Learn Trading Bitcoin – The Best Resources Online

Chris Dunn – My Top 3 Candlestick Chart Patterns For Trading Bitcoin

Chris Dunn – My Top 3 Candlestick Chart Patterns For Trading Bitcoin submitted by Yanlii to cryptovideos [link] [comments]

50 Crypto Trading & Investing Lessons Learned Over The Past 5 Years

By Chris Dunn
1 - Everyone’s a genius in a bull market. Real traders can survive and even thrive in bear markets or highly volatile markets.
2 - Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money.
3 - There’s a big difference between a trade and an investment.
4 - Fully plan your trade before you pull the trigger on the entry.
5 - Entries are important, but risk & money management is where you make or lose money.
6 - Beware of get-rich-quick gurus hopping on the crypto bandwagon over the past year.
7 - Decide which types of trade setups or investments you’ll take and ignore everything else.
8 - Don’t assume just because you’ve made a lot of money in crypto that you can just as easily make money in other financial markets. 95%+ of stock market traders LOSE money. The game is rigged. Stick to what you know works for you.
9 - The best way to day trade cryptocurrencies is – DON’T!
10 - The best way to profit in any market is to find something you think has big potential early (before the general public catches on), and invest assuming you’re going to lose 100% of your capital. It’s the “angel investor” approach.
11 - You can’t control the market. The only thing you can control is your entries, trade size, and exits.
12 - One market participant can completely destroy “good technical analysis”.
13 - Don’t blindly follow trade alerts from ANYONE, especially random people on social media or chat rooms.
14 - All financial networking marketing projects are ponzi schemes, period.
15 - If you make a life-changing amount of money, do NOTHING for at least 30 days.
16 - Trading isn’t about picking exact tops and bottoms in a market – it’s about catching the meat of a move.
17 - Don’t turn a small losing trade into a massive losing investment.
18 - Don’t set daily profit target goals – set long-term performance goals.
19 - Learn to survive, then thrive.
20 - The best charting indicators are price action and volume. You can use others, but it won’t necessarily make you a more profitable trader.
21 - Trends can go way past what seems rational.
22 - Don’t try to pick tops in a market. Wait for the market to tell you when the trend is over.
23 - Don’t trade in front of big news events – it’s impossible to predict how markets will react.
24 - The biggest challenge for most traders is their ego, or the need to be right.
25 - You can lose 50% of your trades and still be profitable if you manage risk properly.
26 - The best entrepreneurs and CEO’s typically make the worst traders and investors.
27 - People with the best mindset for investing typically have a career in high-risk situations like firefighters, pilots, police.
28 - Avoid pump and dump groups like the plague they are.
29 - You WILL make every mistake in the book. Don’t beat yourself up when you make mistakes, just learn and try not to make the same mistake twice.
30 - Don’t treat crypto exchanges like bank accounts. You don’t own the coins unless you control the private keys.
31 - Crypto is a 24/7/365 market. You can’t catch every trade. If you miss one, don’t worry – there’s ALWAYS another trade.
32 - Don’t invest in a coin unless you understand it inside out.
33 - You can make money trading the momentum and hype in shitcoins, just don’t invest long-term.
34 - Stay away from coins with low trading volume and low market caps. They are easily manipulated and you can get stuck in a position.
35 - Don’t trade with money you need for living expenses. It’s called “risk capital” for a reason.
36 - Think of yourself as a hunter – save your ammo for the big game.
37 - Crypocurrency exchanges go down when there’s high volatility. If price hits a major target or buy zone, it might make sense to place some orders BEFORE everyone else.
38 - Trading and investing brings all your emotions to the forefront – fear, greed, hesitation.
39 - The hardest thing to do in trading is… NOTHING. This can also be the most profitable thing to do.
40 - Just because a market is in a “bubble” doesn’t mean it’s going to die. Bitcoin has been through over half a dozen big bubbles and increased in price after each one.
41 - Manage your trades in a way that would leave you with no regrets no matter what the market does.
42 - Learn to think like a contrarian. If you’re someone who needs to have your opinion validated by everyone around you, then trading and investing isn’t for you.
43 - The shorter the chart time frame, the less reliable the chart patterns are. The longer the time frame, the more variables affect price action and the harder it becomes to predict price. My sweet spot in the daily chart for trade setups and 60-minute chart for entries.
44 - Some market conditions are great for pushing the gas on every trade setup you can find, where other market conditions call for you to slam on the brakes and step away from the markets altogether.
45 - 90%+ of cryptocurrencies will eventually go to zero. Invest accordingly.
46 - The mental side of trading is the hardest to master, the most under-appreciated skill, and will cause you to make or lose the biggest amounts of money.
47 - The 3 biggest problems for traders are over-trading, hesitating on entries, and closing positions prior to profit targets when the trade is still intact.
48 - You can make a career’s worth of profit in one year or one trade – don’t feel like every day has to be a home run. Play the long game. Be patient and wait for the best plays.
49 - Don’t trust anyone else to trade for you. Manage your own high-risk investments (like crypto trading) or don’t participate at all.
50 - Take the news for what it is – they’re trying to get views and clicks. They’re NOT looking out for your best interests or trying to help you make money.
submitted by Al2019 to CryptoCurrency [link] [comments]

