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141  Alternate cryptocurrencies / Altcoin Discussion / Re: Lessons from crypto in 2018 on: August 01, 2019, 04:26:37 PM
A good lesson I learned in 2018 was that Technical Analysis doea not applyin crypto. The biggest issue with Technical Analysis is that the market can change very quickly.

The whole idea of Technical Analysis is the assumption that news is factored into the price but when new news comes out, it would invalidate the Technical Analysis so having a bot do the job will be able to constantly update the analysis done.
142  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Stake vs Fixed bounty allocation on: July 31, 2019, 04:43:57 PM
It all depends on the hype of the project.  If the hype is very high then fixed allocation can be a much better option as after splitting the stakes through all participants the number of tokens you'll get will be most likely very low.

If the hype is low, this means the bounty pool is split through less participants, then stakes is a better option here.
143  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful of alts you hodl on: July 31, 2019, 04:39:47 PM
You should not keep more than ~25% from your holdings in altcoins.

Crypto market is cyclical, bull and bear periods will come, but overall altcoins will not behave better than Btc on longterm.
144  Other / Beginners & Help / Re: BTC private key character length on: July 31, 2019, 04:35:39 PM
Personally, I would recommend you to buy a hardware wallet instead of taking care of your private key.

This way, your private key will never leave the device and it cannot be hacked.
145  Alternate cryptocurrencies / Altcoin Discussion / Re: trade makes me poor on: July 31, 2019, 04:31:43 PM
I'm sorry for your loss, mate. Maybe you should try some arbitrage instead of classical trade. I made tons of money with arbitrage. It was worthwhile during the crypto bubble in 2017. I will explain why was it profitable back then, and not so much today.

First of all, we need to define atomic and non-atomic arbitrage, pros and cons of both methods.

Arbitrage consists of two trading operations and one or more fund transfer operations.

If sequence of arbitrage is trade->transfer->trade , this is non-atomic arbitrage, and is susceptible to transfer speed. Transfers between exchanges are really long, and anything lasting more than few seconds is putting you at risk.

If sequence of arbitrage is trade->trade->transfer, this is atomic arbitrage. Naturally, you need to have funds and specific coins ready on multiple places at once, perform trades at once, and then rebalance your funds. Transfer itself is outside of arbitrage opportunity, and this is the only professional way of doing it. You need to create your own software, connect to particular exchange APIs, and detect favorable trading opportunity.

Now, you might ask why the bubble matters? In bear market your coins might lose value overtime much faster than you would gain arbitraging. Frequency of opportunities also is much lower today. However it's still possible to earn smaller amounts, but if you account for risks such as exchange hacks, exchange closures, scams, overall risky trend etc... It's just not much better than being shitcoin "investor" .
146  Alternate cryptocurrencies / Altcoin Discussion / Re: Lessons from crypto in 2018 on: July 31, 2019, 04:28:31 PM
One of best lessons I learnt in 2018 is that working in the crypto industry can bring you a lot of money.

Join telegram, know a lot, be active in communities, become community manager. Average salary for community managers is between 500-2000 USD. If you are a dev, you can make even more
147  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bad days for crypto on: July 30, 2019, 04:58:55 PM
If you bought some crypto try not to think for one year or so only. Think of it as a long term investment and you can reduce chance of a loss.

And never panic sell at every market correction.
148  Bitcoin / Bitcoin Discussion / Re: With Bitcoin, a future is not clear on: July 30, 2019, 04:54:10 PM
I think it's possible for BTC to hit 20K by the end of the year. However, its hard to predict the price and even experts get it wrong.

You should never invest in crypto more than you can afford to lose.
149  Alternate cryptocurrencies / Altcoin Discussion / Re: New coins – GRAM, LIBRA, LAW (Ubikiri) on: July 30, 2019, 04:51:27 PM
I wouldn't be very optimistic about Libra:

- Facebook said in the risk factors section of its latest quarterly report that it can’t guarantee Libra “will be made available in a timely manner, or at all.”
- The company has said it expects to launch the Libra digital currency in 2020.
- Facebook has faced a flurry of pushback on Libra from U.S. and international regulators and lawmakers.
150  Alternate cryptocurrencies / Altcoin Discussion / Re: 6 Ways to earn Tokens without investing or mining on: July 30, 2019, 04:49:06 PM
Recently come through a way of making money from the difference in price of exchanges , is called "crypto arbitrage " . As far as i understood if done in the correct way can be profitable . It works in this way :
1- buy a crypto on a exchange when the price is low
2- sell to another where is high
3-cash out the profit

