Latest posts of: Aion2n

Begin to study all the information necessary for trade: a general idea of the market, technical analysis, fundamental analysis, candlestick analysis, constantly look through the news to be aware of what is happening on the crypto market.

As you gain knowledge, you will realize that it's time to start practicing. Start trading on small amounts, for example 5-20 $, this will help you understand at what level you are. If you see that everything works out, you can increase the amount to buy. If you have something that doesn't work out, don't worry, it just means that you still need to continue your education.

The main thing is to get and accumulate knowledge and experience. Don't use any advice on buying "super coins" from signals groups. Also don't use bots. You don't know how to use them, so it will only bring you losses.

Good luck to you!

1. Begin trading without having the necessary knowledge.
2. Invest the money that is not really ready to lose.
3. Open a deal without a purchase/sale plan.
4. Greed.
5. FOMO.
6. At the first successes they think that they have become super traders and stop learning new information.
7. Use bots.
8. Use the advice of signal groups.

In fact probably no one can say for sure which coins are best bought for maximum profit and when it is best done. We all just make assumptions and act according to them. At this time I buy the eth, as I am sure that after some time its price will definitely grow. But I have a lot of coins from the top 100, so I don't really need to buy anything else.
In addition to the eth, you can buy bitcoin, litecoin, monero, ripple and others from the top 20. Now is a good time to buy. But don't forget that prices can still go down. So be vigilant.

Good advice. I myself am committed to drawing up a plan before buying / selling. Therefore, I always recommend that everyone start with this. It is also necessary to work with your emotions, that would not succumb to FOMO. And in general, to become a successful trader, you need to be sufficiently restrained and organized (of course, these qualities are additions to education and experience).

As in my opinion, you have well described the mistakes that novices and not only them allow.
Separately, I would like to write about the most important mistakes that people make in the market are in my opinion:
1. Lack of necessary knowledge. People start to trade without knowing the necessary information. Or sometimes a little reading about crypto currencies, they think that they are sufficiently educated to make money.
2. Invest the money that they are not ready to lose. And this leads to huge problems in their lives. Unfortunately, sometimes people do suicide because of such losses.

Many newcomers think that somewhere there is a magic bot that will earn them money. And they will at this time think over where to spend this money. Many of them even don't guess that using a bot can lead them to losses. Unfortunately the basis of the crypto market is made up of people who don't want to learn independently and receive experience. Such people prefer buying bots, listening to signals from different groups or simply buying currencies on luck.
But no matter how cruel it may sound, it is thanks to such people that another part of the representatives of the crypto market (the one who is not lazy to learn and gain experience and skills) has the opportunity to earn money.

I see that on the site you can read some information that gives a general idea of crypto market and methods of trading on it. It's good.
There are also some tips on how to trade certain currencies. This is good, but it's a subjective opinion and it's best to just keep it in mind, but always make a decision based on your own knowledge and experience.
I liked that the site has an overview of some exchanges. It is a pity that there are so few reviews in it. I would like to see a lot more reviews, this could help beginners to understand a little bit about working with exchanges.
In general, a good site for general educational purposes.

Of course you need to be patient. But this advice is more suitable for those who already own all the necessary knowledge for trade. After all, if a newcomer will patiently wait for the shit coin bought by him will roll down and do nothing, then this very novice will lose the majority of the invested money.
So beginners, at first patiently master all the necessary knowledge and only then listen to the advice of the OP.

Yes, this place is not safe. There are a lot of hackers and scammers. We just can't protect ourselves from hacking exchanges, but something we can do. Each of us should be very careful and observe all security measures.
For example, install a metamask, check for a phishing site, keep your security keys and passwords inaccessible places, not allow anyone to touch your laptop, don't open any suspicious e-mails and so on.

Only strict rules and restrictions can make the price fluctuate not so much. The price fluctuation can't stop. This is the market, and he lives only due to price fluctuations, if the price stops fluctuating, then the crypto market will not be of any interest to anyone. So enjoy what is now, right now all market participants have an excellent opportunity to earn. When this market comes regulators, we all can't earn as much as now.

I don't advise you to use paid services. All the information they sell to you you can easily find through Google. You must realize that if you are serious about becoming a trader, then you yourself must learn this business. Otherwise, you initially become one of those who, without advice, can't do anything. Go this way from the beginning to the end and then you will become a truly educated trader.

