Well, reading books and informative articles will definitely help you, but if you want to master it then you have to do real trading, only then you can be successful in trading and be a professional trader.
Knowledge is power and being first can give tremendous advantages to smart trader. Speculation of financial assets requires ability,knowledge,analysis skills,experience and more. Mentors can teach their lifestyle to new traders but everything is depend on passion of trader including to be successful. |
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At least we saw good news! Mass adoption will give more power to this industry and big states like Japan are acting more different than others. Major steps will lead to success and one day future will give the rights that cryptocurrencies deserve. |
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I am not a big fan of centralized stable coins like USDT. It is backed by $ but the real problem is how to control it, and audit it all the time. Some doubt will always be present. I have more faith in decentralized solutions like DAI has.
I personally don't understand why people decided not to give Tether the credit which it is due, there is no Sable coin in the space now that is well capitalized as Tether. I am not saying they have all their tokens backed by USD but they have huge Fiat reserve to backed up their claims. DAI have a good designed but will not scale to a Billion Dollar project IMO because of so many limitations If i remember right there are rumors about manipulating USDT by bitfinex management who behind this stable coin idea. TrueUsd should have backup and it will be more safe to prefer TrueUsd than USDT. |
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I manage risk by dividing every profit and loss. I will sort both of them. I will maximize profits and minimize losses. My selling factor is when the price goes up I will sell it half and hold a portion.
Managing risks are jog of trader who calls himself as professional in this industry. There are some tricks surely but these methods do not do job under some conditions. Trailing profit is one of these tricks and fake moves by market can mislead whole idea. |
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Currently, the fall in prices for tokens of projects after listing is a completely natural process, which we cannot avoid. This is normal because now the current market situation and the price of Bitcoin dictates precisely this state of affairs. If the project is good then this price drop will not last too long.
Sell pressure is main reason why dump happens immediately after listing new token or coin on exchanges. Price increase doesn't happen unless something catastrophic event happens. Price of Bitcoin and Ethereum also affects badly due to downtrend on whole market. |
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To ICOs fail reason not only few but 80% major reason is low invest. Now some are same types, some are fake and others project quality not good.
Mentioned arguments are not reasons so i consider these words as conclusion why we reached to this point. Fake teams, lack of information, no working product are the weakest points of many ICOs. Investor confidence is in its lowest point since 2017 imho. |
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My user ID: 5176. When can we start investing?  You already can  https://freebitcoins.com/games/rockets/investWe even allow you to test the investing with faucet amounts as well, so no deposits required! I hope this will bring additional entertainment to us.
We will have more games moving forward! I'm thinking Blackjack, then Monopoly that is PvP / fair by math (I really miss sharking around on that one site that had monopoly, but they never did it "right"), and possibly Bitcoin dice somewhere in the middle... just cause.  Slowly but surely. Adding Blackjack and french roulette will be awesome and please don't set high limits like other gambling sites. I confirm the simplicity of UI but you need to let users for choosing more themes imo. My suggestion will be about adding more coins(ETH) for swap,there are only 3 listed altcoin DGB,DOGE,XMR. Good luck |
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Well i think for the Marketcap who will pass the Bitcoin, it could be XRP. Why not ETH because the movement about marketcap ETH was really slowly. Sometimes XRP can beat the position 2 of ETH.
Currently marketcap of XRP is bigger than ETH's marketcap. I can't imagine the possibility of beating bitcoin with any alternative coin. XRP is centralized but i accept the fact that big banks should start from some point no matter which crypto they prefer. |
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forget about these coins already. it was your huge mistake and it cost you a lot of money
Fighting against team with proofs can help in order to get what you deserve but this method always doesn't work. Depending on the situation i mainly blame bounty manager because of incomplete analysis before accepting offer by team. |
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Anytime is the best time to buy knowing that coins are now in lowest point. JUST remember to buy coins only with the amount you are willing to lose, the price us unpredictable. It has high risk, but higher risk means greater return. So buy now as you want, just choose to store it in a wallet that gives you full control never store it in a wallet that needs third trusted party.
