Social Index and Market order flow are somehow related to each other ? I mean, if the chat rooms say "down" then it's a sale ?
Social index changes lead to sudden price fluctuations. To be fair, in the majority of cases, the price goes opposite of the general market mood (but it depends severely on the phase of the market), therefore, if you are one to counter-trade chat room opinions - this tool is first to display the market mood, be it bullish, bearish or neutral. The market order flow indicator, located right next to the social index indicator, is the ratio of market buy : market sell orders. (i.e.: current short-term trend).
Thanks. I thought that your service gives a signal to buy or sell based on the social index, but now I read it again and see that everything works differently.
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BoardTrading Discussion
Re: Scalpex index - Social data analysis for bitcoin market forecasting
by
Unfunnybtc
on 23/10/2019, 14:52:54 UTC
Social Index and Market order flow are somehow related to each other ? I mean, if the chat rooms say "down" then it's a sale ?
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BoardAltcoin Discussion
Re: Why drop in price when listed on exchange market?
by
Unfunnybtc
on 27/06/2019, 18:49:34 UTC
The price falls because people are afraid of losing all the money and sell under the influence of panic, or because the product was useless and did not attract attention.
According to me , the sad true is only few alt coins will survive and make their product reality. So to be success investors , people should be more understand those coins. Most of altcoins will death.
The token has nothing to do with the company's product. In most cases, the token is just a subject for speculation.
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BoardAltcoin Discussion
Re: Time to fill bag with altcoin
by
Unfunnybtc
on 27/06/2019, 18:39:10 UTC
Altcoins still depend on bitcoin, if it falls in price, they will also fall. We need to wait for the market reversal again.
In my opinion, it is not possible in the near future but BNB is the best coin and good candidate to investment there is no compare between BNB & ETH because of different platform.
Indeed, they are different platform but we are talking of the market spot here. ETH is currently at no 2 now in the ranking, so BNB has to beat its ranking and will have to replace ETH for that, to see that happening, BNB has to increase 10 times from its current price now, which will only bring it to 370 usd, I see it's possible since BNB already have 6 times increase this year alone.
Ethereum is more than a coin of the popular exchange and BNB will never surpass ether for this reason.
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BoardAltcoin Discussion
Re: Can bounty with large allocations make you profitable ??
by
Unfunnybtc
on 25/06/2019, 18:07:04 UTC
After mid-2018, it didn't matter how many tokens were allocated for the bounty, because they always fell in price to almost zero. If the bull run starts this year, the size will matter.
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BoardAltcoin Discussion
Re: Are you ready to invest now?
by
Unfunnybtc
on 24/06/2019, 19:56:17 UTC
The market for some altcoins and bitcoin for 3 days is almost in the same position, perhaps this is the last chance to buy before the bulls run, or we expect a wave of market correction.
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BoardAltcoin Discussion
Re: Altcoin season is not here yet.
by
Unfunnybtc
on 24/06/2019, 19:53:28 UTC
Many crypto experts promised a correction of the entire market after bitcoin will take $ 11,000, but so far there is no correction and I very much hope that both for btcoin and for altcoin the bull race will continue.
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BoardAltcoin Discussion
Re: People are losing confident and interest in altcoins
by
Unfunnybtc
on 23/06/2019, 19:16:01 UTC
Most altcoins are very easy to make 2x or more because they are cheap, other altcoins are also getting more expensive in price, but not as fast as bitcoin. We can only wait.
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BoardAltcoin Discussion
Re: This is a fake bit coin bull run don't fall for it
by
Unfunnybtc
on 23/06/2019, 19:10:43 UTC
As many have said, not all altcoins become more expensive when bitcoin becomes more expensive. This is logical because everyone is trying to have time in the new run of bulls.
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BoardAltcoin Discussion
Re: new coins are worthless!
by
Unfunnybtc
on 20/06/2019, 13:14:05 UTC
Cryptocurrency is intended mainly for speculation, only a few new coins reach the top among altcoins, especially in a technically useful way.
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BoardAltcoin Discussion
Re: It's time to buy altcoins
by
Unfunnybtc
on 20/06/2019, 13:10:55 UTC
Many people and news publishers are now saying that the market may return to the bullish trend this year, if so, the time for altcoins is indeed here. However, don't be greedy and try to stay calm.
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BoardAltcoin Discussion
Re: How to recognize a good time to sell a coin?
by
Unfunnybtc
on 18/06/2019, 20:10:04 UTC
Trading is not a place for greed, you just need to stick to your strategy and get even a small profit, and not wait for the best price.