The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins. This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.
I totally agree with your thoughts. Many people still use techniques to analyze price charts but I think it's useless. This is a psychological battle between investors and whales. If you catch up on it, you will definitely be rich. Otherwise, you will die. That's the rule and we can not do anything else!  If the technical analysis always showed the price correctly, why do we need more analysis? We cannot erase this due to occasional analysis errors. Whales can go at the time of recession contrary to the chart. Their power is not inexhaustible and if you see this as a problem, why do you engage in trade? |
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The sharp drop of prices gave everyone that feeling and now the lowest price is unknown. Most of the digital currencies currently traded are lower than the ICO price. We don't need to worry anymore, the price can not just move up, sometimes prices may also be on holiday. We just need to wait until the time comes.
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Already the decentralized money will be needed when the time comes, not to gain as it is. We all know how easy the usage of the plastic card is from paper money. Cryptocurrency is much more useful than a plastic card, and you don't need to carry anything physical, just the presence of the internet is enough to pay anything.
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In my opinion the market is getting ready for big movement. Now everyone has their last hope, end of year increase and ETF decision. If this event will not happen and if we will enter 2019 from current price, we can fall below 6k.
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Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk
Well, if you are thinking of investing your money for gaining some profit then you should risk your money and if you are thinking that you can save your money in bank or something then I must tell you that that's the best way to burn your money as it won't make your money grow as the intrest your bank provide is far less than the inflation rate. Now talking about investor safety, they can store their bitcoins into a hardware wallet or maybe make a couple of backups and store them in different places to make sure they have reliable security and also never access your wallet on a public computer as risk of getting hacked is pretty high. Absolutely true. If you are looking for a safe place, maybe pillow, but there is also possibility of being stolen. However, the security level of hardware wallets is millions of times more than banks. If banks do not have their own earnings, they will never give you interest or credit. |
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Not only today but it's already been like that since the bearish market start in the middle of January. During that span, it really looks so sluggish and it really bores you sometimes but you should need to hold your assets for the market will going to rise again before the end of the year.
If you want earnings, you shouldn't just wait. So, the market is not just established on Bitcoin or Ethereum. There are thousands of coins on the market and you can see that at least 10 digital coins increase by 20-30% every day. If we had already kept the coins, we wouldn't have such a volatile market.  |
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Technology will ruin many things as well as solve many things. Imagine that robot will do your job without sleeping, eating and relaxing. Then why does the world need you? Existing more intelligent robots than us will make us meaningless. This is actually a good thing, but it will become increasingly boring.
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I don't think that Bitcoin will make great gains after this moment, the price has recently been stable. Who invested in time or engaged with mining have made big gains. But now we are waiting for the decision of any institution that will decide the price.
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Hi!  I know p&d but I've never tried it before A good friend showed me his benefits on Big Pump Signal, about 5% in the last 2 weeks, I believe so, but I've always heard that these things were a scam. This group has more than 100k members, do you think that's how this particular group is benefiting? Already in any pump group possibility of gain depends on your chance. You should be able to trust people you don't know and risk money and you are in doubt whether you can make a profit. In fact one of the ways you can gain earnings for the present situation is pump groups, but it is hard to find trustable one. Also never be fooled by the fact that the group has a lot of member. |
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In my opinion, the fact that there are more exchange or ICOs is more selective, which is a useful thing for us. Anyone can find projects suitable to their criteria.
However despite all this the market price is one of the reasons why investors are withdrawn from the market. As we know, the increase in the past year the reason for the growth of many investors, the repetition of price increase can increase the number of them.
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I still want to get better at trading forex. I see the technicals working and appreciate the global relation to news and events. I just want to be a better over all trader. The challenge is in finding the time and balancing it with other life commitments. Crypto is interesting to trade, but it moves so fast and unpredictably.
each trade direction has its own individual capabilities. Mainly the results depend only on the user, although many traders of crypto currency always negatively spoke about Forex. indeed, most of it is like that because forex is like gambling, and if crypto is like an ordinary market that only works on it, we buy at a cheap price and sell when the price is high Saying that forex is gambling means you don't know anything about it. It is possible to trade in Forex such as gambling, which this is your own choice and it is very unlikely that you will gain. Forex is the type of trade that moves much more slowly, most of the time the analysis runs and the risk is less. |
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Actually it is too early to judge that there is nothing going to happen at the end of year. This is crypto world and you never know what will happen to the next movement. I have seen that crypto has risen by 20-25% in 30 minutes of window and this is the power of crypto currency if you ask me. Such events has always happened in the past and thats why we can rely on it until the last movement of this year also. Who knows this year the movement might just start at the end of december or start of November. The market needs little time to gain the capitals so its all about the time. I guess there is still great hope and things will surely come to a sweet end.
I totally agree with you. The potential for change in cryptocurrency is very large compared to others and there is always a possibility of price rise. So every decline is a bigger opportunity for getting up, if only a little can be pushed, we can see the highest price so far. |
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Don't rely on luck when you are trading. Check the charts, use the available tools in the exchange site to check if the price of the coin that you want to buy is still good. Learn how to use tools like RSI (Relative Strength Index), Bollinger Bands and Parabolic SAR. Check the price history as well so that you will know if price is high compared the last few days and check the news of that coin that you want to buy.
if I just rely on luck I don't think that is the thing that can be used as the best choice, now we can continue to trade based on analysis. maybe as you say checking each step can make a benchmark for seeing coin prices from time to time so that profits can be controlled. trading is like a gambling and it does actually requires a luck because you dont know on what will be the price of the coins after you make a bet/trade . now if someone isnt lucky enough on trading then much better if he can just stop doing it , so that he wont loose any money more often . instead he can just try other profitable activities that doesnt involved any luck like for example working on a real jobs , jobs are not risky because you dont invest anything here . Not trading, but some wrong strategies can be compared. Also, this is what you say can be attributed to the cryptocurrency. So, I think it would be more appropriate to call it chance instead of gambling, in gamble you always need chance, but the right strategy to earn in trade can go against chance. |
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As far as we've seen recently, maybe it is. But, Bitcoin has such a structure that i don't think it can be stable, if the conditions don't change. We've seen the long-term 6k price just this year and the future will show us what will happen.
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In my opinion you should give superiority to fundamental analysis and trade if you have any information of any innovation or if you come to a conclusion from technical analysis. Never be afraid of losing, every time you lose, you are one step closer to earning.
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If you have any doubts about your safety, i don't think the first 50 exchanges are going to steal your money. You have to pay attention to fee, so some exchanges sue more fee. Also, never store your money in exchange because of the danger of hacking.
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I think, with current market conditions holding is the best choice and is the safest way because it will reduce the risk of loss and will make you still have the opportunity to be able to get profit when prices start to rise
What if the market's bloody situation is going on for a long time? Therefore i don't think waiting is the best choice. Watch out, plenty of coins mean the same amount of luck for profit. |
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Volatility of the price is not just the upward movement so, the price movement is not always gained, sometimes declines must be. Already panicking doesn't give anyone anything, and you'll lose by panicking.
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A trade with a big leverage causes you to lose all of your money with a small move. Surely you can gain more, but if your money is few, you can lose all of your money when it moves a little bit opposite direction you predicted.
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There is no such thing as always prices should be green. You can see it in all trading sectors, maybe crypto is a little more volatile, but first lesson you need to learn when you started crypto trading should be ''risk''. If you haven't learned this before, learning in this way is your own mistake.
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