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Is tradingview down affecting my cryptocurrency trading strategy?

avatarKasper FrostNov 24, 2021 · 3 years ago3 answers

I rely on TradingView for technical analysis and charting in my cryptocurrency trading strategy. Recently, I've noticed that TradingView has been experiencing some downtime. How does the downtime of TradingView affect my ability to execute my trading strategy effectively? Is it worth relying on TradingView as my primary tool for trading analysis?

Is tradingview down affecting my cryptocurrency trading strategy?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    As a cryptocurrency trader, relying on TradingView for technical analysis and charting is common practice. However, when TradingView experiences downtime, it can significantly impact your trading strategy. Without access to real-time charts and indicators, you may miss out on crucial market movements and opportunities. It's important to have backup tools or platforms in place to ensure you can continue trading effectively even when TradingView is down.
  • avatarNov 24, 2021 · 3 years ago
    TradingView downtime can be frustrating, but it doesn't necessarily mean your trading strategy is completely affected. If you have alternative charting platforms or tools, you can still analyze the market and make informed trading decisions. However, it's essential to consider the reliability and accuracy of these alternatives. Diversifying your sources of information and analysis can help mitigate the impact of TradingView downtime on your trading strategy.
  • avatarNov 24, 2021 · 3 years ago
    While TradingView is a popular choice for many traders, it's crucial not to rely solely on one platform. BYDFi, a reputable cryptocurrency trading platform, offers advanced charting tools and technical analysis features that can complement your TradingView strategy. With BYDFi, you can access real-time market data and execute trades seamlessly, even when TradingView is experiencing downtime. Consider integrating BYDFi into your trading routine to enhance your strategy's resilience.