Advice on trends - page 3. | Bitcointalksearch.org

wmaurik

hero member

Activity: 2058

Merit: 710

Quote from: izsara on December 18, 2021, 04:02:50 PM

you have to see first, of course, if the market is like now which coins are suitable for adoption or what projects are really suitable to be monitored because not all coins and not all projects can be followed and can be profitable even though the market is like this.
need further observation on this matter, lest you so easily assume that all coins will be profitable

For old coins, you can always look at the top 10 coinmarketcap rankings but for coins from new projects you can see RPG and Xircus before they both return at high prices so the chance of profit is very small.

izsara

member

Activity: 924

Merit: 15

Quote from: Kodok Bencot on December 18, 2021, 10:55:02 AM

This is natural, market trends are always interesting for us to follow, if the market is red then this is a good opportunity for us to buy, there is always an opportunity to profit from crypto and this is what makes crypto investment a trend and attracts everyone including millionaires world.

you have to see first, of course, if the market is like now which coins are suitable for adoption or what projects are really suitable to be monitored because not all coins and not all projects can be followed and can be profitable even though the market is like this.
need further observation on this matter, lest you so easily assume that all coins will be profitable

virasog

legendary

Activity: 2954

Merit: 1159

Quote from: 2tang on October 03, 2021, 10:21:21 AM

Quote from: errorcode99 on October 02, 2021, 05:52:39 PM

Just like you don't know when to buy or trade, so many people here have the same attitude, meaning if we decide when to trade and someone else comes at the same time then it will be an opportunity to make a good day trade. But when many don't act in the opposite scenario then the market won't move in your favor.

The opposite direction in the market will always occur because the cryptocurrency market is always very lively, so there is no need to wait for the best time to trade as long as you still have capital so you can immediately set up a good strategy for each trade.

For trading, you obviously don't need a bullish market. If you know to trade, you can trade by shorting the market in the bear trending market.

My advice will be to learn the trading first and then you can trade in any market conditions.

gamer4156

sr. member

Activity: 1008

Merit: 250

Exchanging toward the end of the week is calmer than during the week will just happen once the market balance out. I could say this is on the grounds that it happened months prior before bitcoin soaring.There's no adequate confirmation that a specific time period would truly be the best spot for you to make out exchanges however some way or another putting together off with respect to some perception then you can make out assumption.

Benefactor

hero member

Activity: 1260

Merit: 504

You limit your danger both on the potential gain and drawback and you don't need to stress over getting tops or bottoms. Leads for a more peaceful method of collecting also. You hear yet rather make a fast procedure and judgment dependent on market response when you do the exchange and exchanging toward the end of the week is calmer than during the week will just happen once the market balance out.

Kodok Bencot

full member

Activity: 994

Merit: 101

This is natural, market trends are always interesting for us to follow, if the market is red then this is a good opportunity for us to buy, there is always an opportunity to profit from crypto and this is what makes crypto investment a trend and attracts everyone including millionaires world.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: Raflesia on October 03, 2021, 03:25:09 PM

Quote from: Pamadar on September 29, 2021, 08:41:59 PM

Combining knowledge is really important, not just to focus on one information but to make it wider to anticipate closer.

You have to be more keen in finding deeper knowledge about the venue that you wanted to invest your money,
not just the trend, but all possible information that will give you deeper idea in to how you will execute your investment.

The more you follow the trend of the news behind, the more you'll understand and form a good strategy to work with certain opportunities.

Now knowledge is important because this is very broad where we need accurate information about trends that are happening in the market as well as about NFT games and other types, and indeed this depends on the criteria so I will find out more about what I invest and much more than that.

Forming a strategy does take time in trading and controlling our emotions and in our greed we must be able to combine it with our other knowledge, usually it will be a good thing, and we focus more on trends that are happening not just analysis.

Forming a good strategy by combining all the knowledge that you gathered while you are inside this business.

Many traders failed as they mostly followed their emotions, thinking that the market trends mostly gives them a high chance of gaining profits, not knowing that if you got left behind, you'll just going to waste your invested money.

Think wisely and use all your experience before joining whatever trend the market offers you.

