Good historic reference, dude. But having someone to pose a whale like that is like waiting a single drop of water in hell (at least not waiting for the hell to freeze tho). Even if I was quadrillionaire, I wouldn't think of investing that much in Bitcoin or I might not even entertain its existence. I might get focused up in investing in stock markets instead, or I could invest in crypto if I was such a tech-savvy but that is a situational thing to assume.
There is a legend in trading world about financial cartel. Group on investors with unimaginable amount of money. They speculate on almost every market from oil, gold, forex, stocks and perhaps now on cryptocurrency. 20k in 1 day is as unbelievable as existance of financial cartel. But 10k in 1 week made by 1 investor without any TA explanetion? Its possible as f.. Read about speculative attacks in history. There are examples when real currencies of real countries was pumped or dumped. That even push some countires into crysis. What is bitcoin in comperition to real currency. https://en.wikipedia.org/wiki/Black_WednesdaySoros made over £1 billion[6] in profit by short selling sterling. 1 bil profit from 1 trade !!. And you guys are telling that 40 bil is too much for 1 person to pump bitcoin  |
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trading risk and risk holding more risk hold, because if you hold it you can hold the coin that you hold will run delist so it will make you loss if coin mean too long.
Only shit coins can get delisted and may end up making you bag hold for a very long time but you would want to be smart even as a holder anyway. In this market, everything is risky. Trading is risky because the market is extremely volatile and without knowledge and being cautious, you will end up getting screwed which you would end up even losing much more but with great knowledge, you certainly get the best of it. All the above, holding is easy, as all you need is to do research on what you are holding, believe in the long term, forget about the mid fluctuations and come back in that long term to see how you have done. For holding, we do not need any big strategies and it may sound simple but definitely highly effective one. I don't know why this myth is repeated so often. "Trading is risky because without experience you will loose". So if newbie cames to the cryptoworld knowing that there is something like bitcoin and didnt even knowing what blockchain is can't trade on crypto because it need experience but for sure can do great research, read 40+ page whitepaper in english (it is not native language of every crypto investor), compare team, CODE, and finding out that this is great project, there isn't any better doing the same stuff, there isn't any project that will perhabs deliver working product faster. From first look he will know that some on statements in whatepaper are impossible to do etc?(it is very important because with 1600 coins currently and 1000+ new coins each year this market will for sure look totaly different after years) To invest first money he will have to read and understand at liest 50+ whitepapers (2000+ pages), get to know about 200-400+ cryptos to make good long term choise. I think good reaserch takes more time than learning trading. If i would campere risk in trading and hodling i would compere unexperienced treader with unexperienced hodler (newbie in doing researches). And even chosing hodl tactick its good to have basic trading knowledge to knew that f.e. january 2018 was not the best moment for investition even if coin was great. Thats why in my opinion trading with lowest possible bet is best option for newbie. While trading learning about coin that newbie want to trade at. Get basing knowleg about various of coins and then jump to HARDER AND RISKIER hodling tactic. |
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Hedging your cryptocurrency (Bitcoin) against price declines
Opening short positions is great way to hedge your cryptocurrency against price declines.
Consider the following example: The Bitcoin price is at 9000 USD and you own exactly 1 Bitcoin. You have the fear that the Bitcoin price could decline in the coming months and want to keep your USD value. This can be achieved by opening an unleveraged BTCUSD short position with a size of 1 BTC:
If the price falls from 9000 to 5000 you would profit with +0.8000 BTC. The total account balance of 1.8 BTC at a Bitcoin price of 5000 is exactly 9000 USD, your initial USD net worth. If the price rises from 9000 to 14000 you would lose -0.3572 BTC. However, the remaining account balance of 0.6428 BTC at a price of 14000 is again 9000 USD.
This strategy is used in different scenarious in my opinion. For example you would like to open possion on gold mining business but without risk of gold price change. Thats why you buy shares of the company and opens short position on gold. Now you have position that is based only on performance of company instead of performance of company and gold price. Or you want to open possition on korea market without risk of change price of its currency. Thats why you also open short position on KRW/USD If you have bitcoin at 9000$ and you feel that its going to fall than sell it. U had 9000$ bitcoin now you have 9000$. In your strategy you had 9000$ in bitcoin and 9000$ in short position on bitcoin (18 000$ locked in trades). Explain it to me how this strategy is better than just selling bitcoin ? If bitoin will go up you are earning on bitcoin position and loosing the same amount on short position. If bitoin will go down you are loosing on bitcoin position and earning the same amount on short position. Its the same as just sell. |
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Market cap = Current price x supply... it is a common misconception that the market cap is representative of dollars invested.. its highly under this amount.. for example Bitfinex has been dumping 2-3k bitcoins causing these bart candles patterns we've been seeing over the last couple of months... 2000 BTC is only curently worth 14 million, but if you sell these coins at market (along with arbitrage bots picking up on this data and correcting on other exchanges.. this one 14 million dollar sell can wipe 2-5 billion dollars off of the market cap. A lot of people don't understand this correlation.
