I don't know why people bother to even go near altcoins?
two different people with very simple reason for each of them: - traders looking for huge profit that they can only find in altcoins which are getting pump and dump. for example if you want to increase your bitcoin amount you just join a pumping coin fast and exit as fast too. and make a lot of bitcoin. - newbies who have an illusion. they fall for the lies the altcoin bagholders tell them such as "...some altcoin replacing bitcoin..." or the funniest of all "...Microsoft partnered up with our altcoin...". and then say to themselves "... I go in while it is worth $1 and when it replaced bitcoin i would have $1000 worth" but in reality that $1 goes to $10 and they don't sell and when it dumps back to $1 and less they sell at a loss. |
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Since January the altcoins market is very hot, soo if you had invested at dash, dogecoin or any other currencie you were able to do even 4-10x your investment, soo i dont believe you need a guide at all, 25 dollars is a good ammount to start at crypt world. But to make good income you need to invest more, take the risk and wait an opportunity to sell your coins, i remember one gold rule: dont invest all into one coin, split the investement and get your reward.
Recently starting altcoins trade and yes, the altcoins market is currently very hot after noticing the numerous coin. Therefore, I personally lucky to earn a pretty good amount, not so much but perfect what I have invested. Thus, this $25 investment surely would not big, but doesn't quite low to start. Compare 25$ investment at altcoin market, to 25$ at fx/stock market. Maybe with few FX brokers you will be able to start trading, but I guarantee that stock market with 25$ balance sound like a nice joke  This is one thing I have not thought but you are right, if you were to try to invest in forex or the stock market with 25 dollars they are probably going to laugh at us, but in altcoins 25 dollars is enough to get started and practice your skills and by doing that getting better at trading. i couldn't agree more. i always had this problem before knowing bitcoin. i saw others in my friends and family doing trading (mostly stocks) and they all had big amounts of money, smallest was $200-$300 and since i never know how todo it, i was never willing to invest that much either. but with bitcoin i started with a ridiculously small amount. it wasn't even $1 and then slowly i learned my way around. i still have a lot more to learn but i have also learned a lot. |
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the FUD is always going to go away, it can never stay around forever, Juhan Wu, or any other name people come up tomorrow are always going to exist. and it has always been like this.
drama is a part of bitcoin.
and i believe a part of it is because bitcoin is still small.
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Could you name a few? Not you! You seem to be quite knowledgeable about automated trading. My point was that people who earn enough from trading (good traders whose opinion is valuable) don't need to advertise some casions/hypes in their signatures or even avatars (unless the advertise their own project). I might be too straightforward, but when I see someone with Casino on avatar and some Casino in signature, I doubt their analytical or trading skills. to earn a decent amount of money you have to invest big. investing big means a small change leads to a lot of money moving around, change down a big loss and change up a big gain. when money becomes bigger the stress of it becomes bigger too. now add to that the fact that cryptocurrency market is manipulated specially when it comes to altcoins. how many people do you think are willing to sustain this kind of work? you can obviously see a lot of people play around with 0.5-0.001 BTC but as i said to make real money you need real big amounts. and i don't get why you mix being in a signature campaign with what people have to say about trading! and with your logic this guy has to be the god of speculation https://bitcointalk.org/index.php?action=profile;u=654  |
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this seems like a great news and it was expected from Japanese but (maybe it is just me) but when i see cointelegraph the first thing my mind tells me based on the history i have seen from this site is: "Click-bait useless article without any facts". i really hope this is one of the exceptions. |
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At least if the Wang Chun finished to troll us about the SegWit signalling on the litecoin.
More people are panic caused by wang's tweet.
Wang Chun is a childish trolling right now, but, his tweet gives massive impacts for the litecoin market and that's really sad. WTF LTC is dying right now caused by Wang Chun.
Neither twitter nor bitcointalk are any good advisory for hasty tradings. On most of the pumpgroup twitter activities your best bet even is trading the opposite direction of their anouncement. the only thing you ever going to need for trading is what you see on the charts. these groups and what they say is always noise. news however is good to keep a lookout for. At least if the Wang Chun finished to troll us about the SegWit signalling on the litecoin.
More people are panic caused by wang's tweet.
Wang Chun is a childish trolling right now, but, his tweet gives massive impacts for the litecoin market and that's really sad. WTF LTC is dying right now caused by Wang Chun.
these dips in altcoin prices are always because of bitcoin price rise and there is no surprise there since bitcoin went up to $1195 today! and as you can see the couple of minutes ago BTC dip to 1180ish caused a LTC price hike. |
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isn't this old?
i swear i heard about this at least 4 months ago, cobra or whatever said this and nothing happened.
