I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
Best tips that I could give you is. Don't try to lose all your money, don't be a dumb trader and study more before going in. |
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Warning! Ranting ahead!
I am getting really pissed at the state of the markets. Despite positive news, the market is still pissing blood. Why?
Tons of videos on YouTube over and over again and again, hyping the crap out of this or that coin, anticipating something. But what for. The prices are not moving up when they should be.
What is the point of being excited when market is being manipulated by the most despicable creatures on the planet who see themselves above everyone else.
From my point of view it looks like TPTB saw people getting rich and becoming independent and they couldn't allow so many wealthy individuals in society so they came up with a plan to end this.
If you look at prices you can see how prices hardly change anymore. Heck most of the time Bitcoin prices remain at 0.00! in the hour! Why because they probably set up their bots to pump and dump their coins based on market movement to keep the price the same to prevent people from making money. This isn't so impossible to be true you know.
Just set up some bots and millions worth of money and when ever market provides a hint of an improvement dump it, and when even it going bad pump it. Keeping the prices relatively stable.
I mean why on Earth would anybody in their right mind sell, or setup their bots to sell when positive news is everywhere. It just doesn't make sense. It just an evil behavior that is all.
It is because big people see in the market that there are still people like you left and they want you out before they want to start a new bull trend. |
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I will likely to wait for your teaching about trading cryptocurrencies. And I hope that I will have a lot of discoveries from you.
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More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
From here in the philippines, we can use crypto for paying our bills like our electricity bills and for anything that are part of the system. I think not far from now Bitcoin will be paying anything in the Philippines. |
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We all have heard about the hacks on many exchanges with millions of dollars being lost. Despite this many exchanges still haven't improved their security. ICOratings.com published a list of exchanges according to their security score. - Coinbase pro has scored the highest with 89/100
- Okcoin.cn is placed at the bottom with a score of 15/100.
Cryptocurrency has changed significantly since the inception of Bitcoin, but the number of security breaches on exchanges remains unaltered. https://news.bitcoin.com/54-of-cryptocurrency-exchanges-have-security-holes/Some of us are already aware of that and knowing all of the risk from that. So it is up to us to secure our own funds by not putting all of it in one exchange. |
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
It is very useful. I have bought EOS at its $1 value and it grew to $20 + in time, but you can only pick a good coin if it's a good one then it can grow. Others are scam. |
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I would still be focusing here in cryptocurrency world since it really changed my life for the better and I would continue on my dreams to have a lot of cash before everything turns not well. |
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Bitcoin BTC technical analysis for 1st October 2018. Bitcoin continues to consolidate as we enter Q4 of 2018. We have experienced a prolonged bear market for the first three quarters of 2018, will the last quarter be any different? https://blokt.com/technical-analysis/bitcoin-continues-to-consolidate-as-volatility-reaches-lows-of-2018I think the last quarter will exhibit a bullish market. We have been in the bear market for quite a very long time now since the year started. Hoping that by the last quarter there will be a recovery when it comes to bitcoin's performance in the market. Whether we end this year a bear or bull market, I still believe in the technology and always supporting bitcoin. What are your thoughts on this guys? This is totally the bottom. I think it won't further go down than this and would anytime to be in a bullish trend. But if it really goes down then maybe there would be a huge problem. |
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Last year we had a great run. Despite the downs in the beginning of this year, I still believed that by the starting of October, the will be a good run, but I don't see anything of significant improvement. What do you guys think?
You just really want to be expected by those big whales that does make Bitcoins price pump, so they might not do it since everybody is really expecting that. |
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When price drops over and over everybody thinks that is bad and their invesment is going to loose or they already in loose. Generally this causes loosing hope to that coin, and people generally sell and exit from market.This maybe great for manipulators because they want to control market. right now there is a resistance to manipulators and this causes manipulators to gain less. they earn with volatility and it is decreasing as you can see in yearly graph. so best option for manips is reducing volume so that they gain more control. And for to reduce volume they create hopelessness by lowering price. When you see price is going well to high points you feel better but they cut your dreams with a steep fall like just a few days ago. investors sells or waits that cause reduced volume. And when the volume decreases they can ride the price easily.
Yes Indeed! Those big whales are making fun of those small traders that is weak and scared of the small pullback and then those whales tries to make them comeback again and just make it all over again. |
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
Of course we do. Banks offer us help for everything we can't afford. How do you expect for yourself afford a car without a load? Are you willing to pay as cash to that? |
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I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
Yes, that could be useful with some coins that are in a trend. But I don't know if this works for those coins that are in sideways. Always put stop-loss. |
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Of all the large companies that are now large internet players, do anyone particularly scare you in terms of how you data and track could be used? Amazon, Facebook, Twitter, …?
