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521  Economy / Trading Discussion / Re: How to take advantage BTC Pump and Dump in short period? on: October 31, 2019, 03:53:43 PM
I asked the same question at another forum and someone suggest to use Bot. The key question is what strategy to use even we use bot?
Using bot for trade is risky if you are new trader.I have no experience but read few article about it.Many people lost their money and many people make profit form it.But I don't want to take risks and love to trade manually.If you are interested to know more about bot trading maybe this article will be helpful.
Crypto trading Bots Guide
If Crypto bots don't work, why did anybody develop them? In my experience bots work if you set them up right. You basically pick a strategy and the bot automates the trade based on the strategy. That's why the most important thing is the strategy itself. also, they require significant tweaking or understanding how to trade. you can blindly follow settings that people have put together but its still better to understand what it is doing and have a strategy of what you want to do. the main benefit of having a bot is being able to execute a strategy 24/7. it gives you more control over your portfolio but still requires a profitable strategy.
522  Bitcoin / Bitcoin Discussion / Re: Happy birthday, Bitcoin! on: October 31, 2019, 12:46:53 PM
The progress of Bitcoin and blockchain technology, the birth of many new coins and financial independence, the revolution in payment systems, and secured storing of info, the journey that changed many lives financially, began 10 years ago, and today we are celebrating it's success. Bitcoin grants us financial freedom and provides an alternative to the horrible slow, expensive, abusive and privacy invasive banking system. Bitcoin is one of the most important human inventions and definitely the most important one after the Internet. It's been interesting. thank you Satoshi, you impacted our (your) generation.
523  Economy / Trading Discussion / Re: Ark Review on: October 31, 2019, 11:06:06 AM
$100 per Ark is a big dream nearly impossible! after 2017 ATH, If you think any crypto project will promise 500x (or even 50x) return, it should implant doubt in your mind. Besides good technical characteristics, there are many factors that influence the success and price of the coin. Some of them can be predictable suck as total supply and solution, while others are unpredictable suck as demand, popularity, news background and adoption.

As for major cryptocurrencies, they will cost more and give 10x-50x but in the long-term, let’s say in 5-10 years. They won’t skyrocket like in December 2017, they will gradually grow both in price and adoption rate. There won’t be another bubble because the crypto market is restructuring and evolving with the direction to the institutional investors. In my opinion the best price that Ark coin will see is $0.2 in 5 years.
524  Economy / Trading Discussion / Re: Buy now or wait for Bitcoin? on: October 31, 2019, 10:32:46 AM
why waiting for buying bitcoin ; halving comming and prices can go to moon ; price can pump to 15000 usd per btc at any moment . who now if we are in bull trap or no?
i think everytime you wait for buying cheap in the end you will buy at expensive price
everything below 10000 usd per btc is good for invest
The thought that at every halving the price will boom is little dumb. in one sense the price will go up if the mining difficulty stay constant or growth. Meaning that if miners spend $20,000 per block to get 1 Bitcoin, and after the halve they spend $20,000 to get 0.5 BTC or $40,000 to get 1 BTC, the price will increase. However, there are most likely miners who will stop mining do to higher difficulty and the price will fall. Long term I see the halving as a wash, but short term it may lead to some growth.

Interestingly if you look at Litecoins price history it pretty much always went down after it's halving, and difficulty drops too. Bitcoin always went up after it's halving. Nobody is able to say what will happen but I'm rather bullish. However, i think we need something more powerful than halving event to see what we saw 2017 ATH.
525  Economy / Trading Discussion / Re: Be careful with margin trading. (story) on: October 31, 2019, 10:03:41 AM
I don’t recommend any margin trading that involves borrowing money you can’t afford to lose or repay, i think crypto margin is pretty gamble. trading on margin is a very easy way to lose a lot of money really quickly. in some cases margin isn't that high, but it can still wreck you very easily because of the bigger swings bitcoin can make, like the $1000 drop 2 weeks ago would mean your money is gone. However you can try it for yourself with a small amount. Nothing will teach you as good as your own rekt, and don't forget that never trade on group signals.

