All crypto trading pairs from one account!

what is trading pair on cryptocurrency exchange man

It is all around. You also feel like jumping on the bandwagon of the mystic world of cryptocurrencies and get your USD, EUR or GBP converted into Bitcoin or Altcoins, which seem to have a better future or future return.

Civilized man refused to adapt himself to his environment. Instead, he adapted his environment to suit him. He built cities, roads, vehicles, machinery. And he put up power lines to run his labor-saving devices. The more he improved his surroundings to make life easier the more complicated he made it. Now, his children are sentenced to 10 to 15 years of school, just to learn how to survive in this complex and hazardous habitat they were born into.

And civilized man, who refused to adapt to his surroundings, now finds he has to adapt and re-adapt every hour of the day to his self-created environment. For instance, if the day is called Monday and the number comes up, you have to dis-adapt from your domestic surroundings and re-adapt yourself to an entirely different environment. And then, you have to look busy again. But in the the Crypto world, there are no clocks or calendars tell you to do this or that. Or Sunday. What if I told you there is a revolution building out there, much beyond Bitcoin?

A revolution happening right under our noses. Billions getting transferred from between latitudes without any government, or central body interference? No barriers. The VEN you bought in the morning?

All through an exchange in Hong Kong. And all of it is happening now. Right now, as we speak. A world where investments are decided and controlled solely by you , the rightful owner of that amount of money. Never before in history has the transfer of money happened on this level, at this scale that involves the average person. No complex, confusing terms courtesy of Wall Street anymore.

Half of the words they use are made up to make you believe only they can do what they do. All you need is a basic internet connection, a trading account at a crypto-exchange Binance is what I use , a small sum of money to start with, blogs and traders whom you could follow and take cues from, and PATIENCE.

I am ready now. I am ready to throwaway my job, trade for 4 hours a day, and go laughing to my bank to cash out. I get shilled some beautiful sounding coins, with celebrities backing them, promising me a life of work-free living if I somehow buy it. And oh, McAfee just posted about it on Twitter this morning. I am going to take out a mortgage, max out my credit card, and purchase all these coins. After all, these are the next bitcoins that will make me rich. So why am I reading this? Where is the secret potion that makes me millions overnight while I vacation in my private yacht anchored off the coast of Fiji Islands?

Those blogs you read and Videos you saw? They know as much about it as you do. Just like a scammy Indian Godman. You see, we are so lost in finding answers and attaching meaning to random outcomes, that we fail to understand the why. Causality states that worldly agencies, or phenomena through which one thing the cause under certain conditions gives rise to, causes something else the effect.

There are a different things that affect every increase in cent of a particular coin or token. Any one who tells you with conviction that X coin is going 2x in a month, is probably BSing, shilling, being overly optimistic, or driving the price up to dump it all when X reaches a favorable price.

A trader, at least the ones I know and speak with, would never state a particular price or be sure about where X would be in a few days. You spend a day trading Coin X you picked over the past week. Followed the trends, completed a careful fundamental analysis, and since the market is bullish, invested all your funds into it because, it is only going up right?

You pour yourself the finest scotch, snuggled into the Thai silk pyjamas, and kiss your wife goodnight. That last Ripple rally went really well. You see right there there can be various political motivations and anti-monopolistic sentiments and so forth. One that you forgot to set the stop-losses on. Hearing this news, the Chinese quickly offload what they can. Someone tweets about this development and the Koreans think the next country to ban crypto is theirs.

The FUD spreads. The Ozzies watch the price going south and begin to sell-off, followed by the Indians, the Arabs not that they need crypto to get rich , and in a few hours, this thing hits Europe. Reddit catches hold and the subreddits go crazy.

Hackernoon articles are written. Eight hours later, you wake up to a bloodbath. Your beloved portfolio is red everywhere. The news is awash with crypto obituaries.

Dejected, and to salvage any remaining profits you can to fund that Thailand trip you thought of in your head, you proceed to sell off your positions at a loss. Why did I even get into this in the first place?

