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What is the truth about forex trading, bitcoin mining, and cryptocurrency? Are they good if you want to make money but don’t know where to start? The answer may shock you. Watch this video to discover the truth about forex trading, bitcoin minding, and cryptocurrency.
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This video is about The Truth About Forex Trading, Bitcoin Mining, And Cryptocurrency
For the beginners out there who want to know what to do with your coins after buying them… this video is for you! I introduce a variety of strategies that you should be aware of when crafting your own plan of attack. It’s always good to be knowledgable about what works and what doesn’t in order to be a successful trader! Learn from other people’s mistakes so you don’t make them yourself! Topics include: cost averaging, HODLing, buying the dip, cutting losses, and more!
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Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like and subscribing. Running into some trouble or questions? Feel free to leave them down in the comments below!
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Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
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To appease money-hungry lawyers and irresponsible people, it should be known that I AM NOT A FINANCIAL ADVISOR and THIS IS NOT INVESTMENT ADVICE. I am merely educating and entertaining. What you do with your own money is your own responsibility. Seek the counsel of an intelligent financial advisor (good luck finding one) before investing yours or anyone else’s money.
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. In limited circumstances the speaker has been compensated by a third party. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This is not an offer to sell securities. Never invest more than you can afford to lose. You should consult with your professional advisors before purchasing any cryptocurrencies.
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You are watching a very unique Bitcoin technical analysis.
It use Fibonacci ratios + support/resistance to find the best zones to enter and exit the market.
It was developed by Rick during his 8 years of Forex trading.
Here’s what to know when looking at the charts:
Blue triangles are drawn to define areas where the price will usually remains when buyers and sellers agrees on a coin value. Buying at the bottom and selling at the top is a good idea but these are not the best entries. You’ll have better odds of a successful trade when buying the breakout of that triangle.
Green and red rectangles are BUY and SELL points suggested by Rick. Bigger rectangles means better odds of a winning trade.
Green horizontal lines defines zones and I try to buy coins at the bottom of them
Targets are set where Rick thinks the bulk of the move will be done. You are probably better to close a trade there and move your money to another coin with better odds for a move up.
Tips for beginning traders:
– Trading is hard. 90% of traders never manage to be consistantly profitable.
– Greed is your enemy.
– A good trader is a good risk manager.
– Use Stop Loss and dont move them in the middle of a trade.
– The more leverage you use, the more certain you will fail.
– If you cant sleep at night, your positions are too big.
– You need to manage your emotions. Try meditation.
– You dont need to have positions open at all time.
– An average of 1% profit per week compounded will make you filthy rich.
– A good strategy is not the most important part of your success. Discipline is.
– Repeat this mantra: “I am a very good trader”
PS: Please dont use this mantra: “I am the best trader in the world!”, this one is for Rick only.
If you made money with Rick’s calls, and want to sleep well at night, simply donate 🙂
Music is provided by this channel: https://www.youtube.com/watch?v=rCGsPNJ6hbk&list=PL44UysF4ZQ23B_ITIqM8Fqt1UXgsA9yD6
Find more about out crypto trading research and analysis tools over at: https://moocharoo.ninja/bmm
How to get pro results trading bitcoin for beginners…
In this video we show 3 simple strategies that are easy for any beginner trader to implement.
We shoe how by using these 3 simple strategies you could have traded bitcoin this year (2018) and turned $3,000 into $38,033
Successful bitcoin trading is not difficult but it does take diligent daily effort if you want to achieve +1,000% ROI each year.
Here we briefly explain the 3 strategies, but for a more in-depth look at each individual bitcoin trading strategy please check out our previous videos:
1. Heikin Ashi/Renko strategy https://youtu.be/i8fTS8cOrEU
2. RSI strategy https://youtu.be/0WODZB_Hh4o
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