Advice on trends

[Xinarae*]

It's better to just follow our hearts than you are doubtful especially about investment money, everyone must also be careful and understand more about investment, don't just follow the trend.

Following your heart won't be right, mate, because sometimes your own guess can be wrong, so apart from following your heart, it's also a good idea to look for a few references from others so you can be very complete and confident.

Most traders assume that a trend is simply consisting of highs and lows but that’s not enough because the trends aren’t created evenly some breakouts are good to trade, and some pullbacks are to be traded here self confidence is most effective. You have to learn by using your own intellect without relying on others the risk will be less.

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[manok jepang]

as long as we can read the situation and are full of vigilance I think there is nothing wrong if you want to follow the trend, because it can lead to big profits but if you take the wrong step then you will feel big losses later, I think following the trend it's like playing with fire, if we are careless then the fire will burn our own body,

[Sayeds56]

I think there's nothing wrong with following the trend as long as we can be really careful,
everyone needs to make their own decisions and take responsibility,
Trends can generate profits and losses, it's just a matter of how we manage it well

There is no need for management to see and understand a trend in cryptocurrency, because those who enter the trend quickly will always win and bring a lot of profit, while those who are late in using it will always lose and always lose without getting any profit.

Well said. Those who follow the trend are mostly successful in generating profit from trading  because trend is your friend. It is also important to identify the tend properly whether the trend is short term, long term of it is bull or bear trap. This requires good knowledge about Technical Indicators and technical skills to use them to take entry and exit at right time.

[MFahad]

Litecoin and Eth work with Bitcoin price. Bitcoin up and Down has very great impact on both coins. I realize from some weeks that Bitcoin price moving up from Sunday to Thursday and friday and Saturday bitcoin price moving down. I enter in sund and exit on Saturday.
Its more profitable than holding for me

[Wahyuihib]

Cryptocurrency trading is always up and down. because everything depends on the demand that occurs in the market. if buyers increase to want a certain coin, then the price of the coin will go up... and vice versa mate..

[bakasabo]

Is there a huge demand on Metaversa or play to earn games right now? Or devs are see easy money in it and print projects one by one? To me they look like a new level of scam - selling and idea with bunch of pictures; trying to raise money on a project nobody would continue developing after end of sales. Gamers are not really seeking p2e games, they prefer AAA regular games still. p2e games are interested only for those who want to substitute their job with earning from playing. But I find little joy and fun in such game. They are all "do same actions and get paid", similar to a regular job.

[Furious 7]

Actually, trends do not have to be used in trading and we must have a special strategy in order to get maximum results, if we have a trend in predicting the price of coins then every time we make a trade we certainly get profits but this does not always happen as we expect, if investing daily of course at all times we have to monitor the state of the market and choose coins that do have the potential to increase at that time.

I think when we invest of course this is different from trading because their duration is longer than trades and I don't think there is a need to check every day when we talk about Investments because indeed we have targeted how long we will invest and checking every day this will only make our hearts happy you get shaky.
It's a different story if we trade because we do it for the short term so it's very natural to check every day so that we don't lose momentum

[justdimin]

I think when we invest of course this is different from trading because their duration is longer than trades and I don't think there is a need to check every day when we talk about Investments because indeed we have targeted how long we will invest and checking every day this will only make our hearts happy you get shaky.
It's a different story if we trade because we do it for the short term so it's very natural to check every day so that we don't lose momentum

You can still check the prices if you are in long term holding mode. I do not think that I would see myself selling in the next decade, probably going to be in 203x years before I want to sell, obviously if something horrible happens and I need to cash out then I will cash out but until that moment I will probably keep it this way. In that situation, I am still checking every day, why? Because I like crypto, I like to be in the know and I want to know what happens when prices crash or when prices soar.

It didn't really make me super happy when it reached 68k+ levels, it didn't scare me when it went to under 35k levels neither, I just felt nothing at all. I mean sure a bit happy and a bit sad, but no more than like 2 seconds. So at the end of the day, it is not to make decisions, it is just to make sure that I am aware of what is going on in the market.

[MCobian]

as long as we can read the situation and are full of vigilance I think there is nothing wrong if you want to follow the trend, because it can lead to big profits but if you take the wrong step then you will feel big losses later, I think following the trend it's like playing with fire, if we are careless then the fire will burn our own body,

Investing according to trends can be risky but highly profitable. If you have invested in something that is starting to trend, you will not lose money, you will definitely see a good price increase. But if you are investing in something that has been talked about for a long time, you should know that it will fall from the trend. And in this case, you can lose a lot of value, and you can lose your money

We must always follow trends, so that we are not left behind. Moreover, the new trend does provide an opportunity to generate large profits,
most importantly we can do research and analysis well, it helps us to avoid making wrong decisions. The crypto world usually has new trends
that appear every year, like now metaverse and NFT are hype and become new trends. So we should not only be spectators by only paying attention
to new trends, we should also get involved and earn profits. Actually as long as we are careful and do good planning by studying new trends that
have emerged, then following the trend is a good thing and can give us profit.

[Oilacris]

We must always follow trends, so that we are not left behind. Moreover, the new trend does provide an opportunity to generate large profits,
most importantly we can do research and analysis well, it helps us to avoid making wrong decisions. The crypto world usually has new trends
that appear every year, like now metaverse and NFT are hype and become new trends. So we should not only be spectators by only paying attention
to new trends, we should also get involved and earn profits. Actually as long as we are careful and do good planning by studying new trends that
have emerged, then following the trend is a good thing and can give us profit.

Ofcourse we must follow trends, i said it too. But investing in something just because it's trending is pretty wrong. We know that there is a huge trend in metaverse and nft right now, but has anyone been able to make good profits with these in the last two months? People who invested in the Metaverse lost half of their money because they were actually late. Considering it as a long-term investment, of course, they will not lose, but they are not very happy at the moment

You would really be needing to follow the trend but doesnt mean that you should really make yourself that too careless on choosing on which one you should engage on.

Of course you would need to make out some research before making any such step because we are talking some investment which simply means you are risking your money.
Just deal on it and be careful.Dont remove that risk management of yours because it would really be useful from time to time.

[Pamadar]

Investing according to trends can be risky but highly profitable. If you have invested in something that is starting to trend, you will not lose money, you will definitely see a good price increase. But if you are investing in something that has been talked about for a long time, you should know that it will fall from the trend. And in this case, you can lose a lot of value, and you can lose your money

The point is to be able to take advantage of the trend and the right time to start investing, because in any investment there are two decisions that investors can make, the first is to buy when the decline occurs and hold it for the long term and the second is to buy at the time of the initial launch of the coin. or a specific token and hold it for a short term.

Both depend on how you project the market, it's true that in anyhow these two decision making can be profitable.

If the timing is right and you fully understand the risk behind your decision,
taking advantage of having good knowledge can provide decent benefits.

If you are aiming for a good outcome, it's best to invest with your knowledge.
time-consuming, but the chance of having good success will increase.