Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!
Hahahaha. I thought I was the only one who realized it, it's not only on Youtube but in almost all social media especially if they are claiming that they are really like this pro doing such technical analysis. I'm thinking that everyone can do it, even you, even me. Can't blame them because we all know all of it is just speculation even our own technical analysis. What I don't want is shilling some projects or convincing their viewers even if it is really obvious not to happen. |
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To OP and other people who will receive or already received this kind of email or any related or looks like this, make sure not to forget to report the email. There's a button in your email provider like "report this email" or report some domain of the site where it will lead you so they will be block somehow or marked as scam by these email providers.
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It's like a general stop loss where you know your limits. Stop loss is important because it's a decision you lose small or you lose big. That's why it is very important in trading or in any investment. The important part of the trading will be holding after you buy at the right price using your strategy in the trading.The strategy building was the important one in the trading,the trader can create this by spending their valuable time in the trading.If you had learn the trading,So you will learn to hold the coins for the longer period.The trader who learned trading by spending their time in the trading,he will have the good patience for holding the money for the longer period.The holding was the important thing in the trading to get huge profit in trading.
That's why before you open a trade you must have already a plan, entry price, target price, and stop loss price. You don't open a trade just for random because if so, it's just like a gambling, that's why there are technical analysis, fundamental analysis. |
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This is really common these days, I am just really worried on upcoming bull runs and especially once a lot of people already introduced with cryptocurrency and that time a lot of so-called "influencers" will take advantage the platforms or their fame to make money on the people without doing any research and just promoting random projects that will lead to losses on investors especially the new ones.
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I am not sure if this kind of website will be able to be detected by some extensions like the Metamask extensions (I know Metamask has a feature like this).
Another thing to identify this is to try to search in google or any search engine for the domain/website of the platform and for sure you will get a list of results like it will show you some feedback from other people saying this website is a scam or legit, just double check everything.
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(....) Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much.  I really do not agree with this. This is all connected with NFT. During NFT hype, there are a lot of platforms that already have this but then again, failed. So for me, since it is tied with NFT, it will be also in the hands of NFT if it will be succeded, we all know how NFT market really crushed during this bear market and still not sure if it will recover. |
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(...)
If they do have 80% accuracy, then anyone who uses them would become wealthy in a short time.
Do you use any crypto signals?
It's still not guaranteed because even if you say that is the success rate percentage, you can't be sure because what if that percentage was measured since they started? I already tried to join before, on this signal group I was able to observe that they are more profitable during bear market, but when bull market comes, they are extremely bad. |
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You shoul read the next topic it is very useful Using Locktime for inheritance planning, backups or giftsBasically you need to tech them how to use bitcoin, wallets and other stuff. And keep a signed transaction for them, that is locked by that method. They should be able to broadcast it when the time arrive I checked another article by LoyceV, it's quite good and I can see very safe. But it's kinda very technical, even a technical person will check and try it, but they will have a hard time using it. For sure there are a lot of other ways or like the traditional way which just hides some information on how to get access on Bitcoin for inheritance. |
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All of them are good, but each has pros and cons. Bitcoin for now is extremely volatile compared to gold and land.
The land is also difficult if you have little capital to buy, and the hassle of getting proper documents to be able to own land under your name is difficult.
Bitcoin is still new so we still don't know what will happen in the coming years in Bitcoin especially since some governments are against it.
Gold if you own it physically, you will have a hard time storing it physically but there are already a lot of ways to own gold online now.
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I can't agree more on this as part of what he states is happening now. The "chatter, news, anxiety, expectations, hype, hope" and speculation are now littering the internet.
(.....)
It's like I can see these upcoming price actions of Bitcoin is more like "buy the news, sell the rumors". For most of us, the basis is months before the Bitcoin block halves we will see the price of Bitcoin will start to pump but it doesn't mean the pump will create new all-time highs. |
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Candlestick patterns can be a great way to make predictions of the future price in forex, option, stock trading
Any negative or positive news can prove your prediction wrong if it is only based on candlesticks. All the news events, positive and negative news that affect the market, economic news, wars, political news, and a pandemic disease like the coronavirus are represented there in the charts with candle stick patterns. Sometimes, it is possible to predict the market based on candlestick patterns. but in terms of crypto, this type of pattern will not have any meaning if there are any news events.
This is not true, News events are not selective of a certain market, they affect all markets, stocks, Forex, and option markets, and not just titled to the cryptocurrency market. Franctoshi is correct, all these news/events must be differentiated with technical analysis. If you are doing analysis on charts, then focus on charts, it's too technical so don't use the fundamentals like news/events from your analysis because it will make you confuse and sometimes you miss a good trade. |
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There's risk involved in all of man's endeavors, not just related to trading.
But I quite agree with you that you need knowledge before getting involved in trading. Moreso, you also need to trade with what you can afford to lose, because the market can turn south.
This is a must always, trading already involves money, it's not just a game where you can just test something or do some plays. For me, before we start trading, we must say and think first. Make sure you know what are you doing because whenever you made some mistake in trading, you can't get your money back anymore. |
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But here's a question for you, fellow Bitcointalk traders: Does standing really help make better and faster decisions in the high-speed trading world?
No. Standing there for me or was only health benefits. You can be standing and make terrible decisions if your focus for attention is divided. Have you tried it, and did it work for you? Yes I have. What worked for me was reduced back and joint pain. In addition more blood flow to my feets and less swelling of my veins. Nothing to do with my trading attention and focus. Or do you believe that the comfort of a super ergonomic chair is the key to staying sharp during those long trading hours? It plays a role but it is not the main thing. All these just enhance.the trading experience. This is my opinion. Some other person opinion may be different. But if you are a healthy person, it will also help you to have more time to trade compared let's say you get sick and admitted to hospital, for sure you will take a break from trading. Overall, it's like only for health, because for me, if you have good body, it will affect your psychological, you can do more work, you can think more, think better without having any sick. |
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So in other words not only they regulate exchanges but now they want to identify the people using Bitcoin from on_off chain data as well? What we have way too many is a mixer, unless they have a plan to control all the mixers as well, there is no way to ID people based on "addresses".
I believe this is only their downside, right now I don't see any entities that can able to do this. But just take note that using mixers will not make you 100% guaranteed, so still be careful. I am also worried about our current centralized exchanges where for sure they will cooperate on this project which I think they have part on this also. |
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From what I observe on this current price level and compare it to previous Bitcoin block halvings. I am more positive that we will not see anymore new lows, maybe a very nonstable or sideways will still be there, 200 days are still long plus we are about to end the 2023 year, so we should expect the unexpected.
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(....)
Summary, invest in bitcoin and forget about the investment and hope that you will make profit after some years coming.
This is easy to say but difficult to do especially if you are a beginner and you are just worried about your investment, from time to time you check the price of Bitcoin, checking the charts just to make sure your investment is still safe. But as time goes by I can say that you will get used to be about this process. |
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(....)
Don't get me wrong, I'm not against holding, nor am I getting frustrated, at least not yet; I did it in the past and regretted it, even though my only source of income is signature campaigns. It's just that sometimes you can't stop the thoughts from circling around your head. I generally didn't bother to even look at it's price, but I've recently started feeling a little wearied. Perhaps it has to do with the life-induced stress that I've discussed in a previous thread. Who knows? How do you cope with waiting?
I understand, for me, I am not really tired maybe because of a lot of factors like I am a busy person and I practice having patience with Bitcoin price, like not always checking the price of Bitcoin, not always checking the charts, and having some leisure to not get bored or tired about waiting on the price of Bitcoin to pump. |
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Here in our country, there are some mobile banking or digital banks that offer some APY rates ranging from 6% - 15% but it's not lifetime like they have this promo that you need to accumulate to specific numbers they decide then you get the high rate for a month.
In cryptocurrency, decentralized platforms like lending also offer this but the 2-digit rate is seems difficult to find.
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(....)
Does it mean NFT is a scam sector of crypto market, or is their concept good, but the execution of the projects are wrecking everything? Is it still possible for NFTs to recover their credibility?
I am really hoping that they will recover, but I will be expecting the legit ones only. We all know there are a lot of scams in NFT or in the cryptocurrency market itself. So for me, the NFT market is one of the best hype during the last bull market and they are also devastated by the bear market. Just like any other cryptocurrency project on every bear market, only the legit remains and will continue. |
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(....)
When it comes to Bitcoin, we all know there are risks attached to it. In fact, whatever thing you decide to do, be it good, bad, beneficial, or not, there are risks attached to it and it makes the future of whatever we are doing to be uncertain. Now the question or the main deal is, do we need to wait for fear of regretting to be our push towards doing certain things?
I don't think so. There is no right answer here because we all know how Bitcoin is really unpredictable especially when it comes to investment. For me, the best thing is to learn Bitcoin itself, like how it works, how you can use it, and what are positive/negative impacts while using or owning it. Research and learn because just incase you decide to invest later on, it will help you. |
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