This is a Crazy Crypto Trade Idea…

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  • Some call it crazy, others call it low probability, high reward against risk business
  • The logic? This is an idea based on an opinion of a higher time frame condition, going for it a higher time frame to take a profit target, and setting a lower time frame stop loss. But both have solid, technical reasons, not random ones
  • Watch the video below for a business idea for exploiting a business idea on Ethereum (ETHUSD), based on that crazy logic.

Business Ethereum

Ethereum

Ethereum is a decentralized, open source, blockchain-based distributed computing platform and operating system. Ethereum’s defining feature is its smart contract function, making it extremely popular. Ethereum dates back to 2014 and has since grown in popularity to stand as the second largest cryptocurrency in terms of market share. As a decentralized cryptocurrency network and software platform, Ethereum represents the most important and widely circulated altcoin. Notably, Ethereum also facilitates the use of Distributed Applications or dapps. Ethereum has its own unique programming language, known as Turing Complete, which is used to build the dapps. Dapps in turn can be rolled into a peer-to-peer (P2P) network of virtual machines. These can be almost anything and are optimized to work with Smart Contracts, which are pieces of code that can implement a given set once a certain set of criteria is met. The native currency of the Ethereum network is called Ether, or ETH. ETH tokens can be used to pay for things within dapps or to receive payments from smart contracts. They can also be exchanged from the Ethereum network within cryptocurrency exchanges or OTC trading platforms. The Rise of EthereumEthereum dates back to 2013 when crypto researcher and developer Vitalik Buterin proposed its usefulness. Its early development was later funded by online sales, which took place in 2014. Ethereum finally went in July 2015 with 72 million coins minted. This accounted for about 65 percent of its total circulating supply at the time of writing. Like other cryptocurrencies, Ethereum has had a complicated past, resulting in divisions and some controversy. For example, back in 2016, exploited vulnerability in The DAO’s smart project. contract software led to the theft of $ 50 million from Ether. This led Ethereum to split into two separate blockchains. A newer and separate version became known as Ethereum (ETH), while the original chain was still known as Ethereum Classic (ETC).

Ethereum is a decentralized, open source, blockchain-based distributed computing platform and operating system. Ethereum’s defining feature is its smart contract function, making it extremely popular. Ethereum dates back to 2014 and has since grown in popularity to stand as the second largest cryptocurrency in terms of market share. As a decentralized cryptocurrency network and software platform, Ethereum represents the most important and widely circulated altcoin. Notably, Ethereum also facilitates the use of Distributed Applications or dapps. Ethereum has its own unique programming language, known as Turing Complete, which is used to build the dapps. Dapps in turn can be rolled into a peer-to-peer (P2P) network of virtual machines. These can be almost anything and are optimized to work with Smart Contracts, which are pieces of code that can implement a given set once a certain set of criteria is met. The native currency of the Ethereum network is called Ether, or ETH. ETH tokens can be used to pay for things within dapps or to receive payments from smart contracts. They can also be exchanged from the Ethereum network within cryptocurrency exchanges or OTC trading platforms. The Rise of EthereumEthereum dates back to 2013 when crypto researcher and developer Vitalik Buterin proposed its usefulness. Its early development was later funded by online sales, which took place in 2014. Ethereum finally went in July 2015 with 72 million coins minted. This accounted for about 65 percent of its total circulating supply at the time of writing. Like other cryptocurrencies, Ethereum has had a complicated past, resulting in divisions and some controversy. For example, back in 2016, exploited vulnerability in The DAO’s smart project. contract software led to the theft of $ 50 million from Ether. This led Ethereum to split into two separate blockchains. A newer and separate version became known as Ethereum (ETH), while the original chain was still known as Ethereum Classic (ETC).
Read this Term at your own risk.

