Author

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 760. (Read 2985369 times)

sr. member
Activity: 289
Merit: 250
Don't waste energy in buying and selling for a small profit on this hot weather.
Buy and sleep!
When you wake up, you will find you've got 1000% profit. Wink
legendary
Activity: 1498
Merit: 1000
@rtrtcrypto
You say I got burned? When and how? (trading wise)

Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:

1) Stop loss
2) No margin or small leverage

Like I said, risk management..

Although I agree with what you say in the post above, I must say that I don't agree with you in general. (leverage is evil and I'd advise anyone to be cautious after sudden changes in price)
The thing here, is that you assume everyone is only interested in getting more BTC from trading altcoins. If you knew the NEM community you would take into consideration that we are actually only interested in long term gains.

Therefore my risk management is :

Keeping my XEM in my wallets and hold them there untill I can really start using them in stead of dumping on exchange for bargain prices :-)

Let's be fair here , you are promoting day trading while you seem to be insensitive for the fact that lots of people are not interested in those practices.

Do you know how many people we've seen here that thought that they were selling during a high with the expectation to buy when XEM was on a retrace (or whatever daytraders call it) ?
Lot's of people have burned their hands while trying to achieve some additional gains. It may very well be that you are a master trader that has a system to prevent you from missing out on these spikes but there are some facts that you are missing here.

First of all, the reason why so little people have been paying attention to NEM is because we have never been interested in hyping NEM to traders. Nothing good will come from that in the long run anyway.
Getting attention from people that are in it for the long run and are actually interested in NEM's technology is the only thing that counts.
So although we may have gotten some daytrader attention now, I'm sure some new long term hodlers have discovered NEM in the last couple of weeks.
Ever wondered why so little people are dumping after a surge like that Huh
Second thing. Lots of developments are going on behind the scenes.

Do you have any trading system/indicator that can predict the impact of the above mentioned things?


I may be wrong in not taking a profit here and there after a huge spike but at least I don't have to worry missing the train when it's leaving for the next station.


The reason I'm replying to your posts is mainly because I don't want newbie investors to listen too much to all that daytrading wisdom. It will only harm them in the long run IMO. As long as it's not daytrading that dictates the price of XEM your analysis will only get you this far, but may just as well force other people to make bad decisions for themself in the long run.


My advice to anyone interested in NEM:

1. Take your time to research what this NEM thing is all about
2. If you want to be a day trader , feel free to do so but don't forget lots of people are only losing money on it.
3. If you chose not to become a daytrader then don't let sudden price fluctuations affect your mood, don't panic sell and don't FOMO buy!
4. Enjoy the ride! Everything in life has its ups and downs. And it's the downs that separate the boys from the men (or girls from the women if you like  Wink )



Will read this later, markets are moving like crazy today! (Come to daddy Sia Wink )
full member
Activity: 169
Merit: 100
Those who haven't yet, please vote for NEM.

https://twitter.com/ProjectInvesd/status/747085082482057216

We need everyone's vote. This is being heavily spammed on Waves' slack too.
BUMP

Please vote, Waves almost caught us!
sr. member
Activity: 258
Merit: 250
DRAMA: Dumb Retards Asking More Attention
@rtrtcrypto
You say I got burned? When and how? (trading wise)

Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:

1) Stop loss
2) No margin or small leverage

Like I said, risk management..

Although I agree with what you say in the post above, I must say that I don't agree with you in general. (leverage is evil and I'd advise anyone to be cautious after sudden changes in price)
The thing here, is that you assume everyone is only interested in getting more BTC from trading altcoins. If you knew the NEM community you would take into consideration that we are actually only interested in long term gains.

Therefore my risk management is :

Keeping my XEM in my wallets and hold them there untill I can really start using them in stead of dumping on exchange for bargain prices :-)

Let's be fair here , you are promoting day trading while you seem to be insensitive for the fact that lots of people are not interested in those practices.

Do you know how many people we've seen here that thought that they were selling during a high with the expectation to buy when XEM was on a retrace (or whatever daytraders call it) ?
Lot's of people have burned their hands while trying to achieve some additional gains. It may very well be that you are a master trader that has a system to prevent you from missing out on these spikes but there are some facts that you are missing here.

First of all, the reason why so little people have been paying attention to NEM is because we have never been interested in hyping NEM to traders. Nothing good will come from that in the long run anyway.
Getting attention from people that are in it for the long run and are actually interested in NEM's technology is the only thing that counts.
So although we may have gotten some daytrader attention now, I'm sure some new long term hodlers have discovered NEM in the last couple of weeks.
Ever wondered why so little people are dumping after a surge like that Huh
Second thing. Lots of developments are going on behind the scenes.

Do you have any trading system/indicator that can predict the impact of the above mentioned things?


I may be wrong in not taking a profit here and there after a huge spike but at least I don't have to worry missing the train when it's leaving for the next station.


The reason I'm replying to your posts is mainly because I don't want newbie investors to listen too much to all that daytrading wisdom. It will only harm them in the long run IMO. As long as it's not daytrading that dictates the price of XEM your analysis will only get you this far, but may just as well force other people to make bad decisions for themself in the long run.


