The post 1-GOLDEN RULES FOR NEWBIE CRYPTO TRADERS TO BECOME SUCCESSFUL appeared first on coinmarketalert.
]]>If you are new to crypto trading and you are looking forward to getting better at it, this article is for you.
To become a successful trader:
1. Invest in knowledge
Investment in knowledge pays the best interest. Knowing your onions before you put a dime into the market is the first thing to consider in order to make a better decision. Newbies should consider learning
Technical Analysis (TA)
This is based on historical price action. TA uses several technical indicators to achieve this, trade volume, moving averages, trend lines, candlesticks, chart patterns, and more are considered. Proper knowledge of technical analysis allows traders to make the best decisions.
Fundamental Analysis (FA)
Economic and financial factors affecting a given asset are considered here to make decisions on what to buy. The knowledge of FA gives an insight into whether a coin is overvalued or undervalued at the current valuation.
However, news and community sentiment are other factors to consider. A newbie crypto trader must keep track of community discussions and news events because this information impacts the market price of cryptocurrencies. CoinMarketAlert keeps its users updated about the latest news and happenings. In addition, having a mentor who can guide you is underrated but it’s best to learn from those who are seasoned in crypto trading.
2. Choose a reliable crypto exchange:
Without choosing a reliable trading platform it will be difficult to make a meaningful profit or you may end up losing your money to hackers. How will you feel when an exchange charges about 20% of your income or profit as their withdrawal fee? Newbies may choose between a centralized, decentralized, or hybrid crypto exchange platform. Notable centralized exchanges are Binance, Coinbase, crypto.com, FTX, Gemini, and others while decentralized exchanges include PancakeSwap, Uniswap, and others.
3. Leverage technology.
Leveraging technology could be one of the ways to get to the moon in crypto space, this involves the use of trading bots. They are software that helps to automate your trading strategies. Bots are more efficient in doing the work on your behalf. Several trading bots are available. Newbies should look out for the best.
4. Diversify your crypto portfolio.
Do not put all your eggs in one basket is a golden rule. Diversifying entails investing in more than one crypto project. Newbies are advised not to invest all their income in a single project, this is a way of creating a balance between risk and reward.
5. Track your portfolio.
With more than 12k cryptocurrencies in existence, keeping an eye on them is a difficult task. The crypto market does not sleep 24/7, to catch up with the latest market movements and development newbies and experienced traders need to give portfolio tracking tools a try. CoinMarketAlert is the best tracking tool for obtaining quick, accurate, and timely information on your cryptocurrency portfolio. with the tool, you can never REKT as your portfolio will be protected appropriately
6. Look out for crypto scams and avoid them at all costs.
In 2021 about $14 billion was stolen from the crypto market. If not sending traders to an earlier grave, crypto scams are one of the things that have made several traders homeless. Here are some of the scams freshmen should look out for and avoid at all costs.
Long story short, several other scams like Fraudulent initial coin offerings scams, cloud mining scams, giveaway scams, and many others exist. To be saved, traders should protect their wallets, invest only in things they understand by doing research, and stay away from too good to be true projects.
7. Control your emotions.
Controlling one’s emotions is another key to becoming a better trader, it distinguishes successful traders from others. Fear and greed are powerful emotional forces that can cloud a person’s judgment, causing them to make the wrong decisions.
The post 1-GOLDEN RULES FOR NEWBIE CRYPTO TRADERS TO BECOME SUCCESSFUL appeared first on coinmarketalert.
]]>The post GOLDEN RULES FOR NEWBIE CRYPTO TRADERS TO BECOME SUCCESSFUL appeared first on coinmarketalert.
]]>If you are new to crypto trading and you are looking forward to getting better at it, this article is for you.
To become a successful trader:
1. Invest in knowledge
Investment in knowledge pays the best interest. Knowing your onions before you put a dime into the market is the first thing to consider in order to make a better decision. Newbies should consider learning
Technical Analysis (TA)
This is based on historical price action. TA uses several technical indicators to achieve this, trade volume, moving averages, trend lines, candlesticks, chart patterns, and more are considered. Proper knowledge of technical analysis allows traders to make the best decisions.
Fundamental Analysis (FA)
Economic and financial factors affecting a given asset are considered here to make decisions on what to buy. The knowledge of FA gives an insight into whether a coin is overvalued or undervalued at the current valuation.
However, news and community sentiment are other factors to consider. A newbie crypto trader must keep track of community discussions and news events because this information impacts the market price of cryptocurrencies. CoinMarketAlert keeps its users updated about the latest news and happenings. In addition, having a mentor who can guide you is underrated but it’s best to learn from those who are seasoned in crypto trading.
