Ocean of Crypto Currencies, a Profitable Rollercoaster

This year we can observe that cryptocurrencies move more evenly up to 15% in value per day. Such price changes are known as a recession. But what if … this completely normal and sudden change is a characteristic of cryptocurrencies that allows you to make a profit?
hotels flights
First of all, cryptocurrencies have made it to the mainstream recently, so all the news about them and rumors are “hot”. After each statement by government officials about the possible control or restriction of the cryptocurrency market we observed many price movements.

Second nature of cryptocurrencies is more like a “value store” (like gold before) – many investors consider this backup option to invest in stocks, physical assets such as gold and fiat (traditional) currencies. Transfer speed also has an influence on cryptocurrency vulnerabilities. With the quickest, transfers will last even a few seconds (up to a minute), what makes them an excellent asset for short sales, while currently not a good trend among other races. of properties.
priceline flights
What everyone should think about – that speed will also go for the life-changing trends of crypto currencies. While in the usual market trend it can last for months or even years – here it can happen within days or hours.

This brings us to the next point – even if we are talking about a market worth hundreds of billions of US dollars, it is still a small amount compared to the average daily sales compared to the usual market in money or stocks. As a result an investor making 100 million transactions in the stock market does not cause a major price change, but in the size of the crypto currency market it is an important and noticeable transaction.
trivago
As crypto currencies are digital assets, they are subject to technical and software updates on cryptocurrency features or expanding blockchain collaboration, making them more attractive to potential investors (such as activation in SegWit which causes the value of Bitcoin to double).

These elements combined are the reasons why we have observed so much price fluctuations in the price of cryptocurrencies in two hours, days, weeks and so on.

But the answer to the question from the first paragraph – one of the classic rules of marketing is to buy cheap, sell high – so there is a short but fast trend every day (instead of the more vulnerable ones are week or month as stocks) provides more opportunities to earn a decent income if used properly.