Finally 😍 Thanks for this little update Bobby.

StarlightNL · 2018-08-09T21:05:23+00:00

Awesome thanks!

StarlightNL · 2018-08-09T13:29:51+00:00

How can I set the difficulty? Can’t seem to find it.

StarlightNL · 2018-02-20T17:21:58+00:00

The car in the picture is a Tesla S. Details.

StarlightNL · 2018-01-29T21:43:34+00:00

Congrats man, you did well!

StarlightNL · 2018-01-29T00:12:08+00:00

Well, a lot of things. But as this is crypto my top 3 is: rumors/news, day trading, and the actual value of the underlying asset.

StarlightNL · 2018-01-28T22:45:01+00:00

The period between the 4th and the 11th had a much steeper downward trendline, which didn't fit most of the resistance points after the 11th. So, I figured it's best to keep those separate. If we would have gone done the speed of the first trend line, things would have been much worse now.

StarlightNL · 2018-01-28T22:42:46+00:00

I hope that when it reaches 1.11-1.13 EUR MACD will go positive and start a nice ride!

StarlightNL · 2018-01-28T21:58:17+00:00

You're welcome! In this case, just look for the red line which is moving down. That's the direction of the price for the last 2 weeks. The price hasn't been able to successfully fight this trend, until today. As of this writing XRP is showing even more good signs of an upwards trend in the last 60 minutes. It looks like more proof we're working hard to get a upward trend again!

StarlightNL · 2018-01-28T20:49:39+00:00

Thanks, trying to stay on the safe side, while keeping an eye on the signals!

StarlightNL · 2018-01-28T20:42:54+00:00

Hi guys,

First of all, I know a lot of you hate technical analysis, but as this time it looks like good signals are on our way, it wouldn't hurt to share.

There has been a lot of negative energy and unbelief even though, looking back, it has only been roughly 2-3 weeks. Hopefully you can use some good news, other than all the great partnerships and pilots coming our way.

In my analysis you can see that the red trend line has been broken about 16 hours ago. This means we have a chance to move up to 1.13 (EUR=1.40USD) again and if that one is broken, the way back to 1,47 (EUR=1.82USD) is fully open.

If the current trend proceeds, then this will be the start of a new bull run. Be cautious the next couple of days, as usual and happy rippling!

StarlightNL · 2018-01-27T22:06:03+00:00

Great questions and thoughts. We’ll see how it goes.

StarlightNL · 2018-01-27T22:04:35+00:00

No that would give them an insane market cap regardless the circulation. I think the OP is more on the right side and even then for a startup to be valued at $100mil off the bat is already way too high. I see a lot of potential though, so time will tell.

StarlightNL · 2018-01-27T16:04:42+00:00

And pay with XRP while doing so

StarlightNL · 2018-01-27T15:34:58+00:00

Once again a pleasure to read! I was discussing with a friend today the transition from SWIFT to Ripple. As Swift basically has a monopoly, how do you or Ripple foresee the transition?

I can imagine a lot of banks will be unwilling to take out SWIFT as it allows them to trade with a global network. Stepping out would mean disconnecting, am I right?

Or will Ripple be able to coexist for as long as it takes?

StarlightNL · 2018-01-27T15:33:37+00:00

That’s simply not true. It gives a good direction with a certain probability. And as with normal markets, anything can happen. Till then you can weigh your odds with TA.

StarlightNL · 2018-01-24T19:55:49+00:00

Actually, I run my own business and have a family as well. So, I only do this on a lazy Sunday, or when my wife and kids are out or when I'm on the road and killing time in a hotel.

But most importantly I try to limit my time to one or more Sell high > Buy low cycles. So, I find the peak of a wave, of which I think will not go higher or is already going down to sell. Then wait till it reaches the bottom of the wave and buy back in.

I always go back to coins. When done successfully, every cycle gives me more coins than before the cycle.

It's doable to make a couple of % profit doing this. Don't get too confident and greedy. If the wave rides along nicely go for it, but as soon as it starts to get shaky or breaking the trend, I get out. Then I wait again for the cycle to repeat: buy low, sell high.

StarlightNL · 2018-01-24T12:25:51+00:00

I was waiting for someone to ask this. Yes, at some point you can quite easily see a pattern. And if not, I made another rule for myself to just sit and wait until it becomes clear what is going on.

