I made the decision to trade or investment based on the news that I got from several trusted telegram groups. After I get news updates,
then I continue to analyze market movements. From there I could make a decision the final steps I have to take. And don't let the decisions
we make follow the opinions of others, because the results of other people's analyzes are not necessarily accurate.
Topic: How do you make a trade or investment decision? - page 9. (Read 1948 times)
There's a lot of resources you can check so you'll be more updated the news in crypto.
IIRC, there was an app before in my android phone that I install and there are some features on the crypto news, coinstats, blockfolio and delta.. these are the apps I installed and had input all my asset portfolio but I am not actively checking them now as most of my assets are altcoins and they are not doing well as of now.
The more the basis the better, but make sure you get an information on the reliable sites, just to ensure you don't get mislead and you'll be able to make the best decision when trading and investing.
Popular sites now IMO is cointelegraph, coinmarketcap, and etc.
IIRC, there was an app before in my android phone that I install and there are some features on the crypto news, coinstats, blockfolio and delta.. these are the apps I installed and had input all my asset portfolio but I am not actively checking them now as most of my assets are altcoins and they are not doing well as of now.
The more the basis the better, but make sure you get an information on the reliable sites, just to ensure you don't get mislead and you'll be able to make the best decision when trading and investing.
Popular sites now IMO is cointelegraph, coinmarketcap, and etc.
If there's any 1-stop place to get all in real-time for free would you like to join?
In the past I remember many services tried to provide like all-in-one package but as per "Jack of many things, master of nothing", they failed to prove their efficiency by covering all aspects of decision making of trading and investments. It is highly recommended to go for specialized services so that we may get high accurate data which is very much essential to derive effective decision making. I guess all news coverage and technical tools are available for free of cost these days hence no need of depending on one single house.Combining both technical analysis along with news and events will get you more effective decisions for your trading and investments.
I am not sure who else will go for trading by having either one of technical analysis or news. You must need both always. Some technical analysis are versatile enough to cover both. But, if you are capable of interpreting news then you must go for it directly along with your analysis. 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?
Sometimes I make my decision based on the things that are occurring around the cryptocurrency market/community. It’s just like early February and mid March when the pandemic had serious effect on the crypto. A lot of people were scared that they will lose and some said cryptocurrency is not a good investment at that. But as for me I saw it as an opportunity to buy more coins and store it in my wallet as an investment. I know for sure those that called it a bad asset during those times will be regretting now why they didn’t.If you are ready to make decisions on news then you should go for technical way like chart pattern recognizition which will definitely guide to take timely decisions including preparing for stop losses. Combining both technical analysis along with news and events will get you more effective decisions for your trading and investments.
There are a lot of things before I consider before making trade because this is one of the best things to avoid getting lost on your money and these are the things I'm doing.
[/list]
- Keep update about the news
- Read articles
- Market Graph
- Trading indicator
[/list]
1/ Do anyone here reads the chart like a pro on exchanges or trading view?
2/ Or look at the futures open interest position on Bitmex to figure out if the support/resistance will be a factor?
3/ What are the top 3 main factors that drive the top cryptocurrency price movements, in your opinion?
2/ Or look at the futures open interest position on Bitmex to figure out if the support/resistance will be a factor?
3/ What are the top 3 main factors that drive the top cryptocurrency price movements, in your opinion?
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?
I always try to watch the coin at the market by searching the potential coins which can increase, but unfortunately, it is not easy because there are so many coins to trade. But sometimes, I search for the coin which has a red candle, but not all coin, and I will try to take a look at the coin, and perhaps, I can find something that will give me some sign that coin is good or not. I invest in bitcoin, and I think we can buy more bitcoin if the price is down so deep like what we saw today.
Usually, I will search using the term of the keyword for the project, search on twitter or another social media, website, and more so I can find what I need to research. I am not sure if there is any 1-stop place to get all of the information related to the market or the coins because we need to find the other news to compare with the news that we got.
Social media news is very informative to gather certain ideas regarding trading news, of course, those are no biased news. Sometimes I'm looking on a social media twitter group that can track the big transactions of Bitcoin, it might whale sometimes trying to manipulate the market.
These are the sites that I usually visit daily especially when I'm in trading activity or even tracking my holding coins.
Then, last is on this forum which is I spent more reading from other members sharing ideas and thought or even in Bitcoin technical stuff related.
These are the sites that I usually visit daily especially when I'm in trading activity or even tracking my holding coins.
- https://cointelegraph.com/
- https://twitter.com/whale_alert
- https://coinmarketcap.com/
- https://www.coindesk.com/
Then, last is on this forum which is I spent more reading from other members sharing ideas and thought or even in Bitcoin technical stuff related.
This is very important to make a certain decision in trading either investments in crypto. I usually visit first the crypto price by the coin tracker website Coinmarketcap and next in Cointelegraph news. At least 5 different news websites at a day before going in trading and making your own personal TA.
If you are one of the crypto enthusiasts, maintain having certain research daily to have knowledge in every decision you made a day.
If you are one of the crypto enthusiasts, maintain having certain research daily to have knowledge in every decision you made a day.
Personal Judgement. The advices you could see on the internet, the TA's, the YT vids about movements, etc., are in the end just probable basis for what you would decide on. You may not even use them because your own research proved to be much more accurate than yours, in your own opinion that is. Naturally, research and analysis involve reading news daily and looking at market movements. You just simply read, judge, analyze. No need to overcomplicate everything, stuff like this are just as simple as that, just that the process of actually reaching a conclusion is complicated because of the factors you just read from the news itself.
There are various sites already tbh. Plus, a lot of twitter accounts that actually tweet a lot of useful information, whether it be about market movements or about the current state of the community of Bitcoin. Just look em up. You'd need a lot of information source, not just one.
There are various sites already tbh. Plus, a lot of twitter accounts that actually tweet a lot of useful information, whether it be about market movements or about the current state of the community of Bitcoin. Just look em up. You'd need a lot of information source, not just one.
For me, besides news or social media. I am including to examine the uses of particular project or cryptocurrency.
There are lot of things to include if you want to invest for the long term. But if I am trading, I am just more on technical analysis; chart, candles, chart pattern, momentum indicator.
https://coinpaprika.com/
https://coinlib.io/news
https://coinmarketcal.com/en/
There are lot of things to include if you want to invest for the long term. But if I am trading, I am just more on technical analysis; chart, candles, chart pattern, momentum indicator.
If there's any 1-stop place to get all in real-time for free would you like to join?
It's kinda difficult for that, but you can try these websites;https://coinpaprika.com/
https://coinlib.io/news
https://coinmarketcal.com/en/
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's no so called one stop place for everything. Usually when there is a hype to let's say Coin X, then you have to look and search everything about in on the internet. Facebook, Twitter this community etc. But you have to be logical though, just because a coin is being hype means it is good to invest on it.
There's also this news aggregator that you used such as faws.com. Bottom line is that you really need to invest a lot of time investigating coins that you are going to invest on, its your hard earn money to begin with so invest wisely.
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?
You would need all of that for you to have some idea on what you are doing and on what you are into. You would need news so that you are aware on whats happening around.
You would need price alerts if something is happening like some dumps or pumps so that you would be notified if its time to buy or to sell out depending into your trading entry position.
All things like apps and other that notify is already on the net.You can find it out but if you do like to join up some discussions specially on BTC/USD then this is a good place to
hang out.https://www.tradingview.com/ideas/btcusd/
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?
Each person does it differently, with varying strategies and indicators to use when making decisions. Tell you what, if I had a method that's overly effective, you'd be damn sure I wouldn't share it on public forums.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?
Be active on Twitter and on Reddit, and frequently view the "Rising" threads rather than the default "Hot". Most of the time though, if it's on the news and on social media, there's a good chance that you're already late.
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 will help traders to have an in depth analysis on the coin they want to venture on.
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.
I make a thread about an investment and trading method using "Fundamental Analysis"
Here the thread :https://bitcointalk.org/index.php?topic=5241604.msg54250200#msg54250200
Most of the decision I made based on that's thread. Just want to share my knowledge, thought and experience investment and trading using my own strategy without other people strategy and following some paid signal, etc.
Here the thread :https://bitcointalk.org/index.php?topic=5241604.msg54250200#msg54250200
Most of the decision I made based on that's thread. Just want to share my knowledge, thought and experience investment and trading using my own strategy without other people strategy and following some paid signal, etc.
This will help traders to have an in depth analysis on the coin they want to venture on.
I make a thread about an investment and trading method using "Fundamental Analysis"
Here the thread : https://bitcointalksearch.org/topic/m.54250200
Most of the decision I made based on that's thread. Just want to share my knowledge, thought and experience investment and trading using my own strategy without other people strategy and following some paid signal, etc.
Here the thread : https://bitcointalksearch.org/topic/m.54250200
Most of the decision I made based on that's thread. Just want to share my knowledge, thought and experience investment and trading using my own strategy without other people strategy and following some paid signal, etc.
Interest come in first before the next move for investment come up. You therefore need to build or have such interest in the project before you go forward to analyse. From analysing the coin you want to buy, you study the technology and uses before a conclusion to invest or not.
To receive the latest news on the entire blockchain, I use and trust https://cointelegraph.com/.
With regard to investment, then everything is individual.
I prefer to invest in startups, therefore, the official telegram channels of the projects I have chosen are the primary source of new information about the project for me.
There is no resource that would give you a complete set of information data on which you could make a profitable decision.
You will have to analyze all the information yourself, often making mistakes. Any analytics is futile now and often depends on luck.
With regard to investment, then everything is individual.
I prefer to invest in startups, therefore, the official telegram channels of the projects I have chosen are the primary source of new information about the project for me.
There is no resource that would give you a complete set of information data on which you could make a profitable decision.
You will have to analyze all the information yourself, often making mistakes. Any analytics is futile now and often depends on luck.
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?
Jump to: