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581  Economy / Trading Discussion / Re: Trading Tips for Traders here on: January 11, 2020, 11:03:54 AM
They are good tips indeed particularly learning the rope before embarking on a trading journey I always emphasizes doing through research on the internet where there are countless numbers of strategies to choose from while choosing the right instrument to be traded, crypto currency trading seems to be more easier than option, metal and  forex trading according to some trading experts.

"Learn the Ropes", it's what you found as most interesting thing in this article, me too. But I think it's not well explained, learn the ropes means a lot of thing, it means to learn the field, where are the borders, the rules, what you can do, what you can do, and to learn about hidden tricks you can use.
When you go trough the comments here and on other places too you will see that many people don't know basic things about trading, but they wish to make profit and be successful, how is that possible?
Most of the goals of the traders are to beat the market but for me it is not should be our goal, the ideal goal that we have is to have consistent earning in the cryptocurrency market and also to have a high winning rate. Through experience we can become a trader who used to take high risks strategies. It is possible to become successful if we have courage to take risks and also if we will work hard in terms of learning about new information.
582  Economy / Trading Discussion / Re: WHAT DOES A TRADER NEED? on: January 11, 2020, 08:54:20 AM
For me trading is a continuous learning where I keep reading different trading related materials in order to increase my knowledge. A trader like me need an information that we can use to protect our funds and also increase it. I fell inlove with charts and that is why trading became my passion. I keep reading and studying different trading techniques and strategies everyday that I can use in real life situation. I know that there is still improvement in my skills and also in my knowledge.
583  Economy / Economics / Re: Cryptocurrency, KYC and Terrorism on: January 11, 2020, 07:54:16 AM
This is the reasons why a lot of people hate submitting KYC in projects because they are afraid that their personal information might be used to sell it in the different people or terrosist for their illegal activities, that is why i always reject to submit KYC in projects and gambling sites just to save my identity.
Kyc shipping is not worth the risk we suffer. I personally do not agree with that. Moreover, there is no legal protection from the government. I am afraid that if used for criminal acts and on our behalf, so we will deal with the law. will certainly make the atmosphere complicated by our mistakes in sending kyc




I'm now afraid because I participated before in projects that requiring KYC. I'm afraid that my identity can be stolen and can be use in illegal act. I saw articles before that there are projects and exchanges that sold the identity of their users in the dark net. That is why I always ignoring the projects and exchanges that requiring my identity. I want to stay anonymous that is why I'm against KYC.

No need to worry because some of project was trusted and it was good if you do know if the manager was trusted too. There are a lot of campaign that needed that and also to have or to avoid number of same account on the campaign.
Indeed. There are really some projects that we can trust when we already submitted our KYC forms to them that 100% sure they won't sell out our identities or personal informations. But we still need to be careful in sending our own personal information because it is not a joke from getting your information that they could use it in bad activities to trick other people.
We cannot guarantee 100% that there is a project that safe where our identity will not be stolen or sold to others. There are always risks so we should make sure that the risks that we are going to take risks. Our information should be private and KYC is a threat for me and it is the reason why I always avoiding exchanges or projects that needing my I.D's. 
584  Alternate cryptocurrencies / Altcoin Discussion / Re: Guys stop investing! Use your brain, please on: January 10, 2020, 02:50:52 AM
yeah, i know if something hype will go down someday, its hard to choice where to invest. in last year we can decide by ourselves and gain profit when invest in, but now its really scary to start it. we cant trust on every project release here, maybe people just take a part on bonty. but it doesnt mean none good project on this field, it just hard to find, they (many shit of them) covering the good one
Yes it is difficult indeed, but when the crypto season comes at least it is a good period to start investing when new projects are made at any time. We cannot carelessly use the money we have because investing is not just about profits, there are important things we must do with in the beginning.
Investing is good but we should always consider if the investment is worth taking or not. If we will use solid analysis then we can easily identify if an investment is legit or if it is scam. IEOs and ICOs are in everywhere, both of these two investments have high risks because of the scam projects. We should be intelligent investor in order to protect our funds.
585  Alternate cryptocurrencies / Altcoin Discussion / Re: High price but no volume on: January 09, 2020, 04:33:50 AM
If there is no volume even if its value si high it can still be called as shitcoins. There are a lot of altcoins that doesn't have volume, we should stay with that kind of altcoins because there is no opportunities there. There are traders who buying low volume coin because they though that it can easily pump, it is not like that they will regret their decisions in the near future. We shouls only buy altcoins that have high volume because it means that there are many traders who are willing to trade that coin.
586  Economy / Gambling discussion / Re: How Much Money You Need To Win To Stop gambling, Is This Possible. on: January 09, 2020, 02:42:23 AM
Humans have unlimited desires, there is no way to stop gambling if you keep earning big amount of money. Most of the gamblers are not discipline, even though they earned now huge money; they still not stoping because of their greediness. Desires can make us vulnerable to losses so we should control it. Little desires are good but we should handle it very well for us to not control by our greediness.
587  Economy / Trading Discussion / Re: It’s very easy to trade Bitcoin on: January 08, 2020, 02:25:10 PM
It just a luck but not all times luck will save you in the market challenges. Trading bitcoin is not easy even though professional traders are losing because loss are inevitable. I often to trade bitcoin but my win rate is high, I lose small and I win big. I manage to make profit in bitcoin trading because I often to read books and journals that can help me to become a better and successful trader.
actually trade bitcoin, if you have patience, will not end in loss, because if you look at the price of bitcoin, in the end, it always increases. but of course, it takes a long time to recover. In the last 3 months, I have also been quite good in trade bitcoin, every drop below 7000 always fast recovers above 7000. but it does look easy, rather than altcoin trading which is more difficult and risky because it depends on bitcoin flows.

That's because you bought during a time when the price wasn't just tanking or at an all time high like any smart man would do. The problem is, a lot of people get in right at the all time high and then expect it to keep going up. If you had gotten in when Bitcoin was almost $20,000, then you would still be waiting on a good time to cashout. My favorite times to trade are when the coin is slowly going up over a few months with dips in between like all of last year was. There's a lot of chances to make some money and you can't really screw it up.

thats right, before entering the market they should look at the situation first, don't fomo, let alone buy when prices are rising high aka buying at the peak. if you want to play fast, of course not a problem, but when it suddenly falls you have to be ready to sell it on a note of losing just a few percents and it's natural.
FOMO is one of the main reason why newbies are losing money in the market. They always got stuck in high position because they got hyped too much. If there is a short rally, they will also follow buyers and it is the reason why they got stucked in their position because they do not know what they are doing. We have different view in trading with bitcoins and we can only see it as easy if we will focus on improving our skills.
588  Local / Others (Pilipinas) / Re: Learn how to trade here in Forum? Actually you won't. on: January 08, 2020, 04:32:38 AM
Isa lang sa mga guidelines or to have a few tips sa mga experts pero hindi talaga enough na dito ka na magbabase ng iyong trading analysis, mas okay pa din ang sarili mong analysis, kaya dapat matuto tayo paano magbasa ng charts, paano mag analyze ng market, kasi maraming mga factors yan bago mo maconclude kung 'time to sell' na ba or 'time to buy'. Anyway, marami namang mga ibang materyals diyan na makakatulong sa atin, sarili na lang natin ang kalaban natin kung bakit hindi tayo matututo.
Sa katunayan may mas natutunan pa ako sa panonood ng mga infomation videos sa youtube kaysa sa mga posts dito sa forum. Dati may thread dito sa board ng Pilipinas na nakatulong saakin upang maintindihan. Okay naman kasi naituro naman yung foundation pero yung nga advance na technical analysis techniques ay hinde mo basta basta makikita sa forum na ito. Wala kasing libre ka information kaya ayaw nilang mag turo ng mga trading setups na effective.
589  Economy / Speculation / Re: Return of the bull? on: January 08, 2020, 02:40:20 AM
Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.

