So with what indicators do you trade? There often enough is a "correct time"... at least you think... and shortly after it shows you that you thought the wrong way. So care to explain what indicators and entry points you look for?
My Tips for indicator trade is good news and bad news
also i use more reference like newsbtc for some analys coinigy is good too
I learned that good news do nothing to the price, no push, and bad news make bitcoin drop hard often enough. Seems not so very trustworthy.
And on these websites, do you read their analysis or what do you go for?
It try to not focus on price alone. Since I am in it long term sure I want enough to keep paying my electricity costs. But my overall goal is to gain more BTC. I mine with this as my goal to continue to earn more BTC over the price of running costs.
So far this goal works very well. I don't worry as much about day to day just watch the BTC grow in my accounts. I do admit I keep a pretty good spreadsheet that I track each miner and BTC profits vs electricity price so I do not lose money running and it's by miner and overall.
Would you mind sharing your spreadsheet so I can use it for mine?
Maybe Google docs?