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Recently there is only binance. There is no other crypto exchange even close to it.
Binance:
fastest - sharp interface. Orders are on market instantly
Best support - telegrams in close to 30 languages with instant replay from admin
best secured - it even have special system to lock suspicious trades that in last year save custommers coins twice.
higher volume (lower spread)- and its real volume. On other exchanges like Lbank Ubex, Bitforex 90% of trades are fake.
Low fees - 0.075% with bnb.
All other exchanges has looong way to binance. Especialy Tradesatishi with trading volume equal to 0 on 50% coins and spread 1%- 10% on tradable coins and with no reputation.
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Why so many people are excited about Bakkt?It's a centralized project that will create "bitcoin tokens" backed by bitcoins.It's kinda similar to Tether,but with bitcoins,instead of US dollars.Such projects are doomed to fail.
My guess for a big bull run is the end of 2019 or maybe 2020,after the halving.
In my opinion we will have in 2019 begining of bull run and pick in 2020 after halving. Than another dump. Halwing will be good for whales to dump coins on fomo demand. |
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I bumped into the news of Huobi listing four USD backed stable coins [Paxos Standard (PAX), TrueUSD (TUSD), USDCoin (USDC), and Gemini Dollar (GUSD)] and obviously as I expected, USDT was not among them. We all know how the whole thing with tether has been going for a while now, with shady stuffs going on, the team refusing to get audited and of course, less trust and more concerns revolving round this stable coin in the crypto space and you really do not want to be hedging with this, if you still are. This post is actually just meant to be a quick awakening, if you are still holding Tether, you really want to dump it before you regret not doing so. There are now better, reliable and trusted USD backed stable coins, and for the fact that exchanges do not want to list it and for the exchanges where it is listed, i am certain pretty soon, the idea of delisting will come to mind, you really want to be cautious at this stage. ...
Also on Oct. 15, blockchain trust company Paxos announced it had issued about $50 million worth of its stablecoin Paxos Standard Token. The Ethereum (ETH) blockchain-based stablecoin has received regulatory approval from the New York State Department of Financial Services (NYDFS) on September 10, together with another stablecoin Gemini Dollar that was launched by Winklevoss brothers.
Yesterday, U.S.-based cryptocurrency payment processor BitPay also launched stablecoin support, enabling merchants to receive settlements in Gemini Dollar and Circle USD Coin (USDC).
To be forewarned is to be forearmed. It might be only fud but if it appear to be big scam you will blame yourself that you knew beafore and didnt do anything. So if any of guys reading this. Drop USDT untill its not too late. Grab any other stable coin. Currently even BTC is stable at 6300  and it might appear more stable than USDT... |
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Hodling is the riskiest strategy. There is no quarantee that your coin will recover.
Hodlers of those coins was also sure that their coins will recover someday (those are top 10 coins from december 2013)
Omni -90%
Peercoin -80%
Namecoin - 75%
Quark -95%
Bitshares -~100%
Wordcoin -~100% That's not an argument against holding / long term investing though. That's an argument against trash altcoins. It is easily possible that someone could have day traded any of the coins you listed (or indeed any coin at all) and also lost 80% or more. If you pick a coin that has a working product and real world use (such as bitcoin or the tiny handful of altcoins that fulfil this criteria), then holding long term is a completely viable strategy. Those were coins from top 10 marketcap im 2013. They were like eth now and its hodlers are still waiting for recover. Name 10 altcoins with working produkt.ETH? Code full of Bugs, unscalable and with eos, stelllar, waves, nem, tron, neo (and mayby 50 more) doing the same. Even if there are few uniqe coins with working produkt there is no guarantee that they wont become next Yahoo, myspace (google was created seconda but was better same as facebook) and their marketcap is like they already hitted mass adoption. |
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More and more big company use blockchain technology to increase their product and service. Mass adoption of blockchain and crypto just began and in the futures this technology will give more benefits to the more people and will change the world to be much better in financial and others industry.
