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|Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 12:06pm On Jan 11, 2018|
In the course of this journey, so many profitable cryptocurrency investments and trading opportunities will be exposed to us. We are not going to be doing much of theory but practical crypto trading analysis with results.
Crypto currencies are digital currencies that use encryption (cryptography) to generate money and to approve transactions. New crypto coins are created by mining.
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|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 12:19pm On Jan 11, 2018|
This group is going to be concentrating majorly on crypto trading signals and less of theory. Those who have been following the signals on our whatsapp group did over 900% ROI in December 2017, and just 11 days in the new year 2018 we have done 251.2% already. The interpretation is this :
Those who traded with #100,000 in December made #900,000 in a month and are already doing #251,200 in just the first 11 days in this month January 2018.
Those who traded with #1,000,000 in December made over #9,000,000 and are already doing #2,512,000 in the first 11 days of this year.
Little will be told here, all was given freely and FREELY will the trade signals be given out . God's name be praised .
If you do the same THING the same WAY every time ,you tend to get the same RESULT,do something different this year !
Its all about PEACEFUL WEALTH .
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|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 12:20pm On Jan 11, 2018|
Below is an excerpt of today's lecture in the whatsapp group:
Good Morning all, I wish we could just quickly take a little lecture on crypto ,its been awhile we did that . I have seen so many trading to add value to their account but dont let us be overwhelmed with trading while there are free money (HARD FORK) around to claim.
Cryptocurrency Hard Forks Could Bring Gains of More Than 300%
Chances are you've never seen any market swing like the ones we've seen with Bitcoin and other cryptocurrencies this year. The moves are incredible, creating massive wealth for those who got in early and triple-digit profits for those who can play the week-to-week volatility.
Today, will like to talk on the upcoming cryptocurrency hard forks that could bring us similarly massive returns…
Still, many of us fear the incredible price swings we see in cryptocurrencies every day. It's only natural when prices are dropping 30% in just a matter of hours, like they did on Dec. 22.
Volatility itself is not necessarily a bad thing. A market with zero volatility does not move, and you cannot make any money beyond whatever dividend or interest payment you may get for those into lending and staking.
Honestly, dividends or interests are mere table scraps compared to the 1,200% rise seen in Bitcoin prices last year. Fellow cryptocurrency Ripple gained 35,000%.
Despite the *reds* in the market yesterday and some days ago,"I firmly believe cryptocurrencies are the wave of the future and still face huge upside.
The problem is that individual investors or trader are usually not equipped, either psychologically or financially, to ride out the volatility storms that seem to occur frequently.
Selling out too soon can leave huge sums of money on the table, but it is understandable to fear such wild rides lower and higher.
But, despite all this, I wouldnt want you to cash out of Bitcoin completely.If you do that, you'll miss out on the Bitcoin spin-offs, called *hard forks*. And if you play them right, they could mean gains of several hundred percent or more
What Is a Cryptocurrency Hard Fork?
As you are likely aware, Bitcoin is based on technology called *blockchain*.
A blockchain is a continuously growing list of records, called "blocks," which are secured using cryptography and linked together. Each block contains a hash pointer as a link to a previous block, as well as a timestamp and transaction data.
This makes it inherently resistant to modification of the data. A school of thought (Harvard Business Review) called it *an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way*
Cryptocurrency hard forks happen when developers feel the blockchain needs new features. These developers can also set up a crypto hard fork when they feel the cost of mining has gotten so expensive that only a few elite investors can participate.
With each fork, the crypto is subdivided into two currencies – the original and the new coin. To facilitate these forks, the community then spins off the fork coin to current owners… for free.
If you own one coin, you get one fork coin – if you own 0.33 coin, you get 0.33 of the fork coin, etc.
There were two major hard forks in 2017. The first occurred in August, when Bitcoin Cash emerged. That event marked the new currency at roughly $291; Cash quickly jumped to more than $400 before selling off again.
But as the price of Bitcoin has risen recently, so has the price of Bitcoin Cash.
Another hard fork came in October, with the spin-off of Bitcoin Gold.
Bitcoin hit short-term bumps, but as you've seen, the price subsequently soared. These forks have been good for both Bitcoin and the fork coins.
And that's why you shouldn't be selling all your Bitcoin holdings. You want these hard forks and the profits they'll bring you in 2018 – and beyond. Sure, you can reduce your exposure, and your risk, by selling some of your Bitcoin, but be sure to keep some so you can participate in these forks.
With that in mind, these are the next cryptocurrency hard forks to watch.
If you stay in Bitcoin now, you're setting yourself up for what currently looks like several more hard forks in the near future, which are :
Bitcoin Cash Plus
Bitcoin God (this is not a typo)
I still believe in treating your Bitcoin and other cryptocurrencies the same way you would stocks or other investments. Take some profits along the way, ideally winning all your original capital back. Then you pocket those big gains and keep playing the field using the 'initial' money.
