OmiseGO (OMG) is a public financial technology that’s based on Ethereum. The concept of OMG is to enable peer-to-peer value exchange and payment service in real time across not only decentralized currencies but fiat money as well. OmiseGO allows anyone on its network to process financial transactions (payrolls, B2B, remittances, payments, etc.) in a much more inexpensive and decentralized manner.
TIP: There are a few sides to cryptocurrency. 1. you can trade and invest in it, 2. you can use it for transactions (anywhere a coin type is accepted), 3. you can break out a graphics processing unit and some software and mine coins (see how to mine coins). Those are all valid and interesting, but with that in mind, this page is focused on “trading” cryptocurrency (and therefore also investing in it). With that said, even if you want to do the other things with cryptocurrencies, you still need to be set up for trading.
Market orders allow us to exchange any amount of coin right away at the current market price. Orders are filled using the best available price in the exchange’s order book. For example, if you placed a market buy order for $100, it would buy from the lowest priced sell order(s) until you had used that $100. The advantage is that this transaction is always completed immediately; the disadvantage is that we don’t know exactly what price we are going to get.
With the KuCoin exchange, you’ll also get an is an easy, hassle-free experience along with different popular as well as rare cryptocurrencies such as DragonChain, IOTA, etc. If mobile apps are your preference, you can trade on KuCoin easily as it has apps for both Android and iOS. In order to go ahead with trading in KuCoin, you can deposit any crypto initially and start immediately. In terms of fee, KuCoin also takes 0.1% per transaction, half of which can be taken by you through the unique dividend system offered by the exchange.
I bought Elastic $XEL at the obscure Heat exchange. It was rather difficult discovering how to buy it because I was in this case ahead of the herd where the path was not well defined. In the end I bought it at a high price (average 31,367 Satoshis, should have got them at 25,000 Sats) as I got scammed over at Heat by a predator (Arsonic @Ars0nic on Twitter) playing the order book. We’ll see how that plays out. I think the excessive price I paid will not matter too much.

Cardano (ADA) is a fully open-source, decentralized, public blockchain and cryptocurrency. Cardano is very similar to Ethereum, and the team wants to build on that. Cardano aims to operate a global smart-contract platform which will deliver much more advanced features compared to its competitors. Loads of existing investors are excited because Cardano is the first blockchain founded on scientific philosophy, and also the very first provably secure proof of stake algorithm.
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.
The Coinbase smartphone app, however, offers a diverse feature set beyond what the Coinbase website delivers. Using the Coinbase app, which is available for both iOS and Android devices, it’s possible to purchase and store Bitcoin via in-app purchase functionality. In addition to Bitcoin, the Coinbase app also offers investors the ability to purchase either Etherium or Litecoin, the two most popular altcoins on the market.
Know what you are investing in, and know the risk. Bitcoin is speculative and volatile. Buying near $Xk means buying near the highest price Bitcoin has ever been. Some think Bitcoin is going to $X2k; some think it is going to $10. It is easy to get euphoric and think whatever today’s price is a safe bet. Historically that has been true or not depending on the weather on a given day.

Ethereum: Well, the father of platform-oriented cryptocurrencies. Being a cryptocurrency, Ethereum does more to the ecosystem than almost all the others in the market. It’s Solidity program allows for excellent smart contract programming, it is also a platform where Decentralized Apps are built and deployed, and many leaders in the blockchain space, including IBM have used Ethereum’s smart contracts and platform to build and deploy applications.


These big coin strategies can also be used for trading bitcoin cash as well as other cryptocurrencies, in fact, you can use this as a trade guide for any type of trading instrument. The blockchain technology is a big step forward for how to access information and many companies are starting to develop applications to use it in their favor. Remember that when trading digital currency it may seem like it is not a real currency but it actually is real, this is not some Ponzi scheme. Before you buy bitcoins have a solid plan in place and don’t underestimate the cryptocurrency markets, you must do your technical analysis just as if you were going to day trade any other instruments. You can also read our best Gann Fan trading strategy.

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.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Technical analysis: . AUGUR/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 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.05776361 to 0.05223350). if so, traders can set orders based on Price ...
It does not matter at what point you enter the market for a coin if you believe in the long-term. Bitcoin was once expensive at $1; it was then expensive at $10; people could not believe it when it hit $100; people could not believe it when it hit $1,000 and when it hit $10,000 they called it a bubble. It could be $25,000 next year or drop back below $5,000. My only advice here is not to chase something during a parabolic upwards move because it will almost certainly come back down. 

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%.

