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Author Topic: Technical analysis won't help you find the next 100x  (Read 319 times)
jcpone
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July 21, 2020, 02:06:34 AM
 #21

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.

In some other way TA could give actually a bit help for each traders, and 100x profit at this of time will be hard to find as well.
unless if this year is 2017 where bull run happened to most of the altcoins in the market. Just like what happened to ETH, Xem,
Dgb, and more something like that.
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July 21, 2020, 06:11:58 AM
 #22

We can predict if it will gonna go bull run or bear but will not probably see of it will pump 100x. TA's are helpful to analyze future price movements and I don't really understand why do wr have to find that 100x. Isn't we just good if it will go bull at this target price or not?
 As long as we tend to gain profits by the use of technical analysis, whether it will go 2x, 10, 20x as long as we get some gains then we are good.
 
 Not yet familiar with macro indicators but if it's beneficial to my trades then I am willing to learn that kind of indicator.
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July 21, 2020, 06:44:40 AM
 #23

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
You mean doing trading charts is a waste of time? Sometime it help but I agree that we must look on the token value and its potential on a large scale. Entry point is the hardest one to find and locating a bottom price would be tough skill for everyone.

Like for example sxp token or swipe, nobody know it could go 4x in just few days. I think TA cant explain this via chart reference. Only hype and possible fomoing makes it to that level, in addition that it is CZ allied project.

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July 21, 2020, 06:58:44 AM
 #24

We can predict if it will gonna go bull run or bear but will not probably see of it will pump 100x. TA's are helpful to analyze future price movements and I don't really understand why do wr have to find that 100x. Isn't we just good if it will go bull at this target price or not?
 As long as we tend to gain profits by the use of technical analysis, whether it will go 2x, 10, 20x as long as we get some gains then we are good.
 
 Not yet familiar with macro indicators but if it's beneficial to my trades then I am willing to learn that kind of indicator.
That's so true lol! Finding the next coins which will 100x is impossible and why do we have to do that anyway? Is that too greedy? As a trader, I consider technical analysis seriously because it can partly give us the hints about what the market gonna be. It's wrong to say TA's aren't helpful. TA is like a calculator in a Math class, it can't give you the answer, but help you find the right one! Therefore, traders, please learn how to do it!

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July 21, 2020, 09:38:39 AM
 #25

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.

In some other way TA could give actually a bit help for each traders, and 100x profit at this of time will be hard to find as well.
unless if this year is 2017 where bull run happened to most of the altcoins in the market. Just like what happened to ETH, Xem,
Dgb, and more something like that.
I agree! However, TA not only gives a "bit" help, but it is critical in analyzing the market. Doing technical analysis is one of the most important steps in order to make a decision for trading or investing. I don't understand why a lot of people don't take it seriously. Besides, finding 100x potential project is almost impossible right now. In my opinion, there is no particular way for you to find it for sure! Then don't blame TA for not helping you find your dream coin!

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July 21, 2020, 09:47:48 AM
 #26

I think that in cryptocurrency only fundamental analysis or insider information can tell which coin will fly to the moon. technical analysis can only work on very large coins from the top 50






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July 21, 2020, 09:51:53 AM
 #27

I think that in cryptocurrency only fundamental analysis or insider information can tell which coin will fly to the moon. technical analysis can only work on very large coins from the top 50
If with that information and altcoin going to the moon, a lot of people have become billionaires in this market. There are many factors that can help prices go up, and one of the most important ones is investors.
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July 21, 2020, 09:56:52 AM
 #28

Following analysts for predictions won't earn you anything, you pushed aside knowledge and seek for a master to follow, that's what analysts are to me, be a master of yourself and figure out why a project is better than other, this will eat away time but it will worth it in the end

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July 21, 2020, 10:10:48 AM
 #29

Technical analysis for me is just good for those position TRADERS and day to day traders and not recommendable to use if you want to find a next 100x.

TA has been used even cryptocurrency isn't been created. If TA is applicable in finding a next 100x then they must know from the start that Bitcoin will grow 100x. Nobody expected it from the start and that's the fact and same goes with ETH and other altcoins right now.

For me, there is no way or no analysis/indicator that can possibly tell which altcoin will be the next 100x.

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July 21, 2020, 12:53:30 PM
 #30

I admitted that finding the next 100x is not easy, and I think that the technical analysis will hard to find that coin because the market won't tell which coin can increase. We can only analyze one by one for the altcoin at the market so we can find the coin, but that will not guarantee to get the coin, which can increase 100x. But I think that is about the luck factor that can help us get the coin and get the next 100x.

