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Messages - BitMaxz

Pages: [1] 2 3 ... 23
1
Philippines (Tagalog) / Re: Bitcoin Stocked sa 63k
« on: May 07, 2024, 08:38:10 PM »
Sa ngayon ang nakikita ko mag stay ito around 63k pag na break out nya yung pattern nya under dito sa 63k baka bumababa ulit ito around 60k. Sa ngayon ang technical analysis nag indicator nagsasabing bullish pa ngayon so baka nag iintay pa ito na mag down at iwipe out yung mga naka pag long around 60k kasi ang kapal pa e alam naman natin na parang minamagnet kung nasaan ang may mas marami naka set ng long or short dun pumupunta yung presyo kaya sa palagay baka itong mga susunod na araw iwawipe out nya muna lahat yang mga nakaposition sa mababang presyo bago tumodo sa 65k level. Hindi ko lang din sure pero yan ang naoobserve ko oh kung hindi at na breakout nanaman si 60k baka pumunta na sa major support bago umakyat ulit pabalik sa 60k level pataas at pag tapus pa ata ng q2 natin makikita ang bullish.

2
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: May 07, 2024, 09:09:34 AM »
In this case, I think everyone wants to make a profit in a short time, but when we take it, the risk we will have will also be greater, so to minimize the risk we can hold on for a long time with patience.

Not everyone is able to trade, I mean not everyone is skilled at trading. And maybe holding could be easier, because we only need to hold and we are also required to always watch price movements at all times. So it's true, this depends on our choices and also based on the knowledge we have.

Investors always keep holding until the price goes to their target price or target date, but traders who analyze the market structure and know where the price will go will react right away before they lose more, and traders always set a stop loss because they know risk management is the only solution to cut losses on every trade to potentially make more profit than losing, unlike those who keep holding for a long time. So if you keep holding, you may lose in the end.


3
Username: Doovla
BTC SegWit Address: bc1q5lhq6trmn0e3scncd3rn4203mltptue4m0nwfz

I am sure you are not Doovla  ;D
Maybe he is, he was smart enough to change the btc address, but not the username. Alts make little mistakes like that all the time. Only the admin knows for sure and this could be a mistake.
Oooppsss....  ;D sorry about that just edited my previous application I just copy-pasting the one above my application and forgot to edit the name.

4
Cryptocurrency Trading / Re: Simple practices to improve trading.
« on: May 06, 2024, 11:09:13 PM »
Failure is the beginning of it all, when you diligently learn and know how the crypto market works,
you will understand more and more not to make the same mistakes.
Technical analysis also needs to be balanced with fundamental analysis, because fundamentals are also very influential for the crypto market.

Study each indicator and use the one that you find easy and suitable for your trading style.
Do not force using all indicators, maybe you only need to combine several indicators.

That is what I did over the past few months having multiple trading indicators I thought would help predict the next price action but having multiple indicators would just give you confusion and I just realized that you should focus only on 2 or 3 indicators for validation and it depends on what type of trader you are.

In my experience for intraday, I got more losses than wins in intraday fundamental analysis wouldn't work it is pure technical unless if we only trade for the long term because you can react right away and exit when your fundamental analysis pointing to bearish season unlike in day trading the price action is pretty fast and you can't react right away. I learned from my losses this month I see how difficult day trading is I don't know how these intraday people make money on a daily basis or maybe my strategy still needs a bit of improvement?
The only problem is I heard that only 100 out of 7 can be successful in day trading this is the reason that pushes me to stop day trading and focus instead on weekly or monthly because it is far from spikes and manipulation than 1m, 5m, or 15m time frame. bigger picture shows you a better pattern and you can react right away than trading on a very fast price action.

5
Username: BitMaxz
BTC SegWit Address: bc1q5lhq6trmn0e3scncd3rn4203mltptue4m0nwfz


6
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: May 05, 2024, 11:16:52 PM »
Yeah and I regret for not buying as well since I knew Bitcoin at that price range before prices goes rally up. That is why I am trying to catch up right now through Altcoins since they are much cheaper compared to Bitcoin but yeah once I earn profit to alts it will surely be converted back to Bitcoin.

You missed the opportunity recently to buy at $56k last week that is why DCA is always the best strategy if you are a long-term holder because you will miss the dip if you don't do DCA sometimes fear is one of the reasons why we don't buy at the low price and we think that the price will still drop more.

luckily I bought a bit of BTC at around $57k but I missed the dip price because I set my DCA at a lower price around $52k near major support.

