Search content
Sort by

Showing 20 of 79 results by DarkEagleMan
Post
Topic
Board Trading Discussion
Re: technical vs strategy
by
DarkEagleMan
on 15/05/2019, 22:14:20 UTC
I think the essence of the article is how difficult it is for many to invest properly in the crypto market, so they do nothing but follow the indications and recommendations of supposed gurus with all the risks that this implies.

And it is certainly true, because I think that the futility of technical analysis in the crypto market has become clear to most (in fact, many reject the possibility that the TA is useful in any market) so they base their decisions on mere hunches and emotional impulses.
Post
Topic
Board Altcoin Discussion
Re: XRP rises quickly!
by
DarkEagleMan
on 14/05/2019, 23:10:46 UTC
It is undeniable that Ripple has grown impressively this week, but after the severe downturn that it has been dragging throughout the year it is still far from reaching the levels of capitalization that reached several months ago, and for those who put more emphasis on the value of a crypto in terms of its bitcoin value, Ripple still remains one of the worst investments this year, far from offering any profit for those who exchange our valuable bitcoins by XRP at the beginning of the year.
Post
Topic
Board Speculation (Altcoins)
Re: altcoin growth too slow?
by
DarkEagleMan
on 14/05/2019, 22:52:03 UTC
It is to be expected that after the painful experiences that many investors had over the last few months, they tend to be more cautious when it comes to investing in this unpredictable market, and that is why most of them prefer to return in a conservative mode, without taking excessive risks, and for all it is known that bitcoin has become one of the stores of value preferred by investors, that is why we see a growth in bitcoin that tarnishes the one that the other altcoins are experiencing, but I see it probable that once the bitcoin market stabilizes its current euphoria, investors turn to observe and invest in other altcoins.
Post
Topic
Board Trading Discussion
Re: It's time for us to return to being great traders ...!
by
DarkEagleMan
on 12/05/2019, 23:48:38 UTC
Is only an immature trader that sees bull times as the only or appropriate time to make profit in trade. A good trader makes profit even in bear market. He/she milks the market at anytime he is convinced for a trade.

I agree with you in the essential, but you have to keep in mind that the nature of the crypto market is very different from that of traditional markets, so much has been insisted that the ideal strategy in the specific case of bitcoin is to buy and "hodl" "as a long-term investment. And that is why a bear market does not serve at all to fully comply with the primordial "commandment" of a bitcoin holder.
Post
Topic
Board Altcoin Discussion
Re: WHAT TO DO ABOUT 2019?
by
DarkEagleMan
on 11/05/2019, 20:25:10 UTC
While it is true that the market has evolved and the conditions of it are very different from those observed in 2017, I think we are at an ideal time for the market recovery to consolidate and we can return to see the bitcoin around $10K this year. However, after suffering throughout 2018 I think we should learn from that experience to avoid repeating the same euphoria that leads us to make bad decisions.

 Sometimes it is convenient to get away from coinmarketcap a bit, to make our lives away from the monitors and to let things go by themselves.
Post
Topic
Board Trading Discussion
Re: Crypto trading tips based on years of experience --- by Raja
by
DarkEagleMan
on 10/05/2019, 23:59:08 UTC
Thanks for your advice. They are very interesting and worth following some of them, always taking into consideration that the trader is always an eternal apprentice, and even the best available strategies should always be adapted to the personality and style of each individual trader, but undoubtedly your experience is very useful for those of us who are hardly in the process of learning in this difficult profession.
Post
Topic
Board Altcoin Discussion
Re: Don't follow the hype
by
DarkEagleMan
on 10/05/2019, 23:37:05 UTC
Fortunately, after a sad period of bear market, where the vast majority lost up to 90-95% of their investments, we have all learned to be more analytical when choosing where to invest our money, since it has been demonstrated that the ICOs (and now the IEOs) were only business for lucky few, but a great failure for the majority.

And in fact, this caution must be applied to all matters related not only to the crypto-universe, but to all kinds of online investments, where there have always been plenty of people willing to take away our money.
Post
Topic
Board Altcoin Discussion
Re: Poloniex will become great again!
by
DarkEagleMan
on 08/05/2019, 23:52:00 UTC
Unfortunately times go by and it is difficult for an exchange to return to its previous leadership in the face of the continuous emergence of new exchanges, which has made the market increasingly competitive for the benefit of users.

