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Bitcoin (Cryptocurrency)

Market Psychology and Market TopsSuccessful traders are cognizant of the three phases of a market cycle, namely accumulation, public participation, and distribution. The first stage of a bull run is the accumulation phase – this is where the smart money is buying. After a large, long-term sell off, the market bottoms out and it starts moving sideways. This is when the successful investors buy. They recognize that the stocks or cryptos are on sale and it is time to buy. Successful traders are patient and don´t mind sitting on the sideline waiting for the right opportunity. They know it is impossible and dangerous to “chase the market.” They buy when the risk is low and the chance of future advance is very high. Baron Rothchild once said, “The time to buy is when there´s blood in the streets.” Unsuccessful traders get in when the market already has been advancing and the risk/reward ratio is not in their favor. They are greedy, ignorant, and most importantly: easily influenced by what they read and see in the media and on youtube. Rather than doing what is hard and necessary for long-term success, they are attracted to “get rich quick schemes” and alleged trading gurus. A quick check on YouTube reveals the following headlines: “EXTREME BITCOIN BREAKOUT IN LESS THAN 24 HOURS!!!!!!!!” “WHY Bitcoin Will Succeed And Make You Rich” “BITCOIN GOING TO $100,000 IN 2021, BUY NOW BEFORE IT'S TOO LATE!” “LAST CHANCE TO BUY BITCOIN UNDER $20,000! “ “NEW BITCOIN DATA: Bitcoin Following A Path To $100,000 ” “99.9% CHANCE BITCOIN GOES TO $1,000,000!!” “$350k BITCOIN IN 2021? ALTCOINS LIKE CARDANO & LITECOIN ON THEIR WAY TO $1 TRILLION MARKET CAP?” Smart money isn´t influenced by such hype, hysteria, and improbable predictions. It is also significant that the producers of these videos more often than not are trying to sell various products to the watchers and use obvious click-bate and deceptive titles to attract viewers, indicating that trading does not generate enough revenue for them. The next phase is the public participation phase. When it starts you want to be in the market. This is when the market advances. At this time, optimism begins to grow. Pessimism is at its lowest at around the accumulation phase. The last phase is the distribution phase. This is when smart money starts selling while the greedy, uninformed novices hold or buy and believe the stock or crypto will go to “the moon.” Optimism is at its highest at this point. A market top can roughly be predicted by gauging the hysteria vs. pessimism of a particular market. In regard to bitcoin, we see obvious signs of extreme optimism. This is a strong indication that the market has reached its apex or at least is very close to it. A market top is furthermore characterized by a decline in volume, a lack of momentum to push prices higher, sideways action, and higher selling than buying volume; the stock or crypto starts moving sideways and eventually “roll over.” My conclusion is simple: It is extremely unlikely that smart money is buying now – they are prepared to sell or is already selling. Buying now is extremely risky - bitcoin has increased from about $3800 to $20,000 in a short period of time, hysteria is evident, and the market has started to move sideways. Most likely, we are watching a market top and a sharp decline will soon happen.
BITSTAMP:BTCUSDEducation
by korsgaard
2
How to Invest in CRYPTOThis is our guide to investing into the CryptoCurrency Market. 1) Bitcoin Runs the show 2) Top Alt coins will produce massive gains if Bitcoin continues bullish momentum - Focus on the best ones with partnerships / tech / adoption / relevance 3) 99.9% of Cryptos will fail - A small few will see historic price action - Do your own due diligence 2) Dollar cost average into the dips (Highlighted in green) 3) Do not buy near the all time highs & be cautious selling too soon before a potential bull run 4) Take profit at appropriate levels and re-enter when appropriate. Look for Price / Technical analysis confirmations 5) Crypto is a high-risk investment class - treat it that way and do not invest your entire wealth. 6) This market is run by fear / greed / news 7) Do not be scared of high volatility 8) Day trading can be done but preferably on a separate smaller forex account with leverage. 9) Everyone is a Crypto expert in a bull run 10) Ask yourself if you would have been better off just holding or are you really making profits trading? 11) If Bitcoin goes to 100k will you care if bitcoin drops from 19k to 12k? We believe Crypto Currencies will continue to rise in the future & we will continue to take profit at the next ATH and re-enter when is appropriate. This market will make a few rich while others will be crushed. If you believe in Crypto in the future - Buy and HODL. We entered: XRP @ .19c - .3c - .4c ETH @ $100 - $200 - $400 BTC @ 4k - 6k - 8k - 10k Also entered other small CryptoCurrencies. *Currently we are not entering any more positions.
COINBASE:BTCUSDEducation
by GlobalHealthWealth
2
EDUCATION: Moving Average Support LineHello, dear subscribers! Today we examine another one support line type - moving average support. Definition Moving average support line is one of the advanced types support lines. It based on price moving average for any period which can be chosen for every particular case. MA helps to define the trend direction at current moment. If the price closed above the MA for at least ten candlesticks in a row we can identify this situation as uptrend. How to trade with MA support? Because the uptrend is identified we cam use the MA and price crossing points as entry points. In our case, when (1), (2) and (3) occurs, the next points from (4) to breakpoint can be used to enter the position. In case of success we will see the price touched and bounced off the MA. In opposite, the price break the MA line down, but the stoploss usage can help to eliminate huge losses. Summary 1)To identify the uptrend when the price closed above the MA 10 times in row 2)To entry the position when the price touched the MA 3)Fix the profit with it's bounce off the MA 4)Set the stoploss to eliminate the losses in case of sharp price decline
Education
by Skyrexio
#Bitcoin Dominance Mid-Term Analysis using VPVR IndicatorHello there ladies and gentlemen , BulloTaurus here with some Educational Bitcoin Dominance Chart Analysis. For the past months we had an amazing bull run so far! Bitcoin broke all previous resistances like there were none of them! We still didn't saw a massive volume spike on exchanges, mostly because this time we have Institutional Investors join the game that have their own private offers to buy bitcoin what doesn't always show on graphs. Thanks to VPVR ( Volume Profile Visible Range) indicator that is available only in Premium Plan from TradingView, i can show you something very important again. We can see that at 67% we have a huge demand zone, this is illustrated perfectly thanks to VPVR. VPVR displays trading activity over a specified period and plots a histogram on the chart which reveals dominant and significant price levels based on volume and in essence gives a clear indication of Supply or demand at a certain price rather than volume in a certain period. Traders that use this indicator try to use it as a support or resistance confirmation. Based on previous HVN (±64%) we might have a dip up to 60% in the next following weeks. HVN = High Volume Nodes or HVN are represented as peaks of volume on VPVR indicator, they usually mean that there was a lot of demand in the market at a specific price. These Nodes form when price spends a great amount of time at a certain price level, usually as a consolidation. If the price leaves the HVN, like we have right now on CRYPTOCAP:BTC.D chart, we might see the drop that i explained earlier, basically like losing the resistance. Conclusion Volume Profile Visible Range is used frequently by professional traders, CRYPTOCAP:BTC.D might not be the best example of how this indicator might work to show all its potential. Personally i expect a dip in Bitcoin Dominance Chart, holiday season might also contribute to this short-mid term down movement. Trade wisely and don't forget risk management and setting your stop-loss. I will keep updating this Educational Material with fresh examples and show its full potential. Peace.
CRYPTOCAP:BTC.DEducation
by BulloTaurus
2
EDUCATION: Trend Support LineHello, dear subscribers! Yesterday we considered the simple support line. Today we continue to examine support types. Definition Trend support line occurs where the price is in the uptrend and is formed by the lows on the candlestick chart. Next to this line the price is likely to bounce off it because the demand/supply imbalance. How to trade with trend support? When we can draw line which connects 3 lows (1,2 and 3 points), the next lows which are lying on this line can be the properly entry points. Also we need to take a stop loss to eliminate the significant price decline effects. According to the chart this strategy would bring profit at points (4), (5), (6), (7) and (8). The first loss would be at the breakpoint (B), but the stoploss level reduce it. Summary 1)To define the support line by three points 2)To enter the position next to the line 3)To fix profit in case of success 4)To fix a small loss with the stoploss setup in case of support breakout
Education
by Skyrexio
EDUCATION: Simple Support LineHello, dear subscribers! Today we start our Educational series. We are going to public some elements of technical analysis every day. Definition The support level is the level which is likely not to be broken down by the price. It is a high probability of the bounce off this level. It occurs because when the price decreases, the demand is rising and the supply is decreasing. As a result the higher demand push the price up. How to trade with support We can get into the position on the support line level. For example, at the point (D) we already know that blue line is support (because of points (A) and (B). Also we have to use the stop loss level, if the price will substantially break this level down. If the price broke down the blue support (G), we can wait the yellow line price level to enter the position (3). It is also widely known that the price is likely to return back to the previous support (H) Summary 1)To define several support levels 2)To get into position on the first one 3)To fix a profit in case of price bounce 4)To fix small stop loss in case of huge breakdown 5)To buy again at the lower support. It is very effective strategy but there are a lot of cases, when support level definition is impossible.
