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1  Economy / Trading Discussion / TRADE AGAINST THE TREND on: June 06, 2018, 04:19:41 AM
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.
2  Alternate cryptocurrencies / Altcoin Discussion / CRYPTO NEWS BULLETIN on: June 02, 2018, 03:47:55 AM
1. May 29, 2018: XVG suffered 51% Attack for the third time.
2. The total amount of fund raised in the one-year ICO of EOS reaches about $ 4 billion
3. Martthew Mellon, the billionaire banking heir in the United States, and also a Blockchain passionate, suddenly died in the rehabilitation center. It is known that he spent about $ 2 million on Ripple when this coin was released, his owned XRP value is currently worth about $ 1 billion. They failed to retrieve his private key after his death.
4. CoinMarketCap witnessed a long ray of green with the top 100 coins all on green.
5. Titanium (TBAR) has been listed by the SEC as fraudulent, which may have indirect impact on the price of HTML5 because of the close relationship between two projects.
6. Jimmy Wales of Wikipedia said at the Blockshow conference that the crypto world is in a bubble period. But he was not sure when it would break.
7. Korea: ICO has been legalized after 9 months of embargo, ICON (ICX) will reap benefits from this news.
8. Cybermiles launches its first commercial exchange. Only payment in CMT is accepted, and those who have make a purchase will be able to get a 100% refund.
9. Despite the high rate of fluctuations, Digital currency is still popular in Germany, especially among young people.
10. EOS is thought to have a vulnerability in the Smart Contract, which allows hackers to take ownership of a node, steal the private key, and even use the EOS network as a source for distributing various viruses. This rumor comes from China.

Copy by Steneum coin - Bitsten Exchange, Indonesia
3  Alternate cryptocurrencies / Altcoin Discussion / Trade Management - Order making management. on: May 28, 2018, 07:19:40 AM
In Trade Management, it's not rare that the order making management is ignored as this seems to happen quickly and catch very little attention. This is a huge shortcoming. Management in this step is primarily based on emotional management. Ones need to be as critical and cautious as possible, or they may later found themselves stuck in a price maze, especially in case of DCA approachers.

In fact, for those who deeply understand and have sound experience in DCA, it's a different story. They will never allow this process to be done hurriedly, let alone to be skipped. They want it to last as long as possible. In other words, of the 3 phases namely before, while and after making order, the second one is expected to take most of the time.

DCA is a technique that helps you get the best possible market average price, so you can (partially) manage the price of your coins. It gives you confidence, control of your money and cash flow, profit optimization as well as ultimate risk reduction.

Does DCA, however, solely refer to purchasing at a lower price to get the lowest average price and the best amount of coins, stocks? Or does it have any other usages?

4  Economy / Trading Discussion / What’s hot in June? on: May 23, 2018, 08:42:29 AM
[Short-term holding]

What’s hot in June?
This June, some certain coins will surely fly to the moon, wanna know?
Information from people familiar with  the market revealed that 6 following coins will rocket and be listed on Dx.Exchange:
1-BTC
 2-ETH
3-XRP
4-BCH
5-EOS
6-LTC
=> Currently, some coins regarded to be securely stable with increasing prices are XRP BCH EOS LTC, etc. You are highly recommended to hold them until the early June when it reaches the target of 10-20%.

 Wink Dx.Exchange Review:
DX is fully licensed by the Estonian Financial Services Authority (EFSA) and CySEC, the Cypriot market maker regulator.
At inception, the platform will list six cryptocurrencies. When the platform is up and running, the development team plans to expand its services to cover between 20 to 25 cryptos. DX also hopes to add more tokens as time goes on. However, these tokens must pass its strict coin vetting process. As a result, it would be more difficult to be listed on Dx Exchange when compared to Poli Bitrex, Binance, etc.
Advantages of Dx.Exchange:
1> Empowered by NASDAQ, one of the leading stock exchange in the United States which is the representative of the entire US economy with high reliability.
2> The ultra high transaction fee: 0 USD, Free Wooo, Super competitive with no profit.
3> Can be traded on credit cards
4> Easy KYC registration yet high security against hackers.

So any coin listed on this exchange is brilliant and worth investing. The top 6 coins which have been listed on the exchange  will certainly fly to the moon soon. Note this down, bros!

