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Author Topic: Helping to manage your bitcoin profits.  (Read 803 times)
Redgy (OP)
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April 16, 2014, 04:55:21 PM
 #1

Hey there fellow bitcoin user,

After some acquaintances told me several times to do this, I now officially launched my view on Bitcoin and its price movements with the release of my personal news letter.
I have been rather successfull so far in making profits for people and would like to share my view and market perception with the bitcoin users.




Introduction

Hey there and welcome to my Bitcoin newsletter.  Allow me to give you a small introduction of what you can expect of my mails and what added value they may offer to you  as an investor in Bitcoin and other investments.

I started writing down my opinion and vision for bitcoin because I  noticed, that whatever I predicted, is accurate to a certain level and with my view I can help people who are invested in Bitcoin to stay rational in difficult times and think things through before they act. I not only help people make good decisions but I never deviate my reasoning towards one ally. I will give my view as how I see it, giving you the possibilities and the odds that I perceive and in the end I will you my preference. My mails will provide you with the broader view of the current state we are in. By taking this approach, you will not suffer from bad decisions caused by the narrow minded choices many investors make in their careers. I will not hold your hand and tell you to do ‘this and ‘that’, rather I will leave the choice up to you completely with the given odds.

My advice would be pointless and of small value if I just give you the circumstances that we are in. Anyone with a background in investments can do this. I will underbuilt my view with fundamentals such as: technical analysis, psychology, fundamental analysis, opinions and experience in money management. Every mailing will contain two major parts:

- One part in which I explain certain phenomenon’s that you need to be aware of such as the impact of personal fears in the conscious or subconscious mind that may influence your profit returns and other extra’s that I like to add for my subscribers.
 
- The second part contains a Bitcoin analysis in which I explain what may happen to the price the coming weeks.


I tend to only post twice a month ( every two weeks you will receive a mail ) because I think that due to the big volatility of Bitcoin, making short term predictions from day-to-day seem to fail more than actually be correct. Yes, one may have good profits while daytrading but with all the fundamental news and market manipulation it is a too big of a gamble for me to advice one to experience with. I’m not saying that people cannot try this out and be successful. Certainly when the markets are booming the chances to make good money with daytrading are there. I have tried it out myself and had good profits. But it only takes one bad day and those good profits can all be gone and you may be put in a loss. The only way to get out of that loss is by selling when price reached your buying target and this may take a long while for you to achieve if price crashes and tests certain price ranges. The other way to get out of it is selling with a calculated loss. In either way I find this kind of trading too risky and I rather base myself on longer term views which have always benefited since the creation of Bitcoin.

None the less this being said, you can use the extra information that I provide and implement it in any kind of strategy that you wish to utilize. Because certain topics such as market psychology are universal and have value in many undertakings that aren’t just restricted to investing!

I hope that this brief introduction explains what my goals are in my approach to you as a subscriber.
If you are interested in subcribing please PM me and I will try to answer you as quickly as possible !



Kind regards,
Redgy



sgbett
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April 16, 2014, 05:03:25 PM
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https://www.youtube.com/watch?v=wlMwc1c0HRQ

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
BittBurger
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April 17, 2014, 01:40:13 AM
 #3

Hey there.

Owner: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
chessnut
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April 17, 2014, 02:07:14 AM
 #4

Really critical point this...

Nobody likes unexpected surprises. before we enter the market we need a clear set of expectations and strategies to deal with uncertainty. If you dont know what you expect, you will never know when you are wrong. If you dont have any clear expectations, you're gambling and your emotions will take over.

To become in tune with general market conditions and fundamentals, it takes a lot of practise reading the charts. Paying special attention to liquidity, volume, times of day, risk themes, and developing junctures is critical for efficient risk management. the same is true for profit taking.

we all have our own styles to trading, so before taking the ideas of other traders, we must be sure it inspires our own style and we can manage the position to meet our own expectations.

Redgy (OP)
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April 17, 2014, 02:20:44 PM
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Really critical point this...

Nobody likes unexpected surprises. before we enter the market we need a clear set of expectations and strategies to deal with uncertainty. If you dont know what you expect, you will never know when you are wrong. If you dont have any clear expectations, you're gambling and your emotions will take over.

To become in tune with general market conditions and fundamentals, it takes a lot of practise reading the charts. Paying special attention to liquidity, volume, times of day, risk themes, and developing junctures is critical for efficient risk management. the same is true for profit taking.

we all have our own styles to trading, so before taking the ideas of other traders, we must be sure it inspires our own style and we can manage the position to meet our own expectations.

True. A very important fact are emotions. That's why I have launched my own mailinglist because I notice that there are many investors certainly in Bitcoin who don't have the actual 'know-how' on how to overcome all these emotional states and how to recognize them. I try to offer a basic 'how-to' to my subscribers and I discuss my own opinion with what I recon will happen to the markets ( giving the most possible outcomes and the odds ) and why I think so. I will also include educational content that I discuss every mail I sent in order to help you develop as an investor yourself.

I used to be in a position where I didn't have the true know-how myself. I learned a lot and  now I want to pass on my knowledge that has helped me untill now. Once again, I'm trying to see if people are actually interested in learning how to get better themselves and I believe that there will be enough people who find this very helpfull.

I try to achieve what you noted down: Inspire an investor with his own style (or not) to implement 'my thinking' into his strategies in order for them to benefit from it, in the form of profit returns from the markets. This way they will finally meet their own expectations. I'm happy to see that you understand what I'm trying to work too chessnut.
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