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Showing 20 of 282 results by collins3
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Topic
Board Economics
Re: What will happen to bitcoin?
by
collins3
on 10/08/2018, 22:52:40 UTC
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
You can see that the price of bitcoin in the past few days has been steadily decreasing, the price of bitcoin has decreased, so I think that this time you should only invest in short bitcoin and not long-term investment. The market is in the downtrend stage so the bitcoin price will probably continue to drop sharply at any time.
Post
Topic
Board Trading Discussion
Re: Altcoins and bitcoin - Where is the good investment now?
by
collins3
on 10/08/2018, 22:30:03 UTC
Huh Huh Although bitcoin has been on the rise for the past few days, altcoins seem to have stalled. Between altcoins and bitcoin, what is a good medium term investment  Huh
I believe you should only invest in bitcoin at this time, invest in high risk altcoin and you will be able to severely damage the background if the bitcoin price adjustment causes the price of altcoin to fall sharply and irreversibly. Therefore, I believe that at this time you should only invest in bitcoin in order to minimize the risk, although the profit is low but very safe.
Post
Topic
Board Trading Discussion
Re: Is it a good time to start buying bitcoins?
by
collins3
on 10/08/2018, 22:23:08 UTC
Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
At this point I believe you should not buy bitcoin, you can see that bitcoin prices have been dropping sharply over the past few days and are now adjusting at $ 6400. I believe that at this point you should patiently wait because according to my analysis, the bitcoin price will probably drop to $ 5800 in the next few hours, so you should wait until that time to buy Bitcoin. at best price.
I totally think you can buy bitcoin at this time so you can see that the bitcoin price after falling to $ 6200 is now beginning to recover to the $ 6400 level, the market is showing signs of recovery. Apparel of altcoin and market capitalization is also increasing. So, I believe that you can buy bitcoin at this time, divide the capital and buy bitcoin in batches to prevent falling prices.
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Topic
Board Trading Discussion
Re: I want to start trading
by
collins3
on 09/08/2018, 22:08:37 UTC
Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
You can see that after bitcoin prices have fallen sharply in recent days, there are signs of a slight rebound. You can see that bitcoin is adjusting at $ 6600 at the moment and has increased by 5% in the past hour, so I think you can start trading at this time. Bitcoin price recovery will cause the price of altcoin market recovery is recovering slightly in the short term.
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Topic
Board Trading Discussion
Re: HODL vs Day trading
by
collins3
on 09/08/2018, 22:01:30 UTC
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
I itn that with a market that is in the bearish trend in the long run then you should only invest short and trades on, you should not hold. You can see that the market has been fluctuating dramatically in recent days, bitcoin and altcoin prices are constantly falling, bitcoin prices are at $ 6200 level and altcoin prices are falling very deep. So I believe that at this point you should just wait to buy bitcoin.
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Topic
Board Trading Discussion
Re: Trading Bitcoin is pretty easy
by
collins3
on 08/08/2018, 22:50:26 UTC
Hello,

I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.

I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.

https://twitter.com/christopheduh1

Good luck!

