QUOTE(ate @ Jun 2 2017, 03:31 PM)
How much already??Bitcoin and other Cryptocurrencies v2
Bitcoin and other Cryptocurrencies v2
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Jun 2 2017, 03:40 PM
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All Stars
15,192 posts Joined: Oct 2004 |
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Jun 2 2017, 03:42 PM
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285 posts Joined: Jun 2012 From: Kuala Lumpur |
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Jun 2 2017, 03:43 PM
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Junior Member
285 posts Joined: Jun 2012 From: Kuala Lumpur |
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Jun 2 2017, 03:52 PM
Show posts by this member only | IPv6 | Post
#4224
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629 posts Joined: Mar 2010 |
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Jun 2 2017, 04:33 PM
Show posts by this member only | IPv6 | Post
#4225
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57 posts Joined: Nov 2004 |
Hi guys.
Just started trading yesterday and made a teenee weenee profit. Anyway, a curious thought crossed my mind. I think this event is going to come (a few weeks, months, years, who knows) and I was wondering what did the stock market look like during a recession? How do you think a recession will affect the world of cryptocurrency? What do you think, sifus? |
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Jun 2 2017, 05:17 PM
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221 posts Joined: May 2017 |
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Jun 2 2017, 05:21 PM
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Junior Member
285 posts Joined: Jun 2012 From: Kuala Lumpur |
QUOTE(hjffgjng @ Jun 2 2017, 05:17 PM) transfer it from whatever account (exchange <default> or lending) to margin tradingyou can trade up to 2.5x of the deposited amount if i'm not mistaken the minimum you have to trade on margin trading is 0.02 btc, so 0.02000001 btc or smth like that this goes for both long or short and don't forget for margin trading, you'll be charged like 2% interest for the amounts you "borrowed" when u do margin trading you can read more about margin trading here This post has been edited by x3Kai: Jun 2 2017, 05:21 PM |
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Jun 2 2017, 05:28 PM
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221 posts Joined: May 2017 |
QUOTE(x3Kai @ Jun 2 2017, 05:21 PM) you can trade up to 2.5x of the deposited amount if i'm not mistaken i dun understand what u just wrotethe minimum you have to trade on margin trading is 0.02 btc, so 0.02000001 btc or smth like that this goes for both long or short and don't forget for margin trading, you'll be charged like 2% interest for the amounts you "borrowed" when u do margin trading you can read more about margin trading here what the hell is margin trading QUOTE(x3Kai @ Jun 2 2017, 05:21 PM) trade???so no different than exchanges? |
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Jun 2 2017, 05:38 PM
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1,330 posts Joined: Feb 2011 |
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Jun 2 2017, 05:41 PM
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221 posts Joined: May 2017 |
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Jun 2 2017, 06:02 PM
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3,291 posts Joined: Jan 2005 From: Nowhere Everywhere |
untouchable - Since you PMed me, thought I'd reply here for the benefit of those who might have the same questions.
