Discover and read the best of Twitter Threads about #cryptotrading

Most recents (11)

The fact that one is able to buy/sell #cryptocurrency is because someone mined it in the first place. This is what proof-of-work(#PoW) basically is. There would not be any proof-of-stake or proof-of-authority cryptocurrency models, had PoW not conceptualized in the first place.👇
Banning #mining means banning proof-of-work, which is the fundamental pillar behind generating all #cryptocurrencies. Many gamers in India use their computers to earn some pocket money through mining as well as #NFTgaming. For many, it is how they feed themselves.
Read 11 tweets
1/ Support and resistance (SR) is crucial in trading. Especially in #crypto where technical levels are respected. This is the first thread in a series where I will break down SR. I'm starting with the simplest form of SR, psychosocial levels (PL). #cryptotrading
2/ PLs are always useful, but they're best used when a crypto breaks an ATH and you have no price data you can use for SR. $BTC is the first example.

On BTC psych levels are every 1k, starting from 70k the levels are 71, 72, 73, 74, 75, 76, 78, 79, 80, 81. You get the idea.
3/ On smaller caps big rounded numbers can be more powerful, these are called major PLs. The smaller ones are called minors. More in examples below.

Why do these rounded numbers matter? Why is 75k important but not 75,182?

PLs are a self-fulfilling prophecy.
Read 10 tweets
--🧑‍🎓Educational - Linear vs. Log-scale --

Just a quick summary, as i have had DMs about it recently

1. Logarithmic Charts Explained
2. Linear Charts Explained
3. When to Use Log rather than Linear
4. Summary

#cryptotrading #cryptocurrency #Crypto #Bitcoin
-- Logarithmic Charts Explained --

🔹 Logarithmic or log price scale, represents price spacing on the vertical or y-axis dependent on the PERCENTAGE CHANGE in the underlying asset's price

🔹 Think of it as the log scale shows the rate of change over time

#cryptotrading #Crypto
-- Linear Charts Explained --

🔹 Linear or arithmetic price scale, represents price on the y-axis using equidistant spacing between the designated prices / the absolute values

🔹 Think of it as showing the absolute number increase / decrease over time

#cryptotrading #Crypto
Read 5 tweets
The Ultimate Guide to get easy 2x to 5x #altcoin Gains on your own.

Read complete thread
Do "Like and Retweet" so it reaches Everyone

EVERYONE IN #CRYPTO LAND IS LOOKING FOR EASY GAINS, BUT TO REACH #FINANCIALFREEDOM YOU NEED TO WORK YOUR ASS OFF.

Key Points⬇

#cryptotrading
#1
Follow "Big Crypto Influencers" and see which projects are they following. Project Mentions from them sure does pump.

To name a few:
@SheldonEvans @elliotrades @TheCryptoLark @ZssBecker @MichaelSuppo @cryptomanran
My Favs
@ElonTrades @ReySantoscrypto @BiT_SHaMaN_TGH
#2
Check Project VC's - "They Play The Brand Effect"
The Bigger and reputable the VC's are, the chances of getting that coin listed on big Exchanges are more favourable

to name a few
#a16z #hashed #Pantera #polychain
or Exchanges
#Coinbase #binance #coinbase #Almeda #Huobi
Read 10 tweets
What key 8 difference between permissioned #blockchain #setcoin & public blockchain #bitcoin?
Check the thread 🧵 👇

#investing #Finance #finanstwitter #cryptotrading #cryptocurrencies #cryptocurrency #cryptoart #defi #altcoin #CryptoNews #ethereum #Dodgers Image
1. #ESG Compatible with limited energy usage to deploy and run ledgers and nodes.
2. #Scalability: much faster validation, and transaction execution;
3. Generating income from real sector #assets;
Next 👇

