Bitcoin Forum
June 21, 2025, 10:30:26 PM *
News: Pizza day contest voting
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 »
1  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Are airdrops really worth it? on: August 03, 2018, 08:42:06 AM
To me, it's worth. I had nothing to do when I bought my altcoins at high prices and hold them. I did airdrops in my free time. Actually, nearly 90% of them are trash, but the rest 10% are worth doing. Depending on the luck, you will get some money from airdrops, and use them to DCA for current altcoins.
2  Economy / Trading Discussion / Re: Simple Bitmex tool to check buy sell volume on: August 03, 2018, 12:58:04 AM
Thank you, this tool is really helpful for Bitmex traders who want to see an overview of market. I think traders should know extra information like that to have a better order, instead of focusing only on technical analysis aspect. Bitmex is a margin exchange, then it contains more risks than orthers. So, traders have to be mature and skillful to trade on it.
3  Economy / Trading Discussion / Re: Are you addicted to trading? This is for you on: August 02, 2018, 03:52:31 AM
Haha, I used to be, but now I'm not. In the beginning, when I just joined this market; I just tried to surf from coins to coins and thought it's the best way to gain profit. It was not true for me because my skills were not good enough to do trading. Now I choose midterm and long-term trading to reduce the risk of buying at top. Less profit but safer, and I'm not addicted in trading Grin
4  Economy / Trading Discussion / Re: What you should do when you lose most of money? on: August 01, 2018, 04:05:05 PM
I have several things to do
- Learning more about cryptocurrency and do technical analysis daily
- Do airdrop to get free coins
- Do the current job to get money, and plan to re-invest
When I lose, I will try again. Currently I am holding my altcoins because I bought them at high prices. But no worry, I still try day by day. Good luck to you.
5  Economy / Trading Discussion / Re: 5 errors when buying crypto currency on: August 01, 2018, 12:35:23 PM
Wow, I love these errors because they are what we are experiencing in cryptocurrency market. You are true, and we should learn to avoid them. I think the best way is learning. We have to study many aspects of this market (TA, risk management, news, ...) Good luck Smiley
6  Economy / Trading Discussion / Re: What's your favorite exchange? on: July 25, 2018, 03:00:38 AM
Currently there are many exchanges, and we have to choose what we should used to trade, to invest. I have a list, you can consider
- Binance: My favorite exchange. It contains many advanced features with UI/UX friendly. I often do trading on it because of high volume.
- Houbi: It is hot recently with a great volume.
- Bittrex: It's old now, but it belongs to US. We can trust this exchange.
- Coinexchange, Kukoin, Southxchange, Crex24, Idex: Many potential coins here.
A lot, that's why you have to choose the favorite one Grin
7  Economy / Trading Discussion / Re: Transfer My Entire Savings to Cryptocurrencies? on: July 21, 2018, 11:56:15 AM
Extremely risky! Do not do that!
Cryptocurrency is just one of investing channels, and you know that investing always has risks. My 1st rule in investing is that I just invest what I'm ready to lose. You do not know what will happen in the future, so you have to have a good plan for your entirement instead of using all of your money for investing! Good luck sir.
8  Economy / Trading Discussion / Re: Is technical analysis useful? on: July 21, 2018, 05:09:24 AM
Yes , mostly in my opinion. Sometimes, like current market now, you can see the technical analysis is not enough. All altcoins are following bitcoin because of high dominance of bitcoin.
But mostly we can apply technical analysis to trade or hold our altcoins. You have to learn these skills if you do not lose your money in cryptocurrence market.
9  Economy / Speculation / Re: What's right time to buy bitcoin? on: July 21, 2018, 03:19:09 AM
That's depending on your strategy, we cannot sepcify when its is the best time. Currently, I have separated my money into several pieces, and I will buy at several prices of bitcoin like 7k 6k 5k, even 4k. Do not buy all at one time! Otherwise, you could lose your control. Be careful man!
10  Economy / Trading Discussion / Re: Don't hold your coin on exchange for long time. on: July 20, 2018, 03:35:17 PM
This is true, at least for me. I have tried to hold many times, but I got failed. One of the main reason I noticed is that I held my coins on trading exchanges. It was really hard to hold when I saw my coins were going down, then I sold them and hope I can buy again with low prices... The real situation that I missed lots of chances...
So, if you want to hold, put your coin to offline wallets!
11  Economy / Trading Discussion / Re: Be calm when the market falls on: July 19, 2018, 01:34:19 PM
The current market is quite scary Embarrassed We can see the dominance of Bitcoin is high, around 34%. That means if bitcoin is going up or down fast, all altcoins will dump significantly. But we have to be calm...
- Hold your current altcoins for a long-term
- Consider to DCA altcoins when bitcoin moves
- Daily trading for a small part of your money
We have had 6 months of downtrend, just need to be calm in 2-3 months more. The uptrend is coming....
