Earlier this month I was optimistic about the increase in BTC, but it looks like the price correction is still continuing and the BTC is dumping again.
this is bad for altcoin trading. could this be the impact of the bitcoin etf proposal?
Partly yes, If these manipulators would give a proper timings to approved within the year, probably it would greatly affects price and will expect bullish at the year end otherwise, there is still a one hit low before rallying up, charts could probably tell maximum downtrend and uptrends |
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In my case Whenever the hash is lowered checking its clocks define has solve it
seems, other way around when my rigs has an unexpected reboot clocks settings are changed or back to defaults
still using MSI AB btw
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for newbie trader i want to tell u guys something before u trade first u need to know about market policy about risk and important thing is invest in many ways.
s
Apparently today is a very bad time for the beginning of its activity in the market of crypto-currencies. A novice can learn a lot of necessary information, but there will be difficulties with practical exercises. In contrary its not A bear trend market is a good opportunity to learn, its a good time for trading practices If you feel that paper trading is not as challenging, just don't put a large amount to trade Record all your success and failures building learning in this way |
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Mining is really a time wasting job if you ask me trading is more profitable than mining. Scam sites are all over now so be careful.
For individual household mining with normal power consumption this is true not recommended at this point however for the large farms with very low power cost and renewable energies this is not a waste we are only looking at today's market conditions, these big boys are holding rewards for a while for sure if the daily cost not really hurting them |
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newbie they like to participate in the investment if they know how to invest trading listener's opinions and learn newbie experience there are many opportunities to be able to get rich and successful transactions
Don't think it much to earned at the first place, you better think what you must have to learn in order to achieve your goals and prevent losses. But being a noob in trading field, you expect losses at first and from that, you've learn from it and gradually increase your knowledge. Try to stroll some ideas in different sites for you find what is best and very effective especially in times of crisis just like now. Losses are part of traders beginning seen some popular traders whom lost 20k bucks on their first year of trading and they always share to never give up and continue on It does not require you to lose that much however if failure comes along a learning is also being accompanied with it |
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This looks like a bull trap if you look at the daily time frame you would see that we're still on a bear market and it looks like that this trend will continue trough the rest of the year. But it's normal 2017 was a hell of bull trend and of course after a bull a bear will come to maintain the balance for me the current price is still quite over priced compared to the normal price of bitcoin.
I remember back in 2017, I was really going crazy when I saw the price of Bitcoin from $ 19,000 + went down quickly and without stopping, and yeah for now the price of bitcoin is still balanced, but I predict the price of bitcoin will rise in the next few months Its a market correction Shorts are still high and accumulating lets see how the bulls will defend their stance I have a feeling a big pump or dump is on its way stay safe on trading bois |
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I haven't been trading for a long time , please specify an exchanger that has a stop loss feature.
I think this is very good for new trader if they not know situation market , Are there additional costs for the feature ?
almost all exchanges has this feature Look for Stop Limit functions, and Conditional in bittrex in Bitmex, you can do trailings aside from Stop market and profit takings Cost is per transactions open and closed |
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I've tried the BB and RSI and basically in the end, its not profitable because from time to time the trends change and it won't work long term. I've tried it on Stocks, Forex, Bitcoin and it will never consistantly profitable.
Best way to scalp?
On Bitmex wait until there is like a 20-30 Million liquidation and take the reverse trade. Basically today it wouldn't of worked because the dump was huge but on a regular range trading day whenever there is a 1M candle with $10+ Million in liquidations, usually taking the reverse with a tight stop works. Because people get liquidated and profits get taken and its usually reversal time.
Very good risk reward but the issue is usually with the Bitmex engine being laggy and difficult to get a trade to register. So it won't always work.
The last huge drop is so juicy been struggle to get a positions but when a second wave comes its a wow.. this bitmex really is tricky thing, sometimes I am putting a bait for a position but closely watching out and keeping a stop always They are doing rekts for sure, but don't leave things unattended |
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I dont know did you watch or not, Cliff High published a video on Youtube where he said that Bitcoin will reach 64k price till mid April 2018. I am not sure if it is possible or not but in my opinion price makers wont let the Chinese investors to buy bitcoin such a cheap price like 7k-8k USD. I am really curious what people on here think about that ?
