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SIA

Maximizing Profit While Minimizing Risk!In this chart, we show how seven trades would be executed and with said trades increase our profits while minimizing our risk. Closing our trades early protect us from any possible "flash crash" situations. If you bought 1 BTC -2.68% at 7-19-2017 and held until 11-17-2017 you would've made a 217% profit! If you bought 1 BTC -2.68% at 7-19-2017 and traded it consistently until 11-17-2017 you could've made more profit by using this method. 306% profit in this example! Why not just hold? In some markets, a price can reach a certain point and not return to it for months or even years. Closing our position at a high price when we see an indication of price reversal allows us to re-enter at a lower price and buy more with our initial position. In these specific trades, we use resistance, support, candlestick patterns, and flag patterns as our confirmations. Closing our position at a high price when we see an indication of price reversal allows us to re-enter at a lower price and buy more with our initial position. With every trade that is made, stops and take profits are adjusted with each position. Zoom in on each area to see why a trade was executed! There are trading opportunities every day. Don't be in such a rush to always have a position open. Trading emotionally is an easy way to get burnt. These calculations are based on the starting principle of $2,427 (1 BTC -2.68% ) In the related idea, I consistently enter a trade and when profit is taken- We wait for a pull-back to re-enter. Now how can you use this strategy to your benefit? When you open a position and have your stops in place, and when you're in profit keep a close eye out for reversals; when the price begins to reverse close your position and continue to observe the price. When the price is done correcting and is lower, watch for a bullish reversal to continue its run. When this is done re-enter with new stops. FAQ Couldn't you just have held since $2,427? Absolutely. You would've still made a 200%+ return. But this post is to highlight how we can increase our profits dramatically while protecting ourselves from risk. I don't trade flags or some of the techniques used to predict a movement. What should I do? Regardless of how you predict price movements, you can refer to this as a way to trade a market consistently in order to make more profit. What if you closed it and it kept going up? At times it's better safe than sorry. What if we closed it and dipped and had one of its regular 40% corrections? If this is the case, we'll wait for it to pullback then look for a re-entry. I definitely don't have the time to be watching charts constantly to be able to do this! Anything worth doing is worth overdoing. We appreciate all feedback and suggestions, if you have any feel free to comment below! Wish you all the best. Trade # Entry Stop Close % Change Balance Overall 1 $2,427.00 $1,744.00 $4,114.00 69.51% $4,114.00 69.51% 2 $4,020.00 $3,549.00 $4,646.00 15.57% $4,754.64 95.91% 3 $4,451.00 $3,990.00 $3,990.00 -10.36% $4,262.19 75.62% 4 $3,815.00 $3,451.00 $4,364.00 14.39% $4,875.54 100.89% 5 $4,264.00 $4,100.00 $5,700.00 33.68% $6,517.49 168.54% 6 $5,800.00 $5,370.00 $7,114.00 22.66% $7,994.04 229.38% 7 $6,251.00 $5,647.00 $7,713.00 23.39% $9,863.71 306.42% Vs Trade # Entry Stop Close % Change Balance % Profit 1 $2,427.00 $1,744.00 $7,713.00 217.80% $7,713.00 217.80%
BITSTAMP:BTCUSD
by 162Trading
24
Siacoin Choppy Chop landWow what a great run, another pump had hodlers at the edge of their seat in excitement. They thought it was a moon shot. The market appears to be bearish still as the bullrun gap becomes more and more narrow investors continue to be chopped . And this is no laughing matter. When #siacoin can barely hold 0.00000400 should we be celebrating ? We are on a slope , on a sled, going down. I assure you that I am unbiased, just like you, I want to make money. But I call a cat dog A CAT DOG not a DOG CAT The problem as if now appears to be created on the sellers side, if you took a moment to look at the order book you would have an idea of what I mean. So much buying pressure is created, for what? Investors don't want in at these numbers, sellers are asking for way too much and for the market to really move it needs a lot of money. This money isn't going to be generated out of thin air like a cheap magic trick so for this to happen the supply needs to find a ground that meets the demand. So unless a few billion dollars comes in spontaneously and buys in at these levels we will continue to go downward to collect more money to move the market upward.
by SiaSun
4
#STORJ CUP AND HANDLE possible bullish breakoutCUP WITH HANDLE spotted on $STORJ #STORJ chart. After the parabolic move you can clearly see the descending wave which could throw the bearish trend into reversal. I am hoping in breaks the 0.0018 ETH resistance mark and I would say it will because it has been consolidating for a while and soon to reach a breakout point. I'd say it is a good time to get into STORJ if you're looking to make some profit. I recently just got into this coin so begin day trading. I bought in at 0.0015704 ETH and am down 11.5%, but since I am expecting a breakout I am short-term bullish on this coin. Let me know your thoughts on my analysis since this is my first proper one. Any tips and constructive criticism is appreciated. Much love to you all in the crypto space.
