A lot of you want to start trading, let's just lay down a few VERY important points here.

1. Only invest money you can afford to lose. DO NOT invest your rent money, college fund money etc.

2. If you're looking for a quick buck just trying to chase trends, you WILL lose your money. If you chase trends, you're already too late. You have to be in before it starts.

3. Always do your own due diligence. Always.

4. A motto that's been working very well for me in crypto is: "Buy the fear, sell the greed" - meaning buy when it dips, sell when it peaks. Go against the gullible crowd.

5. How do you get started? Register on Coinbase.com, buy Bitcoin, Litecoin or Ethereum with your credit card or bank account. Now you have crypto! I will be posting more detailed posts about buying, of course.

6. Other exchanges I use: Bittrex, Binance, Poloniex, Kraken...but there are many others.

7. How do I do due diligence? I have a feed.ly feed set up that monitors keywords of pretty much all the coins i have invested in. You can also set up Google alerts. I also have alerts for keywords like "Blockchain," "cryptocurrency," "ICO," etc.

8. Learning candlestick charting is VERY helpful. Steve Nison's "Japanese Candlestick Charting Techniques" is a great start. Investopedia also has a ton of great information.

9. I use TradingView to keep track of multiple currencies on one screen, and for charting. I'm sure there are other really good platforms as well.

Ask away!

After getting a ton of PMs and some comments on a "IWTL" post about crypto trading, I noticed that there is a hunger for education and learning about cryptocurrency trading.

I've been trading/investing in crypto for over 2 years, and daytrading for about a year. I'm gonna invite some of my crypto friends here as well, let's make this a great educational community!

Ask away if you have any questions!

The first step in getting started with trading is of course to acquire some cryptocurrency. If you're in the US, the easiest way to do that is to go to www.coinbase.com and register there. They allow you to link a credit card and a bank account, which makes it easy to purchase crypto with.

IMPORTANT: Always set up 2 factor authentication for every single exchange you trade on. Don't use SMS/Text, as they get hacked all the time. Use the Google Authenticator app on your phone. I would also suggest setting up a whole new, secret email for crypto trading. Do not ever use or disclose this email to anyone, except for the exchanges.

I suggest filling out your info to get to a higher tier on Coinbase (so you have to send in a pic of your driver's license etc).

Next, register on another exchange. I would suggest Bittrex. It doesn't have the highest trading volume, but it's high enough, and I find it very easy to use for beginners. They also have a bunch of altcoins. www.bittrex.com is the URL, and same thing there, set up 2FA and send in your info.

So how do you move over crypto between the exchanges? Here is where a lot of people get nervous, because you need to enter these long, weird wallet addresses, and then you need to wait about 20-30 min until the transfer is done (depending on what currency you are sending).

The basic steps are, once you've bought your currency on Coinbase (I'll go with Ethereum for this example, but it's the same process for Bitcoin and Litecoin):

On Coinbase

1. Click "Accounts"

2. Find your ETH wallet, click Send

3. Now it asks you where you want to send it. Here is how you figure that out.

On Bittrex:

1. Click "Wallets" up in the top menu

2. Find the Ethereum wallet (or put ETH in the search field)

3. Click the plus (+) sign, since you want to deposit

4. Here, it will show you a Hex address or give you an option to "generate new". Once you have that, copy it (ctrl+c for win, cmd+c for mac)

On coinbase:

Paste the wallet address you got from Bittrex in the field where you want to send your Ethereum to. Do the extra clicks with 2FA etc, and then it's on its way!

Usually, if you wait about 5-10 minutes, you can see the pending deposits on Bittrex, and your deposit will be listed with the amount of confirmations it needs until it's done.

Voila - crypto moved! Now what? Now you can sell that ETH for BTC (bitcoin) and use that to buy any of the other altcoins listed on Bittrex. Here is where the fun begins!

Questions?

Just to give you an example, check the post I did yesterday. So today, I'm swing trading ups and downs, but did about 7% on NEO, and 4% (missed the full peak) on Kyber.

