A Common Programmer Becoming Millionaire Thanks to Bitcoin
A person who refuses to his real name and introduces himself as Mr Smith bought bitcoins back in 2010. He spent three thousand dollars to do it when the first-ever cryptocurrency cost next to nothing and very few people realized its...
Movement in the order book: Trend and Manipulation
As mentioned in the previous publication, the order book may be a useful aid in determining the trading strategy on the cryptomarket.
Trend
The information in the order book clearly reflects the predominating market sentiment — buy or sell...
Is it Better to Invest in ICO or in the Existing Cryptocurrencies?
Many novice crypto market investors face the problem of choosing the most profitable investment option: ICO tokens or the existing cryptocurrencies. Let's review the key risks and advantages of both options.
ICO tokens
ICO...
What is an Order Book on the Cryptoexchange?
An order book is a serious and efficient tool that can be used to analyze the cryptocurrency situation. This is how it works.
Buying and selling
The order book is a visualization of bids and asks on the exchange. It provides you with in-depth...
Scam or No Scam — This is the Question
All of you probably know that “scam” literally means con or fraud. However, in the online world, this term has a narrower meaning — raising funds for an allegedly promising project that will then disappear together with the investors' money.
Pre-Scam...
Cryptocurrency Trading Strategies: Arbitrage
In previous publications, we talked about some popular trading strategies, such as scalping and news based trading. Today, we'll tell you about another strategy — arbitrage.
The arbitrage strategy is when a trader trades on multiple exchanges. They...
Hashing and Hash Rate as the Basis of the Cryptocurrency World
The world of cryptocurrencies is full of terms which are worth knowing in order to understand how the market operates. Let's have a look at the concepts of hash rate and hashing.
Hashing
Hashing is finding a solution to a math...
Cryptocurrency Trading Strategies: News Based Trading
It is rightfully assumed that cryptocurrency prices are strongly affected by news. News based trading is one of the popular methods to trade on cryptoexchange. Let's have a closer look at some of the fundamental principles you need to adhere...
Cryptocurrency Trading Strategies: Scalping
Cryptocurrencies as a trading asset have not been around for long, but many traders have figured out pretty fast that cryptocurrency trading has its own patterns which allow to develop trading strategies. One of these strategies is scalping.
Basics...
Hodlers as the Basis of the Crypto Market
The HODL strategy on the cryptocurrency market refers to an investor holding onto their assets despite all events.
I AM HODLING
The term “HODL” is derived from a misspelling by a Bitcoin investor back in 2013 when a post titled “I AM HODLING” was...
Bears pushing down: what is the bear trend in the cryptocurrency market?
Last time, we told you about the bulls in the cryptocurrency market. Today, we are going to talk what the bears do.
The bears attack from above
Many traders believe that the bears attack their prey swiping its paws...
Almost everything can be bought with Bitcoin
And that’s true indeed. Despite constant rumors about the approaching Bitcoin banning, it becomes ever more firmly entrenched in everyday life. It is also misleading to consider it just as an investment tool, since it has already been actively used...
Bulls Pushing Up: What is the Bull Trend in the Cryptocurrency Market
The cryptocurrency market is governed by two types of traders — the bulls and the bears. Today, we're going to review what the bulls do.
Why the Bull?
As traders themselves say, if the bull attacks it's always from the...
Trust your money to no one
Beginning traders often get hooked by "experienced investors" who offer their services regarding some "profitable" investment, promising only profits and no losses. But most of the time, such proposals are cover for amateurs seeking to make money at someone else's...
PRIZM trading has been resumed
Dear friends, all issues with the PRIZM (PZM) cryptocurrency have been fixed and it is available for trading again! You can start trading PZM right away!
Sincerely yours,
SIGEN Team
Pumping: what it is and what to do
The unregulated nature of the cryptocurrency market allows crypto traders to engage in so-called "pump and dump" schemes, i.e. buying up and selling off cryptocurrencies on a large-scale.
What does "pump and dump" mean in simple terms?
A pump (pumping) looks...
1). 11 languages available: English, Chinese, Russian, Spanish, French, Arabic, Hindi, Indonesian, Burmese, Portuguese, and Turkish.
2). 24/7 operations, no weekends.
3). Regular addition of new cryptocurrencies for exchange.
The following cryptocurrencies are currently available for exchange...
70% of cryptocurrency exchanges allow user accounts to have weak passwords. SIGEN does not.
The creators of the Dashlane password manager analyzed the password requirements imposed by cryptocurrency exchanges.
They concluded that over 70% of all cryptocurrency exchanges allow users to use weak...
Hidden Order: Why You Need It and How You Can Submit It
For certain reasons, some investors prefer to hide large-size orders submitted for trading. These orders are the so-called “hidden orders”.
A hidden order allows the trader not to display the real number of buy / sell transactions for...
Cryptocurrency Trading: Where to Start
Investing in cryptocurrencies attracts more and more people, as does cryptocurrency trading. However, before entering the cryptocurrency market, one should do certain things to create a solid base for further success.
Sources of knowledge
First, you need...