The thing is thou that crypto currencies will never go away, it simple cannot be erased or ignored anymore, the banks start to fear as they are losing business and some smart countries like some Scandinavian ones are integrating some cryptocurrencies in their society making it more mainstream and accepted.
You ought to know that no trader wins 100% of the time. In fact, many successful traders win 60% of trades – this is an acceptable figure. To hold on to your wins and minimize your losses, you will need to put in place systems that guarantee this (see the Stop Losses and Take Profits section below).
Robinhood runs a relatively lean operation, which allows the app to forego typical trading fees. Unlike similar stock trading services like E*Trade and Scottrade, Robinhood does not employ sales representatives or national marketing campaigns, meaning the platform incurs less overhead costs. The company profits by collecting interest on the money customers give Robinhood to hold. It also sells Robinhood Gold subscriptions, which give customers the ability to borrow money from the company for trades.
Also consider that technical analysis techniques for traditional stock, commodity, and forex will be less accurate here, due in part to the inherent differences of this asset class. Remember, you’ll essentially be trading programmable currency, which is a very new thing for most traders. You’ll want to couple your chart analysis with fundamental research- like how a particular coin works- to better understand how people will be using that coin. This alone can account for a big difference in price action between two seemingly similar assets.
GDAX is a cryptocurrency exchange that is great for technical traders and offers high levels of liquidity. Deposits are in USD and can be processed just as rapidly as withdrawls. Also happens to be the best ethereum exchange for serious players in this space. For more information on GDAX.
First off, i never knew about this site, i stumbled on your article while i was looking for articles on how to trade cryptos on the internet.I became curious when i saw the outpouring of positive comments so i decided to sign up and follow Luc.Unfortunately those videos are no longer available due security breaches.Gutted i must have come in so late.I would like to appeal to you for the sake of the people who have genuine interest in trading cryptos, can you post videos on how to read and interprete the charts.This is one area im inching to learn.I would be grateful if i can have video tutorials on this
Keep in mind that there are sometimes very smart people behind it that try to push the envelope of what is done till that moment but in the end, the unit in one way or another relates to the value of other established currency, which is the format all currencies are following
Make videos or tutorials and I’m sure the guys here will fund your effort with upvotes…win-win situation. That’s what’s great about this platform. Seems like a lot of people are interested and you seem very honest and a great teacher. The majority of us are really intelligent and can become great students.
I believe that the volatility creates a great opportunity for trading crypotcurrency that may not exists in the future. That’s why I want an experienced traded who was/is successful at day-trading answer that question.
South Korean Financial Services Commission Vice Chair Kim Yong-beom told reporters that starting next week, local banks will launch a real-name system for trading of cryptocurrencies to help curb speculation and criminal activities.
While Bitcoin currently comprises around half the entire cryptocurrency marketplace, exclusively focusing on that option is simply holding yourself back. Another major crypto worth your attention includes Etherium (its “Ether” is currently worth around 40 percent of Bitcoin) as well as Litecoin and Ripple, which are notably smaller and more volatile digital currencies.
Hey Will. Thanks for the helpful guide! I’ve just gotten into crypto and found this info extremely useful. Just a question regarding how you keep your alt coins safe. As far as I can tell, you can’t keep many of these alt coins on a Trezor hard wallet, so do you just use something like My Ether Wallet instead? Cheers mate! Here’s to a cracking 2018!!
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Lack of regulation for cryptocurrencies mean that 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.
Not all the coins we expect and we predict will go up every day. Fighting in the crypto world also has a challenge like this, just as we trade in the real world. Sometimes we sell, and sometimes do not sell. So, we’ll get profit when we are lucky.
This gives another financial technology startup and popular digital currency exchange, Coinbase Inc., a new competitor. It’s unclear how many of these new accounts either moved from Coinbase or have accounts at both startups, but each firm is targeting a similar demographic. According to a recent survey, more than half of Bitcoin holders are between the ages of 18 and 34. Robinhood said its average customer is 30. When comparing the user bases, Coinbase had 13 million users as of late last year.
check out trevon james on youtube, he has some trading videos, also tone vays’ channel, and i want to say the coinigy guys have videos too but dont quote me on that one. There are quite a few people to watch there. Most of them are on steemit anyway. Dont do what they do, just see what they do if/how it works, and if not then you know what not to do. there is a lot to learn from others. even if they’re mistakes!
Well I really dont want to post numbers, but lets just say, im not trying to help others to get any financial gain from anyone. I make plenty trading.. And I trade mostly stocks.. But the crypto world is full of opportunity right now, and it would be sad to miss out.
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