Post
Topic
Board Trading Discussion
Re: Crypto Charts Are Garbage
by
FanEagle
on 29/02/2020, 18:40:54 UTC
Anyone sick and tired of articles citing charts? I’ve been in stocks for 10 years and I know how to read them. Bitcoin/crypto isn’t candle based.
Look, I am one of the people who think TA is a bullshit as well and I do not agree with them most of the time but telling that they are garbage is also not a thing neither as well. The thing is, there are THOUSANDS of people who are trading without any data at all and they are simply just trusting their instincts and so forth and I still think that emotions should not possess a place in trading.

So, the people who do chart reading are basically just simply doing one more step than all other people, it still doesn't guarantee you a profit but when you compare just emotions versus charts, at least charts are better option because you know what you are looking for in charts instead of just making stuff up. Like I said none guarantees profit but at least it exists.