We all read successful trading stories. But nobody writes about unsuccessful ones, which are the most frequent. Usually, greed, blind believe and lack of knowledge are the catalysts for a failed trade/investment.
It’s true that cryptocurrency market is quite unstable and highly unstable. But there are some key points we can cover in order to increase our chances of success when trading/investing. It all starts by having a plan for each scenario, doing your own research and being faithful to your plan.
https://medium.com/@cryptorand/trading-tips-how-i-pick-low-cap-cryptocurrencies-a323c41239d8
27 Amazing resources for Bitcoin and Cryptocurrency traders.
So, you want to be a trader? You want to test your skills in this grand game of chess that plays out on the daily charts? Welcome to the hardest game on the earth. The potential rewards are immense. New crypto-millionaires will be made this year. But it won’t be easy. Only those who choose to master their craft will survive.
Are you ready to start your journey towards mastery? Good, then below there is a list of resources that can be used in education as a trader. Bookmark them, and dive in. Honor and recognition awaited you!
Bitcoin is outdated tech. These 3 alternatives should be on your radar.
First movers or fast followers — which have the advantages? When bitcoin was first proposed in 2008 it was revolutionary. For the first time people could trust in a currency without a bank or government behind it. Fast forward to 2018 and bitcoin is well above 10,000 USD a coin. Over 87% of people have heard about bitcoin.
But bitcoin is almost a decade old. When bitcoin was conceived the app store was just getting off the ground and portable DVD players were still used on long car trips.
So if bitcoin is just the start of cryptocurrency, what comes next? To understand what technologies could surpass bitcoin we need to understand where it is currently falling short.
IMF Head Foresees the End of Banking and the Triumph of Cryptocurrency
In a remarkably frank talk at the Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of the future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies.
In the long run, the technology itself can replace national monies, conventional financial intermediation, and even “puts a question mark on the fractional banking model that we know today.”
https://fee.org/articles/imf-head-predicts-the-end-of-banking-and-the-triumph-of-cryptocurrency/
Fed Official Decries Bitcoin as “Not Backed”
Randal K. Quarles, a Trump administration appointee to the Federal Reserve Board of Governors and Vice Chair for bank supervision, has given a lengthy speech (“Thoughts on Prudent Innovation in the Payment System”) that directly targets Bitcoin as a danger to the monetary and financial system.
Earlier, an official speaking for the nation’s central bank that manages the global reserve currency — the institution that has long bragged about its power to bail out the entire world with the magic powers of the alchemist — has put down Bitcoin for being untrustworthy, unbacked, and unsound.
https://fee.org/articles/fed-official-decries-bitcoin-as-not-backed/
Please give us a thumb up!
