To be really good you just need to be better than the average trader. And for that you don't need to sell the exact top or buy the exact bottom. It's enough to stagger purchases and sales in proportions that depend on the probabilities of price increases/decreases by certain numbers. Finding the probabilities is the trick here, as well as averaging them out in a way that guarantees you a performance band in which your portfolio will fall with a given probability. Doing that requires an understanding of time series as well as the ability to process large amounts of data (beyond just the price charts) though.
Agreed, but why didn't we see the crash coming? If there was a pattern to predict that, not many here did. Did you know after it went up towards 20k that within a month or so it would hit 6K? I didn't. That's exactly what I would like to be able to figure out - partially, tentatively, doubtfully, of course. In another post, kurious said something to the effect "Exactness is not possible, but getting as close to it as we can is a noble art." I'm quoting from memory, words might be off. Well, that's exactly what I hope to do, and I'm asking for help from several points of view. The advanced conspiration theorist, the technical analyst, the macroeconomist, the street-wise long time exchange user. I'm none of that yet, but honing my gut feeling skills seems a worthy endeavour. That depends on how much time and effort you are willing to expend, or alternatively money if you'd prefer hiring people. The most accurate solution will be a well-balanced combination of multiple approaches, and the balancing act is something that can always be improved upon with new data. It's also very much possible to create fresh data from what you already know, which is to some extent what technical analysis does. If you're not looking into algorithmic trading then your best bet is a combination of fundamental and technical analysis. If you're looking into algorithmic trading, you'll find no upper ceiling no matter how many resources you throw at the problem. If you're manually trading you may want to consider trading on different time scales simultaneously (minutes/hours/days/weeks/months), both for better hedging and for accelerated self-improvement. There are also altcoins that are "negatively" correlated to BTC/USD (e.g. they do the opposite of what BTC/USD does), which can be used fairly easily to increase your stashes during periods of extreme volatility on any time scale. I'm no real trader, but I do have a small part of my holdings loose in the wild - mostly learning and making the occasional small profit. Got a few lessons already, at reasonable prices. Thanks for the advice about multiple scales. The algorithmic thingy really tickles me, especially if it can be steered/tweaked while it runs. Can you suggest any good reference? I don't really know what is available "on the market" in terms of trading bots, so I can't give you any reference in that regard. The ones that I've seen that were available to the public all had the flaw that they get annihilated during both pumps and dumps, mostly due to oversimplified rules. They were pretty decent in sideways markets and not easy to produce without experience, but you certainly wouldn't want to leave them running 24/7 without attending to them. And the ones that have the capacity of somewhat steering clear P&Ds will either cost a lot or not be available at all, as they would lower the profitability of whoever created the bot. So the best option would be to program your own. For that purpose, Python would be great for the Machine Learning part (reading data, learning patterns and self-adjusting) and C++ for optimization (if you wanted to run a large amount of computers in parallel to process more data). From scratch this will take a while to get running (weeks to years depending on your background), but it's worth exploring since that's something that would be relevant for the rest of your life. Edit: There's also Google's TensorFlow which is basically a high efficiency Machine Learning library that cherry picks the best of both worlds (Python/cpp).
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When will the ico end? I can't find any information here .
All the info can be found on their website at https://blocklancer.net
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Could possibly be the 5000 MCO card that was being talked about.
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If you hadn't noticed metals dumped too you idiot. Your credibility just keeps hitting ATLs. You don't get it. You're supposed to do the exact opposite of what the paid shills are spamming. So if you listened to him, you would've sold metals and made a profit.
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...chained orders...
I have been experimenting with JJG (and jbrher)s chained order strategy on the BTC/ETH pair. Perhaps I am being dense...but I am just not getting it. It goes down, I am buying ETH every 0.001, ok fine, then it goes back up and I am selling ETH at the exact same prices...it looks like a total wash to me. Did I miss something in the explanation? No idea what exactly the chain thingy does. But just take a pen and a piece of paper and crunch some numbers. That way you'll get a proper feel for what you'll want to try to do much quicker than by reading a verbal explanation.
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At least post a source when you make such claims.
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Not to mention the emotional side of it. If the money isn't yours you'll be much more ballsy and will be less likely to bail out when things get hairy. Not really impressed with the teen, he got lucky. Good for him, but nothing special and certainly doesn't put him in a position to give interesting advice to anybody. Buterin is a whole different story though.
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Heard a lot about this coin in recent times and decided to check out the forum and observed that this coin had great community support and healthy number of developers supporting it which is why I invested small amount of money into this coin when it touched $3 recently. I do agree that there are way better anonymous coins out there like monero etc, but Deeponion does have potential and I might be able to earn healthy profits in the long term if the developers stick to the roadmap map consistently. Let's see what happens with this coin in the near future.
Which they don't. They have failed to stick to their roadmap.
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Japan is widely using bitcoin as legal currency so check it out.. Also a one time in life must visit country!
Japan has very high taxes on Bitcoin profits, so if taxes were a reason for relocation you wouldn't want to move there. Otherwise it's certainly a must visit though. The food is outstanding and easily the best in the world. uhm, to "enjoy"? guessing japan / china?
Crypto exchanges are illegal in China.
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Hello, I'd also like to know other people thoughts about this altcoin. Some people say, that the price will go down, because BITMAIN started to produce very profitable miners on their algorhytm.