Yes marketcap is like you said Current price x supply only. Like on stocks. But there is something that is not like on stock and im talking about that. Im talking about first factor of this mathematical formula. Current price is most often made by other cryptocurrencies (mostly bitcoin) instead of $. Made from the begging. From ICO (which suports btc eth) till now (most of volume made by btc-eth/alts). You have bitcoin pumped by $ to 110 bil$ (not pumped by 110bil$ but pumped to 110bil$ with unknown amount of $) and other currencies pumped mostly by bitcoin to another 190bil. instead of 300bil $ market pumped by dolars. That gives us circle of pumping. I mean that if only hypothetical you will close every possible way to invest $ into market and pull $ from market marketcap will continue to grow becouse new coins will be bought from old coins. And its price will be calculated through old coins. If you will do that on stock that not a single price would change and marketap will stop too. Im sorry if i wasnt clear enought in first post. Thats why total marketcpa is decrising that fast. Its not only caused by speculation but also because every altcoins price is based on bitcoin from begining till now |
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You are trading, juggling your coins between addresses and exchanges. You're risking compromising your keys, need to worry about the security of your computer, network, the exchange that you're using.
Hodler also need to worry about the security of his computer. I had a bad experience hodling. Initially I used to research for good coins and hodled them till it doomed. Recently tried short term trade and good with it.
. Lol, actually at some point we have all ended up having that bad experience but really you cannot blame anyone who is into holding because it is simply hard to understand the movement of the market if you are not a learned trader and you would not want to be gambling your position as that can actually give room for more mistakes and make you lose more. This personally made me to go through serious trading lessons on my own and it took so much time to get it right and a whole lot worth it as it is far better than just holding through. Trends will always change in between, and it is best to always take advantage of those trend fluctuations. Im sceptical to trends. Maybe becouse every asset i entered in uptrend it break it after few days to go to downtrend for weeks (my experience with trends U can have oposit). Trends are telling you that now we are moving up. But it dasnt tell you when it will change. And it can change everyday. Thats why i decidet to never invest only by trendlines. I rather try to find assets relatively cheap (if today something is cheap it dasnt mean that it is also cheap tommorow with the same price). For example if something was worth 100$ yesterday and 70$ today ill call it cheep. If price will stop at this price for next few days its normal price not cheap anymore. If it dasnt bounce perhaps it wont (very short term investments). For longterm investments i rather look for FA instead of TA. |
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Bitcoin at $20 000 tomorrow?This is absurd.Currently, bitcoin price is at $6500.There's no way that it can increase at $13500 within 24 hours.Even at end of this year it is impossible to reach that $20K margin.
It's hard to come to terms with the bitcoin price going up to $ 20000 tomorrow, while today it's $ 6300, if it's a month or more than a month, the bitcoin price could be as much as $ 20000 we want
I firmly believe that Bitcoin prices will hardly recover to $ 20000. The market is in a bear market in the long run, bitcoin prices have been falling continuously over the past few days and there are no signs of recovery, so it is very difficult for you to trade successfully. bitcoin and always have a concrete plan in the trade.
I do not think it should make you laugh. The post talks about a possible value of Bitcoin in future and it is entirely an economic question. I would say that it might not be possible for Bitcoin to cross or reach $20000 tomorrow or day after tomorrow but of course Bitcoin might cross the $20000 values towards the end of 2018. These predictions have attracted good investment into the market and as a result the price along with the stability has started rising.
No matter this extensive explanation this makes no sense to me. Yes, Bitcoin price can change very quickly and different factors can influence the price very harsh and quickly but such dramatic sudden change is not going to happen, at least not over night.
To my opinion Bitcoin will take some time to recover, maybe even a whole year or longer to achieve or exceed 20000$ peak.
But still it's nice to see your enthusiasm and optimism.
