Crypto Trading Signal Services: What They Are and How to Use Them

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October 17, 2019 by
Crypto Trading Signal Services: What They Are and How to Use Them

Do you have enough time to trade? You may know enough about trading bitcoin and altcoins to see the profit potential. However, the most valuable commodity isn’t a hot altcoin; it’s time. Even though clicking a buy or sell button takes seconds, the research and analysis can take hours. Even if you use a resource like Bitcoin Market Journal to get a deep knowledge of the crypto-verse, knowing when to pull the trigger on a trade can be tough.

Enter trading signal services. The process is simple. You get the signal, and you make the trade. The prep work and research have already been done for you. What goes into the research behind crypto trading signals? Can the signals be trusted? A basic understanding of how they work will help you decide if they are right for you.

What Are Crypto Trading Signal Services?

Crypto trading signal services use fundamental and technical analysis to make decisions as to when to buy or sell a digital asset.

Movements in the trading markets are never random. Significant price action is driven by two factors: fundamental developments and technical indicators.

Fundamental data includes world events that make people buy or sell a digital asset. For example, when a big name institutional investor takes an interest in bitcoin, the markets tend to interpret this as a good thing, and the price of BTC goes up. Continue reading…

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© Copyright 2018 Coinstituency. Risk Disclosure: Coinstituency will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Cryptocurrency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument or cryptocurrencies you should carefully consider your investment objectives, level of experience, and risk appetite. Coinstituency would like to remind you that the data contained in this website is not necessarily real-time nor accurate, meaning prices are indicative and not appropriate for trading purposes. Therefore Coinstituency doesn’t bear any responsibility for any trading losses you might incur as a result of using this data. Coinstituency may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.