In the industry of cryptocurrency to rely on words more «experienced» investors simultaneously risky and rewarding. Some of their tips really can save and multiply your money, while others will cause full loss of Deposit. Today we will open the topic «bad advice» — the following are the three most common mistakes, which in any case should not be allowed in the niche cryptocurrency.
theNot every trader or investor believes in THAT. It is worth noting that technical analysis only works when a sufficient number of players in the market give it a special value. It's true, in most cases, the analysis of graphs of the coins with good liquidity gives a rather true than false.
History often repeats itself, especially in the economy. Cryptocurrencies are no exception to this rule, even though your «innovative» approach to the global financial system. Accordingly, the use THAT will give you a clear understanding of the current situation of the market. In any case, elemental analysis of 1-day charts at least helps to avoid purchases of cryptocurrency at its peak and sales are at the bottom.
theIn working with such volatile assets always need to take care of security measures. This is especially true for altcoins with small market capitalization, because they are often exposed to manipulation by whales. A game with excessive risk without the protection of his capital always leads to elimination from the market.
image Source — Wallpapers Wide
Stop-loss experienced traders rarely come into action, because they already have honed your trading strategy to perfection. Beginners this level is too tough — it remains to fill the cones from their own mistakes.
theRecently, the rule applies only to HODL the top 15 of coins of the stock market. They are very volatile, but at least have greater liquidity than other altcoins. They have potential and they can bring good interest in the future. Now look at your portfolio and think, who needs a useless coin with a dubious future?
image Source — Reddit
During the correction of 2018, the industry lost more than 600 billion market capitalization, and a «advanced projects» just turned to dust. Do not fall for their assets, make money. Don't forget to record your income during the next bullrun. And for God's sake, no need to buy Bitcoin for $ 100,000.
Information was prepared . But useful tips can be found in our .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
HTC released the first smartphone on the blockchain. You can buy only for cryptocurrencies
HTC is still trying to fight for a place in the market. Now the company has decided to climb on the hype and released a blockchain smartphone. Remarkably, you can buy it only or ETH. Model Exodus 1 integrated with bloccano and is ...
The expert described the main condition under which Bitcoin will rise to a million dollars
Director-General's recent Money Button Ryan X Charles has posted a video where he shared his views on the current situation . He explained that the real value of the coin – the development of the financial system, which will offer...
The moon to be: representatives VanEck stated that the conditions for approval for a Bitcoin ETF
In the case of the adoption of the cryptocurrency exchange traded Fund, there are new details. One of the companies whose application was rejected by the ETF to the SEC, initiated a meeting with representatives of the financial re...
Twitter blocked Elon musk after the mention of cryptocurrency. What's the matter?
Twitter mistakenly blocked the account Elon musk — the billionaire founder of SpaceX and Tesla offered to subscribers to buy bitcoins. He covertly offered to the subscriber to purchase in response to the question, how soon in the ...
Easier and faster to exchange bitcoin directly in your wallet best wallet
Last update hardware wallet Model T from best wallet includes the possibility of sharing crypt right in the interface. Now users do not need to withdraw coins from wallet to exchange to convert to another Aldon. The representative...
The Bank of Japan: digital currency from the Central Bank is not the best idea
According to the New York Times, the Deputy Governor of the Bank of Japan (BOJ) Masayoshi Amamiya confirmed a negative stance against digital currencies from Central Banks. Speaking at the meeting in Nagoya, Amamiya expressed doub...
Hacked cold storage Trade.io. Hackers stole 7.8 million dollars
According to the security service of the Swiss stock exchange Trade.io, the platform promised to attack on Sunday. It was about the wallet that was supposedly safely protected and stored tokens TIO. In the end, the vault of the ex...
When altcoins will come out of "hibernation" and will fly up? Response graphs
most of the altcoins are still unsuccessfully trying to resist growing pressure from the bears. And although the top coins like remain stable, the likelihood of a new wave drain is still high. From today's collections of coins the...
Co-founder of the Ethereum Foundation: cryptocurrencies are not on the verge of collapse
co-founder of the Ethereum Foundation Joe Lubin sees on the horizon a serious problem for crypto-currencies. Unlike other well-known experts that the collapse of the stock market almost every day, Lubin maintains an optimistic poi...
Analyst at CBOE: volatility of Bitcoin is lower than Amazon's stock
As a rule, parents and friends most of us have absolutely no clue cryptocurrency. If they will now accuse you of thoughtless spending money on some bitcoins, you can say that you have no extra money to the asset class with much gr...
Easier to nowhere: how to mine cryptocurrency in just one click for everyone
do Not want to sit in a hot room with a dinning farms? Have WinMiner has the right solution. The service uses a sophisticated algorithm to maximize the effective use of the PC in the extraction of crypto currencies. From the user ...
Level complete: players Call of Duty has stolen cryptocurrency $ 3 million
US officials suspect a group of players Call of Duty in the organisation of the theft of more than $ 3 million in the cryptocurrency. Presumably, the fraudsters hacked cryptocurrency wallets after obtaining access to the mobile ph...
The blockchain will follow gold throughout the world. When will it start?
Ethical sources of supply in the sector of precious metals is becoming a decisive factor. With the reduction in gold reserves and shortages their significance is perhaps to grow. The ability to track the gold bars from the origin ...
Here? Parent company NYSE revealed the date of launch Bitcoin futures platform Bakkt
the Intercontinental Exchange (ICE) announced the date of launch of futures on Bitcoin () on its platform Bakkt. She developed in collaboration with Microsoft, Starbucks and BCG. Recall that the Corporation belongs to the new York...
Right: where is the best place to short Ripple
the Last 10 months, the stock market gives traders only one reason — to play in shorts. Try to look for the bottom to open long positions now can be very dangerous for your Deposit. However, bears also don't live long. As practice...
The Ethereum still not growing, what's next? Response graphs
If you came back from vacation or just didn't look at the charts the last few days, don't worry — Ethereum is still trading at the same levels. Just below is extremely important the support line is still located below the abyss, w...
To the moon: when the Ripple will grow to a new high?
the Ripple is in the midst of the season of lucrative partnerships and deals. Recently, the cryptocurrency has become a part between the gates Foundation and a firm Coil. The project also successfully survived important updates xR...
U.S. District judge Robert Scola sentenced 36-year-old Gala Vallerius to 20 years in prison. On the drug market, Dream Market on the darknet convict known by the nickname Oxymonster. He was convicted of money laundering and the dr...
Comments (0)
This article has no comment, be the first!