It’s important to learn, but for now, If you’re just interested in trading and investing, having a basic common-sense understanding of business, consumer demand, and economics is enough to give you an edge over other traders (at the moment). Most of the current batch of traders are early cryptocurrency adopters, cryptocurrency “miners,” programmers, and basically people that are more tech savvy than business/market savvy.
Many see TRON as an end of the online entertainment system as it is today – forced by giant corporations and companies such as Google, Apple, Youtube, Spotify, and others. Content creators might get another option and not have to go through these “middle men” anymore.
You can get a FREE copy of my first novel, The Scorpion Game, when you join my Readers Group. Readers have called it “the first serious competition to Neuromancer” and “Detective noir meets Johnny Mnemonic.”
Once the limit order is set, be patient. Give the price time to fluctuate—testing highs and lows—and see if your limit order catches a buyer (or seller). There is no hurry to cancel you limit orders, so resist the urge to rapidly change your limit order prices. Many experienced investors will set multiple limit orders at consecutively lower prices to take advantage of a big selloff or take some profits when the price tests a new high. Limit orders are your best friend, use them.
Back in 2012, I tried day trading stocks on Plus500, a CFD platform and I got badly burnt. I started small and made some nice gains, and as my confidence increased, I was trading more. I was using the volatility of tech stocks to go long and short based on the movements in price. Some days I would lose, some days I would win, and some days I would win big.
The moves follow warnings by South Korean authorities that they might ban anonymous trading in cryptocurrencies and crack down on speculative trading. Regulators are seeking to prevent use of crypto currency trading for money laundering, tax evasion and other crimes.
CoinATMradar provide a global map of bitcoin ATMs. This allows you to use cash to buy in person at a physical machine. This is one of the most underrated means of purchasing with no verification of ID, and allows users to stay anonymous with over 869 ATMs srpead over each continent.
Bitcoin has made many millionaires and you could be the next if you take the bull by the horns and invest in the digital coin. But don’t take my word for it; you need to do your own investigations and confirm what I am saying.
Since Entry June 2014: Portfolio is x 46.5, i.e. has increased 4,550%. My average Bitcoin buy price (June 2014 to December 2015) was $540. Bitcoin (at its current $13,947) is x 25.82, increase of 2,482%.
On most stock trading services like E*Trade and Scottrade, customers pay around $7 per trade to cover these companies’ marketing, physical branches and sales reps. Founded in Robinhood ditches those fees by running a lean operation centered around engineers and its app. It makes money on the interest of cash its customers keep with it, or by selling monthly Robinhood Gold subscriptions that let users borrow money to trade with.
The shitcoins are exciting too as if they become legit, they can increase in value rapidly by 10,000% or more. You can make a killing on shitcoins, but you can also lose your money so you need to be careful – more on that in a bit.
Stanley Druckenmiller has written about his dealings with George Soros whom he quotes as saying ‘When you see it, bet big’. The funny thing is, I was mocked by a Hedge Funder on Twitter named Sarah Cone (@impcapital ) when I revealed that I had seen it and I had bet big. I bet big with my entire fucking pension.