/biz/ - Business & Finance

The history is written by winners. For one Paul Tudor Jones in 1987 Black monday, there's hundreds of thousands or even millions of people who got JUSTED. Everyone of those people were wrong and this 1 guy was right ?
Do You think he just posted his predictions to a general public ? Yeah, You got that right.

>PBS released a documentary about Jones, titled Trader. Jones bought almost all the copies of the movie as soon as it was released—he didn't want anyone seeing it. There's some speculation that Jones hated the documentary because he felt it gave away his trade secrets. Or that he just didn't like how he looked when he was trading.

cont.

Now why I'm writing this, when subject is HODL meme ? Because that drunk guy who wrote that HODL post on bitcointalk, gave accidentaly the most valuable lesson in crypto that I would give to myself when I was starting.

Stop trading if You don't know shit. Nobody will give You calls for free like this is some wonderland. This is cold blooded market, that for You to win, everyone around has to lose in trading.

If You have zero knowledge in trading and You are just entering the market - invest for a long term and close all those charts. Educate Yourself in between if You want about trading.

For starters. Create an Excel file. In this file You will be entering Your :
>entry position
>sell target
>ETA
>profit/loss after ETA ( 1 week for example)
>profit/loss in sats relative to BTC
>Bitcoin price and sat value of the coin on entry date
>Bitcoin price and sta value of the coin on sell date

Now open coinmarketcap, tradingview,plebbit,4chan, every source that You possibly can. Look for opportunities similiar to one that I've posted in lesson 3 ( will repost it below), and INVEST IN EXCEL with a real percentage of Your capital atm.

If You miss ETA and You are in red after a week for example - congratulations. You just learned a valuable lesson in trading without losing Your capital. In other words - You got justed and left bagholding. Now do at least 5, not more than 20 trades per month, and see if You are in the red or green. Read everyday, make own conclusions, treat everyone like a shill.

DYOR or lose money. This board is filled with paid shills and fuders. Treat me like one of them.

Lesson 1+2

Lesson 3 (amb berlin conference)

is there really any point in trading for even 20% upswings? especially when even a 50% success ratio is god tier level difficulty.

i feel just buying fundamentally solid coins in their infancy and waiting is the way to go, unless you for sure have some tangible trading technique and the time.

REEEEEEEEEEE STOP GIVING GOOD ADVICE

>>9099796
It's all about risk an invidual is willing to take and how good signal is. When You do 3 x 20% and get burned once for those 3, and cut your losses early on like -10% for sure it's worth it.
I would not suggest higher amount than 5-10% of capital for trading to anyone with less than 6-12 months experience in crypto, and by experience I mean extensive research, not 4chan only. I am HODLER with most of my capital.
>>9099798
Sorry bro, I have to give back something.

>>9099798

It should not be 4chan against each other. Very few people reach the bowels of the internet here to read anything. We are a small number.

It should be 4chan against the normies.

Most people here won't even read a long post- so don't worry. Maybe 2 people will change the way they see things.>>9099725

>>9099725
Thanks for typing this up.

Everything is with a grain of salt. Very few people will listen to advice anyway. Especially free advice.

I told my friends when Dragonchain (shit on it- whatever) hit $.55 cents to buy it and the money would double EOY. I even guaranteed I would buy it back at EOY if it did not hit one dollar.

Did anyone listen--- no.

Anon- I will read this a few times to digest it but at least one of us hears you.

>>9099911
thank you teachningfren
I am sure you will make it if you haven't already
also checkd

>>9099911
That's the way I'm seeing it aswell. Unfortunately, /biz/ has been infiltrated by groups of people with bad intentions, when crypto started booming. Oldfags left after they made it, and now we have to deal with all of those subhumans spreading missinformation on daily basis.
>>9099938
Thanks for taking the time to read. Also I stopped talking to irl people about crypto. Especially close friends. I suggest You do the same.
>>9099954
That wasn't me, but thanks. I hope this helps.

