TIP: Watch the Order Book
Most exchanges will offer different ways to look at the order book (open buy and sell orders). This information is vital for finding entry and exit points.
Cryptocurrency Investing and Trading
A section on cryptocurrency investing and trading tips and tricks designed for novices, but with insights anyone can enjoy.
For informational and educational purposes only.
TIP: Consider Buying the Token After the ICO
There have been very few ICOs in the history of cryptocurrency where buying into the ICO netted a better price than one could have got on the open market.
Investing Tip: Watch Out for “Pump and Dumps”
It is common for cryptocurrencies to fall victim to “pump and dumps” (even more common than with stocks) due to the speed at which orders process.
Investing Tip: Try “Coin to Coin” Exchange
You can trade one crypto for another and do a “coin to coin” exchange. If you have discipline and make good trades, it can be better than trading crypto for USD.
Coinone Added Litecoin; Spurring on a Price Bump
A major South Korean cryptocurrency exchange Coinone added Litecoin to its trading platform. The result has been an increase in Litecoin’s price.
GBTC Isn’t Doing Itself a Favor Being Unclear on the Forks
GBTC could cause major problems by being unclear on what it plans to do with the Bitcoin forks. There is only one answer, HOLD all coins in the trust.
The Risks and Rewards of “Being in BitCoin For the Fork”
At block 494,784 (estimated to occur Nov. 16) Bitcoin will fork in two. Bitcoin holders will get 1 Bitcoin Segwit2x for every Bitcoin they own. That is a big reward, but there are risks.
Is Bitconnect a Scam?
The internet is buzzing with two ideas 1. Bitconnect is a great opportunity and 2. Bitconnect is a scam. Is Bitconnect a good deal, is it a scam, is it both?
Watch Out For Cryptocurrency Scams
As cryptocurrency becomes more popular, more and more scammers come out of the woodwork.
Reasons to Buy Ether
There are some compelling reasons to buy Ethereum’s Ether, the #2 coin by market cap. Forget about ETH’s price relative to BTC. Think about the fundamentals.