No, the successful trader is not me. I’ve gotten lucky a few times and I’m still refining and trying out strategies; on the other hand, I’m part of communities of people who trade on a daily basis to grow their portfolios, and while some of the results can be attributed to luck, a majority of it is based on fundamentals, good habits, and experience.
Lack of regulation for cryptocurrencies mean they are highly volatile by nature, and an investment with this can make a lot of money fast, and at the same time it can turn and one can lose money fast. The reason it is not yet accepted by a lot of businesses is partly due to the lack of regulation.
Because the Wolf has an in-your-face persona that rubs many people the wrong way. He loves to stick it to people who say he’s wrong. Any time he posts a call, people are quick to pounce on him and call him an idiot, a douchebag and a shill hucking trading calls. They want him to fail.
Crucially, entry point is very important and I entered many of these coins months ago when they were cheaper, there may be better buys out there right now but as of the time of writing – early January – I am confident in my portfolio and expect my holdings to triple in the next few months.
Hi, I’m Michael and my area of expertise is forex and binary options trading. I specialize in technical analysis, namely in chart pattern setups. I educate traders of all levels and I believe that prerequisite to successful active trading is always knowing risks of the game. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications. I do not give investment advice, but for general inquiries please use the comment section under any article.
In theory, if Bitcoin is trading up and at the same time the OBV was trading down, this is an indication that people are selling into this rally so the move to the upside wouldn’t be sustainable. The same is true in reverse if Bitcoin was trading down and at the same time the OBV was trading up.
i have always stayed away from the stock market, just becuase it can eat you alive if your not carefull or know what your doing. I even read about people losing their homes due to losses. But this crypto currency is different in a way that it can be fun. Its not manipulated! so I have started with $800 last week 300 on BTC and 500 on Eth. I have 0 experience in trading… I mean zero, nada, zilch, but im good with numbers hoping that will keep me from going red. I look forward to your your next teaching vids.
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.
“Magic sucks at TA! Can’t he see that it’s an 87 wave 123, ABCDEFG correction, with a nick-nack patty wack?” LOL Wait a minute, wait a minute. I have another one. How about “Yeah Magic doesn’t know what he’s talking about. I’m going looooong, it’s going to moon from here for sure.” How about this one “What are you talking about Magic, that high sell volume is a …
LOL, I said that the goal for Mazacoin is to become the official currency of the Lakota Nation, never said it was. Nor did I say I believed the story, but at least they started Mazacoin with a goal in mind. What’s Dogecoin’s goal? Oh wait, “to the moon!”
In the following years, Bitcoin evolved as the top digital coin in different crypto exchanges. Bitcoins eventually gave way to hundreds of cryptocurrencies that were collectively known as altcoins. Some altcoins are more than simple coins and tweak the fundamental blockchain technology to reinvent website services and apps and tackle the crises of centralization.
They need to be more save then regular currencies and remain this for a longer period of time. When Ethereum, was hacked which made a damage of around 50 million dollars. It hurt then entire Cryptocurrency world.
I love your excitement.. As for books, unfortunately there mostly all garbage and ihave read a ton of trading books. Nothing like learning direct from a fulltime trader who makes his living in the markets. Especially if that trader isn’t trying to sell you anything. The best people to learn from are those who don’t want anything from you because they are already successful on there own. I make plenty of money trading, I’m just happy to help others in my spare time 🙂
As an alternative to Bitcoin, every altcoin was developed to improve or replace Bitcoin’s technology in different ways. Previously, altcoins were no more than Bitcoin clones. Altcoins initially improved Bitcoin’s hashing algorithm, transaction speed, and distribution method by a narrow margin.
“We believe now is a great time to offer an institutional-focused lending service because it will increase general liquidity in the marketplace, encourage new financial institutions to participate in a two-sided market and increase the working capital that companies use to scale their digital currency-centric businesses,” Genesis Capital said in a press release.
As an ardent supporter of honest hard money, it was at first difficult for me to grasp Bitcoin. If I can’t hold it in my hand, how can it be real? After hour long conversations with my friend who preordered a mining unit a year and a half before its manufacture, he had convinced me of one of the values of Bitcoin – that it is tied to real work and is finite.
The Swissquote Group is fully committed to meeting the highest standards of corporate governance and acts in compliance with the standards established by the “SIX Swiss Exchange Directive on Information Relating to Corporate Governance”.