Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: DanTalksCrypto on September 17, 2018, 11:07:12 PM
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How do you select what you invest your precious satoshi's in?
Free signals? Paid signals? Own TA? Depth charts? Pure luck? Acting on regular volatility?
Personally, my tipple of choice is depth charts. Would be happy to debate the relative merits and hear how other people make it work for them.
How do you protect against dumps (Bart!)? How do you pick the coins you want to analyse? Are you successful?
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I play large swing trades usually and day trade bitcoin, I usually follow my own TA, I think signals free or paid suffer from the same problem.. both have an opinion bias that favors the person giving the info, so I don't trust it.. can you describe more your strategy about depth charts?
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Good day deals rarely make, not risky. Never invest your bitcoins in an empty ring and confusing signals. Only those tokens that are known to me and which are in high positions in the https://coinmarketcap.com/. I have a certain set of tools (a list of coins of about 50-70 pieces that I trust ) and mainly buy on some drawdowns with further placing orders for the sale of the ladder +10,+20,+30%.
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Lots of questions that you give. But I will try to answer one of them. I protect from this bear market sadness by not seeing the market cap too often. Because when I see the market cap looks blood red, I will feel weak and not excited about starting the day.
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I play large swing trades usually and day trade bitcoin, I usually follow my own TA, I think signals free or paid suffer from the same problem.. both have an opinion bias that favors the person giving the info, so I don't trust it.. can you describe more your strategy about depth charts?
Of course - depth charts on very large volume coins with huge order books are less open to manipulation and show what could be regarded as the fair state of the current market and where volatility and swings may move the price up and down in the very short term (hour or so). So you trade into coins based on the probability of where the price might go. Seriously you might find this really interesting so I'd be happy to talk you through it. We discuss and teach it on Discord: https://discord.gg/CCb86qY
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Lots of questions that you give. But I will try to answer one of them. I protect from this bear market sadness by not seeing the market cap too often. Because when I see the market cap looks blood red, I will feel weak and not excited about starting the day.
Does deep red mean you stop trading? For me, that is when I definitely start trading!