When the price is rising the time is to sell. I would consider it safe for anyone who bought below 40k USD to sell at this price and not panic selling. Of course the range of profit that they can get is lower but it is good for the traders to cycle this money.

Buying should be done when the prices go down again and I dont think that will happen anytime soon.

Not every dip is going to be worth buying. Suppose you already bought at prices lower than the lowest point of a certain dip - would you buy it again, at that relative higher price? You would not.

Cycling the money is important here. But that does not mean buying at every dip not evaluating the value of the dip.

What is meant is that one should take care for the things they already own and learn how to use them to make more.
No, a common mistake by the current generation. Your aim in life is to be a good human being.

Losing is a part of gaining. If you never lose then you are not taking a risk. Failures are a part of life. Start looking at them as life lessons/turning points.

If you remain infatuated about gains, you will likely lose your sanity over those things. The world is much more than just your gains. Being able to use your money to get more money is a good thing an that is what everyone is doing but that should not make for forget the little things in life that make it all the more beautiful.

In the context of life, pain is important because it teaches you a lot.

Theoretically it is possible. Practically it is difficult but not impossible..

I believe the OP has got their answer. With any capital one can start trading, the only thing is that a bigger starting capital means a bigger proportional return. That should not dissuade small-cap investors to move away though.

But a fixed amount might not be logically correct to declare from the start. One can make a lot or none depending on what coin they buy and at time or price they buy at. Here the important keys words should be kept in mind for the OP. Joining at the wrong price or time is devastating.

For starters, day trading is a wrong step. Without prior day trading experience in the stock market or so, they will likely get washed out.

OP you are having an account that was made back in 2016, in the last 5years whatever you have read from your follow members, are you still in doubt about the legitimacy (or rather illegitimacy) of signals groups?

Signal groups and so called pump and dump groups exist to scam newbies who want to make easy money by trading and hope to get rich in seconds. Every learned person will tell you that good things take time.

If the thing is paid then the scam is the membership fee.
If the thing is free then the scam is the signal which forces you to go opposite the way the owners of that group are going.

There are several bounty managers and each of them have their own telegram channels to update new bounty campaigns. I am not sure if there is one single place for all but you have to search and join one every day.

My honest advice is to not do this "bounty hunting" - I have at one time been tempted to go for bounties at a time when ICOs were booming and market was being "taken over" by altcoins but it soon turned out to be the opposite.

Still if you are willing to keep tabs on reputed managers you should join their respective channels only. Dont clog your telegram with hundreds of channels. It adds to the stress levels and frustration when a campaign fails to pay.

The accused comes here and posts a two word swear and hopes to get redeemed in the face of all the evidence stacked against them. Brilliant indeed.

I saw this thread right now although it was made some time back.

---

Few things to note:
1. Website and ANN have been taken down.
2. The "Why-paper" is a common error that the OP does and it is also visible on this thread made back in 2019:
https://bitcointalk.org/index.php?topic=5142601
Archived - https://archive.fo/H0jOT#selection-537.2-541.2

So they basically run their same template without even checking once? Bad scammer indeed.

Wow mate, slow down there.

Wall street is way more interested in running their penny stocks and bonds, while at the same time taking risky bets on investment banks who are again happily fulfilling them.

The VCs who are putting money into DeFi are not that saintlike as you might think. All these "Deals" are done with money and they are in it for the money too. Once they get their profit back, they will exit and like that have always done with the ICO markets, they will do the same here. Once the advisors leave, the devs will start leaving too and the investors will be left hanging high and dry while the project gets abandoned.

It is called "TrollBox" for a reason that most people who join the site understand pretty late.

Of course that is what it ends up being. You cant hope to expect nice conversations happening between anxious traders ready to pounce on every money making opportunity. It ends up being a place for venting for most traders. I am more of the opinion that, those who tend to use the TrollBox too much, need to stop trading - because it is getting bad for them.

More like every social media related to crypto since its start. We rarely see any informative talk happening in any social media. Compared to fiat markets in our country, there are some sites which give a proper feedback on IPOs and all, this is lacking in crypto.

It is a choice depending on how many way you have at your disposal to spend those coins. In most countries till date, bitcoin is not yet something that is legally tradeable without problems. If you live in a country like that where bitcoin is a grey area, you are more likely to spend it on gambling and trading.

With the increase in countries becoming more lenient towards spending crypto to merchants, there will be an increase in market volatility. These questions currently come up because we are still in baby phases of crypto adoption and it really is starting off now.

Without methods to spend your coins, you are more likely to save them. Simple logic here.

If you would use another site then you would likely see the pros and cons of using another site. Not that there are many. I use both CMC and Coingecko, and I find differences too little between them. It becomes a personal preference. Although I would say the CMC site is more designed in terms of appearance and more ads embedded in links for third part services.

Talking about indicators, you would need tradingview for that. You cant find them directly on CMC. But keep in mind that indicators are only a 50-50 guess as to what the market may move towards. It does not guarantee movement and neither are they confirmatory.

As a word of advice, people from the third world are a big target for scams luring them with greed. So these "friends" you talk about, be careful of what you deal with them.

So the site was a GPTC site, a get-paid-to-click site. They pay you for clicking on their ads and such micro-transactions are very commonly integrated nowawdays in mobile games - for example, a certain game might give your extra "gems" for watching a short video. Or like Spotify shows you ads before running the next track.

