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Showing 8 of 8 results by andrisz
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Topic
Board Trading Discussion
Re: Turn $10,000 into 1 Million
by
andrisz
on 04/09/2017, 10:14:12 UTC

Currently Weightings:

LTC 35.40%
BTC 23.46%
BTS 11.45%
SYS 10.90%
STEEM 9.23%
NLG 6.01%
PIVX 3.13%
XMG 0.42% (the only one of the bunch up yesterday)


It would be great if you also listed your USDT and SBD (if there is any?), to give the perspective of how much did you "took out".
Post
Topic
Board Trading Discussion
Re: Turn $10,000 into 1 Million
by
andrisz
on 31/08/2017, 08:29:03 UTC
Hi HR!

I've followed the thread from the beginning, but then haven't been on bitcoin talk for a while. Now I came here mainly to see how you've been doing and was pleasantly surprised of how well you got over the correction in July.
 
Anyway - the main reason I'm reading is to learn from you and so details on your strategies are gold nuggets for me. I have some questions regarding your post on August 28th.
 
Quote
As mentioned before in this thread, the rules for more “investment grade” stuff (what I don’t care to become a bagholder with) in a bear market are to limit them to a 5% swing position [...]

OK, let's slow down a [Suspicious link removed] position" - do you mean that in the sense of time? I.e. that in swing trading you trade for days, weeks or even longer vs day trading, which usually happens within a day. If so - isn't all your positions swing positions? I understood that you don't do daytrading?
 
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[...] that can also have a 2.5% trading amount added to it

Is this for more speculative trades? Can you give an example of how you had swing position and then trading position for some currency?
 
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I’ve got us in an intermediate term upswing at present though, so those figures are now doubled.

Do you mean that by your calculations we're in bear market, but in upswing, therefore you adjust your bear market rules to allow double of those limits?

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Whenever they get to 30% portfolio percentages, they get “rebalanced”.

Hmm.. why 30%? If you allow 5% for swing position + 2.5% for trading position and then double it, it's 15%?

Also - why do you think we're in a bear market now? In think we could see a nice run until we get closer to November.

Quote
I had all my fiat equivalent in SBD, not USDT.

This is probably a total noob question, by why are they better than just USD?

Thanks!

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Topic
Board Trading Discussion
Re: Turn $10,000 into 1 Million
by
andrisz
on 16/06/2017, 09:23:30 UTC
Thank you for sharing your strategy! I'm curious how this plays out and I wish you best of luck.

I was wondering aren't you worried that Litecoin will just decrease in value in long term? Looking at the zoomed out chart doesn't look great:
https://www.tradingview.com/x/BWhLd8Ra/
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Topic
Board Altcoin Discussion
Re: Why ETC weakens against BTC when BTC weakens against USD?
by
andrisz
on 16/06/2017, 05:02:08 UTC
but also it is a common occurrence that when bitcoin price drops it takes everyone with it down. it happens every time!

However it the current market situation the opposite is also true, as BTC goes up against USD, ETH goes up against BTC. I.e. Ethereum seems to be behaving like leveraged Bitcoin.
Post
Topic
Board Trading Discussion
Re: btc crash now = TOP buying opportunity ?
by
andrisz
on 15/06/2017, 18:31:00 UTC
Good time to buy now ? it crashed more than 300 usd

Do you want to buy it when it goes up  ? of course its good time to buy when it dumps NOT when it pumps

Buy high , sell low ?  lol

The thread started when correction was for only about 300 USD. Since most of the folks here were saying that it's the best time to buy and no-one seems to have regretted, I'd just like to add my note to keep this objective. Buying low and selling high is not that easy because you can't know for sure when the real low and high is.

I only got verified in an exchange when price was about just before hitting 3000. Bought it, when price was 2600. Too bad I didn't know it will go to 2046 (or possibly less?).

I can't invest more money at the moment, but I plan to open a long position (margin trading) when price hits 2000 (and then some more if it goes below). Or when it will look like the upwards trend has started (which means that price will not be that great due to waiting for confirmation of the trend).
Post
Topic
Board Altcoin Discussion
Topic OP
Why ETC weakens against BTC when BTC weakens against USD?
by
andrisz
on 15/06/2017, 13:18:48 UTC
Could someone please explain this? When watching chart of ETC/BTC I've noticed that recently Ether against Bitcoin follows quite well ups and downs of Bitcoin against USD.
http://imgur.com/a/1eOY2

I mean, I'd understood if it were the opposite - BTC weakens against USD and ETH doesn't, so it gets stronger against BTC.
Post
Topic
Board Altcoin Discussion
Re: iDice ICO SCAM!
by
andrisz
on 12/06/2017, 10:12:41 UTC
I was about to invest, but glad I didn't.

Googled their CEO like this: idice "jordan wong", LinkedIn profile in the search results does not exist anymore. Probably because they used identify of https://www.linkedin.com/in/jordanwongcpa/

I'm wondering whether their desktop gambling webapp exists at all (probably not?). When going to idice.io and clicking Play, nothing happens (nothing except their popup promoting ICO).

I learned about them from newsbtc.com where they wrote promotional article about their ICO from seemingly third person perspective (though very excited one).
Post
Topic
Board Beginners & Help
Re: Analogs lendingclub.com on the blockchain?
by
andrisz
on 12/06/2017, 09:23:03 UTC
That's certainly an interesting idea. Too bad sikoba doesn't use credit scoring to allow for crediting unknown persons. From their website: Participants who know and trust each other in real life grant each other credit lines in the Sikoba system.