My best combination is: - news reaction - if no reaction to good news means that investors are to scared to put money even if good news is on) - bed time to buy
- if good news are mooning and bad news dont influence market - investors are very confident - good time to buy
- price - just buy the fking deep, dont buy on the top when price is going up like crazy. I wont buy on the moon hoping to reach mars beacause on 5 min/10min/1h/4h/12h any other h chart there is buy signal on bolinger rsi or any other poo poo. -upcoming news -finding whale on asset (when your indicators are giving buy and price is droping you will say TA is not alwis right or you will change indicator or post here "what are you best indicators". I would know that TA lovers demand was used to exit trade by whale (at liest with part of his capital) and ill know that perhaps he has much more to dump on indicators lovers). Beacause whale wont exit coin on downtred because noone will buy from them. They need to exit when there is buy oportunity for others. You may earn on macd or rsi on bull market. But on bull market even blind monkey would earn. Bear market will crash all trades opened with those indicators. |
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I dont see any logical explanation on painting few line on chart and predict few months further. There is MTgox case to be solved, ETF case, Lightning network developement, regulations etc. etc. Any of this events will affect price 10 times more than line on chart.
For now on i can see that there are more and more buyers on btc and price will recover at liest to 7,5k. Then ill see if there are dumpers Than ill see if there are buyers etc. I will look on the environment (recent news and its influence on market - if good news dont affect price means that someone big dumps coins on news-fomo demand or investors are to scared to put money in for that news - bad time to buy even if we are on strong support or in cosmic triangle of red power). Looking on lines and cosmic formatcions from them and predict price for next 4 months its like lookng into tea dregs and predict weather. You can be right once, twice in a row and become hero of tradingview but after 100 predictions you will be 50% right just like coin toss beacause only TA lovers buys on TA indicators and its only demand that they rely on. It means that only person who paint those line exacly like this guy will w8 for 3000 to happend to buy there. Any other investor will buy in other place. You really think that those few investors will stop price there? Whales dont use AT or use it to know where supply and demand from TA lovers will appear to rape them without lube.
I will not paint stupid triangles. I will think. If price is hitting support 4th time and bounce less each time it means that slowly we are getting out of buyers on these levels. Simply those who want to buy at 6k range already bought it on february, april or june. There are less and less of them and their confidance is lower and lower beacuse bounce is lower. Probably only TA lovers are buying on this support (those of them who bealive in supprots more than triangles xd). It means that they will probably set stoploss around 5500 and if price will cross it it will dump more (then we will see long squeez etc. and 4,5k range is possible if huge demand wont appear from whales). Of course it looks like this currently. Any huge news can change it drasticly. And i dont need stupid triangles to predict price.
Even painting lines is in my opinion inadequate to predict btc price beacuse in 90% times BTC is acting more parabolic than linear.
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And how about spread? There might be no fees but manny times I've seen hidden fees on "no fees service" in spread set to 5% or higher. Did you checked that?
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A large volume of trading. (At the time of writing, the volume was $ 591,939,770)
On your second photo you can see that 24 h volume is more than 5 678 000 000 (one 0 more ). That makes it biggest exchange to bet on bitcoin price. Thats why i check price change there. Biggest volume makes it rule the price. I didnt see it in your post but you dont trade BTC there. You only bet if price will go up or down. Bitmex shows liquidations as allert (for example if price go -1% and you bet on x100 leverage exchange will automaticly sell and leave you without money). Its so interresting to watch that. When price is pumping a little and then moon due to launch of overleveraged position and you see  I've seen manny times liquidation of position bigger than 5 mil $. And you know that someone just lost all money put into this bet. This also helps understand market price moves better. When something is mooning in 1 huge green dildo its most often not fomo or 1 big investor. Its stoploses on shorts or short liqiudation from short squeeze attack. |
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You guys are complicating too much. Its not sum of buy and sell beacuse buy for 1 person is sell for other. 24H VOLUME IS SUM ON ALL TRANSACTIONS.  Like this here on binance. It dasnt matter if its green or red in here. If it was created by stoploss or take profit or any other poo poo. Just add amount of every transaction and you have volume. Volume is sum of all transactions not circulated amount of bitcoin. Thats why volume can be higher than marketcap - i've seen coin beeing pumped 1000% which 1 day volume was 10 times bigger than marketcap (every coin change hand 10 times during 1 day). And with 1 btc you can create 10 000 btc fake volume buing and selling to yorself. (thats how shit exchanges are becoming popular (lbank, uex or bitforex) - boosting trading volume trading with themselve) "It supposed to be 1000 BTC since only 1000 BTC circulating." It would be too hard to track each btc to know that this transaction has btc that was calculated in other transaction these day. A coin with a good and almost equal number volume of being bought and sold is an indication of healthy coin.
