Exodus? Jaxx? MetaMask? BlockMarket? Online Hosted wallet that I pay for?
Id rather use an offline wallet but who can be trusted other then nobody? But if I had to trust someone?
Would you use an online wallet or a cold wallet? I was thinking to setup a wallet on a spare pc and take it offline?
I have alt coins? Just looking for opinions on what people have used?
If i do plan to hold it for long term and doesnt really tend to touch it actively then i would go for hardware wallets which you can able to store up coins which is more secure compared on storing into online wallets but before on buying hardware wallets be sure to buy from the company itself directly and never ever risk to buy from resellers online.If you do know the happening towards ledger nano hacking incidents then you will really see the risk. |
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Do technical analysis work with crypto? Are they really helpful? What combination of techincal analysis do you really use? Also what are their settings?
Thanks!
Technical analysis is an educated guess. Works or not works depend on traders who are using them. As a beginner don't get into the complecated technical analysis patterns. Start easily by recognising the support and resistant levels with some indicators like RSI and MACD. Buy at support and sell at resistance most simple way. This is the most simple technical tools to be considered or being used in trading while we are just starting up or completely newbie. Knowing the basics is the most important support and resistances level identification drawing up trend lines and using RSI,MACD,BB,EMA would really be a good tools but not a guaranteed thing that you can able to make precise price movement assumptions. |
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I do not agree with you, it may be better for a company to have a product when you invest in them, but many icos have no products do not mean that they have no investment value.
For example, ETH just came out with only a white paper, but still very successful.
I don't agree with you. Some projects are just coming with ideas without realization and they collect millions of dollars. Only limited number of them are coming with really working products. But talking about on the fact that we do see successful project which dont have actual or working product in the past which they do only have projected and assumption but yet some of them made it to their proposed targets which we can still able to trust project which dont have working product as long their goals is somehow realistic then its really worth to risk on since we do know ICO investment do still always have the risk on losing money. |
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Based on a study the success rate of trading are the following: Day Trading Success Rate = 5% Day Trading Success Rate with a Mentor = 10% Day Trading Success Rate: Men Vs. Women = 40% success rate for Women 3.4% success rate for Men Having this statistic why's is there many people still got hook up with trading? Is it the thrill of uncertainty excite us? Disclaimer: The study conducted based on the traders in stock market here's the link - https://vantagepointtrading.com/whats-the-day-trading-success-rate-the-thorough-answer/This is not accurate in numbers even you are pertaining to stock market trading those numbers isnt really reliable at all. 5% success rate is somehow ridiculous but somehow understandable yet day trading is very crucial and technical.If stock market do give you slow success rate how much more into this crypto world but i do still believe that there are more lots of hodlers compared into day traders. |
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It is extremely hard to make any predition, unless you are a big whale who knows how to move the markets in your favor. Only sometimes if you are following a certain coin and know if there is some important news coming up, there is a chance that that coin might go up if it fulfills a certain part of it's roadmap successfully. Like they say buy the rumor and sell the news which often happens in these volatile crypto markets. We see this happening with many coins all the time and every day non stop.
I don't think that whales are predicting anything since they are the ones who are moving the prices on where they want. Whales doesn't necessarily need to predict something as simply their huge position is enough to do something in order to move the prices of Bitcoin. Also news are somewhat not really good anymore unless it is a bad news where it can seriously help bringing down the price. Just like now where people are saying that the Chinese New Year will be a day where Bitcoin will go up, many people are now connecting anything to Bitcoin in order to create an influence of some sort. The only way to do things right is by technical analysis where you can minimize your risk on your trades. Fundamentals would really always give an effect into bitcoin or any altcoins in the market which people would easily connect specially when theres new or even fuds which they do react on their holding positions which either they would sell or buy even more. Predicting prices is somehow hard specially theres big market players behind it and as a small time trader we should really know on how to ride in the waves. |
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Trading is for those who wants quick profit but it is more risky so you need to learn the art of trading first before you trade. if you are still a beginner in trading, there is always a possibilty of losing an investment in trading and you should only put only the amount of money that you can afford to lose. Hodl is a better choice but you need to wait til the price of the coin go high.
Cant really avoid the fact about on those new people who do just decide to join trading for the sake of quick profits which they dont tend to hold it for long which is the reality on most cases which would result into losing up of money.Theres so lots of things to be considered first before jumping into trading field its up to case if it would be needed to hold or to trade depending on the profitability. |
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I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto?
