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#Proof of Authentication
Bitcointalk Username: gabbie2010
Rank: Sr. member
Bitcoin Wallet Address: 1DEGZqQAv3B67Wom6NTeZBLSCTwRyPz6rF
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I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
This perspective or notions of ' get rich fast' via bitcoin and other crptos is most common in lazy youths who are are ready to cut corners to attain their heart desires of becoming rich by crooks or any means forgetting that bitcoin investment is a long term investment that could take years for an investor to recoup and make appreciable profits based on the market sentiments of course bullish. The OP also retreated the liberty of individual hodlers of bitcoin against the strict and regulations of government and central banks which had really affected our privacy but bitcoin had shown a way out. |
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So..... Tradingview Sucks for charts. They pop up all over the place. They want money for clear charts.
CMC does not even have candels?? How can anybody do anything WITH no candle?
Coinbase... let's not even talk about CB.
Where else can i turn to?
Binance?
May be you should try Mt4 platform that has some Cryptocurrencies features there are a lot of forex brokers that features some cryptos pairs on their platform this will enable you to have a clear chart that you can use to analyze your trades, those charts has Japanese candlesticks which definite patterns. You should ensured that the price on your mt4 platform tallies with the price of your choice exchange eg binance, poloniex etc so that you can easily execute your trade easily if tradingview interface is unfriendly to you. |
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The price had just made a temporary pullback having drop to 4% after the new higher high I don't think there is cause for alarm or panic, bitcoin price movement is not a one way upward but rather there will pullbacks, corrections and ranging thus a good trader knows the right zones to sell and wait for temporary drop or pullbacks to buy again.
The price had dropped to $5K now I strongly believe that the next rally will pump the price to $6K+ having been held at a support at $5K+ and a price rejection is ongoing using a daily timeframe chart as a point of reference.
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I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too  Suggestion is appreciated. I think you need to study price chart of ETH this will enable you to identify selling zones and buying zones ie sell high and buy low at least you had made some appreciable profits you can sell and wait for a price pullback or retrace and buy again, to achieve this you need thorough knowledge in Price action of course the price is unpredictable but all these are calculated guess which work in most cases and had proven to be very effective all this will help you in preparing a trading plan. |
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it's hard for ico to survive when there are still many scammers. maybe until just this year ico was there, and after that died. nowadays people pay more attention to the IEO. The IEO might replace ICO someday
Scam ICOs are having a field day now with their fraudulent activities this year I am victim of two failed ICO turned scam now I believe the alternative to ICO is IEO which will gradually fade out ICO whose survival had been subject to the market situation of cryptos in bearish market they hardly reach Soft Cap invariably Hard Cap will not be achieved while a lot of investors are now cautious of where to invest their money just to avoid fail projects in the name ICOs whose tokens will become worthless after listing in an exchange. |
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very difficult indeed to reverse the situation after listing the coin to the market exchange. the absence of repurchases and sales at the same time makes the tokens sink.
Most coins are weak , and almost a little of themselves represent something and because of this fall , I think because of the hunters are unlikely to fall to the bottom of the course Most of these projects have a weak coin that wouldn't stand the test of time in cryptos market thus immediately listed it will experiences dump in its price which in most cases blamed on bounty hunters. Although this is peculiar to almost every tokens or coin when listed however a very good project will bounce back and pumps after the initial setback of course there are countable numbers of such coins eg oyster token etc. Locking the tokens is not a very good ideal of preventing dumping ICOs should just put in more efforts in sustaining on their project in the highly competitive crypto markets. |
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All my executed trades is based on a well defined and strategic plan having convinced of pulling the trigger of buying or selling I don't allow emotion to set in because I only trade with amount of money I can afford to lose.
What is important is I strictly adhered to my trading strategy coupled with a sound money management so as to have an edge over the market, I analyze my trading charts using 4 hour and timeframe this give room for adequate time to plan and execute my trade at the appropriate time.
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It has become increasingly unpredictable to know what would happen on the crypto market at any point in time. It is good to hodl some bitcoins though but it is equally important to note that the price of bitcoin is largely depended on few individuals who have the power to manipulate the market. Most analysis that are made on bitcoin are just made with mere sentiments and nothing else. Cryptocurrencies has always been a suitable venture for smart people but if care is not taken you may end up being misled by so called experts on the crypto market. It is good to invest your funds in bitcoin but don't fully trust crypto analysts without doing your own background research by reading wide.
Crypto analysts do give a lot of divergent views of the market that can cause confusion to the trader as you rightly said a lot of sentimental decisions on bitcoin are mere statements which doesn't hold water, a hodler or trader should just do his research diligently so as to know when to buy and when to sell thus making profits consistently of course it is not an easy task all these requires acquiring adequate knowledge on cryptos so as to have an edge over the market. |
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Don't put the cart before the horse
First thing first: You need the skill set of trading before investing in it. Otherwise you will end up blowing your capital, it doesn't matter how much you are going to fund with. YouTube is a cool place to learn if you can't find someone to mentor you offline or one on one. Learn before investing to avoid regrets.
I think youtube is not a place to start learning trading because there is a lot of material available on youtube but it is so much scattered and you may lose your way if you start to follow it. A better approach is to learn trading from any teacher / friend etc who is already doing it, as he will be able to teach your from the start. Trading is a full time job and you cannot be a successful trader unless you learn it properly. There are so many available tutorials and guide on the internet these days some of them are free. You gotta have to look carefully on searching them because some of these tutorials are not really giving the exact information that you want to know. So better read carefully everything and apply it in trading, since trading really need an experience for you to be able to fully understand. In addition to those advise you need to practice trading (demo) after learning from those tutorials via trading platform eg Mt4 platform or cryptos stimulators to get accustom to all rudiments of trading so as to gain more experience and consistently making profits before going live. You should ensured that you device a working strategy equipped with a good money management and trade with maximum of 5% of your total portfolio irrespective of the amount funded for trading. |
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To be honest trend still on bear mode although we have seen little pump. I am wondering if bitcoin able to stay at least $4.5K for few days then we might see a small bull run. I will call bull trap on current situation and that's why we are experiencing small correction. It was expected for me. However, next move may be will $6K zone if bitcoin able to stay above $5K, but seems unable to stay.
Truly if the current price is sustained at $5K+ at present then we are in for a bullish run till $6K however I totally disagree that the price is still in a bearish run of course a temporary pullback or corrections of the price is imminent but that does not mean the bears will control the market as it is now I am very optimistic that the current bullish trend will be sustained how far it will last? its quite difficult to predict. |
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Well if the coming of IEO will stamp out or stop fraudulent ICOs then I am fully in support of the idea atleast I will divert my investment to a very good alternative to crowdfunding of fraudulent ICOs.
This will bring relieve to would-be cryptos investors who are caution of putting in their hard earned money to a real project that will stand the test of time even if their is need to submit identification ie KYC before investing in an IEO that wouldn't be a problem for many investors because of the trust and credibility of the exchange handling the project.
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it's true that the number of bitcoin wallet users is still very small, but I strongly believe that number will increase over time.
Yes the numbers of blockchain wallet users might be small now compared to the global population and also there are other popular wallet providers too like coinbase, paxful etc nevertheless there is growing awareness about bitcoin everyday we have new entrant and investors coming on board to invest in cryptos I am very optimistic in few years to come the demand for bitcoin will grow in leaps and bound thus exceeding the numbers of present users. |
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For bitcoin to become worthless it must be subject to all users dumping it which is impossible there had been so many alternative coins whose sole aim was to become an alternative or to beat bitcoin invariably must of them had turn worthless.
Bitcoin has come to stay and waxing stronger on daily basis with a wide adoption globally having a solid distinct feature of security and store of value to its advantage.
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I was happy to see that bitcoin has made a good market price pump up. This is what investors are looking at and hoping that it will going to continue on having this kind of movement. Mind you that it will just take a few months tp get an ATH once again with bitcoin.
Who among you here feels the same way after seeing the recent good news with bitcoin market price increase?
It was a big relief seeing the bitcoin market pumped above $5K after a prolonged and ranging mode between $3K5+ and other cryptos too, there was FUD among newbies who believed that the price will never recover having experienced the sudden dump from $19K+ in 2017 to a lower low of $3K+ I believed the bullish movement will be sustained although we might experience a minor pullback however the future outlook of bitcoin looks bright considering the upcoming positive fundamental news which will encourage more investors to come on board. |
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Its also sad that alot of ICOs became a fraud and collected a lot of investors funds thus having a field day then they suddenly went AWOL apart from last year I had experienced two scamming ICOs this year which quite unfortunate despite their media hype which makes them real that is why I am not surprised by the high percentage drop in the investment in ICOs.
Their nefarious activities had become rampant as a result of not having a regulatory body to oversea and control the ever increasing numbers of fraudulent ICOs who had capitalized on the anonymous means of transacting with cryptos.
Its high time every cryptos enthusiast formed an avenue where new ICOs will be scrutinized before allowing them into the market.
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Honestly, I have never seriously considered the signals provided by the "technical analysis", because I am convinced that there is such a diversity of indicators that can practically give any signal to any analyst, since they have always had a great deal of subjectivity, so I think that trying to give them so much weight when forecasting the next market movements is usually the cause of so many headaches in naive investors.
Honestly bitcoin defies technical analysis on many occasions personally I don't rely on indicators for trading decision because indicators are calculated based on previous price history and they do lag at times price might move ahead before signalling buy or sell meanwhile fundamentals moves the price of bitcoin whatever indicator used whether moving average, relative strength index or scholastic etc don't correlates with the price movement of bitcoin. |
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Honestly its hasn't been an easy task convincing people to adopt and embrace the use of bitcoin, personally I realised that the past bitter experience of some the unfortunate people who invested in the scam and fraudulent MMM ponzi scheme had resulted to people exercising caution into any online investment now.
Although I was able to convinced two of my colleagues to see reason why they need to invest in bitcoin while I had succeeded in getting one of them having his blockchain wallet funded with some btc for a start and practical idea of hodling it
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None of Tom Lee's predictions have been correct. At some point, he may get one right but there is no reason to believe it will be this one.
At least his latest prediction is based on technical analysis point of view, ie 'price above 200 moving average' most of his previous predictions is often not backed up just as a mere predictions which doesn't hold water and inaccurate however his latest prediction seems to be more reasonable and could come to pass as predicted. |
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