Wrong ! Every coin has equal number of volume being bought and sold. When you buy on market someone else have to sell. Thats how it works. |
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...and even if ETF is approved money won't pour into bitcoin, it will pour into that ETF!
You need to read more about how ETF works. ETF pours money directly into bitcoin! ETF works like that: 1- user buy bitcoin etf from fund 2- fund buy btc on market 3- user sell etf 4- fund sell btc on market You dont trade ETF beatwin users. You are buying/selling them from fund. Thats why ETf price does not depend on supply or demand on exchange where you buy/sell ETF. It depends on bitcoin price, where fund is exchanging USD to BTC. So when someone is buying 10 000 btc by ETF, fund is buying 10 000 btc on exhanges in the same moment. Back to OP. Any news 3 days beafore deadline? |
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It would be interesting to know what your trading methods and style are? and how successful your strategy is?
I have been trading for less than a year. At the momement I mostly like to trade BTC and ETH due to the 5* leverage on Kraken.
Up until now, I have been trying to be a trend reversal trader. I mostly try and use RSI divergence on various timeframes (however prefer 4h), as well as using the MACD and the histogram as complimentary tools.
I also use EMA 12/26 (cradle zone , area between the two EMA's) as support and resistence, as price action frequently bounces of these averages.
My strategy is to buy low and sell high  Now seriously ... crypto market is too speculative and too shallow to trade on indicators because they are beeing destroyed by big investors or big speculats. After each indicator beeing destroyed by big investors makes small to fomo or panic. Thats where my trades appear. I buy panic and sell hope or short fomo and close at panic. I dont use indicators for that because they can be used only when market is "boring". It will give you few good trades and than 1 fail trade with exiting on panic (where i buy). |
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Hey, guys! We are working on a creating our platform for crypto-exchange and would like to know your opinion what crypto-pairs to launch first?
I think that if you are new exchange than you need to possess new users what might be hard knowing that there are more than 100 exchanges. You wont have smaller spread than others You wont have deeper market than others You wont have better reputation than others Thats why noone will daytrade or trade actively on your exchange without masses. And masses wont come to your exchange to exchange eth to btc. Beacause in every possible way there are better exchanges to do it. You need to fallow ICOs and add coins from there. Coins that are nowhere else. Users will have to come to you to trade them. Thats how you will gain new users. Forget about KYC (you will lose 80% on new users instantly - noone want to sen ID to exchange without reputation) and set low as possible bitcoin and etherum withdrawal fees. Launch your token and reward users for trading by it or by holding it. Be creative. It will be hard to possess enought users to gain daytraders and traders. But if you will have them than you can ask what pairs we like to trade. Without masses noone will go trade on exchanges with high spread, shallow market and with no reputation. Welcome to the forums. For crypto pairs I suggest you look at coinmarketcap and see what the top ten coins that is being traded. So you will have a idea as to which crypto-pairs you are going to launch. ( https://coinmarketcap.com/) And then you can move your way up and offer other trading pairs. I hope though that you know that traders are looking for crypto exchange that they can trust and have a good customer support. You need to consider that as well before launching your trading platforms. Goodluck. And they will add BTC/ETH BTC/XRP BTC/BCC BTC/NEO BTC/EOS and 5 more. Would you leave binance to go to trade there with 5% spread and no reputation? Why? |
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If bitcoin will hit mass adoption and by lightning network there will be solved scalibility issue I would love to leave from fiat to bitcoin with all my money and just use it. If more and more people will do that than bitcoin price will grow rapidly and other fiat currency value will be close to toilet paper. But will bitcoin become main currency of the world than? You need to remeber that oil/silver/gold/gas and manny others are valuated in dolars. And even if noone will use dolars in real life it will be still up to goverments to change pairs with oil and others. I dont think that US will agree to that cause it could totaly destroy their economy and value of dolar.
