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Topic: Sources of information - page 2. (Read 560 times)

sr. member
Activity: 1638
Merit: 255
March 17, 2021, 06:45:51 PM
#44
Of course as a source of information to decide to trade and buy a coin besides reading the information from this forum, I look at
the trading chart for a coin that is already in my portfolio. A lot of news from the internet both from Twitter, such as tweets from
Elon and I also follow the  crypto  trading  Facebook  group, where  we  all  share  the latest news about crypto coins that will be
profitable in the future.
legendary
Activity: 3094
Merit: 1127
March 17, 2021, 06:24:13 PM
#43
I just roam around some crypto news I find online and I just do not stick into just one source for I have this kind of personality that I am not that contented nor convince having just one resource of information so I tend to verify it into other sources possible to support what I have read and clarify things out. I do also roam around different local and international news for they might be having an impact on how things work on the market so I keep myself updated into different sorts of news just to keep myself knowledgeable on how things are going around me. I do also use this forum of course to gather information from fellow users that I find helpful as well.
That is the better way because it helps you sift out the truth from the sensational lies, contrary to OP saying that some Twitter account is not a good sources of information, not all Twitter accounts is a bad source of information, in this day and age use everything that you can get your hands on, take Elon's twitter, if you try to analyze his tweets which definitely can move markets, you can gain some good information.
Not all the times but you can really get some valuable ideas with it which you can really apply into your own analysis which would really be that worth for you to test on.
When it comes to sources then it would really be in lots of ways for you to hear up and gain those information it is just depending on how you do filter one the
beneficial ones and the trash ones because not all would really be giving out the truth or something worthy to be followed.This is why fundamental analysis will
not really be so smooth in terms of selection on which one would be helpful.
hero member
Activity: 1036
Merit: 674
March 17, 2021, 10:57:59 AM
#42
My source of formation has been basically this forum. I get a few from the Internet and sometimes YouTube but, I do my best  not to get sucked in because, its often filled with scammers looking for opportunity where you live it open. The forum too has got this scammers but, they aren't much on the loose as, they know their accounts can get a ban should valid case be filed against them.
Get the info but, be careful hold it speak of investment.
member
Activity: 523
Merit: 11
March 17, 2021, 10:12:35 AM
#41
Hello guys,

What are some solid sources of information you are using to take trading decisions?
I am new into Bitcoin/crypto trading and I'm pretty much basing all my decisions on what I read on CoinDesk and what I hear on the Ledger Cast podcast.

Please, do not auto-promote your new blog/twitter account 🙏🏼. I'm looking for stablished sources of information.

Thank you very much!  Smiley


my source of information is prices and also information in the telegram group, where I have a telegram group there are many professional traders who can provide references when to buy and sell. so I think this is one of the best effects and needs to be used in the world of traders
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
March 17, 2021, 03:04:12 AM
#40
I just roam around some crypto news I find online and I just do not stick into just one source for I have this kind of personality that I am not that contented nor convince having just one resource of information so I tend to verify it into other sources possible to support what I have read and clarify things out. I do also roam around different local and international news for they might be having an impact on how things work on the market so I keep myself updated into different sorts of news just to keep myself knowledgeable on how things are going around me. I do also use this forum of course to gather information from fellow users that I find helpful as well.
That is the better way because it helps you sift out the truth from the sensational lies, contrary to OP saying that some Twitter account is not a good sources of information, not all Twitter accounts is a bad source of information, in this day and age use everything that you can get your hands on, take Elon's twitter, if you try to analyze his tweets which definitely can move markets, you can gain some good information.
sr. member
Activity: 1610
Merit: 264
March 17, 2021, 01:17:14 AM
#39
~
I wonder if some reputated news articles tend to fake out a news just because they're paid to publish certain false info.
I guess I should do that also as you mentioned which is more than one source.
From my previous replies here, I tend to go general headlines in Google on how's Bitcoin doing lately. I am not into article site-specific one.
Because some just reiterate others news anyway.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
March 16, 2021, 06:30:16 PM
#38
I just roam around some crypto news I find online and I just do not stick into just one source for I have this kind of personality that I am not that contented nor convince having just one resource of information so I tend to verify it into other sources possible to support what I have read and clarify things out. I do also roam around different local and international news for they might be having an impact on how things work on the market so I keep myself updated into different sorts of news just to keep myself knowledgeable on how things are going around me. I do also use this forum of course to gather information from fellow users that I find helpful as well.
full member
Activity: 2086
Merit: 193
March 14, 2021, 05:37:44 PM
#37
Thank you very much for all the replies guys!
I consolidated all this into my notes and favs.

