BTCUSD rate forecast from March 22 to 28

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In the previous week, there were slightly different expectations from the main cryptocurrency. We saw the end of the correction, but the continuation of the rally did not happen. It has been suggested that this Bitcoin price movement was related to the performance of Fed head Jerome Powell. Investors are waiting, because it could have had a big impact on the movement of the price of digital gold. We will not focus on it, but it is worth noting that there have been many important statements. Based on this, it is possible to make a small forecast of further BTC movement for the next 7 days.

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What kind of mistakes beginners traders make?

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The description of the trading process can be put into one sentence: the market participant predicts the further movement of the price in order to benefit from a properly open position. It sounds simple and simple, and the task is, like, not so hard. However, at the beginning of the way traders often confuse trade and game – here the same bets, if you guessed, then took the prize. Perhaps only the trade in binary options can be attributed to the game, where participants need to precisely guess the subsequent movement of the price.

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News of the week. Friday, 12th of March

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NFT mania

It is common knowledge that there are tokens of different standards: ERC-20, ERC-223, ERC-721 and others. Some are used in the Ethereum blockchain ecosystem, others in video games. The ERC-721 token was, let’s say, an unnecessary link: it is not interchangeable, unlike the ERC-20 on which many crypto projects are built. Each such token has a price that varies from the value of what the token represents. It was originally created for Cryptokitties: there are kittens in the game (which are implemented with these tokens). They differ in breed, color, size, and cost.

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Creating a bot for trading perpetual cryptocurrency futures on the exchange FTX.com

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Content:

  1. Opening an account on FTX.com
  2. Adding funds to the exchange’s account FTX.com
  3. Creating an API key on FTX.com
  4. Adding an API Key FTX.com in RevenueBot
  5. Creating a bot for FTX.com perpetual cryptocurrency futures.
  6. Recommendations for trading on FTX.com
  7. General recommendations for trading Cryptocurrency futures using leverage

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Binance Futures Spring Tournament – Over $1,600,000 to Be Won!

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To welcome the Lunar New Year of the Bull, Binance Futures is hosting a Spring Tournament from 2021-03-02 0:00:00 AM (UTC) to 2021-04-01 0:00:00 AM (UTC).

We invite you to take part in this tournament for the RevenueBot team.

Team member sign-up period: 2021-03-02 0:00:00 (UTC) to 2021-04-01 0:00:00 (UTC).

Tournament prizes:

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News of the week. Friday, February 26th

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Elon Musk and the SEC

The SEC said it would investigate Musk over comments made about Dogecoin. I would never have believed that the SEC would have given up such antics from media personalities without consequence. Since early 2021, Musk has mentioned the Dogecoin meme four times on his Twitter. A more detailed history of Elon’s PR can be found in our previous article. Dogecoin was previously valued by traders only for the minimal commission that was charged for the transaction transfer. However, the cryptocurrency market is not static, more interesting variants have appeared and DOGE has become not very interesting. However, they pump it regularly. One of the developers of the project openly declares that he is shocked by the growth of the coin, because it has no technical purpose. In fact, the coin would have been in the top 1,000 list of cryptocurrencies long ago, but the clever Elon decided that he would pump it whenever he wanted. In the end, the charges are well-deserved, so we’ll keep an eye on things. Continue reading “News of the week. Friday, February 26th”

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