There are two kinds of successful traders in my opinion. The first is the trader who studies first before going down to the market. the second is a trader with talent, without having to learn in advance he is able to analyze the market accurately. Although both types of traders have the same good skills, it doesn't mean they don't have risks, it's about the market because market analysis isn't always perfect
I think there's no trader with just pure talent without any knowledge of basic tradings. Maybe there are some right now who can predict the chart direction without learning the trading rules. But i'm sure they're just lucky and one day they will be fall down and they will realize trading is not only need talent but trading is need multiple factors such as technical analysis, fundamental, emotion, and many other factors. |
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Binance will always be the best exchange, I am doing daily trading there and the pump and dumps of every coin is actually fun to play with, But sometimes I am going to our local exchange, (Hodling purposes). I don't like to hold coin at the binance because simply when you need it, iw will takes time to withdraw. So if daily trading I will go for binance, for longterm trading I will go to our local exchange which is coins.ph
Not sure about always but for now anyway It will not "will always" i think, right now decentralized exchange has become a trends and people are likely to use it. But maybe right now there is no decentralized exchange that has services like big exchange such as binance yet. But i'm sure one day people will move to decentralized exchange because the cryptocurrency world will really become decentralized in terms of the coins and the exchanges. |
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This is my personal opinion but i think XRP is not worth to invest much because the growth of this coins too slow compared to other alts. I think because XRp is not decentralized and the owner can stablize the price so it won't go down and also go up. I think this coin should become stable currency because it's already famous among the crypto traders but also the price is not worth for investing.
I would suggest spend 10% of your assets for hunting a good ICO/IEO because that can bring much profits if you choose the right project
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I feel great when I am in the world of Crypto where everything related to the world of Crypto is a world of technological sophistication at the moment, and I like everything related with today's technological world. Yeah Blockchain technology in Crypto makes me interested to keep learning about it. Besides that, Crypto can also be the best investment asset in this era.
this is already the best investment asset for those people who invest smart but not just try to earn quick money on all kinds of hype projects Actually the people who can earn much money from quick profits that produced from hype project are clever people but it must be high risk. And also blockchain technology is likely the technology that we will use for any aspect in the future. I'm sure the people who involved in cryptocurrency right now will be able to survive and become a successful person in the future |
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Three coins that you should buy now if you want to get some good profit by the year’s end!
BCHabc
Ripple
Trx
Any recommendation from your side?
I don't think xrp will have significant rise due to it's not decentralized system. People are not interested anymore with XRP since the rumour of their fakepump in 2018 when btc price crashing and XLM and XRP were pumped hard, and right now it ended with price drops more than 80% and really hard to recover rather than other coins in the market |
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I'm not predicting the the chart or any technical analysis but i'm sure the price won't go up too much because nothing special thing or news from eth this month also no events for eth for this month. So the price would likely stands still around 180-200 based on btc movement. We need medias to blow up ethereum or promoting cryptocurrency to reach higher price
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I will share my own experience. I started trading only with the guidance of someone who already knew about cryptocurrency, I started to trade only with working capital as a bounty hunter and that was also recommended from a friend. I once read an article about trading, and in my opinion the essence of the article about trading is to see a comparison between the amount of demand and supply. maybe you can read and study it in various media, such as YouTube or others, maybe you will get the right recommendations from friends in this forum.
We have similiar journey , i started trading with capital that earned from bounty and learn trading from tradingview but i haven't learn trading from youtubers and i'd like to try it. Can you give me some youtubers recommendation to watch ? |
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$BTC = $3700 --> $9200
$ETH = $133 --> $185
$LTC = $31 --> $58
$XRP = .34c --> .29c
$BNB = $5 --> $20
$LINK = .30 --> $2.68
$EOS = $2.56 --> $3.31
$BSV = $89 --> $132
$BCH = $154 --> $294
MCap has 2x'd in USD & $XRP still ended up in the red.
what is your response to XRP?
One of the reason is XRP is not decentralized. Ripple controls RippleNet and they own a whopping 62% of the total XRP coins in existence. This thing worried XRP investors and Ripple’s response was to lock up 55 billion coins in escrow. The reason of digital currency have failed in the past is because a centralized digital currency is too easy to kill with regulation. Ripple faces the same weaknesses of these early digital currencies. It is one entity to attack legally when things inevitably go wrong. |
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We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.
Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further |
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read the new today and found Bitcoin seeks to break out of trading range.
The latest action continues the weekly trend for Bitcoin, which has seen the largest cryptocurrency range between just under $9,000 and just over $9,500. Those levels effectively formed support and resistance, respectively.
The coming few months for Bitcoin will first see a dip to $8,600, filling in a gap in futures markets. Thereafter, bullish action should begin to surface. Bitcoin needs a monthly close above $14,000 in order to then secure a longer-term bull market. I heard the news from cointelegraph
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Proceed with caution. Mostly they are adding up more weeks to finished their whole ICO, to meet the amount of funds to raise to called it successful. 12 weeks as a start is not that long to finish an ICO, last 2017, most of the projects took 4-7 months before they wrap it up, in my opinion, you are safe because 8 weeks is just 2 months, just finish it and keep posting, that is the only way to figure out the result.
If you win, then you earn, if you lose, then you learn.
But i think if the project bounty is not required us to do the extended bounty but we can still receive the rewards it's recommended to move to other bounty. Extended bounty means the project is not yet fulfilled the target yet and it indicates the project was not attract investors interest. So, i think we should find a better project rather than waste our time there (but if the project reach it's success, we still get the reward though) |
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I do not thing XLM is a good idea. I do not suggest XLM. Also, it is highly risky to invest in alts at this time.
