Torque trading bot reviews? Learn the Difference Between a Bear Market and Bull Market. General wisdom says “Buy support in a bull, sell resistance in a bear.” Regardless of what type of investor or trader you are… you should learn to spot the difference between a bear and bull market and shift your tactics appropriately. From 2015 – 2017, during a long bull run, you could essentially buy every Bitcoin dip and come out ahead. In 2014 and 2017 buying dips was mostly rewarded with heavy losses. In 2014 and 2018, two bearish years, shorts could short every resistance and profit. In 2015 – 2017, it was rarely safe to short Bitcoin. Knowing the difference between a bull and a bear can be a big deal in any asset, but with the brutal market cycles of crypto, it is especially important to learn the difference.
Now, I know this may sound obvious but it’s important for you to have a clear purpose for getting into cryptocurrency trade. Whether your purpose is to day trade or to scalp, you need to have a purpose for starting to trade cryptos. Trading digital currencies is a zero-sum game; you need to realize that for every win, there is a corresponding loss:. Someone wins; someone else loses. The cryptocurrency market is controlled by the large ‘whales’, pretty much like the ones that place thousands of Bitcoins in the market order books. And can you guess what these whales do best? They have patience; they wait for innocent traders like you and me to make a single mistake that lands our money to their hands due to avoidable mistakes.
Is Torque Trading Systems company officially registered? The businesses that was setup behind Torque were very decent and well structured. All the business listed are legally registered in Singapore and has been in the financial and technology industry for quite a while. I did some further digging and found a few more interesting facts. They have offices all over the world: Singapore, Malaysia, Indonesia, Thailand, India, Dubai, China, Hongkong and Australia. So it’s seems legit to me. A scam is rarely having several registered addresses around the world. So physical Offices, Owners And Company Documents Legit are Verified. Discover additional info on Torque trading bot.
But what makes Torque trading system so special are these few things: They have an automated screening system to look out for signals to trade arbitrage and scalp. And execute trades simultaneously when there is a positive profit to be made (more info about this and a video on their website)..
Have you invested in Torque Trading Systems? Earning 0.15% to 0.45% daily seems quite a good deal, but to dabble into any online investments, I need to be sure… Just to be safe (remember you should always do your own research) to start any investment projects, here are some steps I did for my investment safety.
In this evergreen cryptocurrency market, our data scientists and researchers are constantly reviewing and identifying market inefficiencies and new strategies that can help improve our trading performance. Robust Server Network: Torque Trading Systems relies on a competent and reliable network of servers. We have heavily invested on providing a robust infrastructure to handle our massive amount of trade volume per second. Explore a few more details at torque.asia.