It is easy for now since the direction is clearly upwards. When it will start to drop and never return back up it will be more hard to trade.
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Ok but you can't keep it for months if you are in leverage and every x hours your account is bleeding money. (Example Kraken). What if you stay at -20% for months? ...not feasible
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I have a plan to sell bitcoin when the price goes up and when I need money, if I do not need money then I will not sell bitcoin, but today I need money and bitcoin price is expensive then I will sell my bitcoin in part. Why do you not sell your Bitcoin at highest price? My means not is sell your Bitcoin at all time highest price, but you only need to find the highest price of a cycle, then sell your Bitcoin to take profits, it will better than sell your Bitcoin when you need money with low price That is the ideal thing to do. But how do you know when it is the maximum moment to sell and when is the minimum to buy. When we are competing against computer algorithm and who knows what software that has all the mathematical advantages against users...
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I also sold my altcoins for now and invested in btc. I have also included a 10% stop loss in case it goes down instead up as I am expecting. You never know ...
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I will hold it up to 5000$ then ride the wave down ... I think in the long run it will reach 10k and more.
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If the country is not giving us the minimum necessary for a decent life style then they do not need us there. That is why I left and moved abroad. Western Europe is way better
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What is the stop loss percentage that you usually use? I use 10% up and 9% down
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If everybody is so sure that it will go back to 5000$ is it safe to go long with leverage and then short from that point backwards?
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It is not that easy. Even if you read the trend you might guess 5 movements and the 6th one will go bad and take 100+% of the previous 5 ones. It is just a matter of time. Perhaps it will happen now or in 5 years. So nothing is gained on the long term...
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I have a very bad experience with trading stocks. Partially it is to blame the portal of my bank where I was allowed only to buy long and not to short and partially my fault since it was becoming a personal dependency problem. I lost money but overall lost triple in terms of time invested to read all the news, schematics etc etc. Now I tried shorting btc 3 times. Once at 3400 euro. Lost. Second at 3600. Lost again. Now I have put an order to short from 4000 euro if it reaches again that mark. Knowing my luck it will go bad again...
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Thank you very much for your help guys!
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If I wanted to make a couple of milions I would invest 50k and get all that. A building where to rent an office, a crew, a nerd do write a nice pdf and then buy the technology from a dark russian forum. Come on, it is impossible to avoid these "smart guys" who want just to take our hard earned money...
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Are we safe to short it into oblivion then?
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apparently we should contribute and help each other.
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again with the newbie not allowed. I just discovered this forum! jeez!
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ok, clear.
I do not understand why fake drops, what are they doing with the data they gather then? thanks
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I have taken my secret key and put it in myetheriumwallet and saw nothing. That is ok because they should (if they) put the coins this coming week. But do I have to manually add the new coin address and wait to receive something or can I just wait and once somebody puts the new unregistered coin it will show up automatically In the website? The only problem is that I do not remember all the token names where I applied for Thanks
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Hello guys. I just recently got into the bitcoin world and also found out only now about this great and huge community.
I have a newbie question for you, perhaps you could help in any way.
Last night I got myself registered in many airdrops (5) and I would like to monitor if they will give some coins or not. I use Exodus wallet where to store my etherium and all of them asked the ETH address where to send the coins.
The problem is that I did not bookmark the subforum from where I applied for the airdrops and I do not know how to check now if somebody will send or not the coins since after reading online I need to custom add the new coin in the eth wallet online on myetheriumwallet.
Will I see automatically if anybody will give me some coins or I need to add all these coins manually and then check if somebody will give me coins or not? Thanks and I salute you from Italy
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why not for brand new? I just discovered this website...not fair!
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