Tip: Litecoin and XRP offer quick speeds when transferring funds from the exchange to a separate wallet address. Its price can shift significantly and suddenly — and since the bitcoin market operates around the clock, this is liable to happen any time of day. Or minute. You will then be required to enter the purchase amount of the desired cryptocurrency and whether you will be paying with the US dollar or euro.
Watch Next
If you took a chance on bitcoin early onjust a few years ago, your investment could have paid off in a big way. This estimate does not include any additional fees or transactional costs. If you were smart, or lucky, enough to invest even earlier, inyou could be tarding the company of the Winklevoss twins, who are reported xo be the first bitcoin billionaires. As bitcoin has gone more mainstream, some trrading the biggest names in finance are weighing in. Fundstrat’s Tom Lee and value investor Bill Miller have embraced the trend. But even with many success stories surrounding bitcoin investments, seasoned investors are voicing caution. Legendary investor and index fund mogul Jack Bogle, at a recent Council on Foreign Relations event, told the audience, «.
Why Bitcoin is Gaining Traction
First down, then up, then down again and then up?? Did You See It? What Just Happened? Whales, guys! One of the biggest advantages of being a whale, is also their disadvantage.
Get the Latest from CoinDesk
First down, then up, then down again and then up?? Did You See It? What Just Happened? Whales, guys! One of the biggest advantages of being a whale, is also their disadvantage. Its obviously way easier to double your money if you start with bucks. Because the whale has a lot of money, they also need other traders collectively in the market with a lot of money, otherwise there will be no trade. That is not always easy — and its not at every price point people want to trade. And THAT, guys, is also why Whales always try to steer the market in a direction with high liquidity.
They will try to liquidate you, or make you hit your Stop Loss because it will work as a sell or a buy, which will move the price in their desired direction. How Whales Stop Hunt? The most efficient way to liquidate people — both shorts and longs at the same time — is to make a sudden move first in one direction through a key price point for instance 8, USDand THEN back again through the same price point.
Why Is That? The reason is simple — look at my chart. And itts about the Stop Loss? Yes, we typically put that on the opposite side of the resistance or support price point. Short Squeeze Party The way our family made money on was just by ho with the whales. I had figured out their plan. Due to the Disproportion between Ots and Longs, the whales decided just buy up big, and make huge buy walls to induce the normal traders, and then just continue again and again, so we went all they way from 5k to 8,4k.
Watch out for Key Levels as 8k Hage we hoa hugeliquidity, and the whales will try again and again to stop hunt espeically in this area, because its easy for them to make money on. Use it as an advantage I have been studying psychology — I have been National Master in Chess and been a pro pokerplayer, so I have a pretty high interpersonal intelligence, which makes it pretty easy for me to figure out, what, why and how the Whales want to play, and what they are thinking.
When Im doing my TA, I always put the Whale mindset into my equation before I weigh all the information I have about the market, and then choose a direction! And it happend. May They are trsding majoriy. And here comes it. Thats how they operate — and thats why I think we will go down! Cause bears need to close that gap ASAP.
But Bulls will not allow it. Our Family track all our trades so we know how it is. And I appreciate honesty. So when Im wrong I will also tell you. And Unfortunately the Whales fooled me this time — I told you about the risk due to the massive Bow Momentum. We couldnt close the gap on the right shoulder, which I showed you yesterday. And I think if i have bitcoin how do i know its trading whales have acknowledged that this Bull Train is unstoppable at the moment.
So instead of going down first and then up, they chose the easiest route which was just straight up and the Shorts got hit. I have illustrated for you with my blue line how an optimal whale strategy is around key levels.
And when you see the price movement you can also see, how often we actually go back and forward. So guys do me 2 favors. Be careful when you are trading in this toxic area. And be cautious with leverage. Cause the Whales really want to eat you. So, can you update this Click Play now You were Wrong here!! Tks, and this is my chart. Thanks for your insights! Funny, he if i have bitcoin how do i know its trading me to sue me for defamation and confirm in the same that he is posting to gain subscribers.
Poor man, before I just thought he was a bad TA. Now I know he is also something. Lilalisa ChartsOnTime. ChartsOnTimeuhhhhh, thats interesting. Bye bye, Mr. ChartsOnTime Lilalisa. What a loser. The whales can only steal your money if you sell. So if they did it 35 times, it’s you being so dumb to have sold 35 times at loss to. If the future is really bright, just wait until it climbes above your purchase price. It does not really matter if you wait 3 days, 3 months or 3 years.
Just be patient and don’t sell at loss. Warren Buffet’s Rule No. Rule No. By the close today we will have a very good understanding of what the future will mostly hage look like.
In fact, check out how much the top 5 exchanges ranked according to transaction volume in the last 24 hours measure up:. Table of Contents Expand. This makes it ideal for long-term investors who want to hodl on to their cryptocurrency. Treasury Bonds. Bitcoin Trading. All the exchanges mentioned above bitcoi let you sell bitcoin as. Bitbuy is a Canadian owned and operated digital currency platform. To close your position, you simply place the reverse of your original trade. Here are a few tips for creating a plan: Set out if i have bitcoin how do i know its trading you ite to achieve from your trading, lts down into short and long-term goals Decide your acceptable risk from each trade, as well as how much you are willing to risk overall Pick a risk-reward ratio, so you know how much potential profit you need to tgading your potential loss Choose which markets you want to trade. What is the bitcoin ticker symbol? Whenever a breaking story surfaces, Bitcoin starts to fluctuate and traders have the opportunity to cash in. Investing in bitcoin is no joke, and securing your investment should be your top priority. Signing up The first step in using any cryptocurrency exchange is signing up and getting your account activated. Wire deposits will require you to contact your approved bank on file and have funds sent to Gemini.
Comments
Post a Comment