5  Alternate cryptocurrencies / Altcoin Discussion / What role does Market capitalization play in trading coin? on: May 16, 2018, 03:41:53 PM


The volatile nature of the crypto-scene currently can’t be understated and has left many professional investors in a state of confusion. How do they apply traditional economic principles to this highly lucrative, yet very unpredictable new area?

The most obvious, and simple, part of this question that most turn to is the market capitalization. Data can be collected from two primary sources: Coinmarketcap or CoinGecko. The latter offers a few more metrics to assess a token’s reception in the community and by developers at large. Ultimately, both services provide information on the supply in circulation multiplied by the price per unit of the cryptocurrency.

This seems relatively straightforward, and it is somewhat accurate when you’re dealing with longstanding currencies. The amount in circulation and their value doesn’t change that much, especially in fiat. This stability is deliberate to avoid the kind of volatility seen here in the crypto-scene.

However, it’s not that great at predicting the value of a nascent virtual currency.
eyond that, a good chunk of them are held in smart contracts that are held for distribution when specific goals are reached. From 2018 – 2044, about 80 percent of the total tokens will be unfrozen and sold, with 2018 alone having 1.9 percent of that unfrozen increase the supply by another 152 billion.

This mechanism allows crypto-based companies to release a small amount of a currency, and when a large purchase occurs, they sell more of their tokens. By keeping their tokens out of circulation, even a relatively small investment can cause a massive spike in the percentage value of a single token. When one sees a single coin raise in value by a considerable amount in a single day, this is usually the case.
On the other hand, for investors, it means the coin can drop a large amount in a single day as well. Just because someone bought a ton in a single day, doesn’t mean that they could be sold back for the same amount due to a surplus amount that isn’t liquid yet. In fact, the market could drop tremendously if those funds do become liquid.
Luckily, most cryptos do not do this. They don’t abuse this kind of sound faith the market has currently.

Still, it’s worthwhile to thoroughly investigate potential investments beyond just the number of a coins total supply. The market cap is useful, but it’s critical to keep in mind the myriad other factors that could affect a cryptocurrency. These are still early days, and even the highest capped coins are still subject to the artificial movement of whales in the ecosystem.

6  Economy / Speculation / Do you believe May 2018 willbe the last time that Bitcoin price is under $10000 on: May 14, 2018, 03:32:58 PM
In a Tweet on May 3, Sherman-Founder of Bitcoin Foundation Charlie Shrem announced that this month the Bitcoin market would mark an important turning point.

May 2018 will be Bitcoin's "last time" at under $ 10,000. That was Shrem's statement, which made the digital money community flutter. From less than $ 6,500 in the first quarter of this year, BTC / USD prices rose by over 30% in April and have kept rising ever since. Previously, there was a long-term trend analysis indicating the beginning of the 'hold' phase for Bitcoin. Right from the first week of the month, we have seen one of the most obvious signs that an uptrend may begin soon. Currently, Bitcoin has been traded at $ 8,397.10 and Ethereum at $ 700.10.

With Shrem's strong statement, do you believe from June 2018, Bitcoin and Ethereum will change drastically and the value will start to increase rapidly?
7  Bitcoin / Bitcoin Discussion / Bitcoin and altcoin: Who will take control of the market? on: April 27, 2018, 03:52:21 AM
In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.

However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.

This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.

Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
8  Economy / Trading Discussion / 3 ways to trade coin and emerge profits in a market downtrend on: April 24, 2018, 07:46:41 AM

It is commonly thought that we can generate a profit only when the market is in green. However, you can still make some earnings even when the market is down. Please take a look at some trading ways which can not only help you survive but give you the chance of earning money during the "storm"!

Make some money even when market is down.
Even if the general market is in a downtrend, there are still some ways to help you make a profit. Depending on your risk tolerance, you can bet on the overall market trend, anticipate micro trends, or just hold coins and earn passive income. With each method, there is a tradeoff between the risk and reward, and this depends on your ability to balance risk.

