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721  Economy / Speculation / Re: Bitcoin is crashing due to the falling price? on: October 19, 2018, 10:03:06 AM


Bitcoin is crashing due to the falling price and Price is falling because bitcoin is crashing right?   Grin

It happened every time bitcoin goes up, there is always price correction while the whales are trying to buy cheaper coins. This I think is just what is going on here. Everybody knows bitcoin will bounce back and even if the price is more than $5000, people will still buy. Pulling the price down is logical for those big investors so they can buy back too.
Not like it's the intention of the whales to go after and pull down the price of Bitcoin, but as a free economy and in the quest for profit making, the dictates of demand and supply surely have to play out. Nevertheless, the price of Bitcoin cannot now be said to be crashing - price was done crashing at the beginning of 2018 and no one in his right senses would question the nasty fall, not after such a hasty climb!

Regardless, it's a balm to the wound to know the development of the Bitcoin network have not stalled or retrogressive and so one can rightly say, that Bitcoin is now reinforcing its foundations, which would see to the next climb, being strong and sustainable.
722  Economy / Trading Discussion / Re: How to be A Good Trader? [new] on: October 19, 2018, 05:15:03 AM
I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.
To become a good trader, you don't need to read many books. All you have to do is continue to train yourself with experience. The more you face various situations, the more you will learn how to make the best decisions. Science is quite important, but remember that without experience we will never experience success. Someone who has knowledge will not necessarily have experience, but someone who has experience must have knowledge.
Why moving round circles?

Knowledge is the only thing that makes an experience count, it comes first, else you're sure to never get beyond any hurdle before you. Knowledge comes by reading and observing and through practicing, you come to perfect or properly hone them. Want to believe this is not the first time you would be hearing the cliche that readers are leaders and it's as simple as that! Even as an experienced trader, if you find any material on trading, read them, because no knowledge is waste. Here is a good school to learn to trade and it's free: https://www.babypips.com
723  Economy / Trading Discussion / Re: Do Not Trade By The News, Follow The Price Action on: October 18, 2018, 08:58:20 AM
Listening to news is not a good thing to do when you are into trading. If we believe in the news it will lead us to some bad decision that we will regret if bad thing happens. We should only rely on our own skill and knowledge in trading. Because no one can help us when we lose our capital.
What you got is simply a grand recipe for blind trading. You sure need the news, what you do not need is  swallowing every news that comes your way hooks and sinkers. Whatever trading decisions a trader ends up putting to use, ought to come from their in depth studies and analyses of the asset. When they say, do not follow the crowd, that does not translate to one becoming an island, rather it calls one to responsibility.
724  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🔥💥【BOUNTY】📈LUCRE TOKEN📈 💲BOUNTY CAMPAIGN - (OPEN) 💥🔥 on: October 18, 2018, 08:18:00 AM
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725  Economy / Trading Discussion / Re: looking someone who teach me Trading. on: October 15, 2018, 03:33:26 PM
I don't suggest this way of learning about the crypto trading because if the people who are going to teach capable of doing this then they won't sit with you and teach it because they will be busy in making money by using their strategies so you need to built your own strategies if you want to be a successive trader.
It does not really follow that way, because people are not all the same and there are indeed people with large hearts willing a lend a helping hand, especially when they see an eagerness to learn.

Hi,
It's Isabelle. Jaden Wants to Learn Trading (IQ Option or Olymp trade)
By being specific on Option trade, it tells your heart is already on quick money and it's hardly possible to pursue money and knowledge simultaneously, especially if the knowledge is what's needed to make the money. If you really long to learn, then forget about Option trade for now - you can always go back after you're done laying a solid foundation.

