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561  Economy / Trading Discussion / Re: Stratis! Buy on dip! Right now! on: April 05, 2018, 09:15:11 AM
You're statistics are pretty good but that isn't enough to get the whole crows interested specially in this forum. People will start to believe you if you have a great reputation standing for your trades like warren buffet and other traders other than crypto buyers. You got to think outside the box that may differ in your perspective to change in another one.
562  Economy / Trading Discussion / Re: Do you trade at multiple exchanges? on: April 05, 2018, 08:47:00 AM
Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
Yeah if you are a bounty Hunter you have no choice but to pick the highest value of your coin and study them. Why? Cause not every coin or token can be listed in the same trading site. Picking the highest pricing trading site is normal for traders or bounty hunter.
563  Economy / Trading Discussion / Re: little note of trading bitcoin on: April 05, 2018, 06:48:42 AM
i'm new at bitcoin trading
i have read this little note of bitcoin trading someware

Bitcoin up = altcoin down
Bitcoin down = altcion down
Bitcoin stable = altcoin moon


is it true? can i use it for a guide in trading?
and why Bitcoin can greatly affect to other coins
i know bitcoin is the king, legend, the first but is it possible just because of that?
Sometimes i think of that too but after reading and speculating it leaves me no answer and an unethical way to believe. Sometimes also it does but mostly it doesn't sadly we could not comprehend the definite answer to this question that everyone is boggling.
564  Economy / Trading Discussion / Re: best type of analysis to use on: April 05, 2018, 04:58:17 AM
Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.
While bitcoin traders have many tools they can use to evaluate the cryptocurrency market, one of the most tried-and-true methodologies is what's called technical analysis. Using this approach, traders can get a better sense of market sentiment and identify key trends, and, with this information, make better-informed predictions.

Technicians (sometimes called 'chartists') take a practical approach, looking at a security's history (using price charts) and applying various analytical tools to get a better sense of how the market feels about that particular security.

While 'fundamental analysis' - the counterpart to technical analysis - is more interested in determining what a security 'should' be worth, technicians are only concerned with a security's actual price movements. By looking at bitcoin's price history, technicians attempt to identify well-known patterns such as 'support' and 'resistance'.

•    LAYING THE FOUNDATION

To get a better understanding of technical analysis, it is important to grasp the basic concepts of Dow theory, which has provided the foundation for this practical method for evaluating securities.

Dow Theory provides a few basic assumptions:

          1. The market discounts everything. All past, current and even future information is already factored into existing asset prices. In the case of bitcoin, this would include variables such as past, current and future demand, as well as any regulations affecting the digital currency.

The current price reflects all existing information, including the knowledge and expectations of all market participants. As a result, technicians seek to interpret what the price is saying about market sentiment to make educated predictions about what prices will do going forward.

          2. Prices movements are not completely random. Instead, they frequently follow trends, which can be either short-term or long-term. Once a security forms a trend, it is more likely to follow that trend than go against it. Through technical analysis, technicians seek to identify trends and profit from them.

          3. 'What' matters more than 'why'. Technicians focus more on a security's price history than the specific variables that have created this price movement. While any number of factors could have caused a security's price to move in a certain way, technicians take a more direct approach by looking at supply and demand.

         4. History has a tendency to repeat itself. Market psychology is predictable, and traders often respond the same way when provided with similar stimuli. Digital currency markets, for example, have frequently provided bullish responses to key events such as news evidencing rising adoption or greater visibility.

•    IDENTIFYING TRENDS
Identifying trends, or the general direction in which a security is moving, can be very helpful for bitcoin traders. However, singling these trends out can be a challenge. Digital currencies can be highly volatile, and looking at a chart of bitcoin's price movements will likely show a series of highs and lows.

However, technicians know that they can look past the volatility and identify an uptrend when they see a sequence of higher highs and higher lows. In contrast, they can single out a downtrend when they identify a string of lower lows and lower highs.

There are also sideways trends, in which a security experiences little in the way of upward or downward movement.

Traders should know that trends come in many lengths, including short-term, intermediate, and long-term.

•   MOVING AVERAGES

One technique bitcoin traders can use to more easily identify trends is to use 'moving averages', which help smooth out a digital currency's price fluctuations so market participants can get a better sense of where the price has been going.

The most basic kind of moving average is the 'simple moving average', which is determined by calculating a security's average price over a specific time period. Traders might look at what bitcoin has done over a five-day or 20-day period, for example.

A similar tool that bitcoin traders can use is the 'exponential moving average', which gives greater emphasis to more recent price values when calculating an average.

By analyzing moving averages, traders can get a better sense of when momentum shifts. For example, if a five-day moving average falls below a 20-day moving average, this development could point to a bull market turning bearish. Should the opposite take place, with the shorter average rising above the longer average, the converse is true.

