The practice of exchanging fictitious mediums of value is very ancient and has worked since the beginning of time. The times have never been so out of touch with reality. Reality today is a television program, with everything so distorted, dreams can and do and will come true. The limits and boundaries are direct reflections of limits and boundaries we set in our minds. As some one who did not know how to code at a young age, I can think of how much more leverage I have over everything in the universe. This crypo hype is a big ass wave and traders who are smart are ridding it. Like monkey people on a beach, we are like cavemen and behind on the time because cryptocurrency is older than bitcoin which started this whole fiasco. Bitcoin would be the moon, for example see how everything can be bought with bitcoin from the cryptocurrencies to debit cards and loans. Bitcoin gives you discounts with fortune 500 companies and appreciates over time so each wallet you have is a like a bank account, but runs laps around bank accounts because the wave has not reached its peak. This new concept of your money being worth more and the paper money and metal and becoming worth less, is better than interest. Not only do you get richer but those who you leave in the dark about your trading will be poor on a sudden. This is a test run, and this is only the birthing pains of a new world order. You are the currency in this world, but if you can manage to get in on this you might be able to get out their way (matrix) because they have patent ancient to patents. With this we have our own sovereignty with no need of a Sheppard.
So then this method is my way of day trading and in comparison to swing trading. Exchange rates can be high so these things in the market are like sharks in the way because they eat away at your profits, there is nothing you can do about them but avoid them. Shopping around for the best exchange on every single trade. For example with STEEM on the market cap for $2 per unit then you go to the markets, as described in a later post of mine you might be able to sell it for $2.27 or something crazy like that. But its usually the ones that did not sell as much or have have as many transactions, but the name of the game is buy low and sell high. So then who is willing to pay the most and sell the cheapest? This is different EVERY.SINGLE.TRANSACTION. It's like coupons and vouchers had a baby, you control your money when you do your due diligence that this my disclaimer.
( tx = usd or btc spot price) i.e my coin is worth 3EUR because that is what most of the transactions in the block chain in this increment of time has sold each coin for. OR It is only worth what everyone is willing to pay, this is fundamental before runnig any formulas, is what is it actually selling you. Checking the block chain and the last tx compared to the markets with show the true value of the tokens you hold. The number of transactions can also drive the price, seeing live feed of the tx as they come in will show you there is actually a market.
Now, with this perception on making money you see, that yes the small coins make money but
a.) Beating the herd to the slaughter ( shorting, holding positions at ground floor)
b.) Trailing the herd like a wolf
Vice had a blog a bout how people where selling over priced ethereum rigs on craigslist. With trusted sources like vice are feeding into the hype it's a sign. The real news is practically hidden in the internet, but youtube is better than then local news. you know the quote "real news" and trust me when I say the elite are not paying all the youtubers, the viewers and their community on (along with) youtube are. In the matrix everything is totally different. This is the wave, the sec and bitcoin, the irs and bitcoin. They do a good job at selling it, and it sells it's self too. Around that time that's when people start to buy, Trading works as long as your diversify into some positions for long term. Because you never know when you might haft to liquidate.
The wave is rising, rapidly., in December of 2016 the high for bitcoin was less that $1000 per coin we are half way though a year later and the price has more than doubled in six months. I used that because I had a wallet just for the faucets on my android. That was the last deposit I had from that phone. This was when the faucets had lower payouts and higher rewards per click. I remember one faucet would pay 2k satoshi every 30 mins, also there is no limits to accounts. Now that faucet pays 200 every 15 minutes if you spend 1500 satoshi . This is ripple of the wave crashing down, it is going to get harder and more valuable and then be over. Bitcoin has went down due to a particular mining cartel and the news scared some but not alot of investors. by December 2017 the price of bitcoin would had tripled in a years time.
I do not mean go with the hype, rather you are responsible to know what is valuable to the market. What will people pay for and how much. What about it will make them pay more for it? The news has these nuggets, when the sec thing happened bitcoin went down and back up past where it was. So this thing with the cartel(s)
With currencies being made as reward for more than just mining, it makes it more practical. Now people are not just willing to pay for and sell for but labor for a digital file. So if you get on coin market cap that's exactly why there are so many options, the money comes out of thin air, and can pay for anything. So with that being said, thus why I posted this picture above, below bitcoin is the ether. And it has a impact on daily life for the community. Like computers has with microsoft, so should any online project be. Trading to make money to hold positions and make more money trading to hold more positions. Because the shit will hit the fan and you got to make it out the wave tunnel alive. Worst case scenario you can use it to get things like metals and real estate. But it's driven by bitcoin, they all convert into bitcoin on exchanges and the the bitcoin coverts to whatever the debit card needs to issue out. It's not real fiat currency it's just a file. All the money belongs to the issuer, but when it means nothing and we have this alternative, best thing to do is to conform to sovereignty and promote self sustainability and make money in the process. But again, my main disclaimer for this post is that it is all a social experiment they are schemes that people can make money off of when knowing what to look for what and when to do it. This does work, but the fiat currency is a more sinister ponzi scheme, a global economy ran on us debt. But this could be the best alternative to being a slave to the matrix, would be e-commerce.