Why not try it via Forex brokers? I believe that’s so much more comfortable thing and you get greater scope when it comes to making profits, so why not that? I myself trade with FreshForex and feel so much better than a specific Crypto exchange. Anyhow, it’s down to personal choice.
I do not like Forex and will not suggest anyone who is in crypto to start forex trading. Forex is quite different from Crypto and it is more dependent upon TA and there is no such things like Dependency upon news etc. Also forex market is not as volatile as crypto market is and also I think that crypto has a better future as compare to forex. |
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The market at this moment is in a tenuous war between bears and bulls, it is difficult to enter many altcoins without having a high probability of falling, although there may be positive signs of the market, maybe if you start with at least 3 operations a week , your effectiveness rate may increase. A follow-up and a good study of the market can increase your chances of success. Many say that a bullfight is coming, but I am not one of those who predict, but react to the market.
The current market is not the one that we can say that we can take 100% or more profits. This market is more suited to get 10 -20% profits and then exit the trade. If we greed for more, then there are chances that the coin may not go further higher and we may experience the dump. I usually focus on taking small profits from the trades. |
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Just ordinary well-operating laptop,nothing special. Any laptop can do the trading of course, it will just depend on what you want. I honestly don’t want to use laptop since its too heavy and I always travel so I just invest on a good phone which I found contentment. You can also use tablet which is more light weight compare to laptops. Trading can be done on tablets and on cell phones also but I will recommend using laptop. One of the reason is that laptop has a big screen and it can better help you. Secondly I think all the features are not available on mobile versions of exchanges as compare to laptop/desktop. Mobile / Cell phones can be used to view only the prices and for placing the orders, I only use my laptop. |
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Full of hope this year because in the previous year many traders were experiencing problems and now I think people are indeed waiting for a moment where prices can rise again
Everyone is hoping that prices of bitcoin will rise this year, although no one knows when and how much high bitcoins will rise. If we analysis the first two months of 2019, we did not see any big movement of bitcoins. It once crossed 4000$ but within 3 to 4 days was back under 4K and it is stable at 3700-3800$. I am hoping the 2nd quarter will bring more momentum in the bitcoin prices. |
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you will get two suggestions, buy bitcoin immediately because bitcoin prices will peak and sell bitcoin because bitcoin will fall down. I think you are better to have your own predictions, and make a strategy to make a profit.
Buying bitcoin is more better as even if it fall, it wont fall much as we are already near the bottom. Selling bitcoins is not the right choice for now as we are bottomed out and chances are very clear that bitcoin will go further up from here. I would suggest to go for long if you are doing leverage trading on bitmex. |
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new Capital and new People is what we need!
Same Capital what is in circlelation.
and same old People.
New people will only come if we make bitcoin more popular. Each one of us has to tell our near and dear ones the benefits of bitcoins so that more people can come and invest in bitcoins. I do not think that we are finally in bull market, and I think that we need to wait for more confirmations. I also think that we will see BTC under 3k$ but that is just my own speculation. Currently i have 50% in BTC and 50% in Tether.
As per experts we need to touch 2900$ before we actually pump up and that will be the exact start of the bull market. No one knows when we will hit 2900$ but I think there is one big dump anytime soon. |
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I still keep on expecting for the green market especially in the year 2018 where I totally keep on expecting that market will recover and we can gain again. It's hard to see that if the market will become green in this month because every seconds, minutes and hours the color of market changed and it is totally normal.
You can simply say that it is normal to see the changes in the market. But, i think there are some person or group behind on that changes. Whales always control the market and these days they can make the market green or red. Maybe if we want to recover the market we need to support the price on market. Well whales are always in this market and they will manipulate the market always. Even if the market go up in this month but it cannot be all green throughout the month. There will not be anything like straight up movement without any correction. |
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The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision. I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision. I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market. Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market. The cryptocurrency market is highly volatile and that makes it very difficult for us to predict and succeed in a long-term but if we can work hard enough I believe that we can actually make an informed investments decision that may put money in our pockets. Investors that depends only on fundamentals analysis will lose and likewise those that may depends on the technical analysis alone. It is better to use both the fundamental and technical analysis as using only one of the method may not give the accurate results. If you asked about forex, then only TA would work. But this is not true in case of crypto currencies. I always follow both TA and FA, before making any trade. |
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I don't know man, seems like it doesn't matter whether bear or bull is happening, I am only using my crypto asset as gambling money. My fiat money is not free money though, I use it to pay my bill and living-cost. And my crypto is free to be spent on anything, and I mostly gambling for fun. So, yeah I will still use crypto even when it is bearish.
