TRADING CRYPTOCURRENCIES - page 2

It is not a swimming pool, but a shark tank. How to choose the right exchanges, how to analyze the charts and trading them. Day Trading is not for the faint-hearted so we make sure to learn first, otherwise, we will surely lose money by doing it. We will show talk about how to read Buy/Sell walls,  check for the best crypto signal groups, and explain how to trade cryptos with leverage on Bitmex. We will provide a Bitcoin price analysis from time to time and check centralized and decentralized Bitcoin exchanges. In the market, we have to develop our own strategies to find out if we are bullish or bearish on a coin or token. Trading cryptos is not the same as trading the common financial markets, as cryptocurrencies are still a young market. If we want to learn how to trade the cryptocurrency market, we need a good knowledge setup, which should contain fundamental analysis, as well as technical analysis like charting, price action, and trend analysis. Due to the high volatility, every transaction contains risk for our trading account - especially if we use financial instruments like leveraged or margin trading. While there are trading courses which can teach us to develop a trading plan and execute a strategy, we will have to work on your psychology as well. We are often trading a virtual currency against another one, so the outcome depends very much on the development of the BTC price and the total crypto market cap. If we want to learn to trade we will have to estimate our risk appetite first and consider then the trading platforms we want to use. As a day trader, we can basically gain capital in two ways: Either on a common crypto exchange like Binance or on a mercantile exchange like Bitmex. Different from forex trading, the crypto exchange market is not yet regulated, which brings risks and so you have to act mindfully. We never invest more than we can afford to lose. We share some trades or a trading strategy from time to time for demonstration purposes, though we are not financial advisors and these trades are from an educational character, so we don't encourage to copy them. Enjoy your trading journey!

[Podcast] SmartOptions.io as Guest at Barstool Bitcoin

in TRADING CRYPTOCURRENCIES
SmartOptions Guest at Barstool Bitcoin Podcast
SmartOptions Guest at Barstool Bitcoin Podcast

Normally we are the ones that interview crypto folks, but it was refreshing to flip positions: Barstool Bitcoin, quite a well-known Bitcoin Podcast sat down with us for their fresh issue. The discussed topics in a nutshell:

  • Coinbase Pro advantages
  • Crypto Signals
  • Crypto taxation and what you’re probably missing
  • What is the biggest problem facing traders right now?
  • Bitcoin price prediction (short and long-term)
  • U.S. SEC fines & charges EtherDelta Founder
  • Student who invested $5,000 in Ethereum now owes $400k in taxes
  • and much more

Download & listen here: iTunes: https://goo.gl/833zvb | Stitcher: https://goo.gl/vr1ztK | Google Play: https://goo.gl/o5pXST

SmartOptions.io as Guest at Barstool Bitcoin"]

User Report: How I got robbed with an OTC (Over The Counter) Trade

in TRADING CRYPTOCURRENCIES
Experience Report: How I go robbed with an OTC Scam
Experience Report: How I go robbed with an OTC Scam

Recently we saw someone in a chatroom telling about a sad story. The guy got robbed in an Over-the-counter deal in a Telegram group for such kind of transactions. Obviously, he is still angry about what happened and searched for a way to spread a warning to the community, trying to effectively reduce the number of scams and learn from his expensive lesson, so he can pull something positive for others out of his pitiful situation. We want to help him and make sure our readers won’t fall for the same scam. Thank you, Samo for compiling your story into an interesting read. And now read and scare while reading this cryptocurrency thriller. The following content has been contributed by Telegram user @samurai007 – Please contact him if you have further ideas, hints, information for his hunt. Keep Reading

SmartOptions Live from the ALQO Gala Dinner

in TRADING CRYPTOCURRENCIES
Live from ALQO GALALive from ALQO GALA
Live from ALQO GALA

We got the black ties ready!

This is going to be a rather short post, as we just want to inform you that, we will send you live updates from the ALQO and Bitfineon Gala tonight, starting from 8:00 PM CET in Germany (if it is allowed on site, we don’t know that yet). We recently featured ALQO as HODL THAT! and it has done extremely well since that. We hope to get a sneak peek into the Bitfineon Beta tonight (a new Fiat2Crypto Exchange by the ALQO team with XLQ as base currency). We will post a roundup here on smartoptions.io in a few days, but if you want to follow the Gala live with some pics and comments, please follow our accounts on

See you there!

Tips & Tricks for Smart Bitmex Traders

in TRADING CRYPTOCURRENCIES
Tips For Smart Bitmex Traders
Tips For Smart Bitmex Traders

Bitmex Lifestyle is one of the channels we followed from the start and observe their progress. They evolve and grow nicely and their trades have always safety in mind. Recently, we got a small gift for your by their admin:  an article full of valuable BitMEX tips. Today, we are happy to present you three more of them for you.  Keep Reading

FREE Webinar on “Technical Trading Setups pro traders use.” Q/A included!

in TRADING CRYPTOCURRENCIES

Have you ever wondered how signal providers and professional traders get their signals based off of? Or what kind of technical setups you can learn to help you further your trading in the future, well this webinar is for you then, as I will go over several things in it to cover some of the most powerful setup/trading techniques around.

