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Topic: Advice on trends - page 7. (Read 1391 times)

hero member
Activity: 1512
Merit: 874
August 07, 2021, 01:06:08 AM
#51
That's what I'm observing now on Ethereum. I dare say that Ethereum is more attractive nowadays in trading. I believe, what you say will happen, namely Ethereum will upgrade and gas prices will go down.
Now everyone can enjoy very affordable Gas prices on the Ethereum network, so there is not much to complain about it, and as for the price increase on Ethereum, it also still depends on supply and demand in the market, although now there is some influence which can encourage investors to keep buying Ethereum.
This means that people's complaints about the expensive Ethereum transaction gas fees have turned into cheap ones. Is what you said true?
Because so far, I have very rarely made transactions on Ethereum.
sr. member
Activity: 811
Merit: 250
August 06, 2021, 10:16:52 AM
#50
That's what I'm observing now on Ethereum. I dare say that Ethereum is more attractive nowadays in trading. I believe, what you say will happen, namely Ethereum will upgrade and gas prices will go down.
Now everyone can enjoy very affordable Gas prices on the Ethereum network, so there is not much to complain about it, and as for the price increase on Ethereum, it also still depends on supply and demand in the market, although now there is some influence which can encourage investors to keep buying Ethereum.
full member
Activity: 899
Merit: 101
August 06, 2021, 10:09:32 AM
#49
for ethereum and litecoin trends as far as I know it's never at the right time. always changing time and also seems to depend on market conditions every time experiencing a trend. and difficult to predict accurately
not only ethereum or litecoin that depend on market condition , most altcoin will have same situation too except for those have strong fundamental that released recently .