Its so sad. I didnt expect that this topic will show that most of users are here only to pump activity for bounty. All of you spam this topic without even reading whats inside of it ( and this topic is about beeing suspicious and thinking of whales as experienced poker pleyers who are here to trick us, bluff, and makes us dumb, and they have money to do insane and quite impossible things that noone could predict (like 20k in 1 day by 1 whale by 40 bil $)). All of you read only topic and write your spam about that it is inpossible for bitcoin to hit 20k (that was my goal). I also wrote it by myself and even bolded it in 2 posts. I chose 20k to make it unbeliveble but mathematicaly possible. If even this is possible than 10k in 1 week is even more possible. I chose unbeliveble bitcoin jump to show how unpredictible this market can be. If ill write 10k in 2 weeks i would not show how it is unpredictable. Even legendary and hero members ... So sad. It can happen, but I dream a market where nobody can manipulate like this. But for now, I hope those whales help us (but I believe they're the ones who dump and create fud to buy things cheaper) It's up to whales and major big holder company,if they choose to pump no matter regular trader try to dump they will increase the price or vice versa.so one would say no the price will dump more because of technical analysis but that not the case if they choose to pump or dump it ,your technical analysis will not work. And 20k is bit over expected ,I would say it will recover to 8-10 k if whale decided to.
In theory, it's totally possible but in practice, I think you're just dreaming. And IF it happens to be sure there are some people and media who will jump on to say it is confirmed there is a market manipulation with all kind of conspiracy theories.
The recent days are showing us all the weak hands who panic and sell their coins.
Thats for reading and taking part in discussion. I dont think that it is possible for market to be unsusceptible for manipulation. Even stocks and forex are manipulated. |
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I've seen this sentences in manny topics: "Bitcoin will never go below 6000 because its mining cost is in that range"or questions like: "What will happend when bitcoin will drop below mining cost. Will it destroy network?"and my favourite "If bitcoin price will go below mining cost then noone will mine bitcoins and bitcoins amount will stop to increase what will pump price"Ill try to explain this as good as i can and i hope to start bigger conversation to extend my knowledge. "If bitcoin price will go below mining cost then noone will mine bitcoins and bitcoins amount will stop to increase what will pump price"Bitcoin mining is based on lending computing power for bitcoin network to process transactions. When noone will mine bitcoins noone will be able to transfer bitcoins. Miner reward is based on: 1-bitcoin distribution - its constant amount set in bitcoin code. No matter if there is 1 miner on 1 PC or thousends of mining halls full of GPU (or rather antminers for biitcoin). 2-trasnaction fees - it depends on the number of transactions Thats why no matter how many bitcoin miner there are there will alwais be the same amount of new bitcoin each month. "Bitcoin will never go below 6000 because its mining cost is in that range"There is nothing that will stop bitcoin at this price when supply will be pushing price lower. There is no magic God's hand on market that will stop price and say "stop... no more... noone can sell now... bitcoin miners have to have profit". Life knows dozens of situations when production cost become bigger than market price. Thats why we have "unprofitable" word in dictionary. What will happend? Weak miners (with not the best hardware, not the best energy price, not the best management) will find bitcoin mining unprofitable first. They will stop mining what will lower dificulty for others and bitcoin mining will become profitable at lower prices (mining will be easier and also amount of bitcoin from distribution pool will be divided into a smaller number of miners". To be ohnest that might be good for our enviroment knowing fact that bitcoin network consume the same amount of energy as Hungary. "What will happend when bitcoin will drop below mining cost. Will it destroy network?"Bitcoin network will mine 1 block every 10 min no matter what. No matter if there is 1 PC running or dozens of mining halls full of GPU. Every 2016 blocks (exact 2 weeks with 10 min per block) bitcoin network is checking how much time was spent to mine 1 block. If it was lower than 10 min bitcoin network will increase difficulty. If it was bigger than 10 min it will decrise difficulty. "The target is a 256-bit number (extremely large) that all Bitcoin clients share. The SHA-256 hash of a block's header must be lower than or equal to the current target for the block to be accepted by the network. The lower the target, the more difficult it is to generate a block.
It's important to realize that block generation is not a long, set problem (like doing a million hashes), but more like a lottery. Each hash basically gives you a random number between 0 and the maximum value of a 256-bit number (which is huge). If your hash is below the target, then you win. If not, you increment the nonce (completely changing the hash) and try again." https://en.bitcoin.it/wiki/Target |
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I really think your reasoning is quite farfetched and quite impossible to happen, but hey. At least you gave us an actual explanation instead of posts like "bitcoin at $5k soon, trust me". Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten pasword, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on longtime hodlers etc. Lets say that we have 8 mil of bitcoins that can be possibly dump.
