the reason people measure against BTC is because that’s usually the gateway to buying crypto. If you bought a crypto using BTC it only makes sense to measure performance against BTC. You can also measure against ETH. Here is a video that explains it pretty well:
I got fired 3 week ago and got into depression, one of my best friends is a crypto trader. Instead of feeling shitty he want to teach me everything about crypto and he said that it might help me to understand the normal 9-6 job life is not the only way. here are the tips and resources he gave me:
Visit and subscribe to high quality news sources that will allow you to keep up to date with the latest and most relevant cryptocurrency and Bitcoin news. This will help you to efficiently find the info you need before you make your trades.
You have to recharge. You don’t need to catch every damn run. Go out. See the trees, listen to the birds, play with your kids and your pets. In short, do the things that matter in life. The markets will be waiting for you when you return.
Unocoin is India’s most popular Bitcoin wallet. It has a built in exchange that allows users to exchange Bitcoin for Indian Rupees (INR). Unocoin charges a 1% fee to buy or sell bitcoins. Over an extended period of usage (minimum 60 days) and a significant transaction volume on your account, there will be an upgrade to “Gold Membership” and the trading fee will drop to 0.7% and the transaction limit per day will increase.
Yeah, I have a considerable amount of money invested in Dogecoin. My only concern with Dogecoin is that it really serves no purpose, so when cryptos begin to take off and become more widely accepted, the coins that were made for a legitimate reason will be the survivors. All other joke-coins, no offense to the Dogecoin community, will become obsolete. That’s just my opinion. I still have some faith in Dogecoin because the community is so strong, but they need to start becoming more innovative and creative with their promotion. I’m sick of seeing shitty memes, knitted doge sweaters from Grandma, or dogecoin crafts made from girlfriends. It’s getting kind of ridiculous at this point. They will never be taken seriously at this rate.
Manipulated or not, you can still BUY it at dump price or when there is a LOWER trending or the volatility is negative and SELL it when the pumping or volatility is moving in UPWARD direction or positive ( at least at a value much higher than when you bought it). Whether there is what you call ” manipulation by insiders or scams”, this kind of buy and sell definitely or certainly MAKES money. In a nutshell, if you buy it at ONE US Dollar, why not SELL it when the trending is upward at TWO US dollars? You get already 100% profit ! Then, follow the same cycle BUY at ONE ( dump) and SELL when it is doubled 50% up (PUMP).
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Here’s how Robinhood Crypto works. You can instantly transfer up to $1000 from your connected bank account (more if you have a Gold membership), with additional funds coming over slower ACH transfer. For smaller traders, that could eliminate the annoying delays on other platforms that can make you miss a low price you want to buy up. The whole Crypto section of Robinhood is styled with an 80s Tron design to denote the 24-hour trading window, compared to its day and night themes for when traditional stock markets are open or closed.
ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Services Board (FSB) of South Africa, with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475 and has an established branch in the UK.
Take a look at the top 5 coins on CoinMarketCap. One of these is not like the other. Ripple is nearly $500 dollars less than the next highest coin. Why is this? Ripple is a legitimate institution? They’ve seemingly got the right sector — banking? Why $0.25 per coin?
This is a conundrum that you’ll need to deal with as an investor or day trader. You can always hold out for more, but at the same time you are risking a loss. If you have bills, just sell the Bitcoin for fiat and don’t look back.
I’d say Coinbase is the easiest way for newbies to buy Bitcoin because the site specifically caters to those who may not be all that familiar with cryptocurrencies. Admittedly, the fees are a little on the steep side compared to, say, LocalBitcoins and Kraken, but the good thing about using Coinbase is that you don’t have to worry too much about security.
Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.
Cryptos can be even riskier than other investments because of extreme volatility and security risks associated with an asset in its relative infancy. But that hasn’t stopped a wave of investors looking to jump in.
If you do trading , you would surely put up time and efforts with it. Staying up for computer for how many hours would be needed as long you are trading because you would really need to see the price movements. This is the hardest part of trading which is the guessing game, as we all know price are too volatile we really dont know on which way it would go thats why it really needs patience and good technical analysis.
Day trading is not an easy job like swing trading as it includes no of trades to be done within a day. Also, day trading using candlesticks pattern in cryptocurrency market is similar to forex day trading because it’s a 24-hour market comparing to stock exchanges where it is opened only for few hours a day. You just need a good grip on day trading skills along with a good day trading strategy and Strong money management techniques that’s it, you can make a plan and execute it.
Growth (Price & MCap): Ethereum has outstanding growth in its short life, but it was only created in August 2015 so it lacks the 8-year track record of Bitcoin. This is significant. Ethereum’s explosive performance in 2017 could indeed fit into the time-frame of a bubble.
There is also an Ethereum-based ETF pending regulatory review, and many such products are likely to follow. For now, there are just a few options available. For example, ticker symbol GBTC is one such security listed on the US-based OTC Markets Exchange, and is available at major online brokerages such as Fidelity, providing stock market investors a way to gain exposure to Bitcoin without buying the underlying or using a derivative.
Although there were controversies as to the actual founder, all that is irrelevant now as the digital currency has gained acceptance across boards and in different businesses. In November 2008, Satoshi Nakamoto posted a paper to a cryptography mailing list, which he titled “Bitcoin: A Peer-to-Peer Electronic Cash System”. In the paper, he gave details on the methods of using a peer-to-peer network in generating “a system for electronic transactions without relying on trust”.
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