How to buy or sell Litecoin for Profit!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
5 Litecoin Order Types
Order Types
a) Market order
A market order is considered as a buying and selling order, which should be executed based on
the current market prices. Market orders are utilised when execution certainty is prioritised by
investors on the execution of price. Investor produces market orders by using brokerage service.
b) Stop order/loss
1. The investor places a market order for the selling of any LITECOIN at a certain price level
determined by the investor. This can enable the investors to limit the generation of loss in
their investments or a security. The stop-loss order also instructs the broker to buy the
security at a price defined by the investor.
2. For instance, if the investor buys the security at a price of $40, he may order the broker when
it price comes to $45, this can enable the investors to avoid of loss as a result of decreased
prices.
c) Limit order
A limit order determines a specified price level or even better prices to the broker, so as to buy or
sell the currency within the price limits specified. Lower prices limits are determined in a buy
limit order, which needs to be executed when the price gets lower. Conversely, higher price
limits are provided in a sell limit order. However, this does not provide a guaranteed order for
execution as the price limits are not defined, exactly.
d) Buy stop order
1. This order is used in buying a security when the prices increase as compared with the level of
current price offering. The order is triggered when the price of a Litecoin touches or goes
beyond the price limit provided in the order.
2. The order can be accomplished automatically and this can enable the investors to generate
profit when the prices go upward.
e) Using leverage to trade
Today, investors and different organisation use to advantage, in order to increase the returns on
their investment. A broker who handles the account of investors provides the loan to them in terms of Leverage.
Leverage is provided to the investor on the margin of his investment. If 100:1. Leverage
determines that investor has invested $1000, and then this means the amount he can trade values
$100,000. However, this can increase the investment risk, as a result of changes in litecoin
prices. If the price changes are 1% or lower than that the situation seems to be less risky, higher
price changes can lead the investor towards the huge risks.
Follow your trading plan, remained disciplined and keep learning :)
Mining
Bitcoin! Don't get stuck trying to catch a falling knifeSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Bitcoin Bullish reversal?? Think again!!
Bitcoin has broken an important support line and the next support line is around the @4500 level. From my experience trying to buy this on its way down it trying to catch a falling knife. If your desperate and want to buy into bitcoin, at least wait until Bitcoin has consolidated or don't enter at all.
Follow your trading plan, remain discipline and keep learning :)
Largo ResourcesLGORF
Vanadium Flake and high grade source to V2O5 for making high strength steel. 0.5% V2O5 will double the strength of steel. Above this it can improve corrosion protection and harden metals like in aircraft engines. It is also offering a new battery technology that is more reliable than Lithium-Cobalt-Manganese batteries. The stock has already jumped 148.5% since July and climbing back to Oct. 30 high of 3.48 from current 3.33.
Who will make Vanadium reflux batteries is my next question, anyone?
Watching from 786fibretracement and nearing Oct. 30 high.
Silver mining costs, and effects on price.We recently fell back to a long time low on Silver. Using pure technical analysis, I can see 3 major points where we could find a reversal, not including the current double bottom that may result in a reversal right now. Looking more a logical reasons why silver will go up, my recent research on mining prices are a big signal towards a bull market. Estimates on mining costs for an ounce of silver come to between $5.80, and just over $15. That means we are reaching the point where some companies are taking no profit on their silver mining. If we don't recover soon, companies will begin going bankrupt. The supply of silver will diminish greatly, and will no longer be able to meet demand. With the supply decreasing, and tech companies, and investors trying to get silver, the price only has one direction to go. That is up. I intend to buy at each flat green line on it's way down. At the lowest line, I intend to put every cent I have into silver. I see no possible way for the price to drop below $5.
AMD shortThe rise of chip stocks was due to the popularity of Cryptocurrencies and lots of speculators piling in on the mining frenzy. Due to a cool off of the Cryptocraze there will be related downtrends in AMD and NVDA as their hardware sales have dried up and so too have the dreams of an microprocessor run economy.
Don't know how much the correction will take the price down in relation to a more realistic perspective on AMD's future growth.
Support at $16 likely.
Bitcoin fundamental analysis: energy consumption unsustainableBitcoin's energy consumption is out of control.
The network's energy needs come primarily from mining. The current industry standard miner is still the Antminer S9 from Bitmain. The power consumption trend is proportional to global hash rate which continues to increase exponentially, yet innovation in the mining sector has stalled since 2016. Recent developments in 2018, i.e. 10nm ASICs from Innosilicon and 7nm ASICs from GMO have not brought any significant increases in efficiency, please see this chart .
