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MrUKHackz

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1 minute ago, MrUKHackz said:

Is that code for you're waiting to see what pumps and then tell us you bought loads? :Mutley:

 

 

Fuck no brother. I've bought my alts and i'm only topping those up for now. I'm making my monies from all the BSC hype at the minute. The low fees are awesome.

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9 hours ago, crazyrightmeow said:

 You are right about that but since Im in profit for 6 years straight this year is the 7th I think I did good and I learned some things along the way. I dont think there is any point of me trying to go collect all the data from all the trading platforms that could be easily manipulated anyways just to prove my trades and profits to someone on the forum. I dont give any advice like what to buy etc. I just tell people when something is really obvious shit or good or basic stuff you should know. I rather dont give those advices like that because I dont want to have anyone on my soul if something go south. So basically because of that I dont give a fuck really if someone believes me or not.

I know your response was directed to the guy that actually gave that advice but the strategy he explained to him is actually good and is perfect for now since the dip is happening as we speak and he asked about it.

But the main point I was trying to make is that some people on this forum have knowledge about some useful things but wont be bothered to share it since this is the response they get.

"In trading people use this strategy to fool newbies that their martingale system will generate steady income for eternity.

But in reality, this strategy will destroy your whole portfolio eventually some time in the future. Because there will be some "Blackswan event" in market at some point in time. And one who ignore this fact, will lose everything."

Edited by Fudge
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1 hour ago, Fudge said:

"In trading people use this strategy to fool newbies that their martingale system will generate steady income for eternity.

But in reality, this strategy will destroy your whole portfolio eventually some time in the future. Because there will be some "Blackswan event" in market at some point in time. And one who ignore this fact, will lose everything."

Some people just don't like to see others do well.

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2 hours ago, Fudge said:

"In trading people use this strategy to fool newbies that their martingale system will generate steady income for eternity.

But in reality, this strategy will destroy your whole portfolio eventually some time in the future. Because there will be some "Blackswan event" in market at some point in time. And one who ignore this fact, will lose everything."

Who said that it will generate income for eternity other than the quote you just pulled out, he said he wants profit until the end of the year and thats one way to go with in crypto. Thats why trading is still gambling because no one really knows what will happen tomorrow but if you believe that crypto will stay for a long time its a no brainer even for the long run and every single trader buys at dips and sells at peeks so I dont understand what is hard to understand here.
Just like with stock trading\casino or anything else that is not 100% you only put amounts in that wont hurt your lifestyle if you lose.

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2 hours ago, Douvan said:

Some people just don't like to see others do well.

Yeah, that must be it. I'm just jealous that others have figured out a way to make big bucks with crypto. I will come back in a year and see you all get rich with these systems.

 

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13 minutes ago, Fudge said:

Yeah, that must be it. I'm just jealous that others have figured out a way to make big bucks with crypto. I will come back in a year and see you all get rich with these systems.

 

There is no must be it, that is it. Just be happy that people are making money, whether it be short term or long term. 

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1 hour ago, crazyrightmeow said:

Who said that it will generate income for eternity other than the quote you just pulled out, he said he wants profit until the end of the year and thats one way to go with in crypto. Thats why trading is still gambling because no one really knows what will happen tomorrow but if you believe that crypto will stay for a long time its a no brainer even for the long run and every single trader buys at dips and sells at peeks so I dont understand what is hard to understand here.
Just like with stock trading\casino or anything else that is not 100% you only put amounts in that wont hurt your lifestyle if you lose.

You're wasting your breath, some people don't like to see others do well.

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@Gkell727 well I am at work now and have a date tonight at my new girlfriends ,  thanks for ruining my day in the morning with your bullshit. Doing good by controlling my addiction and this forum was a great help until you came back. You harass me with every comment I post here all the time , don't know why you are so obsessed with me . Anyway will prove everything I said and then quitting this forum for good just bcoz of you , can't deal with your bullshit anymore , You won I agree and find someone else for your entertainment. 

 

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5 hours ago, Fudge said:

"In trading people use this strategy to fool newbies that their martingale system will generate steady income for eternity.

But in reality, this strategy will destroy your whole portfolio eventually some time in the future. Because there will be some "Blackswan event" in market at some point in time. And one who ignore this fact, will lose everything."

This I agree with, never underestimate the ability of the control structure to completely change the rules when it suits them.  At the moment cryptos suit them, they are trying to establish them in peoples psyche as it will help with the transition to the new financial paradigm and going cashless when the time is right to do so. It's no coincidence that Bitcoin appeared on the scene immediately after the 2008 financial crisis when the financial system broke.  

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6 hours ago, Fudge said:

"In trading people use this strategy to fool newbies that their martingale system will generate steady income for eternity.

But in reality, this strategy will destroy your whole portfolio eventually some time in the future. Because there will be some "Blackswan event" in market at some point in time. And one who ignore this fact, will lose everything."

It's also worth pointing out that with the method I pointed out it carries nothing like the risk a martingale system does because you are going the other way and you don't have to keep doubling your stake.  My example was Litecoin at £100, you buy 5 costing you £500, you get it wrong and the price drops to £50 so you put in another £500 and you buy 10 and now instead of requiring £100 a coin to break even you only require £66, it drops to £25 so you buy another £500 and this gets you another 20 coins and this time you only need a price of £42 to break even and so on.  You don't have to keep doubling your stake you only have to keep putting in the same amount and because you are cost averaging downwards you can only go so far and you are forced to stop so as long as you keep the amount within your means you are not going to go broke as the equation runs out before your funds will because you are heading towards 0 and not exponentially upwards and the more you add to your position the more coins you have so when the inevitable reverse to the pump back upwards happens so the more you make.  You just rinse and repeat this cashing out when you turn an acceptable profit.  Yes it could all go belly up one day but so could anything.

Edited by Mad Slasher McGurk
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Evening 

I'm a TA day trader for 7yrs now using IG platform, mainly going long or short on the FTSE & sometimes staying with DOW till it's 9pm finish. I read Japanese candle sticks along with ichimoku indicators.

I've tried typing in a few of the above named shares ye have mentioned = Zillow's / SAND etc but nothing comes up on IG.

Do I need to have a different platforms for these?

Until this week I've never shown any interest in cryptocurrencies but after reading of its huge swings lately, I'm thinking it's time I had a dabble.

Im very good at reading Japanese candles , like one of the other lads on this post it's my living.l

So what chart should I look at?

On IG I've got

crypto 10

Bitcoin /+ cash

Ether / bitcoin 

Litecoin 

EOS 

Stella 

Neo 

 

Let me know & I can let you know whether it's a long or short position etc.

 

 

 

 

 

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