Trodax

Trodax Affiliate program for crytocurrency traffic. We have a contest – winner gets 1 BTC!

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Hello friends.

 

What is actually going on when a person is trading? More specifically – when you trade cryptocurrencies.

 

Well, the actual process of trading is what in major way determines the price, the value of each cryptocurrency. Since crypto is a fairly young technology it is impossible to establish its value objectively, there’s no value per se. No goods or services are being produced, no gold standard, there’s central organization behind bitcoin whose reputation would be a marker.

 

But since the value of crypto is undeniable and it’s the future of money where no government can possibly intervene and/or bankrupt any currency – the market comes into play. Millions of people decide how much they are willing to pay for each currency every day – offer and demand balance things out to provide us with a new world where lots of cryptocurrencies coexist and can be traded. Playing on the fluctuations and price tendencies can be very fruitful if done with caution and good understanding of the nature of ongoing processes.

 

Cryptocurrency trading is an ongoing endeavor of redistributing the trust and attention each cryptocurrency gets and deserves from international society. Traders are shaping the future of economies by determining the value each currency deserves. And it can make one rich if the process is controlled and understood correctly.

 

Trade smart.

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What is the mechanism behind automated trading? Well, it’s basically a trading done for the user by some algorithm or trading bot. When a trading bot buys crypto, it automatically calculates the Take Profit level, according to the exchange commission and the specific features of a certain cryptocurrency. There are a number of different bots on the market and they use different strategies to obtain results.

 

One of the best practices out there is averaging. We have already talked about it in our posts, so let’s just briefly explain how it functions. Automated bot buys a crypto asset and evaluates a price it has to reach for the bot to sell it. As soon as its price is reached, the algorithm sells the asset and opens a new transaction. If a market doesn't achieve an indicated price and the asset is getting cheaper instead, the algorithm buys the same cryptocurrency again making so called «averaging». After averaging this asset can be sold at lower price still making profit since its price was averaged between the initial price of purchase and the price of the second transaction.

 

Automated bots use a variety of strategies and tools to maximize the profit and provide a service that makes money on user’s behalf while the user himself isn’t doing anything. That’s a cool feature, isn’t it? The only worry people have here is security. Am I doing a right thing giving some bot the access to my money? Are they gonna be on the exchange the next day? Will the bot trade correctly, not making me lose money in some risky transactions?

 

Those are the very essential questions a trader should be asking before starting with any automated trading service. The good news are – there are good options out there, it’s just a question of trial and error, but if you are determined to find a right automated trading service for you, you will.

 

Trade smart.

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Hello, guys!

 

Feeling good today? What about your trading? How is it going?

 

Today we would like to ask you a brief question and give you some thoughts related to the topic. Bur first things first – how many exchanges is enough to trade successfully? We have recently asked this question to our clients and friends and here’s what we’ve seen:

 

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Feel free to join the discussion on our Telegram channel, it’s https://t.me/trodaxdotcom. We believe that it’s not about the number of exchanges, you can use just one and be a very successful trader. In fact, several of our most wealthy clients only use one exchange but they have several separate accounts and various trading bots working for them and making money simultaneously.

 

That being said, we also agree with the idea about diversification. Don’t put all your eggs in one basket seems to be a fairly good advice in personal finances in general, so if you aren’t 100% about any particular exchange – better safe than sorry, as they say.

 

Please, tell us how do you trade? How many exchanges are enough?

 

Trade smart.

 

Telegram: https://t.me/trodaxdotcom

Facebook: https://www.facebook.com/Trodax.cat

Twitter: https://twitter.com/Trodax1

Instagram: https://www.instagram.com/trodax.cat/

Email: hello@trodax.com

Reddit: https://www.reddit.com/r/TrodaxCat

Medium: https://medium.com/@trodaxtrodax

Golos: https://golos.io/@trodax.cat

Bitcointalk: https://bitcointalk.org/index.php?topic=4779227.0

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Napisano (edytowany)

Tomorrow, Nov 15 we will witness the HardFork of Bitcoin Cash. What will happen than? To those of you guys who don’t understand what is going on – a brief summary of what’s going on.

 

The Bitcoin Cash network’s hard fork is planned for November 15. The basic idea is that the software upgrade to Bitcoin ABC would help the network scale and provide for smart contracts. At the same time lots of Bitcoin Cash fundamentalists believe that these changes will corrupt the Bitcoin Cash blockchain.

 

Now, one of the scenarios is that Bitcoin Cash will split into two different coins: Bitcoin SV (Satoshis’s Vision), the current version and Bitcoin ABC, an upgraded version. This can lead to panic in case double spending won’t be prevented, which can seriously harm currency’s reputation. As Craig Wright, Australian computer scientist (who is also so charismatic that he claims to be Satoshi Nakamoto) says: “There is no bitcoin gold, no BTC vs ABC-type battle here. This is one or the other. Long term, one dies. There is zero chance of both surviving.”

 

What do you guys expect from tomorrow? Do you think we will witness a massive increase in interest towards Bitcoin Cash or will it be the disaster for those who invested significant money in it?

 

Let us know and join the discussion on our TG channel https://t.me/trodaxdotcom.

Edytowano przez Trodax

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Feel free to check an article about Trodax on Cryptonews portal. We are happy to see our service being recognised and hope you enjoy using our bot!

l37honz.jpg

Telegram:hahttps://t.me/trodaxdotcom
Facebook:hahttps://www.facebook.com/Trodax.cat
Twitter:hahttps://twitter.com/Trodax1
Email:hahello@trodax.com
Reddit:hahttps://www.reddit.com/r/TrodaxCat
Medium:hahttps://medium.com/@trodaxtrodax
Golos:hahttps://golos.io/@trodax.cat
Bitcointalk:hahttps://bitcointalk.org/index.php?topic=4779227.0

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Hello, guys.

 

Have you already seen the latest updates on Bitcoin price? It's price is now between $5.500 and $5,600 which is the lowest point it has seen this year. What are your prospects for it? Do you feel like selling the bitcoins you have or are you optimistic and hope it'll soon regain its value?

 

There’s a very interesting situation on the cryptocurrency market right now – a moment of panic and a whole new world of possibilities for investors and traders. Bitcoin Cash hardfork and Bitcoin price falling so drastically nobody could predict it. Or could they? What will tomorrow bring us in terms of crypto news?

 

A perfect moment to buy crypto while it’s down or a final opportunity to leave the sinking ship and sell all the assets you’ve got. Or – what a crazy thought – to keep trading. Business as usual in moment of chaos. What nerves would it take to just keep trading. But what if that is the best moment to trade?

 

Trade smart.

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Hello, guys.

 

How are you these days?

 

Now, the price of bitcoin is below $5,300 which can be quite alarming. Who could have predicted it just a week ago? What are the prospects? There is so much uncertainty some traders feel really stressed and aren’t sure they can successfully trade in a market like this.

 

There are things that one should remember when trading crypto. High volatility is what describes cryptocurrency market. It is in its nature to rise high and to fall low. What does it tell you? If you are balanced enough and have your emotions under control you accept that this is just a part of the game.

 

High volatility. High gains. Big losses. The main issue here is that it’s not easy to keep calm when everything around you seems to fall apart. Are your investments in danger? Have you lost your mind investing and trading in such horrible conditions? Will bitcoin disappear with all your capital you invested in it? These worrying thoughts are a common place for experienced traders. Don’t let them dwell on you.

 

Nothing is forever as they say and the night’s darkest hour is right before the dawn. Keep analyzing things and work with what you have. Find the right approach and stick to your game plan. Control your emotions.

 

Trade smart.

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