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Topic: is there reliable analysts in the marekt that you follow? (Read 242 times)

hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
First, don't directly deposit your $50k and hope for a nice return one day. Stay away from margin trading and never use higher leverage more than 10x. 10x leverage should be your last choice if you have an extremely inside feeling and not HYPE after making your triple trading plan. Aim for passive income by investing in stocks and indexes, don't go for the biopharma companies. Just a small suggestion if you look for investing tips: Look for the overvalued shares of airline companies and correlate the charts with previous years and make your decision.
I will advice against using leverage completely unless you have many years of experience and you have proven yourself that you were profitable during those years, leverage is a trap that exchanges use to try to lure investors and traders to take more risk than what their accounts will allow them otherwise, obviously they only present to you the positive side, if you happen to make a good trade then you earn 10x that amount which seems great at first sight.

However you also lose 10x which means a 10% correction is enough to completely get rid of your capital and even smaller movements that can be completely ignored by traditional traders can produce massive losses to your account from which it is almost impossible to recover.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
First, don't directly deposit your $50k and hope for a nice return one day. Stay away from margin trading and never use higher leverage more than 10x. 10x leverage should be your last choice if you have an extremely inside feeling and not HYPE after making your triple trading plan. Aim for passive income by investing in stocks and indexes, don't go for the biopharma companies. Just a small suggestion if you look for investing tips: Look for the overvalued shares of airline companies and correlate the charts with previous years and make your decision.
hero member
Activity: 1036
Merit: 514
I'm not planning to be an active trader but rather to invest little amounts in different directions and make some weekly review of my investment portfolio.

is it a good idea? or I will probably lose all my cash? Are there any analysts out there that are giving predictions and recommendations that are worth following?

Not a bad idea, but enter the market at the ath probably not the best choice.
If you want to invest in cryptocurrency, you have to do your own research, bitcoin, eth, and litecoin are the best coin to invest in so far, not to mention many other altcoins or defi that might offer good returns but it's something that you have to do the due diligence.
You can check https://www.tradingview.com/ for any investment you may be interested in, read the review and predictions of top authors there, very unlikely that someone will continue to be 100% correct but at least you'll get the point.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
You will not lost it as long you will only trade in spot and only top crypto currency you will buy or in your list . For analysis I think it's better to have knowledge about it and learn it your self.  than following other peoples prediction in price ,and that's not always right since there are also time that they analys the price wrong. which is also common mistake because no one is perfect.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
The price of bitcoin is already very high, it is very risky for investment, but there is one coin that will be expensive later, you can buy TWT because it will be listed on Binance soon, the price has started to go up now, it seems it's still not too late to buy.  I'm also holding on to a little TWT so hopefully it will cost $ 10.
And I almost forgot, for the most part never listen to recommendations about buying a specific new coin in the market, why is that you may ask? And that is because for the most part those coins crash as soon as they hit the market and if they happen to rise enough interest they may pump but when you find out about the coin for the most part it is too late to join the party and if you do you will be part of the dump losing a great deal of your capital in the process.

So for the most part you should only invest in coins that have been in the market for long and that have the trust of this market and obviously the best option as of right now is bitcoin.
full member
Activity: 387
Merit: 100
The price of bitcoin is already very high, it is very risky for investment, but there is one coin that will be expensive later, you can buy TWT because it will be listed on Binance soon, the price has started to go up now, it seems it's still not too late to buy.  I'm also holding on to a little TWT so hopefully it will cost $ 10.
full member
Activity: 882
Merit: 110
Hello, I'm new to crypto and trading and I have about 50K that I'm willing to invest in crypto or stocks to make some extra cash this money currently invested by a portfolio management company but they are not showing any results and if they do all profits are eaten by their commissions (last two years I earn about 1% but the commissions gave me negative results)
I'm not planning to be an active trader but rather to invest little amounts in different directions and make some weekly review of my investment portfolio.

