I have been following the crypto markets since mid 2017, just in time to witness the incredible surge of the digital asset industry. Fascinated by the potential of blockchain technology I’ve started to dig deeper and that’s how I ended up meeting the Toshi Times team. I hold a Political Science degree, therefore the crypto regulation development is particularly interesting for me. I’m also heavily involved with music, running my own label, a YouTube channel and working with distribution. People call blockchain the ‘Fourth Industrial Revolution’ and I believe it will change our daily lives in the coming years and we will have the front row seats to witness it.

Technical analysis: . POWERLEDGER/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of ...

These are what allow us to buy and sell cryptocurrencies. There are a handful of popular crypto exchanges, some of them have advantages over others. For example, some exchanges don’t allow us to deposit and withdraw using fiat currency like the U.S. dollar and euro; others aren’t available in certain countries. In this guide we will focus on two very popular exchanges, GDAX and Poloniex. GDAX gives us the ability to use our fiat currency to buy Bitcoin. Poloniex does not, but does give us a wide array of altcoins to trade. There, we’ll be using major coins like Bitcoin and Ethereum to buy the altcoins, and vice versa. Other popular exchanges such as Kraken and Bittrex offer even more coins.
Ultimately, if you want to make money with crypto you have a couple of options. The easiest thing to do is to build a diversified portfolio of carefully selected coins and then to simply wait a couple of years. However, this is not the most effective way to make mad money. If you want to truly crush it at crypto, you need access to truly knowledgable people.
The benefit of a USD wallet on Coinbase is that you can put money in that and then buy coins instantly from the wallet. If you try to buy directly with your bank account, the transaction can take about a week. A credit card doesn’t have this problem, but limits are usually lower on a credit card. TIP: I almost always deposit USD in my wallet as opposed to buying coins directly from Coinbase via my bank account when using Coinbase to buy (I do this on-the-go sometimes). You can also wire money if you need the funds to be in the wallet faster. On that note, I almost always then use GDAX to buy/sell coins when I’m on a desktop (then use Coinbase as my wallet and mobile app).
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.

One of the most powerful tools made available by the Blockfolio app is the price tracking functionality it offers. The Blockfolio app is able to deliver running price updates via push notifications directly to a smartphone as soon as a currency reaches a predetermined level, increasing reaction speed for high priority buying and selling actions when prices reach a specific threshold.


Hello All, I'm currently looking at the 1 hour chart and things are looking pretty good at the moment. For one we seem to be breaking our of the bull flag that had been playing out over the last few hours to the upside. Second, the MACD and STOCH RSI are turning positively for the short term at least. This can potentially lead us on a run into resistance around ...

Known for handling one of the largest Bitcoin volumes out of all the crypto exchanges globally, Bittrex allows you to decide the trading rates with a service fee of around 0.25%. Moreover, a lot of your time will be saved as the verification process in Bittrex is pretty fast which allows you to start the trading process without any major halt. The platform supports two types of accounts namely, Basic and Advanced with withdrawal funds up to 3 BTC/day to 100 BTC/day, respectively.
The ICON technology (ICX) is incredibly exciting because it aims to harbor the single largest decentralized global network. It aims to provide its users a certain degree of connectivity between countries and cultures around the world that’s currently just not possible or non-existent. This network gives way to businesses and individuals to communicate, transfer, deposit, and in many different ways cooperate with each other in a never seen before way. ICON shows extraordinary potential for the future, but it’s already boasting a large community made of reputable security institutions, banks, hospitals, insurances, universities and institutions in many other sectors. Crucially, ICON is NOT yet tradable in South Korea – when that changes I expect this coin to moon.
On cryptocurrency mining: As noted, one way to invest in cryptocurrency is via cryptocurrency mining. That is a valid way to start investing if say you love computer gaming and need a new rig and want to invest in small amounts of cryptocurrency while maybe making back some of the cost of the rig (and maybe even breaking even) but that is an entirely different subject. The average investor will want to trade USD for cryptocurrency on an exchange and avoid the complexities and investments of mining. In all cases, unless you already have a good rig with a great graphics card, you’ll need to put down USD upfront anyway.

The motivation for the investors is that the token will be traded from day one on the exchanges and would yield a nice profit to the ICO participants. In recent years, there have been many successful ICOs, both the project itself and especially in measuring the yield for investors. Coins doubled, or tripled, their value and much more in relation to their value on the crowd sale. Augur’s preliminary crowd-sale (we reported on it previously here) yielded investors a phenomenal 1,000% for their investment. Okay, but what’s the catch here? Not all the projects benefit their investors. Many ICOs proved to be complete scams, not only were they not being traded at all but some projects disappeared with the money and we have not heard from them right up to this day.
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.