  Chart 1: A five-day moving average (SMA 5) repeatedly surpassing a 20-day moving average (SMA 20):
               https://media.coindesk.com/uploads/2017/02/chart-5-day-SMA-rising-above-20-day-SMA.png

•   SUPPORT AND RESISTANCE
Another crucial tool is the analysis of support and resistance levels. By identifying these levels, bitcoin traders can help get a better sense of the supply and demand surrounding the digital currency.

The support level is effectively the price at which a large number of traders are willing to buy a security, since they believe it is 'oversold' (ie sold at a price below its perceived true value). As the security approaches this price, market participants step in and purchase it, creating a 'floor'.

For example, if bitcoin prices trade above $1,000 for several days, any retreat to this price level might prompt market participants to believe the currency is oversold and therefore start buying.
     Chart 2: Support level (in green): https://media.coindesk.com/uploads/2017/02/chart-support.png
                  The counterpart to support is resistance, which is a price level where a large number of traders are motivated to sell a security because they think it is 'overbought' (ie overvalued due to many traders buying at excessively high prices).

For example, if bitcoin prices trade below $1,000 for several sessions, moving toward $1,000 might prompt a significant number of traders to enter sell orders for the security, thereby creating resistance.

     Chart 3: Resistance (in green): https://media.coindesk.com/uploads/2017/02/chart-resistance.png
     Bitcoin sometimes fluctuates between levels of support and resistance, which work together to create a range. This is called 'rangebound trading', and creates opportunities for traders to buy bitcoin when it is near the bottom of the range and sell when it is close to the top.

     Chart 4: Ranges of support and resistance: https://media.coindesk.com/uploads/2017/02/chart-rangebound-trading.png

However, should bitcoin prices exit a trading range, this can result in robust trading activity, significant volatility and a new trend.

For example, if bitcoin prices break through a price level that previously served as resistance, this price frequently ends up serving as a support level. Alternatively, the opposite could happen, with the digital currency's price falling below support, resulting in this level becoming a new resistance level.

•   VOLUME'S KEY ROLE
Bitcoin traders should keep in mind that volume plays an important role in evaluating price trends. High volume points to strong price trends, while low volume indicates weaker trends. If bitcoin prices experience a large gain or loss, traders should be sure to examine volume.

For example, if bitcoin enjoys a long uptrend and then declines sharply one day, it is worth checking out volume to get a better sense of whether this downward movement represents a new trend or simply a temporary pullback.

Generally, rising prices coincide with increasing volume. If bitcoin prices enjoy an uptrend, but the currency's upward movements take place amid weak volume, this could mean that the trend is running out of gas and could soon be over.

     Chart 5: Volume rising as the price climbs:https://media.coindesk.com/uploads/2017/02/chart-volume.png
Criticisms of technical analysis

•       CRITICISMS OF TECHNICAL ANALYSIS
While technical analysis can be a valuable tool in a bitcoin trader's arsenal, those considering using it can benefit from being aware of the criticism brought against this particular approach. Much of this criticism comes from the 'efficient market' hypothesis, which is the idea that market prices reflect all available information.

If this assertion is valid, then there is no value to be had from conducting analysis in an effort to determine when securities are undervalued or overvalued. Efficient market hypothesis has both its critics and advocates, and arguments can be made either for or against the idea.

At the end of the day, it is up to each individual bitcoin trader to consider both sides and determine what they believe.

•   KEY CONSIDERATIONS
By leveraging technical analysis, bitcoin traders can gauge market sentiment, identify trends and potentially make better-informed investment decisions. However, there are a few key variables they should keep in mind.

For starters, technical analysis is a very practical approach, looking only at a security's price and volume.

As a result, relying on technical analysis could potentially cause a trader to either miss out on opportunities to buy bitcoin when it is undervalued or, alternatively, purchase the digital currency when the price may be inflated, at least according to the fundamentals.

To manage this risk, bitcoin traders can potentially combine fundamental analysis with technical analysis. For example, if a bitcoin trader concludes that technical indicators and patterns are telling him to buy, he can help affirm this by evaluating some fundamental data, such as the approaching SEC ruling on the Winklevoss ETF.

Alternatively, a bitcoin trader could leverage fundamental analysis to determine whether bitcoin is undervalued or overvalued and then harness technical analysis to calculate the best point to either buy or sell the digital currency.
COPY PASTING
NO CREDIT WAS USED TAGGED FOR PROOF


Here is the link : https://www.google.com.ph/amp/s/www.coindesk.com/bitcoin-traders-know-technical-analysis/amp/
565  Economy / Trading Discussion / Re: best type of analysis to use on: April 05, 2018, 04:53:07 AM
Good day traders, I would just like to ask what is the very effective analysis to use in trading? I've been using Technical Analysis in my trades and it's not 100% accurate.

