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Economy => Trading Discussion => Topic started by: cryptoboss2020 on October 06, 2020, 04:26:52 PM



Title: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: cryptoboss2020 on October 06, 2020, 04:26:52 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: joniboini on October 06, 2020, 05:46:44 PM
2020 is quite unpredictable anyway. But I always think that the market will have its own unexpected trend where the best thing you can do is take a break and just chill. There were many cases where the trend was unclear in the past, and if you don't have the right skills and tools, it will be difficult to make profits.

IMO, this is just another day in crypto (and trading in general), I don't find it that weird. Maybe it's time for you to take a break and wait when the market has a clear trend to make things easier for you.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: harizen on October 06, 2020, 06:03:36 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways

is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?

I see no difference at all honestly. Maybe you just think of it because some of your analyzations didn't go the way they supposed to go even how professional and properly backed it up. For much better response, what are those analysis you are pointing that lead into wrong output?

Or maybe, we are just expecting too much. So in an event wherein our analysis went wrong, we conclude it right away that market is more unpredictable than before.

Just try and try as there's no perfect analyzation.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: BitMaxz on October 06, 2020, 06:08:15 PM
Honestly, no one could predict and analyse what will be the price of Bitcoin and the price of bitcoin is always depend on demand and supply that we can't control.

It's not the same as before that the price movement is the same as what happen every end of block-halving. There is a little similarity in the price movement these days but it's not the same as 2016-2017 where the price is increase so fast.

If you want to make profit on trading always do the basic which is buy low and sell high, do this with timing and it will make your a good profit.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: South Park on October 06, 2020, 06:30:58 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
For the most part that is the reality for most markets, market are not supposed to be easy to predict, the only instances in which this is possible is when we are in the middle of a bull or bear run, this is why to you it seemed as the market could be perfectly predicted as the bullish market created by the DeFi coins made very easy to invest in many coins and know that you will earn money with them, but as the enthusiasm over those coins is going down the market is becoming unpredictable once again.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: target on October 06, 2020, 06:38:52 PM
There is just no easy job to make money.  Charts are hard to analyze unlike when its just going up. Its a race against time too. The more is gets risky upon trying to new options like the derivatives while not quick to learn where to find buttons to click on the exchange interface.

Checking the chart from daily to weekly helps to see where the market could go. I have not an expert but I think it will help you see and then shift again to daily or to 4hour if you plan to be very busy the whole day.



Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: carlfebz2 on October 06, 2020, 07:22:15 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways

is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
Tell me on what year that the market had a predictable price movement? Its always been unpredictable and i cant really make out some pointing system if this year is much harder than the previous one.

I dont mind that much nor being concern with that because once the price cant really be predicted then i do treat it as a whole.It may differ in intensity but its all just the same.

One thing here is that you do still need to analyze that much on how you do gonna re-enter nor exit on the market.Its never been easy to trade and its expected that it would really be a
difficult one.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: cryptoboss2020 on October 06, 2020, 07:39:41 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways

is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
Tell me on what year that the market had a predictable price movement? Its always been unpredictable and i cant really make out some pointing system if this year is much harder than the previous one.

I dont mind that much nor being concern with that because once the price cant really be predicted then i do treat it as a whole.It may differ in intensity but its all just the same.

One thing here is that you do still need to analyze that much on how you do gonna re-enter nor exit on the market.Its never been easy to trade and its expected that it would really be a
difficult one.


market predictble movements was this year from january :)  i was predicting all the price targets right here  now its just taking a lot more time and effots to hit the right targets so the markets now specially 2 months ago not as predictble as use to be.

anyone got idea what could be the reasons for that?


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: dunfida on October 06, 2020, 07:51:50 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways

is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
~


market predictble movements was this year from january :)  i was predicting all the price targets right here  now its just taking a lot more time and effots to hit the right targets so the markets now specially 2 months ago not as predictble as use to be.

anyone got idea what could be the reasons for that?
On what sense you do talk about being predictable? Its not anytime that you can really make profit out of the market.If you do then consider yourself doing pretty well with trading with some mix of luck.If price had been predictable then lots of us would really be making out some money.Price do move in random ways and its highly reactive when theres news but not all the times because there's really a time that it can swing up on huge percentage without even knowing the exact reason.
Tip? Just continue on what you are doing and dont stress out yourself on why market is unpredictable because its always been like that.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Bitcoin_Arena on October 06, 2020, 08:54:36 PM
In trading, there is a saying that goes "Trend is your friend". In other words, always trade only when the market has started trending either upwards or downwards (for margin traders). When there is a breakout and the trend is on, it is easier to open positions and make profits in a few minutes or hours without having to get rekt but if the market is moving sideways like it is right now, things get unpredictable because it's hard to know when or where the next break out is going to happen. At this point even technical analysis is not of much help because big players tend to set up bull or bear traps.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: samcrypto on October 06, 2020, 09:18:10 PM
It will always unpredictable because the market moves on every situation, even we analyze using our TA the trend can still be change so I admire those trader who are still making good money despite of the uncertainty. This is a fast market, if you can’t handle it and don’t know how to ride with it better to play long and wait for your target price to be hit, don’t stress yourself monitoring the market 24/7.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: toast on October 06, 2020, 09:45:40 PM
no the market is already unpredictable and always will be. there's really no way you can predict it the analysis we are doing is based on the history of the market but even if there's a small chance that we can predict it still the market is volatile and anything could happen.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: nelson4lov on October 06, 2020, 10:25:35 PM
Just like Bitcoin_Arena said:

In trading, there is a saying that goes "Trend is your friend"

Right now, the market direction direction has been in uncertainty. There is no clear direction in sight of Bitcoin's next move since it has been ranging between the lows of $10.4k to $10.7K and in that time, Altcoins has seen significant drops in value ~ 30 - 40%. In a market such as this, you need to be able to adapt as the market evolves. If you don't, you might find it difficult to trade in the market.

For instance, Everyone's bias through july and August was bullish but tgat changed in September. As a trading, it's important to note when the trend changes so you can switch your bias in time to make profit in wherever the market heads to next.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Hippocrypto on October 06, 2020, 11:15:31 PM
no the market is already unpredictable and always will be. there's really no way you can predict it the analysis we are doing is based on the history of the market but even if there's a small chance that we can predict it still the market is volatile and anything could happen.

Some folks still managed to predict but unfortunately the reality wasn't that good, because the outcome doesn't coincide to it. We must not expect from somebody's analysis, doing it all alone can be done and nothing's to blame in the end. Anyways, there's no other options when you see that your asset is going to decline, dumping was the last resort if we can't handle our emotions during panic.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Twinkledoe on October 06, 2020, 11:31:52 PM
2020 is quite unpredictable anyway. But I always think that the market will have its own unexpected trend where the best thing you can do is take a break and just chill. There were many cases where the trend was unclear in the past, and if you don't have the right skills and tools, it will be difficult to make profits.

IMO, this is just another day in crypto (and trading in general), I don't find it that weird. Maybe it's time for you to take a break and wait when the market has a clear trend to make things easier for you.

Crypto is always unpredictable, it has never changed anyway. The factors in play in previous years may not be the factors that are influencing in today's crypto market. Since this community is always evolving and adapting what is new in the market, we can't expect to predict what will happen to crypto prices. But you will have the idea on what will happen to the alts your'e following if you are diligently following their updates and developments.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: chaser15 on October 06, 2020, 11:40:29 PM
It's difficult since then. No changes until now.