It's a sign but we still need a few days to weeks before we can confirm that we are at the beginning of the bull run, nothing is confirmatory here, everything still is, speculation, there is speculation of Iran events as the event that move the price of Bitcoin, others are saying it's the halving, we'll have to see if these two are the factors or just anyone of it or another info or events.
There is a sign but the confirmation is still what we need. As long as the price will hold to its support then the bullish trend will come. A lot of articles and opinions in the forum about the bullish market that may come, there are now people got hyped to the price but we still need confirmation in the chart. We should only make a move if we fully understand the price action and it is better to not depend to the other people's opinions.
590  Economy / Speculation / Re: The Trend for 2020. on: January 08, 2020, 01:34:14 AM
Action is sideways so far and I will guess will continue in sum total until I find any trend found, established, confirmed and continued over time.   All we have some price changes which very often revert back to form and the ongoing action says sideways not especially large movements.   I have to guess based on what is occurring for a while now, but also I'll hope to see a change in patterns because its obvious to all.



Weekly bars, trying to guess is this a positive scenario playing out.   It seems to me its a challenged situation ongoing, I do expect sellers and also buyers to swing this either way at various times.
There is now a good sign after the major breakout. The ma 100 already strikes down. If the MA 100 become a support then the bullish trend will start. I hope that all short day and long day moving avarages become support in order to establish a uptrend. The consolidation and correction is now finished, it is now the time for us to see the continually increase of price of the bitcoin.
591  Economy / Gambling discussion / Re: two gambling games that are players favorite on: January 08, 2020, 12:33:07 AM
Most often gambling games that I playing are dice game, card games and esport betting. Those 3 have the highest users of gamblers. In dice game the mechanics are simple and that is why most of the gambling sites have this kind of feature. In card games like poker, the gambler requires to have knowledge and idea about that game in order to win and avoid huge losses.
592  Economy / Economics / Re: what makes us good investors. on: January 07, 2020, 11:31:00 AM
There is no constant answer for this question. For example buyers holders made so much profit 3 4 years ago. But the sellers won 2 years ago. So it depends on the aim of the market and same thing can makes you good or bad investors from time to time.
with time you will learn and you will become good investor automatically but I think its few quality that a good investor must have. A good investor must be patient and he must have skills of getting profit. A good investor should want until his coin untill it rise to double so be good investor and  wait with patience.
A good investors consists of good standards like having enough patience and also enough knowledge in order to gain profit in market. Understanding the market is the main key in order for us to become a good investors. What do I mean by that? It is simply the investor know what he is doing in an investment and how he can make profit from the market.
593  Economy / Trading Discussion / Re: Do you ever trade at work? on: January 07, 2020, 08:17:00 AM
I trade at work but I do not use the computer in my office because it is centralized where information and data are saved in the main servers. I use my own laptop and my smartphone in order to trade at work. Even though I'm busy at work I still manage to monitor my portfolio because of my good time management. I also using different trading strategies that is suitable in my time and my skills.
594  Economy / Trading Discussion / Re: Profitability of Trading Bots on: January 07, 2020, 07:16:19 AM
I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers
Bots only help you in doing trading, this all depends on your analysis and luck too. Many people are wrong that bots can always bring profit. Experience when using bots trading is easier than we have to see too often in the crypto market and of course the settings of bots must really be in accordance with our analysis.
It is too low for me and that is why I do no use trading bots. Trading bots are for the people who doesn't enough time to focus in trading. I have a lot time so I do not have any idea to use trading bots. Trading bots are also base on luck so there is no guarantee that your money will grow from it. I prefer to use my own decision in trading than in trading bots because I trust more my analysis than the analysis of trading bots.
595  Economy / Economics / Re: BTC to GOLD on: January 07, 2020, 06:00:33 AM