50 Crypto Trading & Investing Lessons Learned Over The Past 5 Years

By Chris Dunn
1 - Everyone’s a genius in a bull market. Real traders can survive and even thrive in bear markets or highly volatile markets.
2 - Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money.
3 - There’s a big difference between a trade and an investment.
4 - Fully plan your trade before you pull the trigger on the entry.
5 - Entries are important, but risk & money management is where you make or lose money.
6 - Beware of get-rich-quick gurus hopping on the crypto bandwagon over the past year.
7 - Decide which types of trade setups or investments you’ll take and ignore everything else.
8 - Don’t assume just because you’ve made a lot of money in crypto that you can just as easily make money in other financial markets. 95%+ of stock market traders LOSE money. The game is rigged. Stick to what you know works for you.
9 - The best way to day trade cryptocurrencies is – DON’T!
10 - The best way to profit in any market is to find something you think has big potential early (before the general public catches on), and invest assuming you’re going to lose 100% of your capital. It’s the “angel investor” approach.
11 - You can’t control the market. The only thing you can control is your entries, trade size, and exits.
12 - One market participant can completely destroy “good technical analysis”.
13 - Don’t blindly follow trade alerts from ANYONE, especially random people on social media or chat rooms.
14 - All financial networking marketing projects are ponzi schemes, period.
15 - If you make a life-changing amount of money, do NOTHING for at least 30 days.
16 - Trading isn’t about picking exact tops and bottoms in a market – it’s about catching the meat of a move.
17 - Don’t turn a small losing trade into a massive losing investment.
18 - Don’t set daily profit target goals – set long-term performance goals.
19 - Learn to survive, then thrive.
20 - The best charting indicators are price action and volume. You can use others, but it won’t necessarily make you a more profitable trader.
21 - Trends can go way past what seems rational.
22 - Don’t try to pick tops in a market. Wait for the market to tell you when the trend is over.
23 - Don’t trade in front of big news events – it’s impossible to predict how markets will react.
24 - The biggest challenge for most traders is their ego, or the need to be right.
25 - You can lose 50% of your trades and still be profitable if you manage risk properly.
26 - The best entrepreneurs and CEO’s typically make the worst traders and investors.
27 - People with the best mindset for investing typically have a career in high-risk situations like firefighters, pilots, police.
28 - Avoid pump and dump groups like the plague they are.
29 - You WILL make every mistake in the book. Don’t beat yourself up when you make mistakes, just learn and try not to make the same mistake twice.
30 - Don’t treat crypto exchanges like bank accounts. You don’t own the coins unless you control the private keys.
31 - Crypto is a 24/7/365 market. You can’t catch every trade. If you miss one, don’t worry – there’s ALWAYS another trade.
32 - Don’t invest in a coin unless you understand it inside out.
33 - You can make money trading the momentum and hype in shitcoins, just don’t invest long-term.
34 - Stay away from coins with low trading volume and low market caps. They are easily manipulated and you can get stuck in a position.
35 - Don’t trade with money you need for living expenses. It’s called “risk capital” for a reason.
36 - Think of yourself as a hunter – save your ammo for the big game.
37 - Crypocurrency exchanges go down when there’s high volatility. If price hits a major target or buy zone, it might make sense to place some orders BEFORE everyone else.
38 - Trading and investing brings all your emotions to the forefront – fear, greed, hesitation.
39 - The hardest thing to do in trading is… NOTHING. This can also be the most profitable thing to do.
40 - Just because a market is in a “bubble” doesn’t mean it’s going to die. Bitcoin has been through over half a dozen big bubbles and increased in price after each one.
41 - Manage your trades in a way that would leave you with no regrets no matter what the market does.
42 - Learn to think like a contrarian. If you’re someone who needs to have your opinion validated by everyone around you, then trading and investing isn’t for you.
43 - The shorter the chart time frame, the less reliable the chart patterns are. The longer the time frame, the more variables affect price action and the harder it becomes to predict price. My sweet spot in the daily chart for trade setups and 60-minute chart for entries.
44 - Some market conditions are great for pushing the gas on every trade setup you can find, where other market conditions call for you to slam on the brakes and step away from the markets altogether.
45 - 90%+ of cryptocurrencies will eventually go to zero. Invest accordingly.
46 - The mental side of trading is the hardest to master, the most under-appreciated skill, and will cause you to make or lose the biggest amounts of money.
47 - The 3 biggest problems for traders are over-trading, hesitating on entries, and closing positions prior to profit targets when the trade is still intact.
48 - You can make a career’s worth of profit in one year or one trade – don’t feel like every day has to be a home run. Play the long game. Be patient and wait for the best plays.
49 - Don’t trust anyone else to trade for you. Manage your own high-risk investments (like crypto trading) or don’t participate at all.
50 - Take the news for what it is – they’re trying to get views and clicks. They’re NOT looking out for your best interests or trying to help you make money.
submitted by Al2019 to BitcoinMarkets [link] [comments]

