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Investment Strategies
in Bitcoin
Harry Yeh
Binary Financial
http://binaryfin.com
@harryyeh
info@binaryfin.com
Trading Bitcoin
 Trading 101
 Fundamental Analysis
 Technical Analysis and Charting
 References
 Q & A
Trading 101
Trading 101
 Where is the price going to be?
 Ways to Trade Bitcoin
 Terminology
 Trader Psychology
Where is the price going to
be?
Where is the price going to
be?
 Use a combination of fundamental analysis and
technical analysis
 Trend Following
Ways to Trade Bitcoin
Ways to Trade Bitcoin
 Money Making Methods
 On Exchange
 OTC (Over the Counter)
 Arbitrage
 Market Making
Money Making Methods
 "Buy Low - Sell High"
 Margin Trading shorting (Bitfinex)
 Futures trading (Huobi,BitMex) - Derivatives
 Options (In the works - CFTC LedgerX )
On Exchange
 OTC (Over the Counter)
Arbitrage
 Simultaneous Buying and selling of the same
commodity or currency in one market and
selling on another
 Buy OTC (over the counter) and sell on
Exchange
Market Making
 Providing Liquidity - essentially providing
Limit orders for both buy and sell
 Profit from the spread
 Usually Algo Trading or HFT Electronic Trading
Terminology
Terminology
 Bid / Offer / Buy / Long
 Ask / Sell / Short
Trader Psychology
Trader Psychology
 Cut Losses Quickly
 Let Profits Run
 Always have an exit strategy
 ATP = Always Take Profits
 ATB = Always Be Trading - 10,000 hrs to be
proficient - 40,000 to master
Trader Psychology
 DONT PIG OUT!!!!
Fundamental Analysis
Fundamental Analysis
 What is Fundamental Analysis
What is Fundamental
Analysis
 Fundamental Analysis in Bitcoin is primarily
News Analysis and Macro events
 Bitcointalk, Reedit /r bitcoin
 Research Driven -
Technical Analysis and
Charting
Technical Analysis and
Charting
 What is Technical Analysis
 Tools
 Type of Charts and Data
 Technical Indicators
 Chart Patterns
What is Technical Analysis?
What is Technical Analysis?
 Study of Charts and Patterns to determine
where the price may go
 Past performance gives a better indicator of
how something may perform
 A Self Fulfilling Prophecy - used by Traders
Tools
Tools (Software)
 (RTBTC)
 Bitcoin Wisdom http://bitcoinwisdom.com
 BFXData.com
 cryptowat.ch
 Notifications
 Use Apps to Notify on Pricing
Zero block
Bitcoin Wisdom
cryptowat.ch
BFX Data
Tools (Hardware)
 Notifications
 Apple Watch
Tools (Hardware)
 Trader Workstation
Tools (Hardware)
Tools (Hardware)
Types of Charts and Data
Types of Charts and Data
 Bitcoin Price Chart
 Visual Depth Chart and Order Book
 Time and Sales
Bitcoin Price Chart
Visual Depth Chart and
Order Book
Time and Sales
Technical Indicators
Technical Indicators
 Candle Sticks
 Volume Indicator
 Exponential Moving Averages
 Stochastic (Momentum)
 RSI - Overbought / Oversold
Candle Sticks
Volume Indicator
Exponential Moving
Averages
Stochastic (Momentum)
RSI - Overbought / Oversold
Chart Patterns
Chart Patterns
 Parabolic
 Dead Cat Bounce
 Sideways Action
 BULL BEAR WHALE (rare)
Parabolic
Dead Cat Bounce
Sideways Action
BULL BEAR WHALE
References
References
 https://bitcoinwisdom.com/
 https://zeroblock.com/
 https://coindesk.com
 http://bfxdata.com
Books
 Trend Following - Michael Covel http://
amzn.to/1mAthZW
 Trading for a Living: Psychology, Trading
Tactics and Money Management http://
amzn.to/1uc2e0T
Binary Financial
 Hedge Fund
 Electronic Trading, Market Making
 Facilitate Large Block Trades with High Net
Worth Clients and Institutions
 Trusted Counter Party
 Investments
Contact
 http://linkedin.com/in/harryyeh
 info@binaryfin.com
 http://twitter.com/harryyeh
 http://twitter.com/binaryfin
Q & A
Thank You
The North American Bitcoin
Conference! (and Moe)

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