That's bad for us as community cryptocurrencies, i hope we don't blame the cryptocurrencies due to this accident and i don't think cryptos trading addiction, the main problem on the guy in Moscow he can not take control when investing in cryptos trading, should the people who want invest in cryptos, they must know about the risk in trading activity and never invested all of the money. It needs knowledge about management of money and risk in trading cryptos. Emotion is the main factor why he decide to jumped out of the window which he didnt able to handle out the stress that it gives specially when we are on the losing side. We dont know whats the actual reasons but most likely losing huge money on this kind of case which might be possibly his last resort or last shot to invest and then suddenly lose it all and where stress,anxiety,uncontrolled temper would set it which it results to suicide. Yes, should the people who want to invest into cryptos coins especially in trading alternative coins, will be better to know about the psycology of trading, it will helps for traders to take full control of their emotions in trading activity and it will helps to be sucessfull in trading activity, unfortunately there are no many people who know about the psycology of trading and there are no many source of information that talking about the psycology of trading, so the traders must learn by them selves about it. Self learning should really be a responsible thing that should be done by a certain trader if he found out that he do still needs more knowledge when it comes to trading field then psychology aspects should really be learned and knows how to control because this is one of the factors that majorly affect traders specially into common scenarios that do happen on trading battlefield. |
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 Today in bifinexx, is the biggest highest bullish volume in the last years of the BTC, in daily temporality. It's time to buy Bitcoin¿? I say definitely yesss. And you? Bitcoin has certainly started it's recovery and finally people's nerves would be calm.Though it is gradually increasing but still it is increasing and main reason is it is not decreasing after certain time.The increase is from last 3 days and itt shows that this increase is stable.Soo it is good news but i is just a beginning. Cant argue with that and we are really seeing it on past few days up to now which it do recover gradually might not be on big movements but we do see steady and slowly. There might be some pullbacks but eventually it did able to manage to go up. For now seeing on technical analysis having that volume would really somehow give me the chills on intuition to buy bitcoin while its still low as of now. |
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I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto?
That's bad for us as community cryptocurrencies, i hope we don't blame the cryptocurrencies due to this accident and i don't think cryptos trading addiction, the main problem on the guy in Moscow he can not take control when investing in cryptos trading, should the people who want invest in cryptos, they must know about the risk in trading activity and never invested all of the money. It needs knowledge about management of money and risk in trading cryptos. Emotion is the main factor why he decide to jumped out of the window which he didnt able to handle out the stress that it gives specially when we are on the losing side. We dont know whats the actual reasons but most likely losing huge money on this kind of case which might be possibly his last resort or last shot to invest and then suddenly lose it all and where stress,anxiety,uncontrolled temper would set it which it results to suicide. |
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yeah, it's good since not all new traders are expert there are some traders fail if the attitude of being patient is not on them because more traders more demand and bitcoin price will go up.
Any new trade entering the market should do prior research to avoid this from happening. As soon as they buy some coin for the first time they will be wiped clean of profit because other people will sell at the rise. This can be prevented by patience. The trader should keep the money ready to buy coins but do so only at the dip. However it is not always possible to consider all this factors and specially if the person is newbie in trading. However patience is often the key in trading and making profit in trading. On these kind of scenarios when we do still a newbie then most likely we would end up on cutting lose but if we do already learn from this situation then we would eventually hold up than on cutting lose and to get rid of huge gap on entry price then we should really always buy at the dip so that average entry price which would really be much lower compared into the original one. Having more traders is always good the more the better. |
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This is great, don't put all your eggs in one basket so that you can recover if you lose in one investment. Sometimes many newbie's are believing hear say on telegram or social media so they fail in trading. Make your own strategy on trading.
Telegram groups are not advisable if you're a newbie trader since a lot of these are pump and dump groups where you really won't learn anything. Its still best to do your own research and accumulate experiences by yourself. There's no shortcut in being an effective trader and failing is always a part of it Telegram groups arn't advisible for anyone. Basically the people running the telegram have bought coins already and the purpose of the telegram is to persuade other to buy neatly eating up the owners sell orders so he can cash out at a profit. No matter how experienced you are, you are going to get stung. I agree on what you have said its not really advisable to join up on those telegram channels because theres no such group could able to dictate and do guess on how the price would go but rather owners are just using you up just for you to buy and when the price pumped out they do sell out for profits and leaving those users who do join up the group. This is one of the fails if we arent wary enough and would rather trade up on our own and do our own assignment. |
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I see a lot of bounty programs on the BCT, but I do not know which bounty program is good, there are many fraud programs. Can you give me advice ?
This question is being asked on most people who do join up bounty programs since we do really like to join into those legit projects but the common question is which one? No one really knows since we dont know which projects would succeed or would fail this is why as a bounty hunter we should really know how to research into things so that joining up and choosing trash project would be somehow avoided. |
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I am calculate the profit from trading altcoin using percentage. That's to say, whatever funds i put into trading even for $14 (as you mentioned), that's enough. As long as we are observant to see price movement, then we can achieve good profits.
