what the fuck lol
>210 volume
you now this is just a order
Did you make the ship?
Yes sir! Go my 500k beans ready to go to the moon sir! I am sprouting like a motherfucker. Never going to sell.
I will wait till the Point of Sale is implemented and pay everything with beans!
THIS IS NOT A DRILL.
GET READY TO TAKE OFF
I've been shilling this for a few days now. YOU SHOULDVE LISTENED.
>>2544618
Pump coins, dump memes
A-am I doing it right, /biz/?
>>2544594
>cpu mining
not really
>>2544594
>0.19 USD a day
Wow, such good pajeet money
>0.19 usd a day
nice dude in 12 days you can buy a starbucks coffee
>have coins from ICO
>sell them on HitBTC presale thing for 8x the price
What's the catch?
Do these coins drop after they hit exchanges?
Bancor was going at 100x or something for a few hours. It's still about 7x ico price.
Could I actually have sold on that?
Should I sell at 7x ICO price on HitBTC or wait for it to hit bigger exchanges?
Well because of how bancor works it can't really rise very much in the short term... for other icos it might be ok though
>>2544597
Dammit. I thought the 100x selling price "wasn't real" or something in HitBTC.
I could have sold for a ridiculously high price for a few days and I saw that but didn't act on it.
So I'm confused.
Does this stuff normally dump hard when it hits the big exchanges? Or does it stay up?
The HitBTC thing seems too good to be real and I'm fucking kicking myself if it is because it means I could have sold my $200 worth of BNT for $20,000.
>>2544583
im pretty sure that HitBTC selll IOUs, they arent actual tokens. you cant transfer your bancor tokens to HiTBTC. the same thing happened with ptoy, the price skyrocketed just after the ICO finished
As we have a extreme amount of newbies that do not know what they actually do, I thought I write something for them. Way too many people lose money because they miss out the basics. Yes, you are in for a huge wall of text. Feel free to ask questions, as long as I am online.
So you are into cryptos. You set up your account on bittrex, bought some BTC on coinbase and you are ready to go, right?
Wrong. Trying to get profits now is just like trying a slot machine with a high chance of winning. And trying to daytrade transfers almost certainly your money in the wallet of someone else.
First you need the basics:
http://www.investopedia.com/terms/t/technicalanalysis.asp
http://www.investopedia.com/university/technical/
Read it, understand it, try it. This is what will indeed make you money.
I don’t want to overly shill technical analysis, but this helps you to analyze and understand the history of the graph better. They often confirm themselves through their broad usage alone. And it all boils down to probabilities and anticipation - not predicting the future, because this is impossible.
Again: technical analysis is more like a self-fulfilling prophecy because many people use it, it is not a physical law.
Then, you need to consider news & rumors. Buy the rumors, sell the news.
It sounds easy, but sometimes it is a bit harder to distinguish, as many things are bullshit and the devil is in the details. Let’s say a fan of a coin uses the technology of said coin on a counter-strike server, so the players can get coins for every headshot. Someone might overly shill the coin with "CS!!! PARTNERSHIP WITH VALVE!!! PRICE WILL MOON!!!!". This could trigger a newbie to buy at the new all-time high price (believing it rises even higher), which the newbie then has to hold for a long time or sell at a loss.
After that, it is just a matter of practice. It all comes down to probabilities, being able to cut losses, evaluate information and not getting emotional.
PART 1/6
Part 2/6
Then you need a set of rules, e.g.:
- set stop-limits every! fucking! time! you buy into something
- don’t buy at or near a new ATH (rarely goes well)
- always have a valid reason for buying (no, "/biz/ said it’s going to moon" is not valid)
- never rely on single platforms alone - reddit, twitter, bitcoin forums, /biz/, blogs, news-sites etc. are very good if used together (stay away from zerohedge tough – tinfoil alert)
- never focus on a single coin alone; diversify in at least 2 time horizons (1-7 days short (ST); 2-4 weeks mid (MT); 1-12 months long term (LT)) & reevaluate them accordingly
- never!!! daytrade with more than 5% of your funds per week/month, if you are not consistently in the greens with these 5%
- if you are in a ugly situation (like having >50% of your stuff being stuck) and NOT in dire need of money: HOLD THE COIN! The market is exploding and the burst of the bubble is months if not years away, you will at least get your money back, if you did not buy useless coins on small platforms
IMPORTANT!
