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Bitcointalk Name : Kiweikoo
Rank : Hero Member
Stake Name : Kiweikoo
Wear signature & avatar : DONE
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The bitcoin price index is now 1.000000 XBT = 3,836.92 USD
~1 year ago the price was 1.000000 XBT = 19,916.37 USD
The current price is 19.3% of the previous all-time-high.
Like always there is not a definitive answer to that, if you are able to hold your coins despite the adversity that may come then buying bitcoin at the current prices can be one of the best decisions that you can take in your life, but if you do not have that it is entirely possible that you are going to lose money despite the low price that we are seeing, in that case it will be better for you to not invest in bitcoin. Depends on how much cash you have too, doesn't it? I mean if you have 100 dollars it doesn't really worth getting into bitcoin between the purchasing and transactions and so forth you will end up with 90 dollars maybe even less, we talk about how amazing bitcoin transactions are compared to other methods but that doesn't really scale back a lot is it. I mean if you can send a million dollars with 30 dollars fee that is amazing but if you send 100 dollars with 10 dollar fee that's horrible. Not that everything costs like that but when you are dealing with a third world country local exchange the fee for deposit and withdrawal gets to those amounts. Aside from that if you have a lot of cash in hand (anything over a thousand dollars would be fine) than it is a great time to join in. |
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Yes patience is the key, but for this who bought at high and see now price they are panic if investment was a lot % of what they have, but i think in future we can see a higher price then ever and my advice is to hold and not panic and do what they before invest.
These bad times looks like they may be here for a while. I am not an expert on bitcoin price nor I will ever be because I am not a economics type of guy but I got into bitcoin 5-6 years ago and now I have been here for a while and I have seen things that new people did not see. As far as I see we won't be going any worse from now on, in order for us to be any worse than what we are right now we need to actually see a big whale sell a lot of coins again. If that doesn't happen we are going to be either around here or we will be going a bit higher, nothing much but a bit higher. After that we are going to be around that level for a long long time since there is nothing big happening in bitcoin that could change the market a lot. ETF is not putting the money directly into bitcoin so that can't have a huge impact expect psychological. |
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And now? You know I have some years of experience with stocks in the Brazilian asset market. I have tried graphically to find the end of this market low and seller but bao y in a logic equal to the stock market. Could someone explain me a way to understand the graphic signals for the crypto market? Is there any setup for bitclin, ethereum and other assets? Thank you friends.
Spotting the bottom of Bitcoin is a very difficult thing to do, a lot of people has failed trying to spot what would be the bottom this year. All of them I’ve seen so far were wrong. Anytime you think the market has reached the bottom, within few weeks or so, it sinks more. Just like when the price was at $6k and a lot of people were believing that was the bottom price but at last that wasn’t the bottom, price still dropped to $3.5k. |
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I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
Quite a good tip, and thanks for sharing. A lot of my friends has quit cryptocurrency trading cause they say it’s no longer benefiting them. Some of them are now doing binary trading and forex, making use of platforms like OlympTrade, and they are quite making it through that platform, with just little as $10 they can trade and make a lot. Not ready for that, I’m still into cryptocurrency. And once again, thanks for the tip. |
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Very soon me and some people I am going to assist an entire year we are going to chase a 3,778% profit in 12 months with only a 1% daily profit. Everywhere in the world there are people that do not have any money to invest. Mostly those people fall for quick rich, ponzi or hyip shemes that promise them huge returns in a very short timeframe. For those people have a look at our strategy and learn how to do it yourself. I have several different strategies for starting balances from 100$ up to 1,000$ but I am going to share our 100$ strategy because 'most' people have 100 bucks they can miss for 12 months. I have been pretty successful in life. I had my own business for 15 years that I sold for a nice profit. I moved to Spain with my wife and kids to enjoy more of life and I was able to become fulltime involved in crypto. I took a trading course and started trading myself, some of my profits I used to buy a couple miners for myself and I made some good money in 2017 with the huge boost crypto had that year. So I can't complain and have a good life. Unfortunately lot of people I personally know don't have the same luck I have in life. Those people would already be happy if they would be able to earn 3-4 extra monthly salaries per year. In this way they would be able to book the holidays they always wanted, buy things for the kids they could never do before, buy the small house they always dreamed of. For those people 3-4 extra monthly salaries would make a huge difference. The only problem with households in this situation is they just do not have funds to put in decent investments. My opinion is that every person should have the ability to increase his life standard with a minimum amount of money to put at stake.So after many hours of calculating I worked out a 365 day plan where every person with a little bit of common sense can turn a single 100$ into a minimum of 3,778$ in a 1 year timeframe. The strategy in the example is for building out your fiat value and not to build out your crypto value. Persons in a situation I explained above rather prefer hard cash above crypto. However this strategy can be used to build out your crypto value as well.
