Quote from: jonathan6655321 on July 01, 2019, 08:15:10 PM

I found this article extremely interesting. It raise some solid points about How Many People Are Really Trading Cryptocurrency.

There's a lot of fake data in the market so finding reliable data source is pretty difficult.

https://cdn.cryptohopper.com/images/Blogposts/faktransactions-61.png

After a disappointing 2018, crypto markets are booming once again.

Backed by institutional investors, growing numbers of individual enthusiasts, and broad support for its underlying technology, the blockchain, the entire crypto sector is seeing a resurgence.

According to data collected by CoinMarketCap, the collective crypto cap has nearly tripled since the start of the year. Led by Bitcoin (which has also tripled its value since its low point in 2018) cryptocurrencies are outperforming many other investment assets, including stocks, bonds, gold, and oil.

For those who witnessed cryptos meteoric rise in 2017, this years activity might seem incredibly familiar.

Naturally, now that cryptos are once again an intriguing investment vehicle, exchanges are experiencing a deluge activity. Daily trading volumes have exceeded $70 billion, up from just $18 billion at the start of the year.

At the same time, some are questioning the legitimacy of this data, contending that it may be exaggerated or overblown. With individual and institutional investors alike flooding into crypto markets, now is an excellent time to evaluate the trading landscape and to consider how crypto trading really gets done.

Most importantly, its the right time to evaluate how these factors can help investors capitalize on the most recent crypto boon.

Full article here
https://www.cryptohopper.com/blog/240-how-many-people-are-really-trading-cryptocurrency

Perhaps most importantly, automated trading bots can provide the cryptocurrency trading tools that they need to be successful in this burgeoning market. These can include: Mirror trading, Paper trading, Backtesting, Trailing stops