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  1. HolyGrailSeeker

    Most Bitcoin Trading Faked by Unregulated Exchanges, Study Finds

    Fake volume is still volume just that the bots are from the exchanges and trade between themselves. It gives the lower cap coin liquidity so its not a bad thing.
  2. HolyGrailSeeker

    Most Bitcoin Trading Faked by Unregulated Exchanges, Study Finds

    Gresham's law, bad money will chase good money out of circulation. Thus, bitcoin will by nature of people hodling increase in value over a long period of time.
  3. HolyGrailSeeker

    Most Bitcoin Trading Faked by Unregulated Exchanges, Study Finds

    Whether you believe it anot it has the potential to replace fiat. There are people using bitcoin for payments, ive done it before too and its much better than going through a third party.
  4. HolyGrailSeeker

    Most Bitcoin Trading Faked by Unregulated Exchanges, Study Finds

    This is not a secret. If you trade you know most are controlled by bots.
  5. HolyGrailSeeker

    Tired of always winning

    Its actually true that once you "get it" trading becomes incredibly easy. Hard part for most people is to deal with the swings and emotions. But more than a decade of playing poker has hone my ability to totally remove emotions. In fact, I find the learning curve for poker is even higher than...
  6. HolyGrailSeeker

    Need Advice on A Position (Major Loser) Dollar-Cost Average?

    From a technical standpoint. Theres an old adage, don't ever average your losers. I do not use fundamentals. But from an investor standpoint buying shares cheap is contraian method and will work in the very long run. Only downside is how long? Could be several years or decades before you get...
  7. HolyGrailSeeker

    Trading Crypto

    True. But if you don't trade you can't maximize profits. If one wants to be cautious but still trade, one can set up a certain comfortable amount (Say 5k) on the exchange, any excess profits at an end of the period will be send to a bitcoin cold wallet. If your balance is below 5k don't top up...
  8. HolyGrailSeeker

    Trading Crypto

    Binance is the market leader of exchanges. They have a wide variety of alts and high volume. But firstly, you need a fiat onramp to buy bitcoin before you can transfer your bitcoin to binance for trading.
  9. HolyGrailSeeker

    Anyone use anything else than time based charts for day trading?

    It isn't only me that feels volume is important. Most of the best traders in the world share the same sentiment. But ultimately trading has many ways to it and can also be profitable if the underlying method is sound. Maybe yours is to actively watch DOM and look at the speed of buy/sells on...
  10. HolyGrailSeeker

    Anyone use anything else than time based charts for day trading?

    I disagree with your view in saying volume is not important. You may have found a way to make money using just price action solely but I think looking at volume charts is a good factor to consider. A green volume bar followed by another higher green volume bar would indicate buyer interest...
  11. HolyGrailSeeker

    Bitcoin is dead...

    You cannot have upside without downside as nothing moves in a straight line. So if you are very risk averse just use cash to pay. As to why other people would pay using bitcoin. Well, I would, its another form of payment. Also, If bitcoin does becomes adopted and its market cap is in the...
  12. HolyGrailSeeker

    Bitcoin is dead...

    Yes, I answered with logic. Bitcoin has an upside bias and its purchasing power increases with time while fiat is the opposite. What exactly can't you understand? You don't have to put 16k into bitcoin to buy a cup of coffee. You just buy enough btc to pay for your coffee. As for regulations...
  13. HolyGrailSeeker

    Bitcoin is dead...

    Are you really going to overlook that btc has an upside bias? The swings are more likely to go UPWARDS. Just don't buy during a mania period. And yeah, you rather use fiat which value will deteroriate and eventually go to zero?
  14. HolyGrailSeeker

    Tired of always winning

    Stock markets have been bullish last 10 years.
  15. HolyGrailSeeker

    Bitcoin is dead...

    You need volatility for prices to move. At the start of a low market cap asset the volatilty will be the greatest and taper off as it becomes bigger. Amazon is many times its ipo price, so we can call it one of the best stocks in terms of returns but its volatility is smaller compared to other...
  16. HolyGrailSeeker

    Bitcoin is dead...

    There is some risk now. But prices can go both upside and downside and you more than likely will see gains giving its long term upwards price trend. You do not have to convert all your life savings to bitcoin. Maybe just $50-$200 to a bitcoin wallet for spending and top up when appropriate. So...
  17. HolyGrailSeeker

    Bitcoin is dead...

    If bitcoin gets adopted and its market share is in the trillions it will be way less volatile. As to why people would buy bitcoin is because it is the best returning asset in history, and they see in appreciating even more as crypto and cashless payments get integrated into society. Right now...
  18. HolyGrailSeeker

    Good opportunities to invest with Bitcoin

    Its good opportunity to invest in bitcoin. But like what others say it is speculative but returns are better than stocks. Have a plan, don't blindly HODL and you will be fine.
  19. HolyGrailSeeker

    Bitcoin is dead...

    Bitcoin far from dead. Starbucks will be accepting bitcoin indirectly through Bakkt probably end of this year. Samsung Galaxy S10 will have a cryptocurrency wallet which most likely will allow to store bitcoin and a few other cryptocurrencies.
  20. HolyGrailSeeker

    Bitcoin is dead...

    My opinion is that cryptocurrencies will eventually totally replace fiat in my lifetime. BTC or something similar would be worth millions by then.
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