Remember the 2018 bear market? During the 1Q of that year, people think it will be the same on the progress it made in 2017. While the price is decreasing, there are still good analyzations that price on that year will bounce back by 3Q or 4Q but that didn't happen.

Crypto is unpredictable. In terms of difficulty, it's still the same as before. Chart readings are just for the trader's basis when making a strategy. It won't tell you the exact thing that will happen.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Ridwan Fauzi on October 07, 2020, 04:17:12 AM
I don't know it is just because I just new to trade so I haven't know the crypto currency market movement especially for day trader. Same with OP, in August I've got $800 from my capital $100 and it took one month. But after that, in September and now October yeah it is really difficult to gain money even I just lose in almost all my entry. I feel like I'm being played by the market and I was thinking that I got $800 just a temptation that would cost me more than that. I hope it never happen, and now I try to find a lot of knowledge and buy some books about trading to solve this this situation.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: cheezcarls on October 07, 2020, 04:44:53 AM
This is crypto man! Prices are unpredictable these days. Even professional or expert traders cannot analyze the charts accurately, because of the sudden circumstances or events that either dump or pump the price in any minute, day or so. It is why that when we trade our cryptocurrencies, we should be more equipped with risk management and mental readiness.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Peanutswar on October 07, 2020, 05:21:20 AM
This is crypto man! Prices are unpredictable these days. Even professional or expert traders cannot analyze the charts accurately, because of the sudden circumstances or events that either dump or pump the price in any minute, day or so. It is why that when we trade our cryptocurrencies, we should be more equipped with risk management and mental readiness.
For sure there are a lot of members again having struggles and trouble with their investment.

After a week of observation most of the price of the bitcoin price range is into the 10600-10800 for me its too hard to make an investment with this price range I expected a lot to the bitcoin because from the start of the year the bitcoin on the month of January is very high and from the previous month of the market or April, it falls down immediately and from the month of June its burst up again. The market price of the bitcoin today is too hard to predict, Im a long term trader and this is not good and not a good time to make an investment too, because I really need in the market because of more movement.

But on the graph of the bitcoin, it looks like another bear trend because its already on the half going to downward well its too early to make a prediction lets wait for another week? or months to take a look for another market movement of the coin.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: ice098 on October 07, 2020, 12:21:51 PM
It will always unpredictable because the market moves on every situation, even we analyze using our TA the trend can still be change so I admire those trader who are still making good money despite of the uncertainty. This is a fast market, if you can’t handle it and don’t know how to ride with it better to play long and wait for your target price to be hit, don’t stress yourself monitoring the market 24/7.

It is somewhat like analyzing an economic of a country which is difficult to analyze and cryptocurrency is not as far as how we analyze an economy of one country. Cryptocurrency was volatile, and decentralise that's why it is hard to predict or analyze the price of each cryptocurrency. We only need to observed how it moves and and be a wise decision maker on how do you trade your crypto, keep it or hodl it if you thinks the price is not worth enough.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: genievic23 on October 07, 2020, 12:48:50 PM
hm,.. whales can predict what will happen, lol, they are the market movers so for sure they know when to get out and sell before anyone else can. And that's sorry for us anchovies, lol,  only few can really predict how the whale thinks. As they all say, just buy now while the market is red or invest on a project that's really good. I've heard that NFT's will really be the next trend, one project I have my eyes on now is KittieFIGHT. You should check it out too.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Johnyz on October 07, 2020, 12:57:48 PM
Even if its impossible to fully analyze the market you still have to do your best so you wont lose the money. This is a big challenge for everyone who are sacrificing many things on cryptomarket so they can get their target goal. The volatility is normal and we can’t stop it especially in cryptomarket, you have to follow the trend as much as possible.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: imstillthebest on October 07, 2020, 01:38:04 PM
it supposed to be easier to predict now because coins are rarely moving . me and my friends predicted that price of btc will be on the same range and we were right  . we did this before but i remember that many times we failed to predict the price because prices before are not staying on one level .

Quote
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
you are lucky that your analysis came true but analysis can sometimes gone wrong . thats not how things work because if it did , no one are going to  loose in trading and investing but im not telling you to stop using analysis as they can still be helpful than using no tools at all .


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: death69 on October 07, 2020, 01:45:29 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
Holding and waiting for the price to go up and up is not an efficient strategy recently. Bitcoin and cryptocurrencies are not as volatile as they were in the 2017 and therefore, many people do not know how to make money with them anymore. IN my opinion, there are still many ways for us to generate money actively with bitcoin on an exchange or broker. That means we need to put more time and efforts to learn and observe knowledge. Trading in an oblivious way can lead to failure and it can easily corrupt your capital  >:( >:(

Making money is never an easy thing to do. But all of us can do it if we work with a decent and serious attitude


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: mersal on October 07, 2020, 01:55:38 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
When it was predictable to say the prices of cryptocurrencies are getting unpredictable now, every kind of analysis gives knowledge about somewhat but it will be never possible to estimate what will be the accurate price movement of it.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: AakZaki on October 07, 2020, 03:13:45 PM
Nowadays the market is getting more and more volatile and unexpected prices are always happening. It is very difficult to analyze the market as it is today. Many FUDs have sprung up and added with the positive trump news of COVID, the market is getting worse.

many causes. As a trader, I only predict the trend forecast that will occur in the future, even though it is not very accurate, but we still have a picture of the state of the market.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: militiariko on October 07, 2020, 03:32:35 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?

The bear market are usually a season of irregularities, and this is why learning trading, mastering strategy and ability to adjust to market conditions makes a good trader.

As a trader, you should know when to avoid the market, when to take a rest or when to enter a trade. This unique features are what is gonna make trading easy for you


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Ucy on October 07, 2020, 05:02:28 PM
The top cryptocurrencies should be fairly predictable by just looking at their trends and with required data.
I think one of the ways to succeed as a trader is to just keep buying important dips(without risking too much) and sell for profits when price goes the opposite way. This is probably what bots/automation can do for you better if you don't want to sit infront of the screen all day.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: carter34 on October 07, 2020, 05:03:16 PM

you have to follow the trend as much as possible.

This is why loses is much because to find exact trend is not easy. The market of cryptocurrency is difficult to adapting. Most people depend on luck because you buy to hodl and before you wake up things have changed, except you pend a buy that is how you can follow that trend.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Simakura on October 07, 2020, 05:04:23 PM
Nothing is certain in cryptocurrency, sometimes even guesses that are already trusted can be wrong.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: ScamViruS on October 07, 2020, 05:30:13 PM
No one can predict the market price in an accurate way. You always have to trade with the market movement, if you want to trade short term. Because the trend of the market is the most important thing. If you trade against the market trend, then you will make sure loss. If you can follow the market trend and trade, you can make a good profit in a very short time if you are trading at margin.

I don't rely too much on technical analysis, because often the market changes the trend for fundamental reasons.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: beerlover on October 07, 2020, 08:09:45 PM
It is not getting harder to analyze it, it is getting harder to profit due to stabilization and that is why people do not profit as much as they used to. When bitcoin goes from 8k to 12k it is easy to make a profit, when it goes from 12k to 8k it is easy to lose money (or maybe short futures and still profit) but when it moves between 10.4k and 10.8k and doesn't go beyond 11k or below 10k that means you are not going to make that much profit from trading within that range unless you go 100x leverage on that.

