Trade Update – Altcoin Boom! – Know When To Take Profits!

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Trade Update – Altcoin Boom! – Know When To Take Profits!

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Bitcoin Basics Trading Videos (Highly recommended):
►https://emini.isrefer.com/go/bbo/khz/

Hey guys! Here I talk about some of my recent trades & Do I care about making money over the tech that surrounds bitcoin? Watch to find out.

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►https://www.youtube.com/channel/UCNCGCxxTT10aeTgUMHW5FfQ

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► https://twitter.com/BTCKYLE

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MUSIC:
► https://soundcloud.com/argofox/tracks

TRADING TOOLS:
► Charting for altcoins – www.coinigy.com
► Charting for bitcoin – www.bitcoinwisdom.com

VIDEO EDITING SOFTWARE:
► Adobe Premiere Pro (main editing software)
► Adobe After Effects (for intro/conclusion effects)
► Adobe Photoshop (various background images)

Do you want to see me continue to make this cool videos? Hit that like and subscribe button. Every single one of you counts!

Please keep in mind that all of my content I offer on youtube is not to be taken as investment advise as I am not a legal financial adviser. You assume all risk in any investment you take.

BTC TIPS:
► 16VQng1z2e3pa61fqftjm3wBWKeQFvCHCa

By | 2017-06-23T22:21:44+00:00 June 23rd, 2017|Cryptocurrency Trading|50 Comments

50 Comments

  1. Pagan Dance June 23, 2017 at 10:21 pm - Reply

    does it make sense to trade with leverage and put a stop at 0? Say you have a reserve of 1 bitcoin and you enter a trade with 0.5 btc with a leverage of 2, you can’t loose either way? It’s a win, win, win, so that you ultimately get tired of winning? 😉

  2. Lin Snow June 23, 2017 at 10:22 pm - Reply

    Hey Kyle, you mentioned something on twitter about strategy on how to make huge gains on bittrex. Can you kindly share this secret with me? Thanks

  3. Libyaforlibyan17feb June 23, 2017 at 10:24 pm - Reply

    lbc full beta release this month , please do ur research b4 buying !

  4. Jose Fernandez June 23, 2017 at 10:26 pm - Reply

    I want to get started, but don’t know how to actually get set up. I was wondering if you can help me get me set up.

  5. Eddie Rogovoy June 23, 2017 at 10:27 pm - Reply

    Hi, thanks for the videos. You mentioned that you are investing in Lunar coin but i couldn’t find it , is it "Luna" or "Lunyr" ?
    thanks!

  6. jdfosho June 23, 2017 at 10:28 pm - Reply

    Looking tired bro!

  7. James Gill June 23, 2017 at 10:28 pm - Reply

    I just recently started researching trading Alt-Coins and subscribed to your channel. I had a very good first day trading on Bittrex. I took a long shot and put some money into ZCoin(XZC) yesterday morning at $10.50 a coin, considered selling around noon at $12.75(20% profit) but, held out for 22 hours and sold for $15(43% profit). One more hour and it peaked at $17.10, but I’m happy with my profit.

  8. Tommy Poon June 23, 2017 at 10:29 pm - Reply

    if i buy altcoins should i keep it on the exchange or transfer it over to a wallet?

  9. Mike June 23, 2017 at 10:31 pm - Reply

    Hello, this is the Channel of Cryptoholics Anonymous?
    Subscribed!

  10. SamSpace155 June 23, 2017 at 10:32 pm - Reply

    i feel like LTC is good invest

  11. Mark McKinley June 23, 2017 at 10:36 pm - Reply

    Hi Kyle, thanks for the great videos. I’m pretty new to the market and made my first bitcoin purchase only 2 weeks ago. It’s already made a nice increase. Keen to keep this margin im looking to sell on a high and avoid any potential drop. When doing the same are you always looking for your next trade and moving between cryptos or are you cashing into USD to give yourself some breathing space before buying back in? Many thanks!

