Topic: BTC and Altcoin Price Movement - page 4. (Read 931 times)
I often do this monitoring bitcoin prices as an illustration to analyze altcoin prices, sometimes to enter into new altcoin trading will be very risky even they can fall deeper than what we think, just placing a few cheap buy orders there using a martiangle I think it's quite good to do when there is a reflection of rising prices come
When the altcoin price moves in the direction of a fall in prices, as a trader must indeed be prepared to buy at the bottom price by multiplying from the first purchase slot. But it is necessary to be careful and be sure to buy at a deep price. TA analysis is really needed to calculate everything.
do not get stuck at prices that are too high.
Buying the dip is a very popular strategy among many of the members of the forum but you have brought to light the greatest issue with that strategy, everyone always say to buy the dip and get your coins at the bottom, but you have no way to know what will be the bottom.do not get stuck at prices that are too high.
Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.
It is true that traders need to buy the bottom price
The main problem is that we cannot know when the lowest price is and when the highest price. Some people claim to buy bitcoin when it drops to $ 6000, but when the price of bitcoin drops to $ 6000 they continue to wait for the price to drop lower.Some tokens get delisted and die after reaching the bottom
Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.
Many people do consider 2018 as the lowest price, but in 2019 there will be more and more decline. but who knows what will happen in 2020, maybe there will be a significant increase.
Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.
Many people do consider 2018 as the lowest price, but in 2019 there will be more and more decline. but who knows what will happen in 2020, maybe there will be a significant increase.
When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26
The market of bitcoin and alternative token could go down at the same time and even pump at the same time since there are so many issues in the cryptocurrency community. It was probably vice versa but with a lot of delays probably the spike in the market price of altcoins in the cause by the dump of bitcoin in the past month.
When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26
Altcoins price movement is not that good compare to bitcoin price movement due to favoritism of big investors as they focus on bitcoin and they almost forget over other currencies like Ethereum that is going down to almost at it's bottom.
When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26
after I read the articel there are two characters, the first is fear because he has no preparation to minimize losses then the second is to tighten stop losses in the sense that he minimizes losses that will occur, the point is that the movement remains alert
That means if the market is not having strong fundamentals as the low price gives the more chance to get the dipped or pumped anytime.
FA and TA are a must when it comes to trade on the short term speculation market. The current chart of crypto doesn't show the long term chart but there will be a lot of price swing in the future as more and more people just take crypto as an option to do short term trade.
It caused by the fundamental of crypto is not strong enough to support the market. No need to say about TA as it depends on FA.
TA depends on FA? I don't think so. In this crypto market there is no concept of FA. because organizations have never provided financial information to investors or us. In fact, coins are only created by an organization, it's not really a business. You will have to be surprised with this. Therefore, I still choose TA as a leader in trading in the crypto market. FA and TA are a must when it comes to trade on the short term speculation market. The current chart of crypto doesn't show the long term chart but there will be a lot of price swing in the future as more and more people just take crypto as an option to do short term trade.
It caused by the fundamental of crypto is not strong enough to support the market. No need to say about TA as it depends on FA.
Today I read the news that the price of bitcoin rose to 29,000 dollars in Iran. But I think how so, if the price in Iran has grown, it means that everywhere it must jump, or am I wrong?
You are not mistaken, because you read the news that has been posted, and that is just a prediction for this year, if indeed it can happen it will be very extraordinary, and the development of this forum will also increase.
Today I read the news that the price of bitcoin rose to 29,000 dollars in Iran. But I think how so, if the price in Iran has grown, it means that everywhere it must jump, or am I wrong?
When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26
I don't think that a lot of traders actually double down, which is the rational thing to do if you believe in bitcoin's long term fundamentals and you see prices falling.
Instead, the wider markets, especially mainstream investors are more likely to panic dump in the face of a potential downturn in the market, which fuels the bear market even further, causing flash crashes as a result of long squeezes along with excess supply.
That's the reason why I tell people to dollar cost average in bear markets. Going against the crowd in these circumstances can certainly pay off.
Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.
Many people do consider 2018 as the lowest price, but in 2019 there will be more and more decline. but who knows what will happen in 2020, maybe there will be a significant increase.
When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26
When the altcoin price moves in the direction of a fall in prices, as a trader must indeed be prepared to buy at the bottom price by multiplying from the first purchase slot. But it is necessary to be careful and be sure to buy at a deep price. TA analysis is really needed to calculate everything.
do not get stuck at prices that are too high.
do not get stuck at prices that are too high.
I'm not sure when altcoin drops down and as traders need to be ready to buy at low prices sometimes it's a trap and altcoin prices never come back again, it's true that technical analysis is needed right in altcoin because it's hard to say that altcoin can't be expected so be more careful if you buy altcoin in my trade.
When the value of cryptos falls, many traders double down – effectively strengthening their commitment to a course of action that is potentially risky – because the prices are so low. As with the pattern demonstrated from this short market tale, here's to how you can capture a price swing or “one large move.” By this we can conclude that we need to be careful on our alt trades and need to be sure on accumulations backed by TA and FA studies. Where are we heading is the moment of truth from this article! https://medium.com/mark-price/the-chop-c55567cb7d26
Ya the correlation of prices between BTC and alts i think is one of the many things traders learn quickly in crypto
the new traders maybe havent seen enough swings to see how it works and to capitalize on it like the vets, but they learn (or burn quickly hehe)
of course it dosent mean its a guarantee they follow eachother either, thats why TA is so shakey in crypto imo, way too unpredictable : /
It is true that traders need to buy the bottom price
But a true trader never jumps on any cheap token dumping. You need to ascertain the type of token to buy its dip.
Some tokens get delisted and die after reaching the bottom
Dyor always
But a true trader never jumps on any cheap token dumping. You need to ascertain the type of token to buy its dip.
Some tokens get delisted and die after reaching the bottom
Dyor always
When the altcoin price moves in the direction of a fall in prices, as a trader must indeed be prepared to buy at the bottom price by multiplying from the first purchase slot. But it is necessary to be careful and be sure to buy at a deep price. TA analysis is really needed to calculate everything.
do not get stuck at prices that are too high.
Buying the dip is a very popular strategy among many of the members of the forum but you have brought to light the greatest issue with that strategy, everyone always say to buy the dip and get your coins at the bottom, but you have no way to know what will be the bottom.do not get stuck at prices that are too high.
Just look at what happened after 2017, during 2018 we had a time in which the price of bitcoin remained relatively stable two times and everyone thought that was the bottom and then the price kept going down, so most likely those that bought bitcoin at those two instances lost money and most likely they never recovered that money.
When the altcoin price moves in the direction of a fall in prices, as a trader must indeed be prepared to buy at the bottom price by multiplying from the first purchase slot. But it is necessary to be careful and be sure to buy at a deep price. TA analysis is really needed to calculate everything.
do not get stuck at prices that are too high.
do not get stuck at prices that are too high.
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