Crypto Timing

Discussion in 'Digital Currencies' started by Golden ChipMunk, Dec 3, 2021.

  1. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    All coins are moving the same direction of BTC. There are always in some sort of cycle of movement.
    i.e The indication is when BTC move up or down.

    When are better time jumping from coin to coin???
    1. One must have more than one type of coins.
    2. One must have some sort of capital. ( crypto's capital )
    3. Must be patience even there is mistake make.
    4. Be able to predict the movement.
    5. Able to do your own charting.

    disclaimer: Advice is not for financial gaining and do it at your own risks.

    If someone ( unknown ) offer you anything too good to be true , it is most likely to be Scam.
    Avoid scams and bad investments by doing some safety checks before you hand over your money. It can save you a lot of worry and money later on.
     
  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Screen Shot 2021-12-04 at 7.10.34 am.png

    Screen Shot 2021-12-04 at 7.11.03 am.png
     
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  3. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Many coins are likely to follow BTC trend.
    Their Ratio from coin to coin is about the same more or less.
    Sometimes there are greater ratio between coins. ( here is when you swap to another coin of your pick. )

    1. One must use their own Index ( Base coin for exchanges )

    Let's say
    1000 X coin can convert into 1200 Y coin , previously.
    and now 1000 X convert into 1400 Y coin now

    then you will obtain 200 more Y coin , in difference.

    but beware of the fuel/gases and exchanges fees.
     
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  4. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    All coins are moving the same direction of BTC. There are always in some sort of cycle of movement.
    i.e The indication is when BTC move up or down.


    You have lost me
    Need you to explain
    My portfolio doesn't reflect that, it shows different sectors in the Ecosystem performing independently of each other sector.
     
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  5. PMCollector

    PMCollector Well-Known Member

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    Wow... I'd be interested in learning more on point 4.
     
  6. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    It all depending on how you do it.... and the category you are in... with your portfolio....

    A. Are you a crypto's Miner?

    B. Are you just a investors? Buy and leave them coins in longer term.

    C. Are you a Trader?
    C1. A trader that invest in speculation.
    C2. A trader that trade with Long and short positions.

    What I am saying , is by trading one can also earning ( can decrease ) different types of coins.
    One do not need to stake theirs coin in order to get more as an income.
    Can gain more coins by trading. Hence: Must able to know the crypto's timing.
     
  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Also need to consider what your marginal tax rate is and whether you’d be better off hodling or trading
     
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  8. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Excellent point Tax obligations & Exit strategies are very much ignored by lots of people in the space outside of SS and strategies to address the two are so important.
     
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  9. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Not a miner, but I can tick yes to Value Trader,Speculative Trader,Long & Short position trader.
    I am still not sure whether you are teaching me a complicated concept I can't follow or are reiterating a basic trading philosophy to make money.
    I understand so we are clear that
    • I can stake to make extra money by receiving my Staking rewards in either the native staked token,Other selected Token or Fiat
    • I can leverage my Crypto portfolio by borrowing against my assets to increase my position by buying more assets and repeating the cycle until my LVR is maxed out.
    • I can invest in Blue Chip Crypto's,Red Chip Cryptos,The masses and then complete Dog shit
    • I can invest my funds across the different ecosystem sectors to both cover emerging markets and also hedge against each markets volatility and different Movement timing points.
    • DCA if the stats are correct is still a superior strategy to actively trading crypto's and on that if I look back at all my trades across all my accounts even where they looked like genius moves I still lost out in the long term through price appreciation of the sold Asset.But I also understand that you cant lose taking profits.
    So I don't fully understand and I believe at least in the Realm of analysts I listen to that no one (EDITED) can predict the timing of the market with certainty.So on that point can you further explain how you know crypto's timing because, I am ready to make money.
     
    Last edited: Dec 4, 2021
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  10. PMCollector

    PMCollector Well-Known Member

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    the level of trolling too high, cant tell who is serious anymore lol
     
  11. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Not teaching anyone.
    Some maybe superior like you and knowing that you can gaining thru Stacking.
    I didn't said every time one can make??? It is all doing with timing when the timing favor and there are ratio one can make.
    The factor are the favor in the ratio for different type of coins.
    The more types of coins the better chances to achieve them.
     
  12. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Chip I edited the above in bold to make that one point clear, to no one
    That may change your response.
    Not superior in gaining with stacking (I assume you meant stacking PM's and not staking crypto's) just a lot of trading experience and you learn by listening to others and making many mistakes along the way
    I didn't say every time one can make either, but I assume we all enter trades to make money.
    Chip I gather that English is not your native language and I respect that you have such a high grasp of its intricacies so I am asking for an explanation on how you execute your trading strategy in case something has been lost in the translation.
    Take me through it step by step
    @PM Collector and no I am not wasting my time trolling more the 10th man possibility that Chip may have an analysis method that could benefit me and others
     
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  13. PMCollector

    PMCollector Well-Known Member

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    lol love it... have fun guys :)
     
  14. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    I have done many experiments @REDBACK , If one can lose , also one can also gaining.
    We are all here to make $$$. Who really want to lose $$$ by the way??? :rolleyes:

    My explanation is that if one can follow the crypto timing and there is a chance to make $$$.
    As I do not put crypto as such in dollar term but in volume term.

    There are thing like Volume ( quantity ) so there are opportunity to make as many coins as possible.
    In correlation to that there are such chances to increase $$$ in return.

    I am not a guru in crypto but just sharing what my finding and experience.
     
  15. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Sure
    All good ;)
    I understand now.
    Cheers Chip
    Regards
    RB
     
  16. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    another cycle again.
    happened
     
  17. crewy

    crewy Active Member

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    Looks to be a good time now to pick up some top crypto coins (BTC/MATIC/LUNA/SOL/ALGO/ADA etc.)?
     
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  18. Ivykoin

    Ivykoin Active Member Silver Stacker

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    While BTC is below its 20 moving averages, alts getting smashed against BTC and bleeding against ETH. Buying alts at this stage is ok as long as you understand the risks. One stadegy is to DCA BTC and ETH and flip that later to alts when the setup presents itself.
     
  19. Polar.bear.Stacker

    Polar.bear.Stacker Active Member

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    I'm buying alts now to flip later. If it's an actual bear market I'm screwed
     
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  20. precious roar

    precious roar Active Member

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    May not be a bear market but I'm still not buying at these levels.
     

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