Note that profitable trading opportunities always abound in the markets and will even in the next 10 years, problem is with identifying them, which is why learning must come first.
726  Economy / Trading Discussion / Re: $100 price difference between exchanges ... on: October 15, 2018, 07:24:41 AM
Sure, it is possible. Already the price of each digital currency is different in each exchange. It isn't possible to have the same price in all of them, because the demand-supply determines the price and accordingly, the price is different in every exchange.
This is called ''scalping'' and is a way to make some profit. But, the prices are always variable, that's why earning is risky with scalping.
Yes it is very possible to have differences in price across exchanges because there is no central authority that sets or regulates the price,  rather each exchange comes up with their rate based mostly on the demand and supply. However arbitrage is the right word and scalping is something else.
727  Alternate cryptocurrencies / Altcoin Discussion / Re: Not every blockchain project has a good future on: October 14, 2018, 10:49:45 PM
Point is that majority of blockchain projects supposed to be s scam or changes their mind once collected money on ICO and these guys don't waste money on product development, they buy luxury things and pay marketing expenses to pump their token and get rid off their own tokens. Moreover each idea can be burried under competitors pressure and weak team and multiple of reasons. That's why not every blockchain has a good future.
There are some projects that are actually masterminded to rip people off and such projects no matter how much have been raised through ICOs are not going anywhere no matter how far they might have gone until now.
728  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the crypto market really for anyone? on: October 14, 2018, 10:31:19 PM
I don't really think so,  the market has enough room for everyone to participate and invest. And moreover,  the great news about Bitcoin is that it decentralised nature creates massive room for people. The only thing that one should be considered about is if the investor is willingly to take risk and wait enough.
All said and done, people have varied risk tolerance levels and for a very volatile  asset like Botcoin, not everyone can tolerate its mirage kind of prices. The crypto market is evidently suitable for people with healthy risk appetite and good footing in trading knowledge  and skills.
729  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you think the market will recover and get back on Green?? on: October 14, 2018, 10:10:33 PM
Hi everyone ,

It seems like everyhing turned into red and we don't know where the bottom is ... when this is gonna stop .. WHAT DO YOU THINK??
Best bet always is to follow the fundamentals of any coin or token one is interested in for those are the major factors that dictates whether a coin/token rallies or plunges. Speculations about what time a rally would be in view or not is not what anyone can say with certainty.
730  Economy / Trading Discussion / Re: How do you stomach the dips? on: October 14, 2018, 09:56:27 PM
How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
Depends on the underlying asset. If it's one of the well capitalized coins/tokens and with huge daily volume, 20% drop in price is no cause for alarm. I have seen -58% myself and simply let it be, because of the more likelihood that it won't stay down for so long.
731  Economy / Trading Discussion / Re: Does auto trading bot make good profit ? on: October 14, 2018, 09:42:30 PM
I think most of the trading bots are only profitable if you can try good trading strategy which is market manipulation and specially new altcoin owner run bots to make 24 hour volume so high and manipulate the market to get huge profit.
I think your assertion is unfounded. Bots are automated codes of instructions and if built upon a formidable trading strategy, would likely not be found wanting in profit making. The markets most not be manipulated before a not could make an impact through it's exigent to add here that use of a not can never be a substitute for learning and knowing to trade by ourselves.
732  Economy / Trading Discussion / Re: How important is the mentor? on: October 13, 2018, 12:08:04 PM
It's hard to trust those we didn't know, it might not help you that much, we can learn from them then try to do sometimes in your own, the moment we try it by ourselves is the time we can be aware that we are capable too.
You don't have to know a mentor in person as he/she could as well be at the other half of the world - much appreciation for the world being a global village. What matters most is what knowledge a mentor has, the time and willingness to transfer to others without a charge.

Hello guys,
I've been studying technical analysis for over than 10 months right now. I know that it takes years to learn everything, but I feel like that having someone who can monitor your trades and tell you what's wrong or what's right would be much easier to catch up with everything.

