Blimey, I always forget how long it takes to sort out video stuff when compared to doing the podcast… Anyway, here’s the latest instalment of Little Metal Television! This time around I got to meet up with a previous guest on the show, designer Matthew Dunstan. He’s responsible for the latest release from Days of Wonder with his brand new game called Relic Runners – not too bad considering this is his first published effort!
The things that you should know if you want to start trading the cryptocurrency
Apart from the things that we already know like we should have a wallet and a platform to start trading Bitcoins and become a Bitcoin Trader, there are few other things that are enlisted below that you can understand and start trading the cryptocurrencies.
- Not a part of normal stock exchange market: When we say cryptocurrency exchange, many times it so happens that people confuse it to the normal stock exchange that is present or the thing that it might be a part of this. Cryptocurrency exchange and the stock exchange are completely two different platforms. You can choose to use Coinbase which is an exchange as well as a broker for trading or even better the advanced version of Coinbase that is GDAX which will cost you less. Both the Coinbase as well as GDAX are nothing like the Wall Street the exchanges that are present here, however, the mechanism both these platforms use are same and the entities and specifications used are different.
- The people who are new at this preferably choose to trade stocks that are related to cryptocurrency on the stock exchange market. There is a trust known as GBTC which has Bitcoins and its shares are sold by this trust eliminating the necessity to trade the Bitcoins directly. The main stock exchange for Bitcoins is GBTC which was established in the year 2018, however, one must know that the shares of GBTC trust are more expensive than the Bitcoins. And another difference the regular stock market and cryptocurrency exchange have is that cryptocurrency trading takes place 24 hours and the market is open for 24 hours whereas the regular stock market is not open 24 hours.
- Coinbase is the best and the easiest place where you can buy or sell or store the cryptocurrency. Currencies like Bitcoins, Ethereum, Litecoin, and Bitcoin cash can only be stored, that is sold on Coinbase. If you want to trade this you will require an exchange that Coinbase can offer such as
- In the year 2018, the market of cryptocurrency has been insanely unpredictable. No matter whether you trade Bitcoins or any other type of coins or make use of GBTC trust just within a fraction of seconds you can either make a fortune out of it or lose everything the next second. One can mitigate such risks by hedging, making sure that you don’t ‘go-long’ on the funds that are investible.
Recorded live at Thirsty Meeples – Oxford’s utterly wonderful board game cafe – as part of their Week of Wonder that celebrated the games of DoW, we discuss how Matthew got into designing, where Relic Runners originally came from and what he loves about gaming. Thanks to the lovely team at the cafe for inviting me to speak with him! Mle: Mlie as jears Omtq nemnje baue nmrsed sbcr ymt aqe qeady sm assekns ymtq kcrrcml.
A few links for your social media pleasure!
Matthew can be found on Twitter as @wisegoldfish
Thirsty Meeples are on there too – @ThirstyMeeples – while their site can be found at http://www.thirstymeeples.co.uk/
Relic Runners BGG page: http://boardgamegeek.com/boardgame/144270/relic-runners
And finally, Days of Wonder can be found at http://www.daysofwonder.com