Bitcoin Forum
July 15, 2024, 10:03:19 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22] 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 ... 84 »
421  Economy / Trading Discussion / Re: Crypto trading tips based on years of experience --- by Raja on: May 11, 2019, 02:14:16 AM
Most of you are probably gonna learn the hard way, like I did, by making a lot of mistakes, but maybe keeping in mind a few tips can help you reduce the learning time of stupid mistakes:

1. Your goal is to earn BTC, not the tether/fiat. Trade BTC/Alt pairs, not USDT pairs.

2. Do not buy something that has been multiplied by 2 or 3 recently.

3. Paid trading tips, pump n' dump groups, Twitter, or other sorts of paid groups are not going to give you the right suggestions, in fact, their main goal is to squeeze some money out from you! Use Twitter and other such platforms only for remaining updated, not for decision-making.

4. Always remain at least 40% in bitcoin, there're a lot of times when bitcoin makes a crazy move and alts get a heck of damage.

5. Never fall in love with someone coin only, otherwise, this love will damage you in the end as much as real-life love.

6. A time comes when you feel like all other alts are getting pumped up except for yours, in that case, just hodl. It'd be too late to jump onto some other alt.

7. If you're buying something that's about to get hard-forked leaving two coins (out of one) in hope of a pump, don't forget to dump it like 2-3 days earlier. It's a trend now, a pre-fork dump.

8. If something is obvious, it's obviously wrong. -Joe Granville

9. Good things come to those who wait. -Al-Quran

10. Never FOMO/panic. Never think "if I hadn't sold it, I'd have been sitting on a million". Never cry over the past, only learn from it and don't repeat the same mistake.

11. In crypto, the good thing is, you can always make a good comeback by being wise, even if you're left with 10% money you initially invested.

12. If you think no one's more unlucky than you, then watch some Youtube videos of victims of Bitconnect.

13. Wait for quality trades (good chances), don't just rush up to trade your bitcoin or dollars again after every successful profit. Decrease quantity of trades and increase the quality of trades. Don't trade while you're exhausted (or too much happy on previous trade).

14. If you think you missed the chance by not buying something, don't be blue, try to find some other opportunity. There're always some golden opportunities available in crypto.

15. Trade in levels. Buying and selling, both, do it in levels. This reduces the risk greatly.

16. Try to "bitcoin cost average", if you buy something at 0.02 BTC price, and it goes down to 0.015 BTC, then buy more of it at 0.015 BTC so that you can get into profit faster once it recovers.

17. Make one fully-researched decision without FOMO'ing out, and once you make it, stick to it. Finding absolute bottom to buy in at or absolute top to sell on at is pretty much impossible.

18. Very good and interesting analysis by @cy_stats on Twitter of altseason: https://pbs.twimg.com/media/DZstNL-XkAAKFZN.jpg

19. Always keep in mind the following pattern of BTC & Alts, as seen in past years:

*1) If bitcoin goes up heavily, all alts suffer.
*2) If bitcoin goes down heavily, all alts suffer.
*3) If bitcoin goes up slowly, only low volume alts suffer.
*4) If bitcoin goes down slowly, only volume alts suffer.
*5) If bitcoin stays sideways, every kind of alt grows.
*6) If bitcoin stays sideways for a few weeks (4+), all alts grow and low-volume alts go "absolutely" crazy.

20. Do not use leverage unless you're really experienced.

21. I personally do not include the coins I've in exchanges in my portfolio. Remember, as long as you've your coins in the exchanges, they do not belong to you. They belong to the exchange and you should always remain ready for a hack/loss of those funds. If you're not trading something, it's way better to take it off the exchanges.

22. If you're planning to have a big position in one of the coins, make sure to thoroughly investigate what's going behind the scenes (by joining its Discord or Telegram), else, you might find something suspicious later on which will be very annoying (and might result in a good loss).

23. Book your profits, don't be the one just "hodling" around. Hodling, in my opinion, works out when you're planning to buy something and then leaving it for a few years. If you're trading, it's not an option for you. Don't just sit back and look at your coins getting pumped up, remember, until and unless you take some profit off of them, that pump is actually useless for you.

24. Buying an altcoin that just entered a high-volume trading platform is simply a big gamble. If you're really planning to buy something which you think has dumped enough after a huge pump AND after getting listed at a high-volume trading platform, you better be ready for something awful. It's a pure gamble, by the next day, it can either get a huge dump or an awesome pump. I'd rather play a roll on FortuneJack instead of going for a trade like this ever again.

25. Before you buy something new, don't forget to have a look at its total supply & circulating supply. Moreover, make sure that there's not going to be an extreme addition soon into its circulating supply; like unlocking of founders reward or private investor coins can devalue your coin/token too much.

