Topic: Which sources do you use in order to make a trading decision? and why? (Read 1200 times)
August 22, 2017, 10:26:58 AM
twitter and bitcointalk for news and turtle for buy and sell signals http://www.turtlebc.com/?ref=AtQe63Cw
August 22, 2017, 10:20:24 AM
I do not consider my self as a professional trader, and trading decision comes from:
First, reading the charts. I dont buy even they hype the coin if the chart tells that the coin is about to go down.
Next, crowdsourcing information, I usually get some advice from crypto analyst on Twitter and Steemit.
First, reading the charts. I dont buy even they hype the coin if the chart tells that the coin is about to go down.
Next, crowdsourcing information, I usually get some advice from crypto analyst on Twitter and Steemit.
August 22, 2017, 10:03:15 AM
Hi there
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
By making the actual trade in the platform, this would depend on the coin you had, if the coins you hold has a group chat it can be one of the source, But I don't trust on slack because there other people sending a link inside which once you open it if your not careful you will be hack.
August 22, 2017, 07:00:31 AM
Hi there
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
I've tried one of those telegraph pump groups once before and yeah i was able to earn from them to be honest. Though i usually just check now the charts and only invest in trusted proven coins. Profit isn't that big like when you gamble on a new coin but its less riskier
August 21, 2017, 09:02:10 AM
I mainly use reddit and twitter for news sources, coinmarketcap for statistics and coinigy/tradingview for charts and TA. But I'm rather new to this area so I'm still learning.
If you are new but still know about all these, this means you have good knowledge of crypto market and I can see you will perform better than many other old investors who lack knowledge. It is good to use all these famous sources to back up your decisions with logics rather than mere guesses and emotions. August 21, 2017, 07:09:43 AM
I am using cryptoping,
You have to filter it.
The main source: CHART, I am reading chart
You have to filter it.
The main source: CHART, I am reading chart
August 21, 2017, 05:37:15 AM
Hi there
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
Hearing news from those groups is one of the tools but its not really necessary since you can able to execute a good trade with just a simple tool without relying too much on those informations. My trading ways is just seeing on the chart and making some technical analysis and somehow there are times my guts and intuition do help me on making decisions and luckily my winning trade ratio is more than on my loss which means it does work for sometime. I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
August 21, 2017, 05:34:10 AM
Sources? I mostly use my instincts in making decisions, no slack nor telegram group, rarely check the charts as well. I'm focusing on the exchange and the movement of market. If I want to know the latest happening with the coin, I will check the ANN thread here. That's all.
August 21, 2017, 05:16:54 AM
I followed people comments on https://reddit.com/ r/bitcoin to know the mind of traders and gather my fundermental analysis information. Then I do used https://poloniex.com to get technical information as this is the most visited trading sites with rubus trading information such as charting and candlesticks analysis. From there I will follow my mind to decided ether to place a trade or not and it has not fail me.
August 20, 2017, 01:39:16 PM
The source I am currently using is very easy... any long-term chart.
All you need to see is the price exponential rise.
This should be a good indicator what you must do.
I bet most newbies would rather look elsewhere than some charts, because many of them are of the view that technical analysis is more of a forex and stocks thing and no place for it in crypto-trading. Most senior members however do realize that outside of fundamental news, speculation is the other major force that has been driving the price of Bitcoin and other coins and there is no better way to feel the pulse of the market than through an in-depth insight of technical analysis. All you need to see is the price exponential rise.
This should be a good indicator what you must do.
August 20, 2017, 12:52:24 PM
Traders here are always relying on the graph because it gives a lot of information of your coins currency, I dont usually follow the hype and investing into it. I always hold longer depends on when my coins price will rise up again. My main source on where i usually research is twitter and facebook i follow some of those startup companies here and look at the actual chart to check if the price is right.
August 20, 2017, 08:17:47 AM
I do my own research before putting anything in any coin, following other's advice or any telegram/chat group is just waste of time and money.
