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Showing 20 of 35 results by rollsroyce
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Topic
Board Altcoin Discussion
Re: I wish to invest in company launching an ICO
by
rollsroyce
on 22/12/2017, 01:59:09 UTC
Thanks boboking.

Post
Topic
Board Service Announcements (Altcoins)
I wish to invest in company launching an ICO
by
rollsroyce
on 22/12/2017, 01:57:52 UTC
Hello, this is a broad request for information regarding a new ICO.

I have made a large sum of money from investing in Bitcoin. Instead of converting it slowly into US dollars, I want to invest in an ICO .

Can anyone point me in the direction of a company which is looking to launch an ICO and is looking for investors to fund the launch using a combination of Bitcoins and US dollars.

I understand that it would not be cheap and will require significant funds

I am NOT looking to invest in an existing altcoin.

Any help would be sincerely appreciated
Post
Topic
Board Altcoin Discussion
I wish to invest in company launching an ICO
by
rollsroyce
on 22/12/2017, 00:51:52 UTC
Hello, this is a broad request for information regarding a new ICO.

I have made a large sum of money from investing in Bitcoin. Instead of converting it slowly into US dollars, I want to invest in an ICO .

Can anyone point me in the direction of a company which is looking to launch an ICO and is looking for investors to fund the launch using a combination of Bitcoins and US dollars.

I understand that it would not be cheap and will require significant funds

I am NOT looking to invest in an existing altcoin.

Any help would be sincerely appreciated
Post
Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 25/09/2017, 05:46:07 UTC
Today price of bitcoin is 3800 dollars so if you want to buy bitcoin now you can do itm but invest only you can afford to lose . Bitcoin is good for longterm and for sure if you hold bitcoin for few years you can earn a lot of profit because maybe next month the price become 5k dollars and it will continue to increase again. You can store your bitcoin in coinbase they  base on Us dolllars and this wallet is very safe.


Coinbase has major security issues. Trading is difficult enough. Hackers stealing your Bitcoins on a daily basis is too much for me.

I have just finished reading the article in Fortune.com (Hacking Coinbase: The Great Bitcoin Bank Robbery)
http://fortune.com/2017/08/22/bitcoin-coinbase-hack/

Coinbase was successfully hacked 30 times in a month. That is an average of once a day.

i have been Googling Coinbase.  They are having appalling reviews about not paying customers, blocking access to their accounts, and not responding at all to emails or phone calls etc.

Some customers are saying that any big deposits are blocked from withdrawals and then the customers are blocked from accessing their accounts.

No Coinbase for me

 

Some recent reviews of Coinbase. These reviews are so bad.

https://au.trustpilot.com/review/coinbase.com
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Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 25/09/2017, 05:39:50 UTC
Today price of bitcoin is 3800 dollars so if you want to buy bitcoin now you can do itm but invest only you can afford to lose . Bitcoin is good for longterm and for sure if you hold bitcoin for few years you can earn a lot of profit because maybe next month the price become 5k dollars and it will continue to increase again. You can store your bitcoin in coinbase they  base on Us dolllars and this wallet is very safe.


Coinbase has major security issues. Trading is difficult enough. Hackers stealing your Bitcoins on a daily basis is too much for me.

I have just finished reading the article in Fortune.com (Hacking Coinbase: The Great Bitcoin Bank Robbery)
http://fortune.com/2017/08/22/bitcoin-coinbase-hack/

Coinbase was successfully hacked 30 times in a month. That is an average of once a day.

i have been Googling Coinbase.  They are having appalling reviews about not paying customers, blocking access to their accounts, and not responding at all to emails or phone calls etc.

Some customers are saying that any big deposits are blocked from withdrawals and then the customers are blocked from accessing their accounts.

No Coinbase for me

 

How to lose $8k worth of bitcoin in 15 minutes with Verizon and Coinbase.com

https://medium.com/@CodyBrown/how-to-lose-8k-worth-of-bitcoin-in-15-minutes-with-verizon-and-coinbase-com-ba75fb8d0bac
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Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 24/09/2017, 06:11:30 UTC
Today price of bitcoin is 3800 dollars so if you want to buy bitcoin now you can do itm but invest only you can afford to lose . Bitcoin is good for longterm and for sure if you hold bitcoin for few years you can earn a lot of profit because maybe next month the price become 5k dollars and it will continue to increase again. You can store your bitcoin in coinbase they  base on Us dolllars and this wallet is very safe.


Coinbase has major security issues. Trading is difficult enough. Hackers stealing your Bitcoins on a daily basis is too much for me.

I have just finished reading the article in Fortune.com (Hacking Coinbase: The Great Bitcoin Bank Robbery)
http://fortune.com/2017/08/22/bitcoin-coinbase-hack/

Coinbase was successfully hacked 30 times in a month. That is an average of once a day.

i have been Googling Coinbase.  They are having appalling reviews about not paying customers, blocking access to their accounts, and not responding at all to emails or phone calls etc.

