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Mastering Bitcoin and Cryptocurrency Trading for Beginners
- A Step by Step Guide to Day and Swing Trading Bitcoin and Other Cryptocurrencies for Profits
- Narrated by: Brian Jay
- Length: 2 hrs and 17 mins
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Summary
Don't start trading Cryptocurrencies without reading this book to avoid losses.
Cryptocurrencies rank among the highest value assets that could be owned in present-day world as 1 BTC is worth more than $60,000 presently. One of the conveniences digital money has also extended to societies is the ease of payment up to cross-border payment levels.
Nowadays, payments to other countries are instant and secure, thanks to e-wallets and global payment platforms like PayPal. Therefore, it is imperative to understand how these systems work in order not to be left out of the digital rush. In addition, trading cryptocurrencies is the new wealth creator, and an understanding of how this works is what this book is written to address.
In this book, you will learn the following:
- Cryptocurrencies
- Bitcoin’s ecosystem
- Bitcoin’s prices over the years
- Software and hardware wallets
- Buying and selling bitcoins
- A fork of a codebase
- Hard forks vs. soft forks
- Digital tokens
- Blockchain technology
- Public blockchains
- Darknet markets
- Cross border payments
- Initial coin offerings (ICOS)
- Private blockchains
- Blockchain experiments
- Questions to ask
- Initial coin offerings
- How does ICOS work?
- Whitepapers
- The token sale
- ICO funding stages
- Whitelisting
- Funding caps
- Treasury
- Exchange listing
- When is a token a security?
- Investing
- Who controls the price of utility tokens?
- Risks and mitigations
- Crypto trading
- Swing trading vs. Day trading cryptocurrency
- Managing cryptocurrency
- Trading on an exchange
- Trading using Robinhood
- Market signals
- Indecision candles
- Oscillators
- Support and resistance
- What drives market momentum?
- Looking for uptrends
- Downtrends
- Flags
- Moving averages
- The rule for moving averages
- Types of moving average
- The golden cross
- Death cross
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