Post
Topic
Board Economics
Re: Is technical analysis negatively affecting cryptocurrencies?
by
higgidave
on 23/10/2018, 10:33:50 UTC
Yes, it is affecting because; People believe technical analysis and they listen to analysis and when we can check youtube we will see there are more analysis for cryptocurrencies and people watch them if the analysis was negatively it is not good because investors will not invest to cryptocurrencies and it is bad for all market.
Better to not to believe these Technical Analysis and make hold your coins for long term period. Sometime TA does not well work for bitcoin as bitcoin is more dependent on news.