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721  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think ICO is a good way to raise money? on: March 01, 2019, 06:52:43 PM
Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time  the team of a project called elementh(https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).

Of a truth icos was one of the Best and good ways of raising fund from the public for cryptocurrencies projects developments but the scammers and fraudsters has see this as an opportunity to scam people and investors of their hard earned money and in turned it creates distrust that we are witnessing in the cryptocurrency market now.  I will said this because I have lost so much fund to scam projects that used icos to raise funds from the public and I have decided to avoid investing into any projects during icos completely.
722  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The bull market is almost here on: March 01, 2019, 06:22:53 PM
The future is certainly bright for cryptocurrencies at the moment and it just seems like everything is falling in place at precisely the right time.
Bitcoin ETF is coming up, Bakkt launch is also around the corner, Ethereum Constantinople hardfork is almost here, JP Morgan who public criticized cryptocurrency last year is launching their own JPM coin which will be the first cryptocurrency backed by a major bank in the world,  and the timeline has been set for the next bitcoin halving.

The bull market is not so far off again
All this events should create a bullish market.  I think ethereum hardfork has happened yesterday and other events are on there way and as such we should expect a bull run before the end of this quarter.  I have been following the cryptocurrency market for long and one thing I have noticed is that if it emback on a trend directions it will last for long before changing of the directions and that is what we are seeing now.  Immediately the bull run commence it may last from now till the end of next year.
723  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH in Bearish Trend ? on: March 01, 2019, 05:50:45 PM
That is what I have been telling friends online!  It is very difficult for ethereum to move upwards because of its hardfork. Bitcoin dominant over the cryptocurrency market do affects Ethereum price and at such ethereum cannot really create bullish trend on it own.  Without serious issues that affect bitcoin I think the overall general conditions of the market will be in the bottom and that is why we should look for positive information about bitcoin in others to see growth in the general behavior of the market.
724  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The dump has started for 2019 on: February 28, 2019, 07:23:42 PM
Today is a very sad day for me ... just when I was thinking the crypto space is on its way to its formal glory ... here we are again... the market is red and over 15 percent down...

How do we free crypto from the hands of whales.. manipulating the market??
I will say we should not think about how to free bitcoin from the hands of the whales! Rether we should think on how to become a whale ourselves.  I have desire to be among the whales because either we like it or not the whales are going to remain with us as they exist on all market.  However,  whales are there to makes profits from the market and whenever there desires the move the market to that direction for there benefits.
725  Economy / Economics / Re: Don't stress too much due to the bear market on: February 28, 2019, 06:30:26 PM
It is of our beneficiary not to panic and over stress ourselves because of the state of the market as this same thing has happened several time and we are to be used to everything because of the experience of some of us here that keeps encouraging others. The market situation that you see happening now has happened before and it is good we look at the past historical data in other to be able to encourage ourselse about the market and invest with the mind that one day it going to be better than today.
726  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Thoughts on STRATIS on: February 28, 2019, 05:45:46 PM
Hi guys! Does any of you keep STRAT long term? See huge potential in it, with its devs, upcoming ICO platform, side chains e.t.c. What do you think of it? Can it reach 50-100 $ in a year or two?
I have been holding some stratis I bought since 2017, and I am still holding it because I did not have another option as I bought them very expensive and it has been dumped to the level that it is finding very difficult to recover.  The cryptocurrency market is generally down but stratis is one of the most hit.  I really don't know if it is going to recover along other cryptocurrencies because  I do pray it do so.
727  Economy / Economics / Re: Bull VS Bear Markets, How Do You Tell The Difference!? on: February 28, 2019, 05:23:15 PM
It is often hard to judge where we stand in the current cycle between bullish and bearish. The biggest problem with this, is that if you cannot accurately tell where you stand in the current cycle, you will not be trading optimally.

We have put together a short, free, lesson to teach you what we have learned over the years about bull and bear markets as well as our strategy to trade different trends, cycles and market conditions. Watch the free lesson on Youtube here.