Stop-limit-orders are not a joke, they can literally save your ass! Set one at e.g. 95% of your entrance point/adjusted to the current price, when you are away from the computer or watching a movie etc. Yes, sometimes it is only a short bounce and you lose some money or profit, while the value goes bonkers afterwards - but most the time, it just prevents you from heavy losses or missing opportunities to sell your stuff at a good price, because you were sleeping/shitting/suffocating on a Cheeto while wanking on your possible profits while selling on a ATH.
Part 3/6
Now you could start to trade with e.g. an excel-sheet, where you insert the buy of a coin and a sale when you sold it. This is called "paper trading" and for just getting a feeling for it. Do this for some days, while you are learning the basics of analysis. Then start with small amounts - 10 dollar, maybe 50. If you are comfortable with that, pimp it up with stocking it up with the same amount per week or month. If you lose some, it won’t hurt and if you gain some, it is a sense of achievement.
Keep in mind that there are days where you look at the charts and say "Yay, nothing to do here but to adjust my stop limits", as everything is green and fine. And then there are days, where you see all your stop limit orders triggered, because everything is falling into abysmal depths.
Both days are cool, because the first one nets you profit and the second one cuts short your losses or triggered taking profits to enter again. Because remember: "if there is blood in the streets, it is good to buy". This say was true when Baron Rothschild made a fortune in the 18th century (I am not implying something anti-Semitic here, he indeed said and did this).
Start to think this way and you get a boner when thinking about crashes.
Also, remember that the meme "HODL" or "hold your coin" only applies to people that bought at a low price and are in the green even in the middle of a crash and the ones that bought at a high price and did not place a stop limit order. The first ones know that the price will rise further & holding the coin will enlarge their gains later. The second ones know that the high times will come back and then they can keep their losses small by holding the coin until then. There is little to no reason to see a coin crashing and not cutting your losses/grabbing the profit so far and buying back in, when the foothold is confirmed.
Part 4/6
Let’s get to some general security measures:
On every exchange, take your mobile and enable 2FA (two factor authentification). That way, when you want to withdraw cryptos, you need to enter a code from your mobile which changes every minute. So even if your PC somehow gets compromised, an attacker is not able to steal your money, except when he also steals your mobile. 2FA is the easiest and most efficient way to secure your stuff on an exchange. There is absolutely no reason to go without it and it should be the first thing to do after registering at an exchange.
Also, keep your computer safe. Better not watch that pron from the dubious website on the same computer you do cryptos with. Or at least use a virtual machine for this and be much much safer. It is easier than you might think of. I am a finance guy and even I learned it with some tutorials from YouTube.
If you start to store coins on your own wallet for holding them long term, make sure you have offline backups. And a backup from the backup. Store them in at least 3 different SAVE locations (e.g. one at your parents’ house, one in the cellar behind a brick and one at bank in a locker etc.). Be aware of the dangers of doing this with HDDs, as they less resistant to damage than a stick.
Be paranoid. You are handling money and the number of scammers is huge. You can discuss and talk with other people on the internet like you always do, but never give out personal information (except your wallet address - besides someone sending you coins, nothing can happen). The "send me your coins, I double them"-scam is nothing but bullshit, but people still fall for it more often than you might think. Be aware of these things, even with dealing with people you write often with. Social engineering is an art for itself, which is mastered by many scammers and conman, just to trick you out of your stuff without you realizing it being bad.
>thinks he's rich with 1 million
This fag just opened the port for normies.
What would you invest or do with 1 million?
Penis surgery. Mine is too big.
>>2544463
Here's what happens. Someone "opens the port for normies" like Laura Southern like once a month, they all buy in, then BTC and ETH crash, sometimes like 50% or so over a few days, scare away all the normies who leave screaming >THAT BITCOIN SHIT'S A SCAM FUCK YOU GUYS AND YOUR GAMBLING and then it soars up to new heights and repeats all over again.
You see?
The fact this autist became famous for making $1 million off crypto just shows how pointless it all is.
Okay.... first of all, pic related is the price right now. The price is drawing a perfect Inverted S-H-S.
>You can see how to trade this pattern here:
>http://www.forex.cat/education/175-shoulder-head-shoulder-formation-normal-and-inverted
To know the plan, read the last thread here:
>>2542215
I am creating this new thread to answer this important question:
>>2542740
Which says:
>Do I want to close on trigger when submitting the Buy order?
NO! Uncheck the Close on trigger, you WANT to increase your position! You need to have MORE contracts, if not, the price will keep soaring and will execute the SELL order, leaving you on a negative balance. Because the price will keep soaring, you will lose all your margin.
