If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a meme-inspired trend.In the long run, however, most of these “fortuitous” traders tend to lose.Why? Because they have to pick big-time winners to cover all the times they miss their targets.For … [Read more...] about Consistent average returns over 5%
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Bitcoin 200 Day Moving Average Explained
There is a large number of trading indicators that could be used by traders around the world. The Bitcoin 200 day moving average is one of the most popular ones and it could help traders improve their trading activities. In this guide, we are going to tell you what the Bitcoin 200 day moving average (SMA) is, how it works and why it could be very important for traders in the … [Read more...] about Bitcoin 200 Day Moving Average Explained
Altcoins soar after Bitcoin price bounces off a key moving average
The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level. While most altcoins were slow to warm up on Thursday, several altcoins … [Read more...] about Altcoins soar after Bitcoin price bounces off a key moving average
CryptoPunk NFT mania drives average punk price up to $135,000
Just when you thought digital art was done and dusted, CryptoPunk NFTs make a resurgence in popularity. That is, at least among Ethereum whales who are willing to stump up the hefty asking prices.Recent times have seen a flurry of CryptoPunk buying activity. Including internet personality Gary Vaynerchuk shelling out 1,600 Ethereum ($3.7 million) to acquire #2140, described as … [Read more...] about CryptoPunk NFT mania drives average punk price up to $135,000
Simple Moving Average (SMA) vs Exponential Moving Average (EMA)
When considering the technical analysis tools to use in their charts, traders will frequently come by simple moving averages, or SMAs, and exponential moving averages, or EMAs. Both of these instruments can help market practitioners make sense of price and inform their entry and exit decisions. But how do these two indicators stack up against each other? In this piece, we’ll … [Read more...] about Simple Moving Average (SMA) vs Exponential Moving Average (EMA)