I'm a high risk investor so I will not "yet" convert my bitcoin to gold unless the market crashed. I said "yet" on purposely because I plan to convert it when the financial crisis comes. Even I'm a high risk investor, I still have plan to protect my funds and by converting my bitcoin to gold can help my funds to be protected. Gold is a safe investment and it can help us to survive if the financial crisis will come.
596  Economy / Gambling discussion / Re: Tricks and tips for esports betting on: January 07, 2020, 05:00:58 AM
Depends alot on the game, but teamwork counts alot for integrity of results and likelihood the team is practising together, etc.   I got alot more faith in an underdog bet when I believe that team has underlying potential to keep improving and surprising in their results, alot of that revolves around the team spirit being healthy.   The biggest mistake people make is counting results evenly when some games wont have the effort spent on them over others, some enemy teams or the map choice allows an easier result.
There are a lot of analysis that we need to know in order to win in Esports betting. Before you place a bet you need to know who's underdog and who's have upper hand. I often bet in dota 2 and I have high win rate because I always identifying the strength and the weaknesses of the team before I bet my money. 
597  Economy / Trading Discussion / Re: Is it possible to double capital in 2 months? on: January 06, 2020, 12:18:23 PM
Don't think of something impossible or hard to achieve. It's better to set more modest goals that you'll be able to accomplish than something that will end up failing you. With the ability to double your funds in such a short time, you are likely to take too much risk to lose. Bitcoin isn't the weapon to get rich over night, no matter how tempting it is.
Right, but it would be better to continue to try it without the need to be pessimistic at the beginning, because when you are confident and have high optimism then it is your capital to be successful in the targeted time. Nothing is impossible as long as we are sure to do it, but if you only rely on crypto trading, I wouldn't recommend it because you should be better off having lots of resources that can multiply your capital in a short time.
It is really possible but it requires a lot of knowledge in order to double your capital in just 2 months. I do not yet tried to do it but I known a lot of professional trader who can easily do that. Understanding the market take years. It not a lesson that you can learn from just days. Having a lot of passion in trading can help us to become a knowledgeable and skillful trader.
598  Economy / Trading Discussion / Re: Learning to trade on: January 06, 2020, 10:45:53 AM
Anyone can learn to trade, there are basic stuff, how to register on exchange, how to set up buy/sell orders, it's easy to learn. With some little capital you can introduce yourself with all that and maybe to even make some profit. What is important, I always say ask yourself what you have, what you can offer, how much money you have, free time and your goals.
Anyone can be amateur trader, to buy whenever and simply to wait for price to rise and then to sell. Without cutting loses, some times your trades will last for weeks, months, but in the end bitcoin always bounce back.
If you wish to be a professional trader, then before everything think about investing in your knowledge, buy some material, attend some seminars, find some coach that will teach you and pay for few classes.
Trading is not easy stuff to learn especially for those new people in the market who want to learn trading. Information and knowledge is in everywhere but the right information and knowledge is hard to find. I became a trader in just 6 months but the 6 months are not yet enough and it is the reason why I keep studying in order for me to become a better trader.
599  Bitcoin / Bitcoin Discussion / Re: You the local Bitcoin joke in town? on: January 06, 2020, 07:33:55 AM
Too bad for you. I understand that the bull run brings FOMO to you, but riding on a market that's been riding for quite a time is generally a bad idea. Though this year might get you off. If you have some of that left, you might even exit the market for a return or even gains. But that's 2 years ago, not sure if you still have those.
People got hyped when the price of the bitcoin became expensive, now they are experiencing losses because they still hold their positions. The bitcoin have bad image in my community because people do not really understand what it is. Their money is now gone because they invested without prior knowledge and it is their fault why they have huge losses.
600  Economy / Economics / Re: Grandma tell you to keep old coin in piggy bank on: January 06, 2020, 06:27:57 AM
My mom used to tell me to save money but I do not follow his instruction because I know that she is wrong about saving money. There is no people who became rich because of saving money. I always investing the excess money that I have. Saving and Investing are different to each other. In investing, our money can make money but in savings our money is just store and its value is not going up.
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