+ Shorting

Shorting, or short selling, is effectively the opposite of buying a coin and hoping for the price to increase. In a short sale, you borrow coins from the exchange and sell at the current price. Once you close your short position, you then have to buy back the same number of coins at the current price in order to give the exchange back the same volume of coins. Therefore, in a short sale, the most desirable situation is one in which you initiate the short position at a high price, and close your position at a low price, thus selling high and buying low. This technique is typically used to hedge portfolios and reduce risk, but can be a powerful tool when facing an extended downturn in the market. Shorting is somewhat risky as your losses are uncapped due to the price’s ability to go upward without bound; in a long position, your loss is capped at that of the price going to 0

+Swing Trading

Swing trading takes advantage of the short-term price movements in a coin’s chart rather than looking at the large macro trend. Within a confirmed upward or downward channel of price movement, there will always be small peaks and valleys in the price as it moves in that general direction. Experienced traders can thus make money off of the micro trends, buying the lows and selling the highs during a bear market. In this scenario, market volatility during crashes is the ideal situation as it provides the most number of useful local optima in the chart. In order to swing trade, you must become familiar with the various forms of technical analysis such as pattern formation, and indicators such as RSI. This is only recommended for people with a high risk tolerance and significant experience using technical analysis to analyze short-term movements.

+ Passive Income - If you have a lower risk tolerance and do not want to use more advanced trading methods, the next best thing is to hold onto coins that generate passive income regardless of market activity. There are many coins that can generate passive income, but the two main types are staking coins and exchange coins. Staking coins, in exchange for governing the network, provide additional coins for each coin used in the staking process. Expect somewhere between a consistent 5% to 10% annual return for staking in most coins. Some proof-of-stake variants, such as Ark’s DPoS, provide higher returns than more decentralized versions of staking. Exchange coins provide various benefits on exchanges such as reduced fees, and some, such as KuCoin’s, provide a form of profit-sharing in which a percent of exchange fees are returned to coin holders. The percent return from these coins is directly tied to volume, which may fluctuate, so it is difficult to ballpark. Staking coins are much more consistent and similar to dividends, whereas exchange coins are still speculative in that you are betting on the success of a particular exchange.
9  Economy / Trading Discussion / Trader or Gamblers. on: April 17, 2018, 07:29:27 AM
In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.
10  Economy / Trading Discussion / ADVICE FOR ALTCOIN TRADE. on: April 13, 2018, 10:30:10 AM
Most Altcoins lose value over time, it’s just the matter of time.

Keep this in mind when holding Altcoins for medium and long term and choose wisely. Altcoin is not meant to be long term. If it is then it’s just a reason made up to enter a trade.
Projects or Coins now have a higher daily trading volume and a broader community to back them up in a continuous development.

Ethereum ETH, Monero XMR, FCT Factor, and DASH are the leading Coin with the highest daily volume. You should follow the chart and define which stage you are on and would it be a whale's consolidation phase. At the right time and a good press release on the project, the pump will begin and all you need it waiting for the money to pour in. Remember, the winner is the one has the most cash, not the most Bitcoin.
11  Alternate cryptocurrencies / Altcoin Discussion / Advice on a fluctuating Ethereum market on: April 10, 2018, 02:37:57 AM
1. It’s normal for exchange rate to fluctuate
Almost every market is comprised of variations inside, especially the cryptocurrency one. This may be attributed to the fact that its transaction speed and extra fee are kept at the possible lowest level.

2. It’s nothing strange to collapse quickly
It may sound hash, but it’s true. So, besides working on your emotions, you should get yourself accustomed to it.

3. Investment in ETH should be a long-term one
A fall by 40% following the peak of $210 is commonplace. ETH investors should think about the great but unexplored potential of ETH and long-term goals rather than paying too much attention to a flash crash.

4. Buy when the price is low
A smart ETH investor would know a drop in the price represents a good purchase opportunity. After all, price fall is not necessarily a bad thing, it’s just like when you get a discount on your desired mobile phone or a bill at the restaurant.
The recovery and growth of ETH is just a matter of time. 

