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Topic: Get a signal Source on Bitcoin. - page 2. (Read 355 times)

Altryist

legendary

Activity: 2058

Merit: 1295

Quote from: jeraldskie11 on September 05, 2023, 06:19:06 PM

In other words, that is what we called fundamental analysis. I have heard a person saying that he is profitable in trading using only fundamentals. Meaning all their trades are depending on the news, not by analysing the market prices. And I also believe it because news are very effective instrument to be used in trading because it can really affect the value
of an asset. That's why it's best to use both technical and fundamental analysis in trading because it increase the probability of winning the trades.

An integrated approach will not be superfluous, you cannot ignore the news, even if a trader trades only based on technical analysis, then the news can in some cases confirm the correctness of the transaction. This can be used as an auxiliary element in the analysis, especially since the cryptocurrency market reacts very well to news. Of course, it all depends on the strategy, but it will not be superfluous.

Litzki1990

sr. member

Activity: 1190

Merit: 296

Those who are big investors and who have a lot of knowledge about the market can analyze the market and understand what the next movement of the market could be. Maybe no analyst can say with 100% sure that the market will go in a certain direction, they can only guess which direction the market is more likely to go by using their own ideas. In many cases, their estimates match.

It is difficult for a professional trader to accept trading because he has to analyze the market a lot and then accept trading, but it is very easy for those who have no minimum knowledge about trading because they trade without any kind of market analysis.

Those who trade with an idea about the market are more likely to gain from the market but those who trade without any idea are more likely to lose their money. So we must take time with adequate understanding of the market and then start trading.

rozak

sr. member

Activity: 1960

Merit: 273

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Quote from: adpinbr on September 04, 2023, 08:55:24 PM

If you go to the YouTube and look for crypto zombie And follow them to get current news and treading Articles and online webinar about bitcoin.
This page usually talks about bitcoin every single day and they also direct you to see what is going on and other YouTube pages that is related to what they do too.

To be honest, I don't really like following news like that which usually tends to affect the investment plans I make. everyone who invests is confident in their predictions for the future. and of course they are aware that the investments they consciously make in Bitcoin can make them profit and also lose. We all place money with an understanding of the risks.

By the way, you haven't been active for a long time and then you're active to talk about a Yotube channel. Are you also part of that channel? you promote it here?

goinmerry

legendary

Activity: 2940

Merit: 1083

There are lots of sources nowadays about/teaching how to deal with market trading and determining trading signals.

Might be in the form of an article, on websites, personal blogs, social media platforms, messaging groups, or a video, etc. I'm not against it as long as there's no subscription needed and no such thing as paying for a premium subscription just to get a so-called premium signal. If that source is effective for everyone, they can take it as a reference if they want on their future trading decision.

But to minimize what's best, it's good to only rely to follow on a certain trading analyst with good and complete details of their stated analysis and not just say "bitcoin will reach $$$ tomorrow" or "Buy this #### at $$$$" etc. A detailed and professional analysis is more interesting to follow on these traders when giving an analysis to everyone.

jossiel

hero member

Activity: 2842

Merit: 625

Bitcoin is totally unpredictable and uncontrollable.

Anyone who is giving a speculation about what price can it be in the nearest future are all mere speculators and it's all about randomness whether they'll be right or not.

And for the news out there, we've got multiple source and since everyone has got access to the internet. It's very easy to do that with a few search away about 'crypto news' to make yourself updated of the current news and trends of the market.

jeraldskie11

sr. member

Activity: 1246

Merit: 356

SOL.BIOKRIPT.COM

Quote from: adpinbr on September 04, 2023, 08:55:24 PM

In other words, that is what we called fundamental analysis. I have heard a person saying that he is profitable in trading using only fundamentals. Meaning all their trades are depending on the news, not by analysing the market prices. And I also believe it because news are very effective instrument to be used in trading because it can really affect the value of an asset. That's why it's best to use both technical and fundamental analysis in trading because it increase the probability of winning the trades.

