Should I hodl Ether or sell and invest in something else ? And if yes, then what should that new thing be ?
You should hold ether and that will be the most opinion from all of us. Second opinion is how your strategy say, hold/ sell/ buy?. Last one, what do you need right now, keep hold for more profit or sell it to replace become another coins or pay the bill. Actually only you can decides the right and as friend I only can say what would you do just think again.
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Which coin do you think can be the next Ethereum? Both in use and price increase to go 10-100x.
The next ethereum is ripple, I see from how many news come up and also price action ( slowly but sure ). Actually every coins have the same chance and challenge but we only can follow the trend. Some people say " doge " is the next ethereum, the reason is simple, have many supply and no trouble network ( not yet ). People have different opinion but find alternative after ethereum is important.
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Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin. In this business I was not experienced, so I followed the advice of different traders and their signals. In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free. Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency. Now I want to try to make money on bounty programs. And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
That's a lot of money but from there you can learn there's risk you should deal with it. Bounty program is the right way to earn money and the task is not difficult. You only need to find the ICO project on Bounties section, follow their rules, finish the task and get the coins. You can choose any project you like but always follow their rules. Good luck to you.
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I have seen many topic like "how to start trading", "what strange is good for trading" .... etc. I had same questions when i was a beginer like you and here i found this post on a blog. I think it's good for beginer and experts, please leave your comments here to help beginer. I hope it will be useful. Here are 10 strategies on how to day trade for beginners: 1) Look for scenarios where supply and demand are drastically imbalanced, and use these as your entry points. The financial markets are like anything else in life: if supply is near exhaustion and there are still willing buyers, price is about to go higher. If there is excess supply and no willing buyers, price will go down. At Online Trading Academy, students are taught to identify these turning points on a price chart and you can do the same by studying historical examples. 2)Beginners should always set day trading price targets before jumping in. If you’re buying a long position, decide in advance how much profit is acceptable as well as a stop-loss level if the trade turns against you. Then, stick by your decisions. This limits your potential loss and keeps you from being overly greedy if price spikes to an untenable level. Exception: in a strong market it’s acceptable to set a new profit goal and stop-loss level once your initial target is achieved. 3)Insist on a risk-reward ratio of at least 3:1 when setting your day trading targets. One of the most important lessons in stock trading for beginners is to understand a proper risk-reward ratio. As the Online Trading Academy instructors point out, this allows you to “lose small and win big” and come out ahead even if you have losses on many of your trades. In fact, once you gain some experience, risk-reward ratios of as high as 5:1 or even higher may be attainable. 4)Day trading requires patience, so be a patient trader. Paradoxical though it may seem, successful day traders often don't trade every day. They may be in the market, at their computer, but if they don’t see any opportunities that meet their criteria they will not execute a trade that day. That’s a lot better than going against your own best judgment out of an impatient desire to “just do something.” Plan your trades, then trade your plan. 5)Day trading also requires discipline, especially for beginners. Beginners need to set a trading plan and stick to it. At Online Trading Academy, students execute live stock trades in the market under the guidance of a senior instructor until right decisions become second nature. If you’re trading on your own, impulsive behavior can be your worst enemy. Greed can keep you in a position for too long and fear can cause you to bail out too soon. Don’t expect to get rich on a single trade. 6)Don’t be afraid to push the “order” button and execute your trades. Novice day traders often face “paralysis by analysis” because they get wrapped up in watching the candles and the Level 2 columns on their screen and can’t act quickly when opportunity presents itself. If you’re disciplined and work your plan, actually placing the order should be automatic. If you’re wrong, your stops will get you out without major damage. 7)Only day trade with money you can afford to lose. Successful traders have a “little bucket” of risk capital and a “big bucket” of money they’re saving for retirement or another long-term goal. Big bucket money tends to be invested more conservatively and in longer-duration positions. It’s not absolutely forbidden to use this money occasionally for a day trade, but the odds should be very high in your favor. 8)Never risk too much capital on one trade.
Set a percentage of your total day trading budget (which might be anywhere from 2% to 10%, depending on how much money you have) and don’t allow the size of your position to exceed it. Otherwise, you may miss out on an even better opportunity in the market. 9)Don’t limit day trading to stocks.
