Good for you, able to get profit for 15% in a week trading it. And yes the entry point looks very tempted for me too, but bear it in mind.
right now we are in a bear market and the demand is very low. If you want to get it big, always calculate the market liquidity and never surpass it.
just go as big as 50% of the market liquidity, in case something wrong happens with it. You are still able to liquidate your position and reduce the loss.
and I do not recommend you to hold it, it is not because this project is a shit project but because there is something better to hold up other than this like BTC, and ETH.
That advice is cool. But why do you think it's a shit project. I hodl the token in much volume as 60% of my portfolio right now and that's because of their recent developments as the team is working towards launching mainnet after release of mainnet-alpha over a week ago. |
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After bitcoin halving in 2020 don't be surprised if ETH hits 4000$ before 2021,this are the reasons why i think its possible
1. The teams are willing to try out new things with the project,many projects that have already achieved what ETH have ends up surrendering but ETH teams are not showing sign of stopping
2. I cant say more about the ETH2.0 upgrade but the POS implementation will make it worthwhile,the reason why i invested in some POS coins is to use the gains to sustain and get many daily needs till the day when holding them will pay off big,the POS will make many investors want to hold ETH for long term ultimately will leads to more adoption
I do not think there is any big difference but significant between using PoS and DPos. Undoubtedly, ETH will move up after release of the ongoing test to main network. |
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Since I found this project @DxchainNetwork, https://dxchain.com, I have been following following closely. Even though I am no good coin analyst, I could tell that DX token did over X2, in the past 60 days. Since then, the coin has been staying stronger even while ETH and BTC recede. I traded in past 1 week and made over 15% in ETH worth. The price looks tempting now. And I'm thinking of getting in big. See https://coinmarketcap.com/currencies/dxchain-token/ for market detail. Any advice? |
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I have checked online and I was surprised to see new post about websites accepting cryptocurrency to pay for electronic items, appliance and others. But what caught my attention is this website https://www.autocoincars.com/. In their website it says they are selling cars and accepts bitcoin cash . I think we are heading to the era where digital currency will be far valuable than Fiat. I want to be able to shop in marts with tokens like DX token, VID, etc I want to qoute a line from their website "Buy and Sell Cars with Bitcoin and crypto currency. Lamborghini, Ferrari, Porsche, BMW, Mercedes, Classic Cars, Audi, Aston Martin, Lotus". Their line said they are accepting bitcoin but they are actually accepting bitcoin cash and not bitcoin itself. I have checked the price but man I cannot afford it. But I do not find some reviews about their services so I cannot yet give some info how legit they are. |
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Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. and you think that's enough to be successful? i would recommend you to let the trading stay. if then at most with small amounts and as a hobby but not with the prospect of big profits.  hmmm seems like you're right. I'm having double mind about that actually. |
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Thank you for sharing. i actually wasn't trying to correlate it to crypto but was just noticing in influence on here.
The Merit system is something that is given on a voluntary basis to people who produce useful content in the forum. Producing quality content, not activism, plays a key role in order to receive Merit. Threads that specifically benefit other users, inform them, and offer new opportunities for them are often more often awarded with merit.
Oh wow! I got that now. But for a start, who has merit to give to others? if i want to merit a post, and I don't have any, can I buy to merit someone or i'll have to wait until I am being merited and can merit others?
Just do what you are doing now, This is the way you will have merit, Just post and join conversations that will give you the opportunity to share what you know and help others too. And to thank you they will give you merit.
This is not particularly difficult if you know what you are doing and you have no violations of the law in our forum.
Thank you for this. i wish I can merit this as well.
I have been up and running lately on Bitcointalk cos of the much like i have for it, even mere the name is a turn on for me. After skimming through the community rules, I couldn't assimilate a part that deals with "the merit and ranking". So, I thought asking on here would give me the perfect answer i seek.
More so, I see often, some newbies having good amount of merits and wondered how they got it even while my activity is more than theirs. I am here to ask if anyone can please open my eyes to what i need to do to earn some merits or something I just need to lodge some cryptos and have my account overflown with it?
How about one day you will just see that you have a merit or more, only if you contribute on this forum though, what are you good at? there must be something you are good at that can help others, security, troubleshoots, idealism etc ,if you contribute or help others you will surely get ranked up Now I see that. A good heastart for me. Thank you.
I have been up and running lately on Bitcointalk cos of the much like i have for it, even mere the name is a turn on for me. After skimming through the community rules, I couldn't assimilate a part that deals with "the merit and ranking". So, I thought asking on here would give me the perfect answer i seek.
