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Speculating in cryptocurrencies: A rough approach
Rank: Elder Joined: 6/23/2009 Posts: 14,248 Location: nairobi
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Angelica _ann wrote:Mukiri wrote:BOOM!  News!!! @spikes caught a migraine when he found out he had thrown cash into a ponzi.. can't post as we speak. quick recovery to the wazua clown
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Angelica _ann wrote:Mukiri wrote:BOOM! News!!! Lifeline. Small reprieve before we go down. What is significant though, is the sheer amount of muscle! @SM3, I hope you got rid of XVG in good time. Porn might sell some ads, but its all filthy money!
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Rank: Member Joined: 3/26/2012 Posts: 830
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Current portfolio value: 1. Verge (XVG) - $0.069569 2. IOSToken (IOST)- $0.050063 3. Substratum (SUB) - $0.733145 Subtracting the buying prices: XVG:- (0.86%) The coin has shed o.86%. Current Value $991.4 IOSToken:- 65.22% The coin has gained 65.22%. Current Value $1,652.2 Substratum:- 22.19% The coin has gained by 22.19%. Current value $1,344. Please note that I bought Sub at $0.6 not $0.06. That was a typo. Total holdings = 991+1652+1344 = $3,987 This represents a 32.9% return on speculative activities in 2 weeks. Please note that my portfolio has performed very poorly due to that unprecedented announcement by XVG. Happy Hunting A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 3/26/2012 Posts: 830
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Activity 4: It is in my experience that markets go up and down depending on multiple reasons. Therefore, I have decided to withdraw $987 and speculate with $3,000 in three new coins. I have also studied the market and discovered that the greatest gains are achieved by speculating on altcoins with lower market caps and reasonable volumes traded. I have decided to liquidate my holdings and invest $1,000 on each of the following coins: 1. Ambrosus (AMB) = $0.531184 2. Bitshares (BTS) = $0.266412 3. Triggers (TRIG) = $1.60 $1,000 on each of the three coins. Let's see where this goes.  Happy Hunting A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 6/6/2016 Posts: 167 Location: Nairobi
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well done, many chastised you but the numbers have done the talking. it is indeed a risky game but there are some easy wins, spot them and you will do well.
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Rank: Member Joined: 3/26/2012 Posts: 830
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AMB - 0.656 TRIG - 1.67 BTS - 0.295 Call me paranoid but I checked the hourly figures and I didn't like them. I have tethered my entire blockfolio for 24 hours to see what happens. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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S.Mutaga III wrote:AMB - 0.656
TRIG - 1.67
BTS - 0.295
Call me paranoid but I checked the hourly figures and I didn't like them. I have tethered my entire blockfolio for 24 hours to see what happens. Refer to post #11. Bitcoin is KING! It goes up, alts go down, it goes down, alts go down, alts will thrive (mostly) when BTC is stable. BTC has been rising. Learn some basic TA. Fib will tell you where to expect a stable BTC. Candle sticks will tell you the market emotion (aggression and direction). Indicators (RSI) will tell you if the market is overbought or oversold and what to anticipate. Keep abreast with news (joining a few relevant Telegram and Facebook channels help).Without these, its all pata potea.. you don't know when to get in and when to get out! My take, if you take a look at BTC on tradingview, the gains aren't too aggressive to warrant an exit from alts. Unless an alt is retesting an overbought position, the rise in BTC will only mean a slight fall in BTC sats (Its fiat value remains unchanged), before resuming its trend (Trend mainly news driven). I'm with you on one point, if you get a low cap coin, cheaply priced and a worthy project, buy it! And forget trading it, unless BTC is tanking. EOS, WAN, TOMO quickly come to mind. Since you are in tether, let me throw you a bone... Think about Bitcoin Cash once it retests/corrects. Ride it up until the purported fork, that's if BTC remains on an upward trajectory. Not financial advice, DYOR
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Rank: Member Joined: 3/26/2012 Posts: 830
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Mukiri wrote:S.Mutaga III wrote:AMB - 0.656
TRIG - 1.67
BTS - 0.295
Call me paranoid but I checked the hourly figures and I didn't like them. I have tethered my entire blockfolio for 24 hours to see what happens. Refer to post #11. Bitcoin is KING! It goes up, alts go down, it goes down, alts go down, alts will thrive (mostly) when BTC is stable. BTC has been rising. Learn some basic TA. Fib will tell you where to expect a stable BTC. Candle sticks will tell you the market emotion (aggression and direction). Indicators (RSI) will tell you if the market is overbought or oversold and what to anticipate. Keep abreast with news (joining a few relevant Telegram and Facebook channels help).Without these, its all pata potea.. you don't know when to get in and when to get out! My take, if you take a look at BTC on tradingview, the gains aren't too aggressive to warrant an exit from alts. Unless an alt is retesting an overbought position, the rise in BTC will only mean a slight fall in BTC sats (Its fiat value remains unchanged), before resuming its trend (Trend mainly news driven). I'm with you on one point, if you get a low cap coin, cheaply priced and a worthy project, buy it! And forget trading it, unless BTC is tanking. EOS, WAN, TOMO quickly come to mind. Since you are in tether, let me throw you a bone... Think about Bitcoin Cash once it retests/corrects. Ride it up until the purported fork, that's if BTC remains on an upward trajectory. Not financial advice, DYOR The blockfolio is about 9% up. I will withdraw $270. I will then use the remaining $3,000 to start over in 3 counters once I am comfortable again because right now I have my unconfirmed doubts. Total withdrawn amount = $1,257 Blockfolio value = $3,000 In periods of uncertainty, I prefer tether which is almost the same as converting the blockfolio to FIAT. Tether is more stable than bitcoin. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: New-farer Joined: 10/25/2011 Posts: 67
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Mukiri wrote:S.Mutaga III wrote:AMB - 0.656
TRIG - 1.67
BTS - 0.295
Call me paranoid but I checked the hourly figures and I didn't like them. I have tethered my entire blockfolio for 24 hours to see what happens. Refer to post #11. Bitcoin is KING! It goes up, alts go down, it goes down, alts go down, alts will thrive (mostly) when BTC is stable. BTC has been rising. Learn some basic TA. Fib will tell you where to expect a stable BTC. Candle sticks will tell you the market emotion (aggression and direction). Indicators (RSI) will tell you if the market is overbought or oversold and what to anticipate. Keep abreast with news (joining a few relevant Telegram and Facebook channels help).Without these, its all pata potea.. you don't know when to get in and when to get out! My take, if you take a look at BTC on tradingview, the gains aren't too aggressive to warrant an exit from alts. Unless an alt is retesting an overbought position, the rise in BTC will only mean a slight fall in BTC sats (Its fiat value remains unchanged), before resuming its trend (Trend mainly news driven). I'm with you on one point, if you get a low cap coin, cheaply priced and a worthy project, buy it! And forget trading it, unless BTC is tanking. EOS, WAN, TOMO quickly come to mind. Since you are in tether, let me throw you a bone... Think about Bitcoin Cash once it retests/corrects. Ride it up until the purported fork, that's if BTC remains on an upward trajectory. Not financial advice, DYOR @Elder Mukiri. Which Telegram channels and Facebook groups would you recommend one to join to follow on Cryptocurrency news.
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Rank: Member Joined: 3/26/2012 Posts: 830
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I am back in. Green everywhere on hourly charts. Bought: $1000 worth of AMB @ 0.636 $1000 worth of INS @ 1.88 $1000 worth of QLC @ 0.222 I tethered. Better safe than sorry. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Speculating in cryptocurrencies: A rough approach
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