Education
by Skyrexio
Learn how to create a setup using 5 price action itemsToday we will learn how to create a full setup using 5 Price Action items. This process will be made on the 1H chart and is extremely useful for Swing setups. However, the logic can be applied in any timeframe. This can also be applied to any direction today; we will work with a short setup, but it is the same for a long setup. 1) Daily Resistance zone: If we are working on the 1H chart and the price is about to face a Daily Resistance zone, we should expect a reaction there; WHY? Because The higher the timeframe of a level, the stronger it is, and we should be ready for a reaction there. This should be the first filter to use: The price is about to face a higher degree zone. 2)Define the minor support and resistances of the current trend: If we are waiting for a reaction on the Daily Resistance zone, it is essential to understand the levels we have on the current trend. WHY? Because we will use them to define the next target and the Corrective structure's location to trade. 3)Wait for the breakout of a relevant trendline: In this case, we want to see the price breaking the Ascending trendline; WHY? Because that would be a signal that the Reversal movement on the Daily level is going as expected. The breakout of the Ascending trendline is a key element: Know the conditions are optimal to start thinking on a short setup. 4) Wait for a corrective Structure on the minor Support zone: Corrective Structures are ABC or ABCDE patterns. You should be able to draw edges on that sideways movement. You can define that is ready when you have something like the example you see on the chart. 5) Now, everything is aligned to develop a setup. Your bearish idea is supported with all the previous 4 items; only at that moment you can say I will create a short setup. Define your entry-level below the structure or below "B, set your stop above "C". Define your Target on the next minor support/resistance zone. Pay attention to the risk-reward ratio you have; only take setups with a R/R ratio higher than 1.5 Thanks for reading! We hope this Template can help you with your trading.
BITSTAMP:BTCUSDEducation
by ThinkingAntsOk
3
Advanced Tradingview CalculationsThis is a tutorial on how to get the most out of Tradingview by using advanced price calculations. The focus will be on crypto, and more specifically bitcoin. Nevertheless these tricks can be applied to other assets as well. Let's say you want to look at the current bitcoin price. The problem is that there are a lot of different exchanges and they all have different prices. Sure they're all around the same price level, but there's still a difference. So it would be quite useful if we could just look at an average price of all the most relevant markets. Here's how you can make that happen... Average price calculation First you click on the ticker on the top left, which will open the ticker tab. Open the parenthesis by typing: "(". Next you look for the markets you're interested in. In the example on the chart (bottom left line chart) I made an average for Coinbase, Bitstamp, Bitfinex and Binance. So you start typing "BTCUSD" and then with the up/down arrow keys on your keyboard you can select the exchanges you want. Each time you select an exchange you type: "+". Then type "BTCUSD" again and select another exchange. The binance pair is versus USDT instead of USD. So to easily find that market type "BTCUSDT". Once you're done selecting markets you close the parenthesis and divide the whole thing by the amount of markets you've chosen. In my example I took 4 markets so I divided it by 4. Finally press enter. Now you have a price chart that's an average of all the markets you selected. Converted currency price chart On the top left you see a red line chart. This is the Bitflyer spot market. There's an issue though, it's a Japanese Yen pair. I would like to be able to compare it to USD markets. So let's convert it and make a price chart with USD values. Just like last time, open the ticker tab. Look for "BTCJPY" and select the Bitflyer market. Now type "*". We're going to multiply it with a forex pair. Type "JPYUSD" and select a forex pair. When that's done you press enter and your price chart will be in USD instead of JPY! Making ratio's There's so much possible with these types of calculations, but I'll share one more trick to give you some inspiration. Let's compare certain markets with each other and create ratios. To the chart on the right you can see in green a ratio of some of the top USD markets in relation to the top USDT markets. This way we can see which markets have a premium or a discount. It always starts the same way: open the ticker tab. First open the parenthesis: "(". Just like with the average price calculation you're going to select a few USD markets of your liking. I used Coinbase, Bitstamp and Bitfinex for this example. Don't forget to type "+" in between each market. Then close the parenthesis and divide the selected USD markets by 3 (because I'm using 3 markets here). Now type "-" and open the parenthesis again. We're going to add a few USDT markets just like we did for USD. I used Binance, Huobi and Poloniex. Again close the parenthesis and divide by 3. And finally press enter of course. The price chart will be replaced by the ratio and it'll look kind of messy. Let's make it look like a nice indicator. You can do this by clicking on the "compare" button and doing the entire calculation there. It'll add a big fat orange line on top of your price chart. By clicking on the three dots you can click on "new pane below". Then go to the style settings and change it to your liking. I made it green and decided to use a line chart with markers. Looks pretty nice. Interesting ratio too... The blue ratio on the top of the chart is a simple Coinbase/Bitfinex comparison. Click the "compare" button again and type the following formula: COINBASE:BTCUSD-BITFINEX:BTCUSD This way you can see which exchange is more bullish/bearish. That's all I have for you today. Hopefully you found it interesting.
