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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Are IEO's bad? on: May 13, 2019, 01:00:06 PM
There is a new round of development of the industry,which came to replace the ISO,as of course it will manifest itself not who will say,but one thing for sure that perhaps soon he will be popular,but can then also witiw past,time flies very fast
IEO no doubt is a bad thing for those who had been making money by scamming people on ICO back then. IEO right now is a lifesaver and has been a sign of success in the crypto space. All the good projects are launched on exchanges by conducting IEO. The best exchange would no doubt achieve their hard cap within minutes like Binance does. Try to target the best IEOs on the best exchange.
2  Economy / Trading Discussion / Re: Here we are! lovers' of bullish trend. on: May 13, 2019, 12:37:23 PM
for those who hold btc, enjoy the rise, $7500 now https://www.coingecko.com/en/coins/bitcoin or maybe take some profits
for those entering, becareful, its gone up too fast too quickly

That is a contradiction,,, do you not think so;) If you hold BTC like me, then none of this movements are affecting hodlers. We have still the same targets and still the same mindsets. 7.5k is nice to see but 5k is equally nice to see.

Taking profits means automatically you are not a hodler. And if you enter now, same question to ask. Are you hodler or are you speculator?
Well you need to be clear about the time span you have planned. If you are trying to make pretty big money like the Winklevoss Twins made, you do not need to withdraw your coins for low profit. But again, for that you need to have big capital. This could be instrumental in making you the nest millionaire of maybe multimillionaire if you plan to HODL big for long.
3  Economy / Trading Discussion / Re: Do Not be Greedy on: May 13, 2019, 11:22:32 AM
It's hard to be not greedy when the digital market and some cryptocurrencies give an increase of 40-50% per month, but still it's a great advice to take profit and feel the money in life, not only to look at these figures)
If you have coins in large amount you can surely sell few of them in order to get profit if you are really in profit. If your coins are few then you should wait because the price can cross the 10k dollar figure anytime soon. So, the advice for your is wait for few more days due to high possibility of further price increase and you can to collect the 2x profit so better all the traders should not get greedy to sell early.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any particular time to invest in crypto coins? on: May 13, 2019, 10:08:58 AM
It's obvious that there is no particular time to invest in crypto. Many said BTC price was up at 4k$, at 5k$ some said it will retrace back to 3k$, now many are saying it will get to 10k$ because of constant uptrend. In essence, anytime you want to invest, make up your mind and invest in good coins, for now I thinks its time to load up your best altcoin picks and get ready for the green days.  Also note that any investment involves taking risk, so it's personal decision.
I think you need to have reasons to believe that Bitcoin will rise and that your investment will stay secure. Well to be honest, there should be no doubt in the fact that Bitcoin will keep on rising as the circle expands. The growing prices attract more and more people to speculate and make easy money. It is widely used as a medium of exchange and keeping these things in mind, one should not really HODL Bitcoin for money making but for other activities as well and it could be cashed when there is a rise.
5  Economy / Trading Discussion / Re: What do you think should I buy for 1 year? on: May 13, 2019, 09:35:15 AM
investing in bitcoin can be an option, but volatile prices do not guarantee when you return your investment is profitable or loss, because you will not focus on monitoring your assets while training the army. but you don't need to be afraid of the price of bitcoin, there will be a time when BTC is stable again at high prices
That could rather be a very good option for long term profits and in fact great profits because if you do not, you have options to invest in maybe ETH or BinanceCoin which I think are good but not as profitable as Bitcoin could be for some good term of investment. The market is very bullish and you badly need to consider Bitcoin as an asset to invest in.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Long-term plan for investment. on: May 13, 2019, 08:29:14 AM
Hy all. How are you.Do you have a long-term plan for cryptocurrency investment? What are your plans, Is it only to gain profits in the future? Or you have hope and other dreams. Thank you very much.
thanking to hold some Bitcoins for my future because I definitely try to invest that much amount for my future so if I hold little bit kinds today it will grow like a huge amount for the future.
Long-term investment in coins with long term trusted store of value of at least 20% will payback with good profit. Other short term gains are not much as compared to long term and you even cannot compare both due to the huge profit gap. Bitcoin holders are now in profit after this market boost and perhaps they choose to hold it more for they might be expecting and collecting huge profit.
7  Economy / Trading Discussion / Re: Everyone loses money when the market is down right? on: May 13, 2019, 07:58:21 AM
I don't think that every people loses their money. because expert traders most of time earn their profit. but when market goes down people like us who have no such a good idea about trading most of time we lose. for us trading is just a earning source but for them it's much more that.
In down market the price movement exists too that become the reason traders also make profit here but it seems tough as compared slightly high prices. In the down market of Bitcoin the price when turned from 5800 US dollars to 6677 US dollars traders are activated by such price increase. Now they are in profit and want to hold it for next price rocketing boosts so as you make some more money.
8  Economy / Trading Discussion / Re: Tips to actually start earning from Trading & END LOSES on: May 13, 2019, 07:25:23 AM
:)I have seen people lurking around here and there finding someone who can guarantee them great success in trading and help them earn huge profits. Trust me there is no one who is going to help you out personally to earn profits. All the fake gurus out there betting to make you earn are only there to fetch some dollars from you. It is quite a known fact that only 3% of traders are actually able to take money out of the market while 7% remain almost at breakeven. While 90% lose most of their money most of which burn their whole balance.

