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Showing 12 of 12 results by kunabit
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Topic
Board Trading Discussion
Re: Is Shorting profitable???
by
kunabit
on 08/09/2017, 20:46:02 UTC
I haven't tried shorting (only long), but know quite a few who do--they mainly only short with BTC as altcoins are too volatile for shorting. They pay close attention to price action, trend lines, confirmations and the news, which in turn, they will short the dips. I'm a wee bit too intimidated to try shorting, but will get there once I become more experienced with TA.
Post
Topic
Board Bitcoin Discussion
Re: If you have some BTCs, why not have some Gold too?
by
kunabit
on 07/09/2017, 15:26:36 UTC
I have both. Diversification Cool I have much more BTC for reasons stated above--the volatility is what provides me with profit, more so than gold, but I have been accumulating gold in small amounts the past several months for the sole purpose of diversifying.
Post
Topic
Board Trading Discussion
Re: looking for a list of exchanges that are not crap...
by
kunabit
on 07/09/2017, 05:33:27 UTC
It depends which region you live in. I'm in the U.S. --I trade on Bittrex, Poloniex, Kraken and Cryptopia. Bittrex so far has been great, they handled the BCC/BCH distribution almost flawlessly whereas other exchanges had hiccups, and they keep their users up to date on a consistent basis. Tickets get answered within a day or two.

I know many traders on Twitter who have had issues with Poloniex, and while there were some shady-ness going on there (delayed responses to support tickets, too much wallet maintenance, long withdraw times, etc.), I have had no issues with them. I actually submitted a support ticket the other day and received a response within 24 hours. Granted, my issue was minor.

With 2FA always enabled, Bittrex is your safest bet at the moment, but it's better to be on multiple exchanges than just one, if you can.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CPC] Capricoin - The Peoples Coin
by
kunabit
on 07/09/2017, 05:15:52 UTC
Who developed this coin? Anybody knows? Some one from Asia or australia maybe? If it is a scammer then it is not good. The first pages has so many negative comments.

A quick Google search brings up their page: http://capricoin.org/about/ - "Capricoin has been developed through a collaboration between a group of technology companies in Europe and the USA."

Their market cap has increased quite a bit recently according to Coin Market Cap: https://coinmarketcap.com/currencies/capricoin/ so perhaps some improvements / features are on the horizon?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][OpenBeta] FirstBlood.io - Come Play!! 1ST Esports Competition Platform
by
kunabit
on 05/09/2017, 02:17:11 UTC
They have a huge update coming out soon. I don't know what you are talking about.

They will announce the official discontinuation of the Firstblood project, this is already known since two days ago.

Can you elaborate? Do you have a link for proof as to where you found out about this?

They also recently posted a dev update--I don't think they would be adding updates to a project that you claim is going to be discontinued? https://medium.com/@firstbloodio/be5740c897da
Post
Topic
Board Trading Discussion
Re: Tell me the trading strategy.
by
kunabit
on 31/08/2017, 19:14:42 UTC
Agreed with the majority of posts: Buy low, sell high / buy on the dump, sell on the pump / buy on fear, sell on the news / etc.

I buy dips.
I buy during accumulation phases for alts.
I long BTC and will hold it for days to weeks, depending.
I don't chase pumps, especially if a coin is up by 100%.
I buy based on altcoin fundamentals and chart history--if there are many arguments and a lot of volatility, I'll take interest.
My targets are based on trend riding, and using the FIB ext and retracement tool.

Everyone's trading style is different though, I tend to lean toward the more "swing" type of trading.
Post
Topic
Board Trading Discussion
Re: How do you keep track of your wins/losses ?
by
kunabit
on 31/08/2017, 17:10:59 UTC
Spreadsheet for sure, I tried using Blockfolio, but the gains/losses never added up correctly.

For those not tracking your trades and profits/losses, what do you do for taxes?! If paying any? I have a buddy whose accountant requires him to note every single trade he does.
Post
Topic
Board Speculation (Altcoins)
Re: SYSCOIN All-Time chart. Buying opportunity?
by
kunabit
on 30/08/2017, 20:44:42 UTC
SYS has always been a long-term hold for me. I initially bought at 5100, and have been accumulating in the 2500s--great to see some action with the latest news. In general, SYS is always a buy for me.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex | Roll-out 2017
by
kunabit
on 30/08/2017, 20:30:42 UTC
Incent Community Update
...
Cyrille Wetter
Community Manager Incent Loyalty


Karl, my advice to you - stop support scam projects, otherwise you will lose your reputation soon as a Waves team member.

Just because extremely unfortunate things happen to a project doesn't mean it's a scam.

If anything, the fact that they kept moving on through all the crap that happened proves the exact opposite - any scammer or moneygrabber would've cashed out as soon as shit hit the fan. This project has gone through some of the worst possible crap imaginable and yet it's still here.
The dev team really wants to make this work and they're not afraid to fully commit to it, which is an attitude that is better than most projects of a similar valuation.


Agreed, there is so much that goes behind a project that the masses don't realize, let alone care to think about--I mean, have you seen the HBO show, Silicon Valley? Cheesy In any case, I hope INCNT definitely sticks around and becomes a success.
Post
Topic
Board Bitcoin Discussion
Re: Do you keep buying?
by
kunabit
on 28/08/2017, 16:48:11 UTC
Oh my gosh, it's so addicting buying more BTC! ...mainly due to wanting to buy more altcoins.

Currently though, I am trying to stop myself from buying as it's eating a hole through my wallet, so unless it dips pretty heavily, I've made a promise to myself to only trade with the profit I have made from alts. I am holding 50% of my BTC, while the remaining is used in crypto trading.
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Topic
Board Off-topic
Re: What wallets do you use?
by
kunabit
on 28/08/2017, 16:12:05 UTC
I primarily use Trezor for my BTC holdings. I have used desktop wallets for coins that aren't accepted by Trezor, but since the scare or "FUD" with Trezor, I do have a Ledger Nano S to also hold my BTC and other coins in case. Going back to the desktop wallets, I also save backup copies on a thumb drive.
Post
Topic
Board Bitcoin Discussion
Re: What is BTC for you?
by
kunabit
on 25/08/2017, 16:35:36 UTC
BTC for me is financial freedom! It is life!  Wink

Got in it from my mama, she has been following it for years, but never invested big. Hope to retire with it alongside some other side hustle.