Just last week, a Sparrow user shared his profitable trade with our Telegram community -
- User bought a Put on 1 BTC with Strike Price at $9,750
- Settlement Date was on 27 September 2019
- The cost for making this position was 210.93 SP$ (Premium Payable)
- BTC settled at $8,056.2
- Pay off at the end of settlement was 1,693.8 SP$
What’s his profit?
[ (Strike Price — Settlement Price) — Premium Payable ]
[ (9,750–8,056.2) — 210.93 ]
= $1,482.87
The cost of the trade was just 210.93 SP$, for a payoff of 1,693.8 SP$. That’s over 8x profit!
Now who says you can’t win big in a bear market?
SparrowEx I saw you are the unique source of options for cryptocurrency trading! I am right? I have been curious about taking trades on your platform, but I got a problem, it's hard for me to understand options. Is there any section of your website to learn about options? thank you. |
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With such prices and such poor possibilities, the project doesn't have chances on the crypto market. There are some other projects with the same features but with the web interface or with a more sweet price. Idea is useful but without any analytics it becomes beautiful pictures only
I don't think you understand ATAS adaptation for crypto 1) ATAS crypto is still in its beta version 2) ATAS crypto is Free 3) ATAS has lot features you can't find easily out there in one platform You said that ATAS doesn't stand a chance due to its price, something that is false but at the same time you're not saying which platforms are better. It's not true. I have enough experience to say why and what wrong. I can't say about alternatives because this is ATAS thread. At first. Yes, my mistake, ATAS crypto is free, sorry. But the main. Their templates work with candles and directions after some key points. It's a dead way because we have volumes, we have orders and ratio seller/buyer, but we should follow for the chart to make any decisions? This is breakpoint I'm always willing to listen to suggestions, so why don't you tell us what's wrong based on your experience. If you don't know how to make decisions based on the data provided by ATAS, don't blame them for your lack of knowledge! |
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With such prices and such poor possibilities, the project doesn't have chances on the crypto market. There are some other projects with the same features but with the web interface or with a more sweet price. Idea is useful but without any analytics it becomes beautiful pictures only
I don't think you understand ATAS adaptation for crypto 1) ATAS crypto is still in its beta version 2) ATAS crypto is Free 3) ATAS has lot features you can't find easily out there in one platform You said that ATAS doesn't stand a chance due to its price, something that is false but at the same time you're not saying which platforms are better. |
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I don't know if it has the potential to get 50x, but if manage to get to its all-time high from its all-time low is a 30X, not bad at all. I have some thoughts on the project. 1) Lighting network is a great addon for a project based on POS/Masternodes 2) Instead of competing on having the greatest amount of user (Metcalfe's Law) they're focusing its effort into connecting another blockchain with their's to enable Atomic swaps 3) The coins aren't heavily centralized, looking at the rich list of XNS you find that XNS is fairly distributed  I would suggest to had orders on 358 sats, even invisible orders at 158 sats just in "case". |
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I urge caution for anyone trying to buy Libra. I have s near escape. I saw an advert on Facebook and was thinking of getting some. But I remember reading that Libra is not launch. It seems that Facebook dun really check on the authencity of the adverts. After this incident I saw 2 more different adverts from Facebook selling Libra!
You are right that is something happening every day. They supposed to had crypto ads opened for anyone, but it's restricted. And getting a campaign being accepted can be a pain in the ass So I don't know how someone can advertise itself as a seller of the libra currency below you can find a screenshot of one of the ads the scammers are running on facebook. DON'T FALL IN THIS TRAP!  |
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Satoshi Millionaire is one, who has 1 million Satoshi, i.e. 0.01 BTC.
There was a time when new entrants wanted to reach goal of 21 BTC, i.e. one in a million. Then it became Satoshi Billionaire, i.e. 10 BTC. Then 21 million club, i.e. 1 BTC. Now, owning 1 BTC is difficult and being a Satoshi Millionaire is the new goal.
