Definition and Overview
Swing trading involves holding a position for several days to a few weeks to capture medium-term price moves. Swing traders typically base decisions on technical analysis, market cycles, support and resistance levels, and macro trends.
Characteristics of Swing Trading
Timeframe: Hours to weeks
Decision-making pace: Moderate
Trade frequency: Low to medium
Ideal for: Part-time traders and those who prefer less screen time
Example
A swing trader notices a bullish flag forming on Ethereum (ETH). They enter a long position at $1,700 and exit at $1,950 two weeks later, capturing a 14.7% profit while only monitoring the trade once or twice daily.
What is Scalping in Crypto?
Definition and Overview
Scalping is a high-frequency trading style that aims to profit from small price fluctuations...
Cryptocurrencies have surged into the mainstream, transforming the global financial landscape and enabling decentralized alternatives to traditional banking. Central to this revolution are crypto exchanges - platforms that facilitate the buying, selling, and trading of digital assets. As the crypto market has evolved from niche forums to billion-dollar ecosystems, exchanges have grown in importance, complexity, and influence.
Today, crypto exchanges are not only trading hubs but also offer a full suite of financial services, including staking, lending, spot and derivatives trading, and even decentralized governance features. Whether you're a retail investor, institutional trader, or curious beginner, understanding how these platforms function is essential to navigating the world of digital assets safely and profitably.
This comprehensive guide dives into the different types...
With the launch of Yellow Pay, we have made it much simpler and cheaper to send and receive money across Africa. And we will walk you through the simple process here.
Yellow Card’s mission is financial inclusion for all, and we are famous for facilitating easy and secure access to crypto for Africans. With Yellow Card, you can easily buy and sell crypto in over 15 countries across Africa.
You can also send crypto to or receive it from anywhere.
What Problem is Yellow Pay Solving?
Yellow Pay is a move beyond crypto to allow people across Africa to send and receive local...
Cryptocurrency trading, which is quite similar to trading equities and commodities, has its own set of possible dangers and drawbacks. However, users do have the chance to reap long-term benefits as it’s an option but do so; users would have to analyse and devise beneficial strategies that can make their trading endeavour safe, enjoyable, and profitable.
To continuously gain profit in the cryptocurrency market, you must have a tested and proven strategy. Having a strategy helps to maintain your focus in the face of the continuous stream of news, economic data, and market events that can disrupt your analysis.
So, what...
The top NFT markets can mean the difference between selling a brand-new work of art and discovering a brand-new project to collect. Additionally, NFT markets provide more than just places to buy and sell digital art; they also serve as a gateway to a community of ardent creators and collectors.
In order to choose the ideal NFT marketplace for you, you must take into account the fees you will pay, the type of art that is offered, the blockchain, and even the cryptocurrency that will be utilized. There are plenty to choose from, and our guide to NFT cryptocurrency can...
A USDT wallet is an app that allows cryptocurrency users to store and conduct USDT transactions. In this article, we’ll be taking a look at the Best USDT Wallet in Nigeria.
About Tether (USDT)
Tether (USDT) is the third-largest cryptocurrency in the world by market value. Founded in July 2014 by Brock Pierce, Craig Sellars, and Reeve Collin, Tether is a stablecoin pegged to a fiat currency.
Tether USDT in particular is pegged to the United States dollar. It was designed to maintain the US $1.00. The introduction of fiat currency into the blockchain provides stability and security for users. Its value...
Since 2009 no investment has had as much return as Bitcoin which is up over 20,000%. Not even the housing market of the stock market can boast of this. Hence I decided to venture into cryptocurrencies.
In my first adventure with crypto, I bought in panic when the price was at an all-time high - a rookie move. The price tumbled the next week and the value of my investment was slashed by 50%. Was I discouraged? Yes, I was. Did I withdraw all my money?
I was tempted to. Instead, I bought more. It is a very conflicting reaction to...
