Kraken & Poloniex - Exchange DDOS / Possible Scam Just Taught Us A Deep Lesson
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-~--~~~--~-
Please watch: "Dash Interview With Crypt0 & Amanda B. Johnson (Interview #2 - May 8th, 2017)"
-~-
Intro: 0:00 - 0:55
Kraken issues: 0:56 - 2:52
Exchanges are terrible, trading isn't worth it (usually): 2:53 - 10:23
The "new to cryptocurrency" story we all know: 10:24 - 12:52
Recognizing the learning experience: 12:53 - 14:34
Outro: 14:35 - 15:26
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Great content as always!
Withrawm all my coins from poloniex , ltc ,xrp ant btc went quiqer as expected . but i`ve read people say that steem withraws (only green one ) werent going through.
If you are going to trade on an exchange look into BitSquare, you keep your coins under your control on your own computer. I have used it several times to swap cryptos without trouble, though I have not tried using Fiat to purchase bitcoin yet, it is possible. As a Canadian, I have found QuickBT the easiest to get Bitcoin on a moments notice, with just an Interact online purchase from my RBC account.
I have personally lost 1BTC($110.00/ea value at the time) on the Silk Road, and 500DASH ($4.56/ea at the time) when Vern at the Cryptsy.com exchange cut and ran!
Last 3 days I manage to triple my btc in poloniex and as always I quickly withdraw all earnings and leave the initial capital. Poloniex provides better liquidity compared to kraken, imo
Wow, crypt0. This is the first video of yours I have seen being a newbie Steemer. As a long time investor I can endorse all the advice you had in this video. Patience and time in the market count for a lot. I started slowly scaling into bitcoin and ether in Feb 16 and have done nicely.
I just recently started taking a bit of the earnings and exploring a few more cryptos on Poloniex, again scaling in small. As you suggest, I would like to take those coins off and keep in cold storage. But, I use a Trezor and it only can store BTC, Dash, zcash directly. It can also store Ether through a kluged arrangement with MyEtherWallet. Any suggestions there?
Great video! Emotion usually gets to everyone, its real tricky not having an emotional attachments to coins you are trading, especially if you're also holding a bag long term but you can get around to it with a lot of practice ;)
what does it mean to close a long? at 11:30 minutes (context between 10:25-12:02)