The following article helps to educate you for trading in the Cripboat market as well. And also a guide that you can apply for you to succeed in your trading But I don’t mean everyone will be successful! However, at least you will get the correct trading information. And if you are full of it, I certify that the success will be just reaching.
These strategies are invented to be used in trading. Crypto-Currency only!
“The more you know the market The risk of your trading is even more reduced. “So before I recommend trading binary options with Crypto Currency for you The first thing I have to do is to give you the facts. So that you will receive sufficient basic understanding of optional binary trading with Crypto Currency.
At present, property value in the Crypto currency market is $ 72,656,448,732 (about 7 thousand 2 billion dollars).
The Cryptor Currency 1 of the world is a bit that is worth it. 4,721,561,758 dollars or accounting for 46.8% of the total market value, where the Ethethriam followed as the second rank and Ripple, it followed as the third position.
If you have considered the graph You can see that the graph is in the range of the trend. By presenting the current short to accommodate a new movie preacher that will enter the market more Because the market is big, this size You can come to join the binary options trading. And if you study until you understand the mechanism of the price in the Crypto market, then I guarantee that you will have a chance to make a profit in the Crypto market more than in the normal capital market.
After you have already seen the market overview Another part that I will present is Crypto coins. Popular in binary options trading And how does each coin study the purpose of it?
Let’s get to know the coin
Bitcoin
Bitcoin Designed by the man named “Satoshi Nagamoto”. Bitcoin’s chryscho coin is the most famous in the world. That is the most famous cryo coin in the world And can be considered as the coin that has the most known people At present, Bitcoin coins amounted to $ 21 million and the amount may be changed on 1 Aug 2017 to be an unlimited number which this project is called Segwitx2.
Bitcoin raising is featured. It looks like digital money. Such as baht or dollar At present, its price is in the range of trains up in the top manner. Analysts around the world are predicting that the price of Bitcoin coins may be up to three hundred thousand dollars per 1 BTC in 2020.
Ethereum (Ethereum)
The Ethereum coin is designed by Bulatin Vali Voyager along with the team. However, the ethereum coin is completely different from Bitcoin coins. That is Ethereum coin designed to be similar to being a digital share. More than just a plain coin And initial investors can bring the platform of Ethereum to design and build up as their own coins through ICO funding.
Ripple
The Ripple coin has an initials that XRP is created in the form of Gateway in payment. The banking financial institution will be able to join Ripple, therefore, resulting in the transfer of interbank banks quickly. This coin is also another coin that is growing in the range of legs.
Dash (DASH)
Dash coins have been developed from the coins named Darkcoin, which this coin will focus on the development of the system in order online through DASH medal applications, which will create a quick money transfer. Not slow like a bitcoin coin
Such learning has an innovation that affects the use of people to grow. Making it easier to develop more And meet the needs of every user. So hate this is another coin that the trader is watching.
LiiteCoin
Another popular coin And happened to be called with the Bitcoin coin is liking coin Is another popular coin and was born with Bitcoin However, because this coin lacks developers for a period of time causing the price of this coin is not high, such as Bitcoin coins and this coin is also another coin that is likely to enter the up in the next 1-2 years.
Next, I will introduce important factors to affect the trading of crystal coins which I will conclude from my own experience and will be described as follows:
All types of coins are always related to the news
The price of all types of cryo coins that are traded in the binary option market There will always be a relationship with the news. Therefore, the trader can speculate from the coin without difficulty. The main strategy that traders use trading binary options with Crypto coins is to follow the progress news, especially the news in advance.
If BTC rises up Other coin prices will be higher accordingly
I noticed that If the BITcoin is rising, no matter what day other types of crystallines Will adjust the price as well. Based on this observation, we can conclude simple strategies that we just open the 1-day call contract with coins in all currencies. We can have the opportunity to generate returns of 60-70%.
If the BTC price falls down the price of other coins will agree immediately
Because the coin of the coils is primarily in the market Which has a volume of 46.8% in the market. It will affect other types of coins. Therefore, if the price of Bitcoin coins agrees violently We can open the sale agreement in other types of crystalline coins. The opportunity to predict the price is quite accurate.
Trading by that news is very successful
Throughout the period I do traded in the Cripboat market I have discovered one of the truth that tracking news from reliable sources and from the music coin developer will allow us to predict the direction and price of the most precisely Nham And you will still be able to apply it until you can predict your price correctly almost every time.
All 4 factors mentioned directly affects the price of various types of audio. I recommend that you remember these 4 strategies and apply to trading your own cryo coins.
Important resources about crystal coins
So you get to know the resources that are reliable and fast. I gathered a list of useful resources. Which will definitely help you in your trading:
- Iota.org – Web News from IOTA Coins
- Com – All news in the bits and Crypto
- COM / # News – News from Likyne Coin Developers
- Org – Bitcoin developer web directly
- org / Blog – News from Dash Coins
- ethereum.org – Eth developer website
Every time there is development in the system whether it is a new coin bag development or new features or the news that the hacking еhese are all directly affecting the price of the coin. And you can use it to predict the price
5 steps to trade by binary options as well Currency Crypto
Subscription to be a binary option broker
First, I recommend that you apply to be a binary option broker. Which has many brokers for you to choose to become a member.
