Lately several critics have had so much to say about what they think cryptocurrency is. Many said the best about this innovation have been seen already, and that all we can wait to see is degeneration and probable final extinction. But for me, I think we have not even seen any glorious day(s) I believe they are still very much ahead.
My take, what do all think?
Crypto is just product but the blockchain is the future, crypto maybe will not survive but blockchain technology will grow up. I agree about there's no glory because people and technology will keep going to find another answer to make their future so easy to reach in big picture. Learn about blockchain in different method to grow up knowledge is very good decisions, try it. |
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Imagine, looking at gge current dip we are facing, can we say the world is already getting tired of blockchain innovation? I hope not. I know we have got a long way to go.
Everything is possible but I believe crypto will not go so far but blockchain technology will. In this century technology take biggest part ( main tools ) and crypto is just like another financial instrument ( stock, gold, silver ), can survive but also can die. Understand and know how blockchain works is better because make money using crypto will not change, from method, strategy and money management. Learn blockchain for better future and use it to built your own business. |
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so, how it's going? i hope you're all fine and in a perfect mental condition to help me. just share your secret, how you handle your stress caused by abrupt drops? how can you stay alive when one of the morning brings you news that your chosen alt has lost a lot in price? is there any chance of keeping your head cool? i may be too emotional or touchy, but really, isn't it outrageous that after all your time-consuming researches and observations and readings all you get is zero on your wallet? i would simply love you to tell me how you reduce the consequences of it. i can't be the only one who is so anxious about crypto. sometimes i hold my breath before updating information considering crypto. deep inside i think it might assist me in some way, somehow affect my chosen coins, haha. is that normal? have you ever felt that way, too? what are your thoughts? don't leave me alone in the darkness, please!
You should understand about risk, from this one you can stay calm and keep follow your strategy with out ask. In this situation many people can't take realistic decision because enter the market with out calculation and break their own rules. Stress and angry make their decision is very bad and mostly create bigger loss. See again the chart, calculate again and do what the best to protect your asset. Just like that and good luck to you. |
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Last year we had a great run. Despite the downs in the beginning of this year, I still believed that by the starting of October, the will be a good run, but I don't see anything of significant improvement. What do you guys think?
Many people believe end of the years ( December ) will become the answer about market condition right now, keep go down or up in high value again. Until now I don't see any analyze that support the faith. Can't say anything but I'll prepare for the worst, protect my asset become the main goals. |
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They not die, market condition is not good for them and they should make new rules/ guide to fit and fix their program. Many people still invest and join bounty program and some of them already leave and make opportunity with trade/ invest in another financial instrument. Not pay is our risk and you should understand that before join ICO project/ bounty program, remember that. |
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I would like to share how to make money from the market for some Newbies or some people have not earned a profit from the market. I usually check and consider all ICO and participate in some good Bounty and Airdrop . Then waiting for receiving the token to consider whether to Hold or Sell. I convert all to Eth or Coin top. I spent this Eth to Trade and increase my profit from it. Very slowly, and with a certain percentage, everyday and I am accumulating, now I have more than 1Eth, please try on my way.
Not that simple, in this condition everything goes down or sideways, besides that Eth still have no significant price moving except you play with big money. I see you are an investor but using your method need more time to keep hold and maybe your money get stuck at the same point. As long you still get income with your method just keep going, I need to think again. |
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What is the best telegram trading bot / tokens for newbies and not scammy?
I think you should avoid anything connected about bot, it's really not important and will make your skill not grow up. In every activity, automatic tools will create mindset not you and the risk is banned or no trust. Even in marketing world bot is not helpful, you need to do by your self even you only have little knowledge and money. Believe in you and leave bot for your own good. |
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Our destiny is not written on an imaginary surface and not in wind. What we are today in the crypto space is as a result of the works of our hands.
- Whenever you want to invest or promote a project, do not be in haste, but take your time to analyze it.
- If you want to sell the coin you have, do ensure you think about it many times, so that you will not later blame yourself for selling.
- Get materials to study whatever you do not know.
Nobody can make a better decision for you than yourself. So learn to do the right thing at the right time.
