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Showing 19 of 19 results by Paul1991
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Topic
Board Trading Discussion
Which is the most effective method for Coin Trading?
by
Paul1991
on 17/04/2018, 07:25:25 UTC
An effective trading method is which help you make more than losing. But things are not that easy due to constant changes in market, trend, and community.

In my case, trading is not the best option for making profits, holing coin is. Holing can be considered as trading too, in my opinion (You buy coin and wait for the price to increase then sell).

But If you surf the price waves every day, then don’t rush. Having control of emotions is the key. Don’t rush to trade again when losing or jump in the pool with a bunch of orders when winning. Again, control your emotions and don’t be greedy. When losing, just stop trading, listening to music, have some beer, hang out with your friends… do anything needed to wash down that negative feeling then get back to trading with a cold head. When winning the lottery, don’t rush to enter an order yet. Observe the market and think twice before making decisions. Social network, group chat or even friend’s comment can be a great advice at this time.

That's my way, how about yours?
What trade coin method do you think works best?

Post
Topic
Board Altcoin Discussion
Re: Guidance for Capital distribution in Coin Trading
by
Paul1991
on 16/04/2018, 07:47:47 UTC
Good example
Post
Topic
Board Speculation
Re: Is there any chance for Bitcoin this year?
by
Paul1991
on 14/04/2018, 02:32:17 UTC
Price will increase. But for how long. Should investors sell BTC at this time with high prices?
Post
Topic
Board Speculation
Is there any chance for Bitcoin this year?
by
Paul1991
on 13/04/2018, 10:26:06 UTC
Four months ago, Bitcoin had almost touched the $10,000  milestone. But since reaching a peak of $ 840 billion in early January, the market has plummeted to 70% and is not recovered since. All efforts are meaningless as the total market capitalization is still sliding down from the peak of $ 500 billion. However, Increased in crypto price now and crypto maket value of 22.2%.

What right in the past doesn’t right in the future. But it seems to be right in Bitcoin case. The average downtrend of this Coin is 71 days and the market, as the cycle returns, witness an uptrend. This was clearly demonstrated last month when the BTC rebounded 20% from the low point on February 26.

A slight recovery followed by a deep correction is a part of a two-month cycle of the crypto. Traders have been looking for a cause of the downtrend and even found evidence of a selloff occurred despite the news.


Laws and regulations are necessary but what Crypto need most right now is acceptance and permission for business. Analysists are also agreed that news of the wider acceptance of crypto can be used as a strategy to maintain the uptrend. Applications on improving transactions speed can be used with the same purpose.

 Still, Cryptocurrency will still an important field whether we can reach $ 1 trillion this year or not. The emergence of trade organization, the relentless promotion of ETFs reinforced by the bitcoin, and the commonality of blockchain, shows that a paradigm shift is underway. But It cannot tell the future of Bitcoin and the extension of the market.

At your point of view, Does Bitcoin have a chance?
Post
Topic
Board Altcoin Discussion
Re: Coin holding strategy
by
Paul1991
on 12/04/2018, 04:26:59 UTC
This is my strategy for coin holding, let’s have a look and let me know what you think.

I will divide into 3 sub-strategies:

A. Holding until a certain target is reached
For example, you buy BTC at the price of $3,000 and will only sell when it reaches $15,000. This is the most basic, yet the least effective strategy. If the price goes up to $14,800 and then drops, maybe you will have to wait another year. Who knows?

B. Flexible holding:
 This is, on the other side, the most effective strategy. This one gives priority to the amount of coin.To be specific, if you hold BTC, then your aim is to maximize the BTC amount you get. For example: You buy BTC at the price of $3,000 and sell when it increases to $4,500. Afterwards, use this money to get BTC, which is then priced at $4,000. Repeat the process again and again, and you can accumulate your BTC amount.
The key here is to remember: you are holding, not trading. Before deciding to sell at $4,500, you should be pretty sure that the price is gonna fall below that level in the time to come. It means that even if the price rises up to $10,000, but there is no sign of an upcoming decline (down to $9000, for example), then you shouldn’t sell.
However, if the price is currently $6,000, and anticipated to fall to $5,000, then it’s worth selling.
So, the thing is: only sell if you can buy at a better price. In case the price goes up after you sell, please buy again, even at a higher price. Frequent performance of trading (buying and selling) is not encouraged to limit such cases. However, if you are sure about a future drop in price, you shouldn’t miss the chance to rapidly increase your coin amount.

C. Long-term holding
This form is often applied for your trusted long-term coin/project. You can buy and wait until the market is saturated or when the trend becomes clearer. This is a true investment, constituting high risk and little chance of success. However, a good project will surely pay you back.

Hi, I think, the best way to safely capture the overall growth of cryptocurrency is to diversify and reap the benefits of growth from multiple coins.
thanks for your opinion. That's a good idea
Post
Topic
Board Altcoin Discussion
Re: Coin holding strategy
by
Paul1991
on 12/04/2018, 04:24:54 UTC
This is my strategy for coin holding, let’s have a look and let me know what you think.

I will divide into 3 sub-strategies:

A. Holding until a certain target is reached
For example, you buy BTC at the price of $3,000 and will only sell when it reaches $15,000. This is the most basic, yet the least effective strategy. If the price goes up to $14,800 and then drops, maybe you will have to wait another year. Who knows?

B. Flexible holding:
 This is, on the other side, the most effective strategy. This one gives priority to the amount of coin.To be specific, if you hold BTC, then your aim is to maximize the BTC amount you get. For example: You buy BTC at the price of $3,000 and sell when it increases to $4,500. Afterwards, use this money to get BTC, which is then priced at $4,000. Repeat the process again and again, and you can accumulate your BTC amount.
The key here is to remember: you are holding, not trading. Before deciding to sell at $4,500, you should be pretty sure that the price is gonna fall below that level in the time to come. It means that even if the price rises up to $10,000, but there is no sign of an upcoming decline (down to $9000, for example), then you shouldn’t sell.
However, if the price is currently $6,000, and anticipated to fall to $5,000, then it’s worth selling.
So, the thing is: only sell if you can buy at a better price. In case the price goes up after you sell, please buy again, even at a higher price. Frequent performance of trading (buying and selling) is not encouraged to limit such cases. However, if you are sure about a future drop in price, you shouldn’t miss the chance to rapidly increase your coin amount.

C. Long-term holding
This form is often applied for your trusted long-term coin/project. You can buy and wait until the market is saturated or when the trend becomes clearer. This is a true investment, constituting high risk and little chance of success. However, a good project will surely pay you back.


Well my strategy right now is C, I am holding good coins for a long term and know that they will their value with the time but this investment needs alot of patience. Your strategy B looks promising as well. I haven't trade in this way yet.

thank for your opinion!
Post
Topic
Board Altcoin Discussion
Re: Coin holding strategy
by
Paul1991
on 11/04/2018, 04:41:32 UTC

I like the strategy C. Long-term holding
But, what if when we need the money and the coins we hold have not reached the target?
We have to withdraw money in some cases. You should make decisions based on the situation and your personal needs in order to optimize profit.
Post
Topic
Board Altcoin Discussion
Merits 2 from 1 user
Coin holding strategy
by
Paul1991
on 10/04/2018, 02:29:43 UTC
⭐ Merited by tdeannova (2)
This is my strategy for coin holding, let’s have a look and let me know what you think.

I will divide into 3 sub-strategies:

A. Holding until a certain target is reached
For example, you buy BTC at the price of $3,000 and will only sell when it reaches $15,000. This is the most basic, yet the least effective strategy. If the price goes up to $14,800 and then drops, maybe you will have to wait another year. Who knows?

B. Flexible holding:
 This is, on the other side, the most effective strategy. This one gives priority to the amount of coin.To be specific, if you hold BTC, then your aim is to maximize the BTC amount you get. For example: You buy BTC at the price of $3,000 and sell when it increases to $4,500. Afterwards, use this money to get BTC, which is then priced at $4,000. Repeat the process again and again, and you can accumulate your BTC amount.
The key here is to remember: you are holding, not trading. Before deciding to sell at $4,500, you should be pretty sure that the price is gonna fall below that level in the time to come. It means that even if the price rises up to $10,000, but there is no sign of an upcoming decline (down to $9000, for example), then you shouldn’t sell.
However, if the price is currently $6,000, and anticipated to fall to $5,000, then it’s worth selling.
So, the thing is: only sell if you can buy at a better price. In case the price goes up after you sell, please buy again, even at a higher price. Frequent performance of trading (buying and selling) is not encouraged to limit such cases. However, if you are sure about a future drop in price, you shouldn’t miss the chance to rapidly increase your coin amount.

