Post
Topic
Board Trading Discussion
Re: How to understand the market in advance
by
lixer
on 10/11/2021, 21:20:23 UTC
Hi guys I’m new to the forum and I’m new to the crypto world.
I would like to know if there is some method on how to understand when the market is going to dip or when the market is going to pump.
Understanding the market is what we call analysis (technical analysis and fundamental analysis). So, for you to be able to understand the cryptocurrency market you have to know how analysis works, you can look at the works of other market analysts and see how they are able to make market predictions, although this doesn’t come out 100% right most of the times, but at least it can help you to know the direction the market is likely to head to in the nearest future or long term.

So, you have to study the charts and know how you can make use of these charts to predict where the market can be heading to whether it will be going up or down, when you are able to learn this, you will be able to understand the market and  know what will be the possible outcome.