to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.
Is this a good strategy?
I got this strategy from my friend
Why is everybody always try to gain a lot of money just to buy a lambo? And it is not just easy to promote it on social media since there are only less people that are doing crypto there so maybe you'll have a hard time promoting there. |
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I like the blogs published by Bitmex. One of the awesome sources to gather knowledge around cryptocurrency. In this blog they discuss problem and benefits of deflationary economics. https://blog.bitmex.com/bitcoin-economics-part-3/To quote from this: However, even if Bitcoin has solved this economic problem, perhaps it’s naive to think Bitcoin would result in a more prosperous economic system. Bitcoin is a new and unique system, which is likely to cause more economic problems, perhaps unexpected or new ones. After all there is no perfect money. It just may not be correct to apply the traditional economic problems of the past, to this new type of money. Although it may be more difficult, identifying Bitcoin’s potential economic problems may require more analysis and a stronger understanding of the underlying technology. I agree that it's a new kind of monetary system and it would have it's own problem when it becomes well adapted. but economically speaking do we need this system adding to the complexity already existing financial system. Everything in this world has some flaws. But it is for us whether we want to it not and also it is up to us to improve its uses and for use to let ourselves be useful by taking an action towards it. |
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I know this comes of as harsh and self loathing at the very least, but I'm gonna say it. I'm greedy, I'm forgetful and I'm probably a schmuck. Now I need you to say it with me. When I mean "you" I mean any earthling born of a woman (traditional, surrogate, or one of these innovative sci-fi ways people bear children these days) who has complained or been complaining about the current price of BITCOIN and the entire crypto market in general.
I'm going to say this in as few words as possible, HAVE YOU FORGOTTEN BITCOIN'S PRICE IN 2009 THROUGH 2013, UP TO EVEN AS RECENT AS 2016? Also have you all forgotten the market cap, the lack of news worthiness of the blockchain in those days as compared to today? I'm not gonna do your homework for you all, google can provide good starting points to get those data.
My point is instead of us being greedy schmucks chasing and reading charts all day (except that's your day job then, well, I'm sorry you're not a schmuck), obsessing over price drops that quite frankly are orders of magnitude bigger than what it was years just a few years back. If you couldn't get in then to buy cheap, then don't blame the market for buying BTC at $20000. Be honest to yourself, whose fault is that?
Stop all the FUDding and especially the FOMOing, relax and accept the undeniable fact that the blockchain is an amazing tech a lot of us are privileged to have seen in their lifetime, and know that value always trumps doubt any day any time. Chill and invest in value, transparency, and an actual blockchain, then forget the noise and be glad to be alive. Its a good day to be alive!
Of course, people tend to be that way no matter what. Is is human nature so we may have to control that for ourselves. But somehow I already have fix my problem with that. |
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ETH TO 100$ Soon, Sell now.
