U.Today articles can now be found on a trading app called CryptoTools. Your trading experience will now be enhanced with the help of the latest news from within the industry.
A seamless start
Trading cryptocurrency is not an easy feat given the volatile nature of this market. Bitcoin's volatility remains extremely high, and trading without sufficient knowledge indicators basically to gambling. Luckily, there is a trading app that simplifies this task for newbies.
The app’s risk managing tool is based on the principles that are outlined in Alexander Elder’s 'The New Trading for a Living,’ the best selling book of all time.
At first, Crypto Tools identifies the general market sentiment that you need to follow. After that, it picks the most suitable indicators for a particular market trend, which will give you an idea about whether you should buy, sell, or hold your position.
It is free (for now)
Of course, you shouldn't solely rely on this all when it comes to making your trading decisions. It's simply a handy tool for both novice and seasoned traders that that will help them build a winning strategy.
You can currently download the app for free, but it will soon start charging its users one dollar per month, which is quite reasonable considering the potential profits that traders can bag with the help of its risk-calculating model.