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Hey guys, I know its been a while since I posted a video. Its exciting times in Crypto, so I thought I could take a few minutes this afternoon to let you know what I have been up to and answer a few questions I have been getting. Also why in the world would I buy CryptoKitties??? I am waiting so long: And how do you think about CryptoKitties? I would like to hear your opinions Thank you so much for your videos about trading.
Thanks for the video update Luc! I can't thank you enough for your trading videos and will keep an eye out for the slack invites to open. Another big thank you here! We all really appreciate the time you spend helping us, even with your busy sched. I will also eagerly await the slack invite.
All your videos have been absolute GOLD. This cryptokitties just got a bit weird though. Maybe I'm just getting old - I just don't get it. But then I never really understood the tamagotchi craze either. That was literally the only password stored on paper in my file cabinet..
I got alot more hightech since then.. But thanks for the advice.. I lost a wallet password also so I've tested it out. I considered setting up a service to help people recover their passwords using Amazon Web Serive AWS for computing power to speed up the process but I decided it was a bit of a slippery slop, I didn't want to recover passwords for people who might have stolen the json files. Anyway if you want more details send me a message on slack my user id is timothyja.
I bought a kitty and bred one also few days ago and posted about them on our Slack room too.. Till now I completely forgot about them.. Thank you for reminding me.. I am also interested in entering the slack room of quickfingersluc ;-.
Slack is great for teams and smaller groups, but Discord really lends itself to larger, slightly more public groups. I belong to several different crypto related servers and it's just a really handy forum for this kind of thing. It's super easy to see the latest posts and discussions can be divided into relevant channels. Like Slack but, as I say, better for a larger group centered around one or a few key individuals.
Hey Luc just wanted to say a massive thanks for your vids Im never one to really give the time of day to most 'educational' vids let alone comment on them but you deserve a special mention I doff my cap to you sir.
I understand lucs busy and cant always respond, is there someone here who can help answer a few questions that i have? Im super super new to trading and wanted to make sure i have a firm grasp on it before investing any more money. What is the minimum amount of money you need to trade on coinology? I have very little and it wont let me trade.. Am I doing something wrong? My first question is: Is it easier to trade smaller amounts more frequently, or is it ok to buy up a whole bunch of coins at once and then try to unload them all?
Also, everyone talks about "research research research". What are some reputable sources to recieve news about whats going on with the market? As I just wrote above, with a Discord server, Luc could easily assign one or several individuals as moderators, and regular group members with more experience can be easily color coded so that newer members can see who to turn to with questions if Luc is unavailable. It's also really easy to have voice sessions where one or several people have the mic and everybody else can listen in if they want to.
There can also be channels reserved for announcements, server protocol, faqs, etc. And there are bots that show current coin information and other stuff. For anyone wanting to learn more about crypto, there are a TON of great Discord groups and it's pretty easy to get invites. First things first, learn the difference between "investing" and "trading.
It's important to keep that in mind, because all these people "trading" their "investments" is precisely what makes Luc's followers rich!!! Watch all of Luc's videos. Then watch them all again. You pick up nuggets of gold info that you missed the first or second And read all the posts too.
Then just dive in. Theory is good, but until you start putting it into practice, you're not going to really learn. Be patient, and pick your trades. You may screw up, but if you understand what he's telling you in the videos, and apply that, it's hard to screw up too often. Sometimes a new video is not about giving us more or new info.
I think for a lot of followers it is s reminder to stay the course when it gets tempting to deviate from the plan.
Also many of us don't know other people who trade so it make us feel a bit more grounded to see your content. Thanks for putting out the new video and thanks for teaching us how to trade. This channel has been a life changer. I love your videos, thank you!!! Everything you say makes perfect sense. Please help me promoting this crazy idea, and if you like the idea your contribution is also welcome ;. Hey Luc, first of all thank you for your time to educate us. It makes a world of difference and gives a lot of confidence when trading.
My question is, since everything looks like its in a strong bull market, Is there a relatively safe way to trade in a market like this despite having your coins just sitting there or is it just a waiting game till bases start to crack again?
Hey Luc, Great videos man! I just have one question, how do you catch a sell on the shadows? I can never seem to make a sell on the wicks. I mean it just goes up high and my order never gets filled and drops back down and then I'll catch the sell on the body.
Am I doing something wrong here?? Hi Luc, I love your videos! Do you have any tips for trading while away from the computer? Let's say I buy into a position, but the bounce takes a while, several hours or days.
How do you manage this? Set up sell orders at the expected bounce return location? Man, you are awesome! Thanks a lot for sharing! No doubt, you'll be rewarded for your kindness ;-. Awesome videos I really appreciate the knowledge!
I have a question regarding security of using the exchanges. I am just a little nervous about giving out all of my information. I am new to Luc's videos and they have been really helpful. I am struggling to get my mindset in BTC when trading. But BTC is fluctuating all over the place at the same time.
I'm converting to USD and can't see how you can make money on a trade. I think I am wrong here, right? How am I wrong?
I haven't been able to find any articles or videos out there that address my mindset! Thanks for any help you can provide. My brain is turning this over and driving me nuts! What is the minimum timeframe which should take into consideration when trying to determine the 'base'?
I am not sure i've ever heard of this in the videos. This can be considered as 'base' marked with yellow? Thanks for the update quickfingersluc. I can't wait to join the slack group, I will eagerly look out for the invite. Looking forward to the new tool too! Finally i've made the decision based on this post by Awesome Luc, and bought my first CryptoKitty:.