Cryptocurrency is the big boom in 2019, a market that offers huge profit making possibilities. But it’s also extremely risky so before you dig in it’s better to be educated. Here are a few advices if you want to buy cryptocurrency online in 2019. To begin investing in Bitcoin and other cryptocurrencies you first need to sign up to an exchange which will offer you to buy cryptocurrency with cash. An exchange is basically an online platform that enables anyone to buy and sell Bitcoin as well as any other cryptocurrency that they have listed. There are many online platforms, we will discuss a few of them at introduce you to the hottest crypto local trading platform in 2019 , louiibtc.com.
Learn the Difference Between a Bear Market and Bull Market. General wisdom says “Buy support in a bull, sell resistance in a bear.” Regardless of what type of investor or trader you are… you should learn to spot the difference between a bear and bull market and shift your tactics appropriately. From 2015 – 2017, during a long bull run, you could essentially buy every Bitcoin dip and come out ahead. In 2014 and 2017 buying dips was mostly rewarded with heavy losses. In 2014 and 2018, two bearish years, shorts could short every resistance and profit. In 2015 – 2017, it was rarely safe to short Bitcoin. Knowing the difference between a bull and a bear can be a big deal in any asset, but with the brutal market cycles of crypto, it is especially important to learn the difference.
During an ICO (Initial Coin Offering), startups offer the general public an early chance to invest in their idea through a crowded sale. In return, these investors are allocated tokens at a lower price with a promise to sell them at a much higher price when listed on an exchange. Time has proven that ICOs can quite successful with records showing that some tokens ended up more than ten times the value of the projected returns. But what’s the catch in this, you might ask… ICOs have attracted a large number of investors clearly due to their high returns; however, another large number of ICOs have turned out to be total scams. People have lost millions worth of investments. Read extra details at Cryptocurrency exchange Toronto.
Because of the number of cryptocurrencies that exist, some cryptocurrencies work a bit differently, but most of them share these basic characteristics: Actions are irreversible: After you send a cryptocurrency and the network has confirmed it, you cannot recover it. The cryptocurrencies are one-way, without chargebacks.
Located in San Francisco, Huobi is operated by HBUS Holdco, Inc. (“HBUS”), a U.S. company and strategic partner of Huobi Global, one of the world’s largest digital asset trading and management service providers. At the time of writing, Huobi is only available to Chinese and US residents excluding those residing in Alabama, Arizona, Connecticut, Georgia, Louisiana, New York, North Carolina, Hawaii, Vermont, Washington, and all U.S. Territories. Huobi offers a plethora of token trading options (Over 50 pairings). As we all know, crypto doesn’t sleep and neither does Huobi as they offer their customers 24/7 free customer support. Fees for USD trades are .1% regardless of being maker or taker, all crypto to crypto trades are .05%.
Our over-the-kiosk program enables third parties to sell bitcoins at their retail location without all of the logistics involved in keeping and maintaining stock. Tap into this developing market and stay ahead of the times. Our mobile application allows you to simply enter client transaction details such as the amount, adjust your margins and sell coins to clients without any headaches. Source: https://www.louiibtc.com/.