Topic: do you believe in market analysis published by crypto news websites? - page 3. (Read 429 times)
October 21, 2021, 11:25:57 AM
Most of the time the news is pushed out to explain a move rather than predict it. By the time the news comes out the algos have already moved the price and you are likely trapped or about to be trapped at the top or bottom depending on what the news is. Its better to just DCA into a position at technical levels and wait for that move and sell or buy on the pop or dip on those news events.
October 21, 2021, 10:49:18 AM
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
IMO, Yes I believe that some of those analyses were correct and some are not, Just always remember that there is no perfect analysis in the crypto market that's why we should only use it as a reference, guide, or comparison to do better decisions when it comes investing with our favorite cryptocurrencies whether in a form of Defi, NFT and all legacy cryptocurrencies that currently traded in the market today.
October 21, 2021, 10:29:12 AM
It is better to do our own diligence regarding to research any particular things before we make a choice. An analysis that comes off from others might have some benefit but in retrospect, the author might have some bias or any particular risk management about why they came up with those kinds of analyses. We must wary that, there is a chance outside of market analysts, some crypto news also have some paid publication to shill some project. That is what I think in regards to the question.
October 21, 2021, 09:45:11 AM
Therefore you do not have to fully believe. With many sources and you will learn a lot to compare one news to another. Then correlated with the facts on the ground whether it is appropriate or not. Because there is no analysis that is 100% correct, so the question of the level of accuracy is back again. Due to fluctuating market prices, price changes will be very fast and make a lot of difference.
October 21, 2021, 09:00:27 AM
If I have really plenty of free time, maybe I would read their 'market analysis'. But no, I don't think their analysis carries any merit. If I want to stay updated on some coins, I follow their official social media. Don't want to take any chance by getting news fed to me at second hand by those crypto news or so called analysis.
October 21, 2021, 07:39:34 AM
In my opinion analysis is not completely accurate and sometimes even useless. However, there is nothing wrong with such market analysis as a precautionary measure. The market is difficult to predict because that's why market analysis is also not completely accurate, only a few percent of market analysis is really accurate, the possibility is small but we still have hope. Time also cannot be compromised in facing a fluctuating market. So the only way is skill that we have, how do we deal with the market, what steps will be taken and so on. And what we should not be left behind is how you control your emotions.
October 21, 2021, 05:50:54 AM
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it.
that's why DYOR is the best. and never believe in what they share, even if the analysis article is written by an expert. they are never objective in making analysis. all the analysis they make is based on their portfolio. so indirectly they want to make the coins they hold go up.
October 20, 2021, 07:39:45 AM
I only read some news about the crypto market to have an idea that how come this news can affect the prices and make buy/sell order based on them but if you say about technical analysis then i don't blindly trust them and see for some strong points that can profit my position but it all depends on how market reacts and these analysis fail at sudden changes.So i am dependent on me for such thing.
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October 20, 2021, 07:25:13 AM
I for a person don't believe in crypto market analysis, and this is because, as we all know, the crypto currencies are highly unstable, and for this reason, the market is almost 100 percent unpredictable, any body or news outlet coming on to say for a fact what happens in the next hour or days or what price range a coin be trading on in a particular period in time is nothing but just a mere guess, even if it later happen the way they said it, a guess remains a guess and guesses sometimes are right, they shouldnt consider themselves professional in market analysis as this job is a sophisticated one and meant for the professional.
Even as a professional market analyst, market analyzation isn't very effective in crypto, as crypto currencies are a very different kind of assets, they aren't like out traditional currencies that are way more stable and highly predictable by applying several factors, crypto currencies are totally different.
Even as a professional market analyst, market analyzation isn't very effective in crypto, as crypto currencies are a very different kind of assets, they aren't like out traditional currencies that are way more stable and highly predictable by applying several factors, crypto currencies are totally different.
October 20, 2021, 06:08:42 AM
On these resources I am interested in the latest news and some articles, but I do not read crypto market analysis and forecasts because it prevents me from analyzing a crypto project or coin myself. I usually read news mainly on Coindesk on their twitter account.
October 20, 2021, 05:54:36 AM
I believe there some market analyst sharing their information to some sites in the internet aside of FOMO., wherein those trusted sites especially what we see in trading view "newsfeed" because it's very accurate, i mean most of their predictions were informative.. And actually those who give signals are analyst as well in the market but you know there's a big difference when it comes a professional analyst and a analyst base on their experience only. Lol so for me much better to to focus in trading views news feed because for sure you can obtain more information about the market growth rate.
October 20, 2021, 05:49:14 AM
I always like to go for Coindesk websites for any news I want to get in the Crypto world, sometimes I tend to believe the market analysis published once I have to take some decision and sometimes do more research on whatsoever analysis I might want.
October 20, 2021, 05:40:50 AM
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.
To be honest i don't really care about all those analyses, may it be chart analyses that are trying to predict the future price movements by how the chart behaved in the past or some other type of predictions or analysis. I think in general the quality of news sites or experts within the crypto space is very low compared to other sectors in any industry. Most experts in crypto are just shillers that hype the tokens that they own themself and that they have bought for the private sale price.
October 20, 2021, 12:30:53 AM
cointelegraph and coindesk are good websites. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.
that's FOMO news. The author was sharing based on what trend that is still happening right now. if it was discussing about the positive trend and that's a common thing when you're seeing bitcoin was also bullish at this moment. Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic.
i have the same thought with you but i must also remind you that it's only forecast even if that was aiming for a non sense rate and that's not a big problem. That's why people must have done their own research before try to trust anything. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
In my opinion that it will be so difficult to find an article that didn't have a promotional. There are lots of paid-for promotional articles. This is the fact. That's why you will be seeing the author mentioned a coin as a refference. October 20, 2021, 12:00:03 AM
cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
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