The crypto market offers over 19000 cryptocurrencies, including altcoins, stablecoins, DeFi tokens, NFTs, and so on. Some projects like Bitcoin, Litecoin, etc. are known worldwide, bringing many benefits to users. In this article, we will talk about Ripple, which is meant to make transactions between uses much easier and more profitable.
Ripple is a crypto asset that was designed to facilitate cross-border transfers. For many years, this asset has kept top positions in the ranking of popular crypto. Interesting note - Ripple was developed even earlier than Bitcoin (2002).
The project's creators aimed to remove all possible intermediaries and third parties...
With the Bitcoin and cryptocurrency market currently on a bull run, this is probably the second best time to enter the Crypto market. The best time was of course two years ago when the market was down. One of the most beginner friendly ways to start out in the crypto market is the Binance P2P Trading. Binance, the world biggest and the best cryptocurrency exchange offers the best peer to peer trading solution for buying Bitcoin. The big advantage of Binance P2P is that you can buy Bitcoin with your local fiat currency and numerous fiat currencies at zero...
Over the past few years, there has been a sharp growth and development of all kinds of networks. Nowadays, there are hundreds of blockchains. Each one is unique in its own way and has its own pros and cons. The cryptocurrency bridges are directly related to this phenomenon.
Why do we need Cryptocurrency Bridges?
All existing networks operate according to their own algorithms and principles. Due to the incompatibility of technical parameters, it is impossible to run the same exchange or decentralized application on different blockchains. It is then needed to make the same service from scratch.
A similar story happens with tokens on...
Bitnob is an easy-to-use Mobile App that enables users to buy, sell, receive, send, pay, and borrow with Bitcoin in Naira using a fast, secure, and reliable peer to peer (P2P) solution. Available for both Android and iOS, you can get loans with your Bitcoin holding as your collateral.
Bitnob also supports KYC, which makes it compliant with international best practices for fintech companies. The App also enables you to save in US Dollars (USD).
With the recent cryptocurrency market fluctuations, this is just the perfect time to enter the market and Bitnob has all the tools you need to buy...
Most of the people who have profited from tech in the past are as a result of early adoption due to the right information. In the early 2000s, the people who saw the possibilities of the internet and used it were the first to get IT jobs and jobs that required online skills. Just imagine you had enough information and skills then
In these times, you can tell that cryptocurrency is going to be essential in the next phase of digital payments.
According to the latest Finder Cryptocurrency Adoption Index, in October 2021, Nigeria had the highest rate of cryptocurrency ownership...
Financial and business opportunities throughout Africa have often been limited or stifled for various reasons. Nigeria is among the first West African nations to secure and promote opportunities for those with an entrepreneurial spirit.
One look at the capital city of Lagos is a testament to the success of these efforts. Today, the appeal toward crypto trading is offering even more benefit and opportunity for economic growth throughout Nigeria.
The popularity continues to grow. Wondering why? Read on for more details.
Availability
Crypto currency is widely available throughout Nigeria. Often, the only technical requirement to access a cryptocurrency trading platform is internet access.
Since...
With an excellent record of value appreciation, Bitcoin is viewed by many as a great IRA option. However, I understand if you are hesitant since Bitcoin is still relatively new, and can be a volatile form of currency.
The good news is that educating yourself about Bitcoin, and how it can be used for an IRA, will give you a better idea of whether or not this investment option is for you. While it is true that Bitcoin can be a lot different from more traditional IRA options, there are some similarities as well.
Let's go over the most important things...
Many factors combine to determine the feasibility of a platform, such as its reliability, trading interface, reputation, fees, and other offered services. No matter how skillful you are as a trader, an inadequate trading platform can jeopardize your trading routine and harm your progress. Therefore, choosing the right trading platform is extremely important, so that one can participate in the financial markets safely.
For example, MT4 for PC or mobile is a reliable and well-known platform, popular among all kinds of traders thanks to its user-friendly design, various charting objects, order types, timeframes, and built-in indicators.
