Best CryptoCurrency Trading Tip Ever


I’ve come across a very important trade tip when I was browsing YouTube videos today and I want to share this with you guys. This kind of embodies my whole experience with cryptocurrency and if I discovered this maybe a year or two ago I wouldn’t have made some of the mistakes I’ve done so I’m going to show you guys a very quick video and will explain to you guys why this video is really important to me this video is between Omar crypt0 and has interview with the market sniper also known as francis hunt already without again yeah I do have I’ll finish with one or two other minor tips this is going to help you guys and they can get some of this from me . okay. No shorting No leverage. it takes discipline but that’s slightly more patience yeah this is some of the stuff going up an event in a day just in a day you don’t really stay in the game the way you don’t make the money as you get shaken out the game stay in the game and you’re going to be a winner we have an expanding market that’s the finest thank you so much so what’s up there so this is the distilled knowledge from this experienced trader in cryptocurrency and he said the most important thing which is stay in the game don’t short to yourself by shorting what he means is there’s just sell and hope to buy at a later time for a cheaper price and I did exactly that when I first started cryptocurrency you know I’m not afraid to admit my mistakes and that’s one of the biggest ones you know when I started mining Bitcoin you know I was all excited about it you know I was mining and the Bitcoin was stable at $10 you know it’s unbelievable now but when I was mining it was at $10 right so stable at $10 for three months and suddenly it rose up to $50 and I’m like damn I’m smart I would sell $15 I will buy it back at maybe $1211 and I’m gonna make a fortune well guess what it just kept going and going and going and you know in my heart I was just waiting for that one moment to just buy back and get back into the game but it just went up to a hundred and up to a thousand and now it’s at 2,200 and it’s just so hard to fight that kind of initial instant you feel like oh the market is going to drop tomorrow I really feel it I feel hunch that this market is going to collapse – the bubble is coming I want to sell now. but you know the market will punish you for for overestimating you know when I made the same mistake again this week you know I was looking at a theory announced that you know 100 once a program hundred it’s 130 you know it can’t go up any more it just can’t go up any more you know it had a hard time finding 100 you know going up to 130 you know it’s going to drop down to maybe 110 maybe a bit below 100 I can just sell at 130 buy back at 110 nope same mistakes kept going up and not be serious now at almost 170 again you know that is the key hard hitter here like this is an expanding market and if you feel like you want to short something and you want to buy it back tomorrow then maybe you won’t have a chance to you know this like like I said its growth this market grows at 23 50 percent a day and if you really feel like this is something that you think you should keep then keep it keep it because the market is just insane and the market is unforgiving second thing is also very important as well leveraged trading so this is something that the exchange is pushed to you if you go to Polonia ax and you see can go for a margin and start borrowing money and trading if you go to crack units well you can use a 5-time leverage trade on the BTC – US dollar so this sounds very promising after first because you get five times you quote you can Quinn temple could control your money you know I mean like five five makes five times more money than you normally would so if you’re trading and you’re winning you can like like like not just double but five times your winnings and that is actually a promise that um it appeals to someone who feels aggressive about currency but one thing you have to remember is that the exchanges will always act in their best interest they’re pushing this to you because they can make more money for me to get more fees from you and the actual fact is that if the current season drops by any sort of freak accident you know one just one freak hour and the currency drops by say half right if it drops more than half its the exchange was it’s going to liquidate all your assets you know it’s going to liquidate all your money to try to cover up for that loss and it might just get split second it might just be like this split freak second and you can’t login you know at that freak second to just put more Bitcoin in and your assets are going to be gone so that’s why you should never ever trade on a leveraged position with cryptocurrency because you just don’t have the tools to even do that I mean in real life if you trade on the leverage position you know the exchange can even call you say hey look you’re you’re you’re going to meet a margin margin call soon but you know on in cryptocurrency they don’t have your details they don’t care about you Polonia overloaded as it is they just care about getting more money for themselves and that’s why you never use a leveraged position so guys those are two very P points and I think he summarizes very well on trading of course this is not some trading advice I’m not the trading expert if you guys want to watch market sniper you can check them out on the link below I think he has some great advice if you want to watch Omar’s journey Kryptos journey in consensus and when link is channel below but that’s a very very cool video and that summarizes some key points I think the two key points I think if you guys are trading cryptocurrency what do you guys think about this tip do you think do you agree with the point set or do you disagree I would like to hear both put them on the comments below and also if you like this video please do remember to Like and subscribe to my channel I have tons and tons of videos about cryptocurrency different coins and I even have live sessions so if you subscribe you won’t miss all any of these videos! thanks for watching

100 thoughts on “Best CryptoCurrency Trading Tip Ever

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  2. Market will punish anyway. For example if you hodled i could go to 0 and then you blamed yourself why you didnt sold.

  3. This is true, but if you learn how to read charts, you can know when to sell and where the tops are. not exact points, but relatively.

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  7. This is really not true today. Because there are so many choices as opposed to when you started. You have to be more dynamic.

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  10. I think also important is when you are shorting, don't be greedy, don't set your limit too low, in order to try and get a big profit, you'll be sorry when it doesn't go that low again. And I only dare to short when there's a lot of volume going on and when it's at a very big peak, since there is more change of it going down.

  11. I agree with not using leverage but how can you trade without selling?! If you dont sell high and buy low then thats not trading at all. Thats just buying a load and then leaving it and hoping it will be worth millions one day. The currencies dont just go up. The go up AND down all the time.