12  Economy / Trading Discussion / Re: Best trading signals group is? on: July 18, 2018, 08:48:36 AM
You SHOULD NOT follow any trading signal groups, please!
On signal groups, you can read sharing from them, but you have to validate again their signals. Mostly, they will share the signals to members after they bought. Then, the more fomo you do, the closer target they will achieve.
What you need to do now is learning. Just learn everything about cryptocurrency world (trading, holding, analysis, info, etc). After that, you could make money by yourself without help from anyone, any groups.
13  Economy / Trading Discussion / Re: Day trade is more a lucky thing or skill on: July 17, 2018, 09:31:56 AM
It's mostly based on your skills and there is a little bit of luck in my opinion. I have traded nearly 1 year, and sometimes I saw that we need a bit of luck Wink But I think the most important part is your trading skills. You have to know where is the market now, what should you do, what coin you choose, or when you hold or trade... All that things you have to study and practice in at least several months to get familiar with cryptocurrency world.
On the other hand, some necessary skills like capital management, news catch-up,... you have to learn. Good luck with your trading and do not based on luck  Grin
14  Economy / Trading Discussion / Re: Be calm when the market falls on: July 13, 2018, 04:14:01 PM
Just go outside and do not look at your balance Wink Just kidding, when the market is in downtrend, I put stoploss on every trading orders. When the market falls, I just wait to buy altcoins at dip. Trading with 3-5% profit and return to bitcoin. Keep holding bitcoin and trade till the end of downtrend. When the market is better, I'll buy altcoins and wait to sell at top. When the uptrend comes, just hold all altcoins till 3x-5x-10x. It's my trading strategy.
15  Economy / Trading Discussion / Re: Who believes in HODLING? on: July 13, 2018, 02:24:15 AM
I did not believe in HOLDING, but it's different now.
- HOLDING or TRADING belongs to the status of cryptocurrency market (Uptrend or Downtrend).
- You should start to hold your altcoins when the market is going to uptrend. You do not know where is the top target (maybe 3x 5x 10x...); that's why you should hold till your own target.
- You should do trading when the market is in downtrend. You still do not know where is the bottom of altcoins (maybe /2 /3 /5...); you need to trade (take profit, increase number of coins, ...)
Instead of focusing on 1 strategy, you should learn how to adapt to the market Wink
16  Economy / Trading Discussion / Re: Bearish trend is over on: July 12, 2018, 02:01:05 PM
In my opinion, bitcoin is going to the end of downtrend.
- Bitcoin need to re-test 5k5 to have a good pump.
- Around October, bitcoin could exit the downtrend and starting uptrend. It could achieve 10k-12k6.
- For altcoins, we can consider to buy from now. They will  escape the downtrend before bitcoin.
Do not sell anything at current situation. If you can do trading, it's good. If not, just hold and wait 2 months. Good luck!
17  Economy / Trading Discussion / Re: Do not blindly trust telegram trading signals. on: July 12, 2018, 09:58:33 AM
Totally agreed with you. There are several reasons:
- Newbies who do not know how to trade/analyze the market. They just follow these tele groups without doubt.
- Signals on tele groups is not reliable. They are just bought before releasing the signals, then you get fomo -> they sell on your buy orders
The best solution is you have to study by yourself, trade and hold by yourself!
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Time to Sell Altcoins on: July 12, 2018, 04:41:56 AM
I think it depends on your strategy (trading or holding). Currently, all altcoins have quite good prices, you can consider to buy them and ready to hold for a long term. On the other hand, you can do trading on these coins you have bought for holding; this is also one of good strategy.
For me, I expect that in next 1-2 years. All current altcoins could hit 10x-100x like altcoin history (i.e. NEO, ETH, DASH, STRAT, ....)
19  Economy / Trading Discussion / Re: Stop Loss Trading on: July 12, 2018, 04:07:25 AM
Stoploss is a must for trading! Newbies tend to forget this command, but you have to remember putting stoploss on every orders you have.
Trust me, I have lose quite a lot because I did not use stoploss for my trading orders. We can lose 3-5% for stoploss, but without stoploss we can lose around 10-20%.
For example, you bought bitcoin at 18k, but you did not put stoploss at 17k5. Now bitcoin is 6k.... Think about this case guy Smiley
20  Economy / Trading Discussion / Re: What's your favorite exchange? on: July 09, 2018, 01:36:47 PM
Hi, if you are a newbie, you should investigate more on cryptocurrency. Currently, there are many exchanges:
- Binance: This is the best exchange I think. Good volume, nice UI/UX, great marketing strategy and coin listing.
- Bittrex: US exchange. It has been a long time, this exchange is trusted by many people.
- Kukoin: This exchange contains many potential coins.
- Coinexchange: Many coins (1-2 sts) but they are potentially to be 2x 3x weekly.
- Others: Cryptopia, Houbi, Bleutrade, etc.
Pages: [1] 2 3 4 5 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!