Yea I know that there are many ways crypto exchange can manipulate market or cheat users*, but it does not refer to the normal functioning that OP was asking about.

*front running
*usage of insider knowledge f.e. calculated zero risk stoploss attack (exchange knows where are stop loses of each user so it can calculate everything and do such attack with zero risk)

But normally. Exchange just take fees from trading and is never a counterparty to any trade.

It was not my point. Crypto, especially bitcoin, is ok for leverage trading. And even x125 is acceptable if you know how to do money management and you adjust your strategy. Its all about money management. Its not like x5 is for good traders, x100 is for gamblers because all in with x5 is far more risky than putting 1% of your portfolio in 100x leverage trade.
My point was that I, personally, have bad moments, when market push me too hard, too many times in raw, what makes me open to risky positions and average down until I run out of cash. On spot I still risk only few % of my balance until I make a decission to sell, while on futures you always can increase leverage and buy more and more until margin call and zero whole balance. That's why I avoid futures. Not because its risky. Experienced trader, who knows how to use it is not in any risk. Its because I know my weakness.

And you can short on spot - you need to borrow an asset first, use margin or leveraged tokens (like BTCUP/BTCDOWN).

Wrong. In theory, when you go long on BTC no one is lending you BTC. You get a loan in $$ and you buy BTC on the market.Sell and give back dollars.
When you go short on BTC someone is lending you BTC, you sell to $$, buy back whenever you want and give back BTC.

Someone who sold you BTC low lost 12k. Not someone who borrowed you money.

Whatever you do on the market, exchange is never a counterparty. Its always the other trader. The role of the stock exchange is to provide appropriate conditions other traders with to make transactions. Not to participate in the transaction and take currency risk.

Here is mine



But the fact is that I was not active for 521 days. I was active one day, when I was testing binance futures. I prefer spot trading. I'm comfortable with my strategies. I have been generating repeatable profits for several years but ...
every few months, maybe once a year, the market push me that hard, that I break my rules and take too much risk. In the case of spots, it is a loss of xx% of the portfolio in few days. In futures, this would result in over leveraging my trade to the moment when I have no money left on 125X leverage. Margin call and I go work to MC Donald. I know it's the Achilles' heel off me so all i can do is stay out of futures.

Too shame this "Outperformed: 91.07% of users" relates to trading volume only. Not ROI.

Binance used to make such report from spot too, but they stopped in 2019. Shame.

W wątku tym proponuję wrzucać istotne sygnały techniczne które widzimy właśnie na rynku. Chodzi o przebicia kluczowych poziomów, zbliżanie się do wsparcia/oporów. Format dowolony, jedyne zasady są takie, by coiny były z top 300 CMC. GŁównie dlatego, że AT na microcap coinach nie ma sensu. Oraz by wrzucany wykresy zawierały wszystkie potrzebne informacje - interwał, wolumeny itp.

Pomyślałem też o zabawie dla chętnych. Zabawa polega na tym, że każdy startuje z 10 000$ wirtualnych dolarów. Wynik każdego sygnału pomniejsza lub powiększą tą liczbę. W OP prowadzony będzie ranking.

Zasady (wątek jest dla wszystkich, dla tych którzy nie chcą brać udziału w zabawie zasady nie dotyczą):
Sygnał musi zawierać kompletną strategię - proponowany poziom wejścia, powód wejścia, stoploss i take profit.
Poziomy takeprofit i stoploss można przesówać ale przed wystąpieniem ceny trigger na giełdzie binance





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Liderzy:

It will be way worse. Its just the beginning. Inflation is not pumping 20% in one year to dump back a year after. Its a long process. Things that we do now (printing 20% of whole $$ supply in 1 year ... same with euro and other big currencies) impact inflation for next decade. And there is nothing we can do now to stop it.

The worse part is that we did not spend printed money for things that boost amount of available goods (f.e tech, investments). We used it to pay people to stay home - produce less stuff. So we increased supply and decreased amount of stuff you can do with them.

So yea its really bad.


We can't say that stealing money from hard working middle class is not bad because it may be beneficial for bitcoin in long term.

They say something different "Anything that can go wrong will go wrong." - Murphy's law

But the fact is that ETH looks very bullish. It does not look like the end of bull market. Here is 2021 chart (top img) VS 2017 bubble end (bottom img).



In 2017 once we started to go down ... we we going down for 80 days and recovered only to -43% from ATH just to continue to dump even lower. Now we just been 10% short from ATH and we continue to grow. Bullish.

Its not just US and now UK. Its the problem of majority of the word. Here is a list of European Union (UK just left but was there for like 50 years.



Mostly because whole world is build on wrong economic model, wrong political model, was printing like crazy during covid panic, have reserves in a currency of slowly dying country which import much more than export and its only solution is to print more. Thats why everyone is now talking about global reset. Not US reset.

