Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process. When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.
Very much based on what profit you are looking for. I would say rely on the satoshi you can get is much important that the USD because it also meets with the fundamental side of Bitcoin (every Satoshi you have might be very valuable in the future) but for those who are trading based on USD value, then go on! There is nothing wrong in both way. |
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One of the biggest cons of full time trading is being alone , boring sitting in front of computer watching charts data all the time from past 6 moths i am almost doing this and now because of this i am not able to focus on trades. i feel like quieting full time trading and go to job so i make some new friends and Socialness
what you guys do to avoid this biggest cons on full time trading
If you are a succesful trader, why would you quit? You can take sometimes off trading, to hang out with friends or do party for your success. Well, I don't think of someone who makes lot money from trading will quit and find a job with horrible deadlines. There is no point to make money if you can't enjoy your income. |
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crypto is too volatile and its hard to predict it , thats why people look for guides such as t.a to help them predict the price in a smart way .
forex is not also volatile but its stable , thats why you said its safer than crypto . like predictions , t.a can sometimes failed so we must not fully depend on it all the time .
Let's take a look what makes it volatile, different speculation. As you may know, crypto is in very young age compared to forex and crypto market is in creating a price cycle. Once the price cycle is generated, I am pretty sure the it will be less volatile cause people might have same basis, source, to speculate. |
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In this new era of technology, we now own assets in the form of cryptocurrency so our next step should be to make it more worthy for ingenuity payment progression. We are the ones to take initiative.
To achieve that goals, you will have much work including to change people's view from cryptocurrency as store of value to cryptocurrency as payment option. Because, even you create a project focusing on payment solution, there are people who think your project's token as very valuable investment so they'll just hold them and won't spend your token to buy things. |
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It's not a bad thing to use bot in your trading. In fact, it's very profitable to use bots. Using bots to trade notes rise and fall in Cryptocurrencies.
You aren't totally wrong, just forgot add more things like bots can't also make you lose in trading. It could give you profit but it can't really learn things, can't changes its strategies, that would lead you to get loss. As long as you can't control it, you should be okay. Bots are fast in executing trades but human are smarter and wiser in taking decision. So, stay careful in using bot for your trading. |
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What should be suggested as per future perspective, is this innovation is worth making payments digital as an option?
I have doubts of using crypto as payment still. Not only for luxury stuffs but almost every stuffs in this world. With the high price volatility, it leads someone to speculate on the currency they are holding, they won't easily spend their coin for something. In the other hand, we need to increase the use of cryptocurrency in daily basis cause the more spending, will result the more demands on the market which could also increase the price. In this case, probably, stablecoin could be a good option to do this thing but most of them like not really decentralized IMO so nothing's really perfect as payment option at the moment. |
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No, OP is right--the data he showed looks just like a single cycle, and I've thought about this sort of thing before and I agree that pretty much all markets in which there is enough liquidity behave in a similar fashion. I definitely think there's enough liquidity to bitcoin's market, and its history does seem to support what OP is saying.
A single cycle won't make me easily believe they are the same. It is just too weak for me to take a result. Even though I can't deny the fact that OP could be right in the future as probably traders habit and emotion are cylcing the same, I don't it is the right time to justify this. We need more clue, this one is just a starting clue. As we are in the way of making more cycles, I will keep it as a coincidence. |
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Whales are major threat for normal traders who make efforts and spend lot of time to collect some BTC,And the whales came suddenly and just disturb your trade.I think to deal with whales and avoid to loose money take trade in long term.
I would love to delete this kind of thought. They do have lot efforts too, they have made enough money and be a whale, you can too. Instead of blaming them for your loss, I would rather try to compete them or just follow thoughts on making moves so I wouldn't lose my money in my investment. |
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Its down for all, Is this the end of the beginning which never started ?
It is working fine in my browser, probably not in yours, idk whats's wrong but taking assumtion that something face an end just because you can't access its site (probably for a while) is bad thing, not only for cryptotalk but about anything. |
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And i think whales are not always winning and they have a lot of losses too.
