Category: Cryptocurrency
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What Bitcoin Traders Should Know About FA & TA
Initial reaction to daily volatility of #Bitcoin prices seems unfathomable. Let us take at a closer look through the eyes of doing Fundamental Analysis (FA) and Technical Analysis (TA) of Bitcoin. Fundamental analysis is the evaluation of economic, financial and other key variables, known as fundamentals, to determine a security’s true value. Bitcoin has managed…
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5 Tips To Trade Bitcoin or Volatile Cryptocurrency
QUOTE OF THE WEEK “Of course it’s a bubble. Hopefully it’s one in a series of increasingly larger bubbles.” – Joe Lubin, co-founder of ethereum, at an event hosted by Quartz and Retro Report In currency trading, the methodology adopted by a trader will determine whether he is classified as a Day Trader or a…
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Causes of Bitcoin Volatility
Why is Bitcoin so volatile? Before we jump into discussing about its causes, let us look into the fundamental existence of Bitcoin. Bitcoin is constantly bought and sold by traders and cryptocurrency users. Bitcoin also has all the properties of money. Bitcoin is recognizable and accepted as a means of payment in some countries…