Latest posts of: Tytanowy Janusz

According to AT its a lowering wedge in downtrend which most often affect in breaking it down. I dont know why you assume that it will break up. Silver looked similar to that chart few years ago. Take a look.

Strong support at 27? Just like bitcoins at 6000?

Thats how it ended.

In my opinion chart looks extreamly bearlish and if any great news wont appear we will break 6000 which will result in instant drop to 4.5 - 5k. We need good news to save bitcoin from bigger correction. I dont see it to be danger for bitcoin. We can end correction now and slowly go to 100k or drop to 3k stay there for 1 year and slowly go to 500k. Longer we will stay low higher we will bounce.

I dont see a reaason to even try it. Low volume makes it extreamly susceptible for manipulation and makes it hard to sell/buy bigger amount of coins fast.

We have few sacured exchanges with milions of users thats history shows how they treat users and their coins. Why dont just use them instead of searching riskier, smaller and worst one.

Quote from: MrsBlockchain on September 05, 2018, 06:43:53 AM

Last week, the Blockchain Transparency Institute (BTI) published a report revealing that crypto exchanges around the world were faking $6 billion of its daily volume. However, they said that Bithumb was among the few crypto exchanges that were actually being accurate when reporting trading volumes. Are decentralized exchanges such as Bancor the answer to stopping this ever growing trend?

These fake trades was noticeable with the naked eye. They wasnt even trying to hide fake trades. They just appear in trade history but not in order book as taker realising makers offer. Or it was instant - maker offer and in 1 moment taker grab those coins. If you put your offer at these price they move with those fake trades above your order.

Without fake trades there is also trade mining and trading competitions on various exchanges made only to boost volume.

Does it harm us? Well in my opinion is only agressive marketing. There are houndreds of exchanges but only top 5 are beeing used cummon. Beeing new exchange and instantly in top 5 trading volume only by 1 trading scrypt is the best marketing for exchange - but not to honest. Decentralized exchanges wont avoid that. Creators will still be able to create looots of fake trades.

Hunting for stoploses and overlaveraged long positions. Corection was very agressive. With these power it will be easy to break 6k support and triger deeper move.

Its the biggest exchange with volume close to 4 bil. This is 20% of whole crypto volume on every other exchange together. I think you lost money because you didnt know what laverage is. If i was wrong you would write somethink more about that - give proof or example at liest.

Quote from: crypmike on August 26, 2018, 10:57:20 AM

Quote from: Tytanowy Janusz on August 26, 2018, 10:27:35 AM

As I said. There is no universal strategy. Market is different each 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.

You need to gain experience. Cut lossos. And take as much profit as market gives you. Dont set stiff take profit alwais 0.x %. If market is not acting like you thought (not eating dumped price pushing it up) dont stay on that trade. There is no need to w8 for price to hit stoploss. If it is not bouncing chance that is will bounce is getting lower and lower. Leave to next trade. Even if it will eventualy go up you didnt do nothing wrong. You cant be alwais right.

Wrongly invested money earn less than not invested. Dont try to catch each occasion. There will alwais be another train.

And start low. With 10$ bet or close to that. You will be wrong multiple time. There is no need to pay for learning multiple times more.

Lots of words but these things are obvious. I'm asking scalping strategies, not risk management

Lots of words that needs to be readed to be understanded. There isnt any (third time i read this). Just start and gain experience. Everyone who is sayng that there is any strategy is newbie that readed it somewhere and didnt test it. I con do it too:

Add blynger bands and rsi on 15 min chart and when price is on lower band and rsi is oversold then buy and grab 1 % profit and exit trade. Here is your strategy. Go and waste some money before you will realise that it works in 50% times so is useless like coin toss.

You created a limit order (order that immediately appear in order book) or stop-limit order (or take profit order or any other names for that) (order that dont appear in order book immediatle but it appear in order book when price hit set price)

If you create first one than your order has to be fulfilled no matter what liquidity there was. If price was above your price that this order has to be fulfilled. The only reason why your orders was not fulfilled is that whole move was exchange bug and whole pump didnt happend. Or it wasnt fullfilled by exchange bug and you should get refund.

If you create second one there is a chance that your order was not fulfilled even if price pass your sell order. Thats why:

Order are beeing processed one by one. For example someone put 100 mil sell order by market price. His order will eat all walls dumping price houndreds of dolars down. After fulfilling this order next orders will appear on market - Stoplosses and stoplimits. Stolosses will hit next price in order book (lower than whale finished) no matter if their launch price was much higher. Stolimits will show in order book at launch price which is now houndreds dolar above current price and wont be fulfilled at all. Then next current market orders will hit market. Beafore stoplosses liquidations will hit market. Thats how stoplosess atack is beeing prosseed.

Now back to your situation. If you placed stop-limit order it looked like that:
Whale pushed price up hitting shorters stoplosses. After these order beeing fulfilled stoplosses order are beeing fullfilled pushing price lowe. That hit overleveraged shorters position liquidating them pushing price up buying by market price to 7140 hitting your lauch price and higher (still processing those orders). Than after fulfiling those orders your order appear. Than perhaps someone created sell order below your order (what was highly possible while price was at 7140). More and more traders become to push price down. Thats how your order was left behind (but now it is on order book).