Disclaimer: I am not interested in Tezos and will not be funding for their ICO. The below post assumes that you have some experience dealing with Bitcoin/Ethereum/altcoins. QUOTE For ICOs what would be the mode of transaction to get the ICO? is it BTC? ETH? or can we use a currency for it (eg. USD, EURO etc.)? It depends. Most accept Bitcoin/Ethereum, some accept altcoin/fiat. You'll need to check out their page or read/ask on one of their communication channels (usually Slack/Telegram). QUOTE What are your views on ICOs apart from Tezos. Appreciate your views on Tezos as well. ICOs are a nice way to gain quick funding to launch innovations, not dissimilar to Kickstarter/Indiegogo. From an investment perspective, it is extremely risky - Just like how products on Kickstarter/Indiegogo may fail to be delivered on time/entirely fail. This space is unregulated at this time (and there are debates on both sides whether to this should be regulated), so be aware of the risks. Study the whitepaper, the community, the developers. Know as much as possible about the project, and better still if you are actually familiar with it (so to see weak spots unaddressed via the whitepaper/by the devs). Invest only if you are comfortable, do not consider returns, and think of this as donations to young, brilliant minds to start up something which could potentially change the world for the better. That said, ICOs had historically seen decent returns, as this market is highly speculative. ICOs do not necessarily guarantee portfolio returns - e.g. - The scenario where ether increased in price so much that the price of the tokens released by ICOs do not catch up. In that case it would just be better to hold ether for that duration. Personally I allocate only a small portion of my cryptocurrencies in ICOs, and only put money into projects I personally am interested in. |
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Jun 2 2017, 06:10 PM
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Senior Member
1,683 posts Joined: Dec 2011 |
QUOTE(hjffgjng @ Jun 2 2017, 05:17 PM) QUOTE(hjffgjng @ Jun 2 2017, 05:41 PM) ok both of youam not master nor expert in margin trading at polo, just my experience : Dummy 0.000001 XRP for you Price : Amount : Loan Rate : Total : So, you have this margin which either buy/sell For buy, it means you are buying the trade to go "Long", which mean to go up above the price you lock in. Whenever you place the trade, you could see amount as i put the screenshot. So, the Price : you choose to put what are the price you lock in, Amount : is total how much you want to place the trade margin ( it will show you the total amount available for you to trade margin ) Loan rate : basically you are borrowing from other, you choose choose your own rate to offer, from 0.001 to even 100.00 Total : it will show you the total amount of margin you have place, which converted into btc unit. For Sell, same principle as buy, but for sell means you are selling the trade to go "short" , which means to go down below the price you lock in. Above is to show you, once you are lock in the margin trade, it will show you how much total of profit/loss. You can see the unrealized Profit/Loss = which mean the amount of profit / loss before the lending fee. You also can see the margin trade 20% - 40% = this is very important, in the event you are losing money, the amount of fund in your margin trade dropped to below 20%, all your trade will be automatically liquidated , which mean the Polo will do a Force sell your holding when your fund drop to 0%. You will receive notification email from Polo saying your fund currently only can hold another 20%, which ask you to top up fund, by transferring into margin call to support it ( if you believe you will bounce back else cut lose ) So remember, if you transfer 1 BTC to margin, you will have 2.5 BTC to trade in margin tips : for loan rate, you can check at the lending , see what are the offer most updated available by ppl, normally if you want your trade faster to be lock in, it will be 0.01% or 0.1% , but if you put 0.001% it will take some time... So, this is just some dummy guide 0.000001 XRP for you all. |
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Jun 2 2017, 06:14 PM
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Junior Member
914 posts Joined: Mar 2011 |
Hi guys... I got some btc for sale
Will make a thread later... If interested, feel free to pm me This post has been edited by rickyro: Jun 2 2017, 06:20 PM |
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Jun 2 2017, 06:19 PM
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415 posts Joined: Sep 2006 |
