|
261
|
Economy / Trading Discussion / Re: How Do You Secure Your profits?
|
on: April 09, 2018, 10:46:06 PM
|
What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down
I usually secure my profit from alt coins I hold by converting it into bitcoin or ethereum when there is sign of market will fall. Later, I found out converting it into USDT is much better. When market is green, I suggest you buy top performers based on coinmarketcap.com or simply buy bitcoin and ethereum. |
|
|
|
|
262
|
Economy / Trading Discussion / Re: Trading Advice Needed
|
on: April 09, 2018, 10:41:04 PM
|
hello everyone! I am quite new to the cryptos, however Im very interested in learning and discovering the trading process of cryptos! Therefore, I would like to ask crypto traders for some advices about how to better learn the trading process and how to start trading. Thanks in advance!  Hi, you can start learning about fundamental and technical analysis of trading cryptos. Even though, fundamental analysis is not really important for some people but combining with technical analysis can be a great advantage. Technical analysis offers a lot of strategies that you can choose from, for example Moving Average Cross, Bollinger Band, and others. I was a former forex trader and basically forex trading strategies works better in cryptos. |
|
|
|
|
263
|
Economy / Trading Discussion / Re: Trader Future life?
|
on: April 09, 2018, 03:14:33 AM
|
How is trader life in the future?A trader is the country's wealth?
Trading can be a good job in the future but this should be only taken as a side job. Why? Because trading is not easy job, and not everyone can be professional trader. You can take profit big and loss even bigger. The government can actually benefit from trader taxes. However, this should only collected from licensed traders. |
|
|
|
|
265
|
Economy / Trading Discussion / Re: What is a whale?
|
on: April 09, 2018, 02:56:55 AM
|
What is your definition of a whale? How many BTCs do you need to have to be a whale?
Whale is a person or institution that have a large amount of money to control the market for profit. They also have access of mainstream media to spread FUD and rumor in order to manipulate the price. I think holding BTC 100K BTC is considered as a whale in my opinion. |
|
|
|
|
266
|
Economy / Trading Discussion / Re: Best Trading Site
|
on: April 09, 2018, 02:53:53 AM
|
|
Poloniex and Bittrex are my favorite exchange for trading. These sites provide advanced chart and good features to help you analyze the price. Another site I like is Binance that provides simple and advanced chart that you can choose at your convenient. If you happen to like simple exchange site, I suggest using TradingView as an additional tool.
|
|
|
|
|
268
|
Economy / Speculation / Re: Bitcoin is back to 7k$ , bitcoin is rising again!
|
on: April 03, 2018, 02:19:38 PM
|
If we look at the chart bitcoin have started to rise up again. It fell into the dip at 6200$ and now it has climb up again to 7k$. Despite the news of closing of exchanges on Japan and India the community are having smiles on their face when they see bitcoin climbing up again. Possibly this is due to the good news being circulated around about the new development in bitcoin. All spirits are alive maybe this is the sign we are looking for.
Is this the sign we are looking for or this is just temporary?
Be careful of bull trap. Your statement get to be supportrd by trusted sources. Bitcoin needs strong sentiment that can be proved to avoid FUD. If this is just rumour just leave it. |
|
|
|
|
271
|
Economy / Trading Discussion / Re: Bitcoin or Altcoin
|
on: April 03, 2018, 12:38:42 PM
|
I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
I am not an expert but let me give you my noob opinion. Investing in bitcoin is much preferred than any alt coins, why? Because people use bitcoin to buy alt coins, therefore its demand is still high. Besides, alt coins are strongly influenced by bitcoin price movement. Adjust your portfolio, I am not saying alt coin is bad. But better allocate more $$$ in bitcoin. |
|
|
|
|
272
|
Economy / Trading Discussion / Re: Sell all to USDT when everything goes down ?
|
on: April 03, 2018, 12:29:48 PM
|
Is exchanging all your assets to USDT when everything goes down a valid move ?