225 Good YouTubers & 30 Bad Ones! (Help Me Verify)

I am finalizing my list for CryptoInfluence - The link is a beta version.
I've made several topics on this Reddit asking for input and received a tons of suggestions!
This site is an offshoot of my popular Socialbook.io platform which is used by YouTubers to help get Sponsorships/Partnerships from brands. Brands use the platform search for YouTubers to advertise their products. Once the list is narrowed down they view their profiles and can choose to purchase their advanced profiles in order to view their audience demographics & to contact them.
YouTubers get 50% of the price paid by brands to view their profiles & contact them. They keep 100% of whatever sponsorship deal they negotiate. This has been very successful so far. Up until recently the most popular searches were were Gaming & Fashion YouTubers.
Over the summer we never received any requests for Crypto Influencers. Now we get 12 a day, making Crypto YouTubers our top category!
The biggest complaint is that brands keep choosing the wrong ones and getting scammed. The Crypto Boom is so new that their are not very many "trusted" channels yet. There are no million+ channels. Most of the channels are a few months old between 1-20k subscribers. Its very difficult for them to choose.
The site should do 3 things:
1. Allow brands to easily find quality YouTubers to partner with. Leading to both sides to profit.
2. Blacklist the scammer channels, and keep them from monetizing their channels. (There will be a form to report Scammers)
3. Clear out my inbox ;-)
Below is the current list, sorted by number of subscribers (except the bottom 10 or so). Please help me verify any scammers. The ones I really need help with are at the very below. Also, if you know of any good channels that I don't have listed please let me know! Thanks a bunch!
When the site is done, the channels will be ranked via an algorithm that is less dependent upon subscriber numbers, and more dependent upon relevant content, activity, and audience engagement. This should be able to properly rank that "Good" channels from the more "Mediocre" ones. There will also be a sorter (similar to our advanced search) where you can re-list the channels based on audience demographics, country, language, average views, etc.
Legitimate Channels:
Scammer List:
Not Sure About:
submitted by GypsyGold to CryptoCurrency [link] [comments]

[uncensored-r/CryptoCurrency] 50 Crypto Trading & Investing Lessons Learned Over The Past 5 Years

