Search content
Sort by

Showing 20 of 58 results by Crystal Method
Post
Topic
Board Altcoin Discussion
Re: What make with 5000 dollars
by
Crystal Method
on 15/01/2019, 07:51:53 UTC
If you ask such question, than i guess, you don't have experience in the crypto, that's why i would recommend to invest this money in BTC and wait.  You will be or a  lucky man or a losser. Everything is clear.
Post
Topic
Board Altcoin Discussion
Re: A jump of 11% for ethereum in just 30 mins
by
Crystal Method
on 15/01/2019, 07:47:42 UTC
Man, it can be anything. Now the price and capitalization of ETH is not very big, so jump from 115$ to 130$ can be simple entrance of a whale. It is a simple as that!
Post
Topic
Board Altcoin Discussion
Re: Which cryptocurrency is best for storing money?
by
Crystal Method
on 15/01/2019, 07:44:24 UTC
Well, perhaps unsurprisingly, the answer to this question is Bitcoin, simply because it's accepted as a payment more widely an it is less volatile than any other cryptocurrency. It’s also the most widely invested cryptocurrency
Post
Topic
Board Trading Discussion
Re: Are you making money in this bear market?
by
Crystal Method
on 12/01/2019, 14:14:10 UTC
Sure  I am.  The process is called shorting. But if you are a newbie, I wouldn't recommend you even try!
Post
Topic
Board Trading Discussion
Re: What you should do when you lose most of money?
by
Crystal Method
on 12/01/2019, 14:10:39 UTC
Don’t make any sudden financial moves, change your mindset or a stragedy and reduce your lifestyle. Look for additional sources of income. Talk about it with loved ones. These tips really help! Good luck, man!
Post
Topic
Board Trading Discussion
Re: Trading or not?
by
Crystal Method
on 11/01/2019, 08:10:11 UTC
Man, it is a long term investment, hodling other words. You should acknowledge from the first situation, that you shouldn't keep all eggs in one basket.
Post
Topic
Board Trading Discussion
Re: How to get rid of emotions when trading
by
Crystal Method
on 11/01/2019, 08:00:31 UTC
Emotions are an excellent guide if you play them right. Do exactly the opposite of what your emotions are telling you to do.

"When there is blood in the streets, there are fortunes to be made."

When everyone is selling, and fear rules the markets, that is a good time to be buying.

Likewise when everyone thinks BTC cannot go down, that  everything will grow, that is a good time to sell.
Post
Topic
Board Trading Discussion
Re: minimise possible losses in trading
by
Crystal Method
on 09/01/2019, 11:07:47 UTC
I am completely agree with the author. In addition, want to add that educating yourself with Technical and Fundamental Analysis is the key to success. Blindly following and buying without study will led to loss only. Whether it is trading or long term investment, education is must.
Post
Topic
Board Altcoin Discussion
Re: Monero has the potential
by
Crystal Method
on 06/01/2019, 21:25:57 UTC
Monero is certainly an interesting coin. Their extremely high focus on privacy makes it unique compared to Bitcoin and other cryptocurrencies.

I think privacy brings own benefits but it also has risks. Like Michael Taylor in the other answer mentioned, wealthy people could use Monero to avoid taxes. Also, drug dealers and other people who make illegal business can take advantage of privacy and untraceability.

Still, I think that Monero has great potential and most likely it will be in this realm for long.
Post
Topic
Board Altcoin Discussion
Re: How to protect your wallet from hackers
by
Crystal Method
on 06/01/2019, 21:22:57 UTC
Have some tips for owners of BTC:
Firstly if you have bought and stored BTC online your responsibility would be to protect your account.
 Use only a secure password
Turn on  2FA
Make sure you have withdrawal alerts switched on
Make sure you have Ip location activated