>>9099725
>You need to have 51% winratio on trades, but risk/reward in other words profit vs losses has to be on +
So you don't need 51%

>>9099746
> In this file You will be entering
Add something like what got you into the trade in the first place, a moving average did something, an announcement, wanting to play a breakout, an airdrop, a wallet moving, looking for a retracement... Then once you have enough data you can be like wow what a bunch of bollocks I'm not going to do this again in my fucking life, I hope the motherfucker that told me he was doing a daily 7% gets eye cancer. Goes back to DYOR.

>>9099746
Damn your words remind me when first enter this retarded memes market in 2016. I tried daytrading and I lost more than 1k$. Atm I was damn is suck at trading some memes so im just gonna hold it. And guest what I cash out 500k at the last bull run and still have 50k left in alt haha .

>>9099725
Great post. You really know your shit. Do you have a blog by any chance? Want to learn from you and follow your journey. Hope we can get rich together, friend. Thanks for the motivation.

>>9099746
Hello fren. I trust you. Very much enjoy your threads.
I am in this market with 3% of my money that I can afford to lose.
Is it ok if I set a target to X30 and not cash out untill then, no matter what ?
50% Omg
22%Req
23%Link
5%Neo

>>9100028
You need 51% in a long run. Just because You won big on couple of trades to make up for losses in an example of 10 trades, doesn't mean this trend will continue, and I was talking about active trading. Not doing flips once or twice per month. Comparing crypto to broker wallets not ebay flipping some lacoste shirts,You will find sometimes in thrift shop for 2$ and sell it a week later on ebay.

Entry point reasoning doesn't needs to be added in an excel, it just goes back to DYOR in general, You are right.
>>9100103
Good job anon. That's why I wanted to write a post like that, because people are shilling trading and moon missions, but nobody looks at the other side of the pump which is DUMP.
>>9100121
/biz/ exclusive, not going to start some blog/telegram/discord to turn into a shill for some pajeet ICO's in the process (example-watchbro and his revolution kek)

>>9100196
sry for doublefaging, missed your answer.
If that's Your target, then so be it, but You have to reconsider this strategy based on market after X amount of months/years if target isn't hit IMHO.

Also don't trust me, trust yourself. DYOR and be confident in what You've picked for that folio. I won't be rating folios or shilling shit here.

>>9100274
Any thoughts on a VeChain Hodl?

Its hard to pick from so many great coins, but I fear I diversified too much for myself. VEN would be the alternative for me

>>9100274
I trust you b/c you also trusted me.
I told you to post with a name so we recognize you, and you did..
As for my portofolio, I am not good at trading, don't want to spend time documenting about crypto. I trust the projects and will hodl. If one of them goes way up, then I will ask some questions about what to do. That will be at least X10 while others X2-5.
Thanks fren

>>9100287
>>9100287
Zero thoughts on any coin. DYOR and go back to lesson 2. I would be more than happy for You to elaborate on the token yourself in a long post, explaining to me and yourself, why you are investing in it and why you should go all-in on it compared to other alternatives/competitors in terms of long-term hold. If You don't have a knowledge yet to just type what's in your head without zero help, don't even bother copy-pasting shit from web and if you did a halfass research before asking this question to some stranger on 4chan, you can expect halfass results of your investments in the future.
>>9100389
Oh that's You anon, I remember, thanks for kind words of encouragement. Even if You are not good at trading, I suggest getting knowledge about it. Way less stress about red candles, if You see it and they have zero explanation in news etc.

>>9100228
A system can work with 51% but it's really not necessary, it's a bit of a coinflip. You could be exiting out of trades too soon. You can go with being right less often than that, but then you have to expect that the next trade you open will be wrong. Or you can go with being right more than half the time, leaving something for someone else and with greedier stops because you're more tolerant to those times you get it wrong but fees could become an important issue if you're aiming for very little. There's no right way.

