Anyone who claims that they are able to spot thees trends are either a lunatic or trying to get your money in one way or another.
The fact of the matter is that TA, especially backwards looking TA, is simply not feasible long term for someone who is looking for a profit.
Instead of trying to spot trends, why not try to spot fundamentals and hold onto coins that you truly believe in for the long run? E.g. I would comfortably hold ETH no matter what price level it's at.
Topic: Advice on trends - page 2. (Read 1369 times)
I find the weekend movement more impressive. The fluctuations experienced during the week are generally more aggressive than the weekends.
I will suggest everyone to follow if you want to get much much profit. Because if you observe crypto space you will find out that those people who follow previous trend like metaverse project they got huge profit because all metaverse project pump about 2x to 10x while those people who follow recent trend of web 2.0 they also got huge profit so that the reason I select trend to follow
ETH and LTC are also showing a fluctuating chart like other cryptos. What matters here is stability and growth rate rather than fluctuations.
Currently both are not growing well and both are experiencing price drops because Bitcoin is not getting better in the market for now so there are many Altcoins that are also experiencing a very large price discount. 
With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?
Appreciate any input ... thanks
I personally can not say for sure, I've never really paid attention to notice how the Ethereum and litecoin market behave during the weekends, but I guess is that it won't be any difference from other coins.Appreciate any input ... thanks
Trading Cryptocurrencies is not like trading Forex yet, if you were once or still a Forex trader who wants to trade crypto too, then understand that crypto currency and forex trading are two different worlds far away from each other, trading crypto requires its own strategy and that you have to build yourself as what works for another might not work for you, so it's best for you if you learn to build your own trading strategies.
Of course we should not equate crypto trading with forex trading, because they are indeed different. So not necessarily people who are successful
when trading forex will also be successful when trading crypto. Although we are indeed people who managed to make a profit when trading forex,
but if we want to trade crypto we have to start from scratch learning all things about crypto first. Moreover, the volatile crypto market makes it
more difficult to predict, so we must be willing to learn in depth about crypto, to really understand how crypto works. It is not easy to be
a successful trader in the crypto world, there are many things to learn, even I have been trading crypto for 5 years, until now I still don't stop
learning about crypto. Regarding Ethereum and Litecoin, they are still in a bearish trend, we really have to be patient in the current market situation.
Use the bear market as an opportunity to accumulate coins that we consider potential, and I think Ethereum and Litecoin are coins that have
a bright future, so don't hesitate to buy Ethereum and Litecoin.
In my opinion, don't be too influenced by the current trend, because trending coins may not necessarily have a positive impact in the future, indeed following trends can provide an opportunity to be able to get good results in investing
People who follow trends won't plan to keep the coins/tokens for a long time, they probably set a target to take a short time profits. Trends won't last for years, so those people who buy trending coins/tokens will sell them after a few days/weeks/months. So, in general, we can say that people follow trends because they know profits opportunity for a short term trading/investment. Regarding avoiding being influenced, it is a hard thing to do. Even myself, also follow trends such as buying gaming or metaverse coins/tokens. 
With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?
Appreciate any input ... thanks
Appreciate any input ... thanks
ETH and LTC are also showing a fluctuating chart like other cryptos. What matters here is stability and growth rate rather than fluctuations.
then would be always be mindful about stability and growth and thats why we do really have different targets and perceptions on things.Thing here is that you do know on how to read up a specific
trend in overall market even though it wont really be as precise but at least you do know on whats happening around.
With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?
Appreciate any input ... thanks
Appreciate any input ... thanks
ETH and LTC are also showing a fluctuating chart like other cryptos. What matters here is stability and growth rate rather than fluctuations.
I think his context is about the current condition which old coins is already reached there peak and the current price is still near on that level. Having that in mind, You can make more profit if you invest on the trending coins compared to old coins based on the current situation of the market. There's no way we will another insane growth like we see since this bull season start. There's always a long correction right after we reach the ATH and that correction is what we are experiencing right now.
Utilization must be on two sides actually, because trending coins can also be very good for the short term while for long-term savings I think choosing old coins that are already popular will also not be wrong because both things are still equally profitable even though the duration is far different. legendary
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With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?
Appreciate any input ... thanks
I personally can not say for sure, I've never really paid attention to notice how the Ethereum and litecoin market behave during the weekends, but I guess is that it won't be any difference from other coins.Appreciate any input ... thanks
Trading Cryptocurrencies is not like trading Forex yet, if you were once or still a Forex trader who wants to trade crypto too, then understand that crypto currency and forex trading are two different worlds far away from each other, trading crypto requires its own strategy and that you have to build yourself as what works for another might not work for you, so it's best for you if you learn to build your own trading strategies.
With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?
Appreciate any input ... thanks
Appreciate any input ... thanks
It will be more easier and continent for you to do DCA. You do not have to stay Infront of your chart to monitor the market and wait for the perfect timing. Because once those situation occurred they immediately broken. So just keep DCA until your initial investment doubled and after that put your seed money out and raid the wave as long as market remains in your favors.
In my opinion, don't be too influenced by the current trend, because trending coins may not necessarily have a positive impact in the future, indeed following trends can provide an opportunity to be able to get good results in investing, but if we are wrong or late in make a decision it can be fatal with the investment that we do.
I think following the trend is a very good thing in investing in crypto, but not everything that is trending can provide positive things in the future, but we must be able to take advantage of this opportunity well, otherwise you will experience big losses later, it would be better if you focus on coins that have strong fundamentals so that the coins you invest in can last a long time without having to depend on trends that occur in the crypto market.
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Following trends, of course, it doesn't matter, I also often invest by following trends, for example the coin meme, NFT and now the latest trend is Metaverse, by following trends we can get big profits rather than just holding old coins.
Your thinking in my opinion is a little wrong, don't you imagine those who bought Ethereum in 2018 have become billionaires last year ? and that includes old coins as a very real example to everyone and you actually, because trends can't always be good for everyone, let alone those who are late to take advantage of them.I think his context is about the current condition which old coins is already reached there peak and the current price is still near on that level. Having that in mind, You can make more profit if you invest on the trending coins compared to old coins based on the current situation of the market. There's no way we will another insane growth like we see since this bull season start. There's always a long correction right after we reach the ATH and that correction is what we are experiencing right now.
There might be many reasons behind this. First reason is adjacently to what you guessed. weekends considered as holiday. People aren’t robot who'll work daily, so they might be take rest by quit trading. Besides they also sell some portion of Their Capital to buy things what they need. Thats why we notice Not only eth, ltc but also whole crypto industry turn into red for while during weekends
What you say is true, too, but being ignorant is definitely not good mate, because the red market is not only because of traders who have sold their assets, but it could also be because of old investors and new investors who have not entered the market at the time This results in different conditions in the market as you can see now.
There might be many reasons behind this. First reason is adjacently to what you guessed. weekends considered as holiday. People aren’t robot who'll work daily, so they might be take rest by quit trading. Besides they also sell some portion of Their Capital to buy things what they need. Thats why we notice Not only eth, ltc but also whole crypto industry turn into red for while during weekends
Following trends, of course, it doesn't matter, I also often invest by following trends, for example the coin meme, NFT and now the latest trend is Metaverse, by following trends we can get big profits rather than just holding old coins.
Your thinking in my opinion is a little wrong, don't you imagine those who bought Ethereum in 2018 have become billionaires last year ? and that includes old coins as a very real example to everyone and you actually, because trends can't always be good for everyone, let alone those who are late to take advantage of them. 
Following trends, of course, it doesn't matter, I also often invest by following trends, for example the coin meme, NFT and now the latest trend is Metaverse, by following trends we can get big profits rather than just holding old coins.
Of course as long as it can be useful and make a profit it's fine to follow the trend and that's a positive thing,speaking of which Metaverse is a potential project and it will continue to grow and become big in the future,
Let's hope that's the case and let's see what happens next
That's the right thing to do, a plan is a strategy that you will have to follow if you wanna play this risky game, however, if you don't have the discipline to do it, even if you have a perfect plan, it's still useless if you cannot effectively implement it. It's a process, starts with a plan and ends up with the execution and the last part is always the most crucial part.
Discipline plays a big role when you are into this investment. Emotion control saves you a lot of mess.
With good management of your set plan and good disincline with your emotions, everything will take in the right place,
whatever system you have.
I really believe that it's a bunch of combination before you really excel into this business and enjoy all the benefits..
There's a simple solution to that, don't trade if you can't control your emotion, the most important thing is the implementation of your plan because that would determine the outcome of your trading activity, even how good your plan is, it will only stay in the paper if you can't implement it well.
If you could plan ahead of what you are going to do, then you could make a lot more money.I personally feel like there are too many people who set out on a road and then switch lanes right in the middle of their path.
If you have a plan that you want to follow and then you do it, it will probably be a good one and if not at least you can see what was wrong on that plan. However when you set out to do one thing and change your idea in the middle and do something wrong then you will obviously know what is wrong which was the idea change, which you will regret but you can't learn from it, all you will realize is that you should not change your idea in the middle.
Just write down what your plan is with that investment, and do not change it, just keep on doing what you set out to do and keep doing that for a long time. Obviously it will be hard to not touch it when it is going down, but that is how you can make a profit, when you do not touch it and wait for it to recover.
That's the right thing to do, a plan is a strategy that you will have to follow if you wanna play this risky game, however, if you don't have the discipline to do it, even if you have a perfect plan, it's still useless if you cannot effectively implement it. It's a process, starts with a plan and ends up with the execution and the last part is always the most crucial part.
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