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The Best Tools for Crypto Trading: Everything You Need To Know

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Cryptocurrency is huge right now. As huge organizations such as PayPal declare that they will give their users the chance to deal in cryptocurrency, cryptocurrency is only going to get bigger!

If you’re looking for a way into the crypto market then you’ve come to the right place. The following tools for crypto trading are essential in making sure you get the most out of your investments.

Grab yourself a pen and paper, and let’s take a look at the top tools for crypto trading to have by your side as you become a crypto trader.   

Disposable Capital

First things first. Investing in cryptocurrency is a risk. If you invested in bitcoin when it first began in 2013, a coin that cost you around $15 is now worth more than $10,000.  That doesn’t mean there haven’t been some rocky patches along the way to growth.

The prices of cryptocurrencies can also plummet, and there’s no guaranteeing that they’ll come back up. If you’re going to invest in cryptocurrency then be sure that only invest money that you can afford to lose.

From volatile markets to hackers. There are always reasons why you come out with less than you put in, so make sure you can afford your losses. 

Cryptocurrency Trading Strategies

The next thing to have in mind is your intentions. Having a clear trading strategy and sticking to it can be your best tool when it comes to riding the waves. If you have a clear strategy it can help to keep you from making hasty decisions when your currency is volatile.

If your intention is to day trade then the daily peaks and troughs are important to you. You need to react to them, but if your strategy is a long-term investment then you need to learn to ignore those volatile moments and let cryptocurrency do what it’s going to do.

Cryptocurrency Exchange

You have disposable income and you have a rough idea of your trading strategy. Now you’ll need an exchange. A cryptocurrency exchange is your main hub of operations. This is where you invest your fiat currency and use it to buy cryptocurrencies. Check out https://coinstash.com.au/ for more information.

When it comes to choosing an exchange they are three key factors you should look out for: Security, liquidity, and fees.

Security

You are storing your money online. Once your money is on the exchange it is at risk from hackers. It’s vital to choose an exchange with reliable security.

Liquidity

Liquidity refers to how easily an asset can be bought or sold. It’s about making sure that there is always a buyer or seller on the other side of your request. More established exchanges will have more users and therefore more liquidity.

Fees

Not all exchanges charge you equally so it’s worth doing some homework as to how much you’re going to get charged for each transaction. Fees are especially important if you’re day trading because they can eat into your profits if your trading regularly.  

Charting Tools 

Charting tools allow you to technically analyze the markets. They help you to visualize the market and allow you to draw trend lines and observe different trading indicators. This is an essential part of trading as it can help you to forecast when prices are going to rise and when they’re going to drop.

Getting good at technical analysis is your key to big profits!

Network Statistics

Instead of getting your trading advice from news reports, it can be more beneficial to just go and see how much activity there is on a particular network. Network statistic tools allow you to look at the activity on a cryptocurrency’s network. The less activity on a network the more chance that the specific currency is on its way out.

Cryptocurrency News Aggregators

There are thousands of cryptocurrency news sources out there. Websites, YouTube channels, and Twitter influencers. You name it. Trying to sift through this information in an attempt to make better-informed decisions is nothing less than a headache. News aggregators do the hard work for you.

Research Reports

Research reports are long technical documents. If you’re just getting into cryptocurrency then they might not be the most user-friendly tool for you right now. But that doesn’t mean it’s not worth taking the time to get familiar with them.

Research reports go into an in-depth analysis of coins and their performance. They will also outline detailed opinions on the past, current, and future performance of each market.

Trading Bots

If you’re planning on day-trading you will soon realize that you’re going to have to dedicate a lot of time to the computer screen. Just because you might need to sleep doesn’t mean the market needs to sleep!

A trading bot is a piece of automated software that allows you to set trading parameters, and the bot does all the work for you. It allows you to set prices for when to buy and when to sell. So all your buying and selling happens exactly when you want it. Even if you’re sleeping!  

Crypto Wallets

Your crypto wallet is much like your bank. The more money you’re trading with the more important your wallet becomes. It’s a key part of keeping your assets safe when they’re not in the exchange.

Most wallets are online, but hardware wallets are now available which means that your assets can be kept offline for improved safety. When choosing a wallet it’s important to assess the security features to find the best fit for you.  

Get Ready to Trade With These Tools for Crypto Trading

It might feel like a lot to take in, but familiarizing yourself with these tools for crypto trading before you start investing is a great way to start at a winning stride. The more you understand about cryptocurrency and the tools you can use, the wiser your investment choices will be.

If you found this article useful and you’re looking for more lifestyle and financial tips be sure to take a look at our other blogs. 

The post The Best Tools for Crypto Trading: Everything You Need To Know appeared first on Travel Experta – Family Travel Blog.

By: Marina Villatoro
Title: The Best Tools for Crypto Trading: Everything You Need To Know
Sourced From: feedproxy.google.com/~r/TheTravelExperta/~3/TI_ju7gBTIg/best-tools-crypto-trading-everything-need-know.html
Published Date: Sat, 24 Oct 2020 19:30:33 +0000

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What could you order from Ansett Airlines’ inflight bar in the early 1970s?

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People have always liked to drink on board flights, especially people from Australia. Therefore, it should be no surprise to anyone that there was an inflight bar offering in the 1970s.

Ansett Airlines were a major player in the Australian domestic market up until their demise in September 2001. For many years, there were two domestic airlines, Trans-Australia Airlines (TAA) and Ansett.

Ansett’s Inflight Bar

At the time, Ansett operated Boeing 727s, Douglas DC-9s and Fokker F27 Friendships on domestic routes in the country. Airline tickets were quite expensive, with tariffs agreed upon by both airlines thanks to Australia’s weird two-airline policy at the time.

While tickets were expensive and food complimentary, you still had to pay for a drink at the bar. Here is an inflight bar menu from the era, showing the drinks available and their prices.

Clearly the pricing is astounding by today’s standards – 30 cents for a beer? I’ll have thirty-three please! I like how Australian gin is 35c while the imported gin is just 5c more. Which would you choose?

You can tell it is from another era as you can buy cigarettes on board. These price up at 45c, a far cry from the extortionate prices people in the west pay these days for a smoke!

Overall Thoughts

The on board offering is pretty comprehensive for internal flights, and I imagine you’d be hard pressed not to find something you might like. In those times, all payments would have been by cash as well, which would have meant a lot of coinage being handled on board.

Of course, things haven’t changed too much over the years. On many airlines you pay for your drinks just as they did back in the 1970s. Shame the prices aren’t the same of course!

Did you ever buy drinks on board flights from the inflight bar back in the day? Do you still? Thank you for reading and if you have any comments or questions, please leave them below.

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Featured image by Daniel Tanner on Airliners.net via Wikimedia Commons.
Menu image by Ikara on Australian Frequent Flyer.

By: The Flight Detective
Title: What could you order from Ansett Airlines’ inflight bar in the early 1970s?
Sourced From: travelupdate.com/ansett-airlines-inflight-bar-menu/
Published Date: Thu, 19 Nov 2020 15:03:14 +0000

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These Shrimp Leave the Safety of Water and Walk on Land. But Why?

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The shrimp stop swimming at dusk and gather near the river’s edge. After sunset, they begin to climb out of the water. Then they march. All night long, the inch-long crustaceans parade along the rocks.

The parading shrimp of northeastern Thailand have inspired legends, dances and even a statue. (Locals also eat them.) During the rainy season, between late August and early October, tourists crowd the riverbanks with flashlights to watch the shrimp walk.

Watcharapong Hongjamrassilp first learned about the parading shrimp, and the hundred thousand or more tourists who come each year to see them, about 20 years ago. When he started studying biology, he returned to the topic. “I realized that we know nothing about this,” he said: What species are they? Why and how do they leave the safety of the water to walk upstream on dry land? Where are they going?

Mr. Hongjamrassilp, a graduate student at the University of California, Los Angeles, decided to answer those questions himself. His findings appeared this month in the Journal of Zoology.

Working with wildlife center staff members, Mr. Hongjamrassilp staked out nine sites along a river in Thailand’s Ubon Ratchathani province. They found shrimp parading at two of the sites — a stretch of rapids, and a low dam.

The videos they recorded revealed that the shrimp paraded from sundown to sunup. They traveled up to 65 feet upstream. Some individual shrimp stayed out of the water for 10 minutes or more.

“I was so surprised,” Mr. Hongjamrassilp said, “because I never thought that a shrimp can walk that long.” Staying in the river’s splash zone may help them keep their gills wet, so they can keep taking in oxygen. He also observed that the shells of the shrimp seem to trap a little water around their gills, like a reverse dive helmet.

DNA analysis from captured shrimp showed that nearly all belonged to the species Macrobrachium dienbienphuense, part of a genus of shrimp that live mostly or fully in freshwater. Many Macrobrachiumspecies spend part of their lives migrating upstream to their preferred habitats.