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July 21, 2020, 01:14:57 PM
 #31

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
I'm not using TA for this purpose because I know 100x pump is just a hype and soon will fade out. I used TA to know my entry and exit point, even if I made small profit on this I'm still happy because TA really works.

News can be manipulated as well, so I don't depend on that alone. If you're a trader then TA is still advisable. Stop looking for a 100x pump, just look at the current price and see its future trend using TA but never exaggerate your prediction.
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July 21, 2020, 01:19:27 PM
 #32

Technical analysis is good for newbies who are new to crypto but 100x on a coin? That's something you shouldn't pursue as a trader, you will end up hurt yourself, do not hope for such gains and make sure you spend time learning, be satisfied with what you making

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July 21, 2020, 01:23:20 PM
 #33

Back in my day trading, I tried to get hang of it specifically with the help of those tools like Bollinger band that I learned from a tutorial.
To be honest, it never even gave me a positive net.
It is still up to the trader sometimes and people shouldn't trust their profits to a piece of code or technology.
It is still up to your own experience/learnings/rationality.
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July 21, 2020, 02:44:20 PM
 #34

I think that in cryptocurrency only fundamental analysis or insider information can tell which coin will fly to the moon. technical analysis can only work on very large coins from the top 50
The insider will never tell you about that. The fundamental is also projecting the future of crypto and it will not help you find another golden gem again. What you need to do to join into the promising ico but it will also not bring you 50x instantly too.

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July 21, 2020, 03:28:41 PM
 #35

Analysis only helps you to make profit in the short term. To be able to profit 50-100 times, you first need to hold it in the long term. Then you need to be patient and wait, in addition there will not be so many altcoins in this market, depending on your luck.
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July 21, 2020, 03:36:55 PM
 #36

For that you should be looking at macro indicators to get ahead of the news.

Hello, I am not sound in TA, but I am wondering if Macro indicators can predict the coin that will give 100X, I really doubt this, I thought such either come through Hyip or strong FA coupled with the strong team and a dedicated community. I am waiting to read more on this.
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July 21, 2020, 03:54:55 PM
 #37

Analysis only helps you to make profit in the short term. To be able to profit 50-100 times, you first need to hold it in the long term. Then you need to be patient and wait, in addition there will not be so many altcoins in this market, depending on your luck.
Technical analysis also helps in long-term investments, but you cannot rely only on technical analysis. fundamental analysis is just as important and needs to be constantly updated based on price movements

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July 21, 2020, 04:08:53 PM
 #38

Technical analysis is good for newbies who are new to crypto but 100x on a coin? That's something you shouldn't pursue as a trader, you will end up hurt yourself, do not hope for such gains and make sure you spend time learning, be satisfied with what you making

Not only traders, some investors hope for a coin that will do 100x so they may probably want to use the service technical analysis to determine which coin can achieve that, TA may be able to give a hint but to achieve that target is base on the project itself and the demand by people, the higher the demand, the higher the price.
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July 21, 2020, 04:10:50 PM
 #39

TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
Please Mr. Tell us more about that, I am ready to be reached about how to find the coin that is going to have a 100x in it's price. I bet whatever you are going to teach us is gonna be mind opening and I am ready to learn it as well.

Analysis only helps you to make profit in the short term. To be able to profit 50-100 times, you first need to hold it in the long term. Then you need to be patient and wait, in addition there will not be so many altcoins in this market, depending on your luck.
Crypto market is the one in which the prices move pretty fast i.e. it is highly volatile and for sure if you are going to hold an altcoin for long term then the chances of you becoming a millionaire are close to nil, rather you should make it there by the means of trading coins and not just holding your coins, as after 1 year or less most coins loose their entire market cap and go to zero.

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concept2
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July 21, 2020, 04:37:33 PM
 #40

You cant predict correctly with 1 coin. But if there are 10 coins to invest, you will have a higher possibility to x100. Split your capital into 10 fragments, make a full analysis on 100 coins, or even 200 coins, I can assure you that you can x10 your capital. You can get rich fast and in a easy way. If getting rich is that easy, everyone will have a bunch of money without being industrious.

Be a smart investor and some day, you might be well awarded. Putting your money mindlessly into a nonsense will make yourself at risk. And the most important things in this financial playground is money management. You cant become rich if you lose all of your money with just a shot
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