Bitcoin is one of the most famous cryptocurrencies created in 2009.
Bitcoin is a digital asset, not a physical property.
It is protected by mathematical encryption algorithms.
It is the world's first digital currency that allows instant payment.
Currently, one bitcoin is priced at $3,573.36 (at the time of writing).
Bitcoin is known to be the digital currency most favored by crypto supporters.
Bitcoin can also be used as an alternative to national fiat currencies and traditional commodities such as gold.
Bitcoins can be bought on bitcoin exchanges, mined or otherwise earned.
If you pursue the security of investment, you can choose bitcoin, Ethereum and other mainstream currencies with high maturity.
If you can bear high risks and want to pursue high returns, you can consider some new currencies with low maturity and huge space for future growth.
You can start from the market value of the mainstream currency to start their own investment practice.
This kind of mainstream currency, has been widely recognized by the market, consistent application space is large, the currency price is relatively more stable.
Buy the time must grasp well, pay attention to the trend of the market, buy at the right time, investment digital currency also has a certain risk, luck also occupied a large part, pay attention to the overall volatility cycle, in order to choose the right price entry.
Especially for those who focus on long-term value investment, it is very important to choose a reasonable price to buy the time.
What about the Bitcoin chart?
How to analyze the Bitcoin chart?
Bitcoin chart analysis tutorial
- Dayang line
Dayang line for a red solid column, the highest price is the closing price, the lowest price is the opening price, the general appearance of dayang line indicates that there will be a wave of prices.
- Positive line
The middle line has an upper and lower shadow, which represents pressure and the lower shadow represents support.
The longer the line, the higher the price pressure, on the other hand, the longer line represents the lower support, the price is not easy to go down.
- Bald head line
Baldheaded Yang line has no shadow line only, indicating that the lower support is strong, generally indicates a good market in the later period.
- Bare feet
Bare feet above the line shadow line, the stock price rise in the process of being short side pressure, a breakthrough pressure.
- Small positive line
Small Yang line indicates that both sides of the game to kill a fierce, each other devour, do not give in.
- Cross star
The cross star finally closed the opening and closing prices are flat, the future market is not clear, to continue to wait and see.
- T-shaped line
There are two types of T-lines, the first indicating a strong air force and the second indicating a positive multilateral uplift.
Through the above introduction, believe everybody for the currency chart analysis tutorial, reminding investors here, whether they believe in technical analysis, it is necessary to understand charts are, exclude technical graphics, indicators, long-short game this issues aside, the currency of the information on the level of prices, volume, etc, can fully reflected in the graph, therefore understand the currency chart can reduce the probability of investors lose everything.
''' What is Bitcoin and what is the bitcoin chart? Go1dfish undelete link unreddit undelete link
I don't remember saying anything about trading. If you are vaguely familiar with looking at charts, or listen to someone who knows what they're talking about, then its easy to do better buying the dips that you would DCA.
For instance, any amount I buy is gonna be around 0.5 - 1% of my total holding, max.
It makes much more sense to buy the dips rather than just buy on a set day even though all indicators say the price will be lower in a few days or a week later. I've never sold and won't for a long time, so it's pretty hard to get rekt.
DCA isn't some genius method, it just minimises variance.
Right now for instance, if I had 50k to drop, I'm not gonna DCA in 250 a week... that would just be dumb. Throwing away huge gains.
Some light reading:
''' Context Link Go1dfish undelete link unreddit undelete link
1: www.*ar**t*at*h*co*/st*ry/the-*alla*y-of-*ollar-*ost-*ver*ging*20*2*05*15 2: ****inga****.com/articl*/4*64825-my*h-of**olla*-cost-averagi**
Unknown links are censored to prevent spreading illicit content.
Top 2801-2900 Richest Bitcoin Addresses. Bitcoin distribution. First Input, Last Input, Number Of Inputs, First Output, Last Output, Number Of Outputs, Balance Bitcoincharts is the world's leading provider for financial and technical data related to the Bitcoin network. It provides news, markets, price charts and more. The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin. Bitcoin is the world’s first cryptocurrency which works on a completely decentralized network known as the blockchain. The blockchain network consists a link of blocks that are secured using cryptography and record all the transactions. Bitcoin was first presented to the world in 2009 by an anonymous identity known as Satoshi Nakamoto. 29 Nov 2017 Bitcoin tops $10,000 milestone. By breaking the $10,000 mark the value of Bitcoin increased tenfold since the beginning of the year. read more. 14 Aug 2017 Bitcoin price climbs over $4,000. Since the beginning of the year the bitcoin price quadrupled. For the first time it reached a value over $4,000. read more
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