Post
Topic
Board Trading Discussion
Re: Journey from gambling to trading
by
BitHodler
on 04/11/2018, 23:42:11 UTC
That's right, we should spend money on studying before practicing anything. Because investment is a field that requires broad knowledge of economics and financial indicators. If we do not understand that, we will be very easy to invest blindly and be considered gambling.
How often do these indicators in crypto actually lead to anything? People guessed so much left and right in the last months, that they finally accepted that the market isn't going to do much other than to hover around $6500.

The descending triangle that people were eagerly looking forward to with how they believed it would result in a massive breakout didn't lead to anything. Here we are still moving sideways, and there doesn't seem to be an end in sight.

People need to admit that they are guessing at best, even when it is based on whatever form of analysis. I don't see traders for once admit that there isn't much to gain here, and that it's not as profitable as people think it is. That's honesty.