The idea of coming up with ICOs as a way of crowdfunding for blockchain projects was brilliant. Borrowing heavily from the IPO models, it eased the way raising funds from all corners of the world for major projects. Investors from all over could now invest in their projects of choices without worrying about geographical limitations or extraneous verifications strenuous processes. As a form of crowdfunding, Icos elevated the financial industry to another level. However, it could be a curse in disguise. This is how……
The digital currency market is growing at a very fast and so is the number of new investors coming into the industry. With most of the new traders being newbies, how well are they informed about the market? Well, this is a question that’s difficult to answer. What’s even worrying is that people have reached a point loaning to invest in ICOs and other crypto assets. That’s according to the recent research.
So you want to burst out onto the cryptocurrency scene and snap up the next big thing? Well, that’s great since optimism crucial in this trade. But digital trading currency is not as simple as many would tend to think. There are a few things that you need to learn so as to trade like a pro. So what do you need to make profits on this platform?
The last time we mentioned about trading cryptocurrencies, we featured crypto trading bots as the basis of the articles. In fact, if you click here, you find that we used a whole section in the article discussing the importance of bots as an essential tool of trade in the cryptocurrency space. In fact, we recommended Cryptocurrency Automatic Trader bot or CAT Bot as one of the best products on the market. However, not every crypto trader is enjoying the benefits of trading bots. But why? Well, here are simple but costly mistakes limiting traders from exploiting the full potential of the crypto trading bot.
The terms Blockchain and cryptocurrency have become more or less very mainstream in the last 3-4 years. Today everyone has an idea of the what these terms mean. The crypto rush is mostly propelled by the bullish explosion we experience at the end of 2017. More and more people have developed a massive appetite for crypto assets. To capitalize on the surging number of new traders is the so-called ICOs. But what is an ICO in a nutshell?
When you think of Bitcoin mining, what goes through your head? Well, to most people, a Graphics Processing Unit (GPU) could be the first thing that comes to mind. As much as that may be true, we cannot ignore the fact that we have advanced tremendously in technology. Do you know that now you can now mine bitcoin while on the move? Surprised? Well, all you need is an iPhone X or 8! It is straightforward, and you can start making mining bitcoin coins any moment you have extra time.
It seems like the chaotic period is over and the cryptocurrency market is once again on an upward trend. Even with pessimists saying that bitcoin was just bubble, but it has proven many of them wrong with the current appreciation. Who would have thought Bitcoin would hit anything above $11,000 in February? Well, many people have predicted this, but most people listened to pessimists, they hold back in fear of losing. But for the loyal traders, it is time to reap big.
Bitcoin trading has never been easy as it is with Cryptocurrency Automatic Trader bot or CAT bot. The trading bot which is relatively new in the market has been growing tremendously. For those who have been using this bot, the results have been impressive. But how much can CAT bot earn you? Well, this is a question that has been asked many times, so I’m going to provide with a concrete and straight answer to it.
Afer the Bitcoin bullish explosion, millions of people are now joining the crypto trade bandwagon. But if you are one of the relatively new members, the question is what are you chasing? Well, I know many people would say, “but we are here to make money.” Well, that’s cool, and for real, what else would it be if not making money?
Well, Bitcoin prices have plummeted in the last two months or so. The turn of events could have discouraged those who entered the market while the currency was at its highest- above $10,000. But this does not mean it is all bad for the bitcoin. The good news is still very positive. In fact, prices seem to have stabilized for the last few weeks. The prices have also risen from trading $6,000 deep to above $8,000 as write this article. But what are the experts saying about 2018?