Dont trust any signal group its better to built your own strategy on trading
Agree. However, its not enough to have a strategy. You need to stick with it and develop it, and when it's not profitable you should switch your strategy up based on trial and error, and you should work with your strategy under discipline.
526  Economy / Trading Discussion / Re: Can I still get wealthy through Bitcoin? on: October 31, 2019, 09:28:44 AM
It depends on when you bought it (are you buying in a bearish market or bullish market?), and how you invest with it. Owning 1 or 2 Bitcoin isn't that enough to make you wealthy when you don't know what to do with it. So for me you need to trade with it to make you wealthy and only the good Altcoins like Monero, VEIL, ETH and BNB can make you wealthy. otherwise buy at least 5-10 bitcoin right now and HODL for 3 years.

Remember the market is just starting to recover. We see these upward movement every day. Besides the the king of Cryptocurrency Bitcoin, a lot of Altcoins also grow. from BTC, we can expect really big news related to the Blockchain. new implementation in government or company, or big news related to the stock market (ETF), and this will positively affect the entire market.
527  Economy / Trading Discussion / Re: How to start: Daytrading? on: October 30, 2019, 07:56:48 PM
As long as you will looking for tips and advice you will never end up winning in this profession, but still i would suggest you ,deep knowledge about the subject, a good trading plan and rigid discipline can take you further all the best. become an expert at discretionary trading while factoring in trading with algorithms. All financial markets are now dominated by big players using algorithms to bait traders into the market and then move against them. You need to figure out how this is being done.

However, My best tip is to forget about day trading unless you have money you can afford to lose. Day trading is risky and not for amateurs. 95 percent of day traders blow out their account in less than a year. If you’re going to have a shot at succeeding at it, spend a few years learning the ins and outs of the financial markets. Otherwise, you’ll be wondering, Where did my money go?
528  Economy / Trading Discussion / Re: Long Term VS Daily Trading on: October 30, 2019, 05:35:00 PM
I know a few people in our circle of friends that really is into day trading bitcoin. They are posting their profits every time they made a good day out of that. Also, Shorters seem to enjoy this current situation in BTC right now. Instability in prices is like the waves of the Shorters in surfing. Hence, day trading can be profitable but only if you're better than the average trader and good at managing risk, and coping with stress.

However i highly recommend to trade the more longer term swings in the market which are easier to predict and don't cause as much stress. although it requires a lot more patience, and sometimes you have to wait many months for your trade to work out. easiest and probably most profitable for most people long term is to just accumulate Bitcoin now as long as there is an 50 percent discount from ATH and wait for the next bull cycle to begin.
529  Economy / Trading Discussion / Re: 5 Reasons why I am buying Bitcoin!! on: October 30, 2019, 05:20:17 PM
It is obvious that Blockchain technology would hardly have become as widely known and is being evaluated for as many purposes as it is today. The Bitcoin and the enthusiasm that has developed around it, has certainly contributed to the development of the digital world of tomorrow, including the use of the technology in the traditional money business and whatever else may come.

