Bitcoin Forum
April 26, 2024, 04:29:48 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 ... 73 »
241  Alternate cryptocurrencies / Altcoin Discussion / Re: What old coins are you still holding? on: July 13, 2020, 10:36:14 AM
It's just a pity for me that I have series of old tokens that have become shitcoin now. I was hodling based on the advice ó those that claimed they know much as regard cryptocurrency and most of those tokens no long worth anything.
After a few months of development, ICO projects that I know are dead and no longer interested by investors. This has made this type of investment no longer as popular as it once was, and people feel more anxious when choosing to invest. In the past, I have earned from major ICO projects like Bancor, Adex, Utrust or Centra, but all have now become shitcoin and no longer have a stable price increase as before.
Those good projects before are now dead and can be called as shitcoins nowadays. I have BKX,Shivom and Opria before which is really worth high but now it is considered as dead and shitcoin. It is not really good to hold altcoin in a long period of time because of the risks, I'm sure that I am not the only person who regretted to hold shitcoins.
242  Alternate cryptocurrencies / Altcoin Discussion / Re: All hope is lost?? on: July 13, 2020, 09:32:16 AM
I think it is the time to move on, I know the feeling to lose huge money because of the FOMO and it is really frustrating. I feel you but it cannot changed the reality after all, embrace the loss that you incurred. I know it is not easy but acceptance is the key for you to learn a lot of knowledge from it. It is just a mistake and it not defines who you are, you can still regain your losses but the first thing that you should do is to move on and accept it as a lesson.
243  Bitcoin / Bitcoin Discussion / Re: We are in a Bitcoin Rally, not an Altcoin Rally on: July 13, 2020, 08:30:49 AM
I wouldn't say that we are in a rally, but bitcoin has already bounce back and recovered from the last lower lows for this year and its been touted as the best speculative asset for this year so far. For altcoin markets to rally? Well they have to wait for bitcoin to go on a bull run to have a trickle effect. So far altcoin investors are shifting their investment to bitcoin, so I'm not seeing any altcoin rally, perhaps just few occasional pumps here and there.
Well said, bitcoin is still in $9k, from the price of $3900 before when the pandemic is still existing it goes up to $6k and it pumped up to $10k when bitcoin halving started, honestly I disappoint to the price of the bitcoin when bitcoin halving happens because I really thought that it will go up to $13k and it will give me large profit. I invested when the price of the bitcoin is almost $8.8k and it doesn't give me much profit when $10k happened. I am still hoping that bitcoin could reach higher within this year. We are not almost done and everything can still happen.
There are a lot of speculations and high expectations before the halving happened where many investors and traders are really disappointed because of it but it is their own fault because they expect too much and for me it is really impossible to happen. The price is doing sideways for months if this will last long, it can be a good sign because the longer the consolidation; the stronger the rally.
244  Bitcoin / Bitcoin Discussion / Re: Why people are happy only when the price goes up? on: July 13, 2020, 08:01:05 AM
If you belong to those people who invested in bitcoin at a lower value, then it is normal for you to be happy when the price goes up.

Those people are happy when the price goes up because they can finally sell their investment after making a profit. Those are the buyers in the dip that you are talking about, they bought their investment when the price is low, they bought as many as they can.
It is simple, of course they are happy whenever they have position of bitcoin because they make profit but whenever the price goes down of course they are not happy anymore because of the losses. But not all of the traders are happy whenever the price goes up, I also do shorting where I can make profit if the price is going down. Of course I will be happy when the price goes down whenever I'm in short position.
245  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't get moved by fake good news on: July 13, 2020, 03:26:12 AM
We can avoid it by not reading it, if we are aware that there are many fake news in the market then it is better if we will ignore it and focus on what we are doing right now. If we will not ignore those fake news around social media platforms about cryptocurrencies then it can may affect further decision. It can cause hyped after all where we can have emotional attachments in a certain cryptocurrency.
246  Alternate cryptocurrencies / Altcoin Discussion / Re: No exchange? No Value! on: July 13, 2020, 01:05:23 AM
it has become a natural law, exchanges are home to coins or tokens of a project, specifically for coins must have exchanges, but for ERC 20 tokens we can use decentralized exchanges like Forkdelta
It has not become because it is there from the beginning Grin. I mean without exchanges we cannot decide the prices for an asset regardless of its total supply/circulating supply/usage in day-to-day life. So, to find out the real value of coin, we must need a platform where buyers and sellers will decide based on demand and supply. Here supply may not get impacted by the project's main reason but demand is purely depending on what solution that project is going to provide.

