First ever Binance Bitcoin warning received.

Binance Warning - Volatility Alert
Binance notifications are not normally like this. You know the market is moving quickly when you receive warnings.

Binance Bitcoin warning sent to my mobile phone early this morning. To me this is a very professional approach by a responsible cryptocurrency exchange. Especially since this market is completely unregulated.

Cryptocurrency exchanges, like Binance, do not have to issue a Bitcoin warning at all and to be honest it probably isn’t in their best interest to do so short-term. The market moving is how they make money.

Long-term for loyalty though from a customer/traders point of view this is certainly welcome.

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For me this is the most essential trading tool. Fibonacci Retracement – Using support and resistance.

I remember looking at my first Bitcoin chart and thinking “Oh, awesome!” – Now what? Especially when Bitcoin was touching $19,000 (I’m not bitter about not buying £100’s worth still, honest!)

I believed for a long while that these movements were fairly random and there must be some sort of luck involved in managing to work out where to place a buy or sell trade. I considered it to be ‘trading bots’ automatically knowing when to trade.

However, I have a very determined personality and refused to give up looking for the “key” to trading. These movements were too structured to be just luck.

If only I could work out what this is doing, where is it going?

After months of searching I actually found a pretty effective way.

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Show me the money!

So, you want to know how to buy cryptocurrency?

First things first, understand the market.

I wouldn’t suggest doing what I did. I literally logged on to an online exchange checked out Bitcoin (BTC) saw that it had just had a great run up to $19,000+ and thought “Yeah, this is it! There is money to be made here, it’s going to continue going up, right?”

I was so, so wrong!

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I want to mine for coins! Let’s go on a gold hunt… Is it that easy?

I’m going to be honest and admit this isn’t an area I am up to speed with.

Mining hasn’t been something, other than my first try back in 2011, that I have ever really been in to.

This isn’t because I am not interested in it, of course I am, it’s all related to the coins that we trade today.

Mining for coins tends to have expensive start up costs.

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