What are your basis for that kind of thing? I hope you did have your own analysis for that. But I hope that ETH won't go that low. |
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Year 2018, its been rough year until now starting from the first day. When December 2017 hike came into effect then everyone thought that next year bitcoin and most of the Top altcoins will spike themselves by doubling themselves in volume. With that thought in mind most of the people invested heavily at wrong time. That was the initial event when 2018 started. We surged through mega dump in the period January to February by dropping ourself to 16,000 USD and then 10,000 USD all the way down to 30-40% from ATH of December. Traders Who Invested in December : These people suffered a lot due to this kind of drop. They already went down by 40% from initial investment and there is no way they are going to recover that investment until the time they see 16K plus prices. But according to what I read over the forum most of the people with hard truth sold their coins already in the bear and incurred with huge losses ranging from 20-40%. Learning : This event taught us that whenever the market goes many folds high then its the worst time to invest. Do not think that if the market has hiked itself heavily means it has become stronger and it will grow even further. No, that is the worst outcome you can predict from that. So whenever the crypto currency is in bull run ( ~ 20% + high from initial value) then its not the time to enter the market but to halt your trading operations. Traders Who Invested in February to May : These were the traders who had the excited state after the ATH's. They made investment whenever the price dropped below 10K USD during this period. We had 4-6 such occurrences when the BTC price moved from 10K to 8K USD and it was the exact time when you will see heavy rush in the market and more 24 hours volume than any other period. However this was too soon to predict that the BTC might go boom at anytime after tomorrow, then after day after tomorrow but nothing like that happened and BTC dropped even further to lowest of 2018 that is 6K USD by April midway. People took further shot of investing at this period and then this pumped the market to 8K USD by the end of May. They had great time with this peak because most of them got the profits as they invested during the trough and sold at crest. Perfect trade! But not the best one. Learning: Investment should not be done in excitement because it may result in some sort of loss which could be unprecedented. In this group not all the people got benefited because many of the bought the coins at 10K USD which was still the highest point until the May. However there were people who bought the bitcoin by looking at the bottom price of BTC which was around 6K USD. Nonetheless they made great profits after BTC started its wave off the trough reaching 8 to 10K USD. So the second group here analysed the situation by somewhat studying the bottom price and made the profits. Traders Who Invested in May to August : These are the group of investors who have already understood that this year is not so good for bitcoin and it is all surrounded with the Bearish Trend of bitcoin and even other coins indeed. This taught good lesson and people have now created strategy of buying bitcoin by investing only when they see the bottom rates. Sometimes it is hard to see the bottom rate but with the current years movement it is finalised that bitcoin will never go down to 5.5-6K USD looking at the current trade volume of bitcoin. This group will benefit the most in this year because they are probably holding their coins, they know very well 8, 10K USD is nothing but illusion and what they need to do is, to wait and see BTC moving above 10K USD to have proper sell of from the bear trend. Leanring : The best thing to do is, research your "trade trend". After looking at 8 months of data one can surely state that we are not going off the bearish trend so easily and thus it might get difficult to get profits in such time. So the best way to keep buying at the troughs and whenever you see the bottom price. DONT rush the bitcoin selling whenever you see little green spikes, that would be mad decision to take because you are still selling in the Bear trend and not profiting with great % share. Bear Fear For those who are not capable of having control over their investment can do one easy stuff : They can go for the short term trading along with the swing mode. Though we are in the bear mode then also crypto currencies keep fluctuating within that bear wave by 5-10% on a day or two basis. It can be done with careful selection of coins with such volatility and still have profits being in the bear. With the time you may think that Bear is nothing and just nausea which can be overcome very easily.
My Conclusion from 2018 "Trade Trend"
I was very much disappointed when I first saw the dumpsters in crypto currencies as my investment in versatile coins was going down very crazy. But over the period I did notice these troughs and crest and cant tell you how important they are while investing into the crypto. Whenever I see wide open graph of BTC or any currency then we can clearly see that from January to August every coin has made a wavy pattern with long troughs and crest and then you realise that you could have bought at lowest rates and that too many times and could have sold at high rates many more times. This way profiting yourself multiple times and by re-inevstign your profits.
Key Notes :
1) There is still great possibility that this trend will continue.
2) There is NO POINT in asking when moon will come, because you can still gain profits whether its bear or bull.
3) Bearish trend is just your fear, it doesnt matter for how long it will stay.
4) Try to look at the smaller picture rather than bigger one, because no one knows the future trends.
5) You don't really need TA and other analysts to let you know whats coming, because you can predict whats the trough and when is the crest to buy and sell. Yes, I do agree with this statement, but we can still trade on the bear if we can spot a good trade and entry point. And also this is a good thing to start buying coins while it is so cheap. |
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All the major currencys are down. What's your opinion on the upcoming market situation?
Still on the situation that the market is still on a rest mode and is recharging for a good uptrend any moment from now. We should try to wait it out and try to focus on something else first. |
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Hello dears!
Think I am crazy when I say that the cue ball will be 4500-5000$ for August-September! Can be! Do not argue! But my opinion is the place to be and here's why.