How much do you think its important/good to have someone with who you can share your thoughts about the trading/market situation or who can tell you the "secrets" which you cannot see on youtube tutorials or any other books.
Am yet to come across an exclusive cryptos trading community as we do with forex trade! That would have been the ideal place to run into more knowledgeable and experienced traders willing to point the way forward to newbies that hunger to learn - many are not!  At any rate, look in here, they were my starting points years back and I have come across sound traders and ideals.   https://www.forexfactory.com   http://www.trade2win.com You'll however not find the streets littered with gold!
733  Alternate cryptocurrencies / Altcoin Discussion / Re: Does panicking made you feel ease? Or depressed? on: October 13, 2018, 07:37:55 AM
When there are instances that when the coin you hold has turned to dumped hard, are you biting that move to panic sell all your coins? Do you feel ease that you sell all your coin when the dump starts? Or feel depressed when you dump your coins and turns out it almost x2 the usual price.

The crypto market is indeed playing out the script, "Only the strong survive, only the wise excel." Sometimes when we wear thick skins and settle to look the other way as market plunges, only to be stared in the face by like 50% drop in value - would it not have been better to have sold off much earlier! But other times, it appears the market was just waiting for one to be done selling his hard earned coins and price would hit the ceiling.

It's surely a rat race and panicking and depression are here with us except we learn to take things slow and everything in moderation. Hodl can never be an antidote for panic and depression, but well informed decisions always will.
734  Economy / Trading Discussion / Re: trading outside of crypto? on: October 10, 2018, 10:24:21 PM
I've not really traded outside of Cryptocurrencies. But it's something I'm really looking forward to getting involved in. I got in talks with a friend about trading in other markets like forex. According to what I got from him, He said the trading patterns are quite similar with just minor differences here and there. I might get on the train soon.
Yes cryptocurrency trade shares a lot in similitude with forex trade, but there is usually an edge, if coming from forex trade. So far if your cryptocurrency trade have revolved just around buy and hold and little or no experience with margin trade, then there's still a lot of learning to be done. Be sure you fully understood the meaning of these two words: margin and leverage before taking a shot at forex, because the playgrounds are not exactly same. However there's the good news that you can without sweat lay hands on demo accounts for practice and learning.
735  Economy / Trading Discussion / Re: The advantage of day trader on: October 09, 2018, 08:29:37 AM
Day-traders have big advantages sure.. but with power comes responsability. You don't have that comfort that whatever you do at the end of the month you will still get your paycheck. No.. The daytrader needs to be confident enough to rely on his own skills and knowledge! Wink
What a day trader really needs, is more profound trading knowledge, to be confident with their skills and trading. The market is rarely stagnant and every move a market makes is an opportunity for profit making unlike the case with position traders. With that so many profitable trading opportunities, not to have a paycheck at the end of a month, to the best of my knowledge is the least of worries of any savvy trader, instead we bother about receiving blank checks.
736  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][ANN] 🔥 Vena.network - Open Protocol for Tokenzined Asset Financing 🔥 on: October 09, 2018, 06:22:33 AM
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737  Economy / Services / Re: Windows RDP/VPS Starting at $3 | High performance | 1GBPS unmetered on: October 08, 2018, 06:28:47 PM
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738  Economy / Services / Re: Earn $2/post - Signature campaign for the HODLER Open Source Multi-Asset Wallet on: October 02, 2018, 06:07:45 PM
I see no mechanism in place to ensure the campaign stays within the budgeted $2000 and that can turn an issue along the line!

Would like to participate as soon as there's a positive feedback from a reputable escrow.
739  Economy / Services / Re: [OPEN] Bitplay.Club Signature Campaign | Hero/Legendary Members | $50/Week! on: October 02, 2018, 02:40:06 PM
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740  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EXCHANGE][TOKEN-SALE] Ruby-X♦️“Limited and invaluable gem, Ruby token”♦️ on: September 23, 2018, 08:04:20 PM
I came across Rubycoin at Cryptopia exchange - https://www.cryptopia.co.nz/Exchange/?market=RBY_BTC. Is it in any way related to this project? If not, their names are too close for comfort.
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