Crypto Markets Crashing? - Live Trading Analysis - Bitcoin Crash!
This is a Live Recording of one of our Cryptocurrency trading Analysis Sessions.
Crypto markets and Bitcoin are crashing! Many traders blame recent news about South Korea's potential ban of Bitcoin and crypto exchanges. Even though the crackdown hasn't yet begun, FUD is spreading everywhere.
But are we really experiencing a crypto market crash or a just a normal cyclical decline?
Regardless of the reason, now more than ever it's important that you equip yourself with the tools and techniques required to buy and sell cryptocurrency coins at the right prices. I will show you some of the strategies I use to actively trade.
To trade, I currently use the Binance platform, as well as Tradingview charts for more advanced technical analysis (see links below to access Tradingview, our other social media pages, etc.).
Investing in cryptocurrency and ICOs in 2017 was a piece of cake. In 2018, it'll definitely be a different ballgame! The SEC is Now in town!
In 2018, the Securities Exchange Commission (SEC) is already sending out
With 2018 in full swing, and the SEC is sending out subpoenas left and right in an ICO, crypto fund, and anything cryptocurrency related crackdown.
This will obviously make security tokens a lot more popular. This is an important fact for existing ICO investors. If the SEC determines that an ICO you invested in is a security token (and not a utility token) because the associated tokens don't have any utility, you can be held legally responsible!
One of the important keys to security tokens will be the platforms where they can trade. Right now, you can't really trade them anywhere. Sorry Binance users!
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https://www.youtube.com/watch?v=0QYdR_Y0Y-o
On this episode of our Coin Clips mini series, we'll be covering the must know facts about Ethereum (ETH), the crypto taking the number two spot in the global crypto rankings (our first episode discussed Bitcoin).
Second only to Bitcoin, Ethereum was an early comer cryptocurrency that helped form the state of the space. Conceived on 2013 by Vitalik Buterin, the currency introduced a proprietary hashing algorithm known as “Ethash.”
While being one of the first certainly helped them establish the project in the space, their "smart contract" ecosystem is one of the key features that drive more and more users to the Ethereum network.
These smart contracts allow advanced capabilities for the execution of data transmission. While Ethereum is not the only cryptocurrency with a smart contract system, it is currently the most widely utilized. Along with the smart contracts come “ERC20” tokens; essentially, a powerful baseline that can be used to build an entire cryptocurrency platform and launch it via the Ethereum network, instantly providing new projects with a network strength that would require massive expenditure to build from the ground up.
While Ethereum is currently experiencing scaling issues, they are actively developing solutions to the exploding network traffic If they handle this gracefully, there is little doubt they are here to stay as one of the big boys of crypto.
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https://www.youtube.com/watch?v=apasDDZb3iw
How's it going crypto heads and anonymity buffs!
As promised, today we'll be diving in a bit deeper with CloakCoin (CLOAK) to look at their staking network anonymity features.
To kick things off, we'll be checking out a transaction from their desktop client to the mobile wallet, clocking in with blazing fast sub-one minute processing time. Once we get an idea for that network speed, we'll be breaking things down a bit for the newcomers with a quick lesson on proof of work mining, along with how the proof of stake network functions plus its advantages.
While the staking network is undoubtedly a big draw for user's to join the CloakCoin ecosystem, the other major card in their hand is the unparalleled privacy and anonymity implementations. Using a system similar to the TOR network's onion routing, the CLOAK project's "Enigma" adds another layer of security intra-network via its staking community.
Hopefully, this gives everyone a bit more insight on why I feel so strongly about the future of CLOAK coin.
If you enjoyed the video, give us a follow, and don't forget to check out our social pages and crypto resources below!
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https://www.youtube.com/watch?v=U5wajZJqtiQ
So you want to get into trading?
Forex trading is the act of buying and selling currencies on the foreign exchange market. This market determines the foreign exchange rate, which is the price of one currency in terms of another. Trading allows individuals to speculate on the exchange rate of currency pairs and make a profit from it. For example, if you think the euro is going to strengthen against the US dollar, you can buy EUR/USD. If the euro strengthens, you can sell it for a profit.
