• Breaking News

    Wednesday, February 5, 2020

    Home Unlabelled [Daily Discussion] Wednesday, February 05, 2020 Bitcoin Markets

    [Daily Discussion] Wednesday, February 05, 2020 Bitcoin Markets

    February 05, 2020

    [Daily Discussion] Wednesday, February 05, 2020 Bitcoin Markets

    [Daily Discussion] Wednesday, February 05, 2020

    Posted: 04 Feb 2020 08:05 PM PST

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

    Other ways to interact:

    submitted by /u/AutoModerator
    [link] [comments]

    [Altcoin Discussion] Wednesday, February 05, 2020

    Posted: 04 Feb 2020 08:05 PM PST

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

    Other ways to interact:

    submitted by /u/AutoModerator
    [link] [comments]

    Beginner friendly 10 page fundamental report on Bitcoin

    Posted: 05 Feb 2020 06:46 AM PST

    -Bitcoin Report -

    Overview

    Bitcoin is the world's first decentralized cryptocurrency built upon open-source software and blockchain technology that enables a global, permissionless, and peer-to-peer financial settlement layer as well as a pseudonymous, immutable, and censorship-resistant store of value. It is the world's first (and largest) unfalsifiable, digitally-scarce asset that removes the need to trust and rely on payment processors, banks, or governments in order for one to participate in the global economy.

    Bitcoin Strengths

    • The most truly decentralized, censorship-resistant sound money in the world
    • First trustless, permissionless, and borderless global payments network
    • Largest user base / network effects / name recognition
    • Longest history of any cryptocurrency, with 99.98% uptime
    • Transparent and fully-auditable public ledger of transactions
    • A hedge against fiat currencies and US stock market as a new safe-haven, reserve asset

    Bitcoin Weaknesses

    • Quite volatile when compared to traditional assets
    • Slow transaction times and high transaction costs for small transactions when compared to traditional, centralized services
    • Still a low adoption rate (<1% of the world's population)
    • Lack of regulatory clarity by nation's governments
    submitted by /u/schism1
    [link] [comments]

    I have spent 100+ hours and done 150+ interviews with crypto traders to create a guide with the top 50 most popular mistakes in crypto trading / investing

    Posted: 05 Feb 2020 05:44 AM PST

    1) You don't do your own research (DYOR)

    Research a coin before you invest in it.

    So many people invest based on hype. They see other investors on Twitter or Facebook talking about a coin, see the coin's price rising, and then buy off of impulse. This often ends badly.

    Do your own research.

    ​

    2) You don't take your profits

    If you want your cryptocurrency investment strategy to profit, you have to sell and accumulate profits eventually.

    Learn from others mistakes. At the end of 2017, during the big boom of cryptocurrencies, lots of investors became rich if they sold for profits. On the other hand, many had theoretical profits but overheld into this bear market. Now, they are stuck holding at a loss, waiting for the next bull run.

    Remember: You don't profit until you sell back to realize your gains.

    ​

    Unfortunately, there are 30+ pages and due to the rules, I am not allowed to post it here, so you can download the full guide here

    submitted by /u/kodjima33
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment