I looked at my pc screen 247, 20 hours out of the 24 hours in a day. I am familiar with all the trading signs like hammer, inverted hammer, doji. But even with these I still lost while trading. Most times, I decided not to trade without news from a particular project but even with a huge news like partnership, burning folks, I end up still losing. What's really the cause? And how can I trade without losing much?
Even if you do make 25/7 on a day on doing trading it wont really guarantee you out to be profitable if you are relying too much out of those technical aspects. You should mind or do have a balanced way of trading. Loses cant be avoided and it is normal but somehow can be minimized as we do gain experience and knowledge.Just a piece of advice on doing trading dont just rely on technical alone better to have combination with technical and fundamentals.
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An ICO project issues a token to raise capital, so the question is is the number of tokens limited? When and how to distribute tokens?
Yes they are limited depending on a certain coin developer or creator. They do decide to have a crowdfunding and those token count or supply would vary on how much tokens would be sold out and if it does then excess tokens would be burned out which it is really an appropriate thing to do for investors protection towards price manipulation or a certain dump since coin allocation or coin reserve is always on hand of the dev.
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at this time trading still profitable for me. i still hold my coin because some of the coins that I hold have decreased in price and i would make them for long term invest.
Holding is best. Maybe someone here differs with me regarding this opinion but what I think is there must be some wait and gain thing. Like if you have any coin, better is to divide the sum and put one part in one coin and other one in the remaining one. This will help you build a better strategy so that profits can be increased as per the profit ratios of two different coins. Holding is helpful. Holding is good, sure, but it is not the best choice for active people. Good traders can make money even then the market is down. True,even my self could be profitable no matter on what is the condition of the recent market yet im an active trader i can able to make money and scalp on any position. End of the day make some profits but not still a guaranteed one which i would say just trade up by using your knowledge and skills you will able to see on how profitable on making trades out of crypto. Many advantages that we will get, apart from that all altcoin is the best option in making profits, because over time coin that we hold will increase but this is not the right time to sell but now is the right time to buy altcoin lot so that when the price of the stable currency crypto we can feel the benefits of the holder Buying even more alts would really depend on case to case basis which it depends on a certain coin if it do have the capability or potential to rise up its price for long term then its your own discretion to accumulate even more.Making profits is really possible but it will really require skills and if we do try to look at on traders on the entire market we can say that interest on making money on price movements is there.
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I've seen a campaign with a newbie bounty manager is that really necessary? Do you think this campaign is not a scam? Thank you for your answers.
That is the common notion when it comes to choosing the bounty. I alone also consider whose managing the bounty. Aside from that, I look into the trust ratings but these are not necessary. As long as you did a background check on the project and you read the whitepaper and others, and find it very promising, then there is no worries on that. Some projects prefer to manage their own bounties thats why they are newbies. Yes this is actually on some cases where they do tend to make a new account and run their own bounty without even hiring any bounty managers but mostly projects do always find or choose up reputable bounty manager for added exposure.I cant totally say that most newbie managers do ended up on being scam but risk and hesitation on joining up would really be there because we would always prefer to those managers who do have history. As a bounty hunter then we should do our assignment on making investigations as a part of our assignment to know and might discover if a project is a total fraud or do have intent on scamming. Keep an eye into too good to be true offers specially on bounty allocations where if they are too big then expect problems will rise soon either they do ran off or they do suddenly change the rates or stakes.
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at this time trading still profitable for me. i still hold my coin because some of the coins that I hold have decreased in price and i would make them for long term invest.
Holding is best. Maybe someone here differs with me regarding this opinion but what I think is there must be some wait and gain thing. Like if you have any coin, better is to divide the sum and put one part in one coin and other one in the remaining one. This will help you build a better strategy so that profits can be increased as per the profit ratios of two different coins. Holding is helpful. Holding is good, sure, but it is not the best choice for active people. Good traders can make money even then the market is down. True,even my self could be profitable no matter on what is the condition of the recent market yet im an active trader i can able to make money and scalp on any position. End of the day make some profits but not still a guaranteed one which i would say just trade up by using your knowledge and skills you will able to see on how profitable on making trades out of crypto.
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Almost people suggest to hold but it has corresponding risk or its like gambling your tokens that you believe on recovery in the market. Almost people do always suggest hold its because they believe if youre token has a potential to rise has more probablity that you can earn double from its original price.
