Pages:
Author

Topic: How do you make a trade or investment decision? - page 3. (Read 1948 times)

hero member
Activity: 994
Merit: 503
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?


If it's the real news and fastest, I'll join. I think the news is very important for coins and our win rate is quite high. Can you recommend your platform to us? Is it free or do we need a fee to join?
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Definitely, if I want to make a trade on a particular coin, I always check the status of the coin itself.
Though CMC or coingecko will give you an overview of what's happening on their trading charts, you still have to dig more on their social media channels.
Sometimes, you will learn more about what's the real deal when you read the convo on their socmed and will get some hints on their plans.
This once saved me from investing in a dead project. I saw the low price on Coingecko and went through the project's website, got a link to its telegram. I asked just two questions and those around screamed I shouldn't invest in it that they were sadly stuck and couldn't get out. It was a project gone wrong. That was how I saved myself that investment disaster. In the past I would've bought the token without even going through its telegram and bought into a dump. Now, I always go the telegram route before investing in any project.
full member
Activity: 1638
Merit: 122
We need constant update to get the best in Bitcoin investment and trading, although I do less of trading but I do keep abreast of necessary information for investments. I get my Bitcoin updates from 3 major sources, 1.from an app, "cryptocurrency news" 2. I listen to crypto new of t.v channels 3. Here on the internet I search for updates on coin market. I also receive messages in my Gmail account for price value update and little more on this forum discussions.

yes you need to get such info for investing or trading  . you cant say that you already know how the market moves because you arent only the one that controlls it   .  i know crypto news , i read news on them online but i didnt knew that they develop an app   while i hardly listen or watch tv   .  my other source is also on this forum  as i visit it every single day    .   by the way  , what is that app where you can recieve price updates on your gmail/phone  ? i saw one before but needs subscription or fee
sr. member
Activity: 1246
Merit: 255
We need constant update to get the best in Bitcoin investment and trading, although I do less of trading but I do keep abreast of necessary information for investments. I get my Bitcoin updates from 3 major sources, 1.from an app, "cryptocurrency news" 2. I listen to crypto new of t.v channels 3. Here on the internet I search for updates on coin market. I also receive messages in my Gmail account for price value update and little more on this forum discussions.
legendary
Activity: 3094
Merit: 1127
The time when I was trying to find a promising coin among a thousand pieces of shit is already over for me. I realized that there are BTC and a couple of dozen altcoins, among which you can choose where to invest your funds. Don't waste your time playing roulette.

Haha that is correct but the problem is that if you invest in the major coins like you said a dozen of coins you won't be able to expect high returns since the market is already liquid enough and the profits will always be minimal while if you are able to find the the diamond coin in the coal mine then it gives your crazy returns and yes you would make 10 poor picks but that 1 great find can settle all the loss and actually bring you into profit.

But the market is so dark and shitty now that I haven't seen any particular coin to go from nothing to a significant value and that is the reason maybe you are right and although the major coins don't give high profits but there are solid returns on few like the price of TRX moved up recently.


It all matter on how far you can risk on when in talks of investing neither on solid coins or putting up some consideration on some alts that arent really that good when it comes to its current price.
For solid coins or top rank ones then they cant really give out that 10-100x returns but you can somehow tell to your self that you are dealing with better project but if you are a type of person who
do like to embrace risk then you do had the choice since its your money after all.If your guts tell you to put up something because you do believe that this will be huge then its up to you
but always mind of the risk behind.
sr. member
Activity: 2030
Merit: 323
The time when I was trying to find a promising coin among a thousand pieces of shit is already over for me. I realized that there are BTC and a couple of dozen altcoins, among which you can choose where to invest your funds. Don't waste your time playing roulette.

Haha that is correct but the problem is that if you invest in the major coins like you said a dozen of coins you won't be able to expect high returns since the market is already liquid enough and the profits will always be minimal while if you are able to find the the diamond coin in the coal mine then it gives your crazy returns and yes you would make 10 poor picks but that 1 great find can settle all the loss and actually bring you into profit.