So, that means analyzing is still the same, there is nothing that changed with that, it is still quite easy to do that as long as bitcoin moves, the problem doesn't lie with how you do your TA, it lies with not getting any more returns from your analysis.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Kasabus on October 07, 2020, 10:46:36 PM
It is not getting harder to analyze it, it is getting harder to profit due to stabilization and that is why people do not profit as much as they used to. When bitcoin goes from 8k to 12k it is easy to make a profit, when it goes from 12k to 8k it is easy to lose money (or maybe short futures and still profit) but when it moves between 10.4k and 10.8k and doesn't go beyond 11k or below 10k that means you are not going to make that much profit from trading within that range unless you go 100x leverage on that.

So, that means analyzing is still the same, there is nothing that changed with that, it is still quite easy to do that as long as bitcoin moves, the problem doesn't lie with how you do your TA, it lies with not getting any more returns from your analysis.
Analyzing the market price is still the same but we need to have more skills and strategies so we can cope with this unpredictable market ever since. Making profits in crypto trading is really hard but if you know how to drive the market whether its bearish or bullish, you will definitely end up making profits along with your good technical analysis and of course perseverance.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: MCobian on October 07, 2020, 11:45:36 PM
For 3 years in the cryptocurrency world, this year the market is very difficult to predict, because there are so many unexpected
events that make the market difficult to predict. What is most surprising is that the COVID19 pandemic which originated in China
has had an impact on the world economy. so indirectly the crypto market is also affected. Then with the hype DeFi projects creating
a new trend in the crypto world, this also makes price movements in the market difficult to predict. So be careful investing in crypto,
do analysis and research well. So it is not wrong to choose coins for investment.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: RealMalatesta on October 09, 2020, 09:52:48 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
This is not something new, right from time the market has been a hard to predict, or does it used to be easy for you to analyse and predict before? I have only seen few people predict the market correctly, and only a few times, and those people were never able to predict the market again.

So, it’s always difficult to predict, and it requires a lot of hard work before you can arrive on something close. Sometimes you can even make a prediction of where the price would be heading to, and some events will happen and the price will the opposite. So like I said, were you able to be predicting the market’s future easily before?


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: South Park on October 11, 2020, 03:45:30 PM
In trading, there is a saying that goes "Trend is your friend". In other words, always trade only when the market has started trending either upwards or downwards (for margin traders). When there is a breakout and the trend is on, it is easier to open positions and make profits in a few minutes or hours without having to get rekt but if the market is moving sideways like it is right now, things get unpredictable because it's hard to know when or where the next break out is going to happen. At this point even technical analysis is not of much help because big players tend to set up bull or bear traps.
But only trading when there is a trend is a waste of time, when the price is ranging the price has a tendency to not go below a level and to not go above another level and when that happens you can use a ranging strategy, basically a strategy designed to take advantage of the ranging conditions on the market, if your strategy is well designed ranging markets can be incredibly profitable as they can produce consistent profits which bull markets cannot produce especially if you use leverage.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: pawanjain on October 11, 2020, 04:12:13 PM
It has been this way for the past few years. At least for me anyway  :P . The market always goes in the opposite direction.
We should be wise enough to change our strategy as per the trend. The market is unpredictable because there are many whales in it who keep manipulating the price.
Also, there are many people in the market who panic buy/sell listening upon rumors. So even that contributes in the unexpected surge in price.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: CucakRowo on October 11, 2020, 04:22:31 PM
-snip-
One thing you must remember. Market always changed (including price & habits). Many factors come into play. Regulation, political policies, futures market, acceptance, FOMO, large number of coins, DEFI, and etc.
Market can changed (move) as they like. And we, as traders, can only adapt to those changes.



Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Oilacris on October 11, 2020, 09:49:20 PM
-snip-
One thing you must remember. Market always changed (including price & habits). Many factors come into play. Regulation, political policies, futures market, acceptance, FOMO, large number of coins, DEFI, and etc.
Market can changed (move) as they like. And we, as traders, can only adapt to those changes.


This isnt applicable to Cryptocurrency market but also in other markets as well specially the traditional ones where there are lots of factors that can really affect its price and to think that
marker is always been unpredictable neither both centralized or decentralized ones.

Come to think if the market is predictable or not hard to analyze then all of us would really make out money easily.Its all random and there are indeed times where it do shoots up
and sometimes it do move sideways for long time and also theres a bearish time.

As a trader, i do agree into your sentiment that we cant do anything about it but to adapt on whats gonna happen.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: South Park on October 14, 2020, 09:27:01 PM
It has been this way for the past few years. At least for me anyway  :P . The market always goes in the opposite direction.
We should be wise enough to change our strategy as per the trend. The market is unpredictable because there are many whales in it who keep manipulating the price.
Also, there are many people in the market who panic buy/sell listening upon rumors. So even that contributes in the unexpected surge in price.
If this is happening to you constantly then it is time to rethink your strategy, the most important thing to do is to set very specific rules about when to enter or get out of the market and then backtest what you are doing, if you obtain negative results then do the next reverse your system, buy when your system tells you to sell and sell when it tells you buy, what happens when you do this? Some systems still present losses which means the whole system is wrong and needs to be discarded but sometimes you will see the system now becomes profitable, why is this? This is because you were being manipulated by the whales to move in a certain way and now you are not responding to this and can finally begin to obtain profits, do this backtest and see what you get out of it.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: BuNga_cute on October 14, 2020, 10:05:21 PM
For a long time, cryptocurrency price movements have been difficult to predict, even the incident in 2017 when almost all coins
managed to reach all time high prices no one could predict it. Because cryptocurrency prices move very quickly and are volatile,
this happens because of many factors that influence cryptocurrency price movements. Among others, supply and demand, FOMO,
market trends, government regulations, and others. So always do research before deciding to invest in cryptocurrency, so you don't
choose the wrong coins and can determine the purchase price correctly.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Renampun on October 15, 2020, 09:05:47 AM
-snip-
One thing you must remember. Market always changed (including price & habits). Many factors come into play. Regulation, political policies, futures market, acceptance, FOMO, large number of coins, DEFI, and etc.
Market can changed (move) as they like. And we, as traders, can only adapt to those changes.
adapting to market conditions is the best way to survive on trade...
changes in the conditions you mentioned greatly affect changes in asset prices in the market. I see that the crypto market is much different from other investment markets such as stocks, forex, and commodities. in the crypto market, we are required to be more patient waiting for opportunities while paying attention to outside conditions.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: sambuddha on October 16, 2020, 10:50:34 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
Bitcoin is analyzed well using technical analysis. You just need knowledge and experience. The screenshot below shows the current situation. Channel trading is very easy)) 8)

https://i.imgur.com/2nhdqgc.png


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: MCDev on October 16, 2020, 11:27:36 AM
The cryptocurrency market has always been unpredictable and all can happen, even in 2017 it is difficult for people to invest effectively.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: bitgolden on October 16, 2020, 05:26:46 PM
It was never possible to analyze it correctly and people just assumed they were good at it, in reality it was always a very difficult task to achieve but the difference was bitcoin was predictable because it was always strong, whenever it got weak it was obvious and you saw it going down pretty quickly as well so it didn't changed a thing during that time neither.

Stabilization is the part that makes it difficult, when it goes up you saw it going further up, when it went down you saw it going down, but when its stable you do not know what the next move is, we are not ready for a stable bitcoin price. We need to quit thinking about bitcoin as something only traders use, if we keep considering it that way we can't really make a big change feel like normal, and would always be looking to see what the price will do.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: cryptoboss2020 on October 16, 2020, 05:29:43 PM
It was never possible to analyze it correctly and people just assumed they were good at it, in reality it was always a very difficult task to achieve but the difference was bitcoin was predictable because it was always strong, whenever it got weak it was obvious and you saw it going down pretty quickly as well so it didn't changed a thing during that time neither.

