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[AudraMiller]

One of the methods that cryptocurrency analysts use in order to try and see if the market is going to continue dropping further or increase in price is to look at the ratio that exists between the number of sell orders and the number of buy orders. If the number of selling orders is high it shows that whales and long-term cryptocurrency investors are expecting another cryptocurrency crash and as a result they would move to sell more of their cryptocurrency. However currently if we look at the crypto-currency market the ratio is actually 90% of buy to sell, showing that people actually are interested in purchasing cryptocurrency and this will help in creating a bull market in the future.

 

[Niftyicon]

I guess this is a good thing then. Maybe the bull season will be here sooner than we expect. It would be nice to see everywhere green again.

 

[ElPaule]

One of the methods that cryptocurrency analysts use in order to try and see if the market is going to continue dropping further or increase in price is to look at the ratio that exists between the number of sell orders and the number of buy orders. If the number of selling orders is high it shows that whales and long-term cryptocurrency investors are expecting another cryptocurrency crash and as a result they would move to sell more of their cryptocurrency. However currently if we look at the crypto-currency market the ratio is actually 90% of buy to sell, showing that people actually are interested in purchasing cryptocurrency and this will help in creating a bull market in the future.

It is great to see how simple metrics from good old stock trading working in crypto too. The key difference is transparency for this information. On stock market you have to pay a lot to get this information in near time, in crypto it is available for free, but still people need to understand the data and transforming it to information and knowledge. Not everyone can do that. I am struggling too to understand all tradings patterns and take advantage of it…

 

[Wisdom01]

Many people are considering this as the dip ,so there are obviously more buy and this adds to the recent increase in the movement of crypto price

 

[LutherKing]

You are right , a lot of things can happen , the market is very volatile and reacts and affected by every single tweet and activity , about progress yes if things remain as same , we can se bitcoin reaching 45$k , that's why i;m holding as well my coins and not selling due to panic

 

[AudraMiller]

You are right , a lot of things can happen , the market is very volatile and reacts and affected by every single tweet and activity , about progress yes if things remain as same , we can se bitcoin reaching 45$k , that's why i;m holding as well my coins and not selling due to panic

I think that the one thing that people are failing to do right now is actually have patience when it comes to the cryptocurrency market and how it is likely to react to various news events that take place because if they are able to wait it out you are likely going to see a profit when the economy starts to recover from the pandemic and any other financial situation that countries may have been experiencing.

 

[Wisdom01]

I think that the one thing that people are failing to do right now is actually have patience when it comes to the cryptocurrency market and how it is likely to react to various news events that take place because if they are able to wait it out you are likely going to see a profit when the economy starts to recover from the pandemic and any other financial situation that countries may have been experiencing.

Yeah and to make profit from cryptocurrency is not just a very quick something ,it will actually take a lot of time patience and proper learning , because of the market works ,it's not meant for a beginner ,it's meant for a professional and expert when it comes to maximizing gains from the market also

 

[AudraMiller]

Yeah and to make profit from cryptocurrency is not just a very quick something ,it will actually take a lot of time patience and proper learning , because of the market works ,it's not meant for a beginner ,it's meant for a professional and expert when it comes to maximizing gains from the market also

Exactly and there's a lot of people that think that cryptocurrency is a get-rich-quick scheme which it is not and you have to take the time in order to learn about the various different cryptocurrency coins and how they interact with each other in order to trade profitably. There is new coins that is being introduced into the market on a daily basis and you have to stay up-to-date with what is viable and what is not.

 

[Wisdom01]

Exactly and there's a lot of people that think that cryptocurrency is a get-rich-quick scheme which it is not and you have to take the time in order to learn about the various different cryptocurrency coins and how they interact with each other in order to trade profitably. There is new coins that is being introduced into the market on a daily basis and you have to stay up-to-date with what is viable and what is not.

They actually need proper idea and note that it's not a get rich quick scheme, if it's a get rich scheme ,lot of people would have joined since so they could benefit without loosing any amount of money ,it's never like that ,it's the opposite , because it requires more level of understanding of the market before investing

 

[AudraMiller]

They actually need proper idea and note that it's not a get rich quick scheme, if it's a get rich scheme ,lot of people would have joined since so they could benefit without loosing any amount of money ,it's never like that ,it's the opposite , because it requires more level of understanding of the market before investing

Exactly, however i don't think that people think about it that way. They tend to see all of the success stores that arise from cryptocurrency and as a result of this they are trying to develop their own profit from it as well. And there is a lot of fake news with cryptocurrency as well and this makes it easier to convince people of this.

