Fiat Currency is still a thing; BTC isn’t legal tender; we don’t live in a Libertarian utopia; Governments and Banks aren’t as into Bitcoin as you. If you get caught up in the Bitcoin craze, it can easy to forget that the world’s governments aren’t super stoked on Bitcoin. Libertarians, Tech Geeks, Gangsters, these people are bullish on Bitcoin; world governments and banks, not so much. Last I checked, world governments had a little more power. Betting against them is a risky bet. As we move into the future states have started embracing Bitcoin and crypto, but there is no plan for a state-less state built upon digital currency. Digital currency is at best a supplemental asset class. Be realistic about the potential future here, it is bright, but it is likely not to look like your specific flavor of utopia.

Since all of the virtual currencies remain a speculative asset, investors should avoid buying them for their retirement portfolios, says Jason Spatafora, co-founder of Marijuanastocks.com and a Miami-based trader and investor. Cryptocurrencies made up less than 2 percent of his portfolio a few months ago, but he is no longer trading them because of the extreme volatility.
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.
Bitcoin seemed to be heading for its demise last night before it broke back above resistance and retested the channel bottom trendline. We do have a trendline (red), which has been supporting this recent rise back up after the big drop and as long as we stay above it, bulls can remain hopeful. This pop has caused MACD to crossover bullish and turned the histo ...

Daytraders try to utilize special short-term course fluctuations. In the crypto space, this brings them profits between one and three percent. On other values they lose money. It’s almost a zero-sum game. Allegedly, good day traders average one to two percent in profit per day. We tried it and we are evidently worse than the statistical probability.
In the first week of January 2018 popular exchanges like Binance, Bitfinex, Bittrex have shut down new users registrations to maintain the quality of exchanges. This is when the Gate.io name popped up and after trying for almost 1 month, this exchange seemed to be a solid pick for 2018. The mobile app is fully functional and lets you also add fiat money using AliPay account. You can trade BTC, ETH, USDT, QTUM for any other crypto of your choice.
The only apps that can do trades right now are the mobile apps for the various exchanges. And to view the market and coins available, the most popular site/app is Coin Market Cap. But there really isn't one that can handle everything for you. Which is why I'm currently building out an app called Matrix Portfolio, that will help you automatically pull in your trades from exchanges, so you don't have to manually enter them. As well as allow you to discover all the coins, and offer trading insights as well. Feel free to pre-register for the beta here: http://matrixportfolio.com
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Ethereum hit the scene with the promise of using the blockchain for more than just currencies. You could build decentralized apps on top of Ethereum and even new currencies. In the summer of 2016 I decided to buy ETH at around $9. The day after I purchased Ethereum something called the DAO hack happened and the price dropped 50%. Unlike in 2011, I didn’t need the money I invested to cover any bills. I watched my Ethereum swing between $4 and $20 for about 8 months. I wondered if I could take advantage of those swings by buying when the price was low, selling when it was high, and buying back in when the price dipped again. Though I didn’t take any action on the thought, the idea lingered in my head.
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.
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.
Ideally, a rookie trader should start by choosing a reliable exchange and playing with popular coins, such as Bitcoin or Ethereum. However, the learning by doing approach is too slow for those who want to succeed fast. Joining a community of like-minded traders could be one of the best decisions to make: there are plenty of groups on Telegram or regular meetups in the US and other countries.
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.
Created by Charlie Lee, a former Google engineer, Litecoin is an open-source payment network that operates on a global scale. It is not controlled by any centralized power, and it uses the “scrypt” as proof-of-work. It is similar to Bitcoin but has the advantage of offering a faster rate of generation and therefore faster transactions. This is one of the main reasons why its enthusiasts continue to invest or hold onto the coin even after finding out that its founder sold his stack.
Before buying into a position on an exchange, it’s probably prudent to consider whether there’s enough liquidity to make a well-timed exit. Day trading is all about timing one’s trades, and many cryptoassets and exchanges don’t have the liquidity to support the near-instant trades an experienced trader might be accustomed to in trading stocks or forex. Consider checking the 24-hour volume of the asset, and verifying that the exchange allows you to both buy and sell the asset — some only allow you to buy, and some that allow you to sell might temporarily turn off selling at times of high volatility.

If you choose to keep some stored on an exchange or a website such as Coinbase, then ensure you complete a full security setup and ALWAYS setup Two Factor Authentication, I recommend using Google Authenticator for this and not SMS Two Factor Authentication as your phone can be compromised by hackers. Google Authenticator creates a random number string each time you log in to protect yourself in case someone can get hold of your username and password.
Volumes indicate the liquidity of an asset. The greater the liquidity the easier it is to buy and sell, even when there is turmoil, and the lower the Bid-Offer spread and therefore the cost of trading. You want to avoid assets with tiny liquidity as when the shit hits the fan it will be costly to exit. Bitcoin has world-class liquidity. I run a crypoasset analysis site named Blocklink.info. Here is a screen-grab of the most liquid assets in the world.
Investors can get insights into the fund with the PentaView analysis platform. It’s basically an aggregation of the data regarding the investments and assets within the fund. The cryptocurrency space is constantly evolving and PentaView is a tool to keep users up-to-date. PentaView also gives investors a way to make suggestions to the PentaCore team.
Trading strategies are there to provide objectives for traders to earn more with lesser capital; just like how a successful business should operate. There are a lot of trading strategies that are being written all over the internet today, but what we’ve noticed is that most of these so-called “strategies” are just plain common sense; something that is hard to come by nowadays.
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The cryptocurrency market is very well known for one thing, and that is volatility. The price of Bitcoin, or any given cryptocurrency can rise by 20% in the span of a few hours and just as easily fall by another 20% in the next few hours. Ultimately, some traders use this volatility to try and turn a profit. One such strategy that allows for this is swing trading.
As was mentioned above, there are two ways to examine investment in Altcoins – vs Bitcoin and vs the US dollar. This is a common mistake amongst those who missed the Bitcoin train, and are looking to cash in on the other altcoins. Those investors have to examine the investment dollar-wise, since they exchange US dollars or out FIAT in order to buy crypto (instead of buying with the Bitcoins they already have).
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As was mentioned above, there are two ways to examine investment in Altcoins – vs Bitcoin and vs the US dollar. This is a common mistake amongst those who missed the Bitcoin train, and are looking to cash in on the other altcoins. Those investors have to examine the investment dollar-wise, since they exchange US dollars or out FIAT in order to buy crypto (instead of buying with the Bitcoins they already have).

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Let’s say you have heard that the car’s price will rise in one month. This information is not confirmed yet, but you want to buy a car already especially when you had this intention before. The other has the same wish as the will have to pay more after car’s price inflates. This will lead to the price growth as demand will rise as compared to supply.
All of the different techniques used to track the price of Bitcoin and other currencies have one common factor- they require investors to remain up to date on the latest market movements. In addition to keeping track of the cryptocurrency market, it’s also necessary to buy and sell on an exchange, select a Bitcoin wallet, and make analytical interpretations of the statistical data gathered during market observation.
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.
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