Capitalize On A Proven Strategy Developed By Avi Gilburt
In Crypto Waves we use Fibonacci Pinball to identify key price regions where cryptocurrencies should turn, as well as support and resistance for managing trades. We were mentored by Avi Gilburt, who developed the Fibonacci Pinball method of Elliott Wave theory. We were the earliest members of his team to apply the method to cryptocurrency, and have found it to be extremely effective in keeping us on the right side of the cryptocurrency market’s direction.
Does the Elliott Wave theory, and Fibonacci Pinball really work for cryptocurrency? Yes. The Elliott Wave theory is a theory that suggests investor sentiment runs in a pattern of waves. Each wave has a mathematical relationship, one to another. Cryptocurrency is a purely sentiment-driven market. Cryptocurrencies are investible tokens that represent very experimental projects. But for the most part, those coins do not give the holder the right to cash flows or any rights normal securities do. Further, there is not an accepted method of coin valuation though there are many potentials debated. This means that participants in the crypto mark fly quite blind in regard to valuation, and instead trade on purely sentimental terms.Given this context, it is our experience that the wave patterns we see in crypto can often be more pure and clear than we see in other asset classes.
This includes swing as well as long-term setups, where to enter, and where to manage risk.
How To Buy Waves Coin: The Complete Guide
The Waves platform was established in 2016 with the primary goal of facilitating the customization of tokens, decentralizing further the concept of blockchain technology and allowing entrepreneurs to do their thing via a shared infrastructure. The infrastructure delivers a simple to use platform for anyone to access blockchain.
To put it into perspective, more than 12,000 tokens have been released on waves, with the tokens tradable on Waves DEX platform from the get-go.
Waves blockchain is a proof-of-stake algorithm that rewards coin holders with the commissions from transactions.
Is Waves Exchange A Good Buy In 2022
Based on multiple technical quantitative indicators, the current forecast for Waves Exchange in 2022 is Neutral. This could be an indication that Waves Exchange is a bad buy in 2022. However, its important to consider both technical factors and fundamental factors before making the decision to buy Waves Exchange or not.
Also Check: What Is The Best Cryptocurrency To Invest In
Cryptos Belong In Every Portfolio
Cryptocurrencies, particularly Bitcoin, have a place in every portfolio. Steadily, they are growing into an established asset class alongside stocks, bonds, futures, and options as institutional participation and liquidity increases. Corporations such as Square, Microstrategy, and Tesla have made large Bitcoin purchases for their corporate treasuries, and more brokerages have added crypto trading to their offerings. Crypto is here to stay.
Crypto offers a unique opportunity in its volatility, provided you have a strategy for capturing returns while minimizing risk. Notice the Sharpe ratio, a measure of risk-adjusted return, of Bitcoin over the last seven years in the chart below. Despite its immense volatility, Bitcoin shows the highest four-year Sharpe ratio among a basket of asset classes. Are you capturing this outsized return?
Bitcoins Sharpe Ratio compared to other asset classes. Chart is from charts.woobull.com.
Waves Price Prediction 2024
Stating that a jaw-dropping price possibility does exist and that bulls will ride the crypto market, it is once again expected that Waves will rule the cryptocurrencies kingdom with a performance of price pegged at $85. This is equivalent to the same predicted end of the year 2023, which shows Waves has full potential to not only sustain a bullish price but consistently grow even in adverse conditions.
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Depositing Btc To Exchange
After you have created your trading account setup at one of the exchanges that trades Waves Ducks , you will need to transfer your BTC from Binance to that specific exchange.
Usually done through a wallet system. to huobi deposit move your mouse over to Balances on the top right and click Exchange Account. Look for BTC from Token section and copy the given Deposit Address
To do this part may be a little difficult but dont worry, it is easier than a bank transfer. Then copy your unique BTC wallet address and go back to Binance.
Then move your cursor to Wallet on the right hand side of the topbar and once the popup shows up, click on Fiat and Spot . Look for BTC in the list and click on Withdraw on the right hand side.
You have to paste the deposit address you just copied from the other exchange and select BTC as the transfer network. Type down the amount that you want to withdraw .
Next, click on the Submit button to begin with the withdrawal process. To proceed with the withdrawal, Binance may ask you for your 2FA code and also you will have to confirm the withdrawal with an e-mail.
Thats all, now you should wait for a while so that the blockchain to confirm your transaction.
How To Buy Waves With Bitcoin
The Waves Platform is a cryptocurrency platform that brings multiple advantages to the crypto world. Not only is it an extremely simple platform specifically built for the mainstream audience, but it also allows users to take advantage of unique features such as a one-click token issuance mechanism and to pay for transaction fees with custom tokens.
The native cryptocurrency of the Waves Platform is the Waves token which is a Delegated Proof of Stake cryptocurrency, meaning that it can be easily mined by leasing your balance to a full node and collecting rewards from the transaction fees within the network or even by running your own node – Learn more
There are multiple ways of buying Waves with Bitcoin and fiat. You can use the Waves decentralized exchange or even buy Waves with your credit card through the liteclient, although only 50 USD can be purchased at the moment.
