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my trading strategy, is first you must make sure, what kind of trader are you ? scalper, holder ?
for scalper, make sure you have a save about 30% limit margin, no matter how much capital you have, you need to save 30% of them.
so 70% of capital for trading, 5% for cutloss margin, so when you bought a coin, and its dump 5% or more cutloss, but if its continuously, you make a wrong decision.
dont try to FOMO, always analyze and find a good news about the coin, it will be a additional value.
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the common challenges till right now is hacking problems in the exchanger i think, almost every year i see there are a news about that which is make some holders doubt to invest at certain exchanger.
this one should be fixed soon. However, it concerns the balance of the customers and the credibility
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I ever feel that condition too, that's why in the scope of trading, the faster who enter the market is the winner, because they are the ones who get the lowest price first.
FOMO, impatient and other factor factors also often make us forced to invest even when the peak price is another problem.
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somehow economists think that bitcoin is one of the big mistakes in the financial system, whereas as we know that bitcoin does indeed bring about a number of changes, not just developments in the economic field, but more prominently in terms of this technology
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learning and guidance to a pro trader may still be possible but using a bot is not a solution at all, profit is not something that can be gained in days, especially if you're a newbie, does the reference on the internet very much not help at all ?
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most of bitcoin rise, didnt last long enough, correction time will always come and that's how market's works.
but that was also one of the factor that can make bitcoin keep soaring high. new people's interest was needed to make bitcoin price on top
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I'm just trying to understand the mentality.
we should know that the price of all coins on this crypto is very volatile and that very often can put some people down, even with some good analytical possibilities but that does not mean it will happen, most likely they just anticipate the undesired things |
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I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?
I think just by looking at the summaries of coinmarketcap and also the calin coin (if any) we have seen the potential, the volume and the early market also play an important role whether the future crypto will be stable or will be worse |
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i don't really think banks and government are actually that scared of bitcoin that OP thinks or some topics around here wants you to believe it that way. in fact i think they are very excited about bitcoin, specially banks since as bitcoin grows and more people invest in it the banks earn a lot more money from the transactions to and from banks to and from exchanges. and also nothing is stopping them in the near future from offering bitcoin related services like bitcoin credit/debit cards! or bitcoin loans,...
thay are watching carefully on bitcoin because, there is no rule within bitcoin which more people will like that and also no bank interest. bitcoin made for decentralized and open for everyone, but the most worst is if someone lose their money, no one can be blamed. i think that was the only reason why bank dare against bitcoin. but, future will change human perspective, let see who will win, bank or cryptocurrencies. |
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It doesn't say bitcoin actually. It says crypto trades. That means we can pretty much see all good altcoins to reach very high amount of worldwide investors in safe way. Prices would jump like crazy if it happens.
I think it's even better news, but there's the word "maybe" which means certainty of this will happen or not still not valid yet. if supposing that is the case, the possibility of ATH will only occur in late september. still monitor nasdaq will launch ICO or not  |
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I hear the word bots everywhere. So I thought I would ask if one can find some open source or free bots for trading on cryptocurrency exchanges. BTW, are they even allowed or they are just tolerated?
i really not recommend the bot to use for trading, some exchange even prohibited it. so if you caught of using bots, your account will be frozen or banned why using bots ? i technically didn't know how bot works, but in my mind is about its use for mass scale we know that trader right now so huge, we can see it by the daily volume of trading. ann don't you ever think if all of them using bots at once ? how about the queue of BO/SO each of them if they used it at once ? |
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I HODL short term, whenever the price pumps more than 20% from where I have bought it I sell, and then buy back during dips... at first I am afraid of missing out but eventually I have mastered the art of patience. DIP will always happen, there are money makers who move the market frequently, you just have to ride on the waves.
but i think it's just too risk if we don't how to decide the dip position at all, the worst is when we already think its the dip but the price keep bloodbath and finally we need to wait it till recover. something that it will happen short time just become a long term HOLD i think HOLD bitcoin is just the best way and of course till the price that we think it worth to sell and after we sell it, no more regret when price going up |
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Unfortunately, before i know bitcoin i knew those word, MLM, MMM, PTC and other various way how to earn real money from internet. And also become the reseller and dropshipper from online shop.