However, before you start forex trading, it's important to have a good understanding of the market and the risks involved. Here are some things you should study before you start trading forex:
The basics of forex trading: This includes understanding how the forex market works, the different currency pairs that are available for trading, and the factors that can affect exchange rates.
The risks and potential rewards of forex trading: Forex trading involves significant risk, and it's important to understand the potential rewards as well as the risks before you start trading.
Trading strategies: There are many different trading strategies that traders use to try to make a profit in the forex market. It's important to understand the different strategies and how to apply them to your trading.
Money management: Proper money management is crucial for success in forex trading. This includes understanding how to manage your risk and your account balance to protect yourself from potential losses.
Trading psychology: Forex trading can be emotionally challenging, and it's important to have a good understanding of trading psychology to help you stay disciplined and avoid making emotional decisions.
In addition to studying these topics, it's also a good idea to practice trading with a demo account before risking any real money. This will give you a chance to learn the ropes and test out your trading strategies in a risk-free environment using different trading indicators that traders use to help them make decisions about their trades. Some of the most popular indicators include moving averages, relative strength index (RSI), and the average directional index (ADX).
Moving averages: A moving average is a trend-following indicator that smooths out price action by filtering out noise and random price fluctuations. It shows the average price of a chart over a specific period of time. Moving averages are commonly used to identify the direction of the trend and can be used to generate buy and sell signals.
Relative strength index (RSI): The RSI is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the market. It compares the magnitude of recent gains to recent losses to determine whether a security is overbought or oversold.
Average directional index (ADX): The ADX is a trend-strength indicator that measures the strength of a trend based on the highs and lows of the security over a specific period of time. It can be used to determine the trend's strength and whether it is likely to continue.
To get started with forex trading, you'll need to open a trading account with a brokerage that offers forex trading services. Once you have an account, you can start trading by buying and selling currency pairs.
When choosing a forex broker, it's important to choose a reputable and trustworthy broker. Here are some key signs of a reputable forex broker:
Regulation: A reputable forex broker will be regulated by a government agency, such as the Securities and Exchange Commission (SEC) in the United States or the Financial Conduct Authority (FCA) in the United Kingdom. This means that the broker is subject to strict rules and oversight, which can help protect you as a trader.
Transparent fees: They will be transparent about their fees and charges, and will not have any hidden fees or charges that can eat into your profits.
Good customer service: A reputable forex broker will have good customer service, and will be available to answer your questions and address any concerns you may have.
Positive online reviews: You can often learn a lot about a forex broker by reading online reviews from other traders. Look for brokers with a large number of positive reviews from satisfied customers.
Security: A reputable forex broker will take measures to protect your account and personal information from being hacked or stolen. Look for brokers that use secure technology, such as encryption, to protect your data.
We hope this video helps and if you have any questions make sure to comment down below! Make sure to smash that like button for the algorithm and if you want to see more content, hit the Subscribe and Notification button!
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https://www.youtube.com/watch?v=SOLazWdhh1E
A lot of people have been asking me lately how to buy Ripple (XRP). On this video, I show you the best exchange that I know where you can trade it for less.
[see the link to set up your account below]
With the recent surge in interest in cryptocurrencies, smaller altcoins aside from the “big 3” (Bitcoin, Ethereum, and Litecoin) have been gaining more and more interest and attention in the public eye. While there are a number of cryptocurrency exchanges out there, many require extensive setup and verification processes before being able to so much as make your first deposit. To help you cut out the chaos of getting started with your first altcoin purchase (like Ripple), we will be walking through the quick and easy set up process on the Binance crypto exchange.
Bittrex vs Binance
Binance trading fees are less than half of what you pay at the Bittrex exchange.
Opening an account with Binnance is a lot easier than Bittrex (just follow the sign up link below to get started, enter your email and password, and you're ready to go)
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https://www.youtube.com/watch?v=zhLqokRV9mM
In today's episode of our sixty second Coin Clip mini series we will be talking about some of the basics every cryptocurrency enthusiast should know about Litecoin (LTC), another top-10 market cap coin.
