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TRADE TIP: What to watch?

Here is a free trading tip, which we constantly remind our Premium Program members of, like clockwork: MARKET CAPS. Why?

The market cap essentially represents the amount of demand for the #crypto. More people buying, bidding the price higher, leads to a higher market cap. You watch the market cap to determine how the market should react in the near future. You watch the volume, the action.

Many traders like to watch the Bitcoin market cap. We do it differently, we tell our Premium members to always have open the Bitcoin Market Cap AND the Alt Coin Market Cap (see links below). Why? Well, you need to see how both interact with eachother to best determine where the money is flowing. If you see BTC market cap declining, where is that money going? Check the Alt-Coin market cap. Always have both open.

https://coinmarketcap.com/currencies/bitcoin/

https://coinmarketcap.com/currencies/altcoin-alt/

It’s a small but very handy tip. Always remember to keep your eyes on how the wider (marco) market moves. Understanding technical analysis (TA) is imperative.

#btc #bitcoin #bitcointrading #technicalanalysis #daytrading #lupotoro #daytrader #tradingtips

Swiss ETF APPROVED!

We recently reported that Switzerland's principal stock exchange SIX Swiss Exchange will list the world’s first multi-crypto-based exchange-traded product (ETP) - that has now been approved and confirmed! It will launch next week!

A crypto-based ETF would pave the way for institutional investors to participate in the trading of digital currencies without having to take physical possession of the assets.

SIX-Swiss Exchange, Europe’s fourth-biggest exchange with a market capitalisation of $1.6 trillion will list the world’s first crypto Exchange Traded Product (ETP) next week.

Backed by the Swiss startup Amun AG, the first global multi-crypto ETP will be listed under index HODL, and will track five major cryptocurrencies: Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).

Positive vibes are growing and this is just the start. Well done to our PremiumProgram members who received tip offs about this good news a month ago, and made the necessary trades to capitalise on the bump in market sentiment that this produced.