The strategyThe strategy that we are going to apply is not a trading strategy but a bankroll management system. The way you achieve your daily goals is not important. To achieve the big goal after 1 year, grow your value with a minimum of 3,778%, is top priority. Our strategy fully relies on something our good old friend Albert Einstein once said “Compound interest is the 8th Wonder of the World...
He who understands it earns it...
He who doesn't pays it!” Compounding your interests is one of the most powerful financial tools in the world. For those that do not know compounding. It actually is very easy. Compounding is the same as reinvesting your profits to make more profits on your accumulated profits. In real life compounding can be compared with a snowball. You start off with a tiny snowball on top of the hill, you give it a little push and by going downhill the snowball will start growing faster and faster. Compounding will be the basis of our strategy combined with our 1% daily strategy. Beside the compounding side of our strategy we use our 1% daily strategy. If we take a look at the xxx/USD market we notice that for example BTC, ETH and other big coins move 1% or more several times on a daily basis. So a 1% daily profit should be an achievable goal. Take into account this example is based on building your fiat balance so the value of crypto does not any effect on our strategy. Wether BTC is 3000, 6000 or even 20,000$ it does not matter, the 1% daily jumps will be there every single day in any currency. Or you can achieve your daily 1% with several smaller trades.
So here we go. This is how we are going to work.We will start with a USD100 balance on any crypto trading platform where you can trade on USD, USDT or USDC pairs. We will follow a strict plan of daily goals. And those goals are very simple, achieve 1% profit daily on our balance. Beside that to achieve the maximum and to fully benefit from the compounding system it is necessary not to withdraw a single penny before the 365 days period expires. Day 1We start with a 100$ balance and we trade the USD market until we make $1 profit. Day 2Today we try to achieve a a 1.01$ profit which is 1% on our initial amount of 100$ + the 1$ profit we made on day 1. ... This we keep doing the entire 365 day period to end after 365 days with a value of  And this shows the power of compounding interests. By only aiming for a 1% daily profit but by using the 100% compounding strategy it must be achievable to turn a single $100 into %3,778 in 365 days.This should be the main goal and it cannot be that hard to achieve this. We tried this strategy with 10 persons in the past and all 10 persons including myself achieved this goal.
BUT there is more. Everyone knows the crypto market is very volatile. However we aim only for a 1% profit there will be days that you will make 2-3 maybe even 5% profits in 1 day. It all depends on how the market is jumping that day. However it is very important to stick to your 365 day strategy. Every day you must aim for that 1% profit. So if you have a 3% profitable day is does not mean to become lazy and say 'well lets take 2 days off and start trading again afterwards.' Reason for that will be explained later. But what to do if you make a more than 1% profits on 1 days?As example: Lets say on the very first day you manage to get 5% profits because the markets were very good. You check your compounding chart and check what your day 2 goal must be. Search for the highest amount that is covered by your current balance. In this example your balance is $105. The highest amount covered is the day4 balance of $104.06. So your day 2 goal has to be the profit to achieve of day % which is $1.04.  What if you do not achieve your 1% goal?Normally you can make a 1% profits every day. A bull or bear market, it doesn't matter. Every single day there are 100s of opportunities to achieve that 1% profit. Actually the only way not to achieve your 1% is to go Allin on a position and the coin has crash which takes longer than 1 day to recover. The only thing you can do about that is to take more positions in the same coin for smaller amounts of your balance. Conclusion:When we tested the strategy we had a 100% goal achievement. Every single person of our group managed to achieve the minimum goal of $3,778. Our group had 4-5 people that started trading for the very first time. Our experienced traders assisted those person but 50% was achieved by themselves. So in our opinion everyone should be able to achieve this results.
