GreatArkansas
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January 10, 2024, 11:42:21 PM |
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(...) I was actively reading their articles. They always mention what price is the support level, what price will cause the bearish moment and what will cause the bull moment. Never ever rely on their advice because practice showed me that their analysis is not correct.
That's why it is called "analysis", pure speculation. I don't blame them for being the worst because even they, a popular entity in the cryptocurrency market are having difficult doing analysis so it means it's really difficult to predict or analyze the next move of the market. If you are only relying on them for your trading, I don't see you should hate and blame them.
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batang_bitcoin
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January 10, 2024, 11:57:31 PM |
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If it's from a news publication and media giving these analyses, expect that there will be sort of bias from them and that's why it is better not to rely on them. By the chance that you also have other source of these analyses, then that's much preferable so that you can compare on how it goes from them to the other and then another one if it's possible. Don't settle for less since you're trading with your money until you're able to make your own analysis.
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Rent this sig space so that BTC goes to $100k.
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LogitechMouse
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January 11, 2024, 03:46:00 AM |
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It's hard for beginner traders to trade with bitcoin and altcoins. Many people look for analysis that are written by other people. If you are a newbie trader, I suggest you to never take seriously what Cointelegraph authors write about bitcoin and altcoin analysis. Cointelegraph often posts the worst crypto price analysis articles - https://cointelegraph.com/search?query=price%2520analysisI was actively reading their articles. They always mention what price is the support level, what price will cause the bearish moment and what will cause the bull moment. Never ever rely on their advice because practice showed me that their analysis is not correct. If not them then who? Is there any analyst out there who is sharing their analysis online with 100% certainty? Are there any analysts out there who are always correct with their analysis? If there is then care to share it here so we can follow him/her. I'm not reading articles from Cointelegraph, and so is their analysis, but saying that they're posting the worst crypto analysis is just insane. That's why it's called an "ANALYSIS" because they're just analyzing what's happening with the market, and they aren't holding a crystal ball telling that this will happen a few weeks from now or a few months from now. Analysis might be right or wrong. Analysts can be right or wrong with their analysis. Cointelegraph might be one of the worst crypto analysts out there, but other analysts might be even worse than them. To sum it up, don't take analysis seriously whether it came from a random YouTube influencer out there or a news media that shares their "OWN ANALYSIS" like Cointelegraph. As an investor, it would be better I guess if you know at least how to read charts even just the basics.
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cafter
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January 11, 2024, 08:17:03 AM |
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yes I think they have more expert designers then analyst ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , because on every articles there is nice thumbnail to get attention of the people. I doesn't read any articles or join telegram channel who shows analysis because most of the time it's just an poor speculation, when I was newbie i used to see youtube channels on which they host display nice charts and seems to be wow we are doing something big, but now realized that most of them are dumb and trying to make other people think that they are the "pro" in the market.
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redsun114
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January 11, 2024, 02:50:52 PM |
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I don't know a lot about CT but most of the articles you see online are paid. Unfortunately, those that are unpaid are usually low-quality articles seeking a lot of views for which the article has to sound hype. Most of the articles I read online are trying to just magnify small things and make it a big headline because that is how they get the views they need.
The best source of market analysis is social media but even there you will see paid comments although it's easier to filter them because the spam accounts are quite obvious and now Twitter has even started to shadowban such accounts.
There are some good telegram groups like Gollums Gems where you will find legit traders and investors discussing their ideas about the market.
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tsaroz
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January 11, 2024, 03:04:27 PM |
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It's hard for beginner traders to trade with bitcoin and altcoins. Many people look for analysis that are written by other people. If you are a newbie trader, I suggest you to never take seriously what Cointelegraph authors write about bitcoin and altcoin analysis. Cointelegraph often posts the worst crypto price analysis articles - https://cointelegraph.com/search?query=price%2520analysisI was actively reading their articles. They always mention what price is the support level, what price will cause the bearish moment and what will cause the bull moment. Never ever rely on their advice because practice showed me that their analysis is not correct. There are some tools that helps us decide support level and resistance and at most times they are a multiple of them. One of the easiest way of finding the support level and resistance is to look at the chart, at what point has the coin often bounced back and at what point it tipped in price. Further we can draw lines connecting the highs and lows to determine the changing support and resistance and finally there are moving averages which often acts as the levels. There are multiple of ways to decide them but you can't just fake them. You need to consider the basis the points are decided for the specific claim.
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tvplus006
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January 11, 2024, 03:29:48 PM |
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...I was actively reading their articles. They always mention what price is the support level, what price will cause the bearish moment and what will cause the bull moment. Never ever rely on their advice because practice showed me that their analysis is not correct.
All those articles published by these publications should not be taken as a recommendation and guided when opening an order. Regardless of the authoritativeness of the publication, it should be remembered that such recommendations are given by people who, for various reasons, may be mistaken just like us.
