10 Tips For Cryptocurrency Trading You Probably Knew Nothing About

Every day we look at reports on different information platforms about these and similar things about cryptocurrencies and with the recent market correction the market is confused. Some, such as ABC News, as seen in the video below, reported a possible bubble on the market price a few months ago.
But this is exactly the problem. everyone seems to emphasize the problem, but nobody seems to really want to offer solutions. And those who give enough to drive others do it for a fee in the form of online courses, paid seminars, etc.

That's why I saw the need to publish this post and give some useful tips to guide your trade at a time when the market seems optimistic. In addition to suggestions, I will also share some of the most volatile cryptocurrencies that you should look at and the best of these for day trading.

These suggestions are more safety rules; and as soldiers would like, these lines are written in blood.

Even if we are not talking about risking human lives, losing your coins to act without the right direction is not a moment of pleasure.

So how can we prevent us from making costly mistakes? How can we guarantee that we will always remain on the green side?

First of all you must understand that profitable trade requires a lot of attention; it is not a bet and should never be a bet. In addition to the following 10 suggestions, you must pay close attention to the forces of supply and demand to know when this or that advice applies. It is important to internalize every suggestion in this guide and to understand the reasoning behind it.

10+ Cryptocurrency Fraud and Scams You Need to Pay Attention to

Cryptocurrency is not exactly a contraction that has just been born; The idea of ​​a decentralized digital resource was conceived in the late 1980s by David Chaum, the American cryptographer whose work sparked the information revolution that provoked Bitcoin, Blockchain, Altcoin and a whole new way of consider monetary transactions. .

But cryptocurrency fraud is one of the imminent dangers of this new digital opportunity. In this way, you can make sure that you do not fall into the trap.

The birth of Bitcoin
Ecash, the first form of cryptocurrency and Chaum's original idea, was launched in 1983 to replace paper money. Digicash, the company that regulates this new "non-physical" monetary activity, has raised more than $ 10 million in ten years.

The idea was good and the idea of ​​losing traditional money seduced the general public. And in 2009, a group called Satoshi Nakamoto launched Bitcoin, which was unanimously considered the first (and real) decentralized digital currency.

With the advent of a new era of digital currencies not dependent on banks, many Bitcoin alternatives have been launched. They are called Altcoin and more than 4,000 are currently used.

Live the dream, right? Well, it's not my intention to throw a black cloud over this new world, but whatever the money involved, there must be someone trying to make a bamboo goose.

Cryptocurrency fraud, a hot topic, has taken root and hundreds of thousands of people are being scammed every day. Not exactly the latest news, but the folds have become so complicated that it is increasingly difficult to distinguish the false from the legitimate.

That's why this handy little guide will explain the wonderful world of cryptographic scams and tell you how to avoid them. Let's start with an overview of the most (non) ordinary scams.
Cryptocurrency scams
In general, you should never accept cryptocurrency transactions with companies or startups that are not based on a blockchain. In simple terms, this means that all transaction data can be monitored and evaluated.

In addition, before you start a business or another, you may want to check their credentials - look for business-as-usual indicators such as compliance with the rules for the initial supply of parts and the liquidity of digital currencies .

It's at a glance. So we dive into the most common and the most unusual cryptocurrency scam. Have fun (or not) .

Fall of cryptocurrencies, rise of e-fiat currency?

 have been rolling on pretty rocky terrain for a long time and it remains to be seen what will happen when the first digital currency issued by the central bank is launched. Sweden has indeed expressed the wish to publish a national digital currency in the coming two years. Given the gradual decline in the use of cash in the country, the Riksbank - Sweden's central bank - is investigating this scenario. The e-crown, as they expect to call it, is conceived as an instrument that plays the same role as the tangible crown: a currency independent of intermediaries, accessible to every citizen and usable for every type of payment. regardless of its value.

