MaidSafeCoin (MAID) - Price & Trading topic (Part 1)

Mooning NOW !!!

1 Like

Now buy the dips, don’t fomo!

3 Likes

Surfing the waves

1 Like

Biig drop in prices - the whales are playing

1 Like

I wouldn’t focus too much on the short-term trend, it’s really about next few months down the road. Better way is to use a 20/50/100 MA on a weekly chart and buy based on this trend. What we see now is that there are still some/a seller(s) who desperately want to get out. On flip side the weekly golden cross is nearby, and these long-term average are what we really want to see cross over.

6 Likes

I’m just playing with <1000 MAID on each trade. The long term strategy is to buy and hold, just earning a little on the waves each time

2 Likes

One could argue this current pump was caused by ‘a broken logarithmic resistance line’ from those two weekly wicks. That order book vacuum is now ‘wanting’ to discover those higher prices where people bought after being suppressed for so long by sellers who closed the candles down all the way.
I believe 2357 (open of major candle 1) and 1655 (close of major candle 2) are the two interesting btc prices it wants to go after.

But this is pure speculation for now until proven.

1 Like

ya that’s what I do to. Play the waves but long term goal is for the profits of that to end up as just more MAID :slight_smile:

3 Likes

I mostly use daily and weekly to get entries based on MACD, RSI and Stochastics.

Daily MAID/BTC

Weekly MAID/BTC

4 Likes

Is there a ‘most likely’ limit—to graphs in terms of trades and time, based on ‘predictable’ patterns—before it starts ‘most likely’ trending in the opposite way, given that a project isn’t actually dead or dying and therefore has this? (Technically this project isn’t dead or dying in the slightest. Another way to put it is I think I’m meaning solely in terms of graphs not being “sideways”.) …For instance, flipping a coin 10 times has a potential to land on heads every time, and it can keep landing on heads after that but has a much less likelihood to do so, much like how traders’ interest eventually gets tired of their stock ‘landing on heads’. (I guess not-being-sideways mainly depends on the quality of interest of investors looking at and intending to trade with a particular stock.) Obviously the limit is theoretically approximately infinite, but in almost all scenarios there’s a super likelihood of a trend changing after a ‘most likely’ particular limit of time (of course being relative to all the previous patterns leading up to the trend change). Or… it could continue its trend without changing, and actually move more steeply, but that would be a universal change to a whole community irrespective of all this, such as the entirety of crypto heavily changing i.e. an unexpected change in investors’ whole reality, making them forget about the game of heads or tails.

2 Likes

No, the probability to get a head is still 50% after that.

5 Likes

See also gamblers fallacy

For gambling which is based on events the gamblers fallacy is correct, but stock trading also deals with perception of events so there’s some Bayesian aspect to stock trading which means yes past information can be fed into the probability function and change the expected probability for the next event(s).

So I think @Audity got the right idea (past events do have some impact on future events) but the wrong example (using coin toss events instead of stock trading events).

7 Likes

I believe Audity phrased it somewhat funny, but the Gambler’s fallacy does not apply here, because I for one didn’t get from it he believed the probability of heads on a coinflip ever goes bellow or over 50% due to the number of attempts. I think he implied the chance of consecutive heads on every coinflip in a series goes down with the number of attempts, which would be correct.

2 Likes

Piluso exposed once …
can be applied to SAFENET …

An idea is not an invention, an invention is not a prototype, a prototype is not good, a good is not a product and a product is not a business …

But, would it be a good business to hold with maidsafecoin ?? I need comrades, I’m in trouble … and some say it will take a long time to see the price rise … Any ideas???

1 Like

MAID/BTC on Bittrex, whales coming to play?

2 Likes

Decent buy order there!

5 Likes

That order disappeared very fast. Someone with a lot of MAID is very keen to sell around 10~11 cents

2 Likes

Progress is being made as they say but the price continues to hate us. What a wild ride back to the 8’s.

4 Likes

Even if maid goes to $10 I can’t sell it as a US citizen. Its listed on only two exchanges that are not open for US citizens. Imagine it goes to $100 and I can’t sell it, lol

4 Likes

Don’t worry friend, decentralized exchanges are for this and are gaining strength …

2 Likes