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I mainly listen to those who knows what he/she is talking about. If theme is about cryptocurrencies i follow my trading plan and proven strategy. Trading decisions is tough for non professional traders. I dont accept the advice of guys who call themselves as "guru".
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Let's simplify the meaning of thread: Smart money vs Dumb money. Smart money aka investor's money flow follows the rules based on experience of economical situations. Average Joe's money aka dumb money is legally robbed by big whales who promises same lifestyle of themselves  |
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For me i dont care about banks and governments accepting cryptocurrency
because i will keep crypto seperate, i wont get involved with anything they
provide in relation to crypto. Bitcoin was created so that we could operate
financially to a degree without the aid of a bank.
If you personally dont care about regulations of governments you simply prefer to ignore the power of media,technology which depends on governments. Crypto community should justify the merging rules that explains advantages of crypto than current financial system. It is not something that happens overnight. Keeping balance on zero is key. |
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I am sure that bitcoin will not disappear, but because of fear of loss that makes people panic in this condition. I think we need a vacation for now.
At least i am confident now cryptocurrencies are here to stay  I always advice to other traders to shut down pc and go for walking if you cant handle what happens in market. Panic selling is way of showing your emotion in case of big losses on open positions. I know the feeling of margin call before positions get stopped out by some unkown expert advisor or api. |
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Hello, I am newbie in trading. I start trading for make some profit
Would it be possible to make 10% of your capital every day?
This would be 300% in a month, this is a lot.
It really comes to your capital:
If I invest 200$ and 10% of 200 would be come 20$ daily and one month come 600$
...
If I trying hard daily profit 10% huge profit come in one month
You're just a newbie and do you think to achieve 10% daily profit in the exchange platform will going to be easy for you as a novice here. I don't think you can make it. Those thoughts you have in your mind is not bad and it is a good things if this will be happen as well, but we are talking about reality in the market as being a traders. I am totally agree with your opinion regarding to achieve fixed profit for given short time. Let's take example from new started businesses which aim for 10% or break even for first year. They care about their business model with realitistic calculations. It sounds like joke for whom novice trader looks for 10% profit per month before blowing 5-10 real money accounts. Come on, guys. Real financial targets are far away than what you can imagine. 10000 hours of chart experience is first level for entering to professional trading journey. Keep failing... |
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What is considered to be the best 'bear market' approach as a newbie - Price Action or Fundamental trading?
Depends on trading style. As a short term trader you need to consider real market balance for small timeframes. Fundamental analyse is not suitable for this type of "hit-run" trading which requires to react instantly on every single movement. Short term traders are looking for best setups on charts which can boost in 5 min-2 hour. In bear market short selling every pullback is good known common active trading strategy. Newbies should trade on demo accounts before jumping in train |
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Hard to believe in real decentralization as for example IDEX (decentralized) introduced KYC for its users, is it possible?
Real decentralization is not dream for finance social circles like crypto community. Requiring to pass KYC is not the way to build customer satisfaction especially in this kind of business models. Decentralization will replace whole exchanges in 10 years imho. |
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How about XRP - Ripple guy's ?
Do you know when Ripple going up ? Because I can got some hundred's XRP and I don't know what I do not know what to do.
I will advice you not to buy coins like Ripple, NEO, EOS and others centralized coins which can be find on capital market but you can go for BTC and decentralized altcoin which seems to be doing well in the market during and after the market correction because the crypto market has changed alot and some coins wont have the utility to make in the market once the bull run started. i already have got BTC , i looking for new coin which i can hold in few years. Long term perspective is not enough in this business and newbies are not always tend to be successful. Holding btc is low risky if we analyze the roi on this financial asset. New tokens are dangerous to blindly invest in. I mainly prefer to sell on exchange after listing for bought tokens on ICO. |
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Keep everything in one altcoin? this of course is nonsense because the consequences can be disastrous. Distribute your portfolio to at least 4 altcoins.
why not since it's (eth) a very strong project and there are a lot reasons it's gonna be ath again. Let's be honest about predictions. Eth will surpass ath levels in 2 years with higher level of optimism and stable growth.It is nonsense to talk about it now. If you consider the piece of whole marketcap then why you dont check other alternative coins... |
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Dear bounty manager, is it still possible to join for signature campaign?
Thanks for your support!
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It all depends on the situation we face. For me, we have to manage the strategy as well as possible.
The Daily Trade and long time trade must have their weaknesses and strengths.
All decisions depend on us, we will determine what we will do and what we do will certainly produce different things.
Agree , it depends on the person if what is his goals in life . if a person is lucky go lucky or willing to take all risk then he probably go for shorg term . while a person that has a big dream in life will always aim for a long term process . Me myself is not a trader or an investor but i have a big plans for my future however i didnt ever tried to hold up my coins for a longer time due to the fact that i always need money for important spendings . so my situation is slightly different from the one that is mentioned above . Investing and trading are two different things. Short term trading is specially risky if trader doesnt know what he/she is doing. Investing is like playing "house of cards" but trading is name of speculation |
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Please let me know so that I could also made some adjustments.
