You’ll get everything you need to be successful including top tips, lessons, lifestyle and motivation from top female traders on Instagram. Recommended reading for new traders: The Best Platforms to Trade Online Crypto, Stocks and Forex; Sell Bitcoin & Trade Cryptocurrencies. Jun 07, · If you are an Instagram user and Bitcoin adherent, then you’ll appreciate this post. We went trough all Bitcoin-themed Instagram accounts and have chosen 5 best ones for you to follow. These are definitely worth your attention! @Bitcoindoc – a documentary about computer programmer Dan. After discovering Bitcoin in , his love and obsession for [ ]. Nov 05, · Followed by k people, popular Instagram crypto trading guru concentrates on why bitcoin moved, rather than mathematical calculations. Thus, if you want to go deeper into the market, this profile should be within your radar. Bitcoin is primary crypto that KJT works with but there are posts that touch upon specific alts.
Instagram bitcoin tradersTop Bitcoin Traders on Instagram - 8 Investors and Influencers to Follow
For starters that need data for fundamental analysis and crypto price predictions , koreanjewtrading would be a good spot to start at. Followed by 6. Thus, if you want to go deeper into the market, this profile should be within your radar. Bitcoin is primary crypto that KJT works with but there are posts that touch upon specific alts. He trades on Bitfinex, Kucoin, and several other platforms, changing and transferring coins depending on market trends. Read our Bitfinex review for further information regarding this trading site.
If you are only interested in big accounts with lots of followers, then Cryptoexplorer should be within your radar. With over thousand subscribers, this account offers a variety of information freely. It covers crypto education, trading tips, news from the industry, and advises on crypto trading strategies for different coins. His trades usually comes from the Binance trading site but cryptoexplorer rarely sticks with one site.
Rather, the crypto trader likes to diversify his investments, often concentrating on several sites at once. Cryptoexplorer publishes a lot of interesting facts and calculations on Instagram.
Below you can see a screenshot from April with a lot of comments and likes. He has followers on Instagram and focuses on funny images connected to cryptocurrencies. He is a Co-host of Beards and Bitcoins Podcast. Another good Instagram account to follow is CryptoPlayhouse , a company that provides analysis and trading signals for its customers. Although a bit more uptight than other, more laid-back accounts, they do have large experience when it comes to BTC and Altcoins trading.
With them, you can track down technical and fundamental data and how to utilize them in your overall analysis. Moreover, CryptoPlayhouse has its own website where you can subscribe to news and trade courses. They mostly operate on Binance due to a large number of altcoins available for at the site. They usually trade Bitcoin but if conditions are right, many other altcoins are part of their portfolio. In April Cryptoplayhous Instagram account has followers and posts.
However, its at this time, also up for sale. Hartman is a famous crypto hedge fund manager with an Instagram account.
Hartman delivers both crypto trading and life tips. His Instagram account has If you are looking for a simple explanation and trade news, thecryptograph would be one of those accounts to follow. By avoiding these traps, users can better their chances of success and protect their investments. These are some of the most common scams and how they can be avoided. For users who are concerned with security and privacy, a hardware wallet—a physical device that stores their private keys—is an increasingly popular option.
Usually, as small as keychain USB drives, these wallets offer an offline way to help crypto investors protect their bitcoin even further. This is far from the only issue, however. According to Ofir Beigel, the owner of 99Bitcoins. This creates a backdoor that allows hackers to drain funds once a wallet is activated. These scams are becoming more common, but they can easily be avoided by only accepting wallets from trusted sources.
Despite their decentralized nature, most cryptocurrencies are still bought and sold at exchanges. While this makes it easier to find the coins investors desire, there is still no regulatory body overseeing these exchanges in many countries.
Thus, many investors have been left penniless when the exchanges they signed up for turn out to be traps. One of the biggest red flags is the promise of unrealistic prices.
Exchanges that promise heavy discounts on bitcoin use this strategy to lure in unsuspecting victims. Visiting unsecured websites is a bad idea, but alert investors can avoid losing thousands by looking for the right signs.
One of the best results of the cryptocurrency boom has been the rise of the initial coin offering as a way for companies to raise capital. With thousands of new blockchain-based companies entering the market with unique ideas and exciting projects, users can now back their favorite businesses easily. However, this massive explosion of ICO opportunities has inevitably raised the specter of fraud.
There are several ways scammers can separate investors from their bitcoin. One popular method involves creating fake websites that resemble ICOs and instructing users to deposit coins into a compromised wallet. Centra Tech, for example, a blockchain venture backed by several celebrities, has been sued in the US. The company stands accused of portraying fake team members, misleading investors, and lying about their products.
Mining is the only way to extract new bitcoins without buying or exchanging them, but it has become an incredibly resource-intensive activity. Due to the unique way new coins are mined, it takes massive amounts of processing power and electricity, and thus money, to mine a coin. However, many companies now offer regular users the ability to rent some server space to mine coins for a set rate.
Some companies offer "lifetime contracts" that keep costs the same and supposedly offer outstanding returns. However, as the difficulty of mining increases, the same investment will return smaller amounts each time. Moreover, some companies make bold claims regarding their returns without being transparent about the true costs and diminishing returns.
Others operate Ponzi schemes that can lead to massive losses. One major company that has been repeatedly outed is OneCoin , whose owners were implicated in several other shady operations. The company offered investors massive earnings, as well as luxury goods and perks for paying more. However, there is little information on the company outside of its site, and users have left scathing reviews online.
The market is also showing signs of maturity, leading to better transparency and clearer rules. Crypto Crime Police. Securities and Exchange Commission.