Some extra information why it is important to stick to the 365 days.It is not obligated to stick to the 365 day period if you achieve your goal earlier, but it only is in your best intrest to do so. Lets say as example you have a 3% profitable day once every 10 days. This means you cover 2 more profitable days in 1 day. On 365 days it means you will achieve your goals 72 days earlier. This is great but what happens if you you just stick to your 365 days Lets say you achieve your goal 72 days earlier. Than you have 72 more days to make additional profits. lets just stick to the 1% daily profit. You will have following result.  You will increase your primary goal with more than 200%. Instead of finishing the 365 days with $3,778 you will end on day 365 with $7,733 which is more than double of your primary goal. Is this achievable?Yes it certainly is. One person of our test group was able to achieve his goal in 260 days which still left 115 more days to trade. This person finished his 365 day quest with a 5 figure profit of $12,375. And all of this with a 100$ starting balance, the 1% daily strategy and the powerful 100% compounding method.
Everyone is capable to achieve the same results. As you see this is a great way to increase your life standard. Even for those that only have a very small amount to invest, they can change their lives drastically and start dreaming about a better life style and finally have the opportunity to do the things they were never able to do before.
ServiceIf you are interested to know more about this strategy and want to try it out yourself, please feel free to contact me through PM so we can connect. We can provide - A customised 365 days plan for a start amount of 100 up to $1,000. Depending on the amount and your requirements we can work out a plan with any bankroll from 100 to $1,000. Depending on the amount, your needs and requirements we provide you with a plan with 50% up to 100% daily compounding.
- Our plans can be applied for building your fiat value, your crypto value or we can provide a plan that combines building out your fiat and crypto value in a combined plan.
- We can provide a 365 day support through a special chat group wether on FB, Skype, WhatsApp or telegram
- For those who aren't feeling comfortable trading themselves we offer a portfolio management service.
All of this we offer entirely for free!!!!We are just crypto lovers like everyone else here. So why would we charge any fee for something that we are doing ourselves anyway. We only charge a 10% fee on the profits we make on managed portfolios, but this fee only gets charged at the end of the period and if the required goals are achieved. So for all other services we don't charge a penny. We fully rely on the goodwill of the persons that use our methods and services. People are free to send us a small donation as show of appreciation. We rather receive donations as show of appreciation and a community supporting and give good feedback in our thread than we make money out of it.
What can you expect in this thread in future?As we said in the beginning of this post. Very soon we will start a new 365 day period with a couple new people that are going to do the challenge together with us. We are going to keep track of our results in this thread. The following 365 days we are going to do will consist 2 or 3 portfolios. We will post progress of all 2 or 3 portfolios on a daily basis so people can keep track of the results and start their quest themselves. Which portfolios are we going to cover? - a 100$ starting balance to let the fiat value grow to the required minimum goal.
- a 100$ starting balance to grow the crypto value to the required minimum goal.
- a xxx$ starting balance to combine both crypto and fiat value by compounding 75% and store 25% of the daily profits for future crypto value increase.
first 2 portfolios are guaranteed. The 3rd one we first to calculate what starting balance between 100 and $1,000 is required to achieve the best possible results.
I hope you enjoyed reading this post and we hope by posting this we can help people that are struggling to succeed. Die hard crypto traders will not be so impressed by the possible results but there are thousands of people in a situation they do not have much to invest and there will be people for whom our results can be life changing. Especially for those people I decided to post this and hopefully with this post and maybe by connecting we can help out many people to achieve the goals they always dreamed of. Regards, Quads Man like seriously I was expecting you to spill a little about the strategy you’re using here first of all, before I consider whether to join or not. But all you have been saying here is to try and achieve 1% daily, how am I going to achieve that if I don’t have the strategy needed. At first was about asking how making daily 1% will get to that amount before seeing it explained… But the comments everyone is dropping here. |
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I do not think so. the more advanced technology will create a better coin and superior among coin or token that already exists. everyone needs better coin and long term prospects.
