Bitcoin Forum

Do you know any good analitical agencies or individual analytics of btc or altcoins, how made daily or weekly analytics or consensus forecasts?

The best way to manage risk in bitcoin trading is to combine basic analysis and technical analysis. For example, using fundamental analysis to look at a number of demand indicators, then take advantage of technical analysis by reading charts to find the best buy point. Or traders can analyze the technique to determine that the perfect time to sell and take advantage of fundamental analysis to confirm whether this view is true or not. Good luck!

It is still better for you to do it yourself rather than letting someone do it for you. You could learn a lot from your self and would be a profitable trader someday.

Can you get good results from the analyzes you do? How long have you been doing these analyzes and in your opinion is it worth doing trade using these analyzes? because I see many people doing analysis and their results are not good, I myself in the past falls into error because I believed in analysis of a certain professional trade, I remember that at the time he said that bitcoin would fall to $2000 and that i bought bitcoin for the price of $4400 and sold for fear of losing money. I sold for $ 3700 and what struck me the most was that the price only dropped to $ 3700 because of news from China. I was disappointed and since that day I do not believe in these analyzes.
 

How can you be sure of that?

Sorry I'm not following any "good" analytical company out there. The data is already out there, all you have to do is plot it out and you can have your forecast. How about trading view? (https://www.tradingview.com/). Perhaps if you could stay around the prediction board, you can get the answers you wanted.


Hmmm. Doesn't really makes sense. Care to explain the complex is more useful or maybe I'm lost in translation here?

There are no such agencies.
And the fact that there are, they are scammers ...

If you own valuable information and you know 100% that the rate will be this.
Then investing 100 dollars can become a millionaire per day.

The further analysis of the future timeframe, the lower the probability of accuracy. I think you should spend some time watching the daily changes, can sit on the computer for hours, to have your own analysis.

Tradingview has been good for me so far (I am not recommending any services here but just sharing what I have experienced). I think tradingview both gives you ways to trade, the ways to check out long term coins and some ways to write your own pine script so you can check what stays with you and you can check backtesting to see how it could have worked (of course know that just because it worked in the past doesn't mean it will work in the future as well). So, in the long run if you are looking for a way to become a better trader in general either daily or long term or however you want than knowing how to use tradingview will help you immensely and you should get a membership there, it will make you a better trader right away.

You do not need to listen to agencies where the market is decentralized and subject to supply & demand law only.
Studying the factors that control supply and demand will enable you to predict prices.[1]
The most critical factor is news where it can play a prominent role so you should follow the news source such as coindesk[2] "avoid government sites news."
about individual analytics, I prefer this person ogodbole[3], but you can listen to any logical analysis.

[1] https://www.coindesk.com/information/understanding-bitcoin-price-charts/
[2] https://www.coindesk.com/
[3] https://www.coindesk.com/author/ogodbole/

You can see that closing last week with two candles is very bad, which suggests that the market will be able to continue to fall sharply next week, bitcoin and altcoin prices are constantly falling, although altcoin prices There are signs of a strong rebound but market capitalization does not increase, market does not have liquidity. So, I think you should only invest in short-term and day trading to minimize risk.

The best analytical agency is your brain. I believe that any analytical agency is a commercial organization that exists to obtain its own profit, the agency can be compared with the "weather forecast").

I should agree with people who give you advice to learn, practice and do by your self depend using agencies/ individual services. Even you can't see market every day, don't have enough basic knowledge or only have little money to start, do by your self is better and great. It will built your character and patience to face market risk. Up to you but leave using agencies/ individual services is the right option.

There is no agency that can give a 100% profit signal, be careful because there are lots of scams. I have used software at past time, tools that help giving as an analytical monitoring report at Poloniex market, but the accuracy is not even close to 90%, so the risk you'll take still high. I think the best advice for using your own analysis is a good thing, with consideration that you always keep following of the news in several exchanges.