How do you make a trade or investment decision? - page 8.

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legendary

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Quote from: mirrasel on June 11, 2020, 01:21:43 PM

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?

1 - for trade I do the following:

first step Is identify the currency, in this case I trade ETH - USDT. I check ETH's ANN Thread to see if there is any news, then I check all ETH social networks and then I start doing technical analysis.

2 - for the case of investment (I don't do that much) of new altcoins

I check the team members and the whitepaper and then I research what the team members have already managed to do in the real world, then I check if what the project intends to offer will attract a lot of demand or not and if it already has many better competitors

2.2 - In the case of investing altcoins that have been around for a long time in the market, I first research the ANN thread, then search the altcoin social networks to see if there is any good news capable of generating a big price increase in the coming months and what the project have in special compared to other altcoins

kolbalish

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Basically I think some factors for making a trade or investment in crypto. Firstly, I decide to divide my money into two,three or more parts according to it's amount. Then I go for analysis which will be a better one for me as a short or long term investment. Then I go for both to achieve my success on trading.

Ryker1

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Quote from: maxreish on June 12, 2020, 06:58:00 PM

I am not relying on one particular website when it comes to the news. But it is significant that we keep on updated on every news about bitcoin and other coins so we may determine if it will gonna affect the price or not.
But, fundamental analysis along with technical analysis is highly recommended in trading. Investment decisions vary depending on where the market are leading.

Well, that is right because I am doing the same as yours. There are various websites that have been already trusted by crypto community on daily news broadcasting [Cointelegraph, Forbes and Coindesk]. I always comparing them if what is different on their blog content because there are some instances that they did not give the same information that perhaps mislead us as traders. Indeed, you cannot make your FA along with your TA if you don't find news that made the market react in various news and activities. Making the wrong decision will make your investment failure.

Smitty Werben Man Jensen

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Quote from: mirrasel on June 11, 2020, 01:21:43 PM

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?

before investing or trading crypto currencies is indeed fundamental and price analysis must be strong, worry if you buy a coin that does not have strong fundamentals maybe in the future the coins will also not go up, minimizing risk is very important

Findingnemo

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Quote from: mirrasel on June 11, 2020, 01:21:43 PM

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?

There are lot of crypto news update services are available, my favorite one is coindesk but do you think news alone decide the market movement? Definitely not in my opinion it depends on lot of factors first learn technical analysis which is more important than news updates and then wait for the right time to buy and sell.

Lorence.xD

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Quote from: maxreish on June 12, 2020, 06:58:00 PM

I am not relying on one particular website when it comes to the news. But it is significant that we keep on updated on every news about bitcoin and other coins so we may determine if it will gonna affect the price or not.
But, fundamental analysis along with technical analysis is highly recommended in trading. Investment decisions vary depending on where the market are leading.

Good thing about not relying on one website for news article makes sure that you get a bigger perspective on the matter, in my opinion most technical stuff should be considered with every decision but we also should not forget that we also should consult our instinct or gut feel, it may hinder sometimes but this primal traits should not be disregarded because they are like our very own Spider sense, they matter. I am not saying that you should base all of your decision in instinct and gut feel but rather you should consider them and try to match them with technicalities.

Pamadar

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Quote from: enhu on June 12, 2020, 01:54:31 PM

I'm oftentimes late in investing new projects with great concepts like the Synthetix Network. But there are also projects that are similar to it which is why if you miss the first train, there is always the next one to ride on like Jarvis and OIKOS. My decision is base on the previous project that had made a success in promoting and launching their technology. Say ETH for instance, if you can't afford ETH already then there are new smart contract platforms like EOS and TRON for you.

You are not late mate but you have no money to invest thats what really happens,You are just here to Make a post to count for your Bounty campaign lol

ETH is great currency specially for long term holding but EOS is also great being loved by the Chinese.

I am for sure bought Ethereum and EOS for sure profit.

maxreish

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I am not relying on one particular website when it comes to the news. But it is significant that we keep on updated on every news about bitcoin and other coins so we may determine if it will gonna affect the price or not.
But, fundamental analysis along with technical analysis is highly recommended in trading. Investment decisions vary depending on where the market are leading.

Kelvinid

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win lambo...

It is great to make decisions where we have a basis on it just like trading charts, TA's, and so the ideas coming from the experts. Not actually you will just depend on them but the rationally behind is that these are the helping tools to help a better and almost accurate decision. You can compare to doing a project without a plan and the result is probably bad unlikely if you plan it carefully.
That is why it is very important to not be rush in making a decision, it all be in a systematic way in order to prevent wrong decisions that could lead into a losing ends.

Quidat

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Quote from: rexxarofmoknathal on June 12, 2020, 02:01:05 PM

The decision of trade vs investment for me all depends on how the market looks at that time, how much I'm thinking about adding and also whether I want to wait for a while. In addition, I also consider how buys I'm going to be. All these factors help me decide, for example, if I expect that I have little time to keep an eye on the market and have a little bit more that I can go in I would then consider investment but if I deduce that the risk is low I might go with trading. It's all dependent on my availability, market situation and amount.

Trading is considered an investment too but each of them would really have their own need of focus and decisions making but overall these things do really need to have that careful thinking on how things should be handled.
If not then expect for you to experience such deep loss.Research is primarily needed when it comes to making decisions because you cant gain any knowledge or info if you dont make any steps towards it.If you do carelessly
making steps without even thinking then you know on what are the odds or chances of failure. In the internet where every resources is already available and can be search up which is really very helpful.Ex. in crypto,
there are lots of new sites, or even charting analysis out there which you can make use of.

bigcash2011

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Quote from: mirrasel on June 11, 2020, 01:21:43 PM

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?

For trading decisions i do not follow each and every news rather i usually keep macro fundamental view in mind and then trade the charts or you can say i give more weightage to technical analysis while trading which really helps but you need to be good at it to make long term profits from trading, always keep in mind that trading is a risky business.

rexxarofmoknathal

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The decision of trade vs investment for me all depends on how the market looks at that time, how much I'm thinking about adding and also whether I want to wait for a while. In addition, I also consider how buys I'm going to be. All these factors help me decide, for example, if I expect that I have little time to keep an eye on the market and have a little bit more that I can go in I would then consider investment but if I deduce that the risk is low I might go with trading. It's all dependent on my availability, market situation and amount.

enhu

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I'm oftentimes late in investing new projects with great concepts like the Synthetix Network. But there are also projects that are similar to it which is why if you miss the first train, there is always the next one to ride on like Jarvis and OIKOS. My decision is base on the previous project that had made a success in promoting and launching their technology. Say ETH for instance, if you can't afford ETH already then there are new smart contract platforms like EOS and TRON for you.

tbterryboy

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My biggest decisions usually comes after a huge change in the price. If I see bitcoin dropping over 30% I usually decide to buy because whenever there is a huge fall in the price that means the price is discounted, I do not believe in the notion that bitcoin could stay low for a long time, it could always drop, the price is not something that increases constantly, we obviously get a lot of falls, yet that doesn't mean it will continue to fall all the time neither.

So, whenever there is a fall on bitcoin or actually any coin I trust, I just buy it right away and end up with profit if I wait long enough and I can say that on any of those purchases I have never made any loss if I wait over 6 months. Sometimes I need money too much and have to sell it early and made loss, but even that happened only once.

ryzaadit

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Quote from: TimeTeller on June 11, 2020, 05:00:01 PM

This will help traders to have an in depth analysis on the coin they want to venture on.

Not always working, and have more risk than other coin trade since I trade a shitcoin trading.

Also, most of my strategy on that's thread 70-80% using Fundamental Analysis the percentage successful less than Technical Analysis. I suggested to everyone who really wants to learn a trade, better to use or creating their own strategy. When you got your own strategy, I believe you will be more confident to do a trade.

BobBct

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Lets just say this, In making your decisions ask someone who has experience in trading/investing. Asking them before you decide on investing gives a greater chance of having a green portfolio. And also, Do your research. Read the market how and when will it go up or down. You must be independent when you trade. Because you can't just always trust others opinions.

thesmallgod

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You can use to social media pages such as Facebook and twitter to get latest news regarding crypto. Cointelegraph, coindesk, Binance and co provide news 24/7 on their social media pages. All you need is just to follow them. Most of my trading decision come from news and reviewing coin history using charge, 24 hrs trading volumes, highest and lowest price in the last 24 hours govern my decision too. If you don't wanna use PC, you can download your exchange mobile trading app for easy monitoring of the trades.

Latviand

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Quote from: ?? on ??

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.

As soon as possible, I always check the factors that can affect the price of the coin that I want to trade. Being prepared every time you trade is really essential and will help you prevent huge losses in your assets. Knowing those indicators will make you more knowledgeable about the progress in the market prices that will really help you have a perfect timing to do transactions.

In investments, it is really a long-term source of profit if you really manipulate it properly. Risk in investments are much smaller compared to trading, that's why in trading, they should learn risk management. Investment decisions are really worth it once you make it grow with your own hard work and effort, that will make you also grow in life or as a person.

pragna

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Quote from: mirrasel on June 11, 2020, 01:21:43 PM

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?

Basically i focus on telegram of my targeted coin where CEO always give updates about coins pair listing and upcomming events. At the same time i also follow their website always so that information that i did not get to telegram i can collect from there. Then i tried to do analysis of that coins past and future. So this can be also your way of investment decision.

Thanks.

Ridwan Fauzi

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Quote from: mirrasel on June 11, 2020, 01:21:43 PM

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?

First of all when you have the intention to trade be sure you have learned how to make an analyst, basically you must be understood to read the chart pattern, yeah I think that is a weapon for every trader. You will be useless if you just focus on reading the latest information and collect them as your tool to start buying and selling your asset. Indeed, that thing is good but it is just will help if you come for investing, especially for long term investment not for trading.

There are several types of trader, like scalping trader, day trader, and swing trader. And most of them are different when using a strategy, I mean scalping trader will have a different strategy with day trader because the time frame that is chosen is different, so you may need to choose one of them to start. After that, you can combine at least two strategies in your activities. Reading the latest information and making analyst will have you to gain profit or at least you can minimize the loss that will be faced.

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