  12. Smartguy Labcoat June 23, 2017 at 10:38 pm - Reply

    Taking profit in crypto right now might not be the best idea. The whole space is under valued. Is bitshares more useful than facebook? I think so. Yet facebook has a 500 billion dollar marketcap. Bitshares just doubldd and still only has a 100 million dollar marketcap

  13. testacchehe June 23, 2017 at 10:42 pm - Reply

    Is there any reason to keep your fiat money on your bank account? No! As soon as I get my money each month I buy currencies and keep only as much as I need to survive until next month. 😀

  14. Kevs June 23, 2017 at 10:44 pm - Reply

    Hi BTCKYLE,
    thanks for your contents.
    Can you please make a live video trading about trading with whales strategy on poloniex?
    The most important thing that i wanna know is: how to detect the first waves of whales to put a buy order.

  15. Mad Max June 23, 2017 at 10:45 pm - Reply

    mate, what is that spike Ark made on the 5th of May ( 2 days ago ). Do you think is going to happen again soon ?

  16. Nancy Yoo June 23, 2017 at 10:45 pm - Reply

    Kyle – I started day trading 4 weeks ago with cryptos and it’s been pretty incredible. But I have lost profits because I didn’t lock them in soon enough. I just didn’t know the best strategy. Do you lock in your profits every day at the same time?

  17. Travis Dartige June 23, 2017 at 10:46 pm - Reply

    Life plan = accumulate everything!

  18. Danish Human Being June 23, 2017 at 10:46 pm - Reply

    Decred keeps bouncing between 0.009 and 0.012.
    – Made a decent chunk on it so far.

  19. jaylife June 23, 2017 at 10:48 pm - Reply

    WHAT COIN ARE YOU MOST INVESTED IN.. ETH?

  20. M Prox June 23, 2017 at 10:48 pm - Reply

    Is this a great time to do short on Eth/usd because of the bubble? (i am really new to trading, it is actually my first trade i did this evening…)
    Because if you see the patern of the first eth crash its like a copy we have right now in the build up?
    A year ago:
    http://oi67.tinypic.com/2mmh6i1.jpg
    now:
    http://oi64.tinypic.com/9zrghw.jpg

  21. L1b3r7in3 June 23, 2017 at 10:50 pm - Reply

    what is your opinion on WeTrust? very cheap atm!

  22. Uyoyo Ogedegbe June 23, 2017 at 10:50 pm - Reply

    Hello Kyle, I think it’s great what you’re doing. thanks.
    I believe a lot of ETH’s present value is from speculation of a BTC ruling and then the accompanying hype (I may be wrong) I’ve decided to hold my ETH till after the BTC ruling…whenever that is.
    1) If the BTC ETF is approved people would dump ETH for BTC short term then likely buy a lot of ETH in the days before the ETH ruling (since it’d be very likely we get a SEC ruling for ETH ETF)
    2) If the SEC doesn’t approve people would immediately dump BTC for ETH. Having read the SEC ruling from March 10th, I think it’s unlikely that the Winklevoss ETF gets approved.
    Is my premise missing anything?

  23. Peter Jonastik June 23, 2017 at 10:50 pm - Reply

    hi Kyle, I invested into iEx.ec (RLC). It is a distributed cloud computing coin on ETH blockchain. Together with Stimergy they are using the heat from the computer servers to make water hot and heat the buildings.

  24. BitcoinMaster June 23, 2017 at 10:51 pm - Reply

    keep doing what your doing… i can tell you will reach your goal 😉 you will be rich one day

  25. yasaswy nagavolu June 23, 2017 at 10:51 pm - Reply

    @btckyle.. Its been a STELLAR day and a week :).. 4x the price.. That surely is a good thing to watch out for isnt it?

  26. James Bond June 23, 2017 at 10:52 pm - Reply

    I just care about chasing money, and have no idea how I am going to cash out. Most likely I will lose everything because the exchange will get hacked and all my hard work down the drain.

  27. Diego Vetencourt June 23, 2017 at 10:53 pm - Reply

    are you alive kyle!?

  28. Merijn Nijhuis June 23, 2017 at 10:54 pm - Reply

    Should’ve held on to that ethereum a little longer 😉

  29. morelli tech June 23, 2017 at 10:54 pm - Reply

    bubble will come, but it’s years away

  30. Edwin Zelaya June 23, 2017 at 10:54 pm - Reply

    thx kyle can you make a live video trading thx

  31. marvelv212 June 23, 2017 at 10:54 pm - Reply

    You sold Ethereum but guess what it went up 3x in value when you sold. You can’t predict the market. No one can. All you can do is ride the wave.

