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Showing 20 of 273 results by Lighthouze
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Topic
Board Trading Discussion
Re: This will help to improve your trading
by
Lighthouze
on 20/12/2018, 14:35:20 UTC
Like it's often said, there's no single strategy that's best fit.

Stick to your approach and make adjustments where necessary after evaluations.

Trading is a risk, take calculated risks and be willing to take the outcomes as they come; good or bad.
Post
Topic
Board Speculation (Altcoins)
Re: Ethereum Rally into Constantinople Fork / Alt-Season (Risk on)
by
Lighthouze
on 20/12/2018, 14:00:07 UTC
Having that deja vu sensation for the graph that I just saw posted on Twitter, then I read u're the same person  Grin

I think lots of people will be really happy if that happens, but don't we need some bigger event to trigger a decent bull run (not talking about 20/30% but more zeroes)?

Can Alt season start without a previous BTC season?

Sure it can Tongue 

I think alt season is more correlated with eth than btc. 

It's just an idea though...

Kind of excited with this chart and the analysis. But I'm a concerned, is a bull run even more associated with BTC than ETH like we saw in the bull run of 2017? BTC for me was the catalyst for the the kind of growth experienced. Correct me if I'm wrong
Post
Topic
Board Speculation (Altcoins)
Re: Waves will replace ethereum
by
Lighthouze
on 20/12/2018, 13:41:05 UTC
This is just another mere wishful thinking. Waves is a good platform no doubt, but comparing it to Ethereum is foolhardy in my opinion. There has been similar posts like EOS replacing ETH and this has not happened, especially for a project that held a year long ICO. Therefore, ETH for me is in a world of it's own and other projects like Waves can only try
Post
Topic
Board Speculation (Altcoins)
Re: "What will ACTIVATE the next BULL RUN?" - CZ Binance
by
Lighthouze
on 19/12/2018, 13:50:12 UTC
The crypto market is one which is full of surprises and eventualities that will you leave you in awe. Having been in the industry for a while, for me it's hard to say in exact terms what will trigger or activate the next bull run. Many have hinged on BAKKT or a Bitcoin ETF approval. But like we always say, the market has a mind of it's own. Fresh money will be only catalyst to a bull run IMHO.
Post
Topic
Board Speculation (Altcoins)
Re: Which Altcoins still kept its stance and still standing strong from 2017 ranks?
by
Lighthouze
on 19/12/2018, 12:37:49 UTC
I personally still see omisego, siacoin, populous, golem, bancor and others still remaining in the top 100 coins. Just like you, I was surprised that many alt were thrown out and many newcomers were replacing them. Is this fair competition?

Doesn't look like any competition to me. Many of the coins that got replaced on their spots were simply replaced because of the state of the market. The daily trading for those coins simply increased and as such it increased their marketcap alonsgide. This helped them replace other coins on their favourite positions.
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Topic
Board Altcoin Discussion
Re: has the market recovered?
by
Lighthouze
on 19/12/2018, 11:17:45 UTC
yesterday and today I saw all altcoins rising. is this the beginning of the recovery market? if I buy now whether it's good or I have to wait until it's really safe.

give me your opinion, which one should I do.

This is a bull trap. I'll advise you not to be moved by it. If it gets sustained for a while, then that should be some sign the market is recovering. But I still have concerns with the current movement, there was really no news that triggered it. BTC just decided to make that move and alts as we already followed suit. So I'll say this isn't the best time to make any buying decisions yet.
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Topic
Board Trading Discussion
Re: Hodler, you motherfucker.
by
Lighthouze
on 19/12/2018, 10:27:07 UTC
This is like one hard, throat paining, bitter truth most people in crypto including myself don't want to hear. But hey, you just had to tell it not minding whose ox is gored. My major take away from the painfully lengthy post was CAPITAL PRESERVATION , which can hardly be achieved with hodling. Capitals have been drained by the bears market and many in the name of hodling have lost everything to the market that's designed to take from you, except you're wise enough to take from it.
Post
Topic
Board Speculation (Altcoins)
Re: Will Ripple Recover?
by
Lighthouze
on 18/12/2018, 19:02:42 UTC
Ripple like every other coin out there in the space that have gotten a beating in this bears market condition will bounce back should there be a Bitcoin rally. The so called tech of the these coins are meaningless to me if they can't be a stand alone, and not expecting BTC to move before they move price wise.
Post
Topic
Board Altcoin Discussion
Re: Let your consciousness be alive while hodling
by
Lighthouze
on 18/12/2018, 13:43:37 UTC
I will take this up as potential wisdom while holding
Hodling is for the wise and it is not for the lazy

There has to be a constant check up on the progress of the project you are hodling
Close tabs kept on portfolio fof r increase in price as well
And also prompt alertness to information

