Howdy, Welcome to popular Cryptocurrency blog 'CoinSutra'. I'm Harsh Agrawal, a tech enthusiast & Digital nomad from New Delhi, India.I started CoinSutra to help users around the globe to learn about popular Cryptocurrencies.Here at CoinSutra I write about Bitcoin Wallet, Cryptocurrency wallets, Online Privacy & Security, VPN experiences & making money from Crypto.
Pentafund is a tokenized fund, making it extremely easy for investors to get in and out. To buy in and earn returns, all you need to do is buy some PentaCore (PENT) tokens and hold on to them. The tokens represent a portion of all the assets owned by the fund. To cash out, you can either sell your tokens on the open market, or redeem your tokens with the fund directly. The fund allows up to 10% of the fund’s net asset value on a quarterly basis. This is a strong guarantee of liquidity and a price floor for investors.
Don’t FOMO. This is a spot that people most frequently lose money on. A dash of manipulation, two tablespoons of media hype, a cup of CME and CBOE announcements, and a generous handful of FOMO drove Bitcoin prices from $10,000 to $20,000 in December. Since that time, Bitcoin fell to a low of $9,000 and is currently sitting at around $11,000. It’s easy to look back and say, “if only I waited one month, then I could’ve bought at $9,000 instead of waiting for Bitcoin to hit $20,000 again for me to break even.” But the reality is, the combination of 1) being greedy, 2) investing blindly, and 3) FOMO were likely large contributors to the purchase at an all-time-high. Even in the crazy world of cryptocurrency, if a coin pumps that quickly, it will correct — it’s a matter of time. Speculative pumps are almost always followed by dips. While trying to jump onto a train going full speed sounds like something straight out of a James Bond movie, I’m sure most of us can agree we would probably save some limbs if we just waited for it at the next stop.
People are getting excited about Hempcoin (THC) because it’s slowly but surely starting to re-surface again and receive some of the media’s attention that it deserves. Even though a couple of competitors recently showed up (PotCoin and CannabisCoin) – Hempcoin is actually the oldest technologies and coins – not just in the industry – but in the crypto world altogether. Hempcoin was founded back in 2014 and its sole purpose is to act as a digital currency for the Agriculture/Farming industry and naturally – the Hemp/Marijuana field.
Daniel Defoe, the author of Robinson Crusoe, wrote a pamphlet in 1719, “The Anatomy of Exchange Alley or, a system of stock jobbing. Proving that scandalous trade, as it is now carry'd on, to be knavish in its private practice, and treason in its publick.” Does the sentiment sound familiar? I have republished some books from the turn of the 19th century with a preface saying basically, “Do you notice the stock market is basically unchanged even after more than a 100 years of historical turmoil?” The scams and attitudes of the market and its participants are still so recognizable after over 100 years you are left to wonder if the billions spent on compliance on the worlds bourses are not a complete waste of money.

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.

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.

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
In other words, buy low and sell high via an exchange using limit orders, dollar cost average, set stops if you aren’t in front of a computer, ladder buy and sell orders, use TA, manage risk, preserve capital, watch out for scams, know the tax implications, and consider being conservative in general and not spending your life savings on digital assets.

At Crypto Investing Insider, our passion is trading and our goal is for every member to be successful. We search through hundreds of cryptocurrencies every month and only select a few to move on. We look for innovation, joint ventures, mass adoption and provide in depth technical analysis. We look for coins that have long term potential, but we waste no time selling on spikes, locking in profits, and adding more coins to our portfolio without having to add any more capital.

