How to Trade Cryptocurrency: A Brief Guide

The advent of crypto assets and blockchain investments was taken to a new level. People who used to trade stocks easily handle crypto trading. However, novice participants in financial markets may need help in this field. This article will tell you the basic things about cryptocurrency trading and help you take your first steps.

The Essence of Crypto Trading

Like with any financial market, crypto trading is the way to make money on the volatility of assets. With the crypto market, the chances to capitalize are higher, and it is much easier to reach several zero profits from investing just a small initial amount. However, at the same time, the risks are much higher compared with traditional markets. The reason is higher volatility and lack of control on the part of banks and governments. So it is much harder to predict crypto market movements and much easier to lose everything.

The main rules of trading:

  • Never invest your last money in crypto

  • Always track cryptocurrency live prices and charts

  • Use reliable crypto platforms for trading

  • Evaluate risks and be ready to lose funds (so invest only the amount you are ready to lose)

  • Do not allow emotions to guide your decisions

  • Adhere to a strategy

  • Use stop-loss and take-profit tools.

Trading strategies include:

  • Long-term investing: you buy crypto and hold it for many months.

  • Swing trading: you take a couple of weeks to a couple of months to decide to sell coins.

  • Daily trades: your trades are opened and closed within one day.

  • Scalping: short trades that take a couple of minutes. You may make many such trades a day and take many profits on small portions.

What is the First Step?

The first thing to do is, of course, to buy crypto. You may do it using a crypto exchange or address to a crypto broker. The easiest way is to register on a large and reliable platform, such as WhiteBIT or Coinbase, where you will be confident about the safety of your investments. Their interfaces are intuitive and easy to handle on the first try. Register, pass verification, add your bank card, and buy coins with the fiat currency you have in your account. Read more about crypto trading on the WhiteBIT blog.

Betting in 2023: Make Sure You Get the Most Value Out of Every Wager

Betting has long been a beloved pastime in the United Kingdom, and no major sporting event — be it horse racing or football — would be complete without the numerous betting opportunities that surround it. Online betting has grown increasingly popular with many new and exciting options that continue to draw in larger and more diverse audiences of punters.

 

Moreover, even now the betting industry is growing at a fantastic speed, with the global mobile gambling market projected to reach more than $375 Billion by 2027. No wonder more and more sports fans decide to make betting a profitable hobby. Fortunately, there are many resources that provide top choices tailored to UK punters. For example, you can explore the selection of expert-curated UK betting offers from Stakers to put your thorough knowledge of teams and line-ups to good use.

 

Sports betting relies heavily on odds, which determine the potential payout for a winning bet. Odds offered by different bookmakers can differ significantly even for similar events or markets. Therefore, selecting the correct bookmaker is key for an enjoyable and profitable gambling experience. A reliable bookmaker should provide competitive odds and access to various markets so you can find value in your bets.

 

With a wealth of lucrative and convenient options available online to UK punters, it’s important to pinpoint the specific features that allow bookmakers to outshine the competition and remain a lucrative investment of your time and money. We’ve analysed the market to discover what contributes to the best bookmakers.

 

Naturally, odds and promotions should always come first when looking for profitable bets. Sports bettors depend on odds to determine the best price for a team or event and provide an estimate of its likely outcome. Keep in mind that the odds tend to be higher for popular leagues or events. Furthermore, sites offering professional tips and predictions with low margins are ideal options for novices — so do check them out!

 

In 2023, many sites have enhanced their promotional offerings and added more offers with low or 1x turnovers. Bonuses used to involve the punters having to wager 8-10 times the bonus amount to cash out. Conversely, many new promotions come with no strings attached — making them an excellent opportunity to boost your bankroll without investing money upfront.

 

Operating within legal boundaries is also essential for sportsbooks, as it serves as a guarantee of transaction and personal data security. Reputable bookmakers can boast thorough licensing in addition to the usual web safety technologies, like SSL encryption. The United Kingdom Gambling Commission remains one of the strictest monitoring authorities not only in the UK but also globally. Therefore, betting sites with a valid UKGC license are an ideal choice as all winnings from these bets are subject to a number of legal checks.

 

Betting sites provide a range of payment methods to make withdrawing and depositing funds more accessible. Visa and Mastercard are the two primary choices in the UK, followed by PayPal and various e-wallets. Reliable bookies will also pay out all winnings promptly and adhere to their rules when calculating bets.

 

The trend towards more reliable and user-friendly online betting sites is evidently on the rise, and you can indeed make money betting if you understand the sporting landscape or follow the latest sports news. Online betting can be both rewarding and enjoyable when you pick the resources with tips and predictions as well as free bets and special betting offers.

