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Messages - coinlurker
16
« on: March 31, 2019, 12:53:09 PM »
many ways people can look for the benefits of trading are by bot,
and lots of promises given to traders who trade with bots,
but is that good? or will it only give you a lot of losses?
anyone who has trading experience using bots can tell in the comments column.
If you want to be a trader trading with bots does not really makes you a trader. When the bots open, close, win or lose a trade you does not really know what is happening and if someday the bot is not tune to the market condition you might lose your portfolio overnight.
17
« on: March 31, 2019, 12:49:24 PM »
I just wanted to know that, what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit. But i want to know what is the risk involved. Can bitcoin price decrease and is this right time to buy the bitcoin.
Invest in cryptocurrency is more riskier than other investment instruments you might see from the market due to the volatility involve in cryptocurrency and not other invest instrument carries this type of volatility.
18
« on: March 31, 2019, 12:46:06 PM »
The cryptocurrency prices are very predictable in most cases, and this has been the secret of most cryptocurrency traders. Most of the successful traders are well knowledgeable in the application of technical analysis using the historical chart patterns to predict the short term price of an underlying cryptocurrency.
Unfortunately, most of the new cryptocurrency traders and investors who know nothing about this complicated analysis either enter the market to trade with their intuition or come out with a simple plan and one of such plans is to chase a breakout.
Most traders and investors are so scared of losing their money, and to be sure that they are not putting their money on any currency that may affect their ambition of hitting the jackpot, they monitor the market and put their money on any digital asset that rise above the constant horizontal line to trade at a fast-rising pace.
Making it from this strategy is interesting, but it is important to understand that chasing a breakout is not a good thing to do in the cryptocurrency trading. When you miss a breakout, count it as missing your school bus.
Running after it can be very dangerous. Interestingly, most cryptocurrency trading experts are not fans of chasing breakout either. Anything that rises swiftly is bound to fall sharply, and the cryptocurrency trading is no exception.
One problem is that most traders are not able to subdue their emotions during cryptocurrency trading, letting greed to set in after taking notice of how they can make a huge profit within a short period.
This thought is always lovely until everything is lost within the blink of an eye. It is risky to chase breakouts because you may end up buying at the peak. Remember that there is a fall after a peak.
What You Should Do Then
Instead of focusing and chasing the breakout, focus on the bottom. From the bottom is all profit, and building profits from there is better than jumping into a moving train. Entering into the market with the idea of making wealth overnight can turn a nightmare. Do not be greedy.
Build your profits slowly, set a daily target for yourself, and watch as you enjoy profit with minimum risk. Better still, you can go the advanced way by learning about cryptocurrency technical analysis, study the chart patterns, choose one and make use of it.
Source: ZyCrypto
From what i know if you chase the price after breakout even if the price did reach where you wanted it to be but move a step back and think most probably you are risking 2x or even more that the profit you are aiming for.
19
« on: March 28, 2019, 04:27:35 PM »
I like the phrase, "now or never". The market is now in a situation where it grants the best opportunity for all investors (new and existing) to buy more valuable coins like BTC, ETH, XRP, EOS etc at relatively low prices. This opportunity will not last forever because the market will certainly have to recover and make another bull run. Fail to buy now and regret later when the bull comes.
You got a point there but i rather don't anyhow pull the trigger yet as the market is still in a downtrend if you buy now correct you can take advantage of the low value but good coins however who knows maybe a further drop come in.
20
« on: March 28, 2019, 04:25:21 PM »
Many people as a bounty hunter. They have gotten some money by just doing bounty campaigns.
But I see almost 80% campaign is scam.
What is Your opinion ??
Ya you can say so especially in this bear market only the best of the best will really moon unlike in the last bull markey any tom dick harry ICO is able to moon. This can also be a good chance for hunters to know how to choose good ICO
21
« on: March 14, 2019, 02:02:20 PM »
With high drop of crypto these few days, many people have began to speculate that the end of crypto has come, to me it is a downtrend which will soon stop and we start mooning, what are you thoughts about it?
Market flutuaction is a very common thing just like stocks that is always going up and down just that crypto is being more volatile and because of volatility which is what attracts investors to start investing in crypto. When the market is performing very well you did not complain that why the market is always up i want it to go down and you should not do so when the market is down as well.
22
« on: March 14, 2019, 01:58:51 PM »
Ellow guyz question to all how much earn and very monthly in bounty.
What i assume is that bounty hunters salary is not paid monthly like normal jobs but if they are able to choose a good bounty to go into few months later what they earn can be many times more than what normal jobs pay every month.
23
« on: March 14, 2019, 01:55:24 PM »
What do you think about bounty hunting the way people are rushing into bounty hunting campaign make to ask weather is a full time job.
Bounty hunting definitely can be a full time job. I got a few friends that make a constant lucrative profit from bounty hunting although the current market affect their earnings but they are still having a nice income.
24
« on: March 13, 2019, 02:44:26 PM »
What is the reason you believe that crypto will be popular in the future? I think crypto will get a lot of problems if there are no changes in security. A lot of negative news that makes everyone afraid to use crypto
Ya right now i am sure that the are many flaws in crypto that is yet to be solve but bit by bit i believe that crypto will be able to make itself less vulnerable to all this problems.
25
« on: March 13, 2019, 02:41:39 PM »
Samsung Galaxy S10 is a new brand of Samsung product, which has an inbuilt crypto wallet, which can store bitcoin, Eth and some others. This is also a cold storage wallet, which is not connected to the internet. This new development, will it cause more harm than good or its much better than web wallets?
Please share your thoughts, thanks.
I assume this move by Samsung can help crypto to reach a wider audience. I am not able to comment whether an online shifting to offline wallet will be better or not as each of them has their own usage.
26
« on: March 05, 2019, 05:32:09 AM »
Choosing crypto or any type of job is the preference of the person. As long as he is happy with his choice and he is able to support himself using the pay from his job it is still consider a job.
27
« on: March 05, 2019, 05:22:44 AM »
As the goes by bounty is becoming shitty day after day, in the former months bounty pays well, now I would like to know if bounty is still profitable.
Bounty is becoming less profitable compare to last time and the cause of it is the bear market and not really ICO itself. I do agree that most ICO are just thrash and choosing the right ICO at the current market become difficult but it is still profitable.
28
« on: March 05, 2019, 05:14:56 AM »
I have come to realize that not many people here clearly understand the difference between centralized and decentralized cryptocurrency exchanges.
I would appreciate if someone who understands it very well could put us through.
I will use my little knowledge to explain, what we are using daily fiat is centralized because it has value because government back up the money and it will not be useless paper unless the government decide to abolish it, on the other hand crypto is decentralized which means it is a useless paper and the price of it is make up by the supply and demand of the crypto adopters.
29
« on: March 04, 2019, 07:09:20 AM »
As we see together, the market returns green with a fairly short time. Will this continue to rise and at least last for a long time? Or just part of the pope's game? Please share your opinion. Thank you so much. 
Most probably this might not be a bull run yet maybe a correction. However market showing green is still a good sign. Wait till when the market breakout of the bearish trend first before you are getting too happy on green.
30
« on: March 04, 2019, 07:01:35 AM »
We believe that crypto is a future money but why is that so many coins are dumped in the market since is a future currency, is still a future money or temporary currency.
I am having the same view as you but if every coin in crypto is the money for future it will be in a chaos, just like our fiat you does not see many different types of fiats that we are ussing except that different countries currency.
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