Introduction to Crypto Currencies

[@jacobtaylor3931]

That’s crazy, it’s market cap was around 29.5 Billion and now it’s 1.071 Trillion

[@MrAkinaa]

One of the best traders I follow every day! Keep up the good work. Learned a lot from you already

[@thewwefan57]

1,900 dollars per coin, WOW that is an amazing price right now

[@mohammadalialkurdi2999]

I feel bad about the guy who bought a pair of pizza for 10k bitcoin, which was worth 637.3 million dollar earlier this year

[@thewisepanda1823]

Brief, dense, and informative video. Although it's old, but still I learnt alot. Thanks alot guys.

[@ChartGuys]

Glad to hear it, thanks!

[@TheLastCrankers]

I love how this almost 4 year old video warns about all the problems that actually happened later on (and that will happen again in 2021)

[@ChartGuys]

I dont even know what they were! I will have to re watch it : )

[@TheFuck2001]

why will it happen again?

[@TheLastCrankers]

@@TheFuck2001 coz the market goes into "seasons" (for the lack of a better word). Of course the length of those seasons might change, but they will still happen.

[@GH-pz7ei]

August 11 2021 Shiba is up in one week 35% Whales are slowly putting Shiba up Shiba is like when doge was less than one cent they all got rich from it buy Shiba while it's still fairly inexpensive or you will miss out

[@neoimktg]

Dan, thank you so very much for sharing all the insights, education and enthusiasm.

[@Goldenpill]

Video postet 16.may 2017, value of ETH was then around 90 dollar. One month later it was over worth over 300 dollars! Timely video indeed!

[@kasandrop]

well done with ETH price prediction! Today USD 473

[@ChartGuys]

Thanks, what did I say? : D

[@kasandrop]

@@ChartGuys you said that ETH is going to be worth about 450

[@ChartGuys]

@@kasandrop Thanks, 3.5 years is a long time to remember : )

[@theohio3460]

aaaaaaaaand now it's worth USD 3900 lmao

[@michaeljohnscott7989]

Thank you for all the info, it's very much appreciated.

[@ChartGuys]

You are welcome Michael, thanks for posting!

[@nokb7271]

Very informative video. Thank you.

[@Trunks9Thousand]

Daaaamn just found this channel and I fucking love it. I've been in crypto/investing/trading world for the the massive period of 3 weeks now and learning sooo much from many channels. This one really impresses me. It gives me a feeling of passion, motivation and vision!

[@lewislzenn7605]

Trunks9000 any tips for a noob?

[@thomasabe77]

Thanks Dan I really wanted to get my head around this space this was a very helpful concise explanation from a trusted source

[@ChartGuys]

Thanks Bruin, that means a lot!

[@WowWow36284]

Your TA videos on crytos are amazing!! Especially ETH, love them and going to share them with my buddies. Keep the great work up! GoETH!

[@ChartGuys]

Thanks Luca, still trying to find the best places to share. Seems reddit and facebook groups dont care much!

[@davidlovesgolf]

Outstanding video! Thanks TCG!

[@smacd1978]

@thechartguys I am a dad of four working traditional 8 to 5 job but going part time and interested in trading on my day off. Would you recommend your annual membership to someone like me who can't do full time trading but has one full day a week plus some early mornings and late evenings to trade? Thanks for the content you've been putting out.

[@NashvilleGarage]

Thank you for your videos. They are super helpful. Ive been invested in ETH for about 2 months now and I'm also mining as of 2 weeks ago. My question is, do you think I should sit on my ETH or should I try to trade in and out of it? It seems like the mid $80s has been super popular lately.

[@ChartGuys]

I would only change your game plan if you have experience with trading and technical analysis.

[@NashvilleGarage]

TheChartGuys ok thanks keep it up? I look forward to your ETH updates everyday

[@t.a.p.4582]

Thanks for this informative video, Dan. I'm trying to get started in Technical Analysis so I can begin trading cryptocurrency part time. What are some courses you suggest for a beginner/someone who has minimal education in trading?

[@derekknowlton2880]

Like the videos... coinmastery turned me on to you guys and this was well worth the time. I’m going on to check out your other posts...

[@FLA-uy9xi]

I am reading everywhere to not leave coins/positions on the exchange itself (GDAX), and instead, for security, to transfer to a wallet. Is that what you do? But then, how could you actively trade a crypto currency? And how would you protect from downside if you were not able to set a stop?

