Useful Tools to analyze cryptocurrencies market

posi

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Quote from: pitiflin on June 22, 2018, 03:33:25 PM

Coinmarketcap and other websites similar to this share the same features? What's unique in this?

Also, how many people do you think use websites like these? I'll tell you: Not many! They see the price and have a panic attack right there. Only like, pro traders use trading tools and these aren't even those tools. This is just for reference purposes.

There is a little in the page posted by the OP and the different is that it provide the direct answers and OP only make mistake with the thread name cause he/she should have use ATH,dump and pump table something like that.

suzanne5223

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Quote from: bitterguy28 on June 21, 2018, 06:06:09 PM

you have point tools to analyze cryptocurrency market are useful but for me in my own observation there nothing accurate tools to analyze cryptocurrency as decentralized volatile movements eve the monitoring in the flow chart hard to predict when comes goes high the value or when its come goes down.

You're right when you said there is no analysis tools which will forecast the accurate price of cryptocurrency due to the decentralized volatile movement of the market but the analyze tools will provide some tips and my believe is that analyzing tools are meant for edification of cryptocurrency traders.

zocipro

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I am more than thankful about all this information, but well, this is not for experienced traders, this is just for newcomers in here that really want to learn a little bit more

Mahanton

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Quote from: pitiflin on June 22, 2018, 03:33:25 PM

Coinmarketcap and other websites similar to this share the same features? What's unique in this?

Also, how many people do you think use websites like these? I'll tell you: Not many! They see the price and have a panic attack right there. Only like, pro traders use trading tools and these aren't even those tools. This is just for reference purposes.

Same question and same views with these matter i dont see any uniqueness or surprising thing being posted on op and its just simply a promotion of the site for sure.Same as you said this isnt really considered to be a tool but this would only good for reference.

When we do talk about trading or useful tools then usually we do talk about indicators to be used on actual trades.Fundamentals would be considered to be tools too.

pitiflin

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Coinmarketcap and other websites similar to this share the same features? What's unique in this?

Also, how many people do you think use websites like these? I'll tell you: Not many! They see the price and have a panic attack right there. Only like, pro traders use trading tools and these aren't even those tools. This is just for reference purposes.

bitbunnny

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Tools for market analisys might look very attractive but I have to say that in practice they are rarely useful.
They are not very accurate and depend on information they are feeded which might be wrong too.
To my opinion they could be used for some kind of guidelines and orientation but wouldn't suggest to rely fully on them, they might give you the wrong lead.

kevoh

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Quote from: Koro-Sensei on June 21, 2018, 10:54:30 PM

I'll add Coinmarketcap.com it shows you all the altcoins and their information and where you can trade legit. It's all in together those suggestions of OP are not helpful in any way if you are trading your tokens every site has different values in fact every site don't have the same price those links of OP represents only a little amount of websites just like binance etc.

OP's suggestion of useful tools is basically him posting links to his coingolive website. Coinmarketcap is already doing a good job as the ones posted in the posted links.

Koro-Sensei

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Quote from: giannunes on June 03, 2018, 09:34:55 AM

All-Time High Cryptocurrency
Analysis when the historical high was reached, what is the current price position and how many percent the current price will increase in relation to the historical high
https://coingolive.com/en/coin/ath/

Growth History Cryptocurrencies
Analysis of cryptocurrencies historical growth in the 24-hour, 1-month, 3-month, 6-month, and 1-year
https://coingolive.com/en/coin/change-history/

Maximum cryptocurrency price
Estimate the price of each coin with the same market capitalization of Bitcoin
https://coingolive.com/en/coin/price/

Cryptocurrency Change in 24h
Find a cryptocurrency with higher variance, see the difference between cryptocurrency's low price and high price in the last 24h in different exchanges and analyze the position of the last price
https://coingolive.com/en/coin-change/binance/btc/

I'll add Coinmarketcap.com it shows you all the altcoins and their information and where you can trade legit. It's all in together those suggestions of OP are not helpful in any way if you are trading your tokens every site has different values in fact every site don't have the same price those links of OP represents only a little amount of websites just like binance etc.

InvestICO2L

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Quote from: bitterguy28 on June 21, 2018, 06:06:09 PM

you have point tools to analyze cryptocurrency market are useful but for me in my own observation there nothing accurate tools to analyze cryptocurrency as decentralized volatile movements eve the monitoring in the flow chart hard to predict when comes goes high the value or when its come goes down.

These useful tools is just the tool of analyzing, we’re relying on it to analyze. It does not mean this tool is such a accurate way to use for analyzing. Because as you know if this means of analyzing the fluctuation exactly, perhaps almost all people in this market would be much more likely to get a big income without spending too much afford. All we should do in these tools is exploiting the necessariness that these tools provides for us. Anyway, there’s no exactly tool for one to analyze, it depends on many factors to have a good prediction.

embarrasstor

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I think the site is just providing a chart for displaying historical data by different categories, what I expect a useful analysis tools is from a professional / experienced trader making conclusion on under what particular reasons happening in the world is affecting the market like when an exchange hacked, when some regulations about crypto is out. It would be also more enthralling if any prediction is made, as a forecasting report by any forecasting tools.

Hope to see more from this website

bitterguy28

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you have point tools to analyze cryptocurrency market are useful but for me in my own observation there nothing accurate tools to analyze cryptocurrency as decentralized volatile movements eve the monitoring in the flow chart hard to predict when comes goes high the value or when its come goes down.

VeteranH

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Thank you for sharing. I will check some of the links out.

trumper

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Useful websites thanks, all time highs page is very tragic, current prices are very low compared to the ath, bitcoin is still good but altcoins Embarrassed

giannunes

newbie

Activity: 5

Merit: 1

All-Time High Cryptocurrency
Analysis when the historical high was reached, what is the current price position and how many percent the current price will increase in relation to the historical high
https://coingolive.com/en/coin/ath/

Growth History Cryptocurrencies
Analysis of cryptocurrencies historical growth in the 24-hour, 1-month, 3-month, 6-month, and 1-year
https://coingolive.com/en/coin/change-history/

Maximum cryptocurrency price
Estimate the price of each coin with the same market capitalization of Bitcoin
https://coingolive.com/en/coin/price/

Cryptocurrency Change in 24h
Find a cryptocurrency with higher variance, see the difference between cryptocurrency's low price and high price in the last 24h in different exchanges and analyze the position of the last price
https://coingolive.com/en/coin-change/binance/btc/

Topic: Useful Tools to analyze cryptocurrencies market (Read 232 times)