7
Ngayon ko lang din narinig yung DCA ginagamit sa futures, kasi kadalasan sa mga traders kinokonsider nila na mali ang analysis nila kapag inabot ng presyo ang kanilang nilagay na stop-loss. Ibig sabihin lang siguro nya na mataas ang nilagay nyang stop-loss tapos habang papalit ang presyo sa stop-loss nya ay bibili sya ulit. Kasi kung hindi sya maglalagay ng stop-loss sa futures tapos gumamit sya ng DCA ay napakarisky nito na maaaring mas malaki pera ang pwedeng mawala sa kanya.

Depende naman sa analysis kailangan mo parin talagang ianalyze yung market kasi minsan talaga na hihit ang stop loss e kaya ginawa ko mag DCA pero hindi naman ako nalagpas sa tatlong beses na DCA kinuconisder ko nang loss pag hindi bumalik sa expected na galaw ng presyo.

Chaka unpredictable talaga yung galaw wala talagang analysis na perfect kaya kailangan nasa mababang leverage lang para maiwasan din na matalo ng malaki.

8

Si Rammdex, ang pangunahing tagapagtatag ng TRANSPARENCY sa merkado ng cryptocurrency, ay naghahanda para sa isang makabuluhang Airdrop. Hindi lamang kami nag-aalok ng aming mga token, ngunit mayroon ding espesyal na mga gantimpala sa USDT para sa pagtatapos ng mga gawain.

Available pa ba ang mga task na ito? Meron ka bang mga listahan ng mga gagawin at magkano ang payment sa kada task?
Interested ako dito kung kahit hindi mag invest sa mga proyekto nyo at gagawin lang mismo ang task na gagawin o kailangan na mag invest mismo sa proyekto nyo bago makagawa ng mga task at ma bayaran?

9
Kapag ma break niya $68k siguro panatag na loob natin na literal na bull run na talaga at doon na magkakaroon ng mas mataas pa na ATH na inaantay natin. Kung mangyari yan mas maaga, mas mataas ang pwede mangyari sa 2025. At sa ibang markets, parang connected na talaga siya sa global markets, dati parang hindi siya kasali pero dahil nga nandito nadin mga institutional investors, kaya ganun nangyayari na halos same ng pattern per market.

Kung mabasag nila yang mismong new ATH yan ang masasabing bullish na pero ang problema walang nag babuy e para ipush ang price above sa new ATH mababa ang volume unless kung nakapag decision yung mga nasa dark pool paaangatin ang presyo ng Bitcoin. Minsan kasi itong mga whales lang ang nag hihikayat jan mag spike sa  mga resistance level bago yung mga retailer kung puro good news nakikita nila marami talagang retailer na bumibili pati trader.

10
Philippines (Tagalog) / Re: Mempool Observer Topic
« on: May 04, 2024, 11:37:41 PM »
Ngayon nasa 15 sat/vB na hehehehe.

Mabuti na lang walang nagawa yung Runes protocol na yun, talagang nang bigla lang sa mga Bitcoin enthusiast. At katulad ng inaasahan natin babalik din sa normal pero hindi ganito kabilis ang inaasahan ko.

Ganun parin ok na rin na nalaos na sila at halos normal na tayo ulit.
Wala nga umakyat nanaman meron nanaman nag simulang mag bayad ng malaking fee o baka spam nanaman ng network kaya tumaas nanaman buti naka pag papalit na ko nung mababa pa yung fee pero ang pagkakamali ko lang na papalit ko yung btc sa 60k di ko akalain na aakyat pa.

11
Iba talaga resistance ni BTC. Mabilis makarecover at yung mga mabilis manghinaan ng loob, di dapat manghina kasi nasa bull run tayo. Ang mahirap lang ngayon ay kung mag leverage ka at mukhang tapos na yung dump pero tama ka kabayan dahil puwedeng fake breakout lang kaya we will see.

