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With the advancement of technology, the world is changing. So are the ways to invest in trading. Investors are finding new ways to achieve higher returns. Thus, making Crypto trading the next big thing. So today in this video, we will be discussing top 5 Cryptocurrencies to invest in 2021,
1. Bitcoin/ BTC
It has been over a decade since the mysterious Satoshi Nakamoto created Bitcoin, the first and by far most popular form of cryptocurrency in the world. Bitcoin has enjoyed a price surge to more than $40,000 in January 2021, for a market cap of more than $1 trillion, meaning bitcoins accounted for more than 69% of the cryptocurrency market. Thus, making bitcoin arguably the best cryptocurrency to buy for investors new to the asset class.
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Welcome Everyone, I’m CYPER and today in this video I’m going to explain candlestick in crypto trading. So, let’s begin.
A candlestick is a way of displaying information about an asset's price movement.
Candlestick charts are one of the most popular components of technical analysis, enabling traders to interpret price information quickly and from just a few price bars.
Now let’s understand the bars in the candlesticks.
In the graph, we can clearly see two types of candles, a green and a red candle. The green candle represents a bullish candle. A bullish candle shows that the price has increased over the time period whereas the red candle denotes a bearish candle. A bearish candle represents that the price has decreased over the time period.
So, if we looking at a 5min chart, then each fully formed candle represents 5min worth of price action. An hourly chart means each fully formed candle represents an hour’s worth of price action and in a daily chart each fully formed candle represents a day or so on.
Moving forward, if we talk about within the candle itself, the fat rectangular part of any candle is known as the real body. What the real body shows us is the specific price action related to the opening and the closing price. So, for the bullish candle, the bottom of the candle shows the opening price and the top of the candle shows us the closing price.
Bearish candles are reversed. So, the top of the body is the opening price and the bottom of the body is the closing price. Since the bearish candles display the price decreasing.
Now, you can see the vertical lines coming out of the candles referred to different things. They are knowns as the shadows, tails or wicks of the candle. The information added by the shadows, tails or the wicks is the highest and the lowest price of the period. This is a valuable piece of information for the trader.
Now this is a 5minute trade chart from BTC to INR. We highlighted one of the bullish candles, as you can see, all the information is provided in the box. You can see the opening price, the closing price, the lowest and the highest price of the candle for that particular time.
Now, next time when you witness a trading chart you know how to read the chart and trade accordingly.
For more such videos, make sure to hit that bell icon and subscribe to our YouTube channel.
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Welcome guys, I am cyber and today in this video we are going to take a quick tour to PCEX Member.
So, Let's get started.
PCEX Member is India's first crypto broker that started its journey as a B2C and B2B crypto trading platform in June 2020. PCEX Member is a broker under exchange PCEX( Panaesha Capital Exchange) and created a buzz in just 6 months as the fastest growing crypto trading platform.
The one thing that makes PCEX Member unique from other cryptocurrency exchanges is liquidity and its own business model.
It has the largest networks of trading members most of them are SMEs, corporate firms, and individuals which enable it to provide adequate liquidity to every member to grow in today’s revolutionary financial market.
Be part of India's fastest-growing crypto community.
Visit: www.pcexmember.in/
Futures trading by definition is a contract or agreement of buying and selling of digital assets like Bitcoin at prescribed date and time.
Similar to the futures contract for commodity or stock index, futures trading option is usually preferred by traders and investors as a way to hedge other investments or lock profit while trading in the volatile market.
There are many benefits that a trader or investor can available while doing trading in the futures market. Some of them are a follow:
1. Higher leverage
2. More Liquidity
3. Lower Risks
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Now trade Crypto Futures in India with up to 30X Leverage on PCEX Member. With a minimum investment of Rs.5000, you can enter into the futures contract and trade in 5 mainstream cryptocurrencies, including BCH, BTC, ETH, LTC, and FCC at a transaction fee of 0.3% along with zero deposit and withdrawal fee.
From mini BTC contracts to larger contracts, multiple lot sizes are available to cater traders of all levels.
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Do you know how to buy your first cryptocurrency on PCEX Member? What you have to do to activate your account on PCEX Member? If not, you should watch this video to learn the step by step process that you have to follow to activate your PCEX Member account and buy your first cryptocurrency on PCEX Member in both spot and futures market without facing any hassle.
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Day trading concludes on the same day. Profit or loss – no matter what’s in the store, but the report card comes on the same trading day. It’s similar to a 20-20 cricket match where you don’t have much time to think and plan. In fact, it demands prior planning and strategy making.
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The PCEX Member app is the best class trading app, enabling traders or investors to buy, sell, or trade digital assets on the go, which is a must especially when trading in the most volatile market in the world.
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If you are looking to Buy Bitcoin in India then there is nothing better then PCEX Member ,PCEX Member is an India based crypto trading platform. Where You can buy directly crypto with your bank account, it also offers wide variety of cryptocurrencies to trade on at Lowest transaction fees of 0.3% in the spot market along with zero deposit and withdrawal fee in India it also Provide the facilities of futures trading
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