Only $ 999: D I think it's a totally psychological effect. When the number of coins in human hands is more, he sees himself richer in the future. To have 5 million EXRNs. Sometimes that gives you more confidence. However, the value is very low. 1 eth 1 btc is relatively less...
exacly, but its newbie poit of view. In this point of view he is the one who will be plucked from his money by those who know a little more about market and are not only comparing coins by their price. Another argument why price is just a price not indicator if coin is risky or not is that there are more often token splits. Like ven now. They are lauching mainnet and from each VEN token You will recive 100 VET coin. It price will for sure drop from 3$ to 0,03$ (but you will have 100 times more of it). It is still the same coin, the same company, the same whitepaper, the same code and hype but price 100 time less. Is it 100 times more risky to invest in? I dont think so.
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Hello traders,
I am a newbie in trading and would like to get some more information about trading signals groups. I heard there are some really good ones, not looking for free groups.
If you have any experience in premium trading groups, please share.
Thank you BTC
Using signal goups in pointless because you will never learn to trade. When you will make waste trade you will blame leaders and all you will learn from this is that this group is not legit, lets jump to another. Do your own trades. Even if you are unexperienced. Chose lowest possible bid (0,001 btc in binance ~ 6$) and make as mannny mistakes as possible. Learn from each and be better from every. After few days you will say : i've lost 10$ 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 month you will increase bit and say ; I've earned 2000$ and still learned this and thisWhat would you say after few month trading by telegram signals? I learned that this and this and this group is not legit, this is quite good but im still on big waste. (if you will find 1 legit) Also most of them are scams. Also dont even think about pump and dump group.If you are here only for links to grups, not advice than grab this: https://discord.gg/ZyD3mDhttps://discord.gg/NEjXj6
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According to some statistics that I have collected, it can be seen that the cost to exploit a bitcoin is $ 6000, so if the bitcoin price is over $ 6,000 then the bitcoin extraction can bring If Bitcoin breaks the $ 6000 mark, the market will really fall into recession, and bitcoin prices will probably fall even deeper than the competition from the operators.
6000 $ is a strong support which broken for sure will have huge impact, but i think that it will be caused only by panic, not because we brake mining cost. It will only make few miners to quit. Nothing more.
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I still standby that charts can only help you if you are experienced with how the markets work. I am convinced that people don't in a general sense even understand the relation of USD/BTC/Altcoins and how the markets fundamentally operate and move. Technical analysis in my opinion basically is just zones or areas to look at it and apply it to the fundamentals, experience, market conditions, etc and making a sound decision off of all of these. If nothing else, technical analysis is great discipline because the biggest mistake I see new traders making is they buy at the wrong times (which is awful because in trading this is seriously the only thing you have pure control over is when you buy a coin and at what price and what position it is in), and sell way too late or way too early, and they have no idea or inkling of what this looks like. Traders, in general, cannot detach from their love of their coins, and don't have the discipline to sell even if it might continue going up, or sell at a loss to avoid disaster because they're just too busy being human and in euphoria. So EVEN IF NOTHING ELSE, trading on fibonacci zones or following just the "ABC" Elliott Wave correction theory where you don't buy into a correction until an established bulltrap.. or if there's a TK death cross or we're wicking hard on these moving averages with nowhere to fall to...then even if its not working correctly will most likely stop and give people some rules and things to look for so they don't base their decision purely on greed and emotion, and I almost guarantee that 9 out of 10 people would do better (even if the success of the technical analysis is purely coincidental on making them avoid emotional trading). Technical Analysis isn't the key to trading... discipline and knowing how the markets work is... but the catch is technical analysis is needed to help form disciplinary habits.
agreed. TA helps understand market but as long as you try to understand it. Jumping into coin by seeing double bottom, flag or wedge or any other patter without thinking and money managment will lead to loss. Money managment and admitting loses is even more important that enter point as long as you are aware of fact that there is no trader with 100% accuracy. And no universal tactick, indicator, patter that will alwais make you win.
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TA was made to calculate emotions of average investor. I mean that we are not special. Most of investors buy when price goes up and sell
How do you calculate emotions? I don't think emotion is even a factor to consider in technical analysis. I think you should have used the word pattern instead of emotion. To come up with a good technical analysis you need to use tools like RSI, MACD, Aroon Indicator and more. This tools uses statistics, trends, patterns based on the trading volume and also price movement. Emotion is way far from it just like you have mentioned. TA is making use of patterns to estimate the possibilities of where a movement can turn out to be and it is always better to see those breakouts or the movement in a way and the volume on such breakout before making a move and without discarding the use of stop loss. I guess a lot of traders who are just starting assume that TA will always work every time without the possibilities of going not as expected, but if it is like that, stop loss would not even have been a thing even for professional traders. You all need to understand that those price movement is made by investors making decision (to sell or not to sell). Its not magic chart that will act like pattern is saying because TA said that. It is alwais investors decision. And those investors are alwais uunder pressure of greed or fear. Without TA in 1920 those emotion was main factor creating price. Those price movement was calculated into patters that you are using now. But when you are using this patters your transactions are changing it, there is yours buy transaction pushing price higher where there was no buy transaction when those patter was not presented to masses. Thats why those patters can work as long as noone knows about them. And most of patters and TA indicators are known from 1920. Thats why data from which those indicators was created is different now. Also we have now trading bots, ai bots, arbitrage bots what was unpresent in 1920 when those patters was created.
