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cryptocurrency technique

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Purple

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what all the techniques intended for forex trading can be used to analyze cryptocurency.......... because in my opinion it is very difficult to predict the cryptocurrency currency compared to forex trading

I hope there can be various techniques suitable for cryptocurrency trading
tnks

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#1 - February 10, 2019, 02:51:18 PM

rafid

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i think the best technique that we can use here is by using support and resistance, its still same like forex just buy when the price in the bottom and sell it when it come in a resistance
#2 - February 10, 2019, 02:56:50 PM

Lordmishi

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Quote from: rafid on February 10, 2019, 02:56:50 PM
i think the best technique that we can use here is by using support and resistance, its still same like forex just buy when the price in the bottom and sell it when it come in a resistance
Yess i agree with you, bottim and resistance is basic to predict the price but we know that crypto is a bit different from forex, because sometime there is a coin that pumped by community or other big player, that what make it difficult to calculate
#3 - February 11, 2019, 02:54:42 AM

rafid

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Quote from: Lordmishi on February 11, 2019, 02:54:42 AM
Yess i agree with you, bottim and resistance is basic to predict the price but we know that crypto is a bit different from forex, because sometime there is a coin that pumped by community or other big player, that what make it difficult to calculate
yes pumped coin is a common thing in the world of crypto, the most common mistake is to buy when the coin has been pumped very high, instead of making a profit it ends up losing. therefore we must also be smart in determining entry points in the crypto world, never buy when the price already at its peak
#4 - February 11, 2019, 04:31:52 AM

Lordmishi

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Quote from: rafid on February 11, 2019, 04:31:52 AM
yes pumped coin is a common thing in the world of crypto, the most common mistake is to buy when the coin has been pumped very high, instead of making a profit it ends up losing. therefore we must also be smart in determining entry points in the crypto world, never buy when the price already at its peak
Indeed, maybe my biggest regret is buying NXT while the price at its peak. Look now, the price is drop almost 99%. Lucky i sell my nxt that time. 
I will take that as a lesson in crytpo until now
#5 - February 11, 2019, 05:42:38 AM

007fx

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sorry I cut off the conversation ... besides analyzing crypto with a support and resistance area there is good if analyzing it with news about crypto, it will make it better ...
#6 - February 11, 2019, 05:51:18 AM

Lordmishi

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Quote from: 007fx on February 11, 2019, 05:51:18 AM
sorry I cut off the conversation ... besides analyzing crypto with a support and resistance area there is good if analyzing it with news about crypto, it will make it better ...
Yes, dang i forgot about that. I think that fundamental is the best way to analyze crytpo market. Like example xlm is going to hardfork this weekend, then maybe and usually the price will rise before it hardfork and will drop after hardfork. Its common in crypto
#7 - February 11, 2019, 05:55:41 AM

007fx

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Quote from: Lordmishi on February 11, 2019, 05:55:41 AM
Yes, dang i forgot about that. I think that fundamental is the best way to analyze crytpo market. Like example xlm is going to hardfork this weekend, then maybe and usually the price will rise before it hardfork and will drop after hardfork. Its common in crypto
yeah ... we must be observant,
before the news was released in several countries, about the strong criticism of rejecting bitcoin, I had time to sell it, and if it was left it would be my biggest loss ...
from the price of $ 11,000 down to the level of $ 4000,

terrible..
#8 - February 11, 2019, 06:04:08 AM

ekawahyu

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Quote from: Lordmishi on February 11, 2019, 05:55:41 AM
Yes, dang i forgot about that. I think that fundamental is the best way to analyze crytpo market. Like example xlm is going to hardfork this weekend, then maybe and usually the price will rise before it hardfork and will drop after hardfork. Its common in crypto
really? I have never heard of the fork for XLM. Taht would be a good news for those who want to take part in pump and dump scheme.
#9 - February 11, 2019, 06:08:00 AM

ekawahyu

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Quote from: Lordmishi on February 11, 2019, 05:42:38 AM
Indeed, maybe my biggest regret is buying NXT while the price at its peak. Look now, the price is drop almost 99%. Lucky i sell my nxt that time.
I will take that as a lesson in crytpo until now
very nice you have sold NXT at the right moment.there are alot of Indoensian who lost so much money on NXT.
should have called TNT, bombing all the money. lol
#10 - February 11, 2019, 06:08:23 AM

Lordmishi

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Quote from: ekawahyu on February 11, 2019, 06:08:00 AM
really? I have never heard of the fork for XLM. Taht would be a good news for those who want to take part in pump and dump scheme.
No bro, it just example about pump hehe maybe i should Discuss about NXT for pumping example
#11 - February 11, 2019, 06:19:36 AM

007fx

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Quote from: ekawahyu on February 11, 2019, 06:08:23 AM
very nice you have sold NXT at the right moment.there are alot of Indoensian who lost so much money on NXT.
should have called TNT, bombing all the money. lol
this is a very valuable lesson in life, and looking for a better investment place, by the way, how much loss are you in?
#12 - February 11, 2019, 06:26:41 AM

ekawahyu

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Quote from: Lordmishi on February 11, 2019, 06:19:36 AM
No bro, it just example about pump hehe maybe i should Discuss about NXT for pumping example
yeah, you better make a new thread about the pump and dump, and why people should avoid it.
#13 - February 11, 2019, 06:33:09 AM

ekawahyu

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Quote from: 007fx on February 11, 2019, 06:26:41 AM
this is a very valuable lesson in life, and looking for a better investment place, by the way, how much loss are you in?
Lucky I don't invest on NXT. but I do many friends who lost quite alot  by NXT.I read that it also cause a divorce for a spouse because the man investing in NXt and lost a lot.
so don't end up that way. Invest wisely
#14 - February 11, 2019, 06:37:09 AM

007fx

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Quote from: ekawahyu on February 11, 2019, 06:37:09 AM
Lucky I don't invest on NXT. but I do many friends who lost quite alot  by NXT.I read that it also cause a divorce for a spouse because the man investing in NXt and lost a lot.
so don't end up that way. Invest wisely
before we invest, make sure some things we have to analyze ...
the first we have to know about what we will invest, find info on google and ask people who are experienced in their fields,
second, we must check the legality ...
third, you have to use money that really isn't for your needs, don't use loan money ...
#15 - February 11, 2019, 06:45:17 AM
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