S
by jekentu
SIAcoin, the phenix who didn't dieWhere most of the projects would have give up, if they had been going through crisis such has the one SC have been through in Q3 2017, the Sia project keep going and is was up 997% since lowest 2017 until the correction from this week that all cryptos have been through, (-43% for SC) and still up 772%. This resilience prove a strong will to outperform their peer. What have driven my analysis here is the recent publication from Bitmain to support the SC mining and to deliver the A3 Miner. This has push a wave of talk on Reddit, Blogs, Telegram, etc. and give interest to people who were doubtful of it. The delivery of those should be planed next week as the last of them (currently SOLD OUT) was shipped. This is set the clearly augment the difficulty of mining. Some says this should increase it up to 900%. Therefore, I expect those miners to refuse to sell at a lower price as the electricity, and his cost, required to mine would give them a low / negative return. This hodl will lower the sell side while the buy side should keep rising due to interest in the coin and his recent media attraction. If we get back to the graph analysis, we clearly that the 428 resistance was breached before the correction, but reappear during the rebound. The current volume is to low to breached again. The out performance from SC over BTC could be due to the low traded volume but can also be a sign of a clear potential of Siacoin. We can also see that the regression trend slightly differs from the trend base on lowest trade during the period. This could indicate either an actual overpricing which could led to a fuliginous correction, or the announcement of a exponential rise rather than a linear rise. To conclude, I would like to draw your attention to the reaction from Obelisk and Sia founder : “Bitmain has a long history of being abusive towards coin communities, their customers and towards coin developers. We prepared for something like this by adding an extra feature to the SC1. We can do a soft fork that slightly changes the PoW algorithm which would invalidate the Bitmain ASICs, but allow the SC1 units to continue working. In the event of an attack from Bitmain, we can activate this soft fork.” “At this time, I do not think it is necessary, but if they start mining empty blocks or otherwise prove problematic for the network, we have recourse that does not involve destroying the usefulness of the SC1 units. This fork would, of course, require community adoption, it's not something the devs could decide to activate on their own. It would be a UASF because the majority hashrate would not be standing behind the soft fork.” This uncertainty is a factor that no one should ignore... Analysis done by The Foil 20.01.2018 12:20 CET ---- Disclaimer: The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. I write for analyzing, learning & discussing general and generic information related to investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. I do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
by TheFoil
4
SIACOIN - Huge potential after double bottom patternThe Double Bottom pattern marks the reversal of a prior downtrend that we are seeing after the pullback of BTC. The price forms two distinct lows at roughly the same price level here. For a more significant reversal, look for a longer period of time between the two lows. Expected Target : 474 and even more for a long term HOLD I am expecting a pullback of Siacoin (storage of data using blockchain and interesting Coin to look at). It is a long term HODL so buy more if it drops to the buy back area. Good luck !
Long
by UnknownUnicorn1484312
6
Could be worseStruggling to meet and keep 6 cents from all time high of 11 cents. From 100 satoshi swings to 50 satoshi swings and a few sorry ass excuses for breakouts. Put away your cigar because as if now wallets are still busted and registrations to exchanges such as bittrex are suspended indefinitely. In a nutshell: Current exchange registrants leave chunks of SIA locked on the cloud.(how convenient perfect timing as value falls to shit) Money is flowing out of sia into other alts by current registrants and no new money to fuel price action in SC/BTC
by SiaSun
SIA BTC= Decentralized cloud storage platform that uses a blockchain to facilitate payments = Rent storage, paid to host files, mine Siacoin + Fully Decentralized More secure that STORJ + Significantly cheaper than STORJ + On-blockchain smart contracts + Storage marketplace creates more competition and storage place Attractive to users, not really attractive to farmers + Doesn't have a central bridge, like STORJ, thus no scalability issues + More trustworthy team compared to STORJ - Storage used is behind STORJ (3.4PB as of 12/23/2017) - Node count is behind STORJ (700 as of 12/23/2017) - Requires collateral for hosting Problematic because of dynamic prices - Accepts only SIA as payment - Requires entire blockchain download
Long
by wreathx
2