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24x7 Cryptocurrency Market Live Trading
Challenges and Workarounds
The crypto-craze has changed a lot in the world
of finance and stock trading. When
Bitcoin arrived, most people never believed it to
hold any kind of value. And today, this
investment avenue has managed to lure real talent
and millions of dollars from Wall Street turned
images of dogs into digital assets and brought on
a slew of trading jargon that is enough to
bamboozle even the most seasoned crypto market
analysis experts. Another aspect that crypto
trading has impacted has been the everyday life
of an avid investor. Traditionally, an average
stock trader could always unplug on Sundays until
6 P.M. New York time, when SP 500 and other
index futures resumed trading after the weekend
pause. But those days are long gone.
Cryptocurrency trade is a 24x7 game which means
you can never take your eyes off the screen. So
how do the modern crypto investors manage
cryptocurrency market live trading? Is sleeping
an option for a trader? Do they have a
life? Valid questions especially if you are
just starting out in the world of crypto trading.
This article will solve all your qualms about the
24x7 nature of cryptocurrency market live trading
and give you tips on how you can make your life
easier as an investor.
Cryptocurrency Market Live the ticker never
sleeps, never stops, never yields
Lets get the bitter truth out in the open right
at the start the crypto market operates 24x7.
Unlike regular stocks, crypto isnt traded on a
regulated exchange. Instead, there are thousands
of exchanges providing platforms for trading this
stock across the globe, meaning that the market
ends up being open all the time. Cryptocurrency
market analysis suggests that different time
slots witness different volumes of trade during
the day. There are times when global market
activity is extremely high while others when the
trade volumes are low, resulting in weaker
exchange rates and difficulty in selling stock.
As a trader, you must be well versed in these
market timings to ensure that you arent left
sleeping while investment opportunities come and
go.
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• Cryptocurrency Market Live Multiple exchanges
  only add to the mayhem
• Once you start acquainting yourself with the
  world of cryptocurrency analysis and predictions,
  the first thing you will notice is the presence
  of different prices for the same asset on
  different cryptocurrency exchanges. Several
  factors are responsible for this, including the
  trade volumes that an exchange witnesses. These
  variations can be attributed to quite a few
  factors like
• Liquidity Trade volumes can be massive on the
  larger, more popular exchanges like Kraken, GDAX,
  Gemini, and the like. Conversely, these volumes
  tend to be much smaller on the newer, less
  popular exchanges and these variations can impact
  the prices of coins traded on them.
• Pricing Since the crypto market doesnt follow
  any standardized pricing strategy for stock, no
  one knows what it is supposed to cost. Hence,
  exchanges leave coin pricing up to market forces
  like supply and demand.
• Compatibility It is quite a messy, cumbersome
  and expensive task to move your money between
  exchanges. This exchange compatibility issue
  doesnt allow traders to switch between exchanges
  to take advantage of price differences and hence,
  the variations end up persisting for longer than
  it would be possible for an efficient market.
• Traders would therefore have to take into account
  the impact of multiple exchanges on market
  volatility. Price variations, trade volume
  disparities, and working hours all contribute
  to the mayhem that exists in the already chaotic
  crypto market.

Cryptocurrency Market Live factors that can
make life even more difficult for a 24x7 trader
Influencer Impact
One of the most baffling aspects of
cryptocurrency analysis is the impact of social
media and its influences on market numbers. This
investment sphere has been more responsive to the
tweets of billionaires and celebrities than any
other market out there. Many renowned
personalities like Elon Musk have been repeatedly
accused of manipulating the market through their
online following. You may think you had a good
trading day and log- off, only to find the market
in a total state of disruption when you wake up
all because someone, somewhere posted something
about a coin on their social media handle and
left the market in a tizzy. As a trader, this
factor really doesnt make your life any easier.
