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).
Let’s say on your cryptocurrency chart at 250-minute candles, you see 25 candles where the price stays within a 100 point range. If the price contracted to a daily move of just 20 points, you’d be seriously interested and alert. You should see lots of overlap. This tells you there is a substantial chance the price is going to continue into the trend.
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.
For instance, you might have a day trading strategy that exploits differentials in tightly correlated cryptocurrencies: BTC and ETH, for example. If you think that BTC and ETH are tightly correlated and you see that ETH is disproportionately low, you might buy ETH with the expectation that ETH will rise up again to restore its typical relationship with BTC. However, this might be a case of contagion: the whole market is going down. In this case, your technical analysis could be your downfall: you’ve just bought into a position that’s still going down.
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.

Ripple is an open-source digital payment network, and it’s already being used by some of the world’s largest banks – such as the bank of Tokyo and Santandar. XRP has shown significant potential recently and has been turning a lot of heads. Ripple aims to become the go-to tool for banks on a global scale, while still giving an exciting investment opportunity to crypto advocates and solo investors. Ripple has many haters and I’ve been burned by it myself in the past – I sold 30,000 XRP at 20 cents… painful. Still, I did buy them at 3 cents a pop, so it could have been worse. I hold 10,000 XRP today and will hold until 2022.

I came across Bibox around December when looking for an alternative to Binance. This one at a glance looked like inspired by Binance but with more features and many new coins. Bibox app is also pretty smart and you can use it to trade smartly from your smartphone. One thing that Bibox is doing better than Binance is charting. If you already use the Binance mobile app, then you should try Bibox to see how it is different than Binance.
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

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 ...
The crypto world is a uniquely perfect environment for arbitrage. As William Belk argues here, the combination of it’s distributed nature, regulation, security, availability, and anonymity factors means that the marketplace has many inefficiencies, and that “arbitrage opportunities will continue indefinitely.” For example, some markets pay a premium for security, geographical location, or simply because they don’t know they can get it cheaper somewhere else. In some cases, the price discrepancies across different exchanges can be as much as 43%.
The cryptocurrency market, which consists of bitcoin and several other major digital currencies, crumbled June 22 as the majority of the coins dipped by up to 10 percent due to six exchanges in Japan that were ordered by the Financial Services Agency, its financial watchdog, to improve their current practices, and as two exchanges were hacked within an 11-day period.
Continually doing these things can lead one to gradually cultivate a strategy: a collection of signals that one is good at recognizing and that have a consistent track record. Some traders only buy or sell once they see confluence: multiple signals indicating the same oncoming reversal or trend continuation at the same time. For instance, they might look for candlestick patterns indicating a reversal on both a short-time-interval chart (like a 15-minute chart) and on a long-time-interval chart (like a 4-hour chart).
Investors need to be more selective with presales and ICOs in 2018. Not only will most ICOs fail but if you’re not getting in during the presale, you’ve already lost. If half the tokens were sold for $1 during the presale, and the ICO price is $3, who wins when the coins hit a major exchange? While you might still turn a profit by buying at the ICO price, those who purchased at presale have a much better risk/reward profile.

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 ...
Active traders looking to speculate on Bitcoin over the short or medium term may find that trading CFD/derivatives on Bitcoin using an online forex broker will provide them with 24hour trading, potentially lower margin, and the ability to go either long or short. Because of counter-party risk, choosing a broker is just as important as finding one with the best trading tools or commission rates.
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.
So how do you know if you should invest in an ICO? It’s not about science, it is important to pay attention to the level of seriousness of the project and its team. Look for the project’s website (does it look like a child has built it during computer school?), Who is the team behind the project – Are they hiding behind nicknames or proudly present themselves on their website? Pay attention to the Bitcointalk thread (does it exist at all?) and how the team members respond to technical questions. Is there a large community behind the project? Expect to see a Slack gathering its community. Watch out the amount raised: A project which had raised too little will probably will not be able to develop over time, a project which had raised huge amount – there won’t be enough investors left out there to buy coins on exchanges. And most importantly is risk management. Never put all eggs in one basket and invest too much of your portfolio in one ICO.

If you’re not careful when it comes to cryptocurrency trading, you could find yourself gambling more than you’re trading, and eventually you might lose all your money. Trading is not a game, and just as there is real money to be made, there is real money to be lost. Doing your research and keeping the following concepts in mind when trading could help you avoid the pitfalls of cryptocurrency trading.


