Here are some helpful tips to get you started in Cryptocurrency World ...
Where to Trade
- Bitfinex.com
- Bittrex.com
- Kraken.com
- OKCoin.com
- Poloniex.com
Websites for Charting - BitcoinWisdom.com
- CryptoWat.ch
- TradeBlock.com
- TradingView.com
Training YouTube Videos - https://youtu.be/oFB2zt2bYtc
- https://www.youtube.com/watch?v=e4KtUKP82mM
- https://www.youtube.com/watch?v=hyELHtxTp7I
- https://www.youtube.com/user/carpenoctom/videos
You will see these words on Crypto Groups and Chats .. So you should know what is that mean - BEAR/BEARISH = Price negative
- BULL/BULLISH = Price positive
- DILDO = Large green or red candle
- DYOR = Do Your Own Research
- FOMO = Fear Of Missing Out
- FUD = Fear Uncertainty & Doubt
- HODL = Holding a position
- JOMO = Joy Of Missing Out
- LONG = Margin bull position
- MOON = Price will explode up
- OTC = Over The Counter
- SAJ CANDLE = Huge green candle
- SHORT = Margin bear position
- REKT = Had a bad loss
- REVERSE INDICATOR = Someone who is always wrong predicting price movements
Handy Websites - Bitinfocharts.com
- Coinmarketcap.com
- CoinWarz.com
Trading Communities - BabyPips.com (Trading Training)
- BitcoinTalk.org (Forum)
- TradingView.com (Webchat)
Security - Use 2FA on all accounts
- Add pin only access to your mobile phone provider
- 2FA on all e-mail accounts
- Enable 2FA on withdrawals and trades if possible
Information: Trading on others advice is the best way to lose money .. Yes there are respected names in the industry but even they get it wrong .. If you are new .. It's best to paper trade (Trade without Real Money) if you can prove you make money consistently for 6 months .. Then you are ready to trade with real money .. Margin trading is for people who know what they are doing .. If you don't .. It's the quickest money you will ever lose ...
Warning - Cloud mining sites are largely scams
- Pump & Dump groups are scams
- All HYIP's & MLM's are scams .. Don't make money out of scamming others .. Learn to trade
.. These can easily be malicious
Thank you for reading this and I hope it was useful! If you would like me to write more posts like this or posts specifically to meet your needs, would you please upvote this post and/or provide comments here with suggestions for future posts because our generous rewards here motivate me ..