It is truly scary to put all of your information to those kind of internet companies like facebook. I just don't include all of the information of myself there. |
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A blood bath we are a taken...or are we?
I would like to add my 2 satoshi's to the madhouse of speculations, sky is falling, doom and gloom we are seeing, feeling and sick over.
First, if you had no plans of cashing out today, you have nothing to worry about. If you took your rent money to buy btc, you might want to look for a second job and/or a tent. But have no fears, bitcoin will be back.
Second, if you're in this for a fast buck with no hard work, good luck on that one.
Third, always and I mean always talk in satoshi value.
Fourth, there was a generation that only dreamed of making 7% off their retirement stash after paying 40 years into that fund. Today, this generation expects it within weeks...sad
Fifth, bitcoin will find a way, it always does. The blockchain is a living , breathing idea that no person, government or space alien can stop. When the blockchain space gets filled up with scammers and selfish people, the blockchain shakes those people out. This is what's happening now.
In closing, remember what your why was when you entered this space. Maybe this is a perfect time to x out the market and dig into the core "why" bitcoin came to be.
Bitcoin will find a way.
This is pretty obvious that Bitcoin is getting a rest before a bull run could happen again. People ought that this was the end but they are wrong when thing finally go to plan. |
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Hello everyone - I don't usually put up posts, but I was curious on what everyone is seeing for this recent market upswing. This is the second time in the last 4 months we've gone from 250bn market cap to over 400bn. Very much a yo-yo effect. We've seen the market press hype cool down - so what is causing the market to go back up? If you could all please post some real world news that would be much appreciated. Doesn't have to be news from a news source - could be numbers from block explorers, investment news, just something that can be tied down to a FIAT value being put into crypto. For me (a little bit of a conspiracy theorist) USD Tether gains FIAT value in Q3 to Q4 of 2017 -> Moves FIAT value to Noble Bank -> "Legitimizes" USD Tether BitConnect crisis occurs -> Loss of investor confidence -> Lack of market liquidity -> Correction SEC opens with somewhat positive remarks to crypto as a whole -> Focus specifically on ICO scams Discovery of Mt. Gox trustee -> Rumors spread -> Investor confidence drops further causing further slide USD Tether media cools off -> USD Tether prints off more tokens beginning of April -> Stabilizes investor confidence Stable coins begin emerging post USD Tether -> Markets keep resurfacing throughout April May 7th SEC supposed to rule on Ethereum and XRP on whether they are securities ( https://www.ethnews.com/sec-cftc-to-discuss-possible-securities-classification-of-ether-other-cryptocurrencies) -> Market effect  ?? ICO fraud rumors ( https://medium.com/@douglaslyons/ldj-capital-all-that-glitters-is-not-gold-ccbfc21ffd71) -> Market effect ?? I can provide links for any of those events - I just didn't want to spam links. It would be interesting to see if anyone can find info of "new" FIAT money going into Crypto which would give evidence of a bull market - especially if it is found from institutional sources. The opposite as well - if anyone has insights into how this could be a bull trap, that would be awesome to read. As I said, goal is to pool together everyone's reading material for better clarity on current market events. Please post your mother will die. For my own opinion, I see the market is at its accumulating period and Bitcoin and other cryptocurrencies is currently preparing for a major bull run. I hope that it does happen. |
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Discuss about bitcoin and cryptocurrency. For me, this is an interesting topic because bitcoin issues are often the talk, including confusion in many quarters. What is cryptocurrency? What is bitcoin? How does the regulator respond to the development of the current crypto currency? And how is the bitcoin phenomenon going forward?
In its purest form, cryptocurrency or crypto currency is a kind of electronic cash that can be sent directly from person to person (peer-to-peer) without going through financial institutions, or banks. Generally if we are currently sending funds or money to other parties, of course, must be processed through the bank. In this case, the bank serves as an intermediary. Well in this crypto technology, the payment is made directly without an intermediary. Transactions conducted between two parties in a network are then verified through a specific encoding process or cryptography. Well, Bitcoin is one of the existing cryptocurrency types, and is popular. In addition to Bitcoin there are more than a few crypto currencies similar to various names, such as ethereum, litecoin, etc. Many of these crypto currencies are short of devotees until they die one by one. In Bitcoin, if there are transactions of two persons, the other party in the network that can decode or verify the occurrence of the transaction, will be rewarded with bitcoin. This step is known as mining bitcoin (mining).
