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Author Topic: The market is confusing  (Read 2524 times)
Ziskinberg
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February 07, 2022, 06:41:03 AM
 #81

We shouldn't be going with analysis provided by others let it even be an expert or influencer because they cannot predict it before dump and once the market dumped they started predicting bear market except few, vice verse for bullrun as well.


All the time, predictions are meant to fail and make another again and again.
I'm no expert in analyzing the market nor I was good in trading but I know that I was confident of what I'm doing even without the help of other people. That is why we have to make our own analysis as no one had been expert to this nor someone knows what gonna happen someday. if we can do this simply thing, we are almost about to win the market and never confused of anything.

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February 07, 2022, 10:33:58 AM
 #82

The market is confusing definitely! And I think for some it's more confusing and for some less, to be honest here, not everyone has good analytic skills! Even if you have it it's not everything in that, you need to be active and have good timing for your trades if you wish to be successful!
In the short term, my skills are like 0, simply I don't have much time for watching charts and news every day, what I catch from reading is simply not enough to be successful in analyzing short term changes... from time to time I have some fun with some short trades, but they are usually mistakes, luckily I see it as a fun and I do it with some small amounts! I am more focused on the long run, buying some top coins, low cap but potential coins, and holding them until they mature and bring profit!

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February 07, 2022, 11:08:19 AM
 #83

If you confuse about the market just leave it alone and dont forget to buy the dip, You can leave it till it reaches a new ATH. If you are tired to analyze the market then just get a break from trading except it's your only way to earn money. I agree that we must hodl although many people tell you to sell and dont forget to use your money that you can afford to lose.
That is what I do time to time. At the end of the day, trading is not my only income. Sometimes, I just feel like there is nothing that I want to do in trading and anything like that so I give a break and just do not look it like I normally do. Sure I still follow the price like once or twice but I do nothing like that.

This is why it gives me a break to actually feel better when I give it a break time to time. It just makes me realize that I could give a break which means I am not addicted, at all. On top of that it means there is the fact that I could miss doing it, and when I get back to trading I would be basically doing it better and with more hype.
This is the wisest statement clearly based on experience.
https://bitcointalk.org/index.php?topic=428589.msg59172813#msg59172813
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February 07, 2022, 12:08:08 PM
 #84

All the time, predictions are meant to fail and make another again and again.
I'm no expert in analyzing the market nor I was good in trading but I know that I was confident of what I'm doing even without the help of other people. That is why we have to make our own analysis as no one had been expert to this nor someone knows what gonna happen someday. if we can do this simply thing, we are almost about to win the market and never confused of anything.

Predictions are for fun, and the best or worst thing is you can only be right or wrong, up or down. And it is all for fun,,, if anyone takes predictions seriously then they probably need to go back to the books and realize that people in markets are never ever guaranteed profit in fact,,, long term you are guaranteed to lose (simply to fight the commissions and immediate loss on every trade made).

The only profit guarantee long term is to hodl, this is my take.

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February 07, 2022, 02:00:32 PM
 #85

We shouldn't be going with analysis provided by others let it even be an expert or influencer because they cannot predict it before dump and once the market dumped they started predicting bear market except few, vice verse for bullrun as well.

I agree, these guys who are making price predictions most of the time they were in price prediction and I just realized that a lot of guys create channels on youtube and to get followers and sell trading courses and they keep making predictions that somehow get it right Sometimes people believe they are experts and pay for courses and follow the person on their youtube channel. I see that they also do this in tradeview






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February 07, 2022, 03:14:33 PM
 #86

Bitcoin can indeed be used as a crypto market signal where when the price drops it will also affect Altcoins, although there are some altcoins that are not affected by Bitcoin until now Bitcoin is still a benchmark for other coins and a reference in the crypto market. The market is indeed confusing because we never know for sure when it's time to go up and down so we have to really understand and analyze the market. To respond to market situations that sometimes go up and down, we need to be patient and careful because if we rush and panic, it will make our minds even more confused, and can end up getting losses.

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February 07, 2022, 03:37:50 PM
 #87

Bitcoin can indeed be used as a crypto market signal where when the price drops it will also affect Altcoins, although there are some altcoins that are not affected by Bitcoin until now Bitcoin is still a benchmark for other coins and a reference in the crypto market.
This kind of situation has been happening for years because bitcoin is the king of every cryptocurrency nowadays. I don't think this situation will change in the future, unless there are other cryptocurrencies that are better and more perfect than bitcoin.