Everything is good here, you should really have to analyze first our suggestion so you wont miss anything.
Some says their source of information is social media which I think should only be your secondary sources, in trading we focus on analyzing the price reaction everyday, we plot our chart and we do take necessary actions.
Depends if you’re trading seriously but if you just want a hype, then you can follow the tweet of Elon Musk and you can decide by there on when to buy and sell.

Seriously, there’s a lot of sources that can be use in trading decision mostly I used tradingview and Binance to plot my trading analysis, i know its not the real source but if you do have a list of good coins and projects then you can follow their social media accounts and wait for their updates.
sr. member
Activity: 2422
Merit: 357
March 14, 2021, 04:42:34 PM
#36
Thank you very much for all the replies guys!
I consolidated all this into my notes and favs.

Everything is good here, you should really have to analyze first our suggestion so you wont miss anything.
Some says their source of information is social media which I think should only be your secondary sources, in trading we focus on analyzing the price reaction everyday, we plot our chart and we do take necessary actions.
newbie
Activity: 47
Merit: 0
March 14, 2021, 02:58:20 PM
#35
Thank you very much for all the replies guys!
I consolidated all this into my notes and favs.
newbie
Activity: 47
Merit: 0
March 14, 2021, 02:57:07 PM
#34
using twitter drama and SMA EMA is NOT technical analysis. its deemed as TREND analysis

true technical analysis is studying bitcoins UTXO set of coins moving in the last 2 years (active circulation)
hint(utxo age distribution)

...


Wow Franky, Thank you very very much for putting that reply together, This is amazing information.
Very much appreciated, really!

sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
March 14, 2021, 11:47:23 AM
#33
Cointelegraph,coindesk, coinmarketcap, coinase, etc, etc so the list goes forever means you can't decide anything based on particular news sites. Even a piece of news that is not completely related to crypto may affect the economical market and the cryptocurrencies as well.

I used to have coindesk app to get any updates about crypto but in general lurking around bitcointalk is enough to know the news anything related to cryptos.

Lurking around the forum and make sure to have enough time to deeply deal with your research in any particular assets that you are eyeing to invest your money is more than enough.

This forum have it all if you are really aiming to find what project are good to place your investment, it's just you to entrust your money. Investing needs full reponsibilities.
full member
Activity: 1330
Merit: 147
March 14, 2021, 11:26:02 AM
#32
Fundamental analyst is the first factor that you have to know before you make an entry to trade. You may have often to see some cases that techically its price will go up because there is some factor like candlestick pattern and some indicators which support that the price will increase.

But, in a few time the price movement doesn't run based on your analyst even the price just move the opposite. After you make a re-check then you find the reason why behind it, there is an information that change the market sentiment.

Yeah I often find the situation, so as I always make a habitation before I make a prediction based on technical analyst I'll see the latest information first. And until now I always use these platform for my trading plan like investing.com, cointelegraph and twitter account that I followed the popular person like Elon Musk and some US ministers that I think everytime they make a statement can changing the market sentiment.
sr. member
Activity: 1120
Merit: 438
https://bitcointalk.org/index.php?topic=5274318.0
March 14, 2021, 11:10:11 AM
#31
Currently, I used some information from these sources:
- coinmarketcap.
- twitter, just to check the hype.
- cointelegraph.
- coinmarketcal, to know some upcoming events.
- telegram group, only a few groups with real discussions.
- youtube, coin bureau youtube channel.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
March 14, 2021, 10:08:29 AM
#30
I think its better if there is no limitation if we want to learn from the old days we are using books and experience of other people but today it's not too much do instead we are using the Internet and with the search engines which gives us the information in just a second also one of the information you can still use as the experience of the people like here on our forum there is much user that can share their experience so they keep aware about the possible outcome if they are having a struggle with the same situation.
legendary
Activity: 1974
Merit: 2124
March 14, 2021, 09:08:10 AM
#29
Hello guys,

What are some solid sources of information you are using to take trading decisions?
I am new into Bitcoin/crypto trading and I'm pretty much basing all my decisions on what I read on CoinDesk and what I hear on the Ledger Cast podcast.

