Bitconnect shut down its lending and exchange platform with little warning. Investors subsequently lost 90% of their value on paper. Here is everything you need to know.
A section on cryptocurrency investing tips and tricks designed for novices, but with insights anyone can enjoy
The total market cap of cryptocurrency is near an all time high, Bitcoin dominance is at an all time low, and altcoin dominance at an all time high. What can this tell us?
To buy altcoins you need an exchange that allows you to trade dollars for altcoins, like Kraken, or you’ll need to buy Bitcoin or Ethereum on a platform like Coinbase, and then trade one of those for altcoins on an exchange that allows that, like Bittrex.
We explain how the different order types work on Bittrex. This will include how to set limit orders and how to set stops using conditional orders.
We explain how to invest in cryptocurrency for beginners. The first thing you need to decide is if you want to invest directly in cryptocurrency or invest indirectly (for example through a stock).
In cryptocurrency, which coins are preforming well tends to rotate. Sometimes BTC is dominant, sometimes alts are, sometimes ETH or XRP will take the lead, etc.
In general, when Bitcoin stagnates it gives altcoins a chance to run. The Bitcoin stagnation that started in December 2017 set the stage for an altcoin boom like few before it.
In cryptocurrency trading people buy the rumor and sell the news. Meaning prices tend to increase as a rumor spreads and decrease when rumored events occur.
Bitcoin has struggled to stay in the $14k range after hitting a high of $20k. Logic might say sell and wait, but those who sell could miss a number of forks.
John McAfee was touting a cryptocurrency every day for 20 days, he switched to Tweeting about a coin a week. We list all his picks here.