#fintech #banking #cbdc #CryptoTownEU #DigitalCurrency #NFTgaming
4. Advanced #identity system for #digital #assets owners #validation;
5. Facilitating #green & #cycling economy transition
6. Diversification between income of green buildings, #renewables, #smartcities, #agtech, vertical farming, technology sector private equity assets
Next 👇
Read 10 tweets
1/

🔥 Proud to announce the addition of the OTC swap feature to the #1inch dApp! 🔥

In a nutshell, it will allow performing zero-slippage trades protected from front-running ⚔️

🌐 Read our new blog post for more details ⤵️

#DeFi #cryptotrading
blog.1inch.io/otc-swap-featu…
2/

💡 Over-the-counter (OTC) trading is buying or selling crypto off-exchange to achieve the 📈 maximum degree of security and privacy.

🚴‍♂️ In OTC trading, market makers compete with each other to offer 🏆 the best swap price to the user.
3/

Since the price is announced upfront and fixed, usually the user gets 💰 a better average price.

Advantage of OTC trading is that the quoted price is 🔒 locked in, and 👤 the user receives the exact quoted amount, with ❌ no slippage.
Read 4 tweets
#BTC #Bitcoin #Ethereum #ETH #Crypto #cryptotrading #altcoin

I will tell you the first thing you need to know be a profitable trader, "the risk management".

How you do that? How do you trade with leverage? I will explain as simple as possible
#BTC #Bitcoin

The rule is you will not risk more than %1-4 of your trading portfolio "per trade". What that means?

Let's say you have $10000 worth of trading account. That means you got to risk at most $100-400 per trade, but how you do that?
#BTC #Bitcoin

When you leverage trade, you "need to" put a stoploss just when you open a trade. When the things got dirty and your stoploss is triggered, you need to lose maximum of %1-4 depending on the market situation. I will explain with numbers;
Read 12 tweets
Like everyone, I've been sitting here watching the fed print money and BTC just rocket 🚀 to the moon...

I'm no economics expert, but that seems like something worth looking into 🤔

I've been hooked on #cryptocurrency ever since. Here is my journey thus far...

(thread👇)
i came at it from an investing perspective. i "got" what the idea of $BTC was (decentralized, trust-less, etc), but there were all these other coins you could buy. WTF are they? what makes them different?
I wanted to do #cryptotrading ...but i wanted to write code and use my dev skills to automate it.

Spoiler alert: that's a huge technical effort and I'm not that smart

But the #crypto community has an open-source tool called Freqtrade that took care of like ~90% of the work...
Read 9 tweets
Community Announcement!! @CrusherBob618 @ChartCrushers
Please all CT Traders give this Bob character a wide berth, he's already been exposed by @RealCryptoV and he is still at it scamming more people with fake results & banning paid members. #btc #eth #cryptotrading #scammer
He has no rebranded to @ChartCrushers but still the same scammer.
Read 4 tweets
Hello friends and fans! Its another opportunity to look at why @FTX_Official Exchange is the game changer in the cryptocurrency space. In the previous tweet, I made you understand that on FTX Exchange, deposits and withdrawals are completely free of charge without any fees.
Today, I will be writing about unique trading products found on FTX exchange. I believe many of you will be shocked to know about many products you didn't know exist on @FTX_Official Cryptocurrency Derivatives Exchange. Fasten your seat belt as we take off!
1. Trump 2020 and other President 2020 Contracts:
This is an interesting product that is exclusively traded on @FTX_Official. How it works is this, if Donald Trump wins the 2020 American general election, it expires to $1 but if he loses, it expires to $0.
Read 14 tweets
With all the strict compliance getting followed by the exchanges across India, don’t see a reason of RBI issuing such a notice #cryptotrading #india
And very rightly said by @aantonop , you can take India out of cryptos but you can’t take cryptos out of India #cryptotrading Image
And it’s not a ban of operations related to cryptocurrency. Trading and owning via different sort of wallets and exchanges is still legit. #cryptotrading #bitcoin #india
Read 3 tweets

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