Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.
Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.
A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.
This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
Agree with you and I see patience is the key of successful strategy, mostly for investor with long term period method. Until now we only see how to become rich person with perfect strategy but always forget the risk and psychology aspect ( patience ). Mindset and fund is basic strategy but patience will protect your mindset and fund from bigger loss. Trust me it's true. |
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Hello,
I'm willing to learn TA, I know TA is not a total solution but I believe it helps understanding the situation.
What are the best matching TA Indicators for BTC or ETH?
A second questions : is there a place for easy backtesting for custom strategies?
Thanks everyone
Indicator built with different purposes and must set with different number. Actually is depend your strategy, for invest please use MACD but for day trading ( scalping, medium ) use MA is enough. Please understand you must set it depend your take profit area, with out that you'll not have price direction. You can use custom strategies in many exchange you like, their platform ( now ) already support it. |
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There are so exchanges this day. which one is your favourite and why?
I use Livecoin and Hitbtc to support my activity and very helpful using both of them. Until now my problem only about delay but mostly in 24 hours finish. About protection account, fees and rules is not hard and simple. I don't have any reason to change my exchange, just two of them end always fix and finish. |
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icos are good way to invest but there so many scam as well how to recognise the scam icos ?
No one can give you the right answer, it will depend your experience only. Learn by join some ICO program and make a book journal or notepad to write everything about your activity and the result. From there you can learn how to recognize scam ICO, try it and good luck. |
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Hi guy
Are you still holding your altcoin?
Have you sold all your altcoin?
You are looking for oppertunity to buy more altcoin?
You are waiting for price to go up?
Which altcoin you are holding?
May I know what are your plans with your Altcoin in the future?
My plan is simple, use altcoin to make money and built my off line business. I think we all have plan and goal is same, make money to face life risk. We know how difficult to find job and collect asset for our life and crypto create opportunity to handle this situation. Crypto helps me a lot and thank you crypto!!! |
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Hello I want to start crypto but I don't know how to start trading. Any expert crypto trader, please give me some tips & tricks about crypto trading. And how much mininum amounts need to start for crypto trading? Thanks  Start with learn the basic knowledge ( risk, money management, psychology ) before enter the market. After that try demo account to know how trading works and last thing is never trust no one just believe in your self. Good luck and happy trading for you. |
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We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin. Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys
Bear is needed to create/ make open position if market always bull, it will crash and never comes up again, for this one check commodities product before bitcoin. I assume bitcoin is same like commodities and bear trend also needed to recovery asset ( piramida principal money management ) after get big looses. Bear or bull is good for us, just follow them and get out before too late. |
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What is your best ICO/bounty that you participated and you earn a lot of money?
And also can you share your ICO that you think that has a great potential?
I can say Flixxo, Credits and Dragoncoin, that bounty program give me a lot what I need. But from there I learn that ICO project is not simple/ easy works and giving solution about members problem is hard. Just enjoy the program, finish the task and never make income as the main goals. |
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I have been seeing the same questions asked many times on the boards, so I figured why not put them in one place. As we see more we can add to it, feel free to ask questions as well and we will see if we can get answers.
Why do people create bots in the first place?
Its obvious that people don't want to be staring at charts and trying to figure out the best time to buy and sell. Sometimes, it is also used to save transaction fees. In short, it for simplicity. Well, purpose may vary from creator to creator.
How do the bots work?
Each bot is set of indicators and parameters that when all align will make a buy or sell signal, telling the exchange of your choice to execute a trade. Most of the time a bot is tuned for a specific market and time period, this is the creator's best educated guess on how the market will work in the future. It is not a magic crystal ball that will make perfect trades every time.
How long will it take to get rich using the bots?
If there was an easy way to get rich off bots and altcoins, don't you think there would be more stories out there about it? The better question is...
What should I expect as profit?
Depending on the time frame and what your bot is looking for you could make a lot, or loose some. This is after all a free market and not a bank. There are large unknowns when dealing with markets, any number of influences can trigger a rise or fall. Most bots will be a better strategy than a buy and hold method and as long as you believe your choice of altcoin will go up, then you will likely make a profit. Sometimes a bot is used to help reduce lost, not just make profit.
If a bot is not preforming the way you think you can always change bots or pause the bot and make a manual trade and then turn the bot back on when it is in sync with your choice.
Why use a bot at all?
There are many reasons why you would use a bot. Maybe you are an inexperienced trader and are looking for a way to get into trading, maybe you want someone watching over your account while you are away or asleep, maybe you don't need the stress of staring at monitors all day and want a rational less emotional way of trading.
Why doesn't my bot buy/sell at the lowest/highest?
Most importantly the bots are not always checking to buy or sell, they have a period of time where they wait and it is likely that which ever peak or valley doesn't happen right when the bot checks. Plus even if it was the highest or lowest how would the bot know? All bots are looking for specific conditions to trade on and in most cases it will execute after it the high or low.
This is the holy grail of bot trading, not just for altcoins, but for all markets. There are large computers with well paid designers trying to create these kinds of bots.
Why does one bot buy/sell but another doesn't?
Different bots are designed and tuned to do different things. Of course they are going to react differently to the market. -cryptotrader
I'm not trust bot any more even some people say it will profitable in any condition with out loss. Using bot it will not make you find the best strategy and character you need to face real market risk. Market is not just mathematics but also an art, bot can't do that. Trust me and leave bot forever. |
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Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it
You can start by learn about trading risk and money management, those knowledge is very important and most people forget or ignore because they believe trading is an easy way to make money. Wrong mindset will create loss, fix it before enter the market. How much money for trading is relative and as long is not part of daily need and loan from others person, you can use it. |
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Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?
I think buy from ICO project is not good, most of them become has no value or even exchanger. I'll not stop you because this is your money but you should see from another ICO's history, it will give you big picture about invest into ICO's project. Buy second coin ( eth, ltc, xmr, etc ) is the right step, they already have powerful position that you can use to replace your money. Invest into ICO's project? think again please. |
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i am new in trading . i want to start trading . what advice you should give me before i start in live trading?
First, learn about trade vocabulary ( stop loss, take profit, open position, etc ). Second, try to setting and read indicator. Third, trust your skill and never forget to pray. Look's simple but need hard work and time. Trade is not easy but worth to try. |
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The Philippines' first currency exchanges is now introduce in the market and is known to be the Coins Exchange or CX product of coins.ph.
They operate to serve as a platform where buyers can connect with sellers and exchange digital currency at prices determined by the market. Through this buying and selling of digital currency would be very easy and safe for Filipinos.
I can't say nothing, too early and doesn't have track record. From this news, I can see many countries already accept cryptocurrency as alternative and will make crypto market grow up. As long they have powerful system to protect data transactions and friendly support team, this exchange will survive and maybe has chance to become number one. |
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Hi all i have a lot of altcoins i invested before the bloody days and now most of then are down lik 50%. Should i sell them with no profit but also no loss or shold i keep them a little more to make profit? what would you do?
Sell all your altcoin and start from beginning, for me this step is realistic than other option. Most people will keep hold their asset but as long they have back up fund, their activity will keep running. For people with small fund, they will get stress. Decides what you need to do and accept the result. Good luck to you. |
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Is it safe to import MEW account with Forkdelta and trade?  i am new to forkdelta need help and suggestion?? thank you in advance. Please don't do that, big risk if you decide to do it. You should understand import MEW into Forkdelta meaning you release you " key " into another, your account and asset will not safe again. Use another way to send - receive and trade with out import your MEW data account. Research first and get the real information before do something like that. |
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