Stabilization is the part that makes it difficult, when it goes up you saw it going further up, when it went down you saw it going down, but when its stable you do not know what the next move is, we are not ready for a stable bitcoin price. We need to quit thinking about bitcoin as something only traders use, if we keep considering it that way we can't really make a big change feel like normal, and would always be looking to see what the price will do.


it was possible to analyse correctly you look here my analyses all prices went as i said ...
if there is clear pattern you can follow this but it seems to me that someone have chnaged the algo of the bots and btc dont do according to techical analysis like support and resistance.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Zemomtum on October 16, 2020, 09:29:20 PM
Crypto sometimes defies from technical analysis and just do its own without any fundamental attached to it making it more difficult to do price analysis. Hope this will change when we have a huge and mass adoption. 


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Bitcoin_Arena on October 16, 2020, 09:47:17 PM
But only trading when there is a trend is a waste of time, when the price is ranging the price has a tendency to not go below a level and to not go above another level and when that happens you can use a ranging strategy, basically a strategy designed to take advantage of the ranging conditions on the market, if your strategy is well designed ranging markets can be incredibly profitable as they can produce consistent profits which bull markets cannot produce especially if you use leverage.
It's not a waste of time and it's where I have made most of my profits from unlike when the market is moving sideways. It's also very easy making gains when the trend is on. All you have to know is when to exit.

Your strategy of ranging looks good until suddenly there is a breakout. Those small profits you made throughout the week could easily get wiped out in matter of minutes.



Bitcoin is analyzed well using technical analysis. You just need knowledge and experience. The screenshot below shows the current situation. Channel trading is very easy)) 8)

https://i.imgur.com/2nhdqgc.png
Seems easy when you are just drawing lines and picking out exit points from the past price movements. I mean you just draw lines while following the past highs and lows. But can you do it by forecasting the movements (buying and selling points) minus falling victim to breakouts?


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: South Park on October 19, 2020, 07:34:12 PM
But only trading when there is a trend is a waste of time, when the price is ranging the price has a tendency to not go below a level and to not go above another level and when that happens you can use a ranging strategy, basically a strategy designed to take advantage of the ranging conditions on the market, if your strategy is well designed ranging markets can be incredibly profitable as they can produce consistent profits which bull markets cannot produce especially if you use leverage.
It's not a waste of time and it's where I have made most of my profits from unlike when the market is moving sideways. It's also very easy making gains when the trend is on. All you have to know is when to exit.

Your strategy of ranging looks good until suddenly there is a breakout. Those small profits you made throughout the week could easily get wiped out in matter of minutes.
It is a waste of time in the sense that for the most part most markets spend most of their time ranging instead of trending, now if you only like to trade trending markets because that is your strategy then there is no problem but then you need to trade more markets than this one, if you trade for example 20 markets then a few of those are bound to be trending at all the times and you can use that time to keep producing profits, as you see I do not mean that trading trending markets is a waste of time what I mean is that only trading this market when is trending is a waste of time since there are months or even years between each strong trend we see.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Yatsan on October 19, 2020, 11:56:07 PM
The market ever since seems to be so unpredictable due to the fact that it is volatile so any sudden changes whether ups or downs can be expected but on which direction would it be is the difficult part to be predicted for no one exactly knows where it could possibly land in respect to time. Trading is a real risky and at the same time field of work in crypto because you are getting to exert time, effort, patience as well as managing your money and decision making on how you would react with the situation to still make yourself profitable and lessen the loss that is more abundant than profit for the first timers and even with the old ones. As time goes by, market is getting too way unpredictable in nature which is a real deal that you must learn and observe the market to be familiar with such movements and of course keep yourself updated into the latest news for global news are also somewhat and somehow affecting the changes on the market.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: DeadCoin on October 20, 2020, 03:07:36 AM
Crypto sometimes defies from technical analysis and just do its own without any fundamental attached to it making it more difficult to do price analysis. Hope this will change when we have a huge and mass adoption. 

Technically, we couldn't force to stop with the volatility of cryptocurrency price as well as it is moving up and down around the crypto market, so thinking about a trading volume, I think it is difficult to maintain to a normal price due to the unpredicted system, therefore, we must learn on how to accept as a concern which is considering as like a game plan to survive and gain more and more.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Vicky agarwal on October 20, 2020, 10:27:15 AM
yes when it become more develop ,so there is a less chance of manipulation


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: michellee on October 20, 2020, 11:17:22 AM
The cryptocurrency market has always been unpredictable and all can happen, even in 2017 it is difficult for people to invest effectively.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
I think no one knew what will happen in 2017-2018, but bitcoin showing the power to lift the price in a short time. The price can jump to the very highest price, which we never imagine before. And yes, this time, we are getting more difficult to analyze the crypto price, but we don't need to give up because of this. We need to keep trying to analyze and find the time to enter the market. Maybe we need to take a break for a while before analyzing the price, so we can see a sign to know what we need to do.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: MWesterweele on October 20, 2020, 12:11:15 PM
The cryptocurrency market has always been unpredictable and all can happen, even in 2017 it is difficult for people to invest effectively.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
I think no one knew what will happen in 2017-2018, but bitcoin showing the power to lift the price in a short time. The price can jump to the very highest price, which we never imagine before. And yes, this time, we are getting more difficult to analyze the crypto price, but we don't need to give up because of this. We need to keep trying to analyze and find the time to enter the market. Maybe we need to take a break for a while before analyzing the price, so we can see a sign to know what we need to do.

Well analysing a crypto market wasn't that easy on the first place and it didn't changed after all. It still not easy up to now, its volatility, being decentralised and unpredictable prices make it more difficult to spell on. But as what i have observed to the market this past few months cryptocurrency values were in an impressed values, especially bitcoin which have a value of $10000 and this was somewhat impressing to the investors.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: teosanru on October 20, 2020, 12:20:51 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
I think it was always pretty difficult to analyze market prices. There was a pretty low percentage of people who could actually master that art and now with more and more people coming into trading obviously things are becoming more difficult in cryptocurrency trading. But yes there is one thing I have learned from an expert that no strategy is permanent. Almost every strategy that you make to analyze the market has to be changed and shaped according to time and new market conditions. Some people would make huge profits from their strategy in one year but then wouldn't make a dime out of the same strategy. It's because market sentiments change with conditions so strategies need to be molded too. For example, in 2019 market sentiment was pretty bullish people expected that we are going from a good economic stage therefore if there was a pullback to any bullish move it wasn't that strong but with the advent of 2020 we might start getting stronger pullbacks due to fragile market sentiments.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Distinctin on October 20, 2020, 01:29:44 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways


I don't see any changes in regards to its volatility, the market still unpredictable even before and until now. If we rely on chart analysis, price prediction, all of them aren't making good, and none of them seems to be reliable.

is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
What I've noticed is that the market becomes stronger than before. Prices keep moving especially for Bitcoin every year which means that instead of thinking the market to collapse because people never understand the situation but it turns out that many people are coming to invest in Bitcoin.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: molsewid on October 20, 2020, 02:43:28 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways

is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?

Nothings changed in the crypto market still unpredictable. I think your style or strategy in our current market was not working anymore. It would be best to adopt a new strategy in trading to compete with other traders and gain profit.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: goldade on October 20, 2020, 06:57:57 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?

