Post
Topic
Board Trading Discussion
Re: bitcoin chartists live in fantasy land
by
stomachgrowls
on 21/08/2019, 11:27:50 UTC
technical anaylists, chartists it is fantasy.
Any one can draw line on a chart, draw a line and say a 1000 words, but it is all in the past.
What matters is in the future, and then their lines are 50% right, and 50% wrong.
The future price of bitcoin depends on many things, many have not even been spoken of yet, make a list of good , and bad what could happen.

And only then decide whether to buy or sell.
You hate too much technicals,arent you?  Grin No one can indeed predict the future or things ahead specially to this very speculative market. Charting and technicals might not be precise but these things are way more better than on having a blind trading or doing trades without any basis or analysis.So better not to hate it because you like it or not, there would be those chart gurus.