Topic: How do you know BTC price will go down or up within a day? - page 3. (Read 3799 times)
i think i will trying to look in the charts on market exchange and i will study about the history, although i don't know much about trading btc-usd, but i think i will get some learn for looking the charts.
Since BTC price is important when it comes to trading, how do we know whether its price if going to slightly drop or go up a bit within the day?
I feel like I need to learn this while i get to now be trading altcoins regularly.
Predicting on bitcoins price is impossible and no one could able to predict though as a human. If this case would happen then for sure many would be rich on just doing trading only. Even though if you have the most valuable news about on the market but still you wouldnt guarantee that the price would go that way. Theres no such thing like this.
I won't agree with what you said not everyone can predict its price. Actually everyone CAN predict its price since prediction is just an assumption and it may or may not happen. I think what you are saying is that no one can predict bitcoin's price accurately. Indeed, trading is a matter of assumption. You are guessing what value will it reach its peak whether it is pump or dump. And that is the skill that you want to develop if you want to become a successful trader.
Since BTC price is important when it comes to trading, how do we know whether its price if going to slightly drop or go up a bit within the day?
I feel like I need to learn this while i get to now be trading altcoins regularly.
Predicting on bitcoins price is impossible and no one could able to predict though as a human. If this case would happen then for sure many would be rich on just doing trading only. Even though if you have the most valuable news about on the market but still you wouldnt guarantee that the price would go that way. Theres no such thing like this.
Since BTC price is important when it comes to trading, how do we know whether its price if going to slightly drop or go up a bit within the day?
I feel like I need to learn this while i get to now be trading altcoins regularly.
for me, I always look at the price movement bitcoin every day. how lowest and highest prices in a few days earlier. then I try to place orders, at prices to suit my predictions and it was good enough to make a profit, although not so much, because bitcoin price movements are not too far away.
Since BTC price is important when it comes to trading, how do we know whether its price if going to slightly drop or go up a bit within the day?
I feel like I need to learn this while i get to now be trading altcoins regularly.
You cannot.. I also use the and study the charts and from there I take my chances. There are some traders that who can predict it but I guess some of them are using the method that I am doing. There's really no guarantee to it.
I see few points that can trigger price of altcoin...
- if any alt is trading for constant volume and in lower price range than few months back there is chance of small pump and correction within few days
- if alt is trading in really low volume even below <1 btc and only have price near 100 sat per coin than invest in it before they release some small thing and also sell as soon as pump is seen
- And important is don't invest in shit coins which have dead dev team and also don't have much volume in past and pumping for few days suddenly.
- DOn't sell on low and don't panic buy at peak when coin is pumping.
- if any alt is trading for constant volume and in lower price range than few months back there is chance of small pump and correction within few days
- if alt is trading in really low volume even below <1 btc and only have price near 100 sat per coin than invest in it before they release some small thing and also sell as soon as pump is seen
- And important is don't invest in shit coins which have dead dev team and also don't have much volume in past and pumping for few days suddenly.
- DOn't sell on low and don't panic buy at peak when coin is pumping.
trading is down and up is good
if price flat is very bad because can't take profit is price not wave and always flat
bitcoin can use trading because price is fluctuatif
down and up you can take profit if you trading use margin trading
if price flat is very bad because can't take profit is price not wave and always flat
bitcoin can use trading because price is fluctuatif
down and up you can take profit if you trading use margin trading
literally speaking i don't know when the price will be dump nor it will pump since we can't predict that this scenario will be happening on some certain time from its movement, and even if you're an expert fortune teller you cannot still predict what will happen to it everytime or shall we say everyhour, but if someone can do 24 hour monitoring for the price well i can say they can be the great teller upon predicting those price movements since they can possibly notice the little flaws regarding to the price flactuation of this coin.
Well, I do not know, feeling like I said it. in addition many people also are predicting that it will happen, so it may be better to prepare for it. if you feel bitcoin prices will go up, then you have to collect bitcoin everything you can, and if you feel bitcoin prices will fall, so you need to hold money to buy bitcoin. so, we can only calculate it according to the circumstances which we have passed, which has almost the same circumstances
The only way to predict price changes is pay attention to bitcoin related events:
- new BTC protocol upgrades will hit us? price will most likely will go up
- new hyped exchange, service or shop will accept bitcoin - price up
- exchange hack, legal issues, problems with bitcoin network - price down
But then we have moves behind the scenes:
- pumping, dumping schemes of whales
- random shifts of people's attention
- bitcoin as an asset of the month kinda thing etc. and many more...
You can expect certain price shifts based on info you can see, but not everything.
- new BTC protocol upgrades will hit us? price will most likely will go up
- new hyped exchange, service or shop will accept bitcoin - price up
- exchange hack, legal issues, problems with bitcoin network - price down
But then we have moves behind the scenes:
- pumping, dumping schemes of whales
- random shifts of people's attention
- bitcoin as an asset of the month kinda thing etc. and many more...
You can expect certain price shifts based on info you can see, but not everything.
To be honest I do not know when the Bitcoin is going to rise or is going to drop but I just keep track of it everyday because then I know what is is going on.
But when it will happeb you cannot predict that.
But when it will happeb you cannot predict that.
Like, this is the most basic question in all of trading--and if anyone really knew the answer it'd probably be illegal.
Dude, you can't know. No one knows. There's no way to know unless you're an enormous whale, and then you can splash the price around all you want. Certain shitcoins work like that, but bitcoin is way too big now.
Dude, you can't know. No one knows. There's no way to know unless you're an enormous whale, and then you can splash the price around all you want. Certain shitcoins work like that, but bitcoin is way too big now.
Unless you're a market mover yourself, there is no way to know which way the market is heading to. You can however make use of the repetitive nature of the market lately. The price goes up and down like $10-$20 on a daily basis. It's easy profit for a fairly experienced trader.
Since BTC price is important when it comes to trading, how do we know whether its price if going to slightly drop or go up a bit within the day?
I feel like I need to learn this while i get to now be trading altcoins regularly.
I used to use fundamental analysis which can be obtained from news sites like coindesk and others. But if possible I was often watching the price other market and follow the market.
i think no one can know that. because it is not fixed. it depending on demand and supply. if the demand increased and there is a shortage of supply then surely the price of bitcoin will increase.
Yeah and if people will start buying again then we can expect higher price in next few days, but there is no guarantee that price will rise as its impossible to predict anything.
If you are asking for short term rise and fall of the price then it is totally unpredictable, no one knows that in the coming hour what will be the price so try to learn other features of trading and while trading you will have to wait and will have to see that your luck favor you or not.
i think no one can know that. because it is not fixed. it depending on demand and supply. if the demand increased and there is a shortage of supply then surely the price of bitcoin will increase.
I think we don't. The only think we know is when the halving is coming according to what is written in the code.
It's impossible to know and whoever is claiming to be sure is lying, but you can look at the fundamentals and try to guess where the price will be at at a gross estimate of 1 to 2 months, and the uptrend is still clear since early January of last year. Other than that.. you can't know about the price movements daily, unless you are a super whale about to buy or sell a lot of it, enough to modify the market price.
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