As mentioned above, get ready for tracking and research. If you want to be successful, track the latest cryptocurrency news, ranking and key indicators daily. Join the discussion threads on Reddit and Telegram. And don’t be afraid to ask fellow traders questions. If you look at those discussion threads, you will see that it is a very engaged and helpful community. This will help you to make smarter decisions. But don’t do the FOMO trade (Fear Of Missing Out). Don’t be caught in the fear of missing out the next big opportunity in the crypto space.
There are a number of tools you can use to maximize profits and minimize risks, such as margin trading, leverage, and stop-loss orders. Shorting Bitcoin and other cryptocurrencies can be done in a variety of ways. Just looking at the Bitcoin price chart for early 2018, you can see that those that spotted the downward trend in mid January and made a short trade would have made 40% profits by exiting one month later.
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.
TIP: A cryptocurrency wallet is a place where you store encrypted passwords that represent coins (the equivalent to storing money in a bank account). A cryptocurrency exchange is like a stock exchange or like a currency exchange in a foreign airport (a place people can trade cryptocurrency for other cryptocurrencies and fiat currencies like the US dollar). Just like if you want to trade stocks you need a bank account and access to the stock exchange, it is the same deal with cryptocurrency.
ICOs, as you may have guessed, are much like IPOs. This is where coins are offered for the first time to the public. ICOs are not offered through exchanges, but rather you buy them directly from the creators of the project. Usually (it’s different for each project) you will send them Bitcoin or Ethereum that they will use to fund their project; in turn you receive a certain amount of their new coin.
Disctric0x is a network of decentralized communities and marketplaces, and where each ‘district’ is a decentralized entity on the district0x Network. In other words, District0x allows anyone to create a network of communities (or organizations) with a focus on governance, cooperation and decision making being decentralized. District0x is an open-source software project, and as such, it does not seek to gain profit, but rather focuses all of its attention towards building software that enables development and governance of marketplaces that are powered by the community.

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.
Ethereum ETH, Monero XMR, Factom FCT, DASH, are all leading coins and traded the most volume daily. You should follow the coin’s chart and identify low and stable periods. Such periods are likely to be a consolidation period by the whales, and when the right time comes, accompanied by a good press release of the project, the pump will start and they will sell in profit.

You can’t simply go to a bank and ask for any digital currency. Instead, you’ll need a proper digital platform for making any trade in Bitcoin, Ether, Ripple or as a matter of fact any crypto. After all, that’s the whole point of creating digital currencies. Cryptocurrency exchange platforms are such online portals that allow you to exchange a digital currency (cryptocurrency) for another one or even a fiat currency depending upon the type of exchange.
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.
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.
When Bitcoin forks into a new cryptocurrency… everyone gets free coins. When Bitcoin Cash was created, everyone holding BTC got 1 Cash for every BTC they had. Next time Bitcoin forks this will be true again. NOTE: Forks can be confusing; if you aren’t in the fork for the capture date (which isn’t always clear) you don’t get the free coins. DO NOT CHASE FREE COINS (see next point).
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.
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
An unbreakable rule in trading says that you should never involve your emotions in trading. This is a basic rule for anyone who trades over any term, but especially for the ones who trade for the short term. Imagine buying Bitcoin according to the DCA strategy: Let’s say the Bitcoin price had crashed by 40% in three days. Now what? Obviously it is the time to buy a second portion of the coin (according to DCA) and average the initial trading entry price. But instead, almost everyone I know got “cold feet” exactly at the “terrifying” moment of decrease and had not completed the purchase of the second share. Why does it happen to us? One word – emotion. Emotions, in this case – fear of loss, affects us and completely disturbs our plan of action. If you are one of those (yes, the majority) who won’t buy the second share in the example above – you should consider your future as a trader, a crypto trader in particular. Getting over your emotions is also important after an unsuccessful trade or after you have sold a coin which is sky rocketing just after you sold it (FOMO). To sum up, don’t regret profit you’ve missed and don’t feel guilty about lost trades. Set yourselves a plan of action together with a set of goals, and act accordingly – as if you were a pre-programmed computer. Human beings are not rational creatures.
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%.
I’ve met so many people that are speculating in crypto these days that have never even read Satoshi’s white paper on Bitcoin. Not only are they not practitioners (tech experts), they even are too lazy or too blinded by greed to even do a baseline level of work. There are many easy ways to quickly get up to speed on crypto and educate oneself you just have to do the work (one of my go-to resources is a company called Oddup which is an ICO/Crypto rating company used by all the major crypto hedge funds and institutional players).

Not all traders make gains from trading, since this is a zero-sum game (for everyone who benefits someone else loses on the other side).The Altcoins market is driven by large whales (yes, the same ones responsible for placing huge blocks of hundreds of Bitcoins on the order book). The whales are just waiting patiently for innocent little fish like us to make mistakes. Even if you aspire to trade on a daily basis, sometimes it is better not to earn and do nothing, instead of jumping into the rushing water and exposing your coins to losses. From my experience, there are days where you only keep your profits by not trading at all.
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.
Realize that Bitcoin isn’t the same as Blockchain. Blockchain technology is something many are bullish on, but that sentiment shouldn’t be confused with being sentiment about Bitcoin specifically. Blockchain is not Bitcoin, a company that calls itself blockchain is not the same as the technology blockchain. The new “blockchain killer” might not be.
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.
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