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Topic: Bitcoin trading - economy information (Read 1080 times)

hero member
Activity: 1414
Merit: 505
Backed.Finance
November 16, 2016, 12:17:55 PM
#25

Sometimes, the prediction or suggestions was a big help to make a decision, but we cannot always rely on prediction, but i also agree that a chart is very useful. sometimes i read some news and ask some friends who is also bitcoin user. i also use twitter. read and retweet on twitter. and sometimes i watch on you tube.. i do not rely on one basis only but look on the wide horizons.

It is also much better to look at the ANN section here on bitcointalk of the said coin. There also updates here of devs on what is going on,a swap is scheduled and so forth. You can not rely on trollbox because there are pump and dump squad who are doing the marketing. Just be aware and be updated always.
hero member
Activity: 1428
Merit: 506
November 16, 2016, 11:39:40 AM
#24
Trading is a decision making, skills on how to trade such altcoin.
My way on getting such information about an altcoins is in the
market. I just observed the altcoin if the market is active and
check its graph and also selling it when I earn profit already.
member
Activity: 70
Merit: 10
November 16, 2016, 03:18:16 AM
#23
Where do you guys get the information which you use to make daily/hourly trading decisions?

Trading can be characterized as short-term decisions made in
 accordance with information gleaned from technical ... Based on the
 outlook of the Assets there are various strategies which have to be used by
 trader to to make an inform trading decision. You have to learn trade, developed your skills and experience. But you can get your daily fundamental information from tweeter, bitcointalk even you can Google.
hero member
Activity: 994
Merit: 544
November 16, 2016, 03:00:28 AM
#22
Usually i don't follow any predictions or suggestions regarding market move and try to take own decision. Looking at charts, daily high low, volume, volume on dump/pump and level of dump/pump, ATH and looking chart in different time frames (long and short terms) give overall idea to predict possible price move.

Sometimes, the prediction or suggestions was a big help to make a decision, but we cannot always rely on prediction, but i also agree that a chart is very useful. sometimes i read some news and ask some friends who is also bitcoin user. i also use twitter. read and retweet on twitter. and sometimes i watch on you tube.. i do not rely on one basis only but look on the wide horizons.
legendary
Activity: 1218
Merit: 1006
November 15, 2016, 01:40:32 PM
#21
Usually i don't follow any predictions or suggestions regarding market move and try to take own decision. Looking at charts, daily high low, volume, volume on dump/pump and level of dump/pump, ATH and looking chart in different time frames (long and short terms) give overall idea to predict possible price move.
legendary
Activity: 1442
Merit: 1014
November 15, 2016, 10:55:03 AM
#20
Mostly the fresh info came from twitter or other social media platform, then articles to read with detailed information are the news sites.  But basically whenever there is a tweet about bitcoins and other cryptorelated stuff, there is always an article link to it. Though the information dissemination depends who you are following.

Yes twitter or better tweetdeck is a great tool for keeping yourself updated with the freshest news.
There are several tutorials out there which can use to setup your personal tweetdeck.
I can only recommend doing so as news and rumors play a very important role in the world of trading.
Nothing more is needed as you can use several channels to get feeded with input.
hero member
Activity: 616
Merit: 603
November 15, 2016, 10:36:32 AM
#19
"News" on stock market performance (basically price of stocks or shares that vary based on news), News on social media like Facebook and Twitter, news about events and happenings that could affect market stock prices and market analysis tools from. All of these help me speculate the price of Bitcoin. I also prefer many news sources like CoinDesk and /r/bitcoinmarkets for peoples opinion and discussions on Bitcoin happenings and price speculations. I would also have a look at the simple moving averages on bitcoin wisdom and estimate the possible future price of Bitcoin (although I'm not very good at it). There are a couple of good tools on Bitcoinwisdom to analyze the price of Bitcoin that you can check. Learn about how to use them on investopedia (Technical analysis on SMA)
hero member
Activity: 1064
Merit: 529
November 15, 2016, 09:32:10 AM
#18
Where do you guys get the information which you use to make daily/hourly trading decisions?

