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Author Topic: where do you get your predictions?  (Read 3094 times)
cheezcarls
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April 22, 2018, 01:20:23 PM
 #341

hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?

Predictions are usually coming from my own instincts. If I feel that it is a good time to buy, I would usually buy because that is my own decision. The same thing goes when I want to sell based on my own predictions. Analysts are predicting based on their own instincts as well, but yet again, the market is so unpredictable.

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April 22, 2018, 03:18:34 PM
 #342

I mostly get my predictions from the market price movement
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April 22, 2018, 03:21:45 PM
 #343

hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?

Trading is very risky, you can't predict the market. Don't trade if you just predict, you should learn the basics of trading. You should have a reason, why are you buying that coin, you should know also some technical analysis on reading charts, it may help you.
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April 22, 2018, 03:42:52 PM
 #344

My Daily routine

1. Make a watch list of coins. Spend some time, read about popular and new coins. Make your mind, which of them could have a place in future. On most exchanges, you could mark coins as favorite. You can make a watchlist on Tradingview; it is free and great service, I use it by myself.

2. Subscribe on twitter/reddit/bitcointalk to the chosen coins to keep abreast of the latest news.

3. At the beginning of each day, I look for the growth leaders and leaders by volume. Reading most recent news on each growth leader coin and draw technical analyzes.

4. I look for the trend continuation patterns and if I see one - open a buy order on the coin. Trying to get 2-5% from the trade.
It would be great to find some tool that will work as a trailing stop for the orders. Still, did not find anything simple and cheap Smiley
If you know something - I'll appreciate it.


Of course, you could find a Telegram channel, which will do all the routine for you.
I am subscribed on the https://t.me/destination_moon_signals; it seems that they are doing something similar to my routine. The channel is free. There is a commercial version too, but I do not use it.
Nonetheless, I prefer to do an analyze by myself. Channel is a third-party opinion which could be helpful sometimes.  Grin



it will take time to study at least the different kinds of coins and technologies, and to ensure that you update.
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April 22, 2018, 03:53:32 PM
 #345

I mostly look at the charts and if a big drawdown then you can buy a coin, also the big part is the news

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April 22, 2018, 04:07:45 PM
 #346

Forums related to cryptocurrency, YouTube bloggers. The main thing is to find a source that will be profitable for a long time, and such sources of information is not enough.
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April 22, 2018, 08:21:58 PM
 #347

I get all my predictions from my friends and myself, i specially didn't trust experts because if they're truely experts they already get rich in this market and in reality they're not and they're giving the predictions to us? Really ?
That doesn't make sense at all, so trust yourself only because you will give yourself the best things not like others.
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April 22, 2018, 08:28:18 PM
 #348

hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?
people makes there own research then they predict.Expert traders predict by researching Graph. Many people give predict from news.You can predict market if you make your own research but you need more experience also need to read there update and roadmaps
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April 22, 2018, 09:30:10 PM
 #349

Everytime i trade, i don't based it on my predictions but i based it on the announcements that i see on some telegram channels where they are discuss what coin will be pump or dump.
This is insane if you follow those groups, they are extremely full of shit. Mostly these groups are owned by some group of investors and they create a small pump whose span is really short that you can't sell your coins during that time and end up losing instead of profit.
I will advice you to learn the market and make your own decisions instead of relying on these type of pump announcement groups.
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April 22, 2018, 09:50:33 PM
 #350

hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?

I get my predictions through monitoring the price of bitcoin. I see then that bitcoin will rise up soon. Everybody's is waiting for the pump and we all know that high volatility of bitcoin is the most important thing to receive.
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April 22, 2018, 10:28:00 PM
 #351

Well, I do make my own analysis based on the news that I research or heard about. I have sites in which I used to confirm rumors and whereabouts. Technically speaking, I do use tradingview to read trends along with it is tha I do study the crypto that I would like to engage with. I normally don't based my decisions on what other said, I'd prefer that it would based on my own information in hand.
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April 23, 2018, 07:32:05 AM
 #352

hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?
I got it from the channel telegram and some of my analytical techniques.
Looking at the charts and previous prices are also needed because with it we can know the highest price of a coin in a certain period.

Try to learn Bollinger Band then you can know at what price and when you should buy or sell your coin.
In my honest opinion, the best way to make predictions is to look at the predictions of crypto experts and go with the one having more logic's and support. That way a person understands the market better. Reading charts and looking at the stats is somehow cumbersome. Besides, the predictions are always on the mark, never wrong or at least not so far. Easy way to do the job.
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April 23, 2018, 08:19:32 AM
 #353

Sometimes, I really just trust my instincts and make a risk like if I see that this altcoin has upcoming few announcements. News are the best way to predict if it will rise or not but it  still depends in the community and the coin itself.
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April 24, 2018, 07:53:56 PM
 #354

I mostly look at the charts and if a big drawdown then you can buy a coin, also the big part is the news

Technical analysis is the coolest thing, but it works only for those, who can do it without any mistakes. As for me, I never trust one, two or even 3 sources of information. I try to collect all news and come to my personal conclusions.
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April 24, 2018, 08:05:20 PM
 #355

There are plenty of Discord/Telegram signal groups out there to join for cryptocurrency prediction. Cryptocurrency prices are hard to predict, and most of the time the prediction went inaccurate sometimes a few predictions can go right that doesn't mean you should follow that Group/Channel blindly.
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April 24, 2018, 08:41:44 PM
 #356

There are plenty of Discord/Telegram signal groups out there to join for cryptocurrency prediction. Cryptocurrency prices are hard to predict, and most of the time the prediction went inaccurate sometimes a few predictions can go right that doesn't mean you should follow that Group/Channel blindly.
I also became convinced that the groups in Telegram speak eloquently about the prospects of projects. If there are very few participants, then I immediately make negative conclusions about the company.
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April 24, 2018, 09:39:08 PM
 #357

You have to make your own careful research to get the most exact predictions about any crypto currency chart. Persoanlly I am using many sources, mainly bitcointalk forum of course, but also I check the news in some social media like Twitter and Telegram, and I check the charts in CoinMarketCap too.
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April 24, 2018, 10:39:40 PM
 #358

I do trading sometimes, Usually when there is bull run then that's the best time to join trading, Predictions are risky because you don't even know if its going to happen or not, Your putting your capital at risk, Mostly I get info from telegram, bitcointalk and group chat,

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April 24, 2018, 11:16:25 PM
 #359

hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?

I usually check the chart the present price and the previous one,  sometimes my predictions are correct but for some instances like news and other information the price becomes more unpredictable the chart information becomes useless. Bitcoin and altcoin price is very unpredictable, we cannot predict the future price.

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April 25, 2018, 11:02:54 AM
 #360

hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?
I got it from the channel telegram and some of my analytical techniques.
Looking at the charts and previous prices are also needed because with it we can know the highest price of a coin in a certain period.

Try to learn Bollinger Band then you can know at what price and when you should buy or sell your coin.
In my honest opinion, the best way to make predictions is to look at the predictions of crypto experts and go with the one having more logic's and support. That way a person understands the market better. Reading charts and looking at the stats is somehow cumbersome. Besides, the predictions are always on the mark, never wrong or at least not so far. Easy way to do the job.
I will suggest you never believe on prediction about bitcoin price because all the prediction in the previous year was false and no prediction became true. The best option to make money in bitcoin or any other Altcoin is to buy and hold for some time. The price is increasing gradually and when you realize that now it is time to sell you can sell then and collect your profit.

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