Quote from: dmwardjr on September 23, 2018, 10:31:38 PM

Quote from: Fakhoury on September 23, 2018, 10:12:30 PM

Hey Dave,

Yup, our thread is really going good with all of our contributions.

I like your new idea and from the bottom of my heart I wish you an insane success my dear brother and close friend but pardon me in something, don't you think that day trading usually and not for certain, leads to loss of BTC for a reason or another and it's the best to 'hodl' ?

Why with that much of gear you had and/or still have, didn't start mining some profitable altcoins and then convert them to Bitcoins as you know the Altcoins main purpose is to accumulate more Bitcoin ?

Again, wish you all the best my dear

Fak

Hi Fak,

It depends on how good of a trader you are in regards to whether one loses coins or gains coins when day trading. Of course, it's virtually impossible to gain coins trading daily without knowledge and experience on how to use proper indicators. It's also mandatory to have proper safeguards in place to keep losses small and gains large. Another rule I follow is NEVER trade on margin (leverage).

As for mining profitable alt coins: There are no profitable alt coins to mine anymore. Equihash algorithm has gone ASIC. ETH will soon be proof of stake. What few coins left to mine already have way too many miners mining them; which in turn has driven up the difficulty. My power rate has gone up over the last couple of years to $0.12 per kWh. So, my power rate does not allow me to be competitive either. It's simply time for me to get out of mining and focus on trading.

I enjoy teaching and trading. So, I'm looking forward to starting the website soon to provide trading signals and trading education. I've been shopping lately to prepare for teaching. Also been shopping lately for items in the office remodel. For example, here's what I'm going to use for my desktop on the back wall in my office: https://i.imgur.com/muciHvq.jpg Here's some shiplap I'm going to install on the upper two thirds of the back wall in my office along with white beaderboard on the lower third of the back wall: https://i.imgur.com/gNf19rj.jpg The 55 inch 4K TV's will look great on that back wall with the shiplap. Here are the three TV's I bought: https://i.imgur.com/Rgv9jlA.jpg I'm simply wanting my office to look nice for future training videos.

It is disappointing investing approximately $10k for a power upgrade and mining room remodel and work hard for a couple of months to remodel the mining room; only to take it apart now and sale everything individually. I'll have approximately 400 items in total to sale on ebay by the time it's all sold. My ebay account says I've already sold 132 items since July 29th.

I refuse to let my current mining debacle get me down. You probably know that's how I provided for my family. Now I'm going to use my trading and trading website to provide for my family.

Here's my most recent BTCUSD publication if you want to check it out: https://www.tradingview.com/chart/BTCUSD/ahiDpw8x-Definitely-Looking-Like-Wyckoff-Accumulation-Schematic-2/

Here's one chart in particular for you to compare a Wyckoff Accumulation Schematic #2 (lower right corner) with current price action for BTCUSD. It definitely looks BULLISH to me.

Best Regards,

David

Hey Dave,

I like your mindset when you are talking about trading, I agree with every word you've said.

Regarding being disappointed, don't be brother, we are mature enough to know life is not easy yet not impossible and it's never too late to change our own career or to change our plans, we don't know what the future holds for us, for this reason, we must be cautiously optimistic and who knows, maybe this is better for you in the long run, why not ? I'm kinda sure you will do very well in your new journey as you did with mining, we've been her for too long my dear brother

I saw the ideas of yours and like them, but I've two questions if you don't

1- Would like to hear from you, when you are seeing us passing $1MM+ ?

2- What do you think about this idea ? https://www.tradingview.com/chart/BTCUSD/c2DYFwXO-Bear-time-is-near-to-end/ , it's Masterluc account.

3- The below bullish news will make you happy and euphoric Wink

Warmest regards,
Fak