Quote from: Hell-raiser on August 26, 2018, 02:44:42 PM

Some people can't comprehend simple logic and arithmetic. Statistically, you would be better off if you went for combining short-term to mid-term trading with long-term holding. It is not carved in stone that there will ever be a new historical high. For example, with Bitcoin that would mean going north of 20k, which may never happen in the foreseeable future. And what then? But if you allocate some part of your stash for short-term trading you will be able to earn something by riding volatility now and then even if there is no long-term rise, ever.

I tried to explain this simple thing many times to quite a few people over here but they seem to be too stubborn in their delusions to accept the truth. But never mind, let them sit on their hands if they choose so as it is from their losing that our profits are coming from.

In an ideal situation, in order to be a successful trader, it is necessary to combine all methods in your strategy. For me, trading is the main source of income. That's why I have long-term, medium-term and short-term positions, also I always have a fiat. So, from my experience, I will say that your proposal and the author's proposal must be combined for successful trading.

Quote from: Alijiindahaus on August 28, 2018, 10:03:50 PM

Quote from: Aion2n on August 28, 2018, 09:48:28 PM

If the project is good and promising, then the best option is to buy tokens at the ICO stage. In this case, you will get excellent tokens at a bargain price, plus bonuses. This is an excellent way to get an excellent profit.
It's another matter if it's about a project that is rather dubious. The price of these tokens is likely to fall after the listing. But here the question is whether such tokens in general are necessary?

to date, almost the majority of ico companies are very modest and prices after the listing are still falling.

Therefore, the conclusion suggests itself. Now is not the best time to participate in the ICO. That is why good projects postpone the date of ICO or don't rush to announce the date.
But your statement doesn't help the author to solve the posed question. So give your recommendation.

If the choice is only from these two options, then everything depends on the situation on the market. If we consider the current situation, it is best to buy bitcoin. Because now is not the ICO time. Many projects transfer their sales or blocked unlock already purchased tokens. When market participants are confused, this is the right decision.
And if, for example, we consider the situation when everything is stable well, then the ICO brings in earnings.
So always evaluate the overall situation on the market, this will help you make the right decision.

Crypto currency Loom is a digital token created on top of the Ethereum blockchain network Loom Network. The developers of this network decided to fix the vital problems of Ether, and improved the characteristics responsible for network scaling. In its essence, Loom Network will provide users with functionality similar to Ethereum, but there will be a number of features. If the number of projects created on the Ethereum blockchain grows, we will undoubtedly see its problems with speed. In this case, the society will need a platform that will accept all the developers, and will not allow the problems that have happened. This platform may be - Loom Network. So now it's hard to say something concrete, for today this project is not very noticeable.

The Metaverse ETP platform, like the NEO platform, is trying to replace the Ethereum for its part of the content, and you can rest assured that they will get it. But who will occupy this niche NEO, Metaverse ETP or some other project, is not yet known. Based on the patriotism of the Chinese to their own developments, the Metaverse ETP platform along with its coin has great prospects.
The MOAC crypto currency is a digital platform token that seeks to create a better platform for developing decentralized applications using smart contracts. MOAC is based on a multi-blockchain architecture that provides a speed 100 times faster than the speed of the Ethereum network. The features of the MOAC platform include cross-platform, thanks to which decentralized applications based on MOAC can interact with EOS, Ethereum and Bitcoin.
These are interesting projects, it will be interesting to observe their further development. I think now it's unreasonable to make any forecasts.

Stratis is primarily a platform for creating different applications on the blockchain. Even Microsoft has become interested in these technologies, which can potentially have a positive impact on its price. In my opinion, the development team should attract its efforts and create influential marketing, which will attract a lot of users to the system. Only then can we talk about the possibility of a significant increase in the price.
Qtum is a very interesting project of decentralized applications, which is joined by Bitcoin 0.13 client, Proof of Stake (PoS) and Ethereum Virtual machine to provide smart contract services. The goal of Qtum is to create a decentralized application platform for value transfer by combining the best characteristics of the two best-known products. A whole interesting project, but I would not have hoped for 30-50X.