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Steve

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I lost heaps in the last 2 days. Well temporarily anyway, its normal to take a step back after 3 steps forward. Big panic sell on my main coins although it was expected after the huge gains. It just happened later than expected. They will probably recover in 1-3 weeks though. Really should have shorted but you need time to watch the prices like a hawk.

In around 4 weeks a custom trading bot will be finished. It will enable custom auto trading strategies and backtesting. There are two main ways to trade these. Trade for an edge like day-trading, or choose wisely and HODL.

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Steve

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Ripple on strong recovery:



They are really fun to play with. Even if you just wait for a coin to hit the lowest support level, then jump in, its very easy money. But if you don't read the support level right you can easily make a loss.

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Steve

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I think XRP dipped because of the misleading news about Ripple labs being able to freeze accounts. They cant realistically do that because it would mean controlling all the validation servers, which they don't. That's why they had to ask the exchange to freeze Jed's account. That was the exchange that did that, not Ripple labs.

Besides XRP will soon be fully decentralized. It should happen some time in 2018. And then, you can guess what will happen. I suspect similar to the news about escrow that got XRP moving.

cht

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Red flag from FCA on ICO using cryptocurrencies.

https://www.theguardian.com/business/2017/sep/12/cryptocurrency-investors-bitcoin-could-lose-money-fca-warns

With mifid 2, we can expect to see a concerted effort in EU to rein in cfds, bo and this ponzi style crypto ico.

You will only be as clever and as stupid as the roulette "experts" on forum.

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Steve

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Icos need regulation as theres lots of fraud. I believe most coins are purely to profit the creators.

Eventually it will smooth out and the legitimate coins will survive and thrive. For now its crazy speculation and traders taking advantage of the mania.

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ati

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I really hope Ripple won't recover for at least one more week. I still don't have any of my accounts verified, so I haven't been able to buy any cryptos yet.
BTCC was the quickest to respond, but they didn't accept my photo, so I had to upload a new one today. I'm still waiting for other exchanges to approve my account, but since many people posted on various forums that they had to wait over a month, my hopes are not very high.
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Steve

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You can buy ripple other ways but its more expensive. Usually you buy bitcoin first, then send it to the exchange, then buy other coins. You don't need id for that usually. Usually id is only for withdrawals later

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ati

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I'd prefer to deposit by bank transfer to avoid the ridiculous 5-10% transaction fees. Most likely the banks will rip me off for the fiat currency exchange, because I don't have a USD or Euro bank account. I sent 1 Euro to coinbase to verify my account, the fee was 8.6 Euro.  >:(
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RouletteGhost

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Verification on the exchanges is a pain in the ass!

Photos. IDs etc

I got in ripple at 20 cents.

What I did was I bought bitcoin on coin base.

I transferred the bitcoin to bittrex exchange. And used the bitcoin to buy ripple on bittrex.

Bittrex, binance are two exchanges I use

The other exchanges are banned in New York including bitfinex

I was hacked because I was mining. The mining software I used was a scam. Luckily I outsmarted the hacker. That and my bittrex wallet was under maintenance so he couldn’t steal

After being hacked I set up two step auth on all my accounts. Now being hacked is next to impossible. It was a close call

Next big ico : Kodak coin
the key to winning with systems : play for a statistically irrelevant number of spins

https://m.youtube.com/watch?v=nmJKY59NX8o

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DoctorSudoku

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Yes, that Kodak coin is in the news.  Kind of surprising -- I guess, it is Kodak's desperate attempt to get back into relevancy (regardless of how far removed crypto currencies are from its core business).   >:D  >:D
What is the fastest way of destroying your bankroll at the casino?

Play roulette with GLC's progressions.

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Steve

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RG what were you mining?

ATI, I'd be careful about getting into Ripple at this late stage. I think you are much better to get into something that is new, likely to have good long term value, with good "hype-factor", and get in on ground floor. If you do that right, its not unrealistic to turn $1000 into $20,000. Then repeat the process, and turn it to $100,000+

But again you really must have a solid exit strategy. If everything turns to crap, you cant just go to Bitcoin because that will be falling too. USDT is a good option but that's not real currency. It just has the same hypothetical value as the USD.

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RouletteGhost

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I was mining doge coin on a free mining website that utilizes your CPU for transactions

My anti virus went haywire and I ignored it so what followed was my own fault.

I had logged into my email as well as bittrex while doing the free mining. Those are what got hacked. So the hacker slipped in through the mining website and had a keylogger on my machine

The only thing I lost was my email. I was able to recover bittrex because I think the hacker was a an automated bot and I was able to be quicker than it

So moral of the story. Buy mining hardware if that’s something you want to do, those free websites leave you vulnerable

I won’t even touch the faucets.

I got incredibly lucky.  I did “forgot password on bittrex” they sent me a new code to my email. But my email was hacked. So I did “forgot password there”

I was then able to get in and activate a new Bittrex password and just after that the hacker hacked my email again and changed my security questions.

After changing my Bittrex password I set up two step auth so now any hacker will have a very tough time. It was a crazy few hours but I prevailed.

I was seconds away from losing thousands in ripple.
the key to winning with systems : play for a statistically irrelevant number of spins

https://m.youtube.com/watch?v=nmJKY59NX8o

Locomotivist

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After changing my Bittrex password I set up two step auth so now any hacker will have a very tough time. It was a crazy few hours but I prevailed.



Given how web sites get hacked so easily these days, two step authentication is the way to do things for anything online that you want to keep secure nowadays. It is pretty much the only safe option that we "little people" have at our end.

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ati

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Yeah it's really hard to decide what to invest in. There are so many videos and articles about altcoins and how they could rise. Most of those videos are quite convincing. I have to admit that I'm a total noob, so I have to trust in other people's opinions.
My coinbase account has finally been approved, so I'm ready to make my first deposit.
I'm about to buy a property, so all my savings will be gone soon, but I still have the money and I often fantasize about making a big bet. What if I could double my savings or half of it in just a matter of weeks? I've been saving up for 10 years, so obviously it would hurt to lose, but there is a gambler in me giving me these advices :)
Great minds discuss ideas.
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Small minds discuss people.

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Steve

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ATI, you should tread very carefully. One mistake and you could lose 20% in an hour. Then chasing the loss you can make more panic decisions.

Start very small like $100 or whatever is ok to lose, just to get a feel for how everything works.

Loco, I wouldnt even trust 2fa. I dont even like having funds in offline wallets but besides fiat currency there is no safer option. Just have only what you trade with in exchanges.

 

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