CAN CRYPTOCURRENCY REPLACE FIAT? BITCOIN DAY TRADING MISTAKES + PRICE 2018! RIPPLE XRP BIG NEWS!


what’s going on guys Patrick here
bringing you a brand new video today we got another killer video for you guys
full of information today we’re gonna be looking at why I think cryptocurrency
could replace Fiat we’re also gonna be looking at these three common mistakes
new traders make and tons of other news that went on in the cryptocurrency space
but guys before we can start with that if you want to enter a chance to win
some free Bitcoin all I guys have to do is number one be subscribed to channel
and have your notifications turn on number two give this video thumbs up in
number three leave a comment down below saying something related to the video
also you guys are interested in making money trading cryptocurrencies even
while the market is down make sure you check out the first link in the
description or the first link in the comments for the cryptocurrency trade
alert group so far we’ve had a ton of success when over 90% success rate on
our trades ranging from both all coin trades to Bitcoin leveraged trading so
no matter what type of trading you are interested in there is something in
there for you our last two weeks we’ve done over
thirty percent profit and in our last seven days our last week alone we’ve
done over twenty percent profit that is while the market has been sideways and
everybody has been waiting for some price movement so if you have no idea
how to do technical analysis you don’t have the time to do technical analysis I
post every single one of my traits in the group so you can copy my exact
trades that brought me to a six-figure portfolio you can copy the exact trades
I am in so you can have those gains as well guys we’ve had people make up to
two Bitcoin in one single day as well as countless other people make an extra 100
500 or 1000 dollars now let’s move on to some news because we have a lot of good
stuff going on first of all some blockchain of adoption news Alibaba
cloud launches a global blockchain service now what actually happened here
is that they have expanded their blockchain as a service beyond their
domestic border so now they are offering this as a global thing this is the cloud
computing part of China’s largest online retailer retailer Alibaba which is
another company with another founder so Jack Ma another one that is very very
interested in the blockchain in crypto currency and has had a lot of rumors
tied between him and some specific crypto currencies out there and other
names namely Justin the Sun is another one that gets tied in with Jack Ma a lot
similar to Elon Musk in the sense that you know very forward-thinking always
looking at new innovation and adoption but he actually looks like he’s more
into you know blockchain cryptocurrency that Elon Musk seems to be at this time
obviously we don’t know for sure but overall this is some very good news now
on the maybe not so good news coinbase laid off staff and this could be related
to decreasing demand so if you guys remember at their peak they were adding
reportedly 50,000 new customers every single day
and obviously that was during the bull run when we were having those all-time
highs people were flooding into crypto currencies and tons of accounts were
made now the USO now claims coinbase reported to have laid off their existing
staff after recruiting 250 new hires now they didn’t say they they didn’t want to
say how many they actually did layoff but insider source said that the number
was more than 15 and at the senior lead the senior leadership is handling
communications poi so people are pretty upset about it I assume they would be
upset if they got laid off but the communication part is very important now
the fact that there there are layoffs happening is something is not as nothing
new it happens to a lot of companies especially when it comes to a little bit
of a rougher period they hired a lot of people because of the bull run so
they’re starting to realize that with less demand there isn’t the need for
everyone to still be there delete so they are starting to lay off people and
you know what I’m sure when the bull run comes back if coinbase is still on top
and they get an influx of new accounts and new users they’re going to have to
look to hire some more people but this happens to every come this happens to
every company you guys remember in every time there is financial crash companies
or even just you know a company’s having a rough period the first thing they do
usually is to lay off staff now if you look at the last week in review guys
this week has been very very bullish for crypto currency honest
way more bullish news than any form of bearish news going on now I know we are
still consolidating in terms of the prices but this is a very good thing
moving forward because I would rather have bullish news now while we build up
for some bullish action then continuously see bearish news even if
we’re trading sideways I would much rather see adoption in bullish news then
I would like to see bearish news I’m sure a majority of you guys probably
agree with that as well so let’s take a look at some of the highlights of the
week japan’s FSA green lights crypto crypto
consortiums self regulating status so what they said here is that it’s a very
fast-moving industry one that we know to be true right it’s better for experts to
make rules in a timely matter than a timely manner then bureaucrats do so
what they’re saying is better to let the people who know what they’re talking
about deal with it then get people who don’t know what they’re talking about to