On the other side of the coin, decentralized exchanges (DEX) remove the middleman – meaning trading is automated and peer to peer. They include IDEX, Waves, Bitshares, and OasisDEX. Unlike their centralized counterparts, there is more of an emphasis on privacy here, allowing you to take further steps to protect your identity. The “trustless environment” on these platforms is driven by smart contracts. Although you retain 100 percent control of your cash through your own personal wallet, losing your private keys could make your funds irretrievable.
Investing isn’t poker or rather it should not be a gambling game. If you go all in with investing in an asset or two, you are almost certain to lose everything, it is just a law of probabilities. Diversify. Do not believe anyone who tells you otherwise, ever. Of course this new generation’s first instinct is to go all in and then when a correction or crash sets in, they lose everything. They then go away and never come back. It’s a never-ending cycle.
Disclaimer: I am not a professional (or even a veteran) trader. I am an intermediate trader with a passion for cryptocurrency. I am disclosing my own ventures in crypto because cryptocurrency trading does make up a chunk of my online income and I want to be 100% transparent with you when it comes to making money online. Investing in cryptocurrencies carries a risk – you may lose some or all of your investment. Always do your own research and draw your own conclusions. Again – this article is aimed purely at advising; draw your own conclusions on whether cryptocurrency trading is right for you.
For registration on Bittrex, all you need to do is just a simple log in through your email ID. However, for the purpose of withdrawing funds, you’ll need to go through the process of KYC and submit your personal details such as ID cards and phone number. Another noteworthy thing is that Bittrex is a “crypto-only” exchange, thus, it does not allow you to deal in fiat currencies.
Remember, cryptocurrency is volatile! There is always the chance that the market will crash. Cryptocurrency isn’t a centrally controlled and regulated fiat currency. Even though blockchain is connected with a feeling of security for most people, a 2-factor authentication is used, if you lose a coin or someone cheats you, there is still nothing you can do about it.
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.
For stock market investors, investing in Bitcoin indirectly through a listed security such as an ETF, ETP, or trust may be suitable for those looking at taking a passive position. Active traders might find the limited trading hours and potential lack of volume a limiting factor that could hinder their trading. Overall, using listed securities that invest, track, or hold Bitcoin can be a viable alternative to diversify away from the risks of margin trading or safeguarding private keys when buying the underlying.
All of those statements are false. I live in the US. I have the Binance app (there is a very simple tutorial on the couple of extra clicks required for ios, if you click on the link in the post above. And Tab Trader works just fine in the US as well if you set it up properly. There are tons of tutorials and videos that will walk you through it. If you aren’t willing to put in the time and effort to figure it out, that’s fine. But just because you can’t figure it out, doesn’t mean it doesn’t work just fine.

This learning program will make you completely self-sufficient. There will be no need for you to pay for another course or to subscribe to different trading groups and live trade rooms. There is a ton of groups and individuals out there who are selling or giving away trade signals on their sites, Twitter, forums, etc. All these signals and tips can be useless or even very harmful, if you don't know how to do your own research. For instance, a fresh tweet saying it's time to buy a certain altcoin might not only be old news. There's also a chance it was written because the author wants to actually dump the coin, and he needs people to buy and raise its value at the same time he is selling it.
Up until now however, these types of funds haven’t been available to cryptocurrency investors. Due to taxes, legal compliance, impracticality, fear, and other reasons, most investment and hedge funds have limited or no exposure to the big profits that can be found in the cryptocurrency market. Investors have had to manage their blockchain assets manually. But that’s all about to change.
So-called “hot wallets” make accessing your crypto easy – allowing you to transfer funds and complete trades quickly and with ease. Many providers now offer mobile apps so this can be done on the move. Meanwhile, “cold wallets” are stored offline – commonly on USB sticks – with some people even writing down their private keys on paper. The latter can work well if you’re looking to save crypto for a rainy day.
A common beginners’ mistake is to look at the coin’s price rather than the market cap. Just as you asses a company by its market cap performance, which is calculated by multiplying the number of shares times a single share’s price, the same is done for Altcoins. The number of existing coins in circulation times the coin’s price. For a low price coin, such as Ripple, there is solely a psychological influence on the buyers. There is no difference whether one Ripple equals one dollar, and there are a billion Ripples out, or if one Ripple equals a thousand dollars and there are million units of Ripple. Therefore, from now on, when examining coins for investment on CoinMarketCap, look mainly at the more substantial figure, which is the market cap, and focus less on the price for one coin.