The following post by Al2019 is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7o8w78
The original post's content was as follows:
By Chris Dunn
1 - Everyone’s a genius in a bull market. Real traders can survive and even thrive in bear markets or highly volatile markets.
2 - Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money.
3 - There’s a big difference between a trade and an investment.
4 - Fully plan your trade before you pull the trigger on the entry.
5 - Entries are important, but risk & money management is where you make or lose money.
6 - Beware of get-rich-quick gurus hopping on the crypto bandwagon over the past year.
7 - Decide which types of trade setups or investments you’ll take and ignore everything else.
8 - Don’t assume just because you’ve made a lot of money in crypto that you can just as easily make money in other financial markets. 95%+ of stock market traders LOSE money. The game is rigged. Stick to what you know works for you.
9 - The best way to day trade cryptocurrencies is – DON’T!
10 - The best way to profit in any market is to find something you think has big potential early (before the general public catches on), and invest assuming you’re going to lose 100% of your capital. It’s the “angel investor” approach.
11 - You can’t control the market. The only thing you can control is your entries, trade size, and exits.
12 - One market participant can completely destroy “good technical analysis”.
13 - Don’t blindly follow trade alerts from ANYONE, especially random people on social media or chat rooms.
14 - All financial networking marketing projects are ponzi schemes, period.
15 - If you make a life-changing amount of money, do NOTHING for at least 30 days.
16 - Trading isn’t about picking exact tops and bottoms in a market – it’s about catching the meat of a move.
17 - Don’t turn a small losing trade into a massive losing investment.
18 - Don’t set daily profit target goals – set long-term performance goals.
19 - Learn to survive, then thrive.
20 - The best charting indicators are price action and volume. You can use others, but it won’t necessarily make you a more profitable trader.
21 - Trends can go way past what seems rational.
22 - Don’t try to pick tops in a market. Wait for the market to tell you when the trend is over.
23 - Don’t trade in front of big news events – it’s impossible to predict how markets will react.
24 - The biggest challenge for most traders is their ego, or the need to be right.
25 - You can lose 50% of your trades and still be profitable if you manage risk properly.
26 - The best entrepreneurs and CEO’s typically make the worst traders and investors.
27 - People with the best mindset for investing typically have a career in high-risk situations like firefighters, pilots, police.
28 - Avoid pump and dump groups like the plague they are.
29 - You WILL make every mistake in the book. Don’t beat yourself up when you make mistakes, just learn and try not to make the same mistake twice.
30 - Don’t treat crypto exchanges like bank accounts. You don’t own the coins unless you control the private keys.
31 - Crypto is a 24/7/365 market. You can’t catch every trade. If you miss one, don’t worry – there’s ALWAYS another trade.
32 - Don’t invest in a coin unless you understand it inside out.
33 - You can make money trading the momentum and hype in shitcoins, just don’t invest long-term.
34 - Stay away from coins with low trading volume and low market caps. They are easily manipulated and you can get stuck in a position.
35 - Don’t trade with money you need for living expenses. It’s called “risk capital” for a reason.
36 - Think of yourself as a hunter – save your ammo for the big game.
37 - Crypocurrency exchanges go down when there’s high volatility. If price hits a major target or buy zone, it might make sense to place some orders BEFORE everyone else.
38 - Trading and investing brings all your emotions to the forefront – fear, greed, hesitation.
39 - The hardest thing to do in trading is… NOTHING. This can also be the most profitable thing to do.
40 - Just because a market is in a “bubble” doesn’t mean it’s going to die. Bitcoin has been through over half a dozen big bubbles and increased in price after each one.
41 - Manage your trades in a way that would leave you with no regrets no matter what the market does.
42 - Learn to think like a contrarian. If you’re someone who needs to have your opinion validated by everyone around you, then trading and investing isn’t for you.
43 - The shorter the chart time frame, the less reliable the chart patterns are. The longer the time frame, the more variables affect price action and the harder it becomes to predict price. My sweet spot in the daily chart for trade setups and 60-minute chart for entries.
44 - Some market conditions are great for pushing the gas on every trade setup you can find, where other market conditions call for you to slam on the brakes and step away from the markets altogether.
45 - 90%+ of cryptocurrencies will eventually go to zero. Invest accordingly.
46 - The mental side of trading is the hardest to master, the most under-appreciated skill, and will cause you to make or lose the biggest amounts of money.
47 - The 3 biggest problems for traders are over-trading, hesitating on entries, and closing positions prior to profit targets when the trade is still intact.
48 - You can make a career’s worth of profit in one year or one trade – don’t feel like every day has to be a home run. Play the long game. Be patient and wait for the best plays.
49 - Don’t trust anyone else to trade for you. Manage your own high-risk investments (like crypto trading) or don’t participate at all.
50 - Take the news for what it is – they’re trying to get views and clicks. They’re NOT looking out for your best interests or trying to help you make money.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Chris Dunn is a professional trader that has been making excellent calls lately. Check him out!

