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The formatting in the opening post is dreadful, and I didn't read the post as a result of it. Please remember that this is a discussion forum. If you want to create web pages, then please get yourself a website, and remember that an individual post is not a web page. It must be even worse for people trying to read threads on mobile phones.
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I don't see what Brexit has got to do with Bitcoin. Unless you think that it will accelerate the death of the Euro and the EU asset strippers. The UK will be immensely stronger once it has regained its independence and self-determination. It is likely that the bankers will create their own replacement for the Euro, and reluctance to accept that could boost Bitcoin.
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About 1 Nigerian Naira. If you can't preserve the posting style of the account, it will become valueless pretty quickly
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I've gone off 1 hour ema. I've still got a buy at £7.885, and I might just leave that there to try to catch a liquidation wick. I'll probably move another couple of hundred into my account, as I expect a bit of volatility over the next few days.
I'm still pleased that I've been playing at trading. It has taught me a lot about the Bitcoin market, and its potential. I'm watching Krown at the moment, and he is having another bad hair day. I wish he would clean up his language, but he does seem to understand TA.
[sunday]
I'm also learning that no trading can be a good trade when you aren't sure of the direction that the price will take.
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Can I give you a tip?
I didn't bother to read your post, because it was emboldened and enlarged. If you want busy people to read your message, then clear prose in standard text is the most effective. Keep it short and punchy as well, you can always elaborate if you generate some interest.
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Back in the early 60s, MIT and IBM ran a simulation using about 2 million Blackjack hands, and they worked out an optimal place. Rhis was basically a set of rules where you bet on the probability of the dealer busting. I got thrown out of Charlie Chester's casino in Piccadilly for using this method. Shortly afterwards, they changed the rules of casino Blackjack, and it was no longer possible to take advantage of this edge. It gave you about 1.5%, and slightly more if you counted cards.
With regards to Bitcoin, I think I'm going to watch the one hour EMA 12 and 26, and just trade the crosses, and I'll forget about emotion. It's just crossed bearish, but I'm already in fiat, so I can't take advantage of it.
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Some of the golden rules I've discovered.
1. Don't keep your savings in an exchange account.
2. Don't speculate with more than you can afford to lose.
3. Don't beat yourself up if the price goes up after you have sold. Nobody ever went bust by taking profits.
4. You haven't made a profit or a loss until you sell, or close the position.
5, Don't follow the herd, and do your own research.
6. Don't use a dodgy exchange that won't let you withdraw your money.
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I use Bitcoin core wallets for long term saving, and so far I haven't spent any coins from any of the addresses there. I put some "play" fiat money into a Coinbase pro account, and that is what hasn't made as much profit as my HODL accounts. I shouldn't complain really, as it has made a profit, and if I hadn't moved the money to Coinbase, it would be sitting in a zero interest bank account. Whenever I ended up with a Bitcoin balance with Coinbase, and I decided that selling it would make a notional loss, I just withdrew it into a core wallet. So for my efforts, I've made a bit of fiat profit, and I've added a few Satoshi to my long term stash. I'm still a long way from a Lambo though, even a second hand one.
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I've made 5 trades over the last month or so, all of which were profitable. The net result is that my Bitcoin holding in this trading account is about 42% less than if I had just kept the initial Bitcoins purchased. There must be some sort of moral there.  |
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Women can make brilliant strong leaders - Boudica ( Queen of the Iceni ) for example, and Elizabeth, Queen of England. However, some of them are weak, and controlled by an outside influence, Theresa May ( the retiring British Prime Minister ), is the obvious example. Who wants to see a national leader (?) burst into tears, because the country rejects a really bad and treasonous deal that some banker had written for her.
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Thank goodness I use multiple addresses and wallets.
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He has been nominated for an award for services to hairdressing. He just managed to beat another Washington celebrity for services to moustaches.
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There are two points here -
FaceBux is not crypto in my opinion.
Washington is determined to shove the US under a bus, so until Lockheed Martin creates a crypto, they will continue to disadvantage the rapidly expanding crypto world in the US.
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Facebook seems to be determined to shove its platform under the bus. Maybe it is time for you to support alternative and more liberal social media sites. As has been mentioned, Bitcoin Talk should be one of these in my opinion.
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The proposed system sounds a bit too complex to me. Besides, I'm already a decentralised merit source, nobody tells me what to do, even when I'm behaving like a loose cannon.
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I'm not doing any margin trading. I've got two wallet classes- long term HODL wallets, and trading wallets. I only add to the HODL wallets. The trading wallets are used to speculate on the price of Bitcoin, and I buy when I think the price is going up, and sell when I think it has topped. If I'm holding Bitcoin when the price has dropped, then I don't sell at a loss, but move the coins into a HODL wallet, because I know the price will recover in the future.
I've been wrong far more times than I have been right. The latest case was when I took a 45% profit, and I should have waited to take a 145% profit. I've been sitting here with Sterling in my trading account, as Bitcoin went on its recent parabolic rise. It's just as well I'm taking a super cautious approach, and only dealing in actuals. I'm showing a reasonable profit at the moment, but it's a lot less than most of the guys I read about.
========>
I've just looked at Coinbase - the 1 hour candles. There was a £2,000 liquidation wick a while ago. We are certainly living in wild and interesting times. It's probably great for accumulation if you are cautious.
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Have you lost your money, so that you need to trade other people's?
All the traders I know like Krown, Forflies,Dvir, Ivan, Karl etc seem to offer free Youtube help.
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I no longer give to charities. I am prepared to offer payment for work, but very few are prepared to take up the offers, even if it is something simple such as washing the van.
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I knocked up a quick site with Bitcoin music on it, and it's time I updated it, I guess Bitcoin TunesI like the catchy "This is how I bought" number. |
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