Chris
You can see bitcoin trading is much easier than altcoin and risk is lower, but bitcoin trading will bring you lower profit than altcoin trading. You can see that the market is in a bear market for long term so the safety factor is the most important. I believe that this time you should only trade bitcoin to make a profit. Currently bitcoin is adjusting at $ 6200 and you can buy bitcoin at this time.
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Topic
Board Trading Discussion
Re: Bitcoin now below 8000 time to buy now
by
collins3
on 08/08/2018, 22:36:44 UTC
Yes, bitcoin falls down again and it looks like it's giving us a clue that it will go down furthermore. If a new all time low is posing this month then it's time to buy more again and hold still on it. But others believe that a big spike is on queue right after this recent dip.
At this point really if you buy bitcoin it will be very dangerous, you can see that bitcoin prices in the past few days have steadily declined and the market is slowly falling into crisis, so I believe at the time You should stay out of the market and wait for the price to rebound in a bitcoin to buy. At present, bitcoin is adjusting at $ 6300 and may continue to decline at any time.
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Topic
Board Trading Discussion
Re: Holding BTC vs Day trading or short term trading.
by
collins3
on 02/08/2018, 01:22:25 UTC
For me,  all of those are profitable depend on how you handle it.  Holdinh btc is profitable if it rise and you aqymuire it at a very low price.  Short term trading or daybtrading is also effective way on how to gain more but with a higher risk than long term.
At this point I believe you should trade only short-term trading and you can see that the market is continuously adjusting and the bitcoin price after returning to the $ 8500 level has been dramatically reduced by $ 1000 and The current correction is at $ 7500. Bitcoin prices have returned to their bear market so I believe you should only invest in the short term at this time.
Post
Topic
Board Trading Discussion
Re: what is the best investment Crytocurrencies in the market?
by
collins3
on 02/08/2018, 01:15:54 UTC
Ethereum and Bitcoin. But 2018 year is worst for crypto... All what we see is a dump, dump and dump  Cry Honestly sometimes I start thinking that whole crypto coins industry just dying...  Embarrassed
I think that in order to minimize risk you should invest in bitcoin, you can see that bitcoin prices are constantly fluctuating and adjusting very strongly, so I believe you should only invest in bitcoin . The price of altcoin is very strong so if investing in altcoin will be very risky when bitcoin prices decrease.
Post
Topic
Board Trading Discussion
Re: Will you trade Bitcoin to buy Altcoins?
by
collins3
on 01/08/2018, 03:18:04 UTC
I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.

It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.

Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.

But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.

After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
I think that at this time you should not trade altcoin or bitcoin, can see that the price of bitcoin is constantly decreasing and the price of altcoin is too, the market is gradually falling into crisis and very likely bitcoin price will It can be further reduced. Therefore, I believe you should not trade at this time to save capital.
Post
Topic
Board Speculation (Altcoins)
Re: Good coins to buy now and hold for a long term?
by
collins3
on 01/08/2018, 03:12:28 UTC
Bitcoin and ETH is the great for purchase and hold coin too. Bitcoin being the leading cryptocurrency has a high graph depicting the profitability and upward push in in keeping with unit percent output or price. ETH has a slow and step by step growing fee which commonly is chargeable for the wide variety of human beings making an investment within the technology. besides, each ETH and Bitcoin are normally desirable and can be used as substitute for coins. There have more strong coin. XRP, BCH, EOS and lots of greater in pinnacle indexed.
I think you should not invest in any coin at this time, with a no market and bitcoin is hard to kick, your long-term investment risk is very high. Today's bitcoin prices have started going back down and I believe bitcoin prices will fall sharply until the end of 2018. Bitcoin prices are likely to fall, as you can see that prices are falling. The current altcoin is falling very deep.
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Topic
Board Bitcoin Discussion
Re: NO! Do Not Invest all you have on Bitcoin and Cryptocurrencies
by
collins3
on 01/08/2018, 03:04:34 UTC
I have read several posts on this forum where people have claimed to have invested all the money they have on Bitcoin, I also read a post where a guy claimed to have used all the $20,000 his uncle gave him to also invest in Bitcoin, some even sold their landed property. The reason for these risks and others is the firm believe that Bitcoin would be $50,000 - $100,000 by the year 2019 or thereabout.

First, I must say that I admire the courage and high risk appetite of such persons. But, I must also warn.
Yes, It is good for everyone to have high hopes for Bitcoin, and also hope it gets to 100k USD in future, but you should also consider a safety factor in anything you do including investing.

Mathematically,

DO NOT Assume,
P(Success of future term) = 1 ; and
P(Failure of future term) = 0

This implies that, you must always leave a little fraction for probability of failure which in this case is the safety factor, no matter how little the fraction may be. Simply put, you don't have absolute control of what happens to Bitcoin and Cryptocurrencies in the future.

Invest wisely, only invest what you can afford to loose

Just a piece of advice.