XLM is one of the best performer during the last bull run, and its currently listed in the top 10 in cmc now which means it has grown to be a top coins in the market. It has a decent volume at over $300 million, so its longevity is guaranteed as people would stay if the coin remains liquid. In general, investing in altcoins is not really bad at all, especially if you follow the principle to buy at dip and sell at peak. Price at dip now, it means an opportunity. Agree I have a huge trust on XLM (stellar) since its the first altcoin I have known after bitcoin Im waiting for this altcoin to the very bottom it can dive so that I can accumulate more according to my budget and I will keep hodling until the next bull run that many have been waiting for. XLM is always good coins to invest since the price is still under 0.1$ and it might be go up in the future. Even it's all time high is more than 0.5$ and right now the price is not on a good condition compared to it's golden era. I'm sure it will recover in next year, XLM is suggested for long-term investors. The traders interested in the coin can dig-in for the specified and earn a colossal profit. |
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for now BNB cannot be matched by ETH from a security standpoint.
but in terms of features BNB has the ability above ETH.
not rule out the possibility later BNB can be superior to ETH.
I think BNB is one of the safest investment since it's demand is so high because people who hold it can use it for reducing fee of per transaction in binance. Most of traders are trading in binance which means the BNB tokens price won't be fall down because it's everybody needs. And also they always expanding their exchange which will rule the market of cryptocurrency in the future and the demand of BNB will booming |
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I only use technical analysis, but I don't fully understand it. only taking part of the core. look at chart patterns, make lines, RSI, look for the highest and lowest points. Bolinger, before buying I always draw first, to determine the purchase price, and the selling price. besides trading does not use emotions, because it can make me lose.
Besides technical analysis we have to up to date with the news because in cryptocurrency news can really affected the price and also controlling emotions is hard due to many whales are playing with the market price that can make us panic with the market price |
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I really wonder what the purpose of such contests are.
I have been a user of 3 commas but i won't waste my time on such contests that are easily manipulated by people with Millions worth of tokens in USD on Binance.
Yeah i think trading contest is a joke because the price is cannot 100% able to predict by the technical analysis, if a group of whales joined this contest and they can move all the market movement just to get the prize. So it means nothing for the small traders. |
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Finding a good project is quite difficult at the moment. The easiest and most effective way now is to monitor information from promising global exchanges such as Binance, Huobi, Kucoin, to wait for the IEO period. Global exchange certainly will not arbitrarily choose the project, so we can be sure that it can provide greater profit opportunities.
But getting the coins from IEO from those exchanges is really hard and it's just like a lottery. we couldn't estimate our profits when we want to join the IEO because sometimes we even didn't get a coin. I think there are some good project exist with ICO and not hard to get the coins because people are not realizing it yet |
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If you look how crypto world use Ethereum then this really have worth like non-stop development then this grow a lot since it create already
Then example of that are different wallets,trading site,gambling then many faucets with Ethereum related then this earn trust then really turn popular because of the convenience that this can brings to every users of it
And the biggest thing that ethereum has created is the hype of erc-20 tokens. 90% new project are using erc-20 tokens due to ease of creation but some of them are reached it's success and some of them ended failures. Also due to it's easy to create, many people creating a fake projects and not doing anything with their product, they just doing a ICO sale then just aiming for the market, after a month token will have no value and many projects doing thing like this. |
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I think that in the future the market should turn around and fully exit the bear market and start growing, I hope that as soon as possible the year 2017 will repeat
It should turn around, but while we are still globally still in a downtrend, bitcoin should gain a foothold above 11k in order for full-fledged growth to begin. Actually for this year the cryptocurrency market has experienced a 3X increase from its lowest point last year. and in my opinion right now if we want to wait for the same thing to increase in 2017 at least we have to be patient again because this year it seems like the increase won't happen. 2020 will be a great hope for the rise of the crypto market This year is still have 2 more months and anything can happen in crypto. In 2017 bitcoin just need 2 months from 6k price to it's all time high. So i think we have to optimistic to every price chart condition because crypto is sometimes upredictable. Buying bitcoin with current price is not bad i think, but don't forget to set a stop loss |
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Because all investors are interested in profits and the only coin that is delivering profit is Bitcoin. All altcoins are just disappointing investors, so in my opinion they gave up on investing in the best altcoins including Ethereum.
I think it's not always like this, most of crypto investors are not just holding BTC but they've must be splitted their assets into several altcoins also. Even mostly of them are holding more than 50% of their whole assets, investing in altcoin is more profitable but also higher risk. Ethereum price was not strong lately because they don't have big news and event in near future. The next big event from them is ethereum revolution 2.0 and it must gonna be big. But why the price is still not moving forward ? I think it's because people are not still trust the ETH can change something big in crypto industry with their ETH 2.0 |
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I got scammed by this project called temtum. Signed up for their bounty months ago, posting for their campaign, filling up 2 kyc forms and pushing for its deadline, and now they are telling me i didnt pass it. It is not only me who encountered this. Hello Richard Dennis.
You should check the spreadsheet, see if you the only one who not paid or any other bounty hunters have the same experienced. I think it's just a missed communication from you and the manager, or you have broke the rule. You should send a message to the manager privately on his telegram and tell your work that you have done. Take a screenshot of your work and i think you'll be fine then. |
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