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Showing 20 of 348 results by terrate
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Board Beginners & Help
Re: How do Spreads Work?
by
terrate
on 09/04/2020, 06:04:44 UTC
high spread that means exchange earn more.
And u need to decide ur starting /end point for your profit.
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Topic
Board Trading Discussion
Re: Any good KYCless exchange ?
by
terrate
on 09/04/2020, 05:13:48 UTC
What's good these days ?  My old exchange quadriga went bust and I'm looking for a trusted exchange that's simple and doesn't require registration or personal info. just email at most.  I only have small amounts and only want to convert and not neccessarily withdraw.

Since you've a small account, Binance is a perfect fit. You don't need to KYC to enjoy most of its features (deposits, withdrawals, trading etc).   You just have to create an account and voila, You should be good to go. If you're not comfortable with centralized exchanges and you can checkout decentralized exchanges like DDex. They don't require KYC details AFAIK.
Yeah, if you will only use small amount of investment, Binance is one of the best option since they are allowing traders to use their facilities as long as you are not going to surpass their limits, they are allowing up to 2btc if i'm still recall it correctly. Though if you are looking for much higher trading capabilities or you wanted to maximize everything then that's the only time you'll be needed to submit your KYC.
I think for ordinary investors, the withdrawal of 2 BTC per day is too high and binance has done a good job of attracting new investors without forcing them to KYC.

In addition to Binance, exchanges like Bitmax and Huobi also do not require KYC and this makes these exchanges receive great trust. I hate KYC compulsory exchanges because it's against the standards of the crypto market.
I also hating KYC compulsory. Why we need to give them our real identity to risk.
And also we need to take care for our own security to this crypto world .
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Topic
Board Trading Discussion
Re: Arbitrage trading in digital currencies
by
terrate
on 09/04/2020, 05:11:11 UTC
Are any of you profit from arbitrage trading?
Sometimes.

But there is a problem went doing some arbitrage:
  • The time's exchange process your withdrawal requested.
  • Fee used by the exchange.
  • Scan up the transaction and how much required the minimum confirmation transaction.
This factor can be a problem, sometimes the exchange process manually for the withdrawal activity and the fee transaction used by the exchange was pretty small make the transaction got a delay on the chain. Also, we have the last problem every exchange has a different timeframe scan up of the deposit activity and how much they need to require the minimum confirmation of a transaction. The longest confirmation transaction i've ever done is 400 confirmation for almost more than 6 days.

So make sure before doing any arbitrage u should aware of the exchange you gonna use for arbitrage.

That's the reason why you need to have a big initial investment if you really want to succeed in arbitrage trading. If you are planning to first execute trade in one exchange and then withdraw the profit to your wallet and the deposit that amount to another exchange to execute another trade - Your profits are gone. I have done arbitrage trading for a quite a long time during my initial trading days.

You need to first identify 4 exchanges through your research where you see most price disparity. If you have $2000 to start with then, first divide that $2000 in to Bitcoin and USDT. Then further deposit $250 worth of USDT and $250 worth of bitcoin in each exchanges. It will help you to simultaneously execute trades within each exchanges whenever you see an opportunity. That's how we need to execute the arbitrage trading and make profits.
I no do arbitrage one becoz need to consider so many things, even withdrawal fees changes and also need to very clear to know what u do.
It more depends on exchange and not one exchange only u need to concern. that's why i don't love it.
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Topic
Board Trading Discussion
Re: Questions about Algorithmic trading , Automated trading
by
terrate
on 09/04/2020, 05:08:12 UTC
I Never had algo trading done or developed an software , strategy , I have seen some videos of it in youtube

Dont laugh at my questions   Smiley

Q1 : In future there will be more bots trading then human because of Algo trading ?

Q2 : What analysis we use now Technical and fundamental or what ever XYZ analysis will it work in future ?

Q3: what it will be like only bots trading ( for even small profits bots can put 100s of trades )  will this spoil whole trading system we use ?

