Coinrule – Page 7 – Latest Product Releases, Coinrule Collaborative Roadmap and Algorithmic Trading Conversations

Finding Your Trading Style: A Guide to Popular Crypto Trading Strategies

By Hendi Wishnu | August 19, 2024August 26, 2024 by Hendi Wishnu

When it comes to trading cryptocurrencies, there’s no one-size-fits-all approach. The diverse nature of the crypto market demands that traders find a trading style that aligns with their unique goals, risk tolerance, and time commitment. Whether you’re drawn to the fast-paced world of day trading, the precision of scalping, or the patient approach of swing trading, understanding the strengths and weaknesses of each method is essential. This guide will walk you through some of the…

Trading Tips

7 Essential Tips for Securing Your Crypto Trading and Controlling Risk

By Hendi Wishnu | August 16, 2024August 26, 2024 by Hendi Wishnu

To do crypto trading in a responsible manner, you need to do more than keep track of how much money you are buying and selling. Trading should not be based on your emotions, but you need to control it. You must also take responsibility and know if what you do is really beneficial to you. This requires that you manage different aspects of your trading behaviors. This does not begin and end at the buy…

Crypto Automated Trading

Widowmaker’s Exit – How the End of the Japan Carry Trade Impacts Bitcoin

By Oleg Giberstein | August 9, 2024August 12, 2024 by Oleg Giberstein

The Widowmaker trade is a term used in finance to describe a trade or investment strategy that has historically led to significant losses for those who attempt it. The Widowmaker trade became famous in the 1990s and 2000s. One of the most famous “widowmaker trades” was a bet on the price of Japanese Government Bonds (JGB) going down. Given the Japanese government’s ever-growing debt levels, many traders assumed that the Bank of Japan would not…

Crypto Automated Trading

Pain Trade

By Oleg Giberstein | July 26, 2024July 26, 2024 by Oleg Giberstein

With some exceptions, Ethereum has been a pain trade throughout most of this cycle. Major rallies for Bitcoin, Solana, and various meme coins saw the majority of gains this cycle. Ethereum is still up considerably from its 2022/23 lows but relatively less. But this was about to change, or so the expectation of many went. Ethereum Spot ETFs finally began trading on July 23rd. This marks a major milestone for the cryptocurrency market after the…

Crypto Automated Trading

Bitcoin Patience: Navigating Post-Bitcoin Rally Challenges

By Oleg Giberstein | July 12, 2024July 26, 2024 by Oleg Giberstein

It is easy to tell the story of Bitcoin’s price movement this year. We first saw a nearly parabolic rise in price following the ETF approval. Bitcoin’s value then fluctuated between $60,000 and $70,000 for several months. Momentum was building up for a breakout either upwards or downwards. The more the traditionally slower summer months approached, the less likely another upward move became. Now that we have seen a clear break below $60,000, any bullish momentum is over. Now, patience…

Crypto Automated Trading

Summer Red: Bitcoin’s Retreat and the Impact of Mt. Gox

By Oleg Giberstein | June 27, 2024July 26, 2024 by Oleg Giberstein

The bull market of 2024 has lost steam because of the Bitcoin release by Mt. Gox. Bitcoin’s price, which was initially pushed up by ETF flow and the momentum surrounding its halving, has been slowly retreating since it briefly reached a new all-time high in March this year. Altcoins are mostly experiencing a depressing market in 2024. Except for a brief memecoin frenzy, the prices of most projects have steadily declined since early in the year. The market is…

Announcements

Protect Yourself from Coinrule Web3 Impersonation Scheme

By Oleg Giberstein | June 18, 2024August 23, 2024 by Oleg Giberstein

Protect Yourself from Fraudulent Websites In the rapidly evolving world of cryptocurrency, scams are becoming increasingly sophisticated. One particular threat that Coinrule users should be aware of is the emergence of fraudulent websites impersonating our platform. These malicious sites, often using names like “Coinrule-web3,” are designed to deceive and exploit unsuspecting users. This article aims to raise awareness about web3 scam sites and provide essential tips to help you stay safe. What is the…

Trading Tips

How to Choose the Best Crypto Trading Platform

By Hendi Wishnu | June 15, 2024July 26, 2024 by Hendi Wishnu

Imagine a situation: you suddenly need to start trading cryptocurrencies. What do you do? There are several trading platforms available, each with its advantages and disadvantages. Firstly, centralized exchanges (CEX) are reliable and user-friendly, but they require account verification and may have security concerns. Secondly, decentralized exchanges (DEX) offer more privacy and control but can be complex for beginners. Today, we will delve deeper into how to choose the best crypto trading platform. Key Factors…

Crypto Automated Trading

Crypto Echo Bubble in 2024: Is the Market Setup Turning Bullish?

By Oleg Giberstein | June 13, 2024July 26, 2024 by Oleg Giberstein

An Echo Bubble is not a concept familiar to traditional finance traders. In crypto, the concept of echo-bubble was popularised by the famous trader GCR. It’s the idea that a mini-bubble ‘echoes’ a previous big bubble in a subsequent period. In 2019, the markets saw a short-lived crypto echo-bubble that followed the 2017 rally. Given how immense the 2021 Bitcoin and the crypto market grew into an All-Time High (ATH), many traders anticipated a significant…

Crypto Automated Trading

ByBit Futures Automated Trading Now Live on Coinrule

By Oleg Giberstein | June 12, 2024July 26, 2024 by Oleg Giberstein

We are excited to announce that Coinrule has integrated support for Bybit Futures, enhancing our platform’s offerings and giving our users even more flexibility to automate their Futures trading strategies efficiently. What Does This Mean for Coinrule Users? Leverage Trading Bybit Futures support introduces one of the largest leverage trading exchanges to Coinrule users, allowing them to control larger positions with smaller capital. Leveraged trading can amplify profits, and Coinrule users can now explore…