Great news. Bitcoin is big enough that one of the biggest founds lobbies regulators on its case. The fact that fidelity is "a knight on a white horse" here does not surprise me at all. I remember their paper from 2020 when BTC was recovering from covid panic sell.

https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-alternative-investment.pdf

In which they stated that every well balanced (diversified) portfolio should hold 5% in bitcoin. If they apply to this by themselves its 245 billion $ invested in BTC. Thats 30% of btc supply!

Too shame that either this paper or the fact that they push SEC in ETF case is not spread well enough. Its bigger than most of recent news. Especially "Elon buy/ Elon sell" sh*t.

Niewiele czasu minęło a pojawił sie nowy airdrop od coinmarketcap:

https://coinmarketcap.com/earn/project/nftb#lessons

Ty razem do zebrania 5$ w NFTb (więc nie ma szału) i 50 diamentów za które można potem kupować NFT i nie tylko na coinmarketcap. Jak będę miał odpowiedzi to dorzucę. Jeszcze po forach nie widzę, bo airdrop świerzy a za 5$ samemu nie chce mi się oglądać filmików o kolejnym projekcie zajmującym się NFT.

Limity KYC to przeszłość. Aktualnie mamy do czynienia z całkowitym zamknięciem binance dla nie zwalidowanych użytkowników. Nowe konta mają obowiązkowe kyc przy tworzeniu a stare konta stają się kontami zombie po 19.09 i mają możliwość tylko zamykać pozycje i wypłacać środki (oczywiście w tych małych porcjach).

"Binance reviews its products and services on an ongoing basis to determine changes and improvements in light of evolving global compliance standards. To enhance user protections and provide a safe crypto environment for everyone, Binance is making the following changes:

Effective immediately, all new users are required to complete Intermediate Verification to access Binance products and service offerings, including cryptocurrency deposits, trades and withdrawals.

Existing users who have not yet completed Intermediate Verification will have their account permissions temporarily changed to “Withdraw Only”, with services limited to withdrawal, order cancellation, position close, and redemption. This will be carried out in phases to minimise user-experience disruption, from now through 2021-10-19 00:00 AM (UTC). Existing users will be informed directly with more details. Once users complete the Intermediate Verification, they will be able to resume full access to Binance products and services."

https://www.binance.com/en/support/announcement/51bf294e26324211a4731ca998e110ca

Tu niestety jesteśmy sami. A może i stety? CEOs są strasznie skąpi. Każdą sztuke swojego tokenu traktują jakby był wart miliony. Jedyne co na marketing wydali to jakies konkursy na twitterze, gdzie wygrac można było ... zaprosznie Które za darmo można mieć jak się zapyta na telgramie. Z nagród finansowych, tu nie pamiętam konkretnych liczb, ale coś na zasadzie, że do wygrania było 20$ w ich tokenie  .... do wygrania dla najlepszego  a nie aidrop dla każdego uczestnika

To samo niestety z community developerami. Rozmawiałem z 1 i mówił, że w porównaniu do stawek dla programistów blockchain na rynku, to on tu charytatywnie robi. Kilku przez to odeszło.

Ale może teraz sytuacja się zmieni. Własnie zapowiedziany został fork:

"Dear Idena community,

We plan to release a new version of the Idena node on September 16, 2021. It will be a seamless hard fork update.

Please check the upcoming changes:
https://medium.com/idena/idena-hard-fork-announcement-validation-sharding-ca910bac3599"

Dlaczego? Ponieważ fork ten wprowadza validation sharding co czyni sieć skalowalną pod wzlędem liczby nodów bioracych udział w walidacji. Wcześniej, pompa i zbyt duża popularnośc mogła skutkować w rozerwaniu sieci.

I doubt that onyone in 2021 confuse harmony lauched in 2019 as 5th binance lauchpad (must cost fortune for this project) with coin that exit scam in 2017. I also doubt that harmony will change ticker after incurring such enormous costs to build brand awareness only to not be mistaken as a scam from 2017. Especially since the crypto community is growing exponentially. 90% of current investors entered the market on the current pumps - after 2020.

Nieoczekiwanie, przynajmniej dla mnie, wróciły na binance wypłaty USD za pośrednictwem sieci płatności SWIFT - https://www.binance.com/pl/support/announcement/b929b036ebd24c94809378d05a3e5892. Myślałem, że wolność została bezpowrotnie utracona. że opcji wpłaty/wypłaty będzie coraz mniej aż binance ureguluje się w 100%, czyli pełne KYC jak u światowych brokerów przy samym otwieraniu konta, pełne ragulacje co do obrotu (monitoring ruchów traderów) w calu zapobieganiu spoofingu, wash tradingu i innym nielegalnym zachowaniom na "uregulowanych rynkach.