2. Choose a reliable crypto exchange:
Without choosing a reliable trading platform it will be difficult to make a meaningful profit or you may end up losing your money to hackers. How will you feel when an exchange charges about 20% of your income or profit as their withdrawal fee? Newbies may choose between a centralized, decentralized, or hybrid crypto exchange platform. Notable centralized exchanges are Binance, Coinbase, crypto.com, FTX, Gemini, and others while decentralized exchanges include PancakeSwap, Uniswap, and others.
3. Leverage technology.
Leveraging technology could be one of the ways to get to the moon in crypto space, this involves the use of trading bots. They are software that helps to automate your trading strategies. Bots are more efficient in doing the work on your behalf. Several trading bots are available. Newbies should look out for the best.
4. Diversify your crypto portfolio.
Do not put all your eggs in one basket is a golden rule. Diversifying entails investing in more than one crypto project. Newbies are advised not to invest all their income in a single project, this is a way of creating a balance between risk and reward.
5. Track your portfolio.
With more than 12k cryptocurrencies in existence, keeping an eye on them is a difficult task. The crypto market does not sleep 24/7, to catch up with the latest market movements and development newbies and experienced traders need to give portfolio tracking tools a try. CoinMarketAlert is the best tracking tool for obtaining quick, accurate, and timely information on your cryptocurrency portfolio. with the tool, you can never REKT as your portfolio will be protected appropriately
6. Look out for crypto scams and avoid them at all costs.
In 2021 about $14 billion was stolen from the crypto market. If not sending traders to an earlier grave, crypto scams are one of the things that have made several traders homeless. Here are some of the scams freshmen should look out for and avoid at all costs.
Long story short, several other scams like Fraudulent initial coin offerings scams, cloud mining scams, giveaway scams, and many others exist. To be saved, traders should protect their wallets, invest only in things they understand by doing research, and stay away from too good to be true projects.
7. Control your emotions.
Controlling one’s emotions is another key to becoming a better trader, it distinguishes successful traders from others. Fear and greed are powerful emotional forces that can cloud a person’s judgment, causing them to make the wrong decisions.
The post GOLDEN RULES FOR NEWBIE CRYPTO TRADERS TO BECOME SUCCESSFUL appeared first on coinmarketalert.
]]>The post CoinMarketAlert is offering her free crypto protecting NFT to all #BAYC, #MAYC, and #BAKC Holders appeared first on coinmarketalert.
]]>CoinMarketAlert was established 5 years ago to never allow both newbies and seasoned crypto and NFT investors REKT by providing the best price alerting and portfolio tracking tools for our 30k plus users.
Crypto is highly volatile and keeping up with the latest market movements and development can be challenging. With accurate and timely information, investors are able to react fast to protect their investments or capture a market opportunity, which is all we want.
To better our service and grow the community, CoinMarketAlert NFT was launched a few weeks ago, Holders of a Board Ape Yacht Club (#BAYC), Mutant Ape Yacht Club (#MAYC), and Board Ape Kennel Club (#BAKC) get a free 1 year CMA coupon and VIP access to all our services.
To qualify for the Airdrop, holders need to perform the following tasks:
1) Retweet our pinned Twitter Post:
2) Send a private message to us on Twitter providing the Ethereum wallet address which holds your #BAYC, #MAYC, or #BAKC NFT.
3) Our team will then send your CoinMarketAlert NFT directly to your wallet which will be visible on Opensea.io
Benefits of holding a CoinMarketAlert NFT:
CoinMarketAlert Access Pass is your ticket to all our existing and upcoming tools.
Access Pass Benefits
Alert on 13k+ coins, tokens, and NFTs at your predetermined frequency.
Publishing right for blockchain-related content writers to publish on our website.
Alert on TA done on some selected coin.
Eligibility to vote on new features.
Free platform coupons to invite your community and friends to CoinMarketAlert.
Free WL access to partner NFT and Crypto projects.
Direct access to Founder of CoinMarketAlert via monthly video call.
First access to upcoming CoinMarketAlert Series A funding round.
How to utilize my NFT?
Within the Attributes of each NFT, you will find a coupon code. Simply, register on CoinMarketAlert.com and insert this coupon code. After registration, you will have one year free access to all our services and tools.
What happens if I sell my NFT?
If you decide to sell or give away your NF, the new owner will be awarded a one year subscription. You will also retain your subscription until it expires.