We are planning to do a guide on the Waves Decentralized Exchange in the future once its fully finished. Right now, there are some exchanges that feature the Waves token but this guide will teach you how to buy Waves on the Bittrex exchange, a platform where users can find multiple cryptocurrencies that are not on other more popular exchanges. Bittrex does not allow fiat, however, so you can check this guide to learn how to buy Bitcoin first.
Part 1 – Create an account on Bittrex
Step 1:Click here to go to Bittrex
Step 2:Click Login
Step 5: Click Sign Up
Part 2 – Login and deposit Bitcoin
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Set Up An Account On Binance
Whichever of the above options you choose, the first step is to join Binance- click here to go to the site.
Enter your email address and a strong password .
You will be sent an email with a verification code. Go find that email .
Once you have the code enter it on this page.
If you’re buying Bitcoin from another exchange and sending it to Binance then click here. Otherwise keep following this guide.
You will be given some options on how to get started.
However you won’t be able to use any of these options until you’ve added more security to your account and verified your identity. So for the moment click the ‘go to dashboard’ link.
You will be asked to increase your account security by enabling 2FA . Click the Google authentication option and follow the instructions to set it up.
Once your account is secured, return to the dashboard and click ‘security’.
On this page you will see ‘basic information’. Click ‘verify’. Enter your name and address as it appears on your personal identification .
You will then be asked to verify your identification and face.
Start the verification. Select the country your identification was issued in and the type of identification you have.
You will then be given the option to either take a photo of the identification and your face using your webcam or upload files of the same. If you’re on a mobile phone, you can click the supplied link to continue verification on your phone.
What Is The Easiest Way And Best Way To Buy Compare The Top Waves Brokers
Waves is one of the top crypto platforms with a lot of use cases. Currently, it sits at number 60 with a market cap of over $1.7 billion. This makes the project easily accessible on top crytocurrency exchanges and online crypto brokers. Today several brokers offer access to this token however, you should opt for the best that boasts an excellent reputation and those that offer easy-to-use platforms. The good thing about brokers is you don’t have to own the actual asset and have to deal with the complications associated with the endeavor. Also, you get to exploit positive and negative price movements with great returns.
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Where To Buy Waves
You have three options when purchasing Waves coins, these include:
- Through a cryptocurrency exchange
- On the Waves Decentralised Currency Exchange
- From the Waves client
Before purchasing Waves, you should create a Waves digital wallet. This is available by visiting the Waves platform and choosing the Get Waves option on the homepage. This will walk you through creating an account and obtaining a digital wallet.
Should I Invest In Waves
You might want to if youre looking for a platform that offers similar benefits to Ethereum at a cheaper price point. It also has some unique features of its own, that makes it easier to create and trade tokens and build advanced applications.
Owning the Waves token itself gives you a stake in that platform but it also gives you the opportunity to earn some extra money. Waves owners earn a portion of the transaction fees from other coins made on the platform.
That means Waves could be an interesting opportunity if you want to hold it for a long time or have the expertise to stake it. Or simply if you think that its ability to make cryptocurrency approachable to more people sets it up well for the future.
Create Waves Digital Wallet
As is the case with all of the other cryptocurrencies, it is always advisable to select a wallet that has been recommended by the project website, since compatibility and security levels will vary between the wallets and the developers of a particular blockchain tech will have considered certain wallets during the development phase or even developed their own, as is the case with Waves.
The first step in the process is to download Online Client from the Waves Platform website, by going to the Waves Platform and selecting the Get Waves option at the top right of the homepage.
The first part of the process is to create an account that can be done at the Get Waves page on the Waves Platform, by selecting Online Client .
There will be a number of pages to read through, requiring acknowledgment of liability, in the event of loss of funds or SEEDs, which lies with the owner and not with Waves Platform, together with some advice on wallet management and protection against phishers.
Once youve been through the pages, you will reach the Waves Platform page.
Select Get Started in order to create a new account, where you will be prompted to first select your address avatar and then enter an 8 character password.
Once you have selected the avatar and entered and confirmed your password you will be given the option to back up now or do it later. We would recommend opting for back up now before progressing.
Select the words in order of the phrase saved and click Confirm
The 11 Best Cryptocurrencies To Buy
Going forward, I will describe each coin, its purpose, team, liquidity, price volatility, and other metrics.
In the end, you will have a solid understanding, so that you can decide for yourself which is the best crypto to buy in 2021.
I will start with popular, well-known cryptocurrencies. Ideal for beginners.
Then, I will move on to some more advanced coins.
These coins may generate more profits, but they require you to know a bit more about them.
Plus, they are likely more volatile than the first coins on my list.