is it a good idea? or I will probably lose all my cash? Are there any analysts out there that are giving predictions and recommendations that are worth following?
It doesn't matter if you want to invest, but my advice is that you still have to control and you have to choose which type of token or coin to invest in for now. because in my opinion, you still have to do an analysis before investing
legendary
Activity: 2492
Merit: 1232
To tell you this frankly, investment always has a risk and cryptocurrency investment is one of the most riskier investment choice out there but also give a possible double or triple ROI if you're lucky enough.  It's not easy to make money in crypto especially in trading, it is required skills and knowledge before you will have profit.  So now, if you don't have proper research and you will rely on other's opinions, I may suggest you have your own and understand it very well before you will make a decision towards investing in crypto.

Looking for a good analyst will be found at your self if you will study hard in crypto and understand everything, there's no reliable analyst out there, they are just also predicting the market which you can do if you have an idea how to do this.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Hello, I'm new to crypto and trading and I have about 50K that I'm willing to invest in crypto or stocks to make some extra cash this money currently invested by a portfolio management company but they are not showing any results and if they do all profits are eaten by their commissions (last two years I earn about 1% but the commissions gave me negative results)
I'm not planning to be an active trader but rather to invest little amounts in different directions and make some weekly review of my investment portfolio.

is it a good idea? or I will probably lose all my cash? Are there any analysts out there that are giving predictions and recommendations that are worth following?
This is simple if you are not willing to work hard in order to learn how to trade and invest then do not bother, you are going to lose all your money in a heartbeat and the negative results you are getting from your current money managers will seem great in comparison.

If you want to take responsibility for your financial future then do it, most money managers tend to be very conservative in the way they invest because if they gain fame of losing their investors money then they will never get any clients ever again, so they prefer to play it safe, however now you are planning to do the complete opposite which is to invest in a  very volatile market that has reached its ATH without any knowledge about it, and believe me that is a recipe for disaster.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I have few friends who have turned some smaller amount of money into bigger ones, they usually just use DCA and check out the weekly points of the coins they check out, but that is about it, because I rarely trust anyone. This is the crypto market, according to what I have seen in the past 7+ years I can easily say that people do not know what they are talking about half of the time and at the other half they just lie about it to get more famous.

You have to realize money doesn't really just bring stuff you can buy, it also brings power and people chase that inevitable power wherever they are, doesn't matter if they are rich or poor, or if they just had money or got bankrupted or will have money, it just doesn't matter. Everyone wants to be as powerful as a rich person, with or without the money and that is why they lie about economical stuff.
hero member
Activity: 2828
Merit: 518
...
is it a good idea? or I will probably lose all my cash? Are there any analysts out there that are giving predictions and recommendations that are worth following?
Not really a good idea especially if you don't have any idea or knowledge in trading and surely it will only give you losses.
Before investing in crypto or even in the stock market, better to make an investment to learn about trading first. You don't need to rush and just ride on the market, tried to look into the risk that you have faced with and that simple trading education will help you a lot in your trading's journey.

I hope it was clear to you that there is no reliable analyst around us, all the say's and even coming from trading experts are still their own understanding, their market analysis, and this can be wrong or right.
legendary
Activity: 2212
Merit: 1008
I don't know if you already saw this but, I just replied to this thread, right before I replied on this topic https://bitcointalksearch.org/topic/--5302284
I really think the user listed on that post was a great market analyst.
sr. member
Activity: 1274
Merit: 267
I'm not really sure who's a reliable market analyst but if someone who is really reliable I don't think that would be free. There were some users here in the https://www.tradingview.com/ideas/ that might be interested to you. You'll have the option to review each of them to know if they were really good.
sr. member
Activity: 2366
Merit: 332

Are there any analysts out there that are giving predictions and recommendations that are worth following?

There are no perfect analyst , prediction or recommendations out there. Every analyst has had there bad days and are still having it because the market can keep disappointing from certain time until it goes back to obeying the prediction which is when you make profit. You can build your plans too to be better in your strategy. Gradually you can build your strength and confidence.
hero member
Activity: 1932
Merit: 504
Here's a tip:

If you don't like doing research and doing the work yourself, then investing is probably not for you. It's that simple.

