Cryptology News Channel

2021-06-05 21:56:21 A short guide: day trading

If you are a novice trader, perhaps you did not even think about the best time to make deals, and most likely you unknowingly traded during the day. Today we will look at the process of day trading.

Day trading is one of the most popular and widespread methods in the cryptocurrency space. Experienced traders prefer day trading as it is a conducive environment for profitable trades.
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Day trading is speculating on the price of a cryptocurrency in order to profit from short-term movement.
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The main feature of this trade is that all transactions must be opened and closed within one day. In simple terms, traders who trade during the day will not keep their positions open at night.
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The principle of day trading is that a trader must know all the intricacies of the market and the crypto assets that he trades. Since its main task is to profitably purchase an asset, the price of which may change over the next hours.
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Benefits of day trading
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— Independence. Most traders play on their own and are not accountable to anyone.
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— There is no need to make long-term forecasts.
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— Simplicity. Most people think day trading is easier, even at first glance.
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The ability to make money quickly and effortlessly is what attracts most traders to day trading. Open / Comment

2021-06-01 13:45:12 ATTENTION

There will be maintenance on the Cryptology platform today at 3.00 p.m. GMT.

The platform will be unavailable for 15 minutes due to internal improvements. Open / Comment

2021-05-30 22:12:55 Cryptology Futures Contracts
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$BTC: $36130
$ETH: $2454
$EOS: $6,19
$MKR: $3410
$SNX: $12,31
$TRX: $0.07
$XLM: $0.38
$YFI: $43330
$BCH: $671,87
$LTC: $174,99
$ZEC: $157,77
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#Cryptology_rates Open / Comment

2021-05-29 20:26:40 How to make money in DeFi?
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DeFi is decentralized finance, a subtype of cryptocurrency that seeks to compete with the traditional financial system.
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This system implies the solution of such problems as: a large number of intermediaries, lengthy operations, personal identification. In this system, you can do everything that cannot be done in real life. For example, borrow on a day off and at the same time not looking for rare certificates and do not fill out a bunch of documents about your income.
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How to get income in DeFi?
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There are three main methods, we recommend you not to choose just one, but try all three.
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1. Trading DeFi Assets
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You can buy at a lower price, and sell at a higher price - this is the most standard and simple way. You have the option to trade on decentralized exchanges like Uniswap and SushiSwap.
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2. Farming
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This is another way of investing, when the user puts his funds into the protocol and receives a reward for this in the form of project tokens.
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3. Landing page
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Landing is possible on decentralized lending platforms, where borrowers and depositors interact with each other. Both parties use dApps, smart contracts and other protocols to ensure security. Open / Comment

2021-05-26 21:56:46 What is a cryptocurrency credit card?

As cryptocurrency reaches a new level and will be able to compete with fiat currencies, such financial systems like Visa and Mastercard have created a cryptocurrency credit card.

What functions it performs and how it differs from a regular card, read in our new article:
https://cryptology-exch.medium.com/what-is-a-crypto-credit-card-c692bc1624c7 Open / Comment

2021-05-24 11:37:11 Motivation and goal setting for traders
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What are traders guided by when making certain decisions, why they choose certain strategies, and what motivation drives them - let's analyze in this post.
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Typically, traders use intrinsic motivation. Intrinsic motivation is divided into two sub-points: positive and negative.
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The positive side indicates that the trader always wants to get maximum income from the transaction at the lowest cost. And negative motivation prompts to step over his fears and take risks, which sometimes leads to double profits.
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However, a strong desire to get as much as possible can have negative consequences, so you need to try to maintain a balance.
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There are several rules for setting goals in trading:
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Set achievable goals. You must realistically assess your strengths and tune yourself in order to exclude despair and disappointment.
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Make a plan and stick to it. Try to trade in the market not only for excitement, but for business development.
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Do not set yourself rigid boundaries. This is not the case when you have to follow the rule: "I will achieve my goal whatever it takes." Here you need to be able to stop in time, change your approach and try again after a while.
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Find yourself an experienced mentor. It would be great to have an experienced mentor who can analyze your actions and give a que at the right time.
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Remember that mental attitude greatly influences your action in the market. Therefore, right motivation and realistic goals can lead you to success. Open / Comment

2021-05-23 10:36:03 Cryptology Futures Contracts
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$BTC: $36357
$ETH: $2197
$EOS: $4,94
$MKR: $2610
$SNX: $15,01
$TRX: $0.07
$XLM: $0.38
$YFI: $36341
$BCH: $619,32
$LTC: $164,98
$ZEC: $136,86
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#Cryptology_rates Open / Comment

2021-05-18 19:05:20 What is High Frequency Crypto Trading?

If you were interested in different cryptocurrency trading strategies, then you have probably heard about high-frequency trading.
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In this article, we will tell you what HFT is, how it works, and who should or shouldn't choose this method.
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Read on more: https://cryptology-exch.medium.com/what-is-high-frequency-crypto-trading-86603bd5d1ff Open / Comment

2021-05-16 16:23:19 Cryptology Futures Contracts
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$BTC: $49080
$ETH: $3789
$EOS: $10,80
$MKR: $4808
$SNX: $20,23
$TRX: $0.13
$XLM: $0.76
$YFI: $68925
$BCH: $1251
$LTC: $316,22
$ZEC: $283,47
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#Cryptology_rates Open / Comment

2021-05-15 10:28:03 Top 5 Best Investing Books for Beginners
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If you decide to invest, you can start by reading these books. In this collection, beginners will definitely be able to highlight several useful books for themselves.
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1. The Little Book of Common Sense Investing, John Bogle
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John Bogle founded one of the largest investment funds in the world, so there is a lot to learn from this investor. This book will help you choose the type of activity: to actively invest or switch to passive income.
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2. The Empowered Investor: Manage Your Investments the Way the Professionals Do, Mark Harrison
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This book provides excellent basic knowledge of investment. Here you can learn about the ways of investing and figure out who is who in this market. You will also learn about the principles of the entire system.
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3. The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money, Carl Richards
Since the book was published in 2019, it contains all the relevant information for investment training. It describes how the emotional component directly affects our actions on the stock exchange. The author shares how to play on the stock exchange by yourself, not succumb to the herd instinct.
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4. Investments. Textbook, William F. Sharp, Gordon J. Alexander, Jeffrey W. Bailey
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This is the perfect book about investing and finance, which tells you about all the stages of investment as simply as possible. Here you can learn about targets, instruments, types of markets and various assets.
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This is the perfect book about investing and finance, which tells you about all the stages of investment as simply as possible. Here you can learn about targets, instruments, types of markets and various assets.
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5. Ten Rules for Financial Success, Burton Malkiel
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The book is a real step-by-step guide to investing. The author presents instructions in the most accessible language, so that any beginner will understand how to become a professional investor. Open / Comment