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1  Economy / Trading Discussion / Re: Good trading strategy for newcommer? on: May 21, 2019, 03:00:44 PM
I can't even find a way to say big enough thank you for all of these tips! 3 pages of tips! I love you guys! I read through all of it and will read it again Smiley I already implemented multiple of your suggestions (stopped trading 30% and am practising with 2% split into 3 parts). Also I really love the "babypips" website suggestion for Forex trading, there's a lot of very simplified and excellent information there. After all, the tools used for trading are almost the same, yet there are many more experts in Forex than in Crypto. There's just so much useful information and I'm really looking forward to research all of it (like it's possible to read everything lol).

Currently I'm traveling in rural area of Northern India and the connection is terrible, but when I'm back to Europe, I can't wait to get into crypto at least part-time Smiley

Sending much love from the top of the world - himalayas <3

P.S. should I mortgage my apartment for BTC? jk
2  Other / Beginners & Help / Re: Where to sell my BTC? on: May 15, 2019, 02:16:40 PM
Maybe you should ask the question differently, you should ask yourself is where you can't sell your Bitcoins in? Because most international or popular exchanges and wallets out their only cater cash outs via bank deposits to countries such as United States and some European countries and if you aren't living in one of them your best bet of cashing out is moving your BTC or coins to a local exchange or a local wallet provider in your country since they offer a wide variety of cash outs only available for your country, I'll choose to sell my coins on a local exchange since conversion rates in local wallets are always in favor for the wallet not you. And if you aren't patient on your sell order being matched in the exchange then transactions are faster in localbitcoin as you directly transact to a buyer.

That's some food for thought, thanks. Currently I'm traveling, but when I'm back in Europe, I will try to use localbitcoins and possibly any local exchanges (if there are any).


We're now at $8k, hope you already sold your bitcoin << if ever you still have plans to sell >>.

I ended up selling 10% @ 7264 and another 10% @8k. Going to try to read more about trading strategies and how to get the best ROI.

Thank you everyone, it's immense help from everyone here, could have not expected so much! Hope to give it back to the community when I become more experienced within this space. Much love <3
3  Other / Beginners & Help / Re: Where to sell my BTC? on: May 15, 2019, 01:57:31 PM
Don't forget to pay huge attention to fee for deposit, trading, withdrawal (some exchanges have them unexpectedly high) .
Yeah that is an important factor so as not to lose your little profits to fees, and also read the exchange terms and conditions because some of them require you go through kyc which may not be favorable for you since you want to make quick trade.

Thank for the tips! I tried OKEx as suggested by couple of people and it's quite high in the rankings and the fees seem to be quite low.

<…>
Binance Deposits and Withdrawals should be back tomorrow at some point

Thanks for the heads up ^_^ I saw that it just relaunched.

Kucoin is also a good exchange IMO
Bought a bit @5350 and would like to sell 10% of it @7000

i prefer for you to use kucoin because
I will check kucoin out and compare it to OKEx, thanks! Smiley


I will recommend one of my trusted exchange now and this is CODEX.ONE

Will compare codex.one to OKEx and kucoin, thanks Cheesy wow, happy about all the suggestions Smiley
4  Economy / Trading Discussion / Good trading strategy for newcommer? on: May 13, 2019, 11:27:55 AM
Dear crypto cummunity,

I'd like to ask you to point me in a somewhat right direction.

I've been learning and researching everything about crypto space and the deeper I go - the more there is to learn.
It's becoming harder to use my time efficiently and productively, to filter out quality information from spam and get-rich-fast schemes.

I believe I've come to a point where I would like to start practising some medium-term/swing trading. My hope is that some of you, experienced traders, have some references to some trading strategies. Should I do DCA and hodl 50% and trade the rest? At what percentages is it wise to take profits? 30/50/65%? I only trade the money that won't make me go bankrupt, but I'd love to become good at reward/loss management and start somewhere.

Do you know any sources/calculators for doing statistics on profit/loss? For planning the budget? I would really really appreciate some newbie-friendly reading materials/guides or even excel sheet with pre-made formulas haha

Highly appreciate your input! Hope to return some of the good carma back to the cummunity when I become good at this Smiley
5  Other / Beginners & Help / Re: Where to sell my BTC? on: May 13, 2019, 10:19:12 AM
There are lots of option to exchange bitcoin if you are looking for stable coin find an exchange that support USDT or TUSD.

