DYOR is our motto here at SmartOptions = “Do Your Own Research“. In these bear times. We don’t trade much besides doing DCA down to the bottom for some major coins. But what we love to do instead, is to make our Crypto funds work for us. Meanwhile by investing some of our equity in the right ICOs. You might have seen our recent ICO SCOOPs, where we put much work into.
We try to bring you more of these reviews in these circumstances and carefully select/research the projects. But you should not rely on us alone. We want to educate you and enable you to become a DYOR ROCKSTAR! Just tangle along these metrics and should find those gems yourself: [...]
Maybe you have read about buy and sell walls already, and the talk is everywhere if you lurk into the Crypto world. On Bittrex you can see them for each trading pair if you click on “ORDER BOOK” right beside the timeline tab. That being said Binance seems to have the best order book visualization, so you might want to observe there to learn. These buy and sell walls are representing the trader’s most current trader sentiments by visualizing all placed buy and sell orders in the order book. The walls are your outlook into the future, but you have to take this with a big grain of salt. Buy and Sell walls are useful for short-term trading and to estimate if a coin [...]
“RSI Hunter is an automated tool/site that helps you find cryptocurrencies that show being Overbought or Oversold.” For this tool we want to note outside of RSI it uses other popular metrics for you to look at.
Now clearly one should know that RSI alone should not be used as a buy/sell signals. It is a is a good starting point when researching potential entries. It is a best practice to use combinations of crypto indicators with a tool like RSI Hunter.
If you are new to the RSI Indicator check out wikipedia for a clear explanation about its history and use.RSI Hunter Crypto TA
So as you can see with the above the great thing about RSI [...]
The Crypto Rulebook: The coin markets are a strict school – especially when you are new to the topic and just tapping in. There are 1001 ways to get burned quickly, and suddenly you hold more bags than on a shopping tour with your girlfriend. Unfortunately bags of shitcoins instead of lingerie. Cryptocurrencies are soaring, and therefore you will notice a growth of worthless altcoins and scammy projects.
In this post, we collected the most important learnings for cryptocurrencies and projects – use it as a rulebook and you will be happier with your results!The Crypto Rulebook: Investing in Cryptocurrencies It is normal to have a massive loss from [...]