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Showing 20 of 1,406 results by lordmick
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Board Altcoin Discussion
Re: Knowledge is needed
by
lordmick
on 14/10/2018, 12:26:32 UTC
Personally I think that any successful trader will not give you any free advice to you. But you can learn knowledges about trading by yourself. Of course it takes more time, but it is really work. First of all you should start from learning theory, technical analysis through indicators, Elliot's waves and etc. Personally I like trading methods of William D.Gann described on "45 Years In Wall Street". Also I like "Dimensional Stock Market Structures and Cycles" of Bradley F. Cowan. All materials for it, especially about technical indicators you can find from internet or youtube for example.
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Topic
Board Speculation (Altcoins)
Re: When do you think the market will recover and get back on Green??
by
lordmick
on 14/10/2018, 12:22:03 UTC
Hi everyone ,

It seems like everyhing turned into red and we don't know where the bottom is ... when this is gonna stop .. WHAT DO YOU THINK??
This is too difficult to predict exact periods of time, but IMHO the market will continue to go down until Bitcoin will get its bottom under $ 2K in the end of May 2019. But till that time I am going to trade through leverage and try to find to open short positions. I just try to earn money on any market (green or red).
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Topic
Board Speculation (Altcoins)
Re: Another December Bull run
by
lordmick
on 14/10/2018, 12:19:52 UTC
I have this assumption that we may be having another December bull run, though may not be as high as we had last year. Bitcoin however have maintained a very good support level around $6000 since this year and there is no sign of breaking lower.

Sampling opinions from various investors show that there is this excitement and anticipation of another end of the year bull season and aside TA and FA, the market is equally controlled by the investors psychology and with this whole charade of an expected December bull season, I am of the opinion that it will likely come as a lot of persons are already waiting as we have a large number who are "for" than those "against".
IMHO right now Bitcoin price is close to breaking down at the base of the global triangle on its daily chart. So personally I expect to see continue of bearish market. I think that by the end of this year we will see Bitcoin price under $ 4,5K.
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Topic
Board Speculation (Altcoins)
Re: Is it bad for altcoin that BTC is dropping
by
lordmick
on 14/10/2018, 12:15:19 UTC
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
The whole market correlates with Bitcoin because main operations are made with Bitcoin and almost all altcoins have trading pairs with Bitcoin in exchanges. So this is natural that falling of Bitcoin price negatively effect to altcoins.
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Topic
Board Altcoin Discussion
Re: How to avoid ICO scam
by
lordmick
on 14/10/2018, 12:12:48 UTC
In cryptocurrencies market, especially in investments in ICOs you should always invest only that amount of money, which you can afford to yourself to lose. Also always invest according to principals of diversification and money management. Also before investing you can try a deep study of information about the project. There are many materials how to do it. There is no any universal way for it, but first of all as it was motioned above you can learn ICO ratings, but you should know that these rating often ratings may be fake. That's why learn whitepaper of every ICO, try to understand what problem can solve technology or product is offered by the team. Also very important to learn information about team members, their experience and beta codes of the product, if it is possible of course. Don't believe to anybody, make your decisions based only on your own research on the ICO. But personally I like more just to trade, especially through marginal trading and get quick money.
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Topic
Board Speculation (Altcoins)
Re: How Far are we from the bull run
by
lordmick
on 14/10/2018, 11:51:44 UTC
Its been about 8 month since we are in bloodbath. market has not shown any signs of recovery till yet. what do you think that what december will bring to us.. ?

Personally I think that this downtrend will continue even till the middle of the next year. IMHO we should be patient and stay away from any investment in cryptocurrencies right now. It is better to short now.
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Topic
Board Speculation (Altcoins)
Re: ETH ready to bounce back?
by
lordmick
on 14/10/2018, 11:48:50 UTC
Found some technical analysis taken on ethereum and with the report, it is looking real good as it seems ETH has prepared to take on the train and prove itself once more that it is th king of alts. Well, lets hope the TA becomes real and we see our dearly ETH come up once again.
Don't believe to anybody. You should have your own opinion about this question. Half of traders will tell. you that ETH will start to go up soon and another half that it will go down. Study about technical analysis and make your own decision using stop loss, money management and diversification.
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Topic
Board Speculation (Altcoins)
Re: Are you sure the market will come back at end this year?
by
lordmick
on 14/10/2018, 11:45:52 UTC
Almost everyone talking BULL will come back at end this year like last year.

I hope so, because me and everyone here diving under the sea for 9 months and still don't see light the Sun.

Last year, bitcoin has increased from the beginning of the year to the end of the year...And this year is quite the opposite.

