Last Updated: March 27, 2025
This article is reviewed annually to reflect the latest market regulations and trends.
While Gold and indices have been the two most traded assets in the previous Tradingcup contests, cryptocurrencies are becoming an increasingly popular market to focus on during the Tradingcup competition.
Firstly, because they generate a large amount of trading activity.
Secondly, because they’re considered to be the best trending markets. Finally, because they’re volatile assets.
Overall, the cryptocurrency market offers endless trading opportunities.
Through Contract For Differences (CFD) on cryptos, the Tradingcup allows its participants to bet on the rise or fall of 9 different cryptocurrencies.
Because you can open more than one trading account during this trading competition, you can use different trading techniques and strategies, including Expert Advisors, to make the most of the crypto-market.
Want to know more about other reasons why the Tradingcup is the best trading contest in 2022? Have a look at our dedicated article!
Which Cryptocurrencies Can You Trade During the Tradingcup Contest?
Over the last few years, cryptocurrencies have become increasingly popular among retail and professional investors and traders.
That’s why ACY now offers 9 crypto-pairs against the American Dollar (USD):
Cryptocurrencies Are Volatile Assets (And You Need Volatility to Win a Trading Contest)
Even though cryptocurrencies like Bitcoin are seen more and more as an alternative hedge against inflation and an uncertain geopolitical environment, as well as a safe haven asset to a certain point, they mostly thrive on speculation, which makes them highly volatile.
Just have a look at the Bitcoin price in 2021…
…and you know how 2022 started!
After reaching almost $48,000 in the first days of 2022, the BTC/USD fell below $35,000 before bouncing back to above $45,000.
Then the token went back down again to around $35,500 before jumping back up to almost $45,000 with the geopolitical tensions between Russia and the rest of the world since Ukraine’s invasion.
This volatility can be a great tool for savvy crypto traders who are ready to exploit the sudden and significant price movements in their trading, because it means that there will be more trading opportunities to take advantage of than with lower volatility asset classes.
How to Best Deal With Volatile Markets Like Cryptocurrencies
So, how can you best manage this volatility to your benefit?
You have to adopt a disciplined approach to maximize your profits and minimize your risk.
Firstly, you need to define clear goals and bolster your defenses, as volatile markets aren’t as easy to trade as markets with low volatility.
They are more stressful and require more from you, the trader. So you need to be mentally prepared to manage the increased risk involved.
Secondly, you should focus on the most liquid and trending cryptos, so then you only focus on those showing strong trending volume and best trading opportunities – which are the ones ACY has decided to offer to its traders!
Finally, you can look out for breakouts or pullbacks, so then you can profit from price acceleration and higher momentum.
Of course, it all depends on the trading strategy you’ve decided to use in your trading plan.
It’s also important to remember to have appropriate money and risk management rules in your trading plan – ones that are adapted to volatile markets, so then you can better protect your trading capital in case the market swings against you.
Final Thoughts
Because you can take advantage of the rise and fall of the most popular and highly traded volatile cryptocurrencies of the market via CFD – Bitcoin Cash, Bitcoin, Polkadot, EOS, Ethereum, Litecoin, Chainlink, Stellar, and Ripple, Tradingcup is one of the best live trading contests for crypto traders looking for a secure and competitive trading environment.
While high volatility is often what attracts traders to the cryptocurrency market as it brings more opportunities to make a profit, it also means that it is a riskier market to trade, and therefore a market where you also potentially have a greater chance of losing.
Remember that to win the Tradingcup contest, you don’t have to show the largest return, you need to prove that you’re capable of providing risk-adjusted returns like reliable and professional fund managers do!
Looking for inspiration to trade the crypto-market? Discover 10 Strategies You Can Copy off Past Tradingcup Qualifiers.
For more detailed insights on developing daily trading routines, risk management, and effective position sizing strategies, explore additional articles on Tradingcup.
Our trading experts at ACY and FinLogix are also great resources to guide your journey towards trading excellence.
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Stay tuned to our blog for more trader spotlights and leaderboard updates.
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