what actually happens why altcoin all red blush
No one can give you the correct answer, the value go down and this is the right time to fix our strategy again. Everything is possible and we don't have control about it, so just follow the trend and get out fast you can. Up and down is part of market and we only need to find the right time to buy ( in ) and sell ( out ). About why up or down just ignore it, it will make you stress. Stay calm, do what you have to do and face the risk. |
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Courious about this just because the tops are always for the Best or the moust profitable .. what if we know the worst ones .. in your opinion ?
I am still in research fase, but what I saw is that doge coin is one that everyone laugh at , still not sure though because i saw it has quite a good market cap.
Worst is just because we get loss, money stuck for long time or never get good response from dev project and most people will say get loss. Actually we don't know which one is the worst and that's why we should prepare about money management and also stop loss. Just take one and do the best and accept the result. It make you become better person with high knowledge but wise. |
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For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.
I can see from group, forum and member opinion say you should buy back, but I'm afraid this is not the right time. We should wait at least until March to see the real price action. My opinion is not the same with you all but I believe wait until march is better. For basic analyze, use long time period to see what I see ( 4h - day - week ). Thank you all. |
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I am eager to invest for now. But, I am still confused which coin should I choose. so much of his coins are good to invest. I just want to get the best coin among the good ones to invest .. please me, give me feedback.  There's no profitable coin because I believe about strategy, even you're not an expert and take the wrong coin, your strategy will tell you. Every coin has their own pattern and loyalty audience, we can't push them to agree with us. Most people will say bitcoin, ltc and ripple. As a friend I just say take one coin with stable volume and start invest. Good luck with you. |
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I just wondering the impacts of Facebook advertising ban on the cryptocurrencies. What if Twitter follows the advertising ban? Is the results will be damaging to cryptoworld? Your thoughts...
Everything is possible and we should prepare for the worst. Social media ( fb, twitter, etc ) is powerful tools to introduce product but also there's alternative besides that, such as you tube, blog, web. So, nothing to worry about it, just follow the project rules and keep receive payment. We can't do anything about ban, that's twitter policy. |
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Hey guys, I am a brand new crypto-girl, and I'm thinking about investing in ICO's. The thing is, I shop online a lot and I really need a tool which will allow me to pay with a crypto currency. I came across Bitcoinus ICO, they're creating a cryptopayment processor for online shopping. Exactly what I need. Planning to use it. Any ideas?
I'll not recommended to invest with ICO even you have good analyze and faith. ICO is new product ( coin ), need big fund to keep develop the project, news to give positive impact and also time to built trust with member. New is opportunity but for quality you need to wait first and see their price action and volume at least 6 month before decides to invest/ trade. Be careful with your money and good luck to you. |
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Good news for XRP holder, because ripple company has new partner now, ripple say " since launching xRapid late summer, we have signed on 4 costumer : @moneygram @Cuallix @IDT_corp and @mercury_fx_ltd -payment providers are leading the way to use xrp in real money pilots. Ripple is in top 10 in coinmarketcap. Be smile guys Im sure xrp will be bigger in the next For complete information you can visit : https://twitter.com/Ripple/status/956558033731010560I'm not follow ripple news, see their price action and volume only and from there I can see ripple is good for invest not trade. All this time ripple has so many news but still doesn't have positive impact, still slow but sure. I believe news like will not giving significant impact into ripple price but will increase the volume only. So, let's see how good the news into ripple move in the graphic chart and have a nice day. |
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hey guys ...
suppose you invest 10k in crypto
at what stage would you consider getting out and taking your gains ? if you 10x ( 100k )
or are you very very LONG on this ?
Your target is not realistic but possible ( sorry ), too high and need high skill and time to be done. Most people will say, get out if the price reach your target but some people decides with " almost " is enough. Another opinion is, get out when the price reach your stop loss ( cut loss ), meaning we have stop our activity to minimalism our loss. Time is relative and patience is needed, do you have it if must wait & see until 5 or more years? I believe you don't. Change your plan, fix your strategy and good luck to you. |
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Buying and holding coins is not as profitable as it was used to be. Thus, I decided to be working and investing in promising ICOs. Once the ICO is over I normally sell all the coins/tokens. I recently discovered, few weeks after the ICO the value of coins/tokens normally drop by a minimum of 30% - so that is my entry level again. Meaning once I noticed that, I'll just go ahead and rebuy the same coins/tokens at cheaper rates. By doing that, I can make lots of profits. Share with us what you think about my latest strategy, thanks  I must say " amazing ", your strategy is very good one and I'll use it in my next trade, can I? really great. Until now I never invest/ trade with ICO but only with bitcoin, xmr, ltc ( invest ) and eth ( trade ). I never trust ICO because I have bad experience about it, loss almost 40% from my money. Let me start trade with your strategy for better result. Thank you so much. |
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If you had 10k to play with and your aim is to get 100k, would you split it into ten, 1k investment with the hope of ten 10x's or just one with the hope of one 10x
or would you do something else
Too risky and look's like gambling, besides that 10k to 100k is possible but not like your post. If I have 10k, I only use 50% and split into bitcoin and ltc. Bitcoin now has low price and ltc still with their little volume, that's great indicator to invest. For alternative, I'll take 1k to trade with eth. With small amount and daily trade I believe eth will give me income. Just like that strategy from 10k to 100k. |
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Top reasons that leads to fail in trading Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything.. Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin. Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading. 1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News
P.s
I have quote some people words from my last topic
Your post completed my knowledge and it's very helping me to get better result in the next trade. Until now, I don't have journal to save my trade activity. Maybe because of that i still repeat my mistake again and again because I don't have any record to remind me. Thank you for sharing this valuable information and good luck with you. |
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Hello everyone
I am newbie here in cryptocurrency trading so i can feel what newbie feel when they start trading.
As newbie, one thing we have to do is learning. Learning can be from any source for example this forum, google, youtube or maybe private with expert. You can choose betwen those source to learn how to start trading so of course we do it to get skill which we can use to trade. Skill is very important but there are other thing such characteristic that we can not learn so easy from those source.
1. Greedy
Greedy is first characteristic that can make us ending in loss. If we trade without profit target, this greedy can kill your profit. Try to make target for your trade for example 50% or 100% from your capital in long term or 5% in short term. Sell your asset after touching the target, if not the price maybe go back to bearish.
2. Patience
This is specially very important for long term trader. Dont ever sell your coin in the bottom of buying price. We should be patient waiting the price return back to bullish.
3. Panic
Panic can be solved by choosing the right coin. Becasue if we choose the shit coin then we will sell it in panic if the price goes down rapidly. So panic also very dangerous for our asset value.
4. Confident
Confident is needed when we try to pick the right coin. Without confident, we can miss the big chance of the profit because waiting too long to execute. But please dont over confident.
5. Doubt
Dont ever doubt if you think that is the good coin, just do fast reaction to make good profit. This doubt can be solved by doing good research before picking the coin.
I think all trader have noticed those above characteristic but thats special for newbie like me and other newbie.
I am not expert so i can not explain it well and i hope any expert can correct and add others if i miss it.
I hope it can be usefull for newbie.
It's very helpful, one more knowledge for people like who who still learn about trading. I have different opinion, for me, we can say greedy, panic, doubt is just we can't control our emotion. Your post is look's like human nature, always been there and will never gone. If we can control our emotion I believe your list will never happen, meaning we have disciplines and focus to grow up capital not for make profit. Thank you for post. |
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Hi guys, I have 13500 usd invested in crypto - would love some feedback on my current portfolio as I am thinking about making some adjustments. DRGN - 7.6% ICX - 18.6% NAS - 16.6% NEO - 23.6% OMG - 10.9% TRAC - 7.9% WTC - 6.8% XBY - 8% All input appreciated Nice portfolio, you're opportunist investor with huge fund, great combination. Most people will say don't forget to buy btc, eth and also ltc and that's true, otherwise this is the right moment to buy back, the price has low position but stable volume. I think you should not invest in many coin, specially from ICO project, too risky. Just like that and good luck to you. |
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There is a saying among the forex traders that "the trend is your friend" and if you really want to make it in forex you have to learn how to follow the trend. Many of us tried to used trendline, moving average cross to identify the position of the price and used them also to identify trend and some time it assist us to place a good trade. However, I have learned in cryptocurrency to focus on events and news about bitcoin or cryptocurrency in general and this has been actually helpful. My question is what have you learned in bitcoin and Altcoins trading that you did not know exist in illiquid market?
I learn to accept the result and try to fix the strategy to get more profit. Look's not interesting what I learn but for me that's the value of trading. When we can accept the result, it will be easy to keep disciplines with our strategy. Meaning we will never panic to buy/ sell/ hold even the price go on the wrong place. Fix strategy is never make the same mistakes. From there, you'll understand always loss, mostly because make the same mistakes. Just like that and thank you very much. |
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hi everyone please tell me the best ico bounty campaign
You have to research and try, from there you'll have answer. Bounty campaign is only strategy to introduce product into audience hope they will replace their money ( invest/ trade ) into the ICO project. Most people say the best because the value ( payment ), simple task and never delay about up date information. I can't tell you which is the best ICO because we have different mindset and perspective. |
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Hi all , im Esteban, Im 30 years old , and im from Colombia, im a general practitioner physician, since when i was younger i always liked all trading- bussiness related; for 6 months I have been gathering information, studying and reading a lot about the technical analysis of the markets and I have a demo account in forex which has grown almost 100% in 3 months applying some swing trade strategies, the problem is that I feel that There is too much information out there and I want to create a study plan to deal with trading effectively, I know this requires skills and a lot of learning, what I'm looking for is that they help me describe a learning path, theme by topic, how do I think you should study trading.thanks in advance.
I believe learning by doing is the right answer, replace your money into real market, test your strategy and fix it when problem comes up. It's look very easy to say but hard to be done ( just like me ). Actually, you can choose any method/ strategy you like to manage your money. As long you know what to do and get income, you're on the right track. Good luck and happy trading for you. |
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I just work on bounty at this moment.But every person have a dream.I have a dream.I want to make a big investor.I want to invest on ICO.Can anyone explain me, Have any risk involved invest money on ICO?
Invest in ICO is very risky and also bad idea, ICO is new and need more time and hard work to show this product ( coin ) can survive. Loss is only risk you'll get if decides to invest, but you need to know that your mind and time also get impact. Look's simple, but most people can't accept their loss and always blame the market. Dream is good but you need to search and analyze safe way you should take. |
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Hi, guys!
I am in cash in Bitfinex now, what would be your advise to do now? What coin to buy or to stay in cash? THANK YOU!
You can try to buy LTC, ETH and XMR, but I think this coins is for invest not trade. I suggest invest because is good for us, not making stress and also need little time to analyze. We can predict for long time period and hold it until the price comes up, it's look like lazy but this is profitable step. Your money your call, I only can say good luck to you. |
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What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down
Secure profit is simple, exchange become currency ( wd ) or another coins and start new crypto journey. Secure ( safe ) is not only about quantity ( number ) but also about quality. Meaning, we must use it as a way to increase profit it self or our skill. I have different mindset about this and maybe not all of us agree with me. Mostly, I use my profit to increase my skill to get bigger profit. Sometimes I win but with many loss of course. But I enjoy the journey and will keep doing that until I find another way. |
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I just started with buying some crypto coins and have a lot to learn.
But almost every time when Bitcoin is up, al lot of the other coins also go up. And the moment Bitcoin drops , the other coins also drop. Is this just a coincidence or is htis how it always works? Can someone explain this to me?
That's pattern and will happen over and over again but no ones know when. Look's simple to understand but believe me, that's the hard part. Most people get loss because the don't want follow the pattern, they leave the pattern and has faith with temporary trend, news, and false signal. Understand the pattern and profit will be yours. |
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