Cherylstar86
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Hello, Im preety new on forum, I posted 99% on my local forum, but now I want also post on international forum.
Im intrested in trading in crypto, cause mining crypto in this days is not profitable. I Want to know how I can recognize right coin, expect BTC, and ETH, how I can recognize some other good coins? How I can recognize when is the right time for buyng and sellig crypto to make most of trades profitable? Is it possible some how exploting some coin and be sure this coin can make 10x, 20, 50x,... in next months?
Sorry if Im spell something wrong cause my English is not best.
Just have sometime to visit at coinmarketcap website and always look after the rank of an specific coin, and there you can actually see how to choose which one is the best. Though there's no assurance for cryptocurrency, but it's always important to determine their capabilities through communities that supports them like in social media discussions. Most common tools that we need is telegram, facebook and twitter.
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apityeh71
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June 17, 2021, 04:58:59 AM |
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Nowadays is hard to make huge profit like 10x, 20x or 50x because alot of altcoin already going up multiple times, although ccurrent price dumped about 50% is still difficult to gain multiple profit. BTC still sideaway for now, but still have room to going high even surpass ATH because alot of differents institutional investor joined BTC investment. With low circulating supply and high demand, BTC should keep going up untill the marketcap above $2T in this bull cycle. BTC and others high altcoin is more safe for investment right now than memecoin or gems coin. Buy and hold it untill in the beginning of next year.
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awik p
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June 17, 2021, 05:29:55 AM |
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That would not be so bad if those signals groups also helped you to develop your own strategy and helped you to learn more about the markets and how they function, however a great deal of those so called signal groups are in fact lying and are nothing but pump and dump groups in disguise, and this means that the owners of the group will invest in a coin that has no future and then tell their members to buy that coin and then sell for a high price scamming them in the process.
As a rule, beginners who cannot analyze the market themselves and have no trading experience are interested in such signals. They regard these signals as dogma, which they can earn a lot of money by doing. This belief passes very quickly, after the signal is given incorrectly and instead of making a profit, they lose their money. things that we often encounter for beginners. with great confidence in online analytics, they are not aware of the risks. therefore for beginners at least don't see the benefits that other people receive, so they want to get it like that too. even though we are beginners, we have to be good at studying risk and reward in cryptocurrencies, so that a sense of self-control grows
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LUCKMCFLY
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June 20, 2021, 03:26:30 AM |
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in fact at the moment I think that those groups that are dedicated to the signals and if BTC falls are in constant uncertainty, because the technical analyzes they develop can be invalidated with a small movement that Bitcoin makes, either to the fall or upward.
Although some of the groups are always based on trading ALT / BTC pairs, it is not the right thing to do, because BTC is falling and if BTC falls, the alt would go much lower, because it would simply be a mathematical division, the most accepted is that it is ALT / USD or ALT / EUR, because it is much more real. Those are the reasons why, I do not trust crypto signals, because they have a high probability of failure, they only do not fail is when BTC is in a bullish trend, because at that time it is very likely that all the alts go up.
Those signal groups have always been in the danger of those type of moves. I mean what do they look at? They look at the signals very carefully right? After checking what should happen for hours with the data they have in their hands, they make calculated decisions, or they sometimes work weeks and months to build a bot that would tell them exactly when one thing they have been looking for happens, Bollinger band is under 20!! type of deals. However one tweet from Elon and it's all gone. I have said this to my friend and he just didn't care and kept doing TA and now he lost more money than I did. The only power an investor has, just one thing anyone needs is simple ; be cynical. If you are uncertain about everything and you are not sure about anything that will make you a great investor. Because when someone is suspicious and unsure they will work a lot more and be ready for anything at all times. You are right, sometimes, although it sounds a little crazy, intuition works, and this I learned in my beginnings as a trader, sometimes I just followed my intuition, then some time later I stopped doing it because I felt that I was betting and That is not right . Some time later I read Jesse Livermore's books and he sometimes put aside all logic and followed his own intuition and won in the market, he recommends in his books that sometimes it turns out to follow intuition even if it is a decision that goes against what everyone think. Many times we do not have market clarity and sometimes it is better to be out of the market until you have a clear vision of it, that is why signals are not usually the best option.
