Topic: it seems to getting more difficult now to analyse cryptocurrency prices - page 5. (Read 923 times)
October 07, 2020, 08:48:50 AM
hm,.. whales can predict what will happen, lol, they are the market movers so for sure they know when to get out and sell before anyone else can. And that's sorry for us anchovies, lol, only few can really predict how the whale thinks. As they all say, just buy now while the market is red or invest on a project that's really good. I've heard that NFT's will really be the next trend, one project I have my eyes on now is KittieFIGHT. You should check it out too.
October 07, 2020, 08:21:51 AM
It will always unpredictable because the market moves on every situation, even we analyze using our TA the trend can still be change so I admire those trader who are still making good money despite of the uncertainty. This is a fast market, if you can’t handle it and don’t know how to ride with it better to play long and wait for your target price to be hit, don’t stress yourself monitoring the market 24/7.
It is somewhat like analyzing an economic of a country which is difficult to analyze and cryptocurrency is not as far as how we analyze an economy of one country. Cryptocurrency was volatile, and decentralise that's why it is hard to predict or analyze the price of each cryptocurrency. We only need to observed how it moves and and be a wise decision maker on how do you trade your crypto, keep it or hodl it if you thinks the price is not worth enough.
October 07, 2020, 01:21:20 AM
This is crypto man! Prices are unpredictable these days. Even professional or expert traders cannot analyze the charts accurately, because of the sudden circumstances or events that either dump or pump the price in any minute, day or so. It is why that when we trade our cryptocurrencies, we should be more equipped with risk management and mental readiness.
For sure there are a lot of members again having struggles and trouble with their investment.After a week of observation most of the price of the bitcoin price range is into the 10600-10800 for me its too hard to make an investment with this price range I expected a lot to the bitcoin because from the start of the year the bitcoin on the month of January is very high and from the previous month of the market or April, it falls down immediately and from the month of June its burst up again. The market price of the bitcoin today is too hard to predict, Im a long term trader and this is not good and not a good time to make an investment too, because I really need in the market because of more movement.
But on the graph of the bitcoin, it looks like another bear trend because its already on the half going to downward well its too early to make a prediction lets wait for another week? or months to take a look for another market movement of the coin.
October 07, 2020, 12:44:53 AM
This is crypto man! Prices are unpredictable these days. Even professional or expert traders cannot analyze the charts accurately, because of the sudden circumstances or events that either dump or pump the price in any minute, day or so. It is why that when we trade our cryptocurrencies, we should be more equipped with risk management and mental readiness.
October 07, 2020, 12:17:12 AM
I don't know it is just because I just new to trade so I haven't know the crypto currency market movement especially for day trader. Same with OP, in August I've got $800 from my capital $100 and it took one month. But after that, in September and now October yeah it is really difficult to gain money even I just lose in almost all my entry. I feel like I'm being played by the market and I was thinking that I got $800 just a temptation that would cost me more than that. I hope it never happen, and now I try to find a lot of knowledge and buy some books about trading to solve this this situation.
October 06, 2020, 07:40:29 PM
It's difficult since then. No changes until now.
Remember the 2018 bear market? During the 1Q of that year, people think it will be the same on the progress it made in 2017. While the price is decreasing, there are still good analyzations that price on that year will bounce back by 3Q or 4Q but that didn't happen.
Crypto is unpredictable. In terms of difficulty, it's still the same as before. Chart readings are just for the trader's basis when making a strategy. It won't tell you the exact thing that will happen.
Remember the 2018 bear market? During the 1Q of that year, people think it will be the same on the progress it made in 2017. While the price is decreasing, there are still good analyzations that price on that year will bounce back by 3Q or 4Q but that didn't happen.
Crypto is unpredictable. In terms of difficulty, it's still the same as before. Chart readings are just for the trader's basis when making a strategy. It won't tell you the exact thing that will happen.
