1) what to do is you dont get good RISK REWARD TRADE
simple dont trade that day protect your capital and search for trades next day
I think this was the biggest thing holding me back when new to trading and probably many others too. It doesn't even have to be with good risk reward ratios (it can be more common sense than technical). People get stuck in the habit of trading and through success turn to permanent optimism. They think they can predict the market all the time and then take up risky positions for small returns. |
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Venezuela is one country where BTC use could really be pushed. It's a country where people really are in need of an alternative to fiat. I don't think that Maduro will allow it though, he'll push Petro if he has to to replace Bolivars.
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As we experienced for the past few months, crypto market price is still declined and maintain its position.
For me, i really believed that somehow their are big people or personalities behind it,who controlling the crypto market, it's a some sort of strategy for them to be able to gain huge profit.
If we will analyze the chart of the whole market, it is now recovering even the movement is too slow. There are now good progress after the past months, there are now signs that the bull run will happen in this year so we should now be prepared. What signs? The only signs is that the market hasn't fallen further. The same thing happened previously around the 6k level and everyone thought it was bullish, then we fell to new lows around 3k. |
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To describe it in one word it would have to be stagnant. There's little in the way of interest and not really a lot going on one way or another price wise. With adoption it's even seeming to be a little stagnant, I see little around in the way of new places accepting bitcoin or people pushing to use it.
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Well duh, it may not be great business sense for him to say that but everyone knows it to be true so it's for the best. In some ways it's even good for them. They're not a wallet and don't want to be held liable for more funds than actually need to be on the exchange for trading.
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Is there a reason behind your prediction other than some TA? I find that oil price tends to follow closely to world news rather than following TA. Long term the oil price is quite low as it was not under $60 for most of 2018.
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This whole page is trying to lead in to something called bitcoin revolution, whatever it is I'm sure based on the testimonials on the side of the page and the fake news that it's some sort of scam. Try avoid reading news on such sites.
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This is a cool idea, I worry that it will fall short when it comes to funding. Without funding it will struggle for publicity and even for significant participation. One of the biggest issues with a decentralized system like bitcoin is that there is no central entity to provide funding for marketing etc.
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No. Under no circumstances would I take such a highly leveraged and risky approach. People often get caught up in the idea that things are a sure thing, they are not. Generating wealth is not a race. If you treat it as such you will ultimately never end up finishing that race.
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The amount of times a bot is correct isn't what matters, unless going for a fixed percentage gain/loss every time. A bot can be right only 10% of the time but make 1000% returns that 10% and only lose 1% the other 90% of the time. That's a great bot to find.
All that being said. Try avoid paid bots, they're mostly scams, if they were that successful they wouldn't share them.
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That's true for pretty much everything. The few always hold the many. I mean, considering that Satoshi's addresses hold at least 20% of the supply (that's just his known ones) you can already adjust the figures based on that. Over the passage of time those coins will be redistributed. Even the biggest whales will sell at some point.
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First of all Bitcoin is not a bubble but it has some rules how it's functioning. Looking at such conments here on forum it's easy to conclude that many users don't have a clue what is Bitcoin and how it's functioning, what are the basic characteristics. And that is really sad. They only motive is obviously only greed and when they are unable to fill that everyone else is fault and of course Bitcoin at first place. This shows how education about Bitcoin and cryptocurrencies in general is deeply needed.
Bitcoin itself is not a bubble. There's no disputing that. But the boom and bust cycles are similar to those which people would associate with a bubble. A bubble does not have to begin and end at 0. |
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By definition the bubble burst. It's just that many associate a bubble with the price going from 0 to something high and then back to 0. Instead of it just being the price raising much above a fair price and then returning towards a fair price.
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Interest rates not increasing should increase investment in to alternative investments than bonds or savings so in theory cryptocurrencies prices should increase on this news. The only reason that could be otherwise is if people are associating the halt on interest rate hikes with a more negative outlook for the economy and therefore spending/investment.
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Easier said than done. It's hard to predict such small movements as we're seeing at the moment. It is a good strategy but you have to be calculated and strict about your decisions. If you aim to make 5% then take 5% and always have a point where you'll stop your trade and take a loss if the price is moving against you.
Usually stoplosses would have the ratio of 2:1 but still depending on your risk management on how much you would totally risk up for a possible profit target.Its true that these things are easy to advice when you do know on what you are doing compared to other traders which it is really very very hard to be done. Even pro's do still struggle on how this market moves.Basing on OP, he do active trades with minimal percentage targets. Going for shorts on time spans isnt bad compared on swing or long term. A 2:1 ratio seems about right to me too. But it always depends on what the market is like that you are trading in. But too many people get caught up in emotions and fail to cut their losses. Either by selling a bad investment as it goes down or by buying back in on a pump. We're only human and we have to be willing to accept that sometimes we'll get it wrong through no fault of our own. |
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Easier said than done. It's hard to predict such small movements as we're seeing at the moment. It is a good strategy but you have to be calculated and strict about your decisions. If you aim to make 5% then take 5% and always have a point where you'll stop your trade and take a loss if the price is moving against you.
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I'm not sure how CMC use the price on Bitmex. I see that they exclude volume and know they use a weighted volume to calculate the price overall. How would they use bitmex price if they're excluding its volume? Or do they not include it at all?
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Unless they were aiming towards integrating bitcoin in to their economy and being open about that then you'd think they'd choose the OTC route. They can keep their transactions unknown and hold the coins in secret. I don't see much reason for a government to do that however. I don't really see any ever trying to buy BTC themselves.
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Anyone claiming that bitcoin is bullish at this point is severely jumping the gun. The market has been bearish for nearly 1 whole year now and nothing short of a big bullish movement spanning 1 - 2 months is going to convince a large portion of people otherwise. So many people called the bottom at 6k and they were wrong, it could be true for 3k as well.
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There is little short term volatility at the moment when compared to the past. The price is very static and that's because it's in a sweet-spot where few people are willing to sell but few people are willing to buy. Or alternatively supply and demand are in near perfect equilibrium with little shocks on either side.
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