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Dear all, it seems industry went crazy (and still goes) over the recent dips in value that bitcoin experiences. I understand that such a drop can render anyone down to an emotional breakdown, I would still implore you to keep calm! It is nothing new in this industry, as many bears occurred in history. There are so many toxic posts now that might push people to sell everything way too early. I suggest (much like when political voting was in question) to stay away from social media and do your own TA and FA. For traders - use leverages on small price changes to cut losses as much as possible. For HODLers - price WILL go up in the future. Suffice to say that prediction is hard at this point and "moon" is a very subjective term right now, but it will go back to $7.000 level in my opinion. I do not think $20.000 is realistic, even in 2019, but you can be sure bitcoin won't disappear just like that anytime soon. However, I am sorry for people losing their money over this trend  (( I hope no one got hurt but this and that you can get your value back soon enough (which you will!) by holding on! Keep at it, as the blockchain industry has been and shall be as volatile as hell! If you still want to exit no matter what, you can sell it right now to get it out of your mind and cut out stress. You can also help your friend out or anyone trying to bring the market back into track value-vise, so you can help them out if you have a small number of coins that may not mean anything to you (putting mine around as well but do not feel obliged or anything:3BMEXxdphJrgzLst1MJ6b6RGajwzhFkeqn). Trade and HODL safe! |
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After the recent dip, the crypto market seems to have found its foothold (as it always does). What do you think will happen now? How accurately can we predict the industry's behavior in such situations at this point, what with the decreased effect of positive & negative news, as well as hype? https://www.cryptocointrade.com/ |
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There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto. There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time. If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education. |
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Hello, community! I would like to open a debate on pump & dump groups and their impact on the bitcoin market. I'll start off with questions, with my own opinion listed below, so we can get ti started: How do you guys see pump & dump groups in terms of impacts it had(has) on bitcoin? Do you think it is no big deal or it is actually harmful? How harmful it can be if your answer to the last question was latter? In my opinion, pump & dump groups and the activity itself serves only the creator and close circle around him/her. So far, many people lost funds due to it and should be kept out of the industry. There are many other legitimate strategies around to be used instead of it (as to not spam with long text, few can be found here: https://www.cryptocointrade.com/about-trading/crypto-trading-strategies/) What are your opinions on this? |
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Hello, community! We would like to present you with an article for starters on arbitrage trading, what it is, benefits and (more importantly) risks of using the strategy https://www.cryptocointrade.com/trading-blog/what-is-crypto-arbitrage-trading-and-is-it-possible-to-make-a-profit-from-it/. Suffice to say, jumping from one bitcoin platform to another does have its own set of issues, where price might change rapidly and fees might be high as well. What are your experiences in arbitrage trading? Have you ever done it and had success? What would be your advice for people thinking about using this particular strategy for the first time? |
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Bad news for U.S. Poloniex clients - it seems that the company owning the platform, Circle, will pull out margin trading for them. The decision was announced in a blog post. Additionally, the company will delist GNO (Gnosis), AMP (Synereo) and EXP (Expanse). https://blog.circle.com/2018/10/03/poloniex-to-remove-margin-and-lending-products-for-us-based-customers/It is important to note that U.S. traders will have seven days notice when the decision comes to power, especially since withdrawals will not be possible after that period. The decision came as a plan to revive the Poloniex. |
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Many a trader got scammed in recent years due to the fraudulent projects, no matter if they are ICOs, social media "gurus" or trading platforms. In my opinion, it would be important to first educate beginners (here's an article on how to avoid mistakes, scams included https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/). How do you figure one out and what can be done in near future to limit these frauds an access to the market? |
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There is an interesting rumor going around regarding futures platforms today. According to the CCN, TD Ameritrade and Virtu Financial, both involved in trading, decided to invest in cryptocurrency exchange called ErisX. Apart from bitcoin futures and cryptocurrency trade, the plan is to offer "physical form for cryptos". There would be a spot trading market, with investors receiving cryptos instead of cash. https://www.ccn.com/td-ameritrade-trading-giant-virtu-invest-in-u-s-cryptocurrency-exchange/What do you guys think, how successful the new futures trading platform will be (judging from the report from above)? Do you think the physical form is possible at this stage of the industry development? Is it needed? For those that would like to have a deeper look into the futures trading, you can read more about them and other instruments through this link https://www.cryptocointrade.com/about-trading/crypto-trading-strategies/. |
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Hello! We would like to present our site dedicated for starters in crypto trade. it is a completely free education, where you can check out guides and reviews regarding trading platforms, bots, and much more for bitcoin and altcoins as well. Head over to our website where we dedicate articles and guides for beginners in cryptocurrency trade. If you liked what you've read and thought it can be helpful to others, share the link, with your friends, family, and coworkers. We are also here to help you clear misconceptions regarding cryptos as well as how to trade them profitably. https://www.cryptocointrade.com/ |
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The vulnerability of the cryptocurrency blockchain network can impact the value of the coin, especially if the said bug can be exploited. The bitcoin's inflation bug could have large implications for the whole industry, not just bitcoin. Recently, dev teams went undercover with an issue a bug caused. In it, part of the blockchain system could have been shut down, allowing the attacker (if there were one) to create additional bitcoins outside of the market cap limits. It is a red flag for development, meaning that teams should sit down and make decisions to get the crypto into the right track soon. https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/. What is your opinion on it, what kind of consequences there could from this bug? https://www.cryptocointrade.com |
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I did expect new bitcoin ETF to come soon. Right now, SEC reviews yet another application for the BTCs trade contracting that would allow businesses to enter the digital coin industry. We shall see how this one goes! However, I do not think that the market will feel the impact immediately. It all depends on how large the ETF adoption shall be. It will take time for clients to get into the ETF instrument, especially those that never worked with cryptocurrencies so far. https://www.coindesk.com/sec-seeks-more-input-as-it-weighs-vaneck-solidx-bitcoin-etf/ |
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The bitcoin's price fluctuates greatly right now, as it always had. In the past 24 hours, it went as low as $6.100 and went up to $6.550. The difference of $550 is quite a nice sum to capitalize on, especially if a leverage function is used. Keep an eye open the market movements always and implemented technical analysis to catch these trends. https://www.cryptocointrade.com/In your experience, apart from the large growth in 2017/2018, what was the largest spread during one day that you have witnessed so far?  |
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It has been noticeable that social media these days is exerting panic calls all around. These posts serve no real purpose except to take clicks and views while not helping the cryptocurrency community at all. Keeping a cool head at times of bearish runs is no trick but is also far from easy. Even the best of us fell into the trap of panic responses, losing even more as a result. Keep the stress out of the trading business and invest only so much that you can afford to lose. We would also recommend small investments at the times when bitcoin and altcoins gradually lose value, since the period when they rise up will come. Share here your "quick and dirty" techniques to keep calm while trading and experiences when you panicked so to help others recognize it as well and stop it in time! https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/ |
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Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets. Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites. |
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Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better. Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills. PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side |
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We made reviews about popular apps and bots that can make your trading life easier. Read them to get an idea what they are for but careful with handling them - you still need to use your intuition and knowledge for them to really benefit you in crypto trade! https://www.cryptocointrade.com/about-trading/crypto-trading-apps/https://www.cryptocointrade.com/about-trading/crypto-trading-bots/Traders should understand that the tools are there to be used and manipulated. If you leave an AI to do the job in your stead, you are bound to lose - and a lot as well. Apps and bots are wonderful for automatizing your activities and can help you gather data efficiently and very fast. But they cannot trade instead of you. Insights within a market like cryptocurrencies require human interaction, psychology, and understanding why people behave the way they do! |
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