His latest prediction is that Bitcoin will head down towards $700 if the support around $800 snaps (Bitstamp).
Here are some of his profiles to look into:
https://www.tradingview.comchrisdunntv/#published-charts
https://twitter.com/ChrisDunnTV
http://youtube.com/useChrisDunnTV
His official website is http://chrisdunn.com
I've personally made quite a bit following his large swing trades. So far, he's called every major dip and gain since the ATH.
submitted by wingmantrebor to BitcoinMarkets [link] [comments]

How to Pick & Trade the Next Profitable Altcoin: An Insight into What Goes Through my Mind

Abstracted from my blog post. Read the Full Post at: http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html. And follow me for my latest Bitcoin/Altcoin trading advice on Twitter @onemanatatime (https://twitter.com/onemanatatime).
Introduction
Congratulations on owning some Bitcoins and being a part of this Global Revolution! If you don't already own one, buy one easily from an exchange like Bitstamp.net, Coinbase.com, or from someone near you at Localbitcoins.com. Once you own Bitcoins, you can easily trade them for any available Alternative Cryptocurrency from an altcoin exchange like Cryptsy. I like to use Cryptsy because they have so many available coins, and I also find them to be quite reliable.
So you've been seeing tons of people making money trading Altcoins, while you've been losing tons of Bitcoins buying high and selling low? Whether you're simply frustrated with your "bad luck", or just want to learn more & make more Bitcoins daytrading, I'm here to help! So here's an easy-to-understand guide to picking and trading Bitcoin and Altcoins profitably, and of course, more essential daytrading tips to help us all become profitable cryptocurrency traders.
I know you're all eager to make money, but keep in mind that nothing comes for free and I can only help you so much. Just because you've made 5 good trades doesn't make you a profitable trader, and neither does making 5 bad trades necessarily mean you're a lousy trader. Anyone can flip a coin and see 'heads' 5 times in a row. What we want to look for is consistency, and to do that you'll have to start forming Your Own trading strategy. Before I go on, keep these following points in mind when building up your personal Trading Strategy:
How to Find new Altcoins?
So the first thing is to actually find new altcoins and to read up more about what it has to offer. To begin with, I always browse through the Alternative Currency announcements page on Bitcointalk to see what's popular. All new coins are definitely posted here so you shouldn't miss anything, and since threads with the newest post always appear on top, you usually don't have to look further than 2 pages. Things to look out for include the added value a coin brings (as I'll explain more in the next section), as well as the popularity and virality of the altcoin (i.e. high number of pages in a short time).
Another place to look at is Cryptocointalk where you can find a long list of altcoins available, sorted according to new coins or by algorithm. This list is not completely updated, but is organized much better if you want to find out more about a particular coin.
Secondly, you also want to cross-check your information about these coins on social media sources such as Reddit and Twitter. Start off on...
Read more on my blog at: http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html
Other topics covered in this post include:
What to Look Out For?
With so many alternatives out there, we really need to be picky when choosing the next altcoin because you don't want to spread yourself too thinly. Firstly, clones of existing ideas/coins are mostly not worth holding for anything more than the short-term. In this sense, there's a few different kinds of coins with their respective leaders in each category, each with their own pros & cons:...
Where to Buy?
When/What's a Good Price to Buy/Sell?
For new altcoins, and especially clones, all you'll need is to find a good price to buy, since there's no charts for you to do any TA yet. I found a pretty useful formula for calculating a fair price, and have found it to be pretty accurate. Use it, let me know what you think about it, and how we can improve it to apply to different coin types etc. by Tweeting me or leaving a comment below.
Here's the Secret Formula to calculate a Fair Price for new altcoins: (Maximum BTC Supply ÷ Maximum Altcoin Supply) ÷ 5000to10000. #crystalball
How to Trade?
Obviously, the most important rule in trading is to "buy low sell high". Unfortunately, that's usually harder to execute than it sounds because of panic and greed. Haven't you learn enough from bubbles? Whatever goes up must come down. Markets will always look for a correction after a big spike. Don't chase the bubble! EVERY parabolic curve/rise is a bubble, and a chance for you to sell your altcoins for a profit. Just wait for it and always set sell positions ready to eat up those buys.
https://twitter.com/onemanatatime/status/432542011410104321
Trading Tips
#0: Don't join Pump & Dumps, period. For someone to make money, someone else has to lose. Don't be the one caught with the short end of the stick.
#1: Always trade with a plan. Before entering a trade, plan not only your entry but also your exit. Don't fall into the trap of panic buying/selling. Once you get over that, everything will start to come together.
#2: Discipline. Be patient and wait for good setups. Plenty of opportunity everyday, don't spread too thin. On a side note, I can't wait for a margin platform for altcoins to be built. If you're building one, hit me up and let see how we can work together (I'm a Business Development and Online Marketing Major).
#3: Money management. Don't spend more than 5-10% of your entire BTC portfolio on a single Altcoin, unless you're damn sure it's gonna be profitable in the mid-long term.
