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Topic: Do you trust chart analysts? (Read 3271 times)

sr. member
Activity: 496
Merit: 254
October 24, 2018, 01:58:49 AM
Don't look chart analysis because the possible price is depends if they have more people who buy and sell their bitcoin with the common factor like halving and fake news can also cause to drop bitcoin price . But chart analysis is still helpful to us.
Chart analyses do not help us in predicting future price movement because we know that Bitcoin’s value is unstable and it is impossible to predict actual future value and almost all the predictions made by experts or analysts are uncertain. Do not consider chart analysis for your future decisions but you can only get help from chart analysis in getting the previous price movement and nothing more.
sr. member
Activity: 1246
Merit: 250
October 24, 2018, 06:10:28 AM
when I look at the analysis charts circulating in the media so that everyone can see it I will look at it and try to compare it with my analysis and after that I will measure the accuracy of the circulating analysis with the accuracy I have because I want to learn how These master traders make trading analysis so I can always make a profit.
member
Activity: 350
Merit: 10
October 23, 2018, 06:21:19 AM
Chart analysis is the reflection of what is happening in the market on the supply and demand of traders and investors. I do trust them and use them just to supplement other factors like news.
newbie
Activity: 31
Merit: 0
October 22, 2018, 06:01:18 AM
I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!
Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.
Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy
You can use these analysis charts for your data but not full and final. Many of the charts are also designed by the manipulators to misguide new investors to get their desired results. You should do your own technical and fundamental analysis about the current and future market trend. It will be better than depending upon these charts. Always look at the market cap. If it increase price will also increase otherwise fall.
member
Activity: 276
Merit: 10
W12 – Blockchain protocol
October 20, 2018, 06:59:16 PM
Not all the time because their analysis will sometimes go on the other way too. The more you trust on them, the more you will be disappointed with the results too when the results won't go with their analysis.
sr. member
Activity: 1624
Merit: 267
October 20, 2018, 08:13:36 AM
Don't look chart analysis because the possible price is depends if they have more people who buy and sell their bitcoin with the common factor like halving and fake news can also cause to drop bitcoin price . But chart analysis is still helpful to us.
newbie
Activity: 56
Merit: 0
October 20, 2018, 07:22:02 AM
I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!
Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.
I also do not believe in these charts because these charts based on predictions and in my point of view predictions about bitcoin price is almost 100% wrong. We can observe the previous year’s predictions about 2018 and saw the price in this year. After that I dint believe in any prediction. I analyze the market by myself and take decision about my holdings.
hero member
Activity: 1148
Merit: 504
October 19, 2018, 07:11:54 AM
I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!
Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.
Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy
If you had a strategy in which you believe effective, you should stake on your strategy. But if you need some reference materials for further analysis you should some times refer to a chart, because you can refer the norms pattern which is good for analysis.
because market conditions keep changing I think you can't forever use the same pattern/strategy, strategies must be adjusted to
existing market conditions, that's why you should always do chart analysis to create new strategies and plans #imo
sr. member
Activity: 574
Merit: 250
October 17, 2018, 06:31:17 PM
I believe in chart analysis because I've seen someone who analyzes bitcoin charts on YouTube, the analysis really happened because he used the correct theory, maybe if someone who doesn't know his theory to analyze bitcoin is worth not believing. but actually bitcoin market fluctuations cannot be analyzed from charts, because there are many factors that influence the rise and fall of bitcoin such as news circulating on the internet etc.
hero member
Activity: 896
Merit: 500
October 17, 2018, 05:23:31 PM
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply, demand, and NEWS.



Yes, I believe because there is knowledge in technical analysis, and if you do not believe try to discuss with experts who understand technical analysis. This is like other exchanges because you have to have the knowledge to be able to bring in every profit.
Its also like following our instincts. They can be true or tends to be the other way around, Nevertheless it's better to analyze it than to do actions without analysis , it will be riskier.
member
Activity: 490
Merit: 28
October 17, 2018, 07:08:25 AM
I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!
Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.
Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy
If you had a strategy in which you believe effective, you should stake on your strategy. But if you need some reference materials for further analysis you should some times refer to a chart, because you can refer the norms pattern which is good for analysis.
hero member
Activity: 1148
Merit: 504
October 16, 2018, 07:56:43 PM
I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!
Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.
Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy
sr. member
Activity: 798
Merit: 268
October 16, 2018, 06:30:28 PM
I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!
Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.
member
Activity: 183
Merit: 11
October 16, 2018, 06:02:55 PM
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.

For a long time it has been clear to me that the rules that are usually applied in traditional markets are not in any way applicable to the crypto market, as there seems to be a greater influence of rumors than fundamental or technical issues. That is why we continually see the so-called expert analysts fail again and again in their predictions, even though some of them have eventually succeeded, more due to the mere law of probability than to their supposed analytical capabilities.
sr. member
Activity: 966
Merit: 250
September 25, 2018, 02:58:58 AM
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.



Yes, I believe because there is knowledge in technical analysis, and if you do not believe try to discuss with experts who understand technical analysis. This is like other exchanges because you have to have the knowledge to be able to bring in every profit.
full member
Activity: 1750
Merit: 118
September 25, 2018, 02:12:36 AM
 
That depends on what site is the analysis came from . some sites nowadays provides a chart but they are mainly hoax or fake , they wont provide the actual flow of the coins from the past few days maybe because they want to miss lead the people to believe that cryptos are still in a good shape  .

But overall , depending on chart analysis alone isnt also guarantee that your predictions will come true because there were still other factors that can affect the price to move differently.
jr. member
Activity: 127
Merit: 1
September 25, 2018, 12:54:18 AM
chart analysis of the market in my opinion is also important to predict market movements other than that the influence of the economy also determines market value
member
Activity: 350
Merit: 10
September 18, 2018, 01:59:26 AM
analysts are not always right, so you can listen to their opinion, but to draw conclusions and make decisions is the most
full member
Activity: 378
Merit: 100
When Football meets Crypto
September 18, 2018, 01:57:30 AM
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.

I never trust chart analysis and i highly prefer to conduct my own research in order to determine if the current coin or ico i am interested to join is really profitable or not.
sr. member
Activity: 1148
Merit: 254
September 18, 2018, 01:21:45 AM
I do not really believe in the analysis charts that are circulating or given from several trading groups, I am more confident with the price movements reflected on the graph and from the results of my own analysis is more accurate.
I also do not really believe in such baseless analysis. but, I am more interested in the information available on cryptocurrency. sometimes it makes a lot of changes to crypto prices on the market.
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