TRADING CRYPTOCURRENCIES - page 2

It is not a swimming pool, but a shark tank. Learn here how to choose the right exchanges, how to analyze the charts and trading them. Day Trading is not for the faint-hearted so be sure to learn first, otherwise, you will surely lose money by doing it. We will show you how to read Buy/Sell walls, guide you to 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 for you. In the market, you have to develop your own strategies to find out if you 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 you want to learn how to trade the crypto currency market, you 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 your trading account - especially if you use financial instruments like leveraged or margin trading. While there are trading courses which can teach you to develop a trading plan and execute a strategy, you 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 you want to learn to trade you will have to estimate your risk appetite first and consider then the trading platforms you want to use. As a day trader you can basically gain capital in two ways: Either on a common crypto exchange like Binance or on a mercantile exchange like Bitmex. Different to forex trading, the crypto exchange market is not yet regulated, which brings risks and so you have to act mindfully. Please never invest more than you can afford to lose. We share some trades ore 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. Happy and profitable trading!

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

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
Never become Mt.Gox'd again - Three Promising DEX Launches 4
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

in TRADING CRYPTOCURRENCIES
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

Bitmex Swimming with Sharks

in TRADING CRYPTOCURRENCIES
Sharks at Bitmex
Sharks at Bitmex

You want to swim with the Sharks on Bitmex… Very well, but first you better understand that they are there, circling and waiting for their opportunity to attack! So many get REKT on Bitmex that there is a twitter feed dedicated to it. Sad ain’t it. More sad is the fact most people don’t take the time to think of protecting themselves on Bitmex along with their trading capital. To me, the owners/operators of Bitmex are Sharks, but let’s give them credit for building such a great platform. This platform is second to none for ease of use/security and stability, they did just an amazing job! Outside of that, with their manipulative events, we see what they have done and are not amused. Though it mainly only affects the stupid and weakminded, which naturally are the first to get eaten on Bitmex. We will explore in this article some ideas to prevent you from being eaten by these Sharks and help make your beach-going experience more enjoyable. Whether you miscalculated margin on a trade, became emotional or were hit by the mAnip sharks with a crazy spike while in maintenance mode, there are simple ways to protect your capital on Bitmex. Keep Reading

Bitmex Ping Pong – A Simple 50x – 100x Leverage Thought Experiment

in TRADING CRYPTOCURRENCIES
Bitmex Ping Pong
Bitmex Ping Pong

EEEK 50x – 100x! “But, but, but you told us to never use this kind of high leverage “- and yeah, it is still true, one should never exceed 10x in our opinion. However, there are times, like right now where the charts indicate a big breakout is due. The markets show strong signs of compressions and the longer this period is going on, the harder the move should be that follows. The bad thing is we have only clues in which direction this will play. Let’s do a thought experiment how to play shorts and longs until the breakout happens and calculate the risks and returns. Don’t try this at home – this is just for demonstration purposes, to show how this Bitmex high leverage could be used for instead of against you.  Keep Reading

13x returns with Bitmex all using Signals and TA

in TRADING CRYPTOCURRENCIES

How do you get such high returns within 6months!? When people see the effects of using good money management formulas and TA to trade on Bitmex they often trip over themselves. We have many good providers on smart options featured in the Bitmex Signals Post that have helped contribute to the returns you have seen in the above video, this along with good money management are the golden rules to successful trading with bitcoin futures on Bitmex. Learning TA and allowing yourself to focus on the charts and not random thoughts/ideas/feelings/hearsay can be the difference between the Rich and the Rekt…

Watch the above video and see a sample of what one of our top providers on Smart Options offers it’s members, enjoy!


Important Links from the video:


 

The Bitmex STAMPEDE is on!

in TRADING CRYPTOCURRENCIES
Bitmex Stampede
Bitmex is trampling the competition!

The Bitmex STAMPEDE is on!

With the current crypto bear market, most traders/hodlers of Bitcoin and Sh*t coins alike are tired of waiting for the next wave up and have started the stampede to Bitmex the past several months. This stamped is a gold rush of quick profits that most were attracted to crypto in the first place. Bitmex recording new records of 8 Billion in daily volumes for July. Bitmex offers 100x leverage, a super stable and easy to use platform for these gamified speculators. talented and un-talented traders here alike can make and lose fortunes in a blink of an eye. It is the NEW crypto leveraged trading GOLD RUSH. We are seeing an explosion in popular Bitmex telegram trading groups as the hodl crowd wants to make up for the bear market losses they have suffered and keep that money train going/growing while they wait for the next bitcoin boom to start.  In this article, we will explore the plus and minuses of trading with the Bitmex platform. Keep Reading

5 Things Every Bitmexer Should Know…

in TRADING CRYPTOCURRENCIES
Tips for Trading on Bitmex

Bitmex Lifestyle has undoubtedly an excellent track record of success and recently improved by applying a professional staggered entry methodology for their trades. The guys behind this channel know a thing or two about Bitmex, so we invited them for a guest appearance here to share their five most precious tips every Bitmexer should know. You can read their review here and join their free channel on Telegram here (valuable: they share pretty successful trades for free there). Enjoy this piece and follow the advice to a T!

Keep Reading

The Bitcoin Slingshot: Why This Was Not A Reversal Dump

in TRADING CRYPTOCURRENCIES
The Bitcoin Slingshot
The Bitcoin Slingshot

[Guest Post] This Bitcoin Analysis has been provided by Cryptomedics (read the full review of their service here)


We are still very bullish at this moment. Reasons for a reversal of this short-term uptrend are lacking and this “dump” is not a reversal-dump, meaning we will see a higher high (above 8500).
Compare reversal dumps and accumulation dumps with this one. You will see this is an accumulation dump.
To see the sentiment of the market, we had a test with WV ETF rejection, and we slingshotted back up, then we had a dump yesterday, slingshotted back up. This is clearly a sign that we have a shit ton of buyers in the market right now Keep Reading

Go to Top

When nu post?

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.

This is odd. Something did not work out.

When nu post?

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.

This is odd. Something did not work out.

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