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.
In 2015 and the beginning of 2016, when Bitcoin held solid – as solid as Bitcoin can be – shuffling around $300 per one BTC, the game was trading Altcoins in order to gain more Bitcoin. It was expected that Bitcoin would grow higher in the future (the Pygmalion effect). Having a rather volatile base asset, such as Bitcoin, raises our need to compare our portfolio performance both in terms of its Bitcoin’s value and its dollar’s value. Many traders decreased the number of Bitcoin they are holding during the past year (hey, and it wasn’t hard when Ethereum got cut 70% from its Bitcoin all-time high…) although it had a nice dollar yield. Bitcoin’s growth made a lot of money for the crypto market, causing its total market cap to increase 30 times during the last year! As traders, it is important to keep Bitcoin as your base asset, but also not to forget the dollar value, and to take profit sometimes. You should always see the bigger picture – crypto is only one tier of your investment options. There are also the stock markets, real estate, bonds and many more investment opportunities. It is important to spread the risks among the crypto portfolio, as well as in the whole household investment portfolio.

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.


Then there are the fundamental strategies. Some people say that fundamentals are the valuation of crypto, but it is challenging to value a cryptocurrency as there is no chart giving the earnings and the assets to derive a valuation from. Cryptocurrency is all about speculation, with one guy saying it’s worth a high price that reaches into the stratosphere while another says it’s worth squat.
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.

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.
Technical analysis is the study of past price patterns. This will allow us to identify opportunities for profit. The cryptocurrency market, maybe more than any other market, has a herd mentality. The tendency, especially with inexperienced traders, is to buy when the price is raising, and sell when the price is dropping. We can take advantage of this with technical analysis.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Hey Jhon, I haven’t found a crypto yet that is really related to my hobbies – Crossfit and backpacking – but I would actually advise steering clear of investing in things linked too closely to what you’re passionate about; whilst insider knowledge of an industry is really valuable, it’s important to trade without emotion and if your trading a coin that is linked to a great love of yours, that becomes harder.
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.
No coin will go up forever, even Bitcoin has very good days, and then some really rough ones. The crypto space is ever-changing and evolving, with new opportunities coming up every day. If you believe in a coin, holding it for long-term returns is a good approach, but if you are looking to make money by trading, you cannot have emotional attachments with any coin.
In a permanent-growth cryptocurrency market, CryptoLux is permanently re-inventing and improving itself with clients from over 23 countries and a sold-out Initial Coin Offering. Our state-of-art trading platform is aiming at bringing simplicity in a world of ambiguity and uncertainty, by teaching our clients how to simply trade and gain considerable profits out of their Crypto investments.

Suppose you’re watching BTC’s chart and notice multiple Doji candlesticks, a classic indicator of indecision in the market. You have a feeling from a few other indicators that the price is about to rise, so you buy more Bitcoin — but alas, the indecision swings the other way, and you’ve lost money (but hopefully not that much, since you’re placing stop-loss orders!).

