How to predict the cryptocurrency rate based on capitalization
The most interesting investments are long-term investments in new cryptocurrencies; this is the way to increase your capital by a hundred or even a thousand times.
Everyone remembers the story of Bitcoin, when the first cryptocurrency rose in price from $0.03 to tens of thousands of US dollars in a few years.
It would seem that buy any inexpensive cryptocurrency now and in a few years its price will also rise to thousands of dollars.
But everyone has already become convinced that not every new coin follows the fate of Bitcoin; on the contrary, some cryptocurrencies drop in price to zero and are even delisted.
Therefore, you need to try a little to choose the right asset with the prospect of bringing thousands of percent profit in the coming years.
Earning money premarket for cryptocurrencies, why is it not a 100% guarantee of making a profit?
For some reason, it is generally accepted that almost all cryptocurrencies are greatly increasing in price, so it is advisable to be one of the first to buy a new coin.
But I already described how easy it is to lose money on a cryptocurrency listing in a previous article - https://time-forex.com/kriptovaluty/cryptocurrency-listing
Not all cryptocurrencies rise in price immediately after listing, and if they do, it is technically difficult to buy a crypto at the best price.
For this reason, such a way of earning money as buying cryptocurrency before its official release on the stock exchange, that is, on the Premarket, is becoming increasingly popular among investors.
What is cryptocurrency listing and how can you lose money on it?
When you start to become interested in the cryptocurrency market, at first you get the impression that only the laziest don’t make money on it.
Some engage in arbitrage on different exchanges, others play on the cryptocurrency rate, and still others make money from listings.
Listing a cryptocurrency is the process of adding an asset to a cryptocurrency exchange, where traders can buy and sell a coin for other cryptocurrencies or fiat money. That is, after the listing, it will be possible to easily buy or sell a new coin at the market price.
Before a cryptocurrency appears on the public market, its price is quite arbitrary and it is difficult to guess how much a new coin actually costs.
What is cryptocurrency farming and how much can you earn from it?
Passive income has always been one of the most discussed topics; any investor wants to get maximum profit from their investments with minimal risk.
Thanks to such an asset as cryptocurrencies, new options for passive income appear every day; one of these options can be called cryptocurrency farming.
I myself became interested in this topic, and I decided to check how much you can earn if you farm on the listing of a new cryptocurrency.
But first, let’s try to figure out what this new type of income is and whether it’s really worth doing.
Cryptocurrency farming is a relatively new, but rapidly gaining popularity way of making money in the field of digital assets.
What is halving and how does it affect the price of cryptocurrencies?
Halving is an event in the world of cryptocurrencies that reduces the number of new coins generated and issued as a reward to miners for mining a new block in the blockchain.
This event occurs at regular intervals and is a built-in deflation mechanism for many cryptocurrencies, including Bitcoin.
Halving directly affects the price of cryptocurrencies, since it reduces the rate of increase in the supply of coins, and this, with stable demand, can cause the price to rise.
If we talk about the most popular cryptocurrency Bitcoin, then Bitcoin halvings occurred every 210,000 blocks, that is, approximately once every four years.
Cryptocurrency hedging strategy, two options to remove exchange rate risks
One of the strategies for hedging currency pairs is a strategy based on the inverse correlation of these assets.
Inverse correlation means that the prices of two selected assets move in opposite directions, that is, one currency, at the same time, is in an upward trend , and the other is in a downward trend.
For example, such currency pairs as EURUSD and GBPUSD have an opposite correlation, which means that when the price of EURUSD rises, the value of the GBPUSD pair will fall. By making two transactions in the same direction, you can practically hedge your position.
Moreover, if you successfully select currency pairs, you will have the opportunity to earn money on a positive swap without fear of changes in the exchange rate.
What is a Bitcoin ETF and what are its advantages over regular Bitcoins?
Not so long ago, there were only two options for trading cryptocurrencies - on crypto exchanges and using CFD contracts , but a cryptocurrency ETF has appeared.
Bitcoin ETF is an innovative financial instrument that combines the benefits of traditional exchange-traded funds and the revolutionary technology of cryptocurrencies.
An ETF, or exchange traded fund, is a type of investment fund whose shares are traded on an exchange, like regular stocks.
Purchasing shares of this fund allows investors to participate in the price dynamics of Bitcoin without directly purchasing the cryptocurrency itself.