I would love to hear your own opinions on how to judge where we are in the cycle between bullish and bearish, so leave your comments below.
Thank you for this lessons that you have Put in place and some of us that has been in the financial markets for long,  understand that cryptocurrencies market trading trend can be easily been identified by see were bitcoin is and were it is heading to.  The cryptocurrency market can be analyzed using both technical and fundamentals analysis and we have trendline and candlesticks pattern that show us the direction of the market.
728  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum's price surge this week because of the Constantinople? on: February 28, 2019, 01:06:38 PM
Will Ethereum's price surge this week because of the Constantinople? I hope so ! Cheesy
Ethereum should be in good condition by this week because of the hardfork.  I believe that this is also going to affect the cryptocurrencies market because many coins are depending on ethereum for grow.  We should not expect much bull run now but in a long-term it will definitely going to be.
729  Economy / Trading Discussion / Re: stop loss management on: February 27, 2019, 08:58:09 PM
Good day fellow traders, I'm thinking of using stop loss order in my trades, can you give me some advice how you use your stop loss order?
Stop loss is one of the trading tools one can used in managing trade.  I could remember when I was trading stocks in 2012 and I placed trade and the market went against me but it was stop loss that I placed that help reducing the losses I could have encured.  It is very important for you to trade with stopping loss orders in place as it might not increase your profits but it can reducing loses you may encure.
730  Economy / Trading Discussion / Re: Are traders born or made? on: February 27, 2019, 07:45:34 PM
I think that traders become. I previously could not imagine myself as a trader and was very far from it. But  I was able to learn. The main thing-to have the desire to learn and succeed.
I am really in support of your comment and I strongly believe that traders are made and not born.  It is on this earth that we have the capacity to develop our skills and knowledge on how to trade in the commodities,  forex, stocks and cryptocurrencies market and it is truth that all the foregoing market was established as we came into this world. We have to develop our skills and knowledge on as we desire in other to be able to trade this market professionally.
731  Economy / Trading Discussion / Re: Japan Approves 17th Crypto Exchange – Its First in Over a Year on: February 27, 2019, 04:22:15 PM
Quote
It has been over a year since Japan’s Financial Services Agency last approved a cryptocurrency exchange to legally operate in the country. Coincheck, which was hacked early last year, has become the 17th fully-registered crypto exchange in the country. The exchange has made numerous improvements after it was acquired by Monex Group.

Japan’s top financial regulator, the Financial Services Agency (FSA), announced on Friday that it has approved the registration of Coincheck as a cryptocurrency exchange. Under the country’s Payment Service Act, all crypto exchanges must register with the FSA.

The exchange’s parent company, Monex Group, also issued a press release on Friday with registration details. The announcement reads:

Coincheck Inc … announced today that it has registered with the Kanto Financial Bureau as a cryptocurrency exchange agency in accordance with the Payment Service Act, effective January 11, 2019.

Full article found here : https://news.bitcoin.com/japan-approves-cryptocurrency-exchange/

This can be a better news for the traders which is happening after a year from the last exchange happened in Japan.

But why the positive news about crypto currency not influencing the prices as much the negative news do?
That is good news from Japan and we are having Cryptocoins been adopted in that country.  Cryptocurrencies market is getting improving acceptability all overThe world and by that we would have improved price too.  The market has been behaving some how but with this good news from Japan we may have another upwards price movement very soon.  If other countries are doing what Japanese governments are doing we could have getting bitcoin been used all over the world.
732  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it good to buy EOS token for investment on: February 27, 2019, 07:10:11 AM
Hello i just purchased a little amount of eos token on bitfinex with the hope that it will increase in price. What do you think guys it is a good opportunity for investment buying EOS token?
To me op you have made good investment decision and EOS is one of the blockchain technology that is going to do well in future.  EOS may get to $50 before end of this year and if you bought it now that EOS is less than $4 dollars you will make huge profits in future. I have bought some of the units of EOS and I am very confident that EOS is going to give some good returned in future.
733  Economy / Speculation / Re: bitcoin price increase on: February 27, 2019, 06:43:46 AM
This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?
Bitcoin is growing and we expect more favorable pricing in some days to come.  However the market has taking retracement back a little and that is what we called corrections and bitcoin is gathering alot of momentum for future growth and if bitcoin can break $4250 then the next bull run will commence.  Traders are watching before investing and the institutional investors are going to come to the market soonest.
734  Economy / Trading Discussion / Re: Fundamental or technical, which one you do used? on: February 26, 2019, 06:43:40 PM
The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision.  I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision.  I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market.  Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
It is true and rational for you to make use of both technical and fundermental analysis for you to make informed investment decision because in technical analysis with the use of candlestick will not be enough for an informed investment decision in crypto currency market.
The cryptocurrency market is highly volatile and that makes it very difficult for us to predict and succeed in a long-term but if we can work hard enough I believe that we can actually make an informed investments decision that may put money in our pockets.  Investors that depends only on fundamentals analysis will lose and likewise those that may depends on the technical analysis alone.
735  Economy / Trading Discussion / Re: Day Trading on: February 26, 2019, 06:02:39 PM
Cryptocurrencies market is highly unpredictable and the volatility in its price makes it very difficult for traders to make profits from the market.  To day trade you must be skillful in analyzing the market fast and understand price action in a shortest time possible.  Many cryptocurrencies day traders lose money because of wrong time of investing and because a little time price changes it will become very difficult for one to follow the trend and your open position may just be at loses.
736  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should we be expecting a bull run? on: February 26, 2019, 05:40:55 PM
I don't see any moon now. We are still very much in the bear market and I don't see that changing anytime soon because the major events that can moon crypto (events like Bakkt, ETF or bitcoin halving) will not happen anytime soon. I think the bakkt and ETF are purposely used by the authorities to manipulate the cryptocurrency market, that's why it is being postponed every time. For me, bull run will likely happen in ending of 2020 or early 2021