What happens when my subscription expires or can I extend my subscription:
At any time, you can extend your subscription from your dashboard. Additionally, we offer a limited edition VIP NFT Pass which provided unlimited access without expiration. More details here:
https://coinmarketalert.com/crypto-alerting-nft/
Where can I see the CoinMarketAlert Airdrop pass on Opensea?
https://opensea.io/collection/coinmarketalert-v2
The post CoinMarketAlert is offering her free crypto protecting NFT to all #BAYC, #MAYC, and #BAKC Holders appeared first on coinmarketalert.
]]>The post HOW TO PUBLISH YOUR ARTICLES ON COINMARKETALERT.COM? appeared first on coinmarketalert.
]]>How does it work?
Publishing Restrictions:
Featured Articles:
If you would like your article featured (shows on the home page, top of blog as sticky and every other page), there is a small fee per week of $10/ 10 USDT as we only have four featured spots and therefore we must schedule these spots. Contact us for more information and scheduling.
The post HOW TO PUBLISH YOUR ARTICLES ON COINMARKETALERT.COM? appeared first on coinmarketalert.
]]>The post The Social Key Recovery by Portunus App Solves one of the Biggest Blockchain Problems appeared first on coinmarketalert.
]]>
If you are using cryptocurrencies or care about securing passphrases, you probably thought about data recovery at some point, such as mnemonic phrases or hard drive backups. The unique Portunus Social Key Recovery splits up your private key into key pieces also called fragments, which are kept by a minimum of three Trustees who are usually in the close circle of family/friends/contacts. In case the user loses his private key, he can now restore it with the previously distributed fragments.
An Example:
Let’s assume Jane has a secret that secures something of value (cryptocurrencies would be a good example here). She worries about losing this secret and consequently, losing access to her assets. Now she might be inclined to back up her secret with people she trusts.
Hence, she uses the Portunus app for Social Key Recovery, which splits her secret into five parts and distributes those to people she is close to, her Trustees. Furthermore, she specifies that three of the five parts are necessary to recover her secret.
One day Jane loses her phone and with it her secret. At this point, she can contact three of the five people who earlier received a part of her secret. With the help of these people, she can restore her secret, and regain access to her digital assets.
The patented Portunus algorithm takes a key and splits it into several fragments. Using SSSS and military grade encryption, the Portunus app provides a flexible algorithm for choosing the total number of fragments and the threshold value, and it can therefore provide unique security properties for situations with different security demands.
Let’s go back to our first example with Jane, but now we get more specific:
Jane holds one Bitcoin and wants to use the Portunus social recovery app to back up her private key. Her friends Bob, Carol, Anna, and Dan are already using the app. After installing the app, she enters the key and selects her friends to share the pieces of her key with. The app then splits the key into four pieces and sets the threshold value to three. Three is the minimum number of selected Trustees, meaning that any three of her friends can recover her private key.
To improve security properties, it is better to increase the number of key pieces and the threshold value. As such we might distribute a total of 6 pieces to 6 members of Jane’s family/friends and require 5 of them to reconstruct the private key.
Before splitting it up, the Portunus app encrypts the initial private key, so an adversary would not only need to collect enough pieces, but also gain knowledge about the password that decrypts the private key. If Jane forgets to create or loses her password, she will be unable to recover her key. For this reason, Portunus can also be used to safely store and recover passwords.
The Portunus app has already developed a free Android beta version (and we’re working hard on the IoS version too!) that can be accessed by subscribing to the website www.portunus.ai.
The Portunus team is constantly growing and if you or your company are interested in investing or collaborating whilst helping build a safer world, visit www.portunus.ai/contact-us/ to inquire more information and details about Portunus.
The post The Social Key Recovery by Portunus App Solves one of the Biggest Blockchain Problems appeared first on coinmarketalert.
]]>The post Top 10 Cryptocurrency Exchange Compared appeared first on coinmarketalert.
]]>Cryptocurrency exchanges are websites where you can buy, sell, or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account. If you just want to make the occasional, straightforward trade, there are also platforms that you can use that do not require an account.
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LocalBitcoins.com is a peer-to-peer bitcoin exchanging site. At LocalBitcoins.com, individuals from various nations can trade their nearby money to bitcoins. The site enables clients to post promotions where they state swapping scale and installment strategies for purchasing or offering bitcoins. Your answer to these notices and consent to meet the individual to purchase bitcoins with money, or exchange specifically with web-based managing an account. Bitcoins are put in LocalBitcoins.com web wallet from where you can pay your bitcoin buys specifically.
Coinbase cases to be the world’s most prominent approach to purchase and offer bitcoin, ethereum, and litecoin. The mainstream wallet of Coinbase works smoothly on Android or iPhone along with the web. The cryptocurrency put away on its servers is secured by an insurance policy. Coinbase stores by far most of the advanced resources in secure offline storage. Individuals can invest in cryptocurrencies gradually by scheduling their purchases weekly or monthly.
