Have you ever experienced doing trade and ended it up by #HODLING? (You bought a coin and waiting to pump, but unfortunately it dumps, and decided to wait for it until it pumps) Have you ever experienced liquidated on Margin Trading Exchanges? (Huge red/green wick candle? )
I want to share my weapon against that situation. Meet, STOP-LOSS. What is Stop-loss? Stop-loss is accepting your loss on the trade or you are minimizing your loss or cutting loss before getting rekt in ahead of time.
Most of the exchanges don't have Market Stop-loss only the Limit stop-loss as far as I experienced different exchanges.
Conclusion Using stop-loss is not worst at all. Accepting our loss is not bad. Minimizing our loss is absolutely good than maximizing it. There will be a good trade set-up. Not all the time are good to trade, sometimes the best trade is not to trade.
I don't really consider myself as a trader yet, other than your usual transaction transfer. And although I've somehow heard or read about this before, but definitely not as detailed as you've explained it here for us.
Thanks for the tip and for taking the time to teach the rest of us, newbies, to be more confident when trading later!
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BoardTrading Discussion
Re: Don't trade what you can't risk loosing
by
JustMyFewCents
on 08/04/2020, 04:41:46 UTC
Re: Don't trade what you can't risk losing, this old investment advise still holds true to this day and also applies to crypto in general as well.
If they can convince people of the false-flag, sure, and that has proven to be a fairly trivial achievement. Certain groups sort of specialize in doing such things. So happens that same have a fair bit of pull in both mainstream media circles and social media platforms.
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If someone owes you a lot of money, you can hire a collection service and pay them a fee. The United States people owe the Federal Reserve basically every person, place, and thing in the country to this private entity after 100 years of borrowing debt-based money at interest. The Fed is probably largely an off-shore entity, but they are protected by banking secrecy laws (hence the 'audit the fed' thing) so nobody really knows.
I suspect that China will act as the collection service and will get a cut over and above what they are already owed.
I suspect that Zionists have been effectively in charge of the U.S.'s political arms for long enough to have seen compromised butter-bars promoted up through Major General so I don't anticipate much 'defense' from our military.
I suspect that for a similar reason China could win a war almost without firing a shot if that was the will of our Zionist controllers...who have moved their financial capital to China already over the past several decades and are teaching their kids Mandarin (mostly to control their new hosts.)
I suspect that the so-called 'left wing' will not only not resist but will welcome the Chinese with open arms to 'save us from Trump' or whatever. That trial balloon has been floated in such states as California for some time, and the controlled media cannot stop gushing about how the Chinese society is so great that they can build a hospital in two days.
What 99.9% of the goyim don't know (because they don't get brainwashed in yeshivas) is that they themselves are just about to go crazy and do another holocaust on the Chosen People. Thus, it is morally acceptable for the 'victims' to strike them first out of 'self defense.'
Re: "the controlled media cannot stop gushing about how the Chinese society is so great that they can build a hospital in two days," if I'm not mistaken this hospital actually collapsed after a few days (or weeks).
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BoardEconomics
Re: What is the best Cryptocurrency to Invest?
by
JustMyFewCents
on 02/04/2020, 07:14:37 UTC
It's still btc hands down right now! But it would still largely depend on whether you hodl or trade and other factors aside that would really determine which is more valuable instead.
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BoardAnnouncements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
I see. Yeah, now Im wondering what is going the be the best scenario moving forward with dcb and rift combined. Hopefully it's gonna make ilc the way we all wanted it to be!
I believe it's going to be the best of the best scenario in terms of blockchain scalability.
The bottom line, more partnerships, widespread usage, and accessibility are all that's really needed for ILCoin to be in the top 10 cryptocurrencies in the world.
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BoardAnnouncements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
Mind you, other cryptocurrencies have already done it. They just don't have what ILCoin has in terms of technology, in order for their vision to be future proof instead.
some of them only have it written in paper buddy, but with no real proof of development. this is where ilcoin best the rest because of its transparency to its users!
Yeah, can you at least try to expound on your comment earlier, in case we may have all misunderstood.
Mind you, other cryptocurrencies have already done it. They just don't have what ILCoin has in terms of technology, in order for their vision to be future proof instead.
some of them only have it written in paper buddy, but with no real proof of development. this is where ilcoin best the rest because of its transparency to its users!