My advice to anyone interested in NEM:

1. Take your time to research what this NEM thing is all about
2. If you want to be a day trader , feel free to do so but don't forget lots of people are only losing money on it.
3. If you chose not to become a daytrader then don't let sudden price fluctuations affect your mood, don't panic sell and don't FOMO buy!
4. Enjoy the ride! Everything in life has its ups and downs. And it's the downs that separate the boys from the men (or girls from the women if you like  Wink )


legendary
Activity: 1120
Merit: 1000
sooo happy that i bought this a few days ago  Grin  Grin  Grin  Grin
member
Activity: 97
Merit: 10
Why are people selling just below 2k satoshi?

When they hold a little and buy they can profit lots more.
hero member
Activity: 802
Merit: 501
Omg, XEM is exploding:D
legendary
Activity: 2408
Merit: 1004
XEM HAD THE BEST BLOCKCHAIN TECHONOLOGY

WHEN HIT ZAIF THE BIGGEST JAPAN EXCHANGE

we hit 2000-3000 satoshi

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
newbie
Activity: 12
Merit: 0
legendary
Activity: 1498
Merit: 1000


Looks promising.

Bought with some...
member
Activity: 97
Merit: 10
Flirting with a new breakout!

Pepper your angus?

I'm ready for that 10k
legendary
Activity: 1498
Merit: 1000
Flirting with a new breakout!

Pepper your angus?
hero member
Activity: 802
Merit: 501
So what do you say, XEM will fall in a short period of time? And after the fall, a new high will arise?
legendary
Activity: 1498
Merit: 1000
We live and learn  Grin
We all make mistakes and there will be more  Tongue
Let's just stay solvent.  Cool

See you in 2020, curious for that year, mostly.

I don't think I said you GOT burned, I'm saying an attitude that you are somehow able to see the market as clearly as you imply will most likely lead to you getting burnt.

I say that because I see you getting more and more confident. I'm extrapolating that over time you will risk more and more as you become more and more sure of yourself. Thus the warning to not drink your own kool-aid THAT hard. But, you are your own man, do as you please. I'm curious to see how it plays out.



@rtrtcrypto
You say I got burned? When and how? (trading wise)

Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:

1) Stop loss
2) No margin or small leverage

Like I said, risk management..
My biggest 'burn' so far was before P&F when the hacker returned me $200k, the price was 650$ (summer 2014) and I kept watching them losing value and panicked sold the f@ckin bottom at 275$ (bearwhale at Stamp)!!! lol

That teached me an expensive lesson Wink
Why 2020?

In order not to derail the thread, here is the XEM sexy buy zone, in case it dumps (classical Fibonacci analysis):



645-930, I say 700 is pretty awesome buy anyway...
hero member
Activity: 627
Merit: 500
We live and learn  Grin
We all make mistakes and there will be more  Tongue
Let's just stay solvent.  Cool

See you in 2020, curious for that year, mostly.

I don't think I said you GOT burned, I'm saying an attitude that you are somehow able to see the market as clearly as you imply will most likely lead to you getting burnt.

I say that because I see you getting more and more confident. I'm extrapolating that over time you will risk more and more as you become more and more sure of yourself. Thus the warning to not drink your own kool-aid THAT hard. But, you are your own man, do as you please. I'm curious to see how it plays out.



@rtrtcrypto
You say I got burned? When and how? (trading wise)

Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:

1) Stop loss
2) No margin or small leverage

Like I said, risk management..
My biggest 'burn' so far was before P&F when the hacker returned me $200k, the price was 650$ (summer 2014) and I kept watching them losing value and panicked sold the f@ckin bottom at 275$ (bearwhale at Stamp)!!! lol

That teached me an expensive lesson Wink
legendary
Activity: 1498
Merit: 1000
I don't think I said you GOT burned, I'm saying an attitude that you are somehow able to see the market as clearly as you imply will most likely lead to you getting burnt.

I say that because I see you getting more and more confident. I'm extrapolating that over time you will risk more and more as you become more and more sure of yourself. Thus the warning to not drink your own kool-aid THAT hard. But, you are your own man, do as you please. I'm curious to see how it plays out.



@rtrtcrypto
You say I got burned? When and how? (trading wise)

Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:

1) Stop loss
2) No margin or small leverage

Like I said, risk management..
My biggest 'burn' so far was before P&F when the hacker returned me $200k, the price was 650$ (summer 2014) and I kept watching them losing value and panicked sold the f@ckin bottom at 275$ (bearwhale at Stamp)!!! lol

That teached me an expensive lesson Wink
hero member
Activity: 627
Merit: 500
I don't think I said you GOT burned, I'm saying an attitude that you are somehow able to see the market as clearly as you imply will most likely lead to you getting burnt.

I say that because I see you getting more and more confident. I'm extrapolating that over time you will risk more and more as you become more and more sure of yourself. Thus the warning to not drink your own kool-aid THAT hard. But, you are your own man, do as you please. I'm curious to see how it plays out.



@rtrtcrypto
You say I got burned? When and how? (trading wise)

Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:

1) Stop loss
2) No margin or small leverage

Like I said, risk management..
legendary
Activity: 2408
Merit: 1004
Today will pass 2000 Satoshi

Remember my word


sr. member
Activity: 574
Merit: 251
ZAif is the biggest exchange at JAPAN

I prefer to sell my NXT

And hold MY XEM



Agree 100% on this! A value my nem more then my nxt. I believe!
legendary
Activity: 1498
Merit: 1000
@rtrtcrypto
You say I got burned? When and how? (trading wise)

Also, you have to understand something, unlike most people that do not follow TA, traders following some form of proper TA (not EW IMHO) can't get REKT if they do things properly:

1) Stop loss
2) No margin or small leverage

Like I said, risk management..
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