try and deal with it so overall is gonna make it faster if the experts deal with
it and there’s a higher chance of good things being done rather than try to put
it on to people who have no idea what they’re doing there’s a much higher
chance that they will mess things up right now coinbase was also awarded
their custodian a license by New York regulator Mumbai New York regulator now
again this meant that maybe we’d be seeing XRP listed on there currently
they have they have a custodian license which is not the same as that they’re
gonna list XRP it’s not confirmed but they have the custodian license which
means they can support they can offer custodial support for the top six
cryptocurrency so it’s Bitcoin Bitcoin cash aetherium theorem classic like coin
and X R P so that for the fact that X R P was there was one of the reasons
everyone’s speculating maybe they’re going to get it added now more ETF hype
grows as Van Vanek CBOE and solid X speak with the SEC still a lot of people
are speculating this is going to happen in q1 of 2019 which honestly at this
point is not far away so again another potential catalyst to either enter us in
the bull run or to push us higher in that boat and obviously there’s a lot of
stuff coming on and I don’t think one thing is going to bring us back the
all-time high but it’s the continuous building and building and more and
or adoption that I think is going to get us there also Chinese Court validates
Bitcoin transactions and handling allowed or holding a lot I guess they
spelled it holding here and then some smaller news we have coinbase list
aetherium based circle the US DC SDC seems like it’s gonna be pretty
centralized but I see confirmed backs futures of Bitcoin futures launch date
that’s some good news tether torches 500 million USD T I guess
we don’t know if that’s good or bad depends on what you think it’s Heather
and the Singapore government back vertex Adventures discloses finance investment
so it’s a lot of news that went on and like I said a majority of it was bullish
which means if we are to have any form of price action you know coming in the
future if we take a look at a year’s time and I’m talking guys talking this
is a year technically in an investment is the short term but we’re gonna take a
look at it in the long term because that’s how a lot of people seem to think
with cryptocurrency so in a year’s time however you want to call that longer
short term all this news add it together you know fact we have the ETF all that
stuff building on shows that there’s a higher chance that a year from now we’re
gonna be up then there is you know then there is a chance that a year from now
we are going to be down now day to day you know maybe even week to week harder
to tell there’s a lot of stuff that still goes on in the market and a lot of
the times people think we might be entering a bull run we do the exact
opposite but a year from now when all of these things come into play the chances
are a lot higher that we are gonna be up than we are going to be down now the
three common mistakes new traders make this was actually fun to see because
they covered this article covered pretty much everything that I try and tell
people who are new to it now I know not everyone is a trader and although I
think trading is a great thing to do if you have time obviously if you have time
to do your own technical analysis it is a great form of passive income to do
because with cryptocurrency really can make a lot of money very very fast and
for those of you who don’t have time obviously I started the trailor group
specifically for that because I wanted to help everyone have the ability to
make money trading not just those who have the actual time to do it I want to
do my best to make sure was open for everyone but in terms of the risk if you
are looking to start this year going to embark on this journey on your own keep
in mind a few things and this doesn’t even just apply to traders I believe
this implies to most overall cryptocurrency holders the
one is reduce market exposure and risk by purchasing a variety of assets at
different price levels what does that mean diversify your investment and
dollar-cost average that is not just for traders that is for every single
cryptocurrency investor every single investor in general you never purchase
only one asset you never purchase one thing and you never purchase it at one
time that’s just the recipe to keep yourself safe and to reduce your risk
obviously a mic work it might work out sometimes but a majority of the time it
doesn’t it’s not worth playing that risk next off is to have a complete clear
strategy and get out of the habit of Harling now I don’t agree with this one
obviously it’s going to depend if you’re a day trader or not but I think the way
I look at this is separate the to have your trading amount which is something
you’re comfortable with start small you can increase that later and then also on
the other side have you’re holding have the ones that you are accumulating use
the trading to accumulate more of what you want to be holding and to me that’s
the best recipe that’s the recipe I’ve used that’s a strategy I’ve used to
continuously grow my portfolio and then last one is consolidation period are
sketchy at best with no clear entry or exit signals so it’s best to wait these
periods out and that’s what we are doing right now a lot of people are very
impatient and are putting in trades just to try to you know get something however
we’ve had so much trading opportunities moving on until now that even if we have
a month with no good entry point in the long run that means nothing one month
with if we’re gonna be consolidating and there aren’t really any good trades
doesn’t matter because the moment we get some of the trades like this someone we
get some price action like this you will easily make back your money that you
waited on that month it’s better doing that than risking losing because guys
trust me oh this is well I’ve seen a lot of people a lot of people on YouTube
come out and be like oh I predicted this dumps like yes maybe you predicted you
know this one little spike in the console in the consolidation period
maybe you did predict this one but you also longed this one right it’s sort of
it’s very difficult to trade consolidation period
a lot of the people who post their wins this time probably lost the last time
and those just aren’t the ones they’re showing so keep that in mind now in
terms of cryptocurrency replacing feel and this is something I think a lot of
people underestimate a lot of people were born into fiat currency they’re
born when fiat currency was around and so they don’t realize how new it is and
just the fact that it’s probably not going to be around forever it’s not
going to be around forever and the possibility of it being replaced is
pretty high and the process and the possibility now of crypto replacing it
in my opinion is even higher now hear me I’m going to give you guys the exact
reason for this first of all the reasons for the u.s. dollar not being success
the reason for it crashing people are expecting is the debt so the u.s. pays
half a trillion dollars in interest per year to services to service its debt its
debt increases by a trillion dollars every single year it’s a death spiral
and it cannot be undone this is from kim.com
who is a german Finnish internet entrepreneur self-destruction and USD
collapses a collapse are unavoidable he says to get out and to buy gold and
crypto now this is why I think crypto is going to replace fear personally we’ve
entered the age where everything is done online right we have e-commerce and that
is rapidly replacing stores you know at Amazon rapidly replaced stores you can
now order your groceries online you can buy a car online you buy tesla online
you can buy every single thing you can imagine
you can probably buy it online and if you can’t yet then chances are you will
be able to in the next one to three years right it’s just the direction
everything is heading in a lot of companies are closing down because they
didn’t take that target for example close a lot of stores Toys R Us going
bankrupt because they didn’t adopt ecommerce a huge company that works just
like countries and I’ve been saying if countries don’t adopt cryptocurrency in
the blockchain they’re going to they’re going to fall behind
that’s type of stuff that happen with Toys R Us it was a huge company a huge
success all of a sudden made one bad move ignored ecommerce and bam this is
where we right now they’re going bankrupt now I
think obviously we are looking to use cryptocurrency for you know for micro
transactions using it to purchase things in a store however I don’t think that’s
where it’s going to thrive I think where cryptocurrency is going to thrive is in
e-commerce is in the online space because then that means Amazon doesn’t
have to accept you know you don’t have to have Amazon com Amazon dot
all Amazon duck oh no you can whatever it is you don’t have to have all those
using different currencies somebody everybody could be using one currency it
could be using the world currency whatever it is that that whatever that
is at the time maybe it turns out to be Amazon coin I don’t know what it is I
don’t know wanted to kill what’s going to be I don’t have a crystal ball then
again we might obviously have several crypto currencies down in the future as
well but my point is since cryptocurrency is the digital currency
and we are in the digital age and the fact that everything is moving online
and I think cryptocurrency thrives when it is used on I think it’s super super
easy when it’s used online and that’s why I believe it stands a good chance to
replace via again via is not going to be around forever simply because it hasn’t
been around forever before right everyone knows that it’s going to come
to an end eventually looking like we might be getting closer and closer I’m
not saying one to two years from now I’m speaking further down the line than that
but it looks like it could definitely start struggling due to the issues that
come with having the fiat right the dead that’s going on the inflation is going
on all that is stuff people are starting to realize in the UK the US economy
being the you know being the world’s most powerful economy it has impact on
every everywhere as well so has significant impact on Asia and Europe
so when US stocks are suffering and the sentiment is shifting a lot of people
are expecting to see other countries other other countries or other regions
seeing those stocks suffer as well so we’re gonna have to wait and see
obviously the US stocks have had a little bit of a turn and they’ve wiped
out a lot of the gains that have been going on previously now another
here is encryption plus crypto equals freedom so another thing that I that
makes sense to me is that everyone always talks about freedom and what does
everyone want everyone wants freedom it’s a financial freedom whatever it is
it’s freedom and part of freedom I believe is having control of your money
not just you being able to know not only you making enough money but you also
having control of your money that to me falls under freedom as well that falls
under financial freedom right I want to make enough money to where I’m
comfortable I don’t have to worry about money I can do all the stuff I want in