Forex, futures and options are three asset classes that display volatility and liquidity just like stocks, making them ideal for day trading. And often one of them will present appealing opportunities on a day when the stock market is going nowhere. 10)Don’t second-guess yourself, but do learn from experience. Every day trader has losses, so don’t kick yourself when the occasional trade doesn’t go your way, especially if you're a beginner. Do, however, confirm that you followed your established day trading rules and didn’t get in or out at the wrong time.
Very helpful but if you can up date your post with indicator is better. From your list I see you already do your homework but mostly like psychology, the difficult part of trading and investing. This guide is more completed if you write about the risk and which one I should test my strategy. I know the beginning but doesn't have knowledge about the end, help me please.
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Let me get this straight, we are seeing many bounty campaigns are asking for the KYC verification from bounty participants which is completely wrong!
KYC is Know Your Customer document that is taken as proof of validity. But this is applicable to the "Customers" and by legal means Customer is personnel who has got trade with the seller/entity/organisation etc. So its obvious that they should be known to the service providers as they are going to invest their money. Knowing customer let them know they are having track of right person, with rightful money etc.
In case of bounty participants, they have no rights to ask for the KYC as they are not the real customers and they are not having any kind of trade with the ICO companies. Thats the sole and perfect reason why they should stop asking the KYC's from the participants.
Conclusion : If bounties asking for the KYC then they are surely going to be scam one or they want to screen out most of the participant to save their money.
KYC is project policy, whatever the reason we as bounty hunter should follow the rules. If you don't like KYC process just join bounty program that not ask about this, simple isn't?. For some people, KYC is difficult because they afraid the data can be use for something wrong and that's natural. Positive thinking about this and keep going.
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is any way to earn a lot of coins and tokens free please suggest me because i want to earn
Most people will say join bounty program and airdrop is the best option you have, it's true my friend. Besides that, I don't see any way to earn free coins or token. If you have money it will easy to get token/ coins and make them as passive income with invest strategy. Keep try and maybe you can create new way to earn free coins it will help people who doesn't have money to start create income, it will very helpful.
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You can buy it now to recovery asset and get income, market start to grow up again and you should not miss this chance. Do some research, read information and ask public opinion is good but you should have faith to test and follow your strategy. Too many information will make you confuse what the right step to do. Go now, see what happen and accept your strategy result.
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If I could pick one crypto that suits for holding, that would be ethereum. Do you agree that this one is good for a holder ?
It's more established than other alts in the market and companies are adopting it.
People choose to hold because the price is far from their take profit/ stop loss point and some people they just ignore it, meaning too busy with their off line job. Ethereum is good option even I choose to trade it not for invest. This coin has significant price action that can I use to create income. As long we can make money, all option is good to be done.
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I started to like crypto and being an enthusiast with it lately. I had read many articles around in the internet and found some good attributes regarding on the different kinds of crypto in the crypto market. And i found out that ethereum is a platform which also supports mostly of the altcoins being introduce by its mean using ICO. Conducting a project from the crowds budget and in return from the contributions are the giving of tokens instead. And afterwards the tokens will be used in an exchange they prefer to partner with. That is why i am taking credit to ether as best crypto next to bitcoin because of the platforms being used by most of the crypto as well. What do you think? isn't it ether is the best crypto?
Most people will agree with you ( include me ) because until now, ethereum is second number is every list crypto web, the price is expensive than another and become alternative send and received payment. Many benefits we can get if use Ethereum as second income and you can use it to built on line shop using etjereum as payment. Try now and good luck all.
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Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.
Most people decides to join/ try trade is because the profit, when people see big number everything will they do to get it. Knowledge about risk is very important and that's the the first thing you should know before enter the market. From this one you can get big picture what you'll deal on real market. Most people ignore this knowledge because they think lost is nothing. Start it with know the risk is better.
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Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
Not always like that, if you do some research you'll know most successful trader is not educated person, they only people will faith, simple rules and take challenge as part of risk. The knowledge about trading/ invest is not change but strategy always changed. Have education is important but practice and patience makes perfect.
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With so many new alternative coins popping up daily, do you feel positive about them and their ICOs?