Or maybe We have been waiting so long... so that we are delusional to something that is not real.
Unfortunately I don't think that we will see ant bull run in this year. The market will fallow Bitcoin and it will continue to fall until Bitcoin will drop under $ 2K. Only after it will happen approximately in the middle of the next year, the market will begin to recover.
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Topic
Board Altcoin Discussion
Re: Why Government does not like crypto?
by
lordmick
on 14/10/2018, 11:41:57 UTC
I think that governments against cryptocurrencies, especially governments of the countries with developed and strong monetary policy, because right now adopting of cryptocurrencies to their financial systems can cause damage to the economies of these countries, because of scams, frauds and instability cryptocurrencies. But IMHO in the future, when this sphere becomes more regulated, governments will approve using some strong, stable and developed cryptocurrencies. But it needs a little bit more time.
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Topic
Board Altcoin Discussion
Re: Market cap
by
lordmick
on 14/10/2018, 11:39:29 UTC
I am absolutely sure that the market capitalization will fall below than $ 100B by the end of May 2019. I think that by that time Bitcoin will crash under $ 2K. So then I expect that after such hard correction in the second half of the next year the recovery will begin.
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Topic
Board Speculation (Altcoins)
Re: The next bull run is coming
by
lordmick
on 13/10/2018, 18:22:00 UTC
I think we should be more careful. Because IMHO this downtrend will continue and we will see hard crash of the market by the end of this year. Moreover I expect that Bitcoin will drop below $ 2K by summer of 2019. So don't believe to this short correction of the downtrend, be careful, always first of all protect your money.
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Topic
Board Speculation (Altcoins)
Re: 700 usd to invest
by
lordmick
on 13/10/2018, 18:17:34 UTC
i am a newbie .. please show me the investment. I have 700 usd
Actually it doesn't matter how much do you have to invest. It is more important what and when are going to buy. If you don't have enough experience it is better to wait for the second half of the next year and then to buy Bitcoin or Ethereum for long time on cheap prices.
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Topic
Board Trading Discussion
Re: Trade or HODL?
by
lordmick
on 07/10/2018, 18:30:41 UTC
As we can see now holding is not smart strategy to get profit. Only optimized trading system and very short trades can provide as with an opportunity to earn money. HODL is not suitable now anymore.
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Topic
Board Trading Discussion
Re: Will the bull run return this December?
by
lordmick
on 07/10/2018, 18:26:40 UTC
Last year we had a great run. Despite the downs in the beginning of this year, I still believed that by the starting of October, the will be a good run, but I don't see anything of significant improvement. What do you guys think?
Unfortunately I can't agree with you. Because IMHO Bitcoin price will break great triangle to down and it will continue to fall. Of course the whole market follow Bitcoin and also will go down.
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Topic
Board Trading Discussion
Re: Until when does the price of crypto currency continue to fall?
by
lordmick
on 07/10/2018, 18:20:17 UTC
Personally I expect that this downtrend will continue until the second half of the next year. So according to technical analysis I think that we will see Bitcoin price under $ 2K. Only after this will happen, recovery will begin.
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Topic
Board Economics
Re: What manipulators want
by
lordmick
on 05/10/2018, 20:35:21 UTC
Manipulators always want one thing - to move the market in the right direction and thus earn as much money as possible, buying cheaper and selling more expensive. It should be remembered that they only manipulate the mood of the crowd. Therefore, without having too much capital, but by tracking such fluctuations in the mood of the cryptocommunity, we can also earn.
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Topic
Board Economics
Re: Bitcoin ETF more likely to be approved but why price is going down?
by
lordmick
on 05/10/2018, 20:25:50 UTC
Firstly, a large amount of money is withdrawn from the market at the moment. Secondly, the market is already so “fed up” with this news that the market no longer reacts to it. Accordingly, now the mood of the main holders and traders are changing from other more relevant news.
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Topic
Board Speculation (Altcoins)
Re: Invest in ICO this time, yes or no?
by
lordmick
on 04/10/2018, 19:25:41 UTC
In the current conditions of falling market and age of scam ICOs, investing in any ICO will be too risky. Of course you can carefully study ICO, I which you are going to participate and you will even get profit. But it will be happy very seldom. So it is better to trade. I think you will be able to earn more in this market through opening short positions.
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Topic
Board Speculation (Altcoins)
Re: Ethereum $ 218 is a bottom or a springboard.
by
lordmick
on 04/10/2018, 19:21:07 UTC
Now Ethreum with the market follows Bitcoin and goes down. According to technical analysis downtrend of Bitcoin price is not ended. So we also can expect that Ethereum price will continue to fall. And as I think it will drop below $70-80.
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Topic
Board Speculation (Altcoins)
Re: Is it too late to start investing in cryptocurrency now?
by
lordmick
on 03/10/2018, 18:47:00 UTC
Right now is right time to stay away from the market or to short any asset which is available for it. Personally I don't hold any cryptocurrency for long, I just make quick trading operations and hold everything in fiat money.