Secrets of an altcoin trader - Why the altcoin market cycle is a pure expression of human emotion episode artwork

EPISODE · Sep 26, 2019 · 45 MIN

Secrets of an altcoin trader - Why the altcoin market cycle is a pure expression of human emotion

from The Crypto Conversation · host Brave New Coin

The Bitcoin price has risen 300% in 2019 but the long-suffering altcoin markets have not been able to keep pace. Earlier this month, while BTC was in a range, we started to see some altcoin moves. ETH, Stellar and Dodge all made gains in USD and BTC terms. Is there an alt window opening? What are the chances of a Q4 alt season? When is the point of maximum opportunity and minimum risk for altcoins? Can Bitcoin lead a market-wide recovery? Or is there simply more pain to come? Altcoin trader, crypto market researcher, author, and analyst Nik Patel provides his assessment of the crypto markets and where we are in the wider altcoin market cycle. Key takeaway Trading altcoins is extremely risky but it can be profitable. Due to the varied trading experience and diverse nature of global market participants, the altcoin markets are a hyper volatile expression of pure human emotion.    Why you should listen Learn why Nik is short term bearish on BTC and why he thinks an alt season may be on the cards for Q4 2019. Nik discusses his website, his research process, the book he published in 2018, An Altcoin Trader's Handbook, and he reflects on the importance of security and what he learned after a significant portfolio loss due to a hack.   Supporting links altcointradershandbook.com An Altcoin Trader's Handbook (on Amazon) A-Notsofast-security-primer Jameson Lopp's privacy-protection-proposal turtlebc.com/tools/bull_percentage/btc  twitter.com/cointradernik twitter.com/AndyPickeringNZ 

Episode metadata supplied by the publisher feed · Published Sep 26, 2019

Embed this episode

Ready to play

Secrets of an altcoin trader - Why the altcoin market cycle is a pure expression of human emotion

0:00 45:21

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of The Crypto Conversation?

This episode is 45 minutes long.

When was this The Crypto Conversation episode published?

This episode was published on September 26, 2019.

Can I download this The Crypto Conversation episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!