#4: Understand human psychology. Here's a good 5 part series to get you started: http://www.youtube.com/watch?v=xEcZQdCEiKE
Most Common Pitfalls
1) Placing too much importance on:
2) Overtrading. I'll let the guy whom I learnt all my Bitcoin trading fundamentals from speak about this: Bitcoin Trading Webinar - How To Make Money Trading Bitcoin (http://www.youtube.com/watch?v=oJ-xROFn0zg). Follow him on Twitter @ChrisDunnTV (https://twitter.com/ChrisDunnTV). Long video, but worth it especially for beginners.
3) Not having a plan beforehand. I can't emphasize this enough. Many people jump into buying an altcoin without thinking about their exit plan. What is your target, when you do sell and take profit, when do you sell and cut losses, or do you have more funds/positions ready to buy more if it continues to dip? Are you holding this for the short term or long term? These are all important questions to ask yourself before making a trade. If you don't have a sound and comfortable strategy before entering trades, more likely than not, you're going to end up losing Bitcoins over the (not so) long run.
4) Trying to predict a bottom/top. Nobody can predict exactly where the price is going next, only a better and more informed guess. I personally think this is the toughest problem to tackle, because when greed takes over, you always think "I could have made so much more if only I sold higher or bought lower".
5) Chasing the bubble. What goes up must come down. https://twitter.com/onemanatatime/statuses/432546827196305408
6) Getting emotionally attached to a particular altcoin. I have to admit this is still a problem for me, and I'm still holding onto bags of WDC, ZET, EAC, MSC, that are currently unprofitable. I bought them earlier on, and didn't take profits from the bubbles. But most important thing is that we learn from our mistakes, and that's why I now like to sell some positions to get into a position to "freeroll".
7) Using Technical Analysis as the sole determinant for making trades. Every indicator is useless - by itself. The market is not stagnant, and prices are affected by everything we can, and cannot think of. Don't be bound by one system of analysis; use every single piece of information you can find, and objectively analyze the markets with a bird's eye view.
My Cryptocurrency Trading Strategy
Firstly, I must emphasize that I'm VERY Bullish on Bitcoin for the Long Term. I've invested every single FIAT dollar I have into Cryptocurrencies since November 2013, and I literally have to start selling Bitcoins 2 months later to pay my rent (or wait for a Bitcoin ATM to appear here). Because of this, I spend a ton of time & effort researching Bitcoin and Altcoins to constantly look for ways to grow my number of Bitcoins. I also have a high risk propensity and so not all my trades will be comfortable for you. My point basically is that nobody's situation is exactly the same, so keep in mind that you'll have to build your own strategy to suit your personal needs, risk preference, available resources, and environment...
My Current Altcoin Watchlist
Long Term:
Mid Term:
Others (Not so impressive but still watching):
Cryptocoinchart.info recently launched a new Social Trading feature; Investment Club. Pretty cool. Check it out: http://www.cryptocoincharts.info/v2/investment_club. Don't forget to stop by periodically and bookmark my Cryptocoinchart Investment Club profile (http://www.cryptocoincharts.info/v2/investment_club/trade12) for updates on which coins I'm eyeing/buying.
Frequently Asked Questions
1. How do you feel about XYZ coin?
First of all, there are over 100 altcoins out there, so don't expect me to know about every coin. If it's an exactly clone of Bitcoin, Litecoin, or anything already available, chances are, it's not worth either of our time.
Secondly, read my tweets and do your own research (lazy = poor). If its worth mentioning, I probably did mention it. If you can't find it on my timeline because its too cluttered, again, do a Twitter search for the Altcoin and find out what the World has to say about it.
Thirdly, there's 100s of altcoins out there for you to choose from. Don't spread yourself too thin and buy into every possible bottom. Leave the shitcoins to die, and stick to altcoins with a stronger fundamentals.
2. If I'm holding a bag of XYZ coin, should I just wait or sell for a loss now?
Rule #1 of the game: Buy Low Sell High. But obviously easier said than done.
If you think the coin isn't going make it to the mid-term, and want to liquidate them, you have two options. Sell now and take the loss; that's the hardest thing to do, but also what every good traders knows he needs to do. Or if you think the coin has potential, buy more at where you think is a low, so your average buy price drops, and you can liquidate some/all as soon as it bounces back up. Think Martingale (doubling) strategy.
P.S. This post took 5 months of hard work and research, and one full work day (with overtime) to write. Feel free to donate some coins my way or send some altcoins to my Cryptsy Trade Key: 9c1e289981a685bf0b8a4e48bc00b35eb1380afa.
BTC: 16ka98tnhs9fAjWEXRmEWVrPfTEwmr9orV LTC: LW4qr8aSfgTwGuU6uvEjnhNKRyJJR9iUbR
Read the full post on: http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html
P.P.S. I recently came across an idea of a Cryptocurrency Hedge Fund; form a network/team of crypto traders to synergistically work together and achieve profitable returns. Different teams mining, selling altcoins, buying altcoins, looking for potential entry positions, trading bitcoin etc. If you'd like to discuss the idea, feel free to email me at alvinlee133(at)gmail.com or hit me up on twitter @onemanatatime.
submitted by bakedric3 to CryptoMarkets [link] [comments]

