Bitcoin Forum
June 17, 2024, 04:25:03 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Re: felling depressed for holding bitcoin :/ on: April 20, 2018, 01:52:35 AM
Hope you know brother the number one rule in trading specially in trading crypto. "put only what you can afford to lose" cause stress will kill you cant. yes there is a big possible to gain big amount of money in crypto but if theres a big of chance of winning there is also big percentage of losing your money, thats crytpo life, accept it, relax, take a break and think for long term. goodluck.
2  Economy / Speculation / Total Marketcap is rising, start of bullish market? on: April 20, 2018, 01:36:01 AM
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. Smiley  those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, Smiley
3  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🔥🔥GET 2ETH/$1000 WORTH OF TOKENS IN ONLY 30 SEC! 🤑 LIMITED TO 2k PARTICIPANTS🔥🔥 on: April 19, 2018, 01:29:12 AM
#Proof of ownership
user name at telegram : @Yuri070
ETH ERC20 WALLET:  0xfe07b44a53bf7910adf021b685fdc2a5f8eebd03
4  Economy / Trading Discussion / Set a Trading Plan to minimize loss on: April 18, 2018, 02:36:09 AM
It is very important as a trader to make a plan. not really just making plan but to stick with your plan, don't put all of your fund in one coin/trade.
create a category , this is just my simple plan but works fine for me


*long term = 40% ( long term means i put my funds in a long period of time maybe 6 months to 1year)
*short term =30% ( short term is when i expect a coins to make a move in a couple of days or weeks)
*scalping/day trade/ minute trade =30% ( this is the most exciting cause you should pick the coins that are very volatile)

Here is my strategy in making a position for short term trades, i don't do high risk trades cause its very stressful Smiley,

first divide your allocated fund for short term in 8, so if you have let us say 10btc, 10/8 = 1.25btc, next i created 4 entries with given percentage of my budget

first entry      - 1.25btc (1x1.25)
second entry  - 1.25btc (1x1.25)
third entry     - 2.5 btc  (2x1.25)
fourth ebtry   - 5 btc     (4x1.25)


as you can see this is just a simple strategy that experts know,
lets give an example, let as say you buy XVG at 1000satoshi with your first entry of 1.25btc then it goes down to 900 satoshi what will you do? you got a loss of 10% already, hmmm i forgot to say you can put this after you created your analysis so you have a basis why you buy this coin,,
if thats happen you already loss 10% that you didnt expect.  just relax and take some coffee Smiley thats what experts do,, Smiley stick to your plan its just first entry, now put your second entry at 800 satoshi and wait, if the price goes up to 1100 then good, if price goes down to 800 then good also,, thats what i do,, ok let put all of our entry set it so if panic sell happen you win for sure

set second to fourth entry if your first entry fails


first entry at 1000satoshi
second entry at 800 satoshi
third entry at 600 satoshi
fourt entry at 400 satoshi

let us say panic sell happen that from 1000 goes down to 350 satoshi thats huge,, in my experience in trading there always a retracement in market, let as say XVG bounce to 800 only.  you are in profit now with 39%,, see? even if it only bounce at 650 you are still in profit of 13%, let us learn to stick with our plan and learn how to make a coffee, Smiley Just relax and enjoy loss for now,, just now,, Smiley Good luck to us:)
 
5  Bitcoin / Bitcoin Discussion / Re: KFC now accepts Bitcoin! on: April 16, 2018, 04:23:26 AM
Using bitcoin for buying at KFC is really good for me, bitcoin will be more popular sooner and soon maybe malls will follow.
at my country here in philippines some small stores here started also accepting bitcoin as payment, although volatility is too difficult if you are the seller,:) i dont know how they handle it.
6  Bitcoin / Bitcoin Discussion / Re: Why do you love Bitcoin? on: April 11, 2018, 01:52:03 AM
here is my simple explanation for that,, i love bitcoin cause it change my life, Smiley
before i cant even afford a branded shirt Smiley, then bitcoin came to my life i study trading in poloniex and bittrex and then that start my journey,, its my one year now in crypto, i experience lost and anxiety during bearmarket, thanks to my friends that give me hope Smiley , here is my advice to all newbie in trading,, Don't ever trade with emotion,
Goodluck Smiley
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: April 10, 2018, 12:26:57 PM
You have a point in Bitcoin will not be the best after more years, just like any other invention there are always an innovation which is good for us, we just have to follow the rising technology,
But not in our generation i think, for me Bitcoin is still the best at our generation,, Smiley
8  Economy / Trading Discussion / Re: bitcoin prices not rising! should we trade or hold? on: April 10, 2018, 12:20:18 PM
Hello, if we look at chart of bitcoin we can say its a normal retracement and the real bottom for me is at 4k,
but dont be scared even if bitcoin goes on that price it will just give as much higher target. just have some coffee and enjoy the ride,,
9  Economy / Trading Discussion / Re: Trading Advice Needed on: April 10, 2018, 03:25:52 AM
Hello, here is my advice to you,,

first rule is don't trade with emotion and keep in mind this (high risk = high profit) (low risk = low profit)
if you already learn the basic on how to trade which is very easy you can proceed to making a strategy in trading there many strategies out there where it can give you an advantage,, for example is use averaging entries to minimal your losses.
but most important for me is use a indicators here the indicators that i commonly use
1 bollinger
2 RSI
3 macd
try to use that indicators first, goodluck
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!