This is psychology education and most people already knows but never do that on the market, always believe in bot and greedy become their behavior. What we do today is our future tomorrow and people ignore it because they always believe today is today and this day I'll get profit in high value. Fix our mindset just like you it will help us face market risk. |
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If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use. Share with all of you  1. Binance (Strongly recommended) 2. Bitfinex (Stable, not many coins available) 3. Bithumb ( ps:security issue happened, consider well) 4. Upbit (Korea exchanges) Welcome to other suggestion  *******Additional information************ Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever People who use many exchange is swinger and that is good strategy in in this situation. I start use swing at August, not always profit but I can make big money when market not balance again. I recommended Hitbtc and Kucoin as alternative Binance and Bittrex, easy to use and have friendly support team. |
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l start trading Cryptocurrency in the year 2015 as novice, l read lot of books on forex trading such as "Japanese Candlestick Charting Techniques author by Steve Nison" which l integrate the knowledge l got from those books into Cryptocurrency. l was mentor by great minds knowing when to buy and sell any Crypto Asset and hodl Crypto Asset that have high future potentials. Cryptocurrency trading is divide into two analysis which are briefly discussed below
1.Technical analysis: this are time frame price action movement of a Crypto Asset base on history. chart are study carefully to know how a Crypto asset have been trending within a period of time.This chart can be in form of a candle stick chart , line chart , bar chart . the chart i use is candle stick chart which helps me to know if the bears or the bulls are dominant in the market which is pointer . In technical analysis there are indicators that enhances my interpretation of the candle stick which are list below
i. RSI: this is the relative strength index . is the oldest of all indicators . this helps me to know when a coin is over bought or over sold
ii MA: this is the moving average that helps me to double check the average price movement of the coins/token
iii MACD: this is moving average convergence and divergence, this is the last indicator i used to test if a coin is at the support level or resistance level
outside this indicator there are others could help to enhance my trading such as Bollinger Bands,stochastic ,Ichimoku Kinko Hyo etc .
2 Fundamental Analysis:these are factors that might influence the price movement of any Crypto Asset such factors are frequent announcement and update of the Crypto Asset in social media , political influence ,economical influence.this is the first analysis l do before trading to find out from news channel such as Coincheck, CNN, Cointelegraph about negative and positive news with respect to any Crypto Asset.This help me to no when coin is about to be pump or dump.
laws l use in trading
1. The coin must have a big market size before trading
2. l trade only with what l can afford to lose
3. l don't use emotions to trade
4. l trade with Big exchanges
5 l use the stop loss features for trading
crypto asset l traded
1. NEO
2. BTC
3. XRP
Winning Strategy
i use three strategy that have make to increase my pofolio
1. volume : after my fundamental analysis l look for coins or token that have accumulate volumes and gathering momemtum
2. trending ; the trend is my friend after the laws of technical analysis have been broken .
3. scalping : when i see that number 1 and 2 strategy is fulfilled i scalp .
Trading Time frame
l use the 30mins time frame to scalp
My Risk management
risk management enable me to manage my portfolio and control how much am willing to lose or gain per trade, that is why l use stop loss . am ready to risk 10% of my porfolio to increase my portfolio by 25%. the risk ratio is 2:5 with respect to loss/gain.
Exchanges l have traded
l trade with big exchanges because of their features .
1. poloniex
2. binance
3. Bittrex
In conclusion my experience as crypto trader is that never be too anxious for price movement. Greed and Fear is the key factor that result to lost of Crypto Asset in trading .
Please kindly share your experience in trading so far to improve a member of the forum skills in trading Crypto Asset
Well, so far I agree with you. Knowledge, money combine with practice will makes perfect. In many cases most people start trading with wrong mindset , they believe trading is simple but not. Second thing is no practice, direct into crypto market with real money will make them loss. Last one, they still believe bot and people opinion. That's my experience about trading, keep learning market moving and trust no one. |
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While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.
Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.
Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.
That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
Supply and demand anymore, about what many factors and people already answer that. You have the point but I'm afraid many whales also already leave crypto market with their asset, because of that bitcoin fall and give negative impact into Eth. You can check many reason and find which one is right but I suggest you only see your asset, focus and protect it from down trend. |
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