Coinrule

Crypto Wallet Explained: How to Store and Manage Your Assets

By Hendi Wishnu | August 28, 2024September 2, 2024 by Hendi Wishnu

In the rapidly evolving world of cryptocurrency, securing and managing your digital assets is crucial. A crypto wallet serves as the gateway to your holdings, enabling you to send, receive, and store various cryptocurrencies safely. However, understanding how these wallets work and the differences between them is essential for protecting your investments. Whether you’re a seasoned trader or a newcomer to the crypto space, this guide will provide you with the knowledge needed to choose…

Trading Tips

How to Avoid the Biggest Crypto Trading Mistakes

By Hendi Wishnu | August 27, 2024 by Hendi Wishnu

Crypto trading offers tremendous opportunities, but it also comes with significant risks, especially for those new to the market. Many traders, because of eager to capitalize on the potential profits, they tend to forget how to avoid trading mistakes and dive in without fully understanding the complexities of the market. This can lead to costly trading mistakes that could have been easily avoided with the right knowledge and preparation. This article will explore the most…

Crypto Automated Trading

Darkest Before Dawn: Crypto Market Stalls Amid Bad Sentiment

By Oleg Giberstein | August 21, 2024August 26, 2024 by Oleg Giberstein

As the once vibrant world of crypto finds itself in the throes of late summer sluggishness, the excitement that once-fueled meteoric rises has given way to a growing sense of bad sentiment. Market activity has stalled, with major players like Bitcoin barely moving, and the enthusiasm surrounding emerging technologies and new projects has faded. What was once a space of boundless innovation and opportunity now feels mired in disappointment, as traders grapple with the realization…

Trading Tips

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

Secure Your Crypto Trading: 7 Essential Tips

By Hendi Wishnu | August 16, 2024January 4, 2025 by Hendi Wishnu

To do crypto trading responsibly, you need to do more than keep track of how much money you are buying and selling and also secure your crypto trading. 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 beneficial to you. This requires that you manage different aspects of your trading behaviors. This does not begin and end at…

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…