When to trade cryptocurrency for profit
Simple Method To Make $100 A Day Trading Cryptocurrency As A Beginner | Tutorial Guide
what's up guys and welcome back to
another video now boy oh boy do we have
a bit of a bloodbath right now I mean
12% Bitcoin theory him down 11% ripple
down 11% be cash who cares like coin 165
dollars Wow Neal 84 dollars Monaro 256
that is absolutely ridiculous on the USD
chart of fact I'm gonna take a look at
mine err on the BTC Oh 8% it's pretty
tasty to be honest Monroe's not bad
right now so in today's video guys I'm
gonna be teaching you how to make money
from trading if you are a complete
beginner now it's a very very simple
method an easy thing to do and all you
need is really a bit tricks or a buy
Nance or BitFenix account something like
that and then you can use a platform
called trading view which is here you do
not have to use that though although it
can help but in in essence all you
really need is coin market cap which of
course everyone has and a website like
bit tracks or BitFenix or by Nance
something like that so it's gonna be
really really simple and easy if you to
follow along and get some great advice
how you can make 50 to $100 a day extra
on top of your income just to make a
little bit more passive income now if
you do like the sound of this video and
you are interested in getting more in
depth videos about trading icos
mining and how you can profit from
cryptocurrency in general I recently
launched the Bitcoin blueprint it's a
fully developed course with over 40
videos in there teaching you exactly how
you can make money online with
cryptocurrency I do still there are
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definitely check that first link down
below if you were looking at taking
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2018 however if you're not bothered
about a paid course or anything like
that I do have three videos for free on
mining I sales and trading I'll be the
second link down in the description so
enough for the shameless plugs and let's
get into the video this video I'm going
to be teaching you how you can make
money trading if you're basic
a beginner or a newbie decryptor now
even if you've been in crypto a few
weeks or a few months it's this isn't a
guaranteed method but it's pretty much
the easiest way that you can make any
money in crypto with trading without
investing and into any schemes or mining
or anything like that you're pretty much
in control of your money somewhat so you
want to go over to coin market Capcom
and rather than viewing the prices in
USD because most people don't buy in USD
as you can only really buy from coinbase
like Bitcoin Bitcoin cash like corn
etherium which is not bad most people in
fact trade in BTC Bitcoin so come over
to coinbase click here and click BTC now
we're going to see the prices in BTC
we're going to see the volume in BTC the
price in BTC and the change in 24 hours
now the change in 24 hours is going to
be the thing we're interested in so we
just click this once it'll give us the
highest gain and boy or boy has any
ambient doing well through this crash
and we're gonna click change in 24 hours
again and this is gonna have give us the
biggest decrease in the last 24 hours
against BTC against Bitcoin now pretty
much if you see a coin on here in the
top let's say top 5 top 10 here on the
biggest changes if it's a reasonably
decent coin and it's got a good strategy
behind it it's got a good team
everything like that and you can go
ahead and check it out check where
previous support was check where
previous resistance was I'm gonna show
you that in a second but you can really
start to make a bit of profit every
single day just by finding the change in
24 hour coins now this is super super
super like not newbie but super kind of
beginner
but the tactics still work regardless if
you're a beginner or advanced I do teach
more advanced trading tactics in the
Bitcoin blueprint so if you were
interested in that
the first thing down below but we're
gonna take a look at one down here that
it's pretty popular you want to be
looking at volume as well you want to
have a volume of 24 hours of a round
you're looking for around 500,000 to 1
million or more USD so if we go ahead
and 500,000 divided by what's Bitcoin
right now like
9,000 we're looking at around 55 or more
Bitcoin in the last 24 hours
so most of these have that block neck
doesn't have that but anything let's say
about 50 to 100 Bitcoin you're gonna be
fine trading it should be okay so we do
have nano down there that would be a
great one but for today's video i'm
gonna be using bit tracks so nanos not
listed on bit tricks but Nana's been
decreasing by 10 percent recently so if
you got into that that could potentially
be quite profitable but I'm gonna come
down here to one called see a coin now
