Posts

Showing posts with the label Cryptocurrency

CATCHING UP WITH A BULLISH CRYPTO TREND (PART 1 “introduction”)

Image
  N o trader trades to make loss, whereas few traders are aware of the different market trends, most enter the market blindly, while others enter in the middle of an already moving trend or at end of an exhausted trend ( a trend that is about to reverse to the opposite side). Trend identification is the first key step of making profit in any form of cryptocurrency trading, basically there are 3 types of market ; - Bullish Market (when the market is moving to the upside) - Bearish Market (when a market is moving to the downside) -Ranging Market (An indecisive market which can go either ways) NB ’ This article will be based on catching up with a bullish crypto Market (A market with the price movement to the upside). The question now is what is a Bullish trend? Most crypto traders see a bullish trend as a market with many green candles, but actually a market can be said to be in a bullish trend if the market has in the past 24hrs reversed more than 45% upward or if

LATEST BITCOIN ANALYSIS FOR THE REMAINING DAYS OF MARCH 2021/POTENTIAL BUY ENTREIS

Image
The flagship cryptocurrency “Bitcoin” has been seen to have broken it’s all time high more than 4x within the space of 3months. While most traders are skeptical about the next step Bitcoin will take, some tend to side with the bearish team, while others with the bullish team. This article has been carefully analyzed while putting into consideration some technical and fundamental analysis to show the possible play of Bitcoin in the remaining days of March 2021. PAST BITCOIN ANALYSIS In the first half of February of 2021, the price of Bitcoin spiked from $32799 to $58,000 thereby breaking its All-time high of $42,000 and setting a new At-time high at $58,000 , Most traders termed this “ The Elon Musk’s Effect “owing to the fact that that Elon Musk (Currently the world richest man) made an open purchase of $1.5B worth of Bitcoin. The second half of February started with a very strong bearish drift to the downside from the $58k All-time high down to $44,300 (more than

THE BEST PLATFORM FOR SPOT TRADING DASH

Image
There are many ways of trading cryptocurrencies, there include; spot trading (spot exchange), copy trading, contract trading (futures), P2P, etc. Bityard is a leading platform when it comes to cryptocurrency trading, they offer trading services to more than 40 cryptocurrency pairs, of which Dash is among (DASHUSDT) . Dash can be spot-traded just like any of the other tradable cryptocurrency pairs on Bityard; this article aims at explaining in plain words how to spot trade dash on Bityard . Whats cryptocurrency spot trading? Cryptocurrency Spot trading is an organised type of trading where traders can instantly buy or sell cryptocurrencies at a particular market price for immediate delivery (buy) or payment (sell). Although spot trading has been around for decades, only a few trusted cryptocurrency trading platform like Bityard offers this service. There are more than 40 spot-tradable cryptocurrency pairs on Bityard there include; DASHUSDT, BNBUSDT, BTCUSDT,TRXUSDT, ETHUS

HOW TO TRADE AAVEUSDT PAIR ON BITYARD

Image
     AAVE, a tradable token on Bityard has become one of the trending Decentralized finance (DeFi) lending protocol. AAVE in general is a Digital money-market where investors can deposit or borrow/lend from a comprehensive list of cryptocurrencies. This article contains all you need to know about AAVE coin and also how to trade AAVE on Bityard. Introduction to AAVE; AAVE also referred to as “ The Ghost-coin ”, is an open-source Ethereum based Decentralized-finance lending protocol, that allows users to send, lend, borrow and deposit cryptocurrencies, using either Stable or variable interest rates. The history of AAVE network can be dated as far back as 2017, following the launch of ETHLend by Stani kulechov (CEO) and Jordan Lazaro Gustave (COO), Both of whom retained their roles as CEO and COO respectively at AAVE network, following the closure of ETHLend back in January 2020. Users of the AAVE protocol can create their own Decentralized money market using the Eth