During this bear market the full potential of alt coins will not be reached. Everything goes down with bitcoin, it's annoying. Let's wait for the market to calm down a little bit. Portfolios are more or less meaningless now just like they were during the bull market, everything was up, now everything is down.
I understand how you feel and that is why for the past two weeks I stop trading and just concentrate on promoting many good ICOs in my social media accounts. It is better to be safe than sorry later. However, I also understand that whether the market can be up or down there will always be rare gems of opportunity and that is what OP is trying to tell us. I hope I can be as good as those who can be able to convert money in a down market. Yeah, for sure, you can profit from ICO's even during bear trends. Obviously it's a bit harder now but ICO's are the only ones able to generate 2x or 3x in this market. Diversifying in ICO's does make sense. |
|
|
|
I feel like an old man with only Bitcoin that I hodl, and that for a very long time. I don't even remember the last time I actually bought an altcoin, which some people will see as a missed opportunity with all projects available.
My basic principle is that I avoid that what doesn't catch my interest and understanding, and I think that's definitely the case when it comes to altcoins and tokens. Maybe because they don't offer much actual use.
The only altcoin that I would, and maybe might end up buying at some point, is Ethereum. Purely because of its first mover advantage that it maintains pretty firmly just like Bitcoin does. Nothing will be able to beat them.
I however am interested what part of the industry will experience a massive boom after Ethereum. Bitcoin is the digital equivalent of gold, where Ethereum serves as platform for all kinds of uses and DAPS.
Any people have an idea?
I always buy eth,ltc or btc during the bull trends, you can easily check which one is the strongest and buy that one. I would personally invest in Vechain, definitely a serious coin, tons of partnerships and tons of good news all the time. |
|
|
|
Whatever the real reason, it is better for investors that he will not pump any bad ICOs for money. Many of his past recommended ICOs have performed very bad so best to do your own research that trust someone's word.
Real investors wouldn't have followed Mcafee picks randomly like most idiots. The problem, as I said before, was the people that were following his picks, not his picks. If no one bought anything we wouldn't have any problems, let idiots pump and dump coins. |
|
|
|
For me, futurе оf $BNB соin is super. I think BNB's priсе will bе muсh highеr whеn I rеаlizе binаnсе dесеntrаlizеd stосk еxсhаngе prоjесt.
You realize it has already 10xd? Other platforms won't stay still. Binance got rich because at the time the competition was losers like poloniex and bittrex with extremely poor customer services, frozen wallets and the likes. 2018 is way harder to compete, and if not Kyber then it's gonna be Huobi who dethrones binance. We get it, you like Kyber and you like to promote it however claiming that a $160,617 volume exchange is going to beat Binance is a big leap. ''Binance got rich'' Binance was and is successful because time after time it proves to be reliable and professional even when people attempt to hack them. That with the upcoming features like a decentralized exchange and fiat pairs is what makes Binance the best exchange now and in the future. I mean, I like Payfair but I'm never going to say they will beat Binance or LocalBitcoins. |
|
|
|
|
Garbage article, it doesn't explain anything at all, it doesn't even talk about exchanges going out of business almost. Running a crypto exchange has to be quite profitable even if you don't have a lot of volume, at the end of the day you only need a few people to run the support team and most of the expenses are going to be related to servers, that's it. The only reason why small exchanges could go out of business is lack of overall volume in the market like right now but unless it happens for years, I don't really see any problem.
|
|
|
|
If you wait for all the indicators to show the same thing then you are never going to make any trades. RSI and MACD are pretty much the same so using them together might not be needed. In this Particular case they are actually showing the same thing. Notice that the MACD was close to have a bear cross, if you notice the purple bars below the MACD, those indicate when it's likely to see a cross, the smaller the bar the more likely. So essentially they were showing the same thing, the RSI got overextended faster because the market had a big move up, notice the big green bar, MACD doesn't initially see that as a bear signal. You also should know that RSI being above 70 doesn't always mean that you should sell, if the market has a big move up, the RSI can be overextended for a long time and it wouldn't mean that you should sell.
