SIGNAL OF THE DAY:
COIN: GLD
EXCHANGE: Bittrex
Bullish trend. It will go up in short term. Buy and hold.
COIN: GLD
EXCHANGE: Bittrex
Bullish trend. It will go up in short term. Buy and hold.
Coin: Trust
Now on support line
Buy now below 2300
Target
1) 2700
2) 2900
3) 3200
πStop loss 2000
Now on support line
Buy now below 2300
Target
1) 2700
2) 2900
3) 3200
πStop loss 2000
#BTC again struggling to break out.
if doesn't break 15500$ and stable then it will fall back to 14000$-13000$ (supports).
If able to break 15500$ then easy way to 19817$
(resistances are 16500-17400)
if doesn't break 15500$ and stable then it will fall back to 14000$-13000$ (supports).
If able to break 15500$ then easy way to 19817$
(resistances are 16500-17400)
We Are Giving Away 0,01BTC to 5 People.
WHAT TO DO? Share the LINK ( https://t.me/cryptotigers) with at least 10 people. FREE Crypto channel! π
Winners Will Be Announced 1st of February in this group. π
https://t.me/cryptotigers Letβs Make 2018 a profitable crypto yearππΌ
WHAT TO DO? Share the LINK ( https://t.me/cryptotigers) with at least 10 people. FREE Crypto channel! π
Winners Will Be Announced 1st of February in this group. π
https://t.me/cryptotigers Letβs Make 2018 a profitable crypto yearππΌ
Telegram
CryptoTigersπ
βMoney equals financial freedom".
- Daily signals/tips/tricks/insights
- short/middle/long term
- Team of 5 professional traders
Contact @cryptotigers for more info!
- Daily signals/tips/tricks/insights
- short/middle/long term
- Team of 5 professional traders
Contact @cryptotigers for more info!
Coin: MCO (monaco)
Entry point: 0.00105000 - 0.00112000
Take profit: 0.00122500 - 0.00144500
Entry point: 0.00105000 - 0.00112000
Take profit: 0.00122500 - 0.00144500
What is happening now: correction dip + newbies panic selling = bloodbath. Always remember that what goes up, has to correct so it can go even higher next time.
If you could handle 500% profits, than you sure can handle 30% dips too.
What to do?
First of all, control your emtions, be rational and think straight.
Second of all, don't join the panic selling group of people and keep holding your alts, especially if you're at great loss, everything will recover, as always. π
If you could handle 500% profits, than you sure can handle 30% dips too.
What to do?
First of all, control your emtions, be rational and think straight.
Second of all, don't join the panic selling group of people and keep holding your alts, especially if you're at great loss, everything will recover, as always. π
π₯ Signal
πNXS
BUY : 0.00083-85
StopLoss: 0.00071
π― Targets:
1st : 0.00090
2nd : 0.00103
3rd : 0.00120
πNXS
BUY : 0.00083-85
StopLoss: 0.00071
π― Targets:
1st : 0.00090
2nd : 0.00103
3rd : 0.00120
Found this on Reddit through the Crypto Virtual Community- great post full of tons of sage advice!
"I've made over $500K in crypto. Here are some good resources and advice, especially for the new investors coming in.
Since December 2017 we've seen a massive influx of new investors in the crypto space, and the inflow of their fiat has lead to a massive boom for altcoins. This has inflated values and with many making astronomical fast and easy gains by simply gambling on symbols on an exchange, I am seeing the market reward the very worst type of behavior for investors.
More and more in this sub I see people bragging about how they randomly threw money at some shitcoin they didn't even research but just saw shilled here and made 3x on their $500 investment, as if that's something to be encouraged or celebrated. This type of investment style will not last and will only lead you to lose whatever gains you have made recently. I have been holding Bitcoin since 2013, through the Mt.Gox disaster and only sold recently for over $470,000 in profit.
I held Ethereum for almost 2 years before I decided to take $32,000 in profits recently. A 5 year investment window may seem like an eternity to the largely young investors that are coming in now, but it really isn't that long. For crypto to be a truly life changing investment for you, you have to get over the "get rich in the next month" mentality that is rampant now and get past the lambo psychosis stage.
First of all here are some good tools that I've found have helped me a lot:
Market News and Tools
http://www.coindesk.com - Overview of what's going on in the crypto world
http://cryptopanic.com - An aggregator of various crypto sites and news, filterable. I use the pro version to customize the feeds but the free version is good enough for most.
http://coinmarketcap.com - Not just for checking prices, they also are the most convenient way to start your research as they have the blockchain explorers, official website links and also a useful API that can be linked to
Excel.
http://cryptomaps.org - Visualization of price across different segments, primarily hashing functions and ICO release dates
http://onchainfx.com - A better version of coin market cap, has all sort of columns and you can add flags. Only downside is it only has 61 cryptos, but its always adding news ones.
http://icotracker.net - I like this site for looking at what ICO are coming up
http://icobench.com - Another ICO tracker which does nice summaries, shows teams, milestones, financials and gives a rating for each ICO
http://solume.io - compares the number of Twitter mention increase decrease to price
http://eveningstar.io - this is basically like Morning Star except for cryptos
https://bitcoin.tax - for calculating taxes owed on your crypto gains
Communities
BitcoinTalk Forums - Probably my favorite place to discuss crypto. Much more intelligent discussion than in this sub.