This is already concluded in which the price of Bitcoin is hardly to reach $10,000 again so how much more for the $64,000. For me this figure is very impossible to happen because the more Bitcoin will become more expensive it will become more difficult to purchase too in which the people will be force to shift to Altcoin as it was much cheaper to purchase than Bitcoin for an investment. Dude, its not difficult to buy BTC even it reaches 64K  Not sure where did you get that logic on deciding BTC market price 64k is attainable however not quiet sure if it will hit within the year seems we are in near bottom, and after this bear trends, the Bulls will take over |
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It'll be nice if you invested in bitcoin and also Etherium,mining is also a very good option...you can also invest in gaming sites
Who said mining ethereum is nice these days ain't a real miner Terrible advice, its not a good option bro, also careful also on gaming sites as a lot of ponzi schemes out there this thread is over 2 years old, as simple as buying BTC and HOLD in that amount from the time this were posted for sure its now well paid off |
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I rely on two main criteria - levels and math. When I rely on levels, I look at the levels that price may gain on different timeframes. As for math, I calculate 2R, 3R etc meaning my risk level is multiplied by 2 or more.
Almost similar with me, though I go with trend lines going profits with initial confirmation as target dividing it into 2 setting with my risk or cuts if I have a clear trends with risk I doubled it with profits setting target as 1:2 ratio as possible |
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Most people comparing this because both involve risk but in trading if you have a good choice on what coin you will be buying you can avoid risk.
It is indeed similar to gambling You have a bet, and a reward What makes them differ is that gambling only rely on lucks and percentage of winning is lesser than the gambling operators Trading has analysis and market references, so winning is much higher and also has a risk management |
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think more calmly, when whale tries to push the market to fall, what exactly do they want? of course they want to buy lots of coins they are looking for, the rest they will definitely make the market rise because they also need to sell, that's when we will also sell.
Get used to it Whales are already part of market trades Learning how to play with them will also earn some decent profits, will also Rekt you when off guard for scalpers, just play it safe buddies, cutloss is a must |
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Surely, nowadays there have so much digital money, sometimes every hour is a new possibility for make profit. It's not just focusing on one. You should always be aware of the innovations.
Not all innovations are created equal if you invested in wrong sh*tty ICO's, you may get scammed and lose your hard earn money The word Patience should be treated as strategic intent to suppress feelings like FOMO in the world of trading and must be separated in the word HODL |
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HODL is really dangerous for any trader or investors who bought altcoins that has inexperienced team or an unprofessional team. HODL is not also good when you are doing it for 4-5 years. If you people want to play safe then just do the HODL for 6 months and test if it rises on those months because if not then stop the HODL for the next 6 months so in short just sell it.
If you Hold BTC 4-5 years ago, it does good to you bud, imagine how rich you are 6 months is too early for decent and good coin to Hold imagine you buy BTC last feb, and found it fell price at this date after 6 months, probably you would sell it at a loss If you could at least wait up at least a year might be your waiting will be paid off |
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Asus H370 Mining Master  These is the most number of PCIe's so far I've seen with 20 PCIe over USB plus PCIe x 16 slot, make it 21Slots And if you're looking for different types of mining boards here is a good reference from mrb https://bitcointalk.org/index.php?topic=2963048.0you may add up new or any boards not yet in the list |
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The hardest of all in all that list is this: sticking to your plan. Traders spend a lot of time designing their strategies. Poring over charts and trying out analysis, reading and trying to make some plan. The temptation isn't just in the heat of the moment. It isn't just about revenge trading or keeping to stop losses and deposits. It's to look at others and say wow that guy's strategy is doing well, maybe I should change to his.
So traders never give their strategies a chance, they change it as soon as they're not doing well. This to me, is the worse.
Trust your TA's bud if Failed, better learn from it, it means a better room for improvement is coming as much as possible don't look for others TA as the improvement must be coming from ourselves One thing to add up for the common errors is the ability to familiarized the trading platform you're using a simple trailing stop feature will help you and rekt you if you don't know what it means |
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The best advice is just don't even listen to any news (incl "expert" recommendations in any social channels) when trading. Use only your own strategy and tactics.
Sometimes their advice could help you to choose and make a decision on trading. Even though most of them are purely bullshit and you shouldn't follow them in the first, but following the expert recommendations might telling the truth sometimes. I'd recommend to read at least so you can have an insight. often times it does affects your decision making as you've rely on them thinking they can read or interpret the market accurately but heck.. I'd unfollowed a lot of them I'd rather read and follow those people tend to teach you how to read the market, than predict the market for you |
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I am the one who is trying to enter the mining business LOL sometimes some tiny information will be huge help for me.
more or less: right now only those with very cheap power are making profit. unless you get the hardware very cheap you are generally looking at a ROI of years, and thats no guarantee. personally i am still running 470 and 1070/1080 class cards. i retired my power hungry 380/390s over a year ago. so very meager profits at the moment. The event of ASIC and FPGA interventions with supposedly ASIC resistance coins were once again threatened gpus Monero forks were helped me decide in keeping my gpu's to hang on with todays coin prices, no profitability made those GPU owners to sell off |
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