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Showing 20 of 20 results by frankcastle19
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Topic
Board Trading Discussion
Re: yobit about to take off ?
by
frankcastle19
on 15/04/2019, 04:32:15 UTC
listened a lot of negative about yobit... don't recommend it
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Topic
Board Trading Discussion
Re: Will Governments Ever Accept Blockchain-Based Cryptocurrencies?
by
frankcastle19
on 15/04/2019, 04:14:32 UTC
goverments don't like decentralization, but soon or later they will accept crypto
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Topic
Board Trading Discussion
Re: Paper Trading of Bitcoin Hugging Strategy-2
by
frankcastle19
on 11/04/2019, 04:29:07 UTC
Do you really think that 100x leverage is good idea?
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Topic
Board Trading Discussion
Re: stop loss management
by
frankcastle19
on 11/04/2019, 03:40:13 UTC
stop loss is the most important tool for succesful trader. 2% risk of trading capital for 1 trade is optimal
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Board Trading Discussion
Re: The reason people do not want to invest in crypto
by
frankcastle19
on 08/04/2019, 05:00:28 UTC
I think the main reason is that majority of people don't understand the meaning of crypto
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Topic
Board Trading Discussion
Re: Bulls need time
by
frankcastle19
on 08/04/2019, 04:42:53 UTC
how long we should wait?
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Topic
Board Trading Discussion
Re: This PROVES market manipulation, 20,000 BTC order at same time on 3 exchanges!
by
frankcastle19
on 08/04/2019, 04:33:56 UTC
There are market manipulations with bitcoin price? really? I can't believe  Shocked
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Topic
Board Trading Discussion
Re: TradingView tips and tricks
by
frankcastle19
on 07/04/2019, 04:30:55 UTC
Thanks a lot for this post. Very useful information.
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Topic
Board Trading Discussion
Re: could it be the next scenario?
by
frankcastle19
on 07/04/2019, 04:20:22 UTC
Everything is possible, especially on crypto market. So there is probability that your scenario could be realized.
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Topic
Board Trading Discussion
Re: Do you trust in new crypto-trading apps?
by
frankcastle19
on 07/04/2019, 04:13:34 UTC
Can we trust some new crypto-trading apps or it's better to trade with good known Binance, Poloniex, Bittrex.. ets?

It's very risky to trade even on old and popular exchanges, but I think there is no problems to try new trading platforms. But you shouldn't invest in them too much btc.
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Board Service Discussion
Re: Cryptonews Sources
by
frankcastle19
on 07/04/2019, 00:50:15 UTC
I know few but not satisfied with them.

Some telegram group can actually give you good link to news you can read on. I also like YouTube, you can also get from google. Sometimes too you can get good information on the forum.

I agree with this post
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Topic
Board Trading Discussion
Re: Why we shouldnt panic sell
by
frankcastle19
on 04/04/2019, 02:50:03 UTC
Almost a 85% of people failed because of human error and not by trading itself. The number one error im talking about is panic selling. Two words but put people in stress and losses big time. So how can you manage to avoid getting stressed easily and panic sell? Im telling you some.

- before you enter trading, strengthen your mind for incomming stress. Trading is stressful in nature so always get ready to get stressed.

- prepare yourself from future losses you have because its just normal. Negatives are part of the market balance. You are not a real trader if you dont experience it. Its sometimes an indicator that you should buy on that time.

- always think that its not yet a loss if you dont sell it.

- always have patience and wait for the right time to sell.

- BUY LOW SELL HIGH and get committed to it.

- dont believe on manipulators or those people who talks negatively to keep you from being motivated. Remember that you have more knowledgeable than them.

If you have some tips in additional then give some. Lets all help those who are in confusion right now.

Very good tips! Thank you
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Topic
Board Trading Discussion
Re: Is there any reason to day trade anything other than bitcoin?
by
frankcastle19
on 04/04/2019, 02:23:39 UTC
It depends on liquidity and volatility of the coin. For example, it is not bad idea to trade eth or ltc.
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Topic
Board Trading Discussion
Re: New Exchange: Should I trade?
by
frankcastle19
on 03/04/2019, 02:41:33 UTC
I don't think that cfd brokers are good idea for trading crypto
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Topic
Board Trading Discussion
Re: You better invest in Bitcoin now not later and here's why (bullish signs)
by
frankcastle19
on 02/04/2019, 21:41:42 UTC
I recommend you watch this in video so its easier to understand https://youtu.be/1wgjf8m8gCY

Otherwise you can read the transcript in this thread

Before we begin I just want it to be clear that I am not financial adviser and everything I say from here on out is not financial advice. You alone are responsible for your actions. I’m merely here to speak my mind.

I started this channel because I believed that I could be influential in spreading awareness of the power of cryptocurrencies, so here I am.

My argument is people should invest in crypto now not later. The obvious reason is because prices are low today and we should buy low and sell high.

But a lot of people also think that the price indicates the status of the crypto space, but that’s not the case. The market price is a reflection of the market, not the technology.

For example, in the last bullrun we had Bitcoin at 19 thousand dollars. Was Bitcoin better then that in it is now? when it is less than 4 thousand? Of course not! Bitcoin is so much better now, but like I said, the market price is not an indication of the real value of infrastructure, the tech, the platform. From my point of view the collective consciousness of the market is somewhat rational but mostly delusional.

It is my goal to help clear out that delusion in my own small way. So whether you are new to crypto or been here for a while, and pondering if you should invest now or later, choose now. If you ever wanna invest at some point, whenever that is, I’d say its best you start investing now. Maybe dollar cost average it. If you don’t know what that means look it up.

