Let me show you my drawings. https://www.tradingview.com/x/Uas7NHTI/ . You can see that bitcoin is in a down channel and there are some more things. It's triangles and look at a price action after each of them. Up impulse all the time and accumulation period at tops of them with slow falling. And after that a rapid fall. The question is: will it happen 3rd time? According to what you draw, I think the price of bitcoin will go down deeply and it will be pumped back. because your triangle is still not formed at the bottom, so it needs a stage to make it go down. I think the price of bitcoin will be $ 2000 soon if your drawing is correct. |
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Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Yes of course. but you need a clear direction. In order to invest successfully, you need passion and a hard mind. You should not let other things distract you, be steadfast and patient with your decision. Before starting the transaction, I recommend reading some books about investment, financial management to get a platform. Then, start with a small amount of $ 400-500. good luck buddy. |
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How do I find a mentor that has lots of experience doing this stuff? Online and also in person.  Somebody who knows what they are doing for a long time now. Do you think you can trust people in a decentralized market? They can easily send you fake information about him to scam your money and make false statements about the market. I think in the stock market there are real trading advisers. They will use all their knowledge to help you. In the crypto market, I advise you not to trust anyone. because the way the market works is that no one knows its direction. |
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1. Too hasty, lack of knowledge
-This is a mistake that most investors when started. The hot growth of the market, the price of Bitcoin growth every day is the main motive for new investors to participate in this market. They are always afraid to miss the opportunity. So they hurried into the market and forgot to learn. So learn first. Be patient waiting for a price you think is good, or at least according to technical and market signals.
2. The goal is too big, greedy
-You should set goals when entering the market just to be profitable. Do not expect too soon to be rich or become a millionaire in a short time. When I join ico, it must reach x $ or x5, x10 for these ico, that actually kills me. When the price fell, I did not sell. That was a big mistake.
Most of the investors, trader has experience, they only want to increase their property by 30% in a month. They are too happy. Remember to a story put the grain on the chessboard with 64 boxes. Patience, not to lose, your property will quickly bulge
Remember to expect 30% of your assets, you are likely to lose 30%, expecting x5 x10 accounts quickly will help you to 1/5, 1/10 of investment capital.
3.Do not stoploss
-This is an extremely important lesson. Any experience or famous investors emphasize this. Stoploss help you have successfully trade up to 80%, do not know how to stoploss, you certainly never win, just fail sooner or later. You can not stop the market trend, stop loss is painless to want to do, but it protects your capital, help you get back to very quickly.
4. Try to resist the trend
-Try to resist the trend
You will be dying right away, which is the answer to trying to resist the crowd trend. In a festival, the whole crowd is joyfully moving forward, you just go back, you are immediately stamped to death. For the market too. When the crowd rushes to buy the excitement, you think the market will fall, you will certainly lose money. In contrast, when the market has strong sell trend, you try to hold the more losses. Get out as soon as possible and go earlier than the crowd.. If you run after the crowd, of course you will be able to die with the crowd, know enough and stop even though the crowd is still running. In every investment, in the long run the crowd has never won. When you are swept away so fast, as the car is so fast, braking slowly no matter what trouble will help you stop safely, waiting for the incident, whether the car is good but you also hurt less a lot of.
I disagree with your # 4 opinion. Going against the crowd really gives a different result. Your example is quite lame and it is not fair. going against the crowd means going against the crowd's thoughts and actions at a certain time. I have made mistakes twice in believing in the thoughts of the crowd and believing in the predictions of analysts. At the time of February of 2018, the BTC price suddenly dropped from $ 9k5 to $ 6k5. Everyone believed that this was the end of the crypto market and there were 4 people in my group who gave up. And I thought the market would soon come back at $ 9k but I didn't dare buy 3 BTC because my best friend said that the market would last for so long. (he has experience in investing in crypto market since 2014) I was afraid and did not dare to follow my thoughts. and after only 2 days, I was very disappointed when I saw the price of the BTC really increased by 9k $. The lesson is to follow what you think, but need to analyze it before doing that. Don't try to be different when your knowledge is limited. |
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Those are the rules that every investor needs to capture. But the important thing is how to apply it most accurately.
I once saved these and pasted it on the wall, but when the pressure came, I forgot it even though it was only 1 meter away from my eye.
What is important?
The important thing is the spirit. You should only start investing when you are willing to accept all the risks you cause. that is when you are the most powerful and the pressures cannot beat you.
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Diversifying is a new meaning when it comes to crypto currency. Alot of crypto coins out there now. is it the generation of diversifying your portfolio. Now the average investor don't have to invest in Bitcoin if they don't want to. They got dapp coins. Privacy coins. Cloud coins. So many coins. U don't need to invest in one place anymore. Any bull run can give u net gains of over 2000% in a single night. Only if targeted by luck.
Yes, we have a lot of altcoins but they seem quite similar. they are also exchanges, they are also purses with smart contracts and some improvements in blockchain technology, ... We have a lot of choices but don't have a different choice. that's why many people say this is a virtual market. Investors only target the signal to buy, not the value of the business. |
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Which of you guys have supported and even make an investment on INGOT COIN? I'm relatively one of the Mods several months ago and the salary was an ICC and 200$ worth of ETH. By then I was excluded from the team and by that time my instincts about the project came to reality. They keep blocking my accounts because they're preventing me from spreading the news that their project will be a shitcoin and just using the ICO to gather money and only promise the participants with fake infos.
