I was thinking this morning and trying to used my trading experienced in analyzing my past performance in trading but I came to conclusions that most times that I lose, my predictions of market directions is right just that something unexpected happened along the way.
Because of this unexpected reactions in market cycles that is why we should learn on how to manage risk. Since there are many indicators and we can not used all of them at the same time I believe that there is no way we would be successful in trading except we learned how to manage risk and reduce our risk as minimum as possible.
2019, is here, are we going to continue in losing trade? I have decided to love my capital more than profits this year and I am not going to take much risky trade this year.
There is a rule in trading " Money saved is money earned". If you are capable of saving your equity then you are at the first step of successful trading. Only technical analysis, fundamental or sentimental analysis cannot make you a good trade, you need to learn money management which is an essential part of trading, aside to this you need to control your greed and fear, many good traders lose because of greed and fear. Always trade with a solid plan, if plan A fails what is the plan B. If you can learn all these things then your destination of becoming successful trader is not far away. |
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Most of the ICOs are being launched on Ethereum blockchain, Ethereum network is faster than BTC, ETH is also widely accepted, it is undoubtedly a potential coin. Ethereum price is trading at $120 today which is more than 10 folds down from its all time high, it may bounce back with the same speed once bull run begins. I see ETH as nearest competitor to BTC.
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Devs should stop blaming bounty hunters for dumping ,they work hard to promote your projects and they have every right to do what they like with the tokens if this is really what you don't want then
Don't pay bounty hunters in your tokens ,pay them in USD ,USDC or ETHEREUM to avoid dumping your tokens and that will have positive impact on your tokens ,dumping will always happen and if the project is a strong one then it will quickly recover
Fully agreed to your statement, if dev are worried about dumping then why don't they pay in ETH, BTC or USD, what is the issue if they have collected a huge amount of funds. Dumping by bounty hunters does not lead to permanent price decrease, all dev should understand this. If dumping is only done my bounty hunters then why does price goes to south in many cases where bounties are not distributed yet, its all illusion. Every ICO should have a proper plan to stabilize their token price but it can only be done by hardworking and dedicated team not by low grade ICOs. |
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If you are a day trader then SL is an important thing to consider. Trading w/o SL can take you to deep loss in one go. Even if someone has set a long term target on any coin still he/she requires to put SL, it reduces the risk of deep dd. If we talk about money management then your risk should not be more than reward, it should be either 1:1 or more and winning percentage should be more than 50%, if your winning percentage is less than 50% then risk to reward ration should be accordingly.
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Anybody here still trading on poloniex? I have some old token that is gaining price right now and I would like to sell them in early because I'm sure sooner the price will drop.
Does anybody still use Poloniex?
I have traded with Poloniex last year and did not find any issue with them, there is no issue with deposit and withdrawal of funds, trading is also good in it.Although I have not used this exchange recently but I did not hear anything wrong or "not safe" like thing with Poloniex , if you still have doubt I would suggest you to search for its reviews over internet. Poloniex is one of the good crypto exchanges I have traded with so far. |
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I have a lot of questions about the cryptocurrency market.What is the role of so many cryptocurrencies?I feel that there is no other use besides hype.
Every new ICO comes with an idea and launch its cryptocurrency inorder that token to be used to access their services. Its a fact that most of the new ICOs are not fulfilling their promises and their tokens are of no use in real life scenario. Its not surprising that new ICOs with new cryptocurrencies will keep on coming but the projects with solid plan will only survive. One should always study the project thoroughly before investing into it, a good project can multiply the investment many folds. Its like mining diamonds from coal minecraft. |
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In my opinion, it's not a bad time to invest now. Some coins are really very cheap now and I believe the market will recover in the near future.
I want to invest some project such as, Tezos, Cardano, NEM, Dash, Maker, NPXS, Lisk, OmiseGO, Zilliqa, Komodo, Status, Waltonchain, Elastos.
It that a good idea to do it now? Any comments are welcome
I see NPXS and HOT token as good investment opportunity. NPXS is still giving 2.16% dividend if you hold NPXS tokens in your compatible wallets, it means you earn fixed return of 2% on your investment and it will be continue till Dec 19, price increase of token will be ice on the cake. If you want to invest in an ICO then Hubrisone may be one the best choice. Current price of token is $.02 and it was $.01 in Jan19, ICO price will increase $.01 every month till its launch in May19, token price in May19 will $.05. So today's invested amount will 2.5 folds in May19 when this token will be lauched. I see this ICO as good investment opportunity. |
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You have perfectly differentiated between centralize and decentralize exchanges, other to this I would like to add, centralize exchanges are fast to operate whereas decentralize exchanges are very slow in operation.
One of the popular decentralize exchange is forkdelta which you forgot to mention. Personally I prefer centralize exchanges over decentralize due to high liquidity. Funds are equally secure in good centralize exchanges so one need not to worry.
