Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [POS / MN] ⭐️ An All-in-One Crypto Trading App ⭐️ Windows/MacOS
by
kolnides
on 17/06/2019, 19:30:07 UTC
Based on some freshly read articles of famous bloggers who are engaged in technical analysis of the market, I can say that the positive phase of the market has come.
I judge not by bloggers, but by the value of coins in my portfolio. And I think that so far there is only hope for growth...
Yes, sometimes bloggers made a lot of fake predictions and people loose money becouse of this.
TA's most simple figures are logical, but everything besides that in TA is mostly like horoscopes. It's based on assumption that random trajectories will somehow correlate with coming events and this events will repeat and repeat
Some people says that TA doesn’t working in cryptocurrency market but actually, I don’t believe them.
Works, but believe it is not always possible. The market is young and still highly manipulative.
I assure you, traditional market has even more insiders and manipulators. TA only shows what people that believe in TA would do. One story on news may break any TA figure. Or have no effect at all. Market is more about fear and greed cycles+fundamentals.
The fact is that today the cryptocurrency market is not regulated at all, that is, this market is very amenable to manipulation.