How to Get Money from Cryptocurrency And How to Trading Cryptocurrency?steemCreated with Sketch.

in #cryptocurrency7 years ago (edited)

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Cryptocurrency is a technology for making digital currencies that use cryptography for security that makes it impossible to forge. The price value of cryptocurrency is largely determined by the buy and sell power of these technology users. Cryptocurrency or digital currency technology is currently very vibrant developed by various companies and team engineers in various parts of the world. Even Google Ventures also invests in one of the Cryptocurrency technologies. There have been more than 500 cryptocurrencies created based on coinmarketcap.com. Some cryptocurrencies have different concepts and some have concepts that mimic other coins.
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Since the base value of pure cryptocurrency based on buy and sell power is not guaranteed by anything, cryptocurrency is often less than 20% in a day that can actually be used to trade for profit! Especially because in Bitcoin.co.id the cost of trading cryptocurrency is 0% - pure barter.
Currently at Bitcoin.co.id there are 7 tradable cryptocurrencies: Bitcoin, Ripple, Litecoin, Nubits, Paycoin, Dogecoin and Darkcoin (Dashcoin). Apart from Bitcoin which can be sold and bought with Rupiah, other cryptocurrencies in trade all use Bitcoin as a barter tool.
How to Trading Cryptocurrency?
The simple way is basically there are 2 ways:
Buy when cheap and sell when high
Buy when you see an opportunity to rise and sell when the price is higher than the purchase price
What is Altcoin?
Altcoin is a term for cyptocurrency aside from Bitcoin, the acronym of Alternate Coin.
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How to get money from Altcoin?

Altcoin has up and down prices that are more than Bitcoin. Here are the steps to take advantage of image.jpg
first you must redeem your Rupiah with Bitcoin. I highly recommend Bitcoin.co.id because its service is safe and reliable. After that you have to forget about the amount of rupiah currency that exchange. You have to stick to the amount of Bitcoin you have (eg 5 BTC capital). Your mission in trading Altcoin is to Increase Your Bitcoin! (remember not multiply your Altcoin)
Please trade Bitcoin with ALTCOIN (barter). Every time you trade in Altcoin and earn profit then your Bitcoin will increase. At the end of each month please reduce the amount of Bitcoin you get with your initial capital. That is the income you earn. Unless you are interested to increase your initial capital
After getting the Bitcoin difference earned then sell Bitcoin in the market and you will get Rupiah Money for your family's shopping!

Ten Rules in Cryptocurrency Trading
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Ignore biased source info. This is the reason for the pump and dump scheme and all other unscrupulous acts in the world of trading cryptocurrency. Most of the people who post on the special community website of cryptocurrency traders are people who want to make a profit by tricking the new traders who are still inexperienced. They post information that is not necessarily accurate and rumors are not clear in the hope that these new investors will be trapped. Do not just follow their advice but look for news sources that are accurate, unbiased and reliable in making decisions when trading.
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Invest according to your ability. Do not spend all of your savings or your child's college tuition in the future just for trading digital currencies. This rule certainly applies to any type of investment but it's good if we stress again. Invest with funds that you are ready to lose in vain. You must have heard the phrase, "Keep hoping for the best but be prepared with the worst risks". That's what you need to apply here. With a thoughtful investment plan, you will be fine but always be prepared if something bad happens to you.
Determine the goals you can achieve. We need to emphasize that digital currency is not a tool where you can easily become rich in a short time. Maybe if you're a millionaire, you can set goals as high as any, but for the majority of traders like us, you should make a realistic plan and goal for your investment. Even if you only hope to get a profit of 5%, 10%, 15% and so on, keep it running as you plan. The cryptocurrency market is a young and very powerful market, but it can also be chaotic. So you should not act too much and keep walking in accordance with your long-term goals.
Do not panic. Take your time to relax for a moment and learn about the great companies in the world of cryptocurrency and understand what's going on in the market. Do not act recklessly and always think twice in making decisions.
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Do not rely solely on conjecture. As we mentioned earlier, alternative currency markets like these can sometimes move crazy and difficult to predict. No matter how much you experience as an investor, do not be too confident in predicting which direction the market will move. Even people who are used to moving in their hunches try to learn the situation first before acting. We recommend that you follow Trends when trading, read tips and news and watch as many videos as possible to take action appropriate to the situation.
Learn from your mistakes. How great you are as an investor, there must be times when you fail to get a profit. Perhaps our suggestion sounds cliche, but when it does, you really should be able to bounce back and start over after learning from your mistakes.
charts. Follow market trends over time and learn how to read and interpret graphics as taught by Bitcoin Wisdom. You may invest by referring to the current time, but do not make a rash decision on the basis of temporary fluctuations. It will always be better if you are buying and selling based on long-term data.
Love Cryptocurrency. Perhaps you are no longer interested in Wall Street or the financial world that exists today, but it seems with digital currency, you can find your spirit back. But let us remind you again, do not invest with the assumption that you will get rich in no time. Do it because you believe in the concept and potential behind the cryptocurrency.
Educate yourself. The more you learn and the more you apply the theories you can in the real world, the more you will get used to and more reliable in doing so. The same is true when you invest in a digital currency. Coin Pursuit has created a special social network of cryptocurrency users to help you learn, Slicefeeds.com. All your study materials are already there, so there is no more reason for you not to start.
Have fun! Do not spend your entire day just sitting down and watching the price charts all day. Try to wake up your connection with your investor friends and start sharing your experiences and opinions with them. Make your investment in this digital currency as something fun for you!

Cryptocurrency exchanges
Online cryptocurrency exchanges are websites where you can buy, sell or exchange cryptocurrencies for another digital currency or fiat money (USD, EUR etc).
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https://www.cryptonator.com/exchange/bitfinex/
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https://www.cryptonator.com/exchange/bittrex/
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https://www.cryptonator.com/exchange/bleutrade/
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https://www.cryptonator.com/exchange/poloniex/
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https://www.cryptonator.com/exchange/wexnz/
Cryptonator:
Apps
https://play.google.com/store/apps/details?id=com.aev.cryptonator
https://itunes.apple.com/us/app/cryptonator/id859201083
https://chrome.google.com/webstore/detail/cryptocurrency-exchange-r/gffnngoochofmgpkbchpdbdjoijaohog
https://steemit.com/bitcoin/@alfa-good/past-two-years-ago-today-october-3-2017
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