Tips and tricks


Trading is an expert activity which would help you to attain your financial goal within no time. We all wish to earn money and that too fast. But with the jobs in place and the other commitments and distractions, it is impossible to do so. This is the reason, venturing out from your regular role is important and you should use these options to get fast money. Trading is known as the fastest activity for earning money. There are many ways where you can trade and get money in staggering profit ratios. The traditional markets are one of the ways to gain from investment. But trading in forex and cryptocurrency is a different ball game altogether. Let us look at this angle in detail.
Cryptocurrency is a digital currency which has made the world think much about it. There are many people who have invested in it and become millionaires within no time. This is not an overnight activity and needs a lot of strategy and game plan to execute it well. Let us look at some of the tips and tricks to trade on cryptocurrency and forex options.

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publish2018-05-12 7:21 am

Bitcoin Regulations And Laws

Bitcoin had gained the attention of regulators soon after its inception. However, it gained the attention of authorities as a result of its fame among customers and vendors of the Dark Web. Check what are Regulations for trading bitcoin in your country.

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publish2018-05-05 10:51 am

Shapeshift Review – Cryptocurrency Exchange

ShapeShift is a cryptocurrency exchange based in Swiss that has been in activity since 2015.

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publish2018-04-29 2:16 pm

A Comprehensive Guide To Invest In Cryptocurrencies

Well, if you don’t know where to take a start then there is no need to worry as this guide will help you know how. We will talk about all the important points a beginner should have known when it comes to investing in cryptocurrencies.

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publish2018-04-14 11:32 am

Blockchain Review – What is? How it Work?

Blockchain technology is commonly linked with Bitcoin and other cryptocurrencies. However, that’s really on the tip of the iceberg. There are some people who think blockchain will possibly end up by transforming a number of important industries, politics and health care.

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publish2018-04-13 3:31 pm

How to Mine Ethereum – The Best Methods

Miners play an important role in the smooth working of Ethereum. Ethereum mining is basically a process of generating Ethers without requiring a central Issuer. The process of Ethereum mining is the creation of the Ethereum token by using high-end hardware/GPU and at a rate of 5 Ethers per mine Block.

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publish2018-04-12 8:01 pm

Bittrex review – Cryptocurrency Exchange

Bittrex is a Seattle, US-based cryptocurrency exchange platform which definitely finds its place in the top 3 cryptocurrency exchange list for trading volume and popularity. The platform was established in 2014 to initiate the process of trading in divergent crypto currencies easy and straightforward for beginners and advanced users. In less than 4 years after its inception, it has a massive customer backing with 24 hours trading volume of around $300 Million.

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publish2018-04-11 10:39 pm

How To Mine Bitcoin – Check The Best Methods

There are several methods of Bitcoin mining of which mainly Cloud Mining is popular; Personal Bitcoin mining has become rare nowadays. There are numerous amounts of companies that help you in this process; there are different ways that includes difficult calculations in the Bitcoin mining process. Before users actually learn how to mine Bitcoin they need to know that in this world of hardware prices fluctuations and Bitcoin difficulty rising exponentially.

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publish2018-04-07 12:21 pm

Robo Advisor Coin Review

Robo Advisors are a group of financial advisors which have very less human supervision. Robo Advisors give investment management or financial suggestions online. They do not require a human advisor and all the financial advice is available online with the help of software executed specific algorithms and other mathematical analysis. The algorithms used to get the financial information from their clients and use this to manage and optimize the assets of the clients.

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publish2018-04-06 3:10 pm

The best cryptocurrency cloud mining platforms for beginners

Cloud mining is a process of cryptocurrency extracting which utilizes remote data center and shared processing power to enable users to mine Bitcoins or other Cryptocurrencies without worrying about managing the hardware. The Bitcoin cloud mining has endowed an innovative and broad possibility for the Crypto enthusiast and Tech-savvy to mine Bitcoin without purchasing expensive products and learning high-end technology.