How to Minimize Your Loses While Betting on Sports

When it comes to making smart bets and minimizing your risk of losing money, the most important thing to remember is that there is always a thing called value bet. No matter how much research you do or how good you are at analyzing data, it’s a good idea to leverage modern tools and analytics to ensure you’re more likely to win a bet and gain some profits.

After all, unlike casino games, sports betting is more about data than luck. It’s up to sports teams and players to win or lose the match, so there are a variety of factors that can affect the outcome. With that in mind, here are a few tips that will help you minimize your loses while betting on sports.

Are there any tips or tricks that experienced bettors use to reduce their losses?

Experienced bettors know that the key to reducing losses is to account for every aspect of wagering. This means setting a budget and sticking to it, as well as developing a strategy that will help them make more informed decisions.

Bettors may also take advantage of bonuses and promotions offered by bookmakers in order to increase their chances of winning without risking too much money. Finally, experienced bettors are always sure to do their research before placing any bets, so they can create a data-driven approach.

What are some ways that you can manage your bankroll effectively while betting on sports?

Managing your bankroll effectively while betting on sports is essential for long-term success. The first step is to set a budget and stick to it. Decide how much you can afford to spend each month, and don’t exceed that amount. It’s also important to be disciplined when it comes to the size of your bets. Don’t bet more than you can afford to lose, and never chase losses by increasing the size of your bets after a losing streak.

What strategies can you use to minimize your losses when betting on sports?

The best strategy is to always do your research. Make sure you know as much as possible about the teams and players involved in the game. This will help you make more informed decisions when placing bets. Also, look for favorable odds and bonuses. There are many sportsbooks available nowadays, so shop around until you find what you’re looking for.

To minimize your risk of losing money when making smart bets, be sure to research and understand the bet you are making, set a budget for yourself and stick to it and avoid taking unnecessary risks.

Who Could Win the 2023 Men’s Royal Rumble?

January is when we’ll learn a lot more about who will be in the main event at WrestleMania 39. The Royal Rumble is being held on January 28 and sees 30 men hoping to be the last wrestler left in the ring and earning themselves a title shot in April on the biggest show of the year. Who are the leading candidates to win this match?

The Rock

It was back in 2000 that The Rock won the Royal Rumble in New York. Anyone in the state who wanted to bet on that victory wasn’t able to do so at that time. Now they (and residents in neighboring New Jersey) can do just that and may well back a winner if doing so.

A lot depends on the availability of the former WWE champion. If he can fit in one last run with WWE, then a match with Roman Reigns (who he is related to in real life) would be the perfect WrestleMania main event. Can The Rock beat The Tribal Chief and take his place at the Head of the Table?

Cody Rhodes

Rhodes returned to WWE at WrestleMania 38 for a feud with Seth ‘Freakin’ Rollins. That went down a storm but then came an injury that put him on the shelf. Will he return in the Royal Rumble and be the last man standing? A lot depends on whether WWE see him as a WrestleMania main eventer.

Drew McIntyre

2020 saw the Scottish wrestler win the Royal Rumble. This year has seen him challenge Roman Reigns for the Undisputed Universal title but hasn’t really been in the title picture much since then. He may well be in the final four and there are betting odds available at these New York legal mobile sportsbooks for that but he doesn’t look like being the winner.

Riddle

Is Riddle someone who should be in the main event at WrestleMania? That’s the decision that WWE has to make when deciding who is going to win the Royal Rumble? His partnership with Randy Orton was a success and he’s had a strong feud with Rollins. One problem here is after losing a title challenge to Roman Reigns, he’s barred from another title shot against him.

Brock Lesnar

Lesnar won the 2022 Royal Rumble, so can he make it two in a row? It’s difficult to rule him out but it would probably take the dethroning of Roman Reigns for it to happen. We’ve seen Reigns v Lesnar far too much already.

Seth “Freakin” Rollins

He’s been mentioned in this article already but could he win the Rumble for the second time? The 2019 winner remains near the top of the card even if he is so irritating. He knows how to put on a good match though and a Reigns v Rollins match at WrestleMania 39 would be interesting, if Rollins could get the fans cheering for him.

AJ Styles

It was at this event that AJ Styles finally made it to the WWE. He’s been the champion since then but in recent years has been in the tag division or in mid-card feuds. WWE know that Styles wouldn’t let them down if put in the main event. He’s an outsider but again could be worth betting on to make the final four.

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