If you’re looking to Bot Trade the crypto coin??STORJ then we have details on how to do that below, trading is much better than holding (or hodling as some say) as you can increase your investment sum as well as the value of that investment over time. So you can trade??STORJ and other coins too if you’d like and increase the balance that you have of that coin, all while the value of that coin increases too which means very big profits.
So the best way to trade??STORJ is to follow these steps, we cover all that you need to know for trading??STORJ and other alt-coins so that you can make easy profits:
- There are a few different accounts that you are going to need to open those first, the first is Binance as this is where you will be trading your??STORJ. Binance is easily the best crypto trading platform as it has by far the lowest fees, has the best coins and is also very easy to use.
- The second account is Coinbase, this is where you buy the initial Bitcoin (you trade in Bitcoin so use it to buy and sell??STORJ). We recommend that you start with a small amount while learning to trade but enough to cover several concurrent trades as you need those as you’ll never be 100% successful in all trades so you need a good amount to allow for the occasional one that goes bad (they’re not bad for long though as you just hold these until the price increases so that the bot can sell them), so we recommend $150 to cover this.
- Once you have bought some Bitcoin you simply need to send it to Binance so get your Bitcoin wallet address from Binance and then use that on Coinbase to send all of the Bitcoin to Binance.
- So once the funds have arrived you are ready to start trading, but in order to do that you are going to have to understand indicators as these are what are used to signal that a buy or sell is needed. The best thing to do is to go to TradingView and use the interactive chart for??STORJ,??have a look at the indicators for data like RSI, MACD, SMA, EMA and Bollinger Bands as these can all be used to signal your bot to buy (or sell). So the best thing to do is to simply play with those indicators and try to match them up to the highs and lows of the??STORJ price, so for example when the RSI is low the price is generally low or you can use crossovers for indicators like MACD, SMA or EMA as they usually indicate a price increase.
- So once you understand the indicators (just experimenting on TradingView is easily the best way to do that although there are lots of guides online) you are going to need a trading bot and by far the best is??Profit Trailer. This is because it’s very fast and effective, most bots are slow and so miss opportunities or sell too late and so can ruin your trading business but Profit Trailer is so fast and effective so is easily the best choice. You will need to download the bot and run it and then set it up, you will need to enter your Binance API keys and then set up your settings (see the Profit Trailer Wiki for great information on that).
- So enter your settings and use the Wiki to understand them, use those that you have used on TradingView and that you can see work for??STORJ which means a very high chance of success. Even if you are only planning on trading the one coin (STORJ) you still need to have several STORJ positions open so be sure to use a percentage of your balance like 10% for each trade as not all will succeed (they will eventually but you will have to wait on the failures for the price to increase enough to sell again, which the bot automatically does), so having lots open means that most will succeed so you keep the trading going at all times which means more profit.
- You then need to have a selling strategy and Profit Trailer can use lots, we find though that a simple Gain amount with the trailing feature turned on is the most successful (so it will sell at likely the highest amount possible before the price falls back down). So if you are only trading??STORJ it’s much better to trade rather than hold, see??Compound Daily for an idea of how you can grow your investment, at the same time as the price is generally increasing over time too so huge profits!
- To withdraw your profit you are going to have to transfer Bitcoin (or any other altcoin that Coinbase support) back to Coinbase and then transfer the funds to your bank account from Coinbase as Binance don’t allow you to withdraw to a bank account.
- Don’t withdraw all of your funds though, it is better to keep it growing and so withdraw a small amount like 20% per month so that the total investment grows and so do your profits.
- Lastly, don’t fall for any scams as there are so many in the crypto world, the companies mentioned here are 100% safe and that’s easily verifiable online as they are huge companies. If something sounds too good to be true, it is!
So that is how you can Bot Trade STORJ and make a lot of money doing so. Holding does just that, as the value of the coin increases you obviously make money, but if you are trading??STORJ at the same time then you are going to increase your investment size too and so profit much more.
Further tips on??STORJ Trading
Cryptocurrencies are becoming more famous by the day, and many new investors want to know.??The fascinating part of this companies trading bot is that it is available 24X7, 365 days a year for traders.Coinbase is one of the best friendly exchange for the beginners. It has its headquarters in the place of San Francisco, California.
It grew up to 30,000% in 2017 which shows its potential. XRP is looking good right now and it has potential to blow up in the future. Invest in this coin and you will get a good return on your investment.??You can view the image of the trade crypto currency as the electronic email system too. You might do not get to know that how you should make the use of it in a better way. But it can surely be standing as one of the fair means of the communication in the middle of you.??On the same token as new hires, existing traders at prestigious financial firms were attracted to bitcoin. By 2012, bitcoin was so popular among Wall Street traders that employees at Morgan Stanley and Goldman Sachs had been visiting bitcoin exchange websites as often as 30 times a day.
10 tips for Crypto-currency trading are as follows:
Next one of the most best ways to buy trade crypto currency with Paypal would be jumping into the money exchanging. You can click through the site here. Be sure that you need to make at least a minimum of 50 dollars worth.??One more factor that you have to keep in mind is to find those coins which have a strong team of veteran users because they know how to correctly market the coin. A coin that is backed up by strong CEO and other members will perform 100 times better than a coin which is not created by veteran users.
It grew up to 30,000% in 2017 which shows its potential. XRP is looking good right now and it has potential to blow up in the future. Invest in this coin and you will get a good return on your investment.??Decentralization and forks are also counted as some of the major issues. They are much excellent to come up with the exploration and broad the technical stuff even much more appropriately.
There are very few of the ways that are being carried out to be used as the medium of the cryptocurrency for the charity. Then how it is possible to do on most comfortable terms???One of the major factors which increase the price of cryptocurrencies is the hype it creates in the starting and Reddit is the best place to find them. Reddit is full of people with a lot of knowledge and they are "early adopters", they will mostly go for new coins which make your work easier, instead of researching just follow the hype train of reddit.
On the realistic terms, if you will be day trading the $1,000 worth of Ether for at least one week then you can make up to $200 per week.??With current evolution and advancement of technology and advent of new form of digital currency named cryptocurrency, new trends are coming into limelight.??One such form of development in world of Cryptocurrency are the trading bots which are basically computer programmes that recognize trends and execute trades on your behalf.…