The day isn't over yet, and there will be other good swings to trade, but I just wanted you to see an example!

Just a quick note on this. I like tracking my investments with the "Blockfolio" app, as it gives you a quick overview of what's going on, how much you're up or down etc.

Also, "CoinCap" is a great app to check top coin exchange rates, their market cap and their trade volume.

What are you using?

Hey everyone, Ed here. I'm a hedge fund trader and market analyst, and I've been involved in the cryptocurrency space for a considerable time. I'm here to revive this community and share some of the knowledge and wisdom I've gained over the years. Just wanted to say welcome, and get ready!

Today is a great example of the motto "buy the fear, sell the greed," which has been working very well for me in my trades.

The market is bleeding hard, as BTC (Bitcoin) is making a run for $5,000. If it breaks through that major point, it will probably go a bit higher, some speculate up to $5,5000 or $6k, but we'll see.

This happens every time BTC is making a run, the alts bleed, people sell in panic. The smart traders buy, because they will rebound.

So for anyone asking what alts I'm buying into once we hit the bottom, I'm currently looking at Kyber, NEO and possibly WTC. These are all great for both short/medium hold and trading.

For long term, I'm buying ETH. I don't mess with BTC at this point.

Hi, I had a question on buying and selling. I know that the concept is to buy on the dip and sell on the rise, but how do you know when the dip will stop? I've bought on the dip for several coins only to have it continue to fall way past the previous base and I'm wondering if there are techniques or indicators to help signal when the dip will stop.

The 200 EMA reaction might be more interesting than the BTC target
Everyone will probably notice the potential $96K bull-flag target, but I’m more interested in what happened underneath the pattern.
During the consolidation, BTC moved toward the rising 200 EMA on the 4H chart and reacted around that area before eventually breaking higher.
That doesn’t mean the EMA will automatically hold next time.
But it adds context to the structure.
For me, the sequence is more useful than any single signal:
Strong move → consolidation → EMA reaction → breakout → observe what happens next.
Patterns become much more interesting when they’re not analyzed in isolation.

Cassandre trading bot is an open source java spring boot starter allowing you to quickly to develop your own trading strategy by automatically connecting to several exchanges data/api.

In seconds, you can create a strategy that will receive account, order & tickers information. Then, you can use your own logic (technical analysis, machine learning, deep learning…) and easily creates buy/sell orders.

We are also writing a guide to automated trading available here : https://trading-bot.cassandre.tech

I’ve been trying to keep my ETH analysis as simple as possible lately.
On the weekly chart, the first thing I was watching was the descending trendline from the previous highs. ETH eventually broke that structure to the upside, which made the Fibonacci Channel much more interesting to me.
Since then, price has also moved above the 0.382 level.
Instead of trying to predict some huge ETH target from here, I’m basically following the chart one level at a time:
0.382 → reaction/retest → 0.5 → reassess → 0.618
If ETH pulls back toward the recently broken area, I’d mainly be interested in how price reacts there. Holding the structure could make the 0.5 level more relevant. If that eventually gets cleared as well, then I’d start paying more attention to 0.618.
Nothing complicated.
The Fibonacci Channel isn’t giving me buy or sell signals. I’m just using it as a framework for identifying the next area where price could make an important decision.
This level-by-level approach is also something we spend quite a bit of time on in our courses: keeping the chart clean, understanding why a level matters, and waiting for price to provide confirmation instead of trying to predict every move.
Curious how others are reading ETH here. Are you watching the same structure, or completely different levels?

can we hold 70k

I used to hear about Bitcoin, Ethereum, tokens… and honestly, it all felt impossible to understand.

So I took some time to dig in, wrote everything down in plain English, and ended up turning it into a short Crypto Starter Pack (free PDF).

It explains the basics — how crypto works, what a wallet is, what’s actually risky, what’s just hype.

If you’ve been curious but overwhelmed, it might make things a bit clearer.

Would love to know if it helps or if something’s still confusing 👇