The market is indeed confusing because we never know for sure when it's time to go up and down so we have to really understand and analyze the market. To respond to market situations that sometimes go up and down, we need to be patient and careful because if we rush and panic, it will make our minds even more confused, and can end up getting losses.
No, it's never confusing if you really believe in bitcoin like most other investors. Supposedly if you prefer to invest than trade then you are much more in control of your emotions from price fluctuation. Ignore the price fluctuation and try to stay on the target you want to achieve because it will let you get a feel for how your investment returns are actually going.

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February 07, 2022, 03:53:22 PM
 #88

Bitcoin can indeed be used as a crypto market signal where when the price drops it will also affect Altcoins, although there are some altcoins that are not affected by Bitcoin until now Bitcoin is still a benchmark for other coins and a reference in the crypto market. The market is indeed confusing because we never know for sure when it's time to go up and down so we have to really understand and analyze the market. To respond to market situations that sometimes go up and down, we need to be patient and careful because if we rush and panic, it will make our minds even more confused, and can end up getting losses.

Because the movement of the crypto market is based on supply and demand, therefore it is difficult to predict and sometimes looks confusing.
Supposedly if we study crypto properly, we should not be confused. Because as long as the choice of coins for investment is correct, then we just
need to be patient to be able to generate profits. Regarding Bitcoin price movement what you say is true, Bitcoin price movements can be a sign of
where the market will move, because most of the altcoins movement is strongly influenced by the movement of Bitcoin. As of now Bitcoin is rising
to a price of $42k, then we can see on the CMC site, almost most of the altcoins have also gone up in price. Hopefully the price of Bitcoin continues
to rise and can return to the ATH price, then we can see the bull market coming.

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February 07, 2022, 05:04:32 PM
 #89

Predictions are for fun, and the best or worst thing is you can only be right or wrong, up or down. And it is all for fun,,, if anyone takes predictions seriously then they probably need to go back to the books and realize that people in markets are never ever guaranteed profit in fact,,, long term you are guaranteed to lose (simply to fight the commissions and immediate loss on every trade made).

The only profit guarantee long term is to hodl, this is my take.
This is not something that is "100%" true. Why? Because, unfortunately there are some "influencers" who end up telling people that their predictions are always right. As we all know they are not right but they keep telling this to convince enough people. Sometimes they get money for it, sometimes they get fame for it, I do not know what would be the case for most of them but I know that it is certainly something that is not that rare and they make some income from it.

I am pretty sure they get paid to share most of the stuff you see on their twitter as well. So basically you are right but people are unaware and some people convince others that you are wrong and they are actually great.

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February 07, 2022, 06:43:26 PM
 #90

nothing is confusing at all.

Whenever january month ends with price fall, we get to see a relief rally in February. It is history... So don't get confused bud.

And it is an obvious thing that market can't go only upwards it needs correction. And that already happened so I feel this month would be good for bitcoin.

The only profit guarantee long term is to hodl, this is my take.
True!
In my opinion, every newcomer needs to focus on this. Simply buy and HOLD for a few years.
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February 07, 2022, 08:03:05 PM
 #91

Bitcoin can indeed be used as a crypto market signal where when the price drops it will also affect Altcoins, although there are some altcoins that are not affected by Bitcoin until now Bitcoin is still a benchmark for other coins and a reference in the crypto market. ..

I do not know of a coin that bitcoin does not have its influence on. It is possible that only stablecoins)) But that's why they are stablecoins, in order to remain stable. Everything else, when we see that the price of a coin begins to go against the market, then this movement is temporary and is usually associated with positive news, or a pump&dump scheme.

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February 07, 2022, 08:51:18 PM
 #92

Bitcoin can indeed be used as a crypto market signal where when the price drops it will also affect Altcoins, although there are some altcoins that are not affected by Bitcoin until now Bitcoin is still a benchmark for other coins and a reference in the crypto market. ..