[@ChartGuys]

No, I hold positions short term and am USD most of the time on GDAX

[@justinholbein9776]

Righteous video guys thank you.

[@hemsmar]

This was a valuable education that you invested your time to explain. Can you expand on BitCoin as to it being the first Crypto that has caught on, could it develop into another currency or integrate into Etherium? How is it that I am hearing from some that BTC is somewhat over its prime ? Does not the limit to the number of total coins provide for scarcity and thus value? Is it because it is what feels like to you an older and limited technology vs. the new idea like ETH? Are you saying that BitCoin is very '90's?

[@stevence2113]

What brokerage do i need to trade Crypto-currencies?

[@yoda135]

Thanks TCG! Great video.

[@singletotakentv9583]

What is your opinion on crypto.com to buy and sell crypto currency?

[@ChartGuys]

Have no opinion. No experience and have never really heard of anyone else using it.

[@yourman5656]

To be honest, I think I just feel familiar with binance

[@krowvakabon]

This is an awesomely informative video

[@ChartGuys]

Thanks Vladimir, glad it was helpful.

[@taradastrup7803]

Hi Chart guy. My husband thinks I'd be good at day trading, so I want to take your courses (which he recommended). However, I know absolutely nothing about stocks, trading, the language, etc. Where should I start. I need the very basics and up. Thank you

[@ChartGuys]

Hello, start with the "Trade Lessons" playlist on our youtube channel then the Entries and Exits course!

[@jung_llama]

which platform do you recommend for mining ?

[@isaaccordingley]

awesome content. cheers

[@chasewoood7363]

you guys are amazing thank you so much

[@BeatzNMelodiez]

Educational gold!

[@realvirtualdemand4222]

I want to learn how to "TRADE CRYPTO". thanks always for the basics....

[@princessevans8694]

Hello, learning how to trade bitcoin is very easy, I can help recommend you to an online trader that teaches people how to trade bitcoin, I was able to start trading bitcoin with her help

[@yomocute9403]

What are your thoughts on vechain

[@iLuv4Play]

Bitcoin at the time of this video $1,900, (34:20). As of Jan 09 2021 $42,000 top, 25% pull back and consolidation. It ran up $9,500 in the last day. Breaking out again in Feb? Current estimates it going to $500k.

[@gerooq]

THIS IS AWESOME!

[@HouseMoney060]

Great video

[@RonZe-qj2qx]

I need to learn charts and how do you get short sellers data? I gladly pay for services

[@user-hx5vh9uh2n]

Why did bitcoin drop so hard tonight after breaking 10k. It hit 10750 and fell to 9800. Now it's falling back from 10500 toward 10k. Is it big amount being sold that drop it like this?

[@davidiiiii590]

Great video! Why would ETH continue to go up if there can be an infinite supply available? Supply can always equal demand... BTC going up makes sense since the supply is limited.

[@ChartGuys]

"Ether is not a currency, ether is gas. It's like you are buying gas today and stuck it in silos. If you need it for you car you can use it, if not you can sell to someone else or hold it. The price of gas fluctuate just like money or anything else, but the point is that it does fluctuate because of the usage and not only of the scarcity. TLDR if people will create and use dapps te value of gas will go up, otherwise it will go down... or you can wait for a digital currency based on ethereum, but it's not ether."

[@gharbitta]

Hey thank you for all this info! Really useful for a novice :) One question though, is it possible to have a wallet full of different currencies? or should I have a wallet for each currency?

[@ChartGuys]

It depends on the wallet, it will tell you what is "compatible" I know Trezor can do BTC, ETH, GNT, and other ETH base alts

[@gharbitta]

thank you :)

[@f1401f]

great intro video

[@JFS61023]

what btc trading platform donyou recommend?

[@ChartGuys]

GDAX

[@JFS61023]

I dont think gdax service extends here in the Philippines. Does it? If not what else do you recommend?

[@jimihunter2002]

This is awesome is there a way I can contact you? I am new to crytocurrency but I will like to start trading.

[@owolabiolaoluwa1322]

#FinNexus goal is to be a distributed self-evolving business community with open governance

[@enoch87]

How much capital do I need to start trading and where is the best spot for a starter. I have gdax/coinbase set up with < 3k invested in ETH

[@ChartGuys]

That is a personal question depending on your finances. You can certainly make a couple hundred dollar trades on the volatility we have been seeing, with $3k

[@enoch87]

Thanks for the response, in regards to trading like that are we talking making daily trades or going long/shory over a period of time, still super new to it all sorry if it's a mundane question.

