Post
Topic
Board Trading Discussion
Re: The whales need no indicators!
by
Mpamaegbu
on 08/02/2019, 14:25:54 UTC
The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins.  This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis.  The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.
The market moves either bullishly or bearishly along the lines of supply and demand. Just let plants moving towards sunlight for survival, so does the market to the big money. The whales call the shots and so shouldn't care what indicators individual "ant" traders use.