I have been day trading Bitcoin for a few months now. Overall I'm pretty much making nothing and losing nothing. It seems to me that there is no logic at all to the market. No matter how much research you do, how much you look at the technical's and how much you try to hedge you absolutely can't predict the massive dumps that happen every day. They appear out of nowhere at random times and drop the market by $200 - $300 at a time.
This smacks of huge manipulation of the market. They are making it impossible to trade with bitcoin in any way other than a pure gamble. Anyone else noticing this?
The whales and the professionals are the one making money from this market and you have to be able to develop your skills and experience in other to make money from day trading. You cannot just invest into the market without having adequate knowledge one how trading works. Market manipulation isn't new to us, in fact it is exist since from the start and it is getting showy now as a lot of people trying to do so. We cant stop them actually and only we can do is to keep safe from doing trades in front of them. |
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What if altcoin/btc crash? Are there possible ways to get our money back?
Nothing to worry mate as it won't easily goes like that. But if that really happen, it sure we got nothing from our investment. Thats why we only gamble our money while cryptopia still alive and not just sleep in the corner waiting for its pump. |
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I always used IDEX and i did not encounter any problem or issues using it. Actually IDEX is much better to use than Etherdelta and it is easy to use. You should learn very well how to make deposit and withdrawal and of course it need your patience. But based on my experienced i deposit and make withdrawal very fast. Well it is just my experienced using IDEX until now. For me IDEX is a good decentralized exchange.
Etherdelta is the worst exchange I have ever used. I lost more than 2ETH when this exchange was hacked and its interface caused me discomfort. Idex is the same but it is better secured. In short, I exchange etherdelta and Idex I don't see any problem with IDEX, may some delays only it happens sometimes especially when there is exchange maintenance and market traffic. We also consider that certain scenarios and we can be experienced it also in other exchange sites. |
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In my opinion, it is not a good idea to hold your coins for a long time. Since they are going to recover now, the price of the coins is very low.
Absolutely yes, you can't move your investment if you keep on holding and waiting for a moment that it will rise. It is better to find ways and make some gains on it and trading will be the last option. Though it have a high risk but for sure we can get something on it. |
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In connection with the decision not to recognize Bitcoin and Ethereum as securities, experts predict a drop in the value of Bitcoin below 6000$.
There is a lot of predictions coming from expert that someday bitcoin will loss it's value but there not sure when. May only it happens when investors and users never look into crypto and stick into the old one currency. |
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Have you guys noticed that every day around 5:00 pm EST that the market dumps, it has to be Wall Street taking daily profits before they go home for the night. It’s only on weekdays and has happened the last 3-4 weekdays in a row and on Friday’s it’s s bigger dump before they go home for the weekend.
I've never notice it, though. But thank you for giving us hint and we could try to see it. Dumps is always a part of crypto life, we never take it seriously as it happens repetitively. Though people think that the current decline we have is not unusual but we have nothing to do is to accept it. |
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I want to try daytrading because as I see, just buying something and holding is not profitable anymore. I am not new in crypto, however never tried daytrading.
I plan to begin with a very small amount at first for practice and then increase with time.
Can you please suggest platforms and coins for daytrading? I need a platform which has a good android app to trade from my smartphone.
Day trading is not just an ordinary job, it needs more time to spend and regularly checking with your trades. Though smartphone apps is very useful for you to check anytime but it could be better to used PC or laptop for trading than of just using your phone. |
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Learning process will took weeks for you to gain more knowledge and can strategies your own. Basically, people will start trading in low capital and in friendly user exchanges. Once they have enough knowledge on trading, they tried to increase their investment gradually which is the best thing to do to have more gains.
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I think bitcoin will reach the between $7000 to $7500 before it will back again into a lower price of $6000.And i'm hoping to happened it.
Lets wait for the rest of days and learn the movement in the market. But always be in the safe side and just put the money in bitcoin that you can afford to loss only because price in bitcoin is so volatile.
