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I read some of the topic here in the forum saying that Trading was too risky once you get enter in the exchange platform.
In short, to become a good a trader you are risk taker, it means you are willing to risk your capital investment. You already accepted to yourself that you are a loser once you enter here. Therefore, We are all free to speculate things about your experience and whether it is good or bad, then its up to us if We are going to accept it or not.
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Hi Veterans
I'm newbie when it comes to trading cryptocurrency and i currently follow trading signals from a telegram group
Now the issue is that i'm not sure if they are being honest with figures when it comes to their returns
is there a way i can review all the trade signals automatically without having to do it manually, which is exhausting
checking one trades at a time for over 100 signals is time tasking
thanks in advance for your input
You shouldn't rely and believe about the trading signal in the telegram dude. Most of the time they are hyping their community to their channels to buy the token they will mention. Trading is not really easy, you cannot get this in one day you will get understand it at once, you need to spend time to learn it and and explore yourself more about it. You can begin with the basic knowledge in trading. |
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Back in 2017, BTC hit the ATH at December but all the altcoin hit ATH later in January 10 or so. Do you think, market will face an altcoin pump soon? If so, the right time to invest is now.
2017 was the real season for the bitcoin holders and altcoin holders. I can't even imagined by that time lot of the bitcoin and altcoins enthusiast got their huge profit to the coins they hold. And also ico during that time 'too was exploded became a good impact in the sight of the community here on bitcointalk forum. And now I smelled that 2017 bull run at this point of of time will happen again, because bear market now was almost finish. |
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If someone asks a suggestion about some potential coin, we can tell them very fastly ETH, EOS, ICX, ADA and so on's name. Because right now, the crypto market has many good and reputed altcoins. But after the longtime bear market, do you have any hope for any new token? If yes, then which new token has a good potential in your view? Share with us!
When you say new token, it means that tokens has been listed in the market only this year. Although, we knew there are lot of altcoins now in the market that are really have the potentials in the future. Now that new token I could say that has a potentials are Xbx, Xct, 888tron and Vtx, those are new token and some are still running their campaign so far, were for me has a potential to increase in the future. |
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I began to think this would be a waste of time with everything I learned because almost all the projects I had followed ended in scammers. Is this a waste of time for me?  If there are newbie now on bitcointalk forum, and aiming to get profit without getting any money to their pocket, Bounty campaign is their only way for them to get it. Though, there are few of the new ICO project that are accepting newbies to their campaign, were most of them they've accepted at least Jr. member. But of course for me it is still not the for newbie. |
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Well in that case, for sure none of us here can't tell if ETH by tomorrow will become 300$ or next week.
Because majority of the people in the forum knows that price in the market was too unpredictable.
But since that ETH has a good plan for the future many of the holders believed to their plan, so lets wait and see
what gonna happen.
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In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
Before I hate regulations but sometimes I need to agree with it to prevent scammers, this was according to my experienced. Just like in the exchange that are centralized, like Binance, Houbi, Okex, Kucoin, Coinbene, Bitfinex, Idax and more are all regulated exchange and these exchange in the market too are all belong to the top 10 exchange platform at the coinmarketcap where I knew that our coins would be safe if We activate our 2FA and submit KYC. |
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KYC here in the forum was only implemented for the investors and bounty hunters depending if the project are requiring it to all their participants. But it is good to know that if the team behind the project will also submit their KYC, so transparency to their community will not gonna think any negative about them. Instead, they will boost more about the project for sure.
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Seeing market slowly recover then it is a good sign that there could be next ATH. So, while crypto is cheap.now, Do you think that it is better to invest now? How ready are you to do it. Are you going to invest all at once or make a succeesion of investment over a period of time.
Please let me know your plans and strategy and how you think you can earn from the market.
As long as I have the capital and find out that there is a potential altcoin that got dumped its price, I will not hesitate to buy em then hold. But even I like to buy coins that are cheap in the market, if I don't have any money to take the chance to buy em, I can't do nothing about it. But at the present time now, it is really good time to buy alts now. |
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EOS and TRON are competing nicely with Ethereum. This is a good sign that the cryptocurrency industry is a healthy one. The presence of great competition in the market will surely lead to a more improved platforms. Thinking that Ethereum has lined up its upgrades already few months ago that will last until next year. Now, as EOS and Tron are growing in terms of clients, for sure upgrades will be needed in the future. This is a healthy competition.
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I don't want to expect too much on the price chart of bitcoin and other altcoins, even though I'm seeing positive slopes in the charts. For now, I'm just very optimistic of the great weeks hoping that this increase help to build momentum for the cryptocurrency to call for a bull run. We know that a lot had lost last year compared to year 2017. So, it would take a lot of time to achieve the same success.
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There are great ICO's and also weak ICO's. This is the reality we need to face with cryptocurrency. That's why every ICO investor should perform due diligence before investing to avoid those weak projects. On the other hand, there were strong ICO's that failed last year due to the fact that they were dragged down by the bearish condition of the market. Now, with the market starting to show good signs, great ICO's will mostly like have a good year.
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i wouldn't call it "quitting". it is more like taking profit out. of course this is only concerning when you are making an investment and care about nothing else.
to take profit you have to have set a target for yourself. this target is set based on things such as the profit you want to take, the market state, the asset you have bought, the potential of that asset, and a dozen other things depending on what you have invested in.
for example in an altcoin that is getting pumped, that target for me depends on how much power that pump has, how much hype is circulating in the media about it and also about how much volume i see going into that pump. then i try to speculate a top and dump my altcion a little below that target because i don't want to be late.
I agree with you that quitting might not be the appropriate. This is just about timing up of your investment and trading. It is about the strategy of resting while the storm is hitting, and then returning to full blast as soon as the sun rises. There's nothing wrong with resting. The market doesn't look bright all the time. For sure there will be ups and down. |
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Maybe few years from now, those 10 countries that treat bitcoin as illegal assets will reverse their decision regarding legalization. Consider that almost all developed countries in the world are accepting bitcoin and start developing its usefulness in their economy. Those countries do not want to be left behind as soon as bitcoin takeoff to take over financial transactions.
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The market is doing good this past few weeks with little significant rises. Though this may not be enough to be called bullish trend. This is just a good sign for the market but not a sign for bull run. We already experience almost everything here in cryptocurrency. A lot had been lost already compared to year 2017. So, this little stability may not be considered bullish trend.
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In my opinion, this year's ICOs are lot better than those last year. Investors have learned their lessons already by being diligent and not supporting those fake ones. This might be the reasons why those good ICOs are now visible for the investors. This might be good for us having a filtered list. ICOs this year have great potential.
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I like the number 4 reason which is Blockchain. This might be one of the revolutionized modern technology that might change the different processes around the world. The future of decentralization is already here. Developers and supports from the governments is all these tchnology been waiting for.
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The title is true. Don't do day trading unless you're a skilled and experienced traders. The prices of coins nowadays are not always on the rising side. Unskilled trader may lose bigtime with current situations. If you still want to try to gain experience, trade only the amount you can afford to lose.
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As long as there are fluctuations in the price charts, day trading will still be a good options to earn profit. For sure there will be times of losses and profits just make sure to rebound higher than losing.
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