Before trading any market like Bitcoin and Cryptocurrencies, it is important to develop and test a trading system, method or strategy before committing real funds. Here we discuss how we are paper trading 15 cryptocurrency pairs including Bitcoin (BTC), Ethereum (ETH), Bitcoin SV (BSV), ChainLink (LINK), Cosmos (ATOM), Polkadot (DOT), NEO, IOTA, EOS, Tron (TRX), Cardano (ADA), OMG Network, Stellar (XLM), Tezos (XTZ) and 0x (ZRX). We also discuss how to evaluate a paper trading strategy using our case as an example.
Today, we closed the first big gain from Bitcoin SV (BSV) a couple of days after we closed our first big gain from EOS. However if Bitcoin BTC goes above $12000, that can bring about a fresh bout of buying which might mean we need to reverse and go Long again.
Copyright 2000-2021, Marquez Comelab