1) Institutions do not want to buy a cue ball for a high price.
2) according to the latest CBOE reports , mega whales are sitting in shorts.
3) Ruling the world just don't want the majority of people got rich and why do so people lost faith in the cue and sold on the cheap.
And the last...
4) analysis of the cue ball for 2014. He fell exactly 10 times! Therefore, from the previous highs ($20,000) ,the cue ball should fall to$ 2000 (but this is the Scam). Therefore 4500-5000$ I think it is real!
Your thoughts are interesting. What do you think about this ?
I know that there is a possibility that this would happen, but according to the charts the major support for me of Bitcoin as in only at the levels of $5000 and I think it wouldn't go down to any level lower than that. But who knows? Maybe that would really happen we just have to wait and see it for ourselves. |
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Many new people on this forum are so focused on ranking up on this forum, with the visions of making tons of money from Bounty and Signature campaigns, but when it counts the most, they tend to drop the ball and they lose out on the biggest profits. My advice to the newbies out there is to forget about Signature campaigns and Bounty campaigns and to concentrate on the things that will help you to make the biggest profits. You should acquire as much cheap bitcoins as you can, during a dip, because you will never know if that price will be the lowest price that Bitcoin would be sold for in many years. In early 2017, the Bitcoin price was around $1000 and everyone was saying it was over valued, well they were wrong and most of the old timers just kept on buying more coins. The end result... The Bitcoin price went up to $19,000+ and we made huge profits. So, please shift your focus on the Dip to something more positive. A dip in the price should be welcomed, because it gives newbies and old timers a opportunity to buy more cheap coins.  Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price.  Yep, I do also am happy if Bitcoin goes down because it means that I can be able to buy some more Bitcoins are a lower price, and I know that the price of Bitcoin will be huge again. |
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This got me wondering, anytime there is a fall in market capitalization, we have an increasing bitcoin dominance, current sits at over 50 percent, what will happen if the ETF gets approved, are we going to have bitcoin draining the entire market,since the ETF is primarily a bitcoin thing at the moment, Is it going to be say 75 % bitcoin dominance for a market cap of 1 Trillion dollars? What do you think? Good or bad for the market?
It depends. Bitcoin dominance really do spike up because of the people transferring from altcoins to Bitcoin because they think that it is low now and Bitcoin would go up any moment. |
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I've just read this comment on another website: my idex account was "hacked" even though my pkeys were offline and i never got hacked till 2015 until i used this idex scam , it was only 600$ that i wanted to buy some dips, got too naive trusting this shitty exchange and trading there
i deserved it . i am 100% sure i didnt get phished hacked or anything , because i am an infosec student and i had all the precaution (only precaution i didnt take was taking off exchange the tokens, bad mistake) however it is idex fault it is a scam, u can or not believe but i think they are involved, 300,000 $ of total scams on this address all coming from idex funds, first rule of crypto, never keep funds on exchange, moreover if is a shitty exchange, beware biz, IDEX IS A SCAM, a pajeet got scammed for 16k
https://www.youtube.com/watch?v=Q9PSDN_1HWk [Embed] lots of ppl got "hacked" , is not an hack idex is involved in this shit for sure, 1.5m cap exchange fuck off , i totally deserve it because i am smarter than this, but man, this shit exchange is involved inthis shit for sure, NEVER GOT HACKED IN 4 YEARS , 2 weeks of idex, hack, strange? 300,000 $ linked to the scammer, all coming from idex.. strange?? IDEX SCAM
0x5e578a71736308594b98e980e32b5554b2bb4150
[...]
DO NOT USE IDEX there is a bug that records the private key entry allowing sniffing through sslstrip while loading happens , plus the private key it can be retrieved through cookies forensics as well
Anyone got any news? Idex telegram is unoperative. I have been using IDEX for quite a long time now and I still didn't get any trouble on using it. Maybe there is something you need that did resulted for you to be hacked. |
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Exchange-Traded Fund aka Exchange-Traded Fund (ETF) is a fund that is traded on the stock market.