But the market is so dark and shitty now that I haven't seen any particular coin to go from nothing to a significant value and that is the reason maybe you are right and although the major coins don't give high profits but there are solid returns on few like the price of TRX moved up recently.
legendary
Activity: 2268
Merit: 1655
To the Moon
The time when I was trying to find a promising coin among a thousand pieces of shit is already over for me. I realized that there are BTC and a couple of dozen altcoins, among which you can choose where to invest your funds. Don't waste your time playing roulette.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
they always choose the safest Exchange platform, when it is an investment, they generally leave their money until they get great benefits without touching it no matter what happens, very rarely they also combine it with the market speculation, since the risks increase enormously
You mean leaving your assets in exchanges itself for longer duration? That cannot be a right approach as per this community's long discussed topics; Yes there were at least 10+ topics on leaving your assets within exchange to skip withdrawing fees and network delays for confirmation. If you want your investments to be much safer then you should never leave your assets within exchanges.

This is applicable for all types of exchanges regardless of their age in the markets nor their reputation level; because you cannot predict what is going to happen tomorrow. Crypto exchanges are known for getting easily hacked in more numbers compared to other market's exchanges.

I am making my investment decisions based on multiple criteria; among them few are:
1. I do watch on particular asset (which is in consideration) for more than 1 month.
2. I do check for circulating supply/marketcap.
3. Checking Github for activity of devs.
4. Number of exchanges it got listed out.
5. Its ATH and time of ATH.
6. ANN topic activity on this forum.
7. I may go for starting a topic to hear this community's opinion if needed.

Well not exactly, but if an important movement occurs and you have available in the Exchange you can react faster, the case of companies and Institutional money usually handle money in Exchanges and wallets.

And according to their criteria I understand them, although before I thought in a similar way, according to my little experience and due to the reading of some books of market speculators, what I know about the Bitcoin market is that Bitcoin is the "Action" or "Safe currency", when you have this security it is safe to have the investment there and leave it for as long as necessary, in the case of the Alts it is different, since they depend on the Bitcoin movement, by following new technologies and innovation in characteristics of the currency even following the best project, when Bitcoin falls in price, it will most likely bleed, and when Bitcoin is in a bullish trend, it rises, is the logic.

There are many Hodlers who keep their coins, somehow they take care of them on some occasions, but this represents money, in my case I always check the graph, its history, the volume, if the coin is old I trust more, if the coin is young I don't do any kind of analysis for being so young.
legendary
Activity: 2884
Merit: 1117
they always choose the safest Exchange platform, when it is an investment, they generally leave their money until they get great benefits without touching it no matter what happens, very rarely they also combine it with the market speculation, since the risks increase enormously
You mean leaving your assets in exchanges itself for longer duration? That cannot be a right approach as per this community's long discussed topics; Yes there were at least 10+ topics on leaving your assets within exchange to skip withdrawing fees and network delays for confirmation. If you want your investments to be much safer then you should never leave your assets within exchanges.

This is applicable for all types of exchanges regardless of their age in the markets nor their reputation level; because you cannot predict what is going to happen tomorrow. Crypto exchanges are known for getting easily hacked in more numbers compared to other market's exchanges.