First we need to know how many capital needs to be classified as whale. I do believe the market has whales, mini-whales, dolphins and little fishes. But there is no standard to say someone is a whale. And, I agree with you since every 'whale' is winning since there are other whales that could have different moves in trading and market isn't controlled by only a single whale. As a little fish in the sea, all we can do is to follow most of whales movements and make money from it, and let the other whales lose their investment. Basically, whales and fish are the same, if you smart enough to know their thoughts, your percentage of profit could be the same. |
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As everyone knows that yobit have stopped the publicity of cryptotalk signature , so does this mean that they are no longer interested in that site or they have achieved what they wanted through https://cryptotalk.org/ ? Is the pay per post campaign still running on their site and what could be their long terms plans ? I guess they either already have enough users in their forum or the result from opening signature campaign in this forum is no longer significant so that's why they stopped it. AFAIK, they still opening the campaign there and still paying their posters. |
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Maybe he was wrong by promoting new site exchange because using new account, how come some one or trader can trusted with his exchange market by promoting with new bitcointalk account, maybe to make many people trusted with exchange market site must listed on coin market cap and could use bounty campaign as way for promoting their site to investor.
I do believe he intended to promote this site as it is the easiet and cheapest way to do promotion (with new created accounts) so he won't loss anything including money and reputation (cause be probably doesnt have them). But unfortunately, this way of promotion is only succesful for new traders or those who curious too much about the exchange. Well, it is free to say something is the best cause we might have different experiences in each exchange but i'm not interested to test a new exchange for now. |
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Finally, I found a new platform that is Propersix Exchange. It is a exchange platform in cryptocurrency market place. It transaction speed is 6000 TPS(Transaction Per Second). It uses the latest Blockchain Technology. That's why it is a more secure platform. Nowadays I think it is trusted and reliable platform. So, anyone can invest in this platform smoothly. Find out more visit https://www.propersix.comWell, you can say that but let's people prove that. There is always new best exchange anyway, people leave old exchange to find their best exhange but until this exchange has lots of users and positive reviews, I won't say it is the best. |
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i am lucky that never to become a victim of closing exchange,maybe because i am very choosy if where to trust my investment,unless the token or coin i got from Bounty can only be trade in random exchange so i have np choice but to use them but will transfer my bounties to other sites that i trusted.
There is such a victim to these kind of actions. Bankuptcy is common thing in the business. Sometimes it is better to close the business whenever they can no longer fight their competitors, than to lie to their customers. Unless, they have scammed. |
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It's not the whole chart of stock market. It's a market cycle. A market cycle could be a couple of years or a decade for example. The stock market has had many cycles. And I'm not talking about the affect the stock market has on Bitcoin.
I might have been wrong about that, still Bitcoin market is very young compared to stock market. Bitcoin price cycle could change in next years, this one for me is just a very weak proof and never enough to say Bitcoin and stock have same cycle. |
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Old thread, bumped by grammar nazi with newbie account.
People should just leave the thread as it is. Tradesatoshi official thread has left bitcointalk and there are many warnings about this shady exchange anyway.
No need more talk or debate in this thread.
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Short period Bitcoin chart compared to the whole chart of stock market?
I would like to think this is just a coincidence. Even though sometimes stock market affects crypto prices, I don't think there is correlation between those cycle.
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First of all your reaction to buy bitcoin depending on a war between Iran and USA was wrong to begin with, the very first thing you should do shouldn't have been buying.
-snip-
On top of that bitcoin price didn't went down because Iran can't compete with USA, we all knew that already and price went up anyway, the price went down because USA is not going to war with Iran, they decided not to and that might have affected the price, at least a bit. Next time, don't make so emotional decisions depending on nations.
Can you explain the bold ones? What I can understand is that you say speculate based on USA and Iran was a wrong thing, like it could do nothing with the price and that's why he should not have bought Bitcoin. But then, you say that price went down because USA isn't going to war. This one contradicts your first sentence. Or, basically the issue between USA and Iran, or any nations can only give negative impacts to the Bitcoin price? Uhh.. |
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I often check this exchange last year, and I thought the exchange is okay. They absolutely can competate in the world market and pretty active doing 'giveaways' which I never joined any of them. In the other side, I don't think they are doing exit-scam cause why would it be called exit-scam if they refund people's money? |
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I haven't heard of this exchange but if you are looking for a place to trade crypto I can recommend Vertex. They are really easy to use and you don't need to complete KYC which is always a win if you ask me. And I recommend you to not promoting your shit exchange by creating post in a very old inactive thread to avoid getting banned. Do check OP account and see his last active, you spammer! |
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