On April 12th, 2018, Bitcoin’s (BTC) price jumped over 10% in a single minute. If you’d been properly positioned with a good strategy, you could have made a single trade and increased your position’s value by 10% almost instantly. On the other hand, if you were shooting in the dark and didn’t have a strategy, you could have taken a big hit in 60 seconds.
If your focus lies in crypto-to-crypto trading, Binance is the option you can go ahead with. Binance is ranked as one of the most popular cryptocurrency exchanges worldwide. Being natively evolved from China, it offers its features and functionality to traders worldwide. On the top of this, it’ll also provide you with impressive offerings along with an extremely low trading fee. Though the Binance platform hasn’t been too old in the field of exchanges, it has taken over and gained a rapid growth by getting listed in the top 10 cryptocurrency exchange platforms of current times. Binance holds a huge selection of altcoins with Bitcoin, Ethereum, and Tether pairing.
How often will you buy or sell? Some people want to be day traders, but we’ve shown that holding could be the best bet. The general rule of thumb is that the longer of a time horizon you plan on holding for the less risk you incur. This rule carries over into the realm of cryptocurrency from stock investing. However, here may be times to simply cut and run. Declines due to unforeseen structural issues are an indicator to cut losses and sell out.
We are still seeing the bulls grind EMA 4 hour support, but they have to break the lower highs to see continuation and shift momentum. The bears continue to hold the upper paw as long as the lower highs remain. The daily chart continues to tighten and this weekend it will be worth watching other alt coins in daily equilibriums to see if we have any initial ...
Similar to investing, diversification is king. To lower possible trading risks, it’s better to distribute your money into different cryptocurrencies. While some grow, some will fall and by not putting all your money on single bet you can balance the losses. That said, trading requires research and tracking changes and there are a lot of cryptocurrencies — which means a lot of research. Start with a few and expand slowly.

For people who don't pay attention to development trends - one observation of high significance is Go popping up in the popularity list associated with Ethereum. Why is Go in particular an important sign? It's almost as fast and less clumsy compared to C++ and C Sharp. At the same time, it's relatively new. People who know Go are experienced and choosing to learn it because it is better. In my opinion, it will be the default backend language for most Silicon Valley tech companies in the next 5 years. Those same people are choosing to play around with Ethereum using Go.


The platform offers you with good charting, trade history as well as functional order book where you can place orders on your preferred price. As your amount matches with an order of opposite matching, your order will automatically get partially or fully filled. Being a new market player, Gate.io currently allows you to register and create accounts for free. It also allows you minimum exchange fees, i.e. only 0.2%.
Hey, Will, I like this! Thanx for the info. I’m somewhat new to cryptos but not to investing — my Dad invested in the stock market since I was a kid and as an adult I was a registered investment advisor representative for a large US institution. One conclusion I’ve come to is that the skills and approach for crypto investing are no different than those for the stock market. I use the same strategies and analyses I use for stocks and etf’s and feel completely at home in the crypto market. Yes, I deal with more brokerage accounts, etc., but the principles are the same.

Let’s say a trader has bought Bitcoin for almost $20,000 in December 2017. The current price of this crypto is around $7,000-$8,000. It is evident that he has made a mistake purchasing Bitcoin at its tops. Why do many beginner traders do those mistakes? The main reason for this is lack of knowledge and some typical emotions that make them buying when the price grows.


Watch out for odd Altcoins and ICOs. The market is tricky enough with the major coins, it is even trickier with odd alt coins and ICOs. Yes, sometimes you can buy these low and see insane gains. In fact, getting it right is the best bet in crypto. The problem is, almost all the odd coins down the list and ICOs will spend the majority of their life being near worthless. Then, you may see a short time span in which these coins preform well. You would think that you would be able to take profits then, but so many people do not. After that one event these can end up in the graveyard. Yeah, you could make it big on low cost alts and ICOs… but I’ve seen more than a few people lose money. Be careful bottom fishing, Bitcoin might not make you rich, but it is a way less risky bet than coins further down the list.

