Let’s discuss the correct way of using the order book. A coin’s value is determined by the last executed transaction, at the junction between buyers and sellers, or according to the supply and demand forces. Those supply and demand commands are arranged in a table, better known as the order book. In crypto, it’s all about volatility. Thus, and following the previous tips given in our crypto trading article, when you enter a position it is recommended that you set the sell level to take profits. Alternatively, while aspiring to make it simultaneously, set a stop loss to minimize losses. But how will we know exactly where to place these commands? To identify both resistance and support areas, we start by analyzing the graph at the most basic level. A beginner’s technical analysis article will assist with this task. We identify points where we want to take profit (resistance levels) and simultaneously identify support levels. By referring to the order book we will find the optimal levels at which we will actually place these commands. Note that if support levels break down it is time to cut the losses.
Needless to say, Bitcoin’s place as an alternative digital asset among cryptocurrencies has become entrenched, despite likely headwinds it will continue to face as it evolves further. The U.S. Securities and Exchange Commission (SEC) announced in early August 2017 that certain Initial Coin Offerings (ICOs) – which use cryptocurrencies for financing – would be regulated as securities.
Knowing generally how people are behaving, how they are feeling about the coin’s activity, and the news flow (i.e. government, or big business factual news about the space) surrounding the upturn or downturn that will push it one way or the other is the key to this strategy for the trading of cryptocurrency.  One can’t really tell exactly but using the right clues we can make smart decisions based on the preponderance of the evidence.
A week in the crypto market is equivalent to three months in the traditional capital stock exchange, in terms of events and occurrences. One who wants to jump right into the deep water of crypto trading has to follow it not just on a daily basis, but on an hourly basis. It’s not everyone that can play this game. Nevertheless you need to consider the amount of time invested in the process. Sometimes it pays off to be a long-term investor, rather than a daily trader. By the way, as a daily trader it does not necessarily mean you are bound to buy and sell and trade every single day. Trades can reach their destination within minutes, as well as within months. Think about the time you are willing to invest in studying and tracking the market. Remember your time has marginal cost, or in other words – your time has a price tag. If you have decided to put your time and effort into trading on a daily basis, it is better to start with small doses and examine the performance prior to increasing invested amounts. This is yet an additional benefit of crypto – the possibility of trading on micro-transactions. Unlike the capital market, where if you put an eye on Apple stock, you would need to buy a minimum share equivalent to a couple thousand bucks, in crypto you can perform transactions of a few cents.
Bitcoin trading occurs on exchanges. These exchanges accept your fiat currencies (like USD and EUR) in exchange for a cryptocurrency (like BTC). These exchanges maintain a liquid pool of bitcoin, allowing users to withdraw their bitcoin at any time. Investors who wish to trade on that exchange can deposit bitcoin into their personal wallet on the exchange, or make a wire transfer to the exchange’s bank account. The exchange notices this transfer, then credits your account.
We did it! We made it through all the fundamentals needed to start trading cryptocurrency. I think you might agree that each individual concept on it’s own is not terribly complicated. You might even be thinking: “This sounds really easy! I’m going to be a millionaire by Christmas!” It’s great to be ambitious about getting started, but slow your roll. It’s going to take some work to put all of these concepts together, and the only way to do it is to start trading.
On Bibox, you’ll be able to trade only in the form of crypto assets hence, no space of fiat exchanges. It allows you to trade cryptocurrencies in markets like Ethereum, Bitcoin, Tether, and Dai. What makes Bibox unique for your choice is its use of smart AI algorithms for ensuring optimal trades. Moreover, you can trade on Bibox with its very own token offering.
If your focus is to conduct crypto-to-crypto trading, Binance is one of the best options. Ranked as one of the most popular cryptocurrency exchanges worldwide, they provide you with impressive offerings along with an extremely low trading fee. Although the Binance platform is a young entrant into the market, it is rapidly growing, and holds a huge selection of altcoins with Bitcoin, Ethereum, and Tether pairings.
Be more cautious about investing your 401k into Barry Silbert’s Bitcoin Investment Trust $GBTC. The (European) XBT Provider ETN is an open-ended fund which means it maintains a premium to the NAV close to 0% at all times. The Bitcoin Investment Trust is an inferior investment vehicle because it is a closed-end fund (it does not increase its holdings of the underlying asset when demand for the product increases) which means it is subject to wild swings in its premium, which has been as high as 150%. So you could make the mistake of buying when the premium is high and suffer swingeing losses even when the Bitcoin price is stable.
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Follow us on Twitter, Join us in Telegram. Stay tuned. #buymorebitcoin
Keep a critical perspective on the data that exchanges are providing you: technical analysis is only as good as the data it’s analyzing. When looking at volume numbers, for example, ask yourself: What’s the source of this information? Has it been validated? Could other factors be skewing the number? Beyond just looking at the numbers, it’s important to understand the meaning of those numbers: what they imply, and what biases could be influencing them.

