Bitcoin Geek An Otaku Perspective on Bitcoin Thought: Sasaki Toru (FX攻略.com March 2018 issue)
Sasaki Toru Profile
He is the operation head of the online school "Cocosta" where you can learn trading methods from foreign exchange to commodities and cryptocurrencies, and he is also a active trader, entrepreneur, and marketing strategist. With more than 3,000 students, in 2014 he became the first Japanese top 15 instructor on Udemy. He handles trading in the “Blockchain and Our Future” program operated with evangelist instructors. He holds the CMT Level 1 certification from the United States Technical Analysts Association. On the English-language YouTube channel "Bitcoin Geekend," which has been streamed since 2016, the number of followers exceeds 2,500. He is the representative director of Fam Co., Ltd.
How to Avoid Unwanted Accidents
When buying and selling virtual currencies, including Bitcoin, there is a possibility of losing a large amount of money simply because you do not know one simple rule. In this article, I would like to write about methods to avoid those unwanted accidents.
Think of swimming in a race and jumping into a pool. What would you do first?
Of course there will be warm-up exercises. But more than that, wouldn’t you first check the depth of the pool? Because if the depth where you jump is too shallow, you could strike your head and suffer a serious injury.
The same thing applies to cryptocurrency trading. Chart ① shows the price that actually occurred at GDAX. There is a gigantic lower wick that drops from a gondola into the air at a price that had been fluctuating above $300.
The price at that moment was $0.01. Let us dig deeper into why what had been trading at $300 just before turned out that way.