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in current market altcoins should be only consider as bitcoin price multiplier (~90% of almost every currency volumen is traded in ALT/BTC pair and only ~10% in ALT/USD). https://bitcointalk.org/index.php?topic=4444348.msg39704417#msg39704417Here i described it more precised. Thats why when you split your money into altcoins you are increasing volatility of your portfolio. Bitcoin portfolio: When bitcoin drop 30% your portfolio drop 30% altcoin portolio When bitcoin drop 30% altcoins drop 50% When bitcoin pump 30% altcoin pomp 50% When bitcoin is stable - coins are slowly gaining or loosing
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they have 400 mil daily volumen what gives us around 0,6 mln daily income from fees. That gives 50 day income. Im not surprised they decided to compensate users loss. 50 day income is not that much cosindering something as syrious as exchange hack. 30 mil is not too much and i think it wont have any long/middle term impact on market.
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I am tired to repeat that TA is not a grail and having studied TA you will not be successful as it seems. Let us imagine that TA works fine then every person may be successful on market having studied TA but it is not. And another reason why TA does not work because there would be trading robots in this case.
You are right. Thats why in my opinion in 1920 TA worked well. Becouse noone was using it and it gives advange to those who use it. Now, when first thing that you are facing with entering trading is TA than knowing TA give you no advantage. It become to give disadvange becouse your moves are predictable for whales. And without advantage over other investors there is no profit. Becouse on market when one is winning other one is loosing.
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please note that investing in the world of crypto will give us the opportunity to gain enormous profits and success .
That only applies to market movers and a small number of people. Most people will never gain anything from crypto, especially not if you look at their long term results. It's all negative. Don't forget that there where some people manage to book massive gains, there are a lot people directly losing significantly. Your gains are other people their losses, that's how this market works. Short term mentality tends to work against you. I don't even think we can talk about trading or investing anymore with how people go nuts on everything. It's actually more like gambling. This is true when we talk about closed group of investors. In crypto, during bull run, there are new investors everyday putting more and more money into market. So we can be is position when everyone has profit untill we begin to sell. Thats why we can say that we have profil only when we sold. Beeafore selling there are no winners and no loosers.
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Whales can't pump it to 20,000 alone, they'll start the ball rolling and then let the small fish push the price up. They'll also offer support whenever theres some downward pressure on the price. But 20k won't happen overnight.
This math speculations shows that thay are able to do this. But yes they can earn more letting fomo help them by doing it slower. 1k each day and they will spend half of money to pump it in 1 day (I think that )
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Trader and drops of water When you really enter the crypto market, you can not avoid the trade crypto. So you also need the skills of a trader whether you are a holder or not. Make profits like drops of water: - Patience: This is the virtue of a good trader. You must looking for reasons not to enter orders instead of always wanting to make a profit. - Earn 1-2% profit per transaction. why not? Always set a goal of just a few percent. It's like water droplets, let's imagine the droplets flowing, it will be full. - You do not have to enter orders every day, every hour. Find the best entry point when all the signals you have overlap. Always avoid to lose before you earn profits. This is not exactly advice, just the experience I experienced. Thanks for reading
Good advices but i have extra few words to the second point. Fixed 1-2 % is not optimal strategy in my opionion. Sometimes we see opportunity on low valutable coins on 5 min candles for max 0,5% profit. Sometime we see good opportunity on 1h candles on high volatility coins where we can without problem grab 10% in 1-3 h. Thats why in some trades 1% is dream and in others 10% is simple (but risk is bigger too). Thats why i grab profit when i see that there is nothig more to take from market. Or i start to doubt it will go higher (i start to drop 25% of asset each sell). It can be on 1% profit, 10% profit or 5% waste. I dont care.
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Using telegram signal goups in pointless because you will never learn to trade. When you will make waste trade you will blame leaders and all you will learn from this is that this group is not legit, lets jump to another. Do your own trades. Even if you are unexperienced. Chose lowest possible bid (0,001 btc in binance ~ 6$) and make as mannny mistakes as possible. Learn from each and be better from every. After few days you will say : i've lost 10$ 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 month you will increase bit and say ; I've earned 2000$ and still learned this and this
What would you say after few month trading by telegram signals?
I learned that this and this and this group is not legit, this is quite good but im still on big waste. (if you will find 1 legit)
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why did you choose 2013-2015 chart to compare with 2017-2018 chart? bitcoin was not created in 2013.
He chose 2013-2015 chart to compare with 2017-2018 chart because he probably thinks that "history will repeat itself" and IMO, 2013-2015 chart is the perfect one to use in order to say that since it is the time span where the biggest rise and dump of price happened(the biggest one before the 2017 bullish run started). Of course, this is nothing more than theory.
It is an interesting theory but IMO price will not go as far as 4800$ since bitcoin have more real volume and support now. 2014 and 2018 has also 1 connection. MTGox case. In 2014 MTGox was hacked and in 2018 he is selling found bitcoins. In september court will decide whats with rest bitcoins which are waiting on decision on mtgox wallets ( https://www.cryptoground.com/mtgox-cold-wallet-monitor/) 137k bitcoins worth close to 1 mld $ at current price. http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3?IR=T
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