Hey guys, new to the forum! Thinking of doing a short-term investment for fun, about 1 month or so. Was thinking I should buy either Etherum or Bitcoin Cash. I use Gemini so not all coins are available. Wanted to get some opinions from you vets  You are probably going to lose your money, no matter what is your decision. You can not invest in this market for 1 month. There is no way to predict this exact timing. Just buy, and sell when your profit is nearly 10% because you are a short term investor. You are going to earn this money maybe in 1 hour or maybe in 6 months. Short term does not mean "timing" in this market. If you have to use your money after 1 month, just don't invest it. |
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BTC dominance is the biggest problem now. Because the market is very critical at the moment, even a small movement of BTC can affect dramatically altcoin prices. Before the big altcoin bull run, people must trust to the altcoin market.
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I don't care about the decision of SEC. Because with or without SEC, BTC is the biggest revolution. And the price will continue to increase parabolically even the decision is negative.
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I have both at the moment and the percentage in my portfolio was equal when I bought. Even the performance of BNB is far better than ETH nowadays because of Launchpad hype, I think ETH is better than BNB.
BNB is nothing more than a big bubble.
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Hello everyone.
When I see there are too many ICO and shitcoins on novaexchange. I keep asking myself: do we really need blockchain technology?
In case of Bitcoin. Of course, I agree.
What about ETH? I agree too.
But, have a look at the others on the market. I don't even know why should people use their service. There is no real use in real life.
An ad management system on blockchain? - We already had Google Ads & Facebook Ads.
A social network on blockchain? (steem) - Do we? I don't see anything but a centralized forum hosted on a random hosting using its currency to pay for the writers.
There are too many projects that we don't really need it on blockchain.
Sometimes, I think there is a black swan (Blockchain is useless in real life) lurking around.
I don't think you understand the blockchain technology correctly. In the future, not only crypto markets but even also the government is going to use this technology. |
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We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
Of course, there will be negative effects on the markets. Some of them are scammers or going to hack. People are going to lose money which is a very very bad situation for the market. |
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People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game. Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time. Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site (contains also tips on trading) BUY THE RUMOURS. SELL THE NEWS (not literally)When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT. News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump. Believe me, I did that and it really works. Prevents deficits and prevents loss of investment. It also depends on your trade perspective. If you are a day trader your daily goal is to make a small profit like 1-2% every day but if you are a long term investors an ATH could be a target |
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Sorry for being offline for some days. Like I told I had to leave on a business trip for 4-7 days but at this moment I still not home and only return back home on Saturday. But because of school holidays and havent seen my kids for 2 weeks we are going on a trip to Disneyland. So trading will commence again on next Thursday.
Have a nice day with your family. I was wondering why you are not posting for a long time. The market is very positive at the moment for altcoins and there are many good trades opportunities with high potential profit |
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As well we know Binance token sell by Launchpad. For the first time Bittrex also going to host Initial Exchange Offering. Their first project is RAID (XRD). The project concept about gaming industry. Only full verified users will able to participate on their Initial Exchange Offering. You can buy with only BTC pair and it's good enough to me. At least not like Binance. Let's see about their first Initial Exchange Offering. Bittrex expecting they will reach hard cap. The idea of ICO launchpad is a great succeded for Binance but even many other exchanges follow Binance, I don't think everyone will succeed like Binance. Binance has more than 50% of traders population which is very important. |
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Yea best strategy ever. The trend is your friend until the end. Everyone knows that. But the problem in many situations it is not easy to understand the direction of the trend. For example the price of BTC is 3860 USD now and in a small uptrend while the main trend is down. What is your prediction? BTC is going higher or not???
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I am really tired to follow this project. I bought when the price dump for dollar cost average I have a huge bag of this token at the moment. but I will not buy any more.
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There is nothing as a right price with bitcoin. Who feel to make an investment into bitcoin should consider buying at the lowest possible. The lowest price by which we buy gets us with the increased opportunity to profit out of the same. To find the exact price of bitcoin it is must to go through different exchanges and get the average value which seems to be the right.
but the main problem of these traders is that it is very difficult to be able to determine the position of a low price and it is very difficult to guess the price accurately, so many often occur trapped in expensive prices because it is very difficult to be able to determine the right position to buy coins. It is not too difficult to understand. Look at the current situation the price is corrected more than 80% of all time high at the moment. Good opportunity to buy not all in because we don't know the bottom buy dollar cost average. For example, buy each week with aa small portion of your portfolio. |
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Oh my god, this is very big news. Now I understand why the price of Bela increased more than 150% last week. I hope it will reach all-time high soon. |
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ethereum is indeed in the second position several times displaced by the ripple but it does not take long to be able to return to the second position from cmc. because ethereum is indeed very strong in terms of cometity and high popularity
I agree and also ETH was corrected more than XRP. And I think the price of ETH will increase more than XRP during next bull run. Fork is also important for ether. |
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what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
lol me too. But ı will not do the same mistake at the next bull run. I will start selling BTC after the new all-time high. Probably at 25k level. I will sell a small percentage of my portfolio and will continue to sell during the run. |
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This is not going to be easy or soon. I think in this year we are going to close above 10k usd. In 2021 we are going to see a new all-time high and in the middle of 2022 we are going to see a new price bubble.
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I have started to use apitrade. Since I have run the bot (10 days), it has completed 35 trade successfully (with 0.5%-2% profit of 3%-5% of my total portfolio) but I am still in loss because of the non-completed trades and bot trade fees.
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Hello traders!
I would like to know how you started trading? Any interesting articles,
videos or guides that you found helpful before you started?
Can you share your opinions and experiences please?
First of all, you have to understand human psychology and the balance between supply and demand. And then you have to understand supply and demand zone at the chart and also support and resistance level before oscillators or indicators. That's the abc of trading. |
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I think at the moment the market is healthier than 20k. We are preparing another bull run which probably will start in the middle of 2020. We are going to complete (or maybe completed) this circle in a few months. And then the market will reborn from the ashes.
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