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A bearish engulfing pattern is a chart pattern that consists of a small Green candlestick with short shadows or tails followed by a large Red candlestick that eclipses or “engulfs” the small Red one. As implied by its name, a bearish engulfing pattern may provide an indication of a future bearish trend.
For the beginners out there who want to know what to do with your coins after buying them… this video is for you! I introduce a variety of strategies that you should be aware of when crafting your own plan of attack. It’s always good to be knowledgable about what works and what doesn’t in order to be a successful trader! Learn from other people’s mistakes so you don’t make them yourself! Topics include: cost averaging, HODLing, buying the dip, cutting losses, and more!
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Do NOT trade based on what you see in this analysis. Hyped on Crypto (HoC) and the Analyst that produced this analysis are not be held responsible for any losses that may occur. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading. You should only trade based on your knowledge, experience, and risk as a trader. This information is for educational purpose only. Trading in any market contains a high degree of risk. It is possible and EXTREMELY likely that you will lose some if not all of your initial investment. HoC or the Analyst that produced this analysis is not a licensed financial planner or adviser. If you are unsure of anything in the financial market, always seek advice from a licensed financial planner or adviser. Any and ALL content published by HoC and/or affiliates should be NOT be considered financial advice. Invest at your own risk and as always, do your own research!
Are you ready to exchange some of your Bitcoin, Litecoin, or Ethereum for other coins? Watch and learn hot to do it! This is Pt.1 of 2
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Check out the Blockchain Explorer to determine if the coin you are researching is a real cryptocurrency with a ‘public ledger’ blockchain behind it by using the following link:
In this video I explain how you can use a certain website to gain access to the ‘Blockchain Explorer’ and determine if a coin you are researching is actually a real cryptocurrency. If you are looking into putting money into a coin, you should determine that it has a public ledger blockchain first, because if it doesn’t, it is not a real and you will want to stay very far away from it!
It pays to to do your due diligence before getting involved with any cryptocurrency. Do your research!
To read the full blog post about using the Blockchain Explorer to determine if a cryptocurrency is real, use the following link:
Have questions about Cryptocurrency? Wonder how you can start profiting with it and set yourself up to become one of the next cryptocurrency millionaires like many of us already are?
I’d be happy to talk to you about that and answer your questions!
The Blockchain Explorer. This is the de facto way to determine if a coin that you are looking at is actually a real cryptocurrency. Caleb Wright here with What Is A Cryptocurrency dot com. And today I have decided to shoot a little video to help all of you out there who are researching the cryptocurrency industry, and to give you a tip that will keep you safe with how that you use your money when you decide to put it into a cryptocurrency coin. Make sure that your coin, or the coin that you are looking at and considering getting involved with is actually a real cryptocurrency that has a blockchain behind it. Because there are actually a bunch of companies out there who are promoting coins that they are actually distributing completely in house, which is illegal with the Securities and Exchanges Commission. And they seem to completely miss the point that a cryptocurrency is not just a digital currency, it’s not just a digital unit. It has to have a blockchain technology behind it. Which is a public ledger which is accessible via the internet, by the public, hence the ‘public ledger’ name. And you can basically have access to all of the wallets and all the transactions that have happened within the blockchain of that cryptocurrency. So basically if a digital currency does not have a blockchain, it is not a cryptocurrency and you want to stay very far away from putting money into it until they actually get a cryptocurrency blockchain behind it and get it onto the publicly traded exchanges. So there is a website here that you can visit, it’s called http://chainz.cryptoid.info that’s c h a i n z dot c r y p t o i d dot info. And this website gives you access to the blockchain explorer of all the cryptocurrencies that are legit that are out there. As you can see we have a few of the popular coins right here at the top of the list. Litecoin and Capricoin and Rubycoin for example. And so you can also filter the list using this search bar up here, you can type in a specific coin that you are looking for, so you don’t have to browse through this very long list of coins. Okay, then you can quickly determine if the coin you are looking at is real. Now to show you how you can navigate through this, and like I was telling you before how you can see any wallet that is in the blockchain and the transactions that have been made with these wallets. All you have to do is click on the coin. So I’m going to click Capricoin right here…
(I couldn’t fit the whole transcript, so please watch the video for the rest!)
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