One interesting development that we have seen with the advent of blockchain technology is the cryptocurrency market. Blockchain has spawned an entirely novel marketplace of investible digital assets. Like with any other existing traditional markets such as stocks or bonds, the cryptocurrency market is ripe with opportunities for those that are able to capitalise on them. There are a variety of different trading strategies that one can take to ‘beat the market’, here are a few that are most commonly employed.
Although I profited, I wasn’t sure if I just had a lucky month. I wanted to formalize my trading knowledge so I could do more than buy low and sell high. There had to be a real strategy to this stuff. I read as many books as I could on trading stocks and foreign exchange markets. I made a lot of mistakes. But eventually I found my rhythm and strategies.
In order to keep your crypto investments safe, you can keep your records in a separate hardware wallet and keep a track of your trading stack. Features of some cryptocurrency exchange platforms may vary from other platforms and that’s why it is important for you to find the one that matches your needs. Once you are sure about the exchange that fulfils your requirements, go ahead and trade.
Security Key – I recommend taking this key, and saving it in three places. Write it down and store it in a book or journal, bury it in your email, and take a picture and lock it behind a vault-app (I like to use Keep Safe – it’s free and secure). This ensures that you have mutliple means of accesing this important key. In case you get locked out of your account, or lose your phone, this is the only way to get into your Binance account. Heed my advice. This is like crypto-insurance, and you never need insurance until you fucking NEED insurance. Take the steps, and make sure you do it right – you won’t regret it.
Like any other loan, this borrowed Bitcoin must be paid back with interest. On losses, you will need to pay back the loss and the interest. Poloniex offers up a great guide to margin trading that explains everything you need to know. It’s worth reiterating that the estimated liquidation price is the price at which a forced exit from our position would occur, costing us all of the Bitcoin in our margin account so that it may be used to pay back the borrowed coin. Utilizing stop limits to avoid this is almost always a good idea.
One of the basic strategies that you can look into is buying at the right time. It is natural to buy cheap when there’s a surplus of assets lying around. The challenge is to know when the supply is greatly ahead of the demand. Profit can be easily made with the gap between the cheap purchase an expensive sell. Another ideal way to purchase coins is at the time when ICOs (Initial Coin Offering) is introduced.
A beginner might prefer to trade cryptocurrency stocks on the stock market (GBTC is a trust that owns Bitcoin and sells shares of it; trading this avoids you having to trade cryptocurrency directly). The main Bitcoin stock here in 2018 is GBTC. Be aware that GBTC trades at a premium (meaning bitcoins are cheaper than buying shares of the GBTC trust), which isn’t ideal. Also, cryptocurrency trading is a 24-hour market, where the traditional stock market is not. Learn more about the GBTC Bitcoin Trust and the related pros and cons before you invest.

I downloaded the app and under Fund management the first option is to bind bank card BUT THIS is only for Banks in China then the second Option is BIND ALIPAY , but I face issues when I enter my email account (alipay registered email acc) and click submit button nothing Happen. It says “PLS fill your own alipay acc” and “Click the view below and Upload the alipay code”, I fill my info and click to the logo of alipay but nothing happen like what it stated
ACTION: Go out and find a few other people that trade, find people you trust. Start a group chat on Facebook messenger — or on whatever platform you prefer. Each of you should research 2–3 credible sources to begin following and then delegate the sources equally. Each day your team should study their respective sources and relay only the necessary information to the group, focus only on information that is crucial for advising trading decisions.

