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Showing posts with the label tradesanta

Is the altcoin season here? How to trade small-cap coins amid high volatility

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As Bitcoin hits resistance, a new wave of altcoins like Solana, Injective, and Chainlink are surging ahead. Is this the dawn of a new altcoin era? Bitcoin might have pulled the crypto market from its multi-month sluggishness, but the big winners right now are altcoins, as many cryptocurrencies have outperformed BTC during the last few weeks. Does the crypto market ignite the engine for another altcoin season? How to benefit from this rally? We’re about to figure it out in this post. Altcoins perform great in Q4 Altcoins – digital assets other than Bitcoin – have demonstrated great returns in the last quarter of the year, and some of them took off earlier than that. While Bitcoin has gained over 40% since mid-September to consolidate above $35,000, Solana’s (SOL) value has tripled, while Injective (INJ) and Chainlink (LINK) have surged by 150%. Avalanche (AVAX), Aave (AAVE), Polygon (MATIC), and Cardano (ADA) have also outperformed Bitcoin during the last 60 days. Bitcoin and Altcoin’s...

How automated trading helps novices trade like professionals

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Learn how automated crypto trading bots can help minimize the impact of emotions on trading. Statistics suggest that an overwhelming majority of traders fail. While the 95% figure was popularized by Tradeciety in relation to traditional assets, the same is true for cryptocurrency trading. That means only about 5% of all traders are in the money. One of the reasons traders fail more often than not has to do with emotions, and the mismanagement of feelings is amplified in crypto trading, given the high volatility of the market. As a trader, it can be challenging to suppress emotions when making trading decisions. The fear of missing out, anxiety over losing funds, and the tendency to hold on to losing positions are all common emotional responses that can lead to impulsive and irrational trading behavior. There are several ways to minimize the impact of psychology on trading. One of them is turning to automated crypto trading, which involves the use of special software commonly referred ...