Trading is the most rewarding career as far as I can see therefore is equally difficult too. You can't be a persistant trader in a day or two. It requires efforts of months or even years to become a great trader but here are a few things you should do as a newbie starting off:

1: Have a goal for yourself and a plan to achieve it. you can set your own goals but make sure they are realistic. Like goal to earn $1 Million is realistic but making it in a day or week or even a month is unrealistic.

2:  Read Books and journals of big traders A very important step in trading. Its better to learn off from the mistakes of past trader than to commit them on your own. For that read some books. Here is the list of great books for newbie traders.
  i. Market Wizards by Jack D. Schwager
  ii. 3. Day Trading For Dummies by Ann C Logue
  iii. Mastering The Trade by John Carter
  iv. Technical Analysis of the Financial Markets by John J. Murphy
  these will help you in finding your trading Style

3: Make your own trading setup and strategy & follow Risk Management: This is the hardest step hit and trial your favourite indicators to find a setup that suits you the most. Don't ever copy someone's else setup whole on whole it's never going to help as everyone has a separate style of trading. Never ever underestimate the need of risk management it is of utmost importance.

4.  Make your own Trade Journal: This is the most important step which most of the traders find bouring. See it's utter truth that you will lose a few initial trades but to make sure that you learn from these losses make a trade diary. Record every trade including the reason you traded it and result along with the reasons of failure. This will help you not to repeat the same mistake in future.

5. Do trading regularly in a disciplined way: No one has ever built up a monument in a day. So it takes time to build a great portfolio but just a few days to destruct one. So keep your risks low and trade everyday here is something that can motivate you. With an account of just $100 if you profit everyday at a yield of 2%(which is pretty low in these volatile markets) you will have a portfolio of $3500 in 6 months. That is 35 times return and compounding just never ends so try to keep your daily targets and try to achieve them too.

Here are links of some great sites that can help:
1. https://www.tradingview.com/chart/GBPUSD/B3HvNCh4-Power-of-100-trading-plans-review/
2. www.zerodha.com/varsity
3. https://www.tradingview.com/chart/BTCUSDT/kestHGNN-This-is-Why-Beginner-Traders-Lose-Their-Capital-1-No-Strategy/
4. https://www.babypips.com/learn/forex/

Here is a graphic which truly depicts trading



PS: You may share your love with merit.
I will bring more tips for intermediate traders soon.
Trading is really easy once you can study the crypto market very well to know when it's time to buy in or when it's time to take some profit, though you might not be able to know this until you can contact a professional trader to teach you how it works, this is where some persons fail because they don't want to waste their money paying some persons to teach them how to trade crypto, but they can fund their balance with crypto and end up losing all of it because they don't really know how to study the market very well.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: [pre-ANN] Traxalt out for sale on: May 13, 2019, 06:12:16 AM
Traxalt is a digital currency (TXT) and blockchain protocol that creates massive scale payment processing, data hashing, information collecting, & reporting API. It has established strategic alliances in order to position itself in a privileged starting point. It is currently on a beta testing phase, pre-sale will begin the first days of June.

The first sale phase will only be available at www.bitfoliex.com, make sure you have an account there with Bitcoin as the only payment accepted for this phase will be Bitcoin.

Traxalt is not public yet, therefore it has no charts on CoinMarketCap. However, it it did it would stay in the top 20 currencies according to the volume handled and on May 2nd it would have been number 2.