Q4 : If we want to make profits ALL we have to do is a develop a strategy and code them and let bots do the work and put profits into our bank account ?

so in simple i want to know

how will Algo trading be in future , what happens to traditional systems that we use now , how will be future of trading  (may be after 10years from now )

laugh for what, is good to ask question.
A1 : no. becoz algo trading for ppl who is big capital and surely for long term investment or hedging. Manual trading is good for profit.
A2 : TA (Technical analysis) is for you to know what is your start / end point, charting let u easy to see those thing. Both is reference for your trading plan or decision. But the most important is your own opinion.
A3: bots trading only will profit if same terms made (which use previous history ) but not spoil the trading system we use. We can decide which one we use.
A4: no. at last will be finished one but if u can't control urself, u better use bot.
Post
Topic
Board Trading Discussion
Re: Why Traditional Traders are Setting Their Sights on Crypto
by
terrate
on 09/04/2020, 04:55:23 UTC
For a long time now traditional traders have steered well clear of Bitcoin and Crypto. This has mostly been due to regulations, but recently they seem to be having a change of heart. There are a few reasons that could be factored in, but undoubtedly the big one is the looming global recession.


Here is why Traditional Traders are Setting Their Sights on Crypto: https://coins.newbium.com/post/30235-traditional-traders-are-setting-their-sights-on-cr

Why do you think they are having a change of heart?

No, i don't think is due to regulation, just another financial product for them to trade only.
More choices more opportunities.
And for now because of uncertainties , not every traders are high-risk one, so they need to do some hedging.
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Topic
Board Trading Discussion
Re: Crypto Trading Bot
by
terrate
on 09/04/2020, 04:52:50 UTC
first time i heard ppl need trading bot for those competition, i think no need.
Because trading bot need cost your money but not guarantee to win your competition one.
No suggest to use trading bot unless u want do some charting analysis in your consideration for trading decision.

Post
Topic
Board Trading Discussion
Re: How to Become a Professional Day Trader
by
terrate
on 09/04/2020, 04:49:05 UTC
    I think very few people give up a full time job to handle and survive from crypto transactions. To become a trader it is very important to have some money to survive for a period of time until you start making a profit. Trading is very complex and requires many years of experience to process all the information that will make you a good trader.
Giving up a full-time job for a job that has no assurance isn't practical but it works with a large risk in it. It's hard to support a day trader if there is no capital you can use when you lose a trade. I think it is better as a side job for a full-time workers or some people that don't want to sacrifice any responsibilities. I know some people who become a full-time trader and they know the risk of quitting their job. They gain months after and until now they still continue their daily trades. It's full of risk but the returns are quite amazing.

i agree v above. Better do part time if u not feel good to lost your job. Becoz there will be pressure on your day trading if u do full time unless u got big bankroll.
And  also becoming day trader maximum is spend 3 hours because if u spend more than that there will be loss concentration of your predict unless u do online course then u spend more on charting and socializing. Need fully control your time as day trader also need trading plan unless u try to be scalpers.
Post
Topic
Board Gambling discussion
Re: Have you tried explaining provable fairness to old-school gamblers?
by
terrate
on 29/02/2020, 05:01:32 UTC
I have, and they quite understand that there is an element of trust imposed in a gambling house wherein no physical location is present.

I have reiterated this to my older colleague in the past and told him that if he were to play in a crypto gambling casino, checj whether the games are provably-fair, else he would get ripped off of his money. That guy never touched a single online casino though was keen on learning how a provably-fair gambling game works. He may not have grasped the idea of hashes and checking it but at the least, he didn't impose that trust is the only thing he needs whenever playing for an online gambling casino

Provable fairness is something you won't see on traditional casinos and you can't tell whether a game is rigged. Nonetheless, people flock and lose money there because it is where most people are playing plus the fact that some are accredited by the government, so their notion that they are not going to get ripped off is somewhat false.

