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Showing 5 of 5 results by TheAltPainter
Post
Topic
Board Speculation (Altcoins)
Re: GUIDE: How to determine what coin to buy
by
TheAltPainter
on 14/06/2017, 05:36:59 UTC
This is nice art, read it and joined telegram group. Every newbie altcoin trader should read it Grin
Thank you, and welcome in the group Smiley.

It's an ok article, not really in-depth but has a couple of valid points.
Not this tho:
"If you’re new to trading, i would advice you to not go all in early on"
Never go all in, not early on, not later on.
Why whould you?

I agree with you that you should never go all in, in a trade. I should have specified that, what i do want to say that i find it wise choice to make concentrated buy's, But yes indeed, i agree; never go all in.
What I see in altcoin markets is that usually in the short term there is a lot of volatility and a lot of newbie traders think that it's good to just trade that short term volatility. But really the big profits are in the long run. Usually a coin has its own pump/dump cycles(dogecoin comes first to mind). When you hold for the long term you will usually experience a lot more profits as demonstrated by this altcoin pump.

Another good point you mentioned is never margin trade. I think that this is one of the most common mistakes, newbies thinking that it's good to take out a loan to trade with so they get more capital. It will only mean that you'll lose more and win more, plus you have to pay interest. So basically can't do margin trade for the long run and have to stick to the short term which is more risky.

Great article OP, keep it up.
Great comment, Thanks Smiley.
Hi there! So in my quest to giveback to the community i started a community on Telegram where i try to help out other traders. Here i got a lot of questions on the subject on how to buy the right coins.

So what did i do? I answered the questions, and later compiled an article on the subject.
http://thealtpainter.com/2017/06/11/hey-should-i-buy/

I would love your thoughts on it!  Smiley

Greetings,
TheAltPainter
Nice to find out, you are rendered this services for free  and many of us traders will patronising you great advise and investment direction. Hope you do this for along time and create this great community of traders on telegram. Thanks
Smiley. Well thank you!
I hold LITECOINS since 2 months.They are not pumping the coin i was waiting for that the worst coins buyers getting more profits
Be prepared to hold as long as you need to & if you need any help or advice visit our telegram group Smiley.
Thanks for this lovely source. Some them are the tactics I already use but I learn something new as well.
Thanks, thats really awesome to hear!
Most of this strategies are some of the rear strategy I do use and some of them are new to me. Op thanks you very much for this free stuff you post here. I will try to apply this guide you share in my future trading analysis. Once again thank you very much.
Ofcourse, you're welcome Smiley.


Post
Topic
Board Speculation (Altcoins)
Topic OP
GUIDE: How to determine what coin to buy
by
TheAltPainter
on 11/06/2017, 20:16:39 UTC
Hi there! So in my quest to giveback to the community i started a community on Telegram where i try to help out other traders. Here i got a lot of questions on the subject on how to buy the right coins.

So what did i do? I answered the questions, and later compiled an article on the subject.
http://thealtpainter.com/2017/06/11/hey-should-i-buy/

I would love your thoughts on it!  Smiley

Greetings,
TheAltPainter
Post
Topic
Board Altcoin Discussion
Re: What your favorite altcoin
by
TheAltPainter
on 05/06/2017, 10:01:53 UTC
I really, really like MUE.

Post
Topic
Board Economics
Re: New rich people thanks to BTC
by
TheAltPainter
on 05/06/2017, 09:55:01 UTC
That's a good calculation. Lot many people as well users of our forum might be using bitcoin when it was around $300, but none could have thought that the price could peak this high. Their ignorance now make them feel, because if they have considered it with trust, they could have got richer by now.

The only real hodlers are the early adopters. Mostly of those joining bitcoin now are speculators and traders who will buy low, sell high. They will sell at every profitable opportunity and buy back on dips. That is not bad way to get rich as well. Holding and wishing the price goes really high is not the only way.

Agreed, and even if they start buying and hodl they will be also making great profits.
Post
Topic
Board Off-topic
Re: How Much Money Can You Make on YouTube?
by
TheAltPainter
on 05/06/2017, 09:48:47 UTC
I believe if you work hard enough on anything, you'll be able to make $$ on anything. If you create value you will always find was to monetize in different way's. So the question is; What's your plan, have you researched it, spoken with different people about it, is your strategy used before and are you willing to work for it?

So my advice is start reading everything you can find on whatever you want to do, and surround your life with it. Constantly ask yourself the question; How do i pull this of? If you do that, your brain will start providing answers or start looking for resources to create those answers.