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Topic: What are all the golden rules of bitcoin predicting? (Read 373 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
there are two most important points, perhaps this is the golden rule, not in terms of prequel, but controlling yourself from greed and patience. When you lose you have to be patient to hold it, or have to lose but you can take advantage of that moment, or you have to learn not to be greedy if the target is reached never to change the target, or you will regret it. this is my own experience.
That greed and patience will be the things that are very important to us that need to be controlled to help us prevent the loss and make a profit. Greed will become bigger if we do not sell the coin at the right time, and I guess that many traders have that experience. Patience is something that we must have in any situation, especially if we see the bearish trend is coming to wait for a while and still analyze knowing what we should do. If we lose control of greed and patience, we will not take too long to lose our money.
sr. member
Activity: 2352
Merit: 256
Vave.com - Crypto Casino
there are two most important points, perhaps this is the golden rule, not in terms of prequel, but controlling yourself from greed and patience. When you lose you have to be patient to hold it, or have to lose but you can take advantage of that moment, or you have to learn not to be greedy if the target is reached never to change the target, or you will regret it. this is my own experience.
full member
Activity: 1638
Merit: 122
that must be the new golden rule because we are now in the era of hypes but before , the golden rule for investing cryptos is buy low sell high .
 other golden rules are > not your keys not your coins , hodl , buy the dip . theres many more but this are only the ones i know .

Quote
One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.
hodling is one of the golden rules but it can apply to the main coins only and not on the hype coins .
if you invest late on hype coins , you can sell at a loss to prevent more losses .
sr. member
Activity: 668
Merit: 257
There is no such existing rule when it comes to Bitcoin prediction for those people are only stating their in sights and what they think of how they can be able to make deal with the Bitcoin market. Also, no one could actually predict what will happen or how things will turn out with regards to Bitcoin since it is highly volatile. Golden rules are only created by people for their own personal use or to influence other people to get into the same path like they do. It is up to you if you will follow it or make your own rules to follow.

I agree and the China news now show that your predictions are just worth nothing because you can't predict when and if the Chinese government decides to crack down on people who are involved with cryptocurrencies. Where are the technical analysis gurus now? Did they predict this? They couldn't as their TA doesn't contain any information that is politically related. Since Bitcoin obviously is highly political, I don't pay any attention to models that can't reflect exactly the issues that have a major impact on Bitcoin's price.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
There is no such existing rule when it comes to Bitcoin prediction for those people are only stating their in sights and what they think of how they can be able to make deal with the Bitcoin market. Also, no one could actually predict what will happen or how things will turn out with regards to Bitcoin since it is highly volatile. Golden rules are only created by people for their own personal use or to influence other people to get into the same path like they do. It is up to you if you will follow it or make your own rules to follow.
sr. member
Activity: 668
Merit: 257

One thing I know is never sell at a loss?


Everyone doesn't want to lose. in crypto I think you have to believe in yourself without following other people's understanding / predictions of others, and the most important thing is to buy bitcoin when the price is down, not at the top, that's the main thing that must be applied and one more use your free money not your wife's money

No, it can certainly make sense to listen to other peoples' opinions. These opinions might even complement yours or open a different perspective or angle of consideration. As long as you use inputs from others as a tool to improve your own information processing, it is fine. If you skip the step to put in your own effort, you might fall for someone who did the same and tells you stuff that is not grounded and proper due diligence but pure speculation and the hope to turn you into another buyer in order to push the price up further.
hero member
Activity: 1260
Merit: 510

One thing I know is never sell at a loss?


Everyone doesn't want to lose. in crypto I think you have to believe in yourself without following other people's understanding / predictions of others, and the most important thing is to buy bitcoin when the price is down, not at the top, that's the main thing that must be applied and one more use your free money not your wife's money
jr. member
Activity: 56
Merit: 13
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.



It's very straight forward. if you can learn how to predict (or anticipate) human behavior then you can most likely predict price action (directionally). The market is made of human participants (and bots that are trained to react to market structure which is preceded by human action). Learn human behavior and you will have an edge on the market. That's why they say the best traders are usually psychologists.
member
Activity: 1162
Merit: 58
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.
even if you had watched this earlier yet you will never buy because he is not a legit person tobelieve in and you just give Him sympathy because his  prediction becomes true.

Quote

 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.
WRONG , you can sell at loss if you have other coins to replace and has potential to make you have recovery.

Quote
Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.

Because it is your learning and understanding that will make you gain and not other people telling you.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I only buy low and sell high. Buy the hype and sell the news seems easy to do, but you can not expect that will always work, especially if people see that the news does not impact the market.

