Just wanted to know what to do if your currency is doing crazy well and you have made a 100% profit . Do you wait for it to touch the moon as the hype is ? Or you should sell at a profit and hope it comes down and sell again?
yeah let’s encourage people to dump their money in some shady exchange trading a ‘currency’ that nobody uses. It is really stupid to expect having an edge with trading without spending at least more then a year full time learning how to do it.
One advice I’d give beginner traders is to avoid falling for ICOs, or Initial Coin Offerings, in the short term and stick with the more established currencies like Bitcoin, Eurotheum and Litecoin. According to MarketWatch, an ICO is “a fundraising means in which a company attracts investors looking for the next big crypto score by releasing its own digital currency in exchange.” The ICO is similar to a initial public offering (IPO), but with a crypto twist and (as of now) no regulatory hoops jump through.
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%.
The problem is the pop-press is used to playing the game at slower speeds. It’s as if they were good football players in college only to go to the pros and have guys blow right past them. It’s a totally different level. This is the e-Sports universe.
Let’s get to the point, what in the world is an ICO? An Initial Coin Offering is a transaction type designed to help spur up and launch new cryptocurrencies and give them some traction. Essentially, it is a fundraising tool designed to boost the newly born currency into the online world. The idea is that you invest currently launched cryptocurrencies into the new currency you are favoring in an exchange for future cryptocoins of the freshly launched or to be launched currency. It’s somewhat simple: you give the launchers some Bitcoin or Ethereum and you get some of their future Unicorncoin, assuming those don’t exist yet.
On our website you can also learn about buying or investing in several types of cryptocurrencies and read our guides on how to buy cryptocurrency with a credit card or paypal. Through our website you can learn about the best websites, exchanges and brokerages where purchasing cryptocurrencies and / or trading them in the easiest and safest way can be done.
It is possible that you are relatively new to the cryptocurrency world and therefore know little, or nothing, about Bitcoin. Bitcoin is the pioneer cryptocurrency launched in 2009 by a software developer called Satoshi Nakamoto.
If you are not quite happy with the daily price volatility of Bitcoin as of recent (too low as you seem to imply), try trading on margin. After you lose half of your account thanks to a sudden price drop or spike (depending on which side of the trade you are going to take), you will soon learn the value of being patient or even indulging…
While markets like cryptocurrency are extremely volatile and all investors are subject to its price fluctuation including Miles, SP, myself, and you, good habits will help mitigate the losses and maximize profits.
In addition, in its official blog post, Korbit also said on Jan. 19 that the existing fund deposit method will be terminated and replaced this month. It added that users “must have a Shinhan Bank account registered under your legal name.”
I think we are both in the same boat right now. I am a real time learner who dabbled recently into trading using bittrex platform and I did loose some coin (Thank God I didn’t really trade with much coins). I am looking forward to learning from @quickfingersluc and I hope I can catch up as fast as possible. To me, trading seems emotionally draining though!
Don’t be greedy. No one ever lost money taking a profit. As a coin begins to grow, the greed inside us grows along with it. If a coin increases by 30%, why not consider taking profit? Even if goals are set to 40% or 50%, you should at least pull out some of the profit on the way up in case a coin doesn’t reach the goal. If you wait too long or try to get out at a higher point, you risk losing profit you already earned or even turning that profit into a loss. Get into the habit of taking profits and scouting for re-entry if you want to continue reaping potential profits.
CFD trading offers instrument with high leverage. Many brokers offer CFD (certificate for difference) trading with cryptocurrencies. Features like guarantee stop, loss protection, free training, bonuses and much more are presented.
But here are the basics… a blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. By design, blockchains are inherently resistant to modification of the data, and serve as a public ledger of transactions between two parties. To date, the best analogy I’ve heard for blockchain compares it to a Google Doc:
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.
This is an alternative to mining that does not require vast amounts of electricity. The idea is that you stake the cryptocurrency that you own over a wifi connection. That crypto that you stake is used to validate transactions on the blockchain, and you are rewarded more cryptocurrency for putting the currency you own in the pool.
Few days after something happened, I stared to make trade by my self and I make some money on my account I was really happy for that it is went to change my life but at the next day bad news again, I received an email from my account manager that my trade was a mistake because the company was hacked and I never received a call for the company just emails traying to explain something that I don’t understand I’m waiting yet this call.
Oh and I did make money. I was just mad I didn’t make more. That’s when I knew I needed to take a break and do nothing for a day. I got up late, took a walk, ate a nice breakfast and apologized for being a jerk to my beautiful lady.
No-commission stock trading app Robinhood will let you buy and sell Bitcoin and Ethereum without any added transaction fees starting in February, compared to Coinbase’s 1.5 to 4 percent fees in the US. And as of today Robinhood will let all users track the price, news, and set up alerts on those and 14 other top crypto coins, including Litecoin and Ripple.
Online you can also find a range of cryptocurrency intraday trading courses, plus an array of books and ebooks. The more information you absorb the better prepared you’ll be, and the greater chance you’ll have of maintaining an edge over the market.
“[JD.com plans to] partner with innovative blockchain startups to build new businesses and create and test real-world applications of their technologies at scale. We are excited to work with some of the world’s most innovative startups to explore ways we can scale these cutting edge technologies for the future of retail and other industries, as well.”
The project went live in 2015 but by 2016, the value of an Ether skyrocketed to $14 per coin. If you spent $100 then, it would have given you 250 Ethers and by the end of 2 years (in 2016), that would have been worth $3,500.
More coins would fly, and some of the returns were huge. Ripple and Digibyte were two of the best. Then during April and May, things started to get insane. Everything was flying, in May alone my portfolio jumped +158%. If someone had offered me that for the year when I started, I would have snapped their hands off.
Lots of influential actors — Governments, banks, regulators — fear Bitcoin and try to kill it on a regular basis. Bitcoin takes massive hit after massive hit, but it has always rode the punches and bounced back. Experienced traders have noted this and the advice is to buy the dip. This is the Honeybadger Trade.
We are gradually rolling out access to Robinhood customers residing in California, Massachusetts, Missouri, Montana, and New Hampshire, and look forward to releasing crypto trading functionality in many more states later. In the meantime, all investors on Robinhood can monitor and track market data for 16 cryptocurrencies.