Bitcoin Basics (Part 1) - The Most Important Bitcoin Chart - You Need to See This! Bitcoin to $100k? And Virus Fears In The Markets (WTM 005) Bitcoin Trading - Reading Charts, Candles and Walls This Is Bitcoin’s Time To Shine (WTM ep: 014)

Home Basics Of Bitcoin Bitcoin and Cryptocurrency w/ Chris Dunn TV REEZY TALKS #41 Bitcoin and Cryptocurrency w/ Chris Dunn TV REEZY TALKS #41 . May 13, 2019 admin Basics Of Bitcoin 13. BUY MY BOOK TODAY SUBSCRIBE Grab Reezy Merch Here Join my Patreon … Subscribe to Get more stuff like this. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. We ... Chris Dunn. Level: Beginner ; Free materials: available ... You can subscribe to his newsletter to learn skills to help you to invest and profit from trading with Bitcoin. It worth following Chris on Youtube and Twitter where he shares his trading tips and market analysis on a regular basis with his 200k+ subscriber audience. Chris Dunn creates daily market analysis, live trading, market ... It has been created by Chris Dunn, who is a professional trader in the precious metal trading. Chris has deep experience in the Bitcoin tradings, and he has been successful for many years. He applies the knowledge he acquired through his experience in the Bitcoin journey. The developer has personally developed the product for the sake of helping interested investors to understand the Bitcoin ... [ September 17, 2020 ] NYSE just launched bitcoin futures. What that means for crypto world Basics Of Bitcoin [ September 17, 2020 ] Bitcoin Economics Explained – Is Bitcoin For the Poor or Rich? Are Babies Dying? Bitcoin For Beginners [ September 17, 2020 ] Headlines: Twitter Accounts of Bill Gates, Elon Musk Hacked By Bitcoin Scammers Bitcoin Frauds And Crimes Chris Dunn is the founder of Skill Incubator, a company that teaches valuable skills to help people thrive in todays economy. He is an active investor in education and financial startups. Chris is an advocate for self-education, personal liberty, and entrepreneurship. He spends his time travelling and testing pathways for people to create income and invest their profits. Read More. Latest ...

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Bitcoin Basics (Part 1) - "Explained For Beginners" - YouTube

Cramer's week ahead: The coronavirus outbreak will continue to weigh on the market more than earning - Duration: 11:06. CNBC Television Recommended for you. New Bitcoin Wealth Alliance Review. Click here for the SECRET: http://tinyurl.com/BitconWealth Started by Chris Dunn Bitcoin Wealth Alliance can be the life chan... Get our free Bitcoin course here - https://chrisdunn.com/free-bitcoin-course This Bitcoin basics video series will explain Bitcoin for beginners. You'll lear... Chris Dunn 4,230 views. 42:55. Death of Financial Markets or Biggest Opportunity of the Decade? (WTM ep: 012) - Duration: 1:16:51. Chris Dunn 8,861 views. 1:16:51. Bitcoin Bull or Bear Market ... Chris Dunn trades Bitcoin and is the founder of Skill Incubator, a company that teaches valuable skills to help people thrive in today's economy. Gear I use Software I use for streaming

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