Spoofing is when traders create the illusion of pessimism (or optimism) in the market by placing big buy/sell orders without the intention of filling them.
A basic investment strategy can be phrased as “buy the dips.” This doesn’t mean go all in while an asset’s price is going down, it means average in as it goes down and/or buy after it settles.
Here are some basic tips and tricks for investing in and trading Bitcoin (and other cryptos). We cover how to avoid fees, what orders to use, and more.
We explain how to trade cryptocurrency without paying fees (i.e., how to go from USD to cryptocurrency and back again without paying fees).
Maker and taker fees are two different types of fees that you may be subject to on a cryptocurrency exchange. We explain maker fees vs. taker fees.
The three basic types of trades you’ll do with cryptocurrency are market, limit, and stop orders. We explain each using simple terms.
Investing in cryptocurrencies like Bitcoin, Litecoin, and Ethereum is a risky investment. We cover the pros and cons of investing in cryptocurrrency.
In general, one might want to assume the rules of “like-kind property” or “like-kind 1031 exchange” do not apply to cryptocurrency.
To invest in Bitcoin, use an exchange like Coinbase, a service like PayPal, Cash App, or Robinhood, or buy a stock that holds Bitcoin like GBTC.
We explain what an Initial Coin Offering (ICO) is and how to buy into an ICO. To get started you’ll need a cryptocurrency wallet and some cryptocurrency.