At Bitfunded, we are constantly working to improve your skills as a cryptocurrency trader and facilitate your journey to professionalism. Our goal is simple: to provide you with an expert trading experience. Now, it’s time to announce a series of…
The cryptocurrency market is known for its high volatility and rapid changes, often influenced by various external factors. Among these, major news events play a crucial role in shaping market sentiment and driving cryptocurrency prices movement. Understanding the impact of…
The world of cryptocurrency trading is exciting yet challenging, with market volatility often leading to emotional decision-making. Understanding and managing these emotions is crucial for success. Let’s explore the psychological aspects of trading and strategies to stay level-headed. The Emotional…
Drowdowns: A Vital Part of Your Trading Strategy Every trader aims to avoid losses, but the reality is that hitting the stop-loss and experiencing a losing streak is inevitable. Being prepared for these scenarios is crucial for long-term success. Drawdowns…
Maintain Moderate Risk Per Trade Many traders believe they can double their capital quickly, but taking on too much risk per trade can lead to significant losses if you hit a losing streak. The allure of rapid gains often tempts…
Risk management in crypto trading In cryptocurrency trading, having a winning strategy isn’t enough; without proper risk management, success remains elusive. While many traders attribute their losses to flaws in their trading strategy, the reality often stems from inadequate risk…
It is estimated that more than 90% of traders end up losing money, even though most have some minimum guidelines for taking trades. This is because the key is not in having rules, but in having the correct discipline to…
How to create your Trading Plan? A trading plan serves to organize all the details about your entry and exit strategies for a trade. But that’s not all, as a solid trading plan should also include the psychological and management…
Understanding the Order Book: The Order Book is a crucial tool for every trader, offering a real-time view of all the buy and sell orders for a particular crypto pair at various price levels. Buy orders are displayed in green, and sell orders are…