From what I've learned before, that David Yermack, researcher at the Bureau of Economic Research, New York University (2016) that bitcoin still fails to meet the criteria as a currency. It cites the basic functions of a currency, the medium of exchange, the a store of value, and the unit of account. Of the three criteria, bitcoin does not qualify as money. Yermack doubts that bitcoin can be a currency or means of payment acceptable to today's audiences. I agree with the analysis. If we look at bitcoin volatility in recent years is very high, much higher than the existing currency. This has an impact on the difficulty of calculating the short-term risks of bitcoin. In addition, the exchange rate of bitcoin in the day to day does not correlate at all with any currency in the world, nor with commodities such as gold for example. This makes bitcoin useless in risk management and difficult for the owner to hedge.
Let's look at one by one the money function on bitcoin for more details. First, as a medium of exchange. Bitcoin has no intrinsic value, so its value will depend largely on its usefulness in the economy or consumption. But in reality, today is still very small parties who use bitcoin in everyday life to make various payments. Few traders (merchants) are willing to accept bitcoin. Some countries such as Japan, for example, allow bitcoin to be used as a means of payment (not as legal tender or legal currency). But if we go to Japan, just a few, not to say very little, the store is willing to accept payment with bitcoin. Especially in other countries, including Indonesia. In other words, payments using bitcoins are currently very rare.
Second, as a unit of account. For users or buyers, we certainly look for ease in buying goods. For example, a bowl of chicken noodles cost Rp 25 thousand, a cup of coffee costs Rp 15 thousand. This will make it easy to calculate. But in the use of bitcoin, various problems arise, mainly due to its extreme volatility. The value of bitcoin can vary drastically from minute to minute. This makes it difficult for the seller to determine the price of an item. In addition, there is no uniform or fixed market price associated with bitcoin. I also tried to check on some bitcoin markets around the world, and the prices vary. This disparity, in the theory of market value, violates the law of one price for a currency. Why breaking? Because it is open most likely people to do arbitrage in the same market (buy cheap and sell high in commodities and the same time).
Third, as a store of value. When a currency serves as a store of value, the owner certainly has the expectation that the currency he holds can be obtained easily and can be redeemed for future goods or services as needed. The economic value of goods or services purchased in the future is expected to be equal to the money used or stored now.
From the above analysis it can be seen that Bitcoin, according to Yarmeck (2016), still can not meet the criteria as money because it has the deficiencies as above. Generally people currently hold bitcoin instead of being used as a means of payment, but rather to speculative investment. Bitcoin is also increasingly difficult to accept because it is disconnected with the payment system and banking in many countries, because most authorities in the world forbid it to be used as a means of payment.
Yes, it is truly worth it to make Bitcoin as a currency, but they need to improve it more to make the price of it in a stable price and would make it a good thing to make it a currency in the future. |
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Institutional investors are not putting a dime into crypto (at least in the US) and never will until ETFs are approved and they have legal backing that they are pursuing legitimate investments. They are contractually obligated not to make highly volatile investments which crypto is without the ETF.
Yep, but once that will be approve there will be a lot of investors coming in. And all people will start to be FOMO and go in as well. The great rewards will be given to those who strongly held. |
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This are some good strategies in trading that I also use for some time. It's quite difficult to do but worth it. And also it is good for altcoins. |
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Bitcoin has been on a constant decline in value ever since 2018 started. Most say it has been a result of government regulations, others say that whales are manipulating the market, and some say that it's the result of FUD within the cryptocurrency markets. However, given that Bitcoin was designed to be scarce or limited in supply, it could become much more valuable in the future. Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this.  I know there's a lot to happen in the cryptocurrency space, so maybe that is a possibility. Crypto currencies are still young and there's more to improve. |
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Numerous number ICO from 2017 were reportedly scams, if not those project that were able to raise just enough funds to start the project died off after 4 months of its operations. There are some reports that numbers of scam projects from 2017 have surpassed the total number in volume despite just halfway through the year of 2018. It’s quite alarming. Is there any possible way to filter or screen projects before running their ICO’s to avoid scam?
You can't possibly evade those kind of scam ICO's. All you can do is find a good project and try to hope that it will never turn into a scam project in the end. And also try to find a good manager that holds most of those ICOs that are successful. |
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