Ask yourself— “How many people do I know trade or own Bitcoin?” Ask around and see for yourself, better yet if you do come across someone who does own Bitcoin ask them this. “What is a blockchain?” Be prepared for blank faces, shrugs or just wild guesses.
So, what is a blockchain? Not sure? You’ve come to the right place.
Listen to the weekly altcoinsidekick.com podcast, and you’ll understand the game and what the cryptocurrency business is really all about. We discuss cryptocurrency and blockchains— what they are, how they work and the players behind the technology.
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This alt-coin is attempting to disrupt the world’s most valuable business.
A cryptocurrency wants to muscle in on the most valuable business model in history. How big is the potential, and what problem is this upstart cryptocurrency attempting to solve?
Losing cryptocurrency traders do the same things in all conditions. Winning traders don’t.
Consistent speculators approach the business of market speculation, just like a building company, who price bids according to their expectation of success, factoring in lost bids because they don’t expect to be awarded every bid they make. Before the 5% engage with the enemy, they have studied the lay of the land, and know the expected cost. Like the building company, the 5% know without reasonably accurate expectations, they have little chance of remaining in business.
Trading cryptocurrencies can look easy, but tripwires are hidden in plain site.
The biggest problem with technical indicators is not the indicator itself, but you. Human beings are pattern recognition machines. Subtle shifts, changes in light or sound, and our fight and flight mechanisms kick in. This kept you alive in our hunter-gatherer prehistory, but it does not serve you so well when looking at patterns or shapes on a chart.
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