See if something here sounds more significant
https://thesystematictrader.com/2017/05/21/measuring-your-trading-performance-with-the-gain-to-pain-ratio/
https://www.investopedia.com/articles/fundamental-analysis/10/strategy-performance-reports.asp

There's no need to get lost on the maths either, although Excel sets it up easy. For succesfully active daytrading/scalping maybe 51% is even too little but that shit needs too much focus and we all know shitposting is what keeps the world moving.

Absolute atate of biz
Takeing “lessons” from poor fag
When will you learn biz? When will you accualy learn to take advice from people who accualy make money?

>>9100492
That's more in-depth perspective that would be too hard to process for a beginner. I was focusing more on a easy way to view trading as a +/- game. There's countless books,articles,lessons,schools etc, no need to explain this here really. Thanks for contribution.

>>9100515
Well if that what y said then y guys should listen to me put all your money in ponzi chink scam shitty coins cause i made a fuck ton of money by investing in bitconnect early and get out soon enough m8. I'm not saying that bitconnect or any other ponzy scheme shitcoins isnt a scam or they are legit. If someone make some money by doing sth doesnt mean that if y follow their path or listening to their advice will help you make it anon.

>>9100618
Apologies if I sounded like an asshole or something, sincerely best of luck to all of you.

>>9100667
Not at all anon. Godspeed.

>>9099725
solid advice fren. when I started out I was a complete nub but as time goes on you're starting to grasp how it all works. saving this post.

also when you're looking at catching the dip and you know how to do TA check for RSI bullish divergences. that's basically the easiest way for me to catch dips. buy and put a SL and forget about it. I 'catched the dip' multiple times yesterday but I got shaken out because I let my emotions run. If you're certain about a support (they are pretty solid most of the times, expect for if BTC fucks up) you should be fine.

>>9100712
oh yeah and patience is very important with crypto - if you get a good entry don't fuck it up. a friend of mine sent me this earlier and I thought it was itneresting: https://en.wikipedia.org/wiki/Stanford_marshmallow_experiment.. it's basiclaly saying patience (delayed gratification) pays off.

https://twitter.com/c_temujin/status/989257119881932801

this is my post and I sold all those coins for barely any profit/breakeven because I went to sleep. I didn't stick to my plan and I got fukt a bit. I got some ICX and NANO on this dip though - if anyone is interested in my TA or mentality send me a dm on twitter

>>9100712
>>9100756
Damn nigga, you went from good insight to shilling your TA twitter really fast.

>>9100804
if you say so lol, i was trying to illustrate what i did wrong. easier to post it like that instead of posting 3 comments with imgs

>>9100515
*Taking
I'd rather take lessons from a poorfag who kinda-consistantly makes 10-20% monthly than a brainlet who got lucky and got a 50% moon and lost it day trading like a faggot. And also can't even spell.

>>9100847
> if anyone is interested in my TA or mentality send me a dm on twitter
Next step would be send 0.05BTC to this address, for daily TA. Either you are doing something for /biz/ or that's the way to get new followers on twitter. Pick one dum dum

>Don't trust ANYONE. Not even me.

*close thread*

pew that was close

>>9100957
I never said something about payment lol? Why would I try to hustle off bizlets and anyone paying for my advice is retarded. I previously helped anons on here and I profit enough off my trades so I don't get what you're coming at

Thanks, fren, I needed this after losing my ass today. Perfectly bought the top of a pump and sold the bottom...

can you make a telegram or something? so many redddit shitters and pajeets are watching this thread. Plus it be great to not have to wait for these threads to pop up

>>9100986
kek,i knew someone would catch that, but it's just a matter of speech to encourage DYOR
>>9101005
why do you want dm's from anons on twitter for then? taking in consideration this thread is for less experienced users, who often fall for scams "i just want to help, please join my discord/telegram/twitter".

This and other threads are all about DOING YOUR OWN RESEARCH, not following advices blindly. If You want to shill your twitter, create your own thread and btfo with links to tradingview,twitters,discords,telegram from mine.
>>9101008
Glad it helps.