And is crypto free money for you? You must be one lucky guy  I have a different understanding of this. Fiat money won't go up in value but it will go down 2% a year due to inflation. Crypto can go up by a lot in the next bull market. Why would I spend something that can rise in value and hold something that falls inevitably? I think money is money whether it be crypto or fiat. It depends which you are earning. Most people are earning crypto through online methods while getting Fiat from their daily jobs / Business etc. You can use either crypto or Fiat in betting as if you lose any amount of both, it will be a loss of course. Since both are convertible to another so it does not make sense to use Fiat for gambling just because crypto can rise in future. |
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Lol, I kept laughing while reading this didn’t your friends tell you that you’re meant to invest what you can afford to lose? Why would you invest all you have in cryptocurrency, didn’t you read about it to know the risks involved? Google is right there and you should have made some research to know exactly how it works. It is not free money and here is no guarantee you will make money, you either go broke or succeed.
I think he should learn from the mistake and realize that every investment, not just in crypto, has a big risk and we can lose all the money we have in any second. The big mistake with those people out there is they become greedy when they see the price increase so high and makes them think "Oh boy, I should buy that coin before it's higher". So he uses his power to buy but suddenly, the price fall to deeper price, and he is angry because he makes a mistake. The biggest mistake which people make in crypto is that do not buy when the market is Red and coins prices are low. When they see that coin prices are rising then they jump in the train which is only because of fear of missing out. Most of the time, they enter at the very top and once they entered, the big whales have already starting exiting the market. So those who enter in FOMO usually lose their money in this trade. |
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I think the main and most alarming considerations for the disadvantages are:
1.- To enter a position you must choose to enter only with Stop Loss, or not place Stop Loss but Take Profit.
2.- That do not allow entry through Margin Trade, but simply to trade only in the bull market, that is, only buy currency and wait for it to increase to obtain profits.
There are many level 1 exchanges, which have these disadvantages, in the case of (1.-) you have to choose between entering with Stop Loss, which forces you to stay on the chart as long as necessary to see if it arrives to your profit, I think this is not good for the trader , because it creates dependence and much more stress than normal. And if it enters placing the Take Profit and does not protect with Stop Loss, in less than 10 seconds the market can come against, and if you are not in the graph you can move to a very losing position.
For the case (2.-) we know that the market corrects, and many exchanges do not allow entries in Margin Trade, which limits the ability of the trader to trade with the freedom it deserves.
Well, it depends on the trading platform you are using or the exchanges you are using, most exchange now have upgraded and does allow entry into margin trading and if I may understand you clearly, are you saying most exchanges does not have facility for stop loss in trading which I believe is not true, there are couple of exchanges available that allow stop loss though some of them don’t allow this because it reduces their profit but I can confidently tell you that Binance, poloniex,coinbase and karaken allow this tools. Well, I mean open a position: Stop Loss and Take Profit at the same time. I understand that only Bitfinex and Bitmex allow it, previously Kraken, but Kraken no longer owns it. Why do I say it? If I enter a position with Stop Loss, I must be waiting on my PC until I reach my goal, if I place it automatically, it should not be pending on the graph, and what will happen if I lose, simple I assume my loss and if I win excellent But both they are only in Bitfinex and Bitmex. In poloniex, you can also enter a margin, but you do not have: Stop Loss and Take profit that can be set at the same time ... Only Stop Loss or Take Profit. I think stop loss or take profit is a very good feature which should be implemented in every exchange. Due to ever changing volatile marketing, we never know when the price can dump and we might mot be available online to sell. This is where stop loss comes in handy and it prevents us from big loss. Stop loss is so much used today but not many exchanges offer this feature.  |
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Interest from bitcoin funding is easy passive income.. low risk too depending on the platform.
low risk? Are you sure if the bitcoin trade has a low risk? You may be a beginner, you can learn more about bitcoin trading. Bitcoin trading is not a low risk. A trader is risk at all times as he never know when the market can dump. However , if you are a long term trader I will recommend everyone to enter in crypto for a long duration of time maybe for six months or a year. The longer you invest in crypto, the more surety that you will benefit from it. |
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No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Yes, that is why its advisable to start trading with a small amount of capital because you will experience some losing streak on your trading, its normal since you are still learning and if you trade with big money it will just be wasted. Inexperienced trader, will become more professional if they continue to learn but if they will just depend to buy and sell I think they will not succeed in long term. Emotion is the key problem for the inexperienced trader. Trading with small or large amount does not matter, what matter most is that you learn trading before actually starting it. If you start trading without gaining sufficient knowledge you are more likely to lose all trades. No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. Investment initially on the early stage on your learning will never be wasted as this will help you avoid the loses in future in trading which are caused by the lack of knowledge. |
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ICO projects can pay bounty hunters with usd or bitcoin instead of their own token. To avoid the project dumping and the price of the token to fall down until that project itself dies. The problem is bounty hunters joins ico and bounty campaign's to gain money that's is why the dump is to be expected. If the team and members of the company really wants to succeed then they really need to change the payment method.