Cryptocurrency arbitrage: how to make money on price differences
Arbitrage is a money-making strategy that involves buying an asset in one market and simultaneously selling it in another market at a higher price.
The arbitrage scheme can be more complex, when profit is generated through several transactions, in the process one currency is first exchanged for another, and then for a third.
As a result, the participant in the transaction makes a profit due to the difference in prices on different exchanges, and not due to changes in the exchange rate over time.
Cryptocurrency arbitrage is a type of arbitrage that involves buying a cryptocurrency on one exchange and simultaneously selling it on another exchange at a higher price.
Volume indicator for cryptocurrency trading
Cryptocurrencies have long become a familiar stock exchange asset; they can be found in many trading platforms.
Despite the virtual nature of digital money, they lend themselves well to technical analysis, which allows you to use various technical analysis tools .
One of these tools is a volume indicator, which tracks changes in the volume of opened transactions for a selected asset.
Information about how volumes change allows you to decide how strong an existing trend is or confirm a breakout of a price level.
Listing of cryptocurrencies, is it worth investing in new assets?
Almost every day new digital assets are created in the world; the cost of creating your own cryptocurrency today is only a couple of tens of thousands of dollars.
But the newly created coin is, so to speak, money for internal use; the real value of such an asset is in doubt.
In order to determine how much a coin is actually worth and increase its popularity, a listing of the cryptocurrency is necessary.
Cryptocurrency listing is the listing of an asset on a digital exchange, after which this coin will begin to be bought and sold in accordance with market laws.
Cryptocurrency swap, and is it worth paying attention to?
When trading on the stock exchange, a certain commission called a swap is paid for transferring a transaction to the next day.
Swop - in simple terms, a swap is the difference between the interest rates on a deposit in one currency and a loan in another.
That is, it is understood that when making a transaction on the eur/usd currency pair, you borrow one currency at interest, and you own the other and for this you receive a reward in the form of interest on the deposit.
The amount of interest itself is set depending on the discount rates of national banks for a particular currency. More information about swap - https://time-forex.com/praktika/svop-fx
How to anonymously cash out cryptocurrency, the best options
Every day working with cryptocurrency is becoming easier and more profitable; today digital money can be exchanged for real money, withdrawn to a card or cashed out.
If you want to remain completely anonymous, then your best option is to convert your cryptocurrency to cash.
Unlike withdrawal to a card, you don’t need to indicate your data here, so no one will count your money and ask where you got it.
At the same time, the most popular options for exchanging cryptocurrency for cash are withdrawal through exchange offices or receiving cash from a crypto machine.
Possible problems with cryptocurrency wallets
When working with cryptocurrencies, you simply cannot do without an application such as a cryptocurrency wallet.
Using a wallet, you can transfer or receive cryptocurrency, exchange one asset for another, and sometimes withdraw money directly to a bank card.
Most often, users prefer to work with wallets installed on their phones; this allows them to be more mobile and gives them the opportunity to use their money at any time.
In the process of using wallets, users encounter a lot of problems that it is advisable to know about in advance. This makes it much easier to prevent losing money than to try to get it back for a long time.
Leverage size when trading cryptocurrencies
Initially, cryptocurrencies were perceived only as an object for investment or one of the options for making payments, but gradually the volume of speculative transactions began to increase.
And after such an asset as cryptocurrency pairs began to be traded on the Forex exchange, the opportunity to use leverage appeared.
This tool was first provided by brokerage companies that are engaged in bringing transactions to the crypto market.
Using leverage allows you to increase transaction volumes tenfold, thereby increasing the potential profit on transactions.
The most reliable currency-backed dollar stablecoins
Every day Bitcoin is increasingly gaining ground, especially in the area of payments where it is gradually being replaced by stablecoins.
Stablecoin is a cryptocurrency whose rate is pegged to one of the world currencies, the dollar, euro, Swiss franc, Japanese yen, etc.
It is understood that the cryptocurrency not only follows the exchange rate of the real currency, but it is also backed by the corresponding currency located in bank accounts.
Today, the most popular are dollar stablecoins; they have the highest capitalization and the majority of transactions take place with their participation.
Blockchain for stablecoins and other practical aspects of working with similar cryptocurrencies
It’s been almost a year since I started working with such a means of payment and a type of cryptocurrency as stablecoins.