[@ChartGuys]

I do not suggest trying to actively trade if you are new to trading at all. Bare minimum of 3 months studying technical analysis and paper trading if you want to have an edge.

[@enoch87]

TheChartGuys thanks for the heads up

[@simmosimpson5206]

@TheChartGuys Would you say studying your videos for that period is sufficient, or what other resources would you recommend? Muchos thanks for the really excellent vids!

[@RadiogadTv]

This is good

[@toniseyfert8589]

is there a hotkey to create horizontal resistance/support lines at the high/low of a candle on tradingview? (I know alt+h to create a line, but I dont wanna add the values manually)

[@ChartGuys]

I dont believe so. I do it manual.

[@danxpath]

thanks !!

[@honeybadger5164]

Good Stuff !!!!!

[@harrywhite9030]

If I could go back in time. I would back to 2009 and get as much bitcoin as possible.

[@vendivukelic7123]

They already have Restful APIs in 8 different programming languages. Neblio has given many ideas but does people use the opportunity I am not sure. They have a very low circulating supply.

[@gerooq]

MORE

[@ChartGuys]

Deal! Free intro course: www.chartguys.com/trading-courses/7/technical-analysis

[@gerooq]

@@ChartGuys isn't this the same as the video you uploaded about technical analysis? or is it different

[@ChartGuys]

@@gerooq Different. It is not on youtube

[@saved_by_grace]

I enjoyed viewing your videos. I somehow was referred to your youtube channel from another channel when he mentioned you guys. I am a full time day trader of e-mini Futures and Binary Spreads (NADEX Exchange, not a broker). And I wanted to add Crypto trading to diversify my portfolio. I am wondering how much would you recommend to fund a Crypto Trading account? As for e-mini ES (S&P500 Index) the day trading margin is only $500 per contract, therefore, $3000-$4000 is sufficient enough to trade 2 contracts at a time (the number of contracts I would recommend to begin trading in e-mini ES). Is the concept the same when it comes to trading Crypto currencies?

[@ChartGuys]

It will be a straight up % gain so 10% on %5,000 will be $500. As far as how much to be worth it, that is up to the individual.

[@saved_by_grace]

Do you know any exchanges that offer paper trading to practice your entries and exits on placing an entry order? What would you recommend as a minimum investment to start trading in Crypto's? The reason I am asking is because I have a trading group that follow me on my e-mini futures trades and they will be asking these questions to you guys if I refer them to you. Instead of you getting all their queries, I could answer them instead. Thank you!

[@ChartGuys]

No paper that I know of. I like a pen and paper. Minimum $1-3k for going long $5k for trading.

[@saved_by_grace]

Thank you!

[@shoot991]

10,000 BTC pizza in 2010 worth ~$510,000,00 now.....

[@AbraxasTheSecond]

lol when bitcoin was only $1900....

[@harrywhite9030]

It's over 10k now

[@waqasrafiq4092]

@@harrywhite9030 over 30now

[@waqasrafiq4092]

@@harrywhite9030 over 50 now

[@Atanatari165]

Actually the pizza was worth $20,000,000

[@karenblanquicett9361]

Funcional

[@DarcyCardinal]

"At $1900 a coin" and it's now over $9000 and $149 billion market cap at the time of this comment.

[@chrismullin5475]

i didt understand a single thing. Im rewatching this.

[@ChartGuys]

Good plan! Our free intro course is a bit more organized, give it a shot: www.chartguys.com/trading-courses/7/technical-analysis

[@brendaadamko1572]

As exciting as all this is Dan, arent you worried about uncle sam cracking down.. after all, this would ruin the corrupt powers that be. That being said, I have put 20k from my weed profits in there, just incase it doesnt happen lol

[@ChartGuys]

They are accepting taxes on cryptos and it is 7 years old at this point. I would have expected a crackdown to happen already before it captured world-wide attention. Uncle Sam = Big banks to a large extent in my opinion and it appears they are getting on board. w block chain

[@lewislzenn7605]

20k in bitcoin? Congrats

[@SLPERIONTV]

Would Block Chain be like Skynet in Terminator? lol

[@kasha5839]

I just completed my introduction course 3 years behind schedule. I remember the first time i heard about Bitcoin. Late and not in a great po$ition i know this is the future and if ever there was a time for the le$$ fortunate to potentially inch forward, perhaps the time was 3 years ago and God willing, now as well, still. Indeed though, figuratively speaking, i strongly sense that the portal is closing.