I just bought my first bit of bitcoin and I’m wondering how I trade it in for cash. Any advice on this and anything else is greatly appreciated

The "Cap" in "Total Market Cap" and "Market Cap" stands for "Capitalization".

Market Cap or Total Market Cap just means "all of it". It's total value. It is a term specific (in this case) to tradable assets. That's it. It's that simple.

Replace the word "capitalization" with "total value" and we are done.

Formula:
If any individual unit, asset or product is worth $1.00 right now and-
If there are 1000 units (in present circulation) then-
Market Cap ( or total value) is $1,000
($1 X 1k = $1k)

For example, Bitcoin’s Market Cap is calculated by multiplying the price of one Bitcoin by the total number of Bitcoins in circulation. Since prices change all the time, market cap also changes constantly.

Total Crypto Market Cap: Similarly, the total market cap of all cryptocurrencies is calculated by adding up the market caps of each individual cryptocurrency. This total changes as prices fluctuate.

We can do this in any market with any product.

Market caps are used by traders to look at the total size and value of products or markets. The big picture.

That's capitalization in a nutshell.

Series7Trader

Which mini crypto has the most fluctuation that is best to trade, buy long, and sell high as a day trader?

Do you have any specific requirements that the coin has to meet to trade? If yes, Please explain.

Let's learn together as there are no reliable source out there to teach us these.

Hello everyone!

I need your help. Before you assume that I should go to google, yt or anything else, please do have in mind that I'm stuck with this problem for a week now and I've tried everything, including ChatGPT. To keep it concrete, I've started educating myself in day trading world and started with spot trading. I've made an account to keep my practical practice in time with my theoretical practice.

In my ignorance I've put 21 orders in couple of weeks timeframe without paying attention if I'm "opening" my position or "closing" it. For clarification; I understand how profits are made in spot trading, but I do not know how to calculate if I placed, for example: 3 short orders and then 1 long order. My 21 orders are randomized in that way and I can't keep track of my profits or losses. Ofcourse, my broker keeps track of my data and situation, but the thing here is that I'm making my Excel Sheet so I can keep track of my data and strategize on what to do next.

So my question is, how is profit calculated if I placed a random position with random action and at random price? Does my 4th order closes the cycle for previous 3? And If my 5th order is Long, does the next Short position closes it?

I'll edit the post if I'm not clear enough.

Good/ not good Safe/ not safe

https://www.gocoinstream.com/a/

I have setup a neutral grid bot on OKX with ETHUSDT and at the start the profit was FANTASTIC for about a week. The recently, price went above grid and I started losing major money big time like back at 0 percent profit (back at my original investment amount).

My question is does the OKX futures grid trail up/ down OVER TIME? Or do I have to manually adjust the grid or just srop the bot?

hello guys,

i have been trading the same btcusdt chart for 4-5 years and i love making trading related vids. currently i am doing a trading challenge on the vids cuz my inspiration is gone. i REALLY want to make educational content and help. if you guys tell me what you are struggling with i can try to explain it in a vid :)

https://youtu.be/Mvmwb5ILA3k

Join Stefania Barbaglio for an Exclusive Discussion on Bitcoin Trading with Sam Price! In this exciting episode of Financial Fox, Stefania Barbaglio sits down with Sam Price, a full-time trader and the CEO/Founder of CryptoLifer.com, to dive deep into the world of Bitcoin trading amidst market volatility. Sam shares his insights on Bitcoin, investment strategies, and market trends. 🔗 Sam Price, a seasoned trader and educator, talks about his approach to navigating the current

I am an experienced trader (stocks and futures) but am looking to trade Bitcoins. Only be looking to swing trade so may be a dozen trades in a year. For now, I bought MSTR. But I am trying to understand how to go about trading Bitcoin itself. I know there are some ETFs around. Also IBKR offers trading BTC futures. What are other options to trade Bitcoin/USD itself and how to go about it? Thanks.

Also knows as- "Expedited Market Adjustments" : )

"Flash Crashes" occur primarily in high volatility markets (crypto).

They are a natural part of market cycles and occur when high leveraged positions stack up waiting to be liquidated.

They are almost always kicked off by a news event that slightly bumps the equilibrium and balance of the market.

This leads to rolling (cascading) liquidations.

Rolling liquidations' main fuel source is overleveraged traders.

Overleveraged degens are in positions that are tediously balanced and are always poised for premature liquidation.

The directional momentum continues until the fuel source is depleted. Just like a forest fire.

These also occur in the mirror opposite version of mass buying events-where the shorts get obliterated.