No investment will never be like gambling in investing you can affect the probabilities you are going to become a winner by preparing yourself something that cannot be done in most gambling games, I love gambling but we need to learn the difference, people suggest to hold as an strategy simply because it is the best and it gives the best profits with the least amount of effort. Correct and i do agree. Comparing pure gambling and investment risk isnt really completely the same,might have both on having risk but they do have on different level yet investment do have factors which we can base so that we would able to less the risk on losing up money.Holding up our investment would entirely depending on the coin we do believe. If you do see the potential then why not hold?
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I have been hearing about a lot of fraudulent altcoins out there. Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However, I believe I came across an article that called them fake. The thing is the article did not go into any further details.
All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me Crypto-world, what do you think?
Only people who do lose up huge sums of money do called it as a fake coin which isnt true. If you do try out to trace up the history of this dogecoin then you might be shocked since this coins is almost nearly aged with bitcoin which means its been here for how many years already but still do have the value even though it is low which is considerable seeing only into its total supply then its normal to think off.
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I saw many telegram groups for this, is it even legal?
Not a surprising thing which you can eventually find lots of this telegram groups which do claim to be pump and dump groups but actually they are just using out new people to buy those already pumped coins and then suddenly dumped down and leaving those new users behind on losing up money. Its not really legal in any sense since its just like a swindling for me but we do know this cryptoworld where anything cant really be easily to traced up.
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Not a beginner, Capital isn't a problem, I run a crypto based business and am always looking for sources to buy large amounts of coin at good rates.
I'd say probably Localbitcoins[1], as you wouldn't have problems with banks and taxes and stuff because you can purchase peer to peer, even with physical cash. Though I'm not sure if you can call it "good rates" though. I suggest posting your own offer for optimal rates.
[1] https://localbitcoins.com/This is the most easiest way when it comes on transacting or even buying on bulks but talking about the rates then expect it would really be more higher compared into the market price 10-15% in my own experience but somehow there are other sellers that do rush selling if youre lucky enough to catch it then it would really be worth.
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I was wondering, why a lot of projects don't have such an important thing for a successful ICO as a product.
When a company has a product it means they have it to develop. In such case, a company shows why they need ICO and how the company will be growing. What is more, there is more trust because a company has experience in a field they are working.
For example, KickCity company that exists two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion.
On the other hand, no product ICOs can prove their success just in theory. There is no proof base that product will be developed and will be working right.
In such unstable industry as ICO everything has to be under control. The product is one of the things that shows the campaign is not a scam. That is why I believe it is better to invest in ready-made products ICOs.
Seeing projects which do have already a working product is good but not all projects that doesnt have working product isnt really worth to invest yet there are projects which are really worth to put up money with just seeing on their roadmap and development timeframe we would able to point out that this would really be a good one. Its up to you if you do risk it or not but im assuring you that there are already lots pf projects doesnt really need or necessarily to have a working product for them to succeed.
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To secure trading in the delta,
create new account contract address in delta,
do not import main account to delta
if want to sell token, from main walet sent to walet delta,
after finished sell direct , WD to Main walet ...
this way is rather expensive for his FEE.
This is what im doing since from the hacking incident on where i do make use of another new generated wallet on the etherdelta site itself and do send all of my coins into that wallet rather than on using my own main wallet. It would really cost you some fees but it doesnt matter as long your main wallet is on safe state then it should be fine. Be wary than sorry if someone do hacked you because of such disclosure of your keys.
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If you limit yourself in trading, it doesn't just helps you to target your expected profit you assume but it is used to protect a trader's captial also. We all know that trading with cryptocurrency coin or altcoin is risky since it volitile. But there will be also a good effect if you will limit yourself in doing trading, a risk can be prevented to harm a trader. So there will be an advantage or disadvantage if you will do in trading.
Good money management would really be always suggested when it comes on trading because this will really help out a certain trader to limit loss and this thing should really be always on mind when we do make trades. Always limit loss and we can do this by our own experience and skills by a short period of time and mistakes do commonly happen which we should take this and learn from it.
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When I started to trade in forex, I rapidly discover how addicting this activity was: you live in a world of charts, japanese candles, exchange rates, and start to neglect family, friends and your own health. When I risked a nervous breakdown, I began to discipline myself, and now I stay in front of the monitor a fixed number of hours. Take care.
Which true, when you feel the excitement thinking that you are really good in assessing results then you will keep doing it again and again, you will be force to keep monitoring and keep yourself in front of your screen, you always wanted to see if your speculation will become true or if your assessment will happen, having good decisions and making it possible will make you more hunger to use most of your time. I cant say its hunger but this is somehow can be treat as a perseverance on what we do. Spending too much in trading isnt bad as long we do know on our priorities in life then it should be fine since we do know trading can really give the opportunity on making us financially free.This is the thing what most people are dreaming off since doing this thing isnt really very easy to achieve it takes time for you to learn it.
