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seyola89
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June 15, 2018, 09:43:56 PM |
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Technical analysis has not been working well so far in this bearish season. Even the so called paid trading signals group are feeling the heat. Trading for short term gains during this period is more of gambling and can lose money quickly. It's better to suspend trading for now and enjoy other things in your life.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Bonheur
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June 15, 2018, 09:52:44 PM |
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technical analysis are good if you are trading anything else but I don't believe they are very believable when it is about this market.Yes they make good calls sometimes but when they don't there is trouble.
I believe research about the coin-token is more trustable than charts.charts don't always apply to this market, they sometimes do.
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DaryaDancova
Newbie
 Offline
Activity: 119
Merit: 0
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June 15, 2018, 10:05:53 PM |
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Trade in any financial markets following only your intuition will not bring you good. You must take into account both technical and fundamental analysis, as well as consider the development strategy of altcoin.
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bling-bling
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June 15, 2018, 10:35:36 PM |
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It is always better to base our trading decisions from actual facts rather than hunches or guesses. Traders should learn to check past performances from graphs or trading boards. History is a concrete source which shows trends and patterns that traders can use as a guide. Therefore, technical analysis is more reliable than intuition.
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Victorycoin
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June 15, 2018, 10:37:22 PM |
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Do not fall for one technical analysis. First of all, we need to look at the fundamental analysis and how the project is developed and draw the appropriate conclusions.
How are you going to apply fundamental analysis to bitcoin? Or to any other coin for that matter. Fundamental analysis uses revenues, earnings, future growth, return on equity, profit margins, and other data to determine a company's underlying value and potential for future growth, most of it cannot be applied to cryptocurrencies since most of them are not even companies or businesses. Fundamentals actually points at news in the ecosystem. Those of high priority would of course impact on the market much more than new of low priority. You can cast your mind back on the price of Bitcoin have had to crash twice after PBoC came up with news of the ban of Bitcoin and ICOs and why the adoption of Bitcoin by retail giant like Amazon can send the price of Bitcoin rallying to the top again. Technical analysis is like a light in the dark, it shines and points the right ways, following which destinations are attained. |
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tyronecoinbit
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June 15, 2018, 10:43:56 PM |
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It is always better to base our trading decisions from actual facts rather than hunches or guesses. Traders should learn to check past performances from graphs or trading boards. History is a concrete source which shows trends and patterns that traders can use as a guide. Therefore, technical analysis is more reliable than intuition.
Yeah, your right buddy. Actually, we learned from our previous performance as we experience the different.scenarios during trading process. Also, we need to be patience and wait the right time as we want a great amount of return in the future. I believe someday this red days will turns to green as we want a profit. |
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Bardman
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June 20, 2018, 10:04:43 PM |
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Do not fall for one technical analysis. First of all, we need to look at the fundamental analysis and how the project is developed and draw the appropriate conclusions.
How are you going to apply fundamental analysis to bitcoin? Or to any other coin for that matter. Fundamental analysis uses revenues, earnings, future growth, return on equity, profit margins, and other data to determine a company's underlying value and potential for future growth, most of it cannot be applied to cryptocurrencies since most of them are not even companies or businesses. Fundamentals actually points at news in the ecosystem. Those of high priority would of course impact on the market much more than new of low priority. You can cast your mind back on the price of Bitcoin have had to crash twice after PBoC came up with news of the ban of Bitcoin and ICOs and why the adoption of Bitcoin by retail giant like Amazon can send the price of Bitcoin rallying to the top again. Technical analysis is like a light in the dark, it shines and points the right ways, following which destinations are attained. You are basically saying that fundamental analysis is just looking at news, that's really not it. There is so much more to it, anyone can look at positive or negative news and react. What happens when there are no news but the price is tanking? Or reverse? |
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SeanWayne
Jr. Member
Offline
Activity: 94
Merit: 7
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June 20, 2018, 11:09:12 PM |
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In such a bearish market, are you making your trading moves by technical analysis or just follow your heart and believe some coin will start to bounce back hardly or something else?
I really do a technical moves on bearish market, some traders really do the same technicals the volume is to low on bearish market and pretty good to trade some coins. if there will be a major bull market you should hodl and sell them on exchanges and never ever swing trade. |
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hameshsmith
Newbie
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Activity: 70
Merit: 0
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June 21, 2018, 03:47:32 PM |
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It kind like to digging you own grave yard if you do it only by intuition. The markets doesn't work like that, you are able to do a prediction or forecasting the next trend. Learn more about trading skills, even you need to learn how to overcome your emotional when trading.
