Five Trading Strategies to Build BTC Wealth During Altcoin Downtrends

TheMerkle_Bitcoin Huobi Margin TradingDuring a remarkable year for Bitcoin, and especially the past six months, many altcoins have seen an ever-dwindling BTC price. In response, many traders have shifted their focus to prioritizing dollar profits rather than Bitcoin. While it is much easier to be USD-profitable while Bitcoin surges, there are still a number of strategies traders employ to continue to accumulate BTC, even while most alts have struggled to keep up with Bitcoin’s massive surge. Here are five strategies that allow traders to continue to profit while altcoins are red across the board. Trading on small exchanges In past altcoin bear trends, those coins that are traded on

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Ripple Gains 1,000% in One Month – Now the Second Largest Cryptocurrency

Ripple Becomes Second Largest Cryptocurrency By Market CapToday, the total market capitalization of Ripple exceeded $100 billion for the first time ever. This milestone makes Ripple the first cryptocurrency other than bitcoin to break into the 12-figure threshold, and positions it as the second largest crypto by total market capitalization. Also Read: Markets Update: Bitcoin Markets Retrace to the $15,000 Area Ripple […]

The post Ripple Gains 1,000% in One Month – Now the Second Largest Cryptocurrency appeared first on Bitcoin News.

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Market Update: BTC Value Consolidates After Bouncing

BTC markets have produced sideways consolidatory price action in recent days, following bitcoin’s dramatic crash from almost $20,000 USD to test a low of approximately $11,000, and ensuing bounce up to the 0.618 retracement area. Most major altcoin markets have bounced in concert with BTC. Also Read: Seven Deadly Trading Mistakes Every Rookie Makes Bitcoin Markets […]

The post Market Update: BTC Value Consolidates After Bouncing appeared first on Bitcoin News.

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Trading Bot Mistakenly Causes e-Gulden Pump

TheMerkle_Gemini Bitcoin TradingIn an unregulated market such as cryptocurrency, bad actors and spontaneous events continually prey upon unknowing individuals. While the victims of these acts typically consist of naive and inexperienced individuals, even savvy traders sometimes find themselves duped by these ploys. Since last Thursday, McAfee Antivirus creator and eccentric cryptocurrency magnate has been tweeting a “coin-of-the-day” to his almost 500,000 followers on Twitter. The results of these daily tweets are exactly what one would expect: the coin spotlighted in each tweet is almost instantly pumped as all of the tech pioneer’s followers rush to buy, guided by a fear of missing out (FOMO). Of course, the pump

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