That's why if u explain provable fairness to your friend as they always go casino one then will be no sense. This thing only at online crypto casino.
And if u want to explain, u even want to explain crypto, so just let them play the website a while and teach them.
However win many rounds and not go away or place bet with same behavior (example always martingale on big/small) will be big percentage to be rigged off even online casino.
Unless your are big player who want to have big wagered to get rewards etc. 
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Topic
Board Gambling
Re: sportsbet.io Partial cashout not working
by
terrate
on 23/02/2020, 04:44:19 UTC
actually i don't know what happened of your case, can screenshot to let everybody see?
Post
Topic
Board Beginners & Help
Topic OP
when search engine ok?
by
terrate
on 04/01/2020, 02:45:02 UTC
Hi , i quite sometime no log on to bitcointalk.
As i want search something inside forum , but i found the function is under maintenance? Huh

So when will be this search function ok?

The error msg when i input on forum search engine:
An Error Has Occurred!
Search is temporarily down for maintenance. Use the Google search or try again tomorrow.

Post
Topic
Board Gambling
Re: Bitdouble.io |social gambling game |Prov fair | 0.005 mBit faucet | New PVP game
by
terrate
on 06/09/2019, 19:17:18 UTC
Lmao  WOW!  A couple of yall are tripping a bit much,.Considering the site has been up front, transparent and said exactly the reason for the down time. Starting to look like you just droppin off some fud in here.
I am one of their regulars as someone described above. But I read the posts here from the site. Im not left believing its a tiny tech issue.,and I have no bad vibes about their return. .

It is normal because the admin says that the site will come back within a week but in fact a week was passed and the site is still down. No one dropping some fud here, most people are just asking about the real situation while there is no clear updates on what is going on after a week is passed. I'm sure it will happen in almost all site when there is a downtime more than expected.
Admin said soon yesterday, so people is expecting that the site will come back in the next few days only. Lets see..

that's why i can't surf bitdouble.
But the admin at least must put site under maintenance as we don't know what happened actually.
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Topic
Board Micro Earnings
Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!!
by
terrate
on 20/07/2019, 21:14:20 UTC
freedoge.co.in - free roll rewards half? Why? I now only see 0.09 Doge per roll, as it was last night 0.16 or 0.17 Doge per roll?

Any requirement to open the limit?

Why has the minimum faucet reward been reduced?
We have been operating Freedoge.co.in at a loss for the past few years and have been running it as a sort of charity because we like the principles behind Dogecoin. The website has seen increasing amounts of fraud which negates any profit that could have been made from legitimate users.
As a result of this, we had to choose between shutting the website down entirely or reducing the minimum reward and we chose the latter so that legitimate users can still get some free dogecoins while at the same time, it becomes unprofitable for abusers to steal from the faucet on a large scale. We apologize for any inconvenience this may cause.



actually i love your freedoge site. but the faucet reward really too low. Is it possible to make a lottery like freebitco or anything new add on ?

Post
Topic
Board Beginners & Help
Re: New Telegram Scam: be aware of Malware files!
by
terrate
on 01/12/2018, 13:48:17 UTC
This is why I don't join such telegram groups with unknown people. And that's suspicious enough not to download files that contains ".scr" and any other unfamiliar file extension. Thanks for sharing this for the sake of most.

That means everywhere that involved cryptocurrency is not safe or you can't trust anyone that you didn't known or met in personal. Some sites that has escrow or called as mid-man that will be taking care of a trade from both parties that are trading scammed both the seller and buyer. Trust Yourself, Trust No one until it's proven safe.
Trading is different from downloading unwanted files. In trading, you can choose to whom you can trade unlike in downloading unfamiliar files, once it is on your PC it can react quickly and do something bad to your local files and even touch your unsecured wallets.

same i also not join this type of telegram group. promote things is ok but even malware came out too.
file type also need to take care too, execution file don't download !
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Topic
Board Beginners & Help
Re: A Forex Broker allowing cryptocurrency trading
by
terrate
on 01/12/2018, 13:44:27 UTC
Hello,

I am new here. Please recommend a Forex broker allowing cryptocurrency trading and also allows the use of high leverage. I want to know the minimum deposit and conditions. Please point me in the right direction.

