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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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Hey All, I've been trading like a maniac the past few years using lots of different exchanges and not keeping records of trades. It would be nice to send a few btc back to coinbase for USD but I'm afraid some blockchain explorer they have will follow the transactions back through everything and I could get into trouble fortrading altcoins. Am I being ridiculous? Sounds ridiculous as I type. I suppose at some point I need to take profits but I'm just nervous about going back to coinbase.
The first rule of tax is to have conclusive proof of your transaction. You will not get charged any taxes until the time the money doesn't show up in your real bank account. When you hold your assets over virtual blockchain then by law it has no meaning as you are not really having it unless you exchange it for the fiat currency. Once you convert it to fiat and withdraw the money into your bank account then that becomes legally taxed one. I think you dont have to worry about how much you trade and how much you earn as long as you are going to pay your taxes. And thats in your country. In my we have to protest against gouverment to awoid paying 1% of transaction value (for example when you buy eth fro bitcoin you pay 1% on eth $ value, than you sell eth to btc, you pay 1% of btc $ value). Can you imagine that? You make 1 trade with 1 % loss and 2% tax (what gives you 3% loss) (+ ~20% from every profit) https://www.ccn.com/cryptocurrency-traders-protest-polands-move-to-tax-all-transactions/Some of gouvrments are stupid and dont know what crypto is and how to tax it. If in your country there is no clear crypto tax law its better to protect yourself by hidding every trade and withdraw money to fiat wisely. Imagine if you daytrade grabing 0,5% from each trade and than you realise that in your country there is 2% tax from each trade. And you earn 10k from 30k investment and now you have to pay 60k tax |
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Hey All, I've been trading like a maniac the past few years using lots of different exchanges and not keeping records of trades. It would be nice to send a few btc back to coinbase for USD but I'm afraid some blockchain explorer they have will follow the transactions back through everything and I could get into trouble fortrading altcoins. Am I being ridiculous? Sounds ridiculous as I type. I suppose at some point I need to take profits but I'm just nervous about going back to coinbase.
Its easier than you think. Transfer it to binance, buy monero, transfer it to your monero wallet, then to next monero adress and to next monero adress, than to new binance account, sell to bitcoin, then to new bitcoin wallet and your bitcoins are untrackable but still you will have to pay tax for money transfered from coinbase to your bank account. Monero is privacy coin that was not tracked even by FBI. Binance dont need KYC and you can withdraw up to 2 bitcoins (or coins worth 2 bitcoins) in 1 day. |
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hey guys, Bitcoin is moving really dangerously to 6000/62000 price level.
If we break this level most of mining farms have to stop mining or continue to produce at loss...
this would be a really nefarious scenario!!!
who thinks Bitcoin will break psychological 6k level? what could happen then? any opinion or analysis???
I think nothing needs to be stopped, mine now does not mean lost production, but the profit is delayed. I'm sure the bitcoin value will not be less than now, bitcoin will soon increase in the next few months. There is no economical explenation of mining bitcoin when electricy cost is bigger than bitcoin price. Saying that profit is delayed does not justifies mining bitcoin worth 5k paying for electricity 7k. Its better to stop mining and start buying. Without spending 1mil/month to mine 142 bitcoins you will spend 1 mil to buy 200 bitcoins. hey guys, Bitcoin is moving really dangerously to 6000/62000 price level.
If we break this level most of mining farms have to stop mining or continue to produce at loss...
this would be a really nefarious scenario!!!
who thinks Bitcoin will break psychological 6k level? what could happen then? any opinion or analysis???
https://bitcointalk.org/index.php?topic=4469336.msg40087454#msg40087454here i have explained this. Not most of mining farms will stop mining. Only few with the worst hardware, worst electricity cost and the worst management (this 6k mining cost is just average. Some are mining for 5k, some for 6k and some for 6,5k those for 6,5 are already suffering, those for 5k are doing well at current price). That will lower dificulty for others and mining become profitable at lower bitcoin price. https://blockchain.info/pl/charts/difficulty?timespan=allTake a look at current dificulty. It is more pumped than bitcoin price ever was. Parabola in every time period. I even think that in longterm vision it would be better for bitcoin to shake those inefficient mining farms as long as it wont mess too much with bitcoin decetralization.  as you can see its not as decetralized as everyone think. |
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Forex, stock are regulated and -20% jump is not happening.
Have you really withnessed a very strong news that is very decisive? It becomes very volatile and its effect could be felt through out the week. Sure news cause a very huge jump and can close a big account that is traded without stop-loss. I show you on picture what i mean by -20% in one minute and back to the same price. My post totaly describes whats are the risk with stoploss and stoplimit. How stoploss wile atacked can turn your portfolio into 1-10% of your investment and how stoplimit could not save you in some circumstances. And it didnt have anything with news. Its just speculative atack on stoplos. Look at picture. Thats why stoploses on crypto has huge risk. I can put here dozens of screens of ataks like that. You only need to set buy order at 1% price and than destroy walls with huge sell order and all stoploses are hitting your offer at 1% of value. Put here 1 atack like that from forex... Thats why on forex stoploses are mandatory beacause there is less risk with stoploss atacks.  BQX BNT and even XLM atack on stoploss. Just 3 finded in 3 min. Thats what im talking about. News has nothing to do with that. |
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Stoploses very often leads to looses because in this unregulated market coins price can jump -20% in 1s to jump back to its backprice only to eat stoplosses.