October 06, 2020, 07:31:52 PM
2020 is quite unpredictable anyway. But I always think that the market will have its own unexpected trend where the best thing you can do is take a break and just chill. There were many cases where the trend was unclear in the past, and if you don't have the right skills and tools, it will be difficult to make profits.
IMO, this is just another day in crypto (and trading in general), I don't find it that weird. Maybe it's time for you to take a break and wait when the market has a clear trend to make things easier for you.
IMO, this is just another day in crypto (and trading in general), I don't find it that weird. Maybe it's time for you to take a break and wait when the market has a clear trend to make things easier for you.
Crypto is always unpredictable, it has never changed anyway. The factors in play in previous years may not be the factors that are influencing in today's crypto market. Since this community is always evolving and adapting what is new in the market, we can't expect to predict what will happen to crypto prices. But you will have the idea on what will happen to the alts your'e following if you are diligently following their updates and developments.
October 06, 2020, 07:15:31 PM
no the market is already unpredictable and always will be. there's really no way you can predict it the analysis we are doing is based on the history of the market but even if there's a small chance that we can predict it still the market is volatile and anything could happen.
Some folks still managed to predict but unfortunately the reality wasn't that good, because the outcome doesn't coincide to it. We must not expect from somebody's analysis, doing it all alone can be done and nothing's to blame in the end. Anyways, there's no other options when you see that your asset is going to decline, dumping was the last resort if we can't handle our emotions during panic.
October 06, 2020, 06:25:35 PM
Just like Bitcoin_Arena said:
Right now, the market direction direction has been in uncertainty. There is no clear direction in sight of Bitcoin's next move since it has been ranging between the lows of $10.4k to $10.7K and in that time, Altcoins has seen significant drops in value ~ 30 - 40%. In a market such as this, you need to be able to adapt as the market evolves. If you don't, you might find it difficult to trade in the market.
For instance, Everyone's bias through july and August was bullish but tgat changed in September. As a trading, it's important to note when the trend changes so you can switch your bias in time to make profit in wherever the market heads to next.
In trading, there is a saying that goes "Trend is your friend"
Right now, the market direction direction has been in uncertainty. There is no clear direction in sight of Bitcoin's next move since it has been ranging between the lows of $10.4k to $10.7K and in that time, Altcoins has seen significant drops in value ~ 30 - 40%. In a market such as this, you need to be able to adapt as the market evolves. If you don't, you might find it difficult to trade in the market.
For instance, Everyone's bias through july and August was bullish but tgat changed in September. As a trading, it's important to note when the trend changes so you can switch your bias in time to make profit in wherever the market heads to next.
October 06, 2020, 05:45:40 PM
no the market is already unpredictable and always will be. there's really no way you can predict it the analysis we are doing is based on the history of the market but even if there's a small chance that we can predict it still the market is volatile and anything could happen.
October 06, 2020, 05:18:10 PM
It will always unpredictable because the market moves on every situation, even we analyze using our TA the trend can still be change so I admire those trader who are still making good money despite of the uncertainty. This is a fast market, if you can’t handle it and don’t know how to ride with it better to play long and wait for your target price to be hit, don’t stress yourself monitoring the market 24/7.
October 06, 2020, 04:54:36 PM
In trading, there is a saying that goes "Trend is your friend". In other words, always trade only when the market has started trending either upwards or downwards (for margin traders). When there is a breakout and the trend is on, it is easier to open positions and make profits in a few minutes or hours without having to get rekt but if the market is moving sideways like it is right now, things get unpredictable because it's hard to know when or where the next break out is going to happen. At this point even technical analysis is not of much help because big players tend to set up bull or bear traps.
October 06, 2020, 03:51:50 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?
market predictble movements was this year from january
i was predicting all the price targets right here now its just taking a lot more time and effots to hit the right targets so the markets now specially 2 months ago not as predictble as use to be.anyone got idea what could be the reasons for that?
Tip? Just continue on what you are doing and dont stress out yourself on why market is unpredictable because its always been like that.