I always think positive about altcoin but only for old not from the new one. Every developer will give the best for customers to create great number for their ICO, even some of them are fail I believe there's always new comers. Altcoin is alternative income and payment transaction if the main ( bitcoin ) has bad network and it's good. Besides that, some people can create income with altcoin but not with bitcoin, good opportunity for us.
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I am new to crypto and I want to learn how to trade but I do not know where to start. Please give me some advice on what are the best exchanges where I could learn how to trade. Your advices will be highly appreciated. You can try local exchange near you for learn how it works. After that you can try hitbtc, binance or kucoin. That exchange has many coins that you can use to trade/ invest and friendly support also. As long you follow their rules your transactions will finish clearly in short time. Which is the best? let you decide it.
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Are you tired of watching how other people make their dreams reality with ICO? Do you want be part of the growing industry and execute your own business idea? It's time to launch your own Initial Coin Offering! Full ICO package including Smart Contract, ICO Website with Token Sale and White Paper costs only 1 BTC. We also provide efficient ICO marketing services that are not publicly available.
TELEGRAM: Inviting people to your Telegram group. You can choose from which existing Telegram group we will add people. BITCOINTALK: Bumping up on your ANN Topic in Bitcoin talk to keep it on 1st page 24/7 REDDIT: Bumping up your post to Top5 on Bitcoin and Crypto subreddits and keeping it there for min. 8 hours. Visit our website:
http://ico-services.netICO project look's easy and profitable but I believe is not that simple. The progress need hard work and high performance tools system, after get member we should built great communication and fix their problems. Maybe some day I'll have my own ICO project but not now, too risky for me.
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Every one will try to get small fees for their transactions even there's risk they should know and we call it delay. There's no guarantee small fees will finish transactions on time but at least we can save small money for next transactions. I can't open your link, maybe my network not work properly. Some day I'll visit it to know what the inside.
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Trading is indeed difficult to do.
Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".
Long-term trading is good for those who:
- want to invest
- has a job that requires at least 8 hours a day
- want to earn extra income
- non professional traders or beginners
But of course you will have to consider these things before investing: - invest money that does not limit your ability to meet other financial needs
- should be willing to lose some
- higher investment, more risky and higher potential of loses and/or rewards
These are the benefits of long-term trading according Anne Chapman (2015): - You are not required to find new opportunities every time. Just hold on the coins you believe has a potential. Do not bother yourself with other cryptocurrency focus on your work and family.
- You have more time to plan and study the charts for analysis of trend
- You only need to employ simple techniques.
First, identify major areas of support/resistance (does a trend have room to develop? Second, look for chart/candlestick patterns (do they reinforce a trend continuation?) Finally, look for a logical and high probability point of entry and manage the trade - You will experience less stress since you do not have to monitor the charts, price, trend etc. every time.
- You only have to work less. Check your coin in a month or weekly basis, etc
Thank you. A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list] I like long term period because I don't have time to see the market chart. Second reason is, I already know basic knowledge and market works but sometimes my greedy kill the profit. Long term trading/ investment make me keep patience to wait the right time to enter/ out from market, very helpful. Because those thing I use it until now and I only need to learn the right coin to trade/ invest, very easy but always careful with our asset is also needed.
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After previous crash most of the coins are pumping but neo still not seeing Sun light after crash . But there is lots of good nes on NEO blockchain . Some recent succesful projects were ontology , pikciochain there is lots Even NEXO exchange going to launch soon . MOre chinese investors are interested on NEO based projects . What do you think NEO will be Pumped soon or later ??". IS that good investment for long term ??
NEO is good option for long term investment, just like others coin. I can say that because I see from coinmarketcap and news, NEO have significant move and will create more demand about this coins. I suggest you to invest into NEO because I already do that and now just waiting for the best moment to see. Even I use long term period I'll be patient to wait.
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Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)
HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.
1. Do not panic when market value is decreasing
2. Do not even think of selling you bitcoin or ethereum
3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation
Edit: additional. So, I suggest you go and hold next thing you know your might get rich
FOR INVESTING OR TRADING:
4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)
5. study the past history of market value ( when holding or investing and even trading)
As I know only patience is the point to keep survived on real market in any condition. Your post is like detail about patience it self and keep hold our act about anything on real market. For me, your post is very good. I have another knowledge is strategy how to choose alternative way to face market.
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