I do not know of a coin that bitcoin does not have its influence on. It is possible that only stablecoins)) But that's why they are stablecoins, in order to remain stable. Everything else, when we see that the price of a coin begins to go against the market, then this movement is temporary and is usually associated with positive news, or a pump&dump scheme.
Stable coin is neither for assuring profits or protecting yourself with the volatility which people do mostly have this kind of view or intent on using up stable coins.Market is indeed confusing

and if you dont know on how to act according into situations then you would really be finding this a very big problem.This market does really have that kind of behavior

on which neither the price could shoot up or go down neither it is on that manipulative behavior or totally in random.You couldnt tell on whats next.

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February 07, 2022, 09:03:57 PM
 #93

It is true that bitcoin is always like the signal giver to the market.

This is the beauty of the market, you get insights from the two different sides and it's up to you who are you going to believe. But if you also do analysis then you must rely to what you think is right and accurate.

Honestly, you don't really have to rely with any of those predictions, speculations or analysis. If you can have your own then that's much better because what's proven is that, no matter someone is good in analysis, bitcoin has always and will always be unpredictable.


The truth is that it is impossible to perfectly predict what the market is going to do, and the reason for this is simple, while we see the charts moving the truth is that the charts are nothing but an abstraction of what is actually happening, and what is happening you may ask? Millions of people trying on their own to predict what the market will do, and since it is impossible to solve an equation with millions of variables then it is not surprising that trading is completely unpredictable, however despite all of this there are still ways to make money in the markets, but as we know it is not something easy to do..
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February 07, 2022, 09:18:25 PM
 #94

I have seen as many opinions as I have allowed myself to read, and I like how some people think, however in the forum one has an idea that can be strengthened thanks to the knowledge and experience of some users, for now I think it is not so confusing anymore, because the market cannot only be lateral, or bullish, it must also have its bearish stage, that is the healthiest thing, however when we are in bearish stages you should also win, just leverage yourself even by 5x and take risks, maybe You see profits are made, it is much better than just waiting and waiting, this from the point of view as a market speculator, the point of view as an investor is another.

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February 08, 2022, 10:10:35 AM
 #95

Predictions are for fun,
This is not something that is "100%" true. Why? Because, unfortunately there are some "influencers" who end up telling people that their predictions are always right. As we all know they are not right but they keep telling this to convince enough people. Sometimes they get money for it, sometimes they get fame for it, I do not know what would be the case for most of them but I know that it is certainly something that is not that rare and they make some income from it.

I am pretty sure they get paid to share most of the stuff you see on their twitter as well. So basically you are right but people are unaware and some people convince others that you are wrong and they are actually great.

Influencers telling you they're always right does notchange the fact that predictions should be for fun,,, and perfectly fits as an example of what I said that if anyone takes predictions seriously, they need to return to basics and realize their mistake.

If you are following an influencer,,, you need to know better. Of course everyone shilling gets paid OR has an interest. Buy coin A and tell others to buy it.

.
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February 08, 2022, 05:05:28 PM
 #96

Predictions are for fun,
This is not something that is "100%" true. Why? Because, unfortunately there are some "influencers" who end up telling people that their predictions are always right. As we all know they are not right but they keep telling this to convince enough people. Sometimes they get money for it, sometimes they get fame for it, I do not know what would be the case for most of them but I know that it is certainly something that is not that rare and they make some income from it.

I am pretty sure they get paid to share most of the stuff you see on their twitter as well. So basically you are right but people are unaware and some people convince others that you are wrong and they are actually great.

Influencers telling you they're always right does notchange the fact that predictions should be for fun,,, and perfectly fits as an example of what I said that if anyone takes predictions seriously, they need to return to basics and realize their mistake.

If you are following an influencer,,, you need to know better. Of course everyone shilling gets paid OR has an interest. Buy coin A and tell others to buy it.
This is why it is a waste of time to follow those influencers and their predictions, they are not really predicting anything, the only thing they are doing is promoting themselves and the coins they bought and they are hoping that enough people follow their advice so they can sell their coins at the top of the market.

In fact this is no different than what pump and dump groups do all the time, however it is slightly disguised by the influencer fame and the prestige of the social platform they are using.
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February 08, 2022, 07:28:24 PM
 #97

Looking at the market now with different illustration about the current position, condition of the market from analysis, many crypto traders are coming out with there different analysis of where the market tend to go in the next few days. Some keeps agitating that the trend is still bearish while others come out with various technical analysis of the market, drawing different trendlines to show the support resistance of the coming bull.

