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Author Topic: I quit trading  (Read 242485 times)
randy8777
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October 19, 2015, 11:55:40 PM
 #101

Well im leaving trading as well everytime i enter into some altcoin the full market drops... this week is insane all red altcoins,nothing new dumpers making and taking their btc back,need new and fresh investors as money into crypto world now.

quit altcoin trading and start trading bitcoins only. altcoin value can sink 90% in just a few minutes. the guys behind these altcoins are making huge profits while other people end up holding the bag filled with worthless coins.
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October 20, 2015, 08:23:33 AM
Last edit: November 02, 2015, 10:45:51 AM by RyanLZ
 #102

Well im leaving trading as well everytime i enter into some altcoin the full market drops... this week is insane all red altcoins,nothing new dumpers making and taking their btc back,need new and fresh investors as money into crypto world now.

quit altcoin trading and start trading bitcoins only. altcoin value can sink 90% in just a few minutes. the guys behind these altcoins are making huge profits while other people end up holding the bag filled with worthless coins.

Altcoin trading is much riskier than bitcoin trading. Most altcoin are scam anyway. You cannot hold them for long term.
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October 20, 2015, 08:28:30 AM
 #103

The only way to really make money from alt trading is inside knowledges, not tech or trends or wtf others are saying. If you have enough bitcoin to pump (and dump) and altcoin, that is the only way how to surely make money. Offcourse inside knowledge about an upcoming pump also served me quite well Smiley

All those "traders" with all their fancy trendanalyses, that works in regular stocks, not in crypto, pure emotion and manipulation, NOTHING else.

knowhow
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October 20, 2015, 11:48:08 PM
 #104

Well all altcoins went red this days its insane,even knowing that bitcoin is getting more value these days,the pump and dump is profitable just for some .
confirmation120
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October 21, 2015, 06:20:35 AM
 #105

Well all altcoins went red this days its insane,even knowing that bitcoin is getting more value these days,the pump and dump is profitable just for some .

True its all pump and dump now
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October 21, 2015, 06:39:27 AM
 #106

Well all altcoins went red this days its insane,even knowing that bitcoin is getting more value these days,the pump and dump is profitable just for some .

True its all pump and dump now

it was always pump and dump, nothign has changed, the difference is that now the volume is so low, that is more hard to have even a small profit, the scene is dead for every alt
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October 21, 2015, 10:49:17 AM
 #107

Well all altcoins went red this days its insane,even knowing that bitcoin is getting more value these days,the pump and dump is profitable just for some .

True its all pump and dump now

It is difficult to know when there is a pump and jump in before the pump and get out before the dump. That is the reason some whales will earn money.
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October 21, 2015, 05:07:45 PM
 #108

Well all altcoins went red this days its insane,even knowing that bitcoin is getting more value these days,the pump and dump is profitable just for some .

True its all pump and dump now

It is difficult to know when there is a pump and jump in before the pump and get out before the dump. That is the reason some whales will earn money.

Yes. It's called single entity driven markets which is highly riskier because we need to sail same as the only one person. Otherwise we may end up in wipe out of all our funds. It's better to quit trading instead of trade in a pump and dump markets.
Kevin77
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October 22, 2015, 04:24:53 AM
 #109

Well all altcoins went red this days its insane,even knowing that bitcoin is getting more value these days,the pump and dump is profitable just for some .

True its all pump and dump now

It is difficult to know when there is a pump and jump in before the pump and get out before the dump. That is the reason some whales will earn money.

Yes. It's called single entity driven markets which is highly riskier because we need to sail same as the only one person. Otherwise we may end up in wipe out of all our funds. It's better to quit trading instead of trade in a pump and dump markets.

We should not touch this kind of pump and dump markets which definitely will lead to huge losses if we invest into that particular market. They simply throws some baits to make you invest the they will sell off all their holdings to make your investments into almost zero.
n2004al
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October 22, 2015, 07:04:24 AM
 #110

Well im leaving trading as well everytime i enter into some altcoin the full market drops... this week is insane all red altcoins,nothing new dumpers making and taking their btc back,need new and fresh investors as money into crypto world now.

quit altcoin trading and start trading bitcoins only. altcoin value can sink 90% in just a few minutes. the guys behind these altcoins are making huge profits while other people end up holding the bag filled with worthless coins.

