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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Loaded on XRP at $0.19. Time to cash in on: November 30, 2020, 03:17:09 PM
Hi..

Indian investor here.
Loaded on XRP for $0.19. Like bought $10,000 worth of XRP in my own account.

$60,000 worth of XRP @$0.24 average in the client's account that I manage (I own 30% of this).

I have started unloading this and booking profits! What is your target?
Also booking profits in BTC at $20,000.

What are your targets?
Congratulations on a successful investment year, this is a respectable achievement. But cash out too soon will be a waste as XRP still has the ability to go higher in the near future, my prediction will be $ 1 early in Q2 of 2021.
I am also a holder, but I am dividing my portfolio by coin tops like ETH, BTC, XRP and ADA. All of them have huge profits this Q4 but I invested with the amount of 1900 $. Either way I hold and will sell XRP at $ 0.8 in the coming months.
2  Economy / Exchanges / Re: Do you think these trading features can be useful? Sell-All, Bulk-Buy, Random... on: November 30, 2020, 02:24:31 PM
Hi guys, I found out a crypto exchange (limitlex.com) that says that it has some cool new features that can make trading/hodling easier and can save you some time.
I registered and I must say that these features are really cool and I am surprised that Binance doesn't have it. What are your thoughts about features, such as: Sell-All, Bulk-Buy, Random trading? They also have fiat pairs if anyone is looking for that.

Would love to discuss with you about this exchange to see if it is worth it to use it (I am now just testing it with smaller amount of crypto).
Binance exchange didn't offer this functionality because traders didn't need it. I have used this function at Exmarket exchange and it is no different from normal trading. For the convenience of buying / selling in large quantities, you just need to enter the maximum balance you have then choose the highest price and execute the order, then the system will automatically buy from low to high or sell from high to low. That's why it doesn't have anything special to me either. Grin
3  Economy / Trading Discussion / Re: what is your unforgettable experience in trading? on: November 30, 2020, 01:32:31 PM
I am just a beginner in trading, before it all started I was just reading here and trying to get some hint on how to trade. I also wanted to learn in trading so that even if I was just at home i am also earning, i thought it's easy to do but i'm wrong. I was happy when I increased my token due to trading (buy and sell) and I tried to increase it again and bought the order again, but my token was left in the buy order and the token's value suddenly went up. I panicked and suddenly even though the value was high I still tried to buy, because I thought I might lose if I left my buy order because it was vague to be reached again because it was too high. And the result was only 1/4 of my total token left to me .. I was very sad but I couldn't do anything but to move on, and learn from my experience. The saying is very true to me that you will only learn from your own experience and not from the others advice.
Your problem is that you are not experienced enough to handle your fomo mentality. I have had it once in my life and it cost me nearly $ 2,000 when I was always optimistic because the people in the Telegram community were always talking loud the moon soon. It was then that I realized it was a scam project and the price was quickly sold off.
Since that big loss of money I have held back my greed and since then I have traded better. Better yet, learn about Dow Theory, which will give you a better understanding of how any financial market works.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: We need more decentralized stablecoins on: November 29, 2020, 07:54:40 PM
I think we don't need too many decentralized stablecoins right now, we just need a lot of competing stablecoins to thrive.
Because developing a decentralized stablecoin is difficult, and getting users is another particularly difficult challenge. Therefore, the development of competition between decentralized stablecoins will help the reputation of businesses increase. All of them have to try to do the best they can to serve users to gain a higher market share and from there they will be profitable in the business. Do you think this is a better plan?
5  Alternate cryptocurrencies / Altcoin Discussion / Re: TRC20 Token Creation on: November 29, 2020, 07:41:07 PM
I have a question for quite some time about token creation across platforms. I heard that creating a token on ERC-20 or Tron is also very easy and the cost of the token generation service only costs 50 $!
I'm just a trader and don't understand too much about technology and IT. So I want to ask that only through this post can I create my own token without any fees? Undecided
* P/S: I have a long cherished trading pool project and I want to save as much money as possible before creating my project. I will greatly appreciate your detailed answer on this matter. Many thanks.
6  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Airdrops or "Scam-drops"? on: November 29, 2020, 07:33:00 PM
Airdrop is just a name, more importantly the purpose behind those airdrops. We should really call it the Airdrop since the purpose of the project is to develop their community's reputation, besides, it's all for self-interest so we can avoid it.
Making money is not easy, so before participating in any bounty or airdrop campaign, you should also analyze the project before participating. If we are lucky, we will receive a big airdrop like Energi and Railblock did.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Altcoins replace Bitcoin?!?!? on: November 29, 2020, 06:50:41 PM
Will the rise of altcoins eventually lead to the demise of Bitcoin? Ultimately Bitcoin has been tested and it has a place in the crypto world. Join our  discord https://discord.gg/pp7Jwsp9 for further discussions about this topic. Tell me what you think?
To me, there is no possibility that altcoins would be worth more than Bitcoin. In fact, altcoins are no different than technology businesses in other countries. Every business has a unique function, and what's worse for altcoins is that they have to thrive in a community with very few actual users. Therefore, they do not have the conditions to be able to surpass Bitcoin.
Bitcoin is like digital gold, so its value will only increase over the years, not decrease.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook Libra finally launching? on: November 28, 2020, 04:52:11 AM
https://cointelegraph.com/news/facebook-s-libra-to-reportedly-launch-in-january-2021-as-usd-stablecoin

"Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United States dollar-backed digital currency, the Financial Times reported on Nov. 27"
This is only a prediction and nothing is certain. This is just the announcement from 3 people involved in the development of Libra and there is no official information. In addition, a FINMA spokesperson declined to comment by Cointelegraph on the potential launch of Libra in January 2021, they are still in the process of resolving Libra's proceedings.
So we need to wait a few more weeks for official information. I think the information from FINMA will be more certain than the Cointelegraph.
9  Alternate cryptocurrencies / Speculation (Altcoins) / Re: These 2 Altcoins are beating every major cryptocurrency in week on: November 27, 2020, 06:05:34 PM
XRP has really surprised me over the past few days, its market cap has increased to tens of billions of dollars in 2 days Smiley
This price increase is attributed to the Spark airdrop event, which is a bargain for those holding XRP in bulk. So that's why a lot of people are all in on XRP and will hold it for the long term. Another reason could be that XRP's loyal fans are too crowded, they fomo on every Crypto community and that created the hype in such a short time.
Although the price of XRP has dropped to $ 0.53, the result is still up 68% in the last 7 days. With such positive signals, XRP will soon return to ATH next year.
10  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why Ethereum dropped 15% in only 1 hour on: November 27, 2020, 05:52:36 PM
Ethereum got hit by a massive flash crash today, dropping almost 15% in an hour. We caught the dump during the live stream and analyze the reasons leading to the dump.
Don't worry too much, there is no reason like delaying Ethereum 2.0 launch date or any technology error, it is just a correction when BTC and ETH both have had huge growth over the past few days.
You know, everything needs to be rebalanced, no asset class can ever grow forever. There are many big financial funds like Grayscale and MicroStrategy holding Bitcoin right now, which is a signal that the price of Bitcoin will outperform the price it is now. ETH will also moon soon, and investor staking demand is increasing as fiat money is under heavy inflation.
11  Economy / Economics / Re: Do you believe support and resistance still work in crypto? on: November 23, 2020, 08:02:20 PM
 Any level of support or resistance is valid in Crypto and other centralized financial markets. Support and resistance prices are made up of crowds, not just whales. The Crypto market is also considered a financial market, with professional traders and newbies identical to the markets out there. So have confidence in the signals in the Crypto market. Grin
In addition, there will also be relatively weak support or resistance prices, so the price can be easily manipulated at that time.
12  Economy / Economics / Re: Jobless for 10 years still doing great because Jobs market is a joke on: November 23, 2020, 07:20:34 PM

 Grin Grin Grin
YouTube, gamers, free lance, hackers

No need a #job and will never need one.

Employers, businessmen, government, banker, welfare, social leeches can btfo.

Itís the future, without a money system manipulated by a central banker FED, people can finally achieve freedom.
It must be said that this has to depend on each person's luck. Grin
Because if we are unemployed for 10 years, we will definitely have no money and everyone will look at us with scornful eyes. Anyway, I still see the jobs are very important, they help us to make money and do the things we love and does not necessarily bring us success.
At the same time, participating in the labor market is also a way for us to directly contribute to a more developed economy.
13  Economy / Economics / Re: Will Crypto live forever or die? on: November 22, 2020, 06:28:08 PM
Surely will continue to live, even live very well. When World War 3 happened, it did not mean that the whole world lost internet or electricity. So the Crypto market is still acting like other financial markets and the supply of Bitcoin will become increasingly rare, it is possible that the war will cause the price of Bitcoin to increase even more at that time.
Not to mention when war countries will cause political conflict and economic law enforcement will also be loosened, and it's certainly time for Bitcoin to show its usefulness.
14  Economy / Speculation / Re: Bitcoin 2017 - 2020. Better price not yet to come. Be careful on: November 22, 2020, 05:30:13 PM
With the current stats it does look like bitcoin will trade sweet at 20K in the coming days.

The 45 days window is perfect for it to achieve that much trading volume. With the holidays up-ahead many people do trade bitcoin for fun, for investments and part time stuff. This makes it more easier for bitcoin to go upwards and hold the ATH position.

From your graph itself we can make a match the current path is perfect one to reach 19-20k USD rates.  Smiley
Well, I think the crowd will keep pushing Bitcoin's price until it hits a big sell wall for those who bought a lot of Bitcoin at ATH of 2017 Smiley
I suspect that when Bitcoin's price reached its ATH peak it was sold off again. Then for sure, downtrend and Bitcoin will fall to $ 14k5 soon. Therefore, if there is a profit, please sell it, especially to sell a lot at about 19k $ to avoid being dumped by other holders first.
15  Economy / Trading Discussion / Re: who actually moves the price of bitcoin? on: November 22, 2020, 04:54:06 PM
Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?

