A chattier version of the AltcoinTrading.NET strategy post on market timing in crypto: https://www.altcointrading.net/strategy/timing/
About market timing
Market timing has a bad rap.
They say that “Time in the market beats timing the market.”
But this saying was coined in the heyday of stock trading, when it was still reasonable to assume the markets will just keep going up.
Luckily, it is certainly possible to tell whether it is time for daring or time for caution.
That’s what timing tools are for.
MARKET TIMING APPROACH
Market timing is a method to learn about the state of the industry as a whole. In our case that is the crypto industry.
To learn about that means to learn about what’s happening on all crypto markets, even the ones you consider irrational. …
The benefits of DCA, how to do it right, which exchange has the best tools for it.
DOLLAR COST AVERAGING DEFINITION
Dollar cost averaging, or DCA, means investing set amount of money into an asset on a regular basis, disregarding the price action.
In other words.
- To do a monthly DCA into cryptocurrency, you spend the same amount of fiat on that cryptocurrency every month.
- You buy your DCA share of crypto on the same day every month, regardless of how the market is moving.
Part 1.: Introducing DCA in crypto
So.
DCA is a technique that has been strongly recommended by Warren Buffet. Not with crypto, obviously, why would he do that.
If you want to make your own mind though, keep reading.
DCA IS A LONG
It may seem that DCA is a way to avoid making all directional decisions. …
Among the rampant crypto wallet scams targeting Ledger and Electrum, verifying you downloaded a genuine update is more and more important.
IMPORTANT NOTE. Always download new Electrum versions from the official downloads page, electrum.org/#download. Electrum doesn’t know your email address; if you got an update alert via email, it is a scam.
How to verify Electrum wallet via GPG on Mac/Linux
You will need to use command line for this.
All the commands are listed below, no need to be super technical.
Electrum provides installers for all common operating systems, along with their GPG signatures.
We’ll use the GPG signature to verify you downloaded a true Electrum wallet, not an imposter planted to the Electrum website by a hacker.
GPG Signature Verification Step by step
- Download Electrum from the official website, electrum.org. …
Two new token drops ✌️
Via ATNET Airdrops.
Twelve New LATOKEN Airdrops
There are currently twelve new token airdrops on the LATOKEN exchange (DigiByte, Coinway, Payzus, Bitfxt …). All of them are live now and end between 29 Oct and 4 Nov.
If you sign up with the link below you get 50 USD fee credit.
🍏 sign up
ByBit Signup Bonus 10 USD + MORE Rewards After Signup! (no KYC)
Until Oct 31, 2020
ByBit is a trading platform that offers perpetual swaps of large cap cryptos without KYC (Be mindful of risks and legal implications).
In October 2020, you get 10 USD worth of BTC sign up bonus — you need to sign up and deposit at least 0.02 …
One new contest ✌️
Via ATNET Airdrops.
Bitrefill Birthday Contest
Until Oct 26, 2020
Bitrefill turns 6 years old on October 26th and will hold a contest for Best Bitrefill Story, with a 100 USD award in Bitrefill Balance.
Follow @bitrefill on Twitter to get the announcement first.
ByBit Signup Bonus 10 USD + MORE! (no KYC)
Until Oct 31, 2020
ByBit is a trading platform that offers perpetual swaps of large cap cryptos without KYC (Be mindful of risks and legal implications).
In October 2020, you get 10 USD worth of BTC sign up bonus — you need to sign up and deposit at least 0.02 BTC.
For more, go to Rewards Hub after you sign up (see screenshot…
One new signup bonus ✌️
Via ATNET Airdrops.
ByBit Signup Bonus 10 USD + MORE! (no KYC)
Until Oct 31, 2020
ByBit is a trading platform that offers perpetual swaps of large cap cryptos without KYC (Be mindful of risks and legal implications).
In October 2020, you get 10 USD worth of BTC sign up bonus — you need to sign up and deposit at least 0.02 BTC.
There are more bonuses waiting in the Rewards Hub after you sign up.
Staking without KYC on WhiteBit
New!
WhiteBit opened 17 different staking plans with 9 different currencies to choose from. 40% APR, available to the users without KYC. (Be mindful of risks)
🚀 sign up
Also read:
One new giveaway ✌️
Via ATNET Airdrops.
🌶️ Chiliz Twitter Giveaway
Pool of USD 2,500 in $CHZ
Chiliz is promoting the downloads of their new app with a draw of 10 winners by 250 USD in $CHZ tokens. You need to follow a few accounts and post a screenshot of the downloaded app.
Staking without KYC on WhiteBit
New!
WhiteBit opened 17 different staking plans with 9 different currencies to choose from. 40% APR, available to the users without KYC. (Be mindful of risks)
🚀 sign up
Also read:
- How to do coin control in the most popular bitcoin wallets
- What is dust attack?
One new competition ✌️
Via ATNET Airdrops.
25k USD in $UOS Trading Competition @ Bitfinex
25 Sep at 02:00:01 PM UTC to 7 Oct at 01:59:59 PM UTC
Bitfinex is running a trading competition on UOS where the top 10 traders will get UOS tokens of worth between 10k USD (1st prize) to 500 USD (10th prize). The total worth of the UOS prize pool is 25k USD.
To take part, you need to create a subaccount and be verified to intermediate level.
The subaccount holder can be a different person than the main account holder.
Winners are the top traders on the competition leaderboard.
Trade DeFi Tokens with NO FEES
14 days after signup
The token exchange WhiteBit gives you 14 days of zero-fee trading if you sign up with a shill link. …
One new token bonus and one zero-fee offer ✌️
Via ATNET Airdrops
Elrond Catalyst Sale 25% Bonus on Bitfinex
23rd September 2020 (This Wednesdsay) 10:00am — 10:15am UTC
Bitfinex will hold the EGLD token sale on 23rd Sep 2020. Users who want to buy Elrond are invited to pledge the amount they want to purchase.
During the 15-minute “contribution window”, contributors will receive an additional EGLD bonus of 25%.
Trade DeFi Tokens with NO FEES
14 days after signup
The token exchange WhiteBit gives you 14 days of zero-fee trading if you sign up with a shill link.
No KYC until 2 BTC/day withdrawal limit.
Lots of new DeFi projects get listed there. …
One competition and one discount coupon✌️
Via ATNET Airdrops
The Crown of Elrond Competition on Bitfinex
Between 10 Sep (10:00:00 AM UTC) and 13 Sep (11:59:59 PM UTC)
Bitfinex is promoting the launch of EGLD trading with a daily prize pool 900 EGLD for users who deposit at least 20 EGLD and complete at last one trade on the Elrond’s USD or USDt market. Daily prize goes to the first 30 users who meet the condition each day. Competitors must get verified to at least intermediate level.
Opportunity: Ledger Wallet 20% Discount Coupon
Until 21 September 2020 Ledger wallet released a September 2020 discount code. …
