Support and Resistance in Cryptocurrency Trading: How to Determine Them
If you’re new to cryptocurrency trading, you might have heard the terms “support” and “resistance” being used a lot. These terms are important because they help traders identify key price levels at which they can make decisions about buying or selling. In this article, we’ll explain what support and resistance are, and how to determine them when trading cryptocurrencies. What is Support and Resistance? In technical analysis, support is a price level where buying pressure […]
Understanding Price Aggregators in Crypto: How They Work and Why They Matter
If you’ve ever traded cryptocurrencies, you’ve probably used a price aggregator at some point. Price aggregators are an important tool for crypto traders, as they help to ensure that traders are getting accurate and up-to-date pricing information for the assets they are trading. In this article, we’ll explain what price aggregators are, how they work, and why they matter in crypto trading. What are Price Aggregators? Price aggregators are tools that collect pricing data from […]
Understanding Pivot Points in Crypto Trading: A Key to Successful Trading Strategies
As a crypto trader, you’re probably always looking for ways to improve your trading strategies and increase your chances of making profitable trades. One tool that many traders use is called Pivot Points. Pivot Points are a popular technical analysis indicator that helps traders identify potential support and resistance levels in the market. These levels can be used to determine entry and exit points for trades, as well as to set stop-loss and take-profit levels. […]
Understanding Market Capitalization in Cryptocurrency
Market capitalization, or market cap for short, is a metric commonly used to measure the size of a company in the stock market. It’s calculated by multiplying the current price of a company’s shares by the total number of outstanding shares. However, market capitalization is not exclusive to the stock market – it can also be applied to cryptocurrency. In the world of crypto, market capitalization is calculated in a similar way. Instead of shares, […]
Understanding NFTs: What They Are and How They Work
In recent years, a new type of digital asset has emerged called non-fungible tokens (NFTs). These unique digital assets have been making headlines in the art world and beyond, with some NFTs selling for millions of dollars. But what exactly are NFTs, and how do they work? In simple terms, an NFT is a type of digital asset that is unique and indivisible. While traditional digital files such as images, videos, and music can be […]
Multi-Signature Wallets: An Introduction to Secure Crypto Storage
In the world of cryptocurrency, security is of utmost importance. With the rise of digital assets, it has become more crucial than ever to keep your crypto safe and secure. This is where multi-signature (or “multi-sig”) wallets come into play. A multi-sig wallet is a type of cryptocurrency wallet that requires more than one signature to authorize a transaction. This means that multiple people or devices must sign off on a transaction before it can […]
What is a Crypto Portfolio and Why You Need One
A crypto portfolio is a collection of cryptocurrencies that an individual or an organization holds as an investment. Cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, are digital assets that are secured using cryptography and decentralized ledger technology. They are traded on online exchanges and can be bought and sold just like traditional stocks. Having a crypto portfolio allows you to diversify your investments and potentially generate returns. The idea behind having a crypto portfolio is […]
Managing Your Cryptocurrency Portfolio: A Guide to Building a Diverse Investment Strategy
Cryptocurrency has rapidly grown in popularity in recent years, and many individuals and institutions have taken notice of the potential for significant returns. But with the rise of crypto comes the need for a solid investment strategy to make the most of these opportunities. Enter the cryptocurrency portfolio. A cryptocurrency portfolio is a collection of different cryptocurrencies that an individual or organization holds as investments. The idea behind a portfolio is to diversify investments and […]
How to add your wallets to FusedFolio
In a previous article titled “How to add your exchange to FusedFolio“, I showed you how you can add an exchange to your FusedFolio account. In this article, I will show you how you can add your wallets. In comparison to adding an exchange, adding a wallet is rather simple and very safe! All you need is your address. Yes, that’s it! Crypto addresses on most blockchain networks are inherently public. Unlike your private keys, […]
How to add your exchange to FusedFolio
So, you want to start tracking your exchange accounts using FusedFolio but don’t know how? It’s simple! I will show you. The only thing required is an API that needs to be created on the exchange in concern. When you create an API, your exchange will likely provide you with an API key and secret. Some exchanges may also provide additional details, such as an Account ID. Head over to your exchange, sign into your […]