This is very vital. There's no need to be emotionally attached to a coin, because in the end,  the monetary gains matter most. Only decide to hodl coins with good fundamentals. It should be projects whose teams are actively developing their product and churning out valuable updates. Know when to pull the plug on the coins you're hodling and set targets.
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Topic
Board Trading Discussion
Re: As we all know, the price of the coin can heavily depend on the news.
by
Lighthouze
on 18/12/2018, 13:38:22 UTC
The crypto market in general is heavily reliant on news and this is referred to as FUNDAMENTALS ANALYSIS. Traders rely a lot on fundamentals with technical analyses. News could be positive or negative and they affect the price of a coin in both opposite directions. Negative news like the delisting of a coin from a popular exchange usually has adverse effect on that coin, vice versa.
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Topic
Board Speculation (Altcoins)
Re: altcoin,When will die in batches?
by
Lighthouze
on 18/12/2018, 13:31:57 UTC
A lot of altcoins will die. At the moment, some of them have gotten to their nominal value and some are not being traded at all. If you looking to buy the crash, be careful of what you're putting money into because you might just buy a worthless coin because it's cheap and you end hodling a useless coin hoping for a day it will pump that'll never come
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Topic
Board Trading Discussion
Re: Bitcoin & Ethereum Drop 3%
by
Lighthouze
on 14/12/2018, 15:33:49 UTC
If ethereum falles 35% or 100% more there are still some people who buy it because they trust in Ethereum future , so As long as there are demands for the Ethereum market , It won't die , And I don't think ethereum whales would like to see its death because they are whales!
We are in a bear market, so everyone is affected including Ethereum. I'm sure Ethereum whales are very happy buying tons of it because the price is very cheap and if ever if the price goes down to $50-$25 casual investors will see that as a perfect time to buy and became a bagholder themselves. Definitely there will be demands, remember that every token project is based on Ethereum's ERC-20 technology, so definitely there's no shortage of demand, its that buyers are being outnumbered by sellers.

The problem with ETH is that a lot of the demand is cyclical. Most of it comes from ICOs rather than transaction fees, dapps etc. These ICOs raise huge amounts of ETH but then at some point they need to sell it. When the ETH price looks precarious you'll see them all start dumping so they can fund development and it leads to a downward spiral. The same is true for BTC but not quite to the same extent.

The price of ETH will continue to dwindle with the poor performance of ICOs at the moment and with ICO project teams dumping insane amounts of ETH on the exchange, not forgetting the scam projects as well. If ETH is going to experience any price gains, I think at this point it's only going to be drive by Bitcoin and the road to recovery will be long and rough
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Topic
Board Speculation (Altcoins)
Re: NEO: price prediction 2019
by
Lighthouze
on 14/12/2018, 13:16:29 UTC
The demand for NEO is dwindling fast and no thanks to the current market situation, not too many projects are launching on the platform to steer demand. I think should the market continue this way to the most parts of 2019, NEO might go real lower than the current prices. A growth in NEO price in 2019 will be largely stemmed from any growth that BTC enjoys
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Topic
Board Altcoin Discussion
Re: Where to find the best Bounty Campaigns
by
Lighthouze
on 14/12/2018, 12:51:44 UTC
There are quite a number of Bounty sites such as have been mentioned already, reason I won't be stressing them any further. The real question is, of what value is a bounty campaign in a distressed market when the tokens you would receive are almost worthless. If you're going to be doing it for the accumulation of some tokens, then by all means go ahead, but if you're looking to profit from it, then just know you'll be wasting your time and effort
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Topic
Board Speculation (Altcoins)
Re: End of ethereum?
by
Lighthouze
on 13/12/2018, 10:56:47 UTC
Ethereum is a great use case, if not for anything, the fact that it's the fuel needed to launch on the Ethereum Network. So long as ICOs continue to get launched on the platform, ETH will continue to valid. I just feel the price growth of ETH especially in 2017 wasn't organic enough, it rode the tide BTC enjoyed and so the road to it's ATH will be rough and long, except of course the fundamentals are in it's favour.
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Topic
Board Trading Discussion
Re: Which is better option for trading Bitcoin or stocks ?
by
Lighthouze
on 13/12/2018, 10:17:51 UTC
it is a matter of experience. you can't say which one is better than the other when it comes to trading. they both have pros and cons of their own too. for example bitcoin is more volatile while it is more profitable. but stocks are less volatile and less profitable while at the same time they have risks of dropping hard like these days.

for someone who has spend years in stocks market and traded them so he has a lot of experience: stocks

for someone who has spend a long time in bitcoin market and traded bitcoin so that he is familiar with how it works: bitcoin

for someone who has no prior trading experience and has never been in any market: neither!

This response sums it all. The higher the volatility, the higher the profitability, vice versa. All in all, experience is key.

Before you consider trading at all, be it Bitcoin or stocks, you need to learn the intricacies of trading before committing money into it.
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Topic
Board Service Discussion (Altcoins)
Re: Can I earn 1 bitcoin in 1 year through bounties ??
by
Lighthouze
on 13/12/2018, 09:53:53 UTC
Looking to earn 1 BTC from bounties in this current market condition is like trying to force a cow through the eye of a needle my friend. Even with a bigger rank on here, it's difficult to earn that much within a year. I'll advise you get a job as soon as possible as trying to rely on bounties for a living will leave you in hunger. A lot of projects have going through tough times at the moment and they're not able to raise money from the market as it is because people are unwilling to invest. So you find situations where ICOs are cancelled and bounties discontinued. This will pose a big problem for you for cash flows
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Topic
Board Altcoin Discussion
Re: Should ICOs be regulated
by
Lighthouze
on 03/12/2018, 10:23:25 UTC
A reasonable regulation won't be out of place as it's become obvious that the P2P decentralized system isn't enough to increase the marketcap of cryptos and extension their prices. ICOs need to be regulated to make this space attractive to institutional investors and also to weed out the scam projects whose sole aim is to defraud the investing public.
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Topic
Board Trading Discussion
Re: Who reads the whitepaper of a crypto-project?
by
Lighthouze
on 03/12/2018, 10:10:16 UTC
A lot of people in this space do take out quality time to read whitepapers to at least understanding what they're putting their money into. Unfortunately, this in itself doesn't imply it's a prerequisite for investing in a great project. This is because whitepapers are fast becoming nicely written fancy documents with no real intent of achieving
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Topic
Board Trading Discussion
Re: Be careful with fake exchanges
by
Lighthouze
on 01/12/2018, 18:28:00 UTC
It's very important to bookmark the favourite sites you visit often. These crooks have devised a means of cleverly cloning these sites and it's very difficult to detect for the non-discerning