I am making my investment decisions based on multiple criteria; among them few are:
1. I do watch on particular asset (which is in consideration) for more than 1 month.
2. I do check for circulating supply/marketcap.
3. Checking Github for activity of devs.
4. Number of exchanges it got listed out.
5. Its ATH and time of ATH.
6. ANN topic activity on this forum.
7. I may go for starting a topic to hear this community's opinion if needed.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
Before making the proper decision, we'd like to research the market well there's no rush to trade. the danger is going to be higher if you trade without knowing that the location we'll trade is going to be well verified. I feel the simplest investment decision may be a future investment Long-term investments are less risky Most businesses don't plan before investing and invest in sites like Binance coinbase.
Yes, you are right, in addition to doing pertinent research, they always choose the safest Exchange platform, when it is an investment, they generally leave their money until they get great benefits without touching it no matter what happens, very rarely they also combine it with the market speculation, since the risks increase enormously
legendary
Activity: 3122
Merit: 1140
Don't just put your investment in a single coin, you have to diversify everything in order to minimize your losses if things gets sideways. Choosing the best project is the first step but you have to be sure that the team is capable of doing things if things gets tough. Investment is best for long term that's why accumulating coins as much as you can till you have money is better.
I hear this advice very often but I do not agree with it, the market is heavily correlated to the way bitcoin moves, as such for the most part the majority of the coins mimic the movements of bitcoin and as such diversification is not going to protect you if you are only investing in this market, if you want to achieve true diversification then you will need to invest in several other markets like gold, stocks, real estate or bonds, that way if the market of cryptocurrencies goes down you have a legitimate chance your other investments are not behaving in the same way.
Guess you're getting it wrong mate, well noticeable how the market changes when the bitcoin moves all of us know it but not all the coins moves the same way as bitcoin. Have you seen Chainlink getting pump simultaneously with bitcoin? there are lots of coins that is getting a huge pump these days without us noticing coz we are all looking to bitcoin wishing it could reach another ATH, we are limiting ourselves to make profit. Diversification is one of the best strategy in investment, it makes you more prone to make a profit out of many direction this is why most of the investors like doing it.

Not all investors do consider out this kind of step because majority of them are dubious  on such step to take because they do know that they are risking out money into things which are less
secure compared to btc in talks of possible returns.Yes, alts can really give that chance but we know on how many coins out there to look for? If you do consider out those numbers then you will surely think of that its hard to nitpick each one of those depending if you do have the ample time to seek for each one of them then its your choice since its part of your investing criterias which is always been suggested to search up everything before making a step or decision.
hero member
Activity: 2926
Merit: 640
Keep in touch with bitcoin and crypto news, short list the coins that are popular in market and there company working on the new development of product. Once you short listed coins do a market survey and check which coin is at their lowest price, the coin with lowest price has more potential to increase in future and reach their maximum price but only when the team behind coin is dedicated.
That's right actually because a coin that is trading at 1000 satoshi would usually go up by 100 satoshi and that would mean 10% profit while a coin that is listed at 50 satoshi and if only increases by 100 satoshi would be mean you gain 300% profits which is massive for any investor. Moreover there is a higher chance that a small value coin will rise quicker rather than a high value coin to rise further.

I personally never invest for long term in these alt coins because they do have a adoption curve and you need to understand what is the best time to buy the coin and then once the adoption curve is towards its sunset just sell and make profits so I am someone who doesn't believe in investing as much as I do in investing.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Don't   be fool because you hear them saying: trading cryptocurrency is very easy for anyone to do. Buy low and sell high when the price rise.  These are just some lines from which you should be more careful with. Investment and trade are interesting things which can make anyone pretty good rich on a long-term if the right decisions are executed.

