7 misconceptions about Bitcoin
Bitcoin has had a great year in terms of performance and institutional adoption. Yet there are still a lot of common myths/misconceptions people have …
Tag: Essentials
The Bitcoin Halving – Previous Effects on Share Price
In May 2020 it is “halve-time”. The fee received by a miner for securing the blockchain network in the form of newly created bitcoins will…
Crypto Wallets
In principle, any application that includes functions for storing and handling crypto-currencies can be called a crypto wallet. An overview of the functions and types…
Crypto Exchanges
The trading in traditional assets such as currencies, shares or commodities began over a century ago, with the most important trading platform for U.S. shares, the New York…
Bitcoin: Money Supply, Inflation Rate and Current Distribution
Bitcoin is undoubtedly becoming more popular. While many people have heard of bitcoin, the percentage of the world’s population that owns bitcoin is still negligible. In the following…
Get rich or die trading – A quick dip into the world of Crypto Trading Bots
When, in the 80s computer-based trading appeared on Wall Street, the environment reaked of gold diggers. Profits that had been hardly conceivable until that time,…
Bitcoin – A Currency with Clear Rules
Central bank policy and monetary system Since the financial crisis, the global trend that the central banks are pursuing is evident. Currently, an expansive monetary policy is being propagated by central banks, …
Technical Analysis (Chartanalysis)
Technical analysis (TA) is an observation of the historical price movements of an asset.These observations are used to discuss possible future forecasts. Technical analysis is a frequently used instrument in trading with various assets. TA is particularly popular in trading with crypto-currencies, as the price is determined exclusively by supply and demand of the market participants. As different as the approaches to analyze a price trend may be, there are a few common denominators: Principles of Technical Analysis The only basis for decision-making is the price trend. This reflects the historical investor(s) behaviour. It reflects sentiment, rational and irrational decisions. Through the information acquired via TA, a forecast can be generated from historically recurring patterns. The current price is the equilibrium between supply and demand of all market participants; effectively it is a weighted factor that reflects all opinions and decisions. Thus, the TA deals exclusively with the price development. Fundamental data is not important. Because of this, TA of prices are not an exact science. Due to the mass of indicators, their formations and interrelationships, price charts can be interpreted in many ways. Even the selected time interval can provide different results on the possible future course of prices. Price movements are not purely coincidental. Trends arise. It is preferably traded with the trend (trend is your friend). The chances are better to earn money with the trend than against a prevailing trend. The trading volume confirms, confirms a trend. TA only works when trading activity is brisk, i.e. when price movements are meaningful. Technical analysis does not predict the future “Forecasts are based on probability, not on a result that can be expected with certainty. The aim is to identify trading opportunities with a low risk and potentially high return profile”.…
Trading Rules
The following rules can pave the way to a successful trading strategy: Define a strategy Your strategy should be based on the fundamentals that you have observed or learned…
Essential things to know about the Crypto World
What is crypto currency? Crypto-currencies are digital means of payment that are managed by a central office and are cryptographically encrypted. The first functioning crypto currency was…