But so you get started easily I recommend that you choose to use the iQOPTION broker to subscribe.
The reason I recommend this broker is:
- Supports many forms of cryo coins, whether it is a bit, Ripple, Etherium Iota, etc.
- You can deposit withdrawals via banks in Thailand.
- If you are the correct price You can close your contract without having to wait for the offion to time out.
- Easy to use, suitable for new binary options.
After you have already subscribed I suggest you try to see the menu that trades crypto coins. How are you on the menu? With the following steps.
Trading Current Currency 5 Steps for 1,000% or more (practical teaching)
After you have chosen to study I suggest you try 1 $. You will understand what the system is.
See, right? Trading is not difficult. Which is here if you want to trade profit I still have a formula that will guide you. Which you can use it.
- Select the Cryptobait Coin.
- Set the TF of the graph to the candle to be daily (1 day).
- Let you drag the Fibibenazi line. By starting from the lowest point of the graph to the peak of the graph.
- Trading Current Currency 5 Steps for 1,000% or more (practical teaching)
- Choose to sell Whenever the candles come down, tap the line. And press off when reaching the Fibenazi resistance line.
Trading according to the news
This formula will rely on trading according to And there will be no matter what the resistance line is involved in. We will use the resources below when tracking the graph.
- Iota.org – Web News from IOTA Coins
- Com – All news in the bits and Crypto
- COM / # News – News from Likyne Coin Developers
- Org – Bitcoin developer web directly
- org / Blog – News from Dash Coins
- ethereum.org – Eth developer website
The news that will result in positive
- Coin bag development news
- The news that investors the company joined more investment
- Project news or leap of that coin innovation
- News related to cooperation
- News, adding coins into various trading boards
- Or every time the block of the post It will always affect the price in a positive price
The news that results in the negative is
- Coin hacking news
- News about coin transactions
- News of the spread team
- News, deleting coins from various trading boards
- This news will have a negative effect immediately per coin type
For candles I recommend at 1 hour or more.
The recipes that I have said to this you will be able to use the binary options with your cryptic coins immediately. In addition, you will also be able to apply other binary trading principles. In this way you are right when used together.
Here I will explain how to manage your funding which you will have to pay attention to because if your funding is not good enough the opportunity that you will make profits in the binary option market will be less or may be a problem.
How to manage your funds
Each capital you have will be suitable for how to manage different funds. However, the main Love the sea will use the Mathonggel method. Which is the easiest method? The principle is: The balance is always 2 times by placing the first money to the lowest.
Principles are as follows:
- Let you place the capital as you want. I suggest that you should have a hundred coins up to at least.
- Let you start trading with a low amount, such as one dollar or five dollars. (However, if you have more funds you can increase your minimum amount).
- If you’ve ever been wrong, you increase the amount up. For example, you place the initial amount. 1 If you are wrong, the next page lets you place the second amount if you are wrong. Add to 4 if you are still wrong to add to 8, 16, 32, 64, 128, respectively.
- Whenever you trade correctly let you come back to start at the beginning balance again.
- If you are wrong more than five times, do not force yourself to continue playing. Let you stop trading that day immediately! And let you start the page again the next day.
I suggest that you use this principle to manage your funds strictly because it will be a great guide that will allow you to trade chrys coins safely and you will also be able to create a sustainable market profit as well.
How to manage your mood
If used, I talk about the Percentage of Trading Crypto Coins and the success of trading. I have to admit that the emotions of trading are very affected by the percentage of success called to be very up to sixty to seventy percent. On the trading binary options 1 eye with the mood that will make you experience the most problems.
If you do not want to experience the problem of clearing the port you must know to control your emotions. A simple method that you can use is to strictly adhere to your trading rules. And do not make out of the rules even a little If you accidentally let your mood overwhelm you. You may write notes to remind your consciousness not to make this mistake in the future.
Meditation can result in good results. And will also help you control emotions better as well.
Mood training is important. And you should be serious about it every time you trade Which I certify that if you apply all 3 principles mentioned above сonsisting:
- Trade strategies
- Funding management
- Psychological principles
I believe you will have to be successful in trading your Krypo coin. And get a profit for sure. Here is to improve your optional binary trading skills. I will introduce 2 additional techniques as follows. Which you can apply фnd it will benefit your optional binary trading.
To withdraw the profit you get out of the capital
No matter how much you start with trading capital I will offer more simple techniques that will help break your loss cycle permanently. That is, let you try to trade and make a profit until reaching the price of the capital you use in the birth. My example is 1000 dollars, which when you trade up to this point and give you a trade until you get a profit as the amount of old money after that, all of you withdraw your funds. And use the remaining profit to continue trading.
For example, one thousand dollars:
- Let you trade for two thousands of dollars.
- Then to withdraw one thousand dollars.
- Profit one thousand remaining coins For you to use as a capital in the next trading.
A brief summary, the technique is:
- Allowing you to trade more than double the minimum cost.
- To withdraw your funds immediately.
- Remaining only for profit to continue trading.