 

[Wisdom01]

Exactly, however i don't think that people think about it that way. They tend to see all of the success stores that arise from cryptocurrency and as a result of this they are trying to develop their own profit from it as well. And there is a lot of fake news with cryptocurrency as well and this makes it easier to convince people of this.

Most times what confuse people most is the YouTube videos they watch ,they actually believe in that video that it's real when the YouTubers reveal the amount of gains they are making from the market ,this actually would give them more motivation to invest more in the market because investors also want to make gain's

 

[AudraMiller]

Most times what confuse people most is the YouTube videos they watch ,they actually believe in that video that it's real when the YouTubers reveal the amount of gains they are making from the market ,this actually would give them more motivation to invest more in the market because investors also want to make gain's

Yes there are times that these videos will have fake information and even when it comes to the actual payment that is being made as well and the proof that they tend to show on the videos is also fake as well. It could be just sending the funds from one person to another to try and trick more investors.

 

[AudraMiller]

The key difference is transparency for this information. On stock market you have to pay a lot to get this information in near time, in crypto it is available for free, but still people need to understand the data and transforming it to information and knowledge. Not everyone can do that. I am struggling too to understand all tradings patterns and take advantage of it…they actually believe in that video that it's real when the YouTubers reveal the amount of gains they are making from the market ,this actually would give them more motivation to invest more in the market because investors also want to make gain's

That is a very good point and that is why people tend to gravitate towards the cryptocurrency market because there is a lot of benefits that you can get and also the risk is a lot lower because you don't have to take on the risk of needing to pay for information or wonder what is happening behind the scenes.

 

[btaliat]

This is a good development, it means people are investing more in crypto. This will only boil down to mean that there may be bullish market sooner or later. When people buy more than sell, it is always a good moment for especially for the people that are holding their coins.

 

[AudraMiller]

Yeah far better than the sell ratio because day by day new investors are coming in to invest and once they come and realize the need of crypto selling it becomes a total problem that's why the buy ratio is far better than the sell ratio in the crypto world.

I think that it is also influenced by how easy people are starting to panic when it comes to cryptocurrency and how the price is changing over the course of a day because if you look at these coins then you will see that as people panic they start to sell everything that they have and this is what causes even more concerns for them.

 

[SCAMEXPOSER]

People should not panic about cryptocurrencies investment but fundamentally they should not invest into cryptocurrencies with their floating capital rather they should invest with their idle funds because that is the only secret you can use to make money from cryptocurrencies.

 

[AudraMiller]

People should not panic about cryptocurrencies investment but fundamentally they should not invest into cryptocurrencies with their floating capital rather they should invest with their idle funds because that is the only secret you can use to make money from cryptocurrencies.

I agree with you. The rule when it comes to cryptocurrency is that you should only invest the money that you are comfortable losing and therefore if you want to get involved with crypto you have to take that risk and not out in money that is essential for your living from a day to day basis.

 

[Wisdom01]

Yes there are times that these videos will have fake information and even when it comes to the actual payment that is being made as well and the proof that they tend to show on the videos is also fake as well. It could be just sending the funds from one person to another to try and trick more investors.

We actually also need to be careful of those videos with fake information , because with the video ,we could get scammed , people needs to be well enlightened about bad publicity ,so they would know that most videos on YouTube, don't always reveal their true profile ,so we won't get scammed at the end of the day

 

[SCAMEXPOSER]

I agree with you. The rule when it comes to cryptocurrency is that you should only invest the money that you are comfortable losing and therefore if you want to get involved with crypto you have to take that risk and not out in money that is essential for your living from a day to day basis.

I think the ideology is gradually changing from you invest in money you can afford to lose rather than money you can hold for a very long time because of the volatile nature of the cryptocurrencies it is rare for people to lose money in cryptocurrency Investments because it is trending and accepted by different government and companies. the only people that lose money in cryptocurrencies are people that do panic sales and invest into scam site.

 

[AudraMiller]

I think the ideology is gradually changing from you invest in money you can afford to lose rather than money you can hold for a very long time because of the volatile nature of the cryptocurrencies it is rare for people to lose money in cryptocurrency Investments because it is trending and accepted by different government and companies. the only people that lose money in cryptocurrencies are people that do panic sales and invest into scam site.

I think that it all depends on the cryptocurrency called that you were getting in for them because if you are investing in a much smaller coin then the risk is a lot higher and as a result he will lose money depending on volatility. However if you choose to invest in a cryptocurrency coin that is quite well known then the risk is considerably lower.