COINBASE:BTCUSDEducation
by UnknownUnicorn2188849
23
📚 Learn More 💰 Earn More with us: FLAG = Impulse + CorrectionFLAG = Impulse + Correction 📚 LEARN MORE 💰 EARN MORE With ForecastCity After a significant drop in Bitcoin price , the price is in a correction wave. What makes the chart interesting today is that: . Bitcoin is likely to challenge the 18042 ~ 18227 resistance area. . A break above 18227 could push the pair to the 19487 area . . A resistance rejection , however could lead to another retest of the lower supports. Will the Bitcoin see a rejection from the resistance area or an upside breakout? No one knows it! We have to wait and see! ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:BTCUSDEducation
by ForecastCity
25
Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal. . This illustrates that the downward trend is coming to an end . . When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal . . The pattern is confirmed once the price breaches the neckline resistance . In this example, we can easily see the head and shoulders pattern. How to Trade the Head and Shoulders Pattern: ENTRY: we put an entry order below the neckline. TARGET: We can also calculate a target by measuring the high point of the head to the neckline. This distance is approximately how far the price will move after it breaks the neckline. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Education
by ForecastCity
25
Head and Shoulders - "Learn More Earn More" with usInverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal. . This illustrates that the downward trend is coming to an end . . When a Head and Shoulders formation is seen in an downtrend, it signifies a major reversal . . The pattern is confirmed once the price breaches the neckline resistance . In this example, we can easily see the head and shoulders pattern. How to Trade the Head and Shoulders Pattern: ENTRY: we put an entry order below the neckline. TARGET: We can also calculate a target by measuring the high point of the head to the neckline. This distance is approximately how far the price will move after it breaks the neckline. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Education
by ForecastCity
25
Update with examples of the BBK SqueezeBITFINEX:BTCUSD is starting to show another squeeze on the 30m timeframe as price begins to consolidate. There was a great trade on the 30m using the indicator over the weekend. I also look at where another BBK Squeeze took price from the 11000 levels on the swing trading timeframe a few weeks ago. If you are patient and wait for the BBK Squeeze to filter out the noise you can find some great potential breakouts! DM me or comment for more info...