Maybe you can cut the loss of your coin and buy at the dips to prevent the big loss if you still hold the coin. But no matter what your decision is, you should analyze it before the act.
jr. member
Activity: 83
Merit: 3
No one in the world should dare to say that they have mastered the golden rules of Bitcoin investment. Perhaps the rich and giant whales can affect the price of Bitcoin, but they cannot predict when Bitcoin will rise sharply. Everyone has their own standards. By law, it is impossible to predict completely accurately. It can only be said that you are absolutely optimistic about buying Bitcoin as a long-term investment method.
sr. member
Activity: 668
Merit: 257
"Buy the hype, sell the news"
Buy the rumor, sell the news. That saying reminds you to buy rumor that can create price dip and sell with the news when price would rise with good news.

If you buy the hype, you will be stucked at all time high or temporary peak, you will be challenged by later dips. If you shake out, you will cut loss and end with loss.

Nobody can predict the market. If you know any investor say, I can predict the market and believe me, my prediction is 100% correct. The best thing to do for you is don't listen to that person.

What do you do if I now tell you that Amazon integrates Bitcoin and makes it the only payment option on the platform? Are you going to buy Bitcoin because it is a rumor? Or are you first going to confirm the rumor, thereby removing the characteristic of being a rumor from the rumor. When do I know what a rumor is without destroying the buy-the-rumor effect because then it can't be a rumor anymore when it's fact?
full member
Activity: 1834
Merit: 166
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.

So how much the so called youtuber who can predict the market has gained with these "golden rules". According to me you can speculate the prices for any coin based on technical and fundamental analysis but exact prediction is not possible.The rules varies from trader to trader like for some best strategy is to invest "when there is blood on streets" which means invest when charts are red if you have hodl btc.Many have faced looses in search for perfect time to sell or buy because if there was any rule then all will have profits.But one thing is sure invest timely.
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
there are no special rules in my opinion, we all get it ourselves, both profit and loss but the most important thing is not to invest more than what you have. invest from the excess or unused money you have. so we can wait for the right moment to sell it in order to take profit.
sr. member
Activity: 574
Merit: 251
The main key is to keep holding, i prefer not to think about cut loss, it's better that i hold it for long and wait for the time rather than experiencing loss. Other than that, i think another important rule is not to be influenced by the news and do panic selling. Panic selling is one of the reason why bitcoin can be destroyed, we don't want the thing happened in 2017 to happen again right? So people should be a lot wiser now and think thoroughly before they decided to do anything. Investing in bitcoin is pretty simple actually just keep believing and hodl, you might gain lots of profit from there.
sr. member
Activity: 1050
Merit: 286
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.

I don't think there's such thing as a golden rule in making predictions. Remember that you are predicting what may occur in the future which means you are only speculating through observations on factors such as price movement and the current influence of the coin. You can get it right in predicting through getting other people's opinion wherein it would be best if you would follow the prediction of the majority. It is just right that you should buy the hype and sell the news because through that you can ensure that the probability of it occuring will take place in the future.
full member
Activity: 700
Merit: 182
Well interesting this sentence "buy the rumours, sell the news". But remember this type of strategy use experts now you might be think if this strategy is for experts then now i know about this strategy so am i experts?  Well, its quite yes. But those aren't only experts who can only make profit those are also experts who are ready to face any kind of lose situation. Because they understand its also a strategy for bitcoin. So they take chance about that sentence if it works they are in profit but if it won't work they are in lose. Though they are able so they can easily recover it but beginners can't. So according to me bitcoin is rules less. You just make your own rules be your own rules maker. Thank you
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
I'm not sure about "not selling losses" because as long as we trade we've certainly done that, because that's the usual thing, to minimize losses. Now the golden rule in my opinion is with the prequel to the EMA21, this was once explained in youtube crypto savage. You can check it.
hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
If you as ask I would say since the market of crypto and bitcoin is too young and it can be effected by the news hugely, there will be a bit harder to predict and the price of bitcoin comparing gold and other assets. I would say as history showed us, if someone is going to invest for long term and needs to predict the price he would be better to forgot the news and tweets by famous people because they will try to take advantage for themselves in first place. So the golden ruse can be to aim for high and forget the tweets.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
I think it is impossible for Bitcoin to predict accurately. There is no golden rule. It is better to believe in yourself than to believe in other people’s predictions, because this time it was completely sudden and was affected by external factors. I want to fully judge whether it is rising or falling. It is unrealistic, so I suggest that you hold Bitcoin is the best, because from the general trend, it has been rising, and it is effective as a long-term store of value.

It's possible that is why there are YouTubers who predicted the crash on the night of SNL, it's just not a very accurate price, however. But there's are other rules to follow when predicting Bitcoin and one of them is that sell your coins whenever it hits the ATH or prepares to lose your profit when you hold your dear coins in bear season. Sell because time to gain is when you sell.
jr. member
Activity: 100
Merit: 2
Buy Bitcoin
There's multiple charts that helped me predict Bitcoin's bull market and bear market.
The best rule is that you win when you buy "diamond hands", you lose when you sell "paper hands" and buy the dip.
Set it and forget it for 10 years or more.

