Cryptocurrencies are hard to ignore in the last five years, and in the almost past quarter of 2021, digital assets are becoming almost mainstream. Bitcoin still holds the leading position, having the highest demand and capitalization in the crypto market. There are three main ways to make money from the main cryptocurrency, in 2021. In this material, we’re going to go through each of these.
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Retail trading (manual) is the main type of trade in financial markets, but not the only one. Various trading software are gaining in popularity, making it easier for traders to do most of the basic and routine tasks. Newcomers to the market choose the path of least resistance and use automatic trading. However, it is worth noting that this method is not suitable for everyone due to its cost and complexity. This method is resorted to because the machine does not have feelings or emotions that will not interfere with the trade. There are initially built-in indicators in the algorithm that will be clearly executed by the program.
Continue reading “Algorithmic trading – what is it?”