Message from Daniebees in Willem Petzer Live Chat #crypto-stories
I still dont understand why Shitcoin is a thing. I understand blockchain technology but intutively Crypto seems like a ponzi scheme. Does anybody have a link to Bitcoin for dummies or something similar for me?
Will be about 10 left in the end
I dont know I got very apprehensive about it when normies started losing their minds about it.
The markets have been slow and really down the last few months. And people loosing money, because people they put in money at the wrong time. Wait till the market is at its lowest for what you can see on the chart then cash in with some indicators that it should go up long term or short term.
I work on Moving Averages, Fibonacci in mid-short term. and most of the time with success.. I also take losses...
RSI good indicator for day trading
Yeah most def.
ek het al gedink tech analysis kan basies enigiets wees solank jy net consistent bly in you methods en risk manage.
danie, waat gaan aan? ek hoor mense dump nou alt coins vir btc oor die nuwe etf storie?
wonder of ons 'n massive rally gaan sien weer...
oops i should probably speak english here...
If you guys are interested in Crypto stuff join my discord channel lot of friendly traders that will help you
Get your bitmex accounts ready almost time to long at x10 https://www.bitmex.com/register/vB3dvX
wanneer gan jy long? maandag?
of op 7800
ek gaan long op 7500
yes ek dink Maandag
this is why I love Trump he appoints people that wants to make Bitcoin great again https://twitter.com/HesterPeirce/status/1022601549309198337
hoop nie die is die begin van die rally nie
With @Daniebees and the other guy from I think NZ I had a good talk here about Bitcoin.
I think I understand it better now and would appreciate correcting my understanding below:
Bitcoin is a type of IP, which can't be copied. Each coin is unique. The coins are generated using an algorism. Each time a coin is generated it takes more computer power to generate the new coin. There is a limit to the amount of coins that can be generated. People value it because of its underlying technology blockchain, which make peer-to-peer transactions possible thus avoiding 3rd parties that can take money from you. The value of the coin depends supply and demand.
The Blockchain system can be used apart from Bitcoin to make transactions between two people using any commodity. I am more at ease with this idea. See: https://mises.org/library/how-blockchain-and-gold-can-work-together
nice drop back to 7800
but i'm still not long
Ripple Long Term => 800 -1200 %, Stellar Long Term => 400%
Added an extra 10k today into ripple and stellar. Holding long term. No more short term trades on them. Good luck everyone...
Lots of alts on sale today...
Wouldnt touch ALTs for another month
quite risky atm yes, seems to dump whether bitcoin goes up or down, btc sideways also not fuelling alts as previously
can change quickly though