However, as a investor i am buying bitcoin for only a reason that you mentioned at first, after a halving when the reward is cut in half and therefore Bitcoin becomes twice as expensive to produce, the premium put on the price is driven by the miners. This leads to increased demand with less supply, and it drives up the price for holders. outsiders see this and become interested and enter the space, understand what Bitcoin really is, and drives expectations of much higher prices. This is the cycle we see playing out since 2010, and In my opinion won't stop until Bitcoin can no longer be purchased with fiat.
530  Bitcoin / Bitcoin Discussion / Re: Dont break rules while trading on: October 30, 2019, 04:52:27 PM
Golden rules are be patient, don't hesitate, learn technical and fundamental analysis carefully, don’t take more than 2 trades in a day, be consistent, if you get negative returns for 3 successive days then take a break, Keeping emotions aside while trading and taking decisions based on analysis and research work, if price charts are not clear then avoid trading on that day, don't be afraid and take risks. However I usually use a buy and hold strategy. Only quality investments with proper diversification. no one truly knows what the markets will do and when. Its a guessing game, just don't let emotion guide you.
531  Bitcoin / Bitcoin Discussion / Re: Are there any apps on Android for trading cryptocurrency? on: October 30, 2019, 04:26:37 PM
It depends what you want to do and what is your style. There isn’t really an app for serious traders, you need a good desktop with a few monitors. A phone just doesn’t offer enough space to see everything you need in one place, If you are just getting started, I recommend using Coinbase, but here is the other two options, check them out and then decide: CEX (personally, I use this one, because I’m used to buy BTC on CEX), and Binance.

You can also find some additional programs, such as CryptoTrax, BitWorth and Crypto Tracker. Of course, they all may have their own pros and cons, as demands for their functionality grow to meet criteria of traders. Thus, it’s better to make more careful research on order to define the most suitable trading platform. But it's safe to say that the above list apps.
532  Bitcoin / Bitcoin Discussion / Re: Where do you invest 60 BTC? on: October 30, 2019, 04:02:25 PM
HODLING is a good strategy in crypto If you believe that in the long term cryptocurrencies will see much broader adoption and use, and that the currencies you are holding are likely front-runners in their area of technology, It’s the equivalent of being a long-term stock investor like Warren Buffett. You are choosing top issues in what you feel is an undervalued, emergent industry and you intend to hold until they reach their full potential regardless of what the market does. In fact, you may buy more on $10,000.

All successful people never look at anything negative, we always look at the positive, longer term holding in most markets is a more successful strategy for the average saver or investor. Short-term trading by amateurs, whether in stocks or in cryptocurrencies on in real estate or other things, is usually less successful.
533  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The TRX Speculation and Info Thread on: October 29, 2019, 07:49:43 PM
Tron has been making consistent developments during the bear market. The next bull market cycle should be interesting, and just watch how many bear trolls turn bull. Tron has been one of the only projects making consistent progress throughout 2019, but all anyone cares about was shaming Justin for the warren buffet lunch, which if were being honest, was WAY more about Justin getting TRX on MSNBC and other mainstream media outlets than convincing buffet to invest. really stoked on the next few months for TRX. all signs are pointing up.
534  Economy / Trading Discussion / Re: Bitcoin Weekly Update: Range Lows Swept As Predicted, What Next After $2200 move on: October 29, 2019, 07:32:31 PM
Well, In my opinion there is quite clearly a bullish pennant forming as time goes by, so the bulls score a point with that one since its a continuation pattern by definition. however, caution is still advised to the bulls. I don't think this pattern should be trusted blindly without taking other indications in mind. flags and pennants have a very particular history of being tricky in Bitcoin. The Working ones often have a very narrow range and don't form any kind of wedge like this one. canonical flags and pennants taken straight out of the books, like those you see on stocks or Forex, have some real risk here of breaking to the opposite direction of the pole. I'm just sitting on the sideline at the moment, but if I were to trade, it would be probably as a bull.
535  Economy / Trading Discussion / Re: What broker do you recommend that accept Neteller or Paypal? I have $200 on: October 29, 2019, 07:13:52 PM
Check out XTB. they’re regulated in many different EU countries. their platform is developed in house and if report any bugsor glitches the DEV team responds immediately. they also offer MetaTrader as an alternative. customer support is very helpful and responsive. I've been with them for about a year and a half and have never had any issues withdrawing or depositing funds, connection issues with the platform. No withdrawal fee and standard spreads and commission.