has this resurfaced or is it a repetition of an old drama (sorry can't open reddit from here)
#this is so fuk 'dup
Old indeed. https://github.com/bitcoin-dot-org/bitcoin.org/issues/1325Perhaps there should be a white paper that is a current overview as it's the first stop for many, but it should in no way imply that it's THE white paper. That will always be an iconic document no matter what Bitcoin becomes. thanks for the link, that actually helped after reading the comments on that issue. i still say changing it is so fuk 'dup, however i can see a new version be released with a new name like bitcoin paper 2.0 with reference to the original. Surely someone has already encoded a copy of the original in the blockchain?
apparently they have: http://bitcoin.stackexchange.com/questions/35959/how-is-the-whitepaper-decoded-from-the-blockchain-tx-with-1000x-m-of-n-multisialthough it is a bit too advanced for me to understand in one read  |
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That was a hell of a dip. Considering peak was 0.01134000 I got back in at a 0.0098 which may be optimistic since we may stagnate for a while on that 68% range.
it has always been like this, specially in a big market such as litecoin. people have short term positions in their mind and market is filled with weak hands. the 0.01134 BTC got here so fast and it is always a good idea to dump in times like this to buy back the dip if you are one of the short term traders and when you do, many will follow! you actually see the same pattern of a big dump then buy back up every couple of hours. Also notice how the segwit page was lagging because it was filled with people pressing F5.
this was so funny |
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isn't this old?
i swear i heard about this at least 4 months ago, cobra or whatever said this and nothing happened.
has this resurfaced or is it a repetition of an old drama (sorry can't open reddit from here)
#this is so fuk 'dup
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Awesome! Japan keeps on giving me surprises. This time, it's Bitcoin. Hopefully, they pass the bill so the tourists will have one less thing to worry about as their money will already be stored in digital wallets. I think more countries need to pass the similar bills in support of cryptocurrency.
I think Japanese and Chinese are the two nations who have early adopted the bitcoins. There government ha supported bitcoins keeping in view that this will one day be a global currency and there is no point in opposing it, like many other government of the world fear in openly accepting the bitcoins. This step of Japan will encourage other countries to follow the same trend. Japan and China are very different countries. Japan is always advanced and technology friendly and they are always more smooth towards things like bitcoin. but China is a bit different, they are both in Asia but in China things are a bit more strict about bitcoin and as we can see from their public bank they are very worried about what their people can do with bitcoin. |
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In trading how do you know if it is time to still hold or is it the right time to sell? Do you go buy your profit margin or actually wait for the highest possible peak?
For example if you're earning like 10% of your investment, would you just sell or would you be interested in waiting and seeing if it goes more up so you could earn more, in doing that its possible that it may go down and you then earn like 5-8%
But what is your process in this? How do you go about hold and sell timings?
most of the time i am waiting for the highest possible price, specially these days when i am trading altcoins and they get pumped a lot. but that highest possible price is not just a random number that i hope for i try to look at things and watch the charts, i am not yet good at it but i am learning and trying to get better and come up with the best price to dump and get out. and when i wait i make sure i have a good reason for waiting because i don't like to be an altcoin bag holder. |
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i think it will never decrease now on $1000 price range because comparing today than last year theres a new and more user and investors in bitcoin right now thats why i conclude that bitcoin will be stable in $1000 no need to be worry about. and if theres some changes or big changes it should increase when we depend on the graph chart.
That's not completely correct. After the surge in price in Jan-Feb I also thought the same that price won't go below $1000 but as we have seen due to the BU debate and rumor of har fork, the price almost touched 800. But currently I think the price is stabilizing and also rising so I wouldn't expect a drop right away, but you never know. So the thing that all bitcoiners will do to stabilized the price always in 4 digits is don't always listen in Bad News.... Always think positive That's a good thinking. I, for one, am completely for HODL so I don't just panic sell if I hear a news that might possibly drop BTC's price but unlike me, there are traders dealing with thousands of BTC just to make profit and if they see even a small chance that they might lose a lot, they panic sell and the price comes tumbling down. most of the sales are done to make profit, it can be when they sell higher than they have bought to make profit or it can be selling just to have money in hand to buy at the bottom you may even lose a little but when you buy back at the bottom you make it all back and then some. |
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the bots have always been so expensive for me to even consider buying any of them. although i have heard about quite a lot of them. and seen a lot of them also.
they certainly help a lot but i can never trust any of them. specially those sites that you create an account on and do the trading for you. a program is at least a bit more trust-able.
i have my own bot but it is not automatic, i do the analysis and everything else manually and then that just executes and keeps track of things for me.
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I think that often it's not bitcoin that is pumped or dumped.
It's the altcoins, and bitcoin is the center where the money is usually parked.