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slaman29
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January 11, 2024, 05:18:55 PM |
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Man, never take any advice for value. Cointelegraph is what I call repeater news. They never make first news they always recycle. That's first point.
Just like the rest been saying that it would really be that always recommended that you should really be that basing into your own analysis rather than on trying out to keep pushing or make use of those others suggestion on which on the time that it would be making out some opposite results then feeling of regret is really there. Or accept the fact I keep talking about. You can do analysis, anybody can. It's the easiest thing in the world. Heck even chatgpt provides 'better analysis' than most sites like Cointelegraph but if you really understand trading, then you understand you don't really gain an edge from analysis. There's a reason why they call TA astrology for men. Like horoscopes, it works for some it doesn't for most. Have fun and enjoy it for what it is but TA is not crystal ball of profit.
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Hamphser
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January 11, 2024, 05:46:50 PM |
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Man, never take any advice for value. Cointelegraph is what I call repeater news. They never make first news they always recycle. That's first point.
Just like the rest been saying that it would really be that always recommended that you should really be that basing into your own analysis rather than on trying out to keep pushing or make use of those others suggestion on which on the time that it would be making out some opposite results then feeling of regret is really there. Or accept the fact I keep talking about. You can do analysis, anybody can. It's the easiest thing in the world. Heck even chatgpt provides 'better analysis' than most sites like Cointelegraph but if you really understand trading, then you understand you don't really gain an edge from analysis. There's a reason why they call TA astrology for men. Like horoscopes, it works for some it doesn't for most. Have fun and enjoy it for what it is but TA is not crystal ball of profit. No matter how new or noob you are then we could really be able to generate our own analysis on which it is really just that true, the only difference on between things is that it do really turns out that it wont really be that much better compared into those people who do really actually have the experience when it comes to trading and investment decisions that they do made. It is really that somehow true that trying out to follow media outlets price predictions and speculations is never been that a good idea, we do know that these things could neither be that opposite or something not really that good at all when it comes to price approach. It is really just that depending on someone on how they would really be seeing things like this for it to be that they would be having those reconsiderations on taking or making such step.
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el kaka22
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January 11, 2024, 06:46:32 PM |
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It's quite obvious, I mean nobody really knows what the coins will do, and they are a company that gets a lot of clicks, which all together means that they are going to have absolutely no idea what the market will be like, just like all of us, but they will be heard or in this case read a lot more. I can be wrong, but only a dozen people will know that I am wrong, when they are wrong, tens of thousands of people know that they are wrong.
This results with them not having anything of value done, and that is why it is a risky move, and I believe that it is not going to be all that simple to handle, we should be careful about it one way or another, it will definitely end up being a risk for the people eventually for sure.
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Mahanton
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January 12, 2024, 09:39:22 PM |
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Man, never take any advice for value. Cointelegraph is what I call repeater news. They never make first news they always recycle. That's first point.
Just like the rest been saying that it would really be that always recommended that you should really be that basing into your own analysis rather than on trying out to keep pushing or make use of those others suggestion on which on the time that it would be making out some opposite results then feeling of regret is really there. Or accept the fact I keep talking about. You can do analysis, anybody can. It's the easiest thing in the world. Heck even chatgpt provides 'better analysis' than most sites like Cointelegraph but if you really understand trading, then you understand you don't really gain an edge from analysis. There's a reason why they call TA astrology for men. Like horoscopes, it works for some it doesn't for most. Have fun and enjoy it for what it is but TA is not crystal ball of profit. No matter how new or noob you are then we could really be able to generate our own analysis on which it is really just that true, the only difference on between things is that it do really turns out that it wont really be that much better compared into those people who do really actually have the experience when it comes to trading and investment decisions that they do made. It is really that somehow true that trying out to follow media outlets price predictions and speculations is never been that a good idea, we do know that these things could neither be that opposite or something not really that good at all when it comes to price approach. It is really just that depending on someone on how they would really be seeing things like this for it to be that they would be having those reconsiderations on taking or making such step. Wont really be bad if you do base up some of your analysis into those given by those media outlets on which it cant really be avoided that you would really be having that kind of impression on which it is really just that normal that you would really be peeking into those analysis on which we cant really be able to deny that when it comes to those analysis been provided then it is really hard to resist that they've been making some shit analysis on which you would really be having those common thoughts that they are really making a good call out of those observations whether in pure fundamentals or basing up into some technical. It would really be just that totally depending on the things that you are dealing with because on the time that you do gain up sufficient knowledge then this is where you would be making those realizations that it would really be that just that better if you do base up on your own analysis rather than on depending into it. You would soon later be able to realize those things along the way on which it would really be just that normal that you will really be having those kind of initial impressions when you are still a noob whereas you would be making adjustments later on on the time that you gain up sufficient experience along the way.