Quote from: Andrey123 on August 26, 2018, 08:01:45 AM

If you trade bitcoin in the Forex market, then it's useless.
There's a huge spread!

Moreover, we can predict traffic only on large time frames.
Scalping will result in a zero balance ....

You can margin trade on bitmex where is 0.5$ spread which is 0,008%.

Scalping will never result in a zero balance. You grab 0.2 % and out. If trade is not going well you cut losses at like -0.5%. How the hell make that way 0 balance? By houndreds fail trades one by one without any reflection? If you see that your strategy is eating your wallet you stop and change it or jump to complitly different one. Hodling will result in a zero balance ( https://bitcointalk.org/index.php?topic=4456137.msg39881422#msg39881422 - topic about risk in holding and trading strategy).

1- cut losses. Sometime it will make you eat your desk seeing how your coin is rebouncing after your sell but its better to see -10% each day for 2 weeks hoping for it to rebounce especcialy that you entered trade short term without deeper research for long trade (in which you are)
2- be on market for as long as you can. All indicators are useless. You need to know what average investor is thinking. If he has full pends and is acting irrational selling to low or mayby average investor is in current situation fomo guy who is willing for lambo. When you are all the time on market you see this and you know when they panic to buy and when they will come back to sell them back their hope for lambo - thats the only way to earn 0.5-3% fram each trade doing dozens trade each day. (high volatility market)
3- collect experience. Do as manny trades as you can with as low bet as you can. That way your learning will be cheapest. When you are not able earn on 5$ you also wont earn on 50 000$.
4- When you are finally earning ask yourself question why. Maybe we are currently in small bull run and even blind monkey would earn
5- dont bealive in any special indicators/ magic tacticks. If they would work they would work for everybody. Ergo they wouldnt work for anyone because its impossible on market for everyone to earn. Only experience/beeing a whale is giving you advanvege over market. Nothing else because everything else is cummon. Money managment is helping you to not waste to much.

They all dont work. To be precised they work sometimes. Just like coin toss. But if you want to try here you can find topic about formations:

https://bitcointalk.org/index.php?topic=4846473.msg43707143#msg43707143

And topic about indicators:

https://bitcointalk.org/index.php?topic=4878209.msg43955533#msg43955533

No need to create another one

1 - start doing airdrops and bounty. It will show you haw manny of new ico are here every day. How manny of them are actualy sending coins. How price looks like after ICO in current market situation. And how many of them are scams and how everything can be faked - even social media attenction - f.e. "fallow like and write positive comment on facebook for 5 coins"
2 - after 2-3 months you can start to search something interresting to invest. You will be better in spotting scams and you will know how risky it is.
3- never invest in ICO in current market situation. I've analizaed like 200 ICO in last half year (beeing in airdrop/bounty) - beeing part of this ICO - not only looking on them and reading about them. All of them dropped 40-90% in first day hitting exchange - some of them didnt hit exchange in 6 months, some of them dont exist now, some of them never existed - I have like 50 different tokens in my wallet that i cant sell anywhere (hopefully they were free for me).
4- if you found ICO that looks promissing for you buy it after first month on exchange. Never from ICO - I've never seen ICO price that was cheaper than in first day on market
5- if you still want to buy in ICO never buy in ICO where firs stage bonus is like 70%. Those buying in first stage are buying with intention to dump in first day with profit. Mostly price is dumped 90% in first day and even those guys are on loss (because to sell on profit there need to be another guy willing to buy)
6- maybe with next BTC bull run (bull run not corection in bear market like now) it will be different but not now.

Edit:
These guy below didnt help you but came here to post because YOLODICE is paying him for every post and he needs 10-20 post per week. Thats how ICOs are getting attention.

Quote from: DanTalksCrypto on August 25, 2018, 03:29:14 PM

Depth charts are illustration of order book - I agree. But once you adjust out all the walls I find it a useful indicator of when to stick in a trade and when to GTFO. They show future intensions.

Candles represent the past - I have been dar more successful using depth as an indicator than candles.

They show current intensions of makers that want to show their intention not future and also dont show even current intention of takers and those not willing to show their intention. So it shows like 20% of what is creating price and those 20% is manipulated as f... And its soo manipulated because deepth manipulation is easy, effective and FREE. There are not a lot of manipulations that are FREE. In bear market buy site is almost alwais bigger than sell what dasnt stops price. It just goes down eating those walls. You are earning out of this. Ok. Good for you. Question is if it will work in any market codition. I was like that few years ago too. Bolynger ... omg its soo easy to earn... buy sell profit... buy sell profit. After week market changed and i lost in few trades all profit. I change indicator and it was like that again and again. Now i know that all of them are useless. Rsi can be oversold for years. Bolynger can give buy singal just beafore dump trends are made to be broken in any time. When you see trend line it only show that currently we are in this trend and you fucked up months ago. It dasnt show anything else. Tommorow we can be out of it.

https://bitcointalk.org/index.php?topic=3692757.msg37796560#msg37796560

You can take a look at this discussion. This guy also say that TA works for him and he predicted 12k in july... while BTC in july was at 6.5k . TA and any other magic indicator work sometimes. Like coin toss... 50/50

Like deepth chart. It works on specyfic market condition while not beeing manipulated ~10% times.

