The crypto market has been subject to high volatility which is one of the thrills that drive investors and traders alike. With high volatility comes substantial profit (and loss). Over the years, traders have tried and applied different strategies to increase their performance in the market. How can you make a cryptocurrency trading strategy? A…
Bitcoin and crypto have become very popular trading tools. However, we have witnessed a huge speculation boom and we expect the crypto market to change drastically over the coming years. Thus, be very careful when you are making strategies and/or backtesting. What works today might not work tomorrow! (Much more so that in the “established”…
Does RSI work on crypto or Bitcoin? Bitcoin and other cryptos are attracting many traders and new investors, and the crypto daily volume is rising significantly, probably draining resources from the more traditional stock trading arena. The crypto market is a completely new market that is quite different from the traditional equity markets. One reason…
Does market timing work on Bitcoin? Let’s play with some numbers and find out how removing certain observations influences the end result compared to buy and hold. We test by owning Bitcoin from January 2015 until the end of September 2021 – six and a half years of price data. Market timing is unlikely to…
Although it started as a joke, the crypto world gradually developed an obsession for Dogecoin, making it one of the most talked-about cryptos in 2020 and 2021. But what is Dogecoin? Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency that was created as a lighthearted alternative to traditional cryptocurrencies like Bitcoin. Considered a meme coin, it…