It is funny how that you think the market is getting more difficult to read because a few analyses you made didn't go according to your guess.
The market has been that way since the very beginning. Times when you have consecutive losses and you feel the market can't be read. The only thing that causes such condition is the fact that one does not have the necessary skills and knowledge to read the market accurately.
The only thing that should be done in cases like this when there are losses is for one to take a chill, take some time off and learn and study more about the market, only then would you realize that the market is not as difficult as it seems


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Tigerheart3026 on October 20, 2020, 07:50:17 PM
crypto price prediction was always difficult and in future. you can take something advantages to see or the read charts btw u never guarantee about price. crypto is unpredictable an everytime here see anything changed, u have to learn to analyze the market position. btw every person may have their own strategies.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: michellee on October 21, 2020, 06:37:15 AM
The cryptocurrency market has always been unpredictable and all can happen, even in 2017 it is difficult for people to invest effectively.
However I think that's the great thing about the crypto market, the good guys will make a big profit. If the market is too predictable, I don't think anyone will make any money.
I think no one knew what will happen in 2017-2018, but bitcoin showing the power to lift the price in a short time. The price can jump to the very highest price, which we never imagine before. And yes, this time, we are getting more difficult to analyze the crypto price, but we don't need to give up because of this. We need to keep trying to analyze and find the time to enter the market. Maybe we need to take a break for a while before analyzing the price, so we can see a sign to know what we need to do.

Well analysing a crypto market wasn't that easy on the first place and it didn't changed after all. It still not easy up to now, its volatility, being decentralised and unpredictable prices make it more difficult to spell on. But as what i have observed to the market this past few months cryptocurrency values were in an impressed values, especially bitcoin which have a value of $10000 and this was somewhat impressing to the investors.
In these situations, the market analysis is difficult because bitcoin and altcoin can not be predicted where the price wants to move. But I think there is a pattern that we can analyze to find the next moves of bitcoin and altcoin. But now, bitcoin is going strong by breaking $11,500 of the price before, so we have a chance to see the price will be at more than $12k as the price now finally break $12k. It will no problem if the price is stable at $12k because it will try to break another high price.
After the price increases, it will adjust to the lower price and stay there for a while, and in the next days or week, the price can increase again to break the next high price.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Mart1ncrypto on October 21, 2020, 09:58:34 AM
Indeed, the market has become very difficult to analyze and make 100 percent prediction, but nevertheless there are tools for technical analysis that will always work. Every day I monitor the guys who make daily forecasts for the price of bitcoin and they do it very well. If you are interested here (https://cryptogeek.info/en/blog/bitcoin-price-prediction) can see how they do it.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: tbterryboy on October 21, 2020, 12:37:11 PM
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
Noooo I don’t agree with that. The price never been like that since I got here, it’s always been unpredictable. I have seen so many experts on the price that took their time and wrote an analysis on Bitcoin and at the end it never worked that. Only few times (two times to be precise) that I have seen people predict the price exactly.

The market can go anyway, the best you can do is predict both ways so that if it doesn’t go the other way, then you’re certain of the other, that way you can be sure what actions to take if it’s negative. As far as I am concerned, never traders realized that market conditions are easier and favorable to them; it is always a challenging one and who are all able to ride along the market direction, enjoying the profits.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Dorodha on October 21, 2020, 03:41:53 PM
Cryptocurrency prices seem to be becoming more difficult to analyze now but if you have a good knowledge of the market it will be easier to make accurate predictions. The market is constantly being updated with the latest aspects of technology. change with the system market research has to be done according to the plan. the demand for crypto market is increasing than before it will be easier if you can analyze properly without stopping.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: beerlover on October 21, 2020, 04:47:28 PM
The market can go anyway, the best you can do is predict both ways so that if it doesn’t go the other way, then you’re certain of the other, that way you can be sure what actions to take if it’s negative. As far as I am concerned, never traders realized that market conditions are easier and favorable to them; it is always a challenging one and who are all able to ride along the market direction, enjoying the profits.
Maybe it is time to stop analyzing bitcoin and maybe end up just putting our money in there and stop nagging about every single move. I understand that some people wants to be "traders" that buy and sell everyday and maybe 1000% profit yearly or even more, but that is a very rare and unlikely situation and there is no need for that.

There is nothing in the world as trustworthy as bitcoin that you could put your money in that will make you profit in the long run. I don't know how much is left until you retire but to me it is around 25 years so if I keep saving money and putting all of them in bitcoin constantly and only cash out 25 years later (unless something major happens) that means I am going to be super wealthy, I trust that and I do not get why others don't do that.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: dunfida on October 21, 2020, 09:59:19 PM
The market can go anyway, the best you can do is predict both ways so that if it doesn’t go the other way, then you’re certain of the other, that way you can be sure what actions to take if it’s negative. As far as I am concerned, never traders realized that market conditions are easier and favorable to them; it is always a challenging one and who are all able to ride along the market direction, enjoying the profits.
Maybe it is time to stop analyzing bitcoin and maybe end up just putting our money in there and stop nagging about every single move. I understand that some people wants to be "traders" that buy and sell everyday and maybe 1000% profit yearly or even more, but that is a very rare and unlikely situation and there is no need for that.

There is nothing in the world as trustworthy as bitcoin that you could put your money in that will make you profit in the long run. I don't know how much is left until you retire but to me it is around 25 years so if I keep saving money and putting all of them in bitcoin constantly and only cash out 25 years later (unless something major happens) that means I am going to be super wealthy, I trust that and I do not get why others don't do that.
They dont have much that trust and also its not really bad to assume about its potential but to talk about putting all in and wait up for 25 years before cashing out?
You wouldnt know if Bitcoin would still exist that time or had already been replaced by much better coins/projects in the market.We wouldnt know on what happen into the future.
This is why you can really see people arent really make out such step due to various reasons and the one i explained is included.Its true that people arent really that
fan on holding but rather making out active trades instead. sensibly speaking when it comes to gains or profits then theres nothing can beat out if you
do deal with trading actively.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Bitcoin_Arena on October 23, 2020, 11:50:31 AM
It is a waste of time in the sense that for the most part most markets spend most of their time ranging instead of trending, now if you only like to trade trending markets because that is your strategy then there is no problem but then you need to trade more markets than this one, if you trade for example 20 markets then a few of those are bound to be trending at all the times and you can use that time to keep producing profits, as you see I do not mean that trading trending markets is a waste of time what I mean is that only trading this market when is trending is a waste of time since there are months or even years between each strong trend we see.
You don't need to trade 30+ times a month or use 20+ markets in order to make good gains. On average a total of at least 4 upward trends and downward trends (7-10% price movements) happen in a month in between sideways movements. That all I personally need.

I think you misunderstood me. I am not talking about waiting for a complete bull or bear run in order to start trading. For example the recent upward trend of BTC or ETH that started on 19th October is good enough to make some decent returns on margin trading minus having to stress about with daily small trades of 20+ markets



Someone claimed how easy channel trading is by drawing some lines on the chart (https://bitcointalk.org/index.php?topic=5280361.msg55390730#msg55390730). I redrew the same lines in regard to the current situation and show exactly how he would have had his small profits smashed up within a day

https://i.imgur.com/jnfEER6.png


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: tbterryboy on October 23, 2020, 04:19:12 PM
Cryptocurrency prices seem to be becoming more difficult to analyze now but if you have a good knowledge of the market it will be easier to make accurate predictions. The market is constantly being updated with the latest aspects of technology. change with the system market research has to be done according to the plan. the demand for crypto market is increasing than before it will be easier if you can analyze properly without stopping.
The demand is always increasing but for some reason we still see a sharp downfall which is then recovered slowly. I believe the main reason behind bearish runs is because there are some massive holders still in our community and they often sell their coins and that causes a sudden fall in the market otherwise I don't see any reason why the market should fall at all and then recover slowly.