I'd like to know if someone here is doing it , and what kind of return is getting taking out the fees and commissions.
151  Alternate cryptocurrencies / Altcoin Discussion / Re: trade makes me poor on: July 30, 2019, 04:37:22 PM
Trading is about buying and selling at the right time, not buying and holding. If you have a good strategy / indicators set you would not need the hype to come back, as you could trade at any price level.
152  Alternate cryptocurrencies / Altcoin Discussion / Re: trade makes me poor on: July 28, 2019, 08:57:36 AM
There seem to be like 95%+ idiots to 5 or so % regular thinking people.

And then 1% or so of those 5 % that are more adequate people some percent of whom make the ruling elite. And then some people have the audacity to question the governments and elites. You (and me as I'm a pretty bad trader honestly) are the idiots. The ruling elite is quite smart and good people after all. You just need some life experience to realize that.
153  Bitcoin / Bitcoin Discussion / Re: What's going on with BTC? on: July 28, 2019, 08:54:41 AM
I think its possible for BTC to hit 20K by the end of the year. However, its hard to predict the price and even experts get it wrong.

However,  as long as you respect the rule to never invest more than you can afford to lose, you can take an assumed risk.
154  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB time to invest ? on: July 28, 2019, 08:52:22 AM
It's hard to say which one will be worth more in the future. The best thing you can do is look at its past performance and predict its future performance. Using this method, I think both coins will grow about the same percentage.
155  Bitcoin / Bitcoin Discussion / Re: How to safely store big amounts of BTC? on: July 26, 2019, 05:28:34 AM
No matter how much amount of Btc you hold, you don't need more than one single hardware wallet.

If you lose it or it's been stolen, you can easily recover it from the seed words, so why bother with buying multiple hardware wallets? I would rather focus on how to keep the safest way the recovery seed, this is the most important part of keeping your funds safe.
156  Alternate cryptocurrencies / Altcoin Discussion / Re: Lessons from crypto in 2018 on: July 26, 2019, 05:20:29 AM
Main lesson I learned is to never trust people stating they can predict the price in crypto.

I would say it would be really hard to base crypto projections by technical analysis and price movement data alone, but adding sentiment and news can probably help a lot.
157  Alternate cryptocurrencies / Altcoin Discussion / Re: How to make money off cryptocurrency? on: July 25, 2019, 06:12:59 AM
You could try to create and monetize a crypto website. If you have a lot of budget available for marketing, then I would recommend you advertise on Crypto related websites like CMC, Bitcoin Talk Forum using banner advertisements.

There are also a lot of exchanges out there and competition is quite fierce so it may be worth holding competitions to attract new users. If you want to use free methods, then places like reddit and crypto related forums is a good starting point.
158  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to invest long term aside from Bitcoin? on: July 25, 2019, 06:10:25 AM
I would invest in top 10 alts, not a big fan of Monero or other privacy coins.

Privacy coins are okay but I personally prefer blockchain platform coins as they seem to perform better. I have yet to see a privacy coin that creates a lot of hype.
159  Alternate cryptocurrencies / Altcoin Discussion / Re: what solutions do make to cover Loss on: July 25, 2019, 06:08:05 AM
Try to make more good trades instead of keeping holding sh*t coins.

Volatility = Risk = Opportunity

As a trader, we need volatility. Ever tried to make gains from an asset that is virtually flat in price from day to day? It's incredibly tough. Unfortunately this is what over regulation tends to do to a market.
160  Alternate cryptocurrencies / Altcoin Discussion / Re: Variation of Prices in Price Charts on: July 25, 2019, 06:01:33 AM
Crypto is quite possibly the most difficult thing to predict when it comes to price. Anyone that tries to call prices out more than 5 days I have to scoff at.

Fun to guess, I suppose, but it's pure speculative bs, based on nothing. Crypto has proven it can wreck bears/bulls faster than any other market probably, with wild swings.
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