Official BGOL Crypto Currency Thread ★★★★★

I hear ya. It doesn't feel right. In fact, I've probably seen so many periods of unrealistic FOMO that is unceremoniously discarded the next week (either purposely by whales, due to ignorance, or just plain bad luck) that I'm fairly numb to it. You follow some altcoin forums for a month, and you will see the pattern repeated multiple times. However, at the end of the day, I feel like that this is just part of the learning curve. If you look at a chart, see a coin at ascending vertically and don't question yourself before jumping in at the top, no amount of reasoned caution is gonna stop you from breathing the fomo. Only research, experience, & your own gut can guide you. I've been there. I've felt cheated whether it was purposeful or not. But in the end, it is up to me to make the best of this opportunity. Whatever the op's intentions, he has presented a moneymaking opportunity. It's your job to do the due diligence. The op doesn't know what the endgame is for Ripple. Study the history of the charts. By not hodling now, he could end up regretting it, while the current bag holders could end up relieved they didn't sell. Who knows. All I know is that ol dude presented the game and now its up to us to take advantage of it.

Anyway, I feel we're all smart enough to do this without. Those who reaped profits from xrp can use those engage in other coins or other benefits of life. The brother legal money highlighted Stratis, Spectrum given us that insight. We got this. To those who don't understand why we're mad, think of it as all of us on this luxury cruise and Mr Wyckoff was the only one who knew it was about to crash and hopped off before it did.
 
What I'm saying is if u look at the demo, it makes sense that the wagerr you purchased will be used as online currency to bet and not as an altcoin used for trading. Unless there is a way to later on convert what you purchased into some form or waves, eth, or btc.

I do remember reading that the WGRR token was gonna be offered on the WAVES platform...but I haven't seen anything concrete in the white pages or on their site...hope it wasn't just misinformation
 
Man i sold all my BTC at the peak. Just a gut call. Moved it into other coins. All the positive news about Eth and the uncertainty about the possible fork (which i don't fully understand) means i will stay with Eth for now.

Everyone just keep sharing info so we can all make informed choices.

I am not worried at all. Stay in game fellas.

Yeah. I got lucky with the timing too.

And this whole BTC vs Ether thing is getting crazy. On twitter, Vitalik and the bitcoin maximalism have been going at it hard. The bitcoin maximalism HATE Vitalik. They see ETH is an existential threat to Bitcoin.
 
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n Rui

BGOL is not the outside world. It's supposed to be a private forum with members who know each other for over a decade. So some dude hyping up a coin telling you to buy it while he's selling it isn't allowed here. Leave that to the public forums. Most people made money. And we're all happy about it. But some people lost money on Ripple because this is supposed to be a place where we trust each other and some scammer told them to buy at $0.40.

Exactly.
 
snapshot_chart_api.asp
 
n Rui

BGOL is not the outside world. It's supposed to be a private forum with members who know each other for over a decade. So some dude hyping up a coin telling you to buy it while he's selling it isn't allowed here. Leave that to the public forums. Most people made money. And we're all happy about it. But some people lost money on Ripple because this is supposed to be a place where we trust each other and some scammer told them to buy at $0.40.

Well that's really my point. I understand why they're mad. I'm just trying to explain why I don't think you should be.

- In crypto (and investing in general), when things don't work out, you may feel scammed whether it's purposeful or not. You gotta embrace that personal blame the same way you accept that feeling of accomplishment when you take a risk that works out.
- FOMO & FUD are real drivers of emotion & action. It's a lesson you have to experience to understand.
- BGOL or not, FOMO & cypto scammers are everywhere. Always maintain your skepticism. At the beginning of this thread, a culture of sharing was established, but also a culture of personal research and caution. Embrace that. (Take XVG. This board fomo'd it greatly last week. Whether it was genuine or not (& i'm not saying it was fake), if I jump in at 220 sat on BGOL's word alone and it falls to 150, ultimately that's my responsibility, not BGOL)
- Finally, just because the cac op think's he gotten over on you, that doesn't make it true. You learned something from it. Continue to do your own research. I actually still believe in Ripple, despite the op's actions. I don't think 40 cent is the ceiling. If I had the patience and means to cold store XRP & walk away for a year or two, I would because I think the price will rise. But only time will tell.
 
And this is actually my main point. That's why I'm stressing about sharing info (even when you sell). OP was about the short term hustle. Let's learn from that and protect the group...not just use it and dip.
I got a real affinity for you bruh keep the flame going you giving us the light. Shout out to spageage too! you know what you did family
 
i get both sides, we're all adults, we are ultimately responsible for what we do but there is a thing called honor... i refuse to make money off people especially my people... theres plenty money for all of us to eat without being underhanded...

oh well though lets move on and keep the circle tighter... ive been on vacay and lost anout 1500 cuz i havent been able to watch as much as i should but ill be back in full force tomorrow...
 
Anyway, I feel we're all smart enough to do this without. Those who reaped profits from xrp can use those engage in other coins or other benefits of life. The brother legal money highlighted Stratis, Spectrum given us that insight. We got this. To those who don't understand why we're mad, think of it as all of us on this luxury cruise and Mr Wyckoff was the only one who knew it was about to crash and hopped off before it did.
Damn...how was this discovered? link pls
 
i get both sides, we're all adults, we are ultimately responsible for what we do but there is a thing called honor... i refuse to make money off people especially my people... theres plenty money for all of us to eat without being underhanded...

oh well though lets move on and keep the circle tighter... ive been on vacay and lost anout 1500 cuz i havent been able to watch as much as i should but ill be back in full force tomorrow...