QUOTE(Enigmatic @ Jun 2 2017, 06:02 PM) untouchable - Since you PMed me, thought I'd reply here for the benefit of those who might have the same questions. Thanks so much for the insights! @EnigmaticDisclaimer: I am not interested in Tezos and will not be funding for their ICO. The below post assumes that you have some experience dealing with Bitcoin/Ethereum/altcoins. It depends. Most accept Bitcoin/Ethereum, some accept altcoin/fiat. You'll need to check out their page or read/ask on one of their communication channels (usually Slack/Telegram). ICOs are a nice way to gain quick funding to launch innovations, not dissimilar to Kickstarter/Indiegogo. From an investment perspective, it is extremely risky - Just like how products on Kickstarter/Indiegogo may fail to be delivered on time/entirely fail. This space is unregulated at this time (and there are debates on both sides whether to this should be regulated), so be aware of the risks. Study the whitepaper, the community, the developers. Know as much as possible about the project, and better still if you are actually familiar with it (so to see weak spots unaddressed via the whitepaper/by the devs). Invest only if you are comfortable, do not consider returns, and think of this as donations to young, brilliant minds to start up something which could potentially change the world for the better. That said, ICOs had historically seen decent returns, as this market is highly speculative. ICOs do not necessarily guarantee portfolio returns - e.g. - The scenario where ether increased in price so much that the price of the tokens released by ICOs do not catch up. In that case it would just be better to hold ether for that duration. Personally I allocate only a small portion of my cryptocurrencies in ICOs, and only put money into projects I personally am interested in. What ICOs are you looking at then if you don't mind me asking |
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Jun 2 2017, 06:22 PM
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Junior Member
221 posts Joined: May 2017 |
QUOTE(blueblueoutofblue @ Jun 2 2017, 06:10 PM) ok both of you thank you,i understand few words nowam not master nor expert in margin trading at polo, just my experience : Dummy 0.000001 XRP for you Price : Amount : Loan Rate : Total : So, you have this margin which either buy/sell For buy, it means you are buying the trade to go "Long", which mean to go up above the price you lock in. Whenever you place the trade, you could see amount as i put the screenshot. So, the Price : you choose to put what are the price you lock in, Amount : is total how much you want to place the trade margin ( it will show you the total amount available for you to trade margin ) Loan rate : basically you are borrowing from other, you choose choose your own rate to offer, from 0.001 to even 100.00 Total : it will show you the total amount of margin you have place, which converted into btc unit. For Sell, same principle as buy, but for sell means you are selling the trade to go "short" , which means to go down below the price you lock in. Above is to show you, once you are lock in the margin trade, it will show you how much total of profit/loss. You can see the unrealized Profit/Loss = which mean the amount of profit / loss before the lending fee. You also can see the margin trade 20% - 40% = this is very important, in the event you are losing money, the amount of fund in your margin trade dropped to below 20%, all your trade will be automatically liquidated , which mean the Polo will do a Force sell your holding when your fund drop to 0%. You will receive notification email from Polo saying your fund currently only can hold another 20%, which ask you to top up fund, by transferring into margin call to support it ( if you believe you will bounce back else cut lose ) So remember, if you transfer 1 BTC to margin, you will have 2.5 BTC to trade in margin tips : for loan rate, you can check at the lending , see what are the offer most updated available by ppl, normally if you want your trade faster to be lock in, it will be 0.01% or 0.1% , but if you put 0.001% it will take some time... So, this is just some dummy guide 0.000001 XRP for you all. u ever play this?? |
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Jun 2 2017, 06:26 PM
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1,683 posts Joined: Dec 2011 |
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Jun 2 2017, 06:27 PM
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Senior Member
3,291 posts Joined: Jan 2005 From: Nowhere Everywhere |
QUOTE(untouchable @ Jun 2 2017, 06:19 PM) Thanks so much for the insights! @Enigmatic I have some stake in Mona.co which is still ongoing, albeit it now has a slightly lower reward bracket.What ICOs are you looking at then if you don't mind me asking Looking at TenX and Bancor as well, since all these have practical uses for me. |
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Jun 2 2017, 06:28 PM
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221 posts Joined: May 2017 |
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Jun 2 2017, 06:38 PM
Show posts by this member only | IPv6 | Post
#4239
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Junior Member
439 posts Joined: Aug 2008 |
2017-06-02 08:23:41 Sell 0.00001124 1997.00000000 0.02244628
2017-05-27 12:34:47 Buy 0.00000500 2000.00000000 0.01000000 my digibyte.100% profit in few days |
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Jun 2 2017, 06:46 PM
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Senior Member
689 posts Joined: Apr 2012 |
QUOTE(Enigmatic @ Jun 2 2017, 06:27 PM) I have some stake in Mona.co which is still ongoing, albeit it now has a slightly lower reward bracket. Monaco have paid so much for google ads. It's always on my web Looking at TenX and Bancor as well, since all these have practical uses for me. QUOTE(bb.supplements @ Jun 2 2017, 06:38 PM) 2017-06-02 08:23:41 Sell 0.00001124 1997.00000000 0.02244628 Wow. I sold mine at 500+ sats didn't expect them to moon so quickly. Now imagine if you had 100BTC. You'd have 224BTC by now 2017-05-27 12:34:47 Buy 0.00000500 2000.00000000 0.01000000 my digibyte.100% profit in few days |
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