Agree with this one, don't just follow other user's advice or tip since you wouldn't know if the analyst they are going to give is good or not it's much better if you do your own research I think there's a lot of analyst out there to follow it's just up to you who you will pick.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Hello, I'm new to crypto and trading and I have about 50K that I'm willing to invest in crypto or stocks to make some extra cash this money currently invested by a portfolio management company but they are not showing any results and if they do all profits are eaten by their commissions (last two years I earn about 1% but the commissions gave me negative results)
I'm not planning to be an active trader but rather to invest little amounts in different directions and make some weekly review of my investment portfolio.

is it a good idea? or I will probably lose all my cash? Are there any analysts out there that are giving predictions and recommendations that are worth following?
You won't lose all your cash but you'd definitely going to lose a lot if you don't know what you do. Most of the analysts that you will find, if they are paid, they're only going to say basic analysis about chart reading of bitcoin.

This time, it's kind of doubting to advise someone to buy who's new to this. When bitcoin was $10k and below, we mostly say that keep buying bitcoin before we see it back to its all time high. Now that it's back, you don't have to rush buying.

Study it, maybe a week or two and say if you're fine risking that $50k of yours buying bitcoin and fine waiting for another highs.
legendary
Activity: 1904
Merit: 1563
is it a good idea? or I will probably lose all my cash? Are there any analysts out there that are giving predictions and recommendations that are worth following?
I know that most people are being bullish of what will be the price of bitcoin in the next coming years but I don't think that investing in such asset or crypto that you are not familiar with is a good idea. Remember that you are investing with a large amount of money and yet you are risking yourself from other people's analysis and predictions which might end up being false.

There are quite few things to take into consideration before entering the market such as bitcoin price chart, having an idea which are bitcoin investment scams and more importantly is how you are going to secure your bitcoin. Failing to do your due diligence will just put your money to a greater risk  Roll Eyes

[1] https://www.lopp.net/ - I hope that this resource compilation will help you to decide.
hero member
Activity: 2744
Merit: 588
Why do people pick up interest when Bitcoin's price is so high up breaking All-Time-highs it had set before? What if as soon ad you buy Bitcoins, the price starts to plummet akin of the 2018 bear run?
Don't you see how your 50K would go up in air?

My only advice to you is buy the dips, not when the price is already up there

That's the usual dilemma here. People are venturing in the industry where they are not acquainted with.
They are enticed with what is happening in the market even if they don't understand the reason why.
And this is the common reason why people get disappointed when their expectations are not met.

Analysts are just mere speculators. Even if they are using TAs, experience or skills, you can't be sure about their predictions.
So if the OP is a newbie here, better start in a very small amount and start learning how crypto trading works.
Don't look for shortcuts, because it will just screw your funds.
copper member
Activity: 2170
Merit: 1822
Top Crypto Casino
Why do people pick up interest when Bitcoin's price is so high up breaking All-Time-highs it had set before? What if as soon ad you buy Bitcoins, the price starts to plummet akin of the 2018 bear run?
Don't you see how your 50K would go up in air?

My only advice to you is buy the dips, not when the price is already up there
member
Activity: 1078
Merit: 15
Hello, I'm new to crypto and trading and I have about 50K that I'm willing to invest in crypto or stocks to make some extra cash this money currently invested by a portfolio management company but they are not showing any results and if they do all profits are eaten by their commissions (last two years I earn about 1% but the commissions gave me negative results)
I'm not planning to be an active trader but rather to invest little amounts in different directions and make some weekly review of my investment portfolio.


do not get hung up on analysis, because it will cost money. nothing is for free. trade according to the value of your funds. trade while studying market movements.
of course you have to choose and sort out which crypto is right to invest in in the long term. because you said yourself that you don't want to be an active trader. or maybe you first need to know the ins and outs of investing, so as to minimize losses.
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