Steemit and Medium have tons of great blogs about crypto, find what alts specifically interest you there.
Follow developers on Twitter, Reddit has decent communities for each coin, /biz/ is for pink wojaks, memes and pumping
Portfolio Tracking
Delta - get this app, its awesome and better than Blockfolio
There are online sites like AltPocket and CoinTracking that will do portfolio tracking but I haven't found any I would recommend, I prefer to use a CoinMarketCap API Excel tracker which automatically updates prices and consolidates everything. Excel is still the best and most flexible thing to use by far and you can customize it infinitely to your liking.
Basic but Important Advice
In addition I've come up with 10 simple advice points that will take you quite far and will make you much more of an intelligent crypto investor:
1) Don't have more than 5-10% of your entire investment portfolio in crypto, and only invest what you can afford to have locked in for the long term.
We are definitely due for another large correction, so you must be comfortable with losing 80% of your portfolio value in case of a crash and sitting back and lettin
"I've made over $500K in crypto. Here are some good resources and advice, especially for the new investors coming in.
Since December 2017 we've seen a massive influx of new investors in the crypto space, and the inflow of their fiat has lead to a massive boom for altcoins. This has inflated values and with many making astronomical fast and easy gains by simply gambling on symbols on an exchange, I am seeing the market reward the very worst type of behavior for investors.
More and more in this sub I see people bragging about how they randomly threw money at some shitcoin they didn't even research but just saw shilled here and made 3x on their $500 investment, as if that's something to be encouraged or celebrated. This type of investment style will not last and will only lead you to lose whatever gains you have made recently. I have been holding Bitcoin since 2013, through the Mt.Gox disaster and only sold recently for over $470,000 in profit.
I held Ethereum for almost 2 years before I decided to take $32,000 in profits recently. A 5 year investment window may seem like an eternity to the largely young investors that are coming in now, but it really isn't that long. For crypto to be a truly life changing investment for you, you have to get over the "get rich in the next month" mentality that is rampant now and get past the lambo psychosis stage.
First of all here are some good tools that I've found have helped me a lot:
Market News and Tools
http://www.coindesk.com - Overview of what's going on in the crypto world
http://cryptopanic.com - An aggregator of various crypto sites and news, filterable. I use the pro version to customize the feeds but the free version is good enough for most.
http://coinmarketcap.com - Not just for checking prices, they also are the most convenient way to start your research as they have the blockchain explorers, official website links and also a useful API that can be linked to
Excel.
http://cryptomaps.org - Visualization of price across different segments, primarily hashing functions and ICO release dates
http://onchainfx.com - A better version of coin market cap, has all sort of columns and you can add flags. Only downside is it only has 61 cryptos, but its always adding news ones.
http://icotracker.net - I like this site for looking at what ICO are coming up
http://icobench.com - Another ICO tracker which does nice summaries, shows teams, milestones, financials and gives a rating for each ICO
http://solume.io - compares the number of Twitter mention increase decrease to price
http://eveningstar.io - this is basically like Morning Star except for cryptos
https://bitcoin.tax - for calculating taxes owed on your crypto gains
Communities
BitcoinTalk Forums - Probably my favorite place to discuss crypto. Much more intelligent discussion than in this sub.
Steemit and Medium have tons of great blogs about crypto, find what alts specifically interest you there.
Follow developers on Twitter, Reddit has decent communities for each coin, /biz/ is for pink wojaks, memes and pumping
Portfolio Tracking
Delta - get this app, its awesome and better than Blockfolio
There are online sites like AltPocket and CoinTracking that will do portfolio tracking but I haven't found any I would recommend, I prefer to use a CoinMarketCap API Excel tracker which automatically updates prices and consolidates everything. Excel is still the best and most flexible thing to use by far and you can customize it infinitely to your liking.
Basic but Important Advice
In addition I've come up with 10 simple advice points that will take you quite far and will make you much more of an intelligent crypto investor:
1) Don't have more than 5-10% of your entire investment portfolio in crypto, and only invest what you can afford to have locked in for the long term.
We are definitely due for another large correction, so you must be comfortable with losing 80% of your portfolio value in case of a crash and sitting back and lettin
CryptoPanic
CryptoPanic - News aggregator platform indicating impact on price and market for traders and cryptocurrency enthusiasts
n core and other segments is probably a good starting point for most newbies. You can make visualizations in excel with pie charts and keep tabs on your segment allocation.
10) Look for red flags and recognize that 90% of these coins have a net present value of zero.
Look at every new coin you evaluate with a sceptical eye, because now there is way too much hype for vaporware and coins that have no use case and are just yet more ERC20 (Ethereum-based) get rich quick scams by the founders. For a lot of these coins there is a lot of shilling that tries to pray on your emotions. Recognize red flags:
Massive portions of the float are assigned to the founders of the coin. Anonymous teams or members with a sketchy pasts are also a huge red flag.
Use case does not require or benefit from a blockchain
Empty Github repositories, or there being scant useless code
Vague whitepapers and websites filled with technobabble that sounds impressive to people who don't know tech.
No clear or well developed roadmap
A team that focuses almost entirely on shilling rather development.
11) Try to not check your portfolio more than once a day.
With apps like Delta and Blockfolio (btw Delta is a million times better) it can be really tempting to constantly pull your phone out and check the prices every hour. Don't do this, it will drive you insane. Check once a day and you will be much happier.
.........................
I would also like to highlight the need to try and be sceptical, which is something sorely missing now. When you first start in crypto or researching a coin, it will often funnel you on this one way street to getting hyped up. For example when I first started looking at Bitcoin info back in 2012, and seeing all these articles and videos on it, it ended up being difficult for me to imagine a world where Bitcoin wouldn't become a dominant currency. All these people who promote it have an interest in building a rosy future, yet Bitcoin has turned out drastically different to how I imagined it would be once it gains mainstream attention. Bitcoin was able to balloon to its current price based on being the first crypto and I will always have an emotional attachment to it, however its also taught me to be much more sceptical of high S-curve adoption predictions. We are still a long way from having even Bitcoin being near mainstream adoption, let alone any other crypto with a fraction of its brand name recognition.
If someone is telling you "X coin will be [insert high price here] by Z time", don't believe them. They hold the coin and want you to increase its price by buying. If a coin is promising the moon and telling you that you would be a fool to not buy it now, and you're wondering who the greater fool will be to buy it from you, you're the greater fool.
There is plenty of good within the crypto space, and there really is no other market that behaves like it. Over 90% of the 1398 cryptocurrencies on Coin Market Cap have a zero value under any quantitative valuation model you can imagine and they will inevitably die out. However there are those coins with genuine business plans and use cases that will prosper and possible prosper spectacularly in ways we can't yet imagine. Invest accordingly and you will be rewarded.
https://www.reddit.com/r/CryptoCurrency/comments/7pgh7u/ive_made_over_500k_in_crypto_here_are_some_good/
10) Look for red flags and recognize that 90% of these coins have a net present value of zero.
Look at every new coin you evaluate with a sceptical eye, because now there is way too much hype for vaporware and coins that have no use case and are just yet more ERC20 (Ethereum-based) get rich quick scams by the founders. For a lot of these coins there is a lot of shilling that tries to pray on your emotions. Recognize red flags:
Massive portions of the float are assigned to the founders of the coin. Anonymous teams or members with a sketchy pasts are also a huge red flag.
Use case does not require or benefit from a blockchain
Empty Github repositories, or there being scant useless code
Vague whitepapers and websites filled with technobabble that sounds impressive to people who don't know tech.
No clear or well developed roadmap
A team that focuses almost entirely on shilling rather development.
11) Try to not check your portfolio more than once a day.
With apps like Delta and Blockfolio (btw Delta is a million times better) it can be really tempting to constantly pull your phone out and check the prices every hour. Don't do this, it will drive you insane. Check once a day and you will be much happier.
.........................
I would also like to highlight the need to try and be sceptical, which is something sorely missing now. When you first start in crypto or researching a coin, it will often funnel you on this one way street to getting hyped up. For example when I first started looking at Bitcoin info back in 2012, and seeing all these articles and videos on it, it ended up being difficult for me to imagine a world where Bitcoin wouldn't become a dominant currency. All these people who promote it have an interest in building a rosy future, yet Bitcoin has turned out drastically different to how I imagined it would be once it gains mainstream attention. Bitcoin was able to balloon to its current price based on being the first crypto and I will always have an emotional attachment to it, however its also taught me to be much more sceptical of high S-curve adoption predictions. We are still a long way from having even Bitcoin being near mainstream adoption, let alone any other crypto with a fraction of its brand name recognition.
If someone is telling you "X coin will be [insert high price here] by Z time", don't believe them. They hold the coin and want you to increase its price by buying. If a coin is promising the moon and telling you that you would be a fool to not buy it now, and you're wondering who the greater fool will be to buy it from you, you're the greater fool.
There is plenty of good within the crypto space, and there really is no other market that behaves like it. Over 90% of the 1398 cryptocurrencies on Coin Market Cap have a zero value under any quantitative valuation model you can imagine and they will inevitably die out. However there are those coins with genuine business plans and use cases that will prosper and possible prosper spectacularly in ways we can't yet imagine. Invest accordingly and you will be rewarded.
https://www.reddit.com/r/CryptoCurrency/comments/7pgh7u/ive_made_over_500k_in_crypto_here_are_some_good/
reddit
I've made over $500K in crypto. Here are some good resources and...
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