Indeed, there is no scientific evidence that technical analysis works, but experienced traders use technical analysis in their work. If technical analysis were absolutely useless, it would not be used at all. Technical and fundamental analyses give good results when used in tandem.
Technical analysis is a feature that the trader's price estimate is related to psychology. It is the movement of people with less money to influence the price, so moving together means investing big money. TA doesn't always have to work, it is only an estimate. Sometimes fundamental analysis aslo doesn't work, so the news don't come as you expect. These are just the price prediction features and it is not possible to move without them. |
|
|
|
|
The price drop was only 200 USD and I didn't understand why you were so inflated. These drops occur at least once a week and do not go below 6k, when it will go down below 6k, then maybe the signal for price decrease. The links you have shared are also the news of 4-5 months ago, they share such news even now and these are unnecessary news.
|
|
|
|
|
If it doesn't help anyone, why do we need this? Think of BTC as a USDT, it will only help to keep the money you earn and also the stability of Bitcoin will already result in slower movement of prices. Stability is not a reason for acceptance and the reason why governments do not accept Bitcoin is not due to price volatility. These are just a guess and the future will show us what will happen.
|
|
|
|
For a newbie, the price of the current bitcoin is really bad. However, if you invest in bitcoin since it comes out, you can see that its price has gone up a lot. So do not hurry to give up, please invest in bitcoin, I believe it will bring huge profits for you.
not only a beginner but everyone thinks it's bad, but the price of bitcoin is down it's normal because bitcoin is not stable. Yes, it is currently experiencing a development to start going up, just hold it and just wait until the end of the year. usually the price of a coin is determined at the end of the year. Yes, due to the volatility of the price, the price of the current situation can be understood as well. Recently the price was like stable, but in general it is. As a matter of fact, we don't know how the price will be and maybe we will see green prices when we get up tomorrow. Already the last year's increase showed what could be possible and I think it will continue to show. |
|
|
|
|
If you have no idea what to do, you should try to stay away. The only thing you can do when the current market situation is bad is to find some fiat and get digital money that can provide you earnings and rest your head until the prices are improved. It is not possible to say anything about the improvement of prices, maybe the last year's increase made an impact on people, perhaps this year will help the artificial increase. Or the decision of the ETF will help it, just waiting can help us.
|
|
|
|
|
The amount you have said is very big and if you can share that address and a document which evidence of belong (although not necessarily), it might be possible to believe it. Also, how did you invest and wonder why? As far as i know, even approved accounts in Binance can not withdraw/deposit more than 100BTC. Wow, 7.680.000 USD.
Firstly, I would never trust any exchange to deposit such money. But, if I had this incident, I was on the way to the head office.
But if you lie, you'd be badly hurt by Binance, which is a great accusation and may harm Binance's image.
|
|
|
|
Those people don't have any knowledge about bitcoin. They always tell that bitcoin is fraud or a ponzi scheme. And they believe on the negative news about bitcoin that are coming out.
- We can not say they are people without knowledge, they are just people who are affected by negative news, because the pressure and the spread of the bad news so fast, they can not have an accurate analysis and judgment about bitcoin, their knowledge is disturbed when too much bad news is said in their ears. We can even say they are victims of other people when many people are very selfish, always apply bitcoin to the scam program or do not want others know about bitcoin, share this pie, greed and selfishness of many users to make bitcoin a fraud in the minds of others There is a reason why all of the most valuable things in the economy are worthwhile and each one is managed. Maybe people feel safe in the basic system, already in cryptocurrency there is nothing that can make sure it. The fact that the price of cryptocurrency is managed by nobody is the reason for this idea. Prove itself and more survival will change these ideas in the future. |
|
|
|
I'm just curious, why do exchange always attempt to create new kind of cryptocurrency that can replace USD?
In my opinion, It's much better if you can just convert it directly to USD, so trader may assure that their money in the trading site is really equal to 1usd.
What is your option on this matter?
So that stable money can only be traded in the same exchange, which means that it can provide earnings from interest. Also you can not make withdraw that stable money from the exchange to other, you have to change it to Bitcoin or another one. So Bitcoin's price is higher when compared with other exchanges. If you are just using an exchange, maybe this might be useful. |
|
|
|
Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.
If we think that Bitcoin is not widely used as a payment method, the main goal of the Bitcoin owners is to obtain some profit. But we cannot belong it to everyone, there are some companies that have created their own digital money to use only within their own company, although these coins are not widely used. Besides, some people think that the cryptocurrency is the money of the future and they reserve some money for themselves. |
|
|
|
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
When the market is waving, sell when it is already 90% and above then dont set in buy wall in very down set. Trade when you know that there will be great announcement of that coin. You can not always earn that much, 90% or above earnings are not always possible. You could have seen this when the market's status was good, but lately it is hard to earn so much. Also according to the future news of each digital currency the interest rate is not be the same, 90% or more rarely seen. If you are always expecting so much, in my opinion your strategy isn't right. Or you only work with pump groups. |
|
|
|
It is true that "hodling" will be the solution to this price drop. Why because many people have changed from bitcoin to usdt and other coins that they think are very stable and not affected by the current bear market trend which causes a drop in prices and it raises the demand for usdt more than btc. A typical proof of this is when the fake news that binance will delist usdt, the way people rushed and exchanged their usdt backed to btc brought about a sharp increase in btc price. When the news was condemned, we saw how they started changing back to tether which caused the reduction in btc price again.
But, I think the recent change in USDT has an effect on people due to no one thought the USDT could be changed until price went down and there is no guarantee that it will not fall again in the future. There are tens of thousands of Bitcoin holders and because of it is impossible to manage everybody holding is not a solution. Any news that will have a positive impact on everyone may cause price rise. |
|
|
|
If you believe in cryptocurrencies and if you want to earn good income i think it a good reason to take all the risk in investing or trading cryptocurrency.
Belief will be until the price goes down, then the belief will turn to panic and the crypto dream will end. Earning and risk are related words, if the possibility of gain increases, the risk increases as well. In crypto if you can afford to lose your money, then you can earn. Therefore, it is not always possible to gain, the price providing the earnings is volatile and this volatility does not always move upward. |
|
|
|
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.
However, in my opinion trading without analyzing will cause expense of trader and he needs the chance to make a profit. Imagine, if he wants to enter the market at a time of panic, he turns from whale to fish. It is also possible that you say, but I know only Satoshi who has enough Bitcoin. |
|
|
|
|
I didn't understand Bitcoin was sent by you or someone else. If it was sent by someone else, it might have gone wrong. Otherwise, if you mistakenly sent Bitcoin to Waves address, in my opinion it would be possible to come. Because I had mistakenly sent MNX to Bitcoin address and it was possible to seeing this transaction from explore, but due to this was an exchange wallet i couldn't get the private key.
|
|
|
|
In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful
I agree because there is also no assurance for us to get a 95% profit in cryptocurrencies, 20% is more possible than 95% and we must know how the market flows so observe most of the time if you are not busy because this is also important especially if the market makes more than 20% then that will be more good. In my opinion it doesn't belong to all investments. People can also make 20% profit in forex, but who want to make more money choose cryptocurrency and this fact attracts peoples attention. Surely it isn't always possible to earn big gains, but i don't understand why you treated to 95% like that. Bitcoin is the biggest example of the gain potential of digital money. |
|
|
|
All market can be manipulated , even in stocks and forex market that has higher market cap than crypto also possible to manipulate it. The manipulater market is big player who have alot of money. But when crypto to be multi trilliun dollar market cap will be more difficult to manipulate it. Like gold that has more than $7 trillion market cap is hard to manipulate the price.
Sure, and for a market that is even just starting, a lot of speculations all around and people wanting to get rich overnight, it makes this market an easy target. We have to understand that there is really no regulation in place that actually get to see things go differently compared to what has been happening with the stock markets in which you can easily get jailed or get into trouble for manipulating the market as we have seen cases like that before. However, as a market keeps getting bigger in market capitalization, it becomes harder to achieve this and even with real life usage, it even gets harder. Yes, every market can be managed. Maybe they act to the Bitcoin from the outside, even though they influence others from the inside. So they have gathered a large portion to their pockets to manage Bitcoin and have the power to determine the price at any time. Even if they cannot manipulate the price they want, the psychology of people helps them after making a small change in price. Also, considering that the price change is different from the others, it is easy to influence the price with a little news. |
|
|
|
on the first page you have explained the difference between a Trader and a Gambler and honestly, I strongly agree..but to be able to become a trader who really does a trader instead and not a gambler, in my opinion, it is not easy besides you have to have a smart brain you also have to join the right group to help you make decisions. so I think that what makes someone successful as a trader is because of the right decision.
Furthermore, the real trader must trade with his own analysis,information, but nowadays most people work with pump groups which destroy any token for money. Another way to make money is arbitrage, but it doesn't hurt anyone. In fact recently the prices have dropped a lot and making money has become difficult, but the pump and other things are much more risky. |
|
|
|
I'm glad to know your opinions about that...
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Today we can use Bitcoin as a payment method in few places where are not important places. Most of the money depositors do it for earning some USD and the only goal is paper money. If Bitcoin could not be measured with paper money, it wouldn't be as thematic today. Apart from making money people need to understand that Bitcoin is more valuable than it looks. So my opinion is that we are still in the early adaptation. I am aware that so many things was changed, plenty of users, dozens of exchanges. But it's too early and still needs a lot of change. |
|
|
|
|
Considering that Bitcoin is also currency, then 1BTC=1BTC.
Everyone wants acceptance of crypto, but they are still calculating the US dollar equivalent of BTC. In my opinion, no paper in the world has the same value as BTC.
|
|
|
|
As an investor, what should I look for in selecting the most ideal exchange platform?
You'll only earn a little by trading in one exchange furthermore, it is not worth risking for small profits. So there are more than 10k digital currencies in crypto sky and it's impossible to find them in just one exchange. So you should be interested for the best coin, not for the best exchange. Finding good coin is not easy unlike exchange. |
|
|
|
|
Show Posts