Bumalik nga agad sa dati nyang trend above minor support ang tagal dun sa macd ma breakout yun pala bullish reversal na at tapus na and bearish  ngayon above 60k nnmn sana mag stay pero every week iba iba ang galaw ng Bitcoin kung sa chart lang baka this week nasa bullish tayo pero sa susunod na week bearish nanaman bago pa natin makita ang bagong ATH ni Bitcoin.
Sa ngayon ang nakikita ko dahil umakyat din ang Bitcoin naging normal nanaman yung market kasi kahapon lang pabagsak din ang gold at copper pero ngayon umakyat na  din so parang connected sila.

12
Basic Questions about Cryptos / Re: Is this the bottom?
« on: May 03, 2024, 11:39:20 PM »
In my opinion, the BTC halving event signaled the end of the 2022-2023 crypto winter bottom. This means that even if the current price fluctuations are negative, there will not be a new bottom below $15.6K in this cycle. Therefore, optimism should be maintained, and accumulation should be carried out instead of panic selling tokens.


It's impossible to see that level again every cycle the price has a new ATH every block halving so I don't think we will see the $15k again maybe around $25k as a dip price on this new cycle.

The recent bearish is just a correction and I think there are big whales on the dark pool who are selling at that time before it rises again today and Bitcoin is not the only one that kept declining last week almost all on the market are declining including gold and copper. So I think it's just a correction with the help of people with weak hands during that week that is why instead it would just drop a bit while correction it declines a lot because of panic selling.

13
I don't know if this is just me, but I think that traders aren't making profit on a daily basis.

What I think is that, they are making thousands of dollars in just a single trade or 2 trades, and that will be enough for them for a week. I mean they aren't making trades on a daily basis, but they are making 1-2 trades on a weekly basis, but those trades are giving huge profits for them. Of course that thousands of dollars that I said will only happen if you have tens of thousands of dollars in your trading account.

Like you, I also think that way, so I tried as well with futures trading, and I lost my money doing it. From there, I realized that expert traders might not be focusing on the number of trades, but the amount of profit that they can get in every trade. Quality over quality as they say. 1 trade with a profit of $1000 would be better than making 10 traders with lesser profit. More trades = more stress as well.

Yeah agree they have a specific amount target but I don't think all traders do 1 or 2 trades every single day. I saw live traders daily some of them did 1 to 3 trades a day and then stopped but only those who had a big capital would do that because I saw a daily trader who had good trading skills he consistently trading with 8 to 10 coins at the same time not all coins he trade are success but most of them are profit.
So maybe professional intraday have different ways to be profitable every single day.

14
Sa nga yon mukang bumalik na ang Bitcoin sa gitna mismo ng dating minor support na naging resistance ang galaw naman ngayon pa sideways at naka stay mismo sa resistance.
Dalawa lang possibleng mangyari dito kung mabasag man yan resistance level babalik na yan sa 60k above or possible fake breakout at ibagsak ulit ang presyo.

Ang maganda kung aakyat pa ang presyo nito at lagpasan itong dating miner support profit na sa mga naka bili kagabi ng 56k sa altcoin kasi ko e nakapag long kasi mas volatile at yung maliit kong lot margin size pumapaldo pag tama ang prediction ko.

Mukang mamayang madaling araw decision nito kung bababa ulit o babasagin yang dating minor support at umakyat ulit sa 60k level.

15
Pwede yang maging rason kabayan para magkaroon ng malaking dump sa market na kung saan ang tingin ng karamihan ay bear market na, at para naman sa akin ay retracement lang kung sakaling magkatotoo. Wala naman kasi masyadong demand ngayon sa market kaya yung mga weak hands ay nagsisibentahan ng kani-kanilang mga assets. Yung iba naman nagbebenta sila dahil may kutob sila na babagsak ito. Kahit kasi bumaba ng $57k ang BTC ngayon ay hindi pa rin ito nakakakuha ng sapat na demand para i-akyat ng mataas ang presyo.

Sa palagay ko hindi weak hands kung icocompare mo talaga sya sa nakaraang block halving parehas na perehas ang nangyayari ngayon bago sumipag na umakyat ang presyo ng Bitcoin at iba pang mga assets. Kung titignan mong mabuti at aaralin ang price history ng Bitcoin during block halving last year at old years lahat parehas kada block halving na babagsak talaga sya at aakyat bago ang susunod na taon.

Chaka ang na notice ko pa hindi lang naman ang Bitcoin at crypto ang bumagsak base sa stocks at dolar index at ginto nagsibagsakan na din kanina kaya parang sumabay na rin ang Bitcoin sa pagbagsak.

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