What are your own suggestions?
Of course bitcoin will not die because bitcoin is a form of exchange that people are aiming for, but I believe bitcoin prices will probably fall sharply in 2018. You can see that after recovering to $ 8500 level, bitcoin has been falling sharply at $ 7500. I believe you should wait for bitcoin to get $ 7100 and start buying, divide and invest in phases to minimize risk.
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Topic
Board Bitcoin Discussion
Re: How safe is Bitcoin? ✅
by
collins3
on 01/08/2018, 02:55:48 UTC
Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?

I think bitcoin is not as safe as we thought, bitcoin prices are fluctuating and unstable, after rebounding to $ 8500 then the bitcoin price now drops to $ 7500 and are still downward adjustment. You can see that investors are starting to panic and start divesting, so I believe that at this time the bitcoin bubble has broken.
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Topic
Board Speculation
Re: BITCOINS IS REALLY GOOD ASSET?
by
collins3
on 01/08/2018, 02:49:41 UTC
A lot of people says, Bitcoin is the best asset to invest today while others crying for the downfall of the price of Bitcoin, while others enjoying the ride of Up's and Down's of Bitcoin, then yet, no one knows what actually Bitcoin goes through. But one thing we only know according to many Bitcoin Experts that Bitcoin Rises upto 300,000$.. So It's a big WoW to anyone who invest Bitcoin Today... But the Question is.... What would be the EXACT Year, Month, Week, or Day that Bitcoin Goes to the moon?
I believe that the current bitcoin is just virtual, we can not handle and control the price of bitcoin, you can see that the price of bitcoin is constantly fluctuating and difficult to guess. By the end of 2017 the bitcoin price had been inflated to the $ 20000 level and then dropped sharply, the crypto market was in serious trouble as bitcoin and altcoin prices continued to fall sharply. So I think we should not invest in bitcoin at this time.
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Topic
Board Trading Discussion
Re: HODL vs Day trading
by
collins3
on 31/07/2018, 22:10:02 UTC
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
I strongly believe that at this point you should not hold, you can see that bitcoin prices are dropping sharply today after many consecutive increases, then the current price bitcoin has returned to the down cycle of I believe that at this time you should only trade short term by day. The market is constantly fluctuating and it is difficult to predict so always have a planned transaction.
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Topic
Board Trading Discussion
Re: Daily trading or Holding Cryptocurrency for long time
by
collins3
on 31/07/2018, 21:56:27 UTC
Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
I believe that day trading is the best option at the moment, you can see that after two days at $ 8200 level, the current bitcoin price has dropped sharply to the $ 7800 mark, the price of altcoin are also falling very deep and set a new bottom. So if you hold at this moment will damage very heavily. The market is still bearish in the long run so I think the bitcoin price will continue to fall until 2018.
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Topic
Board Trading Discussion
Re: BTC: where is the market going
by
collins3
on 29/06/2018, 15:37:54 UTC
Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.


On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.



Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.



