Our trading mobile app is compatible with most smart devices. Download the App now and start trading with PU Prime on any device, anytime and anywhere.
The best way to pick up the skills of crypto trading is to have experience. While there are plenty of resources online to build up your basic knowledge of trading shares, no amount of reading can replace actual trading experience.
For beginners, there is no need to rush into putting up capital. demo trading account or cent account to learn the ropes before committing to an actual live account. Copy-trading is also a great way to start trading crypto without much experience. Copy enough trades, and you might just pick up a thing or two about the habits and strategies of successful traders.
Unlike with forex or gold trading, stock traders heavily consider fundamental factors when it comes to shares. For good reason too, since a company’s performance like its earnings and revenue can strongly affect its price. However, understanding technical analysis can help identify entry and exit points, as well as determine stop loss and take profit levels.
Unlike with forex or gold trading, stock traders heavily consider fundamental factors when it comes to shares. For good reason too, since a company’s performance like its earnings and revenue can strongly affect its price. However, understanding technical analysis can help identify entry and exit points, as well as determine stop loss and take profit levels.
Because shares are sensitive to events like earnings reports or news events, they can be prone to large movements. Add that on to the fact that stock exchanges only trade for certain hours in a day, it can be easy to miss exit points, especially if you’re trading in a timezone far from an exchange like the NYSE. This is why setting a stop loss to cut losses is important, especially if your positions are leveraged.
Because shares are sensitive to events like earnings reports or news events, they can be prone to large movements. Add that on to the fact that stock exchanges only trade for certain hours in a day, it can be easy to miss exit points, especially if you’re trading in a timezone far from an exchange like the NYSE. This is why setting a stop loss to cut losses is important, especially if your positions are leveraged.
While stocks are prone to movement based on news and events, a fundamentally strong company (like from having a good price-to-earnings ratio) will perform in the long term. If a company is well-chosen, temporary fluctuations are often seen as noise. Knowing your trading habits can help decide your trading time frame, and consequently the kind of analysis you should be doing: are you looking at a yearly chart with a 1-day timeframe? Or a daily chart with a 5-min timeframe?
While stocks are prone to movement based on news and events, a fundamentally strong company (like from having a good price-to-earnings ratio) will perform in the long term. If a company is well-chosen, temporary fluctuations are often seen as noise. Knowing your trading habits can help decide your trading time frame, and consequently the kind of analysis you should be doing: are you looking at a yearly chart with a 1-day timeframe? Or a daily chart with a 5-min timeframe?
Due to the relative youth of cryptocurrency, historical data is scarce. The previous and first crypto winter happened roughly from 2017 to 2018, when an oversaturation of ICOs and a bubble burst saw Bitcoin prices draw down almost 80%. The current winter, however, is the result of a general risk-off environment as central banks raise interest rates to fight inflation, while at the same time fending off a recession - an environment that some foresee will last roughly another one to two years.
With Bitcoin down almost 60% year-to-date and with the collapse of multiple crypto firms, these are dark times for the asset class. Many people have termed this a “crypto winter”, and some have even deemed this the end. However, like every other asset class, cryptocurrencies are historically cyclical, moving between bull and bear markets. Now that we’re on a downturn, what’s left to do is gear up and get ready for the next bull run - if and when it comes.
And we don’t mean stablecoins. In a crypto winter, even stablecoins are vulnerable to crashing. For instance, Terra’s USD-pegged coin. Having fiat currency, especially a safe-haven like USD can ensure you are liquid when the time comes to start averaging in your crypto investments. Inflation eroding away at your value? Short-term bonds or funds can allow you to fend off some of the effects of inflation while still allowing you to jump in on a bull run - which has historically lasted anywhere between over a year to four.
Just because the market shows signs of recovery does not mean that you should YOLO your entire capital into one single trade. Never trade with more than you can afford to lose, and, like with any other asset, avoid having an emotional reaction and stick to the plan. Investing into crypto? Averaging in is your best bet.
Beyond stalwarts like BTC and ETH, coins, blockchains, and projects fall in and out of favour every cycle. Getting involved with the blockchain community and being up-to-date with the news can give you an in on up-and-coming coins, or early news about events like Ethereum’s move to proof-of-stake.
Ready to start trading crypto? Open an account now to enjoy low trading costs and personalised service.
Choose an account type that is right for your trading needs. We offer 5 Live account types, and a free demo account.
What coins do you want to trade? What are your exit and entry points? Go in with a plan and stick to it.
Maximise your opportunities with our high leverages, low spreads, and extended trading hours.
Symbols |
Spreads |
Commissions |
Margin Percentage |
Contract Size |
Maximum Leverage |
Trading Hours |
||
---|---|---|---|---|---|---|---|---|
Symbols | StandardPrime | StandardPrime | Short |
Symbols |
Symbols |
Spreads |
Commissions |
Margin Percentage |
Contract Size |
Maximum Leverage |
Trading Hours |
||
---|---|---|---|---|---|---|---|---|
Symbols | StandardPrime | StandardPrime | Short |
Symbols |
Symbols |
Spreads |
Commissions |
Margin Percentage |
Contract Size |
Maximum Leverage |
Trading Hours |
||
---|---|---|---|---|---|---|---|---|
Symbols | StandardPrime | StandardPrime | Short |
Symbols |
Symbols |
Spreads |
Commissions |
Margin Percentage |
Contract Size |
Maximum Leverage |
Trading Hours |
||
---|---|---|---|---|---|---|---|---|
Symbols | StandardPrime | StandardPrime | Short |
Symbols |
Symbols |
Spreads |
Commissions |
Margin Percentage |
Contract Size |
Maximum Leverage |
Trading Hours |
||
---|---|---|---|---|---|---|---|---|
Symbols | StandardPrime | StandardPrime | Short |
Symbols |
Symbols |
Spreads |
Commissions |
Margin Percentage |
Contract Size |
Maximum Leverage |
Trading Hours |
||
---|---|---|---|---|---|---|---|---|
Symbols | StandardPrime | StandardPrime | Short |
Symbols |
Symbols |
Spreads |
Commissions |
Margin Percentage |
Contract Size |
Maximum Leverage |
Trading Hours |
||
---|---|---|---|---|---|---|---|---|
Symbols | StandardPrime | StandardPrime | Short |
Symbols |
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
Mohamed Bdj
20 May 2022
20 May 2022
Surprised by the quality of execution
I was pleasantly surprised by the quality of execution in terms of ideas and advice from PU, which greatly helped my own development.