>>9101105
Its ok anon i agree with you

>>9099725
Kill yourself

Real advice for once anon I have
2 ETH
73 ICX
2.7k FUN

I realize I won’t be a millionaire from this but how long should I hold? I bought in December like a retard and am a bit uncomfortable and throwing anymore money in this shit show.

sold half of my stack at ~9450 (expected a drop to ~9100 to rebuy), put a stop-loss at ~9750 and went to bed because i got badly burned by a bart few weeks ago.
woke up to find my stop-loss going through at basically the very very top and then instantly dropping to ~9100.
fml senpai, if i only put my stop-loss 20 or so bucks higher, i would be up 8% instead of double loss down ~10%.

>>9099911
I agree with this.

itt jew pretending to be your fren gives you pathetic advice

>>9099725
>51% win ratio

Anon......you need to read a book. This isn't a casino. The secret is capital protection - learn a good stop loss strat or just DCA (my preference). And it's fucking 2018, get a bot so your emotions are irrelevant and an algo can do it for you. Detect bull, bear or sideways on the hourly - have strats for each. I like an EMA & RSI based mean reversion strat on the 5 min charts for the actual trades, I'm up 2.4% for the day and I haven't done a thing. Low risk scalping, 24/7. I just do some fundamental & sentiment analysis in the morning, if there's a coin I think will pump or dump I add or remove it from the trading list as required. Takes a half hour, and I go about my day.

>>9101091
Read last response in >>9100228

Not going to happen basically, and that's why I would rather be a tripfag here, than create something external.>>9101091
Read last response in >>9100228

Not going to happen basically, and that's why I would rather be a tripfag here, than create something external.
>>9101116
Chinese person judging my decisions is actually accurate.
>>9101137
Until You will be happy with the profit. It was not a retard move, I guess it was more "I didn't research the market, and I will just FOMO in with little to none research in the field".
>>9101175
Hindsight 20/20. I would be multimillionaire if every decision I made in crypto last year would be correct.

>>9101241
Thanks for dropping TA definitions with "your strategy" spiced with bot usage and passive aggresive approach in the thread that I want to show ropes and guidance for beginners in most easily accessible way. If You want to elaborate more and actually explain what the f you just said here, without usage of the bots, keeping in mind that a reader doesn't have extensive knowledge about TA and didn't read your magical "book", that would be actually helpful. If you want to just hop on the thread and drop some advanced techniques that are "always right" and are making % a day, you can also shout bitconect in the process.

What do you think about LINK, FUN and RLC, OP?

>>9101246
yeah i get that. To many fucking retards that start arguing over stupid bullshit. We only let in people that stay on topic. if you shill you get kicked

>>9101411
You don't get the message that I'm trying to push here. DYOR
>>9101467
There are some even in this thread, telling me out of blue to "kys", just ignore this and read what's important. Even view like >>9101241
here is great, when You have time to doublecheck all of this info, and that's the beauty of open space. I want to reach /biz/ first,and in some way I want to reach people like myself from the past here.

>>9101583
give me a run down . Like step 1. step 2

like a guide

also for the people, the do want to learn.

i learned this lesson two days ago. When trying to trade don't try to take big proffits. What i mean is if a coin goes up 200 sats that perfectly fine to take. Don't expect to make increase your stack going up cents.

>Posts crypto lessons
>Unironically believes people get paid to shill/fud on le 4chins

>>9101870
Here's the dropbox that I got from another anon, it's basically on /biz/ from time to time. Pick a book and just read
>https://www.dropbox.com/sh/3y4tx4bssv6zm9v/AAC-o_C-q3jT-0flTFC5o_Lxa?dl=0

There's investopedia and similiar websites, tradingview where people give actual rundowns of their path of thinking, that you can source back to knowledge and compare to other traders etc.