Dr.Bitcoin_Strange

hero member

Activity: 532

Merit: 508

Leading Crypto Sports Betting & Casino Platform

Right from the start, I have always learned that no one can control the price of Bitcoin, so I learned to stay away from depending on signals and even going to search for any signal group or channel. There is a difference between the Bitcoin signal channel and the Bitcoin news channel. Although I have not heard about the crypto zombie, but from your description and their first video, which I just watched, I think it's more like a news channel about Bitcoin, which is very necessary for a Bitcoiner to have a channel, site, or group where they know it's always flooded with Bitcoin news and recent happenings because, as a trader, you need to always be updated so that if there is any negative news about Bitcoin, you would be informed and trade with caution in order not to encounter a huge loss that you should have been prepared for. If that's what I think, a trading signal is not what any trader should just relay upon because the market is so dynamic that not even professional traders can make an accurate prediction about the market.

Nwada001

hero member

Activity: 602

Merit: 638

Quote from: adpinbr on September 04, 2023, 08:55:24 PM

One thing you have to understand that bitcoin is not 100% predictable but you can get some good signal on what will happen, some big investors and countries that has disallowed bitcoin.

Hey buddy, I stand to agree with this statement. The bitcoin price is predictable some times, but it's not 100% predictable. Even the best analysts can't predict the exact price at which Bitcoin will be in the coming days; they can only do their best by trying to come close to what the market will. Most times, their predictions go against them, which is normal as it's the nature of bitcoin; the price just happens opposite of what we expect of it at a time we least expect it to be so.

Don't you think that it would have been a whole hell of a mess if the Bitcoin price was to be 100% predictable because everyone would have to follow the predictions given? Then we will be left with the question, Who will buy when the price is too high when they know what the price will be in the coming days? And who will be willing to sell low today when they know the price will go up tomorrow? Those are the questions we should ask ourselves.

ajiz138

hero member

Activity: 1498

Merit: 785

I can't say education or investment should be done they have different mindsets, maybe there are some who are more active for education to become a bachelor with the highest degree but on the one hand investment is important to sustain their better lives in the sense that there is passive income that is made into a piece of property or land that can be rented out again.

Personal - Education is not up to college, I am more engaged in other things that can come to money, from there I have worked in a company for several years after pursuing the world of investment including with existing capital, I prefer to do this rather than higher education.

There is a problem today with already having a degree from college there are still many unemployed from them.

Lorence.xD

sr. member

Activity: 1624

Merit: 315

Leading Crypto Sports Betting & Casino Platform

I would not rely my decisions on people sitting and acting like they would know the outcome of something volatile and unpredictable which is Bitcoin. By just simply clicking the link it's already showing some clickbait sht title that people would tend to watch for views so they would profit from it. Yeah influencers are really spreading FUD causes some people to do things that can results to losses. Just an advise that if you're doing your own research don't settle on Youtube explore more in the web that you could find 2nd information for you to be assured. There's nothing wrong on following pages or people as long as they provide a fact based information and you'll have to learn everything here on your own cause you don't rely your funds into someone doesn't even care about your existence as logn as they milking you.

Mame89

sr. member

Activity: 1512

Merit: 418

Quote from: Aanuoluwatofunmi on September 05, 2023, 12:50:05 PM

Quote from: adpinbr on September 04, 2023, 08:55:24 PM

One thing you have to understand that bitcoin is not 100% predictable but you can get some good signal on what will happen,

Getting signals is also very important and valuable for use but it's not the perfect means to knowing what might come in next with accuracy, they are just indications that notified us on any suspected activities or event about to happen, so let me say that they are not hundred percent reliable.

That's right, being able to get signals from several professional people is necessary because sometimes the indications they convey are almost correct, although not always correct. By seeking a lot of information from various sources, I think it is necessary for us to gain broader insight so that we can make wise decisions in investing. They only make predictions based on historical or economic developments that have occurred so far, so there's no harm in considering analysis from YouTube and various other sources. Apart from that, if we only rely on ourselves, it is also wrong in investing, input from other people also needs to be taken into consideration.

Quote from: adpinbr on September 04, 2023, 08:55:24 PM

Generally I’m just trying to tell you to understand that you have to get a particular place that you can hear the current news on the bitcoin market, because to my little knowledge that is what effect bitcoin either positive or negative.

It's ok to always finds a means of getting updates on bitcoin news, especially for those into trading, we have to develope a means of being always updated from genuine sources, all these are part of what could constitute our overall experience in bitcoin always.

The point is we really have to open up the widest possible horizons, learn from various sources, while there is a chance!! After that develop the information obtained on yourself.

Aanuoluwatofunmi

sr. member

Activity: 532

Merit: 390

Quote from: adpinbr on September 04, 2023, 08:55:24 PM

One thing you have to understand that bitcoin is not 100% predictable but you can get some good signal on what will happen,

Quote from: adpinbr on September 04, 2023, 08:55:24 PM

KiaKia

sr. member

Activity: 658

Merit: 384

I don't like taking advice from people like me who are into crypto and are also influencers, they are making money from it, so all advice they sure can't always be 100% true, they will always put themselves and their pocket first.

I prefer have the bad experiences myself and learning from it, don't get me wrong, I am not saying you should start making all the mistakes in the books because you want to get better, I am saying you should do your own research instead.

Take advice from such people with a grain of salt, do no act on it straight away, instead let your actions be based on your research, the world is not always friendly with you, until you find your own way.

For education purposes it's normal to follow crypto channels, you can learn a few things from them but at the end of the day, there is always more to everything.

bitzizzix

sr. member

Activity: 2366

Merit: 448

It's simple for me, I personally don't follow any channels. Because to execute a long-term strategy and DCA you don't need any channel, and all I need is faith that Bitcoin price will eventually go up and with faith I don't care about time.
And besides that I also have to be patient and wait, that's all I have and it doesn't involve any channels, because I think sometimes they are also wrong.
And what we have to realize is Bitcoin is a promising long term investment and these words are pretty self explanatory, except for those who are trading. And besides that, Bitcoin is not easy to predict even if they are experts, because we will never know what factors will happen to Bitcoin in the future and this is what makes their predictions wrong.

ImThour

copper member

Activity: 1386

Merit: 1481

Bitcoin Bottom was at $15.4k

Maybe you shouldn't link to one specific source, here for example Crypto Zombie. You do realize that they get the information directly from some other articles which people should prefer to read directly and interpret whatever they want from that directly instead of coping up with someone else's perspective. Not a problem if you share, learning and spreading knowledge is caring.

And you can also follow various twitter accounts which post mostly accurate news instantly. That should be your first priority If you are a Twitter/X user.

michellee

hero member

Activity: 2604

Merit: 816

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What you say is true because knowing what is happening in the market will give us the opportunity to determine what steps we can take. But people already have channels or sites where they get news about Bitcoin but with your source, it may be additional information for them.

However, what influencers say on many YouTube channels scares investors, especially novice investors. They often say we must be prepared for all the worst possibilities of Bitcoin's movements, especially since Bitcoin's price is experiencing another correction.

This makes novice investors unprepared, panicked and don't know what to do. I found a few influencers who could tell me what might happen and what steps investors, especially novice investors, should take. We have to be careful when watching videos on YouTube because the news often wants to make people panic.

adpinbr

sr. member

Activity: 787

Merit: 250

★Bitvest.io★ Play Plinko or Invest!

Following bitcoin channel help you know some basic things in bitcoin.
Because you will be able to know a little how the market goes and the things that affect it.
Nobody is perfect but at least reading news and channel will help you know 60% of what is happening in the bitcoin market.

Sim_card

sr. member

Activity: 462

Merit: 414

Following channels to get the latest crypto news of important for your own speculation of the market. Following channels for trading isn't a good practice because the information might be wrong and will lead you to loss. It is better that you come up with your own strategy if you are a trader. The forum is also a good place to gather information daily,but you should also DYOR,so that you will improve yourself in trading. But if you depend on channels to tell you what yo do,it means that you wouldn't learn. So I would advice you to invest in a long term and hodli,without bothering about the price of bitcoin.

Strongkored

legendary

Activity: 2772

Merit: 1112

Leading Crypto Sports Betting & Casino Platform

I only follow a telegram channel that shares the latest news about the world of crypto, but that's not as a reference in trading, just as a way to stay up to date with the latest developments about crypto, because I'm not a daily trader, just one who collects Bitcoin to continue to hold for a certain price target, or more in the long term.
So don't really care when there is news other than just knowledge, and traders should not rely their decisions on signals or news blindly, without first finding out the truth from that source so that they won't get trapped in their trading and experience losses.

Yamane_Keto

sr. member

Activity: 406

Merit: 443

What is the relationship between investing in Bitcoin and Bitcoin? Bitcoin may be a failed investment, but it was not designed to be a wallet or an investment fund, but if there is a defective technical error in Bitcoin, then its value as an investment will be affected. Bitcoin is not a company or an investment asset listed in the stock market, so the development of Bitcoin is separate from the price, although the development may mean an increase in demand, which directly affects the price.