It is next to impossible to predict the bitcoins price now days because the charts would suggest something else and the market would behave in absolutely random manner so I have stopped predicting the price and instead play with the changes to my own advantage so if the price goes up by too much, I sell some part of my coins and wait for the price to come down and buy even more BTC with the money I got from selling them at a higher price.

Indeed, the market has become very difficult to analyze and make 100 percent prediction, but nevertheless there are tools for technical analysis that will always work. Every day I monitor the guys who make daily forecasts for the price of bitcoin and they do it very well. If you are interested here (https://cryptogeek.info/en/blog/bitcoin-price-prediction) can see how they do it.
I don't trust any such tools and they all are are just guessing the price because if these analysts were really good then why did they not predicted the market when it went down a couple of months ago and now when the price is going up everyone seems to be an expert.

I was never good at predicting market price for bitcoins and I always feel like it is absolutely random but I have learned something about trading and that is to buy some bitcoins when the price drops sharply and then wait for the price to move up and it eventually would move up, might take longer in some cases and once it does regain the average value you can sell the amount to recover the money you invested and for the remaining BTC you save, just hold them for future and t cost you nothing.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: barbara44 on October 24, 2020, 06:31:14 PM
The price never been like that since I got here, it’s always been unpredictable. I have seen so many experts on the price that took their time and wrote an analysis on Bitcoin and at the end it never worked that. Only few times (two times to be precise) that I have seen people predict the price exactly.
Well, when the market was new it was actually possible to see the market swings and notice why those swings are happening but now that the market is so diverse and big it is actually impossible to predict the price and even the direction of the flow of market.

The market can go anyway, the best you can do is predict both ways so that if it doesn’t go the other way, then you’re certain of the other, that way you can be sure what actions to take if it’s negative. As far as I am concerned, never traders realized that market conditions are easier and favorable to them; it is always a challenging one and who are all able to ride along the market direction, enjoying the profits.
But, predicting it both ways is a bad idea to be honest because if you predict it both ways how would you even make your trades? I mean you buy bitcoins when you think the price is going to go down and you put sell orders when you think the price is going down in coming wave. If you predict both ways you are actually playing the wait game, so you wait for the market to go up or down and you react accordingly.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: pankowri on October 26, 2020, 04:58:06 AM
2020 is the most unpredictable year that I have ever seen in crypto. If your analysis can not bring happiness to you continuously then you should keep away from it. Maybe sometimes we expect more or our analysis can be wrong. After all, we have to pay for it if we fail. Price prediction is getting hard nowadays.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: SquallLeonhart on October 26, 2020, 09:31:38 AM
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways
In my decade long trading career, I have seen such complains many times and not just with crypto trading but with almost each and every markets. When more traders joins into a market, the level of difficulty is obviously increasing to crack profits out of competition. This is the reason our usual analysis is getting filed over the time unless otherwise innovating it with new ideas and concepts. This is the reason continuous learning and updating is always a mandatory requirement so that we can stay competitive in trading.

have anyone here noticed same thing?
If you are generating your trading signals out of only one way of analyzing then definitely you will be noticing it. One probable solution is : you must work on more than one analyzing method so that you can withstand against market volatility.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Boov on October 26, 2020, 03:03:06 PM
2020 is the most unpredictable year that I have ever seen in crypto. If your analysis can not bring happiness to you continuously then you should keep away from it. Maybe sometimes we expect more or our analysis can be wrong. After all, we have to pay for it if we fail. Price prediction is getting hard nowadays.

First and foremost analyzing the market of cryptocurrency wasn't easy after all. It is unpredictable and hard to spell with, you should be used to watch the ups and downs movement of the market value. But as of this year i probably agreeing the mere fact that the market value was getting more difficult to analyze. But knowing that even the market was difficult to analyze the market value today were amazingly highly appreciable.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Fatemablabla on October 29, 2020, 07:45:38 PM
Actually the world condition is so much unpredictable now a days, so bitcoin is also a part of it. Predicting the price of bitcoin was not a easy task anytime. It was always unpredictable. At present there is so many big news for bitcoin, for that it's pumping. Also whales are giving it a support. Whales is on of the reason behind the unpredictable price of bitcoin. Because they can easily manipulate the market, and bring the price of bitcoin anywhere they want.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Mahanton on October 29, 2020, 07:51:07 PM
Actually the world condition is so much unpredictable now a days, so bitcoin is also a part of it. Predicting the price of bitcoin was not a easy task anytime. It was always unpredictable. At present there is so many big news for bitcoin, for that it's pumping. Also whales are giving it a support. Whales is on of the reason behind the unpredictable price of bitcoin. Because they can easily manipulate the market, and bring the price of bitcoin anywhere they want.

Since when where the price had been predictable? Since on the beginning of time where this market starts where prices had always been unpredictable.
Not really a fan with news or whatsoever but this market isnt really correlated from time to time but there are instances we can presume out that
it did really make out some significant effect but we dont actually know on whats the real thing that do happen behind for such rise or dumps.
Its never been easy and it had never been easy to analyze the market and of course manipulative actions is there which isnt something
new thats why we should really be careful on making out trading decisions.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: darewaller on October 30, 2020, 04:52:30 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
I have been here for like five years and I have hardly seen any analysis that happened to be accurate, so this is not a new thing.

I have seen so many people that tried to predict the price of Bitcoin and after they have made that prediction it happens to be totally wrong. Only fee analysis I have seen, and when the time came, that they were right. If you’re going to say that analysis are always right then you’re wrong.

But, I understand that at some point people get tired after they have tried so many ways and try to predict the price and still come out failing. Maybe you should go for a long term hodling.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: peter0425 on October 30, 2020, 06:13:17 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
Thats why we need to do is hold and pause for trading daily for a while?market is getting more difficult to handle and this is why we must be in safer position.

Look at the Defi currency in which making their way top but still unpredictable and we cannot just Buy and sell.

So Holding after buying for at least 6 months the shortest?


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Salauddin1994 on October 30, 2020, 06:37:36 AM
The market is improving through the last analysis of technology analyzing cryptocurrency prices now seems to be becoming more difficult as crypto markers are not stable it is possible to make predictions if you can analyze the trading charts by analyzing the market well. There is always a need to be active in the market to know new information also different groups or teams often give accurate information.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: proTECH77 on October 30, 2020, 06:53:05 AM
With my analysis show that something big is about to happen to cryptocurrency before the end of this year. 2020 is not yet over, I believe market can still change at anytime as long there are still supply and demand in the market.
Cryptocurrency market is reducing over some weeks now which is making some investors worry about their coins they are holding over some years . Every project has is own time and season to pump and dump. I think crypto will still rise again before the year pass out because many investors so much believe that the price will surely change soon.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: matchi2011 on October 30, 2020, 09:27:56 AM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
I have been here for like five years and I have hardly seen any analysis that happened to be accurate, so this is not a new thing.

I have seen so many people that tried to predict the price of Bitcoin and after they have made that prediction it happens to be totally wrong. Only fee analysis I have seen, and when the time came, that they were right. If you’re going to say that analysis are always right then you’re wrong.

But, I understand that at some point people get tired after they have tried so many ways and try to predict the price and still come out failing. Maybe you should go for a long term hodling.

There's no accurate and whatever traders are doing are all speculations and own assessments, things are really hard ever since
no shortcut all relied with how you estimate and how you believe.

