Post
Topic
Board Speculation
Re: Do you trust chart analysts?
by
CelebratingBTC
on 22/10/2018, 11:01:18 UTC
I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!
Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.
Thats what you should do! that is the function of your learning so that you can have your own choice not from the analysis of others people, you can make analysis from other people as your reference material but don't believe 100% and rely on those tips, just believe on your strategy
You can use these analysis charts for your data but not full and final. Many of the charts are also designed by the manipulators to misguide new investors to get their desired results. You should do your own technical and fundamental analysis about the current and future market trend. It will be better than depending upon these charts. Always look at the market cap. If it increase price will also increase otherwise fall.