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.

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.
Payment Methods – What payment methods are available on the exchange? Credit & debit card? wire transfer? PayPal? If an exchange has limited payment options then it may not be convenient for you to use it. Remember that purchasing cryptocurrencies with a credit card will always require identity verification and come with a premium price as there is a higher risk of fraud and higher transaction and processing fees. Purchasing cryptocurrency via wire transfer will take significantly longer as it takes time for banks to process.
If you’re new to cryptocurrency, you were probably sucked into this rabbit hole for one of three reasons: You heard about the hype regarding Bitcoin, Litecoin or another very popular coin and you wanted to be one of the first adopters of a potentially world-changing piece of technology. You saw the returns that people were getting from cryptocurrencies and heard…

Hello, mates. I know that many of you are looking for a trading place where you can buy and sell both cryptos and fiat money. This review is related to Bitstamp cryptocurrency exchange. Here I will cover such points as registration procedure (including personal verification), trading features, conditions (including fees) and some other important aspects.

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.

If your focus is to conduct crypto-to-crypto trading, Binance is one of the best options. Ranked as one of the most popular cryptocurrency exchanges worldwide, they provide you with impressive offerings along with an extremely low trading fee. Although the Binance platform is a young entrant into the market, it is rapidly growing, and holds a huge selection of altcoins with Bitcoin, Ethereum, and Tether pairings.
For instance, ZClassic will be forked to create bitcoin private, and all holders of ZClassic will be rewarded with bitcoin private on a one-to-one ratio.  This is big news and if ZClassic already meets the rest of the other criteria discussed above, then this news would be guaranteed to earn it a place as the crypto to invest in right now. That’s because the demand for ZClassic will most likely grow in coming days as people seek to earn some free coins.
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.
Many litecoin investors followed the wrong herd last December when its founder Charlie Lee sold all of his shares in the company to avoid a conflict of interest. This should have indicated to investors that the price would not hold and would decline, Spatafora says. Instead of selling, many crypto investors bought more litecoin "like idiots when it was not sustainable," he says.
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.
Security Key – I recommend taking this key, and saving it in three places. Write it down and store it in a book or journal, bury it in your email, and take a picture and lock it behind a vault-app (I like to use Keep Safe – it’s free and secure). This ensures that you have mutliple means of accesing this important key. In case you get locked out of your account, or lose your phone, this is the only way to get into your Binance account. Heed my advice. This is like crypto-insurance, and you never need insurance until you fucking NEED insurance. Take the steps, and make sure you do it right – you won’t regret it.

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Kryll offers functional blocks that can help you. One of them, Market Trends, provides market information including price fluctuations, demand versus supply analysis, machine learning based market predictions and other options. In your strategy you can also include your preferable trading actions, such as buying, selling, splitting amounts into subsets, and many others.
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.
Coinigy is an incredibly powerful tool for anyone who is serious about crypto trading. This video from their team explains exactly what it can do for you, but to put it in layman’s terms: It makes technical analysis a breeze and really simplifies the process of trading across several exchanges. It costs $15 a month and is at least worth trying out the the free 1 month trial to see how you like it.
In 2017 Crypto Markets Continue to Trend Higher with Momentum It is evident that cryptocurrencies have been in a trending market for the past two years, or some would argue, since their inception. Every $1000 invested into a basket of Bitcoin, Ethereum, and Litecoin at the beginning of January 2017 would nicely turn into $18,000 in just 11 months; completely…
You should have a general understanding of what a cryptocurrency is because knowing the functional use of a coin can give you an edge when deciding your investments. There are hundreds of coins ranging from major players like Bitcoin (BTC) and Ethereum (ETH), to smaller coins that we refer to as “altcoins.” Each coin is unique and offers their own flunctional use cases. If you’re feeling unclear about what a cryptocurrency is, check out some of the resources below. They give great explanations of Bitcoin and Ethereum, and blockchain, the underlying technology of which cryptocurrencies are built upon.
Hey Will. Thanks for the helpful guide! I’ve just gotten into crypto and found this info extremely useful. Just a question regarding how you keep your alt coins safe. As far as I can tell, you can’t keep many of these alt coins on a Trezor hard wallet, so do you just use something like My Ether Wallet instead? Cheers mate! Here’s to a cracking 2018!!
If you have known the frustration of slow currency exchange, or the inconvenience of trying to use new and untrusted cryptocoins, you're not alone because those are the two biggest barriers so far that cryptocurrencies have had to being taken seriously by the offline financial markets. CAS Token, supported by Cashaa's no-fee easy cryptocoin exchange, acts as a "universal cryptocoin" that works with established currencies and new-to-the-market currencies. It is the best cryptocurrency to invest in long term because it has been created with the evolution of the internet's financial marketplace in mind. By investing in CAS Token, you are supporting the future of cryptocoin finance and an online free market economy.
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.
The screenshot below is a basic representation of these concepts, where the horizontal lines roughly mark zones where price either finds a ceiling or a floor, and generally, in an uptrend, past resistance zones can become supports later on (notice how candles earlier failed to breach the second-last horizontal line, but later bounce off from the same) and in downtrends, support zones can become resistance.
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.
AvaTrade offers phone support and allows deposits and withdrawals through multiple avenues such as credit/debit card, wire transfer, e-payments, etc. The firm claims one-click functionality for buying Bitcoin or Bitcoin cash on its MT4 platform. Meanwhile, Plus500 does not have phone support, and instead, services clients through live chat and e-mail. Markets.com assists through in-platform live support and 24/5 help center.
Bitstamp is a European Union based bitcoin marketplace founded in 2011. The platform is one of the first generation bitcoin exchanges that has built up a loyal customer base. Bitstamp is well known and trusted throughout the bitcoin community as a safe platform. It offers advanced security features such as two-step authentication, multisig technology for its wallet and fully insured cold storage. Bitstamp has 24/7 support and a multilingual user interface and getting started is relatively easy. After opening a free account and making a deposit, users can start trading immediately. Check out the Bitstamp FAQ and the Fee Schedule
Consider Diversifying. With the above advice in mind, there is nothing worse than getting frustrated with BTC, moving to ETH / alts and missing a BTC price spike, then moving back into BTC and missing the ETH spike. This is very easy to do given the rotation, and the natural urge to “FOMO buy.” If you have some of your funds in all the coins you trade, you’ll avoid missing out on a unicorn (a term one can use to describe an odd event, like a giant price spike in a short amount of time). If you diversify, especially when prices are low across the board, you’ll avoid some of the urge to jump into one coin mid or late into a run and out of a coin just before it goes on its run. In other words, although it isn’t the most profitable tactic, diversifying is good for one’s sanity in a number of important ways.
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In this complex chart, you can see the current Bitcoin prices in the upper third. The green lines indicate a rising price, red lines indicate a falling price. The thin blue threads above and below the candle-shaped price indicators are the Bollinger Band. If the candle touches the top, then the value is “overbought” and will likely fall. If it touches the bottom, then the value is “oversold” and will likely fall.
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