the world but that’s exactly I want to be able to do all the stuff I want I
want to be able to do whatever I want with my money I believe fighting for
freedom is going to make a turn for you know in scope cryptocurrency is going to
be a part of that so let me know your guys thoughts are just a little bit of
my predictions in terms of what’s going to happen in the future I think as more
and more things continue to shift online cryptocurrency is going to find its
perfect use find its home being the digital currency that it is being used
digitally and again I think we’re gonna get a ton of adoption with using it for
micro transactions in stores in supermarkets for example but even
supermarkets are shifting to become online now so eventually it looks like
we’re going to have a world where a majority of things are online and that’s
where I think cryptocurrency is going to be used the most and that’s where I
think it’s going to thrive and that’s why I think it could genuinely replace
all it could replace the fiat currencies it could replace the US dollar it’s
possible is it you know too early to tell
100% what the possibility is there guys people made fun of people thought the
internet was gonna be a bubble people thought the internet was going to be a
fad looks like it’s gonna stay and if you still believe it’s a fad then maybe
just maybe you might not want to invest in crypto currencies either but if you
believe in the internet and you think that’s the way things are going and you
agree with my logic let me know what you guys think of my logic down below let me
know if that makes sense to you guys or if I just rambled on about absolutely
nothing let me know your thoughts in the comments down below now if we look at
the overall market 209 billion dollars in mark cap with the 53.7% bitcoin
dominance meaning nothing is but in the market we are still trading
sideways the prices around a few dollars higher than it was yesterday we’re up
0.16 percent biggest gainer denta coin of Denton was actually down a lot
yesterday so it looks like it formed a little there’s a little bit of a Bart
you know up 15 percent went down had a little bit of a Bart and come back up
then Reve an auger data coin polymath and of veritasium or some of the biggest
gainers in the last 24 hours not too long ago status is up 3% as well look at
that huge pump it’s having their against only 3% though but it looks like a huge
pump in the market spin sideways for so long and in terms of the biggest loser
Stratus is down wax is down Hollow is down and a lot of other cryptocurrencies
are down as well we’re roughly at 50/50 in terms of overall in terms of red and
green we’re roughly 50/50 so again markets trading side with even when we
have a little more red it’s just such small percentages that if you guys can
tell we’ve been trading between the 207 and the 209 billion dollar market cap
for a very long time no much longer than I would like to admit
now XRP has seen some good news and talked a little bit about this yesterday
but I found exact figures they’ve more than doubled their sales so ripples XRP
sales more than doubled to 163 million dollars in q3 showing the institutional
interest involved showing the interest that XRP is having overall this is a
very very good sign 163 million dollars we talked about coinbase they are laying
people off because demand is date is decreasing XRP sales have more than
doubled so very good thing to see for ripple right there now before this video
goes on too long because it probably already has from my rambling I want to
do the Bitcoin giveaway for you guys to give back to the community I picked a
video 56 unique comforters guys if you want to enter a chance to win future the
future Bitcoin giveaway when we have 56 comments maybe comment two or three
times maybe that’s gonna increase your chance of winning who knows give it a
try though so let’s pick a random winners see who wins Damian will
or I probably I don’t know if I pronounced that correctly if I did then
congratulations you want if I did it then I’m sorry I didn’t but
congratulations you want anyways ideally Celeste would be more honest but with
money in front of them they soon crumble such a pity
I agree you were talking about you know Floyd Mayweather indeed I think it was
fly made the employed Mayweather and dj khaled we’re the ones we’re talking
about where they’re getting sued for promoting in high CEO and I said ideally
these guys these guys would you know maybe just talk about things they used
things they’re interested in things they know about but when you put a large sum
of money in front of anybody it’s not just celebrities right when you put a
ton of money in front of anybody if it’s enough money like that it’s like the
saying goes I don’t know the exact saying is but it’s like the saying goes
you you you can buy you know if it’s enough money you’ll buy someone’s I
don’t know the coin it’s you guys know what I’m trying to say though right
anyways Daymond you have won the Bitcoin giveaway all you have to do to claim it
is leave a comment down below letting me know you’re here to claim it and give me
your Bitcoin wallet address guys if they don’t claim it within the next 24 hours
I’m going to be picking a new winner from this video so make sure you are
smash that thumbs up button and leaving comments down below so you can enter a
chance to win and of course be subscribed and have you know if
notifications turned on so you can check back in to see if you did win so you can
go ahead and claim it but guys thank you so much for watching I’ll see you guys
tomorrow for another video

