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    [Daily Discussion] Monday, November 09, 2020 Bitcoin Markets

    [Daily Discussion] Monday, November 09, 2020 Bitcoin Markets


    [Daily Discussion] Monday, November 09, 2020

    Posted: 08 Nov 2020 08:05 PM PST

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

    Other ways to interact:

    submitted by /u/AutoModerator
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    [Altcoin Discussion] Monday, November 09, 2020

    Posted: 08 Nov 2020 08:06 PM PST

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

    Other ways to interact:

    submitted by /u/AutoModerator
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    Would anyone be interested in an app that helps you practice trading?

    Posted: 09 Nov 2020 06:17 AM PST

    I was looking for an app that helps you practice trading, something like replay historical candles and trade on them at a point in time, kind of like a trading simulator.

    But I couldn't find anything that suited my needs.

    Paper trading is slow - you place your trade and then wait hours/days to see how it played out.

    TradingView replay mode is ok, but:

    • You can't place trades continuously and see what PnL you would get.
    • You can't eliminate lookahead bias.

    So I'm thinking about creating something like this, where you are thrown into a random asset at a random point in time. Make trades and fast forward time to see how it played out. Shortening the learning loop. Immediate feedback on your actions. Training that pattern recognition machine in your head.

    Would be interested to see if this could be useful to someone else also.

    submitted by /u/__deandre
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    Alternatives to Bitmex for Leverage Trading from the US?

    Posted: 09 Nov 2020 09:51 AM PST

    As many of you are aware, Bitmex has implemented KYC rules to root out US based users. What's worse is that their corporate policy has also gotten more strict. I actually set up a foreign IBC and registered it with them over a year ago in order to protect myself from KYC rules suddenly popping up. At first they didn't care if the beneficial owner of the IBC was US based as long as the company wasn't and trades took place outside of the US (I used a bot hosted on a foreign server). Well now they closed my account down because they don't want the risk that I am operating from within the US. I know that many on this forum didn't go as far as I did to try to use Bitmex and we're just using VPNs which is obviously no longer an option as well. Where have you gone to get access to high leverage? Do you see the same risk across the board with places like ByBit?

    submitted by /u/JustAnotherHodler
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    Any interest in a chat group for longer-term growth strategies?

    Posted: 08 Nov 2020 10:15 PM PST

    Last week I got the idea to create a slack workspace chat group for people who want to share and discuss responsible and realistic bitcoin and overall portfolio growth strategies (not day-trading or yeeting into low cap alt coins) and so far about 17 people have said they want to join. I'd like to start the chat with 25-50 people so there's a good amount of discussion.

    Let me know if interested!

    Edit: Lots of interest so far. I will launch the chat group tonight this week and send out invites soon!

    submitted by /u/helloforrest
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    (Bearish Signal) ETHUSD, Broadening Bottom

    Posted: 09 Nov 2020 08:28 AM PST

    My strategy based on my non-existent knowledge, please feel free to provide input

    Posted: 09 Nov 2020 04:23 AM PST

    Hi

    I am allocating play money (we talking lunch money) each month, 25 percent each in the following:

    XRP, BTC, ETH, LINK and Cello

    Its a long term play with at least 3 to 5 years. I have tried finding a good balance of ''risky'' (the word really does lose its meaning here...) and more ''safe'' coins. I don't want to invest time in understanding the tech nor do I care about the industry/sector in itself. I am just here to build up my portfolio where cryptocurrency is a smaller part of investments, only allocating funds I am comfortable losing in exchange for a journey to the moon.

    Any input or changes you would suggest, other coins? (using coinbase pro...if you have not figured out that yet)

    Thanks!

    Forgot to add, if you want links to earn cryptocurrencies on coinbase, feel free to DM... I gotta shill something since being here on this subreddit ;)

    submitted by /u/Occultum616
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    Account recommendations

    Posted: 09 Nov 2020 03:33 AM PST

    Hello everyone. I have been been usuing Bitstamp Europe for my bitcoin, but today they have cancelled by account without explanation- no rules broken - just that they feel it is appropriate having seen my activity .

    It's a pity as their charges will low and they were quite quick.

    Is anyone able to recommend another application for buying BTC and making Payne ya in the same?

    Particularly for use on the dark web.

    Thanks in advance reditteers.

    KR

    submitted by /u/Britinspain
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