TA is hard, and there is no way in hell I can cover / give you anything more than traders out there that wrote books on it with 15+ experience on the topic. There's no easy way here.

Altough I don't find TA to be a neccesity when we are talking about crypto trading (not daytrading).

>>9102158
There's no doubt in my mind. Fud/shill teams have targets on entire web, every forum,board,plebbit,telegram,discord groups etc. If you do believe that this board is clean, and we are not being compromised by p&d groups, you are just naive.

Going off and self bumping this last time. Take care anons

>>9100020
Why did you stop talking irl

Good shit anon.

>>9103513
Oh this thread is stil alive. I don't talk to people I know about crypto, because either they are too dumb/too afraid to invest money = slave mentality or they were boomers, thinking they know shit because they saw some news about BTC in december. One friend of mine shilled me IOTA for 4$ and LTC for 250$ with little to none research prior to that. Everyone is different, but I don't want friends blaming me for their losses or not giving me enough credit/profit for gains.
>>9103970
Glad You like it.

>>9104161
Is it wise to fomo in sometimes when you already have a good portfolio?

>>9104161
>I don't talk to people I know about crypt
>I don't want friends blaming me for their losses or not giving me enough credit/profit for gains
This literally me when some of my relative ask me about crypto although i always wanted to tell them that shitcoins is a shitcoins no matter wherer they stand in CMC. People now just gonna buy any shit come from the top 20 of CMC .

>>9104335
If FOMO in requires You to sell positions that you truly believe in- no. Also catching pumps is too risky, if people are ahead let's say 30% from news that dropped 24h ago, you better look for a different opportunity then risk getting dumped on. There's too many projects to catch them all. If you will stick to your strategy and do trades based on emotions, you have higher chance of building your portfolio than some pump chaser. I'm majority holder, and very small percentage trader with portfolio, and I truly believe that's the way to go in terms of longevity.
>>9104472
It's basically bad investment of your time 9 of 10 times. Instead of explaining some friend of mine basics of crypto for 3 hours while we are drinking beer, I would rather shitpost on 4chan, and give value to people who might actually listen to good advice. Another example - I've talked with a friend of mine to invest this year into crypto, and he said to me that "he has to buy parts for his car, and he has a lot of other expenses". Never invested penny in his life. Working 50h a week in mechanical shop.

>>9104726
>do trades based on emotions
DO NOT DO TRADES ON EMOTIONS. CORRECTION

>>9100020
OP thank you very very much. You are a rare gem.
Could you please evaluate my strategy?
I buy 3-4 coins with about 10% of my folio to play with.
I evaluate them first and usually am good at identifying the dips.
Then I set a tiered sell orders @3, 5, 7, 10, 15, 20 and 50% with the 3-10% being around 70% of the coin.
Then I let it sit and wait. Also set an alarm and when the coin dips to more than 5% I sell.
I just started doing it and so far was too lazy to put it in the spreadsheet but already had to sell one for 2% loss.
Is this any good strategy or am I deluding myself?
Thank you

>>9104998
And You are basing this 3-50% increase on what ? Since you didn't provide any reasoning based on TA indicators or news/upcoming announcments. You just buy and hope it increase overnight , and panic sell with 2% loss ?

Thanks, fren

>>9105069
No. Sorry I wasn't specific. I research the project/coin first but these are not my hold coins.
Let's take Airswap for example: I knew that they are going to open their exchange(they did yesterday) and so I knew the coin is going to go up on that. I bought some and set the sell limits at these percentages.
I can get the actual prices if you are interested. And then I waited for the price to hit the sell targets.
And no. Not basing it on the TA. I know I should but I still suck at that.
And, again, this is 10% of my portfolio. The rest is in my hold coins: ICX, ETH, WAN, NULS- I got in early on these and I believe in the projects. For me they are steadily growing.

>>9105069
And I buy 3-4 coins like Airswap with not more than 10% of my folio.
I bought BRD in the middle of that huge BTC drop weeks ago and sold it now.
I don't day trade per se. It takes time for these to go up.
But yeah. Got burned on FUN.

