After yesterdays hawkish FED, the crypto market continued to drop sharply below $43,000. The good thing about being a trader as opposed to a hodler is we can be versatile around what the market wants to do and make money whether it goes up or down. Bitcoin was stuck in a range of about $46k … Read more
Binance Coin has been without a doubt the hottest crypto of the year. It is almost at all-time highs while most cryptos, including Bitcoin, are 50% or more off their all-time high prices from late 2017. We are seeing huge relative strength in the name. It’s strong trend has presented some great trading opportunities for … Read more
XRP has had a monster shred in the past few days. It ran from $.27 to $.79 in just four days. News came about a few days ago that PNC bank had completed a trial phase of Ripple’s xCurrent, and now plans to fully integrate the proof-of-concept protocol throughout the entire banking system. One of … Read more
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
Despite the continuous downtrend of the cryptocurrency markets this year, there are still plenty of opportunities to make money to the long side. But they have to be quick trades, usually day trades or short-term swings. On the 19th, the altcoin QTUM was just added as a USDT pairing to Binance, which caused it to … Read more
The current market conditions in the cryptocurrency space are very unique. For the first time in over 15 months, there is no obvious trend in Bitcoin and most of the major altcoins. For all of 2017, we were in a bull market comparable only to the tech bubble in the 2000’s and few other select … Read more
Cryptocurrencies have went through a short-term downtrend and are starting to consolidate. It may continue, it may not, no one knows for sure. But we do know altcoin trading strategies that worked in 2017 do not work in 2018. This market environment requires a very different set of strategies in order to profit from them. … Read more