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tippytoes
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June 20, 2021, 11:17:14 PM |
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Hello, Im preety new on forum, I posted 99% on my local forum, but now I want also post on international forum.
Im intrested in trading in crypto, cause mining crypto in this days is not profitable. I Want to know how I can recognize right coin, expect BTC, and ETH, how I can recognize some other good coins? How I can recognize when is the right time for buyng and sellig crypto to make most of trades profitable? Is it possible some how exploting some coin and be sure this coin can make 10x, 20, 50x,... in next months?
Sorry if Im spell something wrong cause my English is not best.
Just have sometime to visit at coinmarketcap website and always look after the rank of an specific coin, and there you can actually see how to choose which one is the best. Though there's no assurance for cryptocurrency, but it's always important to determine their capabilities through communities that supports them like in social media discussions. Most common tools that we need is telegram, facebook and twitter. Keeping up to date with their social media updates is really a good source of information. Some projects will not update their respective ANN thread in the forum, but most of them are active in their socmed like telegram or twitter. However, you should also evaluate if the tweets or updates are substantial to the growth of the project. Because if it is just small things that don't affect the improvement of the coin, they may just be stalling and there's really no development going on. You can get insights if the dev team is just stalling or has real updates if you will closely follow their movements. You should keep up with all the coins that you are interested with. That's a tedious job but if you want less headache, just follow only those important coins that you want to get involved with.
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SirLancelot
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June 21, 2021, 09:31:48 AM |
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Keeping up to date with their social media updates is really a good source of information. Some projects will not update their respective ANN thread in the forum, but most of them are active in their socmed like telegram or twitter. However, you should also evaluate if the tweets or updates are substantial to the growth of the project. Because if it is just small things that don't affect the improvement of the coin, they may just be stalling and there's really no development going on. You can get insights if the dev team is just stalling or has real updates if you will closely follow their movements. You should keep up with all the coins that you are interested with. That's a tedious job but if you want less headache, just follow only those important coins that you want to get involved with.
Yes, keeping up with the project is important after you invest in it either via social media or telegram where most of the admins will post updates and coming features to the project. But make sure they are actually delivering what they are claiming to achieve because a lot of projects promise big things and end up doing nothing. Signals as far as trading is concerned aren't relevant and worth since most of them are inaccurate and random predictions. Sometimes you may find groups where they actually pump a coin and some will benefit from it but those are near impossible to spot. Analyzing the project is probably the best possible way of ensuring profits with new coins or just trade within known solid pairs like ETH-BTC where you won't actually see much change but small gains can be made.
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Mpamaegbu
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July 11, 2021, 11:01:08 AM |
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Just like BNB now, it started with a 1 digit price few years ago and people just ignore it at that price.
Binance was even less than a digit price when it started in 2017. I bought around 3 cents. It's true that no one would've predicted in their widest imagination that its price would ever get to where it's today. The smart contract thing helped it soar. If anyone knew what tomorrow might bring no one would be selling when they shouldn't. I would still be hodling my BNB till date. On the OP, your best bet to signals are: 1. Through signal providers 2. By learning how to read charts yourself — TA. In my opinion, the second option should be your option because you will be in control of the actions you take, owing the decisions your make by yourself and not replying on someone else to give you fish. Therefore, imbue yourself with the set skills for trading. Source the relevant materials and watch resourceful videos on YouTube for trading. Most of those materials are even free of charge.
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Tahsin Kabir Kollol
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July 11, 2021, 05:30:38 PM |
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Signals act as an important regulator in cryptocurrency trading, but their reliability may not be 100% effective in all cases. Traders trade using different types of signals and these influence the psychological decision-making of the investors. Different types of books and tools are used to analyze these signals. However, as the market moves forward depending on the decisions of the investors, these signals in many cases contradict the needs of the investors. However, as the market moves forward depending on the decisions of the investors, these signals in many cases contradict the needs of the investors. So there are other things to keep in mind when trading using signals.
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Vaculin
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July 11, 2021, 11:22:08 PM |
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They will charge the money at some stage for providing signals ? If you are in trading, your focus should be to get Technical analysis knowledge and do TA yourself. If you are looking to find signals from different groups, you cannot succeed in the long run. No way to pay these people knowing that signals are not accurate but if you are new to trading, that could be brought some interest, and after make payment, they are gone. That is a kind of stupid idea and that supposed to stop thinking that someone or a group like the signal group could help you to make rich because in the first if they know the market trend that might they use it by themselves. You are right, instead of relying on these people and pay them for nothing, better to make our own decisions based on the market chart. We have to use trading tools to make good TA, though.