The United States Securities and Exchange Commission, aka the United States Securities and Exchange Commission (SEC)
ETF = Gold X USD, Gold X Euro, Gold X IDR, Copper, Silver and various other mines and Bitcoin X IDR, Bitcoin X USD, Bitcoin X Euro.
ETF = asset money (gold, copper, silver, Bitcoin)
SEC = United States Stock Exchange
yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?
The market's price drops is normal because of the charts and I see it naturally that all prices will drop accordingly as the charts tells us. |
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I have seen the crypto market for last 1 year and the last 6 months are not so good for BTC and Alts.
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
If you are really worrying a lot because of that then you should try now to cut your losses and try to move on and get out of the market. Investing is for risk takers and not for crying babies. |
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Hello, I need your opinion. We are going to develop the Blockchain and AI based platform for decentralized self-governance.
We’ll build it a bit later, of course, not immediately. And right now there is a concern about safety and security of the platform for our first solution and ICO.
Actually, we decided to choose between EOS and NEM, but also consider other platforms.
Please, share your opinion and experience with these platforms. Any reasoned comparison is truly appreciated.
Which platform is better or worse in terms of safety and security?
Any other platform comparison with EOS and NEM are also welcomed.
Thanks up front!
EOS will win the race against NEM. NEM was in the community long time ago but nothing happened, while EOS just got in the race and it is already showing off. |
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Risks are inherent or always there whenever we talked about investment especially Bitcoin and the whole cryptocurrency community. But how do you deal with these risks? What are your experiences or even techniques in managing risks? In minimizing risks or even eliminating it?
For me, managing my risks is so simple for me. I do go all-in in all my trading but I do put stop-loss and when that trade goes different with what I want then I get to another trade and make it good. |
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Are we going to Saturn or will cryptos reach only the moon?
We are going there. We just have to wait for thing to set up right. Crypto is currently resting and everyone knows that it will shoot up someday. |
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I saw a lot of news in the media about the price of bitcoin.
and they predict bitcoin can go to the month again in December 2018
and there are some media that say the price of bitcoin will go down and this news makes investors afraid to buy bitcoin.
do you believe the price of bitcoin will rise?
or believe the price of bitcoin will drop!
Yes, I do really believe that Bitcoin will rise and I know that it will happen no matter what because cryptocurrencies are still too young. |
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We can really protect ourselves from any of those without using any of that and maybe that will be the cause for us to be hacked. |
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Binance continues to increase its influence on the crypto market. What is it working for you? Any complaints? Binance is a nice trading platform because it has the biggest volume, but for me, I still like using Bittrex rather than Binance just because it is easy to trade there. |
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I've noticed that the volumes of bitcoin trading, they are the same as in November 2017, when the price were in the range of 6-8.2k, and there were no "tothemoon".
What could change the situation? It could be a radical change on the market, and here I see two scenarios:
1) the worldwide legalization of the cryptocurrency and the expansion of the possibilities for its use, like, everyone has in his pocket telegram with gram pays or LN and use them as simply as apple pay, pay pass etc. There are also normal exchanges in two clicks with a low commission.
2) some kind of cardinal global changes that will force people to immediately invest money into the crypto, massively, and a real example is the new sanctions against Iran as a result of which the Iranians will begin to buy up BTCBTCBTC , because there is simply no other option to keep money, sanctions may be implemented against the Russian Federation and China, will turn off the swift transfers and destabilize the banking system.
Considering how the world is not stable today, the second scenario seems more likely to be truth, the first one needs much more time and without pushing up it will not be realized. Your opinion, guys?
People always says that this is that, that Bitcoin is the same with last years, blah blah blah. We should try not to expect anything for us not to be hurt for what is going to happen. |
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what is the one ALTCOIN you believe in that you will never sell? and why
That would be Ethereum since Ether is next to Bitcoin and also capable of having a lot of gains like Bitcoin and of course because it is more cheaper that Bitcoin. |
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