I am not yet sure if TA actually works with crypto currencies.
I haven't had any success with pure TA so far. However fundamentals and news seems to do better job at predicting the price of a crypto.
Or Am I doing it wrong? I tried a simple RSI strategy to trade and it didn't workout well.
Should I even bother with technical analysis when it comes to cryptos?
Technical analysis will give you prediction based data number/ graphic chart where the price will go depend your time frame. Every technical analysis has their own rules and purposes, do you understand that?. Second thing is open position/ take profit/ stop loss is your decision, you can trust your analysis or your faith. Don't blame the method because your asset is your action. |
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Please i will like to ask the community what and what must I consider before joining a bounty campaign am still not clear on that.. And I got to know not all Bounties are good to join.. From experience all my effort on metal Factory was a waste as the thread was removed and my 3 weeks posting and sharing was all for nothing.
People will give you different answer depend their experience and mostly they will say white paper, developer team and allocation coin. Actually no one can identify legit/ not bounties but never give up to try is the right way to do. Good or bad is risk and that's why we should follow ICO more than one to recovery our activity and asset. Never lost faith with ICO and good luck to you. |
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while surfing the net, i get some pop-ups directing me to the article of persons who claim to have made really big and quick by just predicting the rise and fall of some binary digits (They call it trading). This is the link to the website for predictions - https://olymptrade.com/platform. If you are into it, my question for you is "does it really pay?" also tell me what you think of it. People with that skill will never show off on public, they are silent with out sound. You should not asking in this room, that's wrong. If you see person, web, blog with information like this never share with others, just leave it. It can break your skill and mindset because your decision will depend on him. Just go and never come back again. |
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As we are looking at the market currently, the whole thing is dumping like anything. There is no thorough explanation about the whole scenario as to why the crypto currencies are dropping by so hard and hence I am eager to know what are you guys holding at this point.
Have you converted everything to the BTC or any other safe currency that you see out in the market?
Is there anyone of you who is holding all the assets back into the USDT, the Tether one or have you converted everything back to the fiat. ?
When red zone happen you should hold your capital into currency not crypto because the value is down. But I suggest you hold bitcoin and Eth in every situation, those are leader of coins. Never try to make activity in red zone besides buy back, for this one you need money management and patience also. Good luck to you. |
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While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.
Because of this I lost almost 40% my money and back to zero again. This mistakes also make a lot of people with big fund become poor in second. We all know how big greedy create lost to us but sometimes we break our rules to get profit, wrong action. I'll never give up to this greedy, I won't lost again because this one. Keep do the best and we will create new future for us. |
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Ethereum Price Drops Below $ 550 2017 was probably the breakthrough of Bitcoin and simply the year of the cryptocurrencies. Now It seems evident the year 2018 is almost becoming the year of the cryptocurrency “dumpening“. All prices are going lower every day. The past 24 hours have pushed the Ethereum price below $ 550 and the trough is not yet in sight. How does it continue? For the time being, the cryptocurrency markets do not seem to make much sense. With the Bitcoin price in the dirt, all other cryptocurrencies are bound to follow. While there will be some pump-and-dump attempts of smaller and insignificant currencies, the ethereum price is going straight down. After a very rough week which just ended, the new momentum only seems to be driving down the value down even further. More specifically, the Ethereum price has dropped below $550. It is the first time in over a week the Ethereum price goes this low. In fact, the value per Ether was just over $720 on May 22nd. A massive price dip has occurred earlier this morning, albeit no one knows for sure what has caused it exactly. Even so, recovering from this massive setback will prove to be very challenging, for rather obvious reasons. With this latest 8.76% setback in USD value and another 7.86% decline in the ETH/BC ratio, things are not looking all that impressive for the Ethereum price. At this rate, it seems to be a matter of time until the Ethereum price drops below $500, which would spook a lot of holders, for rather obvious reasons. Panic selling has already begun to set in, which will continue to drive the Ethereum price down for the foreseeable future. The Ethereum trading volume is still holding relatively strong at $2.221bn in the past 24 hours. Unfortunately, most of that trading volume is made up of people looking to dump their Ether holdings at bottom prices. At the same time, there will be some people buying the dip, as this creates an exciting opportunity to stock up on some cheap Ether. Fiat currency markets are not hard to come by where Ether trading is concerned. Right now, only Bitfinex is in the top six, whereas the rest is made up of BTC and USDT trading pairs. OKEx, Huobi, and Binance are all in the top five as well. With just two exchanges generating over $100m in volume these past 24 hours, things are not necessarily looking all that great. Only time will tell if the Ethereum price can pick up the pace moving forward. What a bad start to the week! And it looks like there will not be any positive news for the best cryptocurrencies this week. The downtrend continues ... maybe with the exception of the coming weekend. We will see and it remains to be seen what will happen. CLICK ON THE LINK BELOW TO READ MORE Drop is good to buy back for recovery asset and get more profit. You only need to find second top bottom because that is sign to start activity again, meaning this is " hope ". For people who doesn't have good money management, this situation can make them lost control and take wrong action. Stay calm and good luck to you. |
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I'd like to buy some bitcoin or litecoin (ltc because less sharp ups and downs) but i'm having trouble figuring out the best way to go about this. I'd also prefer to do so anonymously... I could use some help. I live in the middle of no where basically so I doubt anyone out here would have some to trade in person. Any help is appreciated.
No need to buy just join bounty program and you'll get free coin that you can use for your further activity ( trade/ invest ). I believe today technology can use anytime anywhere, you only need to find the solutions for your problem. Just advice, wait until next month for buying activity. The price to slow and can make your money stuck. |
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I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.
Merit will be highly appreciated if you found the post helpful.
I agree with you, besides that many people also hold their coins and wait until the price reach their take profit, because this activity also make the price not moving. Actually go down on weekends is unpredictable situation and about time and no one we can't predict about that. If you need money I suggest withdraw before weekend and use that time to buy back to recovery asset. Do that and create opportunity to make money. |
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Why some people want the Ethereum to over come Bitcoin in the near future? Is it because they make profit from ETH or what?
Today, btc become more unpredictable and slow, it will make our money not grow up and stuck in one position. Second reason, many people using Eth to send and receive payment to help them if bitcoin network trouble. Last thing is I agree with you, they get profit when replace money into Eth than other coins. |
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Does bitcointalk Forum rank really matter 's for signature bounty campaigns and what are the links between "Merits" and "bitcointalk forum rank" ?
Of course, with out higher rank you'll never know how signature feels and merit will help you to get higher rank. Both are connected and can't separated with any reason, merit needed to make a good post and give value into our knowledge, so don't argue with merit. Now I agree if rank need merit because making quality post is good step to keep this forum survive. Long life for Bitcointalk forum. |
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In a current BTC price in the market,if i buy BTC now,is there a chance to double or even triple my investment?
Chance is always there but how you can reach that is another story. Double or triple profit is possible but as I know only investor/ trader with long term period did that. If you use short/ medium period I doubt you can reach that. Think again, calculate again and don't forget about money management, it will safe your asset. |
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I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation?
Your suggestion would be highly appreciated.
The price depend supply and demand if they not balance the price will change. Crypro market is unpredictable because many people with big money create opportunity make money at the same time and place. As long you set stop loss and obey your rules everything will be fine. This is market don't complain this is real fact. |
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Hello I am newbie here I want to start in trading where can i start? can $100 survive in trading? Please help me give me idea where to start
I think you should learn about risk and money management before enter the market. For your $ 100 of course will survive as long you follow your rules strategy. Learning by doing is the right step to start trading because from there you'll see how difficult make money with trading platform. Never give up and good luck to you. |
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Guys, faced with the project, took part in the bounty, the result of Scam. Took part in another bounty company, there ICO ended more than a month ago, and the payment has not yet been the bounty Manager is silent...Apparently this year's bad in respect of ICO projects.
That' risk and sometimes I think again, isn't become bounty hunter is the right way to make money?. This is what I do to pay bill and built my future but even get scam project I'll never give up. Keep doing that and never forget to find alternative job to recovery our asset. Good luck and keep going all. |
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CRYPTOCURRENCY BEST RULES. ALWAYS FOLLOW THESE.
#Patience is the key to success in trading
#Never be panic ,never sell in loss if coin is already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.
#Trade at your own risk.
#And last dont regret if you sell a coin and coin goes up afterwards ,profit is always profit ,because in both situation you will regret if coin goes down you will say why i didnt sell and if coin goes up you will say shit ,why i need wait I sell in low price but the thing is profit is always better ,profit is profit ,always set what percentage you want from the particular coin and sell it .Never regret next trade is waiting for you.
IF YOU FOLLOW THESE RULES NO ONE CAN BEAT YOU IN TRADING .
To many rules make me can't think. For me basic knowledge about risk, money management and accept the rules is important and not too long. So far I can say rules is same but people have different strategy and that make crypto trading/ invest become interesting. They will find their own pattern after enter market with real money, trust me. |
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what should we do, see the market is getting down every day, whether we still buy or we must hold, how do you think?
When down trend happen we should hold and buy back again if the price reach second top bottom, this is what I do. How long trend will running no body knows? if some one can answer it I believe it's just only prediction. In this situation patience is needed and you should have alternative income. Always have back plan for the worst is better. |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
That's right and we should do that if don't want to get loss. Trust our skill is important trust other people is disaster and I already do that. Even we are new in crypto market but believe in our skill is first step and should not ignore it. We built our future and start with faith is amazing. Do that and victory will be ours. |
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Please anyone here has a project that looks promising that one can invest for long term?
Please help so that we can make Crypto a better world.
Thanks!
You don't need any advice for us, all you have to do is research. See their history and look the trend, from there you can decides what the best for you. Never ask people about topic like this because everyone has their own answer, this condition can make you confused. Do and believe with your skill is better, good luck with you. |
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Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a category of traders does not accept these losses. Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses. In fact, the first and most essential thing to surpass the loss is " The acceptance of the truth" and then you have to " deal with it " in a good way. Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all. These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan) : Step 1 : What do I want to achieve? (Vision)
For example: I want to earn 2 BTC within a year. Step 2 : What is their importance to me? ( Value )For example: It is important to me because I am poor and I want to help my family in many things. Step 3: How will I achieve it? ( Methods )For example: I must have many strategies in each event ( crisis, pump ) .. .. Step 4 : What prevents me from achieving it? (Obstacles)For example: time, unexpected event, the fear , weak of self confidence... Step 5 : How do I know that I have achieved the success? (Measurement)For example: .. .. When I see 2 BTC in my wallet before one year.
Good luck to everyone .  Close your laptop/ PC and leave the market, take time for vacation. That's what I do when loss become mine, in this situation I can't think anything right and if I push my self, all my decisions will become disaster. Mostly I agree with your post, to recovery our mind and asset also need time. Enjoy the journey and never push to hard. |
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