Let's talk about the new technology and the fact that we are talking about the idea of deflation here which is actually what makes bitcoin come into creation today. If we are not skipping that part, I want to believe in the moment where things are going crazy, a lot of people will be looking for easy way out as a haven and with physical assets being one of the easiest ways back then; a lot may start considering digital assets. We all know institutions may start beginning to have that planned out, hence this attempt of seeing the value drive down. I hope I am not wrong, but I will gladly take my chances with the crypto space anyway. |
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Friends, how do you like the situation in the Altcoin top? What do you think about Ripple, which coins will be top 10 and what changes in the top 100 are waiting for us in 2019 in your opinion?
In that the situation for the top 10 or for the top 100 are unpredictable. We can say that the top 10 may keep captured their positions but the top 100 may do a lot of changes in its places. By the way it is expected that all of them will rise in value much high. To keep the diversification principles always be followed, we must need to go for more number of investments so that we can have the huge profits finally. At the same time what people do feel when they want to invest into more coins like top 100 is, they do hesitate because they may miss out the actually booming coin. But, we cannot predict the future exactly so we need to follow the diversification principles all the times so that we can get overall profits at the end. |
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this is a very severe point of market depression, many traders are trapped in high prices and they prefer to sell assets that they have in panic conditions and make the price on the exchange place collapse as it is today.
People got trapped only due to their greediness because they have bought at peak and not ready for holding. Also those people who have bought but still holding definitely will find their profits in coming months only if they are ready to hold for the same time frame. Anything may happen in this crypto world and it is what exactly happening right now. We must invest only what we are afford to lose and if this condition is satisfying at any time then no need to worry about the current situation of the market. What is happening right now with crypto market is absolutely an expected one. Because, the same things have already happened with these markets by the year 2013 to 2015. From the perspective of the their in the odds of a are about online. |
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I want to believe that. I also believe that we can improve the market. That's OK. I expect positive changes and work with finances, it will be a cool impetus to the future
The important part is that bitcoin will be a key part in the financial sector instead. The point of bitcoin and crypto is not to be a sector in itself but just to change the already existing system instead. So all these wall street, london stock market forex type of deals would have to improve and upgrade to match the level of blockchain can provide, who would want to invest into more "traditional" financial things when there is some more advanced but less used investment is out there, people will threaten the banks for cheaper money transaction fee's or they will leave for crypto. Hence the banks are trying to get into blockchain patent business but they do not realize that as long as the code is different and there are similar but different codes blockchain can't be stopped. |
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1st off these are not coins, why are they called "coins" when they clearly are not? This is the first part off the scam.... #2 why does the bitcoin logo look like a gold coin? Crypto is Digital Fiat and like all fiat all cryptos backed by nothing will eventually reach Zero. In bitcoins case it will reachh virtually zero because it will become a collectors item in the future due to being one of the biggest bubbles in history. Traders are gonna gonna rekt thhese coins have no value and time will show you
What’s the issue with calling cryptos a coin? I don’t see anything wrong and it doesn’t say that anything called coins will end up having no value in future. We don’t know about that yet, it’s just your opinion just like others do have their own opinion about Cryptocurrency and we do believe that its not over. Time will be the only thing to tell. |
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For those of you traders, please be careful with fake exchanges, because I found a VERY SAME exchange that makes no difference at all like the exchange on EtherDelta, the fake exchange link that I saw I got from my Gmail inbox, which message it was contains about giving tokens like AIRDROP, and there I am given a registration form link and in the form there is a fake EtherDelta link, and this is the link http://EtherDelta.website, and this is the original EtherDelta link https://etherdelta.com/. There is no difference at all in the two exchanges, the images, features and others are exactly the same, so please be careful. Secure your private key, secure your wallet, do not easily believe things that invite you to get rich instantly, do not easily trust advertisements, because crime is not just at one door, who knows there are many other fake exchanges, therefore be careful. This is not new, scammers are everywhere and they do this most of the times to trick gullible people into believing that they are main, those people will then invest their money into their hands and they will steal it. I have seen something similar and those who invested money in the site were unable to get it back. I also clicked the fake web link you posted and it didn’t open. Seems like they have taken it down. |
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Potential to make substantial profits. The biggest lure of day trading is the potential for spectacular profits.
