Post
Topic
Board Trading Discussion
Re: What Is the Best Way To Diversify 100K in Crypto?
by
mk4
on 01/06/2018, 14:57:29 UTC
how much do you think all the analysis like technical analysis and research helped you in your altcoin trading? i ask that because i am no expert but for the life of me i can not see any kind of analysis work on 99% of the altcoins and that 1% only works sometimes. they are all moving based on pump and dump.

Not a daytrader per se, but I kinda get the concept of technical analysis.

First off, not all altcoins are moved by pumps and dumps; but some are just manipulated by whales. On to the TA topic: Making decisions through TA doesn't guarantee you accurate predictions. Doing TA on certain coins/tokens just increases your odds of winning the sort of "gamble" that is trading. Increasing your odds from 50% chance of winning a trade to 60% is a significant difference.

To the people who understands TA better: Correct me if I'm wrong.