We have been killing the markets on this channel.
You guys have seen it every single day on our livestreams.
Lots of greens, hardly any reds.
The perfect recipe has been Bybit and Market Cipher.
We have used this tool over and over again to show you guys how to turn into winning traders.
There’s this narrative out there that 90% of traders lose and its extremely hard to win.
Like, yeah, if you are going off of nothing and just making trades based off of feelings,
that’s a good way to consistently lose.
But we win on this channel.
It’s what we do.
It’s why we’ve exploded.
And the BitSquad is winning, too. We see the numbers.
But everyday, we are showing you the desktop way to win.
But did you know you can win just as much from your mobile phone on the go?
Stacking sats while you're mobile?
Today, I’m going to be giving you an overview of how to use Bybit and Market Cipher
all from the palm of your hand.
Let's get it!
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Welcome to BitBoy Crypto! The largest crypto channel in all the Interwebs.
My name is Ben.
Everyday on this channel, I show you how to make money in cryptocurrency.
If you like money and crypto, make sure to hit that subscribe button.
And if you like tutorial videos, also smash up the likes for you.
Today, we're going to be looking at Market Cipher and Bybit tutorials from the mobile phone.
Okay, so before we jump in to mobile, here I am desktop on bitboycrypto.com.
If you just click DEALS right here on the homepage, it will take you to bitboycrypto.com/deals.
This is where you can sign up for Bybit or for Market Cipher that we will be using today.
So, once you've done that,
then all you've got to do is go over to your home screen on your phone,
wherever you've got your apps at, so.
You guys can see I've got Bybit and TradingView right here.
Now, once you enable Market Cipher on TradingView on the desktop version,
you will then be able to use it here on mobile.
So if I just click here, let's say on the Bitcoin/USD pair,
get rid of my little drawings here.
I think that was a picture of Crypto Face that I drew.
And you guys can see that right now, I can get everything on mobile
that we get from Market Cipher on desktop.
So you guys can see that I've got my candles, I've got my waves, I have my icons,
if we pull it in a little tighter, you see a lot more the icons.
You guys can see, yes, there is, in fact, my TA where I drew Crypto Face on the livestream the other day.
But you have all your oscillators at the bottom.
If you want to move charts, you just click here at the bottom,
and you can go to the different charts, go to the one-hour chart.
You see the one-hour chart looking, you know, pretty bullish for Bitcoin here.
You got a green dot on Market Cipher on the momentum wave
it looks like about a few hours ago.
So you can use Market Cipher very easily on mobile on TradingView.
Now, to use Bybit,
it's very similar.
The Bybit app is really great.
I really love it.
Once you sign into it,
you don't have to worry about VPNs and things like that.
I use Unlimited VPN.
You guys can get that link also.
Down in the description, we'll put our VPN link, so you guys can go check that out.
But once you get signed in, you don't have to sign in for a long time,
and the app works,
and you don't have to use a VPN all the time,
it's really nice.
So you guys can see here on the home screen,
it's going to take you to, it's going to show you all the different assets that you can use on Bybit,
your USD pairs and your USDT pairs.
I only use the USD pairs, so I'm actually trading the asset itself, not a derivatives version.
So if you want to check out any of these,
all you've got to do is just click on them.
If you click on Bitcoin, it's going to take you immediately to the Bitcoin chart.
You guys can see it's challenging all-time highs right now.
It actually hit--
It looks like a new all-time high at $53,371 just a little bit ago.
The chart works very similar to the chart on Bybit.com on the desktop version.
Nothing to really see there.
If you scroll down the page, you see the order books,
you see a lot of people selling here at this range,
you guys can see buy and sell orders and things like that.
Now, this is where a lot of people get messed up. They don't know where to make their trades at.
To make the trades,
all you've got to do is click the arrow buttons down in the bottom of the screen on the middle.
So you click that.
And then if you want to set an order,
all you do here is go to order price,
and let's say I want to set an order for $52,800
and let's say I want to do a million contracts,
I would just type in a million there.
Make sure you get enough zeros if you want to do a million.
I've accidentally had, you know, orders for 100,000 when it should have been a million
that ended up costing me a lot in gains.
But you can also use the slider here.
And you can get 10% all the way up to 100%. Very easy to do that as well.
So, you know, what you may want to do is just make sure you slide in under a million contracts
depending on your risk limit,
and, you know, then you can execute your trade.
If you want to kind of chase a number,
let's say you want $52,900,
all you do is you just click on it.
When you click on it, it'll automatically show up there in the USD value.
Now, you can, of course, click here and go to market order or conditional order.
