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4981  Economy / Trading Discussion / Re: Trading Tips for Traders here on: January 03, 2020, 03:08:30 PM
Before you begin read, I am not an expert nor am I here to turn anyone into professional. So the basic aim is to just add some sense that I was lacking when I started my trading career.

So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.

to be honest, when I start trading I never read any article sources. but learning with who experienced it is easier to understand. actually the simple way of trading is that you enter at the right moment and take profit at the right time. in the sense of buying cheap and selling does not need to be too expensive, you should be able to see how the current market situation. the trading practice is necessary because the theory of trading is very different from the lessons when schools. remember crypto trading has a definite risk of loss and you must be ready about all the risk
That it really makes sense...Buy every dip? People never think it was right or wrong. Many traders are just putting into their attention about the price, when to sell and when to buy but they just forget to see the perfect one. Trading can be sometimes it plays with luck. Why? Its because no one knows what will happen next. Buying Bitcoin today and it pumps tomorrow, that was luck IMO, it gains instantly but unfortunately, it never works all the time. That is why, if we have knowledge about technical analysis(TA), it helps us to increase our profitability in trading.
4982  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum Big PUMP.? on: January 03, 2020, 02:42:10 PM
Actually, even though an expert predicted the possibility of a big pump on Ethereum, I am not really sure it will happen exactly. But anyway it is good news for us, especially for Ethereum holders. To be honest, I want to see it will come true along with the launching of Ethereum 2.0. Yeah, Ethereum has a true reason to move up this year.

*Read: https://www.cryptocointrade.com/fundamental-analysis/ethereum-2-0-roadmap-price-predictions/

There is no harm if the speculators have their own reasons for championing the Altcoin they hold. Certainly, Ethereum is one of the many holders of coins and they have high expectations of rising in 2020. considering that Ethereum prices in the last 2 years are still falling and far from ATH. And hope in 2020 is not only Ethereum, but many traders also hope that popular coins will recover
We can't remove that kind of optimism, people are still positive for their fortune with Ethereum but couldn't think that it wasn't good compared before. The has a lot of challenges and it also includes a strong market competition.
This is year is full of hopes, not only for Ethereum but of the entire market. But for now, it won't warrant anything that this halving will help to uplift the market condition and shows some twist.
4983  Economy / Trading Discussion / Re: Profitability of Trading Bots on: January 03, 2020, 06:36:03 AM
I don't think anybody would consistently gain profits just by using a trading bot. It needs some effort too to get regular profits.
I think trading bots need regular tinkering in the way it works. Bots are meant to work in the same way until their algorithm is changed.
The trend keeps changing from time to time and so it becomes a necessity to adjust the algorithm to earn better profits.

Bots act according to the signals that they may receive, it all be done by their own understanding not the one that used it. Having this kind of works it actually giving beneficial to traders for not spending more time in trading and they all just depend on the bots but not sure if it really works for them.

And wondering if someone who used this one could tell something that they are profiting. Cause most of us here not really familiar to this and this is also expensive which many traders would prefer to do it manually rather than to buy trading bots.
4984  Bitcoin / Bitcoin Discussion / Re: Bitcoin kicks off 2020 more secure than ever as hash rate hits record high on: January 03, 2020, 06:11:09 AM
I'd find it not too strong to push for Bitcoin price to move high. Though is something signifies that we will able to see a market surge in the coming days but the hash rate can be often to change every now and then.
It was too early to celebrate and believe me or not, the market won't go that straight high, we are still be experiencing downfalls before we top for another high IMO.
4985  Economy / Trading Discussion / Re: How to make big profits from exchanging bitcoin to altcoins on: January 02, 2020, 11:48:33 PM
It often to see this kind of group trying to fool noobs and be their prey.
I was a victim of this thing before and the time I realize that I've been played by, I could say this is the last time...won't happen again.

I hope noobs could realize that this game won't end up profitable to their part but a losing ends. As most of us here say, no easy money here, it only comes to us when we work hard. Nothing could help us in order to become profitable, not this pump and dump signal groups but just ourselves. That is why think first wisely or this group will fooled you.