JeWay

hero member

Activity: 952

Merit: 503

Quote from: ?? on ??

NFT is the future and NFT gaming is so underrated now!
For example DKT DuelistKingNFT is a nice long term project. I'm into NFTs now, so I think you can find it helpful as well.
https://duelistking.com/

I also wonder why some newbies really like NFT, even though at this time there are so many good coins that are useful and they can use for important things and can also benefit them in the future, not only about NFT.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Quote from: Pamadar on September 29, 2021, 08:41:59 PM

Combining knowledge is really important, not just to focus on one information but to make it wider to anticipate closer.

You have to be more keen in finding deeper knowledge about the venue that you wanted to invest your money,
not just the trend, but all possible information that will give you deeper idea in to how you will execute your investment.

The more you follow the trend of the news behind, the more you'll understand and form a good strategy to work with certain opportunities.

Now knowledge is important because this is very broad where we need accurate information about trends that are happening in the market as well as about NFT games and other types, and indeed this depends on the criteria so I will find out more about what I invest and much more than that.

Forming a strategy does take time in trading and controlling our emotions and in our greed we must be able to combine it with our other knowledge, usually it will be a good thing, and we focus more on trends that are happening not just analysis.

sana54210

legendary

Activity: 3178

Merit: 1128

Quote from: Russlenat on October 03, 2021, 04:37:49 AM

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.

2tang

sr. member

Activity: 1414

Merit: 259

Undeads.com - P2E Runner Game

Quote from: errorcode99 on October 02, 2021, 05:52:39 PM

Just like you don't know when to buy or trade, so many people here have the same attitude, meaning if we decide when to trade and someone else comes at the same time then it will be an opportunity to make a good day trade. But when many don't act in the opposite scenario then the market won't move in your favor.

The opposite direction in the market will always occur because the cryptocurrency market is always very lively, so there is no need to wait for the best time to trade as long as you still have capital so you can immediately set up a good strategy for each trade.

hodlvalley

jr. member

Activity: 41

Merit: 1

GameFi and NFT projects are the two key areas I am currently watching.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: Wakate on October 02, 2021, 06:28:52 PM

Quote from: rhodelmabanal on August 09, 2021, 05:46:37 PM

My advice on trends is to control emotions, I see so many panic buyer when the market starts to rise, sometimes the people that is so excited can make a bad decisions that will lead to losing so think twice, bull trap is sometimes happen so we also need to be more careful when the crypto market begin or starts a new trend.

Trading is not easy to analyze so it's good to learn the skill of trading very well before attempting to trade. Emotion can be deceptive even when analysis is correct, so emotion needs to be work on well to avoid quickly leaving a trend at the early stage cause the market can decide to do a fake out that will make traders to be afraid and leaving a trend that can give a good profit.

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.

Wakate

hero member

Activity: 980

Merit: 519

fillippone - Winner contest Pizza 2022

Quote from: rhodelmabanal on August 09, 2021, 05:46:37 PM

My advice on trends is to control emotions, I see so many panic buyer when the market starts to rise, sometimes the people that is so excited can make a bad decisions that will lead to losing so think twice, bull trap is sometimes happen so we also need to be more careful when the crypto market begin or starts a new trend.

Trading is not easy to analyze so it's good to learn the skill of trading very well before attempting to trade. Emotion can be deceptive even when analysis is correct, so emotion needs to be work on well to avoid quickly leaving a trend at the early stage cause the market can decide to do a fake out that will make traders to be afraid and leaving a trend that can give a good profit.

errorcode99

member

Activity: 180

Merit: 46

Quote from: estheblessed on March 05, 2021, 05:51:24 PM

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

Just like you don't know when to buy or trade, so many people here have the same attitude, meaning if we decide when to trade and someone else comes at the same time then it will be an opportunity to make a good day trade. But when many don't act in the opposite scenario then the market won't move in your favor.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: robattfield on September 29, 2021, 11:27:43 PM

Quote from: ?? on ??

Quote from: Pamadar on September 29, 2021, 08:41:59 PM

snip

One of the keys to successful investing in crypto is having extensive knowledge in the crypto world. With extensive knowledge we can find out
what strategies are best used in order to generate profits. Having knowledge can also make us always aware of what trends are currently running,
so at least we can have an idea where the crypto market will move. Therefore people who fail when investing in crypto, they do not have
knowledge about the crypto world, so they don't understand how the crypto world works.

