Online Torque trading bot review? Consider Diversifying. With the above advice in mind, there is nothing worse than getting frustrated with BTC, moving to ETH / alts and missing a BTC price spike, then moving back into BTC and missing the ETH spike. This is very easy to do given the rotation, and the natural urge to “FOMO buy.” If you have some of your funds in all the coins you trade, you’ll avoid missing out on a unicorn (a term one can use to describe an odd event, like a giant price spike in a short amount of time). If you diversify, especially when prices are low across the board, you’ll avoid some of the urge to jump into one coin mid or late into a run and out of a coin just before it goes on its run. In other words, although it isn’t the most profitable tactic, diversifying is good for one’s sanity in a number of important ways.

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.

The trading happens mostly in Vietnam where they have a lot of employees. The 24/7 customer support are in their rooms. The trading system is also well managed and running automatically, seeking out good trades every second of the day. Did I mention they have a mining farm in Vietnam? Yes, they started mining Ethereum since as early as 2016. I realised none of the arbitrage or crypto investment companies I dealt with is so transparent and friendly as they are. Does Torque Trading Systems have any Licence to Trade?To do arbitrage, there is no need to have a license. Anyone can trade crypto currencies. You just need to create multiple accounts in many crypto exchanges. Read additional details at Torque trading bot.

But what makes Torque trading system so special are these few things: Due to the high volume of trades every day, they are able to trade in very low commission environment setup for higher profitability.

If you cannot afford to invest 1 ETH without not able to sleep peacefully at night, this investment is not for you (or any investments btw you should be able to provide your basic needs and save some emergency funds for your health). You should just put your savings in bank and let it depreciate… for now. If you are a risk-taker, you can invest more, and reinvest the profits to make your initial investment come back at a much faster rate (some sort of cash flow). Once you get back your initial investment, everything else is profits, and let that be a passive investment forever.

Download Torque mobile app from Apple Store or Play Store. Or simply log in to our web based portal at www.torque.asia. Alternatively, we have created a LINE and Telegram Bot to fully assist you throughout your journey with Torque. Register an account with Torque, 2 forms of identification documents will be required as well as a proof of residency. Your information will be kept safe with Torque. Find extra info at https://torque.asia/.