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  14. growing market is like an office building with most of the elevators going up.
    Elevators going down are hard to find there

  15. For example , I recently obtained 27,000 coins through Mr ( tyreeford005 @ gmail . com ) my mentor in a tiny new digital currency for just 18.5 cents per coin. Those coins now trade for around $4 each- 1,981% higher. And I invested in another one that's jumped from $1.50 to $10.71. Yet this opportunity is just getting started . Today Mr Tyree showed me the new digital currencies that can turn as little as $10 into over $1million… in the blink of an eye.

  16. Looks like you didn't read about RSI or market behavior.

    Especially in brand-new markets.

  17. Other folks have considerably more resources at their disposal than I do. Am I happy with everything about #Bitcoin. I had just one bitcoin because I couldn't afford more but I have made a lot of money trading BTC against the $ with Mr Beyer and I am not buying more; why? It's all about making more money with less risk for me and I have achieved that trading it other than buying the risk. I suggest you do same guys, email Beyer and get hocked up rbfx @ beyertrades. com

  18. And today BTC is worth over 13k bucks. I totally agree about holding for now.

    Here is a story for you: couple of years ago I had 1.7 million RDD, it was worth 50€. Today I no longer have the coins because I changed them to other alt coins and I used some to buy mining gear, now that 1.7 million RDD would be worth almost 30k. Sigh… I turned the 50€ to over 4000€ in form of various other alt coins though, so it's not all gloom, but it still pisses me off. Never imagined Reddcoin would be worth so much one day, it was supposed to be a dying coin.

  19. be like an electron
    always in the lowest potential energy and you will get some light to move you up

    sell in resistance
    and go to another one of the top 7 coins that in lower percentage in the week or in the day
    in this way you will be always in the market but in the lower potential position

    Remember
    Dont buy in high position

  20. Love Francis Hunt. His rants are the best. Can be a little crazy at times, but he is a veteran trader with an immense amount of wisdom when it comes to the game. You can always tell who the pros are because they can make money on long bets even in a bear market week. He's got some useful videos on how to get out of a bad trade too.

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  22. Thx. I bought ada/ripple at 0.14 and 0.22, sold at 0.22 and 0.78, still out of the market. Heavy lesson so far.

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  24. Retarded, what will you do when it goes offside, when you see the thousands getting pulled away from you in the seconds. Come on man, using charts is for chumps, you need to start watching the orderflow. This is a little better at explaining https://goo.gl/3aokrP

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  27. I totally agree. First trade I did was to buy Cardano, bought 2500 ADA when it was worth 3 cents. I sold it all when it reached 50 cent because I was sure could not go higher but it went up to $1.29… I made very good profit but I should have kept it long term because I belive in the project

  28. Speaking of ethereum, when I started trying to get an account at coinbase, (verification error, numbers do not match) ethereum was at 770.00 now it is almost at 1400.00 dollars. FUCK COINBASE!

  29. I am no longer selling anything,, The only way, is if I see one on the decline and another on the rise but I get in at the bottom of that rise, I might temporarily sell for ether or btc to capture a pump and dump,, I made about $6000. 2weeks ago on WTC and btg But I think that was an anomaly

  30. Lol i think i'm the only one that make that kind of mistake.
    Buy ETC at 9$ sold at 15$ then keep mooning until 45$ now settle at 30$
    Great!

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  32. I enjoy trading as many people do — I hold core positions that I don't trade and I keep them off line (I have a long term position on these) then I have a trading account – it is about 8% of my total holdings — this is what I trade. I also only trade in cryptos that I don't mind holding if market moves unpredictably against me. I believe this market is going to trend up for the next year — so I have found that if you hold everything comes back (as long as you are trading quality cryptos and not shit coins). Markets can move 20% in a day — hit one of this I sell, take profits and look for another tier one coin to buy into.

  33. Excellent tip. We all did this but volatility is a traders friend. No issues with holding some Alts but trading is proven to make more. Every coin will pull back and you can improve your position.

  34. Buy Hold fall from stairs and right jnto coma and …. wake up up check ur depot o.o UR RICH NOW your welcome bro 😉

  35. Everybody needs to buy up some BTC; it would be in our interest to do so. Blocks of 0.5 BTC should be the standard for now.

  36. There's an airdrop coming up, MoneroV is the new coin (hard-forked split from Monero XMR) which is supposed to be airdropped soon. Hodl Monero for now. Thank me later.

  37. Should use stop loss and stop gain orders and trailing stops to lock on gains

  38. New traders think they know where price are going old traders analyze where price has been

  39. Boxminer here is a question or suggestion for a video. If altcoins are reverse correlated to bitcoin, how is it that bitcoin goes down and all the altcoins go down with it? Especially how do all the 1500 crypto currencies go down in price at the exact same time? Can someone explain that

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  41. Thank you Michael, your videos are one of the most important resources for awesome unbiased, daily info on the crypto world. You are a consistently incredible YouTuber.

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  49. I sold 417 LTC and sold 360 NEO for 116. And you have to pick your sells with Elliot waves!! And if it does not go as plan. You have to take your loose and buy back and try again if you know your stuff

  50. So many shitcoins out there where the founders are holding MASSIVE amounts. If the market falls violently and and the they jump ship, there will be so much selling pressure. Im considerinng shorting these types of coins with stop orders about 20% above the price to cover
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    Pounding these turds through the floor with no buyers could be lifetime money in a crash. Any opinions?

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  52. Hello Michael from Boulder, Colorado, USA. I watch your channel most days and think highly of your comments and advice. I so agree with this advice: stay in the game and NEVER trade on margin. Thank you for your efforts. P.S. Just to let you know that not all people in the crypto space are young people, I'm 81 and promote Bitcoin and crypto philosophy to all my friends. Be well. David

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