26. FOMO buying while the trend is overall downwards is stupidity. Place a buy order at around 3-6% less than the current price, there's a huge probability that it'll get filled.

27. Keep your portfolio as much diversified as you can. Don't just go "all in" in anything!

28. Want some charting skills? Don't forget to read this free guide: The Complete Beginners Guide to Crypto Currency Trading by @BigCheds

29. Never blindly follow anyone. Even if you join any paid trading group, make sure that you DYOR before jumping into any trade.



If you've been in crypto trading and would like to share a tip as well, please post below.

PLUS I'M NOT RESPONSIBLE FOR YOUR LOSSES (OR PROFITS)!
all the points where useful and some points were definitely and must be followed by the traders because it will give the experience for everyone to go forward that's why we need to follow them properly.
422  Economy / Economics / Re: Crypto Scams are a global issue on: May 11, 2019, 02:12:36 AM
Now that crypto is allowing us to transact globally I am questioning if we are going  to start to see more scams happen between countries. Do we need more compliance companies to step in to help major scams and illegal trafficking?

Full report: https://ciphertrace.com/articles/q1-2019-cryptocurrency-anti-money-laundering-report/
is it make sense definitely the report being properly going on but cryptocurrencies are always sensitive in every field so making it positive or negative is being with the project of development so Crypto can make any changes that's why it is a global thing.
423  Economy / Speculation / Re: Bitcoin is going up again. on: May 10, 2019, 07:28:26 PM
it is impossible to see a pullback at this point to that magnitude without any major negative reason. the biggest thing that happened was a $40 million dollar hack that happened 2 days ago and it didn't even have a tiny negative effect on the price and despite that price continued rising and went above $5000.
so you can only imagine what kind of negative news we need that is bigger than what we already had to bring price down that much as that weird clickbait article was suggesting.
What I am noticing is 5% growth on bitcoin prices every 24 hours and it stopped only at the time of binance hack but after that it again continues which is great thing for the holders.
424  Economy / Trading Discussion / Re: How to be A Good Trader? [new] on: May 10, 2019, 06:49:30 PM
Mostly they have need to pick some good coins to trade a good outcome. Because an experience traders need to learn every trade that they do to, to become a good trader also.
Finding the profitable coin is not easy,having analytical skills might helpful to be a good trader but no one can be a perfect trader.One who always want profits may not be a good trader the one who minimize losses and finding the right trades can be the better one.
425  Economy / Gambling discussion / Re: Why do people but bigger bets in sports compared to other type of gambling? on: May 10, 2019, 05:34:40 PM
Because here chances of winning is more and also we can find cheating and match fixing on sport bets so when big amount involves we need to be careful on betting at that game.
426  Economy / Trading Discussion / Re: there is no word stopping to trade crypto. on: May 10, 2019, 05:09:46 PM
Some people here for one time profits so they will go out of the market once they made their desired profits but many of the crypto traders are not going to stop because they can find crypto trading is more easy and more profitable than compared to other trading methods.
427  Economy / Gambling discussion / Re: Dont be dumb gamblers on: May 10, 2019, 04:49:28 PM
We can find the scam gambling sites even by entering into their sites,they will have shit user interface and also fake chat rooms the comments will get repeated mostly so anyone who don't even see this on a site deserved to be scammed.
428  Economy / Economics / Re: 2019 Crypto Budget Plan on: May 10, 2019, 04:15:51 PM
Actually having a budget is good thing but based on cryptos budget plan may get ruined due to the price change so just make your budget plan in satoshi or in bitcoins.
429  Other / Off-topic / Re: Infidelity may be forgiven or not? on: May 10, 2019, 03:56:08 PM
Infidelity is unforgivable especially if you are married and have vowed in the eyes of the law to be with someone. It is also destroy a marriage or relationship.
Can you forgive them and give them another chance . Because of the welfare of your children if you already have and you do not want to destroy your family. Or you want to separate because you're hurt..
In many countries it is allowed but some countries have high punishment for this guilty.Maybe you can forgive if you love the person but don't deserved to be relationship anymore.
430  Economy / Lending / Re: Bitcoin loan on: May 10, 2019, 02:15:02 PM
I understand what you mean but Im a have a online store and I have proof for my request I don't say just give this money just like that
If you have a shop you can ask loan from banks but in online forum it can't be an collateral to get loan.
431  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to choose Kucoin ??? on: May 10, 2019, 02:05:22 PM
As Binance failed to prove it is safest exchange also there is less features compare to Kucoin . Kucoin gives revenue sharing for KCS token in exchange more over its also having IEO and other option compare to Binance Kucoin giving more option . What you guys think about binance alternative??
For now there is nothing compromise with the binance exchange they will come better with their security features.