A tu taka niespodzianka. Czyżby ktoś zdjął buta z binance?

How can you be sure that you will not lose money by copying the movements of others? I'm succesfull trader, I leave from trading for more than 4 years, but I lost a decent bag during 52-43k dump and i'm loosing now trying to trade altcoins which pump right after my sell. My worse month starting from 2020. If you were about to fallow my trader you would be so frustrated right now ... not only because of lost money but also because of the fact that you did not get any lesson from this .. just wasted money. You learned that I was the wrong trader to fallow during this period. While ... it was only 1 loosing month since a very long time.

Learn and trade. Trade as much as it is possible. Reduce the size of the transaction to a minimum to keep learning costs as low as possible. In the beginning, everyone loses, but every lost dollar, is a learned lesson. Contrary to lost dollars when copying moves, listening to signals from trading groups.

I think we are no longer in "fundamental investment stage" AKA "smart money time". We are in bubble where coins do x4 in 1 month. It does not matter here what project have to offer, what team is behind him. It does matter in the second year of bear market (like whole 2020). That's where you compere project fundamentals and pick the most prospective. During bubble fundamentals does not matter anymore. All traders are interested in is price action, volume.

So if you want to invest ... just stop and come back in 2 years. If you want to trade ... pick coins that outperformed market during recovery after BTC dump, buy the next big dip on them and than surf the waves.

Crypto - place where promise is worth more than product - https://bitcointalk.org/index.php?topic=5342142.msg57169912#msg57169912

Now that cardano lacuhed its product it will no longer be evaluated based on market expectation but based on reality. Reality is that no one needs cardano anymore. It could be a successful project in 2017. Its 2021. We have solana, tron, BSC, ETH v2 soon to launch ... We have hundreds of similar coins. Even coins out of top 1000 CMC have smart contracts. Sooner or later cardano will lose 90% of its evaluation. The only question is ... when will it start.

I agree with majority of your post. The only thing is that network was growing exponential because mining reavenues were huge (we pumped 6x very fast). Its not the validation problems that stopped network from growing. It was price dump. Idena dumped 60% in 12 days. so if you were able to mine 500$ per month and people were buying invitations and yet no one was giving them away because everyone was spamming all friends and family memebers to join the network. Than price dumped, mining rewards too and people give up. At least with persuading all cousins, aunts and uncles at family dinners to join.


Yea. Its the biggest event since ... first epoch. Now we are ready for going wild.

Crypto is not much different than stocks. Why do you think elon has such a driving force in crypto? Because he has proved many times that his twitts have the driving force and are moving with ease the course of one of the largest companies in the world up and down like crazy.

"Tesla shares fall on Elon Musk 'stock price too high' tweet" - https://techcrunch.com/2020/05/01/tesla-shares-fall-on-elon-musk-stock-price-too-high-tweet/

"Less than 24 hours earlier, the billionaire appeared to prompt shares in CD Projekt, which makes the Cyberpunk 2077 computer game, to surge more than 12% after he said via Twitter that a new model of Tesla’s Model S Plaid car would allow passengers to play the game." https://www.cnbc.com/2021/01/29/elon-musks-tweets-are-moving-markets.html

He was even attacked by SEC in 2018:
"Elon Musk Charged With Securities Fraud for Misleading Tweets" - https://www.sec.gov/news/press-release/2018-219ikNr2bSzV87dTqvEHTNbzIEYTl3SzN6XEgsyt0FXzkRFFiyONinVU

Trump twitter was one of the main indicators for SP500 traders in last 4 years. Each time he was posting something price was moving aggresively.

"S&P 500 Performs Best On Days Donald Trump Tweets 30 Or More Times: Study"
https://finance.yahoo.com/news/p-500-performs-best-days-191644863.html

Some stocks are even more manipulated than crypto because they are far less transparent.

So price reaction on influacers is everywhere. But its always short term price action. Long term price action based on fundamentials dont change.

Buy rumours sell facts. Easy as that. Always 0-5 days before release of new feature comes dump which continues for weeks unless event outperform market expectations. Will ada smart contract launch outperform market expectations? Hell no! Fun fact about ADA is that its "soon to launch" something for last 4 years. In 2017 they were just a promise without working product and user base in an environment where there was not many ETH competitions, its 2021 now and nothing changed. They are still just a promise without working product and user base. They did not achieve anything while whole crypto industry made a huge step forward. We have BSC, SOLANA, DOT and dozens more ETH competitiors. We dont need ADA anymore. And now in 2021 they launch ... smart contracts .... damn even shitcoins outside of top 1000 CMC have smart contracts. That's what investors were waiting for last 4 years? I expect huge dump and launching smart contracts after 4 years is a perfect cash-out moment for every investor who trusted this shitcoin so long. the only thing that will save ADA from massive 90% dump is BTC pump and continuation of bull run of whole crypto industry.