How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
Im doing bounties so I am aware of those new ICO that is coming up and those old coins with low market cap. I'm investing on ICO when they are more likely not to steal money, like when the team is pretty decent and with active linkedin accounts, with good project that really promotes blockchain usage, when they could do the things their platform could do like UBEX because they got me with their terrific marketing strat and it proves that they could do it, also on what blockchain they are using and lastly when the community could use and would support it. For low cap coins, I do the research first then basic TA to enter, I would love to see sideways for like 4months or so to prove that they are still circulating and having the resistance before I go in.
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You have a point but trading everyday and gaining 1% is always defeated by hodlers that do the research and sit wait for moon. This thread is worth the follow to see how your trades could go, maybe you got to add some funds for low cap coins so you could hodl and let the money work for you, anyways it's just my opinion.
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Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.
I am more of a holder and trading casually when I got to buy or lock some profits on my current assets but with the current bear market, I am tired to cope up with the losses and lose even more each day that made me think on the idea of quiting
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The date is very close when Indian government will ban the crypto trading.So It will be impossible to trade in indian currency. Should one exit from crypto or transfer all holdings to outside Indian exchanges.
Do you have proofs to prove this alegation true and not mislead the bitcointalk community for believing so? But if this one is true, this would be a big trouble for indian crypto holders/enthusiast/developers/traders/investors/ and the likes to get out of crypto or discover alternatives which is a hard thing to do.
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The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience. The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.
If you are doing this at the moment just quit crypto trading its not for you.
Such a brat. It is true but I cannot imagine people getting into things that they didn't even know how it operates and goes. If you want to lose your money in the first place, do the research before entering in such investments/trading on crypto, we don't have ETF yet that could help us.
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My "OWN" decision is invest my ETH to ICO's whether it is risky or not I don't care I can't be able to sell at this point and cannot buy either, I'd stay safe by buying into ICO. Though I won't recommend this on anybody else, Im doing it just to be safe for further losses and get my way out of ethereum because I felt toxic on it and could fall even deeper.
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
You could cry your heart out if you are not ready for the situation. The fact that you sold it on a little profit is not a mistake, it is actually a decision you made and what ever decision you might feel sorry of, you could cry your heart out because nobody would give those potential profits for you.
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At ayon sa mga bansang hindi itinuturing na legal ang bitcoin o cryptocurrency, ito ay mag dudulot lang ng hindi maganda sa hinaharap at baka ito ang maging dahilan ng mas lalong pag hirap ng mga ekonomiya nila. Source: https://coin.dance/poliAdaptation. Maaaring hindi nais ng gobyerno nila na mapalapit sa cryptocurrency dahil sa pag-iisip na aalisin nito ang kanilang kontrol sa bansang kanilang pinamamahalaan(which is true). At sa tingin ko din ay hindi maghihirap ang kanilang ekonomiya, iilan lang naman ang asset/crypto na pagmamay-ari ng isang indibidwal at ang karamihan dito ay pagmamay-ari ng mga institusyon, kilalang personalidad na matagal na sa crypto at mga developer, at kung ilegalize man nila ito ulit, maaari lang mapadali ang kanilang buhay sa pamamagitan ng teknolohiya, malayo sa pag hirap ng ekonomiya.
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I appreciate the post like other forum members does and this one is really helpful for me since I didn't know how that token creation/generation yet. I just noticed a misleading content that the OP was aware about and that was step number 3. I appreciate the idea but for listing your trial token on an exchange and airdrop it when you are aware that you didn't know what smart contract it is you are copying and sending to users, It's not a good idea at all. I appreciate the exchange and the post but for those who are trying to create a token using this one, please be aware of what you are doing and please avoid selling those trial tokens if you don't have to commitment to learn what smart contracts is and how your supposedly created token would work.
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I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case. I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.
Saying the price is only $25, to be honest it's just a little amount of money but the fact that you lose up to 92% of your initial investment is really bad. It's the same bad as those people who invested $2500, yet they also lose 92%, but if you do your research well and still believe on that project you are investing on, maybe you could afford to buy another part a little to compensate the loss and gain bigger in the long run.
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I just read some article about Forex trading. I read that 90% of traders in Forex Fail or lose their money and 10% are succeed and make a large profit.
SInce I dont have much idea about forex and pertaining to what the OP is saying, if the odds was true, then I'd better stay on crypto. If those 90% of investments would go to those 10% of traders, that's huge but I bet it's regulated unlike crypto.
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If tether is backed by Dollars on that certain exchange you are trading, then you must pay the same value in bitcoin for tether. I think all of those huge price movements just coincide on tether creation because on the first place it's not consistent whether the price would go up or down. Coincidents like that do really happen just like NEWS
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Good day, I am thinking of starting trading again. Should I wait for the market to recover or now is a good time to trade? what are your thoughts?
You cannot tell when would the market recover so I recommend you to buy at the lowest price on the daily and buy it then sell it higher than your buying price so you could have profits while doing it. I think that is the best way to trade, buy low and then sell at the higher price.
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I only scalp when the market is bleeding and it's always been good for me, increasing my possessions but being left behind by the pullback by the other pair of currency I am trading off. My strategies are only increasing possession not focusing on the monetary value. What I did was know the basics of trading first like MACD, RSI and Bollinger Bands, all are basic and I don't complicate much, also Im trading on the 1Hour and 4Hour.
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