How to Build a Simple Bitcoin Trading Bot, Part 1

Algorithmic trading is the process of applying the same set of rules to make buy and sell orders in a market - it involves applying the scientific method to trading in order to develop an effective strategy.

He enjoys trading cryptocurrencies and also writing algorithms that trade for him.

Once you have developed a trading strategy that works, you can begin testing it in a real market.

Investing is the process of buying and holding an investment over long periods of time, while trading is the process of buying at a low price and selling at a higher price in a short amount of time.

Investment decisions are more heavily focused on the fundamentals of an asset, while trading is more focused on the price action and volume of an asset.

The fees for trading are lower for smaller amou.

Low liquidity helps retail traders because smaller amounts of capital are easier to trade within illiquid markets.

How can we trade momentum and mean-reversion inefficiencies?

Once we determine this, we can figure out how to trade that asset.

In the next part of this article series, we will explore how we can use momentum strategies to trade cryptocurrency.