On top of the possibility of complicated reporting procedures, new regulations can also impact your tax obligations. The U.S, the ‘property’ ruling means your earnings will now be deemed as capital gains tax (15%), instead of normal income tax (up to 25%). Each countries cryptocurrency tax requirements are different, and many will change as they adapt to the evolving market. Before you start trading, do your homework and find out what type of tax you’ll pay and how much.
Know when to take a loss. Nothing is less fun than taking a loss, but if you are going short in BTC and you haven’t set a stop, sometimes it makes more sense to take a loss and wait for a better price than it does to suddenly start going long. The best way to know when to hold ’em and or fold ’em is some basic TA on longer term charts (I will use things like MACD on 6hr – 12hr – 1 day candles to confirm trends) paired with unwavering discipline.
Before committing to a trade you'll always need to answer a set of questions like: What is the target for this trade; Where to sell; What is the position size; Where is the stop-loss; Is this a short or a long-term investment. With Crypto Trade Academy, you'll not only learn to ask yourself all the right questions. When you complete our training, you'll know how to answer them each time you'll start planning a new trade.
Let’s say on January 2, 2017, you owned $1,000 and exchanged it into euros (EUR) with another market trader at a rate of EUR€0.9565, leaving you with EUR€956.50. Then, on November 24, 2017, the value of the US dollar had fallen from EUR€0.9565 to EUR€0.8380, so you decide to exchange your euros back into US dollars. After finding someone willing to sell their US dollars for your euros, you carry out the exchange at the new price. Your EUR€956.50 is now worth $1,141.40, leaving you with a profit of a little more than 14%.
Hi, unfortunately I bought bitcoin at the peak, then it fell all the way down before I switched over to some of the Altcoins you mentioned, however I didn’t realise the time I switched over to them, that the Altcoins were at a peak and when I switched they then fell down too leading to more of a loss. I also, feel a lot of those coins have maybe had their days of 100x, 10x their gains and had more potential at the time you bought into them.
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.
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%.
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).

Certain candlesticks contain powerful clues about the direction of order flow and where the price is likely to go. The mighty engulfing bar is one of them and marks levels where reversals are likely to occur. Engulfing the entire price range of the preceding candle says much about where the big market players are putting their money. More about engulfing bar crypto trading coming soon!

NOTE: Once you have Coinbase down, try moving onto GDAX. It’s, in overly simple terms, like a better version of Coinbase with lower fees. Coinbase operates both platforms, and both use the same logins. GDAX is the preferred exchange of many Bitcoin traders in the U.S. It caters to both pros and novices. After you master that, then consider exchanges like Bittrex and Binance.


Altcoins and Bitcoins tend to react to each other. Sometimes they do the opposite of each other and sometimes they do exactly the same thing. It is not rare to see Bitcoin go down while alts go up (and vice versa). This is because almost everyone who has alts has Bitcoin, so they tend to move out of Bitcoin when it goes down and move into alts (and vice versa). Almost just as often as this is the case it isn’t the case. Many times, all coins will go up or down together (generally following Bitcoin’s lead). This dance often results in Bitcoin outperforming altcoins, however every x months we will see an alt boom where alts outpace Bitcoin quickly. If you can time that, great. Try to spot it coming and there is big money to be made. Meanwhile, alts can be tricky to just HODL, as they tend to lose value against fiat and BTC in the off season. Learn more about the relationship between Bitcoin and Alts. In a word, alts are generally more volatile than Bitcoin.
When buying coins, and especially with Bitcoin, you will notice that your purchase is in decimal. A Bitcoin itself is relatively expensive, around $10,000 at the moment (as of 15th Feb '18). If you were to purchase say $5,000 of Bitcoin, you would at today's rate be purchasing around 0.5 of Bitcoin. Do not ever worry about this; Bitcoin operates at eight decimals places. You do not need to own a whole Bitcoin or any coin for that matter. Consider it like pence in the pound or cents in the dollar, but with more decimal places.
Arbitrage is the process of buying then immediately selling something for a profit. This is possible when there are price differences between different marketplaces. For example, buying certain DVDs at your local store for $10 only to sell them online for $20 each, doubling your money in the process. In our case, it’s buying cryptocurrency on one exchange and then immediately selling it at another. Arbitrage is based on exploiting market inefficiencies and is popular in all kinds of markets, including the stock and FOREX markets.

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%.

