The trend is your friend if you know how to identify it))

[fullhdpixel]

There is no such thing as 98% accuracy while predicting the future of altcoins and difficult trend analysis while predicting bitcoin. Both of them are assets or crypto currencies who are highly dependent on market and its position. There is market depth, volume, daily use cases, social influence, external news forces and technical analysis which will define the collective price for current time or future times. Trend is based on above mentioned factors. Only way to get it right is to learn them and asses them so that you can come to conclusive results.

98 percent? Wow, they seem so sure with it but they can say that maybe because they think that alts always follow btc and for them its a piece of cake to predict alts that way but for some that don't know it yet or don't believe that it works that way, they are the ones that will argue.

It's more easier to predict altcoins that are in the top 10 because we are more surer that they have a brighter future than those who are in the lower brackets. Trend word on the hand looks like it only came from the social media but actually, trend is more than that. You already state different examples above where trend could come. We can use it to make our predictions more successful.

[kawetsriyanto]

The trend is your friend if you know how to identify it))

I am a little bit confused with the title of the topic and also the content. 

However, if this relates to the trend of Bitcoin, we can just see from how the crypto market is going on, how the good news of Bitcoin is spreading around the world, and how many more people are hyped and FOMO the Bitcoin because of the skyrocketing price.
This is simply how we can see the trend in general.
But if we want to look for the trend that is more specifically seen from the top and bottom, we can analyze from the TA and also FA. It will be more complex to see from several points.

[carlfebz2]

The trend is your friend if you know how to identify it))

I am a little bit confused with the title of the topic and also the content. 

However, if this relates to the trend of Bitcoin, we can just see from how the crypto market is going on, how the good news of Bitcoin is spreading around the world, and how many more people are hyped and FOMO the Bitcoin because of the skyrocketing price.
This is simply how we can see the trend in general.
But if we want to look for the trend that is more specifically seen from the top and bottom, we can analyze from the TA and also FA. It will be more complex to see from several points.

Trend plotting could really be neither be classified or known via;

1. Current trend in overall market showing or looking upon the price movement of all coins in the market
2. By plotting some technical indicators.

You would really be having different stance whether on what kind or type of analysis you are making.
Just make sure that you do able to get in on the right time even though knowing this thing isnt something simple or easy.

[Oceat]

There is no such thing as 98% accuracy while predicting the future of altcoins and difficult trend analysis while predicting bitcoin. Both of them are assets or crypto currencies who are highly dependent on market and its position. There is market depth, volume, daily use cases, social influence, external news forces and technical analysis which will define the collective price for current time or future times. Trend is based on above mentioned factors. Only way to get it right is to learn them and asses them so that you can come to conclusive results.

98 percent? Wow, they seem so sure with it but they can say that maybe because they think that alts always follow btc and for them its a piece of cake to predict alts that way but for some that don't know it yet or don't believe that it works that way, they are the ones that will argue.

It's more easier to predict altcoins that are in the top 10 because we are more surer that they have a brighter future than those who are in the lower brackets. Trend word on the hand looks like it only came from the social media but actually, trend is more than that. You already state different examples above where trend could come. We can use it to make our predictions more successful.

I might have to agree with that but there are altcoins too that are beyond top 50 who are also pumping once Bitcoin price pump but I would say not at all but there are some. And 98% seems to be too much because I don't think it works that way with all of the existing altcoins almost everyday it's hard to tell though. Bitcoin trend is one of the best way to tell if there's a pump or dump so no need to look for elsewhere if you could just react to what is the trend showing in Bitcoin.

[TheUltraElite]

If you are aware of the trend, like if it is going up or down, as soon as it starts to happen, then you could definitely make some money.

Though I would not bet that each trader will be able to identify this correctly and in time. Neither is that necessary, if you are going for the long term game. In the short term it becomes a race against time, wits and speed.

The small moves of crypto is common, so if you think that it is going down, and catch it right it drops 0.1% or something, then get out at 3% drop, then you could make profit, same thing when it is going up. Doesn't mean that it would have to be very well designed, it could be a bit different and difficult but at the end of the day we are going to see the momentum change so you will have to catch that quickly. I am not saying that you can't, but it is not that simple and it will require a lot of talent.