C. Long-term holding
This form is often applied for your trusted long-term coin/project. You can buy and wait until the market is saturated or when the trend becomes clearer. This is a true investment, constituting high risk and little chance of success. However, a good project will surely pay you back.
Post
Topic
Board Development & Technical Discussion
Re: DagCoin: a cryptocurrency without blocks
by
Paul1991
on 05/04/2018, 10:05:46 UTC
Agree, luckily for us our design solves this issue in a sidechain-like manner.
Post
Topic
Board Service Discussion
Re: How does cloud mining work?
by
Paul1991
on 04/04/2018, 07:48:21 UTC
I appreciate the effort for writing this post, but whatever with a good suggestion of cloud mining negative side will still carry the whole lot. Its not even profitable to those who want to invest in this kind of scheme. Though there are some who profit but still I will not recommend it.

thanks for your opinion
Post
Topic
Board Service Discussion
How does cloud mining work?
by
Paul1991
on 03/04/2018, 01:58:44 UTC
Cloud mining would be useful for those who don’t  have mining techniques or want to invest in bitcoin mining without the hassle of managing your own hardware. If your local electricity price is high - for example in Germany - you should hire miners whose local electricity price is much lower than that in America.  Smiley

First, you should make a decision on what providers you want to cooperate with.

Then, clarify the transactions you want to make - whether it’s a 500GH or 1000GH contract- and the contract conditions. Most Bitcoin contracts last for 1 year; however, some might last forever (This might sound great if the Moore’s law is true. Then the processing power for computers will double for every 18 months. It means Bitcoin mining companies will face up with great loss in the near future if the hash rate keeps increasing.) Some providers might offer short or medium-term contracts which last for 6-24 months.

All you need to do is to pay in advance for the transaction or pay in dollars on PB mining. They make sure everything will be well done. Then you will receive a constant amount of BTC in your personal wallet.

Some mining contract providers will charge fees during the contract, and sometimes, it might be a scammer. That’s why we are here to provide you with short-listed prestigious providers for cloud mining.

Good luck!  Cheesy
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [Airdrop]The First ETF-like Index Cryptocurrency Exchange BBX.COM Airdrop
by
Paul1991
on 02/04/2018, 04:22:43 UTC
The max amount of reward to one user is not limited, so it's able to gain a lot of  bbx if you have enough friend.
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin become a daily currency???
by
Paul1991
on 02/04/2018, 04:13:19 UTC
Hopefully in the future bitcoin enthusiasts make a way for thid high volatikity rate to be banished. Whicj will be a great help.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] #3 [XUN] UltraNote is READY, Everyone is welcome to mine.
by
Paul1991
on 31/03/2018, 02:42:47 UTC
okay thanks! What d'ya think - how long would it take to get listed on anyone?
Post
Topic
Board Altcoin Discussion
Re: G20 financial heads to urge crypto-asset monitoring to safeguard financial stabi
by
Paul1991
on 27/03/2018, 07:22:17 UTC
Now that crypto is gaining more and more ground, governments cannot sit back and watch any longer. The question is, do they want to regulate it so that they can be a part of the new digital change, or are they trying to destroy it by eliminating everything that attracted people in crypto on the first place?

Next time, there will be official decisions
Post
Topic
Board Altcoin Discussion
Re: G20 financial heads to urge crypto-asset monitoring to safeguard financial stabi
by
Paul1991
on 24/03/2018, 04:34:08 UTC
[BRUSSELS] The world's financial leaders will call on international standard-setting bodies on March 20 for stronger monitoring of crypto-assets and to assess the need for a multilateral response as such assets could at some point threaten financial stability.
See more: https://www.businesstimes.com.sg/banking-finance/g20-financial-heads-to-urge-crypto-asset-monitoring-to-safeguard-financial-stability



Everything should be more cautious
Post
Topic
Board Altcoin Discussion
Re: G20 financial heads to urge crypto-asset monitoring to safeguard financial stabi
by
Paul1991
on 23/03/2018, 10:24:07 UTC
"Crypto currencies, however, raise issues with respect to consumer and investor protection, tax evasion, money laundering and terrorist financing. At some point they could have financial stability implications,". I believe in bitcoin 50%.

do not trust anything 100%
Post
Topic
Board Altcoin Discussion
G20 financial heads to urge crypto-asset monitoring to safeguard financial stabi
by
Paul1991
on 22/03/2018, 09:03:15 UTC
[BRUSSELS] The world's financial leaders will call on international standard-setting bodies on March 20 for stronger monitoring of crypto-assets and to assess the need for a multilateral response as such assets could at some point threaten financial stability.
See more: https://www.businesstimes.com.sg/banking-finance/g20-financial-heads-to-urge-crypto-asset-monitoring-to-safeguard-financial-stability

Post
Topic
Board Service Discussion (Altcoins)
Re: KYC of bounty hunters
by
Paul1991
on 02/03/2018, 09:17:04 UTC
I'm new to ICO. Many people have got their benefit x3 or even x10 when they make an investment in ICO. I want to learn more about the upcoming ICOs. Please share your experiences. Thank you!