Keep Reading

Bitmex vs. Deribit

in TRADING CRYPTOCURRENCIES
Bitmex vs. Deribit
Bitmex vs. Deribit

Choosing an appropriate cryptocurrencies exchange for leveraged trading is hard – as there are barely any of them.  However, the selection between the few options can often make or break a traders career before it’s even started. With the continued growth of cryptocurrencies and the emergence of multiple exchanges, finding the perfect exchange is often a daunting task, especially if you want to trade with leverage. In the recent past two particular exchanges have gained significant prominence in the industry, they are BitMEX (as market leader) and Deribit (as new challenger). In this article, we are going to look at a critical comparison between these two exchanges. Keep Reading

Nouriel Roubini’s fear of the future, of the people by the people…

in TRADING CRYPTOCURRENCIES
Crypto Clown Roubini

I can’t help but laugh as I listened to the arguments of Nouriel Roubini who has a look of a person suffering from permanent constipation, along with being totally delusional with exaggerated #s and facts to support his thoughts. I would go as far to say he seemed like he was sexually abused by Bitcoin, which left him traumatized and the shell of the man he is today. It was very odd indeed to dare comprehend his arguments at the Senate hearing earlier this week.  Do we really expect many of the older generation to get what a decentralized store of value is? I don’t, just as I don’t expect many of them to know how to use their smartphones… Keep Reading

The Weekly Open Strategy

in TRADING CRYPTOCURRENCIES
Weekly Open Strategy
Weekly Open Strategy

In our endless journey in striving to find good crypto trading channels on telegram for you, we recently stopped by a series of channels under the mother brand “GetGood..!”. This is a good bunch of channels, which we liked from the first view. “GetGood! #CRYPTO TA” is a free channel, which provides high-quality charting. The further channels “GetGood! Education” is like a trading log of the trader, where he collects his thoughts, emotions, and reasoning behind his trades in a reflected way – a wonderful approach. Furthermore, there is an incubator room, where selected new traders show their skills – all in all very nice concept. The icing on the top is that the prior paid channel “GetReallyGood! #PREMIUM TA” just turned free for all.  We got in contact with Jakov, the head behind “GetGood!” and asked if he wants to publish one of his pillar strategies on our website, and happily, he agreed. Hence, we can present you today “The Weekly Open Strategy”.  Oh – sure, I almost forgot you want the link to all these channels! They can be found at the end of this post (check the NEXUS link to find all their places) – let them be your treat after a good session of trading education. And now, grab your favorite beverage and let the knowledge sink in. This strategy is really dead simple! Keep Reading

Never become Mt.Gox’d again – Three Promising DEX Launches

in TRADING CRYPTOCURRENCIES
Decentralized Exchanges

Hey – we are crypto – we breathe decentralization, we breathe trustless! Oops! Surprisingly, the majority of the exchanges we use on a daily basis are 100% centralized and expose us to a major risk. This is in complete contrast with the original vision of cryptocurrency which aimed at providing privacy and being decentralized. Despite their massive successes, centralized exchange remains vulnerable to security attacks and government regulation (see 1broker, see Mt.Gox, see dozens of hacked exchanges). It is somewhat embarrassing, that these really big issues with exchanges happen in the crypto space, which is waving the “Decentralize the world” flags all the time but seem to be not able to use our own tech we advertise, in a way it makes sense. True, there are some live DEX’, but did you ever tried really using them? Don’t bother. Let’s check three upcoming decentralized exchanges, which are REALLY promising. Keep Reading

The Ultimate Bitmex Guide

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The Ultimate Bitmex Guide
The Ultimate Bitmex Guide

In this collaboration post between Cryptomedics and SmartOptions, we want to demystify the Bitmex Universe. This guide shall be the first stop for everyone, that wants to hop on the Bitmex train and learn how to use this great piece of a FinTech platform. Going Bitmex is not easy for beginners, especially if you don’t come from Forex trading or other derivates offering leverage, on top of that Bitmex has some specialties you should know about. The major part of this post has been provided by the Cryptomedics Margin Channel, we at SmartOptions chimed in and added our secret sauce for you and explain the common pitfalls that one can face with the platform. Let’s dive into it and learn on how to ride that beast. Keep Reading

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Get the armor to fight the bear market - delivered to your inbox:
  • Learn which Crypto Signals Provider really perform
  • Get unbiased well-researched & merciless coin reviews
  • Grab trading education, our market updates and cryptocurrency news!

Welcome to the Family! Now activate your subscription by hitting the "CONFIRM" button we just send to your inbox.

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