>>9105130
>>9105169
>>9105130
No coin naming needed. So You are basing this on news. 50% increase target it's as close to gambling as it can be compared to other financial markets/investments that you can make in short period of time. 3-5% seems reasonable,and you are doing the research needed. If you want to trade like that, which is basically daytrading - you have to learn TA. At first go with volume,candles,reading order book, and basic indicators, but like I said before many times trading is and will be hard. This market will only attract more skilled and more driven people and without TA knowledge you will get justed and eaten alive. Even risking 10% of your capital for playing like that is not worth it. Sometimes news are announced in volume and order books, before they even hit the twitter etc. You might catch something like that, and actually gain the profit, but if news doesn't bring volume and buy orders to the coin, you are risking way more that you can gain potentially.
>>9105080
no problem fren

>>9105169
Good move with Airswap, when did you enter/sell ? If you did entry at the beginning of buildup around 10-11.4 and sold on 24.4 before this kek image dropped on their twitter, I am proud. Volume looks nice through the month so it was not an absolute shitcoin. Saving this coin for a research later, never heard of it desu. Moves like that, and you will be alright, but don't get full of yourself and research daily.

>>9105320
Thank you. I just wanted to specify that
my 50% target is only on 20% of the coin at the max. It's my "moonshot " target in case PnD happens for some reason really.
I sell most of it @3% then 5 and so on.
I know the basic TA. Mostly use daily RSI, but you are right, I have to learn more.
I mean so far I can identify the bottom and then I look for news.
I find a coin that looks flatlined and low so I go and search. 90 times out of 100 it's a PnD coin or a dead coin and is at the bottom for a reason.
That 10 coins 7 have nothing going on for a long time and maybe 3 have something going on in the next week's.
Thank you very much for your help.
I know I have to learn a fuck ton still. And I'm doing it, actually right now as well

>>9105548
I'm not sure what's 10-11.4
I bought both in ETH and BTC
BTC .00003963 and ETH @ .0006499
Sold in both depending when the sats were more favorable for BTC @around BTC. 00050 to BTC .00057
I can get the percentages

>>9099725
thanks anon! when you do your own research, does that mean looking at the tech, team and the white paper? people always tell me to do my own research on this thread but i don't get which websites other than the coins website to use. how can i know if a coins good or not. what am i supposed to look for?

>>9105548
Oh these are the dates. Lol
Sorry. Yes bought on April 11th sold from 14th to 24th

>>9105999
>>9106080
>>9106112
Sold too early. If the volume was right, never sell it for that low percentage. That's why I'm not a fan of order setup like that. If you have time, and you are connected to the internet 24/7, do orders on the fly on the day before/hours before it. Anyway good job and learn TA, you are on good path. Tremendous entry , just needed more patientce and control.
>>9106085
I will cover that more in the next lesson/lessons. If you are not techsavy,and a beginner in crypto,some technical whitepapers will just give you a headache. Coinmarketcap, twitter, plebbit,biz,tradingview, compare it to other coins that have similiar goals. Look for ideas,and trust your gut, ask questions if that's really needed in the world, and if this solution should be and will be great to do on blockchain. If you want some shill/fud on top of that, just create thread on biz/plebbit as excercise, and say that you "all-in" in this coin. People will answer more of your qustions to prove that you are wrong, rather than you asking for guidance. I will cover DYOR in future for sure, I have a cool ideas for it.

>>9099725
All I do for 'trading' is refresh sell orders on my coins at +30% over the going rate, once every 24 hours. Maybe once a week one of them pumps hugely and I wake up to see I've sold off at 5000 sats near the peak and it's settled back down around 4500 (or whatever the numbers are). A large correction after a monster pump is just about the surest thing in crypto. Ocassionally the sell triggers the the coin just keeps going up and stays there, but it's pretty rare (fuck you EOS).