If you're looking for a 100% accurate thing then you will never get one to use because NO such things are available.

I'm not an expert in trading so don't know to give you an exact answer to your question but in general it depends on many things like trade volume, trend lines, resistance and support levels, moving averages and market sentiment. Like this plenty of things need to consider but not always market moves as per these technical analyses because sometimes any small news can change complete calculations and markets can move opposite directions.
Even 3 years long traders find it hard to profit Everytime and here you are asking for very effective analysis. The guy here is talking facts about trading because no one is an expert on trading even if they win millions of it because sometimes dumb luck appears out of nowhere in someone so that's what you get from me. I'm not giving salty AF just giving an honest opinion to those who ask impossible answers in this forum.
566  Economy / Exchanges / Re: Hitbtc is a crap on: April 05, 2018, 03:01:00 AM
Simply because you have a bad day with hitbtc doesn't make it S crap.  I have been using the exchange for many years and I  have no bad experience with the exchange. 

I use also that site but i notice if you use that site in mobile phone they have delay to open, example if you click your Account.., it takes a minutes before you actually open to see the token. And the rest i didn't incounter any problem especially if you withdraw your fund from that site it's easy and fast.
Mine was fast and easy maybe your connection was too low or maybe not stable. I use mobile phones since the beginning of this journey of mine but in HITBTC i see no problem in their sites as it is when it is bullish in fees or so.
567  Economy / Exchanges / Re: Hitbtc is a crap on: April 04, 2018, 12:55:22 PM
It's been a month since I didn't use hitbtc because the market was in massive dip, now, getting my bitcoins and to trade because of some pumps that is far from resistance. Upon using hitbtc now, I noticed a lot of changes that makes me lose my money EVEN btc is pumping it's price.

Here are the disgusting changes that I have encountered so far.
1. VERY HIGH Withdrawal fees. It's about ATLEAST100$ fee (equivalent of the coin/token) with the maximum of 1000000$ FEE to successfully withdraw.
2. MINIMUM TRADING AMOUNT. I got 200$ on USDT BUT I can't buy it all on BTC because it must be 0.01/0.02/0.03 and the prices are 73.24/146.48/219.71, NOW how could I afford to use my excess USDT? no other decimal places allowed.
3. 10% Trading FEE. Now if I would trade My 146.48USDT for 0.02 BTC the fee would be 14.648USDT. The total is 161.168USDT, now I still got 38 USDT which I can't trade anymore. Crap, this is what I say Im F*CKED!


FOR THE TEAM
You really need money to buy lambo?  Grin

Update (April 04, 2018, 10:54:01 AM)
All trades must be whole number or divisible by 100. (Correct me if I'm wrong)


Now what would I do if I got my 66 CFI on hitbtc? I can't withdraw it because the minimum amount for withdrawal fee is 181 CFI and I can't buy anything that is not divisible by 100. This is crazy y'know. Send me suggestions.








The problem here i think that you must not trade an odd number in HITBTC I've known Hitbtc for so long and i hate to say this but hitbtc is full of crap lately. Although we can't deny the site to be fully functional but also involves lots of fees in the withdrawal process.
568  Economy / Trading Discussion / Re: how risky is day trading? on: April 03, 2018, 04:04:05 PM
With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?
On a scale of 1-10 i think 9 why? Day trades can't lead you anywhere if you are not a good trader in the first place that actually earns sometime. In day trade doesn't mean you are required to earn everyday but almost give the hardest time even on experienced traders so yeah good luck if you're willing.
569  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What happen with ETH Price ? on: April 02, 2018, 04:29:16 PM
I Confused with the Etherium price When BTC down ETH down and now the price of Bitcoin is up but the price of ETH still down.
is there a reason for it? and give advice to me about Etherium.
Thanks before  Cheesy
Basic logic 101 na matter those two compete there will be now factors that could really prove those two are collaborating. In a sense that they could manipulate things around. Trading with ethereum is easy cause it only covers only so little on fees.
570  Economy / Trading Discussion / Re: Guys, just hold.. We can agree on a few things. on: April 02, 2018, 03:08:04 AM
None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.   Angry