So a lot has happened last year and most would agree that that was the worst bear market and market crash to date and we’re still not past it. Even now, the bear market is lingering… but don’t let that fool you.

Just as people were duped in December 2017 that the bullmarket would last forever, everybody was screaming lambos on the moon, we could get duped this year too, thinking the bear market is here to stay. Some people are thinking this crypto winter, as we call it, would last for another 3 years, and although I don’t rule out that possibility, it is highly unlikely and here’s why.
First off, Bitcoin’s scaling solution, the lightning network, has seen unprecedented growth since its mainnet launch in January last year. The network capacity is now past $3million dollars with more than 7 thousand nodes and 33 thousand channels worldwide.. and counting.. and counting.

Now this is important because the last time we had a bullrun it was a disaster! It didn’t last very long and it crashed miserably afterwards. Now there’s a lot of reasons why it happened the way it did but in my point of view and in my experience, since I was already active in online communities that time, the main reason why a lot of people left the space and moved on, consequentially causing the crash of the market, was because Bitcoin was not good enough.

Bitcoin was old and slow they said. Everybody expected Bitcoin to deliver but it failed bigtime. Transactoins became too slow lasting many hours or some even days I’m not sure because I wasn’t dumb enough to use Bitcoin for payments in those days. Imagine, the fees reaching $50 dollars per transaction. Who would want to pay that?

At that time, Bitcoin just wasn’t ready for that many users. There were a lot of newcomers getting into crypto, causing network overload, yet the lightning network wasn’t even live yet nor did the people consider that it was already being heavily developed.

But now we have a scaling solution that is live. The lightning network is still buggy but it works already, as proven by the lightning trustchain which as of now is 3.84 million sats and hasn’t broke due to systemic failure yet.

This makes me confident that we won’t have the same problems we’ve had before, or atleast not as grave that people will leave the space and cause a crash.

And if people are happy about Bitcoin and lightning, other cryptocurrencies will have a positive effect on their price as well. We’ve seen this happen many times and it is unlikely it won’t happen the same way this time around. Especially that the cryptocurrency projects that are still alive and kicking today, have more substance and value than the heaps of garbage that floated around back in 2017.

On the institutional side, Fidelity Investments is moving fast into crypto.

As most of you know Fidelity is one of the largest asset managers with 2.46 trillion dollars in assets under their belt. They also took part in the lightning trustchain and created a subsidiary dedicated to digital assets last year.

Furthermore, Fidelity recently launched its Bitcoin custody services allowing the richest people of the world easy access to Bitcoin. Family offices, pensions, hedge funds, you name it, the crypto world will be a part of the institutional game now.
Now I know this seems a bit counterintuitive considering our collective ideologies are anti-Wall Street or anti-system, which makes Fidelity sort of like an abomination. I’m not saying this is a good thing I’m just telling you how it is. But regardless of how evil or not so evil this is, we can’t deny that a huge company will likely have a positive effect in making the prices of any asset going up. Historically this is consistent. When Bitcoin futures were launched in 2017, it helped spark the bullrun. With Fidelity around, the bear market may be starting to dissolve.

Then of course there’s a lot of hype going on. From popular celebrities and youtube personalities, to titans of industries. Mainstream media and the internet is now talking about cryptocurrencies a lot. Joe Rogan couldn’t shut up about Bitcoin. I’m not gonna go deeper into that.

Many countries around the world are also welcoming cryptocurrencies. Here in Philippines one of our most prestigious bank is now going crypto and our government is working on proper regulatory framework. So is Russia and many other countries.
All of this collectively, in my opinion, gives us a hint that we are nearing our big break. I could be wrong about this and the bear market could still continue until next year. But given the circumstances, with all the hype going on and the capacity of the Bitcoin/lightning network growing exponentially, its hard not to be optimistic.

If I had more money I’d keep buying today to be honest.

Full disclosure most of my crypto funds have been used. I had no choice, I do youtube fulltime so I had to do it to put food on the table. But I’m happy if the bullrun starts as soon as possible because I know a lot of you are invested in this and I want you guys to make some money too. You took risks, you believed in this when no one else would, you may have been greedy too, but you deserve this much. You deserve a bullrun guys.

That’s all I have for today. Thank you so much for all the support I get. I appreciate every subscriber I have and I promise to keep my integrity even when this channel blows up. Love you guys.

I’ll see you on the flipside!


Very interesting, thanks for information
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Topic
Board Trading Discussion
Re: Bull market is back?
by
frankcastle19
on 02/04/2019, 21:24:57 UTC
I think bull market is really back. But not to the moon Smiley $6k, maybe $7k max for 1 btc
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Topic
Board Digital goods
Re: Run your very own Bitcoin exchange like gemini binance bittrex
by
frankcastle19
on 31/03/2019, 00:27:21 UTC
and who will trade on it? Smiley
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Board Marketplace
Re: Trading, campaigns, gambling or mining?
by
frankcastle19
on 31/03/2019, 00:13:37 UTC
trading is the best option, gambling is the worst Smiley
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Topic
Board Trading Discussion
Re: Newbie in crypto trading
by
frankcastle19
on 31/03/2019, 00:03:29 UTC
Is trading crypto better than just investing in crypto?
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Topic
Board Trading Discussion
Re: CoinMarketCap hit $140B is this the start of the next bullrun?
by
frankcastle19
on 30/03/2019, 04:22:31 UTC
I don't expect BTC above $4500 in near future, but I think new moon will be to the end of 2019/beggining of 2020