see a coin is basically cloud storage I
was already invested invested in it all
the way back here and I sold at the peak
here at the pump and took my profits and
I bought back in around about down here
somewhere so I do trade see a coin quite
a bit I do know it a little bit well and
it's definitely a nice coin and the
volume is 6.8 million in 24 hours
so there's definitely volume there for
you to trade with so what you're gonna
want to do this is slightly more
advanced but you can still do it go over
to trading vidcom you can make yourself
an account completely free to make and
basically when you get on your account
in the top left hand corner you just
want to type s see which is the
identifier for SIA coin now you may see
all these lines on the chart
the RSI the MACD the Bollinger Bands you
don't have to have these it does help if
you want to add them you just come up
here to this little line here indicators
click on that you can type MACD add the
MACD you can add the RSI relative
strength index bought like overbought
and oversold and you can add the
Bollinger Bands and the moving average
my RSI is set to 30 and 70 and my
Bollinger Bands I believe are 25 close
to so they're pretty standard sets the
easiest way to see if it's going to be
potentially interesting to look into I
think is by cross-referencing the RSI
and the Bollinger Bands so this is just
very basic tactics guys so you want to
add will get will get rid of the MACD
will get rid of the MACD for now we
don't need the map team so we got rid of
the MACD now we have the RSI and the
Bollinger Bands and of course the price
so we're going to minimize this because
it's a bit
annoying so we're gonna go ahead and
look at the one-hour chart and we're
gonna reference this to the 4-hour chart
as well we can see here on basically the
very very basic fundamentals is when the
chart when the candlesticks touch the
lower portion of the Bollinger Band
that's pretty much when we can see them
maybe bounce off them if you just think
of these Bollinger Bands it's kind of
like they bounce off it whenever they
hit them yes this is very very simple
analogy I go over it more in my Bitcoin
blueprint I'm just trying to give an
overall beginner's guide to this so you
reckon end doing some research on
Bollinger Bands and also the RSI
relative strength index and this will
give you more information about it but
effectively once we have hit the bottom
Bollinger Band in some point we will see
an increase and you can you can kind of
monitor this with the RSI so we can see
down here the RSI whenever it crosses
under 30 RSI that most traders that
triggers that they want to buy into the
coin or the token whereas when the RSI
goes outside of the of the bands above
around 70 now you can set this to
whatever you want 70/30 is pretty
standard in the industry I keep mine on
70/30 but you could put it for example
1090 or 40 and 60 something like that
just depending on how risk-averse you
are so we can see here once it's crossed
out of the RSI it has in fact drops and
most people use the RSI as a trigger of
when to buy and when to sell now you
might think okay that seems a bit easy
but if you take a look back at the
market here we can see the RSI here it
crossed out of the 30 band which would
trigger that the the coin is in fact
overbought so many people may be selling
it if it's overbought many people might
want to sell it this is just basic
fundamentals so when it crossed out here
over the RSI below 30 we can see them
we've we followed a pump all the way to
out of the RSI above 70 now this in very
basic terms will trigger a lot of
traders too if I buy it here and then
sell it here now this does not always
work of course it doesn't everything is
different in trading you can't truly
predict the market exactly technical
analysis is good
for some chump standpoints but a lot of
media and thought plays a huge deal in
in my opinion anyway so we can see here
if you were to bought in at the bottom
here when it crossed out the 30 you
would in fact sold here and it would
have been great you made a pretty decent
profit but we can see here it does in
fact have almost false triggers so we
can see here it does touch here it then
does go back up but then then I kind of
has a double bottom like so so it's
definitely interesting to see if you did
want to go ahead and buy some see a coin
all you got to do is go to bid tracks
make your account go on to be BTC market
type in SC that identifier click see a
coin and we can see it's down 7% against
BTC which is pretty interesting now to
buy this all you've got to do is have
Bitcoin on your bit cheques account you
just got the wallets and you click the
plus button and then deposit your
Bitcoin once you got your Bitcoin on
there you can effect in fact go ahead
and trigger a market by order so what
you want to do let's say for example you
