Advice on trends - page 9. | Bitcointalksearch.org

rodskee

full member

Activity: 2576

Merit: 205

Quote from: estheblessed on March 05, 2021, 04:51:24 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

Actually i also observe that the movement usually comes down when weekends though i'm not sure if this is a trend totally but most of the weekends brings the market drops either a little of big and then return climbing every Mondays and go on.
But are you a trader? or just Looking for a chance to Buy more ?
be sure that you know how the trend goes because this is like a Arbitrage strategy when you need to be aware each moment of the coins movement.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: GreatArkansas on March 05, 2021, 10:32:14 PM

Asian wake-up time?
Which is around 8:00AM GMT +8 / or UTC 0:00.

Why do you think of the Asian wake-up time? I think the US has more contribution and effects on the crypto market, not the Asian nations.

Quote

I can't say it is only Ethereum and Litecoin only, but the market itself or Bitcoin and then other altcoins will follow Bitcoin price actions, especially these days like if Bitcoin dumping you can see other altcoins is dumping too, some are dumping much hard than Bitcoin.

Ethereum can be corrected deeper after this bounce. Litecoin can be corrected in the same way but it has more chance to rise up more after this bounce. I bet on a deeper correction for Ethereum but a rise for Litecoin.

I think that Bitcoin, Ethereum and some new hot altcoins as Polkadot or old altcoin Cardano will be corrected seriously. It will give more capital to old altcoins as Litecoin.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: estheblessed on March 05, 2021, 04:51:24 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

if there is a trend then that proves your coin is a Manipulated one ? Just like you have no idea when to buy or trade , then many people here has the same attitude , meaning if we are to decide when to trade and others comes along at the same time then that would be the chance of having good day trading .
But when many has not acting in the opposite scenario then the market will not move to bring you profit.
as simple as those chances.

Teraboy

hero member

Activity: 2282

Merit: 505

Quote from: estheblessed on March 05, 2021, 04:51:24 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

It's not about the time but it's about the fundamental of coin, if you are watching the market closely and then you will be seeing that if that can be dumped and pumped anytime.
As far as i know if the trend will be changed when there's a good news. Sometime it can go up in a day or a week but this is not the point that can be used to determine the trend.
You must put all of your effort to analyze the trend based on the fundamental.

GreatArkansas

legendary

Activity: 2534

Merit: 1397

Asian wake-up time?
Which is around 8:00AM GMT +8 / or UTC 0:00.

I can't say it is only Ethereum and Litecoin only, but the market itself or Bitcoin and then other altcoins will follow Bitcoin price actions, especially these days like if Bitcoin dumping you can see other altcoins is dumping too, some are dumping much hard than Bitcoin.

livingfree

hero member

Activity: 2996

Merit: 580

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: estheblessed on March 05, 2021, 04:51:24 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

Usually during the weekend, the market tend to go downtrend. The belief is that most of the people are cashing out to buy things. That's the conception that I've known for a while.

But to know the exact trend of the market and when it will happen.

It's impossible to know.

rhomelmabini

hero member

Activity: 2030

Merit: 578

No God or Kings, only BITCOIN.

Quote from: estheblessed on March 05, 2021, 04:51:24 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

There is no such thing as that because if that was predictable market I think most people will be really profitable everytime. It is always random and you will never guess that during that day/week/month it will tend to go up/down. Mostly these days the market tend to go up during the weekend but it's just an observation and it's behaving as always.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: estheblessed on March 05, 2021, 04:51:24 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

If there are people whom do able to make guess those kind of things when it comes to trends or the right time to trade then everyone would really be making out profits.
There's no sufficient proof that a particular timeframe would really be the best spot for you to make out trades but somehow basing off on some observation then you can
make out presumptions out of that this is why you do really mold up these kind of assumption that this will be a good spot or timeframe for you to trade
but over all these are just basing up on your own observation and theres no precise or proof that this is a sweet spot to take.

DaMut

sr. member

Activity: 1274

Merit: 263

At our current situation the trend is bound to be broken as soon as it is formed, it is happened because of hype and instability in market order.
that is why it is not recommended to follow any trend you hear but instead make a quick strategy and judgement based on market reaction as soon as you do the trade.
and trading on the weekend is quieter than during the week will only happen once the market stabilize. I could say it because it happened months ago before bitcoin skyrocketing.

wheelz1200

legendary

Activity: 3780

Merit: 1418

Quote from: estheblessed on March 05, 2021, 04:51:24 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

NYC.

Forget about any trends because once they are established they are instantly broken. Do yourself a favor and just cost average into ltc or eth. You limit your risk both on the upside and downside and ypu dont have to worry about catching tops or bottoms. Leads for a more stress free way of accumulating as well. If you believe in the long term aspects of something g, cost averaging is a good way to approach buying in or selling out.

estheblessed

newbie

Activity: 26

Merit: 2

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

Topic: Advice on trends - page 9. (Read 1391 times)