Post
Topic
Board Trading Discussion
Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions
by
buwaytress
on 13/09/2019, 20:01:31 UTC
Yeah, I do follow the orderbook dynamics, chart and volumes.. Anyway, the sentiment has an impact as well, imo. It is reflected in the price as a complex of factors. Sometimes it is already discounted by the price. Sometimes it is still a trigger or a hint for trader. Stay informed but use the facts wisely.

I definitely like taking sentiment over TA (even if the latter can be slightly more entertaining) but all the same I don't think in the case of dovish central banks, the purported rush to buy up Bitcoin is happening or going to happen (soon).

Sure, there's no more incentive even in the EU now to keep savings. But I can't see people with savings (my generation and older) withdrawing and closing pensions to buy... Bitcoin.

A hint for traders I agree. But not much they can do about the hint unless they're in the very, very long game.