It sounds simple but it is easier said that done. Small movements are better not to trade on, you might end up losing more on crypto exchange fees than what you get in return. Rather place orders of buy and sell at longer ranges and with a mid-long term goal.

Trends are mostly for day trading. For them running bots to monitor trends is a common thing. This should not be done by every trader, because everyone has their own type and class. The long term hodlers only need to buy/sell at a difference.

[justdimin]

It's very well described in the title of the thread. In general, many tools can be called friends if you work with them correctly and know how to use them.

Nope, it's not what you're thinking. Your comment here is totally different from what this thread is about. It's not about indicators or tools but about price direction. That's what is called Trend. As a trader or investor, it's better to identify where price is headed before pulling the trigger on trades. That way you're guaranteed of being in profit without stress. For instance, the short term trend for Bitcoin now is down. Anyone placing a sell on Bitcoin is more likely to make profit than one who is buying it at the moment.

Identifying the trend is not that easy though, and there are indicators and tools that help you try to predict it. Not that it is impossible to do it but at the very least you could give it a shot and could be doing fine at least. I do not know how hard it will be but at the end we won't be getting anything that is difficult beyond measure anyway.

Just predict the trend, predict where the price is going, use whatever you want for it, your gut feeling, indicators, TA, whatever and you will be doing fine. But, it will end up being a very tough task to do so considering how much we are having trouble with, if it was easy then we could have made a ton of money with leverage trading.

[Quidat]

There is no such thing as 98% accuracy while predicting the future of altcoins and difficult trend analysis while predicting bitcoin. Both of them are assets or crypto currencies who are highly dependent on market and its position. There is market depth, volume, daily use cases, social influence, external news forces and technical analysis which will define the collective price for current time or future times. Trend is based on above mentioned factors. Only way to get it right is to learn them and asses them so that you can come to conclusive results.

98 percent? Wow, they seem so sure with it but they can say that maybe because they think that alts always follow btc and for them its a piece of cake to predict alts that way but for some that don't know it yet or don't believe that it works that way, they are the ones that will argue.

It's more easier to predict altcoins that are in the top 10 because we are more surer that they have a brighter future than those who are in the lower brackets. Trend word on the hand looks like it only came from the social media but actually, trend is more than that. You already state different examples above where trend could come. We can use it to make our predictions more successful.

I might have to agree with that but there are altcoins too that are beyond top 50 who are also pumping once Bitcoin price pump but I would say not at all but there are some. And 98% seems to be too much because I don't think it works that way with all of the existing altcoins almost everyday it's hard to tell though. Bitcoin trend is one of the best way to tell if there's a pump or dump so no need to look for elsewhere if you could just react to what is the trend showing in Bitcoin.

Speaking with low caps then its really be having that chance on having those pumping times or conditions whenever bitcoin do really make out some significant movement but of course
any actions would be made out by you would be entirely be depending on your own analysis and skills towards the market.Every person would really vary because not all would really
be that knowledgeable or good when it comes to speculation in price movements but well all of us does share up on the same problem.

[Kimonoe]

There is no such thing as 98% accuracy while predicting the future of altcoins and difficult trend analysis while predicting bitcoin. Both of them are assets or crypto currencies who are highly dependent on market and its position. There is market depth, volume, daily use cases, social influence, external news forces and technical analysis which will define the collective price for current time or future times. Trend is based on above mentioned factors. Only way to get it right is to learn them and asses them so that you can come to conclusive results.

98 percent? Wow, they seem so sure with it but they can say that maybe because they think that alts always follow btc and for them its a piece of cake to predict alts that way but for some that don't know it yet or don't believe that it works that way, they are the ones that will argue.

It's more easier to predict altcoins that are in the top 10 because we are more surer that they have a brighter future than those who are in the lower brackets. Trend word on the hand looks like it only came from the social media but actually, trend is more than that. You already state different examples above where trend could come. We can use it to make our predictions more successful.

I might have to agree with that but there are altcoins too that are beyond top 50 who are also pumping once Bitcoin price pump but I would say not at all but there are some. And 98% seems to be too much because I don't think it works that way with all of the existing altcoins almost everyday it's hard to tell though. Bitcoin trend is one of the best way to tell if there's a pump or dump so no need to look for elsewhere if you could just react to what is the trend showing in Bitcoin.

it's not a definite formula, but most altcoins will follow the movement of bitcoin. therefore by choosing a top altcoin, it will be easier for us to analyze it, because it has the same habits as bitcoin. when bitcoin goes up and we choose one of the potential altcoins, it can happen that the increase will be greater than bitcoin in percentage. therefore the advantages of investing in altcoins for reasons of providing greater profits

[savetheFORUM]

If you are aware of the trend, like if it is going up or down, as soon as it starts to happen, then you could definitely make some money.

Though I would not bet that each trader will be able to identify this correctly and in time. Neither is that necessary, if you are going for the long term game. In the short term it becomes a race against time, wits and speed.

The small moves of crypto is common, so if you think that it is going down, and catch it right it drops 0.1% or something, then get out at 3% drop, then you could make profit, same thing when it is going up. Doesn't mean that it would have to be very well designed, it could be a bit different and difficult but at the end of the day we are going to see the momentum change so you will have to catch that quickly. I am not saying that you can't, but it is not that simple and it will require a lot of talent.

It sounds simple but it is easier said that done. Small movements are better not to trade on, you might end up losing more on crypto exchange fees than what you get in return. Rather place orders of buy and sell at longer ranges and with a mid-long term goal.

Trends are mostly for day trading. For them running bots to monitor trends is a common thing. This should not be done by every trader, because everyone has their own type and class. The long term hodlers only need to buy/sell at a difference.

Of course, itis easier said than done. You are going to have hard time doing it but that is how investment works. If it was a simple thing then everyone would be wealthy by now and the world would not have any poor people, everyone would be rich, all you gotta do would be follow a few simple steps and you would never have to worry about money ever again.

This isn't the case, it’s hard, the world is filled with people who need more money to survive and this means if you could overcome this and manage to follow these rules and act accordingly, then you will trade to make a bunch of money that most other people wouldn't be able to do. That’s the key.

[jrrsparkles]

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

You can't identify the future trend of Bitcoin and cryptocurrencies, it is possible to know the current and upcoming events of crypto and you have to make your own analysis also you can use the technical indicators to predict the approximate movements but it is not possible to identify the accurate movements of cryptocurrencies with any way.

[wxa7115]

Determining a trend is easy when it has happened on the graph, the pro traders should be able to predict the right timing before it happens. The indicators and oscillators showing oversold-overbought zones help to find bottom/top points that can be the start point of the trend but it is not always a reliable source to detect trends. Technical indicators and sentimental analysis should be used together for backing fundamental news, in case of perfect timing trends may happen and the riding trend must be easier for those who can determine it before action.

Once enough time has passed then telling whether there is a positive trend or a negative one is indeed easy, however to do this at the early stage of a trend is very difficult as there are many instances in which the market seems like it is going to begin a new trend and then it does not actually materialize.

This is why if you are looking to enter a strong trend early on you will have many small losses, which can turn into big losses if you get desperate and try to force a trade, as it is very difficult to accept so many losses in a row for most traders.

[MinMan]

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

You can't identify the future trend of Bitcoin and cryptocurrencies, it is possible to know the current and upcoming events of crypto and you have to make your own analysis also you can use the technical indicators to predict the approximate movements but it is not possible to identify the accurate movements of cryptocurrencies with any way.

You can't identify it, but you could predict it, and that's all we can try to do. People who try to "know" what's going to happen before it happens will not be happy with the results, they will end up being poor because of it as well. You need to realize that the best case for you would be to make some profit based on what you can assume and not what you may know.

If you try to know everything, then you will realize that there is no knowing" in crypto, because nobody can predict the future 100% true, but you could try it and be right most of the time and make a profit like that, which is all we can do and which has been what traders have been doing for many decades now.

[LUCKMCFLY]

Everyone wants to be able to make predictions when the price of bitcoin is going up or which altcoin is going to be the next trend. Doing this is not an easy work. It’s possible that you can be able to predict the next trend, but it requires a lot of dedication.

I believe that you have Twitter, anyone who is serious about trading and investing in the cryptocurrency market really needs to have Twitter account and follow important groups or accounts that can help you gain information. Then you also need to have knowledge about technical analysis.

I think that the trend has a lot to do with the timing of the trading you want to do, because the long-term trend is what really matters, but it is long-term, and as long as trends are chosen in lower timeframes, disorder begins and it is a disorder called "volatiity" and the lower the temporality is synonymous with having a faster reaction in case the market goes against it, since reacting quickly is sometimes a challenge, that is why the importance of placing a stop loss and take profit, if you can put both at the same time it would be ideal.

[sana54210]

I think that the trend has a lot to do with the timing of the trading you want to do, because the long-term trend is what really matters, but it is long-term, and as long as trends are chosen in lower timeframes, disorder begins and it is a disorder called "volatiity" and the lower the temporality is synonymous with having a faster reaction in case the market goes against it, since reacting quickly is sometimes a challenge, that is why the importance of placing a stop loss and take profit, if you can put both at the same time it would be ideal.

I truly believe that we should not be focusing on the "trend" when we are talking about the future, I mean isn't it obvious that it would be totally useless thing considering the trend doesn't matter when we are talking about the future of the situation?

It's clear to me that we are going to end up with something terribly easy to guess for the long term which is going up, it always goes up in the long term and will keep going up as well. It is that chaotic short term when you look at a small time-frame that ended up being a profitable thing for most people, or they lose money because it is not easy but that is how you end up trading if you want to profit.

[crzy]

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

You can't identify the future trend of Bitcoin and cryptocurrencies, it is possible to know the current and upcoming events of crypto and you have to make your own analysis also you can use the technical indicators to predict the approximate movements but it is not possible to identify the accurate movements of cryptocurrencies with any way.

The future trend is unknown, you can only just know where the trend is going through price analysis but as usual, there’s no guarantee on that since its a pure prediction. Just use the basic tools when you are going to invest, it can still be a big help for you to set up everything and its really advisable to have the analysis first.

[Markinzo]

Myself I don't rely on a claimed prediction sites as tool to getting friendly or familiar with the market trend as they most times fail it been that it's just a prediction still and it's prone to contradiction.

It's the future we are talking about and the future is unpredictable despite the fact that this involves the market. So complete reliance on tools and news is quite risky anyway. So while I rely on them to an extend I also put some indept  dedication on past events (market history) that took place or have been recurrent in the market at certain time and contrast to the present and see if there's any relativeness.

Not to forget there are times luck come into play too.

[kapalmabur]

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

You can't identify the future trend of Bitcoin and cryptocurrencies, it is possible to know the current and upcoming events of crypto and you have to make your own analysis also you can use the technical indicators to predict the approximate movements but it is not possible to identify the accurate movements of cryptocurrencies with any way.

The future trend is unknown, you can only just know where the trend is going through price analysis but as usual, there’s no guarantee on that since its a pure prediction. Just use the basic tools when you are going to invest, it can still be a big help for you to set up everything and its really advisable to have the analysis first.

It's true, even though we've done the analysis, it's still not a guarantee for us to know what the trend will be in the future,
but at least doing the analysis it will help us to make a decision,
the most important thing is to keep abreast of market movements at all times

[Ararbermas]

Yhup, every trader must know and knowledgeable enough to identify the trends because trading against the trend is really not safe and it will be the worst nightmare because in just one mistake you will end up massive losses.  So better to learn more first before making decisions in trading to make sure the trends will be on our sides. 

[taufik123]

Those who buck the trend are those who do not know and have never learned how to identify the market properly. Those who buck the trend will be a source of profit for the big players (Whales).
As in this bad market condition, the market is in a bearish state and of course if you go against the trend you will lose a lot.
Many tools that can be used to identify market prices, technical and fundamental analysis will be very helpful, so that we know what trends are happening in the market.

[LastKiss]

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

Well, you can check the statistic for people who search for Bitcoin. Personally I'm just gonna wait until this situation gets calmer than now and then I can predict the next decision that I will make or I can just wait until the next halving of Bitcoin, like after Bitcoin halving is done the Bitcoin market always gets trending and the price goes up too.