4986  Economy / Speculation / Re: Moving away 2019 and looking forward for 2020. A Bullish or Still a bear season? on: January 02, 2020, 11:05:22 PM

I'm not really the type of person that will expect something to happen this year.
Yeah, it is really hard to speculate something of what is coming and I know that expert also struggle the same.

Either bull or bear, pump or dump, the usual price swing, crazy price movements, etc. the same approach and practice should always be done and that is "continuous accumulation" no matter what.


It happens all the time and the bad thing is that we don't have a choice but to accept it. And those who never understand its volatility will end up their journey here in crypto shortly. Many will quit because they failed their expectation and a few will only survive, and that is the reality.

The coming years will have a lot of surprises for sure, it all be a question either we go up or down but that is the most common thing to happen. Nothing has to assure about the bullish again until we finally experience it.
4987  Bitcoin / Bitcoin Discussion / Re: Earning Interest with Bitcoin? on: January 02, 2020, 10:43:49 PM
It is possible to earn interest when holding bitcoin. I'm holding bitcoin on Gate exchange and put my bitcoin for lending. The interest might be low, but this is a good way to earn more bitcoin for just holding. Some other exchange also have this option, you can check out Binance and polo. Grin
Some exchanges offer such interest when you put you bitcoin or altcoins but not all exchanges have this.

https://coinsutra.com/earn-interest-bitcoin-crypto/ Here we can see a list of exchanges that offering such thing and quite to see that some reputable exchanges never did it. But doing this is still a big risk cause anytime you could possibly lose your coin especially when that certain exchange will be hacked. I know that worth of money but I don't think that was a good idea to put our Bitcoin to the exchanges for a week or more.
4988  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum Big PUMP.? on: January 02, 2020, 01:04:06 PM
I couldn't see it not but of course, they're still hoping for the next step. It is actually needing more time to accumulate the bear season and change its direction. But for this time being, nothing to have a reason that Ethereum will be skyrocketing. The market is still at dumping scheme, it may a usual thing to see but couldn't lose my hopes that we will see the horizon for this. Might be the bullish market will show up because of the upcoming halving or we just stay the same last year?
4989  Economy / Speculation / Moving away 2019 and looking forward for 2020. A Bullish or Still a bear season? on: January 02, 2020, 07:05:17 AM
Throwing back last 2019 and to see how Bitcoin price moves...

We started last year at $3,300 dip( January). The market starts to move slowly high and even reach $9,000 in the 2nd quarter ( that was amazing). May the favor has given to us and the price keep moving high after a short fullback and finally got the highest price at $13,880 in the 3rd quarter. We think that it could be the start of Bullrun and everyone pretty excited but that just a short stay and it drops down until we stabilize at $7,000- $7,500 before we end up that year.

Source Link: https://www.coindesk.com/a-year-after-bottoming-out-at-3100-bitcoin-is-up-127

For me, it wasn't bad at all. Though we are not able to hit for another ATH but at least the market could still manage to hit the price st $7k plus ( it was double from where we start that year).

Now, we are looking forward that this 2020 is another big hope for everybody.

And ask if there is a reason that could help for bitcoin to grow or we just stay the same? Any thought...
4990  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which will be the most valuable altcoin? on: January 01, 2020, 11:29:36 PM
I've preferred to have only ETH and Bitcoin to hold. These two mostly I trusted with either for a short-term or long-term investment.
I'm not particularly considering only the price but also to look forward to how it becomes unique and special among the others. There is something within Ethereum that could surely help this coin to soar high in the future which the others don't have. 
4991  Economy / Speculation / Re: Should I Buy Bitcoin Now? on: January 01, 2020, 11:07:01 PM
If you believe that it will save your ass and make money on it, there is no reason to decline such an opportunity.
The price is cheap and a good time to buy Bitcoin. That was a good idea but just ask your self what if the market will continue to dump next year? Can you still manage to hold or just sold it and quit?
That was a big question. Before buying Bitcoin for the investment we should also know our capability to accept losses and challenges along the way. It all not be an easy profit generator, it all comes from the way we manage it. 

