How To Beat Cryptocurrency Markets With Algorithmic Trading Strategies

Hi and welcome to this 'How To Beat Cryptocurrency Markets With Algorithmic Trading Strategies' course with us Top Things To Know.

Introduction

The continuous novel coronavirus outbreak in 2020-2022, the money printing, the rising inflation rates, the new all time high real estate global prices, and the "new" work from home environment are only some of the reasons why Wall Street and retail investors are hedging their money in Bitcoin and other cryptocurrencies.

Copy Trading & Decentralized Algorithmic Trading Strategies

Automation brings several benefits to the world of investing. Algorithms run 24/7 and are faster and more reliable than humans could ever be, allowing investors to spend less time monitoring charts whilst earning a greater level of passive income. Moreover, automated strategies remove the key error factor in investing, emotion. This is particularly emphasized in crypto-asset investing, where emotive phrases such as “fear of missing out” and “fear, uncertainty and doubt” corrupt sound decision making.

An automated trading strategy is a set of rules that determine when to buy and sell assets. When those rules are met, orders execute. This is defined as algorithmic trading. This has several advantages over investing manually. First, it can operate 24/7 with little downtime, allowing amateur investors to capture the most value out of the 24/7 crypto asset market. Second, automated programs never deviate from the rules set in the trading strategies, theoretically making no mistakes. Finally, human emotion is never involved; a trait which is likely the cause of many to lose their entire portfolios.

Passive Income & High ROI

Passive income is a cash stream that requires little or no daily effort to maintain, unlike active income, like cash earned from working at a job or as a contractor. You can create passive income through investing in certain financial products or by starting businesses that, after an initial investment, start to generate income without regular work.

The Course & What You Will Learn

This course will show you how to exploit DeFi(decentralized finance) products, like staking and copying algorithmic trading strategies on the Mercor Finance Dapp(decentralized application), in order to maximize your profits and achieve your long-term goal -> building your early retirement fund.

The course will give you all the tools and the tactics on how to build your own winning strategy. It will also teach you how to do your due diligence in order to identify and diversify the best algo trading strategies to maximize your passive income when using the Mercor Finance platform.

Mercor Finance Dapp

Mercor Finance is a decentralized automated copy trading platform with the objective of democratizing the world of algorithmic trading. Users and developers can invest in and create custom trading algorithms and monitor their performance via the platform's user-focussed dashboards.

Mercor allows developers to create new trading strategies and customize those rules at will via the Mercor dApp’s developer dashboard. Investors using Mercor can invest funds into those strategies via the Mercor dApp’s investor environment.

The Mercor team has also been hard at work establishing partnerships with investors and development teams alike, with firms such as BlockBank, Ramp, GD10 Ventures, Flourishing AI, Darkpool, and Modefi partnering with Mercor and developers like Bot Capital, Moonquant Capital and LX Trading actively developing on the platform.

Finally, the performance of some of the algorithms available to investors on Mercor is noteworthy. Despite recent price downtrends across many crypto assets, the top performing algorithms on Mercor Finance have continued to generate positive returns for investors. In fact, several single-pair strategies have achieved up to 70% return on investment within a single month, with multi-token trading strategies reaching over 1,200% annually.

DISCLAIMER: The content of our course and lectures is intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for educational informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this course is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.