More so, I see often, some newbies having good amount of merits and wondered how they got it even while my activity is more than theirs. I am here to ask if anyone can please open my eyes to what i need to do to earn some merits or something I just need to lodge some cryptos and have my account overflown with it?
The merit system is pretty heavy stuff. Users have limited supply of sMerrit, I had ran out within a few days of receiving it when the system was first introduced and it was never replenished. I see a lot of good posts and threads but can't tip them merit because I don't have any  . It really pushes the user to improve their post quality and grind to move up in rank. I have given up on chasing merit, but I still try to practice the Due Diligence of improving my post quality regardless. Encouraging! I was just curious trying to know how exactly to get it cos i wish to reward some posts in here. I have seen good posts that i wish to reward but i have none. Thank you for sharing.
I have been up and running lately on Bitcointalk cos of the much like i have for it, even mere the name is a turn on for me. After skimming through the community rules, I couldn't assimilate a part that deals with "the merit and ranking". So, I thought asking on here would give me the perfect answer i seek.
More so, I see often, some newbies having good amount of merits and wondered how they got it even while my activity is more than theirs. I am here to ask if anyone can please open my eyes to what i need to do to earn some merits or something I just need to lodge some cryptos and have my account overflown with it?
haha been a while since i seen a "how do i earn this here merit?" thread, Welcome newbie Merit ya is just a forum thing, honestly i wouldn't even worry about it it's just something that you will just randomly acquire as you meaningfully contribute to conversations here Lol, hilarious. Thank you for the thumb up. Much appreciation. |
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Specifically in the bear market while you are talking about the crypto trading you should trade only for day trading. If you are trade on altcoins which are newly lunched or fluctuate then trade very short period and after making a slight profit exit immediate. This because if the price is go beyond your expectations then it is not sure that the price will come again and even the whole project behind the coins go vanished. If you are trade on the giant Bitcoin, Ripple, Ethereum or any other within the top10 then if the price go adverse then you can hold this for the long time patiently.
you are right friend. |
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Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.
13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and Atomic wallet (AWC) could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
Of course, do not let that be a worry for you, crypto is not in a good season so its normal if 100$ worth of token turn 2$, SNTR is not the only project that suffers huge loss but we can't categorized it as loss until you sell the 100$ worth of tokens for that 2$, there is profit in holding so do not be bother, you can find other means like trading  I count it as loss already cos SNTR is dead. Team swapped to CIL with limited supply while many investors/hodlers stuck in SNTR. swapping was restricted to high volume which was very unfair practice even after huge loss, I can't spur in my hard-earned cash again.
SNTR is now very cheap, you really lost your money, but still quite active in the hobit exchange. Anyway you bought SNTR in the last year so it was bear market then it was not good to hold. Well if you buy ethereum or binance coin this time and hold for long term, I'm sure you can make profit.
The same period Eth and BTC was down. I could remember that BTC fell to around $5k. Almost same or worst if I bought BTC or ETH instead. But the difference is that BTC will always come back to life at least.
as uses with returns on work with evaluation to follows of details of personal competence parties to gains as distinctive on limit as might to deliver with numbers on returns as nominal with profit to complete within the terms of plan.
Friend! This tough a bit for me to understand. I would appreciate if you can simplify it for me. |
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I don't want to take the bait and get into the tokens you are shilling. I will just proceed to answer your question. Actually, this question has been asked countless of times already both inside and outside this forum. There will be more than just yes and no in the answer. I do day trade but very seldom, only when a very reliable signal is available. When none, my tokens are inside my wallets sleeping for the long term. But everything will still depend on your skills. You have to consider that as well.
Some consider it shilling but to me, I just talk about coins i found with good potentials and try to make some wise decisions by not relenting on my intelligent alone cos it has failed me severally. I really appreciate your contribution. |
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Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.
13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and Atomic wallet (AWC) could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
Holding doesn't work too well these days. You should probably focus on holding few top cryptocurrencies especially Bitcoin. SNTR is SilentNotary, right? I guess it's currently abondoned as it's worth almost nothing on coinmarketcap. https://coinmarketcap.com/currencies/silent-notary/Yes It is. SNTR now swapped to CIL but with limited supply. So many hodlers accepted bad fate given by the team.
trading is not for everyone. If you will ask me about what is better between day trading and long term trading, my answer will be depends on traders skills. I'm a trader and I do not have enough patience to wait so short term trading is better with me.
For newbie, they can follow signals analyzed by the pro traders. There is a website which show professional traders analysis such as tradingview.com there you can learn how to do short term analysis to start daily trading Thank you for the info. Quite useful at this time.