want to get in act let's move it to the
our charm well we want to get in up so
the previous support was at around 155
stowe she's I believe so if we were to
get in around now and then trigger a
sell order for around 104 yester the
spot was at around 155 Satoshi's so if
we were to get in now and trigger a sell
at around 149 150 - we couldn't that
make a small profit now I'm just doing
this a couple of times a day can easily
make you fifty to a hundred dollars per
day very very easily so this has just
been a pretty basic video about trading
of course I've said this a million times
I have got more advanced trading videos
in the Bitcoin blueprint you can come
down here and have a look over the
course see trading videos here and I
will be adding trade new trading videos
every single week exclusive for the
course so that's definitely very
interesting so let's say for example
you're wanting to buy point one Bitcoin
worth of see a coin how would you do
that
well basically you would come over to
see a coin you would have your BTC in
your wallet as I said before click the
plus button and then you'll be coming
down here now this is the trading
section this is buying CA coin this is
selling coin
you can see I do hold around 106,000 see
a coin right now no I'm not trying to
promote this coin I don't care if you
buy or not I think the tech behind it is
pretty interesting and that's why I'm
buying it and holding it but if you
wanted to buy 0.1 Bitcoin worth of see a
coin you come down here in time 0.1 you
would then select the price you want to
buy see a coin app now do you want to
buy the last market price well if you do
click on price here and click last that
would in fact get you sixty eight
thousand three hundred and twenty one a
seer coin but you might not want to buy
at that price you may think the market
is going to drop from doing your
analysis and you may want to in fact go
ahead and buy it at 138 to Toshi's you
can just click last here and then you
can in fact alter this here to example
138 satoshis once you've done that you
just type 0.1 BTC again and basically
you get 72 thousand see a coin you just
click buy see a coin and then if the
market reaches that price bit tricks
will automatically fulfill that order
and your order will be seen down here in
open orders now if you didn't want to
sell it of course once you bought it and
you bought it you can then set select a
limit sell now let me check go on the
one hour chart for example here we can
see that there was in fact a lot of
support around one hundred and fifty
five hundred and fifty six maybe a
hundred and fifty seven satoshis line I
did say that earlier so you maybe you
want to set a sell order before that if
you want to be a bit risk-averse or if
you are willing to take a few risks you
could in fact set a sell order for maybe
higher up here on this support level
which is around 175 Satoshi's so I would
recommend if you just want to get a
small profit you can in fact set it for
about one hundred and hundred and then
we go on a 30-minute chart around the
hundred and fifty 350 to mark so what
you do you would type in here the units
you want to sell which would be 72
thousand like so I'll just copy that in
here for now BTC
what price do you want to pay I said a
hundred earned what did I say
one hundred
and 153 let's say 153 satoshis you do it
to 153 Satoshi's and then you would type
in the amount you want to sell like so
and you can see it in fact make point 1
0 3 bitcoin so you'd make a profit of
around 105 110 dollars if you were to do
something like that now that's a very
very simple trade but if you can see if
you do something like that every single
day you can easily make a hundred to two
hundred dollars per day profit now this
is as simple as just going over the coin
market cap and checking the the losers
of lefted losses that sounds really bad
but checking the the biggest loss of the
last 24 hours
and simply buying that coin now this is
really basic fundamental trading advice
yes you can make 50 to $100 a day easily
doing this as I showed you just now I'm
not gonna be purchasing this sorry I'm
not gonna be purchasing this sell order
and buy order because I already hold see
a coin and I'm pretty happy on my
position where I bought in but this we
can see would make you point zero one
Bitcoin profit which is really nice for
a trade that would probably take you
maybe around three four hours and you
that trade could get fulfilled so thanks
for watching guys if you haven't already
click the first link in the description
check out the Bitcoin blueprint I have
so many videos on there about trading
ICL's mining how you can profit with
cryptocurrency in 2018 if you didn't
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watching guys keep waddling and I'll see
you in the next video
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