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Messages - Felsa

Pages: [1] 2 3 4
1
Sorting Box / Re: How Does Bitcoin Work?
« on: December 18, 2021, 09:27:54 PM »
Literally, each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
This makes it possible to trace the history of Bitcoins to stop people from spending coins they do not own, making copies or undo-ing transactions. It's also considered to be the next-gen currency, which in theory can replace the existed system of currnecy exchange.

2
That they will go up in price is a fact.
However, the situation in recent years proves that the benchmarks can shift at any time.
For example, some new leader may emerge, which we are not even thinking about at the moment.

3
Sorting Box / Re: Importance of learning for crypto currency investment.
« on: October 06, 2021, 09:03:35 PM »
I believe that it doesn't depends on particualr asset like cryptocurrency. Learning matters a lot in all kinds of trading activity and this fact shouldn't be argued at all. Learning is the key to successful trading activity and without it you actually won't reach heights. By the way, it relates to any kind of activity actually. If you are not familliar with particular activity but you should do it, then firstly you start learning all the peculiarities of this activity in order to fulfill the work carefully and with quality. The same things is with trading, but here everything influences your money and accumulations. The more you learn, the less chances to lose your money.

4
Sorting Box / Re: Bitcoin Pizza Day
« on: September 30, 2021, 07:03:48 PM »
Let's put it on the calendar.
We'll celebrate.

5
I actually support the idea that the trading bots will be dominant on the forex markets in the nearest future. However, I have no idea how people trust those bots without knowing exactly how they are built. I believe that the best way to use trading bots is to build them on your own, so that you'll be able to tune it every time you see fit in doing that.

6
Cryptocurrency Trading / Re: Strategies to Success for Day Trading
« on: January 29, 2021, 09:52:40 PM »
I heard that it is better to work with long-term positions - it will be more promising. But I also agree that everything should be tried and it will be the right decision.

7
Cryptocurrency discussions / Re: BTC/ALTS Marriage
« on: January 28, 2021, 09:30:46 PM »
The cause-effect links always matter. So you have to study them and apply them to your work and everything will be all right...

8
New developments - new opportunities. Thank you for bringing this to our attention.

9
Basic questions about this forum / Re: Rank in ALTCOINTALK
« on: November 29, 2020, 02:48:05 PM »
If you want to be ranked here then you need to be very active and visit the site a many times as you can, it is not just about visiting but also about how often you participate in the forum. Ask or answer. It is as simple as that.

10
Are you already using 1:2000?

11
Cryptocurrency Trading / Re: Newest Social Crtpto Trading Platform
« on: November 15, 2020, 12:40:49 PM »
The most important thing is of course security, because this is exactly what is missing in our business, so if you really maintain such good conditions, then your company definitely has a future.

12
I guess the excecutions here can be evaluated as average for the industry. I didn't try fixed spreads, so can't tell about that type of account, but floating spreads are ok, as well as executions. I've never had positive slippages here, but negative ones were not that bad  for sure.
LOL I think positive slippage is a kind of 'pot of gold under the rainbow' thing. There is the myth, but noone had a chance to get the first hand experience

13
Yeah, that's why I'm trying to trade upper timeframes now. With 1H timeframe I have to leave lots of trades overnight  (speaking of AAFX that's actually very nice that they don't have overnight fees and swaps). Some can last a week or so. It's less stressful than daytrading. Yet, this is still not investment as each trade has both stop loss and profit target. In investments you can limit the risks, but you should leave the target somewhere in the moon area :)
The other good point about 1H timeframes is that  they technically work better. Especially with Bitcoin.
Interesting observation @ upper timeframes. I've noticed smth like that with all alts as well. They really react well to major resistances and supports. The higher is the timeframe, the better is the reaction. 

There will be risks in every job so no matter what you do you need to know the basics by analyzing the market well. AAFX Trading Review looks a lot better to me it is much easier to make a profit when investing in Bitcoin. Gives the maximum profit and the amount of fee for exchange is much less first you have to analyze before you start it is very difficult to give accurate information because the market is not stable.
yeah, leverage is a definite pro of this broker. no matter whether you invest or daytrade using TA.

14
That’s correct. Only a withdrawal process can be the final evidence about broker being a scam or not. From what I see, AAFX offers a rather big leverage. It can be a powerful  weapon in fighting the markets. And I’m wishing you a good luck!
Thanks! Yes, the max leverage is 1:2000 for most of the assets, but its smaller for Bitcoin. Anyway, I’m not fond of using too much of the leverage anyway. I think the max reasonable lever is 1:100. Whatever is more is too risky. Unless you have some special trading strategies to make use of a bigger ratio. BTW I’m nearly done with my turnover. Making 5-10 trades a day using 5 minutes timeframe makes it not that difficult. I expected to have more trouble, but I did not realize before, that both entry and exit count for volume.

Didn't you say that daytrading is too tiring?

15
That's a good advice, thank you! I'll definitely think about this option. Daytrading really worns me out :(
I won't be tired to repeat this again and again. breakeven result with forex daytrading is a great result, so don't give up and see how you can optimize the system you work with.
Journaling the trades can help for sure.

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