Previously, there was simply no need for this option of electronic money, but gradually this need forced me to create a cryptocurrency wallet.
In the process of working with various cryptocurrencies, I gained some experience that I would like to share with those who are just starting to use stablecoins.
As it turned out, there are more than enough nuances in this issue and almost all of them emerge when you start making the first transfers.
What is 1 lot of cryptocurrency equal to, features of determining transaction volumes for cryptocurrency pairs on Forex
Those who have been trading Forex for several days have long been accustomed to the fact that 1 lot of a currency pair is equal to 100,000 units of the base currency.
But new assets are constantly appearing on the trading platform, for example, cryptocurrencies, and every day their list is becoming larger and larger.
Cryptocurrency pairs are traded in lots, just like other assets, but unlike standard currency pairs, 1 lot here has different values depending on the selected asset.
This point sometimes causes difficulties for novice traders, because opening a new deal is quite difficult if you don’t know how much money it will require.
Taxation of cryptocurrencies, what you need to know when using digital money
Gradually, digital currencies are taking up more and more of a place in our lives; some use cryptocurrencies exclusively for investment, while others use them for daily payments.
At the same time, not everyone realizes that profits received from using cryptocurrencies are taxed according to the same scheme as profits from exchange rate differences in transactions with conventional currencies.
Therefore, an unpleasant surprise may be a letter from the tax service offering to pay taxes and fines for not paying them on time.
It would seem, what kind of taxes could there be if you are not engaged in stock exchange speculation, but use this type of asset exclusively for your needs.
Investing in Tether Gold cryptocurrency as an alternative to physical gold
For thousands of years, investing in gold has been considered one of the most secure investment options.
This metal was a place to store savings in turbulent years, when money lost its value and purchasing power.
But time does not stand still and gradually physical gold replaced gold bank accounts, and with the spread of cryptocurrencies, cryptocurrencies tied to the precious metal also appeared.
Today, Tether Gold is a gold-backed cryptocurrency; the price of one coin corresponds to the price of one troy ounce.
Stablecoin storage options, profitable or convenient
Recently, stablecoins have gained enormous popularity; unlike other cryptocurrencies, their capitalization has practically not decreased.
Many of my friends, and I myself, use this type of digital money for payments and simply storing available funds.
This type of cryptocurrency is sometimes practically the only possible option for withdrawing money abroad without unnecessary formalities and in any volume.
However, the open question remains: where is the best place to store existing stablecoins? Today there are three options available – a crypto-wallet, a crypto-currency exchange, and an international broker’s deposit.
How to identify the most liquid cryptocurrencies and why this is needed
Despite the fact that the rate of cryptocurrencies has dropped significantly recently, interest in transactions in digital currency still remains quite high.
Some use cryptocurrencies in current calculations, while others consider the current decline to be the best option for investing in this category of assets.
At the same time, the main question facing each potential investor is “Which cryptocurrency should I invest in?”
In our case, one of the criteria for assessing the attractiveness of an investment asset is its liquidity; it is this indicator that affects the comfort of working with digital currency.
Cheap cryptocurrencies, bright prospects for earning money or wasted money
Many of us have more than once regretted that at one time we did not buy a couple of bitcoins at a price of 3 cents apiece and missed the opportunity to make good money.
But not everything is so bad, with the advent of new, cheap cryptocurrencies there is also a chance for record profits, who knows, perhaps one of the altcoins will repeat the fate of Bitcoin and rise in price several thousand times.
Surprisingly, this has already happened more than once; for example, the same Ethereum at one time cost less than 1 US dollar, but now its price is 4 thousand.
At the same time, there are also cryptocurrencies that have risen in price not long ago; the same Polygon, which cost $0.03 at the beginning of the year, has risen in price 75,000 times over the year and now its price is $2,270.
How to use leverage for cryptocurrencies and what it is like
Cryptocurrencies are currently the most volatile exchange asset on the forex market.
Due to the high speed of trend movement during the day, cryptocurrency rates can change by tens of percent and bring good profits to the trader.
But even such dynamics of exchange rate movement may not be enough for the set goals, then you should use leverage for cryptocurrencies.
That is, increase the volume of a future transaction using borrowed funds provided by the brokerage company, and therefore increase the amount of potential earnings.
