Yeah it seems cryto moves like shares, something big happens in the US, and people move fast to beat to rush. Biden's looking at raising taxes of some sort in the US and it seems to have sent everything into a spin. Not 100% on what it is as yet.Quote:
Originally Posted by MudRunnerTD
Quote:
Originally Posted by MudRunnerTD
I could have alot more if l got the timing right on that window, but if I got it wrong I would have alot less.Quote:
Originally Posted by MudRunnerTD
I'm treating this whole thing as a hold, hold, hold.... It's working for me I'm well up on my starting figure..
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These are genuine questions...
1. Why would you buy and hold in high volitility markets?. Buy and hold is for blue chip stocks.
2. What are your buy strategies?
3. What is your exit strategy?
4. Post some actual charts?
Edit....
5. Do you feel anything when you see a dramatic drop in price?
6. Are you prepared to come out with $0.
Looking at my graph there should be another gain coming.http://www.nissanpatrol.com.au/forum...021/04/304.jpgQuote:
Originally Posted by Ben-e-boy
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Having no exit strategy is playing with fire. How will you make money on your trade if you dont know how to sell it?Quote:
Originally Posted by jay see
Whats the actual coin traded? (I dont care what you bought it for or anything like that. I want to see better charts more info like liquidity etc)
How can you tell by that chart if it is Reversal or a retrace? Do you use other indicators? All that chart tells me as I see it on this thread is that it is going down and has yet to find support.
Don't forget, these are all genuine questions. (I ask myself these in one form or another too when it comes to my own trading. If I cant answer them. I have no business being there.)
Hi mate,Quote:
Originally Posted by Ben-e-boy
To be honest I have No Exit strategy at this stage and have put in a smallish buy in on the basis that if I loose it I won't really care to much but is enough that it's interesting.
I agree sitting in the long games is probably not where I'm at. I'm 1 week in and taken a but of a hit. T looking at the chart behaviour I will try a strategy of accepting a sell out price at a price I've already seen (30% better than today) if I xan hit that cycle then sit and let it dump then go again I won't get rich but will have a little fun.
This is by no mean an investment for me. If it was I would have checked myself at the door I reckon.
That vid that cuppa posted is so bloody close to reality to be farcical. I'll let you know if i find the mother load though. Lol. Will be my luck I trade out when I hit a bench mark the stand back and watch it rise 500% in 2 hours while I sit out. Lol.
1. Depends on the coin. Coins like BItcoin and. ethereum they move more like shares. These and the like I leave alone. It’s the Alt coins where the fun is at.Quote:
Originally Posted by Ben-e-boy
2. Buy low. Do some research on what your buying. See what others are buying or talking about.
3. When I get a big rise. I’ll sell or trade 50% of my earnings.
4. Don’t have any right now. Lol.
5. Depends on the coin. Usually not much though.
6. Yes but I have a few coins in my wallet to stop that[emoji4]
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Ethically, Old Fashionly [emoji23]
Will personally never touch Crypto/Dark currencies due to their known destructive capabilities.
Invest in one’s self and or a Fair Dinkum company here Down Under Blokes [emoji106][emoji106]
Crypto-Global shit I do know of too close to home as a quiet local boy is now half way through his 20 year sentence for contributing to the Vic ICE trade by importing base materials through Dark/Crypto means!
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FWIW: Outsiders are currently investing heavily in Australian businesses & currency as we are leading the way as a People.
A Nation that has pulled together so far through C-19 exceptionally well is comforting and investment is in People’s Capabilities Globally [emoji106][emoji106]
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Hitting Parity ($1 <>$1) is not what Australia needs again as this greatly affects farming exports dramatically:
http://www.nissanpatrol.com.au/forum...021/04/307.jpg
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I'll answer my own questions too for a bit of transparency.
Quote:
Originally Posted by Ben-e-boy
Yeah stop loses are important .
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@airfoxthree , YOU ARE A Human Grub!
Invest in some honourable therapy, if you are by chance an Australian, shove a long stick through your own thigh so we can see your shame coming against us [emoji107][emoji107]
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Sorted mateQuote:
Originally Posted by MB
Strewth! I have never read words sent down that path from @MB Marko prior...Quote:
Originally Posted by MB
Whatever that weasel said must have set his firecrackers off good and propa' !
:jawdrop:
I'll say! That's what I was thinking [emoji50]Quote:
Originally Posted by Hodge
Love it. [emoji23]
http://www.nissanpatrol.com.au/forum...021/05/138.jpg
Please don’t Tweety Bird you’re Vegan Mr E Musky [emoji23]
http://www.nissanpatrol.com.au/forum...021/05/139.jpg
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What happened March - June last year? Did we all go veggo?? :)Quote:
Originally Posted by MB
Labour Party 2MRDBR the acronym within the article mentions Plassy Mate?
