Trading and investing in cryptocurrencies is considered to be one of the easiest ways to make money. But, it can also be one of the fastest ways to lose the money you have been saving for many years.
The primary factor that separates the thriving cryptocurrency investor from the struggling cryptocurrency investor is the information is the information at the disposal of the former.
Most cryptocurrency traders and investors now want to be a part of thriving communities and groups where the discussions center on cryptocurrencies. This is one of the best ways to share ideas and be abreast with the activities in the market. That way, you will know the crypto assets to invest in, when to invest in the assets, and when to take your profits and exit the market before others dump on you.
Currently, there are only a few signal communities and cryptocurrency-centric communities where traders and investors can come together to share ideas and take advice.
Those and many more market opportunities facilitated the launch of BitNorm, which is set to become one of the fastest growing cryptocurrency ecosystems. If you want to be a better cryptocurrency trader or investor, please take your time to read this article to the end so you will find out how BitNorm can help you.
Market Sentiments and Real-Time News
One of the reasons you keep buying or investing in crypto assets that don’t moon is because you don’t have the right information. It could also be because you don’t have access to the news as they break.
BitNorm helps you in that regard by evaluating the cryptocurrency market – filtering out the noise and finding out the real state of things. This is aimed at evaluating the sentiments and news in the market.
If the sentiments are more negative than positive, it is a direct signal that the market will either be manipulated or be crashed for some time. But, if the news and sentiments in the market are positive, it is obviously a better time to invest in different crypto assets of your choice.
With the analysis of the market sentiments, BitNorm helps its users to make informed decisions using the analysis as a guide.
Community Engine
The entire cryptocurrency market thrives on news, which directly affects price actions. If the news are negative, there will be panic and the whales will take profits, thereby, crashing the market for some time.
As an average cryptocurrency trader or investor, your major focus is to buy the lows and sell the highs. So, when the market is imminent on crashing, you may not know. Your best bet is to use multiple sources and platforms, such as cryptocurrency forums and reading up blog posts.
However, BitNorm wants to simplify everything for you by creating what is called Community Engine. This is a platform that aggregates data from multiple sources, such as blogs, cryptocurrency forums and tweets. That way, you will have the information you want sourced and delivered to you in one ecosystem.
Final Words
BitNorm is set to help as many cryptocurrency traders and investors that use the platform to make informed trading and investing decisions that will help them make more profits than losses from cryptocurrencies.
USEFUL LINKS
Website: https://bitnorm.com/
Twitter: https://twitter.com/BitNorm
Telegram: https://t.me/BitNorm_Official
Linkedin: https://www.linkedin.com/company/bitnorm
Youtube: https://www.youtube.com/channel/UCTEWkRX9RTQGXifuzD2VBOg
AUTHORS DETAILS
Bitcointalk username- Kakal
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2767315;sa=summary
POA: https://bitcointalk.org/index.php?topic=5331648.msg56986995#msg56986995