How to Plan an Exit When Trading Crypto
Entering a cryptocurrency trade at a good moment isn’t a simple task alone. But exiting a trade can be far more challenging. The absence of exit strategy may result in taking premature profits or in unwillingly becoming a hodler of an altcoin. In our today’s…
How to Use Support & Resistance Trading Strategy
Support and resistance are the key terms in technical analysis and invaluable tools in every crypto trader’s toolbox. They reflect asset’s supply and demand and overall cryptocurrency market psychology. Our today’s article explains support and resistance levels and how to trade using these tools. What…
How to Choose an Exchange When Trading Crypto
For a prospective crypto trader choosing the exchange to trade on is always a step into the void with a giant leap of faith. And although decentralized exchanges (DEXes) are closer to the main idea of cryptocurrency — elimination of a single point of failure,…
How to Read Charts in Crypto Trading?
Success of any trading (crypto or not) heavily depends on the analysis you do. It is a cornerstone of getting results consistently rather than on a luck basis. The key tools traders use in the analysis are of course different charts and graphs that for…
How to Measure Results When Trading Crypto
It seems the hardest part when trading crypto is finding the right strategy in volatile and unpredictable market. But how do you know if your strategy is successful? To answer this question, it’s important to decide how you will measure your results. First, you need…
How to Spot an Entry Point When Trading Crypto
Loads of trading strategies have emerged over the past decades but they always revolve around the simple idea buy low sell high. But how to spot the best moment to open a position? That’s the main theme of our today’s article. Crypto market is way…