BITFINEX:BTCUSDEducation
by norok
Learning to trade the Head And Shoulders Pattern with Bitcoin.The Head & Shoulders Pattern & Inverse Head & Shoulders Patterns are quite common on Bitcoin and have had great results on the higher timeframe charts. Here are the main characteristics: • VOLUME MIMICS PATTERN • 3 PEAKS, LEFT & RIGHT SIMILAR HEIGHT • TRIANGULAR IN APPEARANCE • FOUND AFTER UPTREND • HIGH SUCCESS RATE • CAN BE SLANTED Price forms 3 distinct peaks after a strong uptrend, the left and right peak should have a similar height (shoulders), the middle peak (head) has to be the highest or this can not be a HS pattern. They should seem triangular in appearance but as long as it fits the main characteristics can still be a valid pattern. The right shoulder should form a lower high which is a early sign of trend change, this is entry A, with entry B being the bearish retest of of the “neckline” (marked on chart #2). The idea is to gain an early entry on the pattern at point A to maximise profits and reduce risk. Once price moves above the middle "peak" it is likely that the pattern is not valid anymore so this allows us to get a tight stop loss upon entry. We measure the height of the pattern and add it to the breakout level for a maximum possible price target. Volume should also paint the same pattern with the 3 peaks, strong volume on breakout increases success rate. In this example on Bitcoin earlier this year it played out perfectly, hitting target, when having another great short opportunity on the Bearish Retest. A bearish retest is just a Support & Resistance flip off the pattern breakout level. After the pattern played out we also saw one more great opportunity with General Pattern failure. What is General Pattern Failure? General Pattern Failure occurs when a chart pattern breaks out, fails to hit target, quickly reverses then rejects off that same breakout level back inside the pattern continuing in the opposite direction of the breakout. Pictured above in the original post is a normal breakout on a Head And Shoulders Pattern while the lower example shows General Pattern Failure on the same pattern. Note how the first example has a Bearish Retest (B) while the second example is coming back inside that area and finding support for a potential long setup. (The below chart is the above example continued) General pattern failure can also be considered a Liquidity Grab or can be referred to as a “Fake Out” also when it happens more rapidly after the original pattern breakout. Learning to trade patterns such as these can provide great opportunities if you understand price action and how to identify the key areas of the pattern that other traders and investors may be focusing on too, these areas become important psychological levels on the chart.
Education
by Worth_The_Ri5k
Market Cycles: How to Overcome the Fear of Missing Out (FOMO)In this post, I'll be providing an educational post on the cryptocurrency's market cycle, and how to overcome the fear of missing out, also known as fomo. It's important to understand that the cryptocurrency market has very clear market cycles. In order to profit in the cryptocurrency market, it's important to think like a whale . 1. To begin with, whales keep their assets in the form of fiat, or tether (USDT) before the beginning of a market cycle 2. Whales buy Bitcoin with their cash at hand, and this is when we see Bitcoin rally alone 3. Since Bitcoin is the only cryptocurrency to rally, Bitcoin dominance soars up along with Bitcoin's price 4. However, the market trend soon changes as the whales, who have profited from Bitcoin, move onto large cap altcoins 5. These are our typical altcoins at the top 20 in terms of market cap 6. After these coins rally, capital then flows into the undervalued coins with a much smaller market cap 7. Because there isn't enough liquidity, these less popular coins tend to break out the hardest, and demonstrate immense risk 8. After whales profit from small cap alts, it's time to convert their assets back to Bitcoin 9. This process is repeated during a bull run, and ultimately converted to fiat in a bear trend. So, what are we currently seeing in the market today? Bitcoin - For Bitcoin, we are seeing a textbook bearish divergence - In my previous analysis, I have provided consistent updates, in which the divergences I have spotted, both bullish and bearish, have played out perfectly. - You can check the previous analysis above. - As such, it's reasonable to expect this divergence on the longer time frame to play out as well - The higher highs on the price, and lower highs on the Relative Strength Index (RSI) is extremely concerning - The Moving Average Convergence Divergence (MACD) also demonstrates decreasing bullish histograms, with a potential death cross in play Does that mean we have missed the train? While Bitcoin may be done for the short term (since the uptrend is still intact, and we are seeing higher lows and higher highs on the longer time frames), but there are opportunities to be spotted in the cryptocurrency market. Ethereum - Ethereum has been consolidating for a while on the weekly, and has been inactive on the daily - The Ethereum 2.0 Countdown just recently began, providing bullish stimulus for prices - Based on the market cycle theory explained above, Bitcoin's short term bearish signals suggests an opportunity for Ethereum to break out - Considering that Bitcoin dominance is trading within a downtrend over the long term, we could expect price action from Ethereum in the coming days - For my analysis on ETH's long term price action, check my previous analysis below: Conclusion In summary, seeing everyone else make money while you sit on a pile of cash, might be frustrating mentally. But as I always emphasize, trading is a psychological game. Successful traders have a good understanding of the market psychology and cycles. As such, capitalizing on trading opportunities require a combination of proper knowledge and patience. There will always be opportunities, regardless of the market situation, as beauty is in the eye of the beholder.