It is unlikely that a breakdown in price from here will be sustainable for miners over any prolonged period, i.e. bear market, that is probably why market makers have prevented this from happening. Without increases in efficiency a bear market will not be possible as energy consumption is too high already.
However a bull market will lead to unbelievable energy requirements and the world is well within its rights to demand cessation of mining (which can be legislated against, indeed UK facist-liberal daily the Guardian advocates just for that Bitcoin’s energy usage is huge – we can't afford to ignore it ). It is not really possible to estimate a reliable figure due to various hidden costs (be suspicious of anyone that says otherwise), but even back of envelope estimates such as mine put Bitcoin's electricity consumption as being the equivalent of 0.2- 0.4 % of global electricity consumption.
There are simply too many miners and too much hash rate. Satoshi once said he thought in the future mining would be performed on specialised farms, of which there would be around 100 worldwide. He never considered mining pools and he didn't care much about the lack of decentralisation in mining. And I am assuming he never expected the global hashrate to reach the tens of millions of terahashes. (Currently 45,000,000,000,000,000,000 hashes/second). Koomey's Law states that computing power should double every 1.6 years on average. Well Bitcoin mining has far outstripped this and without significant increases in miner efficiency (exponential increases), proof of work in its current form is dead.
Miner Specs
Hash rate: 13.5 TH/s
Power: 1300 W
Efficiency Calculation
E = 1300 W / 13.5 TH/s = 92.3 W/Th/s (Watts per Terahash)
Weekly Power Consumption Calculation (chart)
P = Global Hash Rate * E / 1000000 * 24 hrs/day * 7 days
(we divide by 1000000 to convert from Watts to Megawatts, i.e. 1 MW = 1,000,000 W)
A diatribe on NVDAThis is my diatribe on why I am staying away from Nvidia.
There are many facets to this business that go under peoples radars, but the most important from an earnings perspective especially with the state of the general purpose hardware arms race, is the mining metric that they like to throw around and that those numbers are a lie. It's also a flat out deception that they claim to have left the mining space.
Their percentage of sales figures for mining uses comes from cards that were designed specifically for mining (IE the P102 and P106 cards). When they talk about crypto sales declining, they are talking about those cards, when they talk about profits from miners they are talking about those cards.
This has always bothered me; They never discussed this metric openly until recently when they announced they were "leaving" the crypto space, which is something they don't have a choice in. The fact is that their record sales that have created their current bull market are more based in mining operations than in gaming computers, and there is no way they could ever have a metric for mining sales unless they were discussing cards that were designed for mining. Which means they themselves are either in the dark in regard to how their GPUs are being used which I find unlikely or they are misleading the general public because the numbers they are aware of are far more grim than they want to let on.
They have somehow convinced the general public that miners only buy mining specific GPUs and that the "gaming" gpus are not being used by miners. That is a deception, the run on GPUs was not created by gamers but by miners. And with the miners not having a general interest so far in the RTX branded cards due to potential performance and the abhorrent cost there will be a fairly large gap in earnings that will be difficult to make up.
With the mining issues aside, NVDA is making a huge bet on the future of games. They are attempting to become the APPL of GPUs by locking people into their specific architecture for ray tracing performance, Apple can do this because they create a life style around their products, Nvidia will have a more difficult time convincing people to lock themselves into a single part in a PC for the foreseeable future.
Another issue that is present is the performance of the cards for the price you are paying. The 2080 and 2080ti are not showing benchmarks that highly outshine their predecessors on non ray trace specific games. Sure the RT reflections and soft shadows are really cool and add a really pretty flare to your overall gaming experience, but does it completely change the games enough for a person to spend $1200 on a single GPU? Let alone a person who is a hardcore gamer who cares more about their kill count than if they can admire themselves in the window they just ran buy. If the FPS in something like GTAV which is not optimized for ray tracing is 90 with a 2080ti and is 80 with a 1080ti the benefits are obviously not strong enough for a person to spend $1200 on.
The final thing that was bothersome to me was the tear down and benchmark embargo that Nvidia placed on the reviewers they sent early cards to, this to me would indicate that they knew the overall numbers would be disappointing and that they wanted to keep people on the hook for their preorders without trying to get a refund.
I think overall earnings are going to be disappointing, and there will be a resulting painful realization for NVDA holders. Only the future will tell, but right now things are not looking great on the horizon.
This is not investment advice, only my personal outlook on nvidia and their current state of affairs.
CCJ - NYSE CCO - TSX Powering the grid Cameco Corp. Mining Uranium stock likely recovers in breakout of FIB retracements 0.5 (recent down) and 0.382 (recent up) and near 9.81 or drop below 9.50 to 8.95-9.25 resistance.
Point of interest:
* Uranium prices beaten down since 2011 Fukashima Reactor melt-down and back-up generator cooling failures from psunami hitting Japan.
* Japan shuts down all of the 32 Nuclear Reactors to assure public safety and clean-up causing global Uranium (Ur) prices to tumble to where it now is.
* Nuclear energy is still a paid for and quite reliable energy source with proper safety measures, which Japan now has and plans to restart.
* No. Amer. power also relies on nuclear power, which Pres. Trump will not import from other countries supporting demand.
* This is one of several plays, which is safe haven mid to large-cap mining stock and away from volatility (VIX) moneyballers like, as VIX up near 5% each of last 2 days.
Viewers come to own conclusions. Like, share, comment.
ASX:MOY Institutional Investment Millennium Mining is very well run and operated. Institutions around Australia have weighed in on the success of this company and the stock price is set to soar as retail realises they are sitting on the sidelines. Conservative figures put this stock well over the dollar mark within the next year (large returns).
Spot price gold has also experienced an over-extended slump, leaving ASX:MOY nothing but positive news ahead.
A Larger Correction Might Be Underway for VALEThe Cycle Wave 5 top (and Supercycle Wave 1 top) was most probably on the week of the 14th of May 2018 (please reffer to related idea).
NYSE:VALE now seems to be on an Intermediate Wave C which is part of the Cycle Wave A down.
If this count is correct we should still expect Intermediate waves B and C.
Only after Cycle Wave C, the last part of Supercycle Wave 2, should we see the hallowed Supercycle Wave 3. \o/
Best idea for now is to step aside from the stock and wait for signs Supercycle Wave 3 is around the corner...
Ethereum death window, based on fundamental analysis Hi i hope to have good time
Today i want to calculate ETH death window based on fundamental analysis!
what's the meaning of death window ? i called lowest price and lowest time period after that all of Ethereum network crash and dead, after this price mining is not profitable and all the miner switch off their machines .
lets calculate this price:
All of us know ETH network generate new block after 14.5 seconds and today block rewards is approximately near 3 Eth.
I would like to estimate how much miner paid for electricity to generate a single Ethereum for this purpose we need to chose sample and formal miner devices and total network hashrate .
base on my experience from mining optimum mining rig with 6 GPU ( optimum GPU card ) cards are able to generate 180 MH with using 1.2 Kwh electricity,
from last published idea i found average electricity rate is 0.1189 $/Kwh .
==========================================================
how many mining rig we need to build today Ethereum networks ?
total Ethereum network speed is 287,486.80 GH/s ( refer to etherscan.io) so we need 287486800 MH/s / 180 MH/s = 1,597,149 mining rigs
this bunch of devices is using 1,916,579 Kwh,
during an hour Ethereum network generate near 757 ETH
today a single ETH cost = total eth network electricity * electricity cost / total ETH during an hour = 301 $
=========================================================
i will update this post when we are moving in downtrend again.
A dangerous descentThe price was able to overcome the next level without problems and continues to decline. At the current time the next level of support is the mark of 6.200.
Given the fall in the value of the cryptocurrency, mining becomes less profitable and may soon become unprofitable. The only winners in the fall are traders. In case of falling volumes of mining, prices may again rush down.
Since our technical indicators point for a sale, we believe that at the current moment it is worthwhile to take short positions and consider the point for fixing of the profit at the mark of 6.200.
BMN Long EWTBUSHVELD MINERALS
• BMN trading near all time highs
• Both Wave 3 and Wave iii are in motion
• Momentum studies positive
Currently trading near all time highs, Bushveld Minerals (BMN) still has room to continue higher. A rally begun with a gap after a year long consolidation period. With a high at 24.50 reached in May, BMN saw a correction back to the 17.10 level - finding support. The Elliott Wave 1 subdivided into a Minute impulse wave. Wave iv retraced 38.2% of the Wave iii advance, stalling inline with the 17.10 support level. Wave iii and Wave v tops saw bearish divergence, warning that a corrective phase was near. Wace C saw bullish divergence, again, giving a potential warning that the correction is over, and a new impulse move was about to occur.