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Malbaunti
Member
Offline
Activity: 189
Merit: 10
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June 21, 2018, 06:40:58 PM |
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To trade need intuition, which comes only if you watch the market for years.. Fundamental and technical analysis only help, but do not give 100% guarantee in making a profit.
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Bardman
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June 21, 2018, 08:25:48 PM |
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To trade need intuition, which comes only if you watch the market for years.. Fundamental and technical analysis only help, but do not give 100% guarantee in making a profit.
Intuition is nothing more than just knowing how to act without having to think about it but it's essentially technical analysis, once you learn and practice TA for years you will be able to trade using your ''intuition'' which again is nothing more than just what you learned but without having to think about it. |
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Coltpython
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June 21, 2018, 08:27:12 PM |
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In such a bearish market, are you making your trading moves by technical analysis or just follow your heart and believe some coin will start to bounce back hardly or something else?
Unless you were born under a lucky star, following your heart to trade in this bearish period is suicide. I tried some technical analysis but most were failing. The best way to trade during this period is by using bot traders but even that is not fool-proof as you can still get rekt since the market is bearish. Best to avoid trading generally during this period. |
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annajewel100
Newbie
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Activity: 90
Merit: 0
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June 22, 2018, 10:04:29 AM |
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I analyze certain coins and not the market as a whole, because I hold in the long run only two coins that are relatively stable, but now I can not be sure of anything
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Ethan Becker
Newbie
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Activity: 142
Merit: 0
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June 22, 2018, 12:20:20 PM |
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Technical analysis bad for crypto market now. Techincal analysis does not work well, because crypto market is immature. Use fundamental analysis for crypto and you will win. Bad and good news are more important than figures on the charts (for crypto, ofc).
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shone08
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June 22, 2018, 12:24:52 PM |
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Technical analysis bad for crypto market now. Techincal analysis does not work well, because crypto market is immature. Use fundamental analysis for crypto and you will win. Bad and good news are more important than figures on the charts (for crypto, ofc).
I dont think so it always better to do a technical analysis to see what move you can do in this situation I always analyze the market before doing any move in this bearish situation, but sometimes your instict can give you a good return and take note using an indicator can help you to decide if this is the best time to buy or sell. |
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Nivelir
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June 22, 2018, 12:32:44 PM |
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Very often I notice a situation when people do not understand what technical analysis is and very often they work only with intuition, if it can be called a job at all, because in such cases I generally remember casinos and very often the situations are really similar.
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jassanpary
Full Member
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Activity: 420
Merit: 102
Arianee:Smart-link Connecting Owners,Assets,Brands
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June 22, 2018, 12:41:24 PM |
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I analyze certain coins and not the market as a whole, because I hold in the long run only two coins that are relatively stable, but now I can not be sure of anything
For trading technical analysis is very important, no one buys coins blindly, before investing they will analyze like history of the coin, price, profit,loss and other parameters. Investing on intuition is only on few coins is ok like bitcoin and other well established coins. |
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RXKING
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June 28, 2018, 07:46:02 AM |
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I use technical analysis all the time and even if the market is bullish I'm doing technical analysis plus some fundamentals so I will be sure that my trade will not be that difficult for me, because I know and I estimate the possibility of market movement.
Most people who lose a lot of money are those who do not use technical analysis. That's why it's needed in every trade you do. Technical and fundamental analysis will give you a hint or idea of when to enter and exit the market or trade, which is why technical experts always know what will happen to the market.
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alaska2930
Newbie
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Activity: 98
Merit: 0
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June 28, 2018, 04:02:43 PM |
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Intuition and Technical analysis are great partner, you may find great profit if you combine both. I haven't say that I am very good in trading, what I could say, both capabilities are the requirements and has high significance on this field.
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Bardman
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June 28, 2018, 09:37:47 PM |
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I use technical analysis all the time and even if the market is bullish I'm doing technical analysis plus some fundamentals so I will be sure that my trade will not be that difficult for me, because I know and I estimate the possibility of market movement.
Most people who lose a lot of money are those who do not use technical analysis. That's why it's needed in every trade you do. Technical and fundamental analysis will give you a hint or idea of when to enter and exit the market or trade, which is why technical experts always know what will happen to the market.
What fundamentals? Fundamental analysis is really hard to apply to cryptos, what metrics do you use? You don't have earnings, you don't have any of the traditional stuff, fundamental analysis it's too new to be applied correctly when it comes to cryptocurrencies. |
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