Being your own boss. The day trader works alone, independent from the whims of corporate bigwigs.
Never a dull moment. Long-time day traders love the thrill of pitting their wits against the market and other professionals day in and day out.
Expensive education not required. For many jobs in finance, having the right degree from the right university is a prerequisite just for an interview.
Self-employment benefits: As a self-employed individual, a day trader can write off certain expenses for tax purposes, which cannot be claimed by an employed individual.
Any other opinions? Please comment And we discuss any other benefits for someone who uses day trading techniques.
Those are the advantages, but what about the disadvantages in being a trader. And by the way how do you get the money to do trading when you don’t have other jobs that you’re into? It’s good to be self employed, but you will always start from somewhere before you become a self employed and an investor or trader. And sometimes these advantages don’t work, it’s not all the times you make profit. |
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Please discuss!
I do not have direct evidence either way, but I have come to the conclusion that, if Bitcoin did not exist, the Western elites would have liked to create it in secret. My indirect evidence includes:
- Bitcoin has not been killed by a combination of regulation, market manipulation, and propaganda after 10 years. As turbulent as the price has been, Bitcoin has been an excellent long-term bet. Whatever assault it has suffered, it always seems to survive.
- Bitcoin has taken demand away from gold and silver, which traditionally are the big threats against central bank money.
- If central banks secretly own lots of Bitcoin (we still don't know who really owns "Satoshi's bitcoins!") they will have the best of both the gold-standard and fiat worlds in the future. (I will explain this when I have time.)
Lol, what are you talking about, and who the heck are Western Elites? First cryptocurrency and most famous is Bitcoin and it was created by Satoshi Nakamoto, and based on my research so far Satoshi is a person,. Well, I have seen some sources refer to Satoshi Nakamoto as a group of people, but whatever. It provides outlet for us to own personal wealth that can’t be restricted or confiscated by anyone. Waiting for your explanation though, cause I still don’t get what you mean. |
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Yesterday and the day before, it was at the price rate of $4222 and a bit above that, but this morning it is down to $4002. That’s what volatility can cause, it will be at a particular rate now but within an hour or so it will be way below that or even above, you can never tell what happens next. We are already in December and I expect things to start changing, not in this way but to start going up. It seems to me that the next stop will be in the region of $ 3,000. True to begin with, I am waiting for growth in the region of 4500-5000 dollars, and then fall again. Maybe, I certainly can be wrong, but it seems to me that until mid-2019 the situation will be consistently bad and there will be no Bitcoin growth. The market will be in the flat in the range of 2500-4500 dollars for Bitcoin. Many investors will go out and sell their cryptocurrency. In addition, I expect news attacks on cryptocurrency and recommendations to sell cryptocurrency from many
false cryptocurrency experts. But towards the middle of 2019, I am waiting for the growth of cryptocurrency.
You might be right, I have seen someone say the same thing that there is not going to be any bull run this year and early next year. But there will be a Bull maybe at the end of next year and it’s going to be a huge one. I don’t know what to do yet but since I don’t need the money I have invested in Bitcoin then there is no need to withdrawing it, would be best for me to leave it there and wait for when the price will grow again. |
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Winklevoss Twins' Gemini Crypto Exchange Gets Regulatory Green Light for Litecoin Trading
U.S.-based cryptocurrency exchange Gemini, owned by the Winklevoss twins, has sealed regulatory approval to add Litecoin (LTC) custody and trading. The news comes from an official Medium blog post published Friday, Oct. 12.
Gemini’s vice president of engineering, Eric Winer, informs Gemini traders that they can begin depositing Litecoin into their exchange accounts as of 9:30 am EDT Saturday, Oct. 13. Litecoin trading will reportedly go live Tuesday, October 16th at 9:30 am EDT.
