Kucoin opened in September 2017 and has already proved to be a very successful and promising cryptocurrency exchange. More than 300 pairs of coins are available for trading.
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News of the week. Friday, February 26th
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”
FUD and FOMO – what is it?
The financial market is driven by people who are responsible for the processes within it. All trafficking is carried out exclusively by people. Of course, there are various programs, robots, bots for trade (such as RevenueBot), but they are all run again by people. Trading is not for the faint of heart, but requires strong emotional resilience to avoid unnecessary losses. However, not every market participant can boast of this quality. This is especially the case with newcomers to the market: they make transactions by at the call of the heart, with the help of a sixth sense, the sign from above prophesied and so on. Emotions are a big obstacle to trade and it has a name – FUD and FOMO. What these terms are and how to understand what you fall into their category – let us discuss in this article. Continue reading “FUD and FOMO – what is it?”
Distance learning in cryptocurrency trading with a bot. Individual help from traders.
Nowadays, many people want to learn how to trade in cryptocurrency. And, of course, everybody wants to make a profit. The amount of theoretical information about trading on the Internet is off the charts. And each trader at the beginning of their journey watched educational videos and read the necessary articles on trading on the exchange cryptocurrency. But it is impossible to collect all the information into a structure quickly, especially most are realized only in practice. Many people just don’t have the patience to read and search.
But like to try…
Ripple: what is the future of the project?
The year 2020 was not very enjoyable for everyone, waiting for its early end. By the end of the year, however, Ripple was the one company most affected. As it happens, the Securities and Exchange Commission (SEC) is suing the company. They allegedly sold securities disguised as XRP tokens for seven years. How Ripple did it, for so long, is not clear to anyone. But since the SEC is the US government regulator (whom most of the community’s crypto does not like), Ripple’s excuse will take a long time.
I suggest you figure out what’s going on.
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Pump and Dump
The crypto market differs from the traditional, mostly, only volatility, and the lack of regulation from the state, of course. It is this volatility that prevents many new faces from entering the crypto market. The high volatility of the asset suggests that you can make very fast money on it, but faster still lose everything. Therefore, beginners in trade, who had no practice in the traditional market, on arrival in the crypt and plum of the first deposit begin to tell that cryptocurrency is «bubble», all tricked, dumped, etc.
Using TradingView signals for the bot
You can use TradingView signals as a condition for starting and stopping the bot.
1. TradingView signal as a condition for starting a bot
2. Create a signal on the TradingView platform
3. Switching a bot’s trading pair upon receiving a TradingView signal
4. TradingView signal as a condition for stopping a bot
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How to recharge the RevenueBot balance correctly
1. Main info
2. How to top-up balance in BNB (BEP2)
3. How to top-up balance in BTC
4. How to top-up balance in BTC (BEP2)
5. How to top-up balance in BCH
6. How to top-up balance in TRX
7. How to top-up balance in USDT (TRC20)
8. How to top-up balance in USDT (BEP2)
9. How to top-up balance in BUSD (BEP2)
10. How to top-up balance in ETH (BEP2)
11. How to top-up balance in LTC
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Updates from 18.11.2020-Stop Loss and bot cycle restructuring
Stop-Loss mechanism implemented.
Stop-Loss has been implemented in response to numerous user requests. Stop-Loss mechanism is enabled and configured in bot filters when it is created/edited in the «Bots» menu.
At the moment, two conditions for triggering the Stop-Loss mechanism are implemented:
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Perpetual futures contracts Binance Futures COIN-margin
We have already described the advantages and disadvantages of trading cryptocurrency futures contracts with leverage, as well as the process of creating a bot for trading perpetual Profitable trading on Binance Futures USDT-margin with the bot, which appeared in September 2019.
In the summer of 2020, a new type of futures trading appeared on the Binance exchange, namely COIN-margin futures, which are represented by quarterly and perpetual futures.
In this article, we will look at perpetual COIN-Margin futures. You can trade them with a leverage of up to x125.
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