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ATH price of Bitocoin was 19934 USD at 17/12/2018. Can this year it will cross ATH . What is your opinion about this  ETF news and we will start pump like in december. But im not aiming for 2017 ATH to happend in 2018. I'm aiming 10x 2017 ATH in 2020 . |
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1. Boldly enter the order
Before entering the order, the trader needs to analyze, we need to anticipate all the bad to good situations that may occur next. But one thing is for sure, traders do not count on the market. There will be situations where you will certainly not be expecting, so it's best to discipline yourself and give yourself a good plan and then to order without thinking too much.
It is not possible to analize evey scenario to be prepeared for it. If you think about 2 scenarios (going down to stoplos or up to takeprofit) for sure you can think of them and set them but you are not taking fom market what it gives you. You listen to the market till buy decision and then close eyes and w8 for it to happend. I'm more flexible - i listen the market all the time im in trade. When i see that market has no strength and my trading experience is talking to me that its going to be dumped and price is few % over stoploss i sell and my loss is reduced by those few %. When i see that price is slowly going up and is closer and closer to price on which i was thinking beafore buy i hold for longer. When price is getting closer and closer to my stoploss but i see that every dump is started to be collected and pumped hard after it and i know that someone big is buying the dip than i dont sell even if price pass stoploss. I change stratedy and search for dump to buy it with this whale. This helps you grab more from market. |
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Your best option would be to do a lump sum purchase of BTC, then either send BCT between exchanges and convert back to FIAT or first convert to something like LTC (litecoin) or BCH (Bitcoin Cash) (due to cheaper send fees) and then once it's received on the new exchance...convert that LTC or BCH back to BTC > Fiat or directly back to FIAT (depending on if the exchange has BCH / USD or LTC / USD pairs. These transactions would most likely only take a few minutes, or a couple hours at max. One of the great things about crypto is it can send faster and cheaper then fiat transfers. Just always make sure to double check address and send a test amount first.
BTC is very expensive to transfer through exchanges (peaople most often withdraw btc so they pump btc withdrawal fees to earn more). Its up to 5-50$ depends on exchange. I always transfer funds between exchanges via neo (witrdrawals are free and fast) or LTC if neo is not supported (~0.1$ - depends on exchange and also fast transfers) |
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Vet is pretty dumped again and adding VTHO trading pairs to binance news is getting closer and closer. 265 sat is good entry point for 1/3 part again. Ill buy at this price and w8 for news. Lets see if im right again.
edit: 02.08 - just bought 1/3 more at 230 sat
edit2: 03.08 - just bought 1/3 more at 180 sat. I didnt though it will dump soo hard. Average buy at 225 sat. Not so good looking at current price. But VET is very dumped and still news comming.
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As I said wall was cancelled and as soon as it disappear price droped. It wasnt fight between 2 whales. In my opinion 1 whale was showing strength. But im not quite sure why.
1- to cause daytraders move their orders over wall to sell it to them on higher prices. (would he risk filling 170 mil trade if he intends to sell? )
2- to look for another whale willing to sell - noone was interrested so he cancelled to stop price increasing. It might be like this. I have 170 mil to invest in bitcoin. Lets show it on market mayby someone want to sell that much on that price if not ill use another tactick.
3- bitfinex bug?
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22000 is the zoomed out, aggregated result of many buy orders not just one so you can not call it a "wall" exactly. people aren't placing orders with $10 steps.
the real order is about 400-500BTC which is still pretty huge. and it was pulled.
since this was just on bitfinex and nowhere else, i wouldn't really put too much thought into it because even if you manage to manipulate the price in one exchange, the others would go the other way and crush you while arbitrage traders eat through any size of wall if a difference is shaped.
Its more than 3% of total volume on all exhanges. Only whale would be able to eat it in current price. Wall could also be moved up and up and up till end of wall (buy all 22k btc) (10% pump ) or make 1 instant pump to +1000$ and hold for 1 day. It was cumulated only to show it in 1 small photo. Orders was 0-5 btc each 10 cents and 3-5 huge offers 2k-8k btc This accures to be fake wall which just dissapear. But someone who did it put 170 mil to show it to us. |
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Bitcoin on bitfinex has currently 22 000 btc wall 20$ under. 22 000 btc to move btc 20 $ down now (0,25%). Insane in my opinion in current market situation. Thats close to 170 mln $ (perhaps put by 1 big investoror 1 fake investor). Worth to watch in my opinion.  FAKE WALL/GONNA BE EATEN/GONNA MOON ? Put here your bet Edit:  Main wall moved 10$ up Edit2 :  Main wall moved another 10$ up Is it gonna be 10$ up and up till filling those 11-22 k btc? |
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