THIS IS EXACTLY WHY you use an exchange that has transparent custody like Blockchain board of derivatives. Thank me later.

A decent startegy that works for me is using RSI + 55 EMA on the hourly chart.

Basically, if RSI is going above 60 and the candle crosses the EMA, I go long.
if RSI is going below 40 and the candle crosses below the EMA, I go short.

R:R is atleast 1:5 or more. In Bitcoin, it happens to bounce around a lot and hit my SL often. Although its quite a good strategy for alts and such.

You can maybe try adding more indicators to this strat and refine it yourself. Currently I trade ETH with this startegy on BBOD (it has zero fee trading).
It works for me.

I also scalp a bit on there, zero fee is quite good for us scalpers.

Happy trading! 

The internet is your best buddy. If you want to learn to trade, you gotta learn by doing. Its not going to come automatically. The only way out is to trade and learn from your mistakes.

Having said that, start with a small account. DO NOT TRADE ON TESTNETS.

While they might be useful to start with and familiarise yourself with the order placement procedure and what not, they do not help you in the real world to make money.
You might make a lot of money on the testnet, but it will be difficult to implement the same strategy on real accounts.

Grasp all information that you can on trading and get better at it day by day. To shortern the learning curve, you might want to check the 'The Trader's Perspective' series on https://bbod.io/blog.

Pretty cool platform imo.

But always, DYOR. Happy trading!

If by trading app, you mean exchange. I trade frequently on Blockchain Board of Derivatives (BBOD). The offering is dope. Upto 50x leverage on future contracts, zero fee trading, transparent custody, lightning fast engine.

I have lost a lot of money in Mt. Gox. Not falling for any other exchange that claims to be "famous and the best". I would rather trade on an under the radar exchange that is much more secure than mainstream exchanges. Feel free to check out all exchanges though. All the best 

Cool stuff. Been trading at BBOD for more than 6 weeks now. The matching engine is quite fast. The UI/UX is friendly and not that hard to grasp.

If you come from Bitmex/ Bybit (which have extremely slow charts), you would be delighted.

If you come from Binance, you would see familiar format of placing orders (but with upto 50x leverage)

The way settlements function is pretty cool imo. A smart contract that does settlements paired with your personal wallet only.

Haven't seen this in any exchange in the industry till now.

Keep up the good work guys!

I have been trading on Bitmex, Binance, Huobi, WazirX, Okex, Bitfinex, etc. I have also been waiting for Digitex to launch for quite some time. I really wanted to check out zero fee trading on their platform. BBOD came into my radar recently. It is fairly new, but its quite smooth tbh.

Pros-
1. Zero fee trading
2. personal custody, so exchange could be provably solvent
3. leveraged alts (yay for me, nay for some)
4. Quick support and new features deployed every now and then

Cons-
1. Liquidity (this will get better as more traders and market makers come in)
2. New features deployed often lead to bugs sometimes
3. BBD token price is not stable. (but a great fundamental buy)

For sure. You said it!

Sure, send me your crypto

Lots of strategies work for BTC trading. You just gotta figure out the right one.

This makes so much sense. If only a lot more people knew better.

do not worry. it would be easy to attract investors in the next bull run. meanwhile, keep stacking those sats!

Not likely. But by the end of next year, the price of Bitcoin is bound to move. The halving in April 2020 is a major bull run catalyst. Cheers!

Well, my country still doesn't accept crypto. So i am all good. Tax free 

Couldn't agree more. Trading simpler is much easier at first than margin trading.

Good point. I am definitely buying more Bitcoin. Bitcoin to 200k mofos!