oh Thank you so much now i am understand , and I would benefit if I use these macd and rsi indicator right? It is better to use any more indicator? bcz i am just learning about technical analysis. can you give small suggetion . That would be useful for me. I mean that MACD and RSI are similar so it's better to just use one of them. Whatever you use, don't trade just by using technical indicators only, if you trade only using the RSI you are never going to make money, you need to learn patterns, learn about volume and always be aware of news. I personally only use RSI and Moving Averages, those can be quite useful for crypto. |
|
|
|
|
It's always funny how most of the FUD appears when the market is down or in a uncertain state. It's pretty annoying at this point, I wish garbage FUD like this would be irrelevant to a market so big.
|
|
|
|
|
If you wait for all the indicators to show the same thing then you are never going to make any trades. RSI and MACD are pretty much the same so using them together might not be needed. In this Particular case they are actually showing the same thing. Notice that the MACD was close to have a bear cross, if you notice the purple bars below the MACD, those indicate when it's likely to see a cross, the smaller the bar the more likely. So essentially they were showing the same thing, the RSI got overextended faster because the market had a big move up, notice the big green bar, MACD doesn't initially see that as a bear signal. You also should know that RSI being above 70 doesn't always mean that you should sell, if the market has a big move up, the RSI can be overextended for a long time and it wouldn't mean that you should sell.
|
|
|
|
|
There is definitely something going on in the shadows. The infamous Bart simpson patterns are happening quite often these days, the market goes up, stays sideways, drops, sideways, up etc etc. It's definitely not something that happens randomly.
|
|
|
|
Why would you include Dogecoin? That's not a serious coin, its a complete joke. No respectable investor would actually include dogecoin in their portfolio.
Dogecoin has 300% more transactions than Bcash and investors like Bcash. Most coins are a complete joke anyways, no real product behind and some of them are literal copies of others. This is how the crypto world works. |
|
|
|
|
You are going to earn more money with a twitter/facebook account even with a few friends, most of the times you only have to retweet/repost stuff which takes almost no time, you can participate in 10-20 bounties if you wanted to and it would still not take you that long. Airdrops are definitely not worth it.
|
|
|
|
John McAfee Will Stop ICO Promotion Services - The cybersecurity pioneer and eccentric digital currency advocate John McAfee, who has long been a digital token promoter has revealed today that he will not promote ICO anymore because of the perceived "threat" of the Securities and Exchange Commission. Mcafee revealed this through social media on his Twitter hand.
Finally he comes to his senses. While I agree to the ICOs that he is promoting but with his popularity in the crypto world, the project will not be known for its actual project it self but more on an ICO that was promoted by John McAfee. We would rather see a project to be known organically not artificially because it was endorsed by a known figure like John McAfee. Road map and actual project plan will just come in 2nd place, it should be the other way around. To be fair tho, people also were at fault. Short pumps only happened because every idiot was buying the coin he promoted, they even had bots ready to buy anything, that's why when he got hacked those idiots got rekt and pumped retarded coins. |
|
|
|
|
I mean, it's definitely easy to scalp trade in this market, pretty much any alt coin throughout the day will have pretty significant swings in minutes so I don't really think you should focus on 1 coin only, all of them work for scalp trading. It's better to watch a few, wait for a pattern and get in and out fast.
|
|
|
|
|
You can easily find about big news on twitter if you follow the right people. Reddit and Bitcointalk are also good sources, even if they have a lot of trolls and shit posters.
|
|
|
|
|
I've only participated mostly on social media bounties but you can definitely get a good amount of money. I got around 150-200$ on average from the bounties that were successful and up to 400$ on the best one (note that this is just only from social media) On average per month, you could earn 1k USD if you also participate with your signature. I mean it's really unlimited, if you want to spend a good few hours per day scouting and participating in as many bounties as you can, you can probably earn 3-4k per month quite comfortably.
|
|
|
|
I'm not a big fan of holding for years, sure history shows that holding for years seems to be a good idea but there is going to be an end to that, maybe bitcoin has hit it's ATH forever, holding for years in that case wouldn't really be a good idea. Also holding for so long it's only really possible if you have a good amount of money.