What is and how to determine a cryptocurrency pump and dump (Pump and Dump)
The concept of pump and give has long been familiar to those involved in stock trading or investing.
Pump and dump are methods of influencing the price of market assets. Pump - pump up or play for an increase, Dump - dump or play for a decrease in the exchange rate.
At their core, these two methods are an attempt to artificially influence the price of securities, cryptocurrencies, futures or other assets.
That is, this influence can be assessed as a way of manipulating the market, as a result of which the exchange rate changes in the desired direction.
Trailing stop for cryptocurrencies, need for use and installation features
Gone are the days when trading cryptocurrencies was reduced to banal earnings on the growth of the exchange rate.
Most speculative traders have long appreciated the comfort of trading in the trading platform and transferred their transactions to a special trading program.
But newbies do not always use the full functionality provided by metatrader or other similar software.
But trading in cryptocurrency pairs is no different from trading in regular currencies, which allows you to use all the capabilities of the trading platform , including such an order as a trailing stop.
Trading volumes as an assistant when trading cryptocurrencies
One of the biggest things about trading cryptocurrencies is that even in this unusual market, standard market laws apply.
Here you can also apply strategies that are successfully used on currency pairs and conduct technical analysis using indicators.
There are many indicators that characterize the trend, one of the most striking of which is the total volume of transactions performed.
That is, for what amount are transactions concluded during a certain time period - an hour, a day, a week.
How to reduce risk when trading cryptocurrencies
Thanks to the popularization of the cryptocurrency market, trading this asset only vaguely resembles classic stock trading.
The main strategy of market participants here is based on the principle - buy when the price goes up and sell when the price goes down.
What kind of technical analysis or risk mitigation tactics are there? The process often resembles the purchase and sale of currency at a regular exchange office.
Many people saw what this behavior leads to during the last drop in the virtual money market, when many of the cryptocurrencies fell in price by almost half.
Indicators for cryptocurrencies, market analysis, trend determination
The cryptocurrency fever, which has caught a huge number of people, has once again proven that the market simply does not tolerate unprofessional and superficial traders.
The enormous excitement about record growth rates, which was spread by the media and on various channels of YouTubers and bloggers, attracted a huge number of ordinary people to the market.
Information was received from all sources that it was necessary to buy cryptocurrency.
The most interesting thing is that people could not even imagine that the crypto currency market could move in a direction other than up.
Indeed, almost everyone was able to make money on the wave of excitement, but no one talks about how many lost huge money after the market suddenly changed its course.
In fact, cryptocurrencies are practically no different from any other trading asset on the movement of which traders speculate.
Best Cryptocurrency Brokers 2024 with minimal commissions
Cryptocurrency trading is increasingly gaining popularity; making money on the rapid exchange rate is quite simple; the main thing is to choose the right trading method.
Currently, the fastest, most comfortable and, accordingly, profitable way is to trade in the trader’s terminal.
The advantages of this method are obvious, but we will talk about them at the end of this article.
Today we’ll talk about cryptocurrency brokers that allow you to trade using leverage.
In order to find a more suitable company, you should compare trading conditions and the list of tools available for work.
When to Buy Cryptocurrency, Best Time to Buy Bitcoin and Altcoins
Recently, the cryptocurrency market has been constantly growing, it would seem that it does not matter at all when to buy cryptocurrency, in any case you will win.
Often, investors actively begin to buy cryptocurrency at the peak of growth, after it has already reached another high.
But in fact, a spontaneous purchase at the wrong time may not only not bring profit, but even lead to significant losses.
Therefore, before making a transaction, it is recommended to first conduct a small market analysis and determine the most successful points for opening a transaction.
This is not at all difficult to do, since lately cryptocurrencies have been moving according to a certain pattern; you just need to analyze the movement chart of the selected asset.
Cryptocurrency scalping, strategy and best cryptocurrencies for scalping
The Scalping trading strategy involves making money on short-term transactions, the duration of which does not exceed several minutes.
The main conditions that determine the possibility of using this strategy are high liquidity, the presence of leverage and quick opening/closing of positions.
This is why cryptocurrency scalping is most effective when using a trading platform.
In this software, you can open and close transactions in one click, and do so with a specified volume; in addition, there are opportunities to automate the process.
The second advantage of using a trading platform is that you can use the leverage provided by the broker.
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