Bitcoin mentioned around Reddit: An exhausted trader at the end of the worst day in stock market history, "Black Monday", October 19, 1987. After "Black Monday", stock exchanges instituted circuit breakers, or trading pauses, when th /r/HistoryPorn
01-08 01:43 - 'Stop pretending you're a day trader. Blockchain coins are commodities right now exchanged on feelings, not logic. You can't predict the next Reddit "fud" by measuring market pressure, projections, and analyzing trades with alg...' by /u/Banks334 removed from /r/Bitcoin within 13-23min
''' Stop pretending you're a day trader. Blockchain coins are commodities right now exchanged on feelings, not logic. You can't predict the next Reddit "fud" by measuring market pressure, projections, and analyzing trades with algorithms... Bitcoin rallied because Reddit conspiracy theories that banks were buying all the Bitcoin. You got played. Everyone sold off their alt-coins for BTC. Now, you're seeing that money flow back into alt-coins as everyone is realizing they got played. Bitcoin has seen the beginning of the end. It's not a useful coin. It's value is only being propped up by exchnages using it as a store of value for trades. Get a clue. Bitcoin down to 15k by tomorrow. ''' Context Link Go1dfish undelete link unreddit undelete link Author: Banks334
I feel that the majority of us arent really fazed on the fact that on Sunday the price of BTC might drop significantly or may not...from being on this reddit a significant amount of time and I myself analyzing it..I rather not day trade or trade ..and just ride this thing out..just /r/Bitcoin
Kraken - Kraken is the #1 exchange in terms of EUR trading volume at ~6,000 BTC per day. It’s currently a top-15 exchange in terms of USD volume. bitcoinmarkets – A Bitcoin trading sub-reddit. New users can ask questions and receive guidance on trading techniques and strategy. Day trading has the potential to generate both large profits and large losses. A conservative trading strategy is highly recommended for everyone, particularly the beginner. Don’t let supposedly lost opportunities cloud your judgment when it comes to taking profits, and don’t forget that day trading isn’t free money. Day trading can be profitable but only if you're better than the average trader and good at managing risk. It's stressful though and I wouldn't recommend it. Better imo is to trade the more longer term swings in the market which are easier to predict and don't cause as much stress. Crypto Trading Bots. Trading bots have been used in traditional markets for a while, and are now available to crypto markets as well. Bots remove the majority of human flaws, such as emotional trading, uncertainty, and tiredness.They operate 24 hours a day and never get bored checking, double checking, and triple checking Bitcoin prices across different exchanges. Before day trading Bitcoin or any other alt coins, it’s also important to check how liquid the cryptocurrency you wish to trade is. You can do so by simply verifying the 24-hour volume of the crypto trade. CoinMarketCap is a good free resource to read and gauge the market volume of any particular coin.
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