Wigger draws some lines and thinks he will make big gainz.
>>2544408
Try not to masturbate
>>2545001
grats you made like 3k i guess?
https://bittrex.com/Market/Index?MarketName=BTC-SWT
inb4 "scam coin", "pajeet coin", "scam city", and other autistic fud.
>>2544347
>JOIN ME IN BUY, FRIENDS!!
>Buy muh bags plz
>>2544351
Actually I just wanted to share a good entry level, stupid scammer faggot.
>>2544347
If that's the group of faggots that developed this coin, then no thanks.
What's the best way to grow money in crypto with only a small amount of money? I looked over the options and it doesn't seem like there's a good one.
1. Buy a coin with a future and hold for months or years and hope it moons. I don't want to wait that much and it's a gamble, just a smaller one than buying into the hype.
2. Go all in on a gamble or the hyped shitcoin. Might fall down and end every minute.
3. Trying to trade shitcoins. I bought into Cannabis Coin and with around $100 and after selling it got me $1 of profit. So I'm risking $100 for $1 profit, meanwhile everyone is selling at every 0.0001 price point so you can't take bigger profits(unless you hold, option 2).
How do I increase my chances?
>>2544329
You've got 5 minutes to download the byteball wallet and I'll send you some
>>2544377
It takes more than 5 minutes to download, install and set it up though.
THEY LAUGHED AT US
THEY MOCKED OUR BAGS
TODAY IS THE DAY WE GET THAT SWEET ASIAN MONEY
SEE YOU NODGBFAGS ON THE MOON
>>2544235
seriously you fags are welcome for even bringing this to your attention.
for you bag holders, today your strong hands come to fruition.
>>2544235
i bought what I thought was the dip at 1700 and sold at 1600
no regrets
>>2544235
it's so sweet.
so so sweet.
DGB FUDDERS ETERNALLY BTFO
buy now or cry later.
> solid research
> compelling arguments
> juicy profit prediction
im convinced OP
going all in now
For those who don't know, OP is talking about MaidSafe (MAID).
Complete noob over here , should i really go for it ?
>still haven't been verified on Kraken after a month
>still can't buy any Bitcoin
WHO THE FUCK RECOMMENDED THIS TO ME YOU SHILLS THANKS /BIZ/
>>2544094
i got verified in 1 week
pussy ass bitch can't even use twitter or support tickets to speed his shit up lmao, what a fucking socially autistic faggot
> he fell for the kraken meme
lol good luck OP
maybe you can buy your first coins in 2018 if youre lucky
>>2544094
It took me 3 weeks to reach 1 and 2. I'm trying to clear my schedule for the next 2 years so I can go to tier 3.
Kraken is da bomb!
$50+ appears imminent and the rocket fuel is just about topped off.
>>2544083
money is pouring out of mETH into actual decentralized currencies. its a great time to be alive gents
>>2544083
If only I bought 10,000 LTC.
Who cares about $ values?
I want LTC to be back again at 0.024 BTC.
But let's be realistic, LTC will never ever reach that BTC value because after BTC SegWit, LTC will just die as a coin without purpose.
The only true accomplishment of LTC will be the rolemodel for BTC's SegWit activation.
Don't get fooled by empty promises.
Get rid of your bags by mid July or you will regret it.
Now after Status, which ICO´s are u looking to invest into ?
Was thinking about buying into Civic
>>2544016
Thinking about cryptoping
>>2544016
None. ICO's are scams.
>>2544016
ive been stuck in the queue for this shit for over an hour now
They'll split the king kong Bitcoin. It's a mess. Jihan probably blackmailed by jews or CIA (burger-jews).
When the staple crypto goes split, it's not only downward spiral, it'll be downward triple boost jet-propelled descent into the abyss.
Are you prepared?
ill buy more
>>2544018
Haha, you'll buy more? Are you one of those XRP fanboy retards? Or are you one of those post-XRP retards, also known as "DGBtards"?
The fuck is wrong with you.
>>2544029
Bitcoin will survive and you have autism. If you're a /pol/ack please understand that you're on the bottom of the fucking bell curve when it comes to IQ. The anime shitposters are the only ones to get anything done over there and the aggressice retard polacks still attack them as if they're degenerate.
BTC survives because Satoshi Nakomoto is a genius. Some worthless chink who capitalized off of BTC isn't going to kill it, sorry.