But this is exactly how the market works and that is why the stop-loss orders are made, so that we don't blow up our accounts immediately but to blow that particular proportion we want to lose in a trade as stop-loss. Imagine what would happen if the stop-loss are not in place and the jump happens? Im talking about atacks on stoploses.  This scenerio. Imagine where would you sell if you would have stop-loss on it? On the f... bottom with 1/10 of your investment because you order will appear in orderbook after this big order which eat walls and will be realised last on the lowest price set by this guy who attack. Stop-limit could safe you from that but stoplimit wont protect you from this scenerio:  If those red candle was set by 1 huge sell order becouse your order will pop in orderbook after realisation this huge order without realising yours (your stop-limit price will be too high. Thats why its very hard and sometimes very risky to set stoploses on unregulated small market susceptible for stoploss atacks. Whales also loves to eat stoploses because 90% of investors set it in the same place. Thats why when you are a whale you know execly where huge supply will apear. I bet that now 90% bitcoin traders have stoploss on one of those points : ~6050-6100 or ~5900-5950 |
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Hi
I have 300 Euro and want to make some profit . So i want to ask you all whichcoin i should Invest in. I want to Invest in Small Caps Altcoins so i can make quick profit, withhigh risk and high reward. Anyone have any suggestion.
Stay with dolar and w8 for end of bear market. Then go to cryptocallendar or coincheckup and jump into coins for newses. for example: coin is lauching mainnet in xxxxx 1- w8 for end of pump (after each news investors are running to jump in beafore others making pump and in fact jumping at the highest prices) 2- w8 for healty recover 3-jump in 4-sell few days beafore event. That is very high risk and very high reward tactick. |
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Stoploses very often leads to looses because in this unregulated market coins price can jump -20% in 1s to jump back to its backprice only to eat stoplosses. Atacks on stoplosses happend here every day. If you have possibility i would rather set some kind of allarm or monitor trade with "mind stoploss".
Forex, stock are regulated and -20% jump is not happening. There are also insitutional investors setting huge walls making stoplos attacks less profitable (that makes them happend less often).
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Hello everybody! People are trying to guess where is the final point of the current market dump I have a theory why bitcoin will go down to 5000-4800 levels, I'll try to explain my theory. It based on some observations of past markets 1) First of all, let's compare Market Cycle graph, Chart BTCUSD 2013-2015, and the current chart. I made an image, https://imgur.com/a/dKBcQ1H As you can see, a lot of similar points and in general they are VERY SIMILAR So, Capitulation phase is higher then Anger, Anger is higher then Depression That's why I can easily imagine, that the price will go below 6000 2) Recently I found very interesting graphics, based on comparison of the current price chart and Wyckoff charts https://imgur.com/a/opLle8OThis is the second reason why the price can go below 6k 3) So, where it will stop exactly? I think, we should keep in mind an area 5000-4800, because this is strong support level and also global 0,236 fib level, what makes it even more powerful https://www.tradingview.com/x/Ml9uJDfU/I think this could be the final destination Of course, this is nothing more than theory. But I hope that was at least interesting. Very nice, but i alwais try to find and explain to myself why would whale do that, where is his incom etc. 1) Market cycle graph just show how it sould teoriticaly looks like. How it is written in books. Makret likes to be unpredictible. Whales likes to hide their moves. But in most cases when there is no nonmarket risks (regulations, gouverments) or positive news this should like like that. So point for you  2) Wyckoff charts shows whale acumulation process. Simply shows the easies way to accumulate assets for whales. Those deep that you pointed is for causing panic. To buy last coins/shares on big volume. I think that whale already tried to dump below 6000 (during run to 6100) when he was stapped by big volumen (5k+ bitcoins in 5 min only on bitfinex). When i was reading about Wyckoff i also readed that those "spring" is not nessesary and sometimes happends as fake showing that this was distribution not acumulation process to caus bigger volume and panic.  this huge green candle. That gave this whale (and every other) a signal that he is not the biggest whale here. And those 6000 will be protected. Thats why i think that others wont try to dump lower than 6k as long as we are in accumulation process (it could also be distribution:) ). Thats why i think that if (according to Wyckoff we are in acumulation) than final try to destroy support to buy more cheep coins was already done and failed. Than we should go up from here. If we are in distribution process - and i doubt about it - than 5000 could be not enought for whale to strat buy again (only 20% profit) |
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In these days there is no risk in holding besides if you sell your holding then you will lose your money due to fall in the price. if you have trading experience and can trade positively then you should not just hold your coins, because you can make more money from trading. More time over the internet and knowledge about the market trend is valuable for traders.
