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Author Topic: What are some of the indicators for buying?  (Read 14344 times)

Offline Domithra

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What are some of the indicators for buying?
« on: July 17, 2019, 07:08:38 AM »
It is well understood that a crypto investor must possess a coin with good potentials before sales can be made to make profit. There are also several ways to attain cryptocurrencies yet they all follow a very important principle which is the cause for the purchase or attainment of that particular coin at that point in time. They are normally called the indicators.
Every trader or investor has a unique indicator which triggers buying and selling. The most common ones include;
1. The event of bear market where most of the valuable coins are sold at relatively cheap prices
2. News which are capable of influencing the market
3. Big company joining crypto. eg Facebook
What other forms of indicators can be a good cause for buying and selling in crypto to maximize ones profit?
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What are some of the indicators for buying?
« on: July 17, 2019, 07:08:38 AM »

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Offline masterrex

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Re: What are some of the indicators for buying?
« Reply #1 on: July 17, 2019, 11:07:28 AM »
Most of the time, cryptocurrency market reacts on any development in the crypto-space wethere is good or bad, Buying is almost common in daily trading sessions if you are a day trader commonly you didnt hold your cryptos beyond a day so buying indicator will seen everyday thats my opinion as a day trader.

Offline Domithra

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Re: What are some of the indicators for buying?
« Reply #2 on: July 18, 2019, 06:14:53 AM »
Most of the time, cryptocurrency market reacts on any development in the crypto-space wethere is good or bad, Buying is almost common in daily trading sessions if you are a day trader commonly you didnt hold your cryptos beyond a day so buying indicator will seen everyday thats my opinion as a day trader.
Crypto market reacts positively or negatively to new developments depending on the nature of the development. Some developments cause an upward movement in market price whereas others create FUD leading to panic selling and eventually a downward in market prices. What matters most is the ability of the trader or investor to identify the positive indicators or developments in other to make trades in response to that.
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Offline sturec22

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Re: What are some of the indicators for buying?
« Reply #3 on: July 18, 2019, 10:03:25 AM »
I use technical analysis for buying, the news is less important for me. Rumors and news are crazy fomo fud triggers which can confuse my attitude. If there is fear in the market it is time to buy, if there is greed in the market it is time to sell. This is my attitude.

Offline zendicator

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Re: What are some of the indicators for buying?
« Reply #4 on: July 18, 2019, 06:19:15 PM »
aside from that, you must also set your focus on long term and set aside your emotion. IF you want to buy during the red market days, be sure that you are ready to lose your money because nothing is certain in crypto world. after you buy your crypto, just leave it and wait to moon.

Offline Bobcrypto

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Re: What are some of the indicators for buying?
« Reply #5 on: July 18, 2019, 07:03:17 PM »
And Long term buying are not sold untill the stipulated time of sales are achieved, though not many guys can actually wait if price pump significantly. I think long term are not mainly for daily trading activities but they are meant to be for the future.

In addition, one of the indicators for buying a coin is the constant demand and supply of the coin(s). The high the demand, the rise in price.

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Offline gotbounty

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Re: What are some of the indicators for buying?
« Reply #6 on: July 18, 2019, 07:57:48 PM »
I think the news has the most influence to be as an indicator for investors to buy. People will buy because of the positive issues like the support from a government, new big companies, or big players. I also will consider to buy or sell because of the news.
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Re: What are some of the indicators for buying?
« Reply #6 on: July 18, 2019, 07:57:48 PM »


Offline Claus

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Re: What are some of the indicators for buying?
« Reply #7 on: July 18, 2019, 11:18:00 PM »
There are many indicators but to me an indicator for buying is when I see that the market has decreased in percentage of about 30% then I know that when I buy by all means it will rise for me to get an interest on it.

Offline TERENCIO

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Re: What are some of the indicators for buying?
« Reply #8 on: July 20, 2019, 07:36:31 AM »
Crypto volume is one the indicators of buying crypto, because it signifies the acceptance or rejection of the project. Even though volume sometimes it's fake like the whales doing a wash trading. But still volume speaks the sincerity of the price.
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Re: What are some of the indicators for buying?
« Reply #9 on: July 20, 2019, 03:21:13 PM »
OP listed some good indicators however, it's a bit tricky in the first two indicators. In bear market, very few people can see opportunities over fear. The crowd are afraid of today's high will be tomorrow's low. Besides, news that can affect market is also unpredictable. For example, no one can be sure if Libra's born and dead affected the market.

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Re: What are some of the indicators for buying?
« Reply #10 on: July 20, 2019, 04:03:21 PM »
Every trader using diff-diff method to analyse the market some using trend lines, support resistance and some using moving averages etc. to decide the trend. Even their are traders who does trading on naked charts as well. Ultimately I would say project dev also plays major role in their coin movement and rest movement depends on the demand.

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Re: What are some of the indicators for buying?
« Reply #11 on: July 20, 2019, 10:27:46 PM »
I made my own indicators for buying and I think other people also do it. The point is buying at a cheaper price, it will make you have an advantage of gaining big profits when the coins rise significantly. However, not all coins can have good momentums, so be careful to see their trends.

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Re: What are some of the indicators for buying?
« Reply #12 on: July 20, 2019, 11:41:34 PM »
I'm a day trader and use tech technical analysis most of the time and I think its been working just fine till this very moment but other key indicators includes news and volume

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Re: What are some of the indicators for buying?
« Reply #13 on: July 21, 2019, 06:41:11 AM »
Bitcoin is bought when it's red.
Bitcoin is sold when it's green.

Both of these methods are the most appropriate ones I have done, apart from FUD, FOMO, News and HIVE news.
It's the same for all altcoins but because it's too risky altcoins I better buy it with my Bitcoins capital of around 30%.

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Re: What are some of the indicators for buying?
« Reply #14 on: July 21, 2019, 08:11:06 AM »
Bitcoin is bought when it's red.
Bitcoin is sold when it's green.


That seems easy to understand but it is hard to do. Why? Because not all people know in what rates they are better to buy. Moreover, not all people can predict or analyze well about the possible trends after they buy. It is al about the experience and purely skills.

 

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