifts or new narratives is high as each presidential candidate has their own unique take on where crypto is headed in the coming years. As regulators play a prominent role in determining digital asset law, knowledge of the top crypto market trends of 2024 and the next four years could be useful as the crypto industry continues to grow and evolve alongside policy implementations.

As a tool to shape the landscape of international trade and influence various markets, tariffs are often used to protect local industries or gain leverage in trade negotiations. For crypto traders, understanding tariffs and their economic impact is essential given how they're intertwined with broader economic trends. From increased inflation to currency fluctuations, these factors can directly impact the price of crypto given that they're influenced by macroeconomic conditions.

While the crypto industry offers groundbreaking opportunities for growth and innovation, it also attracts its share of fraudulent activities . Investment scams in crypto often come dressed as tantalizing opportunities, promising high returns with minimal risks. They can range from sophisticated Ponzi schemes to deceptive ICOs (initial coin offerings), luring investors into traps set by cunning fraudsters.

Romance scams have been around for some time, and now often use crypto as their means of defrauding victims. This is a form of confidence trick that involves a scammer faking romantic intentions with the victim. The aim is to create an emotionally intimate relationship to persuade the victim to hand over their money, digital assets, or personal information.

With its limited supply, protocol-regulated rate of issuance, and generally rising popularity and demand, Bitcoin has — over the decade or so of its existence — managed to outperform typical assets by a large margin. However, this long-term price appreciation hasn't happened without sharp drops and several bearish phases along the way.

A limit order instructs a broker to buy or sell an asset at a specific price. When you place a limit order, you essentially set a price limit for the transaction. The order will be executed if the asset’s price reaches or surpasses your limit price. However, the order will not be carried out if the market price exceeds your limit.

Cryptocurrency trading involves buying and selling digital assets like Bitcoin, Ethereum and other cryptocurrencies. Traders can use exchange platforms or brokers to take advantage of price fluctuations. Unlike traditional markets, cryptocurrency trading is decentralized and operates 24/7, allowing for global transactions anytime.

Since its 2009 launch, Bitcoin (BTC) has been one of the most disruptive financial innovations in recent history. With its decentralized structure and potential to offer a new alternative to traditional financial systems, it has drawn attention around the world.

Was there a bigger headline for the space in 2024 than the January 10 approval of Spot BTC ETFs? Many believe the decision from the U.S. Securities and Exchange Commission (SEC) marked a sizable leap forward for Bitcoin’s mainstream adoption. The funds help to bring more legitimacy to the asset while exposing an entirely new group of investors to crypto's premier asset.

For most crypto traders, there are few worse scenarios than having your wallet hacked, losing access to your wallet, or having your digital assets stolen. When it happens, many reach out to communities on X, Reddit, or Telegram, asking for support. Although this may seem like a wise first move, it does leave traders vulnerable to crypto recovery scams. Here, the scammer preys on those requesting help by falsely claiming that they can help recover the assets. However, the opposite is true, as the scammer lures victims in to steal funds before disappearing.

Does the stock market only go up during election years? This is a common question most traders will have, especially as we approach the 2024 U.S. elections. While there have been cases of significant market gains in election years, historical data shows a more nuanced picture, as factors like political uncertainty, policy shifts, and economic stimuli are thrown into consideration.

'Support' and 'resistance' refer to price levels on a crypto trading chart that indicate a potential reversal of a trend for an asset. An essential part of technical analysis , traders aim to estimate these price levels to help inform the positions they open. As such, support and resistance are fundamental concepts traders of all experience levels need to understand.

If you're a beginner in the world of cryptocurrency, the term 'spot trading' might be unfamiliar to you. However, it's a common form of trading in the crypto market that you should know about. For many, spot trading is the ideal entry point for getting started with crypto trading, being a relatively straightforward method.

Dollar cost averaging (DCA) is a trading method consisting of purchasing a fixed amount of an asset at consistent intervals over a sustained period of time, rather than buying all at once. In theory, applying DCA can reduce the overall impact of volatility on a portfolio and reduce the average cost per unit of the asset being traded. That's because, if executed properly, this method can help the trader buy regularly when prices dip — assuming the market sees both highs and lows. DCA isn't without its tradeoffs, however, and it's important to keep a balanced view on the tactic's pros and cons.

What's your strategy for crypto trading pairs? In the crypto space, trading pairs are fundamental. They allow traders to exchange one cryptocurrency for another, often pairing a dominant currency, like Bitcoin or Ethereum, with many others.

In the volatile world of crypto trading, sentiment tools can often be handy for both short-term and long-term traders who are navigating the uncertainty. While not fool-proof, these tools are often considered influential when making crypto trading decisions. They can offer an immediate sense of how the majority of traders are positioned. One trusted example of such a sentiment tool is the ETH/BTC ratio.

Today we're launching our own Crypto Rewind 2024, where people who use our apps as well as on-chain wallet users can view a customized report of their trading habits this year and see which of over 20 distinct trading personas fits them best.

The Bitcoin blockchain underwent a major event in April 2024: the Bitcoin halving. Expected to take place roughly every four years, this mechanism was written into Bitcoin's code during its inception and aims to slow down the creation of new bitcoins and eventually reach a finite supply of 21 million BTC. Similar to huge network upgrades like the Ethereum Merge and , the halving is a highly anticipated event that can significantly impact Bitcoin miners and traders.