The cryptocurrency world hasn’t been the same since Bitcoin and Ethereum dominated the market. Ethereum’s popularity in particular has exponentially increased year after year, attracting traders all over the world to finally hop on board. Its allure is partly due to its uniquely diverse nature as a currency, allowing it to function as both a store of value, like Bitcoin and means of exchange. But what really drives its popularity is that Ethereum is not only open-source but also offers zero transaction fees on any type of transaction.
The ability to trade without fees is what makes CRV so popular with traders today but it doesn’t come without risks along with convenience.
What is CRV?
Cryptocurrency Revolution Volume 2 (“CRV 2”) is a training program that teaches traders how to choose the best currencies based on volume, risk-reward ratio, and potential for short-term gains. In short, it’s a cryptocurrency trading course that helps traders learn how to spot and exploit trends in the market. Not only does this system help eliminate emotional decisions when investing – an issue that plagues most novice traders – it also makes use of the fact that some currencies are more likely than others to see sudden fluctuations in price despite having little news or any form of fundamental backing.
The CRV 2 system is explained in detail within a course textbook that McKay himself penned and published in late 2017. The book – now also available as a digital download – is titled Cryptocurrency Revolution Volume 2: How to Profit from the Next Global Boom with Bitcoin and Other Coins, covering everything from how the system works all the way to why it works so well.
How It Works
The CRV 2 program uses volume as a determining factor for which currencies are likely to grow at an exponential rate over the next 24 hours. This means that currencies with a high volume are more likely to see sudden changes in price as investors respond to news and changes in the market.
By using volume, CRV can make use of Bitcoin’s ability to absorb massive amounts of money without moving prices at all. The system also addresses the issue of volatility by measuring it against a currency’s rate of return. CRV takes this into account, giving it the ability to accurately measure risk in trading and allowing traders who desire a more constant experience for trading low-risk assets to achieve this.
Another way that CRV has proven successful is by exposing you not only to coins with high volume but also ones with low risk-reward ratios.
Uniqueness of CRV
The concept behind CRV 2 is unique in the fact that it doesn’t use fundamentals or news to determine which currencies will work. Instead, it uses volume as a determining factor and then measures this against currencies that have shown consistent growth over time.
Another unique aspect of this system is that, once you’ve chosen your currencies, it makes use of stop-losses and trailing stops. The stop-loss is a way of guaranteeing profit and the trailing stop helps to maximize any position you’ve already taken and ensure you don’t lose money in a market correction. Both are used constantly for trading and are essential for increasing short-term profitability.
How To Trade CRV 2
Once you’ve learned how to trade with CRV, you can begin by choosing a currency. Once you’ve chosen your currency, you will be given the option to choose a position or create a new one. If you’re new to trading or just setting up a new account, we recommend creating a new one here. If you have an account and are familiar with setting up positions, continue on by selecting your position size. You can either enter how much of your trading capital you want to put at risk or leave it in automatic mode where the system chooses for you based on the profit potential for each coin within your portfolio. The higher the potential for profit, the more of your capital is at risk.