Bitcoin (BTC) has been engaged in a predictable up and down pattern where it absolutely crashes at the beginning of any year and then sky-rockets as the year nears its end. Bitcoin held steady at around $19,000 in December 2017, and then sure enough – crashed big time to around $6,000 at the beginning of 2018. At the time of writing, March 8th 2018, the price of Bitcoin is relatively stable between $10,000 and $12,000. In my opinion, the price will run again soon.
The main reason I’ve now started trading almost exclusively on Binance is because of the massive range of coins available. Many exchanges don’t offer more than 20 or so coins, Binance offers hundreds. Binance focuses on hosting newer alt coins before other exchanges so often the cheapest place to buy certain cryptocurrencies anywhere online is on Binance, this can give you a massive edge if you pick up coins that are only listed in a couple of places and those coins then go on to do very well and get listed elsewhere; this will push up the price and you’ll make a killing just for entering early.
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 4/03/2018 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
ShapeShift is the leading exchange that supports a variety of cryptocurrencies including Bitcoin, Ethereum, Monero, Zcash, Dash, Dogecoin and many others. Shapeshift is great for those who want to make instant straightforward trades without signing up to an account or relying on a platform to hold their funds. ShapeShift does not allow users to purchase crypto’s with debit cards, credit cards or any other payment system. The platform has a no fiat policy and only allows for the exchange between bitcoin and the other supported cryptocurrencies. Visit the Shapeshift FAQ
Backed by trusted investors and used by millions of customers globally, Coinbase is one of the most popular and well-known brokers and trading platforms in the world. The Coinbase platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone or through trading with other users on the company’s Global Digital Asset Exchange (GDAX) subsidiary. GDAX currently operates in the US, Europe, UK, Canada, Australia, and Singapore. GDAX does not currently charge any transfer fees for moving funds between your Coinbase account and GDAX account. For now, the selection of tradable currencies will, however, depend on the country you live in. Check out the Coinbase FAQ and GDAX FAQ
Coinbase is arguably one of the most popular Bitcoin exchanges online, as well as one of the most widely-used wallet solutions. Based in San Francisco, Coinbase boasts more than seven million users from around the world. One of the biggest features of the Coinbase platform is the simple functionality and ease of use it offers- many leading Bitcoin experts have crowned it as the most newbie-friendly Bitcoin wallet solutions online today.
Verification Requirements – The vast majority of the Bitcoin trading platforms both in the US and the UK require some sort of ID verification in order to make deposits & withdrawals. Some exchanges will allow you to remain anonymous. Although verification, which can take up to a few days, might seem like a pain, it protects the exchange against all kinds of scams and money laundering.
Bitcoin (BTC) has been engaged in a predictable up and down pattern where it absolutely crashes at the beginning of any year and then sky-rockets as the year nears its end. Bitcoin held steady at around $19,000 in December 2017, and then sure enough – crashed big time to around $6,000 at the beginning of 2018. At the time of writing, March 8th 2018, the price of Bitcoin is relatively stable between $10,000 and $12,000. In my opinion, the price will run again soon.
Crypto exchanges no longer serve a small community of early adopters, but an entire market of crypto enthusiasts that just can’t get the level of service they are looking for when trying to exchange cryptocurrencies. Introduced by the same people who brought AAATrade to the world of CFDs, CryptoExchange is a relatively young cryptocurrency exchange that has gained popularity among crypto enthusiasts these days. The platform aims to resolve the hassle associated with the slow approval process and poor customer support that characterizes traditional exchanges.
The main reason I’ve now started trading almost exclusively on Binance is because of the massive range of coins available. Many exchanges don’t offer more than 20 or so coins, Binance offers hundreds. Binance focuses on hosting newer alt coins before other exchanges so often the cheapest place to buy certain cryptocurrencies anywhere online is on Binance, this can give you a massive edge if you pick up coins that are only listed in a couple of places and those coins then go on to do very well and get listed elsewhere; this will push up the price and you’ll make a killing just for entering early.
You need a trading plan. You can basically consider it to be a blueprint for success. Your plan has to take everything that you can into account like entry and exit of money, risk management, time frame and even position sizing. Without a plan and too much emotion, you will be gambling instead of trading and you will never know how to improve your skills to become better.

Bitcoin tends to find resistance at whole number points. For example, at $4.8k and $4.85k. It also absolutely loves to react at whole numbers like $10k and either drop or run. If you know you want to take profits soon or buy soon, keep an eye on those whole numbers. If you feel like the run must almost be over, pull your profits before the whole number is reached!


Lots of traders use bots (you might want to as well if you have the chops). To the next point, lots of traders use trading bots. Some are white hat; some will try to get you to make bad trades. Keep an eye out for bots. If you are using a bot, be careful, there are bots designed to exploit poorly programmed bots. In general, if you don’t have a solid grasp of TA and crypto trading, skip the bot. They are only as useful as the strategies they run.
Cryptocurrency exchanges are websites where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account. If you just want to make the occasional, straightforward trade, there are also platforms that you can use that do not require an account.
Everything is laid out in a simple step-by step system that is easy to follow. As a student, you can choose between two video courses; a basic and an advanced one. Both of the programs are designed to first give you a strong foundation and then gradually, in a logical succession, build on that knowledge. The basic program will offer you plenty of knowledge and insight to trade successfully on your own, while the advanced course takes it further, equiping you with deep understanding of advanced trading techniques and strategies.
You could try this instead: Be sure to keep reading crypto news and price analyses — not just staring at charts. Even though you shouldn’t give in to the FOMO and FUD generated by many crypto articles, you still need the news in order to stay apprised of market conditions. Also consider setting stop-loss orders to ensure that your losses will be mitigated in the event of something like contagion. 
Always learn from your mistakes. Never accept a total loss. Always evaluate the situation and try to figure out why it happened. Take that experience as an asset for your next move, which will be better because you are know more now than you knew before. We all start off as amateurs, and we have all lost money throughout out trading experience. In his first month of trading, Miles went from $1,000 to $300. I’ve lost a lot by selling at losses inspired by fear. No one is perfect, no one wins every single trade. Don’t let the losses discourage you, because the reality is they’re making you better trader if you choose to learn from them.
×