Category: Trading

Is Gift Card Trading Another Avenue For Scammers To Flourish In The Crypto Industry?

There is growing controversy surrounding gift cards trading in Nigeria. The influx of innovative platforms like cryptocurrency exchanges has enabled easier and more flexible ways for Nigerian residents to exchange gift cards for either Bitcoin, any other cryptocurrency or fiat. Many young Nigerians have adopted this model of trading as a source of significant income….

News

Simple Habits that Make all the Difference in the Life of a Cryptocurrency Trader

Cryptocurrency trading, or any other form of online trading demands a lot of skills, knowledge, commitment and discipline. Beyond the simple academic knowledge of being able to interpret chart patterns and market behaviour, there are some fundamental habits that a trader needs to develop in order to succeed in the art of trading. A lot…

Cryptocurrency

Things You Must Do To Succeed As A Cryptocurrency Trader

In order to trade in the electronic markets, be it Forex, Futures, Stocks or more recently Cryptocurrencies traders require a special kind of mindset. Knowing how to read and interpret the charts is not always enough, especially in a market like cryptocurrencies where things can change very quickly. Beyond the academics of trading and the…

Bitcoin

Why is Bitcoin Price Falling?

At a time when a lot of people expected Bitcoin to surge in price, the world’s leading cryptocurrency heads in the opposite direction. A market that offered so much potential towards the upside has practically turned bearish over the last few weeks. The question in the mouths of many users is “Why is Bitcoin price…

Bitcoin

Bitcoin Falls Below $8,000 As Bears Look to Push Price Even Lower

Bitcoin price has broken finally Broken the $8,000 support region, after struggling for several days. This move now puts the leading cryptocurrency in a bearish position as the year draws to an end. This breakout towards the lower price levels saw BTC fall to $7,880 before bouncing upwards towards the $7,940 region. At the time…

Bitcoin

Bears Have Been Proved Wrong, Bitcoin is Still Strong

The fiscal salvage of recent years has openly proved wide of the mark the doomsday economists. Several parties will more probably be just as off beam about cryptocurrency including Bitcoin (BTC). As per now, the economic projection seems amazingly positive, however, a few months ago, some economists forecasted differently. From the year 2014, the ‘Armageddon…

Bitcoin

BITFXT EXCHANGE GETS LISTED ON COINMARKETCAP

In a message broadcast to members of its community, Bitfxt Exchange has announced its listing on the popular cryptocurrency listing platform, CoinmarketCap (CMC). According to the Bitfxt team, this event marks the entry into a new phase of innovation and business building for the platform. Prior to the Bitfxt Exchange listing on CMC, the platform’s…

Exchanges

Bitcoin Price Continues Its Gradual Decline as the $8500 Support Cracks

Bitcoin (BTC) may reach a low of $7,900 as the bears break the price at $8,500. The coin may drop if the bears overrun the critical support at $8,400. Bitcoin Price Long-Term Prediction: Bearish On November 18, the market is making a gradual decline as the price moves up and drops further. In other words,…

Bitcoin

Bitcoin (BTC) Recovering But Is This Real Correction?

Bitcoin price is currently correcting higher above the $8,600 resistance area against the US Dollar. The price is still facing a strong resistance near the $8,700 and $8,780 levels. Morning’s major declining channel is preventing gains near $8,705 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could correct further,…

Bitcoin

Bitcoin (BTC) In Slow And Steady Decline, $8.2K Likely Target

Bitcoin price is currently declining below the $8,600 support area against the US Dollar. A new monthly low was formed near $8,457 and the price is currently correcting higher. There is a key declining channel forming with resistance near $8,710 on the hourly chart of the BTC/USD pair (data feed from Kraken). There is a…

Bitcoin