It's impossible to predict the price or performance of any of these upcoming spin-offs, but that's beside the point. As a Bitcoin owner, you'll keep getting these new coins for free.
Selling your Bitcoin now may seem extremely attractive. But as long as you still have some money invested in the cryptocurrency, you'll be able to reap the reward of subsequent forks.
Its all about PEACEFUL WEALTH.
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|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 12:30pm On Jan 11, 2018|
Buy IOTA/BTC @ 0.00026012 Binance
|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 12:53pm On Jan 11, 2018|
Mark Zuckerberg is 33yrs old and has only one business; Facebook- launched in Feb 2004.
Aliko Dangote is 60yrs old, has a business empire, been in business for over 40years
In 2012, Dangote was named the 43rd richest man in the world (Forbes) while Mark was 66th; but in 2017, Mark became the 5th richest person while Dangote dropped to 105th position.
Mark Zuckerberg achieved more globally in 6yrs than Dangote has done in 40yrs.
Dangote started his business in the Industrial age which requires physical strength to succeed while Mark started his business in the Information Age which requires information and Knowledge.
You need new keys to open new doors old keys won't work.
Don't get stuck.
Strategy is better than energy. If you lack strategy, tragedy is Inevitable.
Go for Strategy this Year.
Embrace change....Embrace Cryptocurrency
Its all about PEACEFUL WEALTH.
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|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 1:23pm On Jan 11, 2018|
� Learn these terms that are used alot in crypto world!
�#ALTCOIN = Any crypto currency other than bitcoin.
�#ASHDRAKED = A situation where you lost all your money.
�#BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.
�#BEAR/BEARISH = Negative price movement
�#BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)
�#BULL/#BULLISH = Positive price movement
�#Love Machine = Long green or red candles
�#DUMP = To Sell off a coin
�#DUMPING = Downward price movement
�#DYOR = Do Your Own Research
�#FA = Fundamental Analysis
�#FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)
�#FUD = Fear Uncertainty & Doubt
�#HODL = Hold/Hold a position
�#JOMO = Joy Of Missing Out
�#LONG = Margin bull position
�#MCAP = Market Capitalization
�#MOON = Continuous upward movement of price
�#OTC = Over The Counter
�#PUMP = Upward price movement
�#SAJ #CANDLE = Huge green candle
�#SHITCOIN = A coin with no potential value or use
�#SHORT = Margin bear position
�#SWING = Zig zag price movement (Upwards and downwards)
�#TA = Technical Analysis
�#REKT = When you have a bad loss
�#REVERSE INDICATOR = Someone who is always wrong predicting price movements.
�#RSI = Relative Strength Index
�#WHALE = Very Wealthy trader/Market mover
Its all about PEACEFUL WEALTH .
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|Re: Cryptocurrency Trading As Plan B For Beginners by Born2conquer: 1:31pm On Jan 11, 2018|
How can we start?
|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 1:42pm On Jan 11, 2018|
You can start by first opening your trading accounts on some exchanges because no single exchange has all the coins listed on it. You can chat me up on whatsapp to get added to our whatsapp group freely,check my profile for my contact.
|Re: Cryptocurrency Trading As Plan B For Beginners by Nobody: 1:56pm On Jan 11, 2018|
Bro lets create a watsapp group. Crypto trading is bae. I made 300usd only yesterday
|Re: Cryptocurrency Trading As Plan B For Beginners by emmayayodeji(m): 2:13pm On Jan 11, 2018|
how did you make it?
shed more light please
|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 2:14pm On Jan 11, 2018|
A whatsapp and a facebook group are already in place since last year, you can check my profile to get the link and join us.
If it didnt open ,you can chat me up on my siggie to get it .
|Re: Cryptocurrency Trading As Plan B For Beginners by bamhood(m): 2:43pm On Jan 11, 2018|
Okay,so I'm new and I'm not sure whether to begin with investing or trading......words of advice from any experienced person would be very much appreciated
|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 2:52pm On Jan 11, 2018|
WHAT IS AN ICO
Let me take our local experience to explain what an ICO is.... In a stock market when a business open up they want people to buy their stocks,buying a stock in business simply means buying a small piece of the business. In crypto currency, we use ICO (Initial Coin Offering) as against the IPO in our local experience with company shares. The below are the few important things to look out for before buying into an ICO.
*Can can see their pixs and are they verifiable
*Then cross check their genuineness from LinkedIn,because their LinkedIn profile will be there too and that should reveal more info about them
*Check the companies they claim they have worked for in the past and their qualification.
*Date they joined LinkedIn-This should be applicable to all members in the team, both advisors or the executive board
*A good ico should have a prototype.They should be a company doing similar products or services they intend to provide
*All of these will be seen in the "white paper" of the company-It's always there in a good ico.Take time to read it,don't be lost or carried away with some imagination of an individual.
3. Public rating:
"Icoalert".This is a company that scrutinizes some icos based on certain parameters which Signifies their various risks either high,low etc. So u get alerts from them.Don't get carried away with various numerous adverts on social media.
Just concentrate on few that have good standing and are reasonable in their service. Have a budget for each ICO E.g U can decide to invest $200 on top icos from real and genuine companies and $100 for other good ones
Don't think of doing all because u cant; Just concentrate on the number you want possibly 5,6,10,15,20 etc. And stick to these, monitor their activities
Sign up for email notifications from them and get as much info u need abt them b4 investing
Also try to join the telegram or slack chat room of each ico to get updates from admin or support team in there. Also download 'Icorating" app ,it does function same way with ICO ALerts.
Now the next step is
Get some mentors online or offline,ask questions from them and get their daily updates but always bear it in mind that their final decision shouldnt always be your own yardstick. DO YOUR OWN RESEARCH.
Your mentor will only give an advice ,its not mandatory you take it. U can decided to do those they reject,and can be lucky to succeed. I ones remember someone told me that a well known mentor rejected a particular ICO but one of the followers did buy and invested in it and made about 1000% returns from that ICO. He told the mentor, and the guy congratulated him.
All is done in with utmost good faith,so your mentor should not the final determinant of you investing in an ICO or not but his guide will help you from not investing in scams
We have been doing trading in our whatsapp group and the trading is targeted towards trading in Penny Coins rather than the buy and hold majority of people out there are doing.
Its just like we were doing during the days of stock market , while many people out there were buying shares and stocks for future and most of their investments got wiped off by the economic crunch of 2006 through 2008 but most penny stock traders were smiling to bank.
Same principle is applicable here but due diligence needed be followed.I have tested some exchanges and I have chosen the most newbie friendly platform.
This is how it works , let's assume planbcoin is worth $0.0001 by Monday and a penny coin trader invested $100,that will be 1000000 coins and by few days after the price rises to $0.0010. Offloading the coin at $0.0010 will be 1million coin x $0.0010 which equals to $1,000
Profit calculation=Sales figure minus initial investment
I have seen this happened on some coins over and over .And many more of such opportunities are still in d market.I will be right back
Its all about PEACEFUL WEALTH .
|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 2:54pm On Jan 11, 2018|
It depends on your choice as there are always guides to anyone you choose.
|Re: Cryptocurrency Trading As Plan B For Beginners by Born2conquer: 4:25pm On Jan 11, 2018|
I need to learn bitcoins seriously
|Re: Cryptocurrency Trading As Plan B For Beginners by hagarabad: 2:11am On Jan 12, 2018|
Kool thread. Lets keep the knowledge growing. A lot of people are just interested inmaking money from crypto. Not many are seeking to understand it and the tech behind it. Blockchain will change our lives the way the internet did. Be positioned with knowledge
|Re: Cryptocurrency Trading As Plan B For Beginners by fabulous2000(m): 5:44am On Jan 13, 2018|
pls what is d meaning 10sat.... 20sat
|Re: Cryptocurrency Trading As Plan B For Beginners by mankind6202: 11:52am On Jan 13, 2018|
Hear yourself ! He should just opened an account on Binance and start risking few dollars without prior technical knowledge. So just because you want to earn referral income on him,he should just click that link and start risking few dollars,then you start earning from his trades not minding if he looses or not ?
|Re: Cryptocurrency Trading As Plan B For Beginners by mankind6202: 12:23pm On Jan 13, 2018|
It means satoshi, a unit of currency in the crypto world
|Re: Cryptocurrency Trading As Plan B For Beginners by mankind6202: 12:27pm On Jan 13, 2018|
|Re: Cryptocurrency Trading As Plan B For Beginners by bayleaf(m): 11:33pm On Jan 14, 2018|
abbeyforex:Nice one, but HODL- Hold on for dear life.
|Re: Cryptocurrency Trading As Plan B For Beginners by patinno8: 7:54pm On Jan 15, 2018|
Please Im interested, i will like you to coach me crypto buz @ abbeyforex. Please contact me me @ firstname.lastname@example.org. Lets talk
|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 5:56pm On Jan 20, 2018|
I have been banned twice in the last 7days on this platform just because the owner of the website (Seun Osewa) doesnt believe or want anything cryptocurrency to be discussed here. Though I see some other thread where cryptocurrency is being discussed but I dont know why this is like that.
In vew of this,I will stop taking the lectures on this thread and focus on our whatsapp group and Facebook group. Thanks
|Re: Cryptocurrency Trading As Plan B For Beginners by Tundoo: 8:40pm On Jan 20, 2018|
Please am highly into crypto trading, especially Bitcoin and Ripple. But am more into Ripple now since it has potentials, and I was hoping that more information on this would be updated here.
Thanks for this thread!
|Re: Cryptocurrency Trading As Plan B For Beginners by abbeyforex(m): 1:49am On Jan 21, 2018|
I see Ripple dropping by almost 80% in the next 2 weeks and maybe thereafter move up by 7% to 10% in the next 3 months.
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