If you’re in the US, I think Fidelity is the best in my opinion. Very intuitive research tools, website setup is also easy to navigate and understand for a new investor and trades are only $5 which is better than most other large brokers. the mobile and web applications is very simple and user friendly.
536  Economy / Trading Discussion / Re: The Greatest Trading Books Ever Written on: October 29, 2019, 06:48:27 PM
I highly recommended “The New Trading for a Living” by Alexander, it’s the first book I’ve read it covers really basic things but also goes into depth about indicators and really good trading strategies.

However, you can’t learn swimming by reading the book called “How To Swim”. Same applies in stock, forex and crypto markets. all it takes to learn trading is experience and hard work, I work more than 10 hours a day with a little money and still I find many and many More things to learn. give yourself time to learn this market and start trading with small capital with a proper risk and money management, these two things play very important role in trading or investing.
537  Other / Beginners & Help / Re: Is it WORTH investing ALTS RIGHT NOW? on: October 29, 2019, 05:05:25 PM
Yes. you always can invest simply because it is gonna feel cheap at this rate in the long term. Keep in mind. The volatility in Crypto is not because of some bubble. It is because it is a brand new asset class and folks are still in the process of adopting it. Very small proportion of world population is active in the game. In several hypothetical scenarios total market for cryptocurrencies can go up to 1% of a total of $80 trillions in the world, thereby, something like 1 trillion.

With the bear season, there is an opportunity to buy cheap altcoins. I don’t know for how long the price will be low, but it seems already on the rise. I see many cryptocurrencies growing in popularity and value. You could certainly invest your money in a well diversified portfolio of Top altcoins, or maybe new emerging ones with huge potential, and see what happens. don't forget that the market will rise after every crash.
 
538  Economy / Economics / Re: Is institutional capital good or bad for Bitcoin? on: October 29, 2019, 04:43:11 PM
Definitely it's a good thing. there is no way to solve bitcoin volatility unless somebody wanted to invest a lot of money to stabilize the price, buying bitcoin when the price relative to a particular fiat currency goes below the target, and selling bitcoin when the price goes above the target. Without such a stabilizing force, bitcoin will remain volatile while it is in the early stages of adoption and demand is fluctuating and ultimately unknown. when more institutional investors come to the Bitcoin market, we should see volatility decrease, and this problem will be solved soon. Hence, institutional investors help a greater adoption with their funds.
539  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin needs institutional money coming in? on: October 29, 2019, 04:24:12 PM
That is not possible today, but maybe in future. there are some reasons that you can find why institutional investors have mostly stayed away from the crypto world. for example, they are constrained. if they buy a million barrels of crude oil, they have to find a big ass tank, pay to have it stored and insure it. If that goes missing if they have been negligent they are going to jail.

Same thing with bitcoin. security of keys and wallets and cold storage is a huge deal. Anything goes wrong and you could easily see a billion dollars worth of crypto disappear. I think ETFs provide a necessary basis for institutional players to take a dive into the market. Further, regulations are yet to seriously tackle cryptocurrencies, and ETFs would speed things up at the government offices.
540  Bitcoin / Bitcoin Discussion / Re: What did you know about Bitcoin before becoming a bitcoiner? on: October 29, 2019, 03:28:55 PM
I first heard of bitcoin in 2015 when it was at $500. I bought $100 worth, that was all I had at the time basically, and left it in for all of 2 days. I bought some goods with the $50 something I had left because of Coinbase fees. to late 2016, I hear about it again through a IT collegian. I signed onto my Coinbase account and saw my first transactions, and had regret. Nonetheless, I wanted to figure out Why this bitcoin thing was gaining so much traction.

Then 2017 hits, and I start learning more about the technology itself and it’s fundamentals, and get absolutely hooked. Not only was the price going up, but so was my confidence in its principles. i started asking friends and coworkers if they’ve ever heard of bitcoin or cryptocurrencies, and would try my best to educate and encourage them to learn more about this amazing piece of software.
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