4992  Alternate cryptocurrencies / Altcoin Discussion / Re: Are stablecoins a definite solution against a bear market? on: January 01, 2020, 10:41:40 PM
Gaining during the bear season it was a horrible thing and makes people decide of having stablecoins for investment. Quite that right but be in mind that all these market changes will never stay for long, this was a temporary and it all just coming back to rise again. May holding those stablecoins is another option to gain and to become more profitable but if you are doing smart in trading you can still generate profits even during the bear season.It was not a perfect time to sell but a good time to buy if you still have money to risk.
4993  Economy / Trading Discussion / Re: handling bitcoin volatility on: January 01, 2020, 12:59:39 PM
Everyone who has ever traded for more than a couple of hours have had episodes where their trades are wrecked because of bitcoin volatility reflecting on the whole market.

What tips do you guys have regarding protecting yourself from bitcoin sudden moves?
At first don't panic. Because panic will cause us to sell our coins in lose position and then lose our money in it. I can said that because i always panic if see bitcoin price move suddenly. Maybe my strategy for now not really see bitcoin price because i must believe that bitcoin price will increased someday. So i don't need to panic anymore especially when see bitcoin price dumped.
Panicking doesn't have a good result but all on negative sides. This kind of human feeling will always lead to nothing and that is why those people who have been controlled by their emotions will never succeed. If we trusted bitcoin since from the day we invested this coin, I don't think we should have to be panic. Don't let our emotions controlled us, we should have to think the best solution rather than to easily quit and sell our Bitcoin cause of fear that it all be gone.
4994  Economy / Trading Discussion / Re: to be able to get a large profit in today's trading is very difficult! on: January 01, 2020, 12:28:03 PM
The price is really not so high this days. Most likely its best to trade it for a longer period to not disappoint your expectations. I think its still good to bid for the best price you want but for the time being it really needs more time to hold on it.
It’s really good to trade for the long term because day trading needs allot of knowledge. Most of the time people become greedy and inpatients to become rich and in this way, they make wrong steps which are totally lost so it is safe to trade for the long term and if you are capable to earn from the day you can use day trading but be ready to face the risk.
Either it is long-term or short-trading it all requires knowledge and deep market understanding. Both are having the risk of losing. That is you have options and to choose one that could be suited to your time and feel doing it comfortably.
The most important in trading is to choose the best and profitable coin. I know it was hard to earn more profits nowadays but if you have a big amount to start, then you can also expect to gain more. Capitalization is one thing to measure what we possibly gain in the future, the more funds we have, the more we gain in return.
4995  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: Sinking ship or Sleeping Giant? on: January 01, 2020, 06:12:20 AM
Ethereum have sleep well more than last two years with lower price, now have new year ethereum have been come back with higher price and forget with bad moment last two year to raise on higher price, always have second chance for getting profit with ethereum and halving time looks close hope can give positive side for ethereum back on their position again with higher price.
Some big names in the market are having different speculations but wondering that they are all optimistic about the possible growth of Ethereum.

https://coinswitch.co/news/ethereum-price-prediction-2020-2021-2022-2025-latest-eth-price-prediction-ethereum-news-update

They expect that the continuous growth/spread of Ethereum globally will help to push its price higher next year. I believe it was meant to happen but of course, this is all just speculation, nothing exactly will happen. But remembering that we reach to almost $1k, not wondering if this will happen again once we are in full recovery.
4996  Economy / Trading Discussion / Re: Help in Trading on: December 31, 2019, 11:29:20 PM
The biggest help in trading is provided by Technical analysis. It is very necessary to learn either fundamental analysis or Technical analysis to perform better in trading. Technical analysis is very easy to master and learn.

Technical Analysis is an art in which forecasting of price movements is done based on historical data i.e. price and volume. It is not an exact science where you can get result on an absolute basis but it is an art where everyone performs the analysis differently with the help of technical components like indicators, patterns, trendlines etc. on a chart.

