Trader X - Official Channel

2021-03-21 02:38:23 Decentralize your Search ?

Regardless of how many rivals enter the room, Google has always had a stranglehold on the search industry. The second and third positions, Duckduckgo and Bing, respectively, only account for around 10% of the overall search market.

It is also common knowledge that Google monitors its users. Since any search project, like Google and Duckduckgo, uses centralized servers to store and transfer information, the projects that promise you better privacy might not be as safe as you think. (Data leaked detected).

Why just one company should gather so much power anyway ?

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Here enters Presearch, unlike all other search engines, does not rely on centralized servers to operate its decentralized nodes; instead, it relies on community users to do so. Presearch do not link your searches to your online identity, while strips away any identifying information from the search query before sending it through the search infrastructure.

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In addition to a decentralized and community focused ideology, the Presearch team recognizes that besides privacy, the web searches themselves are valuable, and they have set up Presearch to actually reward users for making some searches .

So you can actually receive PRE tokens for searching.

Yet here comes the drawback. PRE token is an ERC20 token. As a result, withdrawal of balance is only possible until you have earned at least 2000 PRE tokens, so as to withdraw 1000PRE, while you receive around 0.12 per search. So, you have to do some serious searching out there to get your profit.

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Are you interested for some passive income ? Keyword Staking it is. By keyword staking, Token holders stake their PRE tokens against a specific word or phrase (a.k.a. keyword) in exchange for the right to have advertisements shown on search result pages whose question matches the staked keyword.

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The current Market cap of Presearch is only 40$ Million (potential gem ) with a circulation Supply of 396 $Million.

On the one hand, someone could say that Presearch will fail, as it competes a huge and powerful corporation like Google. On the other hand, Presearch’s ideology about privacy & decentralization while the rewarding system are quite alluring and offer the potential for huge mass absorption. Are you interested ?

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Just download it as an extension in your Brave browser for double benefits (BAT earnings through ads) Open / Comment

2021-03-20 02:05:21 Possible moves when your crypto portfolio is down

When you enter the crypto market for the sake of holding some potential , you have the simple goal to make money through a few years, correct ?

Not only you, most holders I suppose, but in each type of market someone wins, someone loses. This the market, and this is life

So are you planning to win in this marathon ? just don’t worry about some minor market fluctuations. Yes, I know how you feel when your precious is down, while waiting for a long time for some return.

In this case, if the crypto market is correcting or more specifically your precious is correcting, here is a few things to consider :
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** Do Nothing ! forgive me traders Don’t take it for joke but, in most cases, it is the best option and a profitable virtue. If your precious worth it, the dip will be temporary, while the bounce will be fast, are you fast enough to catch up with it ? And here is good stuff, you don’t spend your time while your psychology isn’t being affected that much.
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** Look at the big picture. From a technical side of view, a longer time frame helps you get a better idea about the market trend. For example, maybe we are on an uptrend, but for some reason correction happens. Yet, this correction may be a healthy one, plus it is an opportunity to buy more.
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Yet, from a fundamental side of view, you should also reconsider your choice of investing in this crypto. Is its technology or its community or its partnerships really contribute to its long-term growth ? Maybe there are fundamental reasons that your crypto is down.
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** But, once again, diversification will save the day. Detect these top-performed cryptos, spread your funds accordingly, while risk will follow this path.
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** Most short term investors or traders are fans of stop-losses so ass to cut losses if their asset fall

But for long term holding it is not recommended guys, chances are, you will not be able to catch up with the bounce after fall. Instead, successful long-term investors have considered these corrections through risk management beforehand. Yet, a stop-loss may be beneficial if you have invested in a shitcoin, so do your fundamental analysis wisely. Open / Comment

2021-03-20 02:05:17 Open / Comment

2021-03-19 16:24:23 Vague prediction: End of BTC bull cycle, start of Alt cycle soon, end of crypto and equities bear market after this Open / Comment

2021-03-19 00:15:04 Market Manipulation : Pump & Dump

There are numerous forces at work that manipulate the markets and steal those hard-earned cash. Sites sponsored by companies, Youtubers or Influencers who “advice you” how to become a Millionaire in 3 months etc. are some of these bad guys out there.

This can be incredibly frustrating for most of crypto enthusiasts who have just done their fundamental analysis and try to break into the market.

Market manipulation is not something that is exclusive to the crypto markets. Some of these have been used in traditional finance markets for a number of years. The only difference is that many of these tactics have been outlawed by the SEC.

In pump and dump scheme, market participants will try to pump the value of a coin until it starts gaining attention. Once other unwitting traders start jumping into the markets then the group dumps the coin on them at a handy profit.

Pump and Dumps tend to happen in low market cap coins. You don't need a lot of crypto in order to pump these low cap altcoins.

Moreover, a lot of these pump and dump actions well coordinated, such as groups Reddit, Telegram etc.

Indeed, many of those who could get burned by a pump and dump are those that are late to the pump.

Another thing to consider is where the coin is listed. Generally, pump and dump err we'll choose those coins in which there are limited listing

Pump and dump schemes may happen on a particular exchange even if it is listed on more than one. In this case you can view it with suspicion if there is a lot of price and volume movement on only one exchange.

Another important metric of manipulation is exchange volume. If volume seems to have come out of nowhere prior to a price increase, then it could be a result of a nice coordinated action.

So, if you can't really understand why coin is pumping then don't just buy it (Doge coin spotted). Just remember a dump often also harm those who think they can profit from it. Open / Comment

2021-03-18 23:39:22 https://www.tradingview.com/x/hhZxJLaR/ Open / Comment

2021-03-18 23:37:57 Do you see it? Open / Comment

2021-03-18 23:37:45 https://www.tradingview.com/x/QNW6CQEw/ Open / Comment

2021-03-18 23:37:38 https://www.tradingview.com/x/aiff6jYf/ Open / Comment

2021-03-18 20:50:53 ETH USD ————— The ETHBTC chart translates to a pullback on ETHUSD on the 1.6k area, strong Daily demand zone that would generate the necessary liquidity for a move higher. https://www.tradingview.com/x/7VWnxiqn/ Open / Comment