I've made +25% on my stack vs just hodling, doing this for the past month and a half. Seems like a low-risk way to squeeze a little extra out of the market. I guess the price I pay is having to keep my coins on the exchange, so I'll probably just get gox'd eventually.

>>9106610
perfect thanks man! can't wait for the next lesson!

>>9106736
You are operating 100% of your capital like that ? If that's the case "low-risk" should be replaced with gambling here. If that's a trading stack, that looks okayish, but I personally rather have control of the trades I'm doing.
>>9106758
Don't get excited. Mt.gox dump is inbounds if anons are correct. Pic related, don't panic sell your shit on the weekends - that's also a mini-lesson. If you don't know what mt.gox is, I suggest you researching that ASAP, since that's the definition of exit scam. Take care and best of luck.

>>9106610
I kind of managed to do it on around 10 coins so far.
I re-bought some on April 15th and sold that today. That was risky to me but managed to make 25%
Overall that's kind of how I play. Sometimes I buy back in on a dip.
I figured that I'm ok with figuring out the dips. The highs on the other hand I have a problem with, as you can see.
Thank you very much for your input. I know that I have to learn more TA.
I'm finding out that because of the lack of that knowledge I'm missing percentages on the up move.
Meaning: very often sell too soon and manage to make 3-5% only.
But I figured if I make 3-5% on that 10% of my folio a week I should be fine. But it looks like you are right and it is kind of risky. Aka: my FUN buy was stupid and fucked that theory big time.
Again. Thank you

>>9101411
>FUN
gonna make it 100%

>>9106758
Here's what OP is talking about
https://www.cryptoground.com/mtgox-cold-wallet-monitor/

>>9106736
They are coins I have faith in, they aren't things I am just trying to flip for a dollar. But, 9 times out of 10 I make a little extra holding sell orders like that on them. There is nothing surer in crypto than a correction after a flash pump. I reset the +30% sells every day so a coin needs to spike that hard in a day or less for a sell to trigger.

Aside from keeping my money on the exchange, I don't really see what the risk is with this strategy.

>>9107298
>>9106937
shit I'm retarded, replied to myself.

>>9107292
ya i know about mtgox, im just wondering wether or not i should short BTC at 9k incase this happens.

thanks for the lesson fren, do you have screencaps or links for the previous lessons 1-3?

>>9107136
Godspeed, and never stop learning/researching.
>>9107298
The risk would be a coin that You believe in not coming back to any of the previous levels, because of many variables, and you won't be able to buy back in lower or I am missing the point. You need sleep, doing things in the day etc. Seems risky to me, and there is no bulletproof strategy. Anyway, if something is not broken, don't fix it. Best of luck
>>9107370
Remove long,short,margin trading and leverage from your vocabulary,if your previous questions were about doing the research. I did repost and forgot a pic, just to warn you that everything that bleed for another week, just don't panic sell your stack.

>>9107708
They are up here in this thread, I will always post previous capped lessons
>>9099755
>>9099766

>>9107802
ah sorry, just noticed. question: you say to cut losses early but what if it's been two months and the loss is around 50%

>>9108122
I'm holding a telcoin bag worth less than half what I paid for it

>>9108162
just sell it and move on if i were you, most of my coins i bought in january are down 50/60% right now but i sold them all a week ago and bought other coins which have gone up 20/30% since

How much is too much diversification?

>>9108122
That's a tough call man and I have zero information about this coin, so I need to pass on that. If that's a big bag, I would suggest waiting more and maybe setup orders to lose 25-30% from investment? If that's a January/February entry, you might lose 100% if development stops. That call is on You, I'm not your financial advisor by any means and I have zero knowledge about the coin. Just did a quick glance on marketcap and reddit. There is some partners coming/even rumors can create more volume so You might get out with smaller loss.
Definetely don't buy shitcoins that are listed only on trash exchanges. Hard, painful lesson, but I am guessing You fell for some shill and You had little experience in crypto. I don't know what to say man. Don't shill this to other, don't hurt other people. Take the loss You are willing to accept, and comeback stronger. Do a 10hour research before You invest in something. Avoid kucoin/yobit etc. Read previous lessons that's for sure. 50% loss is still some money to operate, You can make it back in couple of weeks with clear heart.

