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Author Topic: How much can you predict this sh*t?! Or is it pure gamble?  (Read 675 times)
karungbitcoin
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May 22, 2021, 04:07:32 AM
 #81

Trading will be not gamble if we did it with knowledge and patience. On the any market, there are always 2 trend, that is bearish and bullish. We can predict it when that trend start and when will end from the history of the market. From my analysis, the trend of bullish market will happening for every 3-4 year. If we look closely, the history of crypto market, we can see 3 time of Bitcoin bull run and then turn in to bearish. I think for the dumped of currently market will end and bounce back later because this market still on bullish period.

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Ararbermas
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May 22, 2021, 06:28:53 AM
 #82

From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?
if you really updated on the project where you make an investment then for sure you can prevent such scenario. Indeed most of the reason that can really affect the project nowadays is from social media.. If you used to visit the social media using some related content about the project or making research then you're smart investor, what i mean every day you always have an information such what's the situation of the project and etc just to prevent such scenario in my opinion.
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May 23, 2021, 09:27:23 AM
 #83

The value of bitcoin or any altcoin is based on supply and demand, there are also some ways to identify if the value of bitcoin would go down or go up based on technical analysis, there are so many indicators that will tell if the value may go down or up, but there is no way for us to identify the accurate value of bitcoin for the next minute or hour. Do not compare gambling to trading as both things are different, yes both are similar in terms of the risk but you need to have a lot of knowledge to be successful in trading while gambling is a pure luck.

Technical analysis will not help you if someone decides to sell a large amount of bitcoins at the market price to buy a house or a yacht.  And if this amount of BTC is really large, it will lead to a sharp decline in the price and possibly cause stop loss sales, which will again lead to a further decline in the price.

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SacriFries11
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May 23, 2021, 01:51:44 PM
 #84

If you are planning to invest or buying one of the Shitc**ns this is not a pure gamble instead it is a pure risky to invest.
Maybe out of 100% there is only 5% chances for you to get earnings with it dude in my own assessment. Though, for now I cannot deny a lot of the shitcoins in the market are rising while bitcoin price value was down. But just like the other says do it at your own risk.
I guess that's purely risky with pure gamble when it comes to shtcoins. Joining presale and the sell after the listed. Some project team rug the project. I experienced joining the presale and get scam. I didn't do it ever again. Trading is lot harder but if I do it properly with some knowledge and combination of TA and FA, I know I can get profit.  It takes time and hard work before you can get profit in trading, there are times that you really doubt yourself unlike others that they have already background in trading like stocks and forex trading.

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May 23, 2021, 02:25:05 PM
 #85

Technical analysis based on lot of indicators may give an idea about the future price movements but there is no one can predict it accurately if they did it then they are just lucky though. Trading is purely speculation so its not completely a gamble but kind of thing so you need luck and skills to be successful here.

Also, make use of the news sources and whale indicators.
Could technical analysis predict Elon Musk's statements or China's statements? Could technical analysis predict that BNB would become 680 from 20 USD? Could technical analysis predict that Zcash would immediately drop from the very first day ATH and never ever reaching that one?

What can technical analysis predict in an emotionally driven market? I guess, nothing significant.

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