Isn't Bakkt and ETF going to be decide next month?

I don't see if the sudden rise is due to the expectation of investors as to what would happen when Bakkt is launched but they see this to be an opportunity. IF all are going to  happen then you wouldn't have to wait for 2020 anymore.
Since thereally is a positive signal about ETF and the upcoming ethereum hardfork,  I strongly believe that bull run will happen this year and we should expect that to happen very soon.  The cryptocurrency market has been giving some surprises move and I believe that the way it fall through out 2018 the samething is going to happen again and this time it is going to be bullish trend.  The cryptocurrency market will do well in this year and by the grace of God next year too.  
737  Economy / Speculation / Re: Bitcoin Price Plunge to $3,700 Expected, Say Traders on: February 26, 2019, 05:20:58 PM
Its reset from above 4000 but I wasnt ready to call it negative just because of that so long as it can regain the 8 day average.   So far its flopping on that achievement so far, maybe tommorow but Im not rating it bullish till it gets above the blue line here -



Its pretty neutral till it loses previous high about 3675 or so and thats roughly the 50 dma so good area for watching
It is truth and I agree that the current area is actually a  strong area to watch!  If the resistance around $3700 hold then we should expect bitcoin to resume it upwards trend but if it is broken then bitcoin may fall below $3000 this time around.  It is advisable that we should watch carefully and analytically before investing because there is a bit uncertainty around the current market conditions.
738  Alternate cryptocurrencies / Altcoin Discussion / Re: The worst story continues again. on: February 26, 2019, 05:07:04 PM
The cryptocurrency market is seriously in the downward trend and the momentum is very low.  Those that are investing and selling are the traders and that is why when they sell bitcoin fall and the long term investors seem not be in the market currently.  The cryptocurrency market will only recover strong if long term investors like hedge fund and banks invest into it and I do hope that,  that is going to happen in future.
739  Economy / Speculation / Re: RIP Bull Market on: February 26, 2019, 04:44:57 PM
Looks like it all ended in one trade.
The earlier pump bitcoin and cryptocurrencies market witnessed in about 5 days ago has really come to and end and that do not mean we are not going to have another bullish trend again.  What is happening to bitcoin now and other cryptocurrencies has happened before and the overall general being of the market turned positive and bullish again and that is what I am seriously expecting to happen.  The market is going to recover and before end of this year or by next year we are going to see another bull run again.
740  Economy / Trading Discussion / Re: WHY THE SUDDEN DUMP WITHOUT ANY MAJOR NEWS? on: February 25, 2019, 09:08:06 PM
Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.
I was surprised yesterday when I opened my wallet and see big dump and from there I have to check some of the news sites but couldn't find any reason why bitcoin and cryptocurrencies fall in that ways.  But I think the reason is the normal way the market has been behaving.  The investors that buy bitcoin around $3700 or $3200 has to take profits from the current Gains in the price of bitcoin
and others cryptocurrencies.  
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