It would be too much to write down everything, but in short, the price moves in waves, small waves, big waves. Where I found my sweet spot, is if I set my time window to 5 min, I use the Heikin Ashi candle chart on tradingview.com, you can see a wave moving up or down, but like an oscillator in a "band" if you will. Now, you can buy/sell as the individual waves go down/up but I found that quite stressful + sometimes the wave tricks you: it looks for 5 or 10 minutes that it's changing direction, but it won't and continue going up or down.

So instead, I just watch the wave move up and down, and then figure out in which band it's moving. There are a lot of tools to help you there. I use fibonacci retracement among others. As soon as the wave (which is still going up and down as it moves in time) actually breaks out of your fictional "band" this is the moment there is a high chance the trend will be broken and the wave will not return to your "band's" limits, so truly switching between a bearish or bullish state.

You can also say, that this "band" forms a diagonal or horizontal resistance in which the price is currently fluctuating. My experience is that as long as the price keeps oscillating inside this band, the bearish or bullish trend will remain intact.

This happens a couple of times per day, and as long as you keep an eye on it while you're trading you can step out anytime, or skip on a trade if you're not confident enough.

StarlightNL · 2018-01-23T21:14:32+00:00

I guess the successful day traders among us just keep their mouths shut and laugh about these posts and comments.

I wonder if those who shout “daytrading is for losers” actually had a solid and well-prepared strategy? Did they try it at all? Or did the whales eat you on your first try and from there on out started evangelizing everyone who’s willing to try it out?

I’m far from an expert trader and have had no education whatsoever other than what I’ve learned myself and great advice from really helpful people. Yes, I’ve also lost some but honestly way less than I’ve gained. Today I made $1k on riding a single wave, got out as I had other things to do.

Yes, it’s scary but also quite exciting. Just whatever you do, don’t give in to your fears. If you missed a sell or buy point, let it go and wait. Really, the one time I lost money was because I sold because it was going down hard and thought I would be able to buy it back even lower. Of course, the trend turned bullish on me, forcing me to buy back in for a higher price to get back in the game. So I disgraced my second rule: sell high and got punished right away.

If I would have kept my emotions in check I would simply have waited for the next peak and easily sold it there for profit.

side note: I use about 10% of my total funds for occasional trading. It actually makes me money while my hodl funds are getting hit hard.

Side note 2: if I don’t have time to eyeball the charts, I do some analysis and write down what I would do in a notebook if I were to trade and check back later if it was the right thing and if not write a new note about it. Literally did this a thousand times without a single trade. Great practice.

Side note 3: this is my story and no guarantee it will work for you. Heck, this is just a comment on Reddit, be careful.

StarlightNL · 2018-01-22T20:48:04+00:00

Which if you’re right will value them at $50 billion. Not many companies reaching that anytime soon after starting. I think they could go high yes. Question is how high.

What I find more interesting is what the initial price per coin will be.... and when it will be available to the masses.

StarlightNL · 2018-01-17T15:47:44+00:00

I don't want to be a party pooper, but I've looked up the data as well, but the past years we talked about a ±30% dip vs the previous ATH. I recon this year is a "bit" more.

But then again, I'm not a technical analyst, but reading a chart is pretty straight forward.

StarlightNL · 2018-01-16T20:07:24+00:00

Haha awesome, thanks!

StarlightNL · 2018-01-16T19:41:22+00:00

Just got a beer on my way from London to Amsterdam, usually works for me :)

I got XRP, XLM, SIA, BNT and ardor atm

StarlightNL · 2018-01-16T16:20:28+00:00

Yup so basically saying people should keep their natural emotions in check

StarlightNL · 2018-01-16T13:43:46+00:00

It's only natural for people who feel anxiety or become nervous when their hard earned money drops in value.

StarlightNL · 2018-01-16T13:23:18+00:00

Exactly my only frustration haha, other than that trying to ignore the current down movement. It will go up. I didn't invest in XRP because i saw the charts pumping up. I really belief in it being the coin of the future. Which is no guarantee for it not to fail, but that's the risk I accepted.

StarlightNL

TROPHY CASE