Regardless, the institutional money is always safe because it is 100% always:

-In mass positions with no stop loss or take profit in force (so no buying or selling will occur)
-Hedged with a complimenting and open position in the opposite direction.

Almost every time we see a huge wick or extreme price changes in a compressed amount of time, it is due to an event that touches a match to the tinder.

Regardless, the Commercial Money eats the Retail money every time.

Lessons? Consider not going full (or partial) ape with leverage/margin.

Hi

first let me tell you that I don't know if this question was ask a billions time before and I am sorry if it was

I trade on the bitcoin/USD from france and on different broker trading platforms, and on all the broker platforms the spread is 106.

I just discovered today after chatting with a buddy who's trading from the Philippines on the exact same broker platforms that his spread on the bitcoin/USD is only 12 !!!

I was so pissed off, and on top of that my leverage on every broker for bitcoin is limited to 2 and him has no leverage limit.

We exchange screenshot to confirm and he was as much surprise as I was mad. I guess all this has to to with European regulation and taxes.

Do anyone know what is the best country and best broker to trade with minimum spread ?

Thank you guys

Ok so i have a noob question about leverage trading on Bitcoin. Please dont roast me and chop me up into a thousand pieces lol I know how the internet can be, you ruthless animals, anyways here is my question.

I am thinking about is making a bitcoin trade with a 100x leverage on Weex with all the remaining balance in my account as margin. So going all in with it. This is probably a dumb idea but my thinking is that there is only 60 dollars in my account since I am a lowly pleb and kind of feel like gambling it. 60 bucks wouldnt set me back to much.

Go big or go home right? i really wouldnt care if i lost the 60 dollars and get liquidated. But my concern is about slippage though. Is it possible with Weex that if the trade goes south and i dont get out on my intended stop loss, that i may owe Weex more than what's in my account?

I am not to sure how all this works i am just trying to make sure before i go and make a dumb choice haha. I ve look on Weex for information about negative balance protection but i can t seem to find it. Maybe you can help me more on my questions thanks

Hello,I am currently experiencing an problem and I will be really grateful for a suggestion.I want to swap my bitcoins to avax but I want an exchange without any registrations and KYC verifications.Also with as small fees as possible for the swap.I couldn’t find one yet and I will be really grateful for suggestions 🙌

I am new to trading. Where do I go for setting up an account (with whom) to trade "title"

I have TradingView charts. I know where to go for a Stock trading account and Futures trading account, but not sure how I get setup to trade the Bitcoin world. Do I trade the above with a MARGIN account?

Thanks for you help

After the attempted attack on Donald Trump, a champion of cryptocurrency, Bitcoin jumped above $62,000 early Monday.

Bitcoin’s resurgence is also driven by two key factors: the German government running out of BTC to sell and a weakening US dollar. A cheaper currency typically prompts investors to seek returns in riskier assets, including stocks and cryptocurrencies.

Michael Saylor, the founder of MicroStrategy, famously tweeted: "Bitcoin is the bridge from chaos to hope." Notably, from 2013 to 2023, Bitcoin has led gains among major asset classes in eight out of eleven instances, showcasing a standout performance. Global economic uncertainties and market volatility are prompting investors to seek alternative assets such as cryptocurrencies.

Ich habe erste mal in mein Lebsn (71 Jahre alt) bitcoin bei Bitcoin.de gekauft. Testweise für 120€. Ich weiß jetzt, wie man an- und -Verkauf tätigen kann. Ich möchte dieser Corona in meiner eigener cold wallet aufbewahren. Sah habe ich kein Erfahrung.Daher is meine Frage: welche Cold wallet ist eure Favorit? Welche Cold wallet ist leicht zu bedienen und preiswert für euch. Ich bitte ihre Empfehlungen..Danke voraus. * Ich habe hır gesucht, ob vorher darüber geschrieben wurde.Leider die Hälfte hier gesendete Beiträge sind Werbung, oder Themen die erfahrener Menschen nur interessieren

🔒 Use a secure wallet:
Using a secure non-custodial wallet is essential for safeguarding your cryptocurrencies. Hardware wallets, such as Ledger or Trezor, offer an offline and secure storage solution for your digital assets.

🚫Avoid unsolicited communications:
Legitimate businesses and projects typically do not reach out to individuals with unsolicited offers.

☎️Verify cold calls:
Cold calls from unknown individuals claiming to represent cryptocurrency projects or financial institutions can be a sign of potential scams.

🔍Conduct thorough Research Before Investing:
Investigate the project's whitepaper, team members, technology, community support, and online reputation.

🌐Use Websites with HTTPS Encryption:
A padlock symbol in the website's URL bar indicates that the connection is secure.

I'm using Bitget. What has to be considered?