Some customers are saying that any big deposits are blocked from withdrawals and then the customers are blocked from accessing their accounts.

No Coinbase for me

 
Post
Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 24/09/2017, 05:49:03 UTC
Today price of bitcoin is 3800 dollars so if you want to buy bitcoin now you can do itm but invest only you can afford to lose . Bitcoin is good for longterm and for sure if you hold bitcoin for few years you can earn a lot of profit because maybe next month the price become 5k dollars and it will continue to increase again. You can store your bitcoin in coinbase they  base on Us dolllars and this wallet is very safe.


Coinbase has major security issues. Trading is difficult enough. Hackers stealing your Bitcoins on a daily basis is too much for me.

I have just finished reading the article in Fortune.com (Hacking Coinbase: The Great Bitcoin Bank Robbery)
http://fortune.com/2017/08/22/bitcoin-coinbase-hack/

Coinbase was successfully hacked 30 times in a month. That is an average of once a day.
Post
Topic
Board Trading Discussion
Re: How much did you lost today, including profits.
by
rollsroyce
on 17/09/2017, 07:47:50 UTC
As long as you don't sell while the value is down, you do not lose any money. HODL until the price recovers.

Too many people panic sell.

This statement is only true if the market is guaranteed to always go up in price.
Why do you believe that this market will ALWAYS go up?

Spoiler alert; I think that Bitcoin will recover and go higher in the future, but I also think that it has further to drop and will reach lower lows in the near term. Around $2500 for Bitcoin and $100 for Ethereum.
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Topic
Board Trading Discussion
Re: How much did you lost today, including profits.
by
rollsroyce
on 17/09/2017, 05:02:25 UTC
What I have lost today in this scenerio is what I termed 'unrealised loss'. I believe quite a number of people will fall in this category because the loss is one that have been made by the reason of holding, the loss came as a result of the drop in the value of our investment from what it was some days back and not as a result of sale.

Currently, I have an unrealized loss of about $100 because I made some some not too long ago and that was when the price was in the region of the $4,500 but the loss will soon turn to real profit soon.


An 'unrealized loss' is still a loss. Its like pulling a blanket over your head so you can't see the wreckage of your trade.
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Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 17/09/2017, 04:57:54 UTC

Though you are very lucky to make it in your last investment  according to your testimony and I am very happy for you for making so much at list double your investment. Since you said you are new I think you should study very well to know when to buy and time to sell.

OP here.

Thanks for your advice. I am an experienced trader and investor. I am waiting for the Bitcoin price to drop before I get back in.
Maybe around the $2500 area. Any market that goes parabolic eventually collapses back to much lower levels.

Is there a way to short this market through a reliable broker?


Bitcoin is starting to get down to my target area.  Currently at $4180. Down from $4969.  Thats down 16% in less than 2 days.
Ethereum is now down from $391 to current $295. Thats down 25% in less than 2 days.

I love this market
[/quote]

OP here

Bitcoin has now gone as low as $2981. It will definitely get to my target of around the $2500 area.
Ethereum has now gone as low as $201. It will get to $100 without even working up a sweat.

Bitcoin at $2500 is a good place to buy.
Ethereum is a good buy at $100
Post
Topic
Board Trading Discussion
Re: How much did you lost today, including profits.
by
rollsroyce
on 05/09/2017, 06:20:56 UTC
See topic title.

Me personally, a couple thousand $.  Sad



The big question to ask yourself is WHY DID I LOSE MONEY TODAY?
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Topic
Board Trading Discussion
Re: How can I short the Bitcoin market?
by
rollsroyce
on 05/09/2017, 06:16:06 UTC
I trade with IG (ig.com). They have BTC/USD, ETH/USD and BCH/USD pairs. For BTC 7.5% margin. Spread is a little bit high at 20$, but with the high volatility in BTC it's not that bad.

Another broker I know is Plus500, they have even more crypto pairs (BTC, BCH, XRP, XMR, LTC, ETH, DSH, XEM). For BTC 3.33% margin. 18$ spread. I have never traded with them though.

Interesting.

Positive Points

    +FTSE 250 company with a market capitalisation of £2.1 billion (31 May 2017)
    +Regulated by the Australian Securities and Investment Commission (ASIC)
    +Offices in 14 countries across five continents
    +185,800 clients worldwide (May 2017)
    +Average of over five million transactions globally per month (Apr-Jun 2015)
    +Net global trading revenue of £491.1 million1
    +Over 1500 staff around the world (May 2017)

Negative Points
 
     -"IG.com is operated by IG Markets Limited. ABN 84 099 019 851, AFSL 220440. Derivatives issuer licence in New Zealand, FSP No. 1892
      -The information on this site is not directed at residents of the United States or any particular country outside Australia or New Zealand and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation."