With these cryptocurrency trading strategies, you can make your purchases based on the strategy that you like best, or combine the strategies and build yourself a unique,  and sophisticated, trading strategy based on a combination of technical information and perceptional info that combined will give you the best shot at coming out on top.  Understanding how to trade cryptocurrency is a formula for success. Of course, there are never any guarantees when it comes to trading, but using good strategies is always better than merely plunking your money down and hoping for you get lucky.
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This analysis can be done by searching for information on the number of transactions performed per day and the investments that banks or financial institutions have made in Bitcoin companies. In addition, information on the growth of companies of Bitcoin and blockchain can indicate a possible growth of cryptocurrency, as well as new use cases such as international payments and payment processors.
Some brokers specialise in crypto trades, others less so. Others offer specific products. IQ Option for example, deliver traditional crypto trading via Forex or CFDs – but also offer cryptocurrency multipliers. These offer increased leverage and therefore risk and reward. Innovative products like these might be the difference when opening an account cryptocurrency day trading.
Almost everyone joins Telegram groups and follows Twitter traders for signals, and there is nothing wrong with that, as long as you do your own research. There is no shortage of ‘shilling’ (promoting coins and market moves for personal gain) across all social mediums, and you will come across tons of people claiming that a particular coin is going to ‘moon’ soon or give 10x gains.
In contrast to Forex or stock markets, crypto industry have much more risks for traders and investors including scam exchanges, hacker attacks, delisting of tokens and the others. Cryptocurrency market is volatile and coins have no underlying value meaning they may cost either $100,000 or $0 depending on demand and supply. Nobody can predict today the price of Bitcoin for several years.
Sure, many lose a lot of money during the panic of a cryptocurrency crash or sell off. But, those that know what they are doing have the range of tools needed to make big profits during this time. Here are five of the best ways to turn a profit during cryptocurrency market turbulence, and how you can easily leverage all of them at once in order to make the most out of the current market opportunities.
For instance, suppose you’re day trading Bitcoin and have a rule that you’ll close your position if its price hits 10% over the price for which you bought it. Bitcoin hits that marker so, like a good day trader, you follow your rule strictly and sell. But then, unexpectedly the price just keeps going up as the market continues to recognize Bitcoin’s value. By focusing on day trading, you missed out on greater potential profits.
Now I have my strategy that I stick to without letting my emotions interfere. I have a set of coins that I like trading so I only look at those charts. I have patterns and indicators that I look for on those charts so I can quickly flip through them. Within minutes I can set my orders, set alerts on my desired entry and exit prices, and walk away from the computer.

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.
Maybe you remember when, thanks to The Wall Street Journal, everyone thought the SEC was going to meet on May 7th to decide whether or not Ethereum (ETH) was a security. If you had taken up a large position in ETH prior to the 7th, you would have been disappointed when the price fell from ~$793 USD to ~$743 USD amidst news that there actually was no meeting after all.
The trading strategy used is bollinger bands. (You can create bollinger bands on graphs in poloniex). The strategy is to buy when price touches lower bollinger band and sell when the price is above your bought price and also hits high bollinger band. If the price goes down and again touches lower bollinger band then invest another 25% of total investment assigned for a currency.
Need a one-stop shop for all your crypto trading requirements? You can place your bet on Bitfinex (BFX). Bitfinex is a popular cryptocurrency exchange platform that allows you to trade conveniently and effectively. Having its headquarters in Hong Kong, Bitfinex has expanded to a great level since its inception in the year 2012. As a reliable source of cryptocurrency, Bitfinex has its daily trading volumes with a net worth of around USD 1 billion.
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The natural inclination for crypto investors is to identify a new altcoin with the potential for growth, invest heavily when it's still inexpensive to do so, and then reap the rewards when the value increases. That being said, the altcoin market is growing so quickly that many new digital currencies hitting the market might not be good long-term investments.
While Ethereum focuses on dapps and Ripple on ultra-fast finances, Monero focuses on – privacy! This technology actually uses cryptography to protect all incoming and outgoing addresses, as well as the transmitted amounts. Monero is an all-in-one solution for all privacy enthusiasts, and as such, it holds tremendous potential for great success in the crypto world. Monero is my favourite coin.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results 

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.


Dollar-wise, as you can see – Litecoin’s price has increased along with Bitcoin (but less). A reminder about the majority of those quoting “Bitcoin has increased greatly, I’ll buy Litecoin”, buy Litecoin with FIAT (or by converting to Bitcoin, then to Litecoin right after – which is the same). Therefore, learning from the graph yet maintaining the same behavior, when Bitcoin’s value drops, Altcoins’ USD value will drop as well (although as a percentage it will probably be less, but it will still go down).
From a trader’s perspective Smith also discussed key BTC prices, namely the $5,800 support level and the $6,800 resistance level, noting that the recent lows of bitcoin are practically the same ones that were touched in April and February, earlier this year. Curiously, these were the same points BTC was trading at last October when bitcoin futures were announced and the price of the world’s most popular virtual currency skyrocketed.
CoinMama is a veteran broker platform that anyone can visit to buy bitcoin or Ether using your credit card or cash via MoneyGram. CoinMama is great for those who want to make instant straightforward purchases of digital currency using their local currency. Although the CoinMama service is available worldwide, users should be aware that some countries may not be able to use all the functions of the site. CoinMama is available in English, German, French, Italian and Russian. Check out the CoinMama FAQ

