Quote from: Baofeng on June 09, 2019, 04:02:51 AM

Quote from: harm on June 07, 2019, 04:11:53 PM

As bullish speculation in cryptocurrencies gathers pace, if the majority of traders and speculators use technical charts to trigger trade entries and exits over the short term, how useful are these tools in answering the only question that matters being on the right side of the trend, and how long is the trend likely to last?

https://www.youtube.com/watch?v=h-iCOz7XGO8

Nothing is predictable in this market. We all know that anything can change in minutes, so we can't say for certain that we are on the right side and how long that trend will last. That's why we don't know when to sell, when to enter because that's how the market operates. Yes, TA might help us, but to a certain extend, in my opinion. For me everyone is just making a 'wild and educated' guess, and if you are lucky that your prediction is a hit. But majority of us feel, so it's very very hard to be on the right side of the trend.

I think this will only be predictable fundamentally, and it requires a long time to invest. technical analysis is only an approach, so we can determine actions. and all that is just a possibility