Still not selling ETH, i did some shorting along the way and waite fot ETC pump to buy cheaper ETH again but pumps are not happening anymore, looks like ETC is dying as i was sure it will.
http://prntscr.com/c1i85hIt's so sad to take money into wallet and stop trading but if Bitfinex, MtGox and Coinbase got hacked, it's only a matter of time till Poloniex gets hacked as well. Just cant risk to lose all the money that way. This is why cryptos are not mainstream, people want a guarantee on their money.
I think it's a huge difference between forex and crypto, but i'll have to try. On cryptos it's easy to track news, for example i know MAID safe is on testnet 7 or 8 and i know it's price will explode prior release. MAID team is so close to banking it finally that i don't think anything badly can happen to it. So this bet is pretty tight, i don't think you can have so sure bet in forex, or can you?!
Key is to hunt for panic sells, huge dips, but on crypto you have this extra ensurance that you know for example MAID will do it's thing if you miss the timing on one dip you don't care, you simply wait till it goes up again.
Well, good luck with Forex. Make sure that you open account with a right broker. There is a 2 types of brokers. with one of them your trading NEVER will be a succesfull, it is called Dealing desk. DD is s company which making money from every deposit which you transfer to them. The second one is broker with real ECN account, they will provide you access to real market.
How to know is it DD or real broker?
Real broker:
-only bank or credit card transfer
-acc starts from 3000$
-commision for every trade (NOT spread!)
-serious verification like your id, residence certificate, proof of your income
Dealing desk:
-transfer money anyway you can - webmmoney, paypal, etc
-acc starts from 10$
-no comm for trade, only spread
-fast and easy verification...just your email is fine
)
I know only 2 real brokers - FXCM (3000$ minimum) and Interactive brokers (10000$ minimum).
Take care
