Hello, Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ? I have been doing that and the outcome is really good. I feel more comfortable to enter trade, if im able to check bunch of trader ideas + learn something new. Before I started to compare and check other trade ideas , i was failuring quite often - either I didnt enter trade, as i was not sure about right way or it was completely wrong and trade went to the opposite way. So after few failures I did join one of ''signal groups'', of course it failed as well , as provided signal results in FREE channel where fake and signals + TA in VIP, was just total waste. After some time i found leakers , for the same price what i paid to one group - now i have 70 or even more, didnt count. Entered them only because i saw TRIAL , and deam... there was so much information, TA , ideas and much more, that after trial i joined them for 1 year memebrship. And im happy that I found invite to their server , somewhere in bitcon forum. Now im comparing my trade ideas with many TOP trader TA, signals and their thoughts. Im not following any signal what they offer , im just there to compare and learn something new - they even have many leaked trading courses, found them very useful. But I know guys in their chat , that follows signals even on blind , with no knowlege in crypto - and even they are making profit on trades + some of them buy their copy trader and just forget about crypto for month and then check their profit in binance or bitmex. Planing to try their bot as well, as im going to vacation - so will rest from everything. Let me know, if You are also comparing trade ideas with others and where? If you want to know the place where I brainstorm ideas , then here is invite to their server : You can get free trial: https://discord.gg/3XcGV6NGood Luck in trades! Whenever I learned about a particular system that people have developed I try my best to test it and see if it works, then I compare the results I get with their system and the results I get with my own system, if I see that the performance of their system is better than my own performance then I try to look very closely at that system and see if there is something that I can integrate on my system from it, that is the only way of not only having a winning system but having the best possible one that you can develop. |
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This is the reason to state cryptocurrency investment is high risk involved compared to other forms of investments. The price drop is massive. From the value of $1300 it has fallen to $8600. One who bought at $10000+ has to hold until there is continued growth to yield profit. Further we don't know how long this drop is going to happen or when the market gonna change bullish.
That is the risk that you take when you invest in this market, it is true that the losses can be massive if you invest at the wrong time but if you invest at the right time your profits can be spectacular and there is no other type of investment in the world that can give you the consistent huge profits that you can get in this market, besides you should not see the current drop in the price as something bad, it is an opportunity to buy bitcoin once again for a price below five figures. |
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No one can tell you when it is the best time to buy bitcoin that is a personal choice that will depend on who you are as a person and as an investor, if you are willing to hold your coins for years them buying bitcoin at the current price is a good idea, but if you are not willing to hold your coins if we begin to see a negative trend in the price of bitcoin then it could be a good idea to wait a little bit and see if this is just a minor correction or if this becomes a crash. |
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So i am looking for some coins to invest in.
Yes, before everyone says it, i will do my own research.
I really like the idea of buyback + burn or just burn in general.
I also really like exchange coins, that get burned too. Thats why i own KCS, HT, and bnb
Trying to get recommendations about which one is the best coin to invest at the moment is useless, even if you were given a coin that went up very rapidly you are not going to know when it is a good moment to take your profits because you do not know anything about investing or trading, it is very likely that when the price of that coin begins to crash instead of selling you are going to keep holding it in the hopes that the price recovers and instead of profits you will get losses despite selecting the right coin. |
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Actually I have seen that concern also from other thread that Tether is doing good growth these days and kinda alarming for Bitcoin holders part
Interest in Tether increases whenever there is a major crash in the exchange rates for Bitcoin and the alts. It may not immediately reflect in the market cap, as a large part of the Tether supply is being held up as reserve by various exchanges such as Bitfinex. So there will be a lag of a few weeks. But if my calculations are correct, then we can expect a jump in the USDT market capitalization next month. I think that now 80% of all cryptocurrency market participants are located in Tether (USDT). This is a good refuge at this time. With the market crashing as it is it is not really a surprise that stable coins are seeing an increase in the volume and the amount of people that are using them, so even if many people do not really like stable coins because they are tied to fiat there is no doubt in my mind that they are an important part of the market, they bring liquidity that we will otherwise not have and they bring protection to your assets precisely in the moment in which you need it the most. |
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Hodl many different Altcoins is a good choice. But choosing to hold too much Altcoin is a bad thing, only holding Altcoin that you believe can be profitable for you. Do not select Shitcoin as this will make you lose money when choosing it.