Sweden is not the only country that has considered the possibility of launching a digital version of the national currency. The Bank of England, the Bank of Canada and the Bank of Israel have established working groups to better understand the implications of such a project and to assess their usefulness and necessity. Although they are still in an exploratory phase, this could potentially affect cryptocurrencies around the world at a time when ICO (Initial Coin Offerings) appears to be the most popular product on the market.

Bitcoin certainly had problems last week after South Korea announced the possibility of closing all cryptocurrency exchanges, a news that reduced the value of Bitcoin by 25%. A final decision must be made today about their fate in the country that is organizing the Winter Olympics this year. But no matter what the outcome is, these drastic fluctuations show how cryptocurrencies are unstable and unstable, so many experts wonder if they can ever replace legally regulated and legally valid legal or digital currencies.

Even one of the most admired investors in the world, Warren Buffet, made it clear that his investment company and investment company did not intend to go that way because they "cryptocurrencies" will end badly. Software giant Microsoft and Steam's digital distribution platform have also stopped accepting Bitcoin as a payment method due to "high commissions and volatility."

Although there is now a lot of hype about reporting, Telegram's announcement of a new ICO, which should be one of the largest ever, may be the time to ask why a growing number of countries depend on (or already have) ) a series of restrictions and regulations imposed on these anonymous and virtual "spaces". From China to Russia and perhaps also to Korea, governments are cautious - and rightly so - with regard to these "cryptos" that seem less and less a "currency" and more and more a simple speculation product.

The Best Articles to Learn about Bitcoin, Ethereum, and Cryptocurrency

About a month ago, I decided to dive and learn more about cryptocurrency because my investment went well.

However, the problem with Bitcoin and cryptocurrency is that it is such a new and rapidly evolving field that it is difficult to find good books or consolidated sources on these topics. You usually have to read blog articles, original white papers and Wikipedia pages to know what to do.

Since it took a while to filter out what was useful and what was not, I thought others would want a list of more useful articles for me to know more about Bitcoin, Ethereum and other cryptocurrencies.

I strongly recommend that you read everything in the "Exciting" and "More about Bitcoin" sections, then choose what looks interesting in the following section.

Enjoy with Bitcoin and Crypto in general
Because Bitcoin matters
From Marc Andreessen

This is the best introduction to why you should be excited about Bitcoin. Andreessen Horowitz was a big investor in Bitcoin-related companies and Marc Andreessen talked about his potential from the start.

"You can hardly accuse Bitcoin of being an open topic, but the gap between what the press thinks of many ordinary citizens and what many ordinary people consider to be Bitcoin and the growing critical mass of technicians believing that Bitcoin is huge remains Soooo so many Silicon Valley programmers and entrepreneurs, and what I think is the future potential of Bitcoin. "

Bitcoin - Money Internet
From Ravikant Naval

Naval wrote this message in 2014 and explained that Bitcoin was more than just a currency online. Analyze some of the potential applications of the technology that start-ups have been working on since then.

"Most people are familiar with (b) itcoin in electronic money, but the most important is (B) itcoin, with a capital B, the underlying protocol, which encapsulates and diffuses the functions of contract law."

How digital currency will change the world
From Brian Armstrong

Brian is the founder of Coinbase and wrote this article to explain how crypto-currencies such as Bitcoin can have a huge positive impact on global prosperity. The short version: As economic freedom increases, prosperity increases and cryptocurrency can offer greater global economic freedom, whether governments want it or not.

"Economic freedom is one of the main problems of our time (with II, quantum computing and renewable energy economies so far) .If we can create more economic freedom in the world, this will be a huge plan. to boost the world, it will accelerate innovation, reduce wars, eventually become 10% poorer, overthrow corrupt governments and increase happiness. "

More information on Bitcoin
The original white paper Bitcoin
By Satoshi Nakamoto

Read once, read other cryptographic information, read again ... continue until the entire document becomes incorrect. It takes time, but you will get there. This is the original white paper in which Bitcoin is introduced and explained, and there is really nothing better to understand about it.

"What is needed is an electronic payment system based on cryptographic evidence rather than trust, which allows two parties available to negotiate directly with one another without the need for a third party. trust."

