Hello traders!
I would like to know how you started trading? Any interesting articles,
videos or guides that you found helpful before you started?
Can you share your opinions and experiences please?
First of all, you have to understand human psychology and the balance between supply and demand. And then you have to understand supply and demand zone at the chart and also support and resistance level before oscillators or indicators. That's the abc of trading. It's very basic that everyone must understand. Trading is not really that complicated, there are a lot of information you can find in the net but you should focus on information that will help you, it's a stage by stage process, you'll start as newbie make mistakes and that is normal, eventually as you go further you'll improve if you continue to adjust. |
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When I hear walls, that' implies big money in the buy or sell order.
Breaking the walls will result to a significant price movement and often here in crypto, we think that walls are created by whales.
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I've always been watching bitcoin since mid-2013 up to now, and the market/bubble is painfully toxic. I'm not a big investor or economist, and I probably still only have superficial knowledge on how the entire blockchain systems work.
I just patiently watch the graph, and keep telling myself not to invest because everyone tells me it's a giant bubble that will someday pop. Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.
I remember back in 2014 when I first thought of investing in Bitcoin as a long-term investment, and obviously was pressured out of it because everyone kept thinking it was a bubble that was about to burst. I'm starting to think about it again now that Bitcoin is starting to crash - and generally speaking in the past it's done quite well after crashes, recovering and increasing every once in a while.
What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?
In my own personal opinion, investing in bitcoin this 2019 can be worth it because a lot of people would still want to invest their money in bitcoin, even the price of of bitcoin decreased. They still believe that bitcoin would rise up its price again. This year is actually the right time for investment, the price is cheap because we already dip. If there's big news this year I am sure a lot of people will make money on this year, but if not, we can still wait until the bear is over. No stopping us here, even if it's bearish but this market is not gonna be permanent and as long as we are strong in holding, we do have chance to be profitable. |
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In gambling wins only those who organize it. A person who makes bets can win from time to time, but if you count the amount of losses and winnings for all the time, the calculations will not be in favor of the person.
Gambling should be considered only as entertainment and not to spend large sums of money, then everything will be fine with you.
In simple term, the win made by the gambling house will be higher than that of the winning made by the gamblers. Every gambling script is developed in such a way with increased house edge. Different gambling websites give us with varied probabilities of winnings but the house edge of every site will be high than the players winning to assure profit for them. That's true, they always has the house edge that's why they win most of the time. Wit that house edge, that makes them more profitable but we can never say that we will not win, there are times we are lucky so we also have a chance to win. |
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This is just a prediction. As we all know, they may not come true. In most cases, this is what happens. Of course, listening to opinions will not be superfluous, but you also need to think with your head.
I do agree with you and as a long-term traders I don't think bitcoin will remain in bearish trend for long. Bitcoin is going to recover but how when it is going to happen is what we don't know but definitely it is not going to be in the current position for long. When this month comes to an end, we'll end the first quarter of the year. First quarter of the year provides with some good news, this time we haven't experienced the same till date. Possibly this will change when more people get into using cryptocurrencies. This won't let the price fall low, and soon I expect the recovery from the present market. We still got one month before the quarter will end and I am hoping we are going to end this to be a wonderful month. BTC is still stable, I'm expecting that there will be another pump to come within this month and I am also hoping that by that time, we will break the resistance. |
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The price increase is expected by everyone. We have been stuck for too long in very poor conditions. And that is not a good solution if you are going to leave the market now. I am sure if the market in 2019 will rise again. Because a number of pumps have been pretty good lately.
I am also expecting that it will happen anytime soon, this year is a good year for a price increase as we already have seen a bad year last year. We still did not sell despite of what happen, our portfolio is down but it does not mean it's dead, many times we are in a bear period but time comes we will also witness a bull run, I don't might other's prediction and I will stick to mine that the bull run will come this year. |
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It seems to be going up and not coming back down again.
Whatever coin you mean, I would always not agree with you. There's no way that one way movement will prevail, this market is been trend for pump and dump, and you are proven wrong because the market has dump suddenly. It would be very nice if the market will start to stay consistent that even a small price increase will be appreciated. Don't react so much with a temporary price increase, that's not gonna help us if we tend to invest for long term. |
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There more chances for Bitcoin to rise. Bitcoin is the number one cryptocurrency asset which has greater potentials of rising irrespective of how long and intense the bear market may present itself. Now, India has authorize the activities of cryptocurrency and laws are yet to be passed on cryptocurrency in Russia. All these are good steps towards the achievement of high price of Bitcoin in the next few months.
Great news, eventually every country will become crypto friendly. With proper regulation they will not hesitate to adopt it, crypto will become a big community for us as it it will soon be supported with big money. Businesses will adopt with crypto as they know the market is big, with the different technology that will make payment system faster and transparent, there's no reason it will not succeed. |
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For signs of a bull run that already exists from this month, it is likely that this year the bull run will definitely occur even though from now the market is still slow to move quickly.
We all saw that, the price slowly increase up but there was a sudden dump. Good thing now because the price started to recover again, it doesn't matter how many times we will be dump as long as the price will recover. These are just signs and we can use this for our favor, we can invest now and just wait until the bull run will finally come. |
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How in the hell does dwanyne wade hit two three pointers to beat golden state warriors? He fumbled the ball and just threw it up and hit the buzzer beating three pointer when gsw looked as if they had this game with their close finish.  Vintage wade, he can do stuff like that easily. He still got something big to offer for his team and we will really miss this guy as he will be retiring this season. Warriors were the heavy favorites but haven't you notice that they struggle lately? No doubt they can win but not convincingly, heat just rewarded their backers big time with this win. |
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The devs wrote on Discord that they are still working on the app, which is great news. If there are any updates from them I will post them here.
I'm glad you will. The behaviour of these coin devs from all the diffferent coins are so predictable. When the market is so bad, they just disappear from the public and just keep themselves in their workshops. We should be glad they still have value now and the volume is still there. I hope they'll also have an active community in telegram, not only in discord as most investors now are using telegram, since it's easier. I would still have my faith in this, very low in terms of volume, we can play this one once there's a market pump. |
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i want to know did you make profit in gambling or lost and i know 99% people lost their money in gambling Gambling is only for fun not a way to make money what you think Gamblers  Always Gamble what you afford to Lose Don't Give up LOL I make profit in gambling but more likey losing. Most likely I'm losing when I'm playing too much and I'm winning when I feel more control to myself. Then you should stick to where you win, control yourself and win in gambling. We can control ourselves if we don't play a lot of time, with that, you need to gamble a bigger amount of money so you will be contented. It will give different feeling when you are gambling with a bigger amount, it will make you more careful on making a decision. |
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Initial coin offerings should be 100% regulated and this should not be negotiable because there are too many commercial activities going on and so many projects are just raising funds using this method because they know there is no real oversight into the fundraising process so it is easy for projects to make away with investors money .
Regulations on the other hand will bring about better project better investor product protection and better development of blockchain
I agree, but we are still in the early stage, regulation has not come yet. Hopefully there will be regulation soon, the market is dump a lot because of the ICOs reputation also, a lot of investors coming in but getting out scammed, these things should be avoided and only regulation will be the answer for this since the government will certainly go after against the scammers. |
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the chance that it will rise again will be higher than it falls i see it as a chance to buy cheap coins
That's correct, but the only question now is when it will happen. I guess this is not the best timing for investors who like to target short term profit, at this time, it's necessary to hold longer and wait for that time. I know everyone is very excited for that time but we don't have the choice now but to hold since we don't dictate how the market should move. |
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Yes, and this trend will not stop today or tomorrow. It will continue for some time until the bears fully go away and leave our o=market for us. It is pathetic to see greens and the next day, one long dildo downward to destroy our hopes.
I've seen this many times in the past, I guess we got used to this. We are overreacting when there is a pump, we know it's just a manipulation as the bulls has not really come, they visited us in weeks and just leave right away, that's what happen to the value of crypto, there's a sudden dump of what we build of days of a week. Whatever be the case, the bear period will end as the bull period ended.
100% (it's a waiting game now) |
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Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
Well YES! Every transaction with involves money should be well regulated, and I am not saying we should need to centralized the crypto, we just need ICOS to be regulated as you said. I agree with that, we have witnessed the result of non regulated ICO, it resulted to lots of scammed investors. They come here to make money not to loss, that's the essence of investing so order to minimize the risk of investing, a properly regulation should be put in place. I don't know when it will be put in place but I believe we badly need it now. |
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It's too early to talk about bull run. We could fall even lower. So far, bitcoin has again dropped below $ 4000.
You need to be careful in your expectations, it is important not to give wishful thinking and not to make mistakes, you need to watch and analyze a lot, work with a temporary increase in prices, and not wait for the bull Everyone has to be realistic, we don't need to be bias and judge right away, we've seen what happen when we think the recent price increase was a bull, it did not pursue, instead it dump hard. Normal market correction, but we will see what will follow, hopefully we will finally see what we are expecting. |
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95% of all Day Traders fail because of lack of knowledge and timing. Day Trading is very difficult to apply in cryptocurrency trading. Why? Because cryptocurrency markets are unpredictable.
It's actually quite predictable if you know what you are doing and know your target. Most times people end up trying to be so greedy, and they end up losing even what they have made I don't know if that 95% is so accurate, that's so big and I don't think we have a lot of dumb day traders. People who pursue day trading are people who think they are smart enough so I guess we have at least 50/50 or 40/60, personally I'm not a day trader now and I would not be interested with the current market condition. |
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Everyone knows that the ethereum has a future, and everyone is sure that it is underestimated. But now you need to catch another bottom and add some more coins to your portfolio.  Now almost all exchanges in your buckets are bottled to the brim.  Use this moment. After hitting $160, now ETH is back at $138, that was fast and we are back low. Anyway, let's be calm, we got hype with the constant increase and now we are seeing it dump again, this is just a little correction, hopefully it will recover soon. Time to all in now, we don't know if the next run would not result to a dump like this, don't miss the chance. The main thing is that the price does not continue to fall, it will be a bad sign, if it starts to grow again or at least be stable, then there is nothing to fear Seeing some green now, started to rise again and not only ETH but the whole market in the top 100. XRP had a good jump today, it's getting close to ETH now in the position, they really have a good competition but I like them all to grow. Even if we dump, that is acceptable because we also recover and soon we will be back up again. |
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From technical analysis XRP can be push again to 1000% in less than 1 years so its times to accumulate it and we will get big reward later. Keep patient waiting for next bull run of XRP is key to change our financial because XRP more have probability to ATH again because have partnership with many big company.
XRP coin stable and not just gave a good pump, so I'm sure that everything is stabilized and all who work with this coin will succeed . We will see that, based on trend, XRP is just a solo pumper, it does not pump together with other altcoins and BTC. It's stable then it's always good and we don't know if it will dump or pump in the future but since it's stable there is more chances that it will pump. I'm believing that this one is also a sleeping giant, and has proven a decent coin to invest. |
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