CRYPTO TICKER

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Monday, May 11, 2020

CRYPTO IS RESHAPING THE WORLD

“Butch says, “who needs school when there’s BTC”? … he’s not wrong!”

Wilbur Theodore Winthorp III [a/k/a “Butch”], used to trade indices, FX, and crude
oil, and currently serves as chief head of “-vegas security” … not satisfied at being
kept in 5th grade the last couple of years, and noticing his income has dwindled
that the girls aren’t as interested in him as before, has made the switch to Bitcoin
[BTCUSD] trading, and he couldn’t be happier … and since he has the perfect
blend of technology & algorithm software, it’s only a matter of time before the
babes return to the fold … just look at that happy face, every time he sees me!

Quite frankly, the financial trading industry is moving so fast, it’s difficult to keep
up with the changes … and as crypto, specifically BTC, becomes more & more
mainstream, block chain allows for trading not dreamed possible just a few years
ago … as always governments, especially dinosaur control freak outfits like the
U.S., are always the last to figure anything out … however, there are “constants”
that remain fixed and traders everywhere should strive to maintain … 1) NO KYC,
or very little KYC, where you send in a copy of ID & maybe proof of residence,
and that’s it … Coinexx is pretty easy when it comes to KYC, and there are no
country restrictions [except maybe North Korea & Yemen] that I’m aware of
currently … however, whenever possible, go with the NO KYC folks and use an
email service like Proton email [free], based in Switzerland, for account
registration, and a VPN like Torguard … this removes any link about you
whatsoever and keeps you private, secure, & anonymous.

For a lot of traders, who aren’t just trading BTC, but also trade FX, stock indices,
or other markets like crude oil, the MT5 platform at COINEXX IS AN EXCELLENT
CHOICE … for individual stock CFD’s, like AMZN [Amazon], and some European
stock indices, CRYPTO ROCKET is the place to trade … COINEXX uses the
servers at Turnkey IT, a different arm of the Turnkey Forex brand, for traditional
markets, and uses others for crypto … overall it’s the best to get the “mostest”
from all markets except individual stock CFD’s … even though I don’t think most
people will mind the KYC at COINEXX, it’s still a pain in the ass, and for some it
might be a deal killer … dunno … there’s also the inconvenience in BTC trading
[or ETH] of 1) no weekend trading, and as you are aware this last current
weekend was slightly “chaotic” to say the least, going down 20% at worst on
Saturday, and 2) leverage on trades of only 5X, or 10X if you choose to take the
margin bonus … even with the bonus, some traders will find this a negative,
simply cuz it’s not high enough.

Right now, I’m in discussions with a crypto broker that’s for BTC traders ONLY,
who have no desire to trade anything else but BTC, and who want 1) 100X
leverage, 2) NO KYC OF ANY KIND, 3) balance in account held in either BTC or
USDT, 4) a very active order book with razor tight bid/offer spreads, and a
“maker / taker” fee schedule that sees the LOWEST FEES going anywhere to
trade … it’s simple really, “makers” add liquidity to the market [order book] and
are rewarded low fees, and “takers” remove liquidity from the order book and
pay a higher fee, and 5) no limit to the amount of BTC that can be withdrawn at
one time.

So, if you’re a heavy solo BTC trader OR WANNA BE!, and aren’t interested in
anything else but BTC, or simply don’t want to pay more than you should to
trade, you’re gonna LOVE THIS PLACE! … I have a few more details to iron out
with them, and I’ll keep you posted … if you’ve always dreamed of trading BTC
like EURUSD, then stay tuned!

Well, if you like trading action, you’ll love a day like today in BTCUSD
… something for everybody, and both long & short signals today in droves
… here late in the New York afternoon, a couple of  trades directly below that
were pure algo signal buys … when you have the updated e-book in hand you’ll
see they fit perfectly.

click on chart to enlarge

There were plenty of others to be sure, and I’ll start highlighting some sell signals
as well … there are very specific parameters for selling & buying, and unless they
are all there, no trade is made … these 2 trades above are nothing unusual in the
world’s finest & free of government interference, tradeable market there is going
… quite frankly, BTC leaves every other market in the frickin’ dust when it comes
to access [24/7/365], leverage [100X], anonymity & privacy, ease of deposit &
withdrawal, and most importantly trading action … and if you’re not trading it via
my e-book algorithm, your throwing money out the window hand over fist
… much more crypto tomorrow! … and if you like crypto trading, especially
BTC, please follow me and sign up on the web page … thanks!

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas





1 comment:

  1. I'm starting to think the algo looks for engulfing and/or pinbars followed by a strong 2nd candle (entry) in the direction that is in line with overall key supply/demand areas.

    ReplyDelete