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Showing posts from March, 2023

Bittrex Trading Bot – New-age Trading Tool to Automate the Entire Trading Process Online

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When it comes to trading cryptocurrencies via crypto trading bots, one of the most important decisions that traders have to consider is choosing the right exchange. Make sure to choose the right crypto trading platform, and you would be able to benefit from the trading mechanism or strategies. But if you select the wrong trading platform, you may see all your hard-earned money going down the drain. That’s why, it is important for the crypto traders to choose a reliable and credible crypto trading exchange with automated tools. Thanks to the portals like Bittrex! As one of the best crypto trading exchanges, Bittrex is a credible crypto trading exchange with easy-to-use mechanism and the best trading tools. According to a recent news report, more than 10 crore Indians own cryptos, and you know this number may go even higher in 2023–24.  And, to earn good profits, crypto trading enthusiasts are coming up with the latest trading strategies to make the trades safer. Trading with margi...

Why Should one trade Futures via Binance Futures trading

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There are different methods to trade cryptocurrencies and each of these methods works in different ways. These methods may not be suitable for everyone as different traders trade different cryptocurrencies and have different trading strategies. With certain crypto assets becoming highly popular and suitable for traders to achieve increased ROI. One such approach that is gaining huge popularity among traders is futures trading. This kind of trading method provides better opportunities to the traders as compared to spot trading and options trading. Now the question is: What the heck is Futures Trading? Futures Trading refers to the method of speculating on the price of crypto assets without actually owning them. This method enables traders to bet on the crypto asset’s future price. Needless to say, Binance Futures are the most popular type of crypto futures contracts these days. Futures are the type of crypto derivatives product that allows traders to hedge against volatile markets a...

Manage your crypto trades using Take Profit order

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Trading cryptocurrencies involves some kind of risk, making it important for traders to use different kind of tools to control risks while securing profits. People invest in cryptocurrencies for several reasons, and want to earn profits from their investments. Since crypto trading market is highly-volatile, determining how to buy and sell cryptos for a profit could be challenging for the traders. Before investing in cryptocurrencies, it’s better for a trader to review how to take profits out from this. Take profit strategy helps traders to learn when to sell the crypto to maximize gains. Selling your crypto assets to lock in profits seems really easy to understand theoretically but tougher to practice in reality. Learning when to take profits out is important! Why? Let’s understand this with an example: Suppose you buy a coin, and it goes up and up, hitting your target price. You are happy now, but not decided to sell it- while thinking, why you should stop at this profit when it loo...