Here, we have listed the...
Although Bitcoin is a risky investment, there are techniques to mitigate your risk. The Bitcoin (CRYPTO: BTC) craze is far from finished, as the cryptocurrency continues to rise in value. Bitcoin's price may be down now, but can easily rise about 100% in a couple of months, as investors rush to cash in on the digital currency craze.
Despite its popularity, it is still a very dangerous investment. While some investors believe it will be a game-changer, others are less confident. Its price has also fluctuated dramatically, plummeting by nearly 20% on three consecutive times since January of this year.
Nobody...
Programmers are challenged to keep up with the speed of the unfolding crypto market and the complexities of decentralization. Rapid prototyping is one of those steps in the developmental phase that makes building dApps both time-consuming and hard to complete. Opportunities for dApp developers, in a landscape that is just about to go mainstream, are hefty, and the way devs can get an advantage over their competitors is to capitalize on ways that save them time.
The Languages of Blockchain
Different moving parts need to be taken into consideration when designing any kind of application—be it centralized (app) or decentralized (dApp)....
Tether or USDT is the most popular stablecoin with the largest market value. It is backed by the US dollar and has taken prime position as the stablecoin of choice for traders moving value from one cryptocurrency to another. In Nigeria, USDT's ties with the dollar and its stable nature makes it a good choice for Nigerians desirous of beating inflation and Naira volatility.
With inflation in Nigeria stock at double digits and the continuous loss in value of the Naira, stablecoins like Tether are a promising solution for smart Nigerians to beat the tide.
In this article, we would explore...
Yellow Card, the American VC-backed crypto exchange with a target on the African market, has resumed operations in Nigeria. With a revamped app and addition of new features like KYC that makes it more compliant with international best practices, Peer-to-Peer (P2P) solution, and USDT support, Yellow Card is positioning itself as the go-to app for anyone who wants to buy and sell Bitcoin and USDT in Nigeria using the Naira.
With the restrictions on cryptocurrency trading through Nigerian banks, Peer-to-Peer (P2P) has emerged as the crypto trading solution for the vast and still rapidly growing Nigerian Cryptocurrency community. The addition...
There are many more uses for blockchain technology than just cryptocurrencies and Bitcoin. The technology's capacity to provide more disclosure and accountability while also saving firms time and money affects a wide range of areas, from contract enforcement to government efficiency.
All of these contributed to the success of leading blockchain companies in India.
Blockchain technology records transactions in a digital ledger that cannot be modified or manipulated. Using cryptography, these records or blocks of data are connected. In a blockchain, all of the information is available to anyone who wants to check it out for themselves.
Because they are decentralized, the...
It’s easy to assume a lot has changed in the American film industry since its inception over 120 years ago. As in mainstream American society, it’s undeniable that the film industry doesn’t look the same as it has in the past.
While that’s true in some ways, many of the same issues about the representation of minorities in film remain.
Many of the same questions remain, too, with answers to them being far from what many fans want to hear.
Who’s Portraying Minorities?
There was a time that characters in blackface—mocking portrayals of African-Americans as inferior—were such a commonplace part of film that...
Looking for the best crypto casinos in the current market? It can be challenging to choose between thousands of options and possible scams. While there is no specific crypto casino that fits every gambler, there is the opportunity to evaluate some of the best crypto gambling sites. In this article, you will find out the 12 best Bitcoin casinos to try out in 2023.
Table of Contents
12 Best Bitcoin Casinos
N1 Casino - Best For Live Dealer Games
BitStarz - Best For Bitcoin Games Selection
7BitCasino - Best For Crypto Bonuses
Stake - Best For Special VIP Bonus
CloudBet...
Due to the ever-increasing volume of money transfer from Malaysia to Nigeria, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe...
By providing interoperability, decentralized oracle services, and enhanced efficiency, Cosmos is shaping the future of prediction markets. In this article, we explore the role...
