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Showing 10 of 10 results by mabugaaj
Post
Topic
Board Trading Discussion
Re: Trading Competition
by
mabugaaj
on 19/12/2018, 20:16:01 UTC
Well, despite the market I think good traders can still make some profits on the platform. This competition will show some good traders to follow even in a bear market.

I'm waiting for licensed traders at the platform after full launch. Trading competition looks good, as a form of marketing.
I'm impressed that some traders can make profits in bear market without margin trading and shorts.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ✅ COVESTING ⚡ REGULATED CRYPTOCURRENCY TRADING PLATFORM ⚡ EXCHANGE IS LIVE
by
mabugaaj
on 19/12/2018, 20:08:09 UTC
its about 3 months the exchange had started and I dont think it had even try to integrate the Coinvest token. I only notice the token traded on one exchange. some roadmap can be so long and take a long time for investors to profit from. Obviously not this year, maybe in the next run

The exchange has started in a soft launch phase with limited functionality. Token usecases will become available with full launch.

Can we expect Full Launch this month? The chart is looking great, consolidation at 10k sato, so should easy go back to 15k after FullLaunch.  Roll Eyes
After that,  they announced airdrops of coin listed at the exchange. It should bring a lot of attention to the platform Cheesy
Post
Topic
Board Trading Discussion
Re: Trading is a zero sum game.
by
mabugaaj
on 19/12/2018, 19:57:40 UTC
We have some of the most intelligent people in the world working on extracting as much wealth as possible from high volume trading.  For someone to gain money in the market someone most lose.  Imagine if we had these minds working on solving real world problems that would actually benefit society.  Just like gambling, trading is zero sum.

It's important to completely understand that law, to start earning at trading. 95% of people are losing money in long-term.
But i don't think that trading is "just like gambling". Traders/investors are helping the market, by taking the risk of "losing". Also traders are some sort of arbiter/judge. They are making the hole world progress faster and more effectively, by choosing the "good" projects.
Post
Topic
Board Trading Discussion
Re: This will help to improve your trading
by
mabugaaj
on 19/12/2018, 19:51:13 UTC
hi traders i am sharing my mistakes and experience so that it will help you

here are the mistakes i did and the with experience i got answers to my mistakes  

1) dont (care or think) too much about your money while trading this will reduce your confidence and make our decisions to reverse
and put money which you dont need

2) learn about money management (i know you might have heard about this many times , this is a huge topic to explain )
in short

remember trading and investing is a business, you have to risk something to gain something ,
so here is what you can do , risk is in your hand and you dont know how much rewards you will get so all you can do is control your risk , so calculate your risks and then enter trades and wait with patience

at first your goal must be to protect your capital , and then protect your profits , dont risk everything
 
3) Do not get panic by watching others analysis , remember panic is not good for trading, be confident with your analysis

4) if you have got good profits then keep it as a back up capital , when there are bad days if you lose your capital this back up capital will help you

5) dont trade if markets are too much volatile , no trade is also a trade , relax on that days watch some comedy films

6) dont ever think to recover your losses , or trade against

7) if you have entered trade by calculating risk then dont exit in middle wait for your targets , fluctuations are common

8 ) one of my friend told me this --- to keep track of trades
like why we lost that trade , why that trade reached its target,keep a record of this   and just go through this when you are free trust me it will help too much

9) everyday you will not be profitable so set a limit for loss everyday if it is reached than stop trading ( i have lost money before without doing this )

10) If your finger is stuck somewhere, in real life you must think to get your finger out of there , but in trading if your finger(trade) is stuck then you must cut it and get out of that trade, because in trading finger(capital) grows back ( this i learnt by watching psychology videos )

11) I know many of you have heard this points before , but remember until you dont put your personal interest and do trading by following rules nothing will change
and success is  not easy we must work-hard to achieve it    

12) i am sure if you follow this rules you will see changes in your trading ,

if any experienced traders do have some points that will help traders please highlight it





Really good rules. Also think in percentages, not in $/BTC, it's easier to be more objective.
Post
Topic
Board Speculation (Altcoins)
Re: CovestingCOV Posible 10x from today? (Listed on CMC)
by
mabugaaj
on 23/11/2018, 18:41:24 UTC
I think we are in a place, when should ask the same question  Roll Eyes

Is there a chance that COV will be worth 10 times more from now? 50 cents to 5$
Post
Topic
Board Trading Discussion
Re: Blood everywhere
by
mabugaaj
on 23/11/2018, 18:26:51 UTC
"Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon."

Good luck
Post
Topic
Board Trading Discussion
Re: Which coin best for holding
by
mabugaaj
on 23/11/2018, 18:19:12 UTC
It depends.
Personally, i think it is a good time to invest in altcoin with some big declines, but which show resistant in this last weeks (when btc was falling from 6k$).
Some good example is IOTA, which was at 7k sato, then fell to just 6200satosh, but immediately jumps back to 7k+satoshi.
Also think about leaving money in just BTC, coz i personally dont suggest going now into fiat, or stable coins. (btc already fell really low)

Nowadays i'm looking for some really strong teams with a lot of money, which are now really low in rank because of delays in delivering some complicated product. 
Here, a good example is Lisk. Lisk was ranked by Chinese in top10 best technologies, but by market cap, Lisk is top30+ and -95%+ from ATH
Post
Topic
Board Altcoins (Bahasa Indonesia)
Re: [ANN][ICO Complete] COVESTING - Platform Copy-Trading untuk CRYPTO CURRENCIES
by
mabugaaj
on 22/11/2018, 01:37:10 UTC
I like the fact, how strong is the team.

Ofc. they need a lot of money to develope the exchange even in bear market, but they have really a lot of FIAT.

CEO Dmitrij is very ambitious and smart, but also COO which has over 20 years exp. is making me very convinced it WILL success.
Post
Topic
Board Speculation (Altcoins)
Re: You think the Crypto market will keep growing?
by
mabugaaj
on 22/11/2018, 01:18:17 UTC
Warren Buffett: "Fearful when others are greedy and greedy when others are fearful"


In my opinion, we should look for some low entry levels in projects with money and big teams.


When others are fearful, it may present a good value buying opportunity.
Post
Topic
Board Altcoin Discussion
Re: Do not pay attention of FUDDERS at this time
by
mabugaaj
on 22/11/2018, 01:09:57 UTC
We all should have our own strategy. Nowadays, we have the best moment to make some fundamental researches and place some long-term investments.
We should read this FUD articles and analyze the logic of them.
I'm starting to invest in crypto right now for some new FIAT  Grin
 
See you in 2020  Roll Eyes