Mean reversion is where the investor assumes that the price of a coin will remain at an average price level over time.  Upward trends, and downwards trends, are expected to revert back to the average over the long haul. This means you need to know the charts well and be able to figure out what the average price for the cryptocurrency you intend to trade in. When the coins are less than the estimated average that is when one wants to make a few purchases. When the price is higher than the average it is expected to drop back down to the mean price and that would be the time to sell.  Of course, figuring out just when to sell is the trick, and that is where the gamble comes in.
The most important thing about the best cryptocurrency trading platforms is their reputation. The reviews for Binance are through the roof as it is easy to use and most importantly – SECURE! The team behind Binance has a proven record in both cryptocurrency and finance in general. Personally, I’ve had no problems with Binance thus far and when I did open a support request I found the team to be super fast and helpful at getting back to me.
So far, everything we’ve discussed has involved taking a long position on a coin. That is, our focus has been buying a coin at a lower price than what we think we will be able to sell it at later. What if we have some indication that leads us to believe that the value of a coin is about to decrease? In this case, we could take a short position, which is the same technique that made some people boatloads of money during the 2008-2009 housing bubble.
How can you test the strategy that you have built to see if it is right for you and your purposes? The best way to do so is testing your strategy against the market. Kryll allows you to safely execute your strategy before using it in the real world. Using the test environment in the platform, you’ll be able to test over the previous six months of recorded data.
It’s even crazier that traditional strategies that are used in valuing stocks don’t exactly apply to the crypto market. For instance, when valuing stocks, one can do a fundamental analysis by using ratios such as the price to earnings ratio P/E, debt ratios among others. These are concepts that don’t apply to the crypto markets. So can you value cryptos and make money in this highly volatile, but lucrative market? The answer is YES. Here are 4 tips on how to do so.
Binance coin exchange is a Chinese based company, and because of this the website supports multiple languages. Binance exchange has recieved a ton of growth and investment. According to Craft.co, Binance has recieved over 10 million dollars in investment funding from various Chinese venture capital groups. Binance is, at the time of writing, one of the largest and most legit exchanges based out of China and this is a huge advantage. It seems likely that more and more cryptocurrency investment will continue to be driven from China so trading on a Chinese based exchange has some advantages.

Yes! With a minimum investment of $250, you can expect to make between $50-$100 per day, depending on the currency and volatility. You won't become a millionaire overnight, but you WILL earn a healthy side income. Once you have funded your account, contact your account manager to discover the best trading settings. Our account managers are experienced in the best time of the day to buy and sell crypto currency.
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.
Watch out for Spoofers and market manipulation. Welcome to the wild west, the sheriff is out-of-town, enter the saloon at your own risk. Spoofing caused the flash crash of 2010 in the regulated stock market, and that happens times 10 in crypto. A too-good-to-be-true price spike or dip is often the work of either market manipulators, bots, or both. Know what to avoid and what to look for by reading our article on cryptocurrency and spoofing.
Watch the Order Book. The order book (found on all exchanges) can give you a good sense of what buy/sell orders are “on the books” (sitting on the market waiting to be bought or sold). If you see a lot of sell orders at a certain price and want to sell, you may aim to sell under that price. Likewise, if you are waiting for the price to drop to buy, look at the distribution of other people’s buy orders. Just watch out for artificial buy walls and sell walls (large orders that aren’t meant to fill). You’ll almost always find buy walls and sell walls at support and resistance levels.

It’s human nature to be cautious at first and then progressively relaxed, even reckless. My observations suggest that it is best to behave in the opposite, counter-intuitive way: commit yourself to the market with reckless abandon in the early days, and then start the scaling out process, applying the brakes and get the hell out when it appears to be the later stages.

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.

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%.
So I decided to take a peek at github, here's what I saw 11,200 repositories for bitcoin vs 3,563 for ethereum. **for non technical folks - repositories are where developers are storing code for projects** However, you have to note that Bitcoin was released in January 2009 and Ethereum was released in July 2015. Total volume isn't the best measure, let's take a look at the languages used.
The second one is Extraordinary Popular Delusions and the Madness of Crowds. This investment classic, written in 1841, is the best book ever written on market psychology and will explain everything you need to know about just why cryptocurrencies have captured the imagination of the investing public. While it’s a long book, you only need to read three chapters: John Law's Mississipi Scheme, the South Sea Bubble, and Tulipomania.
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.
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.
Traditional Crypto Exchanges: If you see yourself as someone who has enough experience of dealing in the stock markets, traditional crypto exchanges might seem familiar to you. These platforms operate in a similar manner except for the fact that they deal in cryptocurrencies rather than fiat currencies. They also charge a small percentage of the trade in the form of their platform fee. Example- Kraken
The best cryptocurrency for long term investing is CAS Token because you get more than a coin; you get a cryptocoin that is backed up by an ongoing strategy to support the online marketplace and a cryptocoin that is a hub for every other currency. Cashaa is becoming the backbone of the online financial world and you can make a lot of money by investing now.
I feel compelled to spread the word; cryptocurrency is an amazing chance to make a fuck ton of money with a relatively small investment. The problem is, the window is closing. Many coins have already doubled in value many many times, the more a coin doubles in value, the harder it gets for it to double again and you to make a tidy 100% on your portfolio…
Now, of course, you will want to do your due diligence and make sure that you know what the market conditions are first, and what the previous price levels have been when trying to predict the appropriate time to get out. Knowing when to get out is the most important thing about this type of strategy. So, apparently, timing is everything here, and the more you know the better off you will be when judging for the appropriate times to buy or sell so that you have the greatest opportunity for the biggest profit.