How do you even know that 4-6mil are "lost"? You can't prove that. Its according to statisticks. There is nothing to proof. It might be wrong. It might be 3 mil or 7 mil. Just grab source: http://fortune.com/2017/11/25/lost-bitcoins/https://fossbytes.com/billion-lost-bitcoins/https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-lost-mining-how-to-find-cryptocurrency-value-chainalysis-satoshi-nakamoto-a8091851.html4-6 mil was on page in my native language. Those 4 mil are also calculated months ago. This number is increasing everyday (and this is also indicator for future longterm bitcoin grow - if in 2025 there will be only 2 mil bitcoins rest will be lost price could be great). Im not talking that this will happen tommorow. I post this math speculation to show you guys that in trading world nothing is ceraint. Even best analysis wont predict you from whales that can change market dramatically.
Good aspect of this is that its imposible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this.
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?"
This post was not made to convince anyone that it will happend. It was made to show that even that never seen, unbelievable situation with bitcoin pump 200% in 1 day is possible. And even if it is possible than any other situation in smaller scale is possible too. Thats why we should alwais have in back of our heads that in trading nothing is cerain.
If you would read to the end you will see that i wrote it by myself that it is unlikely to happend but it is only example to show that in trading nothing is certain. Thats why i choose 20k in 1 day. To make it quite impossible. I could chose 12k in 1 week made by 1 whale and fomo noobs. But it wont be quite impossible and wont show how unpredictable this market can be.I really think your reasoning is quite farfetched and quite impossible to happen, but hey.
Yea just like i said. Quite impossible. |
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0 - Choose if you want to earn bitcoins or dolars. Dont mix it. You can't make 1 trade and say i earned 100sat on it and next trade and say i lost 100 sat buy earned 10$. Earn sat or $. 1 - try to chose coins that are good fundamentialy and at right price (dont jump into shitcoins pumped to top50) - chose some and trade on them only. 2 - fallow their twitter and telegram - news are gamechanger 3 - chose good, high volume exchange with low fees i suggest you binance 4 - as a trader with basic knowledge about TA all you need is experience. Thats why chose minimum bet (0,0001BTC ~ 6$ in binance) and make as manny trades as you can. Learn with every of them. What can possibly go wrong/ -10%? its only 60 cents with this bet. And what you will learn is priceless. If you will not earn on 6$ you will not earn on 1000$ 5 - Chose small candles (5-15 min) for beginig. Lower risk (there will be less waste after wrong predicion for next 3 5min candles than for next 3 1hour candles - 3h amplitude can be up to 10% 15min amplitude is up to 2%) and you will make more trades daily. That will faster your learning.When you will sucees on short candles you can jump to longer. (but look at all timeframes. If you are imexpirienced dont jump on buy oportunity on 5 min cadles if there is sell oportunity on 1h or 1d candles) 6 - Check daily amplitude before jumping in. Some coin have daily amplitude of 1% some have 10% (some are moving faster and others are in stagnation (higher risk higher profit)) 6 - In trading nothing is certain. There is no trader with 100% acurancy. Cut looses and move on to next trade. You did nothing wrong. Its just the one unlucky trade. Think about trading like it is work and lost trades are fuel to get to work. That will help you get over it. Problem is when there are more lost trades. Stop. Take a break and change strategy or take longer break. Mayby market is in this moment too much manipulated by whale. 7- Dont jump into fomo. You can trade on waves after pomp on panicked noobs 8- Buy fear sell hope |
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Yeah all of OP's explanation are all useless in terms of increasing the value of bitcoin the title seems of so I've read it thoroughly and to find out the he says "I'm not saying it will happen tomorrow" is unlikely. To increase the value of bitcoin to atleast a $20000 it need atleast half a million dollars or more to support the masses as they hold.
realy? Half a milion dollars to do this pump? Hilarious. What you say is a possibility, but just unlikely to happen on a large scale. It also doesn't last as we have seen. Don't forget that the more professional the parties involved in Bitcoin are, the more strategic planning is involved.
If we look at why these crazy bull runs are separated by years, it becomes clear that accumulation is a very slow process in a market significantly lacking liquidity in all aspects.
Whales will only buy up the market with confidence if they have a significant number of coins already, which should make sense. Currently we're back at the initial accumulation phase, and we don't know how long it will take.