Off line
Keep offline storage device safe
Make sure you tell no one passwords and other stuff.
Post
Topic
Board Altcoin Discussion
Re: Will Cardano replace Ethereum?
by
Crystal Method
on 04/01/2019, 08:34:48 UTC
It is also difficult to know what impact Cardano will have if Ethereum’s planned upgrades are successful. If Ethereum is able to process thousands of transactions per second, as well as increase its speed, then other smart contract platforms like Cardano might quickly become irrelevant.
Post
Topic
Board Altcoin Discussion
Re: Does Altcoin price depend on BTC or ETH??
by
Crystal Method
on 02/01/2019, 08:27:21 UTC
It is normal for people to panic sell altcoins if bitcoin price is going up quickly. Likewise if bitcoin price is declining rapidly, people will buy altcoins to hedge against the bitcoin price drop.
Post
Topic
Board Altcoin Discussion
Re: ETH or EOS?
by
Crystal Method
on 02/01/2019, 08:17:00 UTC
It is fair to say that EOS originally came from the Ethereum.  Now I think the EOS blockchain is a direct competitor with Ethereum.

I guess there are real chances for EOS to become the leader of blockchain’s promising future. Nowadays Smart Contracts are the key in terms of winning a fight in any contentious crypto issue."
Post
Topic
Board Trading Discussion
Re: How to learn trading?
by
Crystal Method
on 31/12/2018, 02:50:45 UTC
There are different ways you could learn how to trade,  you could trade by yourself,  you could copytrade,  you can follow group call for trader or go to twitter for trade call. There are also many technical tools at your disposal you can learn how to use them to decide your trading direction!
As for me, these ways are not a real trading. You make orders and don't fully understand how and why. In this proffession understanding the market and your own oppurtunities are the most  important existing factors!
Post
Topic
Board Trading Discussion
Re: How to learn trading?
by
Crystal Method
on 31/12/2018, 02:47:12 UTC
Man, everything is very simple. There are a lot of books about  Stock trading. You can find their sooo huge amount of useful information, that you will be really really impressed. Good luck in learning!
Post
Topic
Board Trading Discussion
Re: How to survive
by
Crystal Method
on 31/12/2018, 02:42:49 UTC
with the current market conditions I prefer to hold and I start investing again by looking at coins that have good movements and will be profitable, so I will still be able to get money even if only a little


What do  you think about investing in ETH? I am  sure that now the price is really cheap and it is good time to buy and wait Bulls. Maybe you have some thoughts on this stuff?? Smiley Smiley
Post
Topic
Board Trading Discussion
Re: What do you think altcoins will be used for in the future.
by
Crystal Method
on 31/12/2018, 02:39:58 UTC
The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over  from normal currency's in the world of buying or selling any other goods then btc. The main reason I think this is that nobody wants to be that guy that bought two pizzas for 10000 btc 5 years from now, so i cant really see what else it has a real future in. But that is only my opinion, What do you guys think?

I think most of altcoin will be useless in the future and be used for nothing. But I guess there will be some coins that will be useful.


Now there are a lot of garbage in the crypto field after the 2017, I think in the near future most of the altcoins will die and we will have the deal only with real projects with real engine.
Post
Topic
Board Trading Discussion
Re: $100 price difference between exchanges ...
by
Crystal Method
on 24/12/2018, 07:17:09 UTC
Sure, it is possible. Already the price of each digital currency is different in each exchange. It isn't possible to have the same price in all of them, because the demand-supply determines the price and accordingly, the price is different in every exchange.
This is called ''scalping'' and is a way to make some profit. But, the prices are always variable, that's why earning is risky with scalping.
But if you use the right bot, it is possible to make really good profit on scalping!
Post
Topic
Board Altcoin Discussion
Re: the right time to buy ETH.
by
Crystal Method
on 24/12/2018, 07:14:53 UTC
We tend to buy cryptocurrencies when the price is low and affordable so I think we might apply to the current price of ethereum. When buying a cryptocurrency you need to consider if the price will gonna go or down but seems its hard to know. To all people who buy ethereum at its high price just hold it and to all people who start to buy now I hope you can earn income in this coming bull run.

Right thought! As for me it is really a nice time to buy ETH
Post
Topic
Board Trading Discussion
Re: What amount did you start to trade?
by
Crystal Method
on 23/12/2018, 08:42:55 UTC
I've started with 500$. It was amount, which i was ready to lose. I strongly reccomend to use this one main rule. Tradind with such amount which you are ready to lose. Have good profit, guys!