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.

React to “the Mood of the Market,” But Otherwise Pick a Strategy and Stick With It. The market changes moods, and some strategies are better than others in a given market. So you’ll likely want to evolve your strategy as the market changes, and you learn. However, you’ll also likely want to avoid things like going long for most of the year, but then 9 months into your investment you start day trading when the market is down. Sometimes it can be tempting to change one’s strategy to adjust to the current market (for example if the market is bearish and trading in a tight range), however, this can get you in real trouble if you don’t make very careful moves. A long investor who starts going short will start realizing capital gains and will risk being in fiat if and when there is a recovery (recoveries, like corrections, can come on very quickly and without warning). If you do switch from long to short, make a commitment to yourself to buy back in upon a certain event occurring (like the 5 day EMA crossing the 50 day on 6 hr candles; something like that). I’ve hear countless stories of plans to buy back in, they often end with “but I didn’t,” those are the stories told in bull markets by very sad people.


In a permanent-growth cryptocurrency market, CryptoLux is permanently re-inventing and improving itself with clients from over 23 countries and a sold-out Initial Coin Offering. Our state-of-art trading platform is aiming at bringing simplicity in a world of ambiguity and uncertainty, by teaching our clients how to simply trade and gain considerable profits out of their Crypto investments.
Similar to Binance, KuCoin holds its roots in China too. Although, after the crackdown, it moved to Hong Kong and started with a sharp growth through its affiliate program. As KuCoin holds the reputation of being an early adopter of cryptos, you might want to consider it for long-term holdings. Your long-term HODL plans can lead you to earn good money.

Blockfolio is an extremely powerful digital currency investment tracking app that is ideal for individuals that hold an extremely diversified portfolio. Operating diverse portfolios can often be unwieldy and, due to their cumbersome nature, require constant scrutiny and management. The Blockfolio app has been specifically designed for highly diversified investors, and streamlines the process of tracking where and when you bought and sold, as well as the value of your current holdings.
NullTX stands for Null Transaction. If you use Bitcoin regularly, at some point in time you encountered some sort of anomaly. Whether it be a null transaction, low fee, inputting the wrong address, or even had your wallet hacked. NullTX's mission is to be the #1 information source when it comes to solving your cryptocurrency problems. We provide the latest news in crypto along with educational articles regarding Bitcoin, Ethereum and much much more.
Blockfolio is an extremely powerful digital currency investment tracking app that is ideal for individuals that hold an extremely diversified portfolio. Operating diverse portfolios can often be unwieldy and, due to their cumbersome nature, require constant scrutiny and management. The Blockfolio app has been specifically designed for highly diversified investors, and streamlines the process of tracking where and when you bought and sold, as well as the value of your current holdings.
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.
NEO: Apart from being a cryptocurrency, NEO is known for its niche smart contract feature just like Ethereum’s. Smart Economy, Digital Assets Storage and Exchange Automation are achieved through Neo’s smart contract. And coming from China, if it gets to receive the welcoming use that the Chinese always give to their startups, it’s bound to make it big in the industry. It also ensures digital identity anonymity and achieves consensus through the Delegated Byzantine Fault Tolerance
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.
The cryptocurrency trading platform you sign up for will be where you spend a considerable amount of time each day, so look for one that suits your trading style and needs. Exchanges like Coinbase offer in-depth platforms, such as their Global Digital Asset Exchange (GDAX). It’s always worth setting up a demo account first to make sure the exchange has the technical tools and resources you need.
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