Demand dude.. it's always has been the demand. Even the high companies that adopts and uses Bitcoin wouldn't give such pump impact if the demand would be lesser. Trading tends to depends on how much the liquidity is and what would be the demand. Once they are both huge, expect the market either going sideways or up above. Hence, it's not really "who" that moves the price, its "who are".

Meanwhile, whales do also have a huge effect in the price, but it will be much effective when it would be combined with proper marketing and social media articles to hype up the people, making the demand go more and more.
It's not really a need. As far as I know crowds are people who have a lot of money, but are very passive. Because they're all alone hunting and that won't make a big wave.
I think that the institutions that manipulate the crypto market are the main reason. KOLs, also known as whales, always post on their social media sites to shill or fud about Bitcoin according to their strategy. That makes the crowd skeptical about the price of Bitcoin, then whales just use an amount of about 1000-2000 BTC is enough for the crowd to sell off.
So Bitcoin sell-offs or pumps are all related to the psychological manipulation scheme of the crowd, not according to demand.
16  Economy / Trading Discussion / Re: who actually moves the price of bitcoin? on: November 21, 2020, 05:52:23 PM
Most bitcoin prices are tied to an average or a collection of what the top exchanges publish as the current bitcoin price. But who's actually moving their prices? From my understanding, retail users don't have the power to move prices in the short term. Whales supposedly are the ones who can make the price suddenly jump or drop...but they trade on OTC desks right? not on retail exchanges....so how are these Whale movements being reflected on retail exchanges to determine what the current bitcoin price is? Or are there actually some whales who use the exchanges to trade on?
Actually they are not doing much at OTC, They just move Bitcoin to Cex and start manipulating it.  The proof is that you can see before the market was sold off, At whales alert there were many big Bitcoin transactions being moved from private wallet to exchange.  Then the Whales drastically sell off and lag the exchanges, most commonly in Binance.
17  Economy / Exchanges / Re: HitBTC.com - Withdraw Disabled, is it scam ? on: November 21, 2020, 03:47:02 PM
still same error after 3 days.
Withdrawals are temporarily disabled on your account. Please contact us via this form.

as they said on ticket reply, i was using Proxy/ VPN and that was right. i use VPN normally when i enter wallet or exchange site for security.

part of ticket reply :
We kindly ask you to disable all tools masking your network activity (VPNs or proxies) when logging into your HitBTC account while your identity and the activity on your account are being verified.

I read now on their terms :
HitBTC reserves the right to close any of your HitBTC Accounts, to liquidate any open trade positions, and to force you to withdraw all the crypto assets from the Technology Platform in case if: (i) HitBTC determines that you are accessing the Services or the Technology Platform from any Restricted Jurisdiction, or (ii) you have given false representations as to your location of incorporation, establishment, citizenship or place of residence.

in this case, they should allow me to withdraw my money and then close my account.
i will agree to leave HitBTC forever, after they give me my money.

what you suggest in this case?
When they have scam intentions, they will definitely not spend a penny on those who have money stuck in Hitbtc.  But in this case, they still try to come up with a solution to the victims, which is also a good sign.
I just hope they continue to grow and not steal any of the coins from everyone here.  So the best way is to wait and do not do anything detrimental to Hitbtc's reputation.
18  Economy / Trading Discussion / Re: I have found a good Trading Course on: November 21, 2020, 02:22:57 PM
Current courses are often expensive but are uncertain about the learners' performance.  I personally feel about the current courses.
Why do not we learn about the market by ourselves, communicate with people about trading?  This is the most cost effective way I have ever done. Instead of taking these courses, I think you should diligently discuss trading at Forexfactory.com
This is a gathering place for many professional traders as well as having the highest quality members I have ever known.  They will often post a picture of the trade and then they will explain why Long or Short, ... I bet we'll have more knowledge than any other course in the world Smiley
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Difference between BTC/USDT and BTC/USD on: November 20, 2020, 06:51:13 PM
Hello,

Some brokers does not have BTC/USD, but they have BTC/USDT or BTC/USDC.

My question, is the any difference (in term of day trading profit) between BTC/USD and BTC/USDT?  Roll Eyes


Have a great weekend everybody.
USDT / USD pair is there and we can still make a profit by trading on this pair. You may notice the price of Bitcoin, every time Bitcoin increases, the price of USDT decreases, but when Bitcoin decreases, it is the opposite. So you can wait for the price of Bitcoin to rise, use USD to buy USDT, then wait for the price of Bitcoin to decrease, then sell. This trading strategy has a very low return but also very safe, we need a huge amount of capital to make a good enough profit.
20  Economy / Trading Discussion / Re: Every BTC trader should use it on: November 20, 2020, 02:14:04 PM
So cool bro! I have added websites to update information faster to make it easier to serve my Blockchain Community community.
But I think you should add Cointelegraph and Coindesk. It is also the most reputable and up-to-date news site. Anyway, thank you very much for providing essential information to the bitcointalk forum community. Kiss
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