Is this anyhow related to topic? Back to OP I think that whales willing to invest big money into market without risk of storing coins may invest via contracts or soonly via ETFs. It will be only next option for whales but i dont thing that it will boost price. Maybe when we will be in bullrun this news will make extra fomo and boost few thousends more into next bubble but in my opinion it wont start next bullrun. |
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For investors (long term traders) trading fees are unnoticable. They are noticable for daytraders/ short term traders. But for them there are thing that are dozen times more important (like liquidity, spread, trust, interface, sharpness (time from creating order to beeing it anable to fulfill by other trader - simply if i create order and its on market 10 s after, then i cancell it and i have money 20 seconds after - its not for daytrader) I have 1 feature of good trading platform. Its name has to be Binance. That the best option for regular trading. Its sharp, without fake trades, has great interface, its secured the most. Binance help even users with hacked API kays. It also has highest volume (lowest spread). I've used at liest 10 exchanges (just to utilize shitcoins that i had for free). Noone was even close to binance. Now abount exchanges that i used or i have something interresting to say Lbank is scam exchange. Its realy hard to find real trade there. Most of their trades are fake just to boost trading volume on coinmarketcap. I also dont like their withdrawal policy. They had 200$ withdrawal fee for withdrawing USDT. 200$. Trade commision dasnt look important now? Huobi is not sharp enought. 20 secons - Thats how much time it needs for simple operation like this: 1- creating order 2- beeing able to cancel it 3- having money unlocked for another order For binance its like as fast as you can click. For daytrading it might not be enought. Also its interface is no as good as binance is. Bithumb Interface is soo bad. I didnt tried it because I dont trust it due to very high differences in prices between other exchanges. If noone is arbitraging it something must stink. And im talking abount alt/btc. Bitfinex is no longer top 10. Its top 16 ATM due to lots of fud related with theter. In my opinion it might be next mtgox Bit-z - fake trades - just like Lbank |
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Some of users here are on 90% loss and would do a lot to be in your position. I find daytrading the one and only strategy for current market situation (even if last week looks very green alt/btc ). Hodling is the riskiest strategy. There is no quarantee that your coin will recover. https://bitcointalk.org/index.php?topic=4456137.msg39881422#msg39881422There is topic about risks in holding and trading strategy. Hodlers of those coins was also sure that their coins will recover someday (those are top 10 coins from december 2013) Omni -90% Peercoin -80% Namecoin - 75% Quark -95% Bitshares -~100% Wordcoin -~100% And they are on ~80% loss on market that growed 20 times. |
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No scam legit
payment is only on bitcoin (BTC)
Scammer said that he is not scammer. Should we trust? 1000% in one day? Put 10$ and after 5 days you will have 1 mil$ and you still need investor? You dont have even those 10$? You can start with 1$ and have those 1 mil after 6 days.
invest with
$1000 to get $11,000 in 24hrs
$2000 to get $22,000 in 24hrs
$3000 to get $33,000 in 48hrs
Why from $2000 to $22,000 in 24h and $3000 to $33,000 in 48hrs. Thats the same % of gain. |
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1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing
If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages
These are just dungers hidden inside hodlers. There manny more risks outside of trader ... inside of market or project that hodler invest in. You can master those 6 poits and still loosing because hodling is the riskiest strategy. https://bitcointalk.org/index.php?topic=4456137.msg39881422#msg39881422Here you can find comparison between hodling and trading strategy. Hodler strategy risk:
Hodler is buying coins by fundamental (whitepaper, team, code, hype, being unique in specific segment) analysis for very long period. Hodling is a strategy very often sugested for newbies in cryptos (when you are newbie than buy good coins and sell on profit after years - I heard it thousands time). What can possibly go wrong?
1- whitepaper is just a document with words. It can be copierd and change a little. Faked. I can create myown whitepaper in which ill write that tommorow ill be on mt everest.
2-team can be faked with fake twitter account with bought fallowers
3- code - who of us can check if code is ok? How many of currencies have working code now? Most of them are just concept without working product jet.
4- hype can be bought.
5- beeing uniqe dasnt give you certainty of beeing uniqe forever. 1 month after your investment there can be new ICO with better team, bought hype and with working product delivered faster.
6- you are newbie and you did fundamential analys wrong or didnt do at all just jump after hype or because someone said that its great investment
7- there are 1600 coins. More than 1400 wont survive next few years because they are not neseesary. Your decision must be precised and full of luck
What if any of above will happend? Your investment will contiously goes to 0. And if you are hodler you will never sell until there will be nothing to sell. When you are buying with hodler strategy you are risking 100% of your investment. I dont think there is more risky way.
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Earning on pump and dump grups is like trying to earn in casino. Its not even high risk high reward. Its high risk, low reward. When signal hits telegram coin is instanlty pumped by bots and you, with human reaction - creating order in 3 sec will buy on +100% and sell at +110% (5% profit) and win or buy at +100% and miss opportunity and sell at +10% loosing amost 50% of your investment. Its alwais gambling. I've tried at liest 10 pumps. Jumping into first wave, secod wave, trading on higher volatility and manny more and finally stopped with conclusion that it is possible to earn but 1 lost trade will eat 10 win trades makes it all gamble.
One pump that i've took part in was stopped by 50 btc sell order at +50% and than dumped by users to -30% from inition price. These is example of trade that eats earnings from 10 win trades.
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I would stay out of USDT now. http://www.untether.space/There you can check risk premium for trading theater. Its increasing every day. It means that slowly trader by trader is leaving it to trade with usd. Holding usdt makes you loose 2% this month according to USD. This might accelerate. |
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a market maker is what offers liquidity to the exchange by trading the spread making bids and offers at the same time and collecting the premium this means theres less slippage for the traders to get in and out of positions join our discord here for FREE trade signals from the best groups in crypto space >>>> https://discord.gg/7EgTDq1st month is FREE for you to test the service and make profits enjoy Agreed. To start you dont need a lot of money but it becomes more risky with higher capital because higher spreads are on low volume coins. If you place bet and offer and someone will dump into you his coins you might have problem to sell them to someone else without dumping price lower. So i would try this with low bet. |
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I don't think that there are a particular better altcoin to trade. For me I would trade altcoins with low maximum supply because I believe it has a higher volatility. And as the first responder said, bitcoin growth controls the market.