Point is that these sites earn a lot of the commission and the fact that they took a deposit to get started should be the red flag.

Suppose the deposit was x amount and the daily earning for any user on the site is y.

Now running the site for n number of days means that the profit incurred would be (x-ny) per user. Usually the x value is fixed while the y value usually remains an average.

Therefore the ones who join late would have an n value of lower than those who joined early. Hence the site will actually be profiting off the late joiners once the site decides to do scam.

This is why technical analysis is called a pseudo-science by Wikipedia. It can only tell you about possible trends and how the market might react but it can never predict the future. For that you actually need a time machine.

Things dont always end up similar to past outcomes, so every chance of varying is there. News affects the market strongly and they can never be brought out mathematically on TA.

The importance of FA + TA is that gives you more insight on how to place your orders and how to possibly get a grip over yourself when trading.

What the OP asks, if was possible then the person doing so would have become a millionaire already and would be ruling the world. Which means that such things cannot be done, again unless you have a time machine.

In the good way only.

People think that regulation happening will shut down crypto and that everything is a government conspiracy. Point is that human mind works like that and always thinks of worse possible outcomes. Regulation is for our own good, but nobody understands this. With a regulation on the number of altcoin projects coming up there will be pressure to actually develop the project and not just steal the investors money and run away - what happens with 99% of altcoins in the last four years.

The stock market is regulated and runs for fixed hours. Is it volatile? Of course it is.

Then how can the bitcoin market not be volatile if that was regulated when it runs 24x7?

Use your common sense, the market lives on volatility, because without it there is no market to trade on.

Well firstly check your ethereum wallet address on an explorer site like etherscan to see that the transaction you posted about really happened and that you did not end up sending your coins to the wrong person.

Once you have confirmed that, you may need to manually add the token monikor to the wallet. Used to happen a lot in MEW wallet at one time for custom tokens, in either case try this:

https://consensys.net/blog/metamask/how-to-view-your-custom-tokens-in-metamask/

The OP has gone offline after last posting a bump on this thread on Sept 3rd. I hope they got their answer, which they are obviously not looking for.

Sadly, the "token" economics is a fraud game and the older users have understood this a long time ago when ethereum tokens were being distributed to every investor in exchange of their precious bitcoin. None of them have any use to the holders other than dreaming about 100x gains while the price tanks to -100%.

No project can solve a problem that is prominent in the altcoin sector - lack of inherent market making capability. Do that and your project will likely be successful and recognized mainstream too. Otherwise it will be an endless cycle of new project>Bankrupt>Takeover>new project.

A derivative "derives" its price from the underlying asset. If the underlying asset moves, the derivative moves as well. It goes without saying that when the price of the asset rises due to reasons whatsoever, the derivative will also rise.

Hence your point, that is the price of the asset is being manipulated, the derivative will also get manipulated.

However I am not an expert on these instruments in the context of cryptocurrency, I am more of a spot trader so I cant go in depth on this. What I said is from my past experience on stocks and fiat markets. I assume the same applies to crypto markets too.

That means you did not read the necessary writing. Because if you did you would not be asking this question.

If you having zero prior experience in stock markets and other speculative asset trading, you should refrain from bitcoin trading at the start. Learn how the blockchain works and how to secure your wallets before starting trading.

The "Marketplace" in this forum is usually for goods and services. Currency exchanging also happens but not trading per se.

What I said above, dont jump into trading because there will be losses and profits. In the starting usually losses are more than profits. Try dummy trading on paper first for at least six months before putting in real capital.

When you are trading you will face questions like this, but there are no correct answers to these questions, only assumptions. It is better to keep your mind sane by ignoring such questions.

Maybe some big investor or insitution dumped their coins, or maybe a smaller dump happened and some weak hands crashed or some negative news was published. Either way, does it really matter?  Answer is No.

Another typical delusion that traders often have in their starting days.

Instead of thinking about such topics, why not keep money at hand and buy the dip - because if you had done that, today you would be at profit because bitcoin is at 46.9k USD.

Trading is a mind game, if you cannot keep your head in the game, you need to stop trading for a while. Dont sacrifice your sanity while trying to make money. You have to learn how to deal with this, not everyone can have nerves of steel.

Marketing one project is not mass adoption of cryptocurrency but a specific currency only. I have not seen bitcoin-based awareness programs but altcoin specific events. It shows that developers only care for their own project but dont spread bitcoin's name while they take investments in bitcoin.

Having a celeb is both good and bad. Firstly we have seen many celebs come in this sector and get ripped off their reputation because the project went bankrupt. We dont want more Floyd backed Centra scams my friend. In most cases these celebs dont even have the brains to understand what crypto is and how it works. They are only paid promoters, which is not a good thing IMO.

Because when the project tanks the real owners will go missing while the celeb will be attacked everywhere on social media.

I am more of the opinion that big institutions only give out news of when they are buying but only after that and they do not give out the news of when they are selling unless they have a reason to. They are more likely to sell of in portions slowly as the market rises after the news hits. They are in it for the profit and they know how to make it. Older bitcoin traders who have been watching the market have already figured this out.

Of course as long as the desired profit is crossed they will continue to FOMO the newbies into buying more and then wait for the crash to happen once again.

Celebs do the same thing too, just that some celebs have a big mouth. I am sure you have understood the pattern by now.