Khawanky ( one of the admin ) has never make any updates since then. And by the second week of January the group isn't running anymore, participants are expecting a return of their money but sadly the Team Of Ingot Coin doesn't care about it anymore.
wow, i have heard about this project decided to stop ICO and return the investment to investors. but it was unfortunate, no one was paid back. This is really a huge trick in 2018 and has made many investors lose a lot of money. The lesson for us is that don't try to invest in a project with too big a cap. In addition, we should take a closer look at their team. |
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I am Bounty Hunter and For past one Month i have notice something which is beyond my thinking .. I have been participating any many bounty but right what i notice is that ICO project is really straggle to reach soft-cap whilst STO are reaching hard cap . Are people forgetting about ICO and Moving Into STO ?
yes, exactly. STO, ITO are things that crypto investors are aiming for. STO and ITO projects are usually quite successful, and easy to acquire softcap. such as Athero, WPP projects, ... it's great projects and promises to be listed on major exchanges. |
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When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
that is absolutely true. but it is only true in theory and the truth behind it is another story. The price of bitcoins is always strongly fluctuated because behind it are many whales manipulating its value every day to benefit from investors. If you want to invest in crypto, you should think carefully because in this market it is not easy to make money and is under a lot of pressure. |
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wow, i think this is really a great deal. This is a good strategy from 2 countries. they want our economy to recover quickly, so they have reduced their customs duties significantly and let the sales of businesses be significantly increased. people's lives have also improved a lot. In addition, this seems to be a major turning point of close cooperation between the EU and Japan. It seems that China is quite jealous of this agreement.  |
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I like the altcoins that are happening sideways. Grin is really letting investors decide on value, they have their own strategies and they are starting to buy more coins and they will soon pump the price of the coin.
Typical examples are Quarkchain and BitTorrent. You can see its price diagram and make a decision. Grin will soon jump to $ 10 again.
excuse me, I don't know how to upload my image on the post. Can someone help me so I can post my pictures to share for everyone?
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I am a newcomer to the crypto market.
Should I invest in ICO projects or would I buy bitcoin to hold and wait for the price? Please give me advice.
Sincerely thank you.
you are newbie and surely you will not understand much about how the market works, so I suggest you invest in ICO projects to get the safety and price of ICO will pump after it is listed on exchange. ICO projects now operate quite well and have potential, you can invest and hold. Because when the price of Bitcoin increases 2, your tokens may increase 5 times because its value is quite small compared to BTC. good luck  |
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Hi guys , can you tell me which is better option for trading Bitcoin or stocks and how
I think trading bitcoin is better for traders. because it is a new market and it will be strongly developed in the future when the world needs crypto. In addition, transactions on electronic currency exchanges are very cheap. If you invest in stocks, you need a consultant and they will place a buy order for you. And of course, you will lose a lot of money for that. |
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While checking around, I came across some write-up of how long this bear market have been and we also get to know that this bear market is the longest. I found out this: https://www.ccn.com/the-crypto-bear-market-wont-last/amp recently. So what's your own opinion and say about how soon will the bear market be over? According to what I analyze, I think our crypto market will recover soon after 2 years. You know, the recession will soon end and it will make the economy return to a flourishing period. The cycle of the recession year economy usually lasts 2-4 years. I realize that our market is starting to recover. Trading wars are also cooling and that is a very good sign. |
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Nvidia Made Billions From Ethereum Crypto Mining Says Analyst n analyst at RBC Capital Markets claims Nvidia made “$1.95 billion in total revenue related to crypto/blockchain,” significantly more than Nvidia’s reported $602 million.
Mitch Stevens of RBC says from April 2017 to July 2018 Nvidia should have generated around $2.75 billion in revenue according to hashrate data for ethereum and other gpu mineable cryptos.
Steves moreover says Nvidia accounts for 75% of the gpu mining market while AMD accounts for the remaining 25%. https://www.trustnodes.com/2019/02/02/nvidia-made-billions-from-ethereum-crypto-mining-says-analystVery interesting, I thought mining is dead in this bear market, but it looks like NVidia is still making profits selling boards to potential etheruem and altcoins miners. Anyone here can verify if you have bought lost of boards to continue mining despite the worsening market conditions? At present, there are very few businesses still exploiting. Since the price of bitcoin has dropped to $ 6k5, many businesses have given up on exploiting coins from GPUs. then its price has dropped to $ 3k5, and from now on it has been unable to make any profit. The mining market is now dead and electronics manufacturing businesses are also losing sales quite a lot. |
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Forgive me if I’m living under a cave, but I haven’t heard any news about the promising ICO’s in a long time. Maybe you bounty hunters will have a better idea. Apart from the scams posted for the fake ICO’s, I don’t see any interesting projects like Dao, Liks or Waves these days. If you have any such projects to share, please list them down below.
In fact, there are quite a number of good projects on the trading floor, but they don't need bounty hunters to promote their projects. such as BitTorrent, Grin, Bitcoiin, ... There are a lot of great projects and it is pretty high priced pump. we just don't get the right direction and we can't find a good project to invest. Please wait and be patient, good luck will come to us. |
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Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
haha, those news don't usually affect the value of altcoins too much. that's just an excuse for whales to make the price of altcoins go down without being accused of manipulation. This sudden downfall has shown that manipulation is very strong and it has not stopped here. But I like this, it can help us get rich if we invest in the right time. |
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Bitcoin has officially entered the longest stretch of declining prices in its 10-year history. The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline. As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low. the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market yep, it's a sad truth but we have to accept it. crypto suffered too much damage, bubbles exploded, affected by trade wars between major countries, the financial market declined, ... There are too many disadvantages for us. But this is also an opportunity for us to buy bitcoin at a cheap price. The market will recover in the future and we need to work more. |
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