It still continue to fall. What should we do now? Do you have any plans for bitcoin investment now?
First, don't panic. If you do price tracking you are panicking. Leave the track. Stay away from the charts for a while. It is very dangerous to stay indecisive in the market. Buy or sell, no matter what your decision, you must be patient. Don't worry about Bitcoin anyway. I think we've had the last losses. We'll win again like before. just forget it for a moment... come back when the news of bull come back. till then just leave it. This is not something psychological issue. If markets are down noone can be able to recover with executing possible chain orders. Let's sit tight and hope for good things will happen. |
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Once in a while, a great opportunity comes along to acquire more BTC. They don't last long. We are in that moment now, with prices nearly 75% off the peak.
Yet another dickhead flapping his stupid mouth acting like knows something about markets  If it's such a buyers' market, why overall market cap keep going down? And more importantly, who's got the money to invest more into crypto? Let me know how much you invested today, LOL. Everyone of yoy dumb fucktards are sitting in deep red holding coins now worth nothing. When markets were crashing in Jan/Feb, you dickwads sat on your stupid asses chanting HODL, as if it's some kind of golden market rule. Investment and making money off of investment is all about being able to read and beat the markets. All of your coins are now sitting way below the price points where each one of morons bought them, this is not investment, this is financial suicides You all dumb fucktards first go and educate yourself in Economics 101 I love this angry post. Keep 'em coming. But why are you still here?
Go somewhere else.Why, do you own this place? Nope!! Am having fun seeing all those idiots who until just a few months back were acting like investment experts now totally burned out but still trying to keep the fascade while desperately begging others to go and buy more coins, like this world really lift the markets LOL Some people will cry again in a few months when the price goes up again <we have seen this before>, so the hodlers might cry now, but they will have the last laugh. I laughed at $19 000, because I took 50% profit when it was on the ATH and I will laugh again when we blast past that. Making more than 800% profit in 2017, was just the cherry on the cake and a huge reward for hoarding coins when other people panicked. Some butthurt people also panicked and lost out on the reward, so now they turn to the forum to encourage other people to do the same. <Take a guess who that might be> Even better, someone who came in at $19 000 < Date Registered: December 25, 2017 > and bought a bunch of coins at the ATH price and now are angry because the price dropped to $4000+ and he/she made zero profits. Here comes yet another legendary dickwad showing off his ignorance proudly LOL. Investment is not about holding on like a dumbsquack. If can’t beat the markets, you ain’t nothing. Going by registration date? Now that’s a stroke of genius! I made money in the red hot stock bubble of late 90s back when you were nothing but just a few strands of sperm in your father’s nutsack, and I walked out of that bubble before it went bust in early 2000s. Likewise I made 6 figure profit in crypto when I cashed out most of my major holdings in early Feb cuz I knew exactly what was about to hit the purely speculation driven bubble. This is something pseudo dumb experts like you can never realize 😂 So much hate in single post.. In short: First you should take your opponent seriously then we can talk about other things. |
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I believe that BTC price will set a bottom before a relatively strong rebound (but still does not exceed 13k8) and start the downward fluctuation until it has accumulated enough, then the uptrend will start again. (Histogram MACD candlestick will plunge, then get back to 0 and plunge to negative value again. When it gets back to 0, the price will increase most dramatically). It is highly recommended that you stay calm and invest a reasonable amount of capital.
I dont like to nail the price movements before it happens  At the end of April i expect 13k$ price for bitcoin and 490$ for ethereum. Keep adding valuable coins to your portfolio while you can purchase them for cheaper price. Speculation is root of all evil if you cant make profit during this bear market |
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Almost more than 45% of whole marketcap is depend on bitcoin,this makes things hard for alternative coins. But bitcoin cant replace current fiat system because there are better ones that have potential to surpass it.Only time will tell the correct answer,speculating around it is meaningless.
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Before jumping to trade the cryptocurrencies try to get a new skills about investing,trading,financial markets. Trading is tough profession but there is some shortcuts of skilled guys. Trading on demo accounts is best way to learn the basics and later start with your own capital.
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Visa already blocked all crypto related cards on my country. Mastercard works well but there are delays on payment system. If you cant beat it join before losing the game. Visa should do something about it before it is too late.
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I dont advice to listen to that famous guys. They always buy before cheap before making that announcements and you will not have a chance to make a profit because he will sell back to you |
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Depending on the case the answer can be different for all that mentioned coins. Ripple has more potential to reach 5 usd but ethereum loses the competition after a fastest transaction speed of XRP.
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Sounds well. Ethereum already hit 5 month low level. If 300$ support level breaks it will go further and will hit 240$ level. I hope it will recover from this levels. Betting with ethereum is good idea but always diversify 30% of portfolio while holding 70% on eth.
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