I have been using Coindex for a long time now and am constantly impressed by the time and care Josh and Cellaflora put into the project. There is an emphasis on perfection and testing the app's features before release and this has amounted to a polished and irreplaceable part of my iPhone. Coindex will always have a space on my dock and can't wait to see what they add next :)
The victims of the dotcom crash would talk about “the smart money,” this group doing that to another group to make money out of them. Narrative is a weak basis for investing. In crypto-times, people talk about whales as if there is a secret level to the game and secret methods available to those who are big enough to trade in great size, where they can’t lose, but you can. The whales won’t let the market do this, or do that, just in the same way as the smart money was dreamt to operate.
Fundamentals cover things like crowd behavior and news flow.  Crowd behavior means that when the “crowd” is piling in while the price is of a coin is pushing upward, maybe you will want to ride the momentum (with caution as these people may end up getting trapped within it), or it could be a situation where everyone is in the thing and now the coin is seeing a downturn, and they are all trying to piling out.
Forks are nice, but they aren’t worth losing money over. 1 Bitcoin Cash is worth about $330 as of today in Oct 2017. 1 Bitcoin costs about $4.8k. If it cost you hundreds in losses to get a single Bitcoin Cash, it probably wasn’t worth it. In other words, don’t let excitement or fear of a fork mess with your general strategy too much. The best example of the worst that can happen with a fork is Zclassic. This event was really sad. Let is serve as a reminder of how brutal crypto can be and why chasing a fork sometimes just ins’t worth it.
Let’s say a trader has bought Bitcoin for almost $20,000 in December 2017. The current price of this crypto is around $7,000-$8,000. It is evident that he has made a mistake purchasing Bitcoin at its tops. Why do many beginner traders do those mistakes? The main reason for this is lack of knowledge and some typical emotions that make them buying when the price grows.
A quick look at the Bitcoin price over the last few years reveals a strong upward trend, but also times where the price was over and undervalued. Since most buyers and sellers are regular people and not professional traders, the cryptocurrency market is extremely sensitive to media hype and news stories. When the news is good, people rush to buy overvalued cryptocurrencies. When something bad happens, they panic and sell their coins at below their true value.
Speaking of the last two points, realize that crypto tends to be pattern based and tends to go in cycles. See “the cryptocurrency rotation” and “market cycles” for an in-depth look at what this means. You want to be in a coin before it starts its rotation, and then laddering out as its rotation ends. Likewise, in a perfect world you want to be in for the bull part of a market cycle, and out for the bear part. Near impossible to spot these trends in advance, but with experience you should be able to spot them as they occur and manage your positions accordingly.
Founded in 2014, Poloniex is one of the world’s leading cryptocurrency exchanges. The exchange offers a secure trading environment with more than 100 different Bitcoin cryptocurrency pairings and advanced tools and data analysis for advanced traders. As one of the most popular trading platforms with the highest trading volumes, users will always be able to close a trade position. Poloniex employs a volume-tiered, maker-taker fee schedule for all trades so fees are different depending on if you are the maker or the taker. For makers, fees range from 0 to 0.15%, depending on the amount traded.
Cheap fees and fast exchanges. For each trade, the exchange platform you’re using will take a small percentage as commission for the service it’s providing. This is inevitable. Where cryptocurrency trades differ from their fiat currency equivalent is in the size of this fee. Because the fees for transferring cryptocurrencies (typically via wallet payments) are cheaper than credit card and bank transfer fees, cryptocurrency-trading fees are cheaper than forex-trading fees.
Set limit orders for a few dollars under or over recent lows and highs. This can result in you buying or selling before BTC hits resistance. Sure, you can use crazy TA skills to find support and resistance levels, but you can also eye out levels by looking at a chart. 9 times out of 10 you’ll be able to eyeball a general support or resistance level and get close to the level a pro would have charted out (partly because the price has likely stalled on / bounced off those levels before; little parlor trick).
Keeping up to speed with the news on Cointelegraph, seeking independent ratings on ICOs, and gathering as much information as you can on a coin’s background are essential steps before you decide to make an investment. After making a purchase, monitor any changes in price closely – and consider setting higher and upper limits on when you would want to sell your crypto, mitigating losses in the event of a crash and protecting profits after a surge.
Recommendation for such a plan: After placing target sell commands, and given the coin has reached its first goal, you need to close out half your position. Meanwhile, increase the stop loss to the initial entry level (so you won’t lose at all). At the second target level you should close out an additional quarter of the position. Now, it is likely you will stay in the position with a quarter of it, although with the profits alone – once you got the fund’s money back “home”. At this point the profit game becomes unlimited. Coins that pump up 2,000% in two weeks are not a rare sight in the crypto world. When you are only playing your profits – you are on the safe side and it becomes a lot easier.