 Grin

Bitcoin is a digital asset.
Tether and USDC are digital currencies.
ICOs and NFTs are digital tulips.
jr. member
Activity: 75
Merit: 1
I think it is impossible for Bitcoin to predict accurately. There is no golden rule. It is better to believe in yourself than to believe in other people’s predictions, because this time it was completely sudden and was affected by external factors. I want to fully judge whether it is rising or falling. It is unrealistic, so I suggest that you hold Bitcoin is the best, because from the general trend, it has been rising, and it is effective as a long-term store of value.
hero member
Activity: 1106
Merit: 570
The Golden rule is 'Don't bet against Bitcoin'. You could have short term success but that will end in tear if you continue betting against it. Many in the past has already regretted betting against Bitcoin and more in the present and future will regret too. Bitcoin is more than just an asset or currency, it's a movement against the Fist that the government has soiled.

The whole buy the hype strategy isn't new, it has been exiting from the onset, don't get too carried away by the YouTubers prediction, the hand writing was written all over the wall already. Many predicted a crash on the SNL show as the hype before the show took all the momentum out of the market.
legendary
Activity: 2688
Merit: 1192
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.


That saying has been around for 50+ years, it is not in any way new. The reverse to that particular quote is "If it's already in the news, you're most likely too late". The best traders are super flexible with their rules, they learn their trade and one part of that is adapting to new information constantly. One thing that worked for you for a long time may suddenly stop working, at which point you need to figure out why and whether it's possible to optimize your strategy or abandon it for the next big idea. It is very foolish to say you should never sell at a loss and can end up losing you a lot of money. For instance I bought into a company share at around 2.50, got fed up with seeing how poorly managed it was, so exited it at 1.50 and resulted in a nasty 45% loss. I accepted that and am happy that I got out at the point. It then proceeded down to 0.20 which could have resulted in a 90%+ loss and I very much doubt it will recover for over a decade back to the original point.
legendary
Activity: 3276
Merit: 2442
Anything can happen. This is all experimental stuff. It can go to a million or to zero. I give it equal chances. As long as you are aware of this, you will be fine. If you forget that, you'll be damned. Predicting is like gambling. Sometimes it happens and sometimes it  doesn't. If you could predict everything right, you wouldn't be asking these questions.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
Still remember about buy rumor, sell news. Because when the things really happen, i mean something that happen about bitcoin, people will start selling theirs. Maybe if you can predict about how stream of bitcoin price, like because affected by market or maybe influencer or maybe something that happen in future is good. But in other side maybe better miss the train than late, because who late is people who get FOMOed and then it can make they lose in trading. And emotion control is important key too.
legendary
Activity: 3094
Merit: 1127
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.


Dont get Fomo'ed
Dont get easily fall with FUD
Dont easily get panicked
Be greedy when others are fearful and be fearful when others a greedy
Always set out profit taking/ Dont ask for more
Always set out risk management thing
Dont easily believe with some shills and bullshit talks from popular people
Always rely with your own analysis and not into others

These are just guidelines but not actually a sure thing that could save up your ass into the market. Just play on it well and remember
on what are the things you should gonna do and you would be mostly be fine.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
When in doubt, buy it out Cheesy

Just kidding. I guess you can say that whenever there is an immense negative press about bitcoin, you can buy some and potentially make a profit off of it. It has been proven time and time again that you can really make money out of bitcoin by just doing that, though you sometimes have to wait for some months in order for your gamble to turn out into something. That's mostly buying bitcoin in general, really. For predictions, there isn't really anything that stands out, as most of the methods that are being used by people differ greatly and does not have a track record of always being successful.
hero member
Activity: 1890
Merit: 831
For me the rules might be :

1. Do not believe anyone regarding predictions
2. Do not buy when the price is climbing
3. Remember that you only loose when you encash
4. Do not get influenced by people on Twitter or anywhere for that matter
5. Do not trust small Altcoins
6. Always keep track of the news
7. Always make sure that you have your alarms set for price updates in the market
8. Do not trade for other people , like your family members , friends etc . 

Other than that I do think there are no rules in the market, you learn on the way and try and make the best of it.
sr. member
Activity: 2268
Merit: 275
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


avoid things that are hype, because if you follow the news and then execute without thinking, obviously you have trapped your finances. keep thinking realistically in terms of trading, buying and selling must be based on the conclusions you get from the results of your own understanding. Don't be in a hurry to buy, you need to be careful and always keep in touch with people who understand, at least they are experts in the field of analysis, read a lot of the latest journals and articles, so you can use them as a reference.
jr. member
Activity: 70
Merit: 2
Prediction ---> bitcoin will rise in value over time.

