Hey everyone, I like to keep a monthly overview of how bitcoin is doing. I know many of you may have stopped trading over the last year as we’ve had so many consecutive horrible months. Trading with a negative bias makes trading in crypto even harder than it normally already is. That is, considering you only go for long positions.

Starting in 2020, we’ve seen a fantastic month for bitcoin with an increase of 30.59%. On average altcoins gained 26.52% in value (when looking at their USD value). Also speaking from personal experience, trading over January was much easier than the previous months.

If you are considering getting back into crypto, this might be a great time. Make sure you keep an eye out on the market!

If you want to get more information over how January 2020 is doing compared to 2019 check out this in-depth analysis I wrote at https://www.100-eyes.com/blog/monthly_update/2020/01


Here you can see the average performance of altcoins over the previous twelve months. As you can see January 2020 was the second best month and only the second positive month since April 2019!:

The 100eyes scanner just made a new alert available: https://twitter.com/100eyesCrypto/status/1213884952024113153?s=20

Do any of you have experience trading support zones and RSI Divergences? Do you think it will be worth to try?

[F.A.Q.]

Binance just completely changed their fee structure: https://www.binance.com/en/support/articles/360032968351. This means you can save a lot of money while trading!

This is how it works:
- They introduced a new kind of referral link, that instead of benefiting the person from the referral link now also gives a benefit for YOU who uses that link to sign up.
- The discount will be applied every time you trade, saving you money on fees.
- There are special discount categories for the new referral link, 0%, 5% and 10% for normal accounts. And exclusively available to large accounts: 15% and even 20% permanent discount
- Anyone can benefit from these links, but you will have to create a new account to make it work.

It can be difficult to find a link with the highest discount category of 20% that actually works.  For more info, including a working referral link for the highest category go to: https://www.100-eyes.com/20-percent-discount-on-binance


F.A.Q.

Q. But I thought you're only allowed to have one account on Binance?
A. You can have as many accounts as you want that are unverified. If you went through KYC you will need to either sign up using a different verification document or destroy your account through a ticket (https://www.reddit.com/r/binance/comments/99sdir/are_we_allowed_to_have_more_than_one_account/)

Q. Do I need a different email address to sign up?
A. Yes, you will need a new email address for your new discount-unlocked account.

Q. Is it worth creating a new account just for the fees?
A. Yes, every single trade you will make from now on will have this discount. It will add up to a lot over the long run.  

With my goal of becoming a full-time trader, I have recently spent a lot of time researching different tools. I learned that most tools are just ways to earn easy money for the creator, but there are some that truly make a difference.

In order to save your time, this is my shortlist of the four things I use most, and that have given me the most value:
- TensorCharts (https://www.tensorcharts.com/)
- 100eyes Crypto Scanner (https://www.100-eyes.com)
- CryptoPanic (https://cryptopanic.com/)
- Tradingviews Ideas (https://www.tradingview.com/ideas/crypto/)

Also, I wrote an article summarizing how I use them:
https://medium.com/@100eyes_crypto/4-tools-for-the-modern-crypto-trader-4ea13cd3130a


Let me know what you think, and if there's something else I should try.

I always feel that it's very intense to trade. I have been trading crypto for two years now, but find it's still difficult to get used to all the constant price fluctuation.

I decided to write an article about this topic, including solutions to make sure your trading becomes more rational: https://steemit.com/cryptocurrency/@wickcrypto/an-emotional-guide-to-crypto-trading-why-paper-trading-is-useless

For example, using some simple tricks you can remove a lot of the emotion out of your trading. I trick that helped a lot was as simple as changing your color scheme in Tradingview. I don't think I am allowed yet to post pics on this forum, but you can check it out the big difference here:

What do you think? Do you have some more tricks you use against these emotions?

Also, it was the first post I made on Steemit so far, I'm very open to hear any feedback about it!

Hey all,

Bakkt is coming soon. I have been reading a little bit about it, but I mostly trade Crypto and don't know much about the underlying technology and the large corporations impacting it. What is Bakkt and what is the most likely effect on the prices of cryptocurrencies?