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adaseb
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January 12, 2024, 10:12:09 PM |
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Do you think CNBC, Bloomberg, Seeking Alpha is any better? They are all just for views. They are opinions and anyone can pretty much have their own opinion on a type of investment. However they will be correct 50% of the time.
It will either go up or down, other than that there is no guarantee. Look how many hedge funds which are billion dollar businesses couldn’t even beat the NASDAQ last year. Any new trader could of bought the nasdaq index and make more profit than all these hedge funds which were in and out of trades all year and made less profit.
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shield132 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2024, 05:57:12 PM |
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Do you think CNBC, Bloomberg, Seeking Alpha is any better? They are all just for views. They are opinions and anyone can pretty much have their own opinion on a type of investment. However they will be correct 50% of the time.
It will either go up or down, other than that there is no guarantee. Look how many hedge funds which are billion dollar businesses couldn’t even beat the NASDAQ last year. Any new trader could of bought the nasdaq index and make more profit than all these hedge funds which were in and out of trades all year and made less profit.
I don't think any of them are better, they are all terrible and I find their analysis funny sometimes. It's amusing when multi-billionaires publicly make predictions and all those listed websites quickly share their prediction and advice. They are always wrong and always fail, especially when they make predictions about Bitcoin. Btw Cointelegraph is a different build. Yeah, everyone can have their own opinion and publicly state it but it's a shame when you can't make a correct prediction. If I were the owner of Cointelegraph, I would never write predictions again because I have read them for years, every possible day and they are 99% wrong, I can't believe how can they make so many wrong predictions, that's insane. Their technical analysis is a total joke, I always regretted it when I followed their advice.
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Dunamisx
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2024, 06:20:20 PM |
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This is not about cointelegraph alone, we have many other platforms that we shouldn't trust for anything, when we are making our research, we have to do such having alternatives to sources, then engage the process by ourselves before concluding on anything said by some of these platforms, it is very necessary to DYOR, this will likely be something different from what others are saying concerning any cryptocurrency market or condition.
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milewilda
Legendary
Offline
Activity: 3220
Merit: 1147
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April 02, 2024, 09:55:01 PM |
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(...) I was actively reading their articles. They always mention what price is the support level, what price will cause the bearish moment and what will cause the bull moment. Never ever rely on their advice because practice showed me that their analysis is not correct.
That's why it is called "analysis", pure speculation. I don't blame them for being the worst because even they, a popular entity in the cryptocurrency market are having difficult doing analysis so it means it's really difficult to predict or analyze the next move of the market. If you are only relying on them for your trading, I don't see you should hate and blame them. There are really just that people who are really that having that close minded on which if they've seen that its a trusted article site then they would really be making out those conclusions and if those things didnt happen then they would really be that bashes or criticisms that they arent trusted blah blah or whatsoever that they do want to say on which this is something that a very common human being behavior and this is why it wouldnt really be shocking that they would really be giving those kind of words without even trying out to realize that everyone on this space are speculators. No one on this world would really be able to know on what would happen in the future on which it would really be something that random or cant really be known no matter what. This is why it would really be that important that self acceptance on changes and having that versatility would be always recommended.
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Wexnident
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April 02, 2024, 10:03:17 PM |
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I liked reading their articles when I was starting out, granted it was the only known source of crypto info I knew in general back then but I soon left it, and even more so their analysis articles lol. I was a victim back then since I was a weak hands trader with no knowledge whatsoever so having someone do the analysis thingy for me back then seemed like a great idea. Turns out I was just dead wrong. Sooner or later I realized any analysis, not just the Cointelegraph one, is simply similar to mine (not in the result, but in nature), a guess. Turns out it would've been a lot better for me to just study on my own, even if it may take a longer time compared to investing immediately.
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Ben Barubal
Member
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Eloncoin.org - Mars, here we come!
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April 02, 2024, 11:10:56 PM |
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It's hard for beginner traders to trade with bitcoin and altcoins. Many people look for analysis that are written by other people. If you are a newbie trader, I suggest you to never take seriously what Cointelegraph authors write about bitcoin and altcoin analysis. Cointelegraph often posts the worst crypto price analysis articles - https://cointelegraph.com/search?query=price%2520analysisI was actively reading their articles. They always mention what price is the support level, what price will cause the bearish moment and what will cause the bull moment. Never ever rely on their advice because practice showed me that their analysis is not correct. What else would you expect from a YouTube influencer? Of course, the majority of YouTubers, when they fail, are after views to get a profit after 1 month if the channel is monetized. You know the current trend on YouTube of influencers who have an account there; it doesn't matter if they look stupid or lie; what they say is fine. Because what they're after is to criticize, bash, and get noticed in the video they'll upload to their channel to attract the attention of the YouTube community. It doesn't just happen once to different influencers, to be honest.
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