Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
Topic: Is it worth analyzing Bitcoin price chart? Well... Bitcoin will increase - page 3. (Read 483 times)
January 08, 2020, 12:42:04 PM
Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
January 08, 2020, 12:35:47 PM
I believe if you're a long term investor, investing in the idea, then these charts wouldn't matter a lot. But you will still need it to make an entry. You can't invest at $13k even if you're looking for long term. Chart analysis will give you a good entry to the market.
These daily movement and swings are only good for short term traders and they can actually make sense out of these price charts.
These daily movement and swings are only good for short term traders and they can actually make sense out of these price charts.
January 08, 2020, 12:29:05 PM
Yes it's really worth analyzing Bitcoin price chart, you should have a good knowledge to pridict about bitcoin, read a graf and understand about it. It is not that easy to analyze until you are well experienced in bitcoin market. So that you can know when pumps and dumps will occur
January 08, 2020, 11:35:27 AM
Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
But always think that whether you're good with reading charts, nothing beats bitcoin being unpredictable.
yeah chart one of the initial capital that must be owned by a trader, of course traders will be easier to analyze and practice trading systems according to their style because there are many chart patterns so it depends on how good you are at reading it.
January 08, 2020, 11:24:31 AM
Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
But always think that whether you're good with reading charts, nothing beats bitcoin being unpredictable.
January 08, 2020, 10:46:32 AM
Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.
January 08, 2020, 10:34:42 AM
I think it's a mix of Fundamental Analysis and Technical Analysis. Chart analysis alone couldn't predict the price trend that much unless seen on a long-term chart, where the factors of the trend lies more into the market and core network updates and ideology, unlike in short-term where manipulation and volatility are mostly present, making the chart almost unpredictable. Though Fundamental Analysis of what's happening and what's about to happen might also shed some light to predict the trend, there's really no guarantee of an accurate prediction.
January 08, 2020, 10:04:49 AM
Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.
Many people do know how to "read" a chart in a higher or lessee degree, but that it is surely not enough to make a living or even make a profit from the markets.
You need to have a strong grasp of risk management principles and also you need to be able to manage your emotions and analyze your behaviour, esentially you need to be self-aware.
January 08, 2020, 09:25:32 AM
Tech analysis is not about bitcoin. Too many fluctations here
January 08, 2020, 09:17:22 AM
If you are a trader or even an investor, knowing how to analyze the chart is a good skill that can help you in positioning especially if you are a position trader.
I'm not good at technical analysis but I know how to use the basic indicators and I know how to analyze at least the chart of Bitcoin but even you are a good analyst, still you can't predict what can happen to Bitcoin because it is always have 2 sides. It is either the positive side that can happen or the negative side but either way if you are a good technical analyst, you can be ready in whatever situation that can happen.
I'm not good at technical analysis but I know how to use the basic indicators and I know how to analyze at least the chart of Bitcoin but even you are a good analyst, still you can't predict what can happen to Bitcoin because it is always have 2 sides. It is either the positive side that can happen or the negative side but either way if you are a good technical analyst, you can be ready in whatever situation that can happen.
January 08, 2020, 01:30:45 AM
Yes, analyzing Bitcoin price shows how much knowledge you gathered! Analyzing Bitcoin price needs huge knowledge about crypto market history, updated news, hype, next events and so on and it helps a lot to its traders, investors. Everyone can predict a price for Bitcoin easily, but not everyone can make a valuable Bitcoin price analysis!
And, I have no knowledge about that Bispex exchange, searched on google and looks shitty to me. Try to avoid that exchange and choose a good one, as we have many options.
And, I have no knowledge about that Bispex exchange, searched on google and looks shitty to me. Try to avoid that exchange and choose a good one, as we have many options.
January 08, 2020, 01:27:51 AM
Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
I mean is it really worth learning how to read its chart?
To be able to read, understand and predict trends from bitcoin's price chart is an important skill every trader should possess. If you are planning to be a trader, it is where you should start. Though it would not be enough to predict price movement because you will still need to consider current events and news that could affect the price, it is still a good guide to your trading strategies.
January 08, 2020, 01:08:59 AM
Yes it is really worth it if you know how to analyze the bitcoin chart especially if you know how to read the market graph and you can predict if what would be the price or what would be the next event may happen in the next few hours or next 24 hours. If you really want to study or analyze the chart, it is very good and you can fastly made a decision if the price may pump up or dump down. This probably the advantage of some people to the other people who don't know to read or analyze the market graph, because if you know already how to read and analyze it you can start trading and earning.
January 08, 2020, 12:56:22 AM
Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.
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