[Daily Discussion] Wednesday, November 25, 2020 Bitcoin Markets

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• [Daily Discussion] Wednesday, November 25, 2020
• [Altcoin Discussion] Wednesday, November 25, 2020
• Getting Started: How to Buy Bitcoins and Trade Cryptocurrencies
• How to confirm the bottom of any BTC retracement?
• Changenow is as bad as changelly
• Coinbase Pro Disables Margin Trading

[Daily Discussion] Wednesday, November 25, 2020 Posted: 24 Nov 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: Get an invite to live chat on our Slack group Set your flair to trade pretend money in the Flair Game Weekly threads: Newbie Mondays and Fundamentals Fridays Altcoins Discussion: Altcoin Discussion submitted by /u/AutoModerator [link] [comments]

[Altcoin Discussion] Wednesday, November 25, 2020 Posted: 24 Nov 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: Get an invite to live chat on our Slack group and check out the #altcoins channel Daily Discussion for bitcoin only: Daily Discussion Prior Altcoin Discussion: Altcoin Discussion submitted by /u/AutoModerator [link] [comments]

Getting Started: How to Buy Bitcoins and Trade Cryptocurrencies Posted: 25 Nov 2020 05:28 AM PST submitted by /u/jackraddit [link] [comments]

How to confirm the bottom of any BTC retracement? Posted: 25 Nov 2020 07:22 AM PST I am in in the very elementary stages of learning technical analysis but if there is significant retracement of 30-40% in BTC I would like to have the confidence to recognise the bottom rather than a bottom on the way down. Is there any specific part of TA I should learn about first to recognise such a bottom, and in addition are there any Trading View indicators that will help with this? I have looked at those in this screenshot and others but I am still trying to get my head around them as many near bottoms seem very similar to actual bottoms I have marked with the rocketship. submitted by /u/baremetaloctopus [link] [comments]

Changenow is as bad as changelly Posted: 25 Nov 2020 08:12 AM PST changenow .io froze my XRP to BTC transaction and demanded I do a KYC and prove source of funds. Very unhelpful staff. Said it was tied to illegal activity. The stole $700 from me. Avoid this exchange at all costs. They selectively scam people. ON the 5 the transaction , my money was frozen. They accepted my XRP the first 4 times and then froze my 5th deposit, all from the same address within an hour. If the source of funds was illegal, why would they accept and process the first 4? Fucking liars. They will steal your money if they feel like it. It is no better than chagelly . If you use this exchange you better be able to give tons of documentation. No refund either if you do not do the KYC or you do not pass. Your money is gone forever. submitted by /u/Eastballers [link] [comments]

Coinbase Pro Disables Margin Trading Posted: 24 Nov 2020 03:21 PM PST Copied from the Coinbase blog: In response to new guidance from the Commodity Futures Trading Commission, we are disabling our margin trading product. Customers currently using margin trading will not be able to place new margin trades starting 2pm PT on November 25. For customers using credit, all open limit orders will be cancelled at this time. The product will be taken offline in December once all existing margin positions have expired. We believe clear, common sense regulations for margin lending products are needed to protect and provide peace of mind to U.S customers. We look forward to working closely with regulators to achieve this goal. Margin Trading FAQ Why are you shutting down Margin Trading? Due to recent changes in our regulatory environment, we are no longer able to offer this product to retail investors. What will happen to my existing Margin positions? Your existing Margin positions that were created before 2pm PT on Nov 25 will not be affected. At the expiration of your loan term (25th day from the date of origination), your positions will be closed out by selling crypto for the value of the loan. Once the loan is closed, you will not be able to enter into a new Margin position, nor will we enter into a position on your behalf. Why are my open limit orders being canceled? When you create an order on Coinbase Pro, we check your buying power before the order is created. Once Margin Trading becomes unavailable, your buying power decreases and we thus might not be able to execute any orders that were already created. Will I still have access to reporting for Margin trades? You can access your previous trades (including Margin trades) via the "Orders" or "Statements" sections of your account. https://blog.coinbase.com/coinbase-pro-disables-margin-trading-42f5862f8a66 submitted by /u/modeless [link] [comments]

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