If youve already invested in top cryptocurrencies offered on platforms like Coinbase and want to expand your portfolio, then the coins at the bottom of my list might be the best crypto to invest in.
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Whats So Special About It
- High-throughput – The recently launched Waves-NG mainnet is capable of handling around 100 transactions per second , compared to a max of 7 tps for Bitcoin.
- Low transaction fees – These can be as low as 0.001 WAVES for regular transactions or 0.005 WAVES for transactions that invoke a script.
- Ultra inclusive – Waves’ Leased Proof of Stake consensus mechanism ensures anybody with WAVES tokens can earn rewards by leasing their tokens to mining nodes.
- Smart tokens – Waves’ smart tokens can be launched by anybody since there’s no programming experience required. Creating a token on Waves is as simple as a few button clicks.
Did you know?
Ethereum is arguably Waves’ biggest competitor, since it is the most popular platform for launching tokens on.
Final Words On These Exchanges
This is a good list for you to start with when trying to decide which exchange is right for you. The best way to buy cryptocurrency using exchange will depend on many things âespecially your location.
Always make sure that the coins you want to buy are available on the exchange you choose, and that you are happy with the level of security that exchange offers.
Now, thereâs something you should know: buying cryptocurrencies on broker exchanges is not the only way you can buy crypto with your local currency. If itâs Bitcoin or Ether you want to buy, you can buy it with cash. Thatâs right â you can buy Bitcoin and Ether with cash.
Quick note: âcashâ means paper money.
Also Check: How To Buy Crypto With Cash
Carefully Choose Your Preferred Secure Payment Method
Most platforms that offer access to Waves will provide various payment options, and depending on regulation the supported methods will differ. You will realise that maybe in your country, the central bank has warned financial institutions from supporting crypto transactions, and this will mean bank transfers or the use of debit/debit cards might not work. The only way you can use your local currency to purchase Waves, in this case, is via P2P platforms, where you get to trade with fellow citizens. But, most P2P platforms will support only the popular coins such as BTC and ETH. This means you will have to go to a platform that allows you to trade either BTC for WAVES.
As for brokers, most of the popular payment modes should work however, ensure to check if your most convenient modes are supported.
Buying Your First Bitcoin
To send money to your Crypto wallet account on Binance either directly via your bank account through SWIFT money transfer or you can opt to use your debit/credit card. For this part, I will guide you on how to use your credit card.
Binance previously didnt allow the use of credit or debit cards on its platform, but the same has been introduced. Binance partnered with Simplex to allow its users to use their credit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, low transaction charges, and more transaction flexibility.
I highly recommend buying Bitcoin first and then trading it for the right amount of Waves Ducks .
It is easy to purchase Bitcoins via your credit card but I will elaborate on best ways you can do it step-by-step to make sure you understand all the trading nitty-gritty.
Also Check: How To Margin Trade Crypto
How Was Waves Developed
The Waves blockchain was developed back in 2016 by a Russian entrepreneur by the name of Sasha Ivanov. The founder wanted to develop a platform that simplified the crypto token process for users and gave them the autonomy to create their tokens with ease.
At the same time as developing Waves, Sasha developed the Waves Platform AG which is a non-profit company to drive and fund the blockchain. Operating from Moscow Russia, the Waves Platform has been the backbone of its domain blockchain network.
Back in 2016, right after the creation of the Waves cryptocurrency, the initial coin offering for WAVES was initiated. The process raised around $22 million in a short span of time. After the success of the coin offering, by the last quarter of 2016, WAVES cryptocurrency became fully functional.
Buy Waves On Binance Using Bitcoin Bought On Another Exchange
Now you need to buy some Bitcoin. Follow our guide to buying Bitcoin here.
Once you have Bitcoin, send it to your Binance Bitcoin address.
The process of sending Bitcoin varies by exchange, but the guide you used to buy Bitcoin will also explain how to send it.
It can take 20-60 minutes for Bitcoin to send and confirm. You don’t have to sit and wait- once your Bitcoin has been successfully deposited to Binance you will be sent a confirmation email.
Once you’ve received the email .
The exchange page can look overwhelming at first but don’t worry, you’re only going to use a small part of it.
There are two ways of buying Waves- a limit order and a market buy :
A ‘Limit’ order
A limit order lets you manually set the price at which you want to buy Waves .
In the ‘exchange’ section of the page select ‘limit’.
Enter the price you want to pay for Waves in the ‘price’ box.
Then enter the amount of Waves you want to buy in ‘amount’.
You will be told the total amount of Bitcoin the order will cost. Press ‘buy WAVES’.
Note: your order will only fill if the price of Waves reaches the price you set.
A ‘Market’ buy
A market buy fills your order automatically at the best price available.
In the ‘exchange’ section of the page select ‘market’.
In the box marked ‘amount’ fill in how many WAVES you’d like to buy. It may be easier to use the percentage buttons below the input box- for example, press 50% if you’d like to exchange 50% of your Bitcoin for WAVES.
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