Altcoin trading is much riskier than bitcoin trading. Most altcoin are scam anyway.

True. I invested time and bitcoins in Latium. The developers give it free when you create an account and then for every referral you found. Thinking that was a coin with perspective invested a little less than one bitcoin in buying other coins in one exchange. The price goes down every day and I lost almost 0.5 bitcoin with my investment. Thanks God haven't invested more. Now Latium has put a bunch of words on its site where write that it will be e new open in the future and that they has finished the first part of their projects (who knew this before). Until the devs spent the money earned. Then it will be again the same story with new users which will believe to their words.
AtheistAKASaneBrain
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October 22, 2015, 01:34:30 PM
 #111

Well all altcoins went red this days its insane,even knowing that bitcoin is getting more value these days,the pump and dump is profitable just for some .

True its all pump and dump now

It is difficult to know when there is a pump and jump in before the pump and get out before the dump. That is the reason some whales will earn money.

Yes. It's called single entity driven markets which is highly riskier because we need to sail same as the only one person. Otherwise we may end up in wipe out of all our funds. It's better to quit trading instead of trade in a pump and dump markets.

We should not touch this kind of pump and dump markets which definitely will lead to huge losses if we invest into that particular market. They simply throws some baits to make you invest the they will sell off all their holdings to make your investments into almost zero.


This is the case with like 95% of cryptos, but there is a 5% of cryptos that have a liquid market, or at least liquid enough that it doesn't end up like coins like, Auroracoin and similar, where the market just keeps shrinking forever. With coins like Monero, you can have hope that it will go up in the future, because it as developed a solid market.
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October 22, 2015, 11:26:57 PM
 #112

Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .
roadbits
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October 23, 2015, 05:53:02 AM
 #113

Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Yes all new coins prices always prices will be very volatile so invest just small quantities and ready lose those coins. But there are chances that those coins can boom suddenly with out any reason then can make a good profits out of that so it is call high risk investment rewards. This is almost nothing but gambling only so invest carefully in any alt coins.
confirmation120
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October 23, 2015, 06:32:31 AM
 #114

A quit to there is way to many pump and dumpers
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October 23, 2015, 07:24:11 AM
 #115

The only way to really make money from alt trading is inside knowledges, not tech or trends or wtf others are saying. If you have enough bitcoin to pump (and dump) and altcoin, that is the only way how to surely make money. Offcourse inside knowledge about an upcoming pump also served me quite well Smiley

It is the same with anything concerned with trading. The winners are the ones who have the foremost knowledge and access to the information first hand. Indeed, you can go by fundas, but, as they say (actually, Keynes), markets can remain irrational longer than you can remain solvent. With altcoins it is just more heavily pronounced (and mostly void of the rational part, lol)...

All those "traders" with all their fancy trendanalyses, that works in regular stocks, not in crypto, pure emotion and manipulation, NOTHING else.

It doesn't work even with regular stocks (long-term)

knowhow
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October 24, 2015, 09:39:48 PM
 #116

Well the altcoins were moving around 10 to 20% daily now they go very high,as down to fast,i mean the big altcoins volume above 100btc...One thing is we should have to stop to make others take our bitcoins soo easy,i were waiting for a up on the coin and wow it went down on the next day .
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October 25, 2015, 04:32:03 AM
 #117

Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc
geohawk
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October 25, 2015, 05:04:17 AM
 #118

Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc

But last time bitcoin prices went up, litecoin prices went up.
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October 25, 2015, 07:22:38 AM
 #119

Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc

But last time bitcoin prices went up, litecoin prices went up.

it was because of the halving of litecoin, in fact now it returned where it was with a x2 boost

i'm sure it has nothing to do with bitcoin
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October 25, 2015, 12:00:12 PM
 #120

Most of the altcoin arent related to bitcoin even being bought and sell from btc to x and the reverse,the fact is that most altcoins usually dont got affected by bitcoin price.The most coins dumped were not related to bitcoin look at eth those dump happened because they said that the money they had collected werent enought to them.
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