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.
Bitcoin Trading in Tight Range With Lowest Volatility in Months There Was a Major Bug in Bitcoin’s Code, but Developers Fixed it International Bitcoin Transfers 1,000s of Times Cheaper than Banks The CNBC Fast Money Counter Indicator Bitcoin Flash Crash at Cboe XBT Expiration Date; Most Alts Refuse to Panic BTC is Trapped Under Some EMAs and Has Been Most of 2018 GBTC and ETCG Premiums are Melting Off Morgan Stanley To Offer Bitcoin Swap Trading Winklevoss Twins Launch World First Regulated Stablecoin, and It’s Ethereum-Based Goldman Sachs CFO says Bitcoin Trading Desk Rumor is “Fake News”
Don’t zoom in too much on the price trends of the moment; don’t sweat the small things. It’s easy to zoom in and get stressed when Litecoin goes from $220 to $213 (or something like that). However, these little movements only matter if you are day trading large amounts of coin relative to your total investable funds. Zoom out a bit and look at trends over larger periods of time. Don’t think of that $213 relative only to $220, think of it relative to the $100 Litecoin was at a few months back, the $400 it was at after that, and the $100 it was at just a little while ago. From that perspective, a fluctuation between $220 and $213 is nearly insignificant. I will rarely make trades on timeframes shorter than 2hr candles, and I generally am looking at 6 hr and 1 day candles, because I value my sanity and am focused on the long term trajectory of crypto. That only changes in very specific instances and with purpose. If you zoom in too much, you lose sight of overarching trends (many of which are actually stronger indicators of what is actually happening).
Trading on low-volume days in the market could incur substantial slippage. People who make trades — especially large trades — on low-volume days often will not find many partners on the other side of the order book willing to make that trade. The result is that they could end up paying much more for the trade than expected, incurring slippage in the process.
Use small buy-ins, and don’t margin trade or short unless you know your stuff. The smaller your bet is compared to your total investable funds, the less risk you are taking on every bet (one of many insanely important things we are covering here). Putting it all on black is tempting, but then if it comes up red, you have nothing left to invest. Live to fight another day by learning to manage your buy-in size. As a rule of thumb invest 1% or less per buy-in (yes, that small, really; losing 100% of 1% leaves you with 99%, losing 1% of 100% leaves you with 99%. Small bids offer the same bet, but with way less risk). Put reward aside and practice risk management and capital preservation until you are very experienced (and thus, by logical extension: don’t margin trade or short unless you know what you are doing, as those leveraged bets magnify your risk by their very nature). See Kelly criterion.

Don’t zoom in too much on the price trends of the moment; don’t sweat the small things. It’s easy to zoom in and get stressed when Litecoin goes from $220 to $213 (or something like that). However, these little movements only matter if you are day trading large amounts of coin relative to your total investable funds. Zoom out a bit and look at trends over larger periods of time. Don’t think of that $213 relative only to $220, think of it relative to the $100 Litecoin was at a few months back, the $400 it was at after that, and the $100 it was at just a little while ago. From that perspective, a fluctuation between $220 and $213 is nearly insignificant. I will rarely make trades on timeframes shorter than 2hr candles, and I generally am looking at 6 hr and 1 day candles, because I value my sanity and am focused on the long term trajectory of crypto. That only changes in very specific instances and with purpose. If you zoom in too much, you lose sight of overarching trends (many of which are actually stronger indicators of what is actually happening).

Dollar cost averaging one’s purchases of Bitcoin reduces risk in sudden changes. This reduces the sting of or sudden pricing changes, reducing reliance on a single point of entry. By increasing your Bitcoin investment over time, you reduce the desire to buy or sell often. If there’s anything we’ve learned from the long run is that Bitcoin is here to stay (knock on wood). Stick to your gut, but don’t ignore others.
Verification criterion- Since cryptocurrencies aren’t government regulated, trading on exchanges is posed to hacks and misuse of identities. Therefore, all the reliable exchanges will ask you for the verification of your personal identity in one or the other forms to make deposits and withdrawals. To remain on the safer side and avoid money laundering and frauds, you must opt for the step of identity verification while registering on an exchange.
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!!
Simply, the OBV is a remarkable technical indicator that can show us if the real money is really buying Bitcoin or quite the contrary they are selling. What we want to see when Bitcoin is failing to break above a resistance level or a swing high and the Ethereum already broke is for the OBV to not only increase in the direction of the trend, but to also move beyond the level it was when Bitcoin was trading previously at this resistance level (see figure below). Here is how to identify the right swing to boost your profit.
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