ETH Trade Recap: Capitalizing on Market Weakness

Significant weakness has entered the crypto markets in the last couple weeks. Bitcoin finally lost its $6K support area, and it has tumbled all the way down to the low 4000’s. It has brought down many alts like Ethereum with it. We shorted ETH to capitalize on the market weakness and now we are going … Read more

Why I Haven’t Been Trading Crypto Lately

crypto

The crypto markets never close. You can trade them at any minute of any day of the year. But does that mean you should?   The answer is absolutely not. Do not confuse an open market with an opportunity to make money. Lately, the crypto markets have been quite slow, giving us few opportunities with … Read more

5 Traits of Successful Crypto Traders

Successful crypto traders in 2019 are rare. Most crypto traders blew up in 2018 during the big market pullback. But in 2019 the bull market has returned. There is still a lot of money to be made in the markets, but you have to be skilled and disciplined. Here are 5 traits that all successful … Read more

Shorting ETH From $250 to $200: Cryptostreet Trade Recap

eth

Ethereum has been getting hammered all summer. For most of 2018, Ethereum would closely follow Bitcoin’s trend. In the past month or so, we have seen a big divergence, and major relative weakness come into Ethereum. In the past month, for every 1% BTC drops, ETH has been dropping 2 or 3 percent. After hitting … Read more

How To Trade Altcoins in A Slow Market: NEO Trade Recap

altcoins

Altcoins have really been taking a beating the past month. Many altcoins, including major altcoins like NEO and ETH, have been down as much 50% since August 1st. Many of them have been getting extremely oversold, so we have been looking to bounce them. The past few weeks have finally shown some signs that a … Read more

How To Make More Money By Trading Smaller Positions

more money

Most people believe that increasing your average position size will increase the amount of money you make trading cryptos. If you typically buy 500 coins when you trade BNB , wouldn’t increasing to 1000 coins automatically make you more money?   This might sound crazy, but you will probably not make more money by doubling … Read more

Understanding Relative Strength In the Crypto Markets

crypto markets

Relative strength is a crucial concept to understand in trading, no matter what market you are in. Relative strength is defined as a momentum trading technique that compares the performance of an asset to that of the overall market. It is especially important in the crypto markets, with Bitcoin tending to be the “leader” of … Read more

How To Be Productive In A Slow Crypto Market

crypto market

The 2018 crypto market has provided significantly fewer trading opportunities than the 2017 market. The market has rarely been in a period of an obvious trend to make decent percentage returns. We have basically been seeing a slow bleed out of the market for the past 6 months, with not too much volatility to play … Read more

Why Bitcoin Has Been Spiking Huge The Past 48 Hours

Bitcoin

Bitcoin has recently made a monster 20%+ move in less than 72 hours. There have been several positive catalysts in the past few days for the cryptocurrency markets. We have some great news around IBM’s stablecoin, a crypto ETF proposed by Blackrock, and Mastercard filed for a patent for a payment system linking blockchain currency. … Read more