Day trading isn't as simple as just buying low and selling high, it just doesn't work much with altcoins in my experience you got to do it in BTC/USDT. If you take a look at the SNTR today, its almost worthless coin where you can't even see updates that can make the coin spike a bit to attract traders but with BTC the price can just swing in everyday where your chances of earning is much larger.
Currently the price of SNTR is $ 0.000001, the value is very cheap, why does the OP keep SNTR coins for so long when this coin has no potential, only 2 exchanges have SNTR volume. I agree with you that it's better to trade daily with BTC / USD or BTC / ETH with great opportunities and you can play with your strategy. I guess cos I didn't have any trading knowledge as at when I bought it. Now, I know better. |
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Seems this is a trending style of those who want to allegedly shill their coins but it doesn't matter now because most members of the community are well aware of that! Might as well make a thread to compare his favorite coin (for shilling) and a close competitor and let the community engage in a discussion of both project's merits and features and see which is best among them. Anyways, I think its best to day trade if you have enough time and want short term gains otherwise you could hold provided that the token/coin your hodling is very promising that it has a high probability of gaining huge ROI's in mid to long term period. I am astonished with how you think. I really don't have good knowledge of trading. Maybe that accounts for my huge loss on SNTR. Even hodling had been devastating on my portfolio and that was because I hodl the wrong coin just as you said. Now i know better. I added DX and AWC with Matic to my wallrt. I look forward for more good coins to hodl.
Once you make sure that the coins you pick are working products just relax and go with long term hold, they will surely drop in price but that's all, its only a matter of time they will surely surge again, only bad coins will find it hard to rise up after they fall big
Thank you a bunch
This is my personal experience, so I originally aimed to trade with an initial capital of $ 100, I observe every day on the market, there is no significant movement. only +0.1 or less and more than that. In the end I didn't withdraw, and instead I kept hodl, so it would be a long-term investment. therefore the situation also determines for trading or long term.
So did you ever make any loss with that initial capital while day-trading? |
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Specifically in the bear market while you are talking about the crypto trading you should trade only for day trading. If you are trade on altcoins which are newly lunched or fluctuate then trade very short period and after making a slight profit exit immediate. This because if the price is go beyond your expectations then it is not sure that the price will come again and even the whole project behind the coins go vanished. If you are trade on the giant Bitcoin, Ripple, Ethereum or any other within the top10 then if the price go adverse then you can hold this for the long time patiently.
I love this advice. Perfect for what I need. Many thanks.
Please specify what SNTR you are referring because I search at CMC and all I see is this https://coinmarketcap.com/currencies/silent-notary/.. and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend.. By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking. OP bought with capital 100 USD, not the coin never reach 100 USD. the main problem that OP did use stop loss, or even did know how stop loss is. so, let's be knowledge the second learning is that it's very risky to trade in bearish market, like falling from zero to hero No, i actually bought for long term hodling. bought $100 worth of SNTR and investment zeroed down to less than $3.
Please specify what SNTR you are referring because I search at CMC and all I see is this https://coinmarketcap.com/currencies/silent-notary/.. and based on its price history, it never reach a price of 100 usd, I think you have both a scam coin my friend.. By the way, from 100 usd to 2 usd now, that's a big loss, I just hope you don't risk a lot of money to that coin you are talking. No my friend. i didn't buy scam. I bought during ICO. I bought $100 worth of SNTR not at $100 as price. and $100 worth pf SNTR then, now worth less than $3. Big loss for me. Same SNTR now swapped to CIL.
Depending on the case we choose to trade daily or hold long-term Altcoin some, if experienced, should trade daily to increase profits, lack of experience and do not want to be profitable in the short term. So hold is a safe way, but must know exactly how Altcoin holds to have a chance of success.
I have gotten more advice that says I should hodl long, so i think hodling would be better. I don't have trading knowledge actually. |
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I have been up and running lately on Bitcointalk cos of the much like i have for it, even mere the name is a turn on for me. After skimming through the community rules, I couldn't assimilate a part that deals with "the merit and ranking". So, I thought asking on here would give me the perfect answer i seek.
More so, I see often, some newbies having good amount of merits and wondered how they got it even while my activity is more than theirs. I am here to ask if anyone can please open my eyes to what i need to do to earn some merits or something I just need to lodge some cryptos and have my account overflown with it?
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Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?
If not allowed to continue, how do you intend to make change to it? |
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SNTR is now very cheap, you really lost your money, but still quite active in the hobit exchange. Anyway you bought SNTR in the last year so it was bear market then it was not good to hold. Well if you buy ethereum or binance coin this time and hold for long term, I'm sure you can make profit.