It currently sits as the sixth most popular cryptocurrency and has been a contender since the early days of crypto. Back in 2011, the Litecoin network went live under the development of Charlie Lee. Lee also made some waves in the crypto space on December 20th, 2017 by stating on Reddit that he had sold off his Litecoin and “divested from the project.” While alarmists cried foul, Lee maintains that his decision was meant to show that he has an ongoing devotion to the project for the purpose of growth, not profit.
Like many cryptos that came after Bitcoin, Litecoin aimed to address a number of the core issues seen within the BTC network. Hashed on the Scrypt algorithm, Litecoin boasts a two and a half minute block time, a quarter that of Bitcoin. This decreased block time allows for higher volume transaction processing and faster transactions confirmations for users.
The big hard hitting point for Litecoin is certainly centered around its transactions. Along with the transactions having proven themselves to be far more expedient than Bitcoin, the Litecoin network fees are also much lower, oftentimes by a factor greater than ten!
I hope you enjoyed this little snippet on Litecoin. If you have another crypto us to cover, let us know in the comments below!
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https://www.youtube.com/watch?v=MI-DUQXikfY
CloakCoin and ivyKoin are two examples of very different blockchain projects in the crypto space that are actually working. This is a breath of fresh air given that 81% of ICOs are scams, according to some research.
As of the date of this video review, ivyKoin just wrapped up its pre-sale offering, while the CloakCoin ICO took place all the way back in June 2014, a long, long time in crypto years (the CLOAK token trades on Bittrex and other crypto exchanges).
Cloak is considered a privacy coin tailored for the consumer market. With many new ICOs disappearing in less than a year, it's impressive that CloakCoin is still moving forward with their roadmap more than three years years later. The CloakCoin project is a very interesting one for me as someone with a tech background.
Cloak has recently been working on their “cloaked” or anonymous transaction process through their Enigma network. They took a whole different approach when it comes to anonymity, which is based on anonymity by duplication. Instead of going the traditional route of just processing a single transaction with multiple layers of security, CloakCoin passes those security layers onto multiple broadcasting points on the Enigma network, which increases the level of security exponentially.
Even though cryptocurrencies as a whole went through an indiscriminate boom in 2017 and a subsequent crash after the beginning of 2018, pushing CLOAK tokens through this same roller coaster ride, as a trader I've noticed that the trading volume and price trends on CLOAK coins have seen a more “natural” growth progression (unlike pump-and-dump coins). This is something that makes me feel a lot more secure as a cryptocurrency investor.
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https://www.youtube.com/watch?v=g2AymqfV3nE
If you’re a day to day crypto user you’ve probably looked at a bunch of different ways to store your coveted cryptocurrencies. While many different wallet solutions exist, hardware wallets always come out on top in terms of security. At this point I’ve tried a number of the different offerings out there including the Ledger Nano, Trezor One, and KeepKey. While they’re all great devices none of them have been able to combine the security, coin compatibility, and usability I’ve been searching for in an everyday carry hardware wallet.
Today I’ll be continuing my search for the perfect hardware wallet with a new player on the market, the Hyundai Kasse; a small easy to carry device with support for a large number of different cryptocurrencies that looks to be giving the Ledger Nano a run for its money. So we’ll be diving in to check out the device (which by the way has actually become my daily driver for ethereum based ERC20 tokens), talk a bit about the pros and cons of the device, and check out how to operate it and use the software interface.
Hope you crypto heads enjoyed this peek at the Hyundai Kasse, and if you have a question about the device or another hardware wallet drop us a comment below!
Don’t forget to like and subscribe if you liked the video!
Use the links below to access to some useful tools in the crypto space and our other social pages.
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https://www.youtube.com/watch?v=cwrAZDkQsVY
Thanks to the advice of Mario Pazos, industry expert and founder of Security Token Partners, this is going to be one of the most important videos on security tokens and the future of the crypto markets that you'll ever watch.
Here are clickable time stamps to important sections of the interview:
Roadmap to Mario Pazos -- 1:02
Do you only invest in ICOs or also post-launch token projects? -- 5:25
How security tokens will affect institutional/retail traders & exchanges -- 9:47
One of Mario's standout projects -- 13:11
Potential issues with security tokens and the SEC -- 21:19
Final comments -- 26:22
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https://www.youtube.com/watch?v=IX_c3N_6UT8