Hold only a number that you can monitor, a coin is like a company that has it's progress and you need to have a timely information for all the coins you hold in order to make a timely decision. For example, if you are hold bitcoin SV and because you have a lot of coins to monitor and you are too confident on its future that you miss the news that it will be delisted in binance and some other exchanges, that will cost your a lot. This is correct, there are many that like to feel like they are investors and like to hold a huge number of coins, but it is going to be impossible to monitor every single one of them and you will miss important pieces of news and then one day you will realize that one of your coins is losing a lot of money and then you will realize your mistake but by then it will be impossible to recover the money you have lost. |
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Panic selling's infinitely worse than just stopping trading temporarily in my eyes. Panic selling can mean you lose a massive amount of money, whereas simply not trading does not usually result in significant losses. Panic buying can be just as bad as panic selling though- if you don't have a good entry point planned, you might be buying into a local top and prices could be under that local top for quite some time.
Always make sure you have some sort of plan before trading and make sure you stick to it. This will help you avoid FOMOing and panic buying and selling, though you will still have to actively prevent yourself from panicking.
This is what any rational trader should do but we know that people can be very irrational, if you do not know what to do because the circumstances in the market have changed very fast then it is important to take the necessary time to take a good decision about what to do, but we know most people trade with their emotions and as soon as they see a decrease in the price they panic. |
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I like it that the community doesn't accept the move that threatened Bitcoin once again and cause a serious decrease of marketcap. Craig Wright is a rich whimsy guy. He doesn't deserve to get successful with his little project. The money has to flow back to Bitcoin or at least to BCH. It's good to see it happening already. Less for BSV, more for widely accepted coins.
No, the money has to go to bitcoin, bitcoin cash is just another copy of bitcoin and their creators even had the audacity to say their coin was the real bitcoin when we know that was not the case, if anything I am hoping this is the beginning of a backlash against all of those coins which stole the name of bitcoin for themselves and are doing nothing but to confuse the newbies about which is the real bitcoin. |
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if you feel good please buy at ico but most ico is a scam and many investors don't believe in the ico project, and now the more trend ieo maybe it will replace the future of ico,I think you better buy on an exchange that is clearly registered in exchange.
There is no point in buying icos at the moment, if you really want to gamble your money away then wait until the market is going completely crazy and you see huge prices, that could be the moment to take a gamble or two if you feel like doing that with your money since your chances of winning will be higher but now that most icos are having problems even reaching their soft caps you will be disappointed by the results you will get. |
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I used to trade in Indodax, it was quite safe I think, there was never heard of hacking in Indodax, it's just that I don't know whether people outside Indonesia can trade there or not
and don't forget to use google authenticator and 2fa sms for email
Letting your funds to sit in exchanges is the worst idea. You should take out your funds in that exchange and do a favor to yourself to buy a hardware wallet which is a physical wallet for cryptocurrencies that is more secure compare to the online exchanges and online wallets. It is worth every penny in exchange of the security that you will get. Most people never learn their lesson unless that something directly happens to them, we can warn the users of the forum that using an exchange as your main wallet is a mistake but they will keep doing it and will only learn to not do it once a hacker steals their money but by that time it will be too late and they will lose money that it took them years to accumulate just because they refused to listen to our advice. |
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Most of the people said in this board there will be no bull run in the late of 2018 and there is a high probability that bull run comes in mid-2019. What's your thought about it?
I am waiting for a long time to get a Bull run here but it will not happening from the beginning of this year and also the previous year so we need to wait for any time to take get us because we do not predict about the future that is the problem here It will still take one more year before we see the bull run we are expecting, the recovery we are seeing does not seem real to me, the market at some point will go down again since there is no way to maintain the demand and once the whales begin to sell a huge amount of coins we are going to see everyone in panic about it and the price will go back where it started. |
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What is the reason for the recent bullrun? Was there any news because I didn't hear of anything or did a big whale invest?
