Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Cryptocurrency Trading Guide
    Cryptocurrency Trading Guide
    Cryptocurrency Trading Guide
    Ebook131 pages56 minutes

    Cryptocurrency Trading Guide

    By George Protonotarios

    4.5/5

    ()

    Read preview

    About this ebook

    A decade ago, the issue, exchange, and use of digital money without the intervention of a centralized bank was a dream for the financial industry. That dream came true faster than anyone could have predicted. The global penetration of the Internet works as an accelerator to the acceptance of every new technology that aims to serve the emerging needs of people. Cryptocurrencies can serve that mission by providing fast and low-cost payments around the globe and by offering security, scalability, and programmability via the use of Blockchain technology.

    This is a complete guide to cryptocurrency trading for beginners and advanced cryptocurrency traders. It includes useful information about cryptocurrencies, and extensive educational resources regarding fundamentals, technical analysis, and money management.

    More specifically:
    • Basic Concepts Regarding Crypto
    • Fundamental Analysis & Basic Valuation
    • Technical Analysis Indicators & Theories
    • Money Management
    • Platforms & Exchanges

    Via a wide variety of useful resources and charts, this book aims to create cryptocurrency thinkers who:
    (a) select investments based on fundamental analysis,
    (b) make entries based on technical analysis,
    (c) decide how much to trade based solely on money management.

    In overall, this Book may help readers understand and explain the behavior of the cryptocurrency market and successfully trade the extreme fluctuations of crypto asset prices.

    LanguageEnglish
    PublisherGeorge Protonotarios
    Release dateJun 24, 2019
    ISBN9780463164044
    Cryptocurrency Trading Guide
    Author

    George Protonotarios

    George Protonotarios is a Professional Financial Analyst and a Financial Content Writer.

    Read more from George Protonotarios

    Related to Cryptocurrency Trading Guide

    Related ebooks

    Foreign Exchange For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Why Trading In Bitcoin Or Other Cryptocurrencies Is Playing With Fire

      Jun 8, 2018

      The two biggest players for digital advertising may have finally halted the blockchain hype. In March 2018, Google updated its financial services advertising policy. With these changes, ads for "Cryptocurrencies and related content (including but no

      4 min read

    • Article

      Bitcoin 101 for Beginners

      Oct 21, 2020

      Bitcoin 101 for Beginners
      4 min read

    • Article

      A Crypto Cheat Sheet

      Mar 26, 2021

      A Crypto Cheat Sheet
      3 min read

    • Article

      Crypto vs. Forex Trading: What You Need to Know

      Oct 6, 2021

      New ways of managing, transacting and investing our money continue to emerge as the financial world around us evolves. One major change seen in the last decade has come from the rise of cryptocurrencies (or "crypto," if you prefer brevity) – digital

      6 min read

    • Article

      Bitcoin: Why You Should Not Invest in Today's Fool's Gold

      Feb 20, 2018

      I've been asked about Bitcoin a lot lately. I haven't written anything about it because I find myself in an uncomfortable place in agreeing with the mainstream media: It's a bubble. Bitcoin started out as what I'd call "Millennial gold" -- the young

      4 min read

    • Article

      How Investors Can Prosper With Technical Analysis

      Feb 6, 2019

      Many investment advisors and money managers have a little secret. They will proudly tell you that they rely heavily on fundamental analysis, carefully weighing earnings, market share, competitive environment and demographic trends to select the best

      5 min read

    • Article

      Learn How To Spot A Rip-off

      Feb 24, 2021

      Learn How To Spot A Rip-off
      3 min read

    • Article

      Maybe Too Cheap?

      Jul 24, 2020

      Maybe Too Cheap?
      1 min read

    • Article

      Kings Of Leon Think NFTs Are The Future Of The Music Industry, But WTF Is An NFT?

      Mar 17, 2021

      Last week, the already world-famous rock band Kings of Leon grabbed a few extra headlines for the release of their new album by announcing that it would be available as an NFT. This, the group claimed, marked a music industry first – and an exciting

      7 min read

    • Article

      NFTs: How Celebrities Sell ‘Crypto Digital Artworks’ For Millions - And Why People Are Angry About Them

      Mar 3, 2021

      Grimes, Beeple, Logan Paul, the creator of Nyan Cat, and many other artists and celebrities are making huge amounts of money selling the ownership of digital images. Chris Torres, the artist who first created Nyan Cat, recently ‘minted’ a new GIF of

      4 min read

    • Article

      What Is An NFT And How Do You Buy It? The New ‘Bitcoin For Art’ Trend Explained

      Mar 11, 2021

      Grimes, Beeple, Logan Paul, the creator of Nyan Cat, and many other artists and celebrities are making huge amounts of money selling the ownership of digital images. Chris Torres, the artist who first created Nyan Cat, recently ‘minted’ a new GIF of

      4 min read

    • Article

      NFTs And The Crypto Art Revolution

      Mar 19, 2021

      NFTs And The Crypto Art Revolution
      11 min read

    • Article

      The 2021 Outlook for Bitcoin Prices, Adoption and Risks

      Jan 8, 2021

      Proponents of digital currencies are exuberant about the potential for 2021 after a monster year that saw highflying Bitcoin prices grab control of the spotlight. That's nothing new – but the much wider feeling across Wall Street that "this time it's

      7 min read

    • Article

      How Do Cryptocurrencies Work?

      Jun 17, 2022

      How Do Cryptocurrencies Work?
      5 min read

    Related categories

    Reviews for Cryptocurrency Trading Guide

    4.5/5

    18 ratings2 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

    • 5/5

      Employ iBolt Cyber Hacker for Your Crypto/BTC Reliable Recovery
      Highly Recommended
    • 5/5
      Good book. It helped me understand all the basics and start making some technical analysis.

    Book preview

    Cryptocurrency Trading Guide - George Protonotarios

    PREFACE

    This is the second edition of the ‘Cryptocurrency Trading Guide’ by George M. Protonotarios, a financial analyst and crypto enthusiast.

    Since 2009, cryptocurrencies have changed the rules of the global financial game. A decade ago, the issue, exchange, and use of digital money without the intervention of a centralized institution was a dream for the financial industry. That dream came true faster than anyone could have predicted. The global penetration of the internet works as an accelerator to the acceptance of every new technology that aims to serve the emerging needs of people.

    The ultimate goal of every technology, is to better meet the needs of people, nothing else matters. Cryptocurrencies can serve that mission by providing fast and low-cost payments around the globe and by offering security, scalability, and programmability via the use of Blockchain technology.

    Actually, cryptocurrencies themselves are just a simple application of the Blockchain technology, just the top of the iceberg. Cryptography, Decentralized Apps, Smart Contracts, Smart Assets, Atomic Swaps, and other digital technologies are here to stay, and promise to change our financial universe for good. The decentralization of the financial industry and the tokenization of the global economy seem to be inevitable.

    Many academics consider the crypto industry as a bubble ready to burst, paying a lifetime lesson to everyone involved. These academics simply cannot understand the magnitude of the financial revolution emerging from cryptography and Blockchain. It should be irrelevant if the price of Bitcoin moves from $20,000 to $3,000 and then back to $20,000. What really matters is the revolutionary technology behind the cryptocurrency ecosystem.

    However, from a trader’s point of view, price matters, and this eBook includes a wide variety of useful resources and tips in order to help traders understand the behavior of the cryptocurrency market and explain the extreme fluctuations of cryptocurrency asset prices.

    In overall, this book aims to create cryptocurrency thinkers who:

    (a) select investments based on fundamental analysis

    (b) make entries based on technical analysis and real price action

    (c) decide how much to trade based solely on money management

    Emotionless decision-making is the key to success when trading any financial market.

    George M. Protonotarios, Financial Analyst

    Msc in Int. Banking & Finance Salford, UK

    Linkedin: » https://www.linkedin.com/in/qexpert/

    Chapter 2

    INTRODUCTION TO CRYPTOCURRENCIES

    Basic Concepts

    Basic concepts regarding cryptocurrencies. The APPENDIX of this book covers additional concepts in the form of Frequently Asked Questions (FAQ).

    The Blockchain

    The Blockchain is an open-source decentralized technology that verifies and records all transactions via the use of a public ledger. After the completion of a certain number of transactions, the Blockchain generates a new block.

    A block is a database entry, which stores information about the present and all previous transactions

    Each Blockchain process is executed using an ecosystem of millions of community computers which store their own copy of the blockchain’s records. Only if all copies are in agreement, a block becomes a permanent link in the Blockchain

    Altcoins and Forks

    Altcoins are all cryptocurrencies alternative to Bitcoin. In total, there are more than 2,000 cryptocurrency projects over the internet. A Bitcoin Fork refers to a cryptocurrency built on Bitcoin’s open-sourced protocol (i.e. Bitcoin Cash). There are also cryptocurrencies that have built their own protocols including Ethereum, Ripple, Waves, and many more.

    Tokens

    The ecosystem of cryptocurrencies includes coins and tokens. Tokens are digital projects created through an Initial Coin Offering (ICO) and differ from coins due to their structure. Tokens operate on top of a Blockchain in order to create decentralized applications. These projects trade on cryptocurrency exchanges as common altcoins.

    According to FCA UK, there are three types of tokens:

    Exchange tokens: these are not issued or backed by any central authority and are intended and designed to be used as a means of exchange. They are, usually, a decentralized tool for buying and selling goods and services without traditional intermediaries. These tokens

    Enjoying the preview?
    Page 1 of 1