I'm sorry, since you've only quoted my last comment (above), so I'm not sure what you're actually referring to (regarding your comment)?!
Clearly, a stable coin "option" (if possible) is the topic being discussed earlier (please read the "complete thread" shown below).
yup you bet it. hopefully we can stay stable, earth can stay stable and ilc stays stable too.
How about a stable coin solution to resolve your concerns?
Same here, because I was the one who initially asked for that hypothetical question beforehand. And that was actually a reply to your multiple (keyword) "stable" comments earlier.
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BoardAnnouncements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
Okay that's cool,but is there any given time on where we could actually use the web wallet 100% good?
I believe "wait" means "just wait" for the meantime (since no specific timeframe was mentioned), until we receive any further updates or notifications.
Yes that's the latest news in their TG channel, once we've done with the steps 1 and 2 we'll have to wait for the instructions then. https://t.me/ILCoinDevelopmentTeam/63499
Otherwise, why bother posting here? Let's all just go to discuss this on Telegram instead if you prefer.
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BoardAnnouncements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
Well, I was also thinking about it somehow if maybe ILCoin could possibly mix the best of both worlds in terms of having 2 types of currencies: external which is ILC (which is susceptible to volatility) and another that's internal (that could be a stable coin) instead.
Mind you, other cryptocurrencies have already done it. They just don't have what ILCoin has in terms of technology, in order for their vision to be future proof instead.
While true that ILCoin didn't invent cryptocurrency (we have bitcoin to thank for that), but ILCoin definitely innovated itself from other cryptocurrencies by overcoming the scalability issues that are plaguing other competing blockchain technologies.
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BoardAnnouncements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
Let's wait for reality to set in first, before we go on dreaming once again, alright?
All the way to the moon?!
Yeah, in ILCoin we trust!
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BoardAnnouncements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
by
JustMyFewCents
on 16/03/2020, 22:25:25 UTC
I've had log-in problems recently, then 2020 suddenly came in and before you know it, a Palo Alto Networks Partner recently announced that it has certified a 5G block from the ILCoin project after successful testing on a live blockchain network.
Don't get me wrong, launching an IPO would be a nice direction and plan for ILCoin to do.
But I must admit that I never knew they've got any such plans in the works!
This will make ILCoin's stock all the more valuable for all its stakeholders for sure!
Well, with the way things are going so far and if ILCoin does pull this one off from its rabbit hat full of tricks, this one's a hodl no-brainer!
If and when this happens though, this would surely be a blockbuster success! And just maybe, this would be the perfect opportunity for other cryptocurrencies to break and enter uncharted territory as well.
In ILCoin we trust and believe that this will happen, of course.
Also, this would make ILCoin legitimate aside from crossing both boundaries of crypto and traditional investments.
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BoardAnnouncements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
With Rift, it can handle a large amount of data on-chain. And without Rift, it's simple impossible.
Next year, ILCoin Development team is going to work on the DCB platform.
Exactly my point also, since Rift is a step closer to ILCoin's plants towards DCB.
But definitely, not until then, of course.
Either way, ILCoin is now much closer towards utilizing the blockchain technology compared to anyone else on the market, regarding the real usage of the blockchain.
It's definitely a process wherein there are no shortcuts involved in what ILCoin's trying to establish and achieve. As long as ILCoin continue to follow their roadmap timeline, anything's possible for them to achieve.
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BoardAnnouncements (Altcoins)
Re: [ANN] [ILC] ILCOIN-WHERE NOT ONLY CRYPTOCURRENCY IS SMART
Woww lol, more question please okay to make it short, no official final confirmation about that hearsay, and lastly let's enjoy first the 5gb blocks.
Other than to simply celebrate ILCoin's successful fork in achieving that 5GB block size on LiveNet, which is the largest block ever created in the history of blockchain.
Seriously, how do you suggest for anyone to actually enjoy the first 5GB blocks?
The RIFT protocol is the base of the DCB.
With Rift, it can handle a large amount of data on-chain. And without Rift, it's simple impossible.
Next year, ILCoin Development team is going to work on the DCB platform.
Exactly my point also, since Rift is a step closer to ILCoin's plants towards DCB.