Thanks very much.

I have a bad habit of just talking about my latest trade / what's happening in the market when no-one even asked haha (see what I mean ;) ). Steemit can be costly to me in a sense ;)....but it's also the case that just trading with no distractions can cost lots of money when you make stupid trades anyway! Like last weekend...kept trying catch the bottom and failed, but fortunately made more on the bounce. But yeah, steemit is stopping me going crazy so that's good ...since I now have a distraction which is a good thing in that sense :)

But seriously, trading crypto has got to be the easiest thing in the world. I exaggerate. But it's all just about pattern recognition and experience imo. Ok, so it took me some number of years to recognise what signals to look for. But now I really don't need to think often.... the patterns are like fractals! Will try do some more posts on steemit about patterns I look for.

But this is the thing...you don't need CNBC, it doesn't depend on company fundamentals. Apart from looking out for news about crypto (which is an even easier thing to trade! Buy if some positive news comes out :)), it all comes down to crowd movement. People move in patterns that are just like waves on the ocean. Once you can spot the waves, then you can surf them. I think financial institutions are also waking up to crypto....and even that fact I think could boast the overall value of something like BTC. I.e., the more trading that's done, the more value that needs to be held at any one time, by people trading it!

But to take the simplest of examples, look on poloniex on the 1 day chart. Pick a coin. Is the macd about to go green? Looks like it is for steem for example just about now. Not making any recommendations. But just have a look at Stratis for example on poloniex, and notice the spike yesterday coincidences with the macd going green. Sometimes, this is not rocket science 😀

Final thought: Trading crypto may not always be so simple. Because absolutely anyone can at any day just try their luck at trading crypto. There is no barrier to entry. So already your odds are better than someone who has just started. Compare this with trading stocks/commodities...because of the barrier to entry, the people you are trading against are financial institutions, with probably the best algorithmic trading computers, along with all their knowledge of the market. If these institutions were to dominate crypto, I might not like my odds so much...but I don't think this is the case yet!