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Features to Look for While Getting Yourself a Crypto-Trading Bot

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To understand exactly what is needed in a Crypto-Trading Bot , it is essential to understand what they are, a trading bot is a software program that networks unswervingly with financial exchanges (often using API’s to obtain and interpret relevant information) and places where you can buy or sell orders on your behalf relying on the reading of the market data. The bots make these conclusions by monitoring the market’s price program and responding according to a set of predefined and pre-programmed guidelines. Characteristically, a trading bot will analyse market activities, such as volume, orders, price, and time, though they can usually be programmed to suit your own tastes and partialities. Now that you’ve understood what they are and how they perform, here is a list of features that you ought to keep in mind to make sure that you make some profits: 1. Reliability One of the most significant aspects to deliberate on is the reliability of a trading bots consistency. You...

Cryptocurrency Trading: Understanding Pump & Dump for Utility Tokens

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This is when persons manipulate developments of a certain token that they are interested in, as most tokens are marketed as being utility based it is simple to manipulate the market. To understand how this works it is imperative how utility and utility token works and affect the economy. Utility, according to economists is the measure of happiness, enjoyment or a sense of security that a person receives from a commodity or a service in comparison to many other commodities. Utility is basically seen as a measure of the value of one particular commodity, for various different people. In economics it is usually assumed that an individual is rational, if utility is maximized in their care about money and life, that is to say that if an individual chooses one particular commodity from among many such in a group, the rationality of the individual is based on whether his option outweighs the rest in propelling their satisfaction. For example: if Sarah is given a choice between having ...