Technical analysis is a very easy way to do chart analysis as compared to fundamental analysis. I found a great article which covers in-depth knowledge about Technical analysis. For a beginner or advanced trader, it will provide you with good exposure to Technical analysis.

https://www.mastershareprice.com/2019/11/technical-analysis-indepth-explanation.html#point2
Yes, it was. But the question is how good is their TA and what is the basis of it? Knowing that TA is not just a simple formulation but it takes time to create in order to have effective and reliable TA's. But having TA is not only the reason why traders become successful but because they have a plan and effective strategies. Their passion and dedication drive them for a better result, and that is how they manage their funds. And the sad thing is that many traders don't have any of this, they only just think that trading is just an easy task and then realized that they were wrong later.
4997  Economy / Speculation / Re: Bitcoin support levels on: December 31, 2019, 10:48:53 PM
Right now 7000$ look like a great support for bitcoin as its not falling beyond that price. We saw pumping at 6800$ that took bitcoin to 7500$. My prediction is if bitcoin fall beyond 7000$ then next support will be 5000$.
Few days ago it was $7,400 and I thought it will break $7,600 but it didn't happen, maybe in some exchanges. I'm waiting again for $6,500 - $6,800 levels to start buying and that will be my price indicator that I should although it's always the right time to buy if you're long but I have just set myself with those prices that I have mentioned.

$5,000 will be the support if it goes under $7,000? hmm.. I'm more convinced that it will be $6,000 - $6,500. Let's wait until the first day of 2020 if bitcoin will be pulled down below $7,000.
That was exciting to see how the market change in the next couple of hours( that was the year 2020).
The price still stands above $7k ( thas was $7,100 at my post) but I couldn't find a big change in it. Not really sure but the resistance and support level will still stay the same until next early next year. The commencement of halving is only our hope to see a huge market change otherwise, we live the current price the same.
4998  Economy / Trading Discussion / Re: I am not lucky in trading - what am I doing wrong? on: December 31, 2019, 10:29:41 PM
You are lucky,Just need to review your knowledge,faith and decision power.I share some points hopefully will be helpful fr your future trading career.
The market is not behave according your consent it mean you are wrong,because market is right.First of all understand that what are you choosing know its history in charts and indicators.

Manage your money properly,selection of coins should be qualitative and do not hold the trades for greed.Try to choose coins moving in green there are more winning chances.
That is we called it market adoption. The market doesn't behave as what you and for the fact that it is has a different direction, we are the one to adjust, not the market itself. If we can't make this thing, it pretty sure we go nowhere and ain't living in peace for sure.

Having in trading isn't just having a piece of luck but it is a piece of work/strategy in order to succeed. Nothing could help us with this but just ourselves. If we have trust and knows about trading, we can finally get our goals. Nothing possible if we work hard and keep searching to gather more ideas for our trading strategies may improve.
4999  Alternate cryptocurrencies / Altcoin Discussion / Re: Comparing ROI of Bitcoin's to altcoins on: December 31, 2019, 09:29:30 AM
Altcoins has a long way to go before taking more beneficial than Bitcoin. Looking at the chart, it was clearly said that Bitcoin is getting far and far away, and having such distance there is no reason to expect that one day there is an altcoin that will dethrone cause it is obviously nothing.

That it makes sense that investors/traders usually look for Bitcoin rather than of having altcoins cause if profitability issues. And we can't deny that most altcoins nowadays are having their ends which it losses confidence for investors to take the risk.
5000  Local / Pamilihan / Re: Merit Giveaway- (2020) improvement/changes on: December 31, 2019, 07:08:25 AM
Nakilala ko itong crypto late 2015 pero I'll just ignore this because of the price and hearing also about negatives about. Pero may isang tao ang nagsasabi din tungkol nito (a friend of mine)then he challenges me if this will be scam he pays me, that was the start of my journey here at mas nakilala kung buong-buo itong crypto. That was a long story.

Alam nating lahat na hindi sa lahat ng panahon ay puro lang success, aba syempre nararanasan ko rin ang pagkakamali na minsan gusto ko nang huminto. I was invited by someone stranger regarding trading, he has a good offer and possible big returns kung sasali ako sa kanila. I'm curious that time kaya sumali ako pero hindi ko lang alam na isa pala itong scam and I lose 5k on that day. I really down sa panahon na yun, kaya ngayun ayaw ko nag sumali sa mga ganyang bagay until ma prove natin na itoy legit, especially kung bago ang site...

That is better to review first yung feedback nila bago magtake ng risk sa trading...
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