The point is, such things happen, and no one can tell you where the price of X will be two days, two hours, two minutes later. No One. And hence, you should take such advice with a pinch of salt. With experience and usage of trading indicators, you learnt to predetermine when the market is going south, and get out of the market safeguarding both your profit and crypto-dignity. What happens is, that you learn to pick up the fishing rod, attach the bait, and fish for yourself.

That way, you definitely know if the fish you caught is high quality Bluefin Tuna, or a sardine. Like I said before. Each type of currency has several different underlying factors which affect the price of it. Such news can happen all the time. But instead of losing all of your investment, you set stop-loss, identify a hedge, and in the event of such a catastrophe, DO NOT end up selling your position.

The most powerful economies identify technology and how it helps them, and use it to their advantage to leapfrog in economic growth. Just like a self-fulfilling prophecy. You Sell. You bring the price down. For no other reason than FUD. Do you feel scared? Want to feel comforted?

YouTube and Tron is probably the answer. S tarting at the very basic, there are two coins that form the backbone of this market -.

Both of them provide different use-cases for the investors, and are essential platforms over which a Token can be built and sold to the public. Determining the use-case is very, very important for investors to understand before they put their money into anything. Bitcoin completely bypasses traditional banking institutions. It broadcasts transactions to the network the blockchain in a transparent way.

Ethereum introduced the world to something called as a smart contract. It focuses on running the programming code of any decentralized application.

What are smart contracts? A computer code which facilitates the exchange of money, data, cars, hookers, marijuana, property, planets. Just like a self operating machine, a smart contract running on the blockchain will operate when all conditions are met from the specific list the programmer decided to give it. And just like Etheruem, we have several other platforms coming up, all with their unique offerings over which a developer can program a decentralized App dApp , and hence grow the ecosystem.

Simple, by identifying and investing in a platform , that has a strong roadmap, a strong team, multiple dApps development lined up, and strong partnerships coming up, you get a chance to purchase it while the coin is still a few hundred, a hundred, a few dollars, or a even a few pennies cheap.

Always research and be on the lookout for valuable information that puts confidence in your investment. And that, is your first investment. The backbone of your trading portfolio. The backbone you believe in the most which creates the path you tread on. And just like our oceanic ecosystem, every specific cryptocurrency can have a million coins, or even a billion. All this has to be taken into account while investing, after all, the market for Tuna is bigger than sardine, and the market for Alaskan Pollock is bigger than both of Tuna and Sardine.

These coins, called altcoins, are typically what the second part of your investment should be. The part you use to swing trade , i. Any coin apart from Bitcoin or Ethereum, in the implied sense of the word. However, we look to include platform coins in our main holding, the ship , instead of using them to swing trade.

what is trading pair on cryptocurrency exchange man

How does liquidity effect pairings?

This article will help you to choose the most appropriate and effective cryptocurrency trading pair. If you want to increase revenue from trading with RevenueBot , you should choose an appropriate trading pair with high volatility. We have calculated indicators of the volatility RB indicators for every trading pair present on cryptocurrency exchanges. Indicator of the volatility RB indicator — is the number of cryptocurrency oscillations on 0. RSI indicator — is the most important indicator for determining trading pair risk. It reflects the trend power, ranges from 0 to

what is trading pair on cryptocurrency exchange man

Finding the most appropriate trading strategy

Right now, as we speak. Such bumps in the sound investment, that you believe is viable enough to grow in the future, should not deter you from holding. The part where wxchange catch hold of market sentiments of a particular coin, and trade using price-action for returns on the investment. Part of the reason for this cryptocrrency likely that they serve as a direct excange point to the cryptocurrency market. Bear in mind that obtaining the complete history for an exchange often is a tough task. At Nomics, we have developed a crypto market data platform, enabling market participants such as investors, analysts, and market makers to computationally access clean and normalized primary source trade and order book data. The straightforward answer to this question is that it varies depending on where you want to get your project listed. In fact, that is the main reason why we created the Transparency Rating. Http:// Money. YouTube and Tron is probably the answer.

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