I definitely agree, hodling only really makes sense from an ICO price or shortly after and even then projects from here on out will start disappearing. We are definitely in a massive MASSIVE ICO bubble with the amount of projects coming into this space and most cannot survive. My spin is also everyday you're holding is a day you aren't making money, which is the same as losing. This market really only has about 2-3 years of easy money left before it becomes a lot slower and less volatile... it seems crazy to me to spend that entire time just hodling one project, As far as the market I think we are in a dumb zone.. I don't intend to really participate until we decide that we are closing on a daily candle above 6800 or if we're gonna fall flat and retest 5k (or even 4.5k) Right now I'm sort of neutral bullish, meaning I think the end of the bleeding is really close, its just a matter of how bad capitulation makes the last little bit bleed. The manipulation behind the infamous bart candles leads me to believe that someone knows something behind the scenes, which I think will be the catalyst to get all of this to stop... which is the Bitcoin ETF for large players will be approved with Ethereum now following shortly after. I definitely am not comfortable shorting or longing this market on leverage, and am instead focusing on other things waiting for Bitcoin (or its manipulators) to find its way... Hopefully soon, perma-long to 50k. Yeah, that's my point, unless you have a ton of money and you can throw around thousands of dollars and hold without having to worry, holding isn't really an option for everyone. Yeah, the ''bart pattern'' is really getting too obvious at this point and it happens every single day almost. It's definitely a no trade zone for me too, I would rather wait for confirmation and get in late even if it means losing a better entry than getting in right now and get rekt by some random crash. |
|
|
|
To trade need intuition, which comes only if you watch the market for years.. Fundamental and technical analysis only help, but do not give 100% guarantee in making a profit.
Intuition is nothing more than just knowing how to act without having to think about it but it's essentially technical analysis, once you learn and practice TA for years you will be able to trade using your ''intuition'' which again is nothing more than just what you learned but without having to think about it. |
|
|
|
Do not fall for one technical analysis. First of all, we need to look at the fundamental analysis and how the project is developed and draw the appropriate conclusions.
How are you going to apply fundamental analysis to bitcoin? Or to any other coin for that matter. Fundamental analysis uses revenues, earnings, future growth, return on equity, profit margins, and other data to determine a company's underlying value and potential for future growth, most of it cannot be applied to cryptocurrencies since most of them are not even companies or businesses. Fundamentals actually points at news in the ecosystem. Those of high priority would of course impact on the market much more than new of low priority. You can cast your mind back on the price of Bitcoin have had to crash twice after PBoC came up with news of the ban of Bitcoin and ICOs and why the adoption of Bitcoin by retail giant like Amazon can send the price of Bitcoin rallying to the top again. Technical analysis is like a light in the dark, it shines and points the right ways, following which destinations are attained. You are basically saying that fundamental analysis is just looking at news, that's really not it. There is so much more to it, anyone can look at positive or negative news and react. What happens when there are no news but the price is tanking? Or reverse? |
|
|
|
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
Of course it will fall to $5000, just see how many threads are being created post that the price will fall to $5000, $4000, $3000 and the radicals make prediction of $2000 is missing someone say that will fall to $0. with these many comments and lack of demand has become a certain fact that will fall a lot, this was not a good year for bitcoin, this being a very bad year for bitcoin going in early is a plan for disaster. even if it has some disaster, this will not be a problem for those who want to Hodl for years I'm not a big fan of holding for years, sure history shows that holding for years seems to be a good idea but there is going to be an end to that, maybe bitcoin has hit it's ATH forever, holding for years in that case wouldn't really be a good idea. Also holding for so long it's only really possible if you have a good amount of money. |
|
|
|
|
BNB- Binance with really good news and announcements is always pushing the price of BNb, even in this bear trend BNB has remained strong and even positive. Wait for Binance to actually do what they are planning and BNB will grow even stronger.
Vechain because it's the best and personally I like Payfair, riskier investment but a ton of upside potential.
|
|
|
|
|
Show Posts