43 thoughts on “CAN CRYPTOCURRENCY REPLACE FIAT? BITCOIN DAY TRADING MISTAKES + PRICE 2018! RIPPLE XRP BIG NEWS!”

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  2. According to reports Coinbase is being greedy wanting very large fees to list the likes of BAT etc. one of their top man just left the company, how much money is enough?

  3. Great video Patrick 👍 crypto will replace fiat by 2030, will take that long to adopt and adapt, but will be an awesome ride!!

  4. The most perspective ICO this year is cryptovilla.info/telegramblockchain the GRAM Token can cost 100-200 dollars. Taking into consideration the fact that now it is sold at 1.3 dollars)

  5. Thanks Patrick for the great video, though I just bought 0.2BTC last month and now I have 0.28BTC in my wallet. Thanks to Patrick and Mr Peter who helped me to gain more Bitcoin in forex trading.
    If you need his help email him via [email protected]

  6. Lot of bullish news, thats great. Eventually crypto will replace fiat as fiat is expensive to produce and add security features

  7. Look Guys, I agree BTC has hit bottom and XRP, XLM, ADA, EOS will lead the bull market, Knowing that the crypto market is manipulating and full of speculations, I believe BTC will become supreme as always, we should just keep on holding, as for XRP it will not sky rocket as everyone thinks, this is pure facts, but It will gradually lead between, but since ETH has gone back to second place in the crypto market cap, that shows more hope on all these digital currencies, nevertheless, I still day trade following the best strategist and analyst, Mr. Adams Hudson, member of financial crypto market, He showed me how to utilize my coins I’m holding to make extra profits, I invested just 10K from what I’m holding and I made 75K good cash in just a day, It was mind blowing because I have never had this type of strategies and signals for trading before and Adam made it possible for me, now as I hodl my precious coins, I side by side make day trading profits. Big thanks to Mr. Adams, you can also get help and best strategy from him, just send him a request via his Email {[email protected]}.

  8. Another good video unfortunately the USA government will probably never let fiat go ☹️ banks would loss way to much money/control! BTC: 1HWaFmFpKdp9C7RQNN3yXTNHf93Uf6SZhh

  9. if people dont see the pattern by now they never will.you havent even left the earth so you wont get to the moon.lmao

  10. Great video! I never imagined earning so much in crypto trade. I have been trading with Joe Rich for 2 months now and have earned x6 of capital. I invested $950 and got $6000 after two months.

  11. Right now coinbase is into listing self serving Garbage. Etc and Ox? wtf. I think every coins on coinbase is 💩 with exception of BTC

  12. Always great informative videos, i think your right about everything is moveing online, even everyday food shopping you can do online today, so you dont need to do anything outside the door 🙂
    Even when we like gains, its also positive that the market can stay even for a periode.

  13. Pity people are having to go Coinbase still but those other Fiat pairing companies really need to get a move on and advertise their products.

  14. Great video Patrick. Haha there is always hope it could. I believe it can but time is the real deciding factor. How much will it take.

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