BITSTAMP:BTCUSDEducation
by Michael_Wang_Official
35
And the wind blew, the earth split and it appeared ...The birth of BTC pumpkin. One dark dark evening, in a terrible 2017, when huge incomes of investors drove them to euphoric blood-strokes, it was born... Vegetable electronic evil , the king of margin calls, garden crypto ganster - BTC pumpkin. With the right hand, it weakens the growing trend , and with the left hand it attracts with overbought stochastics, bear patterns and low volumes of bold sellers in the position ...and vice versa... And no one knows peace from it for 3 years! BTC Pumpkin's worst weapon is its mood. The bipolar disorder of this vitamin monster changes the mood every six months . Will we see a new wave of BTC Pumpkin bad mood? What is more terrifying, grater, blender or saw? Today is the day when the crypto pumpkin knocks on the deposit house of every investor and says "treat or margin call?" We hope you love sweets! Can the BTC market free itself from the Pumpkin shackles? It remains to wait only six months... P.S. Drug use is bad for your health and hampers your trading.
BITFINEX:BTCUSDEducation
by P_S_trade
7
How to accumulate cryptocurrency for the next bull rally 2021?In this special analysis. I want to give you a knowledge that you can to support it. Remember, in my latest special session, I talk about my top 8 cryptocurrency to invest on 2021, and including Gold and Silver as assets to invest to fill 10 assets to invest on 2021 That it's a great question for you!!! Now, I want to show you 2 brokers that I use to work it: 1. My first broker is called PRIME XBT. it's a broker that you can to trade Forex, commodities, stock market, indices, and include cryptocurrency. The deposit it's making in Bitcoin. Now, I use this broker just to take passive income on Bitcoin from long-term and also, to accumulate Bitcoin as my objective principal. I reccomend to prove PRIME XBT, trade Forex, commodities or cryptocurrency. So, the form that I accumulate BItocin is just find up 15% weekly, each weekly my objective is to find up 15% weekly. I calculate it with a paper that I use and created to take notes in my trading operations, and then, it's my own formula to evaluate my own results. forex21.com I reccomend to link up in this link, it's a calculator that you can to see an compoiunt interest. For example: Imagine that you started with $50 USD. So, you put $50 as your capital, then you percentage by weekly is 15%, remember that this calculator the percent is by month, if you want you can to put manually the weekly number that is 48 weekly = 1 year. So you put 48 weekly on the number of months and then, you will need to push calculate and they hsow you a charr of compount interest to how to evaluate your own strategy consistent to become rentable in trading. If you like, be createvie, not neccesary you would need to find up 15% weekly, you can to put 10%, 15% or 20% weekly, but more important is to know your risk management + capital management. So guys, I don't have any quantity to accumulate Bitcoin. I can to accumulate Bitcoin how much times i want to accumulate Bitcoin just trade Forex, commodities, cryptocurrency, stock market or indices in Prime XBT. My second broker is Phemex. It's a cryptobroker that i can to trade BItcoin, altcoins and Gold. I use this broker just to accumulate my favorrite altcoins that are: Cardano, Chainlink, Ethereum, Neo, ICON, Zcash and Tezos. So, let's me show you some strategic to acccumulate altcoins. The strategy t oacumulate altcoins: 1. You can to trade altcoins just open up each account funding in Bitcoin to accumulate each altcoins as aims. For example: an account for Ethereum, an account for Cardano, an account for Chainlink to each account accumulate altcoins independent of what quantity you want to accumulate. 2. You can to chose each quantity of money making trading to find up, for example: $1,000 for Cardano, $1,000 for Ethereum and $1,000 or Chainlink. I believe that this strategy it's very good to build a crypto-portfolio or altcoins-portfolio. But remember, your rule is to have Bitcoin as the top # 1 to accumulate a lot Bitcoin throughout of the time. And I believe that is rentable to have this portfolio of altcoins. But it's depend of how many altcoins you want to invest. I have 7 altcoins: So, each portfolio will be $1,000 USD, so $1,000 USD x 7 altcoins it's a altcoins's value on $7,000 USD. And $7,000 USD in altcoins it's good, very very good!!! If your goal is to open up each account to accumulate altcoins. You can to get it!!! 3. One of the excellent strategy is just to find up each quantity of assets. For example: 25 Ethereum. Yeah, 25 Ethereum it's good, but in the long-term Ethereum growing up and you can't to find up 25 Etherem, imagine that, 25 Ethereum