How to Trade Cryptocurrency – Bitcoin Trading Explained 2018

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BK and if you don’t like me you must not like money thank you for joining me I
wanted to do a bit more of a hands-on video with regards to getting set up on
trading view go over a few to community resources we have and also give you a
couple tips and tricks on different swing trading methods and how you can
learn to chart like a boss so with that being said let’s go ahead and jump into
some of our community resources this is one of them boss a Bitcoin comm click on
videos and you will see this playlist right here chart like a boss in addition
to that you can click the link in the description and that will take you to
trading view make sure you follow my page BB Kelly 1203 I’ll jump into that
in a second but I’ve post free charts and all these are completely free
resources I’ve dedicated my life to trading cryptocurrency learning about
blockchain technology and empowering people like you to make money in the
markets and so this is one of the things that we’ve been able to put together in
addition to that we will be going specifically through front to back
setting up a new account on trading view and so let’s go ahead and get started
again you can click the link in the description and that will take you right
to it but for everyone else this is what the home page looks like right you can
see it’s a lot going on kind of like just a regular Wall Street home screen
what you want to do is create an account you can do that I think you can sign in
with Gmail or Twitter good right and the good thing about
these accounts is uh you don’t have to worry about every time you log on you’re
able to save multiple charts on here especially once you get a
Pro membership but for the sake and purposes of this video I will try to go
through it relatively quickly notice they do have ads on there again you can
just upgrade to the pro membership and you don’t have to worry about that
honestly it’s well worth it especially with my method because we use custom
candles right so first thing you want to do is a click on chart all right
welcome to training view you can skip all that stuff and here we go off to the
races we can collapse this little side menu here we don’t really need that and
let’s type in Bitcoin right BTC you see that stocks pop up by default we’re not
gonna be trading those so you just pan alone over to cryptocurrency and you can
click on the first one BTC USD that’s coin bases market and this is what we
get when you pan out it kind of gives you a dynamic zoom to where you can
scroll in and scroll out so you’re able to do that this little thing right here
we just click that minus button or right-click it hide it don’t need that
right off the bat you definitely want to save this chart right so we can rename
it to DK boss method and click Save that way as we build this stuff out it will
keep all of our changes and our metrics in there as well that we’re using right
again they pop up a lot of ads on the free account and then they pop up the
second one I’ll just try to make this really quick so we don’t have to keep
closing in every five minutes the biggest thing you want to note is
that this part right here is called the candles the red and green bars
essentially what that is the red bars are
bad days that’s when the market goes down the green bars are good days that’s
when the market goes up you want more red you want more green than red right
you can see a lot of red bars it’s not good that means we’ve lost a lot of
money right money goes down with the red bars so the biggest thing we want to do
is when we buy something say we buy it right there we want to see all those
green bars come behind it and that’s what my method does better than anything
else on the market as it lets you get as many green bars as possible right but
keep in mind we don’t want to wait you know 18 months to get it this whole
chart you know right now it’s measuring in days see that I’ll just click that
little D trite there you can drag it down it says one date that’s too long
click on four hours put a star by it and now that’s gonna be your standard chart
on a free account right we will don’t want days at all you can
click on one hour for that one and now you can liberate a pan from the one hour
to the four hour just that easy right so for the purposes of this video
we’re gonna be using a four hour chart and I’ll show you how you can make it a
custom candle in a second but for now let’s try to clean this up a
little bit I like to have my axis on the left-hand side right so we can just
double click both photos to switch that over again just do whatever is
comfortable for you this is your chart it’s your money and it should be your
settings whatever you know you feel comfortable using right down here this
is like this whole messy little scatterplot thing this is the volume
this is basically the amount of money that came through the market at that
time delete it click it highlight it delete it right you really only need the
candles on your chart right that little red line that’s going across that’s
actually the price right now bitcoin is sixty three hundred dollars they have a