October 06, 2020, 03:39:41 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?
Tell me on what year that the market had a predictable price movement? Its always been unpredictable and i cant really make out some pointing system if this year is much harder than the previous one.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 dont mind that much nor being concern with that because once the price cant really be predicted then i do treat it as a whole.It may differ in intensity but its all just the same.
One thing here is that you do still need to analyze that much on how you do gonna re-enter nor exit on the market.Its never been easy to trade and its expected that it would really be a
difficult one.
market predictble movements was this year from january
i was predicting all the price targets right here now its just taking a lot more time and effots to hit the right targets so the markets now specially 2 months ago not as predictble as use to be.anyone got idea what could be the reasons for that?
October 06, 2020, 03:22:15 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?
Tell me on what year that the market had a predictable price movement? Its always been unpredictable and i cant really make out some pointing system if this year is much harder than the previous one.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 dont mind that much nor being concern with that because once the price cant really be predicted then i do treat it as a whole.It may differ in intensity but its all just the same.
One thing here is that you do still need to analyze that much on how you do gonna re-enter nor exit on the market.Its never been easy to trade and its expected that it would really be a
difficult one.
October 06, 2020, 02:38:52 PM
There is just no easy job to make money. Charts are hard to analyze unlike when its just going up. Its a race against time too. The more is gets risky upon trying to new options like the derivatives while not quick to learn where to find buttons to click on the exchange interface.
Checking the chart from daily to weekly helps to see where the market could go. I have not an expert but I think it will help you see and then shift again to daily or to 4hour if you plan to be very busy the whole day.
Checking the chart from daily to weekly helps to see where the market could go. I have not an expert but I think it will help you see and then shift again to daily or to 4hour if you plan to be very busy the whole day.
October 06, 2020, 02:30:58 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?
For the most part that is the reality for most markets, market are not supposed to be easy to predict, the only instances in which this is possible is when we are in the middle of a bull or bear run, this is why to you it seemed as the market could be perfectly predicted as the bullish market created by the DeFi coins made very easy to invest in many coins and know that you will earn money with them, but as the enthusiasm over those coins is going down the market is becoming unpredictable once again. 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 06, 2020, 02:08:15 PM
Honestly, no one could predict and analyse what will be the price of Bitcoin and the price of bitcoin is always depend on demand and supply that we can't control.
It's not the same as before that the price movement is the same as what happen every end of block-halving. There is a little similarity in the price movement these days but it's not the same as 2016-2017 where the price is increase so fast.
If you want to make profit on trading always do the basic which is buy low and sell high, do this with timing and it will make your a good profit.
It's not the same as before that the price movement is the same as what happen every end of block-halving. There is a little similarity in the price movement these days but it's not the same as 2016-2017 where the price is increase so fast.
If you want to make profit on trading always do the basic which is buy low and sell high, do this with timing and it will make your a good profit.
October 06, 2020, 02:03:36 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?
I see no difference at all honestly. Maybe you just think of it because some of your analyzations didn't go the way they supposed to go even how professional and properly backed it up. For much better response, what are those analysis you are pointing that lead into wrong output?
Or maybe, we are just expecting too much. So in an event wherein our analysis went wrong, we conclude it right away that market is more unpredictable than before.
Just try and try as there's no perfect analyzation.
October 06, 2020, 01:46:44 PM
2020 is quite unpredictable anyway. But I always think that the market will have its own unexpected trend where the best thing you can do is take a break and just chill. There were many cases where the trend was unclear in the past, and if you don't have the right skills and tools, it will be difficult to make profits.
IMO, this is just another day in crypto (and trading in general), I don't find it that weird. Maybe it's time for you to take a break and wait when the market has a clear trend to make things easier for you.
IMO, this is just another day in crypto (and trading in general), I don't find it that weird. Maybe it's time for you to take a break and wait when the market has a clear trend to make things easier for you.
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