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Whale trading
Individuals and institutions who hold large
amounts of stock of a particular coin are known
as whales. Since their holding is sizeable
enough, they gain the power to manipulate the
value of certain cryptocurrencies by placing
specific trades. Whale traders can put massive
sell orders at values lower than other sell
positions in the market, forcing the prices to
drop, thereby setting off a chain reaction of
panic and instability that is tough to
control. This sell wall tactic is often used by
whales to artificially bring down prices to a
level where they would like to start accumulating
more coins again. 24x7 trading creates multiple
opportunities for whale traders to artificially
manipulate markets and create trends out of
nothing, giving the average trader a hard time
reading the market and making any kind of
cryptocurrency analysis and prediction. Manipula
tion Market manipulation adds more volatility and
chaos to the world of crypto trading, making it
even more unsafe and tricky for newbie investors
to handle. No amount of crypto market analysis
can prepare you for a possible pump-and-dump,
wash-trade or spoofing. In a 24x7 market that is
completely at the mercy of market forces on a
global scale, artificial market manipulations
carried out by institutional traders, whales or
influential investors can wreak havoc on asset
values. There are times when these manipulators
dont even need to actively trade any asset. A
cryptic tweet is all that may be needed to get an
asset to soar or take a plunge to the bottom. As
a trader dealing in cryptocurrency, you need to
be prepared for these volatile market movements
at all points in time.
Hashrate
This is where crypto trading becomes even
trickier. Hashrate refers to the
computational power for verifying transactions
and adding blocks in a blockchain. It represents
the number of individuals and entities that are
participating in the mining process and hence, it
denotes the kind of volumes one can expect as
add-ons in the current number of coins in
circulation. Hashrates have a directly
proportional relationship with coin prices as
more mining introduces more coins and brings more
people in to buy and sell this newly mined
currency. Experts predict that any squeeze in
mining margins will lead to the consolidation of
coin mining operations, especially those being
carried out by prominent entities. Any
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• changes in these hashrate numbers can therefore
  impact cryptocurrency analysis and predictions in
  a huge way.
• Legalities
• One of the biggest changes that every trader must
  be wary of is the advent of legalization,
  regulation, and centralized management in the
  world of crypto. As governments across the globe
  are waking up to the realities of cryptocurrency,
  a slew of legal complications is bound to be
  expected. A market that is operational 24x7 today
  may change altogether in the near future when
  entities such as the SEC begin formally
  regulating it. Whether such developments will be
  welcomed by the market or rejected is yet to be
  seen. But volatility and chaotic movements will
  be part and parcel of the everyday life of
  investors as these changes take effect, at least
  until the dust settles.
• Cryptocurrency Market Live workarounds to use
  against these challenges
• No we will not be telling you to quit the world
  of crypto investments altogether to save yourself
  from its evils. Instead, we will help you find
  workarounds to manage the volatility and erratic
  behavior of market movements so that your life as
  a trader can get a little bit easier. Here are a
  few ways in which you can face the challenges
  that the crypto market presents for investors
• Be Informed When it comes to cryptocurrency
  market analysis, there can be no substitute for
  timely information. Use multiple sources, set up
  notifications and alerts, follow the crypto
  celebs and keep a close eye on asset movements to
  ensure you are not caught sleeping as trends
  emerge.
• Historical prices Basing your investment
  decisions on historical price trends can help
  traders avoid falling prey to whale tactics like
  wash trades on multiple exchanges.
• Diversification Not putting all your eggs in one
  basket is age-old advice that holds true even
  today. Spreading your investments over a healthy
  mix of assets as per your risk appetite will
  ensure that you dont lose everything to a single
  disruptive event in the market.
• Bot Trading Computer programs can help you buy
  and sell specific cryptocurrencies at specific
  prices or value thresholds in order to generate a
  profit. This simple tool can help you take
  advantage of market movements even when you are
  not logged into the trading platform.

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SIPs Systematic Investment Plans in
cryptocurrencies can hep an investor get a better
entry point in an otherwise chaotic market. You
can use these to your advantage and take at least
some of the load off your back of finding the
right deals for your portfolio.
Conclusion Volatility will be a part of your life
as a crypto investor, at least until this market
matures or gets regulated. A 24x7 open market
will have trades coming in from across the globe
and trends cropping up left, right, and center.
You may not be able to insure yourself against
each of these erratic movements but you
definitely can make the most of them by using the
tools available at your disposal. After all, that
is what makes crypto exciting!