The team of EtherMium firmly believes in free trade and in the sovereignty of the individual to make his/her own decisions. As trade is a critical driver of civilization, and any restrictions on trade hinder progress. EtherMium has embarked on the path being convinced that the blockchain technology is the future and any future devoid of freedom is just inconceivable. The vision and views are of EtherMium are fully represented in its product. The company also believes in loyal business only to its customers. Not to governments or any other party.
Xcoins.com is a European-based leading cryptocurrency exchange platform. Since its launch in 2016, the easy to use platform has served over 250,000 satisfied customers worldwide. Xcoins offers a quick and secure solution to purchase cryptocurrencies with 24/7 live support. They cater to beginners, as well as experienced crypto-veterans, and support more than 167 countries. With exceptional customer service and one of the quickest transaction processes, it’s easy to see why Xcoins has been growing exponentially since its inception. No matter your level of experience or where you are in the world, Xcoins.com is a safe and reliable way to get your hands on cryptocurrencies.
CoinChangelly is a cryptocurrency exchange service provider for digital currencies. The administration goes about as administrations comprising of stages for crypto exchange, bitcoin price, Coinmarketcap, and Crypto calculator. They have a quick and simple information exchange process. The organization goes about as a totally decentralized exchange platform covering cryptocurrencies, market analysis, blockchain news, and preferences.
Cex.io is one of the best cryptocurrency exchange that provides multiple payment options for using bitcoin and other cryptocurrencies. The platform lets users easily trade fiat money with cryptocurrencies and conversely cryptocurrencies for fiat money. So, if you are a beginner, this is one of the best crypto exchanges that you can use to get started. For those looking to trade bitcoins professionally, the platform offers personalized and user-friendly trading dashboards and margin trading. Alternatively, this crypto exchange also offers a brokerage service that provides novice traders in an extremely simple way to buy bitcoin at prices that are more or less in line with the market rate. The Cex.io website is secure and intuitive and cryptocurrencies can be stored in safe cold storage.
CryptoIdol is a project of Zimba Infonet LLP that was begun with a dream to enhance the openness of digital forms of money in India. CryptoIdol goes for giving a problem-free digital currency exchanging stage to ordinary citizens. Understanding the lack of digital currency trades in India, CryptoIdol was begun to improve cryptographic money exchanging and give the most noteworthy number of cryptographic money venture choices on a solitary stage.
Bitstamp is one of the best bitcoin exchange based out of Europ. It was founded in 2011 and is one of the first generation bitcoin exchanges that has built up a loyal customer base. Bitstamp is well known and trusted throughout the bitcoin community as a safe trading platform. It offers advanced security features such as two-step authentication, multisig technology for its wallet and fully insured cold storage. Bitstamp has 24/7 support and a multilingual user interface and getting started is relatively easy. After opening a free account and making a deposit, users can start trading immediately.
Buy and sell INR-crypto and crypto-crypto pairs on India’s #1 crypto exchange, serving over 3 million members since 2014. Trade Bitcoin, Ethereum, BAT, XRP, and more with low fees and world-class security on our web and mobile platforms. ZebPay 2.0 is better than ever.
With a suite of products across devices, ZebPay platforms include mobile apps for those who are always on the go, and a seamless web interface for users who prefer desktops. Designed to reduce all friction, our platforms are meticulously designed to be clutter-free so you can trade cryptos stress-free!
If your focus is to conduct crypto-to-crypto trading, Binance is one of the best options. Ranked as one of the most popular cryptocurrency exchanges worldwide, they provide you with impressive offerings along with an extremely low trading fee. Although the Binance platform is a young entrant into the market, it is rapidly growing, and holds a huge selection of altcoins with Bitcoin, Ethereum, and Tether pairings.
The exchange offers its own coin termed as BNB (Binance coin). Being a centralized exchange, you can get decent discounts while conducting trade with their token. Binance offers a standard trading fee of only 0.1% which can even be reduced further if the payment is made with in BNB.
The post Top 10 Cryptocurrency Exchange Compared appeared first on coinmarketalert.
]]>The post Top 5 cryptocurrencies to invest in June 2020 appeared first on coinmarketalert.
]]>Bitcoin halving is a deflationary event programmed into the Bitcoin blockchain to cut by half Bitcoin rewards miners receive.
Also, with the ongoing global pandemic, governments have initiated economic stimulus packages that are seen by many savvy investors as nothing more than a move to print money. Therefore, more investors are now using cryptocurrencies like Bitcoin as a hedge against an uncertain global economy.