  32. Antonio Frances June 23, 2017 at 10:55 pm - Reply

    Exactly 😉

  33. David Michael June 23, 2017 at 10:56 pm - Reply

    do you have any videos explaining what is considered a good volume size, as you were talking about volume

  34. Luis Orozco June 23, 2017 at 10:56 pm - Reply

    Hi just a question do you mostly only trade with crypto/crypto or crypto/USD?

  35. Todd Breithaupt June 23, 2017 at 10:59 pm - Reply

    What was the YouTuber’s name you mentioned around 1:28?

  36. Jack gin June 23, 2017 at 11:01 pm - Reply

    What about Ripple & FuelCoin…
    Coins of future

  37. Marco Hofmann June 23, 2017 at 11:01 pm - Reply

    Thank you Kyle for the insights. I just sold all my ETH and XRP. Almost tripled my investment. Kinda hesitant with Ark and Lun. I’m too new too the game and think it’s also beginner’s luck. But I’m keeping an eye on the market.

  38. Buy in China with crypto June 23, 2017 at 11:05 pm - Reply

    minute 2:22 10000% absolutely agree. many people think that BTC / ETH is the future, but there are many other coins doing pretty well, and I’m sure there will be even better projects in the near future. Probably the best coin ever created will come soon or later. NOBODY own the "future" the game is just starting.

  39. TheKinGeeK June 23, 2017 at 11:05 pm - Reply

    Just subscribed, very well explained man. I’m new to this trading stuff, started with 10k and currently sitting on 35k USD (I’m also accumulating others coins on weekly basic using part paycheck.), but I would like to know more about trading and maybe one day be able to make a living out of it. Regarding the volume thing, at what point is it strong volume? is 50M in volume enough?, for example I sold NEM/XEM last night for .17cents and today it keep going up, I made massive profit, I want to buy back in but now I’m having doubts if it will go under .16, hopefully it will. Hope you will answer me! Thanks.

  40. stgodd June 23, 2017 at 11:06 pm - Reply

    What is your opinion on trading against USDT? rather than BTC? USDT seems much better in theory as its more stable, but I guess it could potentially collapse?

  41. Huzaifa Huxaifa June 23, 2017 at 11:07 pm - Reply

    Litecoin is activating SegWit in 2 days…

  42. Chase Wesley June 23, 2017 at 11:09 pm - Reply

    Hey Kyle. Do I gotta pay taxes on the USD i withdraw from coinbase back into my bank account. Like at the end of the year as if it were a business or how does that work? Cheers.

  43. David Alejandro Londoño Mejía June 23, 2017 at 11:13 pm - Reply

    Im new to the crypto trading, but have a lot of questions, any advice how to learn more? Where to check something to lean?

  44. Linlin June 23, 2017 at 11:14 pm - Reply

    Did you exit out all in fiat, or are you also holding some bitcoin? I’ve been riding the xrp/str/eth/ltc waves and got into DGB pretty low so I’ll prob only take out my original positions and some profits but leave the rest…I’m a better investor than a trader 🙂

  45. Crypto Skim June 23, 2017 at 11:16 pm - Reply

    FREEDOM!!! Thats my goal too Kyle. Good stuff, good thoughts, positive atitude, thank you! I have to learn to not get emotional, I think that is the hard part with trading.

  46. Christoph van der Linde June 23, 2017 at 11:18 pm - Reply

    what qualifies as "a lot of volume"?

  47. Alex Alvarez June 23, 2017 at 11:18 pm - Reply

    I feel bitcoin will always be the top cryptocurrency.

  48. BTCKYLE June 23, 2017 at 11:20 pm - Reply

    Shitty camera, but the point gets across. Happy I scaled out of $ETH. It seemed a bit overbought for me… struggle was real around $100. Looking for a re-entry.

  49. Todd Breithaupt June 23, 2017 at 11:20 pm - Reply

    Really appreciate your vids. A beginner like me is still able to follow and understand everything you say.
    I’m all about taking Rocky’s and Chris’ course. Debating between the Mastery Course or the Crypto Mentorship program?

  50. Jeff Ca June 23, 2017 at 11:21 pm - Reply

    Eth will shit the bed once it hits POS

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