https://insidebitcoins.com/news/dow-jones-near-bear-market-territory-why-white-house-failed-to-ease-investors/204589
Wednesday, December 26, 2018
Dow Jones Near Bear Market Territory, Why White House Failed to Ease Investors - Inside Bitcoins - News, Price, Events
https://insidebitcoins.com/news/dow-jones-near-bear-market-territory-why-white-house-failed-to-ease-investors/204589
Dow Jones Near Bear Market Territory, Why White House Failed to Ease Investors - Inside Bitcoins - News, Price, Events
https://insidebitcoins.com/news/dow-jones-near-bear-market-territory-why-white-house-failed-to-ease-investors/204589
[Daily Discussion] Wednesday, December 26, 2018
Thread topics include, but are not limited to:
- General discussion related to the day's events
- Technical analysis, trading ideas & strategies
- Quick questions that do not warrant a separate post
Thread guidelines:
- Be excellent to each other.
- Do not make posts outside of the daily thread for the topics mentioned above.
Other ways to interact:
- Get an invite to live chat on our Slack group
- Set your flair to trade pretend money in the Flair Game
- Weekly threads: Newbie Mondays and Fundamentals Fridays
[uncensored-r/BitcoinMarkets] Trading Tricks - when holding an open position (always)
The following post by imog is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/r/ BitcoinMarkets/comments/a9l8g1
The original post's content was as follows:
It's Christmas, so thought I'd share a tip that paid off for me last year... To the tune of around 20,000USD.
Always keep a ridiculous limit sell on the order book when holding an open crypto position. Always keep a ridiculous limit buy when holding a Fiat position.
Exceptional trading events are rare, and how they are honored varies by exchange and circumstances... However they aren't at all unheard of in the crytpo space. Many examples of huge momentary market movements historically, resulting from both technical glitches and monumental trader error.
In my personal example of where this strategy worked out to my favor, when BCH split form BTC, I ensured I had several BTC on GDAX (now pro.coinbase), so that I'd get easy access to tradable BCH once it became active on the platform. Eventually the BCH book came online, and I wasn't interested in holding BCH but I also wasn't ready to liquidate outright - so while I considered my best route to exit I put up a limit sell for around 5000USD. I forget what the market value of BCH was at the time, but it was WAY less than that.
Some of you know where this is going already. For the rest, GDAX had a technical glitch, BCH spiked to 9500USD for minutes before trading was halted and they sorted their shit out. Those trades were honored however, and my ridiculous limit sell of 5000USD filled... And I was thrilled. Like finding money in the couch.
I've been trading crypto for maybe five years, BTC directly and OKCoin Futures. I've seen these same sort of momentary events happen across multiple exchanges and markets... not often but it is a recurring issue. It can happen whether you are on the buy or sell side. Huge movements like this almost immediately self correct, so if you get lucky you are scooping up coins dirt cheap, or you are selling them at outrageous levels. And it's a quick flip for huge profits when you get lucky.
If Pornhub uses Mixin Network, it will be able to support payment by any cryptocurrency
Based on reports, we know the world’s largest porn video website PornHub has announced that it accepts payment by Verge (XVG), Tron (TRX) and ZenCash(ZEN), and it is expanding its payment options in cryptocurrencies.
What PornHub doesn’t know is that Mixin Network(XIN) can help it increase its support of 3 cryptocurrencies directly to more than 50,000 cryptocurrencies.
https://i.redd.it/dawksv1p0l621.png
What is Mixin Network?
Mixin Network is a new generation transaction network. I will explain this transaction network from 3 perspectives.
From the perspective of technology, Mixin Network uses UTXO, DAG, BFT, TEE and other technologies to achieve secure, private, free and instant transactions.
From the perspective of blockchain and cryptocurrency, Mixin Network provides lightning network service to all blockchain and allow crypto assets on every blockchain to achieve instant transaction. This solves the slow transaction problem faced by Bitcoin and Ethereum.
From the perspective of developers, businesses and organizations, Mixin Network provides a safe, private, free and instant transaction solution, and allows each product to get access to over 50,000 cryptocurrencies. For example, if PornHub uses Mixin Network, it will be able to accept payment in almost all cryptocurrencies.
View the imagination built on Mixin Network from the perspective of developers and businesses:
Currently there are quite a lot of projects based on Mixin Network under development. Mixin Network team itself developed a messenger based on Signal with full-cryptocurrency wallet called Mixin Messenger.
Although Mixin Messenger is a product, it is more like the front-end interface of Mixin Network and demonstrates the power of Mixin Network.
Mixin Messenger has a wallet which supports over 50,000 cryptocurrencies. It also has bots like other social network applications such as Slack, Telegram, Facebook, and others. Each bot will have a unique code starting with 7000 on Mixin Messenger.
Each bot is a product, with a single or multiple functions. It could also be independent from Mixin Messenger, involving games, exchange, shopping, ecommerce and other aspects.
For example, the simple bots which give red packets or push news are based on Mixin Messenger, such as Diceos. At the same time, Diceos can also exist outside of Mixin Messenger. However all transactions are based on Mixin Network and each transaction is traceable on Explorer.
The advantage of Mixin Network is not only on internet products, it can even allow vending machines, POS, ATM, and others to support cryptocurrency payment.
https://i.redd.it/zgorm27w0l621.png
In the future, when you walk down the street, you will see the signs of “Bitcoin Accepted Here” replaced by “All Cryptocurrencies Accepted Here”.
If you are a developer, hurry up and join Mixin’s online developer competition. Let the era of “All Cryptocurrencies Accepted Here” come sooner!
[Daily Discussion] Wednesday, December 26, 2018
Thread topics include, but are not limited to:
- General discussion related to the day's events
- Technical analysis, trading ideas & strategies
- Quick questions that do not warrant a separate post
Thread guidelines:
- Be excellent to each other.
- Do not make posts outside of the daily thread for the topics mentioned above.
Other ways to interact:
- Get an invite to live chat on our Slack group
- Set your flair to trade pretend money in the Flair Game
- Weekly threads: Newbie Mondays and Fundamentals Fridays
Subscribe to:
Posts (Atom)