The clampdown in South Korea, a crucial source of global demand for cryptocurrency, came as policymakers around the world struggled to regulate an asset whose value has skyrocketed over the last year.
Day traders need to be constantly tuned in, as reacting just a few seconds late to big news events could make the difference between profit and loss. That’s why many brokers now offer user friendly cryptocurrency mobile apps, ensuring you can stay up to date whether you’re on the train, or making your sixth coffee of the day.
Yes!!! Finally I’ve been waiting for someone who will just explain instead of just talk. Please I hope you won’t just talk about trading with out leaving the view with nothing learnt. So I look forward to your videos and your success here. Thank you
The investments made by wealthy traders increase the price of a specific altcoin or coins. These traders, also known as “whales”, inject a massive amount of capital into any low-priced or new coin — and that is what builds the hype around that coin. Once the price of a coin rises, the whales often end up selling all their coins on exchanges and incurring a huge profit.
How Low Can Bitcoin Go? Towards the end of the interview you will hear Peter Boockvar say that money printing, debasing of fiat currency and inflating of the currency by central banks is part of the problem and that it has also impacted Bitcoin. Peter Boockvar Interview on Bitcoin in 2018 CNBC Anchor: “How low […]
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For a lazy investor, building a Cryptocurrency portfolio is perfect – spread your investment across 5 – 20 coins, protect your investment properly (more on that in a moment), and then just sit back and wait a couple of years.
The information provided from Cryptocointraders.org and accompanying material is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
The process for beginning to trade cryptocurrencies is simple, but there are a few notes that are vital to your understanding. These are similar to the ones above, but this time they are applied to using Coinbase.
Once you have some basic theoretical knowledge, you are ready to start putting theory into practice, without risk. Signing up to a demo brokerage account allows you to make trades in real-time, but with fake cryptocurrency. Sure, you might as well be trading Monopoly money, but this is a risk-free way of gaining valuable experience as a day trader. You will quickly develop strategies; seeing what wins and loses will prepare you to start winning on the (real) market.
Best profits to make are the ones from the long term and not short term trading If you ask me and in that case you don’t really need to watch the market and stuff 24/7 Instead you could just check the price twice/thrice a day . Sometimes things are simply not going to go as you want ( specially daily as prices could stay so stable and don’t move) so yeah I consider day trading as being dead.
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.
According to the graphs, we determine whether the value of the currency is going to decline or rise. Graphs can be different in appearance. For example, some display changes at 15-minute intervals, and some changes occur once a day. Orders are, roughly speaking, user requests for the purchase or sale of currency. According to the history of transactions, you can track what transactions were conducted on the exchange recently and with what tools. By the volume of trade, it is possible to judge which mass of the crypto currency has passed from one source to another in a certain period of time.
Disclosure: Several members of the Futurism team, including the editors of this piece, are personal investors in a number of cryptocurrency markets. Their personal investment perspectives have no impact on editorial content.
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Let’s take a look at the Bitcoin technical picture at the H4 time frame. The market is about hit the projected target zone for the wave (c) of the wave (2) and now it should bounce form it in order to test the local technical resistance at the level of $9,434. The market conditions are now oversold, so it should help to bounce in the short-term. Nevertheless, if …
I tried it and in the end I’m just happier HODLing. Alts are just pumped and dumped way too often and if you’re not watching constantly you can get screwed so quickly. Actually even if you watch you can get screwed. It’s a tough business to be in.