Some might relate the ongoing movement with how the things happened like before but there's no assurance still, the patterns
are almost showing the same but you still need to anticipate that it can turned against you so be prepared.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Spaffin on October 30, 2020, 01:47:29 PM

There's no accurate and whatever traders are doing are all speculations and own assessments, things are really hard ever since
no shortcut all relied with how you estimate and how you believe.

Some might relate the ongoing movement with how the things happened like before but there's no assurance still, the patterns
are almost showing the same but you still need to anticipate that it can turned against you so be prepared.
One way or another, no one can make a more accurate forecast based on their own analysis no higher than 70-75 percent. Even such low rates are available only to real professionals, of whom there are not so many. That is why I also never pay attention to the analytics of third-party resources and people whose signals are aimed only at manipulating inexperienced traders.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: XCANA on October 30, 2020, 02:02:41 PM
As the days goes bye the world of cryptocurrency find new dimensions which makes it difficult to comprehend or analyze. Particularly the recent mode of trades are different from what we used to do during the 2017, back then, the market was predictable and was always on a higher mode compare to this year 2020 when the market seem fluctuating in nature. Well let wait and see what happen next year 2021.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: TitanGEL on October 30, 2020, 03:08:50 PM
It takes a mastery in order to fully understand a certain chart and its price movement, understanding the trend and also the candlesticks are also important and we should always consider it. I do not use fundamental analysis and I mostly rely on general market sentiment and in technical analysis. For me understanding and analyzing the charts is still the same before, I think you still need to focus on your analysis if you still have a hard time on analyzing the price action.

How do I analyze a certain chart? First I look the market structure where if it is uptrend or downtrend. What is the difference between the both? I can say that the certain cryptocurrency is in uptrend if it is creating higher lows and higher highs, while the downtrend coins are creating lower lows and lower highs. The bitcoin is now in the uptrend and if you will observe the volume you can find out that there is something good to happen. My analysis telling me to buy bitcoin and hold it for weeks as long as it will not get invalidated. We have still 2 months to go and there will be another surge for sure and we should really focus on improving our own analysis.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: davinchi on October 30, 2020, 04:02:36 PM
We have still 2 months to go and there will be another surge for sure
From your long statements, I understand bitcoin market is not that difficult now for you to analyse, right?
I am just wondering your expertise level in analyzing bitcoin markets; because only for the people who has been into such analysis for longer experience might be finding it is not difficult and profitable regardless of how wildly market is swinging these days.

If your time permits, please share about your profit percentage in recent times which are made only through your own signals.

so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
I am always seeing some people are always blaming market volatility whereas good profit level is purely depending on your own accuracy in generating your signals. Market is always unpredictable; no changes happening to this nature regardless of world events nor how many people are participating in trading. Yes, it is always a mystery for all traders.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: cryptoboss2020 on October 30, 2020, 04:28:51 PM
We have still 2 months to go and there will be another surge for sure
From your long statements, I understand bitcoin market is not that difficult now for you to analyse, right?
I am just wondering your expertise level in analyzing bitcoin markets; because only for the people who has been into such analysis for longer experience might be finding it is not difficult and profitable regardless of how wildly market is swinging these days.

If your time permits, please share about your profit percentage in recent times which are made only through your own signals.

so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
I am always seeing some people are always blaming market volatility whereas good profit level is purely depending on your own accuracy in generating your signals. Market is always unpredictable; no changes happening to this nature regardless of world events nor how many people are participating in trading. Yes, it is always a mystery for all traders.


what?  i dont agree with you !!
i have long experince if something is different then i would notice that.
i said markets now are less predicteble then likely they are trader like me with this long experince dont say just things.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: beerlover on October 30, 2020, 08:12:51 PM
The market is improving through the last analysis of technology analyzing cryptocurrency prices now seems to be becoming more difficult as crypto markers are not stable it is possible to make predictions if you can analyze the trading charts by analyzing the market well. There is always a need to be active in the market to know new information also different groups or teams often give accurate information.
When the technology behind bitcoin improves along with the adoption of bitcoin increases (with paypal news) it was bound for a big increase, nobody could deny that this was totally expected whenever these type of things happen. First it was defi that showed the world what it can do, that made it go up, but after that paypal also showed the world how adoption could help and these combined allowed us to go from 10k to 13k+ levels.

What seems to be a mystery right now is to see what is going to happen in the near future, we already did the tech improvement and paypal already said they have done it, now what? I do not really know what is going to happen next, only thing in my mind that could be is amazon accepting crypto, that would make it go 20k+ very quickly.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: RokokGudangGaram on October 30, 2020, 09:42:11 PM
As what I notice, the market still behave as it is but if you are trading for a daily one then I am sure that your view is quite different to mine because I am viewing it as a long term trader.

Price analysis is not that easy to execute especially if you want a hundred percent correct result or even a passing percentage like  80% of your price analysis will hit. Not only if you are already a professional trader where you have enough resource to predict the price correctly.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Shasha80 on October 30, 2020, 11:49:56 PM
Like everyone, it is difficult to predict cryptocurrency prices this year, because there are many unexpected events this year.
One of the COVID19 pandemics has affected the movement of cryptocurrency prices. The current market is indeed difficult
to predict, Then the DeFi trend was also quite surprising for some investors, because there was hype on some coins. In fact,
another unexpected news related to Paypal finally accepted cryptocurrency. So there are so many surprises this year, fortunately
all the surprises that happened created a positive trend for crypto investment.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: TimeTeller on October 30, 2020, 11:54:48 PM
As what I notice, the market still behave as it is but if you are trading for a daily one then I am sure that your view is quite different to mine because I am viewing it as a long term trader.

Price analysis is not that easy to execute especially if you want a hundred percent correct result or even a passing percentage like  80% of your price analysis will hit. Not only if you are already a professional trader where you have enough resource to predict the price correctly.


You will lose your mind if you will try to analyze the whole crypto market.
Even few alts that you are closely following will give you a headache.
On my end, don't get too attached with trend analysis of so many coins.
Just follow closely those that you have vested interest, others, just leave them.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: gabbie2010 on October 31, 2020, 01:56:44 AM

There's no accurate and whatever traders are doing are all speculations and own assessments, things are really hard ever since
no shortcut all relied with how you estimate and how you believe.

Some might relate the ongoing movement with how the things happened like before but there's no assurance still, the patterns
are almost showing the same but you still need to anticipate that it can turned against you so be prepared.
One way or another, no one can make a more accurate forecast based on their own analysis no higher than 70-75 percent. Even such low rates are available only to real professionals, of whom there are not so many. That is why I also never pay attention to the analytics of third-party resources and people whose signals are aimed only at manipulating inexperienced traders.
I believed the inaccuracy in price analysis should be attributed to many underlying fundamental factors that affect the price in the market nowadays unlike before when the price is more stable except during Bitcoin forks that is when the price experience some pumping then.
Nowadays you can't hardly analyze the price due to the erratic price movement, the best bet is to buy and hodl so as to be on a safer side.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: KnightElite on October 31, 2020, 03:05:11 AM
For me analyzation is really subjective, there are people who wants complicated analyzation to have better conviction on the data that they are getting and there are some people who have  simple analyzation. I only analyze few coins ranging 5 -10 coins because there are too many coins in the market and I do not have enough time to analyze them all, I'm a day trader and not a pokemon hunter so I do not give care on some coins especially those shitcoins out there. When I analyze a certain coin, I first look at the background of it where I research the team behind for me to see if the coin have potential or not. Then I look the sentiment if there is a hype on it, there are times that hype is the reason why the prices are quickly rising up so I considered it as one of the factors. The difficulty of analyzation depends on what skills that we have, it is easy to master especially if we will give care on it. I do not also suggest that you will follow that analyzation of the others because they are not liable whenever you lose your money in the market. As a said earlier, the analyzation is a subjective and you should be the one who will create it and not the other people.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: EdenHazard on October 31, 2020, 09:33:36 AM
COVID19 pandemics
Corona is here to be blamed.

What else? I think it's just an ordinary market , where there's a special condition to the covid19 where noone ever expected something like that to happen and hit every single financial market in the world so hard to the dip, bitcoin itself save from the extinction yeah if only there's noone believe in bitcoin .. back in February-March where the market has reached the peak .. frustrating and down nearly half of it in price , it could be even worse.
Here we are today enjoying the ride to another all time high?
Not really difficult to analyze, it's just a special condition hitting us.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Janation on October 31, 2020, 10:03:02 AM
You could say that to 2020.

Pandemic, and other problems in between and now we have these storms closing to our country. What a year, anyway I think that could also be because of the things happening and people are quite attracted to Bitcoin, with a lot of people going in and going out I guess that makes Bitcoin more unpredictable, something we can get from this chart (https://ycharts.com/indicators/bitcoin_transactions_per_day), I guess.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: xSkylarx on October 31, 2020, 11:18:45 AM
Nowadays you can't hardly analyze the price due to the erratic price movement, the best bet is to buy and hodl so as to be on a safer side.

But what if I want to earn on a daily basis, hodling won't surely work. And doing that is not really safe. How can you assure that its price will boom in the next few years? What if it does not happen then you just ended up hodling for nothing.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: culuuton on October 31, 2020, 12:41:02 PM
so its getting more difficult to analyse prices do you guys dont think that market is more un predicteble then before?
you can read the charts and analyse before it use to be went according to analyses but now it look like the market can any ways



is so what could be the reasons?what have might caused this ?? have anyone here noticed same thing?
Price prediction has never been easy not only now but also before too. Can you tell when is the easiest time to analyze prices in the past? Many predict, many analyzes but the exact number is how much, very low.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: lifeOK on October 31, 2020, 12:45:07 PM
Nowadays you can't hardly analyze the price due to the erratic price movement, the best bet is to buy and hodl so as to be on a safer side.

But what if I want to earn on a daily basis, hodling won't surely work. And doing that is not really safe. How can you assure that its price will boom in the next few years? What if it does not happen then you just ended up hodling for nothing.
At least if you're tight with bitcoin and ethereum surely give more good impression than any others. Yes, hodling won't surely work on every other shit project. What about you're dealing with great project, has great passionate team which definitely boost up future. What i say, Holding is matters.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: rijaljun on November 04, 2020, 06:50:46 AM
In my experience it's really hard to predict it since from the start since the market is decentralized it's really volatile there are times that I can predict it but most of the time are not since there's a lot of variations to consider. I think it's a matter of strategy and backup plan how are you going to adjust to the market.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: FanEagle on November 04, 2020, 06:56:54 PM
Even if you want to earn daily, you could still hold your bitcoin, you could hold it on places that gives you interest.

Obviously some places give insane returns that looks fake and I do not believe them, but there are also legit places that gives a proper return as well. I for one love freebitco.in which gives a steady return of yearly 4% for your bitcoin which is a lot, and I think that is quite great that they allow you to make it on bitcoin and not dollars.

This is the reason why I think it is quite important that we end up with picking the right one and not one of those scammy looking ones. After that, your path to daily income is simple, just collect that if you want to, or just ignore it and let it grow even bigger because the longer you keep it there the more interest you get with the earnings.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: Hamphser on November 04, 2020, 10:02:08 PM
In my experience it's really hard to predict it since from the start since the market is decentralized it's really volatile there are times that I can predict it but most of the time are not since there's a lot of variations to consider. I think it's a matter of strategy and backup plan how are you going to adjust to the market.

You wont succeed if you dont have this kind of thinking thats why its really important to find up some strategy on how to be profitable into this very unpredictable market.
Market hasnt come to be an easy one to be predicted yet since from the beginning its always been a major problem on how to deal with this very volatile market.
Not that its getting more difficult yet its had been difficult since from the beginning.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: ice098 on November 05, 2020, 12:41:35 AM
As what I notice, the market still behave as it is but if you are trading for a daily one then I am sure that your view is quite different to mine because I am viewing it as a long term trader.

Price analysis is not that easy to execute especially if you want a hundred percent correct result or even a passing percentage like  80% of your price analysis will hit. Not only if you are already a professional trader where you have enough resource to predict the price correctly.


Analysing cryptocurrency was not easy as it seems and as it is always. It was the mere fact that cryptocurrency was a volatile currency was what every traders should dealt with. Even the professional trader i bet still have some difficulties when it comes on analysing cryptocurrency. Be it fundamental analysis or technical analysis sometime we aren't come up with the right decision but with the help of these tools we can decide what were going to do as traders.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: lienfaye on November 05, 2020, 02:11:26 AM
Well even before, the market is really hard to predict and make an analysis.

Specially if you're not good in TA and just relying on other investor's prediction regarding the status and the possible next movement of the coins.

We cant certainly predict the prices of the coins and thats how it goes for crypto, its an speculative investment.


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: slaman29 on November 05, 2020, 08:24:26 AM
You could say that to 2020.

Pandemic, and other problems in between and now we have these storms closing to our country. What a year, anyway I think that could also be because of the things happening and people are quite attracted to Bitcoin, with a lot of people going in and going out I guess that makes Bitcoin more unpredictable, something we can get from this chart (https://ycharts.com/indicators/bitcoin_transactions_per_day), I guess.

You could say that about every year in this case. Remember 2017? Bitcoin was supposed to be in a downward spiral with all the internal wars going on with big blockers. Ethereum was supposed to do the Flippening and CryptoKitties would push it to the top.

But Bitcoin improved and ETH went down.

And trade wars in 2019? Made Bitcoin go even stronger.

Every year is difficult to analyze, and hundreds of experts get it wrong every day;)


Title: Re: it seems to getting more difficult now to analyse cryptocurrency prices
Post by: SquallLeonhart on November 05, 2020, 03:56:15 PM
You could say that to 2020.

Pandemic, and other problems in between and now we have these storms closing to our country. What a year, anyway I think that could also be because of the things happening and people are quite attracted to Bitcoin, with a lot of people going in and going out I guess that makes Bitcoin more unpredictable, something we can get from this chart (https://ycharts.com/indicators/bitcoin_transactions_per_day), I guess.

You could say that about every year in this case. Remember 2017? Bitcoin was supposed to be in a downward spiral with all the internal wars going on with big blockers. Ethereum was supposed to do the Flippening and CryptoKitties would push it to the top.

But Bitcoin improved and ETH went down.

And trade wars in 2019? Made Bitcoin go even stronger.

Every year is difficult to analyze, and hundreds of experts get it wrong every day;)
I could say that every year has something special about it, and I am sure that if you go back in time and check every year at least few stuff that is not really nice happened not only in crypto but in general of the world, there hasn't been a year without any major problems in any nation, there is always at least one big news in the world.

However let's be realistic, we are getting closer to almost 1 year of pandemic and people trying to stay at home as much as possible and wearing masks as much as possible when they go out which is like the middle ages with masks of big nose thingies.

So, yes every year had something but for the past 70 years or so since world war 2, there hasn't been anything that affected the whole world at this scale, this year is much much different than the other ones.