Topic: it seems to getting more difficult now to analyse cryptocurrency prices - page 3. (Read 948 times)
October 21, 2020, 04:58:34 AM
Indeed, the market has become very difficult to analyze and make 100 percent prediction, but nevertheless there are tools for technical analysis that will always work. Every day I monitor the guys who make daily forecasts for the price of bitcoin and they do it very well. If you are interested here can see how they do it.
October 21, 2020, 01:37:15 AM
The cryptocurrency market has always been unpredictable and all can happen, even in 2017 it is difficult for people to invest effectively.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
I think no one knew what will happen in 2017-2018, but bitcoin showing the power to lift the price in a short time. The price can jump to the very highest price, which we never imagine before. And yes, this time, we are getting more difficult to analyze the crypto price, but we don't need to give up because of this. We need to keep trying to analyze and find the time to enter the market. Maybe we need to take a break for a while before analyzing the price, so we can see a sign to know what we need to do.However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
Well analysing a crypto market wasn't that easy on the first place and it didn't changed after all. It still not easy up to now, its volatility, being decentralised and unpredictable prices make it more difficult to spell on. But as what i have observed to the market this past few months cryptocurrency values were in an impressed values, especially bitcoin which have a value of $10000 and this was somewhat impressing to the investors.
After the price increases, it will adjust to the lower price and stay there for a while, and in the next days or week, the price can increase again to break the next high price.
October 20, 2020, 02:50:17 PM
crypto price prediction was always difficult and in future. you can take something advantages to see or the read charts btw u never guarantee about price. crypto is unpredictable an everytime here see anything changed, u have to learn to analyze the market position. btw every person may have their own strategies.
October 20, 2020, 01:57:57 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
It is funny how that you think the market is getting more difficult to read because a few analyses you made didn't go according to your guess.
The market has been that way since the very beginning. Times when you have consecutive losses and you feel the market can't be read. The only thing that causes such condition is the fact that one does not have the necessary skills and knowledge to read the market accurately.
The only thing that should be done in cases like this when there are losses is for one to take a chill, take some time off and learn and study more about the market, only then would you realize that the market is not as difficult as it seems
October 20, 2020, 09:43:28 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
Nothings changed in the crypto market still unpredictable. I think your style or strategy in our current market was not working anymore. It would be best to adopt a new strategy in trading to compete with other traders and gain profit.
October 20, 2020, 08:29:44 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
I don't see any changes in regards to its volatility, the market still unpredictable even before and until now. If we rely on chart analysis, price prediction, all of them aren't making good, and none of them seems to be reliable.you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
What I've noticed is that the market becomes stronger than before. Prices keep moving especially for Bitcoin every year which means that instead of thinking the market to collapse because people never understand the situation but it turns out that many people are coming to invest in Bitcoin. October 20, 2020, 07:20:51 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
I think it was always pretty difficult to analyze market prices. There was a pretty low percentage of people who could actually master that art and now with more and more people coming into trading obviously things are becoming more difficult in cryptocurrency trading. But yes there is one thing I have learned from an expert that no strategy is permanent. Almost every strategy that you make to analyze the market has to be changed and shaped according to time and new market conditions. Some people would make huge profits from their strategy in one year but then wouldn't make a dime out of the same strategy. It's because market sentiments change with conditions so strategies need to be molded too. For example, in 2019 market sentiment was pretty bullish people expected that we are going from a good economic stage therefore if there was a pullback to any bullish move it wasn't that strong but with the advent of 2020 we might start getting stronger pullbacks due to fragile market sentiments. you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
October 20, 2020, 07:11:15 AM
The cryptocurrency market has always been unpredictable and all can happen, even in 2017 it is difficult for people to invest effectively.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
I think no one knew what will happen in 2017-2018, but bitcoin showing the power to lift the price in a short time. The price can jump to the very highest price, which we never imagine before. And yes, this time, we are getting more difficult to analyze the crypto price, but we don't need to give up because of this. We need to keep trying to analyze and find the time to enter the market. Maybe we need to take a break for a while before analyzing the price, so we can see a sign to know what we need to do.However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
Well analysing a crypto market wasn't that easy on the first place and it didn't changed after all. It still not easy up to now, its volatility, being decentralised and unpredictable prices make it more difficult to spell on. But as what i have observed to the market this past few months cryptocurrency values were in an impressed values, especially bitcoin which have a value of $10000 and this was somewhat impressing to the investors.
October 20, 2020, 06:17:22 AM
The cryptocurrency market has always been unpredictable and all can happen, even in 2017 it is difficult for people to invest effectively.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
I think no one knew what will happen in 2017-2018, but bitcoin showing the power to lift the price in a short time. The price can jump to the very highest price, which we never imagine before. And yes, this time, we are getting more difficult to analyze the crypto price, but we don't need to give up because of this. We need to keep trying to analyze and find the time to enter the market. Maybe we need to take a break for a while before analyzing the price, so we can see a sign to know what we need to do. However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
October 20, 2020, 05:27:15 AM
yes when it become more develop ,so there is a less chance of manipulation
October 19, 2020, 10:07:36 PM
Crypto sometimes defies from technical analysis and just do its own without any fundamental attached to it making it more difficult to do price analysis. Hope this will change when we have a huge and mass adoption.
Technically, we couldn't force to stop with the volatility of cryptocurrency price as well as it is moving up and down around the crypto market, so thinking about a trading volume, I think it is difficult to maintain to a normal price due to the unpredicted system, therefore, we must learn on how to accept as a concern which is considering as like a game plan to survive and gain more and more.