You need to be kidding, 0.01 It's a little amount of money, in terms of Fiat and Bitcoin, a real accomplishment should be to own at least 10% of the total value of one BTC. 0.1 wich it's market value today it's something around 800$, Why I said this arbitrary value? Because it's an easy amount to get for almost anyone in the world with the willingness to put the necessary effort to get it. And also the BTC value in 2016 was around $ 600 - $ 800 before this crazy ride to $ 20K, so getting 0.1 at least should give anyone a taste of riding the Bitcoin-like if were in 2017 if we get into a new bull run straight to $ 100K. To finish I will share the Bitcoin rich list to put you in perspective of how much people have at least 0.01 in Bitcoin savings and how much people have 0.1 or more.  "A picture is worth a thousand words"Do you see it? |
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No se a cuantos países le afecte la ley Fintech, pero el punto es que en algunos países paypal dejará de funcionar como cartera, será solo el transporte de la transacción que llegará directo a la cuenta de banco. Ha de ser por esto que a muchos hackers les urge deshacerse de su dinero fiat en paypal. Lo irónico es que lo hagan a través de DW, ellos podría fácilmente abrir cuentas falsas en local bitcoin y obtener cryptos a un mejor precio. Yo creo que eso de vender dinero barato es solo un gancho para dar un golpe grande a futuro.
Podrían utilizar LocalBitcoins, pero con las nuevas verificaciones de perfiles y de montos. básicamente una persona que manejara volúmenes excepcionales de BTC va a quedar vetada para comprar por mucho tiempo. Creo que el límite superior actualmente es de unos $250.000, hasta para los hackers este monto de dinero es un chiste. Dependiendo del tamaño de su operación y que tanto dinero quieran mover realmente. |
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Is there any real Bitcoin or Other cryptocurrency Investment options?
Like a real estate Investment....
Or something like you can invest cryptocurrency in to start Up business, Not in ico or any Kind of cryptocurrency Project but Project when cryptocurrency is just used.
And what about donations? Is there any good sites about donations with cryptocurrency?
Well if you're searching for something legit I would suggest to search for Security tokens, that's the only legitimate way to invest in something like real state but in the cryptocurrency ecosystem. As far I know there isn't any website out there to get loans, or at least to get funded to start a business. It sounds like a good idea, but also it could have it's drawbacks maybe that's why we don't have any website yet (as far I know) dyor to fund business with money of fools. |
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Here is the reason why bitcoin tumbles in the first few days of bakkt
1. Rumors
while others are positive in the launch of bakkt some people are spreading negative rumors everywhere to pull the price down
note: I don' know what this people wants but surely they want to make profits or tho buy a lower price bitcoin.
2. Panic/
Since rumors are spreading all over now , more traders specially the new once panic and sold their holdings fearing bitcoin will go down quickly.
3. News
the most powerful tools in the world is news specially now we have the internet ofcourse news easily spread im sure you know that they don't care if its legit or not they are going to publish it no matter what, so it also give big impact to the readers specially the traders.
While the community do its best to educate everyone still we can't blame them for selling what they have because at the end of the day they don't want to loose a lot.
its not bakkt that pull down the price I see the graph myself and its not really connected, its really what we are thinking as a trader
Don't get me wrong but, do you really think retailers drove down the price of bitcoin? I mean, that sounds innocent. Something that could be credible was that there were too many people with stops below the $9000 mark. That showed up the invisible liquidity that was waiting to be unleashed. Also, the "Whales" are cashing out heavily how anyone could know that? look at the money flow graph courtesy of coinlib.  So 1.92 Billion on volume only in Bitcoin and only by retailers? (Whales laughing at this) Bakkt hasn't had any effect on the price in a while, the last movement I saw "that maybe was drived" by any statement or movement made by bakkt, was the drop from 6K$ to 3.2$K, so it's something we need to have out of the equation. |
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According to the latest information from Bitcoin.com, they have reported on this. I don't know if this is a bad effect or a good effect on the market? Everyone can make a point here.
Venezuela is about to be classified as a rogue nation, to put you into context the highest officials of the country taken a trip to some of the known rogue nations in the World. One of them is in Nort Korea, another one is in Cuba, you get the image of what's happening? But even after all I have said about Venezuela, that's not something bad for Bitcoin. Criminals have been using bitcoin since it's born, and that's haven't made it illegal. Yep, I got you, some investor might be afraid of Bitcoin being used as a way to clean money for bad nations and criminals. But bitcoin is Pseudo anonymous that means that any movement can be traced, it's easy enough for a developed country to put an AI that search for the Addresses of the funds held by one of this governments And then putting sanctions or even seize the money, if they try to clean it. In short: Is not good but it's also not bad for bitcoin. |
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Over the past few days Bitcoins RSI dipped down on multiple time windows and it went down pretty deep. Dip dip dip! Any thoughts on this dip?
Is this a healthy dip down? Will there be a slow dip, a medium dip, or a fast bounce back? Are you spotting any contradictory signals to this that I am missing here?
You can't tell that much from RSI alone. People often think "oversold" conditions mean "buy signal" but that really only works under ranging conditions. In a strong downtrend, RSI can stay in the lower end of the range or oversold for quite a while. "Healthy" in what way? You mean "is it a healthy correction to the bull market" or something like that? It's perfectly healthy as long as BTCUSD doesn't go too deep. Once it starts reaching the 0.786 or 0.886 retracement levels, we have to start considering the notion that we're actually in a bear market. We've only gone as far as the 0.5 so we're still in the range of normal. Once it bottoms for good, there should be a fast recovery. Pipdips made a good explanation of how the RSI works and the situation of the tendency long term, that something you don't see very often in this forum. clearing that, I have chosen an example in the Daily chart of BTC on Bitmex to show you the DIP isn't a big deal "for now". As you can look, the RSI can stay in the lower end of the range for a while.  also, I don't expect any remaining movement this week. based on the average volume of XBT daily based on the Sk3w.co heatmap.  |
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That reminds me of something I have read a long time ago. Is someone is accumulating bitcoin with bad money AKA as fiat, the price will drive up in terms of fiat. Is someone is accumulating bitcoin with electricity, the difficulty and the hast rate of the network will rise. |
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I've been trading (?) cryptocurrencies for a little over 5 years and have always had little to no success even doubling my money. I know I know, it's not supposed to be easy to double your money.
I work in finance so I understand that a 20% annualized gain is already a ridiculous amount.
I have however seen players doubling, tripling, 10xing their money through a variety of ways of which I can list here:
-Bitmex, Deribit etc. Perpetual Futures leveraged trading (1-100 x leverage - SUPER HIGH RISK)
-ICO/IEO trading (4-5 returns, MEDIUM RISK)
-Spot Trading (BTC/USD, MEDIUM RISK)
-Deribit Options (MEDIUM RISK)
-Cross Exchange Arbs/DEX Arbing (Buying alts on Dex before exchange launching on Binance - requires insider information)
-Gambling Games (Dice, etc.)
Does anyone else have any ideas to share or methods that consistently gives them good gains?
my opinion on 100X margin
Worth reading..
Ok, if you work on finance you should know not every portfolio is able to take the risk of those guys who doubled even tripled their money. That's something should be obvious, so if you have a big portfolio of more +2M 20% it's an exceptional performance "yearly". something I disagree with you is IEO and ICOS, these are horrible business models and are not worth investing, I know that many of the early investors on the IEOS of the binance lauchpad gave unexpected profits to those ones with the balls to take the risk, but is worth the risk? also after the first ICO, bittorrent if I'm not wrong they gave limits on the invest size, "to be fair with anyone", So a big portfolio invested on an IEO is not something smart, SPOT and low leverage trading should be your path since you have said you are a guy that has work in the environment of the financial services. Arbitrage could.. be other of the mediums to make money if made right, with a Quantitive model and a bot with great infrastructure, Servers, Ping,... and Gambling? that sounds dumb, you know the house win over time!!, so stop trying to impersonate someone who really works into the financial services industry. |
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A clip from the article the OP posted: Anyways, please position yourselves to capitalize to the max when Bitcoin takes off to its newest all-time highs $35,000-$50,000. If you don’t have enough capital to invest then I suggest signing-up for a wallet like PrimeXBT. Even with just $100 you can take advantage of the 100X leverage and BUY a FULL BITCOIN. What does everybody think of this?? This sounds like putting a carrot on a stick in front of a bunch of hungry donkeys. 100X it's the greatest scam in the world, why? People use to think it's easy not to get burned by 1% price movement, hah! specially in crypto. But they don't read between lines, because you need some percentage of your position to open a margin, it's something like.. 0.45% of the position.. if you get liquidated at 1% that means when you open a 100X position you at the same time are about to get liquidated if the price move against you by 0.55% it's tricky.. but that's the way bitmex and other platforms that offer leveraged, make their money. and this is only the first part, I'm not taking into account the fees you need to pay for maintaining a leveraged position open. |
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Is trading crypto on your own with no employees and no storefront categorized as a real business?
If you profit $300 per year from this stuff, is that considered a business?
How about profiting $3,000 per year?
Or profiting $30,000 per year?
Where does trading online take on all of the aspects of being a legitimate and identifiable business?
For tax purposes? The IRS does not consider trading to be a business activity. Trading income is unearned income, not business income subject to self-employment taxes. There can be tax benefits to treating it like a business though. They are listed in the article I linked. The primary ones being - You can deduct business expenses (like computer, trading software/subscriptions, internet access)
- In losing years, you can deduct more than $3,000 per year in net capital losses
I'm not a US citizen but it's great to know that you can deduct some money per year in net capital losses, for me that sounds amazing. And also the benefits of treating trading as a business, I'm the kind of guy that thinks trading has only capital gains taxes, or that's considered investing? |
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OKEX is great but I don't trust it because I feel it's a small player btw maybe it's just me and I just need to give it a try, I know Bitmex it's not the best platform to trade but it's the leader in this industry of derivates.
there are many guys out there trying to get some of the pie of the business of BTC derivates like bybit, coinflex, binance, btse even bakkt but it's a rough business and not anyone is willing to put money on risk in a new platform that's why my go decision is bitmex even with all the problems they have.
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End of the CME and CBOE futures, the Bakkt Fiasco and well the descending triangle and the gap on the chart... if you're looking at the situation in terms of trading perspective. I feel the trading War between the US and China was the main driver of the surge in the Bitcoin price the last months this correction is healthy for the price if you're into this long term. to be honest 7400$ is a great level if the price touch there again I will buy more. |
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En este artículo es una manera en cómo se puede ver la volatilidad de Bitcoin:  Fuente:https://www.criptonoticias.com/mercados/volatilidad-bitcoin-explicada/ Nombran que hay 4 Adopciones o Etapas: 1.- Precio Mínimo 2.-Apreciación de Precios 3.-Manía de Precios 4.-Liquidación Cabe destacar que desde que empecé a entender en 2017 lo referente a Bitcoin, me fiaba mucho de estas afirmaciones, algunas veces pensaba que el precio nunca iba bajar, de hecho si bajaba creí que era al menos unos $5K y no más. Al leer algunos libros sobre inversión y especulación, comprendí que el mercado de alguna manera cumple las fases: Acumulación y Distribución, claro en un enfoque más detallado puedo decir que se pueden dar: Acumulación-Tendencia Alcista-Distribución-Tendencia Bajista-Acumulación.....algunas veces puede presentarse ciclos de Re-Acumulación o de Re-Distribución después de haber comenzado alguna tendencia alcista o bajista. Si hay muchas cosas que comparto, como que el mercado de Bitcoin hay muchos inversores con experiencia que sólo se interesan en el precio y no la tecnología, es decir, sólo les interesa el Negocio como tal, que no llevan a 1$ el valor de Bitcoin porque matan la gallina de los huevos de oro, y que prefieren mantener los castillos en el aire de las personas y que aprovechan las emociones que causa el efecto alcista del mercado en las personas, para planear sus trampas alcistas o bajistas para tomar ganancia, cosa que es muy normal, pues no hay nada mejor que operar con el dinero de los demás, y que el dinero que se gana en Trading es porque otro lo perdió, ya que los Exchanges difícilmente pierden. Seguir el rumbo del mercado, es decir, seguir la línea de menor resistencia es la manera más inteligente de ganar en el mercado, no sentir aprecio o apego por una moneda, o acción en el Stock Market( De nuevo las emociones) sino que ir en el sentido del mercado y no en contra es la manera más fiable de ser exitoso. El mercado tiene muchos expertos especuladores e inversores, que aprovechan las noticias buenas para vender y las noticias malas para comprar, obvio, aprovechan la emoción fuerte de las personas de comprar FOMO y la manera más fácil de manipulación que es a través del pánico para comprar, algo así es como entiendo a la técnica de las ballenas o Strong Hands.... Y comparándolo al mercado actual, las noticias son malas, pero hay un inicio de BAKKT, nuevos inversores entran al mercado, inversores y especuladores que no son nada tontos comprando caro, sino todo lo contrario, compran barato, las noticias en sí suceden después de acontecer los eventos, y la predicción es como adivinar el clima o la probabilidad del zodíaco y los signos o tal vez entrar en un casino y verlo como un cajero automático. Los inversores ven esto como un negocio y dejando de último la visión de tecnología, y si están entrando nuevos provenientes de Wall Street, más todavía enfoco mi pensamiento... Qué opinan? Mucho de lo que compartes suena al dialogo de una persona de Youtube, la comparto Aaron Lujan, aunque en la teoría suena bastante parecido a lo que puedes encontrar cuando lees cualquier libro de trading al menos ya se que tienes claro de que va todo esto. Si gustas podriamos hablar por telegram con este mismo nick. |
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Existiran concursos parecidos a este en el futuro?
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