If an alt gets pumped, the money goes away from btc, and it comes back when the alt is dumped.
pump and dump is a manipulation of the market and any price resulting from a pump will never stay around which means that would be a fake pump. if bitcoin was pumped the price would have gone down already, back to $200 level but as you can clearly see if you check some charts, price is not only not going down but also it is rising with much strength. and when in the long run price goes up that means the demand is increasing. in other words bitcoin has real price and it is not pumped. i don't think that pump and dump is always manipulation, buyers and sellers don't know each other and they can buy for whatever they believe and the sellers also sell for their own reason, can happen that the value go high and low because of randomness caused by their decisions as i explained and added two links above, going up and down doesn't mean pump and dump. that is a bigger rise and a rise without a logical reason. pump doesn't have to be verbal either. there are so many different ways of manipulation, the most obvious one is the verbal advertising it like what ethereum does every now and then to pump it. maybe my English is bad!!!, read those links, you will understand it easeir. |
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That's a very bad news to the entire bitcoin community when such a big hacking took place and one among the leading investment portal lossing big, worth around 70billion made a big panic on the security concerns. This made the trust fall away and now the repaying the users is something good to gain back the trust and move on successfully.
the only thing bad about this was the fact that it shows how vulnerable third parties are and also for the millionth time it proved that you don't own bitcoin unless you have the private keys in cold storage in your own possession. but this news is good since it showed at least they keep their promises. |
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I think that often it's not bitcoin that is pumped or dumped.
It's the altcoins, and bitcoin is the center where the money is usually parked.
If an alt gets pumped, the money goes away from btc, and it comes back when the alt is dumped.
pump and dump is a manipulation of the market and any price resulting from a pump will never stay around which means that would be a fake pump. if bitcoin was pumped the price would have gone down already, back to $200 level but as you can clearly see if you check some charts, price is not only not going down but also it is rising with much strength. and when in the long run price goes up that means the demand is increasing. in other words bitcoin has real price and it is not pumped. I thought a pump was just a mere word that tells it is increasing. So that deepens it. I dont really think like that in bitcoin, It is more of making people buy bitcoin then make the demands go higher to make the value also bigger. Dont mind if it is a pump or a dump as long I see it back to the price that I want. If not, then hold again. This increase tells me that those who panicked from the fall to just $900+ are getting back their coins which is a lost to them. yeah, pump has a specific meaning in economics. you can read these two: https://en.wikipedia.org/wiki/Pump_and_dumphttp://www.investopedia.com/terms/p/pumpanddump.aspi like this deffinition from investopedia: Pump and dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements.it is exactly defining what has been happening in altcoin market. |
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not everyone is a trader and having a large amount of money (~4.65 BTC) doesn't make them good at it. it may have been someone who have mined that much, a developer, a bagholder, or someone who bought low and was scared so got out. there is also the possibility of a bot going crazy on its owner  also remember that always taking 10% profit is better than watching the coin stay there and suddenly go down to -30% and you miss your opportunity. and a 10% profit on 4.65 BTC means 0.46 BTC nearly 500 dollar in half a day. |
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That's why if you're lucky on that trading will greatly affect your wealth
Just lucky? Then what is the best thing to do to make your trading be "lucky"? Trading is not always about luck. You just stated that trading requires knowledge, experience and skills therefore don't rely on luck alone and improve those things you have been stated. Aside from that be serious in the profession as there's no such thing as easy task when dealing in a high volatility price that happening in bitcoin or any cryptos. I don't know if luck can really help in your trades. Because if it does then people won't be using Technical Analysis anymore. Technical Analysis is there because it is the one that can really help you in trading not luck. You will only lose your money if you always base your trades in luck. That is why if I were you my trades would only depend on a careful study and Technical Analysis. Theb, technical analyzes isn't key in trading and as they said, luck is one from main factors. Can you tell me who thought with technical analyzes that bitcoin would fall last week? In analyzes it was clear that price was going up and up but suddenly it fall from 1200-1300 to 900. So everyone, which was holding bitcoins, did't think to sell bitcoins at that time when it was 1300, so it means luck is main facotor. that is not called luck and it is not technical analysis either. in all the markets there are things that aren't predictable such as news, and these things always affect the price, it is not luck if you aren't aware of the surroundings. it is like crossing the street, you can certainly cross a street without getting hit by a car, then repeat it 10 more times and then conclude that getting hit by a car when crossing the street is based on luck!!! and analysis and listening to news in trading is like crossing the street while keeping your eyes open and looking both sides. there is still a chance of a car hitting you but you reduced it to virtually nothing. |
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I think that often it's not bitcoin that is pumped or dumped.
It's the altcoins, and bitcoin is the center where the money is usually parked.
If an alt gets pumped, the money goes away from btc, and it comes back when the alt is dumped.
pump and dump is a manipulation of the market and any price resulting from a pump will never stay around which means that would be a fake pump. if bitcoin was pumped the price would have gone down already, back to $200 level but as you can clearly see if you check some charts, price is not only not going down but also it is rising with much strength. and when in the long run price goes up that means the demand is increasing. in other words bitcoin has real price and it is not pumped. |
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this is either a great idea and will be a huge thing, as in a revolution to file sharing and bitcoin micropayment
or
it will be a terrible thing bringing only misery and a lot of illegal shit-storm for Kim and possibly even some of the people who use it.
i have not yet figured out which one is more possible to happen!
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