Agree. Acumulation is long proces and this is only thing stopping whales from pumping bitcoin to 20-50k now. Because this market is not that deep. As i wrote even 1 person can change it dramatically even pomping to 20 000$ tommorow (if he will see good profit in it - and good profit will be achived when he already acumulated enought bitcoins). But when you think that bitcoin is 6 yo whale could be buying from 5$ till 1k$ then pumped to 20k where he dumped 20% of his bitcoin (only that amount he managed to dump). Now he only need to rebuy this 20% to pump to 50k where he will again dump as much as he can. This post was not made to convince anyone that it will happend. It was made to show that even that never seen, unbelievable situation with bitcoin pump 200% in 1 day is possible. And even if it is possible than any other situation in smaller scale is possible too. Thats why we should alwais have in back of our heads that in trading nothing is cerain. |
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Every move you make in life means taking a risk. I'll do a little comparison to help you understand my point.
I'm holding, my coins are in crypto because I don't trust my government and want to have a safe stash in case something goes wrong, like a war, bailouts, country wide crisis, or anything that will result in the government trying to seize my money, like my personal bankruptcy or debt. I don't care about short term value of my coins and know my investment is safer than in a bank.
You are trading, juggling your coins between addresses and exchanges. You're risking compromising your keys, need to worry about the security of your computer, network, the exchange that you're using. You waste time monitoring the price every single day, you set alarms to tell you about sudden movements. Sometimes they wake you up at night. And what about the indicators? What if you buy or sell at a trap? What if you buy and there's an unexpected price move like the one by MtGox trustee? You sell at a loss?
Don't get me wrong, you may be making money on this, most likely more money than I'm making holding my coins, but that's just your way. It's by no means safer or better than my way.
Agree in 100% My point was not to convice anyone to trading. My point was to show that even strategy sugested for newbies as "the one with the lowest risk" is risky too. Personaly i hold bitcoin too and trade it with alts when i see good oportonity to increase my hold coin amount. Holding has nothing to do with getting scammed by an ICO, because if it is not legit you will be screwed over from the moment you invest in it because it won't even make it till the point where it is going to be listed on exchange sites, so your point of you is somewhat wrong, however holding an ICO token could have many risks as many people tend to trade them as soon as they hit the exchange, in fear of its price rapidly going down, but some good ICOs are actually worth holding for a long time sometimes.
Even ether can in next 6 years go to 0 or close to that. This market since than will probably hit mass adoption. When that will happend only best projects will surwive. In this moment ether is not scalable enought to handle 1 or 2 good projects working for mass. Thats why every suceeded token moves on thair own blockchain (eos, bnb, ven). There are others doing the same as ether (stellar, lisk, eos etc.). But those few who will survived since 2024 will be shown as examples that hodl was best. Noone will remeber ether then if ether wont win. |
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OP is right when it comes to buying and holding altcoins. Most of them experience a point of hype wither at the beginning when they are being launched or somewhere along the way when the team floods the media with false promises. This is their one and only pump. If you catch the wave you're lucky, if not, your money is gone.
That said, I'm a Bitcoin holder and I will defend this strategy. Sure, if I knew what price it will land on, I would have sold and bought some more cheaper, but holding makes you detached from the market in a way. I don't have to check the price daily, I don't have to worry about anything. My investment is giving me passive income, without the need for any action and without any risk. There's no risk because my investment is already worth over 20 times more than it was in 2015.
