But be careful with bitcoin volatility which might come soon. It can destroy altcoin setups.
Yeah. Well usually if a project has very strong fundamentals its more likely to give you more winning trades. But in this market it doesn't matter that much. Even if its the most shittiest project, once hype comes in it will fly.
During the bullrun in 2017 it was all about the hype. Just look at twitter and search for the coins that are being shilled the most. Those are the projects that fly hard because those are the projects where the dumb money goes to. For example Tron, Verge, all that kind of projects.
Yeah exactly. And vice versa. From a FA point of view charts don't matter that much. It is cool if you have some history though
Most people didn't know anything about the market so they would just listen to big shillers and buy the coins that they shill.
Yup... it was all about hype and news and whatnots. But the baseless profits were huge as well. I will remember emc2 for ever... it was actually ann of ann that pumped the coin to space. Crazy
I remember everybody talking crypto on the streets, buses... All generations. About bitcoin and kripple lol 😂😂
👆The only thing is that when you want to invest for the long term you need to have some basic knowledge of TA and marketstructures. You don't want to invest in a project that has recently gone up x4 in a steep parabolic move. Those charts will come down fast and your investments will decrease fast.
Yeah. But when thats happening again you should consider to start taking profits.
All that you mentioned is absolutely true. You should buy in red and sell in green. When there is too much hype you should sell. You need a selling strategy when you invest. Selling a portion of your initial investment at 50% gain, 100% gain, whatever risk management you have. But without a strategy you become a bagholder. But sometimes strategy just doesn't work and you also need to sell with loss... better minor loss that holding a coin to - 98% and waiting for it to pump again.
Hey guys! I have a question. Why did you rebrand from Helis to Plutus? I think I've missed the announcement.
Usually the Bitcoin dominance tanks hard if the btc pairs of xrp and eth go up together. Both look ready to go up, so fat chance it will indeed go down soon.
This worries me a bit tbh. I don't know why did they choose him. Would be better if they went with Balina
Why do you say that? I think their aproach for tracebility using blockchain one products is quiet good.. Im curious why you think its scammy
i am not sure how far those partnerships they claim to have are legit
"India’s National Institute for Smart Government (NISG) has published its draft National Strategy on Blockchain. It makes ambitious suggestions, including both a central bank digital currency (CBDC) and a national blockchain.
A Central Bank Digital Rupee (CBDR) is proposed on a public permissioned blockchain.
National Permissioned Blockchain is proposed, where government departments and industry associations run the validator nodes. It proposes running a private version of Ethereum, perhaps Quorum or a private version of Hashgraph using Proof of Authority."https://www.ledgerinsights.com/india-blockchain-strategy-central-bank-digital-currency-rupee/
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Elrond gained and succesfully retested the daily resistancezone. And there she goes!
Binance Completes WazirX Lottery Draw and Will Open Trading For WRXhttps://www.binance.com/en/support/articles/360039081832
People getting rekt hahah. buying on the local tops and then seeing the price decrease by 20-30% if bitcoin makes a little move.
Trade safe guys, use money management, use risk% management, don't use more than x2-x4 of your tradebudget for a trade keep your mind in peace cut stress out, especially trade stress...
Always use a stoploss if you're trading. It doesn't matter how great a setup looks. If bitcoin decides make a big move alts will dump fast. Especially the btc pairs.
Who knows? It is like pop corn lately, you just don't know which project will pop.
Today it is with great pleasure that we welcome Nathan and Rami James to the Ultra team! They are two renowned blockchain experts, known for developing one of the most used EOSIO applications, Scatter. We believe their addition will be extremely positive, helping Ultra on many fronts from blockchain integration, development, and even with our marketing operations.
Thx for sharing the ann mate. I actually contacted Rami to join the UltraFan team :)
By Pranay Mohan So far, we’ve mostly been focused on what has already come to pass, with issues focusing on the events and people that shaped SNARKs in 2019. Now, we turn our attention to the future - to our predictions for what 2020 and beyond hold for this technology.
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Crybabies and bears will be kicked. As will anyone promoting shitcoins