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This is true story for most of the ICOs now a days, they keep on extending their token sales date as many ICOs are not able to reach even softcap within a given time frame.Investors are not investing in ICOs due to lots of scams, after launch on an exchange prices of most of the tokens decreases rapidly now a days even when bounty tokens are not distributed. Bounty hunters need to study project whitepaper thoroughly before joining any project, only a good project can payoff good amount.
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Market runs like this, it does not fulfill someone's expectations. Many of us think that bear trend is about to over as its running for last 1 year but we may be proved wrong, market may take another year to recover or it may take 2 years, the same time it may starting recovering in few days, noone know it. I think its time to accumulate whatever you can, wait for the right time, you will have good opportunity to sell your assets accumulated.
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at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this?
is this one way to stabilize prices?
Most of the ICO people think that bounty hunters will dump their tokens together which will lead their token price to south which is true to some extent. I think distribution in stages is one good method of token distribution. I have joined a bounty campaign which is distributing reward weekly. Good ICOs are making everything clear in the beginning and thats good, just read everything before joining any campaign you will have better idea. |
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason 1) practice and experience 2) with fear of losing or missing profits we just f*** our trades 3) patients 4) or what other reasons could be?  ?? please comment Fear and greed are the most dangerous enemies of any trader. If one can control both these factors he may have good success. Some people take trading as quick rich scheme and ultimately lose their account, taking high risk on any trade is not recommended at any stage. Patience is another key to success in trading. There may be many successful traders using different trading strategy but you will find all these 3 factors common everywhere, controlling greed and fear and having patience. Just try it you will successful one day. |
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So you have doubled the account within a month, congratulations. I think you will achieve your yearly target and I would be happy to see it. Trading is a game of patience, one mistake done and trade is gone. Most of the traders get emotional after having loss and start to fight with the market which ultimately leads to account destruction. Many traders will learn patience from your trading method.
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 This is just a normal 1month chart of Bitcoin. No indicators are being used. I’ve been trading for almost 2years now and I can say, I can now trade by just looking at the chart without using any indicators, i don’t know why I was able to do this but I think this is normal after reading a lot of books, watching youtube tutorials about trading and so many failed trades. This post is not to bragged anyone, this is meant to inspire people not to give up on trading or not to depend to anyone. If you really want to know more about trading, then you should take more effort. I didn’t learn trading overnight it took me almost 2years before I can confidently trade. Always start with a small step and in time, you can also trade without using any indicators. Everyone has his own method of trading some trading with indicators and some people are trading w/o indicators with good success rate. It depends which method suits you. Some people also trades based on levels successfully. Actually it depends upon individuals mindset, I have seen many people trading one method successfully but when others try to trade the same way it lead to losses. Trading is not bounded to some fixed rules, even some people trade successfully with market sentiments analysis, the more you practice trading more successful you will be in it. |
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Many ICOs scammed people and many projects failed making direct loss to investors this is the main reason investor are now not much interested in investing in any new ICO until it shows some signs of positively. I think market sentiments will change and time will come when there will much money coming in the market, all we need to do is to wait patiently for the right time. Cryptocurrencies should be back on track soon.
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ICO culture is not dead but not an interesting even for investors due to lot of scams happening all around. Investors are not investing much money so most of the ICOs are not able to reach hard cap and some of them even do not touch soft cap. Even if some projects have collected good money their token price is not increasing in this bear market again hurting investors. There are still some ICOs which are trying to balance the market but with very low success rate. I did not receive any reward worth selling since July2018 even from joining signature campaigns where as in late 2017 to early 2018 my earning from bounty campaigns was more than my salary.
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I hate to see bounty hunters beg for tokens, after working to promote a project.
Some people would say that bounty participants are given free tokens and so they feel they should not be treated well and perhaps not be paid.
Even if you do not invest your money directly into a project, you have indirectly invested money.
- The time you spend in promoting a project is much more precious than money, because time spent or wasted cannot be regained, while money can still be regained even if wasted.
- You have spent your energy and effort. As a matter of fact, there are people that sleep so late at night, just because they are trying to promote a project. Except you feel you are not honest enough.
- The electricity used, internet facilities used and other amenities used are paid for. For instance, in my country, there is no free internet facility and i spend so much on browsing data.
All of these if looked into sometimes and the cost implication made, might be much more than the money anyone might have invested directly into a project.
Therefore, you are not to beg for tokens, you are also like any other investor, who has invested his/her money.
If your services are not needed as bounty hunters, there would not have been any token allocated for that.
The right word is claim and not beg.
Why to beg, bounty reward is bounty hunter's right and he should fight for it.You rightly said time spent cannot be taken back, bounty hunters like me are spending lot of time out their busy schedule to promote ICOs through bounty campaign, if someone thinks hunters are not doing anything then he is mistaken, sparing time by bounty hunters with all their own resources used definitely should be seen an investment. |
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