today it's $9,600 USD, but in 78 days 25 Ethereum it's have a value of $!5,000 USD to find up. So, you should need to find up $15,000 USD to accumulate 25 Ethereum in your portoflio later of 78 days after that Ethereum up the price. The same pass with altcoins. But the most interstin it's the following, the theme of volatile in the cryptocurrency and that allow to accumulate more altcoins when cryptocurrency droppring. But, this strategy sound good, but some implications. What is the best solution to accumulate cryptocurrency? I believe that the best solution to accumulate cryptocurrenc it's just to count on US Dollar how much you want to invest in Bitcoin, but for that, you should need tofind up how much money you want to invest in each altcoins. The second option it's the best when I mentioned the $1,000 USD for each altcoins, and an altcoins portfolio value on $7,000 USD. But that is the example. But, you can to make the following: 1. Not neccesary you need to find up $1,000 USD for each altcoins. You can to make it. But, if you don't have a top cryptocurrency to invest, it's very hard to know your favorites project, and it's very reccomend to know your own project tha tyou want to invest. For example: in the case on Bitcoin, I don't have any limit to find up how many Bitcoin I want to accumulate, I can to accumulate a lot Bitcoin how many times I want make it. But, in this case, altocins are not future of the money, altcoins are investmenet that can to resolve all issues in the world and they're solution of the problems. My second favorite cryptocurrency is Cardano, following of Chainlink, and Ethereum. So, I believe a lot in Cardano because Cardano have future in long-term. So, for that reason, my own goal is to find up 1,000 USD in Cardano to invest it. So, as I starting with $100 USD, my goal is to find up $1,000 USD in Cardano, and then the same with Chainlink $1,000 USD and Ethereum $1,000 USD open up each account in trading. But not neccesary, as Cardano if my favorite crypto, I can to large to find up maybe $5,000 USD, then in Chainlink could be $4,000 USD, and following with your latest top 8 on cryptocurrency. And finally, one of the best strategy to accumulate Gold and Silver it;s just to take out $1,000 USD to jnvest in Gold and $1,000 USD in Silver and then, open up an account for each commoditie assets. And also, I know that there's traders that manage a big account of trading that they're take out money toinvest in market, Imagine a trader that have $90,000 USD in their trading account and they're earn 10% weekly. So, that it's 9,000 USD And yes, $9,000 USD that is a great to invest in what they want wether it's stock market, gold, silver or commoditie. But to achived this quantity, we would need to be consistent and patient if you want to earn a lot money, but for that, we would need to work hard, help people and more. So, as they're a lot people that starting investin in this thing, included me that I have near of 3 years that I know Bitcoin and cryptocurrency. The best strategy it's prove to find up $1,000 USD for each altcoins to have an altcoins portfolio value on $7,000 USD. So, that mean to open up ech account for altcoins and to achived to find up $1,000 USD for each 7 altcoins to ill $7,000 USD in altcins. That is an excellent strategy. Imagine that in 2 or 3 years your altcoins portolio grow up over 1,000% for the next bull cycle in cryptocurrency. That could be a profit of $77,000 USD. So that $77,000 USD could represent in the future your altcoin's portolio value throughout of the time. And that could be a good for you if you're amateur. So, my own reccomendation is to trying and prove to find up $1,000 USD for each altcoins that you want to invest. And that strategy could be secure to reserve your own financial freedom.But not neccesary, imagine that your altcoin portfolio growing up over 4,000% of re-valuelization. So, the best strategy it's to find up $1,000 USD for each altcoin. And the case for Bitcoin, I don't have any quantity, but my goal is simple, just find up 15% weekly consistent and patience. And also, you can to add more value of money in your top altocins as Cardano, for example: all altcoin with $1,000 USD except Cardano that I want to put $3,000 USD in my portfolio in this crypto if I see large future for this crypto. That could be a good if you have as any cryptocurrenc so favorite. So guys, this is it my own strategy to accumulate altocins, Bitcoin and Gold. But if you work consistent and patience, you achieved your dreams and your goal. Good night!!! If you have any question, please respoing here!!! And if you want to check my top 8 crypto, please link below in the link to related ideas.
COINBASE:BTCUSDEducation
by harisonhbn9718
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