Most parading shrimp that Mr. Hongjamrassilp captured were young. Observations and lab experiments showed that these shrimp probably leave the water when the flow becomes too strong for them. Larger adult shrimp can handle a stronger current without washing away, so they’re less likely to leave the water.

Walking on land is dangerous for the little shrimp, even under cover of darkness. Predators including frogs, snakes and large spiders lurk nearby, Mr. Hongjamrassilp says. “Literally, they wait to eat them along the river.”

And the shrimp can survive on land for only so long. If the parading crustaceans lose their way, they may dry out and die before they get back to the river. A few times, Mr. Hongjamrassilp came across groups of lost shrimp dead on the rocks, their once-translucent bodies baked pink.

Yet most navigate upstream successfully, and scientists have spotted other freshwater shrimp around the world performing similar feats, scaling dams and even climbing waterfalls.

Leaving the water when the swimming gets tough may have helped these animals spread to new habitats over their evolutionary history, Mr. Hongjamrassilp said. Today, the number of parading shrimp in Thailand seems to be declining. He thinks tourist activity may be a factor, and learning more about the shrimp might help protect them.

The study’s authors made “some really excellent observations,” said Alan Covich, an ecologist at the University of Georgia who was not involved in the research. But understanding why the Ubon Ratchathani shrimp move upstream, and how far they travel, will require more research, he said.

“The most surprising thing to me was that it attracted so many tourists,” Dr. Covich said. He doesn’t know of any other example of people gathering to appreciate a crustacean in quite the same way.

“We have crayfish festivals, we have all kinds of things,” Dr. Covich said, “but generally it’s people eating them, not watching them move.”

By: Elizabeth Preston
Title: These Shrimp Leave the Safety of Water and Walk on Land. But Why?
Sourced From: www.nytimes.com/2020/11/18/science/shrimp-parade-thailand.html
Published Date: Wed, 18 Nov 2020 17:02:07 +0000

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Will Aer Lingus launch transatlantic flights from Manchester?

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There are reports that Aer Lingus have applied for 1,500 slots at Manchester Airport for the Summer 2021 season. This will allow the airline to base four aircraft there and service flights to the United States.

At present, there have been no press releases from the airline stating what is going on. Even so, it probably makes sense for the Irish airline to do this in the current market.

Aer Lingus And Manchester

From what is known, there will be three Airbus A321LRs and an A330 based at Manchester. These will operate non-stop services to New York JFK, Boston, Chicago and Orlando, and the season starts on 28 March 2021.

With Thomas Cook having gone out of business, there is likely space for another competitor. New York and Orlando will see competition from Virgin Atlantic, while the other two routes have no airline flying at the moment.

Aer Lingus has been connecting passengers over Dublin very successfully from the UK regions for a while now. Due to this, they will have visibility on traffic patterns, potential yields and more, making this an informed decision.

I imagine they also hope to cream off some of the connecting traffic that routes through London Heathrow on British Airways and Amsterdam on KLM among others. It would prove to be quite successful.

Transatlantic Joint Venture Approval

The US Department of Transport has tentatively given its approval for Aer Lingus to join the oneworld transatlantic joint business. This is operated by American Airlines, British Airways, Iberia and Finnair.

These airlines coordinate schedules and pricing, share revenues and expenses. For the consumer, it means more choice – those making a booking on British Airways across the Atlantic will also see options on American Airlines on the BA web site as one example.



Theoretically, it would allow people seeking flights on the British Airways web site to automatically be given options to fly non-stop with Aer Lingus, along with the Manchester-London Heathrow-US city connecting itinerary.

Whether Aer Lingus will join the oneworld alliance, even in a oneworld connect capacity remains to be seen. Frequent flyers would welcome it, especially those in Ireland.

Overall Thoughts

No doubt the boffins have been working behind the scenes to see if the business case for transatlantic flights from Manchester stack up. As things have proceeded as far as a slot application, I would guess chances are good that it will go ahead.

Either way, let’s see if this happens and if it does, whether Aer Lingus will stay for the long haul. If they can make more money elsewhere, they’ll up sticks and leave. Regardless, it is an interesting development in European aviation.

What do you think of Aer Lingus starting transatlantic services from Manchester? Thank you for reading and if you have any comments or questions, please leave them below.

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Featured image by N509FZ via Wikimedia Commons.
Aer Lingus A321neo LR by Pitmanaaron via Wikimedia Commons.
Business class cabin via One Mile At A Time.

By: The Flight Detective
Title: Will Aer Lingus launch transatlantic flights from Manchester?
Sourced From: travelupdate.com/aer-lingus-manchester/
Published Date: Wed, 18 Nov 2020 18:03:48 +0000

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