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8023125 No.8023125 [Reply] [Original]

Rule 1: all coins/tokens, without exception, are shit coins/tokens, some shit coins/tokens perform better than other shit coins/tokens
Rule 2: crypto market is an oligopoly, there is little to no organic growth, it is all manipulated
Rule 3: never margin trade, never borrow money to invest into crypto
Rule 4: new money (You) buying into crypto is seen as dumb money to be taken advantage of, do not let them
Rule 5: limit order buy right after the end of a market crash or after the end of a downtrend
Rule 6: do not hodl, use trailing stop orders to sell, preventing your bags from going down with the market
Rule 7: only hodl if you are significantly under the price you bought in, it is mostly better to cut loses early than hodling into oblivion
Rule 8: buy back under the price you sold for (Rule 5) and set a new trailing stop order (Rule 6)
Rule 9: do not ask others to tell you when it is a good time to buy or sell, or what you should buy or sell

Realize you are speculating into a monopolized market. You are not some anti bankster-establishment revolutionary, you are a gambler.

Current uptrend, started after the 20k ATH crash, is artificial. Price increased due to wash trading and FOMO buys, it can all go down very fast.

>> No.8023787

>>8023125
Too bad only place I know that offters trailing stops is Bitfinex. It's fucking ridiculous how almost no exchanges have them

>> No.8023879
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8023879

Terrible advices go back to plebbit and kys

>> No.8023935

>>8023787

bitstamp also has trailing stops

>> No.8024089

>>8023787
you can connect binance api with 3commas and use trailing stops, but the service isnt free.

>> No.8024229

>>8023787
>>8023935
Yeah forgot about that... why only shit exchanges offer trailing stops?
Would love to see trailing stops on Binance, Cryptopia or some exchange that offers USDT pairs. Also been bugging Coinigy to implement this feature but no luck so far.

>>8024089
No good, the service fees are pure extortion. 0.25% for each fucking trade. If you use it for scalping / day trading they'll eat up all your profits. With those fees I honestly don't see much of a point in this service

>> No.8024861

>>8024229

more/better features = higher the fees, esp if there is not much competition

>> No.8025018

>>8024861
I get it, but still, at a 0.25% fee per trade (plus the exchange fee) it's just not worth it no matter how you look at it. Better to just hold and set a stop loss at the exchange.
Coinigy is saying that trailing stop losses is a planned feature for 2018 but no dates given. It's my only hope

>> No.8025266
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8025266

>>8023879
this

>> No.8025335 [DELETED] 

>>8023879
>>8025266
>still thinks that biz gives better advice than reddit
>inb4 you have to go back
>already there, making way more money than from the shitty memes here