Intro to Crypto Investing: bitshares, bittrex, blocktrades, coinbase, ICOs, livecoinwatch, mining, nicehash, and more. Saturday 11am EST
Money is constantly sloshing around within the cryptosphere. There's lots of volume and the prices are volatile. For many this represents sheer financial terror as the only certain thing is that crypto has almost no certainty in price. For others it's an opportunity to use trading to grow one's wealth.
It could fit
If you have a few hundred, a few thousand, or even more dollars and have some fears of where to park it where you can potentially earn some amazing gains then crypto could be a good home for your money. While other traditional investments have a million people in this country eager to help you manage the ropes it's still fairly difficult to find someone that can show you the ropes in crypto trading.
The Topic
So, I present to you a panel of relatively small scale investors who can take an average person through what it looks like to trade reasonable sums of money on centralized exchanges, decentralized exchanges, bring it in and out through fiat and all explore some of the tools and approaches that are available to investors.
This is part panel discussion and part training session on what steps are necessary to trade and what resources are available to traders to make informed decisions.
This isn't to necessarily sell you on anything. It's to inform you so you can make better decisions for what is in your best financial future. Any crypto tips or trading advice is strictly personal information and bias by participants. The point isn't to tell you what to invest in, but more about how to invest in cryptos if you choose to do so.
Hosts
I'll be joined by a few panel members to add some suggestions and places they go while making trades.
I have three panelists confirmed: @followbtcnews, @scaredycatguide and @choogirl. I have two others invited that I'll update on later.
@followbtcnews is a day trader who moves money throughout the day. He's a witness that supports the Minnow Support Project.
@scaredycatguide runs a radio show all about investing on msp-waves. He has a book on bitcoin written, and is experienced in the space.
@choogirl is an Australian expat who has been living in a crypto tax haven of Panama and living off of her crypto investments.
Logistics: Saturday Feb 3rd at 11am EST 1600 UTC
This is going to happen through screen sharing and webcams. The live content will be broadcast through mspwaves.com/listen. It will also happen in the PALnet Discord Channel.
Show starts at 11am EST 1600 UTC.
If you'd like to chat and ask questions during the show come here: https://discord.gg/BS8WTzM.
Should be good. I'm looking forward to it. Plus I'm doing well with steemit fame this week!
@choogirl i just skewed through your posts, they are interesing and i want to be like you, i have followed you, kindly follow back.
Thanks for sharing this cus this information is so important to me and a lot from persons right now.
I need to learn from the experts and know more.
I'll be joining the Discord channel to join the session.
Thanks once more
@aggroed This is a Great Idea to help everyone in the Community. You are always coming UP with ways to help people better understand the Crypto World.
@aggroed I respect very much what you do for this community, but I need to get something of my chest that has been driving me insane since I arrived on planet steemit.
Everyone talks about crypto trading! But NOBODY is actually crypto trading! If you are not using a defined stoploss and a defined target, then you are not trading. You are not even investing! People are actually speculating! That is the very best you can do in markets with no history and bugger all liquidity. Only markets with large liquidity can be traded reasonably safely. Your capital can be blown apart in seconds in a non liquid market like most cryptos are right now! Even stoplosses will be no good to you as they can be jumped due to lack of liquidity.
People like to call it crypto trading because it sounds sexy. So please, lets get it right. All we do here is speculate.
Rant over 😎.
Thank you again for all you do for the steem community. I am looking forward to the show.
Is the liquidity aspect an increase in risk and a decrease in stability in the value of cryptocurrencies? Yes, there is speculation involved. Upvoted.
Absolutely correct @joeyarnoldvn. In a market with a low market cap there will be low liquidity, and so one big holder can move the market on their own. Even in a massive market like forex, where a few trillion are traded daily, the bigger players like the institutions can move the market for a distance. Remember beneath the price charts it's about the number of buy and sell orders on the market books. Thank you.
Love the competition.
Great event..thanks for your collaboration.
I will surely be there. been looking for this
Turns out we're all about to get Bitfinex'd.
hope so: or Bittrex'd
And Kraken'd, and Poloniex'd, and so on.
And Oatmeal'd since I'm the Oatmeal Man. Need to make Oatmeal Coin.
Very difficult to get someone to guide you on cryto, I tried meeting a guy but really it wasn't easy. So I stopped anything cryto, except this steem that I read more about. Thank you for sharing with us.
Thanks for sharing this information