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps
Can't agree more on the first paragraph. Finance guys do make a living by making shortage or stocking the rarest things to be sold in a good amount of money if there is a shortage. From simplest to profit these guys can handle it that is what traders do also in either real life of crypto.
571  Economy / Trading Discussion / Re: What Does Day Trading Means? on: April 01, 2018, 05:23:54 PM
Just what it says day trade. Meaning you always trade day after day basically every day lol. Day trading is the very risky trading method there and second to it is arbitrage trade. Day trade risks depends on you if your willing to risk that much. Almost all day traders don't profit from doing it but others can although not enough.
572  Economy / Service Discussion / Re: Genesis mining super bad payouts! on: April 01, 2018, 11:03:03 AM
Cloud mining... here we go again. I don't want to be a bashful bystander, however, I just want to once more repeat that cloud mining in the ned is a zero-sum game at best.
I learned about it the hard way when most of the cloud mining companies I was interested in the past turned out to be either blatant scams or ponzi investment schemes.
Why does anyone sane is still paying for cloud mining after all these years you know that at some point they will stop paying.
True I've been speculating in these parts but people don't understand what cloud mining can do and the thing is little. So many questions about cloud mining and how to do it. Many have been bashing me also in these parts for being stingy but it's undoubtedly true.
573  Economy / Trading Discussion / Re: Who is ready for the bottom in Bitcoin! on: April 01, 2018, 05:03:07 AM
Me don't worry win or lose I'm not regretting my decisions i can say it's worth a shot now that I've got this opportunity i won't waver my will and faith unto bitcoin. Keep strong lol HODL!!!
574  Economy / Trading Discussion / Re: BTC change of trend? on: April 01, 2018, 12:47:06 AM
The bitcoin price increase trends should have happened today or yesterday, but they're all colliding with the Easter day that took place today and my prediction leads to the occurrence of small-scale sales transactions with large volumes at various exchange sites.
Many things have changed in bitcoin's popularity and i don't see bitcoin ads lately maybe you are right they are colliding with the around the world events. From my perspective the criticism on bitcoin is rising and it keeps getting worse i think that might also be a reason why bitcoin is not on trend anymore.
575  Economy / Trading Discussion / Re: Resources to learn crypto trading? on: March 31, 2018, 02:39:20 PM
So i was thinking to test if technical analysis and trading strategies could be profitable with crypto. I would of course test everything with "virtual funds" first then move on to the real markets.

My question is where do i find the most trustable and high quality resources to teach myself? Are there any free or payed courses online? Maybe youtube channels or blogs that specialize in crypto trading?
For graphs and other stuffs there a certain sites that actually provide just only the information. I choose to pick it to choose what is the best suited trading site that i can use efficiently. They probably list all trading sites including the availability of a coins lists.
576  Economy / Trading Discussion / Re: BTC right now on: March 31, 2018, 09:08:07 AM
What is your take on BTC as of right now? Are you buying, selling or waiting?
If you are waiting, which price are you waiting for?

I am waiting for BTC to break 9,5k or to go through 7,5k. If it goes through 7,5k I'll wait to see where it ends. Above 9,5k I am in.
Bullshit is coming out on BTC. The dip is good you can buy now at a good price please invest on bitcoin now before it gets expensive grab the opportunity before it gets worse. Also share the vibe and information to others so that many investors can be shaken by the irregular amount of value right know.
577  Economy / Trading Discussion / Re: Don't Spend Too Much Time Trading? is that true? on: March 30, 2018, 03:21:29 PM
Yeah maybe if you think trading isn't for you, you might as well give up on potential gains that could probably lead you to a better life the chance are .0001% if you are lazy but that numbers could go high if you work enough and be mature that you can trade pretty easy so think deeply.
578  Economy / Service Discussion / Re: How To Promote A Telegram News Channel - Helper is Needed on: March 30, 2018, 11:59:45 AM
Hi all,

I am creating a news channel in telegram (https://t.me/oneminute_crypto_news) to provide a daily news summary.

I am looking for a marketing manager to help to market in the cryptocurrency market. General suggestions will be also welcome.

Thank!

You may try to run a signature and social media campaigns here so that you could rise an awareness that your telegram daily news is existing. You can also try to use the ad auction by theymos since that one is mostly the most reliable ad choice for you since many people usually go here and its good to see that they will see your banner if they open up the bitcointalk site.
Hmm running a signature campaign might be expensive that social media campaigns. Promoting a telegram channel here in this forum will never work you can find various bad vibes about the users here they can also badmouth you so signature campaign is not a good idea. Social media campaign might be better that signature cause it is a lot cheaper than signature camps.
579  Economy / Trading Discussion / Re: When to Buy bitcoin? on: March 30, 2018, 05:39:25 AM
When you ask? I ask of you how much you are willing to buy it depends if you will buy a dip in a bulk manner like buying 5 or 4 Btc in that dip I'm sure you can profit a little percent every week though i can't guarantee you it will go along to what you want.
580  Economy / Trading Discussion / Re: Day trading was fun! on: March 30, 2018, 02:03:36 AM
Yeah it is fun if you have lots of money to spare and never really care about that much your preference and ours are different day trading isn't fun for everyone almost every traders that day trade's are always stuck at holding if they don't get what they want, unfortunately for some they didn't recover the loss that can't reproduce in the meantime leaving them broke as hell.
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