How do you know BTC price will go down or up within a day? - page 5.

yudy

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Quote from: target on July 13, 2016, 01:18:22 AM

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.

iam predict price bitcoin use indicator meta trader 4 and waves candle stick
not accurate 100%, because nothing people predict price bitcoin always accurate 100%

ethereumhunter

hero member

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Leading Crypto Sports Betting & Casino Platform

i just look at the chart on the market of bitcoin by watching candle stick mode and take a look at sell and buy position, also i open huobi chart and take a deep looking at the chart. oh yeah, btw, you can use btcwisdom for your study, its good start to see btc market.

my prediction is not always, sometimes i made mistakes on predict but never mind, i still on learning to read the chart of candle stick.

TastyChillySauce00

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Leading Crypto Sports Betting & Casino Platform

see the trading trends, if there's a buy trends so the price will rising high,and if there's selling trends the price sure will go down,but you need to keep an eye almost the whole day to make this method work because price rising and price falling sometimes happening suddenly and it'd took a short time so the key is patience

safari88

legendary

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I can only predict by looking at and studying charts. but it also does not guarantee my prediction is right, what is really going up or down.

JustUse199

newbie

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no one know when btc price up or down it's happen automatically.. Tongue

btckold24

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★Bitvest.io★ Play Plinko or Invest!

there are traders that like to follow the money and when they notice it moving they jump on board and try and ride the wave for a small gain. Really there is no sure way
just like with the stock market unless you have some sort of inside info there is not 100% way of knowing. Even with charts and graphs there is no guarantee that will do
what you think it will because of past performance. The best bet is to trade for long term and not worry about the daily swings.

helloeverybody

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★YoBit.Net★ 350+ Coins Exchange & Dice

Sometimes you can follow what its going to do just by keeping an eye on it, For example when the last pump occured it was gaining good amounts every friday without fail but before tha everyone would dump on a friday. Whatever you do is going to be taking a risk unless you have inside information that some whale is going to buy massive amounts (or sell). For now since we are fairly stable you could probaly watch it for a few days and see roughly where it bottoms out and where it tops out then decide if you want to risk buying and selling at those amounts. Theres not much easier a way to do it.

ebliever

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Quote from: target on July 13, 2016, 01:18:22 AM

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 can't. If you could successfully predict whether the price goes up or down even 51% of the time on a permanent basis, with the proper application of math (making trades in appropriately small amounts to avoid a bad run) you would become the Warren Buffett of bitcoin.

pandalion98

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Quote from: target on July 13, 2016, 01:18:22 AM

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 can't.

There are theorems to do this to increase your chance of getting it right, but generally, you can't.

jak3

legendary

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you can predicit the comming price by studing the candle stick graph but as noting is 100% sure so it can sometime not work well so you have to see more than one graph while trading as i am not a trader but still i will advice you to look on those red and green sticks in the graph

target

legendary

Activity: 2282

Merit: 1041

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.

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