Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.
Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.
When you believe there's perfect strategy, perfect trade, master trade, I can say trading is not your world and leave market is the right option you should take. As trader we should have rules and follow it, not obey meaning loss. Following rules will protect us from bigger lost and please, leave mindset that perfect trade are exist. |
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Nowadays there are so many ICOs SCAM, how do you decide that ICO is a SCAM? and How do you determine that ICO is good?
If you can, let me know step by step how you choose a good ICO. Thanks
I already ignore ICO project, since scam and my money get stuck into it. For safe, I only invest into project after their product ( coin ) listing on exchange. If the project have technology concept and have powerful demand, even have expensive price I'll replace my fund into it. Just try to be brave person, take one ICO project and learn from the mistakes, you'll get valuable experience. |
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First of all,I think one must have financial stability. Have to take risk of certain amount that won't fall any impact in financial stability.What others thing one must know?
What is your opinion or idea?
They need to learn about invest in many instrument financial and practice. I believe this part is difficult because most people see investment is just buy and hold in long term period, that's wrong. Investment is similar with speculation, not only theory but they need art ( rumors, news, future mindset ). Even you have money and never afraid to loss but know the field is important to get win. Do that and good luck to you. |
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We dipped below 6k on the weekend. What do you guys think, is it a bottom this time and it is time for epic Long? Personally I felt like it was the bottom at 8k at 7k and multiple times already at 6.7k and at 6.2k, so I am wary about calling it a bottom again just to see it drop another 500  This is market and every analysis could happen, we don't know anything about market, only learn from number and behavior. See again your analysis and if you see no opportunity/ can't hold any longer just cut loss. At this time many people ask the same question and get the same answer. All about you, decides what the best for you and do that. I already leave market because stuck in down trend for long term period make me stress. |
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Since the 2 pumps the price of Bitcoin has gone sideways: NO DEMAND
Alts have increased in price!
Logic says Bitcoin is going down unless another whale pumps!
Sideways not always because no demand, bitcoin have same balance and number of transactions. Altcoin have increased because many people replace and do their transactions, they see opportunity make money into it. But we all know altcoin also depend with bitcoin, so you should be careful replace your money. Split asset into several coin is good, create bigger chance to make money. As long you take the right coin, sideways is not a problem. I believe there's no whales, they only person with high skill about speculation. |
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Guys every coin a buy the price automatically goes down ... contact off we can may take advantage of that algorithm behaviour
ac--
Market is slow and in down trend for long term period, I also not happy as you. No one can take profit in this situation, trust me. Many people wait the right time to buy back but their money get stuck, not good. Rest of them already replace ( cut loss ) their crypto into currency because they want to protect their asset from bigger lost. You can do anything you want but for me, leave market is good option ( for now ). |
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Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Market condition is not good and perhaps they don't have enough preparation to launch ICO project. I still trust the project but I have rules and limit to keep my asset safe and get minimal risk when enter the market. This time join project is not good, leave it and replace your money into currency. Wait and see but never lost faith with crypto. |
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I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for. I've made some profits and lost a good deal. Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish. I need advice on how to improve my trading because I really want to do this  Market condition not always good but people with high skill and experience can see there's always opportunity in many situation. I suggest you not push to hard because human have limit but how he can manage his skill is important. If you don't see any opportunity to make money just leave it and find another way to make money. Not every person won't leave market but when they push too hard market will make them bankrupt. |
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How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
I believe invest have two risk, first is loss and second is stress. No one want face risk but as long they know risk is part from invest, this activity is worth to follow. We can't stop risk but only can do something so we can get minima risk. You can use stop loss and take profit point as limit to protect your asset, follow the rules with out ask again. Last one is accept the result, do that and you'll safe from stress. |
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The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
Maybe yes maybe no, I believe down trend still running and bitcoin has opportunity to go more deeper. Because of that I already cut loss and leave the market because in this situation any strategy will fall. I don't care about how much value that missing because my decisions but I need do something to protect my asset from biggest lost. Not happy with this one but if bitcoin go down again my asset will be safe. |
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As we are looking at the market currently, the whole thing is dumping like anything. There is no thorough explanation about the whole scenario as to why the crypto currencies are dropping by so hard and hence I am eager to know what are you guys holding at this point.
Have you converted everything to the BTC or any other safe currency that you see out in the market?
Is there anyone of you who is holding all the assets back into the USDT, the Tether one or have you converted everything back to the fiat. ?