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Questat
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July 13, 2021, 12:16:03 PM |
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Signals act as an important regulator in cryptocurrency trading, but their reliability may not be 100% effective in all cases. Traders trade using different types of signals and these influence the psychological decision-making of the investors. Different types of books and tools are used to analyze these signals. However, as the market moves forward depending on the decisions of the investors, these signals in many cases contradict the needs of the investors. However, as the market moves forward depending on the decisions of the investors, these signals in many cases contradict the needs of the investors. So there are other things to keep in mind when trading using signals.
Well, some signal groups are legit but most of them can't be trusted IRL. The reliability of signals is quite low as the market moves unpredictably. Even we spend our whole life in the market, there is no way we can make it perfect. That is why I don't trust signal group nor I have to pay for them coz the reality is that they don't know also what will happen next and their speculations are also base on what they understand. And we can surely make it as well.
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imstillthebest
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July 13, 2021, 01:20:58 PM |
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yes mining is hard now for top coins but i think mining can still be efficient on non mainstream coins . theres also staking that is popular now because its not that difficult than in mining . you can recognize a good coin if you do your own research and not by depending on someone because they could misslead people for thier own financial gain . right to buy is when the coin is still early but right time to sell will depend on you .
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LimLims
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July 13, 2021, 04:59:16 PM |
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No one can be sure of anything, otherwise, everyone would've become rich.
The signals that are offered by some services and telegram bots usually predict the price increases based on the sudden increases in trading volume.
I too not recommended going through bots for calls. What instead someone can do is buy paid signals from some veteran trader. I know the predictions are not 100% sure, but to make it even more easier, you can go for free calls. Now you can get free calls from twitter itself. Hope this helps you OP.
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stomachgrowls
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July 13, 2021, 08:30:35 PM |
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Hello, Im preety new on forum, I posted 99% on my local forum, but now I want also post on international forum.
Im intrested in trading in crypto, cause mining crypto in this days is not profitable. I Want to know how I can recognize right coin, expect BTC, and ETH, how I can recognize some other good coins? How I can recognize when is the right time for buyng and sellig crypto to make most of trades profitable? Is it possible some how exploting some coin and be sure this coin can make 10x, 20, 50x,... in next months?
Sorry if Im spell something wrong cause my English is not best.
Welcome into this forum mate! Good thing that you do consider out on going into international forums and seeking for more informations for your learning.In regarding into your question about how to recognize price bottoms? This had been always a question in mind for most people who are in here.No one can recognized on when to get in and this is where risk management would differ to each other person. Some would get in early and some would get in late and some would get on the right time and since everything is unpredictable then these things would be just typical.
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South Park
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July 13, 2021, 10:02:13 PM |
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Hello, Im preety new on forum, I posted 99% on my local forum, but now I want also post on international forum.
Im intrested in trading in crypto, cause mining crypto in this days is not profitable. I Want to know how I can recognize right coin, expect BTC, and ETH, how I can recognize some other good coins? How I can recognize when is the right time for buyng and sellig crypto to make most of trades profitable? Is it possible some how exploting some coin and be sure this coin can make 10x, 20, 50x,... in next months?
Sorry if Im spell something wrong cause my English is not best.
I understand what you want but it is very difficult as you are looking for some kind of secret information that can easily help you to do this and this does not exist, the only way to recognize if a coin is any good or not it is to know about the technology behind cryptocurrencies in a profound way, if you do not know this then you are just gambling with your money if you invest in those altcoins, so unfortunately I do not think you have what is necessary to achieve the results that you want to get.
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AmoreJaz
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July 13, 2021, 10:15:51 PM |
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I understand what you want but it is very difficult as you are looking for some kind of secret information that can easily help you to do this and this does not exist, the only way to recognize if a coin is any good or not it is to know about the technology behind cryptocurrencies in a profound way, if you do not know this then you are just gambling with your money if you invest in those altcoins, so unfortunately I do not think you have what is necessary to achieve the results that you want to get.
there's no shortcut on how to distinguish high potential projects. if you want to get out of the top alts, and check out the new ones. you really have to dedicate your time assessing them and digging their background. it is not an easy task as you need to apply all your learnings in crypto to identify the potential valuable projects. and if someone is suggesting you with a specific project, don't just follow blindly as he may just be endorsing it because he has vested interest on the project. so yeah, signals in crypto is not to be trusted as most of them will just lure you to spend your funds and lose it in the process. you need to be smart when choosing a project to invest with.
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batang_bitcoin
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July 13, 2021, 10:20:16 PM |
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yes mining is hard now for top coins but i think mining can still be efficient on non mainstream coins .
The risk is higher on this strategy because you'll never know if those coins you'll mine will get any value soon. theres also staking that is popular now because its not that difficult than in mining .
Yes, but you need a quite decent amount of capital for you to make it a very profitable source. you can recognize a good coin if you do your own research and not by depending on someone because they could misslead people for thier own financial gain . right to buy is when the coin is still early but right time to sell will depend on you .
For top coins, you only need to get the right approach of buying at the right time but if that makes no sense anymore and it's no longer a good choice, you really have to spot on those coins that are still in early development but got a class.
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imstillthebest
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July 14, 2021, 02:02:57 PM |
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yes mining is hard now for top coins but i think mining can still be efficient on non mainstream coins .
The risk is higher on this strategy because you'll never know if those coins you'll mine will get any value soon. yes this is only the problem . we need to think if we agree with this conditions before we proceed . theres also staking that is popular now because its not that difficult than in mining .
Yes, but you need a quite decent amount of capital for you to make it a very profitable source. A decent amount is also needed for some to be able to get a block . This can be the downside of staking you can recognize a good coin if you do your own research and not by depending on someone because they could misslead people for thier own financial gain . right to buy is when the coin is still early but right time to sell will depend on you .
For top coins, you only need to get the right approach of buying at the right time but if that makes no sense anymore and it's no longer a good choice, you really have to spot on those coins that are still in early development but got a class. buying at the right time can also be when the price is crashing or when there's a bear . Buying top coins won't never became non sense because they are top coins but research is a must when investing in newer coins .
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RealMalatesta
Legendary
Offline
Activity: 2338
Merit: 1124
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 14, 2021, 04:59:25 PM |
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some signal groups are legit but most of them can't be trusted IRL. The reliability of signals is quite low as the market moves unpredictably. Even we spend our whole life in the market, there is no way we can make it perfect. That is why I don't trust signal group nor I have to pay for them coz the reality is that they don't know also what will happen next and their speculations are also base on what they understand. And we can surely make it as well.
There are no "legit" signal groups, there are groups that either scam others and totally fake, or there are ones that poses as "legit" and fail. At the end of the day signals are just indicators hitting the point that the owners of those groups decide and that's it, when those indicators hit their marks then group owners share it and that's it. Just because certain indicators reached certain levels doesn't mean that it has to be correct signal, it could be very wrong as well. So that is why I never say that there are legit places, sure legit in the sense that even they believe to what they say and that is why they might be called legit but reality is that signals are not correct at all times and indicators do not equal anything so they are not legit in my point of view. This is of course just what I believe, it could be different for some people.
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batang_bitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 14, 2021, 09:18:10 PM |
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yes mining is hard now for top coins but i think mining can still be efficient on non mainstream coins .
The risk is higher on this strategy because you'll never know if those coins you'll mine will get any value soon. yes this is only the problem . we need to think if we agree with this conditions before we proceed . Check which coins are profitable and what exchanges they're already in before you mine uncommon coins. Yes, but you need a quite decent amount of capital for you to make it a very profitable source.
A decent amount is also needed for some to be able to get a block . This can be the downside of staking It is and that's why it's called the rich's game because the rich becomes more rich through staking. For top coins, you only need to get the right approach of buying at the right time but if that makes no sense anymore and it's no longer a good choice, you really have to spot on those coins that are still in early development but got a class.
buying at the right time can also be when the price is crashing or when there's a bear . Buying top coins won't never became non sense because they are top coins but research is a must when investing in newer coins . It is not everything on the top, there are few that you might like or all of them but you need to be wiser upon choosing any of those.
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