We all know that Bitcoin controls the crypto market and it is a good determinant of most altcoins(maybe all). The fall of Bitcoin had affected the crypto market and I think keeping an eye on Bitcoin is very important to determine the fate of most alts in the market. I have seen much number of fud coming up with different technical tools of the market going down more.

What perspective are we going to accept here? Are we going with the analysis of the market going bear contineously or  claims that the price will go bullish? Maybe we should just be neutral without being too optimistic or pessimistic.

Following the market, trend should not be as confusing like the way it is currently, especially for those that care much about the market direction and are not too skilled on analysis the market direction.

You're right! when there is uncertainty in the market, it is better to have a neutral position. However, you also need to understand the nature of rising and falling prices in the market. For example, in 2021, the United States actively printed new money and crushed it, some of which unconditionally went to the crypto market and the stock market. Which in turn enabled BTC to reach its new ATH. But what now? Why should BTC go up again now? It is likely that new money will be printed again and the market is waiting for the next native, or vice versa, the refusal to print new money and the market will go down. This is just my personal assumption and everything can happen for other and other reasons. Therefore, I decided for myself that if I can now make a profit from the use of cryptocurrency, then it is best to fix this profit right away, and then time will tell.
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February 08, 2022, 08:55:42 PM
 #98

Predictions are for fun,
This is not something that is "100%" true. Why? Because, unfortunately there are some "influencers" who end up telling people that their predictions are always right. As we all know they are not right but they keep telling this to convince enough people. Sometimes they get money for it, sometimes they get fame for it, I do not know what would be the case for most of them but I know that it is certainly something that is not that rare and they make some income from it.

I am pretty sure they get paid to share most of the stuff you see on their twitter as well. So basically you are right but people are unaware and some people convince others that you are wrong and they are actually great.

Influencers telling you they're always right does notchange the fact that predictions should be for fun,,, and perfectly fits as an example of what I said that if anyone takes predictions seriously, they need to return to basics and realize their mistake.

If you are following an influencer,,, you need to know better. Of course everyone shilling gets paid OR has an interest. Buy coin A and tell others to buy it.
This is why it is a waste of time to follow those influencers and their predictions, they are not really predicting anything, the only thing they are doing is promoting themselves and the coins they bought and they are hoping that enough people follow their advice so they can sell their coins at the top of the market.

In fact this is no different than what pump and dump groups do all the time, however it is slightly disguised by the influencer fame and the prestige of the social platform they are using.
the better way to know about the market is to follow the predictors who spent time from a long time in stock because they know about the chart and they can read any chart so they will predict correctly.

We also have to see that who are coming in the crypto as when a big company or country accept or reject then a big change comes in the market.
I wouldnt recommend this because relying into those people wont really give out some advantage but its not bad to snip out some idea from others but it would be add up into your
own analysis and i do see this is much more worthy rather than on relying yet you would also gain up experience and knowledge on this kind of method at least rather than on
being dependent with those so called experienced or veterans on this market.You wouldnt able to explore and realize it out on how this market works if you dont tend to
taste out for yourself on how it do behaves.

R


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February 08, 2022, 10:30:57 PM
 #99

I wouldnt recommend this because relying into those people wont really give out some advantage but its not bad to snip out some idea from others but it would be add up into your
own analysis and i do see this is much more worthy rather than on relying yet you would also gain up experience and knowledge on this kind of method at least rather than on
being dependent with those so called experienced or veterans on this market.You wouldnt able to explore and realize it out on how this market works if you dont tend to
taste out for yourself on how it do behaves.

 That is the thing, there are two types of people, one that takes everything what others give them and they do not care about learning at all, they just want to be given a "tip" that will make them rich and that is it. The other type of people are people who ignore everyone, and never trust anyone and only care about what they believe to be right, if they are wrong at least they are wrong themselves and only to blame themselves, if they are right then it is great. All in all there are basically nothing that could stopping them doing it solo and never care. I would say somewhere in the middle is very important. Focus on learning from others and then use that for your own research and development.

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Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
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EUROPE | AFRICA
LATIN AMERICA
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Download on the
App Store
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GET IT ON
Google Play
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Lordhermes
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February 08, 2022, 10:31:09 PM
 #100

The market can be so complicated atimes that if you don't calculate or take time to study it,you will have a big loss which will affect your financial status.
Most atimes when we go about investing,we forget to ask questions concerning the project we are going to invest in,and thereby making mistakes that are unfavourable to us.
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