That's it for the day,and that's my last response. Going to bed. Take care frens, and see you in the next episode.

>>9108358
depends on how much money you have

>>9108358
less than 1k then stick to 1 low cap coin, upto 10k stick to 3/4 coins, above that don't spread out more than 10 coins

>>9108505
>less than 1k then stick to 1 low cap coin, upto 10k stick to 3/4 coins, above that don't spread out more than 10 coins

>>9108564
oh wow, thats super ballsy :) hope FUN does very good for your sake :)

>>9108358
Okay came back for one more answer.
>>9108474
This is the answer you are looking for.
Less capital,less coins,more risks both in position and in coin landing. So for example 1000$ - 1 or 2 positions for hold would be 90% of my folio, and 10% for trading looking for some short term gains with lowest risk possible and low % profits.

Bigger capital ? Spread it however you might like. That's your money, but don't all in,nothing is guaranteed. I would personally never hold more than 10 coins like >>9108505 stated. Too much news and variables to track + additional stress.

Also don't trust folios/screenshots/shills/fuders like : >>9108564

Godspeed.

>>9108700
>Also don't trust folios/screenshots/shills/fuders like : >>9108564(You)
why anon

>>9108707
Because this is a noob friendly thread. BTFO with coin names, folio screenshots, links to external groups, calls, shills, "my TA is the best" pics etc. Make everyone DYOR and chose their horses on their own. Sage this thread

>>9108783
FUN is a winning ticket in 2018, friend

>>9108700
Thanks fren

>>9101372

Because you're perpetuating the myth that TA and making a precise, correct "guess" perfectly timed is the real issue. It's not. That's the crap scamming TA "teachers" tell noobs. It's ALL about capital protection & position sizing - your betting strategy essentially. And I was simply pointing out that there's no mystery - proper position sizing is so powerful I can literally run a simple algo to basically print money. And yeah - trading is math, a big challenge for noobs is leaving emotion out and to stick to their system. A bot will simply fix that for you, since once you've set it up you can remove yourself from your trading entirely, just focus on selecting which pairs you want to trade, large scale trends, sometimes enter a manual trade if there's a reason to do so. There's no reason for noobs not to use bots or tools like trading view, or sentiment analysis scripts etc. You don't need a Bloomberg terminal, but use every tool available, there's so many great cheap and free tools available now.

So no, you need to go learn more yourself before coming here to "teach". Maybe you're a good trader yourself - but if so you've probably acquired good habits anyway that are so ingrained you no longer notice them.

>>9108909
which bot do you use? for newbies generally bots are too expensive as they don't start off with a large capital

>>9108909
Why You didn't respond earlier ? You were one of the most valuable person today and just vanished for a full day. I'm not teaching TA here, and I stated that I'm not in the position to do so if You ctrl+F this thread. Anyway I have to go to sleep since I'm tired. To summarize my response- I didn't want to bring any TA in those lessons, especially not in this stage. If You care to elaborate and give your perspective/help of how TA should be taught for noobs, I would be more than happy to brainstorm with You and maybe create different episodes for TA. If You can put that bullshit manner of talking to me aside ofcourse. Leave some @ here, ofc not official one, and check it in couple of days. We will chat. If not, thanks for contribution, and next time stay more if you can.

Also sage, and this is my last final response.
TA basics will have their time aswell, but I need more free time to do so.

>>9099725
Bumping for newfags. I already know this shit, good on you OP.

>>9108791
>>9108783
>>9108564
https://themerkle.com/how-smart-contracts-could-revolutionize-online-gambling-funfair-and-virtue-poker-face-off-in-merkle-exclusive-interview/

Best thread on biz