Hahaa I would have made far much loss if i had bought either ETH or BTC last year and hold cos it fell so bad. ETH fell from over $1k to around $83 this year before it rose again. The volatility is crazy. |
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Social networks today are a huge database with various information about millions of people around the world, since spending time on networks is now the most popular activity on the Internet. And, unfortunately, most people don't understand how important it is to filter information about themselves there.
Your last statement is the basis of the issue at hand and account for reasons the social media operators grown so much today. A lot of people are ignorant of it.
"Politicians paid Cambridge Analytica handsomely to use the information from the data breach to influence the events" 1 more thing that is misused from the centralized system,sad story right ? thank goodness I no longer keep personal information of any network, since my email got hacked,I changed my perspective on the internet. no more data about where am i , where my location , who your GF, its sucks. even until now, i have no instagram How possibly could email be hacked without letting your credentials out willingly?
While searching, I bumped on this article https://medium.com/vid-foundation/the-great-hack-e8a2795d9da0 written by and posted on @Vid-foundation on medium. At first, I skipped but I couldn't skip on ignoring the word "hack". So, I head on to watch #TheGreatHack on @Netflix. There I drew my conclusion on the fact that social media are just sort of privacy-mongers. To understand better, please take a watch following the link I posted above. The attention of the VID itself -being a video-centric media restraining itself from having users' information in custody is a topic for another day. But for now, I'm taking two days off filtering all of my personal infos on traditional social media. I'm disheartened. I am a fan of VID and what they are doing to bring a decentralised and privacy focused social media to 7 billion World population using the zero-knowledge encryption technology. Zuckerberg's Facebook really messed up in his handling with 2billion personal datas committed into his care and that is probably the reason why the United State Senators and not keen to trust him with Blockchain banking through Libra Good to hear that you're a fan, I am one as well. Zuckerberg won't move far with the Libra project as the US senate don't trust him an inch just as you said. Even TON project by Telegram is stuck with SEC, hence I'm pretty sure there is a serious justifiable conspiracy against Mark. |
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I'd trust my files with dropbox more. This DxBox is too new a company and quite risky if you ask me.
When it comes to privacy and personal files, there is never too much caution to be had. There have been much more reputable companies out there that have been longer in the online storage service game. I'd suggest taking a look at Siacoin for example, or StorJ.
DropBox is in its development stage right now. Hopefully, it will get to that point where it will be more developed as dropbox. |
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Blockchain technology to store data have been used for a long time, but currently not effective! It needs a major change to be user friendly
Like what changes do you think it actually need to attract more adoption? |
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Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.
13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and Atomic wallet (AWC) could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
I think youre not the one who experience that very unfortunate incident a kind of failure that should never happen again. In the 2018 bearished period most of my holdings are decreased in value by almost half, thats why out of my panic state of mind, i was sell all of it with just 50% of its original price value, im was hoping that i will save some of my money, and luckily my instinct was true the price of those coins/token was dip further. in the following month, thats why im always consider my personal experience before doing any decision. Hodling and trading are both risky so we better take a precautionary measures for our own good! Its pathetic to see you lost almost 70% of your investment. I lost very huge but now, I struggle to take my stand and don't wanna be a victim anymore. I'm thinking just do a little day trading with Dx for a test cos it seems the token does quite well as my friends on whatsapp tell it.
Remove that mentality that it could be you who will be the next millionaire by just investing spare amount of your money. It won't happen again, I'm sorry about that but if you can invest then sure invest to bitcoin or any known coins. I don't know about that coin you've invested and I think it's gonna be hard for you to recover if you will put your hope in it. Long term is good if you have the best coin such as bitcoin and I've been looking forward to that day that I can have one good story to tell.
I have ignored the mentality. Bitcoin is cool but to me, i see it that it is meant for thee whales as they control it. I buy more DX, AWC, and BNB cos they seem doing quite well. I believe you will have good story to tell if you also believe you will and work towards it. |
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Day trading isn't as simple as just buying low and selling high, it just doesn't work much with altcoins in my experience you got to do it in BTC/USDT. If you take a look at the SNTR today, its almost worthless coin where you can't even see updates that can make the coin spike a bit to attract traders but with BTC the price can just swing in everyday where your chances of earning is much larger.
Briiliant, you hit it. Painful part is the fact that the SNTR team had to swap with CIL but with limited supply in relation to CIL. Also, hodlers of small volume of SNTR could not swap but to accept fate. That alone caused huge dump. Even me, I dumped all for $2 and moved on. I think both has very huge bad sides. And that is my concern as i'm sick of throwing my hard-earned cryptos into pits. |
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