Honestly, I never thought of that! IMHO, price of USDT usually is not really far from $1 per USDT even when the market crashes. So, probably this can be a good strategy to avoid maximum losses. However, it is too late considering the market at moment on the floor. |
|
|
|
|
273
|
Economy / Trading Discussion / Re: Is technical analysis useful?
|
on: April 03, 2018, 12:25:35 PM
|
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Of course it is useful because you can use it to predict the market. Although trading is a game of probability, technical analysis is still reliable to help you understand the market. Most of pro traders use technical analysis anyway combined with fundamental analysis from news. |
|
|
|
|
274
|
Economy / Trading Discussion / Re: When do you plan to sell?
|
on: April 03, 2018, 12:20:58 PM
|
What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I am not a trader. I am just a hodler. But if I do, I only trade coins others than bitcoin and ethereum. My exit point is highest resistance, so actually I am seeking maximum profit only. |
|
|
|
|
275
|
Economy / Trading Discussion / Re: Fixed income with BTC trading?
|
on: April 03, 2018, 12:17:44 PM
|
I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
Fixed income from bitcoin trading sounds difficult for me. Really, in the market right now? It is not easy job after all. I don't mean to say it is impossible. There is no system yet to prove it. Maybe it will come true in the future. |
|
|
|
|
276
|
Economy / Trading Discussion / Re: where do you get your predictions?
|
on: April 03, 2018, 12:13:06 PM
|
hello!
for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?
I usually type "Bitcoin" in Google to find any market prediction about it. Besides, I also watch videos from crypto currency experts in Youtube. I don't take them seriously anyway because I will never take any investment advice without doing my own research. |
|
|
|
|
277
|
Economy / Trading Discussion / Re: trading vs holding
|
on: April 03, 2018, 12:05:22 PM
|
Under what circumstances is trading preferred over holding?
Btc reaching 10k$ way before new year is a big shock,your opinions would be very helpful.
Considering the falling market at the moment, it is difficult to trade unless you do margin trading or shorting. Otherwise, you only make some profit. So, I think you should start buying in the deep and wait the market green again. |
|
|
|
|
278
|
Economy / Trading Discussion / Re: Guys, just hold.. We can agree on a few things.
|
on: April 03, 2018, 12:00:42 PM
|
|
Your thread deserves more Merits, I love quotes from Warren Buffett. He is also my inspiration, and I hope I can be just like him. We can learn from the history that it does repeat itself. Let's see the market as a whole. When all time history show a strong trend, I'll keep hodling my portfolio. There will be correction but it will recover in the future.
|
|
|
|
|
279
|
Economy / Trading Discussion / Re: Learnings from crash
|
on: April 03, 2018, 11:52:44 AM
|
What do you feel you have learned from the crash (if anything)? I think the market has gained a little bit more stability now, and therefore it is nice to look back on your own thoughts and the decisions you made when experiencing such a crash.
Personally, I learned that I need to continuously, as markets grow, 'take off some risk' and allocate some profits from alt into ethereum and bitcoin.
In the same regards, I will also begin to allocate small percentages into $ so that I can gain more on crashes like this one.
Lastly, I once again got confirmed, that in crypto we see huge volatility and that is just something we have to live with - for now at least. Never panic sell in corrections!!!
Honestly, I've started investing in bitcoin in the late 2017 even though I already heard about bitcoin back in 2013. What I've learned from the market, never expect too much from your portfolio. You never know how deep the market will sink. Sell when you still can make at least 5% profit if you really need fresh cash. But my advice is, keep your mind on, don't panic selling even when the whole market crashes because we all know it's just correction. It's just about time we see our portfolio green again. |
|
|
|
|
280
|
Economy / Trading Discussion / Re: SAFE TRADING METHOD
|
on: April 03, 2018, 03:06:16 AM
|
I think the most secure trading is to use some money from trading capital and use money that will not be in use for the near future,
for example I have $ 1000 and I need to use the money for my family's living needs, then I can use $ 250 for trading and the rest to survive, do you mean from this revelation?
this method is used so that you are not too depressed if the money you have stuck in the expensive price.
You are right. There is no professional trader will use 100% from their bank account ever, even when the market is bullish. You know, nobody can tell what will happen next with the price. So many beginners, don't think of this until they loss all of their money. |
|
|
|
|
Show Posts