Hardware wallets are best for storing invested cryptocurrencies imo. Odds will be in your favour if you already calculated possible risks in this industry. Higher risks can be decreased with leverage which effectively increases of stop out chance in leveraged trading positions. |
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I have 5k and i want to invest in Ethereum. But i read that Ethereum 2.0 will come soon.
Would you invest the 5k tomorrow in Ethereum or wait for Ethereum 2.0?
Buy the rumor and sell the fact. After Ethereum 2.0 price discovery will validate old news and you will be late for investing further. In this case buying now will give a more advantage to investor who know what he is doing. |
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Explaining blockchain with simple words helps to understand. I usually talk about advantages of blockchain compared to traditional system so op will understand what i am talking about. I apply the kiss rule when non-tech person can't get my point: Keep it simple stupid.
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My friend just quote this one. I think he is right
Day trading is like having sex.
''Get in and out as much and as fast as possible to get satisfied maximally.''
I think this exactly explains day trading. I am a day trader myself. I rather get in and out of the market 50-100 times a day and take small profits with smaller amounts of my balance than trying to chase a couple percent in 1 trade.
Haha. Funny explanation Joining to trend will give better results rather than cutting small gains on intraday positions. Day trading will continue if you already mastered yourself and can control emotions. Don't forget KISS rule in day trading: Keep it simple stupid. Now i understand why day traders like to jump from one position to another. Also losing balance in day trading is not same as losing virginity in real life. Virginity(balance) lost, satisfaction(experience) gained  |
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The ETH faces its challenging market since 2018. Now, the price of ETH is still not sure, it doesn't reach $200. Well, actually I really feel sad of the progress of ETH o the market. This is a very promising and trusted coin. However, it has very drastic drop likely down to the earth. Just have a very big hope that ETH can reach its own price in about $400 at least
ETH deserves more than 400$ but i also blame current market conditions for this negative aura. Increase in price with increasing volumes will help this developing coin to achieve more higher results along with desirable version of chain. |
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As of this moment its time to sell some of my altcoins at least my 10% of my coins because I can be gaining profit on it.For long long time to be patience to hold its our time to recover.
The most important thing is that the target of what you want from the investment has been achieved so that you feel satisfied with your investment That's why having trading plan is important. I prefer the traders who has 30 profitable trades over 100 rather than trader who has 70 profitable positions made with scalping on short time frames.Holding token of ICO is for those who know people behind team,has idea about milestones on whitepaper and more. |
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When it comes to picking your altcoins, do you take into consideration coin supply? And if so, do you prefer high or low supply coins?
I prefer to take into consideration total supply rather than price of specific coin. From economy lessons we know low supply means high prices and vice versa. Low supply with working product is more affordable investment for me in order to harvest profits for accepting facts straightly. |
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buy now good, still waiting also good. first look at market conditions, if it shows the movement will go up, it's better to buy. buy little by little, and share capital in several altcoins to reduce losses and increase profits.
I prefer to trade between altcoins and converting my profit to bitcoin. Buying now and waiting for reversal on main trend sounds similar like holding till getting profit. Who knows,time will show.. |
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That's very true, there is no real predictor of the price of crypto currencies. We only analyze how crypto grows. Because the crypto currency is very unique and very difficult to predict.
There is no chance for trader using his own voice and be profitable. Probability of events is depend on various factors and every trader should stick to rules that stated by professional trading books. |
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I can make discounts if someone wants to buy all available tokens for sale. Please don't hesitate to contact with me for offers.
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you need to analyze everything very carefully before you buy or sell something. believe it is extremely important to do in the cryptocurrency market
Trading requires skillset, ability to criticize, knowledge and more. Believing you'll succeed will always be half the battle in trading. Some rules never change with time.. |
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