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1  Economy / Trading Discussion / Re: How did you overcome the hurdles and gain confidence to trade as a Newbie? on: December 02, 2023, 08:42:06 AM
It is better not to have confidence and not trade if not following the trading rules.
If you're a newbie, confidence is the result of backtesting your strategy.
If you're an intermediate trader, consistency will give you more confidence.
If someone says that he is confident but didn't backtest and encounter many loses, he probably lying to himself.

Your level of confidence will decrease as you lose more money trading.

I fully agree with all these statements. On this post there are many answers mixed: some people giving advice as investors... others as traders.

But is important these kind of posts for newbies and for intermediates traders that find themshelves on a lost pattern (maybe there are not intermediate at all). I would like to point, based in my experience, what is needed to begin to trade for newbies with some confidence:

1. Read books and avoid paid groups, paid courses, youtube videos and so on. Reading books about trading has been the most fulfilling experience for me.
2. Understand the market via backtesting the asset, commodity, forex or crypto you want to trade.
3. Again, backtest an strategy that you think might work. At least with 10.000 candles, preferred 20.000 or more. (be happy to design strategies with a win ratio of 40%)
3. Don't trade in the first years with small timeframes (5m, 10m, 15m...). Better trade in 1h, 4h, 1d...
4. Paper trade during a period of 100 trades at least. That means live trading with a demo account or just writing the calls you would have taken, and why.
5. Make a log in excel of all of your trades, including emotions while opening, surfing and closing the trade.
6. Don't leverage more than 3x-4x, and be constant with the same leverage for all your positions on that pair.

To finish I want to share a sentence from Peter Brandt's book "Diary of a Professional Commodity Trader" that is so true: Like it or not, buy-and-hold strategies are a joke. Every decision you make in life represents a trade-off. Everything is a trade. Everything is a gamble.

Any strategy should outperform all crypto bullmarket-bearmarket.

2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: February 14, 2018, 11:24:07 AM
yesterday they were selling it for 152, and now they are buying it for 191. INSANE

absolutely insane. Why is this massive pump? Litepal was announce already a couple of days ago... no reason at all apparently for this pump.
i was buying it again and now i sold again, waiitng for some pulback...hhh it cant go just up in one shot

I think so too.  Wink letīs see when China+Korea sleeps, most of the volume today is coming from there.

How do yo know that? How to check from where the volume is being generated?

https://coinmarketcap.com/currencies/litecoin/#markets

Update every once in a while, and keep track which exchanges are growing more
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: February 14, 2018, 11:17:10 AM
yesterday they were selling it for 152, and now they are buying it for 191. INSANE

absolutely insane. Why is this massive pump? Litepal was announce already a couple of days ago... no reason at all apparently for this pump.
i was buying it again and now i sold again, waiitng for some pulback...hhh it cant go just up in one shot

I think so too.  Wink letīs see when China+Korea sleeps, most of the volume today is coming from there.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: February 14, 2018, 10:49:38 AM
yesterday they were selling it for 152, and now they are buying it for 191. INSANE

absolutely insane. Why is this massive pump? Litepal was announce already a couple of days ago... no reason at all apparently for this pump.
5  Economy / Web Wallets / Re: Gatehub. 2 weeks waiting for support. Why? on: February 13, 2018, 04:32:42 PM
It took over a month to get a reply from them. But they replied at the end.

Hope you could solve your problems faster than me  Lips sealed On the moment they answered I already found another solution, so not much help.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments on: January 31, 2018, 05:37:38 PM
We have now Nano Web Wallet https://nanowallet.io/. It's official ?

yes, it is redirected from raiwallet.com

As excited as I am for $NANO, I still need a desktop wallet. I don't trust web wallets for nothing. Hopefully the devs can roll out one soon.  Grin

There is a desktop wallet already since last year. Is where I keep my XRB... or should I say NANO now.
You can download directly from here: https://raiblocks.net/#getwallets
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BITGRAIL TO BANKRUPTCY!! on: January 31, 2018, 09:09:20 AM
GUYS, IMMEDIATELY PULL OUT ALL YOUR COINS OR XTC OR BTC FUNDS! OF BITGRAIL, OR BE READY TO LOSE EVERYTHING, 'CAUSE ON MONDAY, BINANCE BEGINS TO SELL XRBs AND BITGRAIL GOES TO THE BANKRUPTCY, DO NOT SAY AFTER, WE DO NOT NOTICE !! GET OUT NOW! CONVERT THE XRBS TO BTC AND SAVE IT NOW TO BLOCKCHAIN ​​!!!    Cry Embarrassed Sad Angry

Binance made a statement already that date wonīt be released or known. Donīt create hope or bad info about those news.
I much agree in the "BitFail" exchange. Better to stay out.
8  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] ArcBlock - BORN FOR BLOCKCHAIN 3.0 on: January 30, 2018, 09:32:56 AM
Public sale hardcap: 12500 ETH + 6M CMT
1 ETH = 1900 ABT (minimum 0.1 ETH, 3 ETH)
1 CMT = ? ABT (minimum 200 CMT, 7500 CMT)
(The cap for ETH and CMT are separated, so your total individual cap will be 3 ETH + 7500 CMT)
(CMT/ABT rate will be locked before the public sale)

The public token sale event will begin on
February 3, 2018, at 7pm CST and end on Feb 10, 2018

Who can participate on this public token sale?

Edit.... found the answer on the FAQ

When does the registration for public sale starts/close?
The registration starts on Jan 15, 2018, 7 p.m. CST and closes on Jan 21, 2018, 7 p.m. CST.


9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PHR] Phore - 100% PoS 3.0 - Masternodes - Zerocoin - Governance No ICO/Premine on: January 08, 2018, 05:45:18 PM
This coin looks like it could be interesting but ill hold off until the use case is fully explained. right now it seems like people are buying it simply for masternodes.

More than the coin, the project is interesting. There is a marketplace releasing soon in beta version. 2018 roadmap looks promising and interesting. I would recommend you to join discord channel, devs are always giving support there and answering questions. They also made public when they hire new people (quite often) and announcements.

I donīt think people are in only for masternodes, check how many masternodes are and the circulating supply. Said that MN are needed for the network, of course.
10  Economy / Web Wallets / Re: Gatehub. 2 weeks waiting for support. Why? on: January 06, 2018, 06:48:43 PM
I haven't, but I've seen several complaints about them and their support like this one here and also on reddit. Looks like it's hard to communicate with them. Try sending a message in their social media  accounts too:

https://twitter.com/gatehub
https://www.facebook.com/GateHubNet
https://google.com/+GatehubNetGateway
https://www.linkedin.com/company/gatehub-limited

I managed to get in, but not because of their help. They didnīt reply to any of my messages and tickets. Frustrating. Luckily for me, I could recover the 2FA code.

11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PHR] Phore - 100% PoS 3.0 - Masternodes - Zerocoin - Governance No ICO/Premine on: January 04, 2018, 06:30:42 PM
this coin has future??? only masternodes??

Did you check 2018 roadmap? Every Quarter gets more interesting than the previous one. Team is really active developing and making real each milestone promised.
Plus, if you check the graph, we are just in the accumulation phase, after that everybody knows what will come.
Masternodes are important for this project, and you get the chance not only to help the network and be an inside member, but get daily rewards as well.

12  Economy / Web Wallets / Gatehub. 2 weeks waiting for support. Why? on: December 30, 2017, 04:26:11 PM
Hello

Did anyone use gatehub support in the past?

I canīt log in onto my wallet, and opened a ticket 2 weeks ago. I wrote to them, and nothing is happening, no answer, no update... What can I do?

Thanks.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER on: December 28, 2017, 03:29:14 PM
Quick question about the wallet. Is there a way to copy-install an address in a wallet in a new computer? I have full XBY address and pass, but couldnīt figure it out in the wallet how to import.

Thanks

This video should help you: https://community.xtrabytes.global/threads/how-to-export-and-import-wallet-address-private-keys.51/

How to make and restore a back up of your wallet: https://community.xtrabytes.global/threads/how-to-make-and-restore-a-backup-of-your-wallet-windows.272/

And this one, if you are having trouble resyncing: https://community.xtrabytes.global/threads/how-to-re-sync-the-blockchain-windows.273/

Hi,

Thanks for these links!  Wink
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER on: December 27, 2017, 03:37:52 PM
Quick question about the wallet. Is there a way to copy-install an address in a wallet in a new computer? I have full XBY address and pass, but couldnīt figure it out in the wallet how to import.

Thanks
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [AKY] Akuya Coin - SHA 256 Decentralized Cryptocurrency on: December 20, 2017, 06:52:54 PM
🚀Now So many peoples starting pump #AKY coin will go to the moon  up 3000sat again 😍😍↗️↗️↗️↗️https://www.coinexchange.io/market/AKY/BTC

Are you one of the dev?

Change 1h | 24h | 7d    -9.17% | -23.09% | -79.5% ---- Does this looks like to the moon?  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ⚡ [RADIA] ⚡ MASTERNODES ⚡ GEOCACHE AIRDROP ⚡ TOR/I2P on: December 20, 2017, 11:37:49 AM
Hi, I downloaded GeoCaching.
Do I need to use filter? if yes, Do I need to use Geocaching premium 29.99/year?
Thanks

Same questions as this guy. It's a bit overwhelming but love the idea! It means getting some much needed exercise while still possibly earning some crypto!

+1 to the question. Anyone can give a tip on this?
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ⚡ [RADIA] ⚡ MASTERNODES ⚡ GEOCACHE AIRDROP ⚡ TOR/I2P on: December 19, 2017, 04:53:49 PM
Quite interesting  Smiley

How long it takes the approval for new airdrop countries? I filled in the form. Iīm interested in participating as a MN, have several VPS running which might help this network.

Keep the good work  Wink
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PHR] Phore - 100% PoS 3.0 - Masternodes - Zerocoin - Governance No ICO/Premine on: December 19, 2017, 11:28:01 AM

You can compile a Linux Wallet from the source here: https://github.com/phoreproject/Phore/

I wrote a guide specifically for compiling on the Raspberry Pi, but most of the steps should be similar on other Linux: https://steemit.com/phore/@noxx/6djfe-compiling-the-phore-wallet-on-raspberry-pi

Specifying a different address for MN rewards is called multisend. I can't access my wallet at the moment and I'm not sure how exactly the syntax for this works, but you can open the console in the wallet and type "multisend help" and it should give you some information.

There are also links to the Phore Discord and Telegram channels on the first page of this thread, if you run into problems it is worth asking there Smiley



Thanks for your message.  Wink

Just did a quick look into the help command. Quite interesting you can specify multisend for wallet stake rewards or MN stake rewards.  Smiley

The more I discover about this project, the most excited I get.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PHR] Phore - 100% PoS 3.0 - Masternodes - Zerocoin - Governance No ICO/Premine on: December 19, 2017, 10:57:20 AM
The 10k for the masternode are not staking, in fact if they would stake, the masternode would "break", as the 10k collateral would not be intact anymore. You can still stake anything other than the 10k on the masternode address, but some people like to keep the masternode "clean" and send the rewards to some other address or even a different wallet.

You could have the MN running on a Raspberry PI / a different PC / a cloud service and send the rewards to your local PC. Or you are selling the rewards on an exchange. Or some other use-cases I'm not currently thinking of Wink



Yes, understood.  Wink
I have the VPS ready (just waiting to cryptopia for approval...). Would be interesting if wallet could stak on the same server, but no linux version yet Iīm afraid, right?
How do you specify another wallet for rewards? When I followed the MN instructions didnīt see a command to specify that.

20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PHR] Phore - 100% PoS 3.0 - Masternodes - Zerocoin - Governance No ICO/Premine on: December 19, 2017, 10:45:45 AM
4.2 PHR is the current masternode reward. You can set up a masternode to send the rewards to a different address from where the 10k PHR for the masternode are held, so theoretically you could have a new address with 0 PHR receive 4.2 PHR masternode rewards.

What would be the benefit doing that? As I understood, all your PHR in the wallet are staking, independant from which address they belong, right?

Forgot to say on my previous question, the one I checked with +2.8PHR had 10.500PHR in the account, thatīs why it made confuse, as I assumed would be a MN.

Thanks for your answer and clarification  Wink
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