What is personal finance and why does it matter With StormGain
Personal finance is about managing your income according to your financial situation and creating a budget for how you spend and save your money.
Personal finance involves evaluating your income, your financial needs, and your expenses and allocating your money accordingly.
Keeping track of your income and how you save and spend your money is called budgeting.
Managing your money can help you live a self-determined and secure life.
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Bitfinex Review
A wide range of services, trade pairs, and order types
Low trading and withdrawal fees
Very easy to use
Low trading and withdrawal fees
Very easy to use
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Top Three Trading Charts Explained with StormGain
The trading chart is a vital tool which provides a wealth of trading information at a glance. Cryptocurrency traders use trading charts to track historical price movements of vario...
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DeFi vs. CeFi: What are the differences in BYDFi
While some industry experts and analysts believe that DeFi will eventually take over CeFi, it is too early to be sure about such claims. In this article, we have discussed some of the key differences and similarities between CeFi and DeFi.
Bitcoin introduced the world to a whole new set of blockchain-based financial applications. CeFi (Centralized Finance) has been around since the time Bitcoin first emerged. However, a new trend has come into view in the form of DeFi (Decentralized Finance), which has garnered a lot of attention over the last year.
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How to Trade Bitcoin (BTC) in BYDFi
What is Bitcoin trading?
Bitcoin trading is how you can speculate on movements in the cryptocurrency’s price. While this has traditionally involved buying bitcoin through an exch...
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BYDFi Review
Clean and Very easy to use
Low fees
Regulated in four jurisdictions
No forced KYC
Great promotion
Low fees
Regulated in four jurisdictions
No forced KYC
Great promotion
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How to Trend Trade Crypto for Beginners in BYDFi
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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5 Easy Strategies for Beginners to Earn on Cryptocurrencies in BYDFi
If you're just making your first steps on the cryptocurrencies market you may benefit using these simple strategies.
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Top 10 Cryptocurrency Traders To Follow with BYDFi: Best TradingView Chart
There are dozens of highly skilled crypto traders freely sharing their ideas for you to learn from. You just have to know where to find them.
Here, we’ve compiled a list of 10 top crypto traders to follow on TradingView who share their charts and knowledge on a regular basis.
Remember: don’t just copy trades
It’s never a good idea to copy crypto trades. You can’t possibly know all the nuances that go into someone else's setup. You also won’t manage the trade like the owner will.
Traders are always going to have different ideas. Different time frames, setups and methods all lead to polarizing outlooks. Use the ideas of traders on TradingView as a point of reference – don’t just blindly follow.
Watch and learn from the TradingView charts. See what has been done well, start to learn what works and what doesn’t. Use the trades of others to fuel your trading knowledge and become the best trader you can be.
Take what you learn and apply it to your trading on BYDFi, whether you’re trading spot or margin.
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How to Trade Stablecoins Safely on BYDFi
The supply and overall volume of stablecoins has been on the rise recently — even more so with the newly found interest in digital currency of the U.S government. Earlier this year, the Federal Reserve announced that it was considering issuing its own digital currency. Federal banks have already been authorized to hold stablecoins in bank reserves. Who knows if a stablecoin called Fedcoin is coming on the way? Similarly, the European Central Bank might seriously study the possibilities of the digital euro by mid-2021 as well as ways to integrate it into the current Eurosystem.
If a final decision is to take place by the governments, stablecoins are expected to boost the spread and efficiency of e-commerce and potentially reshape the current economy. Read on to discover why stablecoins are gaining so much attention, and how you can start trading stablecoins on BYDFi.
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5 Popular Crypto Day Trading Strategies - Can I Make a Living by Day Trading Cryptocurrency with BYDFi
As a trader, you can choose between a variety of trading strategies. While some are suitable for short-term earnings, others offer better long-term investments. However, if you are interested in minimal investments and short-term results, you should consider day trading. Day trading isn’t a new concept, per se. It has been around in financial markets for decades now.
More importantly, day trading is broad in that you get to deal with various assets, including but not limited to stocks, forex, and cryptocurrencies. However, day trading with crypto is not as simple as it seems. It would be best to consider a few aspects before starting your cryptocurrency day trading hobby or career.
In this handy guide, We want to help users to understand the basics of day trading in the context of crypto trading.
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How do Swing Traders Make Money in BYDFi
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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