I don't see any strategy worth in this situation, can't thinking again. Hold is bad can make your money stuck, buy another coins also wrong because market in down trend. Leave market and replace all money into currency is good but if we full time trader/ investor, we will never get income. I choose to leave market and let's market giving the answer I need to raise again ( sign ). Now try to relax but never lost faith to crypto market. |
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10 MISTAKES YOU SHOULD NEVER DO IN CRYPTO TRADING   LET'S START  1/ Don't be so greedy,as something is better than nothing.If you get 10% profit then try to sell out and exit.Otherwise you will lose all your money if you want more than 10%. 2/ Never buy altcoins when bitcoin price is unstoppable. 3/ Never invest your all money in one coin you must diversity. 4/ Don't sell your coins at loss,don't get into panic sale.Because if you brought protensial coin, then don't sell your coin if it dump.Because it will grow again after some days. 5.Never invest all btc in altcoins keep some btc in wallet for right time.If you like one coin most,don't invest your all money on this coin.Keep some btc for right time. 6/ Always make your portfolio, decide part if short and long time. 7/ Don't sale your long term coins at panic sale.You should hold your long term coins for 1 or 2 years. 8/ Don't do trading with your emotions keep them aside. 9/ Don't do day trading without proper knowledge.Before learning day trading don't go for it.Otherwise you will lose your all money. 10/ Never buy coins at their all time high price.Don't buy coin at their high price, wait for dump and buy at deep. Guys if you follow this 10 strategy, then I'm sure you will be safe from losses. Agree with you but for me, it's look like basic psychology method. This post should do to protect your asset from you not from the market or other people. Most people loss because they can't control their mindset and emotion, profit not always become the main purposes. Do your post and practice will make better result. |
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I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop
I already leave market since last month because I don't see any chance to make profit, for now I save my asset into currency and wait the best moment to buy back again. Depend my analysis this situation will happen in long term period ( end of the years ), if this happen I'll take challenge find another way to make money. I'll not stop you to execute your strategy but I only can say " Think Again " |
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A brand new Bitcoin and Cryptocurrency podcast that is focused on trading and investing. Hosts interview guests and discuss the latest news in the markets. With experienced traders including an ex-JP Morgan hedge fund manager to talk Bitcoin and big picture moves. Are the latest moves all manipulation or just demand driven? Is the latest SEC statement on Ethereum positive for the markets? When will Bitcoin see all-time highs again? Do Bitcoin Futures manipulate the market? Bitcoin ETFs maybe? Up until early 2016, there was only one choice for holding cryptocurrencies, Bitcoin. From there, the marketplace has exploded. In this episode, they discuss constructing your portfolio and how to gather the proper information to make informed investments and trades. Latest episode on SoundCloud - https://soundcloud.com/buy-or-sell-what-the-hell/have-we-hit-the-bottom-what-projects-are-exciting-developers-28Is there some interest in a solely trading and investing crypto podcast? No bullshit, just talking markets. Give it a shot and let me know what you guys think! Many people say this is the bottom and they should buy back to recovery asset and make higher profit.They don't see the hole market, at this time market has slow moving price and if you buy back now your money will stuck, very bad idea. You should wait and analyze again and only suggest leave the market now, it safe for you. |
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because bitcoin system was so protective and people in all country starting investment everyday, it makes bitcoin can survive from extinct
Bitcoin can't replacement currency but the technology can ( blockchain ). Currency is legal financial instrumentand every country will protect it from any product that can give negative impact into it. But blockchain technology can use to support financial activity, more fast, secure and transparent. Bitcoin is more like commodities ( gold ), see the pattern, product history and value you'll see there's no different there. |
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What are you thoughts on referrals, bounties, & giveaways?
Which do you prefer?
a.) Referrals
b.) Bounties
c.) Giveaways
d.) All of the above
I choose bounties and leave the others. For me bounties program is more profitable than others and have simple task. Referrals is bad for me, I'm not good in this one. About giveaways, never try it. Most people will say same like I do, bigger payment and simple simple is the reason. Take what you can finish and get pay. |
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Hello! Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further. I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone. The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.  On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.  Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future. I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth. This means that it's better not to rush to buy while waiting for a better moment for it. Trade/ invest at this moment is wrong decisions, you should find another way to make money. Market is slow and have deep price ( fit with your analysis ) and mostly happen in long term period. If we see commodities ( gold, silver ) is look like bitcoin, up and down always happen in long term period. Leave bitcoin now before your money get stuck, trust me. |
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I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.
It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.
Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.
But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.
After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
As long you have asset and strategy to try, why not?. I believe your post another way to grow up asset & skill, create alternative to make money and should try different strategy. Trading/ investment is art, we can't see by pieces but see as big picture. For now, I'm ready to trade altcoin using my bitcoin, I see chance to grow up. |
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When you have followed some bounty then at the end of the bounty they promise to distribute their tokens based on the time they have specified. But in fact, after waiting some time token not sent. What's worse, it turns out bounty that we have followed is a scam.
How do you deal with this while your time has gone to work on bounty to promote their projects.
When you decides to join bounty program you should know the risk and unpaid is part of them. Never give up and join another bounty, by time you'll have knowledge to understand which one to join or not. There's nothing you can do about bounty payment, developer decision is final. patience is also needed to face this risk not just for hold, join several bounty is solutions. |
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I am seriously considering it.
There is no future in a small market cap that is pumped and dumped!
I don't think leave crypto is good idea,my money still stuck and I don't have any fund to try another way to create income. Keep patience to hold is my option and there's still hope crypto will rise again. I'll wait until October and if still slow, maybe I'll leave crypto for good. |
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