Volume and marketcap are 2 factors that are resposible for higher volatility. Not maximum supply. To OP. I would oonly daytrade on high volume coins. Those are easier to predict. Low volume/ Low marketcap coins are to susceptible to manipulations. Its so easy to pump 30% or dump 30% coin with daily volume close to 10 btc. You can try do it by yourown (i bet 1-2 btc is enought) but playing in whales game is extremaly risky because if you wont create fomo you will have to sell on big loss. |
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3000 is too low prediction for me but i agree that 6000 might not hold. Perhaps after breaking 5500-6000 support big whale will appear and use those extra supply from panic selling to buy it and start new bull run. That happends. It may also find another support lower but in my opinion closer to 4.5k range.
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Problem with that is that TA lovers alwais like to paint something. Find magic pattern, similatiry. Truth is that chart is only describing past. Its like driving car looking only on back mirror.
1- there is difference between pump from 10$ to 1000$ and from 1000$ to 100 000$ - there needs to be pumped sooo much money. To pump to 1000$ BTC need only street invsotrs. To pump to 10 000$ it needs big whales. To pump to 100 000$ it will need institution investors. To pump to 1 000 000$ it will need countries to store they reseve.
2- if in 2019-2020 we will have global crysis (manny economist agree that it is highly possible) than you can farget about big pumps. There will be lack of trust to invest even in low risk assets. High risk assets will be first to be sold.
Thats why chart, similarity and patters does not work.
Remeber Rotshilds has 50-500 trilion $. They can buy 5000 BTC (not 5 000 coins !. 5 000 time whole BTC with current price of 1 btc). Think about that and than go and look at chart few year ago and predict future... Alwais look at chart and think ... what will whale do. What would i do if i was a whale. Where is the easiest way to earn big money.
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There is no universal strategy. Market is different every day. If we are first day in bear market each dump will be instantly eaten (at liest in 60% before dumping further) by traders buying deep because it is consider as promotion. After few days in bear market each dump will stay there because averege investor is to scared to jump in and each dump is consider not as promotion (sale) but as confirmation that we will never come back. Thats just a sily explenation why there is no universal strategy for daytrading.
Market is different in bear market, in bull market, in stagnation, in first day of bear market, in fifth day in bear market, after 5% dump, after 50% dump, or when new whale just come to trade here, or when new whale just came here to invest long term.
Go to binance and trade as much as possible. Chose min bet (~6$) and trade. Do lots of mistakes. Learn from each. -10% on 6 $ bet is 60 cents. And what you learned from it is priceless.
After few days you will say : i've lost 10$ but learned this and this and this
after few weeks you will say : i've earned 20$ but ive learned this and this and this
after few months you will increase bet and say ; I've earned 2000$ and still learned this and this
And dont pay too much attention to those TA indicators. Its more important to observe what happends after TA buy signal than blindly fallowing TA indicator. When TA gives buy signal and there is no bounce or bounce is instantly eatem it means that whale is exiting and used this extra demand to exit. Its not the best moment to buy. (same with sell signals)
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Trading is an art and you need to learn from someone who is master in it. I would recommend you to join any trade academy or trading school where they teach you both the basics and advance concepts of Technical and Fundamental analysis. You can also join the online courses available on Udemy which are trending right now these days and many good trainers and traders are also available on that website who can train you well on technical analysis department. You will also need to give efforts from your side.
If they know how to earn on market they would earn on market not on lessons. I would avoid "masters" lessons for money. To become succesfull trader you need experience. Thats all. Spend few hours on TA indicators and start trading. Go to binance and trade as much as possible. Chose min bet (~6$) and trade. Do lots of mistakes. Learn from each. -10% on 6 $ bet is 60 cents. And what you learned from it is priceless. After few days you will say : i've lost 10$ but learned this and this and this after few weeks you will say : i've earned 20$ but ive learned this and this and this after few months you will increase bet and say ; I've earned 2000$ and still learned this and this And dont pay too much attention to those TA indicators. Its more important to observe what happends after TA buy signal than blindly fallowing TA indicator. When TA gives buy signal and there is no bounce or bounce is instantly eatem it means that whale is exiting and used this extra demand to exit. Its not the best moment to buy. (same with sell signals) |
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If you have EQUAL go and trade it...its bullish now.
If you have any project that is good to trade now you can post it below the comment section thank you.
All market looks bullish in short term. If you are trading i would suggest to stick to high volume coins. Those low volume are to easy to manipulate (-50% in 1h because someone was dumping coins bought in ico half year ago). If you have good daytrading skill it dosnt matter what coin choose. It only matter if it has high volume. |
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