More recently however, BMN has had a solid advance, breaking above a psychological level of 20.00, and breaking above the May high of 24.50. It has given back some of its gains however, retracing and holding the 21.70 level. This has formed a new wave i and ii count equalling Wave 3 of higher degree.
With BMN just hovering below 27.00 it has much more room to rally as it is in Wave 3 of both degrees. Though not always the longest wave, it has potential to move to 32.00. This level is the point at which Wave 1 = Wave 3. The RSI favours the bullish picture and reinforces the potential for a move higher. A possible retracement to the uptrend line is also possible and would be a great opportunity to go Long. Longs can also be entered at the break above 27.00 if a more conservative approach is preffered.
STORJ the future of decentralized Digital storage [BTFD]I featured STORJ in my post from early Nov'18
was a huge profit maker and one to watch for this year
after a good rally in last few days we can entertain some good long positions for this active coin which actually has a working product... (one of the few in crypto)
retraced from last major highs, lets meet these targets before we try for the ATH (which was based on a very very well timed token swap)
If bitcoin comes down again to lows then we might have a new floor but looking at the COP (Cycle of Power) indy it still needs some more upwards momentum, something we may see in the coming months if the markets goes more bullish on alts
HOW TO TRADE?
Aggressive traders would start buying up on the pull back, the recent rally hit the 0.786 level and dumped from there creating a possible pullback to watch
More cautious traders will wait for the fib to be broken and move up into the next gann fan area for confirmation of a bull trend
red line is the baseline trend
good trades, plz tip or leave a comment if this or other trades we select make u profits, even if its for a beer/smoke all welcomed
more on STORJ....
Storj is decentralized cloud storage that applies blockchain technology for processing transactions that are entirely safe, secure and done without third parties interfering. It is the first decentralized, end-to-end encrypted cloud storage that utilizes blockchain technology and cryptography to guard your files. Currently, STORJ is trading at $0.515 per unit. It is predicted that by the end of this year there will be a hike in the value of STORJ and it will rise to $1.27. But we cannot entirely rely on these values because fluctuations can happen at any time.
coinpriceprediction.net
$BRVRF Enters Into Agreement with Global Satellite IntegrationBlue River Resources First Step in the process of integration forward was a 30% stake in GSIL a private British Columbia Company based in Vancouver, BC. Looking forward to the next upcoming updates from this soon to be conglomerate.
www.otcmarkets.com
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2018) - Blue River Resources Ltd. (TSXV: BXR ) (OTC Pink: BRVRF) (FSE: 0BL) (the "Company" or "Blue River") ( www.blueriv.com ) is pleased to announce that it has entered into an agreement with Global Satellite Integration Ltd. ("GSIL") which agreement provides for the acquisition by Blue River of a 30% interest in the share capital of GSIL for total cash consideration of $50,000. GSIL is a private British Columbia company based in Vancouver, BC. GSIL provides satellite bandwidth and related services to mining companies. The acquisition includes a participation right for Blue River to retain its post-acquisition pro-rata interest in GSIL should GSIL issue further equity as well as the grant to Blue River of a right of first refusal by the two current shareholders of GSIL. The transaction has been accepted for filing by the TSX Venture Exchange. orders.newsfilecorp.com
GSIL and its management have extensive experience working with mining companies and government to provide Internet and telecom access to mining companies regardless of their location. Blue River recognizes that stakeholders in mining such as the local government and the surrounding community of a mine site or large exploration site require some level of corporate social responsibility as part of gaining the "social license" to explore and exploit their natural resources. GSIL can bring the internet to these communities, regardless of their location, which can enhance Blue River's relationship with local communities, where Blue River could conduct exploration or mining activities. Blue River believes that having an ownership in this expertise will enhance its ability to bid for or acquire mineral concessions and the required exploration or mining permits in rural areas of the world.
Blue River's main focus remains mineral exploration. The Company continues to explore its Castle Copper Project near Princeton, BC, on which the Company has recently received a NI-43-101 report recommending a two phased exploration program.
ON BEHALF OF THE BOARD
BLUE RIVER RESOURCES LTD.
Griffin Jones
President, Director
For further information contact:
Griffin Jones
Tel: (604) 682-7339
www.Blueriv.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
$BRVRF Continues Rising in Anticipation of its 1st UpdatesOn Feb. 27, 2018, Mr. Martin purchased 500,000 common shares of the company on the open market. This purchase increased his holdings to approximately 12.8 per cent of the total issued and outstanding shares of company.
