A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Dont be foolish enough to try and day trade Bitcoin.
Especially with leverage. You will lose, guaranteed! You are trying to compete against bots with advanced computational abilities & even AI. Bitcoin has destroyed so many speculators this month. If you are using margin on exchanges with questionable reputation... you are not doing this right! It's simple. Buy bitcoin while it is cheap, and deploy it in 5-10 years time when utility dictates it's price instead of market speculation on dodgy exchanges. Anyone speculating in this market probably deserves to be wiped out.
I am looking for something with low fees and quick fill orders. I am looking at Oanda, but their MT4 platform doesn't have access to Bitcoin for some reason even though they offer it and a mini version. What platforms would be best to do this?
Today we will discuss three of the most popular day trading strategies for Bitcoin. Day trading is defined as an act of buying and selling an asset within the same day. The majority of day traders won’t hold trades over night as they buy and sell multiple times over the course of the day. How To Day Trade Bitcoin. Of course, this heavily depends on your trading style. One thing is for sure: day trading Bitcoin doesn’t necessarily differ significantly from trading other assets or securities. Most Bitcoin traders rely on EMAs, Fibonacci, RSI and MACD, support and resistance levels as well as candlestick analysis and volume. The E-Coin example is why it is important to understand that day trading Bitcoin and other cryptocurrencies will not always go to plan. You have to be able to accept losses when they happen, as this is a part of trading. Even the most successful traders in the world make losses, as it is impossible to always make the correct prediction. Bitcoin Day Trading Believe it or not, the Bitcoin network still has big unrealized potential – developers are continually working to improve its scalability, privacy-enhancing features, and add other functionalities. This is why it’s not too late to get into Bitcoin day trading. However, it will take a lot of preparation and effort on your Day Trading Cryptocurrency may not be that suited for cryptocurrency beginners, but it is one of the most popular crypto trading strategies. In this episode of … source
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