By reading this article, you earn bitcoins
Van Ritchie S. King

This article helps you understand the blockchain and Bitcoin operating components, which will make the white paper more explicit the next time you read it.

"What bitcoin miners actually do can be described as competitive accounting." The miners build and maintain a giant registry with a record of each transaction in bitcoins of the story.Everyone wants to send bitcoins to someone Another, the transfer must be validated by the miners: they check the ledger to make sure the sender does not transfer money he does not have. "

Information about Coindesk
From Coindesk

For almost every other question you would have about Bitcoin after reading the white paper, you can find a short answer and an explanation here. They explain everything in simple terms and you can ask questions that you did not know you should ask.

Fat protocols
By Joel Monegro

This has been extremely helpful in helping me understand the difference between app / protocol and why it's so important in the case of bitcoin and blockchain technology. It also emphasizes

7 technical trends to watch in 2020

This year, it has already ushered in a wave of technological innovations, ranging from the rise of social robots and personal assistants to the Amazon Prime delivery bet for a day, and the proliferation of voice searches. Only the latter has become a $ 1.8 billion retail segment in the United States in 2017 and is expected to grow to about $ 40 billion by 2022. Amazon Prime's ability to prioritize its supply chain and receiving parcels within 24 hours shocked the online retail world. This year also, chatbots have been implemented on a large scale and are generally well received by customers who would otherwise have to call or send forms. But we are more than halfway through 2019, so it's time to ask: what major technological changes will affect how we live and work in 2020?

1. Mobile commerce
Mobile commerce has been spreading in our lives for a while. People have become accustomed to shopping on their phones through intuitive apps and mobile-optimized websites, but the ability to pay for products in physical stores with Apple Pay and Google Wallet will certainly change our world. If you want to get an idea of ??what life will be like in a world without money and cards, fly to a big Chinese city. Using Alipay and WeChat to pay for almost everything has made life easier for many, and the modest QR code is back in fashion, also used by panhandlers. However, you can expect problems with the phone's battery life to cause a new set of problems.

2. 5G network
Perhaps you have started using WiFi 5G and have you benefited from the speed of light directly from our mobile networks. You can expect more in the future. Although there are seemingly unfounded concerns about what 5G can do for our body, the tidal wave continues to roll. Higher bandwidth provides higher Internet speeds with a simpler configuration process. If that is not enough, 5G networks will also facilitate the use of UAVs and driverless cars, enabling them to communicate quickly with other smart vehicles in the region, an essential element for futuristic and smart cities.

Related: 5 business trends that will continue to increase in 2019

3. Prescription analyzes
Prescriptive analysis has been a holy grail since data analysis products began to spread. Until now, the analysis tools have focused mainly on descriptive and predictive applications. This means that they can better organize and represent historical data in order to "better understand the changes that have occurred" and use this data to predict future events and behaviors.

The prescribed use is where the tool in question provides options to take advantage of the results of a descriptive and predictive analysis. If this sounds like a predictive analysis, you will not be mistaken and the precise definition is debated. However, the requirements analysis has already seen applications in the oil and gas industry and in health care. By 2020, limited prescribing functions may begin to slip into more widely accepted analytical tools.

4. AI as a service
The combination of the SaaS business model with artificial intelligence services could help bring artificial intelligence to the masses without a high price. Although advances in artificial intelligence are progressing in some areas and lagging behind in others (such as voice recognition), there are already some platforms for artificial intelligence providers offering services such as voice recognition. GPU workloads at high speed and Google, Amazon, Microsoft and other large companies. already offer solutions for learning machines and training materials. Proliferation in this sector and the shift to more specific AI tasks offered by subscription should be a development in 2020.

5. Average technological growth of the market
When we talk about growth or decline in the technology sector, we often tend to talk to the biggest tech companies. What changes is the level of interest for medium-sized companies and their growth potential. As investors learn to own, operate and invest in emerging technologies