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From the Bitrue blog. | 15.5.2023–21.5.2023 |FETH Token Challenges PEPE, DOGE, and SHIB in Meme Coin Space — The dominance of meme coins like...

From the LBank blog. With prices of cryptocurrencies swinging widely within minutes, it can be easy to miss potential opportunities or experience FOMO in...

From the LBank blog. With prices of cryptocurrencies swinging widely within minutes, it can be easy to miss potential opportunities or experience FOMO in...

From the Hyobi blog. Investing in cryptocurrencies can be a daunting task. With so many different tokens, exchanges, and instruments available, it can be overwhelming for a beginner to start.  But when it comes to strategies, there are ways that one can leverage on the tools made available on an exchange to invest in cryptocurrencies.  1. Leverage on a savings account while waiting to buy in  Most exchanges these days do provide an interest-earning Savings Account, where you can deposit a supported cryptocurrency to earn interest by just leaving your cryptocurrency inside.  For example, you are looking to purchase Bitcoin and you have a target price in mind. Instead of leaving fiat money (like USD and EUR) in the bank earning low interest (bank savings interest rates in the US average about 0.03%, and in the EU it can be even lower), you can convert that fiat money into USDT (a cryptocurrency call Tether that is pegged to the USD) which can earn you more than 6.5% APY interest (rates may vary over time) on Huobi Earn.  This allows you to accumulate ~1.7 USDT per day with a deposit of 10,000 USDT. This way, while waiting for your target price to hit, you will be earning an extra ~1.7 USDT every single day. It will also give you additional USDT to purchase more BTC.  Once you have purchased your Bitcoin (BTC), you can also do the same by depositing BTC into Huobi Earn to accumulate interest while waiting for your selling price to hit.  Though the interest for BTC might be lower, but one should keep in mind that the interest is paid in BTC which will rise and fall in value based on the market price. You can also enable the ‘Auto Transfer’ function that will automatically transfer your interest back into the savings account allowing you to compound your cryptocurrency!  By adopting this strategy will enable you to earn extra tokens by generating interest while waiting for your target buy or sell prices.  2. Grid Trading  Grid Trading is a bot trading feature on Huobi that allows you to set parameters on your purchases on various cryptocurrency pairs like BTC/USDT, ETH/USDT, XRP/USDT and many more.  By filling in the upper limits (Maximum buy price) and the lower limits (Lowest buy price), it will tell the bot to purchase the cryptocurrency based on Grids.  Each grid is a price range of the cryptocurrency.   For example:  Cryptocurrency A, current price = $1,000  Upper Limits: $1,500  Lower Limit: $800  Grid: 10  This means that at every grid, the price range is $70, .   If Cryptocurrency A reaches $930, a buy order will be executed. Once this buy order is executed, you will own a small amount of cryptocurrency A.   When the price goes up to $1,070, a sell order will be executed, and you will profit 7% based on that grid.   Conversely, if the price falls the bot will continue to buy at each grid point, effectively Dollar Cost Averaging your purchases. However, no orders will be placed once it goes below the Lower Limit of $800.  You can close the bot at any time to take profit or realise losses, upon closing the bot, you have 2 options.  Close and sell – This will sell the cryptocurrency at the best available market price to return USDT to you  Close only – This will allow you to keep the amount of cryptocurrency that you have bought through the bot in case you want to wait for a better price to realise your gains or losses at.  Grid trading is advantageous for people who don’t have time to trade and for people who need a system to handle the emotional aspect of trading for them. We’ve got a really handy Grid Trading guide that will tell you more about our system.  3. Long-Term and Short-Term Trading  When it comes to trading cryptocurrencies, it can be quite tricky because it is difficult to know when the dips are or when the peaks are approaching.  By adopting Dollar Cost Averaging, you can purchase your choice of cryptocurrency on a recurring basis, allowing you to buy the cryptocurrency at different price points and ideally allowing you to accumulate the cryptocurrency that you have chosen during a downward trending market. However, in an upward trending market, this strategy might not be the best strategy to deploy because you will be averaging up the purchase price of your cryptocurrency  Conversely, adopting a lump sum purchase strategy can increase your yield if you have bought the cryptocurrency near the lowest point. However, this strategy comes with the risk of purchasing too early during a downward trend and you might end up bag-holding your cryptocurrency until the market turns upward again.  New to Huobi? Register for a Huobi account and receive up to $5,672 as a ‘Welcome Bonus’ to help you start your investment journey! If you’re an existing user, check out Huobi Earn and start earning interest on your idle cryptocurrencies.  相关 This article came directly from the Hyobi Global blog, found on https://blog.huobi.com/crypto-investment-strategies-for-beginners/

From the LBank blog. Cryptocurrency has been a roaring success in recent years, with more and more people investing in digital assets like Bitcoin...

From the LBank blog. In the world of derivatives trading, there are two main types of contracts: perpetual contracts and traditional futures contracts. While...

From the LBank blog. Cryptocurrency futures are distinct financial trading instruments that offer leverage, allowing traders to amplify their potential returns. Futures contracts are...

From the LBank blog. Cryptocurrency derivatives have gained much attention in recent years, with increasing numbers of traders looking to capitalise on the volatility...

From the LBank blog. Cryptocurrencies have been incredibly volatile since their inception. This makes them incredibly risky investment vehicles, as the value of your...

From the LBank blog. Cryptocurrencies have been incredibly volatile since their inception. This makes them incredibly risky investment vehicles, as the value of your...

From HitBTC. Merry Christmas!Past week was fairly quiet. The CVI is down (66.6 at press time), fear and greed index is flat (29) and...

From HitBTC. What's new on HitBTCOn November 7th, we burned a total of 22,633,768 HIT tokens (about 3 million USDT). We determined the amount...

From HitBTC. Volatility is one of the hallmarks of cryptocurrency. Although trading strategies often evolve around the high volatility of crypto, managing your finance...

From the Hyobi blog. The recent depegging of HUSD has once again thrust stablecoins into the spotlight, adding to mounting calls for their regulation...

From the LBank blog. Many reported losing their cryptos through ads, posts and messages on social media platforms. They stated that they were lured...

From the LBank blog. Many reported losing their cryptos through ads, posts and messages on social media platforms. They stated that they were lured...

From the Hyobi blog. Lily Zhang Huobi Group CFO Mention Argentina and one may think of its sultry tango dance, or the renowned steaks from its...

From the Hyobi blog. Learn about the different types of stablecoins available in the cryptocurrency market today Last week’s depegging of stablecoin HUSD and its...