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Author Topic: How do you get your daily overview of the market??  (Read 880 times)
clover12 (OP)
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February 12, 2019, 03:52:16 PM
 #1

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??
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February 12, 2019, 08:11:17 PM
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https://coinalyze.net
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February 12, 2019, 08:44:56 PM
 #3

My routine is to learn from different sources every day.  I don't always look at the same sources. I love exploring new sites and new analysis tools but there is a very nice site that I constantly look at and learn from, but website language is Turkish, because I'm Turkish Smiley

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February 12, 2019, 09:31:59 PM
 #4

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

I do the following:

https://coinmarketcap.com

https://cointelegraph.com

https://bitcoinexchangeguide.com

https://www.ccn.com

https://coingape.com

after I see everything on those sites, I start doing other tasks of my day

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February 12, 2019, 09:32:30 PM
 #5

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

I'm first checking main coin prices (BTC,ETH,TRX) on Binance.
Then I'm reading the headlines @ CCN and CoinDesk. After that I'm checking few crypto signal group.
And finally I'm making a plan for the day - what to trade and what to skip.

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February 12, 2019, 10:12:49 PM
 #6

Like everyone, My first lookout is coinmarketcap.com... It's literally the first place I look when I wake up. Next, I check the headlines for the day. Afterwards, I'm off to Telegram where I  am part of a trading community then I hear the opinion of other traders and the headlines from news sites couple with coinmarketcap.com data. I think that gives me a feel and heads up about an overview of the market. Although this isn't fool-proof, you should give it a try.

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February 12, 2019, 11:45:32 PM
 #7

Like everyone, My first lookout is coinmarketcap.com... It's literally the first place I look when I wake up. Next, I check the headlines for the day. Afterwards, I'm off to Telegram where I  am part of a trading community then I hear the opinion of other traders and the headlines from news sites couple with coinmarketcap.com data. I think that gives me a feel and heads up about an overview of the market. Although this isn't fool-proof, you should give it a try.
Other people's opinions can influence everything, I always ignore it because their opinions sometimes don't have facts.
You have to filter out their opinions and decide your own decisions. Grin
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February 12, 2019, 11:53:49 PM
 #8

I typically go on Bitcoinwisdom (click for link) for a quick glance at how BTC and LTC are doing, and Coinmarketcap (click for link) for a glance at other alts like ETH. I've used Bitcoinwisdom for about as long as I can remember being in BTC, and the site's simple yet still functional enough with the indicators and tools offered on the site.

Tradingview (click for link) also offers charts and a basic overview for many crypto markets. I've just started using the site for its customizeability with the indices and scripts offered on the site, and it's definitely one of the top crypto charting sites out there IMO.
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February 13, 2019, 12:29:37 AM
 #9

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

It's better to visit coinmarketcap.com daily because all altcoins and tokens in that site has already been listed so you can see their exact price and condition also.
clover12 (OP)
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February 13, 2019, 05:03:00 PM
 #10

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

It's better to visit coinmarketcap.com daily because all altcoins and tokens in that site has already been listed so you can see their exact price and condition also.

I visited coinmarketcap, and Bitcoin is worth $3,627.68
immediately after that I visited Coinbase, and Bitcoin is worth $3,576

Why is there such a difference?
Is Coinmarketcap more accurate?
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February 13, 2019, 05:27:41 PM
 #11

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

It's better to visit coinmarketcap.com daily because all altcoins and tokens in that site has already been listed so you can see their exact price and condition also.

I visited coinmarketcap, and Bitcoin is worth $3,627.68
immediately after that I visited Coinbase, and Bitcoin is worth $3,576

Why is there such a difference?
Is Coinmarketcap more accurate?
Coinbase shows the price of bitcoin at an exchange where the price is maximum,but coinbases is an separate exchange so there will be a difference between in the exchanges in terms of prices and sometimes the difference will be huge,you can use that difference to make money which is called arbitrage trading.









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February 13, 2019, 05:46:26 PM
 #12

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

I usually look at blockfolio which is an application where you can see the price of different cryptocurrencies. Sometime I visit the coinmarketcap to see the full chart in some cryptocurrencies. Coinmarketcap is most reliable source if you look for the price of all cryptocurrencies.
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February 13, 2019, 11:18:57 PM
 #13

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??
I don’t look at the market everyday because of my busy work and I don’t trade much, but if you do day trading i think looking at the exchanges/market everyday is a must, just don’t forget to eat your breakfast because it can give you enough energy for the rest of the day.
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February 13, 2019, 11:27:25 PM
 #14

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

You mean you will look at the price and you should "sense" the direction of where it will go?

Just a simple checking is not enough for a quick overview. So better stick with the daily price monitoring and just speculate later on if you now have a time.

You might want to used Bitcoin Ticker Widget on your mobile phone. Features? Just check it out.

For other altcoins, I suggest Blockfolio.

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February 13, 2019, 11:43:51 PM
 #15

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??
Sentimental analyse is my favorite one after turning on my pc. After opening trading platform and checking last positions i look for closed trades. I personally check multiple forums for having idea about latest updates. For reading last news i mainly prefer forexlive,coinnews etc.
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February 14, 2019, 09:48:15 AM
 #16

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??

I need a candlestick chart to visualize the price action. This way I can see bullish and bearish trade setups and where price is compared to support/resistance levels and moving averages. I can also look at volume and various other indicators this way.

Check out Tradingview for some great free charting tools. The first and second tier paid versions are pretty good value as well (particularly for the volume profile tool), and are payable in BTC.

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February 14, 2019, 12:27:12 PM
 #17

For daily update about the market im just waiting for notification  on this site news.bitcoin.com , but im not totally relying on it 'cause sometimes they miss an important news. So i preferred to make a technical analysis here to assure I'm still updated whatever happens to the market.
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February 14, 2019, 12:29:15 PM
 #18

Every people have their own way to get their daily overview.
Personally I have local exchange so I can easily maintain the chart every time I need.

The chart also pack with the indicator + local language !

Smiley
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February 14, 2019, 03:33:32 PM
 #19

In the morning i am just quick looking at Coinbase prices for Bitcoin.  Is there another better way to get a feel for what direction everything is going for starting the rest of the day??
it depends on what is the investment that we are made in this market if you are investing in Bitcoin you will need to check the Bitcoin price every time but if you are invested in other currencies there are lots of ways are available to check the current state and situation of your investment.

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February 14, 2019, 04:20:25 PM
 #20

I think this is the sign that most people are too impatient of the situation at the market right now especially if you see such drops every week though it manages to bounce back a little bit but not too much. It's just a manipulation to prevent Bitcoin market from sinking again. And this is what they called a bull trap.

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