" @scottmelker. Bitcoin On-Chain Exchange Metrics: The Good, The Bad, The Ugly. Cryptocurrency exchanges are major driving forces in the digital assets market.
It is where most trading happens and prices are made. It is therefore important to track exchange activity on-chain, e.g. the bitcoin supply exchanges are holding at any given point in time, and the amount of BTC that is flowing in and out of exchange addresses. #Heatmaps thread In this thread I will explain what are heatmaps, how do they work, how I use them to have edge and what is the current market situation based on this. Many people ask me when I post a heatmap, so this should be useful for many. Let's star. Heatmap Basics - TradingLite.
How Poker Has Given Me a Kick-Start in Trading. ♥️♠️♦️♣️ Veteran Trader: Don’t Break These 11 Rules Trading Bitcoin and Crypto. Experienced traders learn from the lessons of the past and develop specific trading rules to avoid making the same mistakes twice.
They stick to their rules, no matter how much temptation there is to violate them. Everyone has a different list - here are some of mine, which I keep posted next to my screen to make sure that I check them before entering a trade. [THREAD] How I turned $32,000 into $1.2m and back to zero. The #1 Mistake Beginners Make Investing in Crypto. FOMO = Fear Of Missing Out BTFD = Buy The Fucking Dip CT = Crypto Twitter ATH / ATL = All Time High / Low FUD = Fear, Uncertainty, Doubt KYC = Know Your Customer NFT = Non-Fungible Token ROI = Return On Investment HODL = Hold On for Dear Life DYOR = Do Yo.
The Inner Game of Crypto. 17 Rules for The Inner Game of Crypto 1.
Falling Down the Rabbit Hole is an Emotional Roller Coaster You’ll experience many ups and downs. Breakdowns and breakthroughs. [Thread] Let's discuss cross-coin price correlation. Bear market = $BTC dominance index rising / Bull market = $BTC dominance index falling. Trading Rules.
Bitcoin Futures Contract. Trading Bots. How to trade cryptocurrency: A glossary of terms. My Top 5 Trading Resources. Books. Portfolio Trackers. Pump & Dump. CryptoTwitter Traders To Follow. What is API trading and how is it applied to crypto?