Topic: Which sources do you use in order to make a trading decision? and why? - page 2. (Read 1200 times)
August 19, 2017, 09:59:58 AM
since last year i have enrolling private group which is they're provide the informations for next pumped or next dumped for bitcoin or altcoin although only 70% correct predictions from them but they're also one of my main source to makes decission from my trading actitivies
August 19, 2017, 09:24:20 AM
To be honest, I just don't know enough about it.My friends are usually use Teamspeak,it is particularly valuable for day traders, who will benefit from the constant discussion on market changes as they happen live.
additionally, the bitcointalk Wall Observer thread may be particularly useful for day traders.there are interesting discussions and charts can help you making a good trading decision.
additionally, the bitcointalk Wall Observer thread may be particularly useful for day traders.there are interesting discussions and charts can help you making a good trading decision.
August 19, 2017, 03:13:03 AM
1. Fundamentals , foundation, whitepaper and debeloper of the coin. These elements greatly affects the price
2. News. Latest devt, roadmap, media hype, this also affect the proce of the coin
3. TA - of course the TA do some research, a lot of resources in the www. Chart manifest d behaviour of the coin, but not all d time
2. News. Latest devt, roadmap, media hype, this also affect the proce of the coin
3. TA - of course the TA do some research, a lot of resources in the www. Chart manifest d behaviour of the coin, but not all d time
August 19, 2017, 01:48:47 AM
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.
You are using the right source for the trading, but what if exponential price fall? I mean it is not always that price is rising, the graph is fluctuating in a day and there is little ups and down, which probably not affect the price but it will make difficulty in making decision in trading. How you overcome this situation, kindly guide us all about your suggestion. All you need to see is the price exponential rise.
This should be a good indicator what you must do.
August 18, 2017, 01:55:03 PM
When it comes to trading, the source of information for decision making is a key thing and I am always careful in doing that. In my own case when it becomes expedient to buy any coin, I just do for the low value ones that are currently valued at few satoshis that have no option than to increase in value then I sell and most times I follow my instinct in doing so.
August 18, 2017, 11:49:46 AM
I rely solely on intuition. No Analytics and graphs cannot give a true picture of the behavior of bitcoin. It seems to me that people cannot rely on the opinion of any experts. In order to do trading on the stock exchange business you need to be a professional.
August 18, 2017, 11:30:00 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.
You don't need any of them. Speculations and news is enough to create your own analyzation that will help you decide on what decision you will do; if to buy or to sold. Plus reading here in some of the bitcointalk threads is a good source. That's not the main recipes but you can consider those to create a good menu.
Still if you want some advices, try to consult your community first if there is an active group about that whether on social medias or any other platforms. Others also uses "WebBot" although I don't have an idea how to accessed it as Im not really a fan of those.
August 18, 2017, 11:22:29 AM
The news play the key role here and It doesn't necessary mean that you get them from third party sites or slack/Telegram groups. You simply need to follow that specific project you are interested in on their Medium blog, how to know the project in the first place? everything is pretty much listed on TokenMarket and the most important thing is to not listen to people who are trying to spread FUD, the worst thing you could do is trade based on fear.
August 18, 2017, 11:05:26 AM
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.
All you need to see is the price exponential rise.
This should be a good indicator what you must do.
August 18, 2017, 10:45:47 AM
It depends on alot of things.
These are personally just for short or semi-short term trades. As for news sources, Go join reddit.com/r/cryptocurrency for cryptocurrency news and updates. best of luck.
- News: partnerships of a certain cryptocurrency with a company/organization, legalization, etc. Both bad and good news
- Hype: How much hype that certain cryptocurrency is getting on Reddit, Facebook, and other social media
- Current price: you can somewhat predict a price to a certain extent using it's current charts
These are personally just for short or semi-short term trades. As for news sources, Go join reddit.com/r/cryptocurrency for cryptocurrency news and updates. best of luck.
August 18, 2017, 09:10:22 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.
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