Everyone reading this knows someone who had a big draw-down in 2018 trading cryptocurrencies. The reality is, most of these people were destined to fail. Most of these people thought trading cryptos would be easy money, and went in with almost zero knowledge of technical analysis, fundamental analysis, and trading psychology. If you don’t understand … Read more6 Reasons Why Most Cryptocurrency Traders Fail
It is no secret that cryptocurrencies are some of the most volitile assets in finance. There are concerns that crytpocurrencies are too volatile to use as every day currency. To address this issue, cryptocurrency assets like USDT and TUSD have been created to keep cryptocurrency valuations more stable. Tether is much less volitile than other … Read moreUSDT vs TUSD: What Is The Best Stablecoin?
It has become more widely accepted the past 12 months that cryptocurrency will play a pivotal role in the future. However many people are not familiar with the different types of cryptocurrency, and what different functions each serve. Definition of Cryptocurrency Before we get into the different types of cryptocurrency, let’s start with the basic … Read moreThe Different Types Of Cryptocurrency: How To Determine The Best Long Term Investment
Cryptocurrency has been around for almost a decade now, but it only recently came into the limelight on major media news outlets in 2017. The hype behind Bitcoin started as people began to realize its potential to resolve huge inefficiencies in the banking and currency space. A common question people have: What problems does Bitcoin … Read moreWhat Problems Does Bitcoin Solve and How Will Cryptos Change the World?
We are seeing ICO’s and coin promotions all over the internet and social media the past 12 months. Unfortunately, most of these ads are promoting “shitcoins” or “pump and dump” schemes to just take. Some of these tips may seem like common sense, but common sense is not so common so I thought I would … Read moreHow To Avoid Crypto Scams: The Biggest Red Flags
Cryptocurrency trading completely changed my social life. It is a transition from stock trading, but some of the skills and setups do apply for both. Before you get started trading cryptocurrencies, you need to understand exactly what you are getting into, and have realistic expectations. I had to learn many tough lessons about cryptocurrency the hard … Read more6 Things I Wish I Knew About Cryptocurrency Trading Before I Started
How Did Cryptocurrencies Start? Bitcoin was the first cryptocurrency ever launched. In 2009, a pseudo-anonymous figure under the name Satoshi Nakamoto launched Bitcoin to be a peer to peer payment network. Also, Bitcoin was also designed to be a decentralized currency. Not printed by a government and not distributed by banks, Bitcoin became a mystery … Read moreCryptocurrency Tokens Overview: 10 Common Questions Answered
Cryptocurrency trading can be a grueling endeavor. The 24/7 markets can make it time-consuming and stressful due to the lack of respite. However, the never-closing markets also make it ideal for part-time traders who may have a full-time day job. With the right strategy and the correct execution, someone with a day job can make … Read more5 Tricks For Successful Part-Time Cryptocurrency Trading
Trading cryptocurrencies is no easy endeavor. Last year anyone could open a Coinbase account and buy any of the cryptocurrencies on GDAX, and they probably would have made money. 2018 has brought the crypto space back to reality. All of a sudden cryptocurrencies are just as difficult as trading stocks, futures, or any other financial … Read more3 Things You MUST Do To Start Trading Cryptocurrencies Successfully
There is a ton of uncertainty about the future of cryptocurrencies at the moment. It is unclear how governments will regulate digital assets, and what kind of role they will play in day to day transactions. The G20 news summit was expected to address many of these uncertainties surrounding the future of cryptocurrencies. Here’s a … Read moreG20 Summit Recap & The Regulation of Cryptocurrencies in 2018