We describe a few basic strategies for investing in Bitcoin and altcoins. The following are all reasonable strategies that can help you invest in the volatile cryptocurrency market.
We explain how the different order types work on Bittrex. This will include how to set limit orders and how to set stops using conditional orders.
We explain how to invest in cryptocurrency for beginners. The first thing you need to decide is if you want to invest directly in cryptocurrency or invest indirectly (for example through a stock).
Technical Analysis (TA) describes analyzing historic price and volume trends to predict the future price movements of assets.
Here are some tips for newcomers entering the altcoin market. That is, tips for beginners buying cryptocurrencies that aren’t Bitcoin.
It isn’t uncommon for a given crypto to see a price increase of 30% to 200% in a week. We go over some tactics for buying/selling in these times.
Most exchanges will offer different ways to look at the order book (open buy and sell orders). This information is vital for finding entry and exit points.
There have been very few ICOs in the history of cryptocurrency where buying into the ICO netted a better price than one could have got on the open market.
It is common for cryptocurrencies to fall victim to “pump and dumps” (even more common than with stocks) due to the speed at which orders process.
You can trade one crypto for another and do a “coin to coin” exchange. If you have discipline and make good trades, it can be better than trading crypto for USD.