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 more
Reading a white paper is a daunting prospect. No one wants to take the time and read through a 30+ page, technical description of a complicated piece of technology. However, being able to read and comprehend a whitepaper will give you a huge advantage over other investors. Most investors are too lazy to read the … Read more
Everyone reading this knows someone who had a big draw-down at some point in the past 2 years 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 … Read more
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 more
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 more
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 more
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 more
Trading cryptocurrencies is no easy endeavor. In 2017 anyone could open a Coinbase account and buy any of the cryptocurrencies on Coinbase, 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 more
Bitcoin just had a very bearish break of support in the past 24 hours. The break of the 9000 level put just about every buyer who was looking for a return to $20k in the past month under water. Despite the strong bounce in Bitcoin and other altcoins in the past month, we have not … Read more
The 2000%+ returns in Bitcoin, Ethereum, Litecoin, and many other coins in 2017 attracted a huge amount of retail investors into the cryptocurrency space. Most of these investors got wiped in 2018 during the huge pullback in BTC and all other altcoins cause they had no clue what they were doing. Most of these retail … Read more