Predicting accurately is a very difficult thing because every human being cannot see any future, especially human beings who always have limited knowledge, so regarding the trend between Ethereum and Litecoin actually only depends on the enthusiasts of the two, the rest does not exist.
although the accuracy could not 100% atleast our analisys have bigger rate to have good result or profits. only  possibility that will happen to market as our prediction , which one will give best result and we follow it.
hero member
Activity: 1512
Merit: 874
August 06, 2021, 06:55:34 AM
#48
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
In my opinion, the more interesting trading right now is on Ethereum. Yesterday, just a few hours, the Ethereum price chart went up very fast. In terms of trading, I see the right time not only weekends, anytime can be good if the market situation is like this.
Some people said it's happening because of an upgrade to ETH, that's why many people think they gonna miss the chance if they don't buy, however we don't know if this hype gonna be for long or not. but if the upgrade could make ETH gas price to be lowered and not fluctuating unlike in the past, then maybe people will prefer to use ETH, but there is also Cardano that has become serious competition for ETH, It's still unclear.
That's what I'm observing now on Ethereum. I dare say that Ethereum is more attractive nowadays in trading. I believe, what you say will happen, namely Ethereum will upgrade and gas prices will go down.
full member
Activity: 691
Merit: 100
August 06, 2021, 03:56:20 AM
#47
The fact is that there is no correlation in terms of time uniformity, the chart to analyze the trend of both.  Let's see where ETH will go with the completion of the hardfork and the development of LTC.  ETH is having a good imo, it can grow rapidly anytime, but LTC will maintain the gains.
Yes, right. Not a good weekend to trade, it all depends on market conditions and situations. Currently, not only LTC and ETH, but all Altcoins are in good shape. It happened because the market conditions were good.
Let's just wait for Ethereum to finish hardfork.
full member
Activity: 658
Merit: 101
August 06, 2021, 02:54:13 AM
#46
The best advice i can give in this trend is just follow the trend. Right now the Hype is on ETHEREUM so just buy it and i think the price still can rise into $3k before the end of this week. After doing daily trade since 2017 in crypto, i just follow the trend and it give me a lot of profit from following that Hype, but don't be greedy especially if you do a daily trade when you already got 3-10% just sell it and move on.
member
Activity: 364
Merit: 10
August 06, 2021, 01:27:51 AM
#45
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
The fact is that there is no correlation in terms of time uniformity, the chart to analyze the trend of both.  Let's see where ETH will go with the completion of the hardfork and the development of LTC.  ETH is having a good imo, it can grow rapidly anytime, but LTC will maintain the gains.
hero member
Activity: 1512
Merit: 874
August 06, 2021, 12:55:56 AM
#44
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
In my opinion, the more interesting trading right now is on Ethereum. Yesterday, just a few hours, the Ethereum price chart went up very fast. In terms of trading, I see the right time not only weekends, anytime can be good if the market situation is like this.
member
Activity: 812
Merit: 53
August 05, 2021, 06:16:36 AM
#43
I am not a professional trader. But i am in crypto currency market from 4 years. So, my experience is that don't go opposite to the trend. If the trend is upward so don't take any downward trade. This trade will vanish your account balance. And as well as don't open any downward trade when market momentum is upward. Because a trader earns money according to the market trend.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
August 04, 2021, 05:57:18 PM
#42
for ethereum and litecoin trends as far as I know it's never at the right time. always changing time and also seems to depend on market conditions every time experiencing a trend. and difficult to predict accurately
The market is unpredictable and it's hard to know what will be the most accurate next move that its charts will show. Ethereum is trendy lately because of the London hard fork and that's what you should jump on.
When there is good news like the hard fork not only for Ethereum but also for other projects which is for the good of the coin, you should buy on that and eventually dump it when it's done. But for Ethereum this is a good long upgrade so I'm expecting an increase after it.
sr. member
Activity: 1624
Merit: 339
https://duelbits.com/
August 04, 2021, 08:40:27 AM
#41
In investing we certainly have a different way of analyzing the market, and it's all just a shadow and it's not certain to happen as you say, but if the increase occurs in bitcoin then altcoins will definitely follow the flow of bitcoin and this we have often seen in the market, then this trend we can rely on every want to take risks in investing ,indeed ethreum and litecoin always change every week.
full member
Activity: 1456
Merit: 120
Buzz App - Spin wheel, farm rewards
August 04, 2021, 03:12:37 AM
#40
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?
Lol, The title doesn't seem to be specific, which makes me think. If you are only interested in the trend between ETH and LTC, then I think you should focus on ETH at this time. Hardfork announcement coming soon, this is not a mere imo, it will have a big impact on ETH price. This is a pivotal period that can affect a great opportunity. I'm waiting for it, but don't forget everything that happens with bitcoins like when you go to the market you determine the shortest path.

Quote
Analysis of supply and demand is very influential,
Yep, I'm more interested in the volume of the week's trades and not expecting any price analysis charts. Lol
full member
Activity: 1064
Merit: 112
August 04, 2021, 02:10:42 AM
#39
Usually its just before weekend or after weekend market will have a big move. When weekend its usually quieter, i think its because of many trader are stock player and follow the worktime.
i don't think so. Coz base on what i know anytime you want you can trade in the market as it is always open 24/7 but unless if you have enough knowledge and you know how to pick a good coin to trade coz that's the most important especially when it comes shorterm.. If you're a beginner and still don't have enough experience when it come shorting.. I suggest educate your self first coz its very risky and you need a lot efforts as well and that's base on my experienced.
full member
Activity: 2590
Merit: 228
August 04, 2021, 01:55:24 AM
#38
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
nope there are no such thing , trending ? look at the prices now https://coinmarketcap.com/ ethereum is going great while Litecoin seems to be dumping .