So, exchanges are just an integral part of this crypto space from the beginning.
Exchange is important because it is the bridge for us to buy and sell cryptocurrency, if the exchange doesn't have enough volume; then it only means that there is only few people that interested to it. It is not new anymore to see a certain altcoin that is losing its value because it is always happening in different exchange. If we will buy a altcoin make sure that it has a good average volume and it is also good if it is listed in an exchange that is reliable and trusted.
247  Alternate cryptocurrencies / Altcoin Discussion / Re: Safest trading strategy on: July 13, 2020, 12:03:18 AM
There is no safe strategy in trading after all, what you said is just a simple strategy that can called gambling because you do not have certain criteria and simple risk management to apply very well. When I say gambling, the probability of your strategy is 50-50 and you can incur more losses because you do not have stop losses.
248  Bitcoin / Bitcoin Discussion / Re: Isn't this the best time for Bitcoin? on: July 12, 2020, 11:12:14 AM
I also think that it's pretty sure bitcoin would be one of the payment methods soon. Bitcoin adaptation is currently big in cryptocurrency, so i think this is possible for bitcoin in the future.

Big possibilities as there are already businesses who caters the used of bitcoin as a form
of their payment process.
If more and more big and small companies will start adopting this system it will bring the
hype and it will be recognized globally.

But with this pandemic times, bitcoin is lame in the market, if this pandemic takes long, it is a good opportunity for bitcoin to invest with and earn in the future.

Long holdings to maximized the profits if you have spare money to invest, knowing that there's
a big potential that new ATH will be achieved in the future.
There are now business but the problem is it is only few so it cannot yet create hype in different community. Before, there are businesses accepting bitcoin as payment method but now they remove it and cash is only the way of their mode of payment. I ask them why, they said that the price is too volatile and they keep incurring losses that is why they let go the new system that they created. As long as there are business that are willing to accept bitcoin as payment, there is still high possibility that many people will be encouraged to use it.
249  Economy / Trading Discussion / Re: Trade by yourself on: July 12, 2020, 10:07:45 AM
Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.
Relying on signals from different groups can make us a worse trader, most of signals are fake and they are only doing to earn money. For those who rely on signals or pump or dump group, be prepared to the consequences because for sure you will incur a lot of losses. Learning technical analysis is not easy because you should be motivated and have courage to welcome new ideas and skills. Relying to yourself is what you need, do not give care about other people opinions about trading.
250  Alternate cryptocurrencies / Altcoin Discussion / Re: Back then and Now, lesson learnt on: July 12, 2020, 08:28:38 AM
The OP paid a price in exchange for experience. I don't think there's any veteran member here who didn't make a silly investment mistake too as a newbie. We all did. And that's the badge of honour we got in exchange for the experience we share today. So, it's left for the newbies to borrow a leaf from that or go ahead and make their own mistakes themselves. It's the same way you won't catch me dead playing faucets.

On OP's last line, the use-case or utility of a project is what informs my judgment this day going into any crypto investment. Any project without a use-case won't get my attention, no matter what hype it attracts.
There is a popular quote and for sure you heard about it and it is "learn from the mistakes of the others". We can avoid a lot of mistakes if we will try to listen to other people's experienced and mistakes. Of course it is a waste of time if we are going to not listen to them and to make the some mistakes that they did. For those people who will make investment, make sure you know what you are doing and be aware on the risks that you are taking.
251  Local / Pilipinas / Re: Reasons kung bakit naluluge ang maraming trader sa cryptocurrency market on: July 12, 2020, 07:27:42 AM
Ayun yung tinatawag na makabawi syndrome, maraming trader ang nadadale dito kasi kala nila na mababawi kaagad nila mga losses nila in just a matter of time at ito ay nagdudulot ng matindi pang mga losses kasi hindi nabibigyang pansin ang kanyan plan at strategy. Ang over confidence kasi pagiging arrogante yan eh yung tipong sinasabi mo sa sarili mo na alam mo na lahat about trading at ito ang dahilang kung bakit madaming trader ang patuloy na naluluge at natatalo.