As of the date of this report, Mr. Martin has approximately 24.55 million common shares of the company, representing approximately 12.8 per cent of the common shares of the company, plus 6.05 million warrants. If the warrants were exercised by Mr. Martin, the total shares held by Mr. Martin would be 30.6 million or 15.4 per cent of the issued and outstanding shares of the company.
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2018) - Blue River Resources Ltd . (TSXV: BXR ) (OTC Pink: BRVRF) (FSE: 0BL) (the "Company") announces that it has received a NI 43-101 report on its 100% owned Castle Copper Project located near Princeton BC.
The report was written by Mr. Sean Butler, P. Geo., and recommends a two phased exploration program consisting of IP geophysics and soil geochemistry in phase 1 and contingent on positive results in Phase 1, 2000 meters of NQ diamond drilling in Phase 2.
The area of interest that the exploration program will focus on is the Christian Creek zone where hole no. BXR 11-9 returned 198 meters of 0.04 % copper from 30 meters to 228 meters.
Several companies are exploring this region for porphyry copper deposits from Copper Mountain Mining and Sego Resources to the south, to Antofagasta Minerals to the north and Kaizen Resources in Aspen Grove BC.
The Company is reviewing additional opportunities in the resource sector as well as the non-resource sector.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
So far I have not observed any dilution and the company does not currently have any dilutive convertibles or aggressive debt. The company is clean and continues to be accumulated in anticipation of further updates which some have said could be very substantial.
This is a Long term hold for me, around 2 years. I anticipate a PPS of $10 by then given the current Share Structure.
Antminer S9 ROI: Bitmain vs Retail over 1, 1.5 & 2 yrsThis is in addition to my previous chart on miner roi for different Antminer models. The S9 is the only model making a profit now and is the only sha256 miner currently used by Bitmain according to news articles. My previous chart only looked at ROI for retail miners. Here I show estimates for Bitmain (area plots) itself who pay less for their mining equipment than their customers. I also compare with retail miners (lines). The three lines/areas represent three different amortization periods for mining equipment: over 1 year (green), 1.5 years (blue) or 2 years (purple). The longer the period over which you spread your costs the less dependent you are on BTC price so long as your miner does not become obsolete before the write off period ends. previously I only considered a 1 year write off period.
Lastly after some research I determine the average lifespan of a miner is just 1 to 2 years (www.cell.com(18)30177-6).
Area plot: Bitmain
Line: retail
Elec: 0.06 USD/kWh
Model: Antminer S9
Hrate: 13.5 TH/s
Unit cost: USD 500 (Bitmain), USD 900 (retail)
Operating time: 24 hrs/day, 365 days/year
see: medium.com
see: www.cell.com(18)30177-6
BITMAIN: Antminer S-series Return on Investment (Bitcoin)Chart shows the return on investment of Antminer S-series miners:
S1 (yellow): approx released July 2013, power consumption 2 kW/TH/s
S3 (purple): approx released June 2014, power consumption 0.71 kW/TH/s
S5 (orange): approx released December 2014, power consumption 0.51 kW/TH/s
S7 (green): approx released Aug 2015, power consumption 25 kW/TH/s
S9 (blue): approx released July 2016, power consumption 0.1 kW/TH/s
Red curve is network hash rate (proportional to difficulty).
Chart of mining efficiency (TH/s/kW): drive.google.com (blue is actual trend, red is projected continuation of pre-S9 trend)
Bitmain has not publicly released any significant efficiency upgrades since July 2016. Innovation at the mining sector's biggest player seems to have stalled. If the exponential trend had continued we should have reached >40 TH/s/kW by Jan 2018, instead we are at 2016 levels. This is either because Bitmain cannot make more efficient ASICS or because they are keeping secret any innovations they have made.
Looking at the return on investment (ROI) chart. The white horizontal line is the breakeven line. Anything above is profit. The vertical lines are release dates of the various S-model miners. We see that a new miner is released to the public just when the previous model becomes obsolete. Normally there is a lead time before delivery of several months. Bitmain have not made any announcements regarding an S11.
Despite all of this the hash rate is increasing unabated. Have Bitmain been secretly mining with new hardware or have they simply been bringing more S9s online? If they have an S11 why aren't they releasing it?
Further reading
Bitmain now mines 42 % of the entire network bitcoinist.com
June 8 interview with the Bitmain CEO Jihan Wu fortune.com
This is where I explain how to calculate the conversion factor medium.com