The cryptocurrency market has a typical characteristic – high volatility, i.e. fluctuations in cryptocurrency prices. Due to the high volatility, it is possible to profit from these price fluctuations by buying assets at lower prices and selling them at higher prices. This is called trading. There are some trading strategies used in the cryptocurrency market: Day trading Position trading Arbitrage ...
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Russia has decided to take under consideration the payment of bitcoins for its oil and gas exports. This is according to a high-ranking lawmaker in the Kremlin. Accordingly, ‘friendly’ countries to Russia could be allowed to pay in the crypto-currency or in their local currencies. However, Russian President Vladimir Putin said earlier this week that he wanted “unfriendly” countries to ...
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As Bitcoin’s price increases between $15,000 to $50,000, the cryptocurrency market might experience a sharp rise, especially after the decline in the stock market. Soon, the whole crypto coin industry will see a record of all-time highs as the market shines under other intermediaries’ downfall. Stock investors were disappointed knowing that the market has greatly declined. However, this might eventually ...
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