Discover and read the best of Twitter Threads about #CryptoTrader

Most recents (3)

My attempt at humor in the dark times.
What kind of #cryptotrader are you?

Everybody invests differently, but there are some common themes among trader personalities. Do you fit in any of these?

🧵/1
- the tech analyst

”I’ll place an entry as soon as the stochastic crosses the MACD line and hits a Fibb level on the third Gann line”

🧵/2 Image
- the fundamentalist

“Your magic #TA 8-ball couldn’t predict this, but fed is raising rates tomorrow and if Powell scratches his nose it means six more months of low crop yields so SELL NOW”

🧵/3 Image
Read 13 tweets
Do you actively trade your #crypto? Or do you buy and #HODL?

Ever aspired to be a day trader? Or at least be much more active in trading?

Ask anyone though, and they'll tell you "DON'T DO IT!" There are many reasons why that is...

🧵/1
Once upon a time, to day trade stocks, you needed AT LEAST $50k. And the reason is simple math. If you're trading a $6 stock, and intraday gain is only to $6.75, one share only makes you $0.75 profit. So you need a LOT more.

That's out of reach for most.

🧵/2
For traders with smaller bags but bigger dreams, the futures markets were born.

Here, you can trade on leverage. Did you know that for every $1 in price of Crude Oil, a crude oil futures contract is worth $1k?

So if oil goes from $98 to $103, that represents $5k.

🧵/3
Read 18 tweets
0/ Coming in HOT today with a thread devoted to a bunch of #crypto- and #blockchain-related events that took place over the past 24 hours or so. Here we go!
1/ ⛽️ I wasn't joking about that 'hot' thing, for @GetGitcoin have introduced Gas Price Heatmaps (gitcoin.co/gas/heatmap).

Assess the price vs. speed tradeoff vis-à-vis @ethereum gas. Super useful!

Built by @FrederikBolding. It's a visual representation of @ETHGasStation data.
2/ 🆕 Asia's top full-suite digital asset trading firm, @QCPCapital, became the first #OTC trading desk to set up a 'Space' on @AirSwap [ $AST ].

Launched last month, Spaces enable unique environments geared to support connections among groups that trade.
Read 33 tweets

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