  • Investment revolves around risk and reward. Investors who hold dangerous assets and risk losing money should be rewarded more richly. More risk equals more potential return on investment
  • Risk and return are strongly correlated for most investment and asset classes. Every investor needs to balance risk and reward. Typically, when going for a high return against risk, as shown in ETHUSD’s business idea in the video above, based on that technical analysis shown, traders pay a “price” regarding the probability of the trade operating in their favor: The higher the reward, the lower the probability of winning the trade. However, some traders may want to target those big trades, depending on their personality and strategy. The above shows an example.

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Technical Analysis

In financial trading, technical analysis refers to the method of studying the previous history and price movements of an instrument, such as currency, stocks, commodities, and so on. Key determinants include asset price history, chart patterns, volume, and other mathematics. based visual tools, to predict future movements of that instrument. Traders who use various means of technical analysis are known by various terms, such as technical traders, technical analysts or technicians. The core behind technical analysis is the notion that past performance of a financial asset is a possible indicator for future performance. Unlike fundamental analysis, technical analysis does not bother with the causes of price fluctuations; it only deals with its effects. That is why technical traders diligently observe historical charts of the instrument they are interested in trading. Applying a number of techniques, technical analysis ultimately helps to predict how prices will act, sometimes also in relation to time. There are a lot of visual tools available for the technical trader, with the most popular of them included in all the major brokerage platforms today. Understanding Technical Analysis. Technical analysis itself consists of a number of different methods that generally fall into two main categories – lead indicators or residual indicators. Key indicators relate to those graphical tools that enable the trader to predict the movement of an asset before it actually occurs. Such leadership techniques include Fibonacci, pivot points, trend lines, divergence and harmonious trading, and are popular with traders who prefer to trade reversals. Late indicators are those visual tools that enable a trader to take advantage of a strong trend by entering it during formation; such tools include the MACD, the Awesome Oscillator and moving averages. Technical traders do not all use the same tools of course, and even a trader who uses a particular indicator. For example, the Stochastic Oscillator is likely to use it differently to another trader using the same indicator or set of indicators, making technical analysis extremely subjective. Having said that, there is merit to technical trading, and however intuitive it may seem, previous price patterns appear again and again. As an increasing number of traders are looking for specific market points, the probability of those points holding significance also increases.

In financial trading, technical analysis refers to the method of studying the previous history and price movements of an instrument, such as currency, stocks, commodities, and so on. Key determinants include asset price history, chart patterns, volume, and other mathematics. based visual tools, to predict future movements of that instrument. Traders who use various means of technical analysis are known by various terms, such as technical traders, technical analysts or technicians. The core behind technical analysis is the notion that past performance of a financial asset is a possible indicator for future performance. Unlike fundamental analysis, technical analysis does not bother with the causes of price fluctuations; it only deals with its effects. That is why technical traders diligently observe historical charts of the instrument they are interested in trading. Applying a number of techniques, technical analysis ultimately helps to predict how prices will act, sometimes also in relation to time. There are a lot of visual tools available for the technical trader, with the most popular of them included in all the major brokerage platforms today. Understanding Technical Analysis. Technical analysis itself consists of a number of different methods that generally fall into two main categories – leading indicators or residual indicators. Key indicators relate to those graphical tools that enable the trader to predict the movement of an asset before it actually occurs. Such leadership techniques include Fibonacci, pivot points, trend lines, divergence and harmonious trading, and are popular with traders who prefer to trade reversals. Late indicators are those visual tools that enable a trader to take advantage of a strong trend by entering it during formation; such tools include the MACD, the Awesome Oscillator and moving averages. Technical traders do not all use the same tools of course, and even a trader who uses a particular indicator. For example, the Stochastic Oscillator is likely to use it differently to another trader using the same indicator or set of indicators, making technical analysis extremely subjective. Having said that, there is merit to technical trading, and however intuitive it may seem, previous price patterns appear again and again. As an increasing number of traders are looking for specific market points, the probability of those points holding significance also increases.
Read this Term and trade ideas you probably won’t get elsewhere.

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