I keep my eyes on all crypto related news and if found something interesting that can affect market, I will go deeper into it and trade accordingly.
I use to follow telegram group and always ending up losing and being trapped so from then I start to look for some good reason I check the ann page and see if there's some update regarding to a certain coin then checks if there's already an speculation thread about rumors when the coin will be pumped up I will see to it that I will try buying in its dip then wait till the price will go up again. I keep my eyes on all crypto related news and if found something interesting that can affect market, I will go deeper into it and trade accordingly.
August 20, 2017, 07:22:38 AM
I do my own research before putting anything in any coin, following other's advice or any telegram/chat group is just waste of time and money.
I keep my eyes on all crypto related news and if found something interesting that can affect market, I will go deeper into it and trade accordingly.
I keep my eyes on all crypto related news and if found something interesting that can affect market, I will go deeper into it and trade accordingly.
August 20, 2017, 04:46:07 AM
I mainly use reddit and twitter for news sources, coinmarketcap for statistics and coinigy/tradingview for charts and TA. But I'm rather new to this area so I'm still learning.
August 20, 2017, 03:11:44 AM
Sources I use are social media sites like facebook and twitter and of course I read news most of the time about bitcoin and other cryptocurrencies. Most of the time if there are good news about these coins it would usually result to sudden increase of their coins too.
August 20, 2017, 02:39:11 AM
Hi there
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
I only use my experience and technical knowledge as my source. When I win will be great but when loss I can't blame anyone, that's my rules. This is the second years I got out from any trading group and only build communication with a few people that I trust. We share something without push someone to become their follower. I suggest you try to filter from all your friends and make a good communication with them. It worth and will make result for your trading. Have a nice day.
August 20, 2017, 12:45:42 AM
Firstly , I open coinmarketcap to see its rank, market cap, price etc... After that i open up the exchange to see its trading volume.
Then i look at its chart on tradingview.com and look at the moving averages (not all the coins are listed on this website). If there is a good dip or if there is a good chance of increase in price then i prefer to buy if not i wait for the right time to buy. I set the target to sell it at a good profit and keep the sell order as soon as i buy it. Sometimes the price goes up and sometimes the price goes down. It always happens in trading.
Then i look at its chart on tradingview.com and look at the moving averages (not all the coins are listed on this website). If there is a good dip or if there is a good chance of increase in price then i prefer to buy if not i wait for the right time to buy. I set the target to sell it at a good profit and keep the sell order as soon as i buy it. Sometimes the price goes up and sometimes the price goes down. It always happens in trading.
August 19, 2017, 08:57:35 PM
Hi there
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
I wonder which sources do you use in order to make a trading decision? and why?
if it's a slack/telegram group it will be great if you will share the name/link to it.
I use the source of information for trading using this website and very helpful to me
https://coinmarketcap.com/
August 19, 2017, 10:50:24 AM
Well in my own i am just depending in my own speculation and i am using tools like https://bitcoinwisdom.com/
Also about the news and here in forum i was always checking post of the other people posted in speculation section where some other people are posting if the price of will increase more or crash soon..
Right now as you can seen bitcoin cash is increasing and i think other bitcoin holders are switching so there is possibility that the price of bitcoin can be decrease soon..
Also about the news and here in forum i was always checking post of the other people posted in speculation section where some other people are posting if the price of will increase more or crash soon..
Right now as you can seen bitcoin cash is increasing and i think other bitcoin holders are switching so there is possibility that the price of bitcoin can be decrease soon..
August 19, 2017, 10:36:13 AM
Hi there
I wonder which sources do you use in order to make a trading decision? and why?
mostly charts because that is all i have ever needed and they give you more information that anything else can.I wonder which sources do you use in order to make a trading decision? and why?
and then there is news and hype that is in the community. for most altcoins that is almost key in their pump.
Quote
if it's a slack/telegram group it will be great if you will share the name/link to it.
it is a terrible idea. they are never good, they just will fool you into buying something that they have already over bought so that they can dump on you and get rid of their bags. Jump to: