[TWO TYPES OF SELL WALL]

This content is for new traders entering the market, and those who are not familiar with the concept
"Sell wall" can be seen on every Coin Exchanges. It often contains two parts:  the blue part or "Buy wall" and the red par, which is the "Sell wall". If the red part is bigger than the blue one, that means the "sell wall" is growing and investors are more likely to hold coins, waiting for a decrease.

Sell walls are usually created by a large number of sell orders at a certain price. Sell wall appeared will prevent investors from offering a higher price than the price of the "wall" due to the fear of unable to sell, thus pushing the coin price down. This is also the main reason why some cryptocurrency, despite being in the uptrend, still show signs of slowing down or falling at certain points.

TWO TYPES OF SELL WALL
Real Sell Wall - RSW: This wall is usually caused by market fluctuations and financial events, such as negative corporate information, negative perceptions, failure to implement certain projects, hacker, and fraudulent issues, or a sell-off. RSW “stay high” for a period and usually comes near the peaks order for coins that have high transactions volume. These "sell wall" appear for good reasons, caused by real events of companies and market. So, if you pay close attention to this wall, you will notice its gradual uptrend.

Fake Sell Wall - FSW: This wall is created by whales or "pump and dump" groups that aim to dominate the market. This will usually last for a short period and occasionally long period. It is usually coordinated by a group, individual or trading bot (an algorithm programmed to automatically create orders at certain conditions or events). Fake walls can show up and disappear at any time, even in a bull market or after positive news with no selling pressure. In short, FSW just “popup” from nowhere with an unnatural figure.

 
In general, sell wall appeared means that it is not the right time to sell as it represents price decrease pressure on the market. Or in other words, the price may fall soon after sell wall and you would make more profit if you let the price touch its bottom.
However, it is important to distinguish between RSW and FSW. FSW can appear and disappear immediately. In the context of whales secretly manipulate the market and create FSL, you need to be extremely cautious, especially when you are a daily trader.

As we all know, whales are completely capable of setting and controlling the Exchange as well as the price of coin at some cases. They can place large sell orders, creating a fake sell wall that keeps prices low. Once purchased, they will remove the sale order and the price would increase again. This is how they benefit from making FSW. They repeat this process many times and of course, the benefits are constantly increasing.
If you are a newbie, there will be times when you encounter a situation of RSW and FSW. In Crypto trading market, if you want to survive and actually make a living out of it, it is important to always maintain high spirit, never stop learning, and don’t even give those whales a chance to trick you into their trap.

Once you decided to invest in Bitcoin or Altcoin, you have to determine what kind of money making strategy you are into?  Do you only choose one to invest or put the bet on both?

If you want to make instead of losing, you have to find out exactly what you are investing in, what technology does that crypto use, what its goals are, what the company stands for it, what the development strategy and the tactics are... When you actually invest, go for the low prices, invest for long-term, and do not be afraid of falling prices.

If you decided to surf, you have to go through many failures before learning how to deal with those “dolphins”,  “sharks”, and “ninjas”. Along with practical experiences, you have to take part in chart analysis courses and practice that knowledge by reading news or expert’s analysis. The last thing you needed is a little bit of luck to actually gaining a few dozen percentages of profit.
It is not easy at all to making money from this crucial market and you will not make any if you just sitting there waiting for the right price.

From my own experiences, you should divide your capitals into 3 parts, one for long-term investment into a crypto that has a “clear and bright” future; another for surfing; and the last one as backup money for an unexpected situation. For example, you have spent all the money surfing, and suddenly the next day red is all over the Exchange. At times like that, you can use the backup money to continue to surf.  For my case, I bought XRP at the price of 11500 Sato thinking it has already at the bottom. But the next day, it continues to fall to 9400 and thanks to my backup plan, I still have some money to buy. This plan has saved me many times or at least help to reduce the losses. Anyway, these are just my experiences in Coin trading and I cannot ensure things will be the same for you. After all, this is just a small rock from that mountain you are about to climb.

Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.

[1. Define your method of transaction and style]

         1. Define your method of transaction and style

The biggest problem for part-time traders is the amount of time used for trading. If you can only spend one hour per day for trading, it will be very difficult to make actual profits. You must have a clear plan. What would you do in an hour? Will you trade in scalping or long-term or mid-term? Asking yourself these question, having a detailed plan for trading, then choose the best method.

         2. Maximize your transaction time

As mentioned, time is the key. Time management is an important skill for traders, especially in the early stages. In addition, you must have a specific plan to improve your trading skills such as review charts, backtest tools, and tracking basic economic information to make a critical analysis. Even in the bear market, maybe all it needed is to sit down and do those things above because you would not trading anyway. Be patience and chances will come.

       3. Improve your specialized knowledge

Because your transaction time is limited, you need to gaining trading knowledge and experiences by reading a book or consult an expert analysis.You need to build scripts for your strategies from different perspectives and always control your emotions when making forecast.

     4. Keep your head cool

You are not a robot and you cannot follow the price chart 24/7. If you miss a chance, lets it be and move on. Trading is long-term and opportunity is one thing that market never lack of.

      5. Join the professional Forex community

Due to the popularity of Forex forums, you will not be alone in trading. Take time to participate in forums and learn from professional traders. They may point out things that have yet known. TraderViet.com is a great community. Definitely check that out!

       6. Clear trading plan

A trading plan can maintain a relaxed and prepared state in trading. As planning ahead, you will likely to have a wider and further vision of the market, wasting less time on monitor price charts. It helps keep you calm and abides by the rules you set. A complete trading plan will help you accumulate more profitable and faster on the way to becoming a professional trader.

That’s all of my secrets, what do you think?

[Our prediction?]

After a disappointing weekend, we have witnessed an optimistic increase of the Crypto market. The color green has brought hope for investors this week. This recovery may last and create momentum for an uptrend of the crypto market in the new week.

In general, this is a good time to play relative to what we have experienced since the beginning of the month. One thing to keep in mind is that this trend is still spreading across the market, not just in the top 5 Coin. It will take a whole day to list the coin that has a price increase today.

Of course, there are still some coin and tokens that follow the opposite trend and sink deeper into the volatility of the market. This means that we have to be carefully and strictly follow the price chart as this red color may spread to the whole market.

Our prediction?

It is difficult to make accurate predictions at a time like this. Just when you think the market is recovering, it could fall dramatically as there are no signs of a permanent recovery. Nothing is certain now.

But even if this uptrend is only temporary for a few days, a lot has started trading and the market is warming up again. And for those are still holding coin and wait for an official uptrend, the dawn will come.

[1.Where to buy Bitcoin]

As Coin trading or cryptocurrency trading is potential and a new aspect of finance, this thread will show you 5 easy steps to start your coin trading.

1.Where to buy Bitcoin
There are many Bitcoin Exchange and each has its own pros and cons.  Bitcoin price is also different for each exchange depending on its traders as well as the number of coin their traders holding and want to hold. Therefore, choose the cheapest Bitcoin price to buy.

2. Which Coin to buy
Go to coinmarketcap.com - A market capitalization site, and look up for information of the Coin you want to buy, such as  Market Identifier Code, price chart in observation, quantity, transactional volume in 24h or 1 week, ...
There are about 700 Coins to choose. Therefore, think twice before putting your bet in one or else you will lose it all.

3. Which Exchange to trade
One coin can be listed on various Exchange. Priority Exchange that has a high reputation, many strong Coin listed and high trading volume. Also, You can buy from one and sell in another. Here is what I recommend: Bittrex, Poloniex, Binance, Kucoin ...

4. Which price to buy at and How many
The art of trading is to buy as lowest as possible. Go for the cheapest and If you can’t, them simply looking for others or trade back to cash.

5.Which price to sell at and How many
Predictions and technical analysis are what you need to know which sell price would bring the most profit.

[Bittrex]

In the world of cryptocurrency there are dozens of exchanges, but two of them are responsible for most of the altcoin daily trading volume. Bittrex and Poloniex are two of the top trading platforms in the market, let's check out their similarities and differences .

Both exchanges are highly valued and, of course, there exist inevitably complaints for both.

One of the most positive things is that they can exchange dozens of altcoins, not only the typical BTCs and ETHs, but also many emerging cryptos such as Litecoin, Ripple, Dash and GOLEM.

When it comes to Bittrex, you can trade using BTC, ETH and USDT.
-Poloniex has a slight advantage here as it allows transactions via XMR.

** About the support, both exchanges prove quite reliable.
In Poloniex, there is an easily accessible Q & A section and a contact page where you can quickly send a message when a problem occurs.
As to Bittrex, besides email support, Q & A section, they have a larger social networks including a Slack and Facebook page.
Both exchanges enable communication via Twitter.


** Bugs and hacks
Both of these platforms are almost equal in terms of bugs and hacks.

As to hacking, it is sometimes difficult for users to distinguish between fake and authenticated news, so there is no way to dig deeper and comment more. But one thing is for sure, most altcoin exchanges have been hacked in one way or another, and that is why you are recommended to move altcoins to your external wallet the sooner the better.


** Transaction fee
Poloniex offers competitive fees, which accounts for 0.15% for traders and 0.25% for buyers in case the trading volume is below 600 BTC. The bigger the trading volume is, the lower the fee is.

Bittrex's fee mechanisms are simpler: 0.25% commission for all. However, it is generally more expensive.

=> Rating
It's clear that these are two of the best places when it comes to trading a wide range of altcoins. After many surveys and evaluations, it seems easier to trade on Bittrex.

But it is just a general evaluation. How about you? What do you find the most appropriate cryptocurrency trading platform?

[Here are some characteristics of successful traders and gamblers:]

Here are some characteristics of successful traders and gamblers:

A gambler:

- Have no transaction method.

- Do not take notes of your views on the market trend daily.

- Don’t care about risk management

- Spend most of your time focusing on winning and making profit.

- Let emotions dominated their mind when trading

-Place orders without consideration.

- Place too many orders


A trader:

-Understand and master an effective trading method

-Have a clear and specific trading plan and comply with it.

- Have a daily note on market view and trend

- Pay attention to risk management for each trading order

-Don’t set making profit and winning as their 1st priority

- Only make the deal when the price model matches the method.

-don’t let emotions control their actions

- Consider coin trading as their career and daytime job.

If you have those characteristics of the gamblers, you should change it immediately. If you have trader traits, maintain them for as long as possible and remember to always think twice before doing.

[Updates on BTC and ETH news on April 3, 2018]

Updates on BTC and ETH news on April 3, 2018
Bitcoin and Ethereum are the two most popular cryptocurrencies in the world.
Bitcoin is considerably greater than Ethereum by value, but Ethereum is highly likely to overtake Bitcoin. Developed on Blockchain technology, there are still some differences between Ethereum and Bitcoin. Bitcoin tends to become a coin while Ethereum is a development platform.
Bitcoin price has dramatically fluctuated, leading to the changes in fate of many other coins following it.
The fate of thousands of altcoins depends on Bitcoin, except for Ethereum. However, Ethereum price has also unpredictably fluctuated. Here is the update on today Bitcoin and Ethereum prices:

• Bitcoin: $7.076,55
• Ethereum: $384,68

#BTC
#ETH

[Binance]

Binance is an cryptocurrency trading platform like Bittrex or Poloniex. Binance is a new platform launched in July 2017 in Shanghai. It was developed by a team from China and run by Changpeng Zhao (CEO). 

Eight months since its official launch, Binance and its potential have yet been acknowledge by investors. As observed, the volume of transactions in Binance is enormous. The number in December 2017 only has “wind-up” from $500 million per day to several billion dollars, which surpass it opponent Bittrex. The trader mostly came from USA, China, and Japan. Ever since the CMT from CyberMiles listed in Binance, Binance is considered to be the 1st choice of those who seek low-cost Coin Exchange platform.

Talking about the Binance’s advantages, a modern interface, easy to use, and “almost-free” transaction fees are definitely a “win-point” to investors. Overall, Binance platform has great potential and has already beaten two of its junior - Bittrex and Poloniex -  in transaction volume

 “Almost-free” transaction fees? 
Binance trading fees are listed as follows:
Default transaction fee: 0.1% (Bittrex and Poloniex fees are 0.25%)
Special transaction fee: 0.05% (applied when using BNB coin to pay fees)

Whenever investors visit  Binance, A dancing flowing chart is there to welcome. Its unique interface sure attracted, still, its job is to help you keep track of what going on in Binance.
If you are interested and want to join Binance, all you need is a verified account. Binance also offers to raise withdrawal limit once your account and identity verified.

A detailed guide of Binance will be posted in my next article. So stay tuned!

[The market capitalization of cryptocurrencies has surged from 420 billion USD to 590 billion USD. To everyone’s expectation, the recovery has brought the desired green color back. The stock market worldwide has reached a level of 65 trillion USD while that of crypto market is only around 590 billion USD. Isn’t it too early to conclude the whole thing would end up in a “crypto bubble”? Should its issues like transaction fee and speed be resolved, Bitcoin will definitely become a major payment method. To realize this end, the Lighting Network has been proposed. But what if it fails? Surely there will be other solutions coming to life.]

The market capitalization of cryptocurrencies has surged from 420 billion USD to 590 billion USD. To everyone’s expectation, the recovery has brought the desired green color back.   
The stock market worldwide has reached a level of 65 trillion USD while that of crypto market is only around 590 billion USD. Isn’t it too early to conclude the whole thing would end up in a “crypto bubble”?
Should its issues like transaction fee and speed be resolved, Bitcoin will definitely become a major payment method. To realize this end, the Lighting Network has been proposed. But what if it fails? Surely there will be other solutions coming to life.   

France Warns of 15 Unauthorized Cryptocurrency Investment PlatformsThe Autorité des Marchés Financiers (AMF) issued a warning on Thursday regarding cryptocurrency platforms that have been blacklisted by the agency. The AMF is France’s stock market regulator, an independent public body responsible for safeguarding investments in financial instruments and other savings as well as maintaining orderly financial markets.

France Warns of 15 Unauthorized Cryptocurrency Investment PlatformsAlong with the warning, the agency published a list of 15 cryptocurrency companies, which, it says, are “unauthorized companies proposing atypical investments without being authorized to do so.” Examples of such investments are “Diamonds, rare earths, wine or ‘crypto assets,’” the AMF wrote, adding that it has been providing a list of unauthorized diamond investments platforms since July of last year. In December, it decided to add “other miscellaneous assets” to this list, which includes “companies proposing to invest in ‘crypto assets’, some of which are presented as cryptocurrencies.”

Recently, Belgium’s Financial Services and Markets Authority (FSMA) also issued a similar warning, listing 19 cryptocurrency platforms that it had received complaints about and show signs of fraud. Like FSMA, the AMF emphasized that its list is neither complete nor exhaustive of all platforms that do not comply with the country’s regulations.