Accept that coins can go to zero, and even good coins can lose up to 80% of their value (especially against BTC). There are many coins that didn’t make it to 2018 that were once highly valued and popular. Meanwhile, even some giants of today like ETH and XRP have seen their value in BTC prices drop to depressing levels. You should prepare for this mentally and have a strategy that factors this in. If you buy the dip in ETH from .15 down, .08 may look like an excellent price, but you have to be ready for .02. ETH holders who didn’t prepare for this had a depressing June 2017 – December 2017. Heed my warning, that new coin doesn’t have to moon twice, it can go to literal zero, and even those that will moon again… they can have long seasons of stagnation in between (where they lose value against BTC for months on end). See the Crypto Graveyard and please look at the historic charts of major alts like XRP (the gap between moons is real and some coins really don’t make it).
UPDATE October 1st 2018: Binance is still my favourite cryptocurrency exchange to trade on but I have changed my strategy big time over the last couple of months. I have been using a cryptocurrency trading bot to make my trades for me and have seen awesome results so far… This is the Notorious Bot – which is becoming pretty famous in Crypto circles. Using the bot reduces the time and stress involved with trading manually and maximises the potential for profit with minimal risk. Crypto trading bots are only really right for those who have a portfolio of at least 5k in cryptocurrency already, if you’re in that position have a read of this post where we review cryptocurrency trading bots and introduce you to the Notorious Bot.
This may seem like a silly question but am I able to buy and sell any and all cryptocurrency on the apps you listed? I wish I had seen this article a lil sooner…when searching for an app I read nothing but great things about coinbase. But it’s terrible. Fees are absurd, I can only buy (haven’t sold any thing yet bc I’ll incur more fees when I do so I’m waiting til its REALLY worth cashing in) 5 cryptos, and I can only get alerts for 3 of those 5. It’s awful. I want to be able to but whats looking good without having to pay crazy flat fees PLUS surcharges and international fees. It cost me $3 every time I buy…but I will divide my money up for the day to keep buying as it drops lower. So if I have $500 to put it, I’ll buy $100…if it drops I’ll buy another $100 and so on. But that will cost me $15 just to buy it. Is there an app that allows purchases for ALL cryptos with low fees????
Bitcoin faced extreme headwinds in March when Alphabet's Google (ticker: GOOG, GOOGL) joined Facebook (FB) in banning ads for cryptocurrencies, which lowered liquidity in the market. In an abrupt reversal, Facebook said on June 26 that it would allow some ads for cryptocurrencies, but continues its ban against initial coin offerings and binary options.
The term “day trading” suggests manically executing on trades every few minutes. But, as many of these mistakes show, day trading success doesn’t necessarily come for finding a new potential trade every second: you might find more success simply by taking your time, finding opportunities you’re fairly confident in, and executing a couple of trades every day or two.
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.
TIP: A good first foray into cryptocurrency investing is the obvious, buying a major cryptocurrency like Bitcoin. After that, you’ll probably want to trade USD for crypto on an exchange like GDAX. Once you have done that, you could try trading BTC and ETH for other cryptocurrencies. Trading “crypto pairs” can be rewarding, but it is more complex and often more risky than just buying a single cryptocurrency as an investment.
Bitcoin continued to find support at the bottom of the cloud and used it as a springboard to break back above the cloud. However, the lagging span, after breaking back above price, has reversed direction and seems to be moving back down while the Tekan Sen continues to trend below the Kijun. Price so far seems to be finding support at the Kijun and the top of the ...
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.
Common sense doesn't apply for some traders. In October, Spatafora started trading bitcoin, litecoin and ethereum to learn about the market and understand whether any of the coins were undervalued. Instead, he found that many of the investors exhibited irrational exuberance in believing the virtual currencies would never stop their climb in the market.

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


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.
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.
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.
Never put all your eggs in one basket. Diversify. While the potential to earn more is increased with the amount of money you invest into a coin, the potential to lose more is also magnified. Another way to think about it is to look at the cryptocurrency market as a whole; if you believe that this is just the beginning, then more than likely the entire market cap of cryptocurrencies will increase. What are the chances that this market cap increase will be entirely driven by one coin vs. being driven by many coins? The best way to safely capture the overall growth of cryptocurrency is to diversify and reap the benefits of growth from multiple coins. Also, fun fact — Between January 2016 and January 2018, Corgicoin has increased by 60,000x, and Verge has increased by 13,000x. During the same period, Bitcoin has increased by 34x. While you would have gotten impressive gains from Bitcoin, expanding into other coins could have landed you potentially larger ones.
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