Damn I hope you didn't panic sale bruh. When in doubt hold.
 
How to not panic during a dump and continue to make profits

Ok, this is probably the most waited topic of this thread so I'm going to be straight: when a dump starts there is nothing you can do. It will continue until the last penny has been sold. I will give you 2 weapons to fight the dumpers: a psychological one and a technical one.
  • Understand that trading is possible only because the price goes down and then it goes up. If it goes only up or only down, you can't trade. None would. So, take the bears as a part of the scenario. Accept it. Like it. As the price goes down, you know it will go up again, over and over. Oh wait....your GUNBOT bought when the price was up? Ok then, here to you the solution:
  • The Bollinger Band: Poloniex was smart enough, they gave us another indicator to trade with crypto. What is the Bollinger Band exactly? It is an indicator of the volatility of the coin, related to the quantity of trades volume in a given instant. Open your Poloniex graphic and enable Bollinger lines, you will see something like this:



    The larger the Bollinger Band is the more volatility on the market. As the Bollinger Band tights, there is less volatility. Said that, how to use the Bollinger Band? Well: it is a technical support to your weak morale because of a dump. Look the next picture:



    The Bollinger Band is used to identify the entry point to buy and to sell in a certain strategy. Whenever the candlesticks cross over the Bollinger Band, there is a change of the trend. If you look at yellow arrows I drew, after any yellow arrow, there is a bullish trend. Now look at the next picture:



    After any azure arrow, there is a bearish trend. The right moment for a change of the trend is when the candlesticks exit and THEN enter back inside the band. Sometimes they get very close to the band and the trend changes without crossing borders. Use the Bollinger Band to be aware of what is going on: it is a dump, yes, but you know exactly when it will stop and you know exactly when the bear will turn into a bull. Stay calm...take a deep breath....and don't stop the GUNBOT
    cheesy.gif

    So, do you like it? Did you ever see this? If yes: did you ever use the Bollinger Band as a tool to be aware you are not losing all your money and you don't have to stop your bot but it is just the wonderful world of trading going on? Well, now you know it...if you need more help on this, just shoot me a PM and please again...don't stop your GUNBOT, let it do its job for you...I didn't code emotions in it...
    wink.gif
Stochastic is another to look at. Sell when line goes above 80 and buy when it's goes below 20. Be sure to change the period of time all the way to 1 min to see what is happening when using the Bollinger band. I start at 1 day and work my way to one min.
 
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Damn I hope you didn't panic sale bruh. When in doubt hold.
I went full retard today and really hurt myself I'm way negative off my initial stake but I still have plenty to bounce back. I've only been at this for roughly 2 weeks really but I see there's still plenty of opportunity to shine. More dues paid.
 
Stochastic is another to look at. Sell when abov 80 buy when it's goes below 20. Be sure to change the period of time all the way to 1 min to see what is happening. I start at 1 day and work my way to one min.

Bittrex is showing 2 lines for the Stochastic chart. Do you follow the red line or the black line?
 
I feel ya man. I see those same coins too and kick myself that we only concentrated on XRP.
But we have to admit that if it wasn't for this thread, a lot of us wouldn't have dove into this world at all.
Crazy thing is that I was not stuck on Ripple. After about week 2 or 3 you can see my posts. I was asking about other coins and buying them. I bought ALOT of diff coins. Thats why now I have a variety of ones I got cheap. I did not think it was a good look for cats to be going 100% on Ripple. I went like 40% on Ripple and 60% on other coins that were moving back then
 
Crazy thing is that I was not stuck on Ripple. After about week 2 or 3 you can see my posts. I was asking about other coins and buying them. I bought ALOT of diff coins. Thats why now I have a variety of ones I got cheap. I did not think it was a good look for cats to be going 100% on Ripple. I went like 40% on Ripple and 60% on other coins that were moving back then

Yea I immediately started reseaching coins to invest in and Ripple was always #5. I stacked Bitcoin little by little but I probably won't hit 6 figures until Fall....god willing.
 
Yea I immediately started reseaching coins to invest in and Ripple was always #5. I stacked Bitcoin little by little but I probably won't hit 6 figures until Fall....god willing.
It was funny because I was making money on other coins when ripple was not moving. OP had cats on this shit like "Ripple or Bust"
I would mention coins and not get too much feedback. I was cool though because I was making nice BTC. Then when ripple bubbled up, I sold a lil over 1/2 in the $0.40 range
 
panic'd a little since i havent been able to watch but im holding... time to get real serious tomorrow.... too much manipulation out there... smh

dont try to day trade on vacation lol learned my lesson

Also set your Stop Limits and BUY ORDERS. You don't want to miss out if something goes on sale and you miss out on buying in.

Also does anyone know if you can set a stop order on Bitcoin? Like if it hits $3200 an automatic sale for fiat is placed???
 
Crazy day today. It was red has hell and had some panicking. Wagerr at least dropped their demo wallet and Minereum a version of Ethereum compatible coin creation service.

From now on when I see red in the markets, I see blood in the water. I'm gonna be like a vampire, a shark, it's time to eat before the markets recover. There is gonna be another boom sooner than later and my ass might go MIA but I won't be asking for donations.
 
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