Filecoin (FIL) price prediction 2023-2025 with BitForex
As the blockchain industry develops, the range of services offered by blockchain projects is expanding. Of course, it was only a matter of time before blockchain developers got to the cloud storage market. It's a growing segment, and, given the speed at which data is being created, it makes sense that the need for additional storage space continues to grow. On top of that, established data storage solutions are centralised and therefore vulnerable to attacks. Until recently, cloud storage services were the domain of big companies that own large centralised data warehouses. One project aimed at competing against the monopoly of cloud server companies is Filecoin. In this article, we'll explore this project, the associated FIL cryptocurrency and their future.
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How to Manage your Crypto Portfolio with BitForex
Being a part of the crypto community means one thing: You get to talk to many people, helping them find answers to questions about whether they should invest in a particular project or not. But merely seeking investment guidance or expert opinions is not always plausible. There is never one size that fits all. What worked for others may not always work for you. That is why it is also essential that you have devised the investment strategy that can help you maintain a balanced crypto portfolio. Below, we have discussed some of the easy ways you can achieve your crypto investment goals with the help of an effective portfolio diversification strategy. But before we get into that, we will answer what is a crypto portfolio in the first place.
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Bitcoin is preparing for a new supercycle in BitForex
After two months of consolidation, a fake news impulse was enough for Bitcoin to climb to its key resistance level. Recent metrics indicate a swift breakthrough above $40,000 in th...
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5 Easy Strategies for Beginners to Earn on Cryptocurrencies in BitForex
If you're just making your first steps on the cryptocurrencies market you may benefit using these simple strategies.
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Trend Trading Strategy with BitForex
Have you tried a trend trading strategy that goes like this? You identify an uptrend. You go long. The trend reverses — and you get stopped out. Then you start wondering… “Is the trend really my friend? If so, why do I keep getting stopped out?” Here’s why: A new trader looks for a trend and enters a trade. But… A seasoned trend trader looks for a specific type of trend, stalks the best entry, let the market comes to him — and then enters a trade. Now if you want to trade trends like a pro, then this trend trading strategy guide is for you.
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How to Trend Trade Crypto for Beginners in BitForex
Capturing gains by riding the momentum of market trends takes on a whole new meaning in the world of cryptocurrency. Yet tried and true strategies have many crossover points between traditional and crypto trading. In this article, you can learn the fundamentals of trend trading and see how they apply to digital assets like Bitcoin.
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How do Swing Traders Make Money in BitForex
Trend trading and day trading could easily be the most popular trading strategies out there. Across the world, in different markets, thousands of traders are involved in both. However, something that does not quite get the reputation it should is swing trading. The fundamental trading strategy can potentially generate a lot of profit and works with a multitude of asset types. Cryptocurrencies are the kind of assets you can swing-trade. In this guide, we have explained the basics of swing trading in the context of the crypto ecosystem. We hope this helps you get the required jump-start in the domain.
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How To Short Crypto in BitForex
Were you left wondering how to keep profiting when cryptocurrency markets entered their recent correction phase? Look no further and learn how various crypto shorting strategies can help you hedge risk while significantly improving profit opportunities. So let’s get you started on how to short cryptocurrencies like Bitcoin and Ethereum, or even Dogecoin.
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