Hmm, and why do you think we are going to believe a newbie that just come to our platform telling us that he has a coin that will be part of the top 20 coins on coinmarketcap, I think you will need need to come up with something better because saying that has already disqualified the project, how can a project that will be part of the 20 coins on coinmarketcap be barely seen, I don't know about this project until now.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: What would be the perfect cryptocurrency in your opinion? on: May 13, 2019, 05:30:12 AM
If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?
For now I don't think there is any perfect cryptocurrency in the market, and I don't think their will be any for some few years until existing project begin to focus on perfection and not just creating a platform that could be used, one of the problem of many Blockchain project being built is that they don't always build a user friendly platform, which is very bad for adoption, people love a platform where everything is easy for them to understand without the need to follow any guide.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Long-term plan for investment. on: May 11, 2019, 10:23:10 AM
Hy all. How are you.Do you have a long-term plan for cryptocurrency investment? What are your plans, Is it only to gain profits in the future? Or you have hope and other dreams. Thank you very much.
Yes of course, I have been holding coins for a very long while now and I will still be holding even much more because I believe in Crypto than the current financial system, not because expert said that Crypto is going to be the big thing, but because I made my research myself and discovered that Crypto is really the big thing every needs, this is why I keep holding bitcoin and also keep buying more coin weekly to add to my portfolio.
12  Economy / Trading Discussion / Re: If you have to buy cryptocurrency for 10.000USD today.... on: May 11, 2019, 09:09:24 AM
.... which one you would like to choose if u only have the choice between BTC and IOTA?
I never think about another coin while BTC is option. BTC has first ever decentralized cryptocurrency and after that, all the coins came in the market. And because of this thing, BTC has a massive effect on other coins and it will be manipulated to other coins. If the price of BTC has started gaining then the market will appear green and when BTC started losing its price that time all the market become red. So things kind of massive effect has BTC on other coins.

So always choose BTC over any coin. It has high potential in its growth. If you make your mind right now to making an investment in it then you will definitely make a huge amount of profit in the upcoming period of time.
13  Economy / Exchanges / Re: Binance Has Been Hacked - Lost 7,074 BTC on: May 11, 2019, 07:50:01 AM
It is said that attack happened from phishing and viruses to obtain a large number of 2FA codes and API keys
Whatever the reason may be for the hack, it has actually sent fear down the spines of the users of crypto. They now know that their wallets are not secure despite 2FA and having the wallet on the best exchange out there. But the market is not affected at all and is the same. The exchange will cover all the losses but I think it will work a lot on its security to make sure things like these never happen again.
14  Economy / Gambling discussion / Re: What do you think about the gambling site's having a promotion? on: May 11, 2019, 07:20:03 AM
How come a promotion is a scam?
Promotion is just a marketing strategy to most businesses including the gambling casino, their main target is to attract lots of customers to play on their casino. The offer may seem to be smaller to you but for the other gamblers, it is enough already, at least they got some bonuses with that promotion. It is up to us too to find whether we like to play on that casino or not since nobody is forcing you to play on that site.
He didn't said all promotions are scam. It's possible that some promotions could become a scam because sometimes casinos hide the terms and conditions of the promotion and could suddenly add an extra rule once a player starts winning too much than expected. I agree that we're not forced join a promotion but it's hard to avoid  when it seems like free money.
Most of the time promotions won't be getting termed to be scams, in promotional marketing scams were commonly experienced with bounties. As every process is associated with internet even legit way of promotion go as a scam. Recently one happened with icoforums.net, which was growing good with better way of promotion and served the participants good. In the mean manager took away the funds and ran away.
It is quite common with other ICO projects as well as the developer acts as the authority and could be a scammer. As described by you, the manager is also a scammer so better we should go for projects which have both good promotions and famous for its legit functions. Gambling sites have also promotions and should do it because promotion is one of the four Ps of a successful business that should not be ignored.
We badly need some bad and weak projects to scam these scammers out there lol. This is what they deserve. But you just cannot deny the fact that advertisement has been one and only instrument that has been instrumental in attracting costumers. Think about Apple spending millions of dollars to advertise their phones. But a good project does not need advertisement which brings us to the conclusion that we need to be wise to differentiate between a scam and a genuine project.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO is not that bad as stated on: May 11, 2019, 06:45:56 AM
Exactly, I don't any tangible reason why anyone will IEO  a scam when you are not force to invest in it. Any investors need to know that this is crypto space and any investment might not bring the expected return and this is not enough reason for one to call it a scam.
Having no mood of investment in IEO is a completely another thing. What wee need to focus on right now are the risks and flaws that had been part of ICO, and IEO have covered them and has actually made the fundraising mechanism a success again. SO I see no reason why would some one call it a scam when even the tokens sold in IEO have to pass some tests.
16  Economy / Trading Discussion / Re: Gaining quick profits or keep holding? on: May 11, 2019, 06:13:54 AM
i like holding with good coins otherwise quick profit is also not bad if you are not sure about project. Cheesy
In other words, we must always be ready for both because we must be able to follow market conditions. When the coins that we hold lack the potential for a good increase in the long run, we can take the second option, namely short term.