default setting in there to give you that red line all the way across I don’t
like that at all so what I do is I click on the candles right click it actually
you can double click it and that’ll pop this up
symbol last value shall I turn that off so label on price scale you can keep
that on scale left again if you have your scale to the right make it scale
right right and then I like the dark theme you know look like Batman The Dark
Knight alright so here we go now we’re starting starting to get it again we can
just double-click this it might make us do it again show line no scales you want
Auto scale you don’t want to countdown click on that one turn it off and then
right margin I like to have about 10% bottom margin you know about 10% that
just gives you a little buffer on the edges that small places make sure it’s
default because you’ll be measuring a lot of op coins and some of the all
coins are very very small in value so just put it on default that way you’re
always good and then symbol labels turn that on and now you literally just have
the price and the label right there it’s a lot better and you can change this
color to change that label over there I like you know orange or yellow somewhere
in there right so that’s good that’s good water mark
sometimes I like to have the watermark on you can just fade it in just a little
bit what that does is that gives you the label behind the chart that way if you
wanted to take a screenshot or you know share it with somebody they would know
exactly what coin it was and the candle duration that you were using so I like
to have that on crosshairs you can just you know whatever works for you I kind
of like the dotted ones navigation buttons you don’t really need those say
you invisible okay these these boxes over here are
pretty important they’re gonna pertain to this information up at the top right
so that BTC USD 240 coinbase so symbol description keep that turned on o h LC
that stands for open high low close values those are always gonna change
it’s like crazy they just change all the time so you can turn it off indicator
titles keep that on indicator arguments we don’t need that you can turn that off
indicator values let’s keep arguments on for right now so that’s what that looks
like time zones we don’t need that settings tradings we’re not gonna be
trading on trading views so we don’t need that and you can turn all this
stuff off this is just for regular stock market information you keep that on for now if you have
alerts and it’ll kind of show that to you right so there you go this is this
is this is what the inside of my charts look like now the only thing you need to
do now is you need to put the boss method on top of it remember that my
method is based on a system of highs and lows right you only want to buy it when
it’s gonna go higher that’s it and so what we do is we force the data to agree
with that setup right how do we do that 707 77 and 231 those are the three
moving averages but good for you we have a community of tens of thousands of
people and it’s already coded in to trading view right so now all we need to
do is click on indicators type in BK and that’s it right there
ultimate BK moving averages put a little star by it so you always have it 1700
people using it right now and now you will be one of them welcome to the money
team it’s just that easy to get paid now this is what we got right you can click
that little gear and it shows you that three moving averages that you have the
seven the 77 and the 231 right I like to fade out the 231 just a little bit so
you know it’s there but it’s not overly cumbersome you can make the 7 and the 77
a little bit thicker right and make sure it’s scale left precision is default
good good unclick that one unclick the red and now you literally have three
moving averages the last thing you need to do turn the candles off I can’t
stress this part enough the candles are not important the intersections of the
moving averages are all you need to pay attention to right again the candles are
not important the intersections of the moving averages specifically the seven
and seven that’s all you need to look at right and
so how do we turn the candles off click on that little candle icon up top now we
go down to line put a star by that line right and now what it did is it turn the
candles into this little blue line but we still don’t want that so we double
click that blue line click on that blue box and pan that all the way down right
now we literally just have the intersections of the moving averages
right and so we can put together our little tool bar toolbox a couple things
you’re gonna need to do that the brush right there click a little star by it
the brush what does that let you do that just kind of lets you freehand draw in
the chart right and I like to have my brush be yellow so it kind of pops out
right that’s the freehand drawing and then
also for the purpose of my videos I like to have the end of it be like an arrow
that way I can easily show up down around and all that stuff
whenever you want to delete just click that bottom left-hand trashcan and that
will delete for you right – ow – now rectangle I normally have that circle I like to call out and the price label as
