It is a good thing. The weak hands are leaving. Let them leave. These "get rich quick" attempts have nothing special to do with the crypto market, they are universal. I agree that the crypto space is better off without a horde of speculators. But I'm also sure many of them will return when the next hype cycle is at its peak, buying again at the market's top. Nothing we can do about it. It's the law of the market.

Coinbase should be announcing new listing additions and other services they offer to their clients during the month of December this year. Given that a huge majority of crypto holders have only Coinbase accounts, it could mean a lot for the newly listed coins. But, don't get your hopes up. Ripple is likely not going to be one of the new currencies listed there, at least not until the court case has ended. It means nothing for me personally, because I have no interest whatsoever in XRP, not even as a speculative asset. Too risky for my taste.

Let me ask you this:

Do you have a well defined system by which you trade? What I mean is do you have a system that eliminates any and all subjectivity from your decision making?

If you do, then the only thing you should pay close attention to is never to deviate from your system in real trading.

If you don't, you should concentrate on a strict set of rules that define your trading system during the paper trading sessions. Once you have the system set, measure your success rate on a large enough sample of trading. Only then should you switch to live trading, and the success rate should remain more or less the same.

Can you help me understand this model. Is it like this:

each Ample holder receives a proportional share of their coins when demand increases?

If yes, what about the coins that are not allocated at that time (not in circulation)? Are they also inflated?

Yes, that's the one. Do you want to say that the nowadays market is not so good for RSI_BULL_BEAR any more?

No need to say anything. Bitcoin is perfectly fine, we just have to stop comparing it with fiat money. The ultimate aim is to measure everything in BTC not in USD. BTC is the perfect money, not USD, so BTC should be the unit of measure. Even if we are in a downtrend when we compare bitcoin with fiat money, it means nothing in the long run. Besides, this market situation may have a purgatory function, helping the space to get rid itself of many worthless altcoins. IMO, as long as the core functioning of bitcoins works as it should, we are perfectly fine.

I didn't know that. Somehow I thought more exchanges are supported. It's a shame they are limited to just two exchanges because their platform is pretty decent.

I see comments like that on my local news websites all the time. And I don't pay much attention to them. I always remember the saying: "He who laughs last, laughs best." That time hasn't come yet, but it will, for sure.

The general population will always buy high (when the hype is great) and sell low (in panic). That's why, on average, most wannabe investors lose. That seems to be inevitable.

What I firmly believe in, is that these bear runs are good for the entire space. They will purge the weak coins, so that the winners may continue stronger than ever.

Like the others have said, stable coins are not decentralized crypto-currencies. If they are not decentralized, the question remains how they can be called crypto-currencies? In fact, they shouldn't use that name at all. If you hold stablecoins, it's more like you hold shares of some company. The difference is that in this case, the company is not transparent at all, like you said, you even don't know the address, phone number, people in charge, etc. Moreover, there are no third party audits, you have no idea what they are doing behind the scenes. Is their stable coin really covered by real value or not? You don't know. Holding stable coins is like gambling, you never know if or when they are going to fail.

I don't think anyone can tell you this, at least not with any degree of certainty. People have different ideas about different coins, but that's only speculations. Even the so-called experts often lead investors in the wrong direction. I've stopped listening to their suggestions.

1-2% a day? IMO, that's not realistic. Think about this: 6 percent a month, that's about doubling your account every year. That's huge. If we take Forex as an example, the best traders aim for 20 percent increase of their account every year. You cannot possibly have a realistic long term strategy and consistent profit with 1-2% gain per day. Even if you manage to get that profit a couple of months in a row, the next trade could be a huge loss that may wipe out the previous gains. Better to have a working strategy that gives you consistent profit, albeit much smaller than what you said.

It is called correlation. They will likely be correlated for a long period of time.


I don't think it will ever be separated, or if that happen, it won't happen soon.

People should stop looking for this to happen. I think the alts have other more pressing problems, for example, how to survive this bear market.

Here is a nice platform (and software) that you can use for that purpose:

https://tradedash.io/

You can download their software and plug in your API keys. I don't know exactly what exchanges are supported, but I know for sure Binance is.

What's even better is they are totally free. I don't know how they manage, but yes they are free.

I stopped using them because I was looking for stop loss and take profit features, but they didn't have them both at the same time.

Other than that, they have some nice features implemented that no one seems to have (like taking profit in several steps). Worth checking out in any case.

Damn, why these things happen to good projects and solid team? Let's hope that the ETC community will manage to survive and that ETC will come out of this stronger. There are countless questionable alts out there (most of them are worth next to nothing), and I really hope that they they will be the ones to be wiped out by this bear market.

My suggestion is never to listen to other people opinions. I have lost money a couple of times doing that and I will never ever follow other people's financial guidance again. Do your own research, and if you make a wrong decision, at least it is your own decision. You learn something out of it and go on.

Besides it is anybody's guess if this market is going to go lower or not. Whatever you do, choose your coins wisely, even if they are among the top 20 currently.

I see from the URL that you are performing your tests using the 4 hours candles. Have you tried going to the daily candle size? In general, how big a difference can you see while varying the candle sizes in the Neural Network strategy? Is it like most of the other trading strategies: the higher the time frame the more reliable the strategy?

I've tried running Gekko once with a sub-optimal strategy (I think it was BUL BEAR something on an 1 hour candles) and the results were not so good.

You are right. You have to combine several indicators to make a profitable trading system. But my point was that the usual indicators everyone is using are almost useless in predicting the trend, or reversal. In addition, even though the crypto is decentralized, trading isn't. The majority of volume on the large exchanges is still comprised of smart money investments that drive the market any way they want.

Welcome to the club. I would also like to know what is the best indicator that gives reversal signals in a reliable way. Most of the indicators you can find out there and most of the indicators everybody is using give false signals. A good indicator is worth pure gold, and if there is one no one is going to share it for free. And a good indicator certainly is not among the popular ones that the so-called experts use all the time and promote all the time.

Moreover, smart money knows that the retail traders are using these popular indicators. What they do is use these indicators against them and steal their money.

So he is short term bearish, and medium to long term bullish. Nothing new here, I could have told you the same. What's good, however, is the possible step forward in Japanese regulations of this space. And he should know this very well. Japan is huge on crypto and if the regulations are favorable, it could be a great for a larger bitcoin adoption.

The hard fork has already been announced and postponed. Let's see if it goes through this time. I don't like the habit of Ethereum developers to postpone their already announced solutions. To be fair, a lot is at stake, most of all the integrity of the network. I don't think that halving the block reward is the best solution for the already bloated system, but who knows. On the other hand, halving means reducing inflation, and it may have some positive effect for the ETH holders, if Ethereum doesn't break up in the process. I think that the design of Ethereum was flawed from the very beginning, and now it's showing up its problems.