Bitcoin Forum

How do you do it?

1.  which tools so you use for analyzing
2.  how do you know when to pull out
3.  which tools so you use for acquisitions


Best regards
A neewb

1) Trading websites like Coinigy and Tradingpro help a lot
2) Pullout based on TA (if available) on above websites
3) I don't have any tools to help me acquire all accumulation is done manually and again through TA (if available)

two way trade effectively coin: Technical Trade and noise trading
with technical trade I use the Tradingview software. to rely on charts, graphs price development and trading volume of altcoins. This is intended to help players analyze and grasp the fluctuations of supply and demand to know the time of the buy-in or selling out
with noise trading I'm not interested in basic information and platform market which based on feelings or trend to the transaction

You may have the price changes alert from the any trading site or wallet provider site. For trading bot you can check in the github site to get the not for your trade. Some here providing the paid service for that as well.
If you moniter the price changes continuously without leaving all the time. You will make the profit according the amount sets in the trade while you opened.

I draw my own analysis based on the analyses of others who I know are well-versed in trading than me. Reading into tradingview and reading some historical graphs also helps me in deciding whether to bail out or risk more. It's also vital to read into order books in a the exchange that you're working with because it also helps you check what's the status of both sides. Sometimes, a coin could be overbought and we all know that it will lead to a sell later on. I don't really use any automated tools but instead rely on my "primitive" weapons and some couple of alerts on my phone and PC as well.

Right.. I also usually use channels, moving averages, and volume to determine the pattern and anticipate where the price might be going.

But analysis is still analysis right ? It's just your prediction and it could be right or wrong.

Aren't the charts/candle-sticks given on the websites more than enough  if you have completed your Uni with descent score in Maths ?  :-X

"That's what She Said " (I don't!)

An excel sheet or a notepad is enough for me.Sometimes,I often use my browsers address-bar a mini notepad.

*weeb FTFY

There are websites where you can make your own analysis according to charts made by you in that very site. You can always follow up on developer teams of various altcoins on various social media websites to have a constant knowledge on what's currently going on. There are types of charts which can help you decide whether or not the coin will go up or not. Some examples are the W-bottom,Bollinger's hands etc. These are termed by trading experts and are pretty helpful sometimes. And you can follow some pump and dump groups at your own cost to know whether or not any altcoin will go up or not. Most of them are shit but this is also a way.
Did she get angry? What if she faked it ::)?

I don't use tools for analyzing.

I do it on my way.

I use my feelings to decide for me, which is how everyone should do it. Instead of having to read through every single whitepaper to research each project, I trade for entertainment.
Trading isn't there to make profit. it's there as a source of entertainment, which is far more important than making money, in my opinion.
Whilst others continuously lead a boring life, in the hope that they're able to make some money by trading, following simple rules, I use my emotions. Contrary to what many people suggest, you should use your emotions, not put them away.

Emotions are what distinguishes humans from robots. Do you want to be a robot?

thank you so much! What does TA stand for?

thank you all!

Now, some of your advice are "analyze!" or "trust your feelings". Such would the sum of your experiences. As I do not have any experience, yet. Perhaps some of you would care to  elaborate and share your experiences that adds up when trusting your feelings or do your experience based analyzes.

I would be really grateful.

Thank you all so much.

Yeah, we should base it on the historical graphs to be sure on the status of the coin its better on that way. We will lose on our false expectations if we don't survey. Better to consult an expert or a group of traders to make sure of your every move.
 
Some traders always follow some patterns. You need to monitor the price every second of your life by that.