The coin is set to be the fourth crypto supported on the platform, alongside Bitcoin (BTC), Ethereum (ETH), and Zcash (ZEC). Consequently, LTC trading pairs will be available against all three cryptos, as well as against the U.S. dollar.
Winer’s post underscores Gemini’s thoroughgoing “banking compliance and fiduciary obligations” under oversight from the New York State Department of Financial Services (NYDFS). It notes that Litecoin trading support comes as the result of close cooperation with the watchdog, and that the exchange continues to expand with a “security-first” approach.
They are both good cryptocurrencies. If you want safety, then it would be best for you to stick with your bank. There are risk in every cryptocurrency, whether Litecoin or Ethereum, both has risk and rewards too. But I’d like to remind you that one of the most successful cryptocurrencies of 2017 is Litecoin, which increased its value by 5000% plus. So what if same is going to repeat itself this time around? You never know. So both are good, just make your choice, or maybe you can study more about them before making your final decision. |
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There are a lot of ICO with promising products. In fact, many projects launch ICO because they want to reach the next level and make a company more successful.
Do you use or plan using these products?
Not really all of them, hut some of them do deserve the attention. I can invest in some of them but that doesn’t mean I’m ready to make use of the product. Take for example the so called HTC Exodus or Finney, I’m not ready to make use of any of those but if I get chance to invest in any of them to profit later on, I will do just that. So not everyone is ready to make use of all those products but there is still going to be a few that are interested in it. |
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I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
There are a lot of things that you can consider but reputation is one thing that matters a lot. So you should always talk about those exchanges with good reputation and after that you can then choose which one of them is suitable for you based location, security and a lot of other things. Team support is also another good thing, there are good sites with poor team support and when you encounter problem in using their site, it’s always difficult to get through to their support. |
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Honestly. this is from a gentle soul that believed and hope the crypto market will get better. I must be hedonistic regards this CRYPTO of a thing. the fact is that we have witness huge Reds Colors in the Market More than the Greens Signs. these days we do have long days of Red trends more than the green trends. it is getting frustrating. i wonder if there could be crypto addicts. Even if we are not expecting the green days so Quick. Let their be BALANCE in this market.
Else we might wake up one day and Move back to square One.
Imagine Loosing out 7.5 billions USD over night. it quite outrageous.
There is nothing to be frustrated about, I think you should go and read about Cryptocurrency and ask questions, cause this same things have happened back then. It’s no longer a new thing and we are all aware that Bitcoin is volatile, so expect it to be fluctuating always. Even when it does rise later, it will fall back again, that’s how it works, cause it’s not stable. But the next bull is going to big and those that had patience now are really going to be happy they did. |
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Hello All, I'm a newbie here (although I have been playing around with BTC for over a year). I'm now running an experiment trying to get (as the thread title suggests) From Minimum To A Million. By minimum I mean a modest investment of £100. I will be investing in several websites that claim to give daily interest or cloud mining income and intend to compound this up to give a decent daily return. Of course, some of these sites may fall by the wayside but I've been doing it for a couple of weeks now as a test and have already withdrawn my initial investment so I'm break-even at worst and only playing with profits. Currently I'm using 4 websites (ElgoMine, TrueMine, Bitchoko and GoGo Earn) and have also tested Marble BTC. All currently paying as expected. I will try and post weekly updates on here but if you want to follow my progress then I've started a Wordpress blog. I'm not sure if I'm allowed to post links or not seeing as this is my first post but it's https://fromminimumtoamillion.wordpress.com/Any comments / feedback / suggestions welcome but please don't flame me. It's just a fun experiment and hopefully I'll be a BTC millionaire in 463 days time.  Nice one, but you just invested only £100 and you’re expecting to be a millionaire in like a year and half. Maybe you should invest more money if that’s your wish, cause I don’t see that little money making you a millionaire in a short time. Not even those that invested thousands of dollars in Bitcoin back then it started became a millionaire in a short time, rather it took them close to a decade, not to talk of you that invested just a hundred. I’m not trying to discourage you, hard work can do anything, I’m just saying based on my experience. Everyone is not the same, so it might work for you. |
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