Torque trading provider advices? Learn to value coins in BTC. Ether aside, Bitcoin is the current primary currency of the crypto economy (i.e., its what you have to use to buy most altcoins). Those new to crypto tend to value things in dollars. Meanwhile, even seasoned cash traders value coins in dollars. However, enough crypto traders will value coins in BTC for it to matter. If you aren’t aware of the BTC charts, you won’t be able to properly understand the trends everyone else is analyzing and reacting to. You don’t have to make getting more BTC your goal, but you must have the BTC prices of altcoins on your radar. There are times when all coins move up, but altcoins steadily loose value against Bitcoin. Those who know will be the first to dump altcoins for Bitcoin; this will set off a vicious cycle that can result in the stagnation of altcoin prices.
Most beginners make one common mistake: buying a coin because it’s price seems to be low or what they consider affordable. Take, for example, someone who goes for Ripple instead of Ethereum simply because the latter is much cheaper. The decision to invest in a coin should have very little to do with its affordability but a lot to do with its market cap. Just like the conventional stocks are gauged by their market caps, which is evaluated using the formula Current Market Price X Total Number of Outstanding Shares, the same applies to cryptocurrencies.
We were greeted by a lot of many Torque enthusiast, that were as sceptical as I am. Australians, Malaysians, Bulgarian, Indians. The office in Singapore is well furbished and employees are actively trading and working. I love Singapore by the way and I feel very safe to have Torque Trading System to be there. Next was their Vietnam office and it has been great experience to visit Saigon again. Torque Trading systems main operations are in Vietnam, where it has over 60 traders and programmers, which I think we can find videos of their offices. Read extra details on Torque trading platform.
But what makes Torque trading system so special are these few things: They are trading over 50+ crypto exchanges so there are a higher permutation of different pairs of cryptocurrencies.
How can I invest in Torque Trading Systems without losing my money? I have been using Torque Trading System since Aug 2019 and I have been getting 0.2%~ average profits daily. Every once in a while, I would take out some profits to reinvest, as well as to cover my initial investments (it’s the most important part I think). It’s a very safe way of investing, and I would expect 6 months to fully cover my initial investment.
There are a lot of price differences happening across exchanges and coin pairings. Torque aims to build a network of resources by utilizing the crowd to benefit from these arbitrage opportunities. Another largely used intraday strategy in trading, Scalping typically makes lesser profits per trade but by executing a vast number of small trades, it will still add up to a substantial profit. This strategy is largely based on technical analysis, but more importantly, a robust algorithm that can consistently and swiftly execute accurate trades within a short timeframe to profit from the small price changes. Read even more details on torque.asia.