How to Use Santiment Tool to Develop a Trading Strategy

Cryptocurrency trading comes with a lot of uncertainties. Consequently, developers have developed tools to help crypto traders evaluate patterns in trading data. These analysis tools, such as Santiment, prevent traders from making investment decisions based on emotions. This article reviews the Santiment tool, one of the most excellent data analysis tools. The platform has been in use for years and has helped many traders understand crypto markets in depth. Additionally, with this tool, traders can apply the essential analysis concepts…

How History Chart of a Project Can Impact your Trading Strategy

History charts of cryptocurrency are available in different formats, including bar graphs, line graphs, and candlestick charts. The most popular is the candlestick chart in analyzing the market behavior of bitcoin and cryptocurrency. Most traders spend considerable time understanding how a market's history relates to its future. Whether a beginner or a novice in trading, an excellent technical analysis strategy is fundamental for successful trading. The analysis performed on historical charts helps determine future prices and possible price fluctuations of…

A Look into Algorithmic Trading Strategies – What You Need to Know

Algorithmic trading, also called automated, or black-box trading is an emerging trend that has seen a massive surge in recent years. A study shows that it now accounts for up to 80% of all forex trading. As the name implies, algorithmic trading involves the execution of orders using a defined set of instructions or algorithms on a computer program. The aim is to maximize speed and data processing beyond human capabilities, replacing the slower traditional human trading. Opportunities at faster…

The Top Crypto Exchanges with the Best Margin Trading Features

Margin Trading is one of the newer ways to make money in the cryptosphere. The concept involves borrowing extra funds by leveraging your crypto trading positions. Simply put, it’s trading with a loan. Brokers and individuals provide the loan based on laid terms and conditions. As a result, margin trading enables traders to trade even with limited funds. Sounds great, right? While the concept has been around for some time, it is only beginning to develop cryptocurrency trading roots. But,…

Looking to Profit From Crypto? Here are the Best Trading Styles to Use

Several styles of cryptocurrency trading can be distinguished through the time frames within which single trades take place. For instance, you can trade daily to collect smaller profits over time or use a long-term market movement to enter positions instead of holding. The specific trading style to select will depend on your personality, how you like to trade, your lifestyle, the time you can spend on trading, and your goals. That said, different trading styles have certain advantages over others.…

Fundamental Trading and Technical Trading: Which one is Better?

Regarding trading, fundamental and technical trading is the primary schools of thought before approaching any market. Although both methods are at opposite ends of the spectrum, they are still used to forecast and research future cryptocurrency prices. They also have their advocates and adversaries, just like any investment strategy. Let's have a more in-depth look at the two. Fundamental Trading Fundamental trading is a method that involves evaluating the economic well-being of a country and, by extension, the currency. It…