Quote from: shawonngp on Today at 06:28:11 AM

Quote from: traderethereum on February 18, 2025, 10:32:53 AM

Those trader should know when they can buy or sell so that is why they must analyze before they trade. That will eliminate them to buy or sell in a wrong time because they can determine the time they can do action. I don't rely on AI agents to let it analyze but I always analyze by myself so I can see what I can do related to the market situation.

If the market say that the situation is not good, I will skip to trade and just wait for more. I don't have any reason to force myself to keep trade because that can make me in a risk situation.

I never tested how much accurate prediction can give AI agents, so I don't want to trust with AI agents, I am trading with my own strategies, So for that need to research myself. Yes when we see market condition is very bad when definitely we will never entry in the market, but I don't know how AI agents decide it. And when we see good time to start trading then I will buy coins.

So first, yes when the market trend is not very clear, you can wait & see and don’t trade; just like how people say I’ll just buy when the trend is fairly clear that the price will increase, this indeed is a good strategy, and actually this exact strategy is employed by many trading firms. However, in the long run how much profit can you actually make by adhering to this strategy only? And second, how many people can stick hard to trading rationally, without any emotions and determinedly trade with their strategies they’ve come up with? Third, the market is called an efficient market for a reason, thus there isn’t going to be a very obvious trend all the time, most times it’s volatile, and that is why it’s called a random walk. It’s important to keep in mind that the price of bitcoin is determined by the “collective actions” of all the traders’ involved (some people buy and other sell which then causes the price of bitcoin to fluctuate), it’s not if you, as an individual, thinks that it’ll increase or decrease that actually causes the price to do so. At the end of the day, no matter how much research you’ve done, you’ll still just have to guess the movement of the market.