Golden rule ---> dollar cost average and HODL.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
I don't really understand this phrase. First come the news, and then the media spread it and the hype it created around some event. So I'd say buy the news, sell the hype because you should buy once something happened that'll make the price rise, and sell when the topic is overhyped and the price is this at its peak. In any case, this is not the rule of predicting, and it's really hard not to miss that moment when people are suddenly starting to buy or sell. It's easier to see the tendency for some time and then make a long-term investment when the price is pretty low for some time but isn't getting lower IMO.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
"Buy the hype, sell the news" recipe for speculative trading it does work but it's even much better if you know how to read your charts, because 70% of the time you can see your SNR and predict were price is headed and know what to do with your crypto.

Sorry didn't give any golden rules,because I use naked charts and a little bit of some luck Smiley
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
Golden rule from me is that you shouldn't have the motivation to buy crypto-currency or predict it based off golden rules, I know many who follow up prediction on telegram and has only failed following the prediction the pick-up in there, the so called golden rules is like chance rules because, so make profit from it while others just keep searching for a rule they would profit from.
Before a preposition/hypothesis can become a rule it must have accuracy and continuity of success rate.
legendary
Activity: 2282
Merit: 3014
The golden rule with any sort of "investing" is have a plan laid out beforehand.  I constantly see people who invest in things ( could be anything ) and they are often not prepared ( they haven't done the proper homework ) as well as not having a plan mapped out when they first buy in.  You need to know where this fits in your portfolio.. is this a long term thing, is it a short term trading move, what is it exactly you are looking to accomplish and when?  Map out your plans!
sr. member
Activity: 1848
Merit: 341
Duelbits.com
There is no explicit rule for this matter, you just need to identify all the sources from which the statement comes. always be more critical of something that you are not 100% sure about. always find information that really has an idea that can be accounted for.

So far, what he says in the video, is only limited to a certain period, and its accuracy cannot be fully guaranteed.

you've done the search correctly, but that's not enough. there are still many references that must be known. written rules depending on where the source is obtained.

keep doing research, don't just look at one view, because sometimes hype can backfire for those who are easy to believe, without doing any further searching.
legendary
Activity: 3080
Merit: 1500
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.


Buy the hype, sell the news - this statement may be useful for the day/short term traders but doesn't work for the long term holders. But when it comes to predicting, who the hell bothers about long term holders anyway. But that's what I want to talk about.

Long term holders are inherently bullish about an asset. So the golden rule for them - buy the dip. Cost averaging is the best possible Avenue for the to make money and for that, buying at every dip is important. That's what I personally follow.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
My personal golden rules of predicting the price:

Rule #1:  Don't.  Markets are fickle.  Just accept that you're gambling.  It's largely a question of luck and being in the right place at the right time.
Rule #2:  If you ignore Rule #1, don't invest more than you can afford to lose.




member
Activity: 266
Merit: 20
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.



If you are up huge gains, Take some profit off the table.
Anything over 3X is huge gains.
Investors take profit, Gamblers bet it all until they lose it all.

That profit could be just enough to cover your original investment or more.
It makes it much easier to hodl the rest during the downturns.

Because lets be honest, you got into investing to earn money, which means selling has to be done if you ever want to profit.

Good Luck in your Choices.  Smiley

 
member
Activity: 85
Merit: 25
Quote
One thing I know is never sell at a loss?
For any asset I wouldn't rely on this as a rule.  If the underlying reasons and fundamentals concerning the asset no longer fit your investing criteria feel free to sell, don't base it on your entry price.  If you have a thesis about and asset and the price goes way down don't sell if the thesis is still intact. 
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.


There is no golden rule. You cannot predict the future, neither can famous youtubers.

We faced a very strong bull market, and the price is still about 300% up since 1 year ago.

What to hear the most successful  and widely adopted strategy that you should know? HOLD.

In long term, if bitcoin becomes achieves what it proposed, you will make a lot of money just buy holding, probably more than trying  to predict the future "buying the rumor selling the news".
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
"Buy the hype, sell the news"
Buy the rumor, sell the news. That saying reminds you to buy rumor that can create price dip and sell with the news when price would rise with good news.

If you buy the hype, you will be stucked at all time high or temporary peak, you will be challenged by later dips. If you shake out, you will cut loss and end with loss.

Nobody can predict the market. If you know any investor say, I can predict the market and believe me, my prediction is 100% correct. The best thing to do for you is don't listen to that person.
member
Activity: 173
Merit: 20
So. I heard recently from one of the few more level headed crypto youtubers. "Buy the hype, sell the news" or something. Basically she predicted the SNL doge crash. I wish I had watched that video before hand. But that's a new golden rule, buy, then before the news/expectation that it will pump sell.


 One thing I know is never sell at a loss? Maybe? Hold like your life depends on it.

Any other golden rules I should know about? I constantly hear about everyone making great gains but I never seem to be able to.
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