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Speculating in cryptocurrencies: A rough approach
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mamilli
#211 Posted : Thursday, December 13, 2018 5:25:36 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Mike Ock wrote:
As with all money markets, unless you have CONNECTIONS here, you are flying blind. What are the right connections to have? Someone who works high up in a major exchange. They are the primary movers of crypto prices.


This holds true for most shitcoins,remember the fast fading "binance/coinbase effect"...for BTC things are even murkier especially with the advent of the paper (fiat) settled CME/CBOE bitcoin futures.Atleast BAKKT futures promises physical BTC settlement.
All in all,playing ALTS will in most instances get you scorched,they rarely recover once they go burst,save for som OGs like XRP,LTC,MONERO etc.Check out historical snapshots https://coinmarketcap.com/historical/
Never lose your position in a bull market,BTFD.
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mamilli
#212 Posted : Friday, December 14, 2018 8:11:01 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Holy smokes!!...100b total market cap barely holding...awesome times ladies and gentlemen,awesome times!
Never lose your position in a bull market,BTFD.
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  | | Edit by user: Friday, December 14, 2018 8:12 PM | Reason: Not specified
Yliett
#213 Posted : Monday, January 07, 2019 6:47:26 PM
Rank: New-farer

Joined: 12/23/2018
Posts: 38
Location: germany
We need to realize that Cryptocurrency is the future of the world. I know that there are some issues in them but they can be solved with discussion. We just need to see what Venezuela is doing with Cryptocurrency and how it has affected their almost broken economy.
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jmbada
#214 Posted : Tuesday, January 08, 2019 9:38:49 AM
Rank: Member

Joined: 1/1/2011
Posts: 396
[quote=Yliett]We need to realize that Cryptocurrency is the future of the world. I know that there are some issues in them but they can be solved with discussion. We just need to see what Venezuela is doing with Cryptocurrency and how it has affected their almost broken economy.[/quote
YES let's look at Venezuela
https://www.cnbc.com/201...-considered-a-scam.html
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Sober
#215 Posted : Tuesday, January 15, 2019 2:24:19 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Cryptocurrency will make you money in a month what would take a decade on the stock market, at the same time it may render you bankrupt if you place all your wealth there and forget to cash out during the bull run. The trick is to harvest as the price goes higher to remain sober so that when the market is red, you will be praying for even lower prices for you to accumulate more. I say this out of experience, ulizeni maswali mjibiwe.

ooh! before i forget

1 Bitcoin = $3,687.46 as i type
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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mamilli
#216 Posted : Wednesday, January 16, 2019 7:25:24 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Sober wrote:
Cryptocurrency will make you money in a month what would take a decade on the stock market, at the same time it may render you bankrupt if you place all your wealth there and forget to cash out during the bull run. The trick is to harvest as the price goes higher to remain sober so that when the market is red, you will be praying for even lower prices for you to accumulate more. I say this out of experience, ulizeni maswali mjibiwe.

ooh! before i forget

1 Bitcoin = $3,687.46 as i type


What bags are you holding?
My blockfolio looks like this...BTC,ETH,XRP,EOS,BNB,LINK,also bought into the EO coin ICO (native token for the soon to be launched EO.TRADE exchange)

PS..BTC constitutes 70%,the rest shitcoins smile
Never lose your position in a bull market,BTFD.
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mamilli
#217 Posted : Wednesday, February 20, 2019 1:34:00 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Useful site with loads of various crypto metrics.Certainly more granular than "Coinmarket cap" site.

https://messari.io/onchainfx
Never lose your position in a bull market,BTFD.
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  | | Edit by user: Wednesday, February 20, 2019 1:35 PM | Reason: Not specified
mamilli
#218 Posted : Wednesday, February 27, 2019 5:55:23 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
If you're hodling in a hot wallet,you're courting trouble...
https://www.ccn.com/inve...et-vulnerability-coinomi
Never lose your position in a bull market,BTFD.
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  | | Edit by user: Wednesday, February 27, 2019 5:57 PM | Reason: Not specified
S.Mutaga III
#219 Posted : Friday, March 01, 2019 2:20:10 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
Bought some Theta Token about a month ago after learning about their mainnet launch 2 weeks from now 15th. That coin has been pumping like crazy Drool Drool I will sell on 14th or 13th. Maybe I will 5X my money. Now at 3X
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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mamilli
#220 Posted : Friday, March 01, 2019 2:50:29 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
S.Mutaga III wrote:
Bought some Theta Token about a month ago after learning about their mainnet launch 2 weeks from now 15th. That coin has been pumping like crazy Drool Drool I will sell on 14th or 13th. Maybe I will 5X my money. Now at 3X


Good call,missed out on this one,chose to double down on BNB instead (no complains).However,jamaa will front-run you if you hodl till 14th.
Never lose your position in a bull market,BTFD.
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