Here’s how successful traders stay up-to-date
With new price notification feature, you always stay in the know. Receive alerts on your android or iOS device for tracked cryptocurrencies when prices go up or down.
For the everyday crypto investor, you may have felt that gut feeling when you’re on the road and you find out the price of crypto has just rocketed. For some, it might be a feeling of excitement, for others, a show-stopping, “Wait… what if I knew about this immediately?”
You’re covered. We’ve introduced price notifications, which makes it easier for you to customise your alerts on current Bitcoin (BTC) and Ether (ETH) prices. Thanks to our notifications, you’ll be the first to know about market movements, which land directly to your mobile.
How to set up your price alerts:
Go to Trading for BTC or ETH in the Bitwala dashboard
Tap the ‘bell’ icon next to the currency on the Trading screen.
You can create up to ten alerts at a time by setting specific price targets.
Whether you’re interested in finding out when Bitcoin moons, you’re in full control of the notifications you receive.
Let the magic happen!
Watch your notifications pop up on your phone whenever a price target you set is triggered.
Trading strategies: what do I need to know to get started?
To get started with trading, a good strategy is to spend a lot of time learning about the cryptocurrency that you plan to trade. Really research e.g. bitcoin and learn everything that you can about its technical and socio-economical implications. Learn how to read charts and indices and how to interpret the market. Get your feet wet! Starting with a small amount to get a feel for how everything works is key. Bitwala is the perfect place to do this.
Learn as much as possible
You need to learn the lingo: Don't FOMO when the FUD hits! Keep #stackingsats, HODL to MOON and buy the dip! The exciting world of Bitcoin trading has a huge glossary of its own, so get to grips with the terminology first.
Read the news
Sign up to industry newsletters, follow the leaders on social media, engage in group conversations and read the latest crypto press. This will provide valuable insights into trends, market sentiment and other vital topics to build your knowledge and confidence.
Set plenty of price alerts
Set up price alarms within the Bitwala app that alert you when the crypto's price moves. Let our app do the grunt work for you, and concentrate on other important things in life!
Don't be afraid to HODL...
The HODL strategy essentially means holding your cryptocurrency rather than panic-selling it. We’ve made it even easier to HODL your bitcoin by introducing the Bitcoin Interest Account.