We should better to understand it's system, price fluctuations is very challenging today cause it gets more and more often. All the remarkable pre-historic events happening in crypto last year might be impossible to happen again and sadly we have no choice is to accept it. |
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I am fully convinced that if the market is very much pumped, then it is necessary to sell its crypto-currencies. I do not understand how it was possible in December of last year to simply look at how everything is growing and think that it will be forever
Yeah, were not really sure what will happen in the coming days. December is far enough to have a lot of changes but we can't be sure if market will have a bull run just like last year. Market is still quite and more coins are in sleeping hard. |
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Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?
True, bitcoin can not die for now, this is just a price correction and it will not last forever, an increase in price definitely exists because bitcoin is still the best in crypto. Bitcoin will only die if the people will stop investing in the market but as of now, cryptocurrency is still growing strong which is a good sign for every investors who are hoping for the price of cryptocurrency to grow even more in the future. I'd love the way that there are so many individuals still thinking positive even though we are still struggling hard for another challenge. Yes, truly isn't the way we think bitcoin will perish nor crypto will collapse. Instead of losing our chances and hope, it is better to give our support. |
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I am holding since the market growth in 2017 ended buying in the dip and holding for up to 5 years maybe
Our market today isnt that strong enough to fully on. It takes a little bit more days to fully grown exactly and see big things happen. With the current situation, it is better stay calm and hold until you see greenish market. But Im not sure everybody can handled it cause emotions might tempting us and it can be hardly to stop. |
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The uphold motion of bitcoin raging $6k and above standing stood still for many days. It is quite terrible seeing just that way and never given a chance to climb up high even reaching $10k since January. We know there's a time await us and maybe we could see it before December.
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Looks like the time to buy has come. Market cap is too low still, and BTC domination is very high. I think alts will rise soon for some time (they were dunped too long without any stops). So alts market need correction and probably it just began
Though some people thinks this is the worst time happen in crypto but investors will took advantage and consider this as a great time for investing more. All are in huge decline as market cap from known coins in the market is falling hard. |
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It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.
We understand that all they are saying is just only speculations and there is no assurance of happening. We cant put blame on them as they don't control our investment and they are just doing the same thing like us. If you find it so irritating, then never listen to them and do of what you want. |
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This is your right, but personally my opinion is that now the most favorable environment for buying altcoins.
The price of Eth is very affordable at this time and could be a big chance to buy in bulk especially for small capital investors. But you just not need to put everything in eth only, you could try also into other coins. But never think of quick returns since market isn't that grow instantly. |
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During the last months, particularly during the last weeks, Ethereum has dropped spectacularly, and all the tokens that are paired with it have gone -80% or more. Can we say that the dirt has been cleaned and we can now invest at the right price?
A lot of things unlikely to happen this year compared to 2017 trend. Ethereum dropping moment really affect Ethereum base coins and they are also having a huge decline. We could say that this year might not be in favor to us as mostly everyone are still losing after a sudden drop of crypto market since January. |
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I do not think that long-term investment in NEO will bring you a good profit.
No, it is still have. We cant predict exactly but looking Neo's platform, the possibility is great and could still be exist in a year's coming. Maybe we think that it won't go that high cause all are in declining but when market turn back from falling it surely NEO will fly also. |
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Indeed, many new altcoins are sometimes profitable, only paying attention to the newly released and successful altcoins and benefiting investors. I also benefited from the newly released altcoin, but I suggest not just choosing a new altcoin so it doesn't lose if the project fails.
It is a big consideration to choose the right one and looking its ICO price for us to determine how much could be possible to earned after. Mostly token prices drops drastically once ICO ends and it happens that investors moaning of losing from it. That's why we should carefully interpret ICO project before investing. |
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When the crypto market was sky high, we have seen almost the same ratio within BTC and Eth price increase. When bitcoin price was 12K or more, ETH price was 600 USD, Bitcoin hits the 19K USD Milestone and ETH hit 1500 USD! But at this moment, the bitcoin price is 6300 USD plus but ETH pice only 285 USD! So, this ETH downtrend can impact bad effect on bitcoin? We know eth and other coins price ups and downs depend on the Bitcoin. Then what is now?
We could that they are connected in each other as we are in blockchain technology. Besides, all altcoins are mainly depending on BTC market which means that all their prices varies as BTC fluctuates. We can see all altcoins are dropping as BTC drops again and of course, once it goes up alts also will follow. |
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