Gathering trade cryptocurrency information before beginning to buy low and sell high make the difference, you must be current with the latest information about the coins you want to buy or sell, this also include that of investment decisions.
So many people are fooled by this simple message, it may seem as if trading is very easy but for the most part those that say that are those that are trying to sell their services to you, trading and investing are hard and even if you have the money that does not mean you should try it, there are many people that have tried to trade the markets and lost everything simply because they listened to those people, it should take at least six months of study before you are ready to trade the markets and unfortunately very few take that time to study and they eventually suffer the consequences of it.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
Don't just put your investment in a single coin, you have to diversify everything in order to minimize your losses if things gets sideways. Choosing the best project is the first step but you have to be sure that the team is capable of doing things if things gets tough. Investment is best for long term that's why accumulating coins as much as you can till you have money is better.
I hear this advice very often but I do not agree with it, the market is heavily correlated to the way bitcoin moves, as such for the most part the majority of the coins mimic the movements of bitcoin and as such diversification is not going to protect you if you are only investing in this market, if you want to achieve true diversification then you will need to invest in several other markets like gold, stocks, real estate or bonds, that way if the market of cryptocurrencies goes down you have a legitimate chance your other investments are not behaving in the same way.
Guess you're getting it wrong mate, well noticeable how the market changes when the bitcoin moves all of us know it but not all the coins moves the same way as bitcoin. Have you seen Chainlink getting pump simultaneously with bitcoin? there are lots of coins that is getting a huge pump these days without us noticing coz we are all looking to bitcoin wishing it could reach another ATH, we are limiting ourselves to make profit. Diversification is one of the best strategy in investment, it makes you more prone to make a profit out of many direction this is why most of the investors like doing it.
sr. member
Activity: 1638
Merit: 278
I make decisions before making a trade or investing in a coin is by doing a lot of research about a project if they are promising enough to give me a good profit in the present and the future, I mostly look for answers in this forum because a lot of members here have a better experience than me when it comes to picking a coin or a good project.
for investment, doing research is a must. however, before investing or trading, research needs to be done, but for long-term investments, keep in mind what developments will be ahead of it. while for trading, we can see chart movements from a few weeks or months ago. that way you can predict the imminent price movement.
You confused me a little because all I can understand is research must be done which is not wrong but you emphasized on the same point in the whole post anyways i do agree with you that investors need to make sure that they do due diligence and proper research before making any investment and even with trading like you said the same applies, because be it trading or investment you have to expect the value of the asset or coin to move up and for investors they look for long term goals while for traders they look for small goals and repeat the process to generate regular profits.

I think you must invest if you see long term benefits while if you see that an asset will rise for sure but not stay profitable in the long run then better to just buy and sell it repeatedly.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
Keep in touch with bitcoin and crypto news, short list the coins that are popular in market and there company working on the new development of product. Once you short listed coins do a market survey and check which coin is at their lowest price, the coin with lowest price has more potential to increase in future and reach their maximum price but only when the team behind coin is dedicated.
full member
Activity: 1610
Merit: 102
There are several things to look for when making a trade or investment decision. You need to know the future plans of the cryptocurrency you want to invest in and other aspects related to it. If you want to invest or trade in Top AltCoins, you must check if there is any important news about that altcoin. Moreover, before investing or trading, you must analyze the market and make a decision by reviewing its current situation. The factors that affect a cryptocurrency need to be thoroughly verified. After considering all these factors, you can make an investment or trade decision.
sr. member
Activity: 1568
Merit: 283
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
If there is a place that I can be getting information that will help me  to be making the right decision in trading and investment, as long as the tips/info they will be passing out will be very close to being accurate at all times, then I will be happy to join such a group. As for now I make use of different means to get information, and I do my research, I do all these things using several websites to gather information. I make use of Coindesk, and I also make use of Cointelegraph, they do analysis and also recommend coins that are good for investment.
full member
Activity: 756
Merit: 231
Don't   be fool because you hear them saying: trading cryptocurrency is very easy for anyone to do. Buy low and sell high when the price rise.  These are just some lines from which you should be more careful with. Investment and trade are interesting things which can make anyone pretty good rich on a long-term if the right decisions are executed.

Gathering trade cryptocurrency information before beginning to buy low and sell high make the difference, you must be current with the latest information about the coins you want to buy or sell, this also include that of investment decisions.
sr. member
Activity: 2030
Merit: 323
I usually ride on some big coins updates, like forks, mainnet update. Those updates usually make the coin/token pump. I get some wrong move sometimes but in majority I earn more profit. Look out for news like on coinmarketcal and other popular cryptocurrency sites. Every trader has their own strategy, this strategy might work for me and not for you.
I think news are a big part of the website and I think that will be playing a big part of an increase or a decrease, however lets not forget that it is just one part of it, not all of it, so do not get into idea that just because you decide to invest right around big news or update periods that you will definitely profit, you need to actually have something much bigger at hand for it.

Look at bitcoin for example, it is true that price moved from all the way down from $4k to $9k before halving, yet you have to understand that bitcoin also moved from $9k to $4k for the pandemic drop as well, so they basically brought it back to what it was just like almost all other economical stuff like stock markets. So, as you can see increase is not just depending on big stuff, it is obvious from the biggest update in bitcoin for years not making too much change.
Pages:
Jump to: