What is Cryptocurrency Trading?

In many ways, cryptocurrency trading can be compared to forex trading; the markets in various fiat currencies from all over the world are traded against each other. In Forex trading, U.S. dollars can be used to purchase a position or option in euros, Swiss francs, or any other currency, and then sold again at the time of the investor’s choosing, booking either a profit or a loss on the trade.

Cryptocurrency trading is very similar to forex, allowing traders to purchase cryptocurrency with U.S. dollars. As with forex, cryptocurrency traders can trade with a buy-and-hold strategy or trade the daily or weekly up-and-down volatility. There are even several strategies available by which you can potentially profit from a cryptocurrency going down in value, including futures contracts and binary options.

Due to volatility in Bitcoin and altcoin trading and the frequent use of leverage in these types of trades, betting on a downward move in price, called shorting, generally isn’t recommended for less-experienced traders.

With Bitcoin itself trading for thousands, it might seem like the cost is price-prohibitive for most traders to take a position, but Bitcoin and other cryptocurrencies can be purchased as a decimal-based fraction of a coin.

While Bitcoin is limited to 21 million coins, about 17 million of which are in circulation, the ability to trade partial Bitcoin allows for each of those 21 million coins to be split 100 million times — theoretically. In practice, current exchanges don’t support such small units in trades. Most exchanges allow you to specify an amount you want to buy in U.S. dollars. The exchange computes how much Bitcoin or other altcoins you can buy with that amount.

TT Tradingview Breakout Script for Day Trades and Swing Trades

Transparent Traders offers two custom coded proprietary Tradingview breakout scripts.  One for  Day Trades and one for Swing Trades. You gain access to these proprietary scripts with a subscription to the TT Blackbox.

What is BTCUSD?

Bitcoin (BTC) is recognized as the world’s first truly digitalized digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.

Below is an example of utilizing the breakout script for BTCUSD.  The yellow line is the breakout price point.  You can see in the example that the proprietary script was right on target for what would happen to the price of BTCUSD once the line was broke.

What is XRPUSD?

Ripple, or XRP, is a cryptocurrency created as a standard of exchange on the Ripple payment protocol. It exists fully within the Ripple Payment and Exchange Network and can be used to facilitate transactions between traditional fiat currencies and other cryptocurrencies across the payment network. Follow the chart for a full picture of the Ripple live price and read our latest XRP news, forecast, and analysis articles to help you in your fundamental and technical analysis.

Below is an example of utilizing the breakout script for XRPUSD.  The yellow line is the breakout price point.  You can see in the example that the proprietary script was right on target for what would happen to the price of XRPUSD once the line was broke.

Transparent Traders was founded as a trading resource and community. They believe in full transparency. No cherry-picking trades to show and fake profits.

The Transparent Traders Black box is Amazingly simple!​ Our Black box is the first-ever to be created that specifically provides swing trading alerts.

The TT Blackbox runs off multiple algorithms and uses predictive A.I. to locate the most accurate day or swing trades that it calculates to give the best chance for success.

Our TT Blackbox is the first-ever to be created that specifically alerts for swing trades. It will also alert for bullish & bearish day trades.

Use the TT Breakout Proprietary Tradingview Script for Crypto

TTBB Breakout Line – Day Trading – TradingView | Blackbox Trading

TTBB Breakout Line – Swing Trading Indicator – TradingView | Blackbox Trading