Most of the time the price does not follow the news and the news follow the price instead, what just happened is that a person or group began to buy lots of bitcoin and this pushed the price up, it is likely that since this happened so suddenly that they are planning to sell the coins they bought slowly and let the price crash and obtain some easy profits of 50% or more during the next weeks. |
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Whitepaper and road mad are nice and good things for a project. They tell you what is to be expected of in project especially if you are an investor. But then scam issues sprung up, recognizing the power and influence of whitepaper and road, came in and capitalised on it to defraud a lot of investors
And now it becomes difficult to trust whitepaper and road map, but it wasn't like that from the beginning.
The solution I presume now; let’s take whitepaper to tell us what the project devs aim to achieve; don’t use whitepaper as a reason for investment.
Scammers have found ways to make every single aspect that we could use to determine the quality of a project into nothing more than useless stuff, when so many of the whitepapers are plagiarized or written by the same people that take that as an occupation then reading it becomes a waste of time, the first thing you need to do is to see if the devs are real, if they are then you can analyze the project otherwise forget about it. |
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I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc
If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?
They are lying, it is as simple as that, someone that is making a lot of money in the markets can only have two attitudes towards giving his knowledge away, in one case they will not give up their knowledge for any price, we cannot blame traders with that attitude since their knowledge probably made them millionaires, and the other attitude is to give away their knowledge for free since they do not need the money. |
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I think that now is a good time to invest in alternative coins. The market is at the bottom and I am almost sure that growth will begin soon. We must be patient and believe in the cryptocurrency market as a whole.
Investing in altcoins is a good idea but only if you invest in the altcoins that are the top of the market, it is true that you can invest in coins with low market caps and make more money if everything goes right but the odds are against you since most altcoins are copies of other projects or scam attempts which will not make you any money regardless of how much time you hold them. |
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The news about the BCHSV will be delisted from Binance resulting in a fall in the BCHSV price, but will it affect the price of the BCHABC? should I invest in BCHABC now?
will the fall in the price of BCHSV pump up the price of BCHABC ?
I am glad we need a clean up, we have too many coins in the market but the ones which really get me angry are the coins that have bitcoin in their name, they are stealing the name of bitcoin and many even claim to be better or to be the original bitcoin when we know that is not the case, I really expect this is the beginning of the end for all of those coins. |
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Really thank everyone who were in support to choose trading. I seriously love trading and wish to invest in more coins. Picking up a best coin once in three days and studying its background to invest. I have finalized TRX and ADA newly to invest in coming months when i have enough money. The other best coins with good trading volumes.
Trading can be easy for those who spend a sleepless night in front of pc during years. After getting enough money, greed doesn't let to continue with fresh brain or mind. Newbie luck is dangerous but if someone has then enjoy  There are those that do that but you cannot sustain that for a long time, the traders that are really successful are those that take their time to understand the markets and wait for the perfect opportunity to place their trades, this can be very difficult because months can pass without a single good opportunity and most traders get desperate at this point and trade when the market is against them. |
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There is no need to ask for that cause as we can see, crypto started to recover and it is already looking good now. Though we can't think that it will fly high instantly but at least it continuously moving up. This will remind me of 2017 event but I think that it won't be similarly to happen knowing that prices will only just moves slowly.
Bitcoin is rising but we do not know if this is going to last, maybe the growth will stop and then we will remain close to the current values for a month or two, and then the price goes down once again as the demand goes down and the supply goes up as people try to sell their bitcoin and try to recover some of the money they have lost, so it is my opinion the recovery we are experiencing is still not long and big enough to enable us to say that we could not touch prices below 4000 once again. |
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i think this year is the year of decentralized app that go live some of them will achieve mass adoption and reward investors with good return and others will simply fail good luck
People have been saying this for a long time and it has not happened, maybe it will happen in the future but I do not have high hopes of that happening anytime soon so we need to concentrate on coins with other functions, for example the last year was the year in which stable coins performed incredibly well and you could have been rewarded with great profits if you decided to invest in them. |
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Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?
Bounty campaigns have the luxury to ask for so much information because there are many bounty hunters that are willing to do anything just to get some tokens and they are willing to give up any kind of information to a bunch of strangers and to go against the ideals of cryptocurrencies just to get a few dollars and as long that is true KYC for bounties will continue. |
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