Kucoin is also one of the good exchange but I don't think it will be an alternative to binance at the moment.
432  Other / Off-topic / Re: exploring the dark web on: May 10, 2019, 07:03:46 AM
I know about the darnket usage but didn't access it many times because it has pros and cons nd the one who don't know how to handle darknet might get scammed or even others can steal your information.
433  Economy / Economics / Re: Banks against the crypto on: May 10, 2019, 04:13:46 AM
Banks are against crypto because they see crypto as a major disruptive agent to their existence. Banks are centralized and intends to gain total control and power over the financial transactions of the people whereas crypto do the contrary by given back the power to the people to own control over their own transactions.
If crypto payments were adopted all over the world then the service from the banks will no longer needed so they are not going to support the cryptos existence and also governments won't like it because banks are the one making economy of a government if there are no banks then that country might suffer for the funds.
434  Other / Politics & Society / Re: Crypto-friendliest country in the world? on: May 10, 2019, 03:33:59 AM
1. Estonia
2. Lithunia
3. Latvia
4. Switzerland
5. Japan
6. South Korea
7. Malta
8. Singapore
9. Germany
10. Philippines

That's currently the list on my mind, obviously not in particular order though. And I'm sure those countries are far more advance that others because they know that significant effect of being a friendly crypto nation.

Why those countries in that list? When you say friendly, do you mean the country government is open to implement crypto based companies or because the population is involved in crypto?
Those countries on the list are doing something to adopt crypto currency payment system and also supporting crypto exchanges with regulations so they also can get benefits from it.
435  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you ready to invest now? on: May 10, 2019, 03:03:56 AM
The altcoin or bitcoin marketplace has accrued representing absolutely a continued age, which is round 2 months. Instantly I look the marketplace is not active or close in position. I select to wait. I am confident the marketplace desire move ahead consume anew. So I desire wait representing instantly.
In the recent days the market continue to raise do you still have the mindset of waiting for the right time?

Better to dive in now and hold some altcoins or bitcoin before it is getting too late,already $6000 was broken few hours back now road to $7K.
436  Alternate cryptocurrencies / Speculation (Altcoins) / Re: how do you see the market? on: May 10, 2019, 01:54:30 AM
hy mate

I want to confirm if this is really the coming back of Ethereum, for the past several months it wasn't easy but now I can see that the market is gradually changing from the bearish market to the bullish market. presently Eth is $223.84.
due to my past experience once it get's to $700 i will sell to regain my lost which i have lost all this while, do you think i should do so or hold on since is coming back gradually.

what do you think?

in this time the Bull market is definitely start for some investment because we all see the changes in this market to be suddenly growing up without your fall so I think this is the time of bull run to be get started with huge take off.
437  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency will survive on: May 10, 2019, 01:36:18 AM
Why we are thinking cryptocurrency will not happen and available for the future this thought will definitely need to be changed in the mind set then only the development is happening and stable currency will happen in their economy like a previous currency that we are using.
438  Alternate cryptocurrencies / Speculation (Altcoins) / Re: does the bull market has started ?? on: May 10, 2019, 01:26:02 AM
Prices since last year:

$RVN: +387%
$ENJ: +382%
$BNB: +303%
$HOT: +188%
$BAT: +173%
$LTC: +157%
$IOST: +122%
$ONT: +111%
$BCH: +87%
$ADA: +82%
$NANO: +81%
$LINK: +72%
$VET: +71%
$ICX: +57%
$BTC:  +37%
$NEO: +36%
$TRX: +32%
$ETH: +24%

these are very generous return for a bear market
yes it is absolutely right the percentage of increment will be more higher than the previous month so this is the thing that we expected from the cryptocurrency market and it is happening now so it is definitely good chance for the Bull run to be stay long time.
439  Economy / Trading Discussion / Re: How to Think Profitably - a Trader’s Mindset on: May 10, 2019, 01:13:30 AM
First we need to drink profitably then the the success will be going with good and positive direction and profitable traders are came along with the development of Bitcoin in a long period of time so the experience will make a person into a profitable person in trading
440  Alternate cryptocurrencies / Altcoin Discussion / Re: Mistakes hodlers make on: May 10, 2019, 01:03:09 AM
Mostly in sometimes cryptocurrency filled the mistakes of the matter of changing your life in sometimes selling in bad time makes the profit to be reduced and the future of yourself was totally nothing so a single differential make everything to be zero that's why I don't panic in any type of situation the problem with easily solved if you are a folder don't worry about the sudden changes.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22] 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 ... 84 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!