CryptoHero
Not all traders are the same. Everyone has their preferred way of trading. Have you identified yours? Trading style and trading strategy may sound interchangeable, but they’re actually distinctive from each other. Trading strategy refers to the methodology used to define the price points where you enter or exit trading […]
There are people getting into crypto trading in hopes of striking gold. Considering how rapid growing the crypto market is, some may even see it as a quick way to gain a significant amount of money. However, some also believe that the space is rife with scammers, and some even […]
When it comes to crypto investment, one should keep in mind that it is a rather different animal compared to traditional assets such as stocks and gold. All investments come with some degree of risks Bitcoin and stocks are no exception. Even the most experienced investors might not be able […]
What are Cryptocurrencies? If you’re new to the concept of cryptocurrency, you’re in the right place. So, first of all, cryptocurrency is a digital or virtual currency that works as a medium of exchange via decentralised networks. Perhaps, every now and then, you might have come across the term “blockchain”. […]
Dollar cost averaging (DCA) is a popular trading strategy that involves investing a fixed or increasing amount of money at regular intervals, regardless of the price of the asset. This is the usual definition for DCA. The goal of this strategy is to reduce the impact of volatility on the […]
Automated crypto trading is actually a very complex exercise. A typical automated trader will need the following skillset in order to create an automated trading strategy: • Programming-trained, preferably with an academic qualification in Computer Science or equivalent• Several years of trading experience• Good familiarity with technical indicators, trading patterns, […]
Relative Strength Index (RSI) is a popular technical indicator that measures the strength of a security’s price action. It is commonly used to identify overbought and oversold conditions. RSI values range from 0 to 100, with values above 70 usually indicating overbought conditions, and values below 30 indicating oversold conditions. […]
More often than not, our emotions get the better of us causing us to miss a good entry. Picture a scenario – your favourite cypto is free falling and everyone else is selling their positions. You hesitated and did not buy even though you always preached the belief of “buy […]
The Fed announced a decision regarding interest rates on March 22. Some predicted a 25 basis points while others opined a zero rate increase. In outlier cases, some said 50-75 bps remains on the cards. What do you think? Definitely, the last few weeks of banking crisis has unsettled confidence […]
Can AI Beat The Market? Artificial Intelligence (AI) has revolutionized various industries, and the crypto is no exception. With its ability to analyze vast amounts of data, recognize patterns, and make data-driven predictions, AI seems to have the potential to be effective in trading the crypto market. In this article, […]