I only suggest using limit orders. You save a lot on fees that way.
Now, let's go ahead and execute a trade here and see what we can do.
Let's set that thing for $53,100.
And then hit Buy/Long.
And hopefully it'll get filled here in a second.
I'd like for it to get filled in-- of course, it got filled because we placed the order above.
I like for it to get in the green.
That would be nice.
It's barely in the green right now.
But if you just click this right here,
all you've got to do to adjust your order is to click on the position.
Now, if your order didn't get filled, it will show up here on the orders tab.
But if you hit Positions,
then you click on the position,
and now you can set your take-profit or your stop-loss.
Now, the one difference that at least I've seen, maybe you guys have figured out another way to do it,
but, for me, I've noticed that when I set orders, I can only set a take-profit and stop-loss
after it gets filled.
I can't do it on the order that's unfilled.
So keep that in mind.
You don't want to like set an order and then forget about it and then, two days later, you go back,
and it got filled and you got liquidated because you weren't paying attention.
So I always try to make sure I'm monitoring the price to know when my order gets filled
so I can come in here and set my stop-loss.
You know, set it 5%, 15%.
You guys know how we like to do it. We like to set some profit.
Once we're in profit, we set our stop-loss so that we, in the trade, no matter what, in a win.
That's how we get so many greens on our, you know, P&L statements.
Take Profit, you just click that.
You can say if you you want to make 25%.
I'll just go ahead and click Confirm there for that.
And if it goes down to $52,830, we will go ahead and hit a stop-loss.
And that is pretty much how you execute your trades.
Now, you can also monitor your dollar amounts--- how much you're up, how much you're down.
On the left side, it's going to show the unrealized profit and loss from the last traded price.
On the right side, it's going to show the mark price.
And there can sometimes be quite a spread on those.
That's why sometimes you think you won a trade.
It was a very small percentage, and you actually ended up losing it.
You can kind of see what your margin is down at the bottom.
You can, of course, set a trailing stop loss on this page as well.
Now, as far as your alerts, you can set alerts here.
I don't really mess with alerts.
It might be something that we do down the road.
But here, you can click your assets and you see how much is in your account at any given time.
You can trade Bitcoin, Ethereum, EOS, XRP and USDT contracts.
Now, if you wanted to deposit Bitcoin and move it over to Ethereum, or--
a little note here,
XRP is pretty much banned from trading everywhere these days,
but you can exchange it on Bybit.
So you can actually send some Bitcoin in and exchange that over to XRP
if that's something you're interested in.
I do have some XRP on Bybit on another account that I have.
But I'm not using that as a technique necessarily,
but that is just a little hint for some of you guys
that for whatever reason would still be bullish on XRP at the current moment.
If you want to exchange your Bitcoin for Ethereum or any other asset,
you just hit Exchange there,
and then you would hit the amount.
If you you want to trade 25% over, 50%, a custom amount.
If a custom amount, like if you just want to do one, you just type in "1" Bitcoin.
If you want to move ETH to Bitcoin, you just hit the arrows there.
And, you know, any other asset you want to make those trades you could right there.
Of course, you can deposit or withdraw very easily by just clicking those in.
And then, of course, you're going to have to use your 2FA to get those withdrawals to go through.
There is a settings tab up there on the top right. It's where you can set your username.
There's really nothing on here that I mess with other than to make sure that we are on day mode.
God forbid we will be on light mode.
That is so crazy.
Always night mode, guys. It's better for your eyes.
And as you guys know, you've got to wake up in the middle of the night often and check your trades.
So it looks like right now we're down on this trade a little bit.
I hope that doesn't end up biting me and be in a red trade.
It's just for example purposes, guys. Just for example purposes.
So just a reminder, if you want to sign up for Bybit and Market Cipher,
but you've been wondering if you can do it on your phone
and you haven't went through that process, you can go to bitboycrypto.com/deals,
sign up,
and then you can do everything right on your phone.
You can download the Bybit app.
You can download TradingView's app,
and then Market Cipher on your account will automatically be synced up to it if you have purchased Market Cipher.
I trade on the go obviously quite a bit.
I try to balance it out with family life and being at home,
but when you got a big trade, you do have to monitor it.
That's why trading is kind of a big commitment.
But you guys have seen on this channel, we've absolutely crushed it over 2021 so far.
And we look for that to continue and we make use of both the desktop versions and the mobile versions.
So, guys, if you got any comments or any other suggestions of videos you want to see,
tutorials involving Bybit or Market Cipher,
make sure to drop that down below.
That's all I got.
Be blessed.
BitBoy out.