October 19, 2020, 06:56:07 PM
The market ever since seems to be so unpredictable due to the fact that it is volatile so any sudden changes whether ups or downs can be expected but on which direction would it be is the difficult part to be predicted for no one exactly knows where it could possibly land in respect to time. Trading is a real risky and at the same time field of work in crypto because you are getting to exert time, effort, patience as well as managing your money and decision making on how you would react with the situation to still make yourself profitable and lessen the loss that is more abundant than profit for the first timers and even with the old ones. As time goes by, market is getting too way unpredictable in nature which is a real deal that you must learn and observe the market to be familiar with such movements and of course keep yourself updated into the latest news for global news are also somewhat and somehow affecting the changes on the market.
October 19, 2020, 02:34:12 PM
But only trading when there is a trend is a waste of time, when the price is ranging the price has a tendency to not go below a level and to not go above another level and when that happens you can use a ranging strategy, basically a strategy designed to take advantage of the ranging conditions on the market, if your strategy is well designed ranging markets can be incredibly profitable as they can produce consistent profits which bull markets cannot produce especially if you use leverage.
It's not a waste of time and it's where I have made most of my profits from unlike when the market is moving sideways. It's also very easy making gains when the trend is on. All you have to know is when to exit.Your strategy of ranging looks good until suddenly there is a breakout. Those small profits you made throughout the week could easily get wiped out in matter of minutes.
October 16, 2020, 04:47:17 PM
But only trading when there is a trend is a waste of time, when the price is ranging the price has a tendency to not go below a level and to not go above another level and when that happens you can use a ranging strategy, basically a strategy designed to take advantage of the ranging conditions on the market, if your strategy is well designed ranging markets can be incredibly profitable as they can produce consistent profits which bull markets cannot produce especially if you use leverage.
It's not a waste of time and it's where I have made most of my profits from unlike when the market is moving sideways. It's also very easy making gains when the trend is on. All you have to know is when to exit.Your strategy of ranging looks good until suddenly there is a breakout. Those small profits you made throughout the week could easily get wiped out in matter of minutes.
Bitcoin is analyzed well using technical analysis. You just need knowledge and experience. The screenshot below shows the current situation. Channel trading is very easy)) 
https://i.imgur.com/2nhdqgc.png
Seems easy when you are just drawing lines and picking out exit points from the past price movements. I mean you just draw lines while following the past highs and lows. But can you do it by forecasting the movements (buying and selling points) minus falling victim to breakouts? https://i.imgur.com/2nhdqgc.png
October 16, 2020, 04:29:20 PM
Crypto sometimes defies from technical analysis and just do its own without any fundamental attached to it making it more difficult to do price analysis. Hope this will change when we have a huge and mass adoption.
October 16, 2020, 12:29:43 PM
It was never possible to analyze it correctly and people just assumed they were good at it, in reality it was always a very difficult task to achieve but the difference was bitcoin was predictable because it was always strong, whenever it got weak it was obvious and you saw it going down pretty quickly as well so it didn't changed a thing during that time neither.
Stabilization is the part that makes it difficult, when it goes up you saw it going further up, when it went down you saw it going down, but when its stable you do not know what the next move is, we are not ready for a stable bitcoin price. We need to quit thinking about bitcoin as something only traders use, if we keep considering it that way we can't really make a big change feel like normal, and would always be looking to see what the price will do.
Stabilization is the part that makes it difficult, when it goes up you saw it going further up, when it went down you saw it going down, but when its stable you do not know what the next move is, we are not ready for a stable bitcoin price. We need to quit thinking about bitcoin as something only traders use, if we keep considering it that way we can't really make a big change feel like normal, and would always be looking to see what the price will do.
it was possible to analyse correctly you look here my analyses all prices went as i said ...
if there is clear pattern you can follow this but it seems to me that someone have chnaged the algo of the bots and btc dont do according to techical analysis like support and resistance.
October 16, 2020, 12:26:46 PM
It was never possible to analyze it correctly and people just assumed they were good at it, in reality it was always a very difficult task to achieve but the difference was bitcoin was predictable because it was always strong, whenever it got weak it was obvious and you saw it going down pretty quickly as well so it didn't changed a thing during that time neither.
Stabilization is the part that makes it difficult, when it goes up you saw it going further up, when it went down you saw it going down, but when its stable you do not know what the next move is, we are not ready for a stable bitcoin price. We need to quit thinking about bitcoin as something only traders use, if we keep considering it that way we can't really make a big change feel like normal, and would always be looking to see what the price will do.
Stabilization is the part that makes it difficult, when it goes up you saw it going further up, when it went down you saw it going down, but when its stable you do not know what the next move is, we are not ready for a stable bitcoin price. We need to quit thinking about bitcoin as something only traders use, if we keep considering it that way we can't really make a big change feel like normal, and would always be looking to see what the price will do.
October 16, 2020, 06:27:36 AM
The cryptocurrency market has always been unpredictable and all can happen, even in 2017 it is difficult for people to invest effectively.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
October 16, 2020, 05:50:34 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
Bitcoin is analyzed well using technical analysis. You just need knowledge and experience. The screenshot below shows the current situation. Channel trading is very easy)) you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
October 15, 2020, 04:05:47 AM
-snip-
One thing you must remember. Market always changed (including price & habits). Many factors come into play. Regulation, political policies, futures market, acceptance, FOMO, large number of coins, DEFI, and etc.Market can changed (move) as they like. And we, as traders, can only adapt to those changes.
changes in the conditions you mentioned greatly affect changes in asset prices in the market. I see that the crypto market is much different from other investment markets such as stocks, forex, and commodities. in the crypto market, we are required to be more patient waiting for opportunities while paying attention to outside conditions.
Jump to: