Torque trading systems guides


Posted On Apr 1 2020

Torque trading platform recommendations? Dad advice: Aim to buy low, sell high; try not to buy high, sell low. Look at the price trend, if we are at the highest point it has been in the past 24 hours (days, weeks, etc), that is inherently riskier than buying at a short term low. It can make sense to buy as the price starts to break out (to “buy into strength”), but buying after a breakout at a new high while filled with excitement is a little “irrationally exuberant.” This is to say, aim to “buy the dips” and often “the best time to buy is when there’s blood in the streets… even if it is your own.” Conversely, the worst time to buy is often (but not always) right after the price has shot up and everyone is manic. If you do buy high, and it ends up dropping shortly after, consider HODLing (to “HODL” is to Hold On for Dear Life as the price goes down).

The prices of most altcoins depend on the current market price of Bitcoin. It is vital to understand that Bitcoin is relative to fiat currencies and is quite volatile. The simpler version of this is that when the value of Bitcoin goes up, the value of altcoins goes down and vice versa. The market is normally foggy when the Bitcoin price is volatile and, as you would imagine, this prevents most traders from gaining a clear understanding of what goes on in the market. At this point, it is advisable to either have close targets for our trades or simply not trade at all.

We were greeted by a lot of many Torque enthusiast, that were as sceptical as I am. Australians, Malaysians, Bulgarian, Indians. The office in Singapore is well furbished and employees are actively trading and working. I love Singapore by the way and I feel very safe to have Torque Trading System to be there. Next was their Vietnam office and it has been great experience to visit Saigon again. Torque Trading systems main operations are in Vietnam, where it has over 60 traders and programmers, which I think we can find videos of their offices. Read additional info at Torque trading systems.

But what makes Torque trading system so special are these few things: Due to the high volume of trades every day, they are able to trade in very low commission environment setup for higher profitability.

If you cannot afford to invest 1 ETH without not able to sleep peacefully at night, this investment is not for you (or any investments btw you should be able to provide your basic needs and save some emergency funds for your health). You should just put your savings in bank and let it depreciate… for now. If you are a risk-taker, you can invest more, and reinvest the profits to make your initial investment come back at a much faster rate (some sort of cash flow). Once you get back your initial investment, everything else is profits, and let that be a passive investment forever.

Download Torque mobile app from Apple Store or Play Store. Or simply log in to our web based portal at www.torque.asia. Alternatively, we have created a LINE and Telegram Bot to fully assist you throughout your journey with Torque. Register an account with Torque, 2 forms of identification documents will be required as well as a proof of residency. Your information will be kept safe with Torque. Explore extra info at https://torque.asia/.

Last Updated on: April 2nd, 2020 at 12:34 pm, by


Written by Ilie Dumitrescu