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Bitcoin Enthusiasts

  • #41
  • Mar 11, 2021 4:11pm Mar 11, 2021 4:11pm
Quoting Needy
Pardon my (off topic) intrusion. Would someone point me to MT4 type platforms that do various crypto pairs? Brokers or exchanges that provide PC based package like MT4 would be great! At least I know how to navigate MT4 and somewhat familiar with Meta Editor. Thanks a bunch!
https://comparebrokers.co/compare/be...roker-for-mt4/
  • #42
  • Mar 12, 2021 10:30am Mar 12, 2021 10:30am
Thank You TaoTrader, this is perfect!
  • #43
  • Mar 12, 2021 10:48pm Mar 12, 2021 10:48pm
Quoting Needy
Thank You TaoTrader, this is perfect!
No problem
  • #44
  • Mar 13, 2021 3:51am Mar 13, 2021 3:51am
Quoting Needy
Pardon my (off topic) intrusion. Would someone point me to MT4 type platforms that do various crypto pairs? Brokers or exchanges that provide PC based package like MT4 would be great! At least I know how to navigate MT4 and somewhat familiar with Meta Editor. Thanks a bunch!
Just being curious why do you prefer MT4 (considering spread and trading costs)?
persistence and determination alone are omnipotent
  • #45
  • Mar 13, 2021 3:55am Mar 13, 2021 3:55am
Quoting Ll1979
{quote} Just being curious why do you prefer MT4 (considering spread and trading costs)?
Why you don't prefer MT4?
  • #46
  • Mar 13, 2021 4:03am Mar 13, 2021 4:03am
Quoting TaoTrader
As Bitcoin continues to recover today......... A few important points: -You CANNOT trade Bitcoin just using technical analysis. You MUST combine it with fundamental analysis. If you are only trading on technicals, you would be better off sticking to Forex. -If you do not understand Bitcoin's market position, its global scope, and how deeply it penetrates the financial world, you are better off not trading it. -If you do not think Bitcoin is the future or if you do not believe in parabolic trends, you are better off not trading Bitcoin. -If you do...
"You MUST combine it with fundamental analysis" What are the fundamental news for bitcoin?
  • #47
  • Mar 13, 2021 4:06am Mar 13, 2021 4:06am
Quoting Tim_isoara
{quote} Why you don't prefer MT4?
spread and trading fee
persistence and determination alone are omnipotent
  • #48
  • Mar 13, 2021 4:10am Mar 13, 2021 4:10am
Quoting Ll1979
{quote} spread and trading fee
What spread and fee you have? What platform,broker use?
  • #49
  • Mar 13, 2021 4:18am Mar 13, 2021 4:18am
Quoting Tim_isoara
{quote} "You MUST combine it with fundamental analysis" What are the fundamental news for bitcoin?
Technicals relate to interpreting the chart patterns and using indicators, etc.....

Fundamentals relate to everything else, such as the market cap, available supply, info related to whales, global acceptance and use of bitcoin, government use of bitcoin, etc.....
  • #50
  • Edited 4:40am Mar 13, 2021 4:20am | Edited 4:40am
4hr cup with handle pattern finally breaking clear to the upside. New high for bitcoin and rising.
  • #51
  • Mar 13, 2021 4:25am Mar 13, 2021 4:25am
Quoting Tim_isoara
{quote} What spread and fee you have? What platform,broker use?
Binance with maker/taker fees starting from 0,1% percent

(fees -> https://www.binance.com/en/fee/schedule)
Attached Image (click to enlarge)
Click to Enlarge Name: 7097d0d0c98be5831f0266c86cfc8112.png Size: 63 KB
persistence and determination alone are omnipotent
  • #52
  • Mar 13, 2021 4:26am Mar 13, 2021 4:26am
Quoting TaoTrader
{quote} Technicals relate to interpreting the chart patterns and using indicators, etc..... Fundamentals relate to everything else, such as the market cap, available supply, info related to whales, global acceptance and use of bitcoin, government use of bitcoin, etc.....
Are fundamental news for Bitcoin? An economic calendar?
  • #53
  • Mar 13, 2021 4:29am Mar 13, 2021 4:29am
Quoting Ll1979
{quote} Binance with maker/taker fees starting from 0,1% percent (fees -> https://www.binance.com/en/fee/schedule) {image}
In pips please, spread are?
  • #54
  • Edited 4:44am Mar 13, 2021 4:32am | Edited 4:44am
Quoting Tim_isoara
{quote} Are fundamental news for Bitcoin? An economic calendar?
Are you asking where to find fundamental news for bitcoin? The "Crypto Craft" forum here is a good source of news info. I also follow a few people on youtube who have good fundamental news info, and I google a lot to look for different sources.
  • #55
  • Mar 13, 2021 4:35am Mar 13, 2021 4:35am
Quoting Tim_isoara
{quote} In pips please, spread are?
The picture indicates the spread BTC/USDT pair. In this case 0.01
persistence and determination alone are omnipotent
  • #56
  • Mar 13, 2021 4:41am Mar 13, 2021 4:41am
Quoting Ll1979
{quote} The picture indicates the spread BTC/USDT pair. In this case 0.01
Very good.
  • #57
  • Mar 13, 2021 4:42am Mar 13, 2021 4:42am
Sorry everyone I meant the 4hr chart had a "cup w handle" pattern that just broke to the upside.
  • #58
  • Mar 13, 2021 4:47am Mar 13, 2021 4:47am
Quoting Tim_isoara
{quote} Are fundamental news for Bitcoin? An economic calendar?
You know where it is on here right? I guess it's not really a forum but an area of the website with its own forums. Upper left side of the website, hover over the blue "Forex Factory" icon, then you will see a purple "Crypto Craft" icon......its 3 rows down.
  • #59
  • Mar 13, 2021 5:03am Mar 13, 2021 5:03am
I do not get why people point to use fundamental data for trading on technical level. Price tell you what can be done. If I daytrade need i the overall direction of the instrument? I say you do not need it. If I invest and will be for years in a position, I can have look. I can use a larger time frame and got the informations I need. Every new filter lead to a more unclear trading, filter tend to fight against each other.
Perfection is the enemy of good enough!
  • #60
  • Mar 13, 2021 5:06am Mar 13, 2021 5:06am
Quoting MichaelSch
I do not get why people point to use fundamental data for trading on technical level. Price tell you what can be done. If I daytrade need i the overall direction of the instrument? I say you do not need it. If I invest and will be for years in a position, I can have look. I can use a larger time frame and got the informations I need. Every new filter lead to a more unclear trading, filter tend to fight against each other.
I can't speak for anyone else here, but I'm a swing trader, and I use a combination of fundamentals & technicals. Bitcoin defies technical analysis whenever it feels like it also LOL
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