To use the crypto market, you need to analyze the market well no one can know for sure without analyzing the market. Before investing you must determine your investment goals level of experience and risk appetite you can be sure about the loss and the possibility of losing the initial investment do not invest in such a way that if you lose, you will not be able to overcome the loss.
if you know how to read technical analysis then you are advantageous in dealing with altcoins because there are tons of altcoins to follow not like in bitcoin that only standing in front of all.
sr. member
Activity: 1414
Merit: 326
August 04, 2021, 12:20:06 AM
#37
To use the crypto market, you need to analyze the market well no one can know for sure without analyzing the market. Before investing you must determine your investment goals level of experience and risk appetite you can be sure about the loss and the possibility of losing the initial investment do not invest in such a way that if you lose, you will not be able to overcome the loss.
sr. member
Activity: 2016
Merit: 283
August 03, 2021, 11:18:52 PM
#36
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
there's no specific day/week/ months when they gonna tends to go up constantly if that's your concern, because market nowadays is so volatile and no one can gues when it will gonna happen.. but if you want to do day trading with it just to make quick profits then i suggest to learn more about trading, so that you know what time crypto market is active and which crypto is good to trade.
sr. member
Activity: 784
Merit: 250
August 03, 2021, 10:45:39 PM
#35

Mostly, when weekends, the price plummets and that's what you'll get to analyze.

In crypto, I don't think that there's a relation between the weekdays and weekends of crypto and stocks. But we've seen the connection of drops and pumps from stocks to crypto.

The market itself has connections for sometimes but not entirely including the days when traders are trading.
if we want to know the correlation between crypto and stock market wes should learn about intermarket analisys, it will really complicated for us but usefull for feature trade. At weekend which is other market closed and many institution also closed, it used by whales to shaking market by spreading FUD , usually when traders heard FUD around them it will easily influence them and make panic.

sr. member
Activity: 1484
Merit: 253
August 03, 2021, 09:13:22 PM
#34
Analysis of supply and demand is very influential, and also in my opinion if the project that uses crypto is carried out as expected, I am sure the next week and months will definitely go up, but the good news and everyone's desire to invest the coin is big, it will definitely go up. also. that's what I think.
One thing is very sure , that if Manipulator bets on that coin for sure it will pump with huge amount.

but also expect a dump in a matter of time.
Indeed. We must expect everything because everything happens here. We must have knowledge about trading because if we don't, we might be able to lose everything we have. Technical analysis is what we need to understand and this requires knowledge and reading graphs as well. When you learn about this already maybe even the coin decreases it's price but still you will earn.
hero member
Activity: 3010
Merit: 794
August 03, 2021, 02:34:37 PM
#33
Personally,I don't think traders work with time frame - day,night,weekdays or weekends. They work based on income potential and therefore monitors the coin movement of the market 24/7.
The more trades you make, the more mistakes you make and the more loses you can get.

Good traders don't trade 24/7, they wait for confirmations or a few candles to confirm about good entries. They enter the market after confirmations, and exit with their plans.

10 trades each day, if you do it good, will bring good gains for your tradings. You can accept 1 to 2 bad trades in each 10 trades. If you make 100 trades each day, I doubt that you can make good entries and exits. You wil become an emotional trader.
I may don’t know the definition of noob and professional traders but i think every serious traders keep an eye on their PC or mobile screen 24/7 just to check market movement. Because they will try to entry or exit in the right moment. Every trader will be success in every day, it’s also quite impossible for professional traders.
You are basically talking shit man... Even how serious you are in trading but doesnt mean that you do make yourself looking up the charts on 24/7.I admit that im a day active trader but i do mostly spent out 15 hours maximum and the rest is taking up some balance on daily living and wont be putting up myself in trading career but still i do earn decent.

Being pro or not, we do share on one common goal which is to make profits.It wont matter if you are swing,longterm, shorterm,active trader as long you do make money then that surely counts.

On answering OP's question about on how to know on when prices do moves? No one knows. There might be some patterns to be seen but doesnt mean that it would really be moving precisely
on weekly basis.
sr. member
Activity: 1050
Merit: 286
August 03, 2021, 12:48:27 PM
#32
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
The price movement of Ethereum and Litecoin, just like other crypto, is very much unpredictable. Most of us know how trends works and we should already be aware of the things we should do whenever we witness one. Trends can easily be broken and it can cost you a lot of money to if you will get persuaded by such. Just keep an eye on the price movement in the market and you will know what to do next whenever you see a change in their value. Ethereum and Litecoin are top coins so in terms of investing on it, it will always be worth it as long as you are doing your part as an investor who watches over his investments.
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