10% more tokens!!! Free money!!! Can I keep staking?

Firetoken will analyze the voting data submitted by their members and calibrate their bot better than i can. I rather copy them.

I think you are right, i forgot where i see it from but i remember something mentioning that members can link their Binance account to the main Firetoken trading bot.

Personal trading bot needs to be configured by us?  can't we copy someone firetoken?

On the telegram group the bot gives us all the statistics.  It has a buy feature too, Does that need to be configured?

Wow i never heard of a decentralized hedge fund before! what a revolutionary concept! so my fund will always be safe inside my account, and the orders are exactly the same with what they are trading? Amazing!

I know copy trade is a special function that allows accounts to copy each others trade orders. It uses API to set the same buy and sell orders, so even if i dont follow a trade, i can have a trading professional manage my trades by copying his account and follow his exact trade orders. So Firetoken will also have copy trade function?

So the private bot will be adjustable right? Who adjust the bot?

I only seen the public bot in the room. The private bot is being tested by many site members and admins. I believe the private bot feed account autotrading info to the account owner only. The public bot feed account into to the group, and are used by FireToken to give signals later. The public bot give coin price, volume, social sentiment and many other functions.

You may visit our website at https://www.firetoken.io to learn more about trading and investing with our community. We have many useful articles that will help you understand more about trading.




Hello FireToken members,



In this article we will go over how volume can affect prices on the exchange and understand the reason how a price change is triggered.



We will assume that all members are somewhat complacent in how to set up buy and sell orders, as we are joining FireToken for the purpose of profiting from #cryptocurrency trading.



When a trader decided on a coin or token to purchase or sell, he/she will set up a price target to buy in or sell out. Many traders utilize bot to automatically set the margin in which they will take profit or stoploss their order. The percentage is based on personal preference and can range anywhere from 15% to up to 45% depends on the market condition of that pair.



Because most traders use a combination of market tools and patterns to see the most common level of support and resistant, the targets can be predicted quite easily. When the price hit or surpass those target levels, we can expect an influx of orders on the exchange. This creates a snowball effect in which the price will move dramatically in the CURRENT direction for a very SHORT time window. Very soon they will reach a condition most known as Overbought or Oversold. When such conditions are met, the short trend will be reversed in order for the market to balance itself out.



FireToken group consensus system allows our members to utilize our volume to reach these price targets with the intention to trigger the snowball effect. When we buy or sell a large quantity together, we temporarily create an imbalance of supply versus demand. This will cause the price to move in the direction we want and trigger automatic orders previously set by traders who are not on the market. ALL members are advised to predetermined your profit margin prior to setting your Buy/Sell orders and set these margins at the same time of putting in your orders. The profit window is short and price will change rapidly.



Because we are trading cryptocurrency, it is very important to note that most upward movements will have to stop at some point to retrace but the opposite may not be the same. In cryptocurrency, because there are so many useless tokens with the main purpose of creating quick profit, what goes down may stay down forever. That is why it is EXTREMELY IMPORTANT to pay attention to the market, set stoploss for cryptocurrency trading and only trade coins with sufficient volume.



To recap, we should now understand the following

1. Volume causes major price change due to supply and demand

2. Large orders can trigger previously set price targets from other traders in both bull AND bear market and create a snowball effect for the price to move in the SAME direction for a SHORT time before reversing.

3. All major market movements are rapid and only temporary. So the practice of pre-determined profit and stoploss is vital to a trader success.

4. Don't trade shit coins. Just like gravity, what goes up must come down but what goes down may stay down.



We hope to provide our members with valuable information so that you can get a better understanding of the trading market and success. Our members success directly translate to our community success. Big institutions are getting ready to openly trade cryptocurrency. This is a positive thing, because cryptocurrency profit is now being recognized. Join us now and utilize our strength in numbers, contribute your knowledge to our community so that we can all understand your view of the market and we can all profit together. These are exciting time in the market as profit will drive innovation, and innovation will improve the world. We can all benefit from blockchain adaptation.

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Firetoken offers a ton of services I think we need to jump into as well.
Whenever someone can give me the breakdown of it,  that would be great!

We do not have staking payout anymore. Instead, members will be rewarded for voting participation.

Hello FireToken community,


We are pleased to announce that our new smart contract swap will be ready sometime tomorrow. Staking reward will be removed from site and system, replaced by community voting incentive.


The voting incentive amount is calculated based on the amount of voting points each member uses on our weekly polls. All voting members are qualified for reward. The reward is given in FireTokens.


Exchange listings will be enable, so any erc20 based decentralized exchanges may be used to trade our tokens. Our partner exchanges will also be listing our tokens when they launch.


FireToken privacy network is projected to take approximately 3 weeks period, although given our own current track record, let's call it more than a month with the high possibility of exceeding deadline. FireToken will be the first decentralized ERC20 token to be able to utilize the high trading volume, ease of use, listing and exchanges plus able to transfer privately through our enclosed network.


With FireToken network, you will be able to trade using our bots, communicate trading strategies with our community, vote on our group concensus signals, buy unique FireToken services, and transfer funding privately, all under the same umbrella of FireToken network.


We will continue our innovation, and normal operation will resume after the current delays. We want to thanks our partners who are lending their assistance to us, we are very touched and are grateful to have you as our partners. We will always do our best for our community, and we ask that you stand by us just as you are now, so that we can continue to support each others and grow our network in the days to come. Thank you.

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