What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
The only thing I can give to everyone is if you are trading I recommend you to wait for a perfect moment to enter and exit. For example, I need you to wait for everything to go down and in red before buying. |
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Hi guys! Robert Kiyosaki says, 'I think the dollar is toast because Gold and Silver and cyber currency are going to take it out'. How likely it is that it will be true? How can this affect crypto, specifically the price of Bitcoin? Thank for you opinions! Depends on the people that will use it though. I know that many people will solely rely of USD so it might not go down that much. Little people only know about crypto but somehow someday they will. |
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There are quiet a few geniuses here but has anyone come up with a method or an algorithm to find out when someone's scamming people?
How can they see that? I hope it can but I think there are no possibilities that they could see those scammer by algorithm. |
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DASH is fully controlled by the bears. https://app.icex.ch/en/feed/technical-analysis/3307-dash-is-fully-controlled-by-the-bears (graph) Since our last review on DASH, its price has passed half of the predicted path from $ 400 to $ 200. And it seems that the second half will also be passed. And apparently, already in the upcoming week. The market is under the full control of bears: - trend indicators in sale on both the daily and weekly scales; - corrective movements upward are weak, they are also on falling volumes and are interrupted by new waves of sales, so the upward movement don’t get a sustained development; - instead of corrections, we see more consolidations: flat movements near the reached minimums. The decline reached the prices of September-October 2017 period, the area of market concentration before the November take-off. By wave analysis, this may be the ultimate goal of the decline before a new big wave of growth. However, there are no technical signs of a reversal and even no signs of a stop of the fall Perhaps these signs will appear when the rate reaches the support level above $ 200. Time will show. Profitable deals and follow our reviews! Probably, but I know that it will go back after those bears will be tired and everything will be back again when Bulls goes to town and will immediately encourage others to join the ride. |
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They should be afraid of Bitcoin because of the tendency that they are going to be out of the economic zone when things got freaky with crypto. But I really doubt that to happen since banks have a big role in our society for like doing mortgages and everything that would help us if we can't buy things in cash. |
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Nowadays there is a huge concern in all crypto traders and crypto investors, because we all know. Bitcoin's value has continued to decline since January 2018. Even some experts say, Bitcoin will return at a price of 100-300 USD by 2020, because they think that Bitcoin is a Bubble that can erupt and disappear without a trace. Even Jack Ma warns us Crypto actors to be careful when investing in Bitcoin. https://www.cnbc.com/2018/06/25/alibabas-jack-ma-calls-bitcoin-a-possible-bubble-while-embracing-its-.htmlmaybe this is not a new problem in the crypto world, but we all have started to worry, it will happen earlier than expected. BTC chart in june 29  how do you think the crypto traders and crypto investors are responding to this issue? Maybe he is right and maybe he is wrong, but for sure no matter what happens we should try to take all we want from Bitcoin before it gets to 0. |
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I have already invested in EOS as I know that it would be like Ethereum. EOS is still cheap but I know that the price of it will jump off more than the price of Ethereum someday. |
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It would be interesting to know what your trading methods and style are? and how successful your strategy is?
I have been trading for less than a year. At the momement I mostly like to trade BTC and ETH due to the 5* leverage on Kraken.
Up until now, I have been trying to be a trend reversal trader. I mostly try and use RSI divergence on various timeframes (however prefer 4h) in undersold and oversold conditions, as well as using the MACD and the histogram as complimentary tools.
The histogram IMO is one of the earliest indicators for a change in trend that I know off.
I also use EMA 12/26 (cradle zone , area between the two EMA's) as support and resistence, as price action frequently bounces of these averages.
Over the last few months I have been trying to learn the breakout/breakdown Strategy. When the price becomes very very tight and within a narrow range it is usually followed by an explosive break up or down. Knowing the important suppport and resistence (for me i use the 4hr/daily) and then anticipating, if and when they get broken will very likely result in significant price movement in that direction following accordingly.
I lastly look at the Vwap and use it similar to the EMA's becuase many many traders use vwap too for entries and exits.
My trading style is just waiting for a perfect moment to enter and I can see it through charts and with matching news and updates about that certain coin.
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
I don't know and I don't want to know. I hope that when that time happen I hope that I am dead already so that I could not experience any of that. |
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A recent Gallup poll (linked below) showed that only 2% of U.S. investors own any bitcoin, and 26% are intrigued. Think about those numbers for a second... If even a small portion of those who are intrigued start to invest, the movement could be huge. Granted these are just numbers for the US, but statistics should be somewhat similar around the world. It seems we are still in the early stages. I know it may seem slow to many of us who have been following bitcoin for years, but don't lose faith, just think about the math and hodl! source: https://news.gallup.com/poll/238016/investors-not-biting-bitcoin-intrigued.aspxThen that would be good since a lot of people from different kinds of places will still get a change to have their own set of Bitcoins. |
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The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved. Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading. Latest Podcast Episode Discussing More Details
https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35More and more people really expect it to happen but for now I think Bitcoin is at its rest zone and would really be like a volcano to erupt any day now and would make people panic and will start buying in FOMO again. |
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Back in May, reports surfaced that New York Stock Exchange owner Intercontinental Exchange (ICE) was developing a Bitcoin trading platform. This morning, it officially announced the creation of Bakkt, a new company that will help trade and convert the best known cryptocurrency to fiat money — government-backed legal tender.As one might expect from a new company with close ties to the NYSE, Bakkt has enlisted some big names already, including backing from Microsoft, Starbucks and BCG. Microsoft, for its part, will provide cloud infrastructure for the service. Even more compelling, however, is the involvement of Starbucks. After all, the coffee giant has played an outsized role in helping mainstream mobile payments among the U.S. population, it has worked with Square (which accepts Bitcoin) and it just announced a deal with Alibaba in China for coffee deliveries. The chain isn’t always the first to adopt payment solutions, but its involvement goes a long ways toward legitimizing technologies among the public. If played right, this could be the push Bitcoin as a payment system for mainstream consumers here in the States.
In a statement, Starbucks referred to itself as “the flagship retailer” involved in the project, hinting at the very real potential that the company is setting itself up to accept Bitcoin converted through the Bakkt system.“As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks,” said Starbucks Payments VP Maria Smith said in the statement. “As a leader in Mobile Pay to our more than 15 million Starbucks Rewards members, Starbucks is committed to innovation for expanding payment options for our customers.” Bakkt’s implications go well beyond mobile payments, of course. As Fortune notes, the system could help attract investors who have been put off by Bitcoin’s extremely volatile nature. Among other things, it could help make the currency a safer choice for 401(k)s, IRAs and other retirement plans. That, in turn, could help propel Bitcoin toward wider Wall Street trading.https://techcrunch.com/2018/08/03/starbucks-drops-major-hint-at-plans-to-accept-bitcoin/ .... Purchasing a cup of coffee via bitcoin might materialize faster than anyone had thought. I like the idea of starbucks embracing bitcoin. It is known some starbucks function almost exactly like homeless shelters. Adopting bitcoin could put crypto currencies into the hands of where its needed in terms of helping the poor, the unbanked, those who can't afford the minimum balance on a bank account or have trouble obtaining debit cards or credit cards to make electronic transactions. Over the long term this could help people to find jobs to give them more options and opportunities which could help them to escape poverty and elevate their standard of living. Which in turn could help reduce crime and negative trends associated with violence. The point @ the bottom about making bitcoin a safer choice for 401k's, IRAs and retirement plans is interesting. I've wondered if bitcoin and crypto currencies in general could have future potential for retirement funds due to them being designed to appreciate in value over time. An asset which appreciates in value could help to offset increasingly higher costs associated with higher average lifespan. It could imply crypto has potential there. If it does happen I wouldn't still going to waste all my precious Bitcoins for just buying some expensive coffee. But I would consider it somehow and would take it as a good news. |
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If you had $10,000.00 dollars to invest in one
Cryptocurrency and had to hodl until 2020
which one would you buy and why?
If I had that kind of money on me then I would really try to invest in EOS since it is still so cheap now and I know that it would really go really up someday. |
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Note: This article shows why the use of stop loss is 100% mandatory, despite what suicide traders (who call themselves professionals may say). This article comes from someone with over 60 years of experience in various financial markets. Would you ever think of jumping out of an airplane without a parachute? Of course not, but that's what some people do when they trade the markets. They are very willing to put their money on the line, but they don't have much to protect them from a major disaster. Placing a stop, for example, can prevent you from allowing a small loss to turn into a big one, but many traders avoid placing stops. Why do some traders take risks by not placing stops? It can be difficult to know where to place a stop. If you fail to account for volatility, you will get stopped out too soon. Other people are afraid to place stops. Placing a stop requires you to consider the worst-case scenario, and to many, it's difficult to consider failure. It's easier to deny the potential problem, and to pretend it will not possibly happen. Many experts, however, suggest placing stops. They know that nothing is certain when trading the markets. They view protective stops as a kind of insurance policy that prevents a catastrophic loss. One seasoned trader I talked to, says "I never take a trade without knowing my stop. When I take a trade, I'm pretty convinced it's something worthwhile. I've already figured out my stop. I've accepted the (potential) loss before I ever clicked the button or made the call. So if it starts going against me, I don't feel a flood of emotions." For that trader, stops not only protect him from losses, but they help him control his emotions. Stops give him a feeling of security, and allow him to feel calm and relaxed. Experienced traders may use stops all the time, but even the most experienced traders have difficulty following them. For example, one trader I know, admits, "I've blown stops and it's painful. The weird thing is that money does not seem to be driving it. Afterwards, I sit and try to analyze the incident. I certainly knew better. I believe trading is something of a self-journey. It involves learning about your character, your self-control, and your ego." Still another trader also admits he blows his stops: "Sure. That happens all the time. There's nothing I can do about it. That's one of challenges that continue to engross me. Do you hold them or do you fold them? If you fold a long position and prices go up, you get angry because you made a mistake. If you hold a long position and prices go down, you become angry again. Nevertheless, you have to stay focused on what's going on and learn from the experience and try to apply it to the future. You're going to take your lumps in the market." Even though stops are difficult to set and difficult to keep at times, they are an essential component of risk management. Losses are commonplace in trading. As hard as it is to focus on losses, they are impossible to avoid. Rather than avoid thinking of the worst-case scenario, face it head on. Figure out what could go wrong and where you can place a stop to protect you from a huge financial loss. In the long run, you'll find you will limit losses and trade more profitably. Author: Joe Ross Source: TradingEducators.com The note below ends this piece. “So, what is a trader to do? Well, one of the things to do is to re-evaluate the way you envision the markets and your relationship to loss. What you want to develop is an I don’t care attitude regarding your trading. You must look at the markets as being exactly what they are, totally unpredictable. No matter how good a level looks, it is not a foregone conclusion that any particular outcome is definite. What we look for is the high probability trade. There are times when the probability may get very close to 100%, but no matter how close it gets it can never be 100%. This means that whenever you enter a trade you must embrace it as a possibility for loss. When you do this, it detaches you from the loss potential because you are prepared for it. Of course, you already have begun this process whether you realize it or not. You have put in a hard stop! This is imperative. The stop’s first and main job is to protect your capital. If your capital is gone you cannot trade, so it follows that this is the most important part of your trading; and, of course it is derived from an appropriate risk calculation.” – Dr. Woody Johnson (Source: TradingAcademy.com) www.tallinex.com wants you to make money from the markets. The best way to explain from those people are because they hate losing even for a small amount of money, and that loss becomes huge until they want to get out. |
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I know some of you would wonder what this topic is doing here, in the Economics section, but since it is in fact an economic question with purely utilitarian goals in mind, I think it is where it should be. This is a serious question and I'm not kidding. I'm not very interested in European languages like German or French, or whatever, as I think languages like Chinese and Japanese are more promising and rewarding in terms of both usage and money in the nearest future. Personally, I'm more inclined toward Japanese (that's why I'm not decided yet), though I understand that Chinese may be a better choice for the time being and years to come
So what is your opinion on this matter from an economic point of view, with crypto in mind?
This is surely true, since many bounties do participate in other countries I would do also want to learn other languages. Besides, having a lot of languages makes you a lot more intelligent. |
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In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
For me, I want to increase both of them since if they will be a problem with one of them I will still have another back up on me. |
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Do you know any good analitical agencies or individual analytics of btc or altcoins, how made daily or weekly analytics or consensus forecasts?
It is still better for you to do it yourself rather than letting someone do it for you. You could learn a lot from your self and would be a profitable trader someday. |
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I've been looking at the local real estate market for quite some time. People are buying like crazy. Less and less of them are choosing to hold money in the banks and everyone is telling me to buy real estate. This seems to be the dream of every young and old, to have a portfolio of apartments for rent. Who is going to live in your apartment when everyone around you starts to own a spare one? There's not enough people coming to towns to satisfy the market.
At the same time companies are building more and more. There's flats and houses for sale everywhere and new ones are cheaper than the old ones. Why? Because people bought them years ago for e.g. 100k USD and then invested another 20k into remodelling and furnishing. They would like to get at least 100k back, but developers are pumping cheap new flats for 90k now, who's going to buy a used, older one for 100?
These sellers are now waiting because they think it will normalize, but it won't because new ones are still built.
In a couple years people will start lowering the prices of old properties to be able to sell at all and developers will run out of options, because they are building on credit, they have to keep selling. The real estate bubble will have to burst, it's inevitable.
Are you noticing the same pattern around you where every person is trying to save up for a house to rent or buy cheap, remodel and sell with a profit (so called swaps)?
People tend to buy things on hype and would try to get in as fast as they can do. In the end they will get into a lot of trouble because they were not thinking like a proper investor. |
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I think cryptocurrency market shall see a wonderful grow this August. As for some professional traders they said that Bitcoin will have a retrace before going to the moon again. |
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Hello. I and my team are in works of launching an ICO. What we have done so far:
*We are solving a growing problem and we have a working solution;
*A utility token will be released;
*We have a great business model;
*The ICO website 85% finished;
*We just shot a promo video;
*The whitepaper is in writing progress;
*We have an experienced team on board with many valuable connections, everyone will be visible;
*The road-map is clear and sensible;
*The marketing strategy is ready to create a strong social media presence;
*We have direct contact with many advisers and investors;
*We know how to expand the project globally;
*We want to develop our own blockchain;
*It is in our best interest to get us listed on many top ranking crypto exchanges in the world;
*Our office is neighbouring with two blockchain developer giants and we are going to meet them when the ICO is ready;
*The companies legal structure is in place;
We have been in the market since 2013, we have tried nearly everything - trading, investing, mining, analysing, arbitrating, shilling, educating, developing up to today. As the time went on we sensed a growing problem in the crypto and blockchain industry to which we have been working on for quite some time now. To make sure our ICO is a successful we have analysed the top 20 most successful ICO's of all time.
Post in this thread if you want to be the first to know about this project when it is launched, especially if you are a bounty hunter and/or a crypto influencer.
Cheers,
Blockchain2k
This sounds interesting but I hope that this project will be good as it sounds. There are many ICOs that are coming out in the community what will be its uniqueness? |
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