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Messages - bityndye

Pages: 1 [2] 3 4 ... 14
16
Cryptocurrency Trading / Re: Learning day trading
« on: September 14, 2018, 05:10:29 AM »
If given the choice then I would like to day trade but because there are times when my target price would not be reached then I would just wait for some time even if it would take days or weeks for my target price to be reached. It will become short-term trading then but I don't mind. I am only using the simple indicators like fibonacci and then stock RSI along with the support and resistance.

17
Cryptocurrency discussions / Re: Time and Treasure matters
« on: September 13, 2018, 04:34:58 AM »
This is the Time to buy more whether bitcoin, ethereum, and some of the potentials coins to be your Treasure possession when market soar high again. However, it is not the responsibility of market to make you rich. You are responsible for your own good. So don't panic to sell and don't be too much aggressive to buy. Presence of mind be with us.

Definitely, nowadays it is a good opportunity to stock up on your favorite coins because when the time comes that the market will turn around, you would regret not buying them in this level. However, you should know how to manage risks wherein you should not buy it in bulks but you should buy in percentages to protect your self from volatility and if you have profits then you should consider taking some and do not be greedy.

18
Cryptocurrency discussions / Re: Do you think ICO investors are decreasing?
« on: September 12, 2018, 05:35:19 AM »
ICO investors are not decreasing but rather becoming more knowledgeable in crypto. Investors used to enter the market blindly, throwing their fortunes on any ICO. Now, investors know how to research and come out with good ICOs which are feasible enough to be successful at the end of the day.

Yes, many investors are now knowledgeable when it comes to ICOs because they have seen so many scams before and they know what to look at when they are doing due diligence. Some may even just decide to just buy when the coins are getting listed in exchanges because there is a higher possibility that the price would only be a percentage of the ICO price since there are many dumpers so it would be more advantageous for them.

19
Bitcoin Forum / Re: Bitcoin as payment system
« on: September 11, 2018, 03:57:56 AM »
We are already using it as a payment system but unfortunately, only a few merchants are accepting it currently and because of its nature of being volatile, many are taking this opportunity to make it as an investment instead of as a payment option because of the possibility of growing in value. We know that it needs to be circulated so that people would continue to use it and some would know it but we can only reach that point when it would have a stable value then.

20
Bitcoin Forum / Re: Why you shouldn't invest in Bitcoin anymore.
« on: September 10, 2018, 04:54:10 AM »
I think it is still a good investment nevertheless because many are positive that it should be worth more than it is now. Its price may be very volatile but then you can still find opportunities to profit from it especially if you are trading because the price has big bounces so if you are familiar with its movements then you will be able to profit even just small as long as you have a good trading plan. If you are planning for long-term investment then cost averaging would be ideal for me.

21
Cryptocurrency discussions / Re: What makes the price of Alt Coins rise?
« on: September 09, 2018, 09:10:47 AM »
Of course, it would be base on supply and demand of the coin. If there is fix supply and the demand continues to go up then the price would go up as well and when the people decided to sell their coins then the price would go down. When the coins have unlimited supply then the price may go up when there is a strong demand but if the supply would be able to keep up then the price would eventually go down. Those coins that have in-demand use cases have a tendency to be more in demand that's why you should choose those kinds of coins if you want to invest for the long term.

22
I completely agree with you. But you can check from the bounty manager(well known ones are less likely to be a scam) or search the project visuals from google for starters.

Those who are managing bounties for some time and definitely already has a track record of paying on time then I would for that manager because most likely they would review the ICO first before accepting the project since it will also tarnish their reputation when they accept a project that most likely will be a scam.

23
Cryptocurrency discussions / Re: Get ready for the ride...
« on: September 03, 2018, 06:04:17 AM »
Many predictions that I have seen clearly and until now I cannot deduce crypto prices specifically. With this information I begin to understand. If you observe the movement of the coin market now, the Market is starting to move green with its mark rising. That's a very good start. And hopefully it will continue to rise until the end of 2018.

I am hoping as well that the bear market is already finished and we are heading north. Well, we can still take advantage and earn from it through trading because there would still be fluctuations and if one has an understanding when it comes to technical analysis then he already has an advantage because he is not just taking a wild guess when buying or selling.

24
Sorting Box / Re: Have you used faucets?
« on: August 27, 2018, 07:41:20 AM »
I use faucets two years ago and during that time, each hour they would give you around 1000 faucets and many of them are legit and then for some time I got bored so I find another way to earn and that is through another forum. I am earning much better within a short period of time. That's the reason I stop earning from faucets and just focus on earning from forums because it is a much better way and I am learning every day.

25
Cryptocurrency discussions / Re: People say altcoins won't survive
« on: August 26, 2018, 05:53:28 AM »
Those scam coins would eventually be worthless and they are just existing for now because they are used by the pump and dump groups to profit from its members. Out of the thousands of coins out there, the majority of them have still no project or still on-going development and still has a possibility of not being implemented so it still has a chance of being worthless. Even those projects that have a project are having a hard time so we have yet to see those projects that are valuable and has demand.

26
I want to invest in good quantity. but it is very hard to rely on hardwallets. MyEthWallet seem good in terms of ease of availability. I need to know if it is enough safe to use MEW?

I have many tokens in myetherwallet and I use it because it is just convenient although I take all the necessary precaution when it comes to accessing it because of the possibility that the site I will be accessing ends up to be a phishing site that's why I access it always through my bookmarked making sure that it's secure. I wait first for the site to say it's secure before I would input the information.

27
Cryptocurrency Price Speculations / Re: Bitcoin Price Today
« on: August 25, 2018, 07:01:33 AM »
Bitcoin price is increasing again since its dip two days ago and some shorts are being liquidated. The Stoch RSI is overbought so I would bet that the price would go down sooner or later otherwise there would be a pump again that would trigger those buyers to buy more. I would be alert at this level because it is having a hard time breaking that $6,750 level so if you have profits now, it is better to take it.

28
Cryptocurrency Price Speculations / Re: Ethereum to $2500 this year.
« on: August 25, 2018, 04:35:50 AM »
Eth is the leading altcoin among all altcoins, some believing that this crypto is next to bitcoin and seems that they are all right because it has a great ammount of volume in the market and the community of the investors are big and it getting strong more and more. So in my opinion $2500 this year is too easy for eth to achieve. Do you agree with this. Share your thoughts.

Given that bitcoin would be doing good and have a price increase then there is a high possibility that ethereum would be able to reach that price because it just follows what bitcoin is doing and it's not only the con that is doing that but most of them. If ever ETH is $2,500 then bitcoin most likely would be having a new all-time high.

29
So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?

If you have more funds OP then better invest more to it so that you can average down but then if you are now doubtful, you can just choose to sell your coins which I think too late now or wait for the time when you will have profits. If you have the time then do some trading and earn those small profits because it would be accumulated and maybe you would be able to catch up and turn your losses into profits.

30
Basic questions about this forum / Re: why don't I count the posts??
« on: August 23, 2018, 04:14:20 AM »
It's actually a good thing that some posts are not counted because it would force the member to have a substantial post for the post count to increase. It would just reduce the spam caused by short posts and the more you are posting longer posts, you would get used to it and would be a big help for the community and for yourself as well to increase the writing and typing skills.

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