There are dozens of risk in hodling strategy. If only you read whats in treat instead of posting after riding topic only you would know. 1- whitepaper is just a document with words. It can be copierd and change a little. Faked. I can create myown whitepaper in which ill write that tommorow ill be on mt everest.
2-team can be faked with fake twitter account with bought fallowers
3- code - who of us can check if code is ok? How many of currencies have working code now? Most of them are just concept without working product jet.
4- hype can be bought.
5- beeing uniqe dasnt give you certainty of beeing uniqe forever. 1 month after your investment there can be new ICO with better team, bought hype and with working product delivered faster.
6- you are newbie and you did fundamential analys wrong or didnt do at all just jump after hype or because someone said that its great investment
7- there are 1600 coins. More than 1400 wont survive next few years because they are not neseesary. Your decision must be precised and full of luck
Risk of holding established coins is smaller. You are still risking 100% of your investment too but with much less probability. But there is still vatious of risks. Lisk for example is contiously postoninig every think they promise. Team must be inexperienced though. You also throw here ETC, ETH, LSK - they all provide platworm for smartcontracts daps ets. In my opinion after years from now only 1 of them will survive. There is no need of 3x google or 3x youtube. And there is very high risk that the one who will surviewe after years wont be one of those tree because there is EOS STELLAR and dozens more. And few more new are beeing created every month.
ETH - as you see every succesed token (EOS BNB VEN) in leaving eth to jump on theirs own blockchain. ETH is not that scalable to hold even 1 huge project that reach mass adoption. And there are houndres of tokens on it.
Market looks different now. And will look different in next years. Hodling was the best strategy for 2012-2018 period. But there is no guarantee that it will be for 2018-2024 period. Perhaps it will be the best strategy for 2018-2020 and the worst for 2020-2024 for 99% of coins and still good for 1% of coins. We dont know it. Hope for the best but prepare for the worst.
But you dont see those risks because you see market today and think that it will remaint like this for next years. For sure it would change. Currently 1000-2000 new ico are coming to this market every year. You think that in 2025 there will be 20 000 coins? And your hodl coins from 2018 would still be there? I think that in 2025 there will be 100-200 coins but with marketcap bigger than whole market today. And hodling this coins will be the best strategy for 2018-2025 period. But the worst for other thousends of coins. |
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In my observation base on the coin market cap and some other source of analysis came from different people speculation price reach value for this 2018 reach more than 20k usd before end of the year same as last year 2017 price reach almost 20k usd but in my own analysis 20k usd price not reachable in this year, look at the price fluctuation and the price are in six month old bitcoin stay in the lower price of course they have possible bitcoin to increase in the market but not too much like the expectation AT 20k usd.
Yes... you have your analysis based on manny things but they have money. Just like i wrote in first post. If you would only read whats in treat instead of posting after reading topic you wont write that. Because this topic is about whales. Not analysis
We have supports, resistances, trendlines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is prepering for big moves etc. Alwais after any analysis try to think beafore transaction "isnt it a whale who is trying to push me into this trade by showing buy oportunity?"
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Yes. Dificulty was 1 then. Now its pumpung every day to current 4 940 bil. Knowing that currently mining bitcoin consume more than 71 terawatt hours per year with dificulty 4 940 bil with dificulty 1 it would be 14 wats? Is it possible or i miss something? 14 wats sims to be so small for computing this amount of transactions per year. It means that it is true that if every bitcoin miner will quit that 1 descktop computer could handle the load?
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That is not the strategy of the holder really. At least I am not looking after the whitepaper and stuff because I never invest in the ICO and then make holdings of those ICO tokens which are not even listed over the market.
I always hold those coins which are already listed in the market and are in good positions. These mostly includes coins from the list of Top 50 coins and some from beyond that. But only those who are getting good daily volume will be in my list for sure.
This makes the HODL very easy and way beyond perfect and risk free.
You invest long term in coins beacouse of current volume and position in marketcap. Its soo funny. I finaly met that guy who is alwais loosing money. I need to thank you. You are that guy who is buying coins from me few days beafore crash. You are buying from whales who pumped coins and sells on big volumens. And for hodl. Thats the funiest paart. In this tactick you can buy shitcoin without future with no chance to survive only because 1 whale pumped in on big volume. And you will hodl it untill 0... |
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market cap does not show "value" although people mistakenly use it as such.
for bitcoin it may be considered a good factor to measure and compare only because bitcoin is transparent and both its supply and price are real but it is far from real when it comes to altcoins. for example ETH market cap is about 70% fake because it has nearly that much premined coins which are not real supply.
Not only that, we should include that most altcoin in the market is running of with Etherium platform and only few percentage do have its independent platform where i dont even see the value with those coins being dependent mostly on it. Smart contract is good and innovative but its being used up too much. We cant really stop if total marketcap will go up that high i didnt even expect it would reach out hundreds of billions but well this is the trend now it even hits up on ATH on 800B. Funny and strange thing was that market hit ATH at 800B when bitcoin was in bear market since month. |
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