Crypto Currency Trading

01/10/2016

A SCHEME THAT COULD COMPLIMENT AND BOOST YOUR CRYPTO CURRENCY TRADING PROFITS: I AM FULLY INVOLVED IN IT

Not all schemes on the internet are scam. Some are legit and very helpful. Just like the one I am about to talk about.

I have personally reviewed it, tested it and I am fully involved in it. I see it as a very useful scheme that will compliment and boost my crypto currency trading activities for profit maximization.

What is the name of the scheme?

http://bit.ly/2dsNwQa

Not all schemes on the internet are scam. Some are legit and very helpful. Just like the one I am about to talk about. I have personall...

26/04/2016

TRADING BITCOIN AGAINST ALTCOINS IS VERY PROFITABLE
Trading bitcoin is a very profitable venture as long as you are willing to be patient and adopt some useful strategy. I may not be a professional forex trader but the little i have learnt through self study and practical experimentation is really helping in my crypto trading.

some common strategy that are of help to make profit include

1 Buy cheap and sell high
2. sell cheap and buy cheaper

question 1: what do i do if i buy and the price falls instead of rising? am i not loosing?

answer 1: Trading cryptos is not a smooth ride all the time. Dont invest funds you cant afford to loose. however there are more profits to be made than loses. trust me i have been there.

To answer question1. If you notice a fall in price of a coin you bought, some exchanges offer a tool to help you set a stop limit. you can use this tool to minimise your loss if you cannot wait to long for the coin to increase in value.

the second way which to me is the best is this. Lets assume you have 3 bitcoins and you have decided to trade it with litecoin(ltc). Assuming the price of 1 litecoin is say 840,000 satoshis , do not buy litecoin with all your bitcoins at that price of 840,000 sats because cryptos is very volatile and the price may crash from 840k sats to 780k sats.

This is what to do. Use 1 btc to buy litecoin when the price is 840k sat so that when the price falls to 780k sats use another btc to purchase at the new price and monitor the market. if it falls to say 700k purchase again with the remaining btc and then find your average buying price which should be about 773k sats. At this point you start monitoring your investment. Any price above 773k sats is a profit for you which can happen that day, in 2 days or a weeks time. If the price rise to 890k sats and you decide to sell at that price you will be making about 3.454 btc.

At this point you can remove your profit of 0.454btc which is about $190(above N50,000) and reinvest your 3btc again.



I was able to convince a friend to try out this crypto trading after showing him my proof. He reluctantly parted with N15k thats about 0.108 bitcoin i had to assure him that i will insure the money for him. All this happened about 4 days ago. I guided him and we used the 0.108btc to buy an alt coin called syscoin which was doing well. we bought it for 633 satoshis few days later which was yesterday the price rose to 748 satoshis. I adviced we sell at that price and made about 0.13btc thats a profit of 0.022btc.(confirm the price of syscoin at www.poloniex.com)

The profit may not be much but imagine if he invested 1btc, a profit of about 0.18btc ($75 = N21500 or so)would have be made.

26/04/2016

FOREIGN EXCHANGES TO BUY BITCOINS WITH CARDS AND ALSO TRADE THEM
Below are foreign exchanges where you can buy bitcoins with your debit cards

www.cex.io
www.bitok.com
www.indacoin.com

you can also trade your bitcoin with fiat as well.

exchanges where you can trade bitcoin with altcoins
www.kraken.com
www.poloniex.com
www.btc-e.com

you can get more from www.coinmarketcap.com

Buy and sell Bitcoins for USD or EUR with payment cards or via bank transfers easily. Get into Bitcoin Trading on the worldwide Bitcoin Exchange.

26/04/2016

3 WAYS OF MAKING MONEY FROM CRYPTO CURRENCIES
As we all know Bitcoin is the pioneer of all crypto currencies that exists today. The purpose of this post is to inform the readers of 3 ways to make money from bitcoin and other cryptos called alt coins. Get more information about alternative coins at coinmarketcap.com

1. MINING: This is a way of getting these coins and then sell it. it does not come that cheap though. Mining is simply solving complex mathematical problems with the help of your computing power and get rewarded with these coins for solving the problem. In the past it was very easy to mine bitcoin with your laptop. Its a different ball game now because the difficulty rate of solving those maths problem is very high now and requires high end machines to do that is if you want to go solo.
you can join mining pools to get this coins if you cant go solo. if you want to make use of your laptop to mine some alternative coins you can make use of minergate. i use it personally. i will post the link later or you can just google it and download it.

2. BE A SPECULATOR: There are many alt coins that have huge potentials in the future. E.g Ethereum. less than 2 months ago ethereum was sold for less than $0.6. It is now above $5. As a speculator what do you do with this kind of coin. simple, you buy them as there are cheap now and wait 3, 6, 9 or even 12 months before you sell. trust me you wont regret it. There are some alt coins that show a lot of potentials too. Do your research and buy them cheap now and keep. Good luck.

3. BE A CRYPTO TRADER:This is the best and easiest way of making more bitcoin and money. This is similar to FOREX but different in that crypto trading has high volatility and that is where the money is VOLATILITY. I am involved in crypto trading full time. Ever since i started about 5 months ago i have no regrets.

just like FOREX there is a trading pair eg usd/eur , usd/gbp etc. In crypto trading you have pairs like btc/usd, btc/eur, btc/ltc , btc/eth and so on. There are more than 50 pairs you can trade in different exchanges on the net. Just do your research well and decide which is ok for you.

The question is how much can i start with. The good thing i like about crypto trading is that you can start with any amount and you can cash out anytime. I will want to stop here for now.

From time to time i will be posting all i know and think is relevant to crypto trading.

feel free to ask any question relating to trading cryptos and i will be glad to assist with what i know. The information is free and i am not selling any ebooks or asking you to send your email or any scheme to ask or solicite for money.

Thanks