LINK: Video & tutorial on trading the head and shoulders pattern.
Technical analysis of charts can sometimes be very helpful to traders. There are many different patterns or trends that appear in stock and cryptocurrency charts. Understanding these patterns and recognizing them can help give the investor an edge.
Nothing is 100% when speculating on price, but this is a simple tool, many investors use to watch the price and speculate on its next likely position.
As many of you know The Dood is a huge fan of OKcash! I was talking with my cousin the other night and she expressed an interest in learning about cryptocurrency. I decided to get her and a couple other relatives started with OKcash this Christmas. It’s a strong coin, has a decent market cap for an alt, and lots of community support. Not to mention an easy to use wallet with support for most OS platforms.
IMO the best way to hand out holiday cryptocurrency would be to hand out paper wallets. However, to insure that the paper wallet had a backup I also backed it up with an image and uploaded it to a USB drive. I then placed the printed out paper wallet, and the USB stick in a gift box and wrapped it for presentation. Here’s what I did.
Finished product! Paper wallet printed out, usb stick with jpg image of paper wallet.
First thing go to the OKcash github to create your paper wallet.
There are multiple themes to choose from, I selected one of the Christmas themes.
Now make sure you press the single wallet tab, then click on generate wallet and it will automatically generate the wallet for you and create a couple matching QR codes for the public and private address. Now take a screen shot of the wallet you created and save it in jpg format.
The paper wallet screen shot that was printed out and saved to USB stick
I should note, that there is a way to create a really cute paper wallet / gift card but using my Firefox browser I just couldn’t get it to print large enough. I have no idea what I was doing wrong, whether it was my printer or the browser but it just wasn’t working for me. However, taking the screen shot and printing them out almost reminded me of a stock certificate and it looked really cute with the Xmas theme. So I took the screen shot, cropped the image in Gimp however any image editing software would do, printed it out and then loaded the image onto a USB stick for a backup.
Now if you have a phone wallet, that you’ll use to load the wallets, just scan the public qr code on the printout and transfer the OKcash. Send a small amount first, then go to the blockchain and make sure it accepted it and everything is working good.
If anyone is quick enough, there’s 9 OKcash for the grabbing. Not a lot but I wanted to show a test transfer for loading the wallet.
Once the paper wallet is loaded, place in box with USB drive, wrap and give for Xmas.
What a fun way to introduce friends and family to cryptocurrency. You can do this with any cryptocurrency that offers a paper wallet. The process is pretty much the same. Thanks for reading, happy holidays, and wishing you all a prosperous New Year!
The Dood wishes you all a happy holiday and prosperous new year!
Here’s a video from OKcashHelp showing you how to do it.
Don’t forget to check out the OKcash forum, when you get a chance.