Important RULES to keep in mind while trading CRYPTO!!
✅First of all, decide whether you want to increase your Bitcoins or USD. Have a goal and stick to it.
✅Never put all your eggs in one basket. Your capital should be broken into smaller slots for multiple positions at different price levels.
✅Do not invest your life savings or money that may change your life drastically in the event of a loss. This rule is important mainly due to the existing level of uncertainty that still exists within the Bitcoin and CRYPTO market.
✅Take full advantage of available technology in order to gain maximum profit
✅Understanding the market is a continuous process and requires a lot of time, concentration and effort. It is very crucial to do research and be up to date with CURRENT CRYPTO TRENDS.
✅Know when to cash in. It is important to stay focused, unemotional and professional.
✅Traders should keep in mind that losing, just as much as winning, is an integral part of trading. It is the cumulative gains that count.
✅First of all, decide whether you want to increase your Bitcoins or USD. Have a goal and stick to it.
✅Never put all your eggs in one basket. Your capital should be broken into smaller slots for multiple positions at different price levels.
✅Do not invest your life savings or money that may change your life drastically in the event of a loss. This rule is important mainly due to the existing level of uncertainty that still exists within the Bitcoin and CRYPTO market.
✅Take full advantage of available technology in order to gain maximum profit
✅Understanding the market is a continuous process and requires a lot of time, concentration and effort. It is very crucial to do research and be up to date with CURRENT CRYPTO TRENDS.
✅Know when to cash in. It is important to stay focused, unemotional and professional.
✅Traders should keep in mind that losing, just as much as winning, is an integral part of trading. It is the cumulative gains that count.
Every major banking institution is now looking at blockchain technology, even if it is experimental, for fear of being left behind
https://goo.gl/aHvNgf
https://goo.gl/aHvNgf
Cointelegraph
Banks and Blockchain: Wait-and-See Approach or FOMO?
Different major banking institutions are looking at blockchain technology.
📢Wall street is warming up to Bitcoin!
Intercontinental Exchange Inc. (ICE)., the owner of New York Stock Exchange, is working on a trading platform that would let investors bet on Bitcoin. ICE is the parent company of the New York Stock Exchange, the world’s largest stock exchange by market capitalization, so the move should give bitcoin more credibility in the mainstream finance world.
💬“There is a trend here we can’t ignore in my mind, so I don’t discount it,” ICE Chief Executive Officer Jeffrey Sprecher said last month.
📍ICE isn’t the only major financier with bitcoin on its mind. Last week, Goldman Sachs, one of the world’s largest financial services firms, confirmed that it is opening its own trading unit for bitcoin.
➡️So, the signs are clear: Wall Street is officially giving bitcoin trading a shot, and, therefore, the large and rich group of investors on traditional markets will obtain an access to Bitcoin. 💰💰💰That should definitely attract a huge flow of money into the crypto market and will become one more serious step towards the recognition of cryptocurrencies.
Intercontinental Exchange Inc. (ICE)., the owner of New York Stock Exchange, is working on a trading platform that would let investors bet on Bitcoin. ICE is the parent company of the New York Stock Exchange, the world’s largest stock exchange by market capitalization, so the move should give bitcoin more credibility in the mainstream finance world.
💬“There is a trend here we can’t ignore in my mind, so I don’t discount it,” ICE Chief Executive Officer Jeffrey Sprecher said last month.
📍ICE isn’t the only major financier with bitcoin on its mind. Last week, Goldman Sachs, one of the world’s largest financial services firms, confirmed that it is opening its own trading unit for bitcoin.
➡️So, the signs are clear: Wall Street is officially giving bitcoin trading a shot, and, therefore, the large and rich group of investors on traditional markets will obtain an access to Bitcoin. 💰💰💰That should definitely attract a huge flow of money into the crypto market and will become one more serious step towards the recognition of cryptocurrencies.
TRON (TRX)
- Date: 21 June 2018
- Binance Support
Binance is supporting the TRON blockchain upgrade on June 21st.
https://twitter.com/binance/status/994052789784465408
- Date: 21 June 2018
- Binance Support
Binance is supporting the TRON blockchain upgrade on June 21st.
https://twitter.com/binance/status/994052789784465408
Twitter
Binance
#Binance Will Support #Tron $TRX MainNet Token Swap. When the swap occurs, we will handle all technical requirements involved for all users holding #TRX.
Forwarded from VIP CS GOLD™
Market update
Just before the consensus BTC rapidly dropped from 9300$ to 8700$ taking all alts down with itself. The reason is quite clear: all indicators showed bullish signs, but we know that BTC always go opposite way. Tons of long positions have been liquidated and bitcoin continued the rally directly in hell.
The most popular reason is that whales are trying to push the market down before the consensus to buy all the dips. The other reason is that whales already know the results of consensus and sell now (is case news are bad ones).
We don't know which scenario is happening, but right now BTC is doing OK: 8600$ support wasn't touched and hopefully wouldn't be. In other case we might see dump to 8200$ support zone. Remember that 8200$ is much more stronger that 8600$ zone.
Just before the consensus BTC rapidly dropped from 9300$ to 8700$ taking all alts down with itself. The reason is quite clear: all indicators showed bullish signs, but we know that BTC always go opposite way. Tons of long positions have been liquidated and bitcoin continued the rally directly in hell.
The most popular reason is that whales are trying to push the market down before the consensus to buy all the dips. The other reason is that whales already know the results of consensus and sell now (is case news are bad ones).
We don't know which scenario is happening, but right now BTC is doing OK: 8600$ support wasn't touched and hopefully wouldn't be. In other case we might see dump to 8200$ support zone. Remember that 8200$ is much more stronger that 8600$ zone.
Possible reasons behind the btc dump :
1. Korea-Upbit Fud.
2. CME gap at 8550.
3. Whales accumulation closer to "Consensus investors explosion" expected in a few days.
CONCLUSION : Don't sell now because btc will jump with strength and will let you out. Great times are coming.
1. Korea-Upbit Fud.
2. CME gap at 8550.
3. Whales accumulation closer to "Consensus investors explosion" expected in a few days.
CONCLUSION : Don't sell now because btc will jump with strength and will let you out. Great times are coming.
⚒ Market update 🛠
8200$ support has just been touched. This one is really strong and if it fails to keep price above, BTC may see 8000$ and even 7800$. In my opinion we have here 2 possible options: either BTC bounce from 8200$, either it bounce from 7800$. Second scenario is more possible: due to low volume and weekend we can't provide a strong rebound right now. But still 8200$ support may be stronger than I think, so we'll never see 8000$ or below.
📯Also remember that 8000$ is not a support actually, it's nice round number but according to TA it has no power as a support line.
Altcoins will also rebound soon. Follow the sweetest ones and try to buy the dip.
8200$ support has just been touched. This one is really strong and if it fails to keep price above, BTC may see 8000$ and even 7800$. In my opinion we have here 2 possible options: either BTC bounce from 8200$, either it bounce from 7800$. Second scenario is more possible: due to low volume and weekend we can't provide a strong rebound right now. But still 8200$ support may be stronger than I think, so we'll never see 8000$ or below.
📯Also remember that 8000$ is not a support actually, it's nice round number but according to TA it has no power as a support line.
Altcoins will also rebound soon. Follow the sweetest ones and try to buy the dip.
Above $8K: Bitcoin Aims Higher After Price Breakout
https://www.coindesk.com/8k-bitcoin-aims-higher-bull-breakout/
https://www.coindesk.com/8k-bitcoin-aims-higher-bull-breakout/
CoinDesk
Above $8K: Bitcoin Aims Higher After Price Breakout
Bitcoin looks north following a bullish technical breakout.
🏦 The Consensus has started only 3 hours ago, but already hit the market with big fat green candle on BTC. Here are major statements:
1. Cryptomarket is NOT A BUBBLE
2. There is a lot of space to grow
3. ICO are becoming more and more popular and can beat IPO in perspective
4. Investment funds are waiting for regulation
5. In a long-term perspective bitcoin (or whichever coin will be number one) will have to compete with fiat currencies
📳 All in all, we can see only positive opinions (quite logical, isn't it), cryptomarket started to react, we are keeping watch the situation.
1. Cryptomarket is NOT A BUBBLE
2. There is a lot of space to grow
3. ICO are becoming more and more popular and can beat IPO in perspective
4. Investment funds are waiting for regulation
5. In a long-term perspective bitcoin (or whichever coin will be number one) will have to compete with fiat currencies
📳 All in all, we can see only positive opinions (quite logical, isn't it), cryptomarket started to react, we are keeping watch the situation.
The first crypto exchange to use US stock market giant Nasdaq’s technology is set to launch next month, with US customers excluded “at this point”
https://goo.gl/mBV4Ap
https://goo.gl/mBV4Ap
Cointelegraph
First Crypto Exchange Using Nasdaq’s Tech Announces Launch, Excluding US Customers
The first Nasdaq-powered crypto exchange is reportedly set to launch next month, Finance Magnates reports.
Forwarded from VIP CS GOLD™
Forwarded from VIP CS GOLD™
Chilean Central Bank head thinks crypto regulation could help both better monitor and develop the crypto market
https://goo.gl/jtEhgW
https://goo.gl/jtEhgW
Cointelegraph
President of Chile’s Central Bank Considers Cryptocurrency Regulation, Says It Is Useful for ‘Monitoring Risks’
The president of Chile’s Central Bank believes that cryptocurrency regulation could allow better monitory of risks in the market.