If u want the " cryptocurrency trading "is CFD trading then u can use etoro, they always improve their crypto CFD terms. And also easy to do forex too.

If u want cryptocurrency trading ( which means buy bitcoin sell ETH etc ), for i know don't have forex broker provide this service.
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Topic
Board Beginners & Help
Re: Are you getting addicted to cryptocurrency? Lets help you.
by
terrate
on 01/12/2018, 13:39:35 UTC
Before sleeping check bitcoin price is the worst addict action!
especially for downtrend now. Grin
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Topic
Board Beginners & Help
Re: Bitcoin scams
by
terrate
on 01/12/2018, 13:36:54 UTC
If u not sure is this website scam, look for the related topic on bitcointalk, that is the fastest way to see crypto ppl thinking about the website.
secondly, u can ask on forum too, but u need to notice if the answer ppl is on the website campaign then u need to took more answer. Or the answer from the ppl who not involved promoting the website.



Post
Topic
Board Economics
Re: Friends reactions to crypto currencies?
by
terrate
on 01/12/2018, 13:13:57 UTC
it depends on country. my Philippines friend know bitcoin and they even do cloud mining and trading.
but for my country they just know bitcoin this name but totally not think of earning by crypto. some will ask me, after they know high risk then they don't want.
Post
Topic
Board Beginners & Help
Re: way of mining on mobile
by
terrate
on 01/12/2018, 12:35:08 UTC
i FULLY not suggest u do mining of mobile.
First becoz due to mining, your cpu will easily got heat then other apps , your phone lifespan will shorter.
Second if u not familiar with cyber security , the mining apps might got malware, which will steal your information like facebook etc.
Third not worth it. u can get cents only if use phone to mining and if the app want to scam you, they can higher their min. payout and u will give up urself!
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Topic
Board Beginners & Help
Re: Crypto might be our future
by
terrate
on 01/12/2018, 12:25:26 UTC
Crypto is being used worldwide already and some people think it'll be our major currency in the future.  I invested a few months ago and i've read articles that say how banks manipulate the people's money which in turn becomes a scam.  I never really trusted the government since some politicians usually are in it for the money and power.  I fimly believ that the crypto industry will not end and hope that in a few years, it'll be utilized more efficiently towards the betterment of our planet.   Cheesy
It sure will be utilized more as many ppl already know crypto (at least they will google bitcoin), crypto is the alternative of fiat currency too.
Politician will affect monetary policy and central bank print money too, if politician wrong , then country will be big trouble.
Not being negative but I don't think it will be the "major currency". Real talk, not everyone will have access to crypto even in the future. This "Crypto Dream" will not be acheived because we still have many issues about technology all around the world. Plus not everyone can afford one.
Yes it will not be major too and country will not hope its fiat currency become alternative ><
Yes crypto dream is difficult because crypto is technology things which not 100% safety and hacker still have chance to hack our coin.
So as personally u need to do safety on your coin too!
actually if u are beginner i will not ask u to buy a lot of crypto too, u can try small one. try how to do transaction, how to trading and maybe how to kept your coin safe too. after u know a lot of things, u can step by step involved in crypto world.

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Topic
Board Bitcoin Discussion
Re: Bitcoin is not intended to be a stock. Blockchain has nothing to do with price
by
terrate
on 01/12/2018, 11:58:39 UTC
Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's,  quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.

If u do CFD on bitcoin then bitcoin will be a stock. You will get history data. And the report u need to self collect on website/portal and analyse your own.
P2P is difficult because there will a lot of scam outside (like u buy from personal seller can be scam also) and also criminals will use bitcoin too and u need to face them carefully if u like to. Middleman is ok, but the problem is middleman (exchange etc) will need to do KYC if government involved in.
Sure bitcoin not fraud, but will affect by technical (example fork) and hacker will hack your things if u not careful or not familiar.