DislikedI just got into cryptocurrencies 3 weeks ago and have been following a few of them. They have a very distinct behavior and I'd say it looks like the DOW more than anything else. They are in an extremely strong uptrend since inception. The pullbacks are beyond obvious. Looks like one of the easiest markets to trade. The only problem is price manipulation since liquidity is low and broker cyber attacks. Last Sunday I witnessed a major selloff on ethereum on the kraken exchange. Price dropped from $90 to $30 and back to $90 in 1.5 hours. While this...Ignored
DislikedI have deposited money in GDAX, subsidiary of coinbase. From what I read, they are the most secure exchange right now. Located in the US and sponsored by Wall Street. Kraken and Poloniex are also US based and seem safe. Bitfinex is based in Hong Kong and I haven't read anything bad about them. I haven't started trading yet since my deposit hasn't been deposited yet. I'm not exactly sure how the costs work. Cryptos have very different fee model. Market orders have higher commission than limit orders to encourage people to provide more liquidity....Ignored
DislikedBuy the dips in the uptrend. It's very obvious. Long bear bars with high volume. Watch the PA after that happens.Ignored
DislikedThe only problem is price manipulation since liquidity is low and broker cyber attacks. Last Sunday I witnessed a major selloff on ethereum on the kraken exchange. Price dropped from $90 to $30 and back to $90 in 1.5 hours. While this was happening their site was getting DDOSed so nobody could log in and trade. Somebody did a very well organized attack and manipulated price while making sure nobody would be able to react. This only happened on the kraken exchange. Price was stable on all other exchanges and there wasn't even a sign that anything...Ignored
DislikedYes you are buying real cryptos. You can transfer them to a wallet, a different broker, or purchase stuff with them. Brokers I have heard to be good are GDAX, Kraken, Poloniex.Ignored
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