But the beginning is, when my friend introduce me about earn money from mining, dice and faucet website. And after learn from website and this forum, i realize bitcoin is exactly different from ponzi scheme product. this thing is stand alone with blockchain system which is a new term to me.
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I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?
whitepaper, team, and roadmap is the most important thing to watch for a cryptocurrency, this term will bring how those project will gain its success. because, most of the cryptocurrency right now is only build for a momentary thing and without a goal for future. so they just used what trending right now to gain an interest |
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Hi OP that was a nice list. Parttime trading is another good source of income. Specially if you know what you are doing and the market is in the bull run.
i think its not a quite easy for being a part time trader. those people who want to be part-time trader should be an expert in chart analysis because a new trader can't hold themselves to not see the market everytime. and also, part-time trader is usually most of their asset are just for long-term investment. |
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You will hate yourself more then anything in this world if bitcoin sky rockets and you have empty wallet. It Recalls me a story of grandfather who saved few bitcoins for his grand daughter b.day present when it was only $700 to 800 and after just little time it turned to be $1400 when this story comes. I wish I had a grand father like this there's some people know bitcoin earlier or even knew it when it born. but they dont know how to get it in a right way ? and some other know how to get these. bitcoin is a good asset for a future, if bitcoin still can survive, im sure there's still a chance that i will give my btc to my son. hope those dream come true. because today, real work is hard to find even if you are already graduated as bachelor. |
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You used to be able to do this, but it's not something which is present at the moment. Arbitrage has been taken over by bots, tons and tons of them who are verified on every site (both here and abroad) and who can capitalize on opportunities in milliseconds -- instead of people which is, of course, going to take a long time to figure out and is going to end up making you lose every single time against the bots.
So, it's not REALLY possible anymore.
telegram still provide some bots that display the differents price between market today. but maybe its only for a few famous coin like btc/eth and others. this one can be used as the different between market but still, its highly risk at all. |
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Well to be honest I always had this you Know idea of minning in public where the electricity is free so what I did was I searched and found a super interesting discussion about minning in public. So there was this guy on Reddit with his theory about how you can use ur lappy and just sit there and plug in and start the mining that too by just ordering a coffee in Starbucks or the cheapest burger or pizza somewhere else. Was totally funny and made my day. Make sure to read ! Well to be honest I don't think we should let the employees from major chains like Starbucks and dominoes read 😂 they will probably kick us out before we enter . https://www.google.co.in/amp/s/amp.reddit.com/r/BitcoinMining/comments/2yywnc/cant_you_mine_in_public_places_where_electricity/honestly, mining with laptop is no more worth at all, this kind of thing like you actually destroy your own laptop just for a bucks of dollars. day by day, the diff has increase so it will need last upgraded hardware to make it worth. mining is not about electricity only, think the side effect to your device when you did it |
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And one thing important in the green days like this is, bitcoin is very vulnerable with a FUD or Bad news for bitcoin. i.e China or a country banned a crypto/bitcoin and some other else. im sure these green market will going up or at least keep stable within this range as long the FUD or bad news not appear in this condition, and if the FUD coming, so its the time to HOLD |
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There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.
What are your views on it?
Industry experts are know about Bitcoin. In our world everything is politics so you don't trust me some other point of view. I think Bitcoin is one of the potential decentralised cryptocurrency. So it doesn't fail future. But it will fall or fluctuation whatever happens. Because we don't predict the Bitcoin. In currently it will raise continuously so I like it very much. But in future will raise slowly not suddenly increasing 2k US dollar in market. I think failure is still gonna be happen eve for a something that make us need to stay connected for internet. and this is the only crucial thing. for this moment, we must to keep stay online for bitcoin that we need. just imagine, what will happen if internet got shutdown. all disaster that created by us (politics, issue, news, FUD) i think it all can be handled by bitcoin. |
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