I have no doubt that Poloniex will continue to be an important reference in this sector, but I find it difficult that before a giant as powerful and competitive as Binance there is enough space to recover the lost investors.
Post
Topic
Board Altcoin Discussion
Re: LESS REWARD
by
DarkEagleMan
on 08/05/2019, 23:26:10 UTC
I also agree that the best times of the bounty rewards seem to have gone forever, with no possibility of returning. But fortunately this gradual fall has taken several years to reach the current situation of decline, so that those who truly committed to make a life of online business had enough time to learn to trade or learn about other business schemes online, and thereby guarantee our long-term financial viability.

The lazy people who during all these years only dedicated themselves to live on the bounty rewards are those who today go through bad times, and without a doubt deserve the scarcity they suffer today.
Post
Topic
Board Altcoin Discussion
Re: Am done with KYC
by
DarkEagleMan
on 07/05/2019, 23:12:20 UTC
There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

It is difficult to generalize about it, because not all projects that require KYC are scams, nor all projects that do not require KYC have been successful. However, it is true that we must be very cautious when it comes to providing our online information, although it is really difficult to identify which project will be successful enough in the future to be worth risking to give our personal data. In any case, common sense must always prevail.
Post
Topic
Board Mercado y Economía
Merits 3 from 1 user
Re: Algún país podría adoptar una Criptomoneda?
by
DarkEagleMan
on 05/05/2019, 20:09:13 UTC
⭐ Merited by DdmrDdmr (3)
No veo forma alguna en que esto llegue a pasar, dado que por ningún motivo el Estado estará jamás dispuesto a perder la soberanía en la política monetaria, usualmente encomendado al banco central de cada país. Por eso no debe extrañarnos que tanto los bancos centrales como el Banco de Pagos Internacionales (el banco central de los bancos centrales) han sido especialmente críticos y ariscos en contra de cualquier intento por regularizar el uso de criptomonedas en los estados afiliados.

Solamente un estado fallido, liderado por grupos anarquistas podría en algún momento dado proponer la estandarización de criptos como moneda emergente, pero incluso tan pronto como las instituciones se reintegren a la normalidad tenderían a centralizar la política monetaria.

Por lo tanto, solo podremos aspirar a una regulación más permisiva con el uso de criptos, pero no mucho más.
Post
Topic
Board Speculation (Altcoins)
Re: Will you stake your token to make profit?
by
DarkEagleMan
on 05/05/2019, 19:26:50 UTC
In my personal case, I have significant amounts of a couple of POS cryptocurrencies, but one of them offers me only 4.5% per year, the other just over 6%. To be honest, I do not understand what is the incentive to stake with such low returns, because there are even banking investments that offer up to double or triple those returns, which is why I prefer to increase my profitability through trading than staking.
Post
Topic
Board Altcoin Discussion
Re: What would you do to recover your losses?
by
DarkEagleMan
on 04/05/2019, 19:15:19 UTC
You have a long list of altcoin portfolio that have tanked down by 90% since you participated in the ICO.  What was $5000 is now worth $500.  You are at a loss of $4000 and there happen to be an upcoming token sale that is pretty hyped.

You are in desperate need to recover your losses and you plan to invest in that hyped token sale in hope that you can earn 5-10x.  Would you:

1. Pump fresh fiat out of your pocket into the token sale or
2. Trade off the the altcoins you have for BTC/ETH and invest into that hyped token sale.


Share your thoughts.

To be honest, I have learned the lesson of not being too enthusiastic about the profit potential that an ICO can offer me, which is why I would hardly feel so urged to obtain funds to invest quickly.

In any case, I always try to have a reserve of bitcoins/ether for any emergency, because I have never invested fiat money from my pocket in any ICO or online business.
Post
Topic
Board Economics
Re: bitcoin goes down, no new rich people anymore
by
DarkEagleMan
on 04/05/2019, 18:36:26 UTC
Undoubtedly, in these times when the price of bitcoin has remained well above $5000, when for most of its existence it remained well below $1000, it is difficult for those who are just entering the business of speculation in cryptocurrencies they get rich overnight, and that is why these days we are seeing the interest of institutional investors to enter the market.