Please, do not auto-promote your new blog/twitter account 🙏🏼. I'm looking for stablished sources of information.

Thank you very much!  Smiley


There are various sources available in the market but it depends upon you that which source best suits your choice and then act accordingly.They will only give you price prediction based on history charts, information with them that can affect the prices and other useful tools but most important is that how do you react to suggestions made by them and take action with your knowledge and skills.The best source is your knowledge,skills, experience and your plans.But if you are looking for some information sources then you can have a check on them :

- Cointelegraph
- CMC
- NewsBtc
- Blockonomi
- Cryptomaniaks( instagram page)

50 best crypto sources

Have a look at all of them and then make your choice.
member
Activity: 1204
Merit: 38
March 14, 2021, 05:24:47 AM
#28
Cointelegraph,coindesk, coinmarketcap, coinase, etc, etc so the list goes forever means you can't decide anything based on particular news sites. Even a piece of news that is not completely related to crypto may affect the economical market and the cryptocurrencies as well.

I used to have coindesk app to get any updates about crypto but in general lurking around bitcointalk is enough to know the news anything related to cryptos.
legendary
Activity: 2450
Merit: 4295
eXch.cx - Automatic crypto Swap Exchange.
March 14, 2021, 12:21:03 AM
#27
Hello guys,

What are some solid sources of information you are using to take trading decisions?

These totally depends on what my trading strategy for the day was, if I was to catch the news then I stay updated with news outlets and trade the news. If the strategy was to trade the rumors, I try my possible best to follow the rumors usually I use twitter for this. (Example doge cryptocurrency is been rumored to be listed on coinbase soon which is why the price is surging, I'm still trying to figure out how authentic this rumors is and following every development so far).

Do understand this isn't some cheap ads for doge, it has no fundamentals and just want to make some cash off it, don't take my reply as a financial advice, I'm not qualified to give those.

Finally, if I was to trade new exchange listing I stay updated with channels on telegram offering such service. You'll be amazed by the success you can achieve getting this information before most others speculators does.
full member
Activity: 2128
Merit: 180
March 13, 2021, 10:16:49 PM
#26
When it comes to trading, I don't look for any resources because I'm too focus on the price trend of the specific project not unless there's a big news for sure it can affect the price trend and change the trend easily.

There's a lot of good indicators that you can use for trading, it can tell you when to buy and sell and when to hold. If you're looking for ways to learn trading, then you can find many good tutorials on youtube about trading, its worth to watch those videos. 
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
March 13, 2021, 05:50:02 PM
#25
Hello guys,

What are some solid sources of information you are using to take trading decisions?
I am new into Bitcoin/crypto trading and I'm pretty much basing all my decisions on what I read on CoinDesk and what I hear on the Ledger Cast podcast.

Please, do not auto-promote your new blog/twitter account 🙏🏼. I'm looking for stablished sources of information.

Thank you very much!  Smiley


It seems that you are trying to implement some kind of trading the news kind of system and for the most part that is not going to work and the reason is that by the time you find out about a particular news powerful people already made their move so the market is already reflecting that particular news and it is too late for you to make profit out of it.

I understand the desire of newbies to try to make even more money than what the market can offer by simply holding your coins but once you have been here for long enough you understand that not only that is the safest path but ironically it is also the one that gives the most profits once you take into consideration all the fees and taxes that you need to pay.

What he is pertaining was fundamental analysis which trading base on the fundamental updates of the project he is following. This works 100% on crypto because most of the projects announce there project in advance and traders has time to react for it except partnerships ofc. You track upcoming updates on coinmarketcal for important upcoming events in crypto.

News is very powerful in crypto because of it was already proven since the the start of cryptocurrency.
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