Completing the CAPTCHA proves to us that you’re a human and gives you access to our platform. Trading crypto is risky Another option is to buy bitcoins directly through a Bitcoin ATM, though you’re likely to pay much more in commissions than you would elsewhere. You’ll be able to buy bitcoins and some ATMs will allow you to sell them, too, using cash or a debit card. But you may need a Bitcoin wallet to make the transaction. Commissions can be pricey, with some ATMs charging around 7 percent per transaction, while the fees at others may stretch into the teens.
Expecting the price of cryptocurrencies to plummet? Selling your digital assets for fiat currencies like the US Dollar is one way to minimize your exposure. Selling your crypto is not the only option for this – you could also consider swapping your crypto assets into stablecoins, for example – but it’s a legitimate course of action for savvy traders with reliable market alpha. Ripple exec reiterates need for tech-neutral crypto regulations Technical analysis involves using technical indicators—often inbuilt on the trading platform—to determine the trend and momentum of a particular crypto. With these indicators, you analyze the crypto chart patterns, say for Ethereum or Litcoin, and the historical trends to forecast the price action. There are hundreds of trend, momentum, and volume indicators that you can customize depending on your trading style to determine the optimal entry and exit.