I have been traumatized by this type of token which says it will experience a price increase in the long run. All the tokens that were held began to become worthless and make new garbage in my wallet.
There are so many people out there who have been traumatized by the dubious and fake projects that during the time of investment promise big rise and gains in future. I think it is high time to limit your investment only to the projects that would truly grow in future. The scams and fake projects will not get any funds and would perish super quickly.
17  Economy / Exchanges / Re: What people prefer Now- A Centralized or Decentralized Exchange on: May 11, 2019, 05:51:36 AM
Decentralized exchange is good in terms of security but they do lack the liquidity and technology like their centralized exchange countrparts. Without enough liquidity in an exchange the exchange would not be able to.meet the financial needs of its users well..i still prefer centralized exchange than the decentralized ones

I am not a tech person and I find the learning curve in decentralized exchanges to be a little far for me compared to centralized exchanges like Bittrex, Binance or Kucoin where I am more comfortable using them. I find centralized to be more user-friendly. Now, I am aware of the many advantages of decentralized exchanges also but as of now...I still prefer the usual centralized ones despite the recent many hacks they encountered.
Both the exchanges have their own advantages and disadvantages but yes, the centralized exchanges are mostly preferred by crypto users. Not all the exchanges but few good exchanges, these are selective due to many reasons. Even the top leading exchanges have security issues so how can top 10 exchanges are safe. Binance being the number one exchange recently got suffered by hacking issue but the exchange will now improve its security much more under the pressure of such problems.
18  Economy / Trading Discussion / Re: Which unique factor makes crypto exchange a reliable choice to start trading? on: May 10, 2019, 12:15:02 PM
What is the key reason for the success of top cryptocurrency trading exchanges like Binance, Coinbase, Coinmama, Kraken, and Bitrex? What are the unique factor which make them each other competitors?
If we similarly start comparing, there would be a tons of advantages behind why peoples choose decentralized trading over centralized trading. Peoples find their profits in here by investing in some highly active coin to make their profits turn the graphs in front of their eyes. Also investing into something which has high volatility then the centralized currency makes the decentralized currency more popular to trade into.

Also there are a thousands of coins which gives us plenty of options to invest our funds proportionally in various coins to make higher profits. The trading volume matter according to me and these exchanges may perhaps be in competition because of the trading volume.
19  Economy / Gambling discussion / Re: Would you play at a casino where payments are delayed for days? Why? on: May 10, 2019, 11:38:10 AM
The reason why people still playing on a gambling site that doesn't support instant withdrawal yet can be because they are loyal. Sometimes loyalty is non-sense but that's true, another reason could be because they don't know yet about instant withdrawal or not interested with gambling site that provides instant withdrawal but not able to play with fiat. Who knows?
There is no loyalty with money mate. No one would be loyal to anyone to a site that delays payment irrespective of how good the site might be. After all there are no games the site would have to offer that canít be seen in other sites. I was playing on a site that delays payment before now, didnít see anything wrong with it because that was where I started gambling and I wasnít even aware that it is possible to get payment within hours, not until my friends told me about their experience.

I stopped gambling on that site that day. So it is very possible that those people who still play on sites that delay payment are not aware that there is possibility of receiving money instantly without delays.
It is not in the interest of any gambler to gamble on sites with low and bad service and those who understand the difference between good and bad services prefer to stay away from such websites like you did. With crypto a medium of exchange, the transactions should not take anything longer than few minutes or must be instant. There are people who complain about gambling sites blocking their access to chat or different options upon a withdrawal request.
20  Economy / Speculation / Re: Will transaction fees get in the way of the bull run? on: May 10, 2019, 11:06:02 AM
We all saw the crazy $50 tx fees in December 2017. It's only gonna get way worse this next bull run since it seems nothing will be done anytime soon to address block congestion.

Do you think the bull run, or at least bitcoin's role in it, will get cut short significantly by absurd transaction fees in the next couple of years?

I could definitely see transaction fees going into the hundreds of dollars when the price really starts getting crazy, which I think would pretty quickly stop bitcoins bull run in its tracks. This is the only thing I'm worried about for the bull run over the next couple of years. Everything else looks positive except that nothing was done to address tx capacity during the down market.
Well, transaction fees might become a problem at some point, but I think since lightning network has been implemented already in the bitcoin network, then what will just happen is that the increase in transaction fees is going to bring massive adoption of lightning network by projects, especially those who offer small services like payment for pizza and coffee in which people who make the purchase of this things will not want to spend so much money in transaction fees than what they spend in making purchase of coffee.
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