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!
Tokenized crypto funds such as PentaFund are a way to benefit from all of these and more, without the legwork. Simply buying a token is enough to gain exposure to the awesome gains of the blockchain industry with the guidance and protection from the pros. Tokenized funds are one of the key products that will bring cryptocurrency into the mainstream, and the best time to get in is right now.
If you are serious about cryptocurrency trading, I strongly recommend finding a mastermind group that suits your skill level and budget so that you can improve your knowledge, expose yourself to less risk, and gain access to news and tips before they hit the mainstream market – this is where the real money is to be made. In my opinion, your best bet is to sign up to use the Notorious Bot as you get a ton of value not only from the bot but also from the Discord channel where you have access to veteran traders and analysts.
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.
Identifying sell levels to take profit: Using the order book we identify the areas of resistance that we previously analyzed. It is likely that being resistant, massive supply (a “wall” of sell commands) is present around these spots. The trick is to place our sell commands precisely one step ahead, at a slightly lower price, so in case the demands start to eat away the supply wall – our command has already been placed and sold to profit.

Embrace volatility – Cryptocurrencies are famously volatile. The price of Bitcoin, for example, went from $3,000 down to $2,000 and then leapt up to nearly $5,000, all within three months in 2017. Whilst this means risk is high, it also means the potential for profit is great too. It’s always sensible to check the volatility of the exchange you decide to go with.
Bitcoin is a volatile asset (relative to FIAT) and this fact should be taken into consideration, especially in the days when the Bitcoin value is moving sharply. Bitcoin and Altcoins have an inverse relationship in their value, i.e. when the value of Bitcoin rises then Altcoins are losing their Bitcoin value, and vice versa. When Bitcoin is volatile, our conditions for trading are kind of foggy. During fog we can’t see much ahead, so it is better to have close targets for our trades or not to trade at all.
Taking the first option listed above, which is to buy the underlying, you become the direct holder of the digital asset. Upon purchase, the cryptocurrency is sent to your bitcoin address or account (wallet) with the exchange. From there, you can transfer the crypotocurrency to any bitcoin address or wallet address using your private key that verifies you control ownership of the asset.
TIP: If you don’t understand the tax implications of trading cryptocurrency tread very carefully. There are some nasty traps you could fall into when trading coins. For one, they are not necessarily considered “like-kind assets.” If that is confusing, then consider sticking with trading USD for coins in Coinbase until you grasp the concept. Learn about cryptocurrency and taxes.
Intuitive UX, focuses on the key features for trading, requires an Poloniex account, no fees. Cryptoriot is definitely my top pick for trading cryptocurrencies with my Poloniex account. You just have to fill in your API key from your Poloniex account and you're good to go. Trade all the Alt-Coins you want to with an visual an intuitive interface. You have an overview of your trades. This app really focuses just on trading without the other stuff with is not helpful (talking about candles). Feedback is taken very serious since this is a pretty new app. Try it out, its worth it!
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.
Pentafund is a tokenized fund, making it extremely easy for investors to get in and out. To buy in and earn returns, all you need to do is buy some PentaCore (PENT) tokens and hold on to them. The tokens represent a portion of all the assets owned by the fund. To cash out, you can either sell your tokens on the open market, or redeem your tokens with the fund directly. The fund allows up to 10% of the fund’s net asset value on a quarterly basis. This is a strong guarantee of liquidity and a price floor for investors.
What would be a good portfolio for a newbie today, I just keep losing with these popular Altcoins? Are you seeing just as much significant growth today (like doubling) as before with your portfolio? I need a fresh portfolio today that has just as much potential as the day when you had bought into your Altcoins. Can you also give an idea of the percentages of the spreads you mentioned in your wallet? Also, with the influx of coins/icos, do you think alot of coins will lose value and it will be harder to find the gem amongst the rocks?
You do not need to right away choose the first exchange option you see on Google search. Take your time to research as different crypto exchange platforms available in the market vary from each other in terms of functionality and style of trading they offer. To save your time, I’ve listed below the different types of cryptocurrency exchange platforms that’ll help you get a better idea:
Bitcoin and Altcoins trading is like a raging river. It is a non-stop, rapidly changing process, more often than not accompanied by significant consequential events. If you swim against the current, you might disappear completely. In order to improve trading skills and market understanding, it is best to learn from other’s mistakes. The following article was written based on major experience in the crypto field and after having thousands of crypto trade positions over the past years. And of course, mistakes were made along the way. Shall we begin?

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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