If you are earning on this than continue. But if market will change dont blame yourself after fail trade. Dont do more and more fail trades with this strategy hoping to finally earn like you did beafore. Dont spend time on searching where was your mistake. You didnt made one. Market changed ... new whale came with his new strategy and its just not working for now. Because every indicator sometimes work sometimes not. Thats why they are useless.

Quote from: manggis97 on August 25, 2018, 08:14:39 AM

Usually when crypto on bull run many trader sell USDT to get others crypto and that times can be the price of USDT cheaper than now. I think price of USDT is the same rate in all exchanges, just the same thing like price of all crypto in all exchanges. Actually USDT has high transaction fee, and now there are others stable coin that better, that is DAI and TUSD.

Traders dont sell USDT to get other crypto. They are just simply exchanging with themselve (one guy get usdt other guy get alt/btc) It dasnt affect USDT/USD but USDT/COINS price. USDT/USD price can only be different by huge demand on usdt to enter crypto that is not fulfilled by THETER or huge supply from traders willing to exit to fiat.

Quote from: alexey14 on August 24, 2018, 12:37:43 PM

I want to buy 10K USDT when price for each USDT is 0.98$ but all echange sell it for 1.05$ at cheapest, I dont want to pay 0.07$ more than normal price,
Where I can buy cheap USDT? I want to buy when market is red but still hard find a good seller.
Also TETHER.TO registration now is closed.
bitterex not work here.

Theter price is not quite correlated with bear/bull market because its price is made to be stable and those few cents are just error in supply and demand and is alwais offset by tether and arbitrage bots. 1.05$ is 5% commission for exchange in most cases and its not that much while converting from fiat co crypto. You can try to buy BTC on bitfinex/coinbase/kraken for USD and than USDT on any exhange for that btc. LTC would be even better for that because transfer through exchanges is close to 50 times more expensive for BTC(even 5-10$) and 500 times for USDT (even 50$).

Yea. Withdrawing fee for USDT is very often close to 50-100$. So while choising exchange its more important than those 1.05 instead of 0.97.

Quote from: DanTalksCrypto on August 25, 2018, 06:44:01 AM

Anyone else into trading off the depth chart?

I've been learning it and doing well. Look at short-term sentiment / momentum. Trade off it. Get out once small % gains have been made.

Do that over and over again, increasing your stack each time.

I learned it from these guys - everyone is happy to help out someone new: Voodoo Crypto Discord

Any questions, let me know!

deepth chart is only ilustration of order book. And as all experienced traders know order book shows only part of orders and looots of fake orders.

Fake walls to makes you move your order or to make you fill like this price will never go down/up
Part of orders - 1 trader willing to sell 100 btc of alt will put 100 btc sell wall. second will use bot that will add order by order only if previous was fulfilled stopping price but not making fud due to huge sell wall third will set limit sell order (if price will go 1 % above my "take profit price" then dump 10 btc into marker dumping price 2 %) after realising this order he will create another untill fulfilling those 100 btc.

Only first trader will show his intentions in order book (and he is one out of 10 who will do that. Whales are alwais trying to hide their intention. And when there are showing their big order in most cases its fake). Now you see that deepth chart is useless.

Alwais if you are earning ask yourself a question. Why? Because of new indicator or mayby because of fact that we are in small bull run on alts since last week and even blind monkey would earn?

Quote from: Swagtoshi on August 24, 2018, 03:30:58 PM

What are the factors that affect the bitmex future price? How does the future price move in relation to the spot price?

Although I'm nit-picking, but the future price does not allows follow the exact same price movement of the spot price. Below, I a chart of the XRPU18 futures and the bittrex xrp price. The future went down significantly more than the spot price in the same time period.

Future price movements are much more drastical. It is caused by short/long liquidations due to overlavereged positions. Exchange is closing that position adding extra supply/demand what push price even more than spot price. After that price is going back where spot price is.

There is also separate supply and demand on futures and spot and price can be totally different. But most investors are looking on both price and doing their trades in way that those prices are quite the same. (if you see future price going down you know that spot price will go down too so you sell so price is actualy going down too but with big moves price can be different but only for short period)

And alwais check how deep market is. It may have 40 % spread but buy orded where you would like to sell with 40% profit is only 50$ worth, next one is on 10% profit with 100$ worth and next one is on 10% loss with 1000$ - and you forget about that and bought for 2000$.

And even if you spot opportunity with deep enought market your price can be eaten while transfering. Huge arbitrage guys can arbitrage without withdrawing or with withdrawing with special conditions given by exchange that you cant dream of. Thats why its impossible with small capital on high volume coins and risky on low volume coins that whales are not interrested to arbitrage on.