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The last six months have been particularly brutal, with ethereum falling 47%. The fall comes in response to persistently high inflation in the US and the worrying news that price rises have become embedded in the broader economy.
- As the rally momentum died down, EOS token prices corrected downwards and dropped to $4 by mid-March 2018.
- The merge had been the source of an impressive rally since ethereum developers first hinted at atentative timelineback on 14 July .
- One exercise is to see how low prices could get were the NASDAQ to suffer a 2000-style crash.
- All the best traders train themselves to not invest emotionally and to only base their buying behaviours on rational decisions.
- On the drop-down menu of the ‘Buy Crypto’ tab, select “Third Party Exchange” if you wish to buy EOS with cash on Binance.
- This decentralized blockchain has its own cryptocurrency called Ether , which is tradable in most of the crypto exchanges.
- In order to secure your account and to make withdrawals, you’ll need to have your account verified.
And when day trading, you may choose to buy and sell actual EOS tokens through a crypto exchange or EOS CFDs through a crypto brokerage. Today, EOS is one of the most widely used blockchain technologies in the world. It has also performed exemplarily well in the past, has a net positive https://www.tokenexus.com/ return on investment , and has quite a promising future. And all these have made the EOS token a must-have for most cryptocurrency investors and traders. The big gainer yesterday was eos , which is up 44 per cent at time of writing – an 83 per cent gain over the last seven days.
Crypto AM: A Trader’s View with TMG
Regulation also is becoming more of a theme throughout 2022, with various executive orders signed already. Increased is eos better than ethereum regulation should mean less uncertainty around crypto markets for investors, which would be bullish.
The FTX fallout has increased volatility in ethereum and bitcoin after it hitmulti-year lows last month. Bitcoins annualised 30-day volatility has jumped from 26% at the start of the month to 70%, while that of ethereum has jumped from 43% to 102%.
Through EOS faucets
Day trading is the opposite of a “buy and hold” investment strategy. As the name suggests, Day trading involves opening multiple buy-and-sell orders involving EOS throughout the day and ensuring that you close all trades at the end of the day/your trading session.