The price of bitcoin at the moment is really worrying me, you can see that the bitcoin price at the moment has dropped below $ 6000 and is now at $ 5900, despite the signs of recovery. However, the buying power is still weak and I think it will be difficult for bitcoin prices to continue to recover in the coming days and will soon decline. I believe the bitcoin price will probably be about $ 5300 in the coming days.
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Topic
Board Trading Discussion
Re: what do you think about pump and dump?
by
collins3
on 29/06/2018, 14:46:05 UTC
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
I believe that the bitcoin price will still be able to continue to dump, you can see that bitcoin prices have been dropping steadily in recent days and with a no peak market and bitcoin prices will probably fall sharply. More is possible. Currently, bitcoin is at $ 5800 and there are no signs of recovery, so I think you should not trade at this time.
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Topic
Board Trading Discussion
Re: Don't hold your coin on exchange for long time.
by
collins3
on 29/06/2018, 14:22:47 UTC
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
I think that at this point you should not hold coin as well as long term investment at this point, you can see that bitcoin prices are steadily declining in recent days and now fell to $ 5800. The market is very bad signals, bitcoin prices will reduce the price of altcoin drastically and you will be able to lose very heavy if you keep altcoin.
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Topic
Board Trading Discussion
Re: TRADING STRATEGIES FOR BEGINNERS
by
collins3
on 29/06/2018, 14:10:30 UTC
I have seen many topic like "how to start trading", "what strange is good for trading" .... etc. I had same questions when i was a beginer like you and here i found this post on a blog. I think it's good for beginer and experts, please leave your comments here to help beginer. I hope it will be useful.
Here are 10 strategies on how to day trade for beginners:
1) Look for scenarios where supply and demand are drastically imbalanced, and use these as your entry points.
The financial markets are like anything else in life: if supply is near exhaustion and there are still willing buyers, price is about to go higher. If there is excess supply and no willing buyers, price will go down. At Online Trading Academy, students are taught to identify these turning points on a price chart and you can do the same by studying historical examples.
2)Beginners should always set day trading price targets before jumping in.
If you’re buying a long position, decide in advance how much profit is acceptable as well as a stop-loss level if the trade turns against you. Then, stick by your decisions. This limits your potential loss and keeps you from being overly greedy if price spikes to an untenable level. Exception: in a strong market it’s acceptable to set a new profit goal and stop-loss level once your initial target is achieved.
3)Insist on a risk-reward ratio of at least 3:1 when setting your day trading targets.
One of the most important lessons in stock trading for beginners is to understand a proper risk-reward ratio. As the Online Trading Academy instructors point out, this allows you to “lose small and win big” and come out ahead even if you have losses on many of your trades. In fact, once you gain some experience, risk-reward ratios of as high as 5:1 or even higher may be attainable.
4)Day trading requires patience, so be a patient trader.
Paradoxical though it may seem, successful day traders often don't trade every day. They may be in the market, at their computer, but if they don’t see any opportunities that meet their criteria they will not execute a trade that day. That’s a lot better than going against your own best judgment out of an impatient desire to “just do something.” Plan your trades, then trade your plan.
5)Day trading also requires discipline, especially for beginners.
Beginners need to set a trading plan and stick to it. At Online Trading Academy, students execute live stock trades in the market under the guidance of a senior instructor until right decisions become second nature. If you’re trading on your own, impulsive behavior can be your worst enemy. Greed can keep you in a position for too long and fear can cause you to bail out too soon. Don’t expect to get rich on a single trade.
6)Don’t be afraid to push the “order” button and execute your trades.
Novice day traders often face “paralysis by analysis” because they get wrapped up in watching the candles and the Level 2 columns on their screen and can’t act quickly when opportunity presents itself. If you’re disciplined and work your plan, actually placing the order should be automatic. If you’re wrong, your stops will get you out without major damage.
7)Only day trade with money you can afford to lose.
Successful traders have a “little bucket” of risk capital and a “big bucket” of money they’re saving for retirement or another long-term goal. Big bucket money tends to be invested more conservatively and in longer-duration positions. It’s not absolutely forbidden to use this money occasionally for a day trade, but the odds should be very high in your favor.
8)Never risk too much capital on one trade.

Set a percentage of your total day trading budget (which might be anywhere from 2% to 10%, depending on how much money you have) and don’t allow the size of your position to exceed it. Otherwise, you may miss out on an even better opportunity in the market.
9)Don’t limit day trading to stocks.

Forex, futures and options are three asset classes that display volatility and liquidity just like stocks, making them ideal for day trading. And often one of them will present appealing opportunities on a day when the stock market is going nowhere.
10)Don’t second-guess yourself, but do learn from experience.
Every day trader has losses, so don’t kick yourself when the occasional trade doesn’t go your way, especially if you're a beginner. Do, however, confirm that you followed your established day trading rules and didn’t get in or out at the wrong time.
I believe that if you are a beginner you should not trade at this time, you can see that the market is gradually falling into crisis, bitcoin prices are constantly falling and hit $ 5800 at the current price and altcoin prices are also falling very deep. So I think if you want to trade then only trade for $ 100 to find out and explore the market.