eeyups, I feel a lot better now. more composed and more understood on things

So today my producer asked us designers what would Bitcoin be if he/she was in street fighter/injustice or some fighting game and told us to get to work. I actually found it to be a pretty hilarious concept and I figured to share the game here!

Here's my take

After being hospitalized and reading his pre-published obituary by the mainstream, Bitcoin was less amused about what the press had to say about him. Lock and Loaded with his trusty "Tetherblade" Bitcoin drags himself out of bed to find out who has been so eager to declare his passing....

Combos:
Tetherblade: Bitcoin does a low throw of his dagger knocking an opponent off their feet

GOZ-Style: Bitcoin delivers a series of 5 rapid punches, each punch stacks 1 bankruptcy on the opponent

Bubble Pop: if Bitcoin stacks 10 bankruptcy debuffs, he can detonate them sending the enemy flying and vulnerable to aerial combos

Ether-Kick: Bitcoin phases out of reality and teleports behind the enemy delivering a kick

Blockchain: Bitcoin creates a shield of chains forward to block damage

Cryptbash: Bitcoin does a series of 2 handed pounding blows, if the enemy eats the full combo they take 3 bankruptcy stacks

Ledge-Nano: Bitcoin parries a blow takes out his hardware wallet with a taser attached and shocks his opponent

Dimonized: Bitcoin grabs the face of his opponent and plants 2 bombs spelling JP, dazing the enemy upon explosion and adding 5 bankruptcy stacks

Special Moves:
Antminer: Bitcoin takes a dive underground and runs over his opponent spending 25 bankruptcy stacks

Coinbase: Bitcoin barricades himself in litecoins and repulses them out knocking down enemies and dealing damage costs 20 bankruptcy stacks

Hey guys,

My uncle got me into crypto trading, i;m still quite new but I've jumped into the deep pool to figure things out. These are something I learned and I do hope I have understood it right. If I haven't please let me know!

1. The first thing I learned was that I needed to stay calm, the first 2 days I have a 1300 USD in. Prior to this I did some basic studies on support, resistance, divergence and stoch oscillators to make my judgement as well as a keen watch on media and news. Needless to say I did freaked out whenever bitcoin took a dive. Bitcoin tends to correct itself every 15-25% of its growth and when it happens I painicked and I lost about 150 USD for nothing after I gained 110 USD. I've learned to trust in the market and its general trends. One of the things that affirmed my consideration of bitcoin appreciating long term was the increased awareness of it and the fact that governments have made a rather supportive stance to it. My own country is trying to push for cryptocurrency education in the next 5 years. Although china did crackdown on bitcoin exchanges, china has been an outlier when it comes to the herd mentality of world politics and with switzerlands and singapore moving to favourable policies on the currency it seems that the rest would do the opposite of china.

2. I also learned that you can't catch every deal. I registered in a lot of exchanges only to realize I didn't have time to trade in every single one of them. There were so many good deals so many coins skyrocketing but I learned to accept that I can't take this full time earning my meagre wage of 1100 USD a month and I work long tedious hours. I set saturday aside which is my off day to look at the coins in Binance which is the exchange I have zeroed in on. From there I analyse charts and oncoming events which could affect the prices and set aside 30 minutes every 6 hours of my working days to check my phone and make transactions. For example, with the incoming CBOE there is a fear the traders will short out bitcoins and bitcoin's fall will kill all the alt coins. Some initially held the thought that the altcoins will skyrocket especially how Lite jumped in price as bitcoin went down due to its adoption in a massive gaming platform steam. Once that hype died down, litecoin too took a dive but before it did I place my money in MANA which took off a 40% gain before I pulled out. I anticipated some traders would desperately need a place to keep their coins from depreciating and I narrowed in down to MANA and ENJ, MANA because of their healthy charts and the fact it was due for another push and ENJ because its a long running currency which originally existed as a currency.

3. Keeping your money stable. Before bed I try to find a currency or coin I can safely say will grow while i'm asleep although I don't always have that luxury. Generally I place my money in btc or eth depending on which one I notice would likely move up in an upward trend while I sleep. In the events where btc and eth are going down. I just place it in tether. Tether to me is the absolute last resort when I cannot find anyplace that would grow my money safely without dropping. For the last 2 weeks btc and eth have been taking a dive and its where I place my money unless I'm awake to watch.

4. Never overlook negative percentages. I found this fixation in me to look at charts with green, charts that are low in green but could very well shoot up after a while, but there are a lot of coins which are in the red with a far better potential to do so. I usually pick 3-5 coins by instinct around this region (low green to red) look at media, the performance of the coin in the last 7 days, the performance of other coins (why would traders move to this coin) and so on to narrow down my choice. So far I've been able to get this right 60-70% of the time right. I'm still looking to improve my accuracy on this.

5. Lastly, educate yourself. No one is going to do it for you and give you what you need to know. I saw so many people asking other traders. Is it going to crash on 10 Dec? No one can truly say and if they do, most have a motive (making someone sell to buy up cheaply). When studying this occasion. I looked up other commodities that were known for volatility that have been listed in futures exchanges. I looked at their profits and performances and tried to look around events of that year to justify the trends. This helped me to narrow down what exactly did futures do to these volatile stocks and exchanges. Needless to say I locked my positions.

Overall I feel like there is a state of calm in me now after doing this for a bit. I'm glad I did.

quick bump

Hi All,

I started studying cryptocurrency from last week. I've been tempted to make a Bitfinex and Poloniex account however from what I notice there seems to be legal issues with Bitfinex recently and frozen transactions plaguing Poloniex. Wanted to ask a second opinion if these exchanges are safe and reliable and if there are any grounds to the legal claims made against Bitfinex.

Also regarding transaction fees, if I were to transfer BTC and Eth from one exchange to another or from wallet to exchange. I understand there are deposit and withdrawal fees where I need to pay withdrawal fees to the exchange i'm withdrawing from and paying the wallet/exchange which I'm depositing in if I understand this right?

Lastly apart from those fees, I heard each crypto also has fees tied to the blockchain which I have to pay on top of that. When does this happen? When we do trading in the same exchange or when we move money from one exchange to another?