Ang tunay na kalaban mo sa trading for me ay yung oras, kung hindi ka makapag hintay, that is the time na matatalo ka. Way back before, tinry ko din mag deposit sa binance at mag trade, I learned the word scalping sa mga facebook groups kung saan pwede kang kumita in a short term. Mukha lang siyang madali dahil sa tingin natin, need lang natin bantayan ang market but napakadami palang dapat aralin about market trends at graph. Kung gusto natin kumita ng mabilis, kailangan din natin mag laan ng oras para matuto ng mga signals. Kung hindi, mas magandang mag hodl nalang tayo at magbenta kapag mataas na ang price. Dito, sukatan lang ng pasensya kung mag eearn tayo. Usually, bumabagay sa mga katulad ko na hindi full time trader.
Gusto kong ireconstruct yung sinabi mo about sa tunay nating kalaban sa trading, yung oras factor lang yan ang tunay natin kalaban sa trading ay ang ating sarili dahil as a human being, meron tayong emotion na nakaka apekto kapag tayo ay nag tratrade. Alam kong madami na sainyo ang naka experience ng ganto na kung saan nag plano ka at alam mo kung paano iexecute ng strategy ng tama pero nung actual execution na ay hindi mo magawa dahil hindi ka confident at may nararamadaman kang doubt at ito ang ating emotion.
252  Economy / Economics / Re: Rise in US unemployment. Thoughts? on: July 12, 2020, 05:50:53 AM
it will even out once country reopens reason is because all stuff closed and ten no way to work, and stupid lockdowns

We can't really blame the government for those lockdowns, it is necessary.

Since it is a pandemic, we can't really avoid those businesses being closed and people stuck in their houses unemployed. Also, US is not the only one, here in our country, unemployment is also exploding. The bad thing here is that the fresh graduates are waiting in line but since there are a lot of people that are unemployed , they will be competing with that and I think they are on the lower side since most of the jobs require experience.

There's unemployment because there are only few business industries that are opening at this time, and some even are not opening based on its full capacity since the word "social distancing" is necessary at this time.

It's very unfortunate especially those who only rely on their job for a living and they loss that job because of the pandemic.

We can use USA as a basis, if the unemployment rate increases, that would simply mean it's also happening in other countries, and maybe even worst.
However, it will not last, it will only be temporary as eventually our government will figure out to recover the economy despite of the pandemic.
So basically the rise of unemployment all over the world is normal because of the crisis that we still facing. The U.S is not only country that experiencing downfall but most of the nation who still have high cases of the corona virus are still suffering. Reopening of economy is important and that is why there are now some industries that are now operating again. For sure that the unemployment rate will become low as long as our economy is starting to recover.
253  Economy / Speculation / Re: Do you think the price of Bitcoin can exceed 10 thousand dollars at the present on: July 12, 2020, 04:46:12 AM
I do not think so but still everything is possible. If you will look at the daily chart of the bitcoin, you can see that it is now making lower highs and lower lows and it is sign of a weakness because it is a structure of a downtrend. The price is still doing sideways with bearish bias and if the price go down to its current support at $9000,the price for sure will have momentum going down.
254  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto success takes time on: July 12, 2020, 03:35:20 AM
Patience is key for getting maximum profits and to recover loss from the market but many investors losing their due to hurry or fear of more loss. And some even not get handsome profit.

Emotion needs to be well played when you are inside this market, volatile movements can harmed your investment if you don't managed your
fear and greed.


I agree with you. Because good outcome of a project takes time and upon it's development, the crypto project would definitely be successful and surely it is because of the good roand map and time frame with a great partnership upon listing its coin bon an exchange.

Success depends from how things been done by the team, if there are real usages then potential that many investors will join in and support the project.
There are so called setbacks whenever we encounter problem or what we called obstacles in life. In reality, there is no perfect route for success. If we want to become a crypto millionaire then it is not simply easy route because for sure there are a lot of challenges that we will may face.

The projects that are been releasing this past weeks are now becoming better unlike before where there are projects that are just focusing to earn money. If we want to become successful, we should work hard and work smart. Work hard alone cannot help us to achieve our goals so we should combine it with working smart.
255  Economy / Trading Discussion / Re: What do you guys use to record your trades? on: July 12, 2020, 02:24:10 AM
yes, I record all my trading activities...
I use Google spreadsheets to record all my transactions, starting from buying and selling. recording all transactions that you do is very important so that you know whether you profit or lose, especially for those of you who trade on more than 1 crypto asset.
Google spreadsheet is what you all need, recording our past trades are important because this will be our guide in order to know if we have progress or not. It is also the way for us to record our past mistakes and avoid to do it again. If we will not record our trades, there is a high chance that we will repeat the same mistakes again and again so it is better to journal it for us to become aware and prepared for unexpected situations.
256  Alternate cryptocurrencies / Altcoin Discussion / Re: No exchange? No Value! on: July 12, 2020, 01:21:42 AM
If you have an altcoin that doesn't have value anymore, it is better if you will just forget it and move on. You cannnpt replace it via trading because there is no exchange that is available. Learn from it, do not buy an altcoin again that is currently listed in a shit exchange. You will do same mistakes again for sure if you will keep buying an altcoin that have low volume and also listed in not reliable exchange.
257  Local / Others (Pilipinas) / Re: Warning: SEC issued a warning against FORSAGE! on: July 11, 2020, 01:06:45 PM

By the way, did you guys report it na ba? Baka mamaya, may iba pang ma-victim 'yon specially 'yong mga madadali ma-persuade sa mga ganiyang bagay lalo na't appealing 'yong return  Undecided.