Well, if the ICO projects were real and not made for the purpose of scamming, only then the owners can pay in bitcoins / USD. The projects owners almost get free advertisements as they only pay to their workers in the coins which have no value until they come on exchanges. |
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Yobit have bad reputation since acouple years so i never use it, and for Cryptopia according to their update in twitter they will reopen the exchange in 2 days on monday. There are alot of crypto exchange that much better than Yobit, Use crypto exchange that has good reputation and friendly customer support, like Binance, Kucoin, Gate.io, Bitmax etc, all these exchange provide customer support via official telegram group.
I really wonder why people still uses yobit, crytopia and other shit exchanges when there are so many reputed exchanges like Binance / Bittrex available? Unless you want to invest in the coins which is only available in these small exchanges, there is no reason to use these exchanges for trading. Even if you have to use, just trade and withdraw all the funds from them. Never keep any funds in these exchanges for a longer duration of time. |
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In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading. 1.Don't trade based on your emotions,just concentrate on FOMO and FUD. 2.Only risk the amount which can be affordable for you or just don't enter into that trade. 3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent. 4.Don't day trade only if you don't understand it. More points about mistakes need to avoid are welcomed here for the newbie to learn.  I don't think that technical analysis is not applicable at all. In case no major events are coming technical analysis may help you in day trading. Support and resistance concept can be useful. Many people believe that bitcoin does not follow the Technical Analysis and is most move with respect to the news of the coins. This might be true in some sense but in the long run the Technical Analysis do play an important role. If you want to be a perfect day trader, then TA should be at your finger tips else you will not succeed in this field. |
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I don't think it's gambling who's eating your brain and money but it's your addiction that triggers too much loss more than you expect. Gambling wasn't made for negative reason. Although a lot of people gets miserable due to gambling, it's because of their addiction. The lack the discipline to themselves.
If gambling was not made to lose, the gambling is also not made to Win Always. Its a mixture of win and lose and only those people will succeed who knows these both aspects of gambling and they will play with some plan. Even though it only a matter of luck between lose and win but if you know how to manage the money, you will be able to earn good in the end. |
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We have a choice for playing gambling or not, and I don't think about gambling is illegal or not in our country. People become curious if they found other people can make money with easy and they will search how to do that. And if the curiosity becomes bigger, they will try to play gambling even if the gambling games is illegal in your country because you want to feel how to play games with money inside.
Because they just want to make easy money,it is a crime even if they do it online so they need to respect the rules from their country and need to use other entertainment things not that gambling. Yes. Even if it is illegal and a crime, it is considered as a source of making easy money and there are many other activities as well which are illegal and crime but people do that. Anyhow, at times, it might lead to making good fortune but not all the time and might give you a desperate time to witness sometimes. Despite putting money in gambling whose reward is full of uncertainty, one should invest in something mush risk less. There is a difference between doing acts to get easy money and doing task which are illegal and getting money. The 2nd part is like doing a crime and is never safe. Even if you use VPN or other means to access gambling sites, it is still illegal and you can be caught any time. Considering the law of that particular country you can be prisoned for playing gambling illegally. |
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Can you really trust all the dice and gambling sites with provably fair games? Or are they all rigged?
Probably they are fair. It is just that the chances or luck is not just always fair for us. Since gambling is an application of probability in a game, chances of winning is not always present that is why maybe you are doubting about the credibility of the fair games they have. You just need to be wise on thinking about your bets in playing gambling. You just need to enjoy every game you play and do not put further pressure on playing just like what I did on playing into the online casino that I am currently into because I enjoy the variety of games they have as well as the great deal when the first time I have done my deposit and received their reward as a welcome bonus. Indeed. Those games are just fair enough for us players. What is not enough is the luck we have to win those games since they are practically application of probability so we have a 50:50 chance of winning or loosing the game. You seems to be enjoying playing into that online casino you were talking about that gets my interest. I disagree, it's not a 50:50 chance because there is a house edge. Exactly, no games are fair even if they claim to be provably fair games. No one knows what is the exact house edge which is implemented in the backend and therefore the probability of a player to win is very less as compare to the house (Casino). |
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Forget about it mate there is no winning strategy for sports punting.
The wise guy casino bosses and line makers are always ahead of the general public.
Heck even professional punters know this strategy wont work and they need to create their own.
This is why you dont see very many pro punters and most of them are selling their plays as the only real way they make an income.
Strategies make you believe that you’re earning but in reality its useless because luck is always on the side of gambling. Strategies on how to handle your finances is much better, but if you just think about the gambling, it wont really work in long term trend. Strategies won't work in most of the cases in gambling and Martingale strategy is not for the sports betting. I mostly do sports betting and for that I always bet on the team which I believe is more strong on the paper. Although I do not win always by this but my wining percentage from sports betting is more than 70% which is quite satisfactory. |
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