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I am a user of Trading View for investing and Trading and now just use the FTX exchange whether holding for the long term or trading for profit (which I am still an amateur). I am holding BTC, ETH and some LINK for the Long Term despite the volatility, but I am well alert for a market top and would consider selling it all off to likely re-buy at the lows.Quote:
Originally Posted by Ben-e-boy
I did a paid course on trading the Crypto's, but it is just the same as trading anything really. Have a strategy, a take loss point/s, stop losses etc. and only trade small portions of your account value.
I tend to trade based on Price levels and use oscillators and things like Ichimoku to help me make up my mind on whether to enter or not. I am certainly no expert but I do enjoy it when things all go to plan but it is definitely a psychological game that is not easy to master. I think you can learn a hell of a lot about your own personality by learning to Trade and trying to be good at it.
For those who have had the pain of owning crypto during the May crash and subsequent months after, things do appear to be recovering nicely and it sure looks positive that the market is again on the rise.
I am also closely watching what happens around the world with regulation and the many scams that seem to be as yet unchecked.
Fingers crossed, but I am quite enjoying playing in this space now that I have done my research.
Attachment 84112
Sexy as F..ck! Who doesn't love this shit (when it goes right)!
Now, if only I can get it to pay my diesel bill for the year....
Attachment 84283
Yup, that's also what they call a dive. Happens in all investment options, just not so volatile in most.Quote:
Originally Posted by LeroyReynolds
Naw.Quote:
Originally Posted by mmor
It'll be CBDC controlled by the IMF linked to your MicrosoftPfizer™ 5G nano-assembler-bot implant...
(no shit, look up microsoft patent #060606)
Unfortunately you are right. CBDC will surrender the crypto market. I doubt very much that crypto people wiii be able to find any advantages in current cryptocurrencies which could even theoretically fight against CBDC. CBDC means total control over the population, my opinion.Quote:
Originally Posted by mihit
I own 250K XRP and 175K FLR. FLR is returning a pretty average monthly return at the moment but the outlook is promising. But only in the long term. That is the next 5 years.
I dont believe many of the theories that are about these days.
I'd tend to agree...the capacity certainly exists, and it will almost certainly be exploited.Quote:
Originally Posted by Adebayor Bloomfield
And once people realise that the "legal tender" or "promissory notes" they believe to be "money"...are created ex nihilo and technically value-less... or that "we the people" literally can't pay back the trillions of dollars of debt the governments enroll citizens for...
CBDC will be sold as a great convinience, and people will believe it.
--
It was bound to happen:
https://scoop.me/eu-regulation-cryptocurrencies/
Well unless economics generally has changed (I don't think it has) your minimum roi period to consider is 10 years. If you're not confident at 10 years, probably cash out on a peak. Monthly fluctuations are almost irrelevant.Quote:
Originally Posted by Coldcomfort
Any in particular? cos us "conspiracy theorists" are up about 43 to nil :DQuote:
I dont believe many of the theories that are about these days.
I got my FLR for free in the XRP/FLR air drop. They are worth about $US5K at the moment. So I shouldn't loose anything there. I bought XRP in 2016 at about $AU5c (from memory) There has been lots of times I should have cashed out. Hind sight is 20/20. But the Ripple/SEC litigation is drawing to a close and $AU10 is a possibility. That's my cash out point. But only half of them. I'll ride the rest to what ever in the future.Quote:
Originally Posted by mihit
I didn't say conspiracy theory. Just many of the speculative wishes that abound in the crypto space.
No wonder Gruberments are Perplexed [emoji848] Back your own Realitys [emoji736][emoji736][emoji123][emoji123]
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Its a good time to own crypto..........
My deepest apologies Folks [emoji22]Since arrogantly posting upon reflection here a please: ‘Safely Stick with Bricks & Mortar’ approach back in early 2021 my house & land has merely increased by 58.9% [emoji12]
The good news here for all concerned is that an old partner has taken 70% of the total so Crypto Technically wins by default 🫤 [emoji23]
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Monthly fluctuations don't matter, I agree. But once every six months there are fluctuations of 20-30% or more. And it's not just one jump, but several. And that can be exploited. I'm not saying that you should invest all your money in it. I'm just saying that you can use some of your money (as much as you can spare) to make some money and maybe even have fun.Quote:
Originally Posted by mihit
It's really, really wonderful. But you can increase more if you don't wait a year. This is not an advertisement :)Quote:
Originally Posted by MB
The crypto market is waking up..... Bitcoin back over 50K. My holdings up very nicely.
Yeah just checked mine. Going pretty good.Quote:
Originally Posted by Coldcomfort
More upward movement.
BTC hit $110K (AUS) a week or so ago. I once owned 10K BTC. Sold them for $5. Hind sight is 20/20.
Yeah its great. While my BTC stash is no where a great as yours, I have seen a 55% increase since first investing only 4-5 years ago. I should have put more into in back when I first started. Hindsight....
I heard recently that BTC has been the best performing asset ever...... Even out pacing the stock market and gold.
Yeah I was watching the BTC starting to rise, if only I had the spare coin to throw more at it for a pump and dump.
I think that FLR (0.055c) will be the next big growth coin....