Binance Cryptocurrency Trading and Investment Strategies
What is a trading strategy? A trading strategy is simply a plan you follow when executing trades. There’s no single correct approach to trading, so each strategy will largely dep...
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When is the Best Time of Day to Buy Crypto
Cryptocurrencies like Bitcoin can experience daily (or even hourly) price volatility. As with any kind of investment, volatility may cause uncertainty, fear of missing out, or fear of participating at all. When prices are fluctuating, how do you know when to buy? In an ideal world, it’s simple: buy low, sell high. In reality, this is easier said than done, even for experts. Instead of trying to “time the market,” many investors use a strategy called dollar-cost averaging (or “DCA”) to reduce the impact of market volatility by investing a smaller amount into an asset — like crypto, stocks, or gold — on a regular schedule. DCA might be the right choice when someone believes their investments will appreciate (or increase in value) in the long term and experience price volatility on the way there.
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Ichimoku Clouds Explained
The Ichimoku Cloud is a method for technical analysis that combines multiple indicators in a single chart. It is used on candlestick charts as a trading tool that provides insights...
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How to Backtest a Trading Strategy on Binance
Do you think you have great ideas about the market but don’t know how to put them to the test without risking your funds? Learning how to backtest trade ideas is the bread and butter of a good systematic trader. The underlying premise of backtesting is that what worked in the past may work in the future. But how do you go about doing this yourself? And how should you evaluate the results? Let’s go through a simple backtesting process.
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What Is Technical Analysis?
Technical analysis (TA), often referred to as charting, is a type of analysis that aims to predict future market behavior based on previous price action and volume data. The TA app...
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Trend Lines Explained
What are trend lines? In financial markets, trend lines are diagonal lines drawn on charts. They connect specific data points, making it easier for chartists and traders to visu...
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Leading and Lagging Indicators Explained
What are leading and lagging indicators? Leading and lagging indicators are tools that evaluate the strength or weakness of economies or financial markets. Simply put, leading i...
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Pro Tips of Manager who now Funds DeFi tech
We asked crypto influencers, veteran traders, and VC fund founders to share their top tips, essential research strategies, and more. In this article, we speak to ParaFi Capital managing partner Ben Forman. Ben Forman is the managing partner of San Francisco-based ParaFi Capital, a fund that invests in blockchain technology and decentralized finance (or DeFi) markets. He founded ParaFi in 2018 after a decade of working in traditional finance — focusing on private equity and credit markets — at major firms like KKR and TPG. “Outside of Bitcoin as a non-sovereign store of value, DeFi is the main area of the blockchain space that has real product-market fit, real users, and real traction,” he says. “Non-sovereign, uncensorable financial services is where we're focused.”
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Who got in Crypto when Bitcoin was $10
We asked crypto influencers, veteran traders, VC fund founders, and more to share their top tips, essential Twitter follows, and the stories behind their best trades ever. In this edition we speak to longtime trader Ray Tong, who is full of practical advice for both new and experienced investors. Ray Tong stumbled across Bitcoin before most people had even heard of it, while working on a college project in 2011. He got his first bitcoin for when they were just $10, which required a trip to Walgreens to send a Western Union payment to a stranger on the other side of the planet. (Thankfully it’s gotten a lot easier.) When Bitcoin’s price quickly shot up to $30, he was hooked. He got deeper into trading during his post-college years working at Facebook, where he was an active member of a popular internal crypto channel. These days he splits his life between his day job – he’s a product manager at the online fashion site Farfetch, where he builds internal tools that have nothing to do with crypto – and managing his cryptocurrency portfolio. He’s full of practical, everyday advice for both new and experienced traders.
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What Is Margin Trading?
Margin trading is a method of trading assets using funds provided by a third party. When compared to regular trading accounts, margin accounts allow traders to access greater sums ...
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Crypto Expert Tips of Fund Founder
We asked crypto influencers, veteran traders, VC fund founders, and more to share their top tips, essential Twitter follows, and the stories behind their best trades ever. In this article, we speak to Scalar Capital founder – and former company product manager – Linda Xie. When you ask crypto experts for a list of the smartest and most clear-eyed people in the space, venture-fund founder Linda Xie is a name that comes up more than just about anyone. Xie (pronounced “shay”) became interested in Bitcoin in college, but it wasn’t until Overstock.com began accepting it as payment in 2014 that she felt optimistic enough about the future of digital money to leave a finance job. She took a role as one of Company’s first thirty employees and eventually rose to become a product manager focused on regulations and compliance. Since 2017, she’s led the crypto investment management firm Scalar Capital, which focuses on cryptoasset startups . “We’re very long-term oriented,” she says. “So we like to get really involved and help out founders and participate in communities.”
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How to Read “one-candle signals” of Candlestick Charts
Wondering what cryptocurrencies to buy, and when? When you research crypto assets, you may run into a special type of price graph called a candlestick chart. So it’s good to take a little time to learn how these work. Similar to more familiar line and bar graphs, candlesticks show time across the horizontal axis, and price data on the vertical axis. But unlike simpler graphs, candlesticks have more information. In one glance, you can see the highest and lowest price that an asset hit during a given timeframe — as well as its opening and closing prices.
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