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RE: HUSH Roadmap - Bitcoin Correction
Hey @joseph,
I'm new to the crypto currency exchange so I'm still learning what are the best practices for a daily trade.
The picture in this text is a software or a web app?
Have you read about VIVA? If yes, what's your opinion about it?
Thanks and nice article!
As of recently I have been flipping some token ICO's, that's the trend, and I have to follow the trend. I do believe most of these tokens have no ground to stand on, but I do not judge these on the business potential. I did not include them because they are short term holdings.
Long term investments must have growth potential, Token ICO's are mostly money grabs, they will cause lots of sorrow in the near future. For new traders I would suggest sticking with high volume high liquidity projects, if you buy and the price moves against you just wait it out, if it moves in your favor collect profit. Try to strip hype from facts, read news on coindesk.com and other altcoin news outlets. Look for projects that will have some good news in the near future.
Daily trading is a pain, a safe practice is not to buy at the top when the hype is in full gear. Everything else is a guess. Try to follow what your common sense tells you. Do not risk more than 30% of your bitcoin in altcoins.
Viva: Ask William, research it, and then tell me what you think, let's assume I assigned you the task of researching VIVA for us. Come back to me with your conclusions?
https://steemit.com/vivacoin/@williambanks/introduction-to-viva-part-6-a-game-of-chains
The pic: https://cryptowat.ch/
Great piece and great extra explanation. Question: How do you determine which projects have high volume and high liquidity?
Exchanges will list coins with high volume on top usually, and you can check the order books for liquidity.
Nice post man joeseph!
Im pretty new here. I make weekly silver calls every sunday with updates during the week for peopel using leverage accounts to trade. I give specific SL, TP and entry for you to follow.
Check it out my brave silver soldiers if youre interested!
Cheers
Thank you so much for the response and tips!
I'm following Viva as much as I can together with a lot of news about cryptocurrency but you know, it's hard to filter the good and bad information.
I still did not accumulate too much crypto money and my bets (and most of my crypto) are still with Steem.
Baby steps.
Again, thank you.
With gratitude!