Post
Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 05/09/2017, 05:59:38 UTC
Buy now as much as you can, then save it in the hardware wallet. Write the the key, make sure that you are not loss the key. Don't be afraid if the price of bitcoin is fall because it will go up again.

OP here

That is a terrible way to trade or invest in Bitcoin.

When a commodity is as volatile as these cryptos, it is much easier to trade both on a short term and long term basis using price targets.

I have bought into Bitcoin at under $2000, sold a couple of weeks later at $4100

I am now waiting for it to fall to around $2500 where I buy again.
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Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 05/09/2017, 00:13:15 UTC
Here is the reason for the fall in Bitcoin and Etherium.
http://www.zerohedge.com/news/2017-09-04/ethereum-bitcoin-crash-after-china-declares-initial-coin-offerings-illegal

"Ethereum and bitcoin are crashing this morning, after China confirmed its recent threat of an ICO crackdown (reported here last Monday) when the central bank said on Monday that initial coin offerings are illegal and disrupt financial markets, according to statement on China’s central bank website. The PBOC also asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the controversial if surging market for digital token sales."
Post
Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 05/09/2017, 00:01:06 UTC

Though you are very lucky to make it in your last investment  according to your testimony and I am very happy for you for making so much at list double your investment. Since you said you are new I think you should study very well to know when to buy and time to sell.

OP here.

Thanks for your advice. I am an experienced trader and investor. I am waiting for the Bitcoin price to drop before I get back in.
Maybe around the $2500 area. Any market that goes parabolic eventually collapses back to much lower levels.

Is there a way to short this market through a reliable broker?

[/quote]

Bitcoin is starting to get down to my target area.  Currently at $4180. Down from $4969.  Thats down 16% in less than 2 days.
Ethereum is now down from $391 to current $295. Thats down 25% in less than 2 days.

I love this market
Post
Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 04/09/2017, 03:07:19 UTC

you can buy BTC in a market that has a high volume of exchange such as bittrex, for storage you can store in bittrex by installing 2FA security.

OP here

You should definitely read the article below in the Fortune.com magazine (Hacking Coinbase: The Great Bitcoin Bank Robbery)
http://fortune.com/2017/08/22/bitcoin-coinbase-hack/
Coinbase was successfully hacked 30 times in a month. That is an average of once a day.  BTC-e is even worse.
And because Bitcoin is hard to trace, it means that the lost money won't be able to be recovered.

It also seriously exposes the unbelievable weaknesses in 2FA security.
Post
Topic
Board Trading Discussion
Re: How can I short the Bitcoin market?
by
rollsroyce
on 04/09/2017, 02:54:46 UTC
THIS IS A QUESTION FOR EXPERIENCED TRADERS IN BITCOIN

I am an experienced trader in other markets and would like to trade the Bitcoin market on both the long (buy) side and the short (sell) side.

Can someone point me in the direction of the three biggest exchanges that allows me to go long or short the BTC/USD
Seems like you are a stock or forex trader.If you do like to trade BTC/USD then try SimpleFX since you can able to trade up bitcoin on there and at the same time you can able to trade with Forex and commodities.
There are famous exchange on here on cryptoworld but they are just focusing on crypto. Try poloniex.com or bittrex since these are the famous exchangers as of now. Shorting bitcoin movement is somehow difficult if you are not experienced enough to be an active trader.

SimplexFX is based in Saint Vincent and the Grenadines  Huh Lips sealed

It is also NOT licenced by ANY financial regulator.

It has also had some very serious allegations of scam.  ( See reviews here: http://www.ratingfx.com/broker/simplefx )
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Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 04/09/2017, 00:25:08 UTC
Since you are focused with BTC/USD tradind you will be solely using a web wallet. Coinbase will be the best choice for you, though this type of trading is risky and letting your coins sleep at them, put some of youe bitcoins on an electrum wallet for long term holding, it is secured.

Coinbase has major security issues. Trading is difficult enough. Hackers stealing your Bitcoins on a daily basis is too much for me.

I have just finished reading the article in Fortune.com (Hacking Coinbase: The Great Bitcoin Bank Robbery)
http://fortune.com/2017/08/22/bitcoin-coinbase-hack/
Coinbase was successfully hacked 30 times in a month. That is an average of once a day.  BTC-e is even worse.
And because Bitcoin is hard to trace, it means that the lost money won't be able to be recovered.



Post
Topic
Board Trading Discussion
Re: How can I short the Bitcoin market?
by
rollsroyce
on 03/09/2017, 11:51:26 UTC

Problem is that mainstream brokerages don't usually accept bitcoin or even list bitcoin as a trading pair.


Seems like a true market opportunity for someone.  Cool
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Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 03/09/2017, 06:19:23 UTC

 Here you made bought the bitcoin and also sold at high , so probably it is a sign that you are lucky but what you will say about the people like me who lost the money suddenly in the bitcoin when get started and the price get down and due to fear i sold them .


I may have been lucky.  But I would NEVER have got into the position of having to sell because of fear.