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publish2018-04-04 12:22 pm

Neo Wallet Review

Neo is one of the new blockchain technologies that is now making waves in the cryptocurrency world. Originating in China and previously known as Antshares, it is considered by numerous to be an overhaul or possibly a contender to the Ethereum blockchain

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Tips for Trading

Tips are something which are given by professionals. It holds a lot of value and can be used in the real financial environment where you can use it and be a winner. The basic information or tip for trading in cryptocurrency or forex is to use a trading exchange and not a broker for the same. A broker would charge you fees for everything that they do for you. In today’s digital world, trading through brokers is a waste of time and money. You can do so by paying a little attention and playing with the statistics. There are many platforms that act as brokers and offer trading platforms for regular investors. It is a self-sufficient platform and you need not work hard to learn about it.

No Broker at Advanced Level

The broker would use a user-friendly method to help you buy or sell cryptocurrency and send or receive them using the top-rated coins and currencies. These platforms also have a trading exchange which is broker free and needs no maneuvering. It works the way you want it to work and charges less fees. The main point of discussion in the tips should be the fees and other charges which such platforms levy. The lesser the charge the more is profit for the user.
If you are new to this kind of trading, then the best way would be to get your hands wet in the broker environment so that you are used to its functioning and then get into the main playground and use the exchange platform to the core.
Get your expectations set first so that there is no problem later. It is necessary for you to know what your exchange platform offers to you and what limitations it has. You would not wish to be stranded in the middle of your goal for some rules that you did not pay much attention to while signing up for it.

Tricks of the Trade

The trick of the trade is to know if you can hold for long term or short term. Both have its own pros and cons. If you hold the investment for short period then the market corrections need not be known much. However, you would have to share the profits in terms of the tax. This is not the case in long-term. This would be for about 12 months or over. This way you can save taxes but would need to sit and move as per market corrections.

Invest Right in Parts

Invest small portions in many pockets. This way you would benefit with the ups and downs of the market. Every correction would get you some profit from at least certain investments rather than a complete profit or a complete loss with just one cryptocurrency.

24/7 Trading

There are many opportunities to earn as the market never sleeps but you do. This term is true as the markets can be tapped globally. But the bots of trade can do it for you. If you trade in different markets, then ensure you use the limit orders, even out or stops to keep you safe from any huge loss. This way you can trade even when you are asleep.

Research Well

Research about the currency you wish to invest in. Do not invest when high and sell when low. It is the other way around when you trade. It is always a golden rule to buy high when the market bleeds. This is true even when your blood is on the market. So, wait for the catch and get as much profit as you can.

Prepare for the Worst

Always prepare yourself for the worst. Going all in at one go or over a due course of time is not the right move. When you know the markets are going gaga and the second minute it falls like a burnt rocket on the floor. Then is the time to turn the tables. But you have none to do so. Therefore, going all in is not the right move woven when the tip is as strong as it could ever be. Saving for the right time is always a good move and you should practice it.

Change Sides

Never challenge the players. There are ups and downs in every gamble. It is good to keep on changing sides as the winds change. But sticking to one side is not the ideal approach for any investor. You can save yourself when it is dark on your side of the game. But moving back to altcoins forever is not what is suggested to you. It is better to move back to market movers when the storm has settled down.

Play with Markets

Markets are volatile and they are meant to be. The enemies can become friends for a day and turn back to enemies the other day. So, make sure you have your research in place. You should keep your book of information updated regularly. The movements and changes in the projects make a lot of impact on the value of any cryptocurrency. This would help you to trade better and be safe from any losses in the future.

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The information contained in this website is for general information purposes only. This information is not an alternative to investment advice. Statrader.com is not licensed nor authorized to provide investment advice or investment services. Statrader.com does not promote, advice, or make any personal recommendation to clients to trade binary options, cryptocurrencies or forex. Before any client start trading or use any forex / binary options broker, cryptocurrency exchange or mining service, he must do his own investigation about legal license, registration and government authorization to ensure his suitability, and client must completely understand all the risks involve with any financial instrument, cryptocurrencies and/or trading or opportunities before he even considers start trading.

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