With that in mind, now is the best time to invest in cryptocurrencies. If you are looking to invest in crypto, the best move is to set your Bitcoin price alerts and make informed investment moves.
To help you get started is this list of the top cryptocurrencies to invest in.
At the top of our list for the best cryptocurrencies to invest in is Ethereum. Even though it is the second-largest cryptocurrency after Bitcoin in terms of market capitalization, Ethereum boasts of several practical smart contract applications that make it an attractive investment in the long run. According to cryptocurrency market watchers, the demand for Ethereum will increase alongside an increase in the demand for blockchain and its functions. In addition to the many practical applications on the Ethereum blockchain, Ethereum is also backed by several fortune 500 companies like JP Morgan and Microsoft. Plus, if the upcoming shift of the Ethereum blockchain from a proof-of-work protocol to a proof-of-stake algorithm succeeds, speed and efficiency of the Ethereum blockchain is set to increase for the better. This will make it easy to use ETH on more revolutionary decentralized applications.
Bitcoin’s market capitalization makes up about 65% of the entire cryptocurrency market. Also, with the current turmoil of the global financial markets as a result of the pandemic, more investors who have taken a hit are looking to Bitcoin and other traditional assets in the search for haven investments. As governments continue to print money, it is becoming clear to most investors that the biggest risk lies in putting all hopes on cash. By its decentralized nature, Bitcoin (like gold) has little correlation with the swings of the global economy. As a result of its properties, investors now refer to Bitcoin as ‘digital gold.’ Furthermore, with the realization of the continual maturity of the crypto market, financial experts like JP Morgan now recommend the participation of institutional investors into the crypto market.
Cardano is often referred to as a third generational cryptocurrency after Bitcoin and Ethereum. Founded in 2015 by Charles Hoskinson who is also the co-founder of Ethereum, Cardano is known in some circles as the ‘Ethereum killer’ since it is designed to host large scale decentralized financial applications. ADA is the native cryptocurrency on the Cardano blockchain. Compared to Ethereum, the Cardano network runs on flexibility not to mention a high level of efficiency in terms of updates on the network. For this reason, many crypto enthusiasts and investors expect the coin to grow and mature as multiple decentralized financial applications are launched its blockchain. Already, there are ongoing projects that are using it to solve real-world problems. Also, Cardano has partnered with the University of Malta to offer multiple blockchain programming courses. All these developments and a strong tech-forward community make Cardano one of the best investments in 2020.
Zcash (ZEC) is one of the top privacy coins in the crypto world. With growing online censorship, experts predict a growing demand for privacy-centric coins. As much as Bitcoin is the most popular cryptocurrency, it lacks privacy. Therefore, for crypto enthusiasts looking to remain anonymous online, the best alternative is Zcash. This coin is a fork of Bitcoin and has a total fixed supply of 21 million coins. Besides, Zcash uses a unique privacy protocol that guarantees privacy, speed, and scalability of transactions. This makes Zcash an ideal cryptocurrency especially for online gambling.
EOS is another decentralized application platform that rivals Ethereum in that it is a smart contract platform that seeks to eliminate transaction fees. The EOS vision is to create a blockchain that seamlessly scales to thousands of transactions per second. At its core, EOS aims at solving bitcoin’s pain points such as scalability, speed, and usability. With a delegated proof of stake algorithm, EOS claims to be more flexible than other open-source dApp platforms. Furthermore, EOS boasts of being one of the better-funded crypto projects ever with an estimated $4bn raised through its initial coin offering in 2018.
Bitcoin halving and a significant monetary stimulus by central banks across the globe provide both technical and economic support for the increased demand of cryptocurrencies. That is why experts now predict that bitcoin’s price will appreciate in the long run.
However since the crypto market is ever-changing, the best move before making any investment, is to conduct due diligence and be on the lookout whenever a price swing happens.
The best app for cryptocurrency price alerts is Cryptocurrency Price Alert by CoinMarketAlert. This app allows you to keep track of a coin’s price movement in the market with ease. You can use it to track the price movements of several cryptocurrencies with a capacity to get alerts sent directly to your inbox.
Apart from the Cryptocurrency Price Alert, CoinMarketAlert comes with tools that also allow you to track the trading volume of a coin, price alerts whenever there is a spike in the market, and alerts that notify you whether your portfolio is making a profit or a loss. Check out our offers here to improve your crypto investment strategies.
This views presented in these articles are not an investment advice and only for informational purpose.
The post Top 5 cryptocurrencies to invest in June 2020 appeared first on coinmarketalert.
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