The cryptocurrency market attracts traders, investors, and even average users due to earning opportunities.

It is one of the world’s most fluctuating and dynamic financial markets. However, it is the same risk. The chance to lose everything equals the opportunity to win the crypto game. The good news is that we have a simple tool to help you precisely predict price fluctuations and crypto trends. The tool is a crypto calendar. Let us review the calendar, how it works, and how you learn to use it.

At WhiteRoad Academy, we offer online learning courses that cover crypto markets and explore tools like crypto calendars, their efficiency, and usage. So you can choose a course that suits you and get insights from practicing experts.

What Is A Crypto Calendar?

A crypto calendar is a list of cryptocurrency events that directly or indirectly affect the market: prices, demand, sentiments, and other factors. The events on the calendar can be the following:

• Blockchain upgrades and new technologies implementation: Consider Ethereum’s transaction to Proof of Stake or Bitcoin’s Taproot upgrade to improve user privacy, which caused sufficient price surges.
• Halvings: Or similar events that affect the market supply of a certain cryptocurrency. For example, Bitcoin halving reduces rewards for miners and often leads to price shifts driven by scarcity. You can learn more about how these events affect the crypto fluctuations at WhiteRoad Academy. 
• Token burns: This is a deliberate destruction of tokens to reduce supply and potentially boost value.
• New listings: When a cryptocurrency is added to major exchanges, this often causes a surge in its price.
• Regulatory announcements: Major government or institutional decisions regarding crypto use can cause price surges or decrease demand. WhiteRoad Academy courses explain how regulations affect pricing so you can learn to predict market trends precisely. 
• New Coins: An example is a Notcoin on Telegram. You can explore its impact on crypto industry in this article.

As are the calendars, the drivers of demand and price changes in traditional and crypto markets are different. Learn how effective news are generated, so you can estimate the value of each piece of content that can affect your decision. 

Why A Crypto Calendar Is Important 

Price changes prediction

Crypto prices are susceptible to changes in the geo-political context. It is hard to track all the news that can affect crypto pricing. If you learn about an event before it happens and know it can affect the prices, you get a significant edge in anticipating price movements. For example, before a major crypto upgrade, the currency demand rises, which in turn commonly makes prices go high. The same is true after some regulatory crackdowns: they can cause a drop in demand and panic selling that, in turn, makes prices go down. 

Staying ahead of the market

Knowing the events and being able to predict the trends prevents you from significant losses, such as selling too early to invest in a dead asset. A crypto calendar helps you plan your buy-and-sell process and avoid typical failures.

Guesswork excluded

Upcoming events inform analysis of current trends and predict the changes. If you learn to interpret the impact, you exclude the guesswork. Simply knowing the facts of an event is not enough. There is a historical context, current market, and many other factors that need correct interpretation. You will learn this at WhiteRoad Academy. 

Why you should not act blindly 

Though differing from traditional financial markets and assets, crypto requires the same approach. Acting without a clear strategy will inevitably lead to costly mistakes. This market offers a high profit potential, but the same applies to the risks, especially when you make impulsive decisions. You must learn the dangers of blind action in the crypto market to avoid typical mistakes: 

Fear of missing out

You can also see the abbreviation FOMO. A classic example of FOMO is buying or selling crypto into an event after the price shift, driven by the fear of missing potential profits. As a result, you act emotionally and at the wrong moment. You will act wisely if you know the trends and historical market shifts.

Rumors or misinformation

The crypto market is highly susceptible to speculation. It is filled with unverified news or false facts that spread quickly. Making decisions after getting data from unreliable sources will inevitably result in losses, like investing in a wrong project or buying during the peak price before a dropdown.

Market sentiment and timing ignorance

The main rule of event analysis and trend prediction is that even a legitimate event may not produce an expected outcome. Prices can move in an unpredictable direction even though all the tools indicate a certain trend. Prices can drop when the market indicates growth trends, or vice versa; they can go high when expected to drop. Please always keep this in mind. There are no tools that provide you with guaranteed decisions.

How To Exclude Blind Work From Your Trading Routine

• Always research: Check the events from different sources and check the sentiments and opinions. Do never rely on a single source or opinion. 
• Consider timing: You must understand that a significant part of the price change happens before an event. If you exit too late, you can lose potential profits.
• Combine various methods of analysis: Crypto calendars are helpful guides, but always use different tools, indicators, and market trends to shape your strategy and to make decisions.
• Optimize your risk management: As the first aid, set stop-loss orders and avoid investing more than you can afford to lose.

Practice discipline when entering the crypto market, whether you want to earn on trends or just use crypto. Whatever your genuine aim, you must learn to navigate crypto market volatility effectively. You can learn this independently or get the knowledge, tools, methods, and strategies from practicing experts. 

Conclusion

Integrate crypto calendars into your crypto trading strategy. This tool is more than just a list of dates; it’s your guide to navigating upcoming market trends and their highs and lows. If you learn to analyze the significance of every event and its potential impact, you can optimize your strategy and reduce potential risks. 

Each course at WhiteRoad Academy contains video lessons on crypto calendars and the methods of even analysis. Now, it is your decision whether to act blindly or get the knowledge to drive faster!