I'm not too much into trading just casual trading once a week or whenever it seems profitable. Mostly I get my info from here(bitcointak) and reddit and sometimes social media like twitter other than that i Just 'google' and browse around to see if there are some good website from where I can get credible information.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
November 15, 2016, 02:43:10 AM
#17
Mostly the fresh info came from twitter or other social media platform, then articles to read with detailed information are the news sites.  But basically whenever there is a tweet about bitcoins and other cryptorelated stuff, there is always an article link to it. Though the information dissemination depends who you are following.
No, social medias are bit slower unless it is from official people.
I'm having newsletter subscription to prime bitcoin and crypto currency news feeds. They're helping me to have latest update which are very much useful for my bitcoin trading.
legendary
Activity: 2898
Merit: 1152
November 15, 2016, 02:14:02 AM
#16
Mostly the fresh info came from twitter or other social media platform, then articles to read with detailed information are the news sites.  But basically whenever there is a tweet about bitcoins and other cryptorelated stuff, there is always an article link to it. Though the information dissemination depends who you are following.
hero member
Activity: 854
Merit: 500
November 15, 2016, 01:10:39 AM
#15
i usually getting info in twitter many bitcoins user using twitter for their campaign and many more. just look up what's on trend in twitter and look it up on google for more sources of news. by the way our Economy is growing maybe because bitcoin influencing many users like us to invest on. right now I still suggesting to my friends and officemate to invest in bitcoin to make their money grow. Maybe next week they will try bitcoin after their project in their work.
hero member
Activity: 1232
Merit: 669
November 03, 2016, 02:07:58 AM
#14
you can use telegram groups there you can find the information you want in the moment, discuss about and share your technical analysis predictions about what will happen.

you can find some below:

http://coin.army/#/home
sr. member
Activity: 313
Merit: 250
November 03, 2016, 12:35:16 AM
#13
I use a variety of forums and some discord chats.
Also talk to some of my online friends about it and we try to make some informed decisions together.
A wide variety of sources.
legendary
Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
November 02, 2016, 03:53:48 PM
#12
Mostly i try to compare charts from different trading platform for which i use bitcoinwisdom as well as news/events also plays significant role on market moves so i am following few elite bitcoin traders on twitter, and i am also constantly looking news on coindesk, cointelegraph, this forum and news.bitcoin.com
full member
Activity: 205
Merit: 100
November 02, 2016, 02:21:55 PM
#11
Highjacking this thread! How much time do you spend on making decision or researching before you buy some prospect altcoins?
legendary
Activity: 1512
Merit: 1041
November 02, 2016, 02:07:09 PM
#10
Where do you guys get the information which you use to make daily/hourly trading decisions?

I believe, you need to generate for yourself.
Because, for continuous trading recommendation this is not advisable to depend on third parties. If you learn trading strategies and tools, you will be able to make trading decisions for your needs like whenever you want hourly or daily or long term position trading also.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
November 02, 2016, 02:36:54 AM
#9
I have stopped with day trading, because it has become to time consuming and risky. I have a full-time job and cannot time my swing in between all the other work I have to do on a daily basis. So I will mostly gather some information from r/Bitcoin on Reddit to get a daily overview and then compare that with Bitcointalk's Press section to see if I missed something.

I then read the articles of interest to safe some time. ^smile^
legendary
Activity: 3444
Merit: 10558
November 02, 2016, 02:00:36 AM
#8
Where do you guys get the information which you use to make daily/hourly trading decisions?


i think the best resource for getting information and then deciding on how to trade is from the charts and what you can see on the orderbooks! and that is what i use.

all the rest of the news and hype floating around is like a secondary information for me and i usually get if from here or reddit.
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 02, 2016, 01:52:35 AM
#7
I am position trader. Usually I don't deal with swing of scalping trades. But I gather my info from various news sites (all general cryptocurrency news sites, don't stick to one, browse them all),
forums (bitcointalk, reddit, bitcoin.com) and other sites (www.icocountdown.com - sometimes new big ICO will affect bitcoin price).
General rule - the more information you read and absorb - the higher chance is you will understand how market will react.

That is correct,gathers more info as you can as it can really help.I have many sources and to add from what you mentions, join their facebook group and their group chat even their  slack group or skype. It is better to know where the coin is heading.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
November 01, 2016, 10:32:34 PM
#6
I am position trader. Usually I don't deal with swing of scalping trades. But I gather my info from various news sites (all general cryptocurrency news sites, don't stick to one, browse them all),
forums (bitcointalk, reddit, bitcoin.com) and other sites (www.icocountdown.com - sometimes new big ICO will affect bitcoin price).
General rule - the more information you read and absorb - the higher chance is you will understand how market will react.
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