Bitcoin trading for beginners - including cryptocurrencies - Using sound professional trading principles to keep yourself safe.
A Bitcoin trading tutorial for beginners - how to use professional trading strategy rules so you're not whipsawed by the news, rumors and gossip about bitcoin trading that seems to change every day. There's a lot of hype about cryptocurrency and cryptocurrencies. Don't get swept up in the hype.
This video shares with you some facts that may help you make your own decision as to what decision you want to make.
Enjoy the video! Leave your questions and comments below!
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The information contained on this video is for informational and educational purposes only. We are not registered as a securities broker-dealer or as investment advisers, either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Trading and investing involves substantial risk. Financial loss, even above the amount invested, is possible. Seek the services of a competent professional person before investing or trading with money.
The information contained on this video, is not provided to any particular individual with a view toward their individual circumstances and nothing in this video should be construed as investment or trading advice. Each individual should assume that all information contained on this site is not trustworthy unless verified by their own independent research.
Any statements and/or examples of earnings or income, including hypothetical or simulated performance results, are solely for illustrative purposes and are not to be considered as average earnings. Prior successes and past performance with regards to earnings and income are not an indication of potential future success or performance.
You should never trade with money you cannot afford to lose. The information in this video is in no way a solicitation of any order to buy or sell. The author and publisher assume no responsibility for your trading results.
This information is provided "AS IS," without any implied or express warranty as to its performance or to the results that may be obtained by using the information.
Factual statements in this site are made as of the date the information was created and are subject to change without notice.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
Hi Barry I been on your training courses and your training using multiple time frames, to find trades using a weekly and then entry exit on daily charts, can this be applied please to crypto trading? Also do I use same indicators, moving averages with your settings for crypto trading please? Thank you
Thank you for your reply, I already purchased your courses all of them, looking forward to you releasing further videos or courses on crypto in 2018, Happy New Year to you and thanks for a great 2017 of sharing your knowledge and experience with your trading community.
Cryptos have been moving different than the rest of the market for various reasons, and there are many cryptos, so you can't lump them all together as a category for trading. Now that the established exchanges have come in, some of them have settled down a bit. I'll be talking more about that in 2018.
As a young person getting into trading, this is awesome advice, thank you so much! How can I go about creating my own trading plan properly? I find my biggest problem is wondering "well, what do I do now?". I feel like if I had a 'rule book' to follow, I would be ahead in the game.
First, welcome to the wonderful world of trading! I'm glad you asked that question because creating your own viable trading plan at this point in your learning curve would be impossible. Learn from someone who has already gone through years of trading and experience. Putting together a trading plan is more sophisticated than you're thinking it is.
Thanks again Dr. Barry; great stuff as usual! I really appreciate your insight.
I've been trading about thirty years, and I'm still learning it, right?!? :)
It's always a big help when someone like you can reinforce the fundamental rules and just generally remind us we're all in the same boat of ups and downs where it's important to have a sound plan every day! It helps, at least me anyway, to keep a level head!
Have a good one!
I recommend you should try Rob Beyer strategy on (rbfx @ beyertrades. com). I got the best of bitcoin and bitcoin cash from this same company with just a payment of 40% deposit. today i have nothing less than 26.6 bitcoin unit since March 2017.
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.