Check this list from here https://www.coingecko.com/en/exchanges

Here's my own list that I currently using for now.

- https://www.hotbit.io/
- https://www.okex.com/

Cool thanks a lot, I'll check these out right now Smiley
6  Other / Beginners & Help / Where to sell my BTC? on: May 13, 2019, 09:59:31 AM
Hey guys, I'd like to start practising the sales of crypto. Was going to use Binance, but because of the hack, I can't deposit there yet.
Bought a bit @5350 and would like to sell 10% of it @7000 so I tried BitMex. Was way too confusing and messy... Any other simple, reputable exchanges where I could get some popular stable coins (except for coinbase, binance and bitmex)?

Thanks a lot!
7  Economy / Exchanges / Re: Which currency exchange companies are trustworthy? on: May 13, 2019, 09:52:41 AM
Hey guys, thanks for the replies Smiley

Can't use Binance because of the hack, but they resume deposits from Tuesday again.
In the end I got a cold wallet and bought some BTC at @ 5350 and 5500, now would like to try selling just 10% of it @7000, but can't figure out which exchange to use. I'll try going through the ones mentioned in the replies above.
8  Economy / Exchanges / Re: Which currency exchange companies are trustworthy? on: April 22, 2019, 09:20:21 AM

If you want to buy crypto anonymously then the best option for you is Localbitcoins or paxful or the currency exchange section of this forum.
But check the trader's terms first on localbitcoins (not sure about paxful), because some traders ask for personal docs to verify identity and imo you should skip those traders. Choose the highest rated traders.

Thanks, I'll read extra on the forum to figure out which one would be better suited for me. I was considering Localbitcoins, but then read an article on it: https://www.financemagnates.com/cryptocurrency/news/danish-tax-agency-cracks-down-on-delinquent-crypto-traders/
Since Scandinavian countries have everything running like a clockwork, Localbitcoins (Finnish exchange) would provide data to Denmark and Danish tax authorities would most probably take away +36-40% of the earnings, thus making it almost impossible for me as a newbie to profit.

Binance is one of the best exchange right now and also has an option to buy crypto with cards. I'm not sure if you need any kyc when you buy but you will need kyc if you want to withdraw more than BTC2
That's really good to know  Wink
Coinbase is following the regulation of US so that's why your privacy might be compromised but overall the service they provide is excellent, I've used them before but years has passed I stopped using them but I still think that they are one of the best.
I wanted to use their service, but seems like it would be problematic to do so while traveling (currently in Indonesia and they automatically set-up the country of registration based on IP. It won't allow me to register with country of my residence).

Also do you keep a lot of your money in the phone?
Don't do this, get a hardware wallet like Ledger nano S or Trezor if you want to keep most of your money there.
Looking forward to getting one, but not sure how it works with shipping it to Asia (going to check their websites). Thought I could keep it on the cloud/desktop/phone for the next 3 months until I'm back in Europe.

I have no problem with Coinomi.
Thanks, will check it out!

Really great to get some of the consufion out of my way, thanks a lot people!
9  Economy / Exchanges / Re: Which currency exchange companies are trustworthy? on: April 21, 2019, 03:35:33 PM
1. Coinbase
2. LocalBitcoins
3. Coins.ph
4. CEX.IO
5. Binance
6. Bitstamp
7. Kraken
8. Hitbtc


and Stay away from Yobit...
Thanks for the reply Smiley btw, do you know if it's safe to use VPN while using coinbase? I read reports of people's accounts being deactivated.
I live in Denmark, but have other nationality (seems like I can't register in other than my country) and currently traveling (can't seem to be able to change the country for registration). So I thought I could try VPN. Your take on it?
I'll look into other exchanges your suggested.
10  Economy / Exchanges / Which currency exchange companies are trustworthy? on: April 21, 2019, 02:28:16 PM
Hello, I've been reading about crypto for the last few days and decided I'd like to dip my toes in the game and start buying in 5-15% of my montly income Smiley

I've got a question regarding best currency exchange service provider. I was considering coinbase, but I read that it does not respect it's clients privacy and tracks people. Not that I would anything illegal, but I don't like the idea of being tracked Wink how do you get your fiat to crypto?

Also do you keep a lot of your money in the phone? Any android recommendations? I was suggested kraken, but the reviews seemed a bit off. Also in multiple places I read it's not recommended to do day trade for beginners so would you discourage me from going into that or not?

Thanks a lot!
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