This means that even if the flow of new capital in the market continues to rise, this will only be enough to generate good dividends but as an investment in the medium and long term.
Post
Topic
Board Speculation
Re: With Bitcoin roaring to the North, any hope for waiters of $1800 bottom?
by
DarkEagleMan
on 03/05/2019, 22:24:51 UTC
Given the undeniable popularity and growing acceptance that bitcoin has had over the months, regardless of the great volatility that is still observed in its price, it seemed to me that the market had very undervalued the price of bitcoin and what we are now observing it is a correction that is already necessary, since the arrival of cryptocurrencies to the real economy is a fact, and it is time for investors to reactivate their confidence in the power of bitcoin as a reliable investment instrument in the long term, which is why I find it difficult that from here on we get to see the price of bitcoin below $2,000.
Post
Topic
Board Altcoin Discussion
Re: Are altcoins useless?
by
DarkEagleMan
on 03/05/2019, 21:33:36 UTC
I also think that this economy could subsist perfectly with a few cryptocurrencies, which in practice is happening tacitly: it is enough to check coinmarketcap to realize that only the first 10 cryptos occupy 90% of capitalization, while all the others have to subsist with only 10%.

Now, we must be aware that the vast majority of these listed altcoins are not true coins, but tokens, and in that case many of them do have a justification to be created to solve a problem or for a practical and very specific use.
Post
Topic
Board Altcoin Discussion
Re: Mass Adoption = Instant mobile transactions
by
DarkEagleMan
on 02/05/2019, 22:56:08 UTC
I believe that the use of the mobile phone to carry out instant transactions would not help too much the massive adoption of cryptocurrencies, because the vast majority of people use the mobile for communication and entertainment purposes, not to carry out their financial transactions. In fact, there are already banking applications capable of doing this, and yet its use is not widespread.

But perhaps the acceptance of the banks to carry out transactions with cryptocurrencies could be more useful in that sense, as well as the use of simple platforms to make minority purchases in neighborhood stores and department stores.
Post
Topic
Board Bitcoin Discussion
Re: The use of Crypto currencies in our country.
by
DarkEagleMan
on 02/05/2019, 21:49:59 UTC
In my country the issue of the adoption of cryptocurrencies in the real economy is very slow, although it is undeniable that every day there are more options to buy bitcoins or spend what we already have, but in general terms the vast majority of the population is still too indifferent to this issue, so the matter of bitcoin seems to be restricted to a very small sector of the population, especially young people whose careers related to computational issues have led them to get involved in the crypto-universe. Outside of them, there are not too many agents operating in the crypto market.
Post
Topic
Board Altcoin Discussion
Re: Why we should belive Crypto?
by
DarkEagleMan
on 30/04/2019, 20:53:57 UTC
Should we support crypto fully or can we believe about this? Seeing that the people who took the hypothesis of the crypto were very losers. Because this year there is a lot of price fall.
People was being busy with crypto, but nobody can not want to take losses. But they got.
They who think it's worthless just because the price fell are just weak hand. We don't need them in our community because they will just ruin the value of crypto currency because they will sell at loss whenever the market crash. [...]

However, in an open market like this both are necessary, both the seller and the buyer, because in this way we keep the market active and the cryptoeconomy is strengthened. In fact, I find even more inconvenient the attitude of many who have only devoted themselves to accumulating cryptos without giving them a real use, only to have them stored as a long-term investment. If we all had the attitude of "hodlers" this market would be stagnant and practically dead.
Post
Topic
Board Altcoin Discussion
Re: What will happen to ICO if.......
by
DarkEagleMan
on 28/04/2019, 21:20:58 UTC
In fact, all cryptouniverse would be severely affected by a fall of such magnitude, since even mining and trading would no longer be profitable enough for many.

But even if the bitcoin price did not fall to such a low level, it seems that the business model of the ICOs is already going through a severe crisis and that is why they are now trying to reinvent themselves through the IEOs, without that this guarantees that investors' confidence can be regained again.