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Author Topic: TREND is our Friend  (Read 662 times)
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February 18, 2019, 02:37:09 PM
 #41

Looking at the data most of the time trends are just getting shorter and shorter with time, we should not forget about that. Look at the time when we were at around 6 thousand dollars and 8 thousand dollars last summer, price moved between 6 and 8, than 6 and 7.4, than 6 and 7.2, than 6.5 and 6.8 and than it moved down. When prices get shorter trends that way they tend to move. After that we now have price that was between 3.2 and 4.2, than 3.4 and 4, than 3.4 and 3.6 now.

It means unless price goes down the only way is up and its coming very soon, so when you are following trends like it is suggested know that price will not always move between same trend numbers and will have a shorter movement after a while and than it will do some big move as well. Take that into consideration when doing trend trading.
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February 18, 2019, 06:03:37 PM
 #42

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
I see there is something will be developed and being and Trend in each and every year of cryptocurrency field and it also been an important things to develop and take the cryptocurrency to all over the world so trending is more important for anything special in cryptocurrency it will most useful.

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February 18, 2019, 06:55:45 PM
 #43

the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups

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February 18, 2019, 06:59:49 PM
 #44

Looking at the data most of the time trends are just getting shorter and shorter with time, we should not forget about that. Look at the time when we were at around 6 thousand dollars and 8 thousand dollars last summer, price moved between 6 and 8, than 6 and 7.4, than 6 and 7.2, than 6.5 and 6.8 and than it moved down. When prices get shorter trends that way they tend to move. After that we now have price that was between 3.2 and 4.2, than 3.4 and 4, than 3.4 and 3.6 now.

It means unless price goes down the only way is up and its coming very soon, so when you are following trends like it is suggested know that price will not always move between same trend numbers and will have a shorter movement after a while and than it will do some big move as well. Take that into consideration when doing trend trading.
If there is trend then it is meaningless to talk about how get profit from market regarding the idea trend is trader's friend. The more downside pressure increases more panic selling happens and every dip is big opportunity for experienced trader. Just with right strategy it is possible to take advantage of bear trend with short selling on leveraged trading platforms like Bitmex,LCG. Idea is to join trend no matter which direction trend is headed.

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February 18, 2019, 08:06:17 PM
 #45

There are as many styles of trading as many traders and each of them can become profitable but not all at the same time.
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February 18, 2019, 09:22:08 PM
 #46

It takes a lot of patience and this mostly could work on newbies.
Old time traders expect a lot of profit in a couple of days but not newbies. Even just for a dollar it might be enough just so they could feel happy that they made a successful trade.

It is a slow market. It is difficult to gain a few bucks from the movements. You will need a larger capital to enhance the profit. I stopped for now, it is getting boring.  Grin
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February 18, 2019, 09:32:01 PM
Merited by Distinctin (2)
 #47


Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading.

Is this in general or just what you think? No way all traders have a mindset like that. That's why called "traders".

Always apply the buying low and selling high.

You can't just say easily to apply buy low sell high in trades. It's easier said than done. You can't just determined that a certain price is the buying rate or selling rate. Plus the factor also that different coins have different price behaviour. What people should do is to have a regular checking of a certain's coin volume in order to have a wild analyzation that a certain price "can be consider" as buying or selling rate.

Patience does matter. Building trading experienced is the key.

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February 19, 2019, 03:07:17 AM
 #48

the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
I do agree, Our market situation right now is not ideal for beginner to make profit even small profit. So how would they benefit the market? they often asks this, what i can say is that conduct researches with the alternative investments right now, don't stick with crypto-trading because as i have said its not their ideal environment as of these days.

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February 19, 2019, 02:10:26 PM
 #49



Always apply the buying low and selling high.

You can't just say easily to apply buy low sell high in trades. It's easier said than done. You can't just determined that a certain price is the buying rate or selling rate. Plus the factor also that different coins have different price behaviour. What people should do is to have a regular checking of a certain's coin volume in order to have a wild analyzation that a certain price "can be consider" as buying or selling rate.

Patience does matter. Building trading experienced is the key.
I supported what you said in terms of building trading experience because the crypto market always drift and the analysis which work perfect last year might be useless this year and crypto market is far than buying low selling high because this was the exact thing most newbies trade believed which lead to their losses.

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February 19, 2019, 02:48:52 PM
 #50

the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
No matter what the trends are, if those newbies are not working well they will still lose. Its easy to understand the trend, it can help a lot of trader but you must know the action on what’s next after knowing the trend, whether you sell or buy more. Treat the trend as your guide and not as a threat.

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February 20, 2019, 11:45:15 AM
 #51

For beginner trader is difficult to predict the trend, but i suggest is better to trade in crypto market by looking in to historycal the price of old coin like BTC, LTC, XRP, DASH. So by to see it we can predict the next trend. Since crypto market born, there are always bullish and bearish changed. So for now after long bearish, we can predict the next trend is bullish so its times to buy some.coin that has strong fundamental.

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February 20, 2019, 11:56:43 AM
 #52

Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
My point exactly, you don't need a bull run to make profit in crypto, the market price go up and down all of the time, imagine you bought 1 btc at 3500, the next minute it becomes $3600, you dump knowing that the price will drop down in a bit so you can make purchase average.

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February 20, 2019, 12:41:03 PM
 #53

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

sure, trading is not the same as holding.
holding is too simple.

trading takes more nerves =)

there are several rules which will make your trading successfull:
1. create a trading plan
how much are you planning to gain for a certain period of time
what instrument to trade

2. ready to face losses
and set a certain level of loss which you are ready to face while trading

3. analyze the market, use technical analysis (support&resistance levels, ichimoku, etc)
and read analytical reports - at least 3 sources

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February 20, 2019, 04:55:26 PM
 #54

It's way easier to profit from trading if you are in a bull market, but yeah it's true that still you can make money in a bear market, but the problem with bear markets is low market cap and lower volatility , I remember the time that bitcoin had a 500-800 usd change every couple days at the very least and look at the chart now, btc is stuck in 3.5k range for quite a while now...
That is not true, traders love bear markets because the price moves even faster so the opportunities to make profits when the market is crashing are very high, just look at all the time it took for the bull market to develop, it took us a full year for bitcoin to reach the price of 20000 but when the price went down it did it at an amazing speed, if you were shorting the market at that point you could have earned a fortune, but for many people it is difficult to think in that way.

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February 21, 2019, 04:49:01 AM
 #55

the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
I do agree, Our market situation right now is not ideal for beginner to make profit even small profit. So how would they benefit the market? they often asks this, what i can say is that conduct researches with the alternative investments right now, don't stick with crypto-trading because as i have said its not their ideal environment as of these days.
Every person has their own thinking but to me I think that the current time is the best time for the new investors. We can see that in current time the market is trading too much stable and smooth, there isn’t  so much ups and down in the market and therefore they can at least get some experience.

Its good if we can encourage new investors to inter in the world of crypto currencies. I think that in current time market need so much support by attracting more and more new investors which can give a good support to the market.
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February 21, 2019, 05:35:00 AM
 #56

Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
My point exactly, you don't need a bull run to make profit in crypto, the market price go up and down all of the time, imagine you bought 1 btc at 3500, the next minute it becomes $3600, you dump knowing that the price will drop down in a bit so you can make purchase average.
But most traders would love to see a bull run, day traders can be profitable with just a small jump of price but most of us would like big ROI.
We've seen some successful early adopters therefore we also want crypto to change our life and the reason why we are holding and risking our money here.
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February 21, 2019, 10:07:12 AM
 #57

So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.

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February 21, 2019, 01:34:08 PM
 #58

So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.

week is too small time to form a trend. it's 2-4-8 weeks matter.
other things is scalping
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February 21, 2019, 04:17:31 PM
 #59

So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.

week is too small time to form a trend. it's 2-4-8 weeks matter.
other things is scalping

It can even be longer than that dude. And some trends aren't following historic movements anymore. But it's always something that traders can look into for ta's. Makes setting positions a little bit easier.

 
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February 23, 2019, 10:06:41 AM
 #60

So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.

week is too small time to form a trend. it's 2-4-8 weeks matter.
other things is scalping

Trend varies from a day to week to month etc. When looking for a trend we should analysis hourly, daily and weekly trend and apply certain formulas on it which can give you much better idea of the next move of bitcoin or altcoins. However, you should remember that crypto does not completely move with respect to trend as sometimes it is manipulated by whales and also news have a big factor in determining the future price predictions of the coins.
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