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761  Economy / Service Discussion / Re: KuMEX on: July 29, 2019, 01:42:04 AM
Isn't this just a clown of Bitmex, but with access able to US users? They haven't restricted US users, which could mean trouble for bitmex, I personally know a lot of US friends who've been forced to VPN to bitmex for their trades. Even with it being in a test state right now, them allowing US residents is massive for adoption in a whole, Kucoin has also been very lenient with their American userbase, especially compared to other exchanges.

The possible biggest name in leverage trading now? If they allow US investors, they will 100 percent blow up. I haven't found their fees as well, could someone forward me a link to them?
Yep, seems like it. I know a bunch of people who trade on Bitmex or other sites like Deribit using VPNs as well, going to potentially recommend this site to 'em as it'd be much easier and more convenient to trade without using a VPN.

As for the fee structure, the link's here. Very similar to Bitmex's fees, except the taker fee is 0.06% and not 0.075%.
762  Economy / Trading Discussion / Re: OKEX vs Bitmex on: July 28, 2019, 09:19:51 PM
I am not sure that bitmex is still the only cryptoexchange that are into margin trade, Binance too has also started its margin trade too, although I have never used it, but you already know that Binance has been successful in many projects that it has established and I believe that this particular one too is not going to be exceptional.
There are other sites that are often mentioned for leveraged crypto trading like Deribit and Bybit as well, though the latter is essentially a copy of Bitmex with a slightly different UI but otherwise the same thing. Deribit's been around for a while and though there's less volume and liquidity and the UI's pretty different from Bitmex's, the site should be legit and it doesn't overload as well. Been using Deribit with very little problems recently.

As for OKEX, I might check it out when and if they implement stoplosses, as they're an important component of my trading strategy. Otherwise I'll just stick to what I'm using now.
763  Economy / Gambling discussion / Re: if you want to win big...accept defeat on: July 28, 2019, 09:01:40 PM
You shouldn't be completely comfortable with losing, though, or you could become complacent and start losing because you've lost your focus. Being able to accept defeats is something I've had to apply in trading as well, but in my experience you should still have just a little bit of fear of losing just to keep you on edge.

It's gambling in the end anyways, so you shouldn't be expecting to hit a massive victory every time you play a game. Be realistic. Most games are also -EV so you're going to lose over longer periods of time.
764  Economy / Trading Discussion / Re: What's your advisable source of capital to use for trading. on: July 28, 2019, 08:58:18 PM
I've only ever traded my own capital as well; I did try to trade on borrowed funds a long time back and it just didn't work out too well because I was under extreme pressure to make good trades and I ended up folding under the pressure. For that reason alone I would suggest just saving a bit of money every week or so and putting it aside for trading if you're able to do that.
765  Economy / Service Discussion / Re: why we should not trust ico review website on: July 28, 2019, 04:08:07 PM
Same goes for a lot of casino review sites out in the Gambling section; a lot of those sites will post a positive review for a bit of a payment as well, even if there isn't explicitly a page about that. Always pays to do your own research for any sort of investment anyways, because your own money's at risk- why trust someone else in that situation? It does take some time to research an ICO or IEO you're trying to invest in, but your investment's got a better chance of paying out if you do this.
766  Economy / Trading Discussion / Re: Traders who never bother to learn how to trade on: July 28, 2019, 04:28:50 AM
A lot of people develop bad habits in trading over time without realizing it as well, and unless you really take the time to analyze your trades and see what went wrong, it can be hard to identify and rectify these problems. You're also your own teacher when it comes to trading as very few people are willing to give up their own time to teach others anymore, much less one-on-one lessons, so you've got to be able to absorb and apply the things you learn quickly too.
767  Economy / Service Discussion / Re: KuMEX on: July 28, 2019, 03:10:26 AM
Seems like an almost-exact clone of Bitmex to me as you said with just a few very small differences, such as a 0.06% taker fee and a -0.025% maker fee according to the specifications of the contract, so you're getting a refund on fees as a maker just like Bitmex. I might just check this out for the sole fact that it does not seem to exclude US traders for the moment, but I also agree that they're likely going to add a clause in their terms restricting US traders soon as well. Interestingly enough KuCoin published an article in my small town about launching their derivatives platform on the local news network website, so they might be trying to stick around in the US.
768  Economy / Service Discussion / Re: Is this the best time to buy Bitcoin or not? on: July 28, 2019, 02:53:06 AM
If you're playing for the long term anytime is a decent time to buy Bitcoin, you could try DCAing as well so that you don't buy in at one time but rather average out the price of your buys. I've been pretty bullish long-term as well, and I've been DCAing ever since a couple months ago and it's been working out quite well.
769  Economy / Service Discussion / Re: Best alternative of coinpayments.net? on: July 25, 2019, 10:34:21 PM
If you're trying to store coins securely in cold storage, printing a wallet with the correct precautions such as booting off a USB stick with Linux mounted on an airgapped computer should ensure good security, though an easier method is just to acquire a hardware wallet if that's possible in your country- it might not given the ban on crypto there. There are some good ideas you can try at this wiki page (click for link).
770  Economy / Trading Discussion / Re: Crypto trading educational platforms on: July 25, 2019, 04:10:32 PM
I find information from all over regarding all types of trading and apply it to my own trading. I've never been a fan of any one platform, but I've found a great number of detailed and interesting articles involving trading on Medium. @cryptocreddy on Medium's one author I follow and read pretty often, and his articles are especially good if you're just starting out trading.
771  Economy / Gambling discussion / Re: Online Slot Tournament on: July 25, 2019, 04:05:01 PM
I've only ever played in a few tournaments for slots and I'm not a big fan of the game mode at all in the first place, but I did enjoy Betcoin.ag's slots back when I was more actively gambling. The site's reputation isn't the greatest, but the site's changed management a few months ago after a big scandal a long time ago AFAIK and things are much better now.
772  Economy / Gambling discussion / Re: Unforgettable Gambling Stories... on: July 25, 2019, 03:55:25 PM
I deposited around $60 into a CS:GO skin-based crash casino site and came out with around $800 in winnings, though I only cashed out around $200 if my winnings and I managed to squander the rest of the money over the next few weeks that I played on the same site. I've had several other wins smaller than this on various crash sites, but nothing quite like it. I also don't gamble with CS:GO skins very often anymore.
773  Economy / Trading Discussion / Re: Suggest me to invest in Bitcoin Online Trading on: July 25, 2019, 03:44:50 PM
If you lost $100, I would highly suggest not investing $1000 until you understand why you lost the money by analyzing the trade(s) that led up to your losses and the actions you took that led to the trade. Putting more money into something you haven't mastered well is just a recipe for disaster, and as for something you could potentially improve on, that's cutting your losses early and letting your winning trades run.
774  Economy / Trading Discussion / Re: Best information I ever received for trading. on: July 25, 2019, 03:41:45 PM
I've actually read that book before in the past as I've seen multiple traders I follow recommend it, and I can also say with confidence it's a great read and you should definitely check it out if you haven't already. As for the topics discussed in that book and many other books and resources involving fundamentals of trading, they'll help you out greatly to understand not only concepts in trading and why things happen the way they do in markets but also people in general as well.
775  Economy / Trading Discussion / Re: What is the most important lesson you have learned in trading. on: July 25, 2019, 04:54:16 AM
Most important thing is be patient. If you aren't comfortable with market conditions at any point in time, just wait it out. You aren't forced to trade all the time, and you can certainly wait till a favorable setup appears to enter a trade, however long that takes.