Just means difficulty will spike, which will make prices stabilize again. Short term a price drop would be reasonable to assume, but not guaranteed. Mid to long term the only thing that would happen would be GPUs getting shaken out. Are the Obelisk's really by Bitmain though? Or are you talking about other ones?
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I don't like this coin. First , I hate its name .Then I can't find any special features it has , can I name it shitcoin ?
Aren't the features obvious? It's more effective than prayer for starters!
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“I’ll take “roach rant” for $100 please,Alex..”
“The answer is... The Jewish conspiracy... Silver is god... Bitfinex is a scam.”
(Buzzes in) “What three things does every roach rant repeat ad finitum!?”
DING DING!
At least one of those has some meat to it I guess. Too bad he's not providing anything new to the table.
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No way!!! this project is very original and the site is very beautiful. I also read the white paper and I think this project has a lot of potential since we have a lot of Christians in the world and we will have many new members from the crypto world as most of them do not believe in Bitcoin Jesus anymore so they will believe the true Jesus instead. Jesus is not a scam No more than letters of indulgence were.
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Is it only me who has not received payment? because I have registered https://ico.coinlancer.com/users/login to receive the gift but until now I haven't received any. Anyone can help me with this problem? It's a scam and the "devs" have long disappeared even from their Telegram group apparently. I dont think so. If they were scammers, they would scam instant after ICO end. They already got their money for the ICO, that is correct. But they can get even more money by dumping their tokens on gullible people. Sorry, but I do not listen to your opinion. Because you are a direct competitor. I have provided simple and straightforward facts. Facts are not opinions. I'm also pretty sure that nobody cares about 0 activity sockpuppet accounts that randomly keep showing up in these scam threads. There's a special place for people like you. Of course silence of developers makes us nervous, but this is no reason to call them scams You're right. That alone wouldn't be a reason to call them scams. But that's not the only indicator and there have been numerous other factors that expose this as a clear fraud, such as the repeated lying about funds raise and the refusal of making them public.
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I love the irony of using Bloomberg articles that specifically point out Jesus Coin as a massive joke as a media source.
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Selling when prices are at the bottom is the worst thing you could do. If you wanted to sell you should've done so at $12~16 and then waited for a drop if you wanted to hold for the long haul.
All cryptos went down by the way, not just Waves. Take a step back and look at the overall market over larger periods of time and ignore what is happening in the moment.
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Unfortunately, Deep Onion is a late entrant to the scene. There are several established crypto-currencies, which are 100% anonymous. A few examples are Zcash, Monero and Blackbytes. Deep Onion offers nothing new.
It offers a closed source high risk wallet. As well as 99% centralization and a ponzi scheme setup. We get it. You don't like DeepOnion. That was understood after your 2nd or 3rd post in this thread. If you hate it so much, it's pretty simple to not get involved with it. There is a lot of coins I dislike -- However, I choose to not spend half my day bashing them in the forums. I have been following DO since pretty much the first month and have followed a lot of coins in the past -- DO has one of the best development teams and communities I have been involved with. The devs seem to release updates and improvements almost every single week. Sometimes multiple times a week. So I choose to support it. Cheers. We get it, you're a rampant shill that chooses to ignore facts that don't align with your greed driven lack of rationality. It takes all of a minute to write up a post by the way, so I'm not sure how a few posts scattered across days/months add up to half a day. But since you're not into facts, I guess that you're not into crunching numbers either.
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To be really good you just need to be better than the average trader. And for that you don't need to sell the exact top or buy the exact bottom. It's enough to stagger purchases and sales in proportions that depend on the probabilities of price increases/decreases by certain numbers. Finding the probabilities is the trick here, as well as averaging them out in a way that guarantees you a performance band in which your portfolio will fall with a given probability. Doing that requires an understanding of time series as well as the ability to process large amounts of data (beyond just the price charts) though.
Agreed, but why didn't we see the crash coming? If there was a pattern to predict that, not many here did. Did you know after it went up towards 20k that within a month or so it would hit 6K? I didn't. That's exactly what I would like to be able to figure out - partially, tentatively, doubtfully, of course. In another post, kurious said something to the effect "Exactness is not possible, but getting as close to it as we can is a noble art." I'm quoting from memory, words might be off. Well, that's exactly what I hope to do, and I'm asking for help from several points of view. The advanced conspiration theorist, the technical analyst, the macroeconomist, the street-wise long time exchange user. I'm none of that yet, but honing my gut feeling skills seems a worthy endeavour. That depends on how much time and effort you are willing to expend, or alternatively money if you'd prefer hiring people. The most accurate solution will be a well-balanced combination of multiple approaches, and the balancing act is something that can always be improved upon with new data. It's also very much possible to create fresh data from what you already know, which is to some extent what technical analysis does. If you're not looking into algorithmic trading then your best bet is a combination of fundamental and technical analysis. If you're looking into algorithmic trading, you'll find no upper ceiling no matter how many resources you throw at the problem. If you're manually trading you may want to consider trading on different time scales simultaneously (minutes/hours/days/weeks/months), both for better hedging and for accelerated self-improvement. There are also altcoins that are "negatively" correlated to BTC/USD (e.g. they do the opposite of what BTC/USD does), which can be used fairly easily to increase your stashes during periods of extreme volatility on any time scale.
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I think the fact that they are trying to mooch off of a ponzi scheme by using their name (BCC's) speaks for itself.
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