Hindi ko pa sya natanong kung anong pangalan ng investing company kuno ang tinutukoy nya. mas mabuting mag post nalang ako sa FB ng warning sa mga katulad nito. bahala ng maraming aangal basta magawa ko lang ang tama at sa kalaunan malalaman din nila na tama ako. kailangan lang talaga silang pagsabihan dahil hindi ganon kadali mag report ng mga ganyang bagay baka yung mismong pag reportan natin ay kasama nila tyak madadali naman tayo non.

You are right either way malalaman din nila yung totoo kung naniwala man sila kaagad sayo then good for them may mga ibang tao naman kaagad na nakaka-amoy ng scam dahil sa mga karanasan nila dun naman sa mgab taong hindi maniniwala sayo at sumubok pa din may araw din na mawawala yung pera nila kasi nabulag sila sa payout na nakikita nila, tama din kasi ang sinabi ng iba na kahit alam nila na scam sasali pa din sila kasi may mga naloloko din sila sa referral o komisyon ito yung mga tao na hindi mo makokonbinse kahit anong gawin mo kasi kung tutuusin part din sila ng scam. For me the first two kinds of people I mentioned is the ones who should be save kasi kung alam na nila mangyayari mababawasan at mababawasan yung mabibiktima nila sa mga investment scheme na ito.
Ang mindset kasi talaga ang dahilan kung bakit madami parin sumasali sa mga ganyang investment. They wanted to earn money in just short period of time kaya naman hindi nila kinokonsidera yung risks at kung legit ba to o hindi.
Base sa mga napapansin ko all over social media platforms, kapag may isang ang nag invite at nag caption siya ng mga attractive words ay madaming magiging interesado kaagad. Yung mga nagiging interesado ay ang mga nagiging biktima dahil naka focus sila sa kikitain nila at hindi sa perang ilalabas nila. Wala din silang sapat na kaalaman sa pinapasok nilang investment at ito rin ay isa sa mga dahilan kung bakit sila naiiscam.
258  Bitcoin / Bitcoin Discussion / Re: One mistake and l have lost all bitcoin on: July 11, 2020, 11:32:39 AM
I have a friend, seriously not my story but this friend basically is more of a panicky type of person. This happened during the ATH of Bitcoin and crypto in late 2017. He got some ETH and he wants to sell it but the youtube guy says don't sell it cause it will go higher still. Then comes January 2018, big mistake he said that he did not wait for ETH to fall down farther so he sold with a little profit. I told him that is the nature of trading, you need to be very careful.
It is really sad and I think it is better if we will not do the same mistakes that he did. What I mean is we should not rely our decisions of others opinions. There are a lot of fake gurus out there that can lead us to do huge mistakes. It is really better if we are the one who will decide but make sure that we have enough foundation about the investment that we are doing or about thr coins that we holding. We can take profit in the right moment if we habe basic knowledge for sure.
259  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto success takes time on: July 11, 2020, 09:36:00 AM
The real success of a project will take time for sure but the real problem is most of the project in 2020 doesn't even recover at any rate after their initial dump so holding those dead tokens doesn't make any sense.So hold best tokens and coins irrespective of the current market value.If you are going to hold every coin you invested then you will end up with lot of dead projects sitting in your wallets in few years.
Patience can give us high returns as long as what we are currently doing is right. Maybe we are very patient people but we are holding a shitcoins. It is better if we will use our patience in a right way where we can make a profit.

That is one of the mistakes that I did before where I have a high patience but the coin that I holding is a shitcoin so it is basically a waste of time. Even though we have high patience, we should make sure that what we do is the right thing.
260  Alternate cryptocurrencies / Altcoin Discussion / Re: Keep your loss at an acceptable level on: July 11, 2020, 08:22:54 AM
Whenever you buy an altcoins, it is better if we will have stop loss strategy in order for us to have acceptable losses, all of the professional traders are using this kind of strategy because it is really important. Do you want to have a portfolio that is -20% and more?  Of course not,  if we want to minimize our losses then stop loss strategies is what we need. It is easy to understand and to study as long as we are committed to learn it.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 ... 73 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!