Not too long time ago we started the 10KQA Challenge (details about it here). The core idea was simple: build a moderated list of 10,000 questions for anyone who wants to learn more about the blockchain and cryptocurrency in general. This challenge is already in our second week (the first week’s report can be found here)
The main question that has been asked during the last few months is what happened to the crypto market — is it the end of the market or just the average winter/spring correction? This was one of the most questions asked this week.
Here are some useful Reddit threads with discussions of that very question:
The current crypto crash shows that you could try to analyze and diversify your portfolio all you want, but all of the altcoins still just follow the Bitcoin price. So the question regarding what mistakes a young trader could make can are now more than relevant for anyone who wants to dive into this field.
There are 5 common mistakes that you should keep your eyes on:
This leads us to better understand what strategies we can use in this market in order to trade successfully (but you should always remember to trade only the amount of money that you are ready and willing to lose):
The next important question is regarding indicators that will help you analyze the situation.
Here is an interesting answer by WIEFIX, an author at coinpress.io.
He mentions 5 indicators:
And the last, and perhaps the most important, question that should be answered before you start trading is:
Thanks for reading our weekly report. If you have any questions, feel free to ask them with #10KQA on Twitter and we will collect it for a future report. If you are an expert and would like to help out, please don’t hesitate to contact us and we’ll let you know how you can help out the crypto community.
To join our challenge and get new updates, follow us on:
I will be appreciative of all participants, ideas, and discussions. It is my hope that we will all be able to get something positive from the process and that unforgettable feeling of having a flow.
We are also looking for moderators to join our challenge who will learn with us and search for new questions and answers regarding the blockchain and crypto in these categories:
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