well and I’ll show you why in a minute I like the sign line in the cycle line as
well and I like the Dayton price that’s that’s really all you guys need to make
money right sometimes you can just rearrange them to whatever order you
know you use most often but 9 out of 10 times that’s all you’re gonna need so we
can just move that over here and the way the method works is again we just
literally pay attention to the white and the blue line the white line
as we said earlier this is our seven day moving average right
that’s our seven the blue is our 77 and this big great mass right there it
all those are the whales this is our 231 if you want to make money 9 out of 10
times this is how you do it you buy when the 7 goes over to 77 and you sell when
it goes below how much did you make just by doing that
BAM a hundred and forty seven percent in 35 days how much did you save when you
sold it Pam sixteen percent right and you can
literally add it up like this is money on money over time
the easiest way to win money in the markets is never to lose money in the
markets right and so this is almost like a fill fill fill proof method to allow
you to accumulate every single time without ever taking a big loss a lot of
people lost a lot of money right here see that boom boom boom boom we did we wouldn’t have lost any of
that right in fact even on the dips we can still play the dips right
3% right there 20% right there 2% right there 36% right there 23 so even on the downs
we got 3% 2560 almost 80% whereas everybody else lost 63% right
the last thing you want to always remember on this method is that at 231 that’s kind of like the ceiling right as
long as that 231 is on top then more than likely the charts gonna go lower
but once both lines like a deer right there just for a second get above it
that’s when they have a chance to really make some money I call that being clean
and clear right for example right there both lines go above the 231 BAM off to
the races and so that’s literally what what we’re trying to do right now is
we’re trying to clear the house so that we can go up again that’s why it keeps
bouncing up bouncing down 7500 one week 6200 to next week all it’s doing is its
given itself time to get that 231 nice and flat to where the seven goes up to
77 comes behind it and then the 231 Peaks up as well just like it did right
there when that happens it will be a new cycle Bitcoin will be going on to
continue all-time highs when do I expect this to happen when do I expect it to
turn around the middle of September when do I expect Bitcoin to come close to
20,000 again somewhere between December and January right
maybe November more likely December January and that’s given
if this cycle continues keep in mind everything is made of cycles what goes
up must come down what comes down will not stay down forever given the market
momentum of what took it up in the first place right and so again all of this may
be very very very new to you that’s completely
two rules number one follow the boss method it works number two remember if
it ain’t paying it ain’t stand do not Hottel your life
savings away make money now if it’s not making money get rid of it
number three we gonna throw this one in there this bonus turn the bobbleheads on
mute pay attention to the markets the charts tell you all you need to know and
for everybody out there that is how you chart like a boss so I thank you for
joining me thank you to trading view and thank you for watching I think you are
the most important part to this whole equation because once you become
financially empowered you can go get somebody else teach them about this you
know miracle called Bitcoin and how it’s changing world how it’s changed your
life and ideally one day we can all go back to helping each other achieve right
I think all too often we get lost in the cycle of working week to week month to
month year to year and that becomes our whole life whereas once we get that
figured out then maybe we can go back to living again with that being said it’s
that time of the day signing out this is the boats yo boy BK no matter where you
stay Brazil – Bay or California all the way back out to jerk money good night
good morning and good day thank you for joining me thank you for your time if
you appreciate this insight this content give me a thumbs up on this video and
copy and paste this URL text it to somebody you care about say I know how
to chart like a boss watch this video do that for me
if you appreciate mine till we meet again stay cryptic y’all ease

11 thoughts on “How to Trade Cryptocurrency – Bitcoin Trading Explained 2018”

  1. BK, I hope you know you’re a bad-ass! Thanks for sharing your methodology. It’s the safest way to preserve and grow our money that I have come across so far. Much respect sir.

  2. Awesome content. I tried to sign up for a "BAM" membership today but your website wont take my money. "Its a break out, of my wallet" Need help

  3. Yo Boss, sweet video bro great help. Just to let you know the video was fuzzy and couldn't see clearly. Peace a wealth to the common man. ✌

  4. Thank you Brandon, this makes it alot clearder ! You can still make more videos if you can, maybe a BK academy on youtube?

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