TRADING CRYPTOCURRENCIES

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!

The Dizzy Trader #1 – The Full Risk/No Reward Method

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The Dizzy Trader
The Dizzy Trader

The Dizzy Trader is just a small side collection of mistakes novice/emotional/overexposed traders do. Not a big serious article collection, but nice observations we made with people contacting us and – of course – with ourselves as well. Today, I am going to write about a trading mistake, by a member of our community, who allowed me to share it along with my analysis. Staggered entries, overexposure and getting out too early – sounds familiar? Then read on.

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📚Whale Secrets Revealed📚 -Cryptocurrency Bull Market Cycles

in TRADING CRYPTOCURRENCIES
📚Whale Secrets Revealed📚 -Cryptocurrency Bull Market Cycles 3

Do we experience the start of a NEW BULL RUN right now? This piece will take examine the current situation and give you a best guess. Furthermore, it takes yourself out of the goldfish glass bowl mentality and shows you how Whales see the market.

My assumption: this article will be another epic piece and attract many readers. Too bad, I did not write it myself 😐 To be honest with you it is a real gem, just like the signals group, that contributed to our website: Alpha Trade Zone. These guys know A LOT of stuff and are working on really advanced solutions (like an auto trader which is connected to Binance & BitMEX and hedges positions automatically). They hired great traders and they success rate skyrocketed, while being way too cheap in my opinion.

No need to bore you further with my appraisal, though. From the Author of “The Ripple Mafia“, we proudly present: “Whale Secrets Revealed: Cryptocurrency Bull Market Cycles”. Enjoy!

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The BitMEX Casino – 5 Gamble Strategies You Should Avoid

in TRADING CRYPTOCURRENCIES
BitMEX Gambling Strategies To Avoid
BitMEX Gambling Strategies To Avoid

When people enter leveraged positions on BitMEX, they take the risk of getting liquidated. With regular altcoin trading, you still have the coins/tokens after all, but with a liquidation, you stay with a big red zero. Traders with a lack of risk management and/or knowledge in technical analysis tend to apply typical gambler strategies. Learn which they are, which risks are involved and why you should avoid using them. I repeat this post is not for using these methods. It is about reflecting yourself and about self-awareness with your trading behavior. If you don’t know how to trade, these methods won’t save you. Educate yourself or go with one of the approved trusted signal providers to spoonfeed you the way to success.

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A Pretty Boring ByBit Review

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ByBit Exchange Review
ByBit Exchange Review

The Bulls are back (a bit) and the ref-shillers are heating up their game. ByBit, Deribit, BitMAX reviews everywhere you look. Everyone shills a ref-link here a real “review” there. But damn! Did you ever look at the UX of BitMAX? Do you think this is a website that could be ever successful and does you really believe that it outranked each and every other exchange with that insane volume numbers? OK. I admit, I did not do my research here, this is just a baseless rant. I visited the site, it put me instantly off and I went away. Similar thing with ByBit and all the other shrooms which are popping out of every cowpat. I get hammered with ByBit affiliate links on Twitter, on Telegram, needless to say, they are emailing us often to promote them (because they follow us on Instagram, and love our content there – thing is only we aren’t there). OK, here is the boring ByBit review like on any other crypto site so we can finally put a lid on it. In a nutshell: A few differences, but basically BitMEX with a Binance theme.

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Things about Leverage BitMEX’ Arthur doesn’t want you to know

in TRADING CRYPTOCURRENCIES
Leveraged Trading on BitMEX
Leveraged Trading on BitMEX

Everyone who trades with leverage, be it on BitMEX, BitMAX or Deribit or which else bucket shop might be popping off right now, should be aware of how to use leverage correctly. Leverage is a tool to DE-RISK your trades actually, and indeed it can bring down the involved risk in your trades if you use it mindfully. Sadly the opposite is often the case. So let’s get through the basics of leverage trading and also debunk some myths on that way.

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Why Crypto Might Have A Boring 2019

in TRADING CRYPTOCURRENCIES
Why Crypto Might Have A Boring 2019 5

Waiting for the Bull Run? Waiting for a ’17 revival? Personally, I think it will not happen in 2019. “Why delusional?” “Why FUD?” I hear some folks yelling, already searching for the forks and torches. Frankly, just because I think Crypto does not deserve it – yet. Take a step aside, take a deep breath and clear your mind. Look at your counterfeit in the mirror, once you don’t see $$ in your eyes, we can start talking… Keep Reading

[BITFINEON] A Crypto Exchange That Might Set New Standards

in TRADING CRYPTOCURRENCIES

Here is just a quick & dirty post for you guys, showing a rock-solid exchange coming up soon. We told you about ALQO a while ago and that they will soon start a fiat-enabled exchange, called BITFINEON. I wanted to share with you the latest development update, as one can grasp the quality these guys are working on. In my opinion, this might really set new standards. Check it out and let me know your thoughts! Personally, I can’t wait to move my Binance funds over to them (and also a part of my XLQ for the Bitfineo Sharepool). The Beta launch is announced for Q4 ’18, but these guys don’t rush and release first once they are satisfied.

A Crypto Exchange That Might Set New Standards"]

ALGOs suggest a “BLACK CHRISTMAS” for Stocks, Bitcoin too!?

in INVESTING IN CRYPTOCURRENCIES/TRADING CRYPTOCURRENCIES

ALGOs that model/predict future price selling/buying pressure in TIME, RANGE and ENERGY. Suggest a likely Black Christmas, as the modeling of institutions own buy/sell programs and have likely triggered to a large degree, of which selling from Sept 9th to Jan 7th… These advanced ALGOs are used in highly liquid markets such as the Dow/S&P 500/Euro and have a high probability due to the ARC = Energy numbers being fairly high. Boxing out = expecting the full range within the given time, denoted by the geometry of the box in the above chart. Many elements here indicate further price declines in the U.S. equities market going forward, so what possible effect will this have on Bitcoin? Keep Reading

Scavenger Bitmex Bot – Review on Live Account (incl. Interview)

in CRYPTO TOOLS/TRADING CRYPTOCURRENCIES
Scavenger Bitmex Bot - Review on Live Account (incl. Interview) 9
Live Review Scavenger Bitmex Bot

Before I start reviewing the Scavenger Trading Bot for Bitmex, can we pleasssssse have this “Tron (the movie, not the coin)/Automan/80s Sci-Fi Neon Light – Feeling” once again, please? Because the website is very reminiscent of this visual vibe and I just love it. Keep Reading

[Podcast] SmartOptions.io as Guest at Barstool Bitcoin

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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"]
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Thank you, Darling! Let's stay in touch so we can feed with more Crypto frenzy!