Don't take too much advice from others or signals for that matter. I do look at the TA of other traders from time to time, but I mostly do my own TA nowadays. It's easy to just go and pay for signals, but there aren't any shortcuts in trading.
776  Economy / Trading Discussion / Re: Buy bitcoin with credit card on: July 25, 2019, 04:44:20 AM
Most of the time KYC for buying BTC with a credit card isn't too bad, I recall Coinmama's verification requires that you upload a high-quality picture of a national ID and a selfie with the applicable ID and that gives you a limit ceiling of $15,000 once you pass KYC. Fees also aren't ideal when buying BTC or any crypto with a credit card, but the option is always there and there are plenty of sites allowing you to do so.
777  Other / Beginners & Help / Re: Some basic advice for newbies in crypto - Please read. on: July 25, 2019, 04:41:01 AM
Also good to note that though you should always use a hardware wallet (or multiple if you're holding larger amount of money), for smaller purchases and more frequent transactions you can send funds from your hardware wallet to a hot wallet such as a mobile wallet. You shouldn't be holding significant amounts of funds nor funds for extended amounts of time on whatever hot wallet you're using, but as long as you're abiding by these guidelines for a hot wallet you should be fine.
778  Economy / Exchanges / Re: Good news to crypto:Coinbase has passed 30million users this month on: July 24, 2019, 11:49:52 PM

I don't use coinbase because it's not supported in my country, I see comments from people complaining about them, but I believe they are no worse than exchanges like paxful, localbitcoin and cex.io... so whenever I see someone needing to buy bitcoin, I Ask if this person lives in any country where they have coinbase support so that person can buy bitcoin on coinbase. I don't know if those 30 million users are all active, but I think that's good news.

I don't use Coinbase even though it's available in my country because of the high fees associated with buying on their platform. I'd much rather just deposit money from my bank account to another exchange that has lower fees and where I can put up limit orders instead of market buying, such as GDAX (Coinbase Pro) or Gemini.

I'm glad the site's gaining users and likely accounts as well, but those using Coinbase do pay in the form of fees and I've directed some of my acquaintances interested in buying crypto towards other exchanges because of this.
779  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchanges that would list your coin for free or a very small fee? on: July 24, 2019, 11:39:19 PM
I would also suggest against listing a coin on extremely low-volume exchanges or potentially shady exchanges such as YoBit. In my experience, a lot of lower-volume exchanges have problems and those problems might not be fixed quickly for those trying to trade your coin, and same goes for potentially shady exchanges. If you have any questions about an exchange, try to look up if the exchange you want to list your coin on has a Bitcointalk thread and read a few pages of that if applicable. If you can't find that, look at reviews elsewhere.
780  Economy / Trading Discussion / Re: Where to start Crypto Trading? on: July 24, 2019, 08:13:29 PM
You can also trade on mobile and mostly exchanges also offer a mobile app or website version for smartphones, but you always should not e able withdrawal via api key, and yes is a risk because hackers can hack almost anything and they can make pump and dump via api.

Trading on a mobile website version of an exchange or a mobile app really isn't ideal in the end, though, because you can easily fat-finger a trade and potentially buy more or less than you actually want, which could cost you money. You should be trading on the main desktop site of an exchange whenever possible to avoid this.

Additionally, I have found in my experience of trading and learning how to trade that many videos are simply not as detailed or in-depth as a good trading article on a site like Medium or somewhere else. A lot of the best knowledge I've gained in relation to trading came from reading articles, though there are also good videos out there for mostly simpler ideas in trading.
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