It means that now you are not risking your investment. Now you are risking 20 times more than you invested in 2015:) I would love to be on your place but it must be also hard (1 lambo, 2 lambo, 3 lambo, 1 lambo) . This topic was made for newbies who enters the cryptoworld and see advices from society "if you are newbie than chose good coins and hodl till profit, its safer than trading". I wanted to say that hodling might be even riskier. Profit also goes with risk. You took huge risk in 2015 and now you have huge profit. Hats off Hodling was good strategy for 2012 - 2018 period. Everyone who enters the market must know that it is not quarantee that it will be good for next 6 years for every coin that you consider is good. |
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Its not troll topic. Its math speculation and opening to bigger discussion. Now let me explain this nonsense from topic: Currently we have 17 mil bitcoins according to statistics 4-6mil are already lost(forgotten password, burned during wrong transfers etc). That gives us 11 mil of bitcoins. Few mils are stuck on wallets where they have to be (for example mt gox wallet), on long-time hodlers etc. Let's say that we have 8 mil of bitcoins that can be possibly dump. Now imagine that 1 whale came to the market tomorrow and set buy order on 20k with 2 mil coins (500k to eat walls and 1500k to show that you are not the gay that others want to mess with ) - 40 bil offers. Is it possible? - Warren Buffet has 80 bil $. Most of them are locked in investitions but its only example How many of those 8 mil would be dumped in this situation? How many fomo investors will jump in? I think that those 1.5 mil coins won't be eaten (many investors seeing that big wall won't sell). Some of the traders will move their offers above that huge wall to be able to trade at all. What if he would do this pump after first good news (redtube supports bitcoin  ). Society will make dozens of video and posts on forums that this caused bitcoin to moon. Why would he do that? Imagine he already has 1 mil coin bough from 5-5000$ (this makes 7 mil not 8 possible to dump). Selling them now will cause huge dump. After this huge pump he would be able to dump everything on higher prices. Shittalk and none would do that? This scenario happened in smaller scale 12 April 2018 when we had pump from 6900 to 8000 in 30 min. Someone just came to the market and said :"From today we trade at levels 8k+. If anyone disagrees you are out of trading for next months". Some of the traders and holders disagree and tries to dump their coins on him (that's why second candle after this pump was short with high volume). Im not talking that this will happen tomorrow. I post this math speculation to show you guys that in trading world nothing is certain. Even the best analysis won't predict you from whales that can change market dramatically. Good aspect of this is that its impossible to do that in south direction. Because if someone would use his few mil bitcoins to dump to 1$ there will be whales who would buy his few mil cos for few mil $ and stop this. We have supports, resistances, trend lines, RSI but they have money. We should start to think like a whale. Thinking where he is trying to trick us. Where he is preparing for big moves etc. Always after any analysis try to think before transaction "isn't it a whale who is trying to push me into this trade by showing buy opportunity?"
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there is no such thing. You can see buy oportunity on 5 min cadnles and sell oportunity on 1h candles and again buy oportunity on 1d candles. When you invest seeing buy oportunity on 5 min candles you grab quick, small profit with low risk. When you see buy oportunity on 1h candles you are making less trades with higher risk. And so on. How the hell you want to daytrade (making lots of trades during 1 day) on 1 day candles ? 1 min candles - thing are goint too fast for normal user 5min candles - i love to trade on them. You can open trade for few min and grab qucik small profit with low risk. Good on bear market. 15min - 1h - longer candles bigger risk and higher expected profit and less trades per day better for stagnation and bull market 1h-1d - not for daytrader. But there is no ultimate best strategy. |
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Akcepting loss is also important. Knowing that in trading nothing is certain. There is not a single trader that have 100% profitable trades. Thats why when you are trader you should consider your trading as a work and lost trades as a money spend on fuel to get to work. That will help you get over it without emotions, skip loosing trades and move on to next trade because you can do everyfing correct, made best analysis but still fail. Thats how it works.
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And we have more than 1600 coin now on market. And even 1000-1500 will be created in 2018. Almost everyday i see up to 3 new airdrops/icos. Its very hard to predict which of them will succed in years.
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if you have bitcoin you want to pull your orders from altcoin market and move it to bitcoin/fiat market to sell so that you have money when the dip is over and buy at the bottom and in the end have more bitcoin => profit
if you have altcoins then you want to dump them mainly because you know they are going down but also to have funds to buy bitcoin at the bottom => profit
I think that these are reactions of trader who is 100% certain that altcoin will drop during bitcoin drop. Thats why he is droping profitable open trades to have fiat to rebuy bitcoin when its reach bottom. If altcoins would not fallow bitcoin he could stay on his alt possition and sell at bitcoins bottom to jump there with bigger amount of fiat. Altcoins would act oposit to bitcoin. But he is 100% sure of that becouse of economical correlation. Thats why he is droping good trades adding extra dip and making altcoins drop 10% when bitcoin drop 5% |
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do someone know how to trade and get the most profit maybe some skillz of trading or which are the best coins for to trade and their own best daily best changes flaquations up and downs which could it be maybe all about best profit ways to get on a trade ....
All you need to know is that nothing is certain. And your investment should be protected and appropriate to risk taken. You can do the best analysis and grab loss which will grow with every minute. Thats why you need strategy. Market is different everyday. Thats why there is no ultimate alwais win technique. You need to get experiene. To do that take lowest bet (0,0001 btc ~6$ on binance for example) and do as many trades as you can. What can happend? even if you will lose 10% its only 60 cents. And how much will you learn for those 60cents is priceless. If you wont be able to earn on that 6 $ you want be able to earn on 600$. Thats why if you dont have experience (or you have little from stocks) dont take too much risk (low marketcap and high daily volatility coins or too big bet). |
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