5. Learn how to manage your investment portfolio
Last but not least, you definitely should know how to control your portfolio, which is considered a basic asset management principle in the field of traditional investment. A balanced portfolio can bring you unimaginable benefits after 7 years, on average, from this moment.
12  Alternate cryptocurrencies / Altcoin Discussion / James Altucher’s 10 predictions about the future of cryptocurrencies on: April 06, 2018, 04:27:36 AM
What may confront the cryptocurrency market in the future? Will it be accepted as a major payment method? Here are some predictions of James Altucher, a CNBC analyst :
1. At least one country's currency is likely to fail soon — likely Argentina or Venezuela. This will lead to mass adoption of bitcoin among that populace. That will in turn lead to bitcoin rising by more than $50,000 when it happens.
2. Mainstream banks will accept bitcoin, and will start offering storage and software access. They will also create cryptocurrency derivatives — as the CME is about to start doing.
3. Despite the optimism, there will be a massive wipeout, and 95 percent of the alt-coins out there will go away — just like the dot-com bust. The surviving coins will go up a ton. This will happen within next four-six months.
4. The U.S. government will secretly start accumulating one of the smaller cryptocurrencies to make it easier for gray-area transactions with other countries. This has already started happening but will really start to ramp up in 2018.
5. China will invest heavily in another cryptocurrency, but probably not bitcoin. China will want to have a cryptocurrency that is competitive with bitcoin, but under its centralized control. This will, in general, provide legitimacy to all cryptocurrencies.
6. One big problem with cryptocurrencies now is their volatility. At least one — basecoin — will likely dramatically reduce that in 2018.
7. More companies will pay freelancers with crypto, which will lead to calls for tax reform. There will need to be greater regressive sales taxes, which will ultimately require government cuts and eventually less power for national governments. This is a long-term prediction.
8. In the same way the internet changed the monopolistic phone industry, crypto will change the monopolization of government-backed money.
9. A new government organization will be created to analyze regulation on cryptocurrencies. This will, ironically, lead to a huge upswing in bitcoin and coins that provide actual utility.
10. Thousands of crypto companies will be created and go public, but only a few will be massive successes.
13  Economy / Marketplace / Blockchain 4.0 is coming — and Seele is leading it. on: April 04, 2018, 09:03:32 AM
Bitcoin introduced the world to blockchain 1.0 in 2009 with a new transaction ledger. In 2013, Ethereum gave us smart contracts and is often referred to as blockchain 2.0. Fast forward to 2017 when projects such as EOS, DFINITY, and Cosmos emerged, featuring high performance, advanced governance, better consensus, cross chain solutions among other things, which has lead to them being labeled the third generation of blockchain technology.

However, there is another upcoming project which can revolutionize the blockchain and deliver even more advancements and impact the industry like never before. The project is Seele, and many people believe it is blockchain 4.0. Whatever Bitcoin and Ethereum can do, Seele can do as well. It focuses on scalability, flexibility and usability, and incorporating real world industrial applications. It has an economic system that can be used for governance, healthcare, IoT, games, social applications, fintech, and more.

Seele is powered by an up-scalable neural consensus protocol for high throughput concurrency among large scale heterogeneous nodes and is able to form a unique heterogeneous forest multi-chain ecosystem.

14  Alternate cryptocurrencies / Altcoin Discussion / Peter Thiel: Bitcoin Will Be the 'One Online Equivalent to Gold' on: March 19, 2018, 04:17:12 AM
Peter Thiel has once again endorsed bitcoin, which he recently argued is tantamount to digital gold.

And much like gold, the billionaire co-founder of PayPal conjectures that the cryptocurrency is destined to be a store of value rather than a means of payment.

"It's like bars of gold in a vault that never move," he told a CNBC reporter during a conversation at the Economic Club of New York last week, adding:

"It's sort of hedge of sorts against the whole world falling apart."

He also struck a bullish tone on bitcoin in particular - versus other cryptocurrencies - suggesting that the largest cryptocurrency by market capitalization will maintain its position.

"There will be one online equivalent to gold," he reportedly claimed, "and the one you'd bet on would be the biggest."

Despite his prediction, Thiel did not express complete confidence in bitcoin, and speculated that there is a 50 to 80 percent chance that it will have no value in the future. Nonetheless, he also noted that on the flip side, there is a 20 to 50 percent chance that it will increase in value.

"Probability weighted, it's good," he told CNBC.

Thiel's investments suggest he may be even more bullish on bitcoin than he lets on. As previously reported by CoinDesk in January, Founders Fund, of which Thiel is the co-founder, recently purchased between $15 million to $20 million worth of bitcoin across several of its funds.

He has also publicly stated that he believes critics are "underestimating" the cryptocurrency.

~ By coindesk.com~
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