$14 is actually good to start investing into trading with some good altcoins as holding some coins for long term can be much profitable. Some good altcoins are at a good dip for now and it can eventually rise some or the other day which can usually give huge returns and even some coins rise up by 5x to 10x which will just multiply your amount. Also $14 can give you a $100 profit if you have good patience and you are ready to invest and forget about the coin. Day trading can be profitable for fast but small profits but I won't prefer day trading with $14 so try to get some profits from that 14$ and then you can start day trading and long term trading in percentages to get you huge returns. $14 is enough for anyone to start your trading but it won't actually give them that good profits indeed as $14 is not that big amount and some of it is lost into the transactions fees itself. As OP is new to trading and the cryptos worlds, he can try getting some more knowledge and also try to start paper trading rather than investing your funds into trading. He can move on to trading with his funds once you have good knowledge about trading and also once you start having good profits in paper trading. Paper trading won't actually give anyone any profits in return but indeed it will give them good knowledge but what actual trading is and also they can start getting good experiences which will again be profitable for the future. With that small amount, he may use it to practice trading. Although there's a chance for him to lose this money, he would still be able to gain experience and learn how to trade from it. Since he's just new in the btc field, I suggest that he should first learn about the basics of not only Bitcoin, but of other cryptos as well. You're going to have a hard time trading if you have little knowledge of the coin. It's also good to be always updated so you have to get used to constantly feeding yourself information and constantly learning new things. Using small amounts on the very first time would really be always suggested. Dont ming on losing that money the important thing is that you should really learn from those small steps. Analyzing and gaining experience is a must this is why we should really observe and learn from our past mistakes.I agree on the suggestion that we must really know on the updates on the coins we are trading to so that we would somehow know on the possible movement it may go. Fundamentals with little bit technical analysis will help you out. |
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Day trading is a very risky and stressful activity, with a lot of adrenaline, so I understand if you don't like it.
But with a so high volatility, if you are a skilled trader, it can be your passport to riches.
I have tried day trading when I was just a newbie in trading it is not really a good thing to do especially trading a lot of coins, so I think if you don't want a daily stress and don't have much time then don't do daily trading, just choose wisely in which coin you want to invest at. But, for me life is risky it really just up to us how we are going to deal with everyday battles. Life is very risky specially when it comes to investment which trading do really involve on risking out money to earn money and when it comes to day trading it wont really be an easy thing because you do really need experience for you to get profitable with it and it doesnt really suits anybody to do such thing. Might be working for others but most of the time newbies cant really get this thing right away. |
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I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
Fake coins? When we do talk about fake coins then usually these dont have value since they are just fake but we do all know that there are clone coins or shit coins in the market. They might not be fake or just cloning to each other but yet they do have still value but considered to be trash or useless at all. If you do pertain about shit coins then you should really avoid on buying up these coins if you dont like to lose up money. |
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Newbie in cryptocurrencies trading are just buying coins that is hype by the news, most traders now are not for a long time a just doing day trade.
Hype is the one they are into and then dump in just some percent up. i still admire those PRO that are long time holders who are based on whitepaper and road maps.
Traders can be classified either on short or long term basis.The professional on handling it would really be depend on how you do profits on either situation on how market moves. Traders can easily transition into shorter trades when they do saw some gains on a short period of time and sometime they do long term hold and accumulate as much as they can when they do saw potential.It does matter on a certain trader skills. |
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When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)
Nice diversification but i would advice to add up some amount to be saved. As long you do take your capital out then we are just solely talking on profits side then better to put up 10% on savings and 10% on ico then 10% for buybacks 10% for re-rolling. This would be a good allocation of funds or profits being made but well it all depends on your decision since we do have different priorities in life too. |
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2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
These two things is my common way on handling on these kind of situations on where i do always pull out initial investment and leave out the profits and re-roll it and if im profiting then save up for back up funds. It do really help me on these kind of situations specially when theres a crash.
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what actually happens why altcoin all red blush
this is a Q of a beginner  well i will tell you, the best part of a dip is to hold and buy more. selling your tokens at dip will never help you and will just make you more miserable in the future. how did i say that ? well, you are not looking of future but the day now. cutting the holding will give you a headache soon and i am pretty sure of that. well, you are new and experience is the best teacher. so wait and be miserable. And i do bet that most of us would really come into that state on where we do cut loss specially when we are still newbie into this field and i do agree on what you have said on here that experience is the best teacher which means on next encounter on these kind of situation we would eventually know on what are the things we should do which is to hold no matter what and doesnt tend to cut loss. |
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Offcourse, ICO at the end should be on exchange. But every company not sure it is fast or slow on listing their coin. All of that is according to the roadmaps time. Like Boscoin, it is so long time can deposit in HitBTC. I think all have process for listing. Be carefull in joining ICO if the company didn't trust. Hopefull all investor get profit in their invest when the coin listing in markets.
Listing a coin after ICO is just really easy because this thing would really always matter on how the team would push this up to be listed and we do all know some exchanges doesnt really have strict requirements for a coin to be listed. A simple voting or a certain amount paid up for the coin to be listed is already sufficient which the same thing being mentioned by Avirunes above which is actually true. |
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