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
For registration on Bittrex, all you need to do is just a simple log in through your email ID. However, for the purpose of withdrawing funds, you’ll need to go through the process of KYC and submit your personal details such as ID cards and phone number. Another noteworthy thing is that Bittrex is a “crypto-only” exchange, thus, it does not allow you to deal in fiat currencies.
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.
Continually doing these things can lead one to gradually cultivate a strategy: a collection of signals that one is good at recognizing and that have a consistent track record. Some traders only buy or sell once they see confluence: multiple signals indicating the same oncoming reversal or trend continuation at the same time. For instance, they might look for candlestick patterns indicating a reversal on both a short-time-interval chart (like a 15-minute chart) and on a long-time-interval chart (like a 4-hour chart).
Read Part 2 of BTCManager’s series, ‘A Guide to Trading Cryptocurrency,’ here. In Part 3, we look again at another complicated trading style that focuses on your inner self and human behavior. Markets are chaotic. Cryptocurrency markets, even more so. But just because the markets are random and sentiment can shift rapidly does not mean you cannot profit from fluctuations…
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.
You don’t have to buy a whole coin. You can buy fractions of coins. Bitcoins are expensive currently in 2018, so consider buying fractions of a coin to start if you don’t have a big bankroll. It has historically been a mistake to buy only ETH and LTC because BTC costs more. You should consider which one is most likely to increase in and retain value. Buying all three in equal dollar amounts, and ignoring how many of each coin that amounts to, is one way to avoid making the wrong choice based on price tag per coin.

Limits orders allow us to place an order at a specific price. We can specify the amount of coin that we want to buy or sell, at the price that we want this to happen at. You may have noticed that the order book is always full of sell orders that are a little higher than the current price and buy orders that are a little lower. The advantage with limit orders is that we can do do the same with our orders. The disadvantage is that our transaction likely will not be filled immediately and will count on the market price to make its way towards us.
If you are going long, consider building an average position (for example via dollar cost averaging or value averaging). There is no better way to avoid making a poorly timed trade than buying incrementally instead of all at once and thereby buying an asset at its “average” price over time. If you don’t have a really solid grasp of technical indicators and the way the volatile crypto markets work, consider averaging out of positions as well. Averaging isn’t just financially conservative, it is important psychologically. Taking too big of a position at once can be emotionally difficult to deal with (and can thus lead to bad decision making) given the historic volatility of the cryptocurrency market.
Swing Trading Strategy – Swing trading is somewhere in the middle of Day Trading and Trend Trading. This is because Day Trading is holding an asset from a couple of seconds to a few hours but never more than a day. Trend Trading, on the other hand, is when the trader looks for a longer timetable and keeps the asset between weeks to months. Swing traders hold an asset for a couple of days up to a few weeks.
Consider setting stop orders after you buy. Did I really just wait to point #37 to commit a whole tip to stops?! They are super important for everything except maybe building a long position over time. A stop order will create a market order when a price is hit. This means stop orders are subject to slippage and fees, but this also means you can calculate your risk. As a very general rule of thumb, one might want to ladder stops when not at a computer to protect their investment. Sure, crypto markets are thin (low volume), and that means prices could dip and eat all your stops (super depressing when this happens). However, most of the time we don’t get very deep and temporary dips, and thus most of the time stops will work as intended and simply save your investment in the case of a downturn. I.e., use stops, but be careful and understand the risks.
Similar to Bitterex, Poloniex is also a crypto-only exchange which will allow you to go ahead with your trading by depositing Tether dollars. The fee charges for this crypto exchange depends upon your choice (whether you are a maker or taker) and can be 0.15% to 0.25% accordingly. Traders looking for a variety of altcoins can check Poloniex for their requirements. Although you’ll get an intuitive mobile-friendly website to place your trade; there are no options in terms of mobile applications.
Today’s article is all about the cryptocurrency trading strategy that you’ve probably been hearing so much about. There are tons of cryptocurrency trading strategies that promise to make you rich. Our team at Trading Strategy Guides understands that now everyone wants a piece of the pie and that is the reason why we have put together the best Bitcoin trading strategy PDF. We have also created a complete strategy article that has a list of all of the best trading strategies we have created.
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