I agree that knowledge is important, but not everyone knows how to capture that knowledge, and sometimes many people get lost in the vast knowledge of the market.
Clearly defining what you intend to research is really necessary, the trends in the market are not too difficult, through practical experience, identifying trends in the market.

More experience will lead to a better understanding of the market, as you go further, you will continue to improve your strategy until you will be able to familiarize the market movement, sometimes we are too attached to our emotions that even a simple trend will become complicated.

It's very simple, when it's bullish you can ride but always be cautious to drop or sell it at the right timing, if you are buying to hold longer, then it should not be in the bull run, wait for the market correction first to get the best value, and always be patient in order to do it successfully.

robattfield

full member

Activity: 783

Merit: 108

Quote from: ?? on ??

Quote from: Pamadar on September 29, 2021, 08:41:59 PM

snip

One of the keys to successful investing in crypto is having extensive knowledge in the crypto world. With extensive knowledge we can find out
what strategies are best used in order to generate profits. Having knowledge can also make us always aware of what trends are currently running,
so at least we can have an idea where the crypto market will move. Therefore people who fail when investing in crypto, they do not have
knowledge about the crypto world, so they don't understand how the crypto world works.

I agree that knowledge is important, but not everyone knows how to capture that knowledge, and sometimes many people get lost in the vast knowledge of the market.
Clearly defining what you intend to research is really necessary, the trends in the market are not too difficult, through practical experience, identifying trends in the market.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: ?? on ??

Quote from: errorcode99 on September 28, 2021, 11:46:21 AM

There is no specific time for this one, anything can happen in a day and it's hard to say that can't guarantee that. If you trade, make your time frame a little longer and use indicators to anticipate future trends, but never expect it to happen completely, keep track of market price trends.

Monitoring market price trends will also not help much unless you also monitor all news about cryptocurrencies that can have an effect on the market and cryptocurrency prices in the market, so not only timing is needed in terms of trading, but several other things that can support trading as well needed.

Combining knowledge is really important, not just to focus on one information but to make it wider to anticipate closer.

You have to be more keen in finding deeper knowledge about the venue that you wanted to invest your money,
not just the trend, but all possible information that will give you deeper idea in to how you will execute your investment.

The more you follow the trend of the news behind, the more you'll understand and form a good strategy to work with certain opportunities.

tabas

hero member

Activity: 2954

Merit: 725

Top Crypto Casino

Quote from: Twinkledoe on September 28, 2021, 07:59:03 PM

Quote from: tabas on September 28, 2021, 07:56:15 PM

Quote from: wmaurik on September 28, 2021, 03:11:43 AM

Cryptocurrency is not only about games that only provide a play-to-earn concept, but more about benefits and also certain products for the public so that it can make it very famous through trading in the market, so it's not just a temporary concept like you think say that.

Yes it isn't but it's a trend today and we don't know if this trend will continue for the next years to come. We may we see another trend next year and might stomp these P2E's feature with a better way of profiting.
Before which is still on going today are the yielding and farming.

Market trend is a very subjective matter. A lot of factors are in play so it is really hard to predict on what may happen to the coin few hours or few days from now. And more on few months or years from now. If you are holding a coin, don't rely on speculations from others as they are just predicting the market. Better follow the developments of coin itself and gauge where they are heading to.

Those coins depends on what you're talking about. If they're the known coins then their days are predictable because they have a larger volume than the random altcoins.
I agree about following the development, it's what you needed if you're looking for that altcoin and have seen that it has the potential to grow.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Just try to trade on different time zones and not the differences. After 1 month, try to compare the results and check your profitability rate on each session. Btw, it is better to trade on daily small timeframe charts during NYC and London zones. Checking price reaction to the different time zones will add a lot of experience in your trading journey, you will get an idea of why prices keep declining on specific Asian sessions. New York opening bell causes huge pump on forex markets and this surely affects the global markets included the cryptocurrency market.

Topic: Advice on trends - page 3. (Read 1316 times)