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If you can withdraw from bitgrail, do so immediately.
It's too late now, though i don't think it was possible after the new year eve already. After NANO team has brought the light on the situation this week, BitGrail closed all the activity. All they do now is offering their "full and sincerest apologies to the customers and to whom has been involved into the illegal transfers of Nano occurred on the platform". Atleast they do give their sincerest apologies to those users who do lost up money but their reputation is already have a scar. Luckily i have withdrawn and converted all my XRB (Raiblocks) before the incident happen which means i have avoided such mess. For now its not really good to make any transactions to that site and rather avoid at all cost. They would really do make some alibis just to indirectly shown their true motive.
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I am always annoyed by etherdelta's user interface. It is hard to use usually in mobile device and hard to scroll down especially when buying or selling. Unlike other trading sites have good UI. I can't stop using etherdelta because most of my tokens are only tradable in their slow site.
It does suck at all levels. However it provides a service that is not easy to find, as you can list a token without any particular approval. True platform is somewhat complex but the advantages more than bad, but the team to develop the platform etherdelta is the easiest exchange to sell new tokens that have not been listing in the big market yet we will be very disadvantage for the reason that the price is cheap, the needs of the seller are very profitable for the buyer at low price and they will keep it in the long term to sell when the price is expensive Not a surprising thing that etherdelta do easily list tokens which are new in the market and mostly of them are erc20 token based and as you said they are really on bargain price since this is the first trading site which most ICO project do fall. The thing here is that they arent already safe since the Hack happened back in the past this is the reason i dont use their exchange already.
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Yes, having more traders is really good, and a lot better than limited number of traders. This will activate the crypto market more, and it will increase the prices of so many coins and tokens. When the number of traders is small , usually you cant make many orders because the options are also limited.
This is the advantage on having more traders which theres really an activity in cryptomarket which means as a trader you would really have that kind of movement where its very active unlike on having no traders which means theres no activity among sellers and buyers which means you cant do any movement that would make you money which means as a trader you wont really like that kind of situation.
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I think that is the common feeling of many investors when entering into the financial markets and the cryptocurrency market too. The charts and numbers of crypto coins haunt me all day, even in the dream I still see the volatility of the crypto coins. Many investors eat and sleep in the same market, so the impact of the market on themselves is very easy to understand.
Same situation here on where it comes to a point that those charts and numbers is already being part of my daily life which i do always think off and talk about numbers related on my investment that its on order or even on idle state. Sometimes people around me notices some odd gestures or behavior which isnt really usual for them to see on me but well its just a normal thing as long we are making money on here it would be just fine.
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Participating in bounty programs is such a great way to get coins and tokens and treat as an online investment. Just be more cautious on how to know what are the legit ones or not.
Agreed!! Airdrops is one of the many ways to earn tokens and make as an free investment. Some aidrops will ask or force you to pay a fee in order to participate the airdrop which im thinking that it is a scam. When you do encounter these kind of scenarios on where they are already asking for some fee for you to get coins then we should really stay away.I got victimized on these scheme without even knowing that they are just tending to scam out. I do not participate in airdrops anymore. there are a lot of deceives and then they send a lot of spam to the mail This is why i do only use dummy accounts so that my main email wont really be spam out by ICO advertisements or even phishing sites.
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One word to overcome your fear: EXPERIENCE. Once you have encountered hundred or thousand times, you will overcome it, and this is important to go through, no shortcut.
You wont need to have lots of experience because in my own view having an experience either once would really be enough for you to learn to hold up. As long you do able to witnessed and observe on how crypto market works you would able to identify on the things you must supposed to do along the way. Fear cant be avoided but when you do already have the knowledge and a awareness then making decisions would really be very easy.
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Because holdig will lessen or should I say no loose on your holding. When you know what coin you are trading and the price was gone low after you buy, you will just loose the capital when you sell lower. We suggest to hold in that